Forum Replies Created
Hi Kate,
You can either cross securitise (i.e use the equity in other properties which you own) or you could possibly take out a personal loan to cover the deposit and stamp duty. The latter option is obviously dependent on a number of things but I would need more information.
Regards
Shahin Afarin – Property Finance Consultant
http://elitepropertyfinance.wordpress.comTheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
Freedom Through Property wrote:Another thing to consider when renting your property out is landlord's insurance. You should be able to find a policy for under $300/year. It will cover you for damage caused to the property by the tenant, as well as any shortfall in rent if the tenant leaves without giving you written notice. Definitely worth it in my opinion. Cheers KrisI cannot explain how much I agree with Kris's comment – it is so important to be protect what is likely to be your largest asset/investment.
TheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
Hi Lila 77,
I have 2 clients they used BEST in Wenty and they love the service. I have personally bought 2 IP's from Trudy Cartledge.
If you are speaking to BEST – ask for Marlyn. She is hands down the best in the industry and she has been with the RL for 10 years (back when it was Starr).
Having said all that, you need to ensure that the PM is inspecting the property regularly and more importantly providing you with the property reports. I had a recent case where an investor wnet to court and lost because they only got verbal communication from the PM and not property inspection reports.
Regards
Shahin Afarin – Property Finance Consultant
https://elitepropertyfinance.wordpress.com/TheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
When emailing them – you need to state the details of the property (including the zoning, i.e. 2c, 2a, property address, etc) and also what it is they you are wanting to do with the property. At a glance they can tell you if it fits the box. Then download the DA Guidelines of the local council and read this. Then set up a meeting with the council planner. Then you will be better prepared for the meeting with the council town planner and you will get more decisive answers.Good luck!
Regards
Shahin Afarin – Property Finance Consultant
https://elitepropertyfinance.wordpress.com/TheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
Meeting the town planner at the council is free but they generally have appointments for 15 minutes to is feels very rushed and you need to be very prepared with your questions when meeting them. Which council is this in Sydney?
Also I found the town planner details – here it is:
Colleen McCullum
Glendinning Minto & Associates
PO Box 225 Thornleigh. NSW 2120
Tel: 9875 4788
Fax: 9875 4799
TheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
Hi Marshes,
Thats great! I haven’t used him in a while (haven’t had many clients wanting to develop) but I will search for his details and get back to you.
Regards
Shahin Afarin – Property Finance Consultant
https://elitepropertyfinance.wordpress.comTheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
Hi Marshes
Most councils either don't provide much help or they are extremely slow in responding. You can get some quick and free advice from Town Planners (as Luke86 has recommended) however once you do engage them they are expensive. I now a very good one but he is based in Sydney – where are you based?
Regards
Shahin Afarin – Property Finance Consultant
https://elitepropertyfinance.wordpress.comTheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
Hi,
Rendering is a far better end result than painting. However, if rendering is not done right then you will need to pay maintanence once every5-7 years (due to cracks appearing etc). I highly recommend you do not render if it is a rental property.
Regards
Shahin Afarin – Property Finance Consultant
http://elitepropertyfinance.wordpress.comTheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
Hi,
Rendering is a far better end result than painting. However, if rendering is not done right then you will need to pay maintanence once every5-7 years (due to cracks appearing etc). I highly recommend you do not render if it is a rental property.
Regards
Shahin Afarin – Property Finance Consultant
http://elitepropertyfinance.wordpress.comTheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
Hi,
Contact Wincrest Homes and ascertain a quote from them. I have had several clients build with them and they have been extremely happy with the 1) cost 2) time taken to build and 3) end product.
Regards
Shahin Afarin – Property Finance Consultant
http://elitepropertyfinance.wordpress.comTheFinanceShop | Elite Property Finance
http://www.elitepropertyfinance.com
Email Me | Phone MeResidential and Commercial Brokerage
