Thanks for your advice. Can you please tell me who can give the valuation? Can it be a real estate agent, or does it have to be someone from the tax office?

Many thanks. Very useful information and advice.

Thanks for all your suggestions.I'm just wondering how the 'hand over' will occur. Should I just turn up at the property and advise the current tenant that, as the owner, I will be taking over the property management, and give my contact details along with new bank account details.What is the usual procedure here? I guess I should also get my…[Read more]

Thanks for your answers. I'm currently writing an email to my PM advising them that I wish to terminate the contract (I imagine that is sufficient for 'in writing'?)Yes, there is a 28 notice period, so good thing I checked.Thanks again.

Buy some vinyl tiles and install yourself.You can buy them at places like bunnings for $1.22 for 30cmx30cm title. They are self adhesive (you peel off the paper backing) and are very easy to install.This is exactly what we did for our apartment, which we are planning on renting out soon.

My parter and I are in the same boat, currently purchasing a house to live after being owner occupiers of an apartment for two years. (see my previous post).I believe the tax benefits will depend on your income, the amount of interest paying on the investment, costs associated (eg strata fees, maintenance), but I would also like to hear advice…[Read more]

The block of units are located in Perth. There is only 1 lift and the building consists of 7 floors.

Thanks for all your comments, we won't be going near any HV lines.