Generally, I’d say it was very low on an investor’s list. If it is going to cost more & return less/same is it worth it? It doesn’t generate extra rent, may save the tenant some running costs etc…….

Saw one house sell recently for $200k less than asking, Did buyers care about the roof panels, solar hws, water filtering systems, eco design,…[Read more]

The EAC contract has a provision for termination upon 7 days written notice from either party.

Too many properties have ‘wild guesses’ even if they have sold recently.

Write it off, you have ‘contributed’ or given these to the authority & you take the hit.

As a vendor, I’d be telling you where to get off. You’ve offered 75% of the asking price, you want a val @ 33% more than you are offering…..

A val is generally what a willing buyer & willing seller will agree in the absence of influences etc – a valuer will not then give you an inflated figure or risk their PI insurance – what if the next buyer…[Read more]

Fire sale?

There will be several factors weighing in on this trend as to whether it is sustainable:

a) migration – are the workers immigrating with families, dipping a toe in the water or are they fly in fly out?

b) are the jobs temporary or permanent?

c) is it having a knock-on effect to more distant areas?

d) is supply going to keep up with…[Read more]

I would probably look at using an intermediary for one of the two sites – focus on the rented house, work on the agent that there seems to be alot of work to be done etc (good buying signs but also bargaining points).When you have both contracts, check if it is the same ownership or just luck/timing. If it is the same ownership then you could show…[Read more]

Loosely worded conjunction agreement preventing the c/o agent advertising under their own name?

Ben,

How many? Time frame? Pre-construction commencement? Delivery time frame? Price range?

You will need to ensure that there are no related party transactions ie smsf cannot sell to you or family etc (unless it is commercial property) ie must be an arm’s length transaction.

Development work is also pretty much ruled out as well – you may need specialist advice.

Or buy some shares, much easier to ranger trade to make a cg. & profit.

Checking one of the uk websites which sell them, they don’t look cheap.

there was some topic a while ago which mentioned oten or TAFE Qld running one from their property faculty. Other independent sources might include local evening colleges.

Unless they comply with Aust/NZ Standards they will not be able to be imported.

Saving cents makes little sense. Many people see advice as a cost & of little value but when it comes to asset sales of hundreds of thousands $, a couple of grand is chicken feed, esp if it could have sat in a low tax environment eg super. Crunch the numbers, even with 15% tax rate.

jayhinrichs wrote:
I think the moderators frown on posting one's web site.

Only if you’re not contributing ie just putting up senseless cr@p.

Land tax exemption differs from stamp duty. Check the osr website if there are any exemptions.

‘Handed over’ – you no longer own them or are responsible for their upkeep.

Opportunistic? Ambit claim?

You/your agent aren’t even on the invoice, how do they expect to tie liability to you?

Gets you off to a really good start with the tenant.