Just because you have an offer on the table with a minimal deposit doesn't mean that you need to accept the terms of the offer – your counter offer will reiterate that the deposit must be %, price $Y, settlement can be Z days (throw them a bone).

Interesting that commission is payable upon the sale going unconditional – is this the agent's form…[Read more]

In some LGAs, the land is valued so low that the rates will be higher than the land value.

What is the motivation? ie do you have an expectation of a capital gain or rental return?

How large a block do you intend? You will have to maintain the block (even if vacant) eg slashing, weed control, fencing, erosion control etc.

In some circumstances, the annual rates will exceed the purchase price.

Generally 2 options: sewer encasement (excavate & surround in concrete) or pier and beam around the sewer (bore concrete piers to a level below the sewer & support the new structure on the piers).

Have the wall vents been infilled/covered over (these are the ones at ceiling level)? Try a dehumidifier.

You should also seek advice from your accountant to advise on structure as well.

Save the pictures to the web eg: google my drive. Then use the picture logo to upload on your response.

It’s not Liverpool, Bankstown or Punchbowl. The suburb has a station etc.

Does it have a reputation that you have heard about?

Bump – only a few days to register.

You have to refer back to your original lease and inspection reports (no point downloading a lease which the tenant hasn't signed). Your rights are limited to deducting the cost of making good the damage. The next tenant will probably do exactly the same thing if you remove the hooks.

Jamie, it has been years since you had to buy leases from the…[Read more]

The Office of Fair Trading Licence Check  shows that he has a clean licence ie no claims resolved/unresolved. As a developer/owner he is not required to hold a real estate licence.

Which state?

Thanks Tez, I'm not just a pair of freaky eyes…

You might have a bit more luck with one who is located closer to the NSW/Vic border – say someone in Albury/Wodonga region.

Geez, a $5k cap would barely touch the sides on some properties around my way which run at over $2k/wk.

I would be very wary of any SMSF advisor recommending purchasing in a single building for all of their investors – this is not advice tailored to your situation but an investment providing sales to the developer. Sure they may be recommending a structure of a unit trust (and using your super) etc but what differentiates these guys from…[Read more]

Seven shops will also be classdd as a shopping center under the retail leases act so you’ll need to be aware of any restrictions which then apply as the lessor.

Could be anything from a major repair or replacement to a flashing having broken down or moved. Has a roof plumber been called?

Hard to judge without knowing more.

No Jamie, I’m based in Sydney

Have someone else put in a very similar offer (on your behalf), see if it flies.