Hi SNM
u pm ‘d once. How do I pm Kylie for some more advice?

Hi Kylie,
I would like to PM you for some more info and tips, but I cant see how to PM on this site???
Anyone can jump in here – how do I PM?

thanks
K/

Hi Kylie,
Thanks for your advice.

I have now engaged HouseMovers from Wisemans Ferry.
Has anyone had any dealings with them?
So far I have been convinced they know their stuff.

I am quite apprehensive about this little “adventure”.
I have heard about people who have done this and it seemed to go OK..

But of course there are disaster stories for…[Read more]

Hi
I used the Sydney mob. (Pymble)
Paid the $500-ish for the financial assessment.
It took 2 hours and the guy was very personable, but I got nothing out of it.
Also you have to fill out forms so they know everything about you before you go, but of course in my case the guy I was supposed to see was replaced at the last moment with someone else…[Read more]

To the sound of raucous laughter – guess what has
miraculously
mysteriously
materialised in my mailbox?????????????
You’ll never guess,

or you might….

a whole brick-pit of Trust Deeds and documents.

No cover note,
No explanation.

No apology (LOL!!!)

anyway,
thanks to all,

Lesson-Learned_Move_On Time.

Hi, I am based in NSW,
But they are in Qld.
They came so highly recommended, and I had so little luck finding anyone in NSW**** who knew anything about SMSF buying property – and establishing Trusts and Tax effectiveness that I actually flew up for the day in November to see this woman and her “team”.
By god I would seriously love to name her…[Read more]

In the spirit of being helpful: Avoid LJHooker at Epping, (Sydney).
A few months back I would have enjoyed writing a long tale-of-woe about my experience with this crew.
But I second and third the gripes people’s posts here document.

I was actually told “Do you know how many properties we have to manage: We cant possibly check on all of…[Read more]

Thanks Terry,

oh and an even bigger thank you for not suggesting I google…

Hi Tuggerwaugh,

Cant offer anything but “me too” with regard to aggravation with Property Managers.
2009 has been a comedy of errors from the clowns I have at the moment.
One tenant vacated Dec 22 and I took the opportunity to inspect the property and interview a new agent while the existing agent was hovering.
Made no difference – the existing…[Read more]

Nouriel Roubini – Professor of Economics at Yale has ALWAYS said it will be a “W” recovery.
He is no bandwagon rider – he has been at the forefront of the predictions since I have been reading his blog since 2005.

In Q1 Q2 2007 the NYTimes lampooned him as a “Dr Doom” has he was predicting a dramatic downturn for 2007. He was describing the US…[Read more]

What seminar?
when?
Where?

Sunday – Sydney (Where) (time)?

If you catch me in the next 15mins Ii might be a goer

Thanks Shane NP and TerryW.
Will follow the links you have offered.

Much appreciated.

K

Anyone with 2c worth to add to this??

Anyone with a SMSF Trust Deed? What’s good – what is a must have?

any peals of wisdom from those further along the path?

Would much appreciate some comments

Hi,
I am in Sydney.

Ouch.
Reading this last post – I found it unkind, unhelpful, and … unnecessary.

businessglobal…. I was sympathetic to read about your unfortunate circumstances and understand why you are more cautious now.

Hi thecrest,

Yes – I myself discovered the damage when I went along for a property inspection just this month.
I had been living out of Syd for a couple of years and had not been inside the property for about 5 years – but paying handsomely for PM.
(I am a “platinum” level landlord, so pay top $$$ in anticipation of top level service !!)…[Read more]

Hi SNM,

Thanks for these list of questions. I will cut and past and email them to my Managing Agent right now!!.
These agents have placed the tenants. I have had these agents about 5-7 years now.

I am in NSW northwest Sydney area

Say it was the tenantsbefore this lot that damaged the balcony – their bond presumably has been refunded, so the…[Read more]

Hi SNM,

Without blowing a fuse here – the agent is uncertain if it was this or the previous tenants who did the damage.
(What???????)
I know I know I know about changing agents. Thing is – these are the agents AFTER I changed agents previously.
They are on notice and they now have themselves a great property manager who is working hard now to…[Read more]

Thanks Duckster

Appreciate the heads up.

I’d like to come in here and get some clarity, if I can.

I have a $200k loan against my IP. I have $50k IO fixed and $150k variable offset.
I believe I am personally responsible for interest rates going to 9% in 08 – this coincided precisely with me stretched to the max.
I have been throwing money at the loan to get it paid right down. I like a…[Read more]