Forum Replies Created
Who pays ongoing energy bills to run the pumps?
Who pays for the pumping station inspections, maintenance and replacements?Elderly tend to retreat to a safe place rather than understanding, so they usually have an advisor
and that's the person you need to talk to. It may be a family member or old friend or solicitor,
sometimes an old retired bank manager, but there's nearly always someone. And she needs
to know who is going to protect her and property – e.g Council, solicitor, friend etc.
A stormwater pipe (through an easement) directly connected to the areas stormwater system
sounds much simpler and more sustainable into the future than pumping stations.
My suggestion is to fully explore both paths.
And in my experience of trying to deal with Councils, I'd prefer to deal with the neighbour.
Cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Hi Leharna
The law covering the actions of PMs sounds unbelievably toothless in Victoria.
I'm in NSW, and here it's got teeth.
Just for the information of us Forumites, can you please tell us :The source of your first paragraph about the law ?
Which Govt Dept licences PMs in Vic ?
Under what Act are PMs licenced ?Sorry you had such a low yield outcome, it sucks cleaning up and fixing up after scum trash n run, not to mention the loss of well-deserved income, interest, time etc. and aggravation to selves and jobs. Hope it's your first and last, ever.
Cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Thanks YI, good link to a private company, but howzabout anyone posting info here,
coz we'll need some of the Forum experts to explain it to us.
I know I sure will.
cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Sounds like the BC's fault, since you don't organise the workmen's schedule.
The body corporate should have given you the property owner as well as the resident tenant any available information about the proposed works, and if it was BC work, then BC should clean up too.
The tenant should have been advised about the work schedule in case it caused any inconvenience.
Too hard to fit workmen into vampire hours so I'd say bad luck for the tenant's lost sleep.
Too late for you to avoid the problem and the tenant didn't give you any opportunity to mitigate any loss and made no attempt to let you know ahead of time to mitigate the loss either, bad luck for the tenant there.
I'd be inclined to send the tenant a couple of movie tickets bought on your credit card so you have proof, and an apology.
Vampire tenant is unlikely to spend all day sleep time waiting around in a Tribunal for a doubtful outcome.
Tenant might be due some compensation, but most likely from the BC, not you.
cheers
thecrest
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
" If at first you don't succeed, then maybe skydiving's not for you."
I value the services of people who can facilitate the growth of my little empire, especially finance experts, and it's always a pleasure to pay for the expertise of efficient, friendly positive people.
cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Future residential tenants may be driven out by commercial development around them.
When I picture a house between factories or warehouses, I only see problem tenants.
Land should appreciate, could be a site to place a commercial building in the future.cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
I want my cash flow+ properties in a growth area.
yeah i was listeningthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Good question.
Other factors affect the price over 5 years, like
proximity to infrastructure like freeway, hospital, shops, school,
local employment
land size
supply & demand of housing in that area
Not easy to compare these 2 , because there are pluses and minuses,
the house has one more brm, more land and probably on ground level, while
the townhouse probably has less land, maybe 2 levels, but proximity to beach & city.
My money's on the house due to bigger land and more bedrooms.
cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
what concern is actually "going" ? or will be at the time of sale ?
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
There are brokers on this Forum who've been helping people for a long time, as you can see from the number of posts to their credit and the date they joined.
They deserve the support of the forum members.
cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Number8 just renewed my faith in the finance industry – where was this kind of direct help when I was fresh out of high school?
(It was probably there but I didn't have wealthyjvd's initiative and didn't connect with an amazing Forum like this one and the great people in it ! )
Thank you
cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Qlds007 wrote:Lenders like Anz dont do full valuations on purchases or refinances irrespective of what they lvr is if a modelled estimate can be found or if it is a 90% purchase they take the contract of sale depending on where the purchase / security is (both in the same state fine if not likely be a kerbside valuation and asssuming a Real Estate Agent is involved in the sale).In the Uk we used to call them 2nd gear valuations.
Can't wait for Monday morning to ask St George about this and see how it works at their place.
cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
The Law Society can give you names of specialists in certain areas. Few lawyers like the Residential Tenancies Act area because it pays poorly and usually involves tenants with no recoverable assets, however in your situation, it may be a Real Estate Agent as the target.
Dept Fair Trading in each state should be able to advise you how to proceed through them to ask DFT to address the problem against the REA whom they have licensed, and who have legal obligations and penalties under the Stock & Station Agents Act.
DFT are powerful if they decide to act, and can summon all docs from the REA to assess their actions under the act, and audit their agency and trust accounts while they're at it.Depends on all the fine relevant details in these things and the laws of the state you're in, the devil's in the details.
Not sure if it's the same in every state though. You would most likely need to pay whatever it takes to fix the property immediately to mitigate losses, get it rented again, then you have a clear figure of your losses in $$'s, and can claim, but talk to your insurance company first so you can proceed under their instructions with insurance cover still in place.
I sympathise with your anger n frustration at what sounds like a negligent PM.
cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Hi Richard n Banker
OOOOhh goody, is this an option to those conservative valuers so favoured by the big 4 ?Coz I'm in the process of discussing this problem with St George, where I want to buy residential property, then mortgage it to release funds to buy a commercial property (motel), which then gets me a commercial loan at res rates BTW.
But, the point is, bank valuers are conservative ( unless they want to get struck off the bank list of favoured valuers), so for example, if I buy a res property for $500K cash, val is 90%, then bank will lend 80% of val, I've lost at least 30% of the borrowing capacity of my $500K cash through banks allowing themselves big security buffers at my expense.Anyone got any ideas ?
Maybe I should make this a new post instead of digressing off someone else's post, sorry Qld .
cheers
thecrest
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Hi Banker
Sounds fast. What Valuation did you do in 2 hours ?thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Well done Elli – mystery shopping your PM, paid off too.
That vacant property could've been yours next tenant changeover, (may you never have one).
When I was a PM, I always worked Saturdays, because that's when the gainfully employed can do inspections.thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
How long do you want to live there?
How long do you think they will want you to live there?
How long do you think they want to live with you?
What is your exit strategy ?
How can you teach them to fish rather than giving them fish ?
Do they want to be self sufficient, and can you help them achieve it ?And BTW – congratulations and whatever happens, wishing you and your family much happiness.
Cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
God of money's bum looks like poo bear, just saw 3 in a row, more than enough this time of night.
BTW, great post thanks Richard.
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Maybe Rudd or his shot dog could create a new bunch of jobs called insulation quality control inspectors to check the batts in your belfry, but start with you know who.
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Anyone want to share the $215 cost of Residex Top 100 report as per the link ?
http://www.residex.com.au/index.php?content=top100
If so, PM me.
cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
