http://www.thelandlord.com.au is a great site for those of us who want to manage our own properties. It has documents for all the states I believe. There is a fee but it's worth it compared to some of the useless property managers I've come across. Just make sure you have landlords insurance. I manage the houses that are nearby. Thus I get to do t…[Read more]
And then believe it or not, there are some ghouls out there that love the sound of gruesome murders and such and the chance meeting with ghosts who would love to rent your house. If you're superstitious you could always get a priest to excercise the demons. I say if it's a bargain go for it. milly
The first buy is soooo exciting. and filled with nervousness. I wouldnt be concerned about a one bedder. There are more and more ppl living alone. (I'm quite looking forward to it meself). jump in and have a go. You will learn from the first one. Just keep putting in offers. Outrageous offers. Someone, somewhere is desperate to sell.…[Read more]
I quite like the new format, looking at all the new posts at once BUT where is the SEARCH option. I used that quite a lot. and it gets boring seeing people post the same question every month. The Search option should limit that. Please bring back the search option or show me where it's hidden. thanks
If you go to the centrelink site you'll find just what you will be paid in retirment. Depending On whether you're single or partnered and depending on income and assets your centrelink payments will vary. Certainly $350/wk income will affect youre pension but not altogether. Your assets might be a prob tho if you own an investment prop…[Read more]
actually what Terry is referring to describes what I am doing at the moment. I have say a half doz houses, not necessarily positively geared (some are, some not) . Basically, I live off the capital growth. If I have properties worth 2m, despite mortgages of 1.5m, but if the capital growth is 10%/yr, that gives me $200,000 to cream off the top…[Read more]
I'm in a similar situation, call me gutless but I thinking about telling my tennants that my nephew is going to the area to study at the uni so 'unfortunetly' they will have to vacate the house. good luck.
I totally agree with xenia. a friend loaned me the teh video and basically it is is about the power of positive thinking. But the zealots on the video seem to ttake it to extreme 'believe you will be rich and you will be'. er in my thinking you do have to do something about it. As Xenia says they hollywood hype of the thing will put most…[Read more]
No not inflation, supply and demand. A cheeky friend of mine put up the rent $30. Now he would've been negotiable if the tennant approached him but he also knew that had the tennant moved out he would've got his increase. anyways.
I realise Ipswich is earmarked for great things. It's a gorgeous city but lets face it the weather is crap. I dunno how ppl function outside of aircon. Yes it's a growing city but that is because it has hte land to support the new developments and state govt is releasing land and encouraging development. I'm not convinced the price of hous…[Read more]
Blondie you made me over your commentsabout payments of electricity and gas by the landfolk (I say landfolk cos it sounds wierd calling myself landlord and landlady reminds me of Mrs Roper if anyone is old enough to recall Man about the House) The water situation is certainly going to become interesting when it comes to who pays. As it is…[Read more]
hey Michelle I love your second option but gees wouldnt Today Tonite have a field day describing the big bad wolf er landlord.
I used to have tennants who were often a week or more late with their rent. What they don’t seem to realise is that if the money is not in the account, I get a $30 fine from the bank because I wasn’t able to make…[Read more]
You know what really peeves me Amanda about putting in the smoke detectors? Everytime I go in for an inspection after tennants have left, ,the smoke detectors have had the crap smashed out of them by a broom handle and they all have to be replaced. I understand that few tennants have ladders. And I also understand that that intermitant beep…[Read more]
oh i forgot . I know this great place at caboolture for paint , well it’s a hardware too with great prices.. They import a heap of american paint so it was interesting to discover what a gallon of paint looks like. Anyways they have great prices. I know how to get there just not sure of the name of the business or the name of the street but it…[Read more]
I usta have a totally uninterested solicitor. Often we had to arrange an extention because he wasn’t ready to settle on the due day. Lets face it, solicitors just sign the dotted line, the office plebs do the work. I ended up doing the conveyancing on one house myself to find out just what was involved. I ran around for a day hand delivering the…[Read more]
thanks for the advise. Yes i do believe the flats are teh better deal, just don’t know that I can afford them.
As for houses depreciating while land appreciats, as a general rule I agree but there will always be high demand for beautiful queenslanders with sprawling verandahs and exquisit fretwork. People want to live in them……that is until…[Read more]