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  • Profile photo of sokossokos
    Member
    @sokos
    Join Date: 2005
    Post Count: 8
    maree_bradross wrote:
    Hi – ouch I feel your pain. That is for your insurance company to sort out when you lodge your claim.

    ……………. hmmmmmmm, unfortunately we are that learning curve – the one that has 20/20 hindsight!
    We were aware of it, but didnt follow thru and get it in place.

    Sooo, the Q still remains – has anyone any info on a property manager being taken to task (legally – or otherwise), in relation to mismanagement resulting in financial loss…….  

    Profile photo of sokossokos
    Member
    @sokos
    Join Date: 2005
    Post Count: 8

    Thanks for the input all !
    I certainly will look into it much further.Some of the initial cost involved in getting it to ‘shine’ will be offset by the increased rent return the property will achieve.
    Back onto repairs – say a hot water heater gives up shortly after the first tenant moves in – wouldn’t that be a repair irrespective of the time it has been tenanted?
    Cheers

    js

    Profile photo of sokossokos
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    @sokos
    Join Date: 2005
    Post Count: 8

    relliott
    How do you get a valuer to get off his **** and give a REAL valuation, not just a VERY SAFE valuation that “blind Freddy” could have come up with? We have had two recent experiences where the valuers have gone ultra safe and affected our LVR. Not impressed!
    Cheers

    js

    Profile photo of sokossokos
    Member
    @sokos
    Join Date: 2005
    Post Count: 8

    Out of curiosity was is BankWest that required the rental statements? Cheers

    js

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