Hi Jam.
These remind me of the linings in some old caravans and old mobile homes, and they’re usually about 3 ml thick.
I’d remove them and replace with gyprock asap.
Love the old wide real timber boards.
That house really has great character.
Cheers
thecrest

Hi David.
Hunter region is so strong, we doorknocked it seeking investment in the hospitality area, Muswellbrook, Singleton, Scone, and planned to enlarge that using extra villas, units or houses. The info which the hospitality sector so kindly shared with us painted a clear picture of a very strong investment area totally dependent on mining. We’re still seeking in the area.
Cheers
thecrest

Whoah Terry, that’s a very big card to play, wish I’d known about that one years ago.
Thanks
thecrest

Hi All.
Different ways to get removed from TICA.

Firstly you need to know the details of why you’re listed, and by whom.

If you still owe money, I suggest you negotiate with the REA who listed your name to remove your name if you pay the amount listed, or a lesser amount you can negotiate.

If you believe you don’t deserve to be listed there, request the REA remove the listing explaining why. If they won’t, request a Tribunal hearing and orders to have your name removed.

If you believe TICA is acting improperly, you can discuss it with the Office of the Privacy Commissioner.

I used TICA extensively as a PM.
It’s a very useful tool for PMs, and protects landlords and PMs if used properly.
Of course no-one likes being listed on it, so it has deterrent value as well.
Nobody wants a mute watchdog with no teeth, except maybe burglars.

It enabled me as a PM to protect investors from bad tenants – like house trashers, big rent arrears, skippers, etc. and when an application showed a debt listing, then previous out-of-pocket landlords knew where to find skippers.
Also, when well vetted tenants went bad as a very small percentage do, I could protect the REA Licencee and prove to investors that I did all possible to vet their tenants thoroughly before allowing them possession of the property.

One tenant who admitted to being a skipper, and had skipped on my predecessor PM about 3 years previously, rang me to negotiate name removal because it was causing so much inconvenience for them when making tenancy applications. We settled on 75% and I had to investigate to find the person who was the owner of the house during that rental default period because that was 3 owners ago, the property had been sold twice since the rent default, but the funds belonged to whoever owned the property at the time of the rent default.

TICA worked well for me as a PM.

Cheers
thecrest

Very important to report the issue immediately to whichever Govt authority issues the Real Estate Licences for REAs to operate in your state.
In NSW for instance, Dept Fair Trading issues licences and swoops on REAs to do audits on activities and trust accounts which hold rent. Severe penalties apply for not operating trust accounts properly which includes withholding rent.
Set the Govt dogs loose on them.
Cheers
thecrest

Sounds like you might be better off in a unit property trust or something like it.
Better to go alone, maybe some reno flips, if you want to grow personally and financially.
Cheers
thecrest

Hi jphoth.
Would you mind posting an update here later n let us know how your sale is progressing ?
cheers
thecrest

Great post, excellent idea and very useful.
cheers
thecrest