Thanks for the tips Robo,

Great to hear you did it in a relatively short time. I will definitely pursue this further, but am a little bemused as to why it hasn’t already been done. perhaps someone has already tried, but unsuccessfully,

Thks again,

mccoz

Hi Ron,

I have faced a similar situation from husband, when I embarked on this journey earlier this year. It wasn’t until I picked up my first property (renovation property), and showed him around it, talked him through the plan, and the numbers that he started showing some excitement, and support. 8 months on, he’s keen to listen, but happy for…[Read more]

Hi all,

I also agree that Buyers advocates can be a useful as part of a strategy for property investing. However, people need to be aware that having a BA doesn’t mean that the research is done for you. I believe you still need to carrry out your own due diligence. For example, I am on a few agents’ databases. One property came up recently on one…[Read more]

Thks powmow,

It wasn’t great science really. In hindsight, I just needed to realise the view from the Vendor’s side.

I had realised that I was letting the agent control the process and from their experience, they kept focusing on the importance of a licencing agreement to protect the Vendor, which sounded all too hard from the Vendor’s point of…[Read more]

Thks powmow,

It wasn’t great science really. In hindsight, I just needed to realise the view from the Vendor’s side.

I had realised that I was letting the agent control the process and from their experience, they kept focusing on the importance of a licencing agreement to protect the Vendor, which sounded all too hard from the Vendor’s point of…[Read more]

Hi guys,

Some progress on this property. Following advice from Steve’s PPP workshop and some of the replies above, I realised I needed to be in more control of this negotiation.

Have since got back to the agents and have managed to negotiate access without the rigmorole of the licencing agreement. The Vendor is happy, so am I,[biggrin] a win/win…[Read more]

Thanks myoung,

I hoped to do the same too, ie without a licencing agreement.
Despite assuring i would 1) only carry out minor renovations, and 2) insurance would be taken out by me, they are still nervous. Doesn’t help as the estate agent in question is strongly advising the vendor to have one drawn up. Regardless.

never mind, just means more…[Read more]

Thks images30260

Yes I would really appreciate if you could you fax me a copy. 03 9885 8909.

My offer for this property is still under review with a keen buyer waiting patiently behind me. (My bid was just $401 above his….

The vendor is quite nervous about access prior to settlement despite them being minor cosmetic changes. I was going to…[Read more]

Thanks for the tip Rick,

I can see now that they need some assurance (understandably as I haven’t communicated what renovations will occur).

Thanks again,

mccoz

Thanks for the reply hmackay,

Based on my research, I believe it’s reasonable to request 9 to 10 month contracts for students to take them from end of January to end of November. Hence they will not be subject to summer holidays, unless they want to stay for another year.

Does this sound reasonable to people?

meecheec