Hi HangingupsidedownMe too please !!!     But I need one in Bathurst or Orange  NSW   –  any suggestions  anyone ?? Hope you don't mind me tagging along Hangingupsidedown.cheersthecrest

I offered my selling agent more commission and promised the salesman a personal bonus for selling within the agreed period and within my price parameters. He got very busy, focussed on my property, and sold it for my price within the agreed period. It was a pleasure to pay him, which is what it's all about. Sales people work for money, and they ch…[Read more]

Hope you found it, we did.  cheersthecrest

The advertising expertise used to create "wants" and "must haves" in our minds has improved to a dangerous level.They sell their expertise to those who sell goods and services. Those who don't have a wealth creation plan and who continue to follow bad strategies such as buying depreciating assets with borrowed money and ignore the passing of time…[Read more]

I just bought / invested $1,390 in 2 tickets to Steve's one day seminar in Sydney on 29th April for my wife and myself. I feel it's a good start which will help us to learn and focus on a successful strategy. We are time poor, and can't afford the time to wait until we learn the whole game before we start playing. The one day seminar will un…[Read more]

Suggest you talk to at least 3 PMs asking them how they would handle this situation. Insist the chosen one write to you with their plan. Negotiate a good rate but leave enough meat on the bone for them so you are a valued customer. Let them do it for you. good luckcheersthecrest (back after a long absence)

Glitch – edited due to duplicated posting

Rent only on a business basis (full lease & bond) at market value and keep increasing it in line with the market at pre-arranged points in time.
Be professional, attend to repairs & maintenance at light speed, and ask yourself :
1. If this goes sour, how will it affect my workplace and job ?
2. Can my friend cope with my duality – friend &…[Read more]

Well done Shaztaz, those details will come in very handy.
2 or 3 requests ( if there is an existing relationship then they are instructions by the way ) to your own solicitor to rectify their own mistake is more than enough. After that, the whole matter should go to a higher authority.
cheers [thumbsdownanim
thecrest

In NSW, once the tenant has moved into the property under a lease, then the tenant can pay any amount they like in any erratic fashion and there’s nothing you can do about it provided that the rent is never in arrears.
e.g. Rent is $200 p.w.
Rent is paid up to and including today.
Tenant can pay $500 today and wait until rent is nearly used up,…[Read more]

PM should get a quote on cleaning and repair, then assess what amount should be demanded from the outbound tenant.
If the PM & tenant can’t agree, then the PM should arrange a Tribunal hearing and ask someone else to decide the outcome. In this case, the PM has the responsibility to produce clear photographs of the situation together with several…[Read more]

Hi M_K
Let the PM handle the matter. Provided you have instructed the PM on your preferences with tenant selection, then let them do their job.
Better not to meet the tenant. Once you have signed the Managing Agency agreement with the PM, then they will sign the lease on your behalf.
cheers
thecrest

This should be handled by a solicitor, even though it may appear simple and straightforward.
The Residential Tenancies Act provides laws relating to leases, but may not cover options to buy, and you need to be sure that the act of terminating a lease, whether done by mutual consent of the parties or by a Tribunal, actually extinguishes the option…[Read more]

The PM is at fault for not advising you earlier and for not acting within a reasonable time. [angry2]
Suggest you instruct PM to act quickly to remedy the situation by having pest control fix the problem. Probably only cost $100 – $150, which is less than the cost of replacing the tenants.
Doesn’t sound like tenants would be successful in gaining…[Read more]

ensure that the mental condition of the client is such that the client is capable of protecting his or her interests, and

How are you meant to do this ?
Do you request a recent psych report ?
Howzabout a literacy & numeracy competency test ?
Whatever happened to caveat emptor ?

All sounds like swiss cheese to me.

good luck, hope you wrappers…[Read more]

If you’re paying one month’s rent in fees, one twelfth is 8 1/2% so it’s not too bad depending on what the local area market is paying for PM. However if in doubt, read the Managing Agency Agreement to see what you have agreed to, and the fees should be specified as deductions on your statement, and the total amount of rent collected should also…[Read more]

Hi Cutegirl
Your Propertyy Manager has not acted properly. This is pretty tough on you, sounds like you’re not ready to do the PM yourself, and you’re battling on your own.
Ask your PM for a written explanation of how they handle rent arrears, specifying exactly what they do in stages to address the arrears problem up to thirty days in…[Read more]

I just don’t agree with you Dazzling, and any others who suggest passing over on this one. If I pay a solicitor to do a job, I expect it to be done. If I then have to mop up after him because he hasn’t done what he said he was charging me for, then I expect some refund.
I would be advising the solicitor in writing of the problem, giving the…[Read more]

Hi Gamay
You obviously have all the info to make an assessment, so I hope it is a success for you.
BTW, not sure about other states, but in NSW, the Dept of Housing can assist. It goes like this. Tenant is in arrears not more than 4 weeks. Landlord issues a termination notice. Tenant asks DOH for help, attends an appointment at DOH & provides Bank…[Read more]

Someone lied to you, you didn’t get what you paid for, this is your solicitor’s problem to fix and compensate you for.
cheers
thecrest