Thankyou both for your help.
I did think of talking to the tenants but didn’t want to cause any friction with the agent. I also thought if I told the tenants I was going to sell they may think there is not as much incentive in looking after the place.
It could work in my favour though because if I tell the tenants I will be selling at the end of…[Read more]

ok, will do thanks. Hopefully she will know how to minimise the GST. (I’m sceptical because it’s been difficult finding an accountant who knows property well)
H

For a long time now (I don’t always catch on straight away… I never seem to have enough time to dedicate to property investing. I know there are a lot of people out there who seem busy but really waste a lot of time and I wanted to make sure I wasn’t one of those, so I did a little excercise that I thought others might find useful.
I kept a…[Read more]

I know for properties in WA you can get a listing from the Dept of Property and Land Information. You can get them online from about $25. Website is http://www.dli.wa.gov.au/corporate.nsf
Cheers,

Friends of mine recently bought a property in Perth and managed to get access to it to do some work before settlement. However when they tried to submit plans for council approval, council would not process until settlement had gone through. (they could lodge it beforehand but it wouldn’t be processed until proof of ownership had been provided)
Cheers, H

Friends of mine recently bought a property in Perth and managed to get access to it to do some work before settlement. However when they tried to submit plans for council approval council would not approve until settlement had gone through.
Cheers, H

Hi Pegasus,
I’m in the process of building 2 houses and about to start my 3rd and would love to catch up with other people in Perth doing similiar and share anything I’ve learnt (some things the hard way!)
I was thinking of a regular get together of like minded people would be excellent. Share ideas, experience and provide some extra motivation…[Read more]

Hi vl,
It depends on whether the property is for personal or investment purposes. However in saying that even if it’s for personal purposes I would always try and gear it towards being appealing to yourselves and the masses so you can ensure it’s easily sellable or rentable if you decide to turn it into an investment or get rid of it later on.
I…[Read more]