I always get contents insurance too for the carpets and curtains. Usually through the same company as the loss of rent insurance, cheaper that way. Rentcover above, does both if you request it and at reasonable prices. CommInsure (part of Commonwealth Bank) also do it and you can get quotes online as well (as long as your building doesn’t have…[Read more]

Why are so many students illiterate? Perhaps parents need to take their share of the blame here. I see a young chap at my son’s school who is clearly struggling, however, despite the teachers advising that the chap needs additional help ie: the teacher would provide the exercies required. The parent is not intereted…. it’s too hard and not…[Read more]

Check with Mini, I think I remember reading a thread once that she has bought properties unseen and protects herself by getting all the checks done ie: structural, termite etc. Perhaps read some of her previous posts and see if you can find any info on it.

PK

Fortune Favours the Bold.

Lawrence,

Just one thing…have you checked that the population is actually static? Many of the small towns are slowly decreasing. Others like yourself have also left some of the small towns.

PK

Fortune Favours the Bold.

Hi Yack,

Can’t see why I can’t have both if I’m paying for the ad! Seems to be drama…perhaps they underquoted on the cost of the ad’s, it’s the only thing I can think of. However, I think I might just check out the description at the desk though too…thanks for the tip.

PK

Fortune Favours the Bold.

Well Yack, I’m with you on this one, you have to manage the PM’s and then I wonder why I’m not just managing the property myself. (Distance is the reason, the one that is close enough I do manage myself, without problems).

My biggest problem has been getting the PM’s to actually put the ad’s in the paper, you’d think they were paying for the ad’s…[Read more]

umm…if it takes 3 years to sell a property, exactly how long will it take to get a tenant?

Fortune Favours the Bold.

The salary rates quoted are interesting and perhaps different between the states. Salaries aren’t as high for independent school teachers in WA, they range between $28,455 and $45,157. Once you reach the highest level, well that’s it, regardless of age!

Westan is right, many teacher’s work right through the holidays and if you ever read a…[Read more]

I had the same problem when trying to view it. I’ve emailed TT, perhaps if we all email them (they have a “contact section” on theri home page then perhaps they’ll fix the problem so we can all see it.

PK

Fortune Favours the Bold.

Anyone know if this is going to be shown in WA?

I’ve tried visiting the Today Tonight website and couldn’t find anything on the show show in the Eastern States last night either. If it’s there, could someone post the link.

Thanks
PK

Fortune Favours the Bold.

Well, I think the states of Australia are different again. Nothing unusal for agents in WA to share a commission if one has the house for sale and the other brings through the buyer. I prefer to look at the house with an agent who is not the seller as then they are more impartial, especially if they know you’re going to buy something that they…[Read more]

Thanks for sharing Westan, it’s postive reinforcement that we are heading the right direction (slowly).

Westan, like your idea of being able to spend more time with the kids (I spend time at the school and after school activities etc but hubby never gets a chance) and fully agree that you need something else to do once you do finish work. That’s…[Read more]

Well, I have two goals, the first is to have enough passive income so that my husband could leave the job he’s currently doing (12 hours a day, 5.5 days a week, at a job he no longer likes that starts at 4am every day) and work either part-time or somewhere with lesser or more normal hours.

My second goal is to have enough passive income that he…[Read more]

Brendon’s point is one of the most important in our experience, that’s make sure the valuation is assigned to the bank. You do have to use one they have on their panel but if you forget to have it assigned then they still won’t use it.

Regards
PK

Fortune Favours the Bold.

Thanks Redwing.

Yes you are correct.

Fortune Favours the Bold.

Yep, have one due to settle in 2 weeks and considering a second one.

Fortune Favours the Bold.

28/ Don’t give the bank more security than what they need. No point losing more than you have to if things do go wrong.

Fortune Favours the Bold.

The states are different again by the sounds of it…

Is the WA the only state where every RE agent has written “Offer and Acceptance” forms that you fill in? Do any other states do this? Just asking for interest sakes in case we ever venture interstate for IP’s.

PK

Fortune Favours the Bold.

Even with the WA deposit system, it is not necessary to pay it at the time of writing up the offer, ususally you pay it within 7 days of acceptance of the offer. I gather from the initial enquiry they were asking you to pay up front before they’d even show the offer to the vendor?

As for 10% being the norm in WA, well, I’ve never paid 10% as the…[Read more]

Hi Yack,

We do similar, except we don’t already have an agent managing the property, the property that is in my husbands name I manage so that’s why he pays me to do so. This property is also close enough for me to do the management of it. However, I do have an ABN (not GST registered though) and I do write him an invoice for the…[Read more]