renel replied to the topic Redrawing from Investment Property Loan in the forum Help Needed! 11 years, 2 months ago
This article explains it
http://www.smh.com.au/articles/2004/08/13/1092340458713.htmlrenel replied to the topic Delayed settlement in the forum Help Needed! 12 years ago
Yes Im in WA
BTW – settled today. All went smoothly.
renel replied to the topic Delayed settlement in the forum Help Needed! 12 years ago
My settlement agent is reffered to as the conveyancer
renel replied to the topic Delayed settlement in the forum Help Needed! 12 years ago
This is the 3rd property we've bought (but first IP) and no one has ever mentioned we needed a lawyer. At waht stage do you hire one? What is their role?
The invoice is for the remainder of the 10% deposit (minus what we paid when the offer was accepted), plus rates/water adjustment, plus settlement agent fees (inc title search and reg…[Read more]
renel replied to the topic Delayed settlement in the forum Help Needed! 12 years ago
Thanks. I dont know of any lawyers involved in this. I have told the settlement agent that the money is likely to be delayed.
The vendor delayed settlement first, so I take that as a sign that they wont charge us interest. Hopefully.Do I have any recourse because I wasnt given much time to pay? Or am I clutching at straws?
renel replied to the topic Reference checks in the forum Help Needed! 12 years, 1 month ago
Brilliant, just want I was after!
renel replied to the topic Know how to remove the smell of a smoker? in the forum Help Needed! 12 years, 1 month ago
Ok so the general consensus is that you can specify 'no smoking inside'? That would mean that if walk in and the place smelt like an ashtray it would be an evictable offense?
renel replied to the topic Finding a tenant for a House- Fee for Service Basis in the forum Help Needed! 12 years, 1 month ago
I put an ad on gumtree and had 12 responses in a couple hours. Its been a day now and its 20+!
renel replied to the topic Renovating Workshops in Perth in the forum Value Adding 12 years, 1 month ago
Yeah I saw the cost of the Cherie B ones and passed. I think the $900 is just one installment!
I looked up youtube and got distracted learning how to reupholster chairs. Just bought a staple gun and sander from Bunnings. Dont have any chairs yet.
renel replied to the topic Cash Reserves in the forum Finance 12 years, 1 month ago
Ok so $10k on hand is ok then. Cheers everyone
renel replied to the topic Can utility company make the landlord responsible for tenant’s outstanding bills? in the forum Help Needed! 12 years, 2 months ago
I moved out of a shared rental when i was younger. I had the electricity bill in my name. I moved out and just before I called the electricity company to say I was but my house mate was staying. They said she had one month to call them and put it in her name otherwise it would be disconnected.
Over 12 months later I got a letter from a debt…[Read more]renel replied to the topic Claim renovating tools in the forum Value Adding 12 years, 3 months ago
ShellT – i think you might have posted in the wrong thread! oops!
renel replied to the topic Claim renovating tools in the forum Value Adding 12 years, 3 months ago
good tip thanks
renel replied to the topic knowledge in the forum Help Needed! 12 years, 3 months ago
It is a listing all of the potential costs that I am looking for
renel replied to the topic knowledge in the forum Help Needed! 12 years, 3 months ago
Has anyone come accross a resource that can help you work out the cost / profit potential of a job?
renel replied to the topic Can’t seem to crack first IP…maybe call in the pro’s? in the forum We have been to lots of 12 years, 3 months ago
We have been to lots of properties, even tried to buy 2 (1 the offer was not excepted, the other had a minefield of problems when we read the strata agm). What I asking is do BA have access to other research info that I cant access?
renel replied to the topic Can’t seem to crack first IP…maybe call in the pro’s? in the forum Help Needed! 12 years, 3 months ago
What can a BA do that I can't?Obviously I can find whatever informaton google has. I look at median rental and purchase prices on REWIA, i have have foudn a site that shows older listings (from domain only) to give an indiaction of time on the market and previous list prices, I also have an extensive excel sheet…….what am I missing…?
renel replied to the topic Can’t seem to crack first IP…maybe call in the pro’s? in the forum Help Needed! 12 years, 3 months ago
Actually yes Richard they do have in house finance……that is what i was primarily using them for…..hmmm
renel replied to the topic Spare cash for spare rooms in the forum Creative Investing 12 years, 3 months ago
A bit off track – We are just getting our spare room ready to become hosts to students and asylum seekers. Each placement is for 4 to 6 weeks. Its not renting out the room as such, more of a boarding situation. The money you receive is to cover the extra bills etc, so its not a profit making thing. I keep seeing on tv all the people living in…[Read more]
renel replied to the topic Can’t seem to crack first IP…maybe call in the pro’s? in the forum Help Needed! 12 years, 3 months ago
True. I guess my first problem is I have 2 sets of criteria based on 2 sets of advice! First is buy with in 10K of city (my budget means 1 or 2 bed aprtment under 60sqm). The other is to own land land land (house), meaning further out. I have been mainly focusing on the first one as my mindsest is that as the population grows, the 10k radius of…[Read more]
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