Oztorro19 replied to the topic Should we sell or keep all properties? in the forum Help Needed! 14 years, 5 months ago
Can’t really comment about the Irish market however sydneys eastern suburbs is blue chip real estate and should only be sold if absolutely necessary.
As mentioned above, best to talk to some brokers and reputable agents to get a good snap shot of your future endeavors.
A little research goes along way. If done properly, your financial future…[Read more]
Oztorro19 replied to the topic fds in the forum Help Needed! 14 years, 5 months ago
Be carful with tools. If you give the tools to the tenants, the tenants are entitled to have that same tool for the duration of the tenancy. If the tool (s) break, you, the landlord need to repair or replace it.
Just like an over, dishwasher, washing machine etc.
90% of tenants will purchase their own tools. If they are house proud, they will…[Read more]
Oztorro19 replied to the topic fds in the forum Help Needed! 14 years, 5 months ago
Guttering. This is a maintenance issue the landlord will need to address. The tenant is responsible to maintain the grounds however the guttering and what happens to it is beyond the tenants normal responsibility of the property. If your tree is causing the guttering to become littered, this is a situation of which it becomes general maintenance…[Read more]
Oztorro19 replied to the topic Purchased 2 br unit in prime location for 750k in the forum Blackhotel, Coogee is a hard 14 years, 5 months ago
Blackhotel, Coogee is a hard suburb to beat both in capital growth and yield. As local at Coogee and an agent for over 15 years locally, I have seen buyers make millions from your suburb however I have also seen buyers who brought at the peak go broke.
Most of the happy stories however come from blue chip suburbs like Coogee.
Happy investing.
Oztorro19 replied to the topic Interest rate rises and rental income? in the forum Help Needed! 14 years, 5 months ago
Hi Andrew.
Wow, indeed their are some experts on here which have given you some sound advise.
In short, when interest rates declined in 2008, rents did not drop in value, at least not at the same rate that interest rates did.
As a real estate agent for the past 15 years, all of a sudden, owners have been calling my office demanding rent…[Read more]
Oztorro19 replied to the topic Real estate agents playing games? in the forum Help Needed! 14 years, 5 months ago
I have to agree with certain comments. Sight unseen is an absolute no no. Pictures can be manipulated to make a home look completely different from what it is. If you are unable to physically view the property send a friend at the very least.
Furter to this, the agent will, in most cases act for the vendor. Make sure your offer is in writing and…[Read more]
Oztorro19 replied to the topic fds in the forum Help Needed! 14 years, 5 months ago
Hi all. The legislation here is very straight forward and simple. A tenant must maintain the entire property (assuming there is only 1 lease on the home) allowing for fair ware and tear. Outside influences like drought etc can influence the outcome slightly however the condition you give the garden is the condition it needs to be returned in. Be…[Read more]