TheFinanceShop wrote:
I would go with a combined Bath and Shower. It is more appealing for families you have young ones. 

That’s what I’m thinking, would make it easier to rent.

Gazza21 wrote:
I have no problem with a bath with a shower over and think it will appeal to more potential tenants now and buyers later.

It's also much less plumbing, tiling and grouting (costs!) than two separates.

If anything, Is there room for a bath that gets slightly larger at the shower end without overcrowding the bathroom?

PS I know…[Read more]

JacM wrote:
I personally would do a separate shower cubicle, and then one of those small square shaped bathtubs.  That way people with kids can still put them in the bath but adults can have a normal shower.  This all presumes you could still access the bath without reaching over the hand basin to extract said child from bath without doing your…[Read more]

I think the question should be how much will the banks pass on and how long will it take.

Nigel will you be running one in Melbourne?

That’s my point, they do nothing during the day and work in the evenings!

I don’t understand why agents do such long hours? My local agents sit at the cafe next door coffee in one hand and cigarette in the other. If I ever need to contact them I just phone Gloria jeans.

Have you considered opening up your own real estate agency? Psaila Real estate – The name you can trust!

Media reckons they will drop, Can't see it happening. 

The hardest thing i find is dealing with a lazy real estate agent. I should show you the contract of the last IP i bought. The bank manager actually laughed when he saw it. Too lazy to print a new clean copy.

Are you thinking of becoming a buyers agent with all the added features? 

i have to agree with shahin. A little bit of ng is good but at the end of the day you dont go to work to lose money.

Now that’s what i call stubborn!

Haha the agent text you? That’s unprofessional! Why don’t people just call these days?

Hi jewel47, which suburbs in melbourne are you looking to buy in?

christianb wrote:
Jewel,

I wish you all the best with this endeavour.
You have some great advice in there.

I would offer a few points for you to consider:

Establish a budget and respect the budget – if it can't be done within budget, don't do it.

Renovating (I reckon) is fun, but keep the emotion out of it, its essentially a large…[Read more]

PLC wrote:
Good to see the witch doctor worked Joe.

As JacM said, a good PM who is willing to work for you and go that extra mile is worth their fee.

However don't let them rest on their laurels. Last thing you need now is for the PM to think they have done their job and can sit back and relax. Make sure they do their regular inspections…[Read more]

JacM wrote:
Out of interest Joe, what sort of timeslots was the old PM offering to prospective tenants for the standard open for inspection time?  Was it Saturdays, or maybe a silly timeslot on a weekday when nobody can attend anyway, such as Wednesday 3pm when all the prospective tenants are at work?

It was always opened on a Saturday morning…[Read more]

Scott No Mates wrote:

jmsrachel wrote:
My new tenants wont know themselves!

Amnesia or dementia?

They would probably claim one of the two when they fall behind on rent.

JacM wrote:
How did this prospective tenant get your phone number?

Dude 7% or 6% or whatever is standard, and if you work it out, they are getting less than $1k per year to put up with however much effort comes their way.  If your tenant is a hassle with rent payments, your agent will have to converse with them often.  If they are of the…[Read more]

I agree shes worth the $1k. I actually called RACV tonight and told them tenants are moving in Friday so everything has been updated. Also increased the insured amount seeing it has been renovated. I want to protect the expensive Italian porcelain floor tiles! My new tenants wont know themselves!