Thanks Ephraem1.
Cheers
thecrest

Hi abcd1.
Sorry i seem to have overlooked your post too, maybe my email alerts aren't always working.
30% would be the smallest deposit I've heard of, and you'd need to have a lot to offer the bank or lender.
A lot has to be just right before you can operate on the extreme edge of anything, especially borrowing.
You'd need to get an expert in…[Read more]

Suggest you get the ones onboard who are willing or for whom weekly rent really suits, before offering incentives.

The Residential Tenancies Act states that rent must be in advance at all times, but you can't default a tenant on rent until the sun sets on an unpaid day.

Also, they can pay you anyway they want, weekly, daily, fortnightly or every…[Read more]

Hi Garmon.
Suggest you be more more wary with Real Estate agents, perhaps you've found the best one in Australia and think they're all like that. Just be careful OK  coz they have quite a reputation.
Lose the rose coloured glasses before you get involved with Real Estate Agents.
Cheers
thecrest

Hi Harv.
Thought I'd answered you but can't see it here. Sorry if I missed it.
I assume you mean you're the buyer not seller.
More years is a negotiated deal, and benchmarks are very dubious.
Anything can be negotiated, especially this one.
Read the lease thoroughly, examine exactly everything the lessor is obliged to do, like repairs,…[Read more]

Suggest installing the items immediately and giving notice for the rent increase to cover it.
There is no mention of the tenant being disagreeable with a rent increase.
I would advise the tenant that the property was offered at a low rent without a heater. Adding the heater would cost $15 p.w. extra rent. Let me know what you'd like to do. Get the…[Read more]

Sounds like a Schizo idea, no need to exchange PMs if they're already " talking to each other ".
Scary, hope it's only scepticism, food for thought Richard.
Cheers
thecrest

Have an auction.
Cheers
thecrest

Now I notice in this forum there are two posts on the "help wanted" list one on top of the other, 
one wants to buy a property in Orange, and
one wants to sell a property in Orange.
Howzabout you PM each other for a start.
Never know what might happen.
Cheers
thecrest

Dubstep – you're a worry

Local valuers are ideal to discuss these matters with too, after all, they're the ones who place the values on the items you're talking about. .Have a chat with a few for the purpose of pricing and doing before and after valuations, and they'll give you an idea of what those changes are worth.
Cheers
thecrest

Hi Andy.
Ring Dept Fair Trading, request help, just a phone call from them to the Van Park to assess the problem in order to avoid a Tribunal etc. In view of your health, they should be up to one lousy phone call.
If not, ask your solicitor to make one phone call.
Then take it from there, should make things easier, but ensure all your ducks are in…[Read more]

It works well if you live in it and rent rooms, otherwise it's a mess from every angle.
Cheers
thecrest

Sounds like the thermal guy is little money well spent.
Has anyone checked the PRV – the Pressure Relief Valve?
They all eventually wear out, get weak and vent through the overflow pipe, which is sometimes stuck down a drain or somewhere obscure and you can't see it's continuously leaking hot water. Been caught with that one before. They get…[Read more]

If you're living in the property at the moment, you might need to de-clutter so it looks as tidy and functional as a serviced apartment or motel unit, which would create the illusion of more space and create a point of difference with thew other 10 units competing for the attention of buyers and agent.
Also you can immediately create a point of…[Read more]

Orange – Excellent Valuer – Ian Britton, used his services 12 months ago.
Cheers
thecrest

Doesn't make sense or am i missing something ?
You work hard, get the business to a good point, then want to share or sell a part to someone else.
Why do that after working hard to reach this point where it's " a good investment" ??
Doesn't sound right to me.
Cheers
thecrest

What exclusive period or agreement are you referring to ?
Cheers
thecrest

Motels in some areas seem to buck the trends, and apart from some slight ups n downs,  just steam along the same.
We've experienced this before with our previous motel during the last GFC, local retailers  were suffering badly while for our motel in the same area it was business as usual. Made it difficult dodging the usual "how's business"…[Read more]

Poor tenants, not their fault either way, but they pay you full rent and have to live in a fish bowl while you work out how to recoup the money. I suggest you should've replaced the curtains as soon as you knew there was a problem, and sorted it out afterwards. Definately someone is responsible, hope it goes your way.
Cheers
thecrest