good on ya mick….. thanks for that… we are going to bypass our conveyancer and discuss this issue with the solicitor in charge of the law firm. We still are trying to figure out why exactly they don't want us to advertise and what legal right they have to say this. cheerstugger

yeah we had it advertised and that it wouldnt be available till after settlement but they demanded we take down all advertising from the internet, shop front, and the papers…..

hang on…the property is vacant… we had spoken to all real estate peope concerned and had been given the go ahead to advertise by the vendor and their solicitor… then the vendor changes her mind… what have we done wrong. 3 IP and never experienced these problems.

i agree with people that i don't own the property, but shit, with a deposit and doing everything right by the vendor, the least they could do is help us out. There are the legal aspects of this but there are also the moral aspects, and i don't see why 1 party should try to make things difficult for the sake of legal loopholes. 1 party has the…[Read more]

yeah its crap really.. they have refused to let us in and our conveyancer has agreed with them.. we have made it easier for them by buying the property at this difficult stage, the least they could do is help us out a bit. We might try and put in an independent advertisment in the paper with our phone number for this weekend and see how we go.…[Read more]

It was interesting because the photos that were used for the sale of the property were almost identical to the photos taken for the rental advertising. Exactly the same things were in the apartment and appeared in the photos. It is just such a pain in the ass seeing that this is a bad time of year for renting in hobart with the cold…… the loss…[Read more]

G'day Tracy…Yeah I think she has just cracked it because the estate agents had cleared everything exactly with her, but the problem is she is taking it out on us, the purchasers, when the problem seems to have come about from the agents. Thanks again for your response. Cheerstuggerwaugh

good onya jon…thanks for that info..cheerstugger

Yeah we haven't had any trouble with tenants in Kingo at all… 2 properties in Kingston Beach (house and unit) and they both take 5% yield… we havent missed a day of rent even though properties have had 2 different renters…Kingston is taking off so jump on board. Make sure you check out the REIT information before you settle on a suburb…for…[Read more]

Thanks pete…Just signed a contract for IP3 in kingston beach so really getting going now…. would be interesting to find out what people think of the Kingston/Kingston Beach area…i'm hoping its all good and results are showing that so far…cheers petetugger

G'day jessy…yeah we have 2 IP's in tassie and just about to buy a 3rd. 2 IP's in kingston have good rental return and fastest growing municipality in Tas… both IP's return 5% rental yield and showing good capital growth. Lauderdale may boom soon as 30million shopping precinct has been given the go ahead I believe… Be careful about high…[Read more]

good onya…thanks for those replies…something to think about. Are there basic lease contracts you can purchase as a program or 1 off, or is it easier to just write your own up? Cheerstugger

Thanks kum…Yeah we are paing P & I on both properties… we have had depreciation schedules done and both properties are at about $4500 per year for the next 15 years…. both properties are in great rental condition and the one we are looking at now has just had a reno… food for thought and some decisions to be made soon… thanks againtugger

G'day Pete and Jackie..3 IPs in Tassie and I call it home, but living in the NT at the moment…is there any chance of getting some sort of run down as to what was discussed at the up coming meeting? Are there any other meetings on the cards? Any info would be much appreciated. Cheerstugger

G'day Mel…Yeah keen here to do some writing… My partner and I are in our late 20's with 3 IP's…living rent free in the NT full-time teaching with properties in Tassie…sound interesting? cause its a bloody good time for us now…cheerstugger

sorry for the lack of info…. unit in hobart, basic reno (no more than 10k)…. maybe enough to bump the rent up by 30-50 dollars…cheers

G'day Michael..Yeah the second IP was a rental and has been rented since October…. thanks for that… Our 1st Tax person we saw last financial year didn't do any of the stamp duty or LMI from our 1st property… are we able to claim that this financial year? cheerstuggerwaugh

Good onya Steve…thanks for that example…makes it much easier to apply to my situation…cheerstugger

G'day Mel…Yeah great story….doing well to take those risks at 25. I'm 28 with two IPs and living rent free in the NT and just looking for the 3rd property now. I'm just about to put the rent up in both properties and I think our property manager will try and talk us down a bit, so I loved your idea of advertising the property independently.…[Read more]

sorry for the little information…properties are1. 1980 4 bedroom 3 bathroom house in Kingston Beach, Hobart at $350 a week2. 1991 3 bedroom 2 bathroom townhouse in Sandy Bay, Hobart at $345 a weekI think the tennants have had a good ride with the properties at these prices so far….cheers