The property is residential? Ask your accountant (quickly deregister for gst & plead ignorance)

Whether you are an (sales) agent or a property manager, the licensing requirements are exactly the same.

Went to a property conference recently, one of the cases was a compulsory acquisition with parties in a joint submission. Judge heard the case as a single item but made seven different judgements (one for each owner).

Generally, I have found that if a client has been willing to provide  a reference, I will check with them if it is ok for a prospect to contact them to verify the service. Why would there be a privacy issue. (If you could trust an agent to provide only the best of references, all legit too.)

What specialisation ie: retail, industrial, office?

Check out the api.org.au website

ten_burner wrote:
I use a combination of my own labour and tradies,, tiles for the tiler etc) I find this saves a lot of money.

Providing of course that you can buy just as competitively as the subbie. If you're buying from Bunnings you're probably paying over the odds.

suavemechanic wrote:

any idea what property managers get paid ?

About $45k if they work with resi. No wonder they get disillusioned.

By all means, follow up with Fair Trading. The agent is obliged to account for all monies received and paid to the owner. 

I am a little lost as to why the rent was in arrears – is it the current tenant or from a previous tenancy?

There is no relationship between yourself and the current tenant, you do not have their contact details and nor can…[Read more]

Not sure about the RCD but in NSW (at least) the smokey is an essential (it is nominated in the contract of sale) – so confirm with your solicitor.

If it has now been registered on title, then you will have to honour it. Have the trees grown over 3m?

Plenty of examples can be found with roadways/railway reservations which haven't been transferred between different levels of government.

The thing to watch with the inlaws' house is that there may be a land tax liability which arises on it as it is not your partner's PPOR.

Henry Adams wrote:
Hi All,

Does anyone here know or have the list of Property Spruikers in Australia or Sydney in general ?

Cheers,

H

Basically anyone who invites you to a free seminar on PI, +ve CF, buying property in super etc and then having a list of properties to choose from or roping you in to buying some expensive mentoring/education course.

a) does it contravene your by-laws for the block of units?
b) do you need to get council approval? Plenty of areas require specific approval to stop houses being leased out for parties/holidaymakers etc.

Wilko, that theory doesn't take into account what the property may owe the owner eg: have they spent $200k on improvements/extensions etc? Puts a different light on things.

I saw one recently which sold for $200k over the buyer's range (admittedly the agent noticeably underquotes the range all too often). Average growth over past 20 yr is around…[Read more]

Another one you can use is: house.ksou.cn

Other alternatives include:

Kaplan
REIV
TAFE
SEEK

there are plenty of other providers who can do this course either face to face or via online.

Regardless of how cheap you want to build it, you will need to meet BASIX requirements ie energy efficiency. A project home builder is probably the way to go – they will give you a ballpark figure ie list price based on the standard designs. $1,200 isn't ridiculous (needs survey/preliminary design/costings). If you already own the block, get…[Read more]

Had to laugh – checked out the qualifications page: Licensed Real Estate Agent (any BA has to be a Licensed BA), Undertake 12 Points CPD annually (also compulsory from Fair Trading).

Mikand wrote:

Terryw wrote:
Under 50sq m?

According to the title, it is approx 160sqm.

A one bedder with extensive gardens/entertaining area/triple garage?