Forum Replies Created
Hi Byronent
To work for $5 is not so bad, considering work placement students are working for free.
In some cases they have to bring money to do work experience. And this is not a crime???
If, in the process a lesson can be learned, and a debt be repaid, as in Jacks story, why not.
I don’t considder this a bad deal.Regards
HarryOriginally posted by byronent:Insurance insurance insurance.
It is a beautiful and necessary thing.
Don’t be discouraged. The horror stories are few and far between.
I can also tell you have had one tenant for 7 years and his brother next door in my other property for 6. I have offered to sell them both properties but they are happy renting. They do my lawns at no cost and I don’t screw them on rent, but all in all the return is great and they watch over the other 2 units in the block.
So there are lots of happy stories I am sure most can share with you. Don’t focus on the few negative ones.
Goodluck in the new year. Happy investing.
Byronent
Adelaide SAThanks Byronent
I think, because of the naturwe of our business, we only had the bad stories.
It had held us back though.
We bought a property for our daughter to rent but she moved back in with us after a while.
So we had two options. Sell or keep. We sold.
Stupid??? I think so now
RegardsHarry Otter
Thanks Byronent
That was very incureging
In the case I talked about they took all appliances, knocked a wall out because they needed a biljard roomRegards
Harry Otter
Hi Duckster
Bad luck with the instant HWS. This is a new regulation by the Office of Gas Safety. If the HWS is fitted in a laundry, it is still OK to leave it there. But commission houses where build with the HWS in the toilet or bathroom.
That now is prohibited. Also check if you buy a property, this is just a minor thing though, that the gas stove has a anti-tilt device fitted. Just a way to prevent the stove from tipping forwards when kids open the oven door to use as a step-up to see what mum is cooking. If this happens to a tennant, the owner is liable if not fitted with device. (or last licenced person attended)
Asbestos is a whole other ballgame. It can be left in place and still be used but it is tricky. The rules on this are clearly made for commercial purposes (only in my opinion) as they vary from case and owner. (as in owner occupier or landlord)There is a website that will explain all of this but i have to look it up if you are interested.
Regards
HarryHarry Otter
Hi Rogrecog
If the appliances are properly checked, opened up and checked for specific brand and model flaws, it could cost around the $150 mark.
Most of the time, after purchase of the property, it pays to have them serviced due to carbon monoxide mentioned in an other comment.
All gas appliances can produce this “stuff” and being a rental property, it is very likely to get a tennant complaint.
Such complaint is usually not worth the hassel compaired to a service call.
Also a very good 2005 to you
HarryHarry Otter
I am a maintenance gas fitter in VIC and as such have come accross a lot of gas appliances that have never been looked at.
In a lot of casses people buy without consideration of these appliances and yet a new gas heater can set you back $1500 or more [confused2]Harry Otter
