I am not sure of the right answer,but I would imagine that if the wall is on the builder’s site,and he has council approval,then he could demolish it.This may get complicated if say the wall was a part of the nighbours front fence,but had still been built on the neighbouring land.But I would still imagine it could be demolished.As a commercial…[Read more]

Misty, they were asking about your mortgage,if it is for an IP or PPOR.

Here is a link to an online calc,or you could do it manually as detailed previously.

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http://www.apimagazine.com.au/calculators/compound_interest.html

ambo,do a search on “stables”.there was a considerable discussion on agistment that may hold something of use,and also a couple of other hits.

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Yep,take architects out of the mix.

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I wonder if it is something to do with the area at themoment.Although it is quite a respectable area,I occassionally do some maintanence on a block of flats just near the corner of HAwthorn and Glenhuntly roads.It is a block of eight,all owned by the one person.When I was there a month ago,there were 4 vacant,2 of which had been empty for 2…[Read more]

My concern would be what happens in five years time.Being a specialised type of property,your market is limited.All is well and good if the tenant wants to stay on,but if they don’t and you can’t find another operator then what do you do? The property won’t be worth as much for resale without a tenant,and the costs for redevelopment of the site…[Read more]

I neglected to mention about colours in acrylic render.Although the colour in the render is throughout the product,if you scratch it you will leave a white mark.Darker colours will show scratches more easily,but you can easily paint over the whole wall to cover it up.Patching acrylic render is never successful.

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There are two types of render that you can consider.

The first is cement render.This is the traditional mix of sand,cement and lime.It is mixed in a cement mixer,trowelled on to the wall and then screeded with a straight edge to get a flat wall.It is applied around 8 – 10 mm thick.Oxide of various colours can be put in to the mix,but this is not…[Read more]

The Residex Property Explorer report may have past sales data.Below is a list of what it includes.It cost $65 if past sales are available,or $55 if not.I am not sure if you can find out if the data is available before you purchase.

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For your choice of property, gives:

* sales history (if available)
* nearby sales for last 24 months
*…[Read more]

Hustla,how do you intend to find out this info?

JKM is correct.The agent should be charging you 19.20 plus 1.92 GST for his services.If this was a commercial property and you were registered for GST,it is still not up to the agent to deduct that from the rent.All he would be deducting would be his 21.12 and any other charges,and any GST you were liable for would need to be remitted by you with your BAS.

Hi Michael,I understand the theory,but investors require the information to make informed decisions as well.I just don’t see how REAs are above it all.
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This post is 12 months old…could explain why noone is reading and responding!

In the Herald Sun on a Sunday they pick a property that is for sale,and list all the prices it has been sold at for the past 20 or 30 years.I assume thy must get this information from a real estate agent.But if this information is covered by privacy laws,what is the difference between a RE and an investor accessing it?

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I think that they are only a problem when it comes to disposing of them.
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Move over Milly,this is my territory.Here’s an example.I am a trade qualified carpenter,commercial construction site foreman,and have no trouble completing othe rpeople’s projects valued at millions of dollars on time and budget.But at home it is a different story.Decide to replace my front fence in 1989,so did the posts and rails.Pickets went on…[Read more]

what is your connection with this company?

JKM is correct in that if a business has a turnover under 50,000 then gst registration is optional.I assume this is the same for properties.But it also means that you can not claim the gst that you have paid for repairs,agents commission etc.

The agent acting on your behalf will charge your tenant gst on the rent.The agent is also a business,so…[Read more]

If you mean best returns,then try Residex….they have these reports for sale.

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If it is a commercial property and the rent is 150,your pm will charge the tenant 150 plus 15 gst,take out his fee,plus gst,and send you the balance.You are then responsible for sending GST collected to the ATO

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