Forum Replies Created
In one word:
ADVERTISE
Good luck,
Jo
Originally posted by redwing:I once asked an Electrician why they don’t tidy up, as i’ve always found they leave a ‘mess’, he replied honestly…”for the price i charge its cheaper for you if i don’t..”
Gotta love the honesty.
[laugh4][laugh4][laugh4] Yep, well he wins vote!!!!TIP- Try and accumulate Tradies as ‘friends’ [biggrin]
Better still, if single, why not marry one?? – at least there’s more likelihood of them turning up at home!!!! [laugh4][laugh4][laugh4]
Sorry, gotta “let it go” don’t I????
I can’t help it, it’s a sickness!!!! [rolleyes4][rolleyes3][rolleyes5]
Sorry Kay!!![glum2]Jo [upsidedown][tongue]
Originally posted by redwing:
Makes you realise why many people use a ‘solicitor’, whereas here in the West, we’re more inclined to use the REA and Settlement agents.REDWING
Redwing,
Are you saying that people (over in the West) who use REA’s or Settlement agents (aka conveyancers??) aren’t aware of their legal rights???
Cheers,
Jo
Thanks Yack,
I’ll PM you now and get some more detais….sounds very interesting!
Cheers,
Jo
Hi Ozstar,
I totally agree with Ausprop, check with the council first!
But in answer to your “alternative options” question, “just in case” scenario, it may be worthwhile considering…..
Using the equity in your PPOR to refinance a loan for your new PPOR, in the meantime, renting out your old PPOR. And if you sell your old PPOR within 6 years of moving out and renting it, you will be CGT exempt, provided you don’t buy another PPOR in the meantime, but say, opt to rent (at a cheaper rental rate) elsewhere.
OR
As you have already stated, going with your subdivision option, selling off the rear premises, and then your PPOR. Don’t forget there are subdivision, building costs etc that need to be taken into account, and the fact that you will be up for CGT on the rear building when you sell it.
All the best, hope things go well at the council on Monday; keep us posted.
Cheers,
Jo
Originally posted by redwing:Monoply..[angry2]
Has the Tradie turned up yet..??
[worried][worried] Shhhhhhh…….Am I allowed to…….???? [worried][worried]
Nope…..not yet!!!! [laugh4][laugh4][laugh4]
Originally posted by Marc1:I would go A, and offer $210k.
And go B and offer $210k
If you are not embarrassed by your offer, you are offering too much.[blush2]
Yes I read that here somewhere too, and gotta admit, it has become a favourite with me also!!!Did one better Marc, offered NOTHING on both!!!
Went for option C; therefore still looking!!![whistle]Once again, thank you for your pearls of wisdom (albeit borrowed, appreciated nonetheless)!!!!!
Cheers,
Jo
Hi Y,
That depends on a couple of things:
a. If you have taken possession – in which case it’s probably too late, and you’re stuck with the mess and/or the expense of clearing it away.
b. If not settled yet, may be negotiable with vendor, however there is no guarantee of him/her agreeing to this; and legally (they don’t have to; or so I believe). Unless stipulated in the contract as not being “inclusions” the crap left behind becomes YOURS (oh joy!!!!!)[worried]
Look at the bright side; if YOU do have to wear the cost of the skip etc, you can at least make it a tax deduction as a preparatory means in making the property re-leasable to new tenants!!
Cheers,
Jo
Originally posted by wayneL:Speaking of pay rises, I hear plumbers around London are charging 90POUNDS an hour[shocked][shocked][shocked][shocked][shocked][shocked]…..If they happen to show up[blink]…Oh now you’ve got me saying it Monopoly!
Ahhhhhh [blink][blink]…..the plot thickens……[idea]so that’s where they’ve all gone!!!….No wonder they’re not fronting up [vanish][vanish][vanish]!!!!! [laugh4][laugh4][laugh4]
Jo [tongue]
Hi Simon,
Yes I totally agree, and although option B would be great, I know that as 3 bedder with only 1 bathroom it is really NOT suitable for student accommodation, certainly not on a “by room” basis….there’s just (a) not enough rooms, and (b) definitely not enough bathroom facilities!!! [dunny][glum2]
As I mentioned to you, I am not overly concerned with either property, but I think student accommodation is an awesome means of maximising rental capacity provided you can find the right sized property in which to house them [grad][grad][grad]!!
Well done with your venture Simon, and I hope Telstra get their act together and hook you up soon [computer]and in turn escalate the rental potential in your property!! There’ll be absolutely no stopping then hey????? [medieval] [thumbsupanim]
Cheers, [sunny]
Jo
Hi Jeff,
Yes option A is a worthwhile buy, not necessarily because it’s “walk in, sit down” job (what I refer to homes than need ABSOLUTELY nothing done to them) but mainly because of it’s location. HOWEVER, having said that, at the moment I have REAs CONTSTANTLY ringing my phone off the hook with that “perfect home” they are trying to palm off!!!!
I’m kinda feeling like a spoilt kid in a lolly shop right now; havig been given a dollar and told they can buy any lolly they like in the whole store, and I just REFUSE to fight the next kid for ANY PARTICULAR ONE lolly when I know I can get better value elsewhere!!!!
I’m in no hurry, and with the market being in my (the buyer’s) favour right now; I ain’t gonna bust a boiler over it; there’ll be other (and no doubt) better deals around!!!! If I want to go into a bidding war, I’ll attend an Auction [smash]but for now, no thanks….if the other guy wants it badly enough he can have it!!
The whole area is going to see good growth; and it’s a large Melbourne district; lots of places to pick and choose from; I can wait!!!
Thank you for your reply; and yes, you’re right there is some value in option A, but B & C hold good merit at this time too. [blink]
Cheers, [upsidedown]
Jo
Thanks Scott,
Yes, you’re right (but you knew that already, didn’t you????!!!!)
It seems the consensus so far is without question [drummer] B; and I can see why!!Cheers again,
Jo
I dunno, that observation sounds very market experienced to me Gatsby!!! [book]
You made a very valid point, and as with the others, thank you for your post.Cheers, [sunny]
Jo
Originally posted by kay henry:That’s 4 times you have put the message that the trady didn’t turn up, Monopoly- I think we get the picture.
kay henryThanks for that Kay, damn Alzheimer’s!!!!! [laugh4][laugh4][laugh4][laugh4]
BTW….did I mention the tradie never turned up?????Hi Simon,
As we discussed, the rental returns are pretty poor at approx 4.33% and the like, but hey, we can’t have it all at the moment can we???
Guess I will just have to settle for CG once that marina goes in. Nevertheless, it will be (in later months) as a pleasurable (sea)change into the cossie, slapping on of the sunscreen and enjoying the beach whilst waiting patiently for rents to escalate in par with the temperature!!!! [sunny]
Cheers, [winking]
Jo
Thanks Derek,
Again, your response (as is Rob’s) is much appreciated.
No you’re right, rental return is not a major issue for me at the moment; partly because I accept that in the current economic climate, rental yields are not the healthiest (albeit temporarily) and may not be for some time. My major concern is CG and I can say with confidence, as both properties are in the same suburb, this should prove a profitable buy. The area I am referring to is Frankston (Melbourne) and with the green light being given to the new marina, I’d imagine, any purchase within it’s boundaries will prove profitable in the long run.
As for Option A; I couldn’t agree more, “cute” is nice, but I’m not looking for appeal; I have no aversion to rolling up my sleeves, doing a bit of hard yacka and bringing up to scratch (or to the same level; which is not my goal; it is only intended as a “rental” not a showroom exhibition).
Many many thanks to you both. It is always nice to have a “sounding board”!!!
Cheers,
Jo
Thanks M.A. that was something I definitely considered.
Cheers,
Jo
Hi Gail,
Just my 2c worth…
I have used both a solicitor and a conveyancer who is”cheap” (mind you she is a lovely lady, hence this title is really not applicable), and cannot complain with either!!! Albeit she is not as qualified, I have found her services to be of great benefit, and she has even managed to pick up on a few contract discrepancies!!
As with most things I guess, you need to do your homework, and referrals when seeking out such professionals is always a good starting point.
All the best,
Jo
P.S. I too am in (Melb) Victoria, and if you want her details just let me know and I will PM them to you.
Hi Sherry,
It was so freaky seeing your thread, as I was only just last night talking to someone (from this site actually) about the possibility of engaging the services of a buyer’s agent.
I personally have never made use of a buyer’s agent, however I would imagine the BA would be an extremely worthwhile person to have on side, especially if your time is limited and as such you are unable to do the “running around” yourself. Furthermore, as others have stated, it may also prove very cost effetive if the BA can negotiate a better price on your behalf.
I didn’t get a chance to ask the question; however if there is anyone who can clarify for me, I would greatly appreciate knowing…..Are the fees charged by the BA tax deductible if the property purchased is for investment purposes?
Many thanks in anticipation,
Cheers,
Jo
TO ALL / ANY TRADIES OUT THERE
I couldn’t agree more, you deserve to get paid TOP DOLLAR…..I could never do any of the stuff you guys (or girls) do; most of which is dirty (i.e. plumbing) and/or downright dangerous (i.e. electrical)….so you definitely have my PAY RISE vote!!! [strum] HOWEVER……
Turning up when called to a job would be NICE to say the least, but if that isn’t possible, due to unexpected delays at your previous job….(if it’s not asking too much)could you at least have the bloody decency to CALL the next client who is more than likely sitting around waiting, and waiting, and waiting………..!!!!! [glum2]
Pretty pleazzzzzzz ????????[blink]
Jo [juggle]
