Hi Sandyman,

What is the trend for the population in the town you are looking at. HAs it been stable and likely to stay that way? I’d only be concerend if it’s declining and can no reason why it would change. But if it’s not declining then go for it.

When you say your figures are +Ve geared, have you allowed for the fact that if you are…[Read more]

grega,

Is everything you listed in your intial post in the ad ie: the situation, what it’s near etc. It mgiht make a long ad and it might cost more but it also might get poeple in the door. Might be worth trying for one week anyway.

Secondly, is it in the Homebuyer magazine? I couldn’t see anything in those areas when I flipped through taht…[Read more]

COntact your land tax office (whoever tha is in Victoria) as all states are differnt ie: different rates, different cutoff points etc. Also,a s you intend to live in part of it, you may be exempt for that half.

As for the amount of land tax, it also depends upon what other land you hold as to the final assessment, so it’s really osmething you…[Read more]

I thought they were supposed to show all offers, well in WA anyway, don’t know about anywhere else. But then I think our system is different, some states seem to do things verbally until an offer is agreed and then it’s put in writing, wheras over here we start with a Offer and Acceptance form, so you write it up and then it’s presented to the…[Read more]

Hi Jenny1,

Stick with it. Every home loan we’ve done has some kind of “glitch” in it. Most are annoying little things, but it’s such a regular occurence now that it just seems a normal part of property investing!

Hang in there.
PK

jhopper, I did not take anything you said personally, it was your opinion , just as my comment was my opinion. Glad to see some onthers have now added comment as well. Flight paths was an interesting comment. I attend a craft class on a Thursday evening in South Guildford and the planes there sound like they are just over head and well, I’m…[Read more]

Thanks all.

We had movement on the IP last night. The lady rang at 7pm and asked where she could pick up the keys, as she wanted to move in there and then.

So arranged that side of things.

Appears only the lady and kids moving in, so perhaps “Just Learning” was ont he right track when he mentioned relationships issues, splits etc.

Both names…[Read more]

Kelly,

Ring the council, I think you’ll find they’ll say something like, “There are no guarantees, but it’s most likely that leases will be renewed” or that’s soething like the answer I got. I assume you’re looking at West End (Point Moore).

I decided got to go with it as I didn’t want to pay off the house and never own the land it was on, what…[Read more]

I lived in the same block of units as him, his wife and my fiance’, this also happened to be the very first property I ever purchased.

No, we didn’t have an affair, but when the other relationships were over, we then started seeing each other.

Oh, and we sold that first property for a loss after getting married! Many lessons learnt and so far,…[Read more]

Thanks thecrest,

OK, references with their current agent were fine. When checking the reference I didn’t ask waht date they were leaving, it’s not normally needed.

Also had the Landlords Advisory Service run a check on them through the National Tenancy Database, this check was also clear.

Will trun off the electricity switchin the meter box…[Read more]

OK, I know they haven’t moved in and therefore not growing dope because…. “they haven’t picked up the keys!”

The neighbour is doing a good job making the place looked lived in ie: lawns watered and junk mail out of mailbox. (Costs a carton every now and then). Point is, this is their repsonsibility as part of the lease really and they could…[Read more]

T access your equity, you eithr take a loan out on another property for the full value (and costs if need be) and the new porperty as well as the one you currently have are listed as the security, therefore using the equity you have in the current home to cover this home.

Of you could take out a credit line on this home for the deposit and fees…[Read more]

Yes, I thought the title meant the tenant was killing the trees too, interesting play on words really.

Anyway, glad no-one was hurt, I guess tenant was a bit shocked too.

If you ever find o ut form your insurance what they would or wouldn’t have covered, please let us know.

PK

I agree with your ideas, I’d also add Manjimup.

PK

Well, I haven’t done lots either, but if the places had a fireplace I actually painted this as the feature. I figured if it was too hard to take out, I may as well make it stand out. So instead of a feature wall, I had the walls of the fireplaces as the feature colour. Came up a treat.

Regards
PK

yep, that was it, hope you didn’t blink.

Was a few other things I remember about growing up there:
a) Bush, snakes…..as a kid it was exicitng to walk through the bush, but I guess that may be goin if the area is developing.
b) Hot – the sea breeze seemed to float over it to the hills
c) Safe – everyone knew everyone. That’s probably changed…[Read more]

Yep same ones missing here and our stores out of cards too!

PK

Well, well, well, Byford. This is where I grew up as a kid and back then it was definitely never heard of!

Expansion of the train line is interesting. The train line already goes through there and the train used to actually stop there. Somewhere along the way, the train stopped stopping there and only went as far as Armadale instead. I think…[Read more]

Well, I have 2 properties managed and 2 properties I manage myself.

As for the middle of the night calls, I have yet to receive one. Most tenants are asleep in the middle of the night and only come across the problem (whatever it may be) when they wake up in the morning, hence I get phone calls during the day.

Of the 2 that are managed, I chose…[Read more]

Hi Susieq,

As no one is answering I’ll give it a shot. I odn’t know much about Forrestfield so cna’t comment there, however, Midvale adjoins Midland and blocks in may parts have been rezoned to allow development on the back. Having looked in every real estate window in Midland this week, there wasn’t a lot of properties for rent in Midland or…[Read more]