Good points Derek makes, what is the path to be used for? It will be a PIA if they have to take the mower down that side and it will end up as a bigger maintenance issue compared to concrete but if it is a few steps to the side door only, then not a problem. Also lets you know someone is walking up the side path when they step on the gravel/stones…[Read more]

Home Building Licence Check

This is the link to the NSW OFT Licence Checking Website – for builders, real estate agents, conveyancers

Just like capitalism mattsta. Every system has its flaws and will fall apart one day. Communism is changing (the bods at the top became fat and lazy), socialism (the bods at the top become fat and lazy), Capitalism (everyone in the middle and top become fatter and lazier) and the system may implode unless it is continually propped up  by the…[Read more]

Jamie M wrote:

Don't use one recommended by the real estate agent.

if you are the buyer. Wouldn't use a solicitor that they suggest either (although they are meant to be impartial).

Nothing comes to those who just wait. It is a lot  of hard work getting the listing – you need to be a known quantity in the market (being a part of a franchise helps), known locally ie have been working in an area for a while, links with local community groups to raise your profile, cold calling, door knocks, promotion (adverts), promotion…[Read more]

Get in a car and have a look around the areas of interest, see what your $$ will get you for your price range in each area and compare gross returns.

Probably not tax problems but serviceability problems for your loan – you may have to declare any change in circumstances to your bank/financier.

Consider using a buyer's agent – they can provide a lot of information, organise building/pest inspections etc.

If you had any works done to the house the invoice possibly puts it as the mailing address.

Take your address details out

kylermrice wrote:
Bet it all on the black!  I always do

Depends upon which state you're in

There shouldn't be an issue with the insurer.

As for how you do it, pretty much up to you: you receive full week's rent & purchase gift voucher (you have both income & offsetting expense, no tax payable), rent rebate (no income, no expense, no tax payable)

That puts a totally different spin to the answer(s).

As you are leasing from the owner a part of a building (eg consulting room or whatever), then a lease would be appropriate. It would be up to the owner if they attach a plan to the lease to confirm your leased area (eg front room), my preference would be a properly drawn lease from a solicitor…[Read more]

If you live anywhere near the property (or feel like posting it) go the gift card option – make it clear to the tenant that it is coming from you (not the PM). As for tax implications – call it gifts/rent rebate (in kind) etc.

A rent rebate is always hard to administer and the agent still gets the full commission even if it rent free!!  

I noticed earlier today that Franchising online had an article on Quest hotels. They are going gang busters with over 150 hotels in Australia and another 10 for FY 2012/13.

If you can't make money from investing in the property, take on the franchise (and screw the property investor) – Linky

Firstly, are you the owner of the property? If not, then you will need to seek consent to sublease from the owner. Generally a solicitor will prepare a sublease (a slightly more technical document than a lease as the sub-leasehold must be for a period less than the leasehold). You will need to get lessor consent to install a lock on the door (if…[Read more]

Generally they are builders. Subdivide then let them on site as they are proficient at buidling.

If you feel the need, get a project manager who can then engage town planners, solicitors, surveyors, tender the building works etc and co-ordinate the whole package.

Oh and remember, "past performance is no indication of future performance", or so they say.

jmsrachel wrote:
My new tenants wont know themselves!

Amnesia or dementia?

Check out the CBus super website (industry fund). The amount you pay for insurance will vary depending upon the amount of coverage (number of units) you get.