Forum Replies Created

Viewing 20 posts - 181 through 200 (of 3,802 total)
  • Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    Sometimes, you get rid of your stars as well. Why? They have done their job – reap the rewards from these and concentrate on new strategies etc. There may be an upside in keeping the underperformers eg. is the area about to go through boom times etc? 

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    This may cause a few global repercussions wrt finance as well.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    Chase your conveyancer – they should be able to advise and order the documents that you require. Otherwise ask your mortgage broker/bank.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    If you want a car, salary package with your employer. Keep a log book for usage for your IPs.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    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 or the REI standard form or a special condition? Either way, this means that you are parting with $$$ before settlement and the agent walks away being fully paid upon exchange of contracts. 

    Your only leverage with the purchaser will be through your solicitor – contact them asap to advise of your rights. If you accept $500 in lieu of 10%, this is a change to the terms of the contract of sale and you will only be entitled to the amount of the deposit unless you sue for completion or loss of value if you subsequently sell for less.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

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

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    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.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    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).

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

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

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

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

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

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

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    There are plenty of $1m+ properties along the Georges River – not too common in rough areas.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

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

    Does it have a reputation that you have heard about?

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    Bump – only a few days to register.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    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 Newsagent in NSW, only downloadable or direct from fairtrading.nsw.gov.au website.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    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.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

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

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

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

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

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

Viewing 20 posts - 181 through 200 (of 3,802 total)