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  • Profile photo of maree_bradrossmaree_bradross
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    @maree_bradross
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    Hey businessglobal – sounds like you and me had the same tenant :)

    Profile photo of maree_bradrossmaree_bradross
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    @maree_bradross
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    No-one will be cheaper than yourself :)

    Profile photo of maree_bradrossmaree_bradross
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    It is hard not to be business like in this situation but you are potentially loosing up to $100 a week with your rental charges. Also if you want to buy more property then the bank is only going to take into account what your receiving. I would gradually do the the upgrades and adjust the rent accordingly.

    Profile photo of maree_bradrossmaree_bradross
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    thanks Duckster, we have used them for work previously on that house and were very disappointed with the standard of work

    Profile photo of maree_bradrossmaree_bradross
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    Ours went pear shaped just before xmas – we did an inspection and the house was a party house. Gave them 120 days to vacate for no specified reason – this is when the barrage of abuse started and the rent stopped, sent breaches for rent etc. Australia Day neighbours reported the front window was smashed – sent an immediate notice to vacate the next day, they had to be out by the following Tuesday.

    I called to ask her what time we could get possession on the Monday as the neighbours told me they had started moving out and the agent we have listed the house with said they had been in the office wanting to look at listings. She said they were still deciding if they would make us take them to court to give their side of the story. Basically I said it was a matter of time until they got evicted, I offered to drop the rent they owed, they asked for a couple more days to move out and we struck a deal.

    The property is 3hours away from consumer affairs, maybe that is why I am obiligated to store the stuff as they couldn't view it?

    Profile photo of maree_bradrossmaree_bradross
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    that is curious – although have had the "items" (read junk) in storage for 7 weeks now. I was of the understanding it was from the day we got the keys/access

    Profile photo of maree_bradrossmaree_bradross
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    that's interesting Consumer Affairs advised me we were required to keep the items for 60 days? We are in Victoria – might be different state to state??

    Profile photo of maree_bradrossmaree_bradross
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    oh Blackjack I only too well understand the anguish you have gone through.
    We just extracted ourselves from a similiar story. Unfortunately as the tenant never paid bond (long story) our insurance was nul and void. Massive clean up and rubbish removal, holes in walls, broken windows and internal doors. Locks replaced, we have to store items left behind for 60 days (grrrrr don't get me started!!). Terrorised neighbours.
    We have had no rent since xmas and have found it hard going as we just purchased a property and sunk all money into fixing it up – very bad timing.
    In the end I negotiated with the tenant to drop the rent owing to get the house back – we could have requested an emergency VCAT hearing with security and the local police said they would execute the order of possession within 15mins. But this could have taken another plus week. If the court ordered for them to pay costs they would probably only repay at $10 a month. I still think we were very lucky in the end.
    Our accountant has just put in tax variation forms for our salary tax to be dropped – wish I had of thought of this earlier on in the piece, we have always claimed at the eof the fy – which is going to help significantly

    Profile photo of maree_bradrossmaree_bradross
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    I think your lucky they asked for permission – a lot of tenants have cats and just hide them at relatives on inspection day.

    They sound like good tenants and if you have done your 6 month inspection and are happy with them then shouldn't be a problem, especially with floorboards.

    The only other requirement I can think of is the cats registration number with the council and insist it be speyed.

    Profile photo of maree_bradrossmaree_bradross
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    did it end up getting rented? nothing is showing up on the link

    Profile photo of maree_bradrossmaree_bradross
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    No worries – will copy tomorrow and pop in the post, it is a magazine style format and probably to large to scan and email. Cheers

    Profile photo of maree_bradrossmaree_bradross
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    There was a fantastic magazine report in the age the other weekend comprehensively reviewing Melbourne suburbs. Did you see it? If not can photocopy and send to you if you like. Might help with your research? Maree

    Profile photo of maree_bradrossmaree_bradross
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    Sorry I don't understand you say it has been vacant for 5 months and advertised for the last 3 weeks?

    Profile photo of maree_bradrossmaree_bradross
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    I just did dot points and the agent put them into the contract. ie. subject to finance and pest/building inspection, settlement period. We also asked for unrestricted access if the property becomes vacant prior to settlement. Gives you a chance to do some painting, polish boards/replace carpet etc (make sure the settlement is going to go through though)

    Profile photo of maree_bradrossmaree_bradross
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    There was a fantastic lift out magazine in the Sunday Age the other week that comprehensively reviewed all Melbourne suburbs. If you like I could photocopy it for you and post to you?
    BTW Melbourne's predicted population growth is huge.
    Regards, Maree

    Profile photo of maree_bradrossmaree_bradross
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    Is everything still original? We have a 60+ year old house and it was certainly worth our while to get one done. We used Catalyst

    Profile photo of maree_bradrossmaree_bradross
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    my IP is a 1948 cottage and it certainly is worth my while to claim depreciation

    Profile photo of maree_bradrossmaree_bradross
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    As long as the tenant puts the bin on the kerbside and brings it inside in a timely manner (ie – not leave it on the kerbside for days on end), then I do not think the tenant should replace it. If they did they could reasonably expect them to take it with them when they leave. Body corporate/you need to investigate providing a secure area for them to be stored in. Plus you could claim it as a expense.

    Our bin got set on fire by youths (there was a spate of them). Almost burnt the whole house down. We had to pay to replace it despite a police report.

    Profile photo of maree_bradrossmaree_bradross
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    I am noooooooo expert, but if you reduced your loan to interest only, claimed your depreciation it would be worth while to hold imho

    Profile photo of maree_bradrossmaree_bradross
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    do you claim depreciation?

Viewing 20 posts - 141 through 160 (of 375 total)