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  • Profile photo of pleongpleong
    Member
    @pleong
    Join Date: 2003
    Post Count: 5
    July 21, 2004 - 2:33 am

    GreatPig,

    4×2

    1 x lounge
    1 kitchen & dinning
    1 x master
    3 x other rooms (extra)

    each sensor cost $80, the rest is labour

    Profile photo of pleongpleong
    Member
    @pleong
    Join Date: 2003
    Post Count: 5
    July 21, 2004 - 1:38 am

    elinitha_au,

    sorry to hear that your first R.E.Agent dealing is (i beg your pardon) a peerrrick.

    3 alternatives.

    1) Get another agent and do a conjunction.

    2) Rock up at the Vendors house and tell them that you want to buy the house at this price. Tell them that they can do a private sale and thus save RE Commission ~10k. This way the vendors can afford to lower the price.

    3) Walkaway.

    Being a principal, he should know better to bully customers like that.

    2cent worth

    Profile photo of pleongpleong
    Member
    @pleong
    Join Date: 2003
    Post Count: 5
    July 21, 2004 - 12:57 am

    Thankyou for all the feedback.

    Here is my plan.

    Get a Alarm System with M.Sensors in each room ,because if there is a breakin by smashing the windows, the alarm wont trigger unless the burglar enters the rooms i.e bedroom and motion detected.

    If will cost me extra $350 for the M.Sensors. Its not alot but this is my 1st IP.

    I am going to propose to my PM to let my tenant know of the following:

    Tell them that the alarm will cost 1k. I am willing to go halves due to the situation that I am in (wedding) or increase the rent by extra $5 so that I can get a loan to get the rest of the money. Win win.

    If the tenants does not want to contribute, I will have to go for the std alarm with only 3 sensors costing me $700 as my fallback plan.

    Any comments welcome.

    P.S Marisa and other members in Perth, can you PM me recommended Property Accountants beside Patrick Thacther from subi. My accountant is not what I expected him to be. Not sure if this is right. I pay my accountant for him to hand me a tax refund for me to fill. Is that normal?. Its like I am paying him to do my own tax accounts. Maybe my expectations of an accountant is wrong. i.e hand him my group cert and my statements from Ip and he does the rest.

    Profile photo of pleongpleong
    Member
    @pleong
    Join Date: 2003
    Post Count: 5
    June 20, 2003 - 6:46 am

    Just got the book this afternoon, will download the software now.

    thanks banner

    i was expecting more replies but i guess i am asking the wrong questions.

    Peter

    quote:

    If you buy Margaret Lomas book – How to Create an Income for Life – it tells you how to download a tool for calculating whether a property is postiive cash flow.

    Hope this helps.

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