Forum Replies Created
Hi,
We have always paid between 5.5% to 7% + GST in regional areas of Vic. No qtrly insp fees or anything added. $2.50 per mth postage fees. the normal 1 week letting fee.
We are in the process of negotiating PM fee at the moment for Hervey Bay QLD, and they are trying not to budge under 8.5% + GST, $5.00 postage per mth. We shall see!
As for what Kay said..
Folks, seems like if you buy rural, you pay through the nose for everything. In places where there’s nt much competition for service provision, they can charge whatever the market will pay.
Kay, it’s not always wise to generalize about regional/rural properties.
I think that property managers do seem to be trying to increase more everywhere now, (if they can get away with it).
regards,
Del
hi,
There may be no stamp duty when purchasing, however, generally CGT will still apply.
I’d strongly suggest that you talk this thru with a GOOD accountant. There are different structures to buy in, but “caveat emptor”.
Please seek good legal advice.
Good luck,
Del
Hi,
If I were a plumber on a much earned day off, I would charge a bit more if I had to leave my family or friends to go and unblock someone else’s toilet..[fart]
I think that as a landlord, this is just one of those things that you have to grit your teeth about, but cop it sweet.
Problems like this never seem to happen between 9-5 on a week day – do they?
Del
Hi,
I think that if you “really” want to sell this property, then you need to LISTEN to what the market is TELLING you.
Are you being realistic about the price you are asking? The market has changed a lot in the 6 months since you have owned this.
Are you listing the house at a price close to the amount that you will ACTUALL TAKE?
Are other houses in the area selling, and yours not?
Sometimes it’s hard to not be emotional about houses that we have put in our blood, sweat & tears on.
Good luck,
Del
Macleod’s Daughters…..
It starts again on TV next week – yay!
Del
Hi,
I think that most people’s natural progression from buying little houses, would be to buying commercial properties.
These can be picked up from under $200k, with the tenant paying all outgoings.
I wouldn’t feel comfortable going straight into large office buildings. Imagine if it sat vacant for any length of time.[confused2]
Just my thoughts,
Del
Yep we are,
We watched it tonight (as usual). Action!
We also watched on CH7 “Medical Rookies” – it is filmed at Westmead Hospital and all about the “L Plate” doctors left in charge of emergency depts etc – NOW THAT WAS SCAREY…[weird]
d&w
Thanks for that Jo,
Just what I thought, but DIDN’T WANT TO HEAR! [weird]
Del
Thank you Jo,
Perhaps it’s like annual leave, maybe you have to work a full year before you get all
the benefits?[strum]
Maybe half the moderators get to go to this seminar, and the others get to go next time.
Don’t take it personally. Your help here is appreciated by all.See you next year!
Del
Hi all,
Just to stop everyone guessing…[wink]
We have been invited by Steve to this seminar, because we are basically part of the seminar (I believe)[oink]…Not sure what is going to happen though! It is costing me a heap in overnite babysitting to attend though! – (only joking, small price to pay)!
We have been to the Masters seminar & Wrap seminar last year, and paid full price, They were a bargain! I went to the 0 to 130 seminar, and received a discount, because we are part of the MAP. Would have paid full price, not a problem.
I would have paid full price to attend this seminar, because I’m sure that I would get at least that much value out of the seminar. I can’t believe how reasonable this seminar is…
I try to answer questions to help others on this forum, partly as a payback to Steve for the time he has put in on us. The other reason, I enjoy it and learn from it also.
Enjoy the seminar all, we’re looking forward to talking to all of you.
PS… Don’t ask me any tricky questions. I’ll be the shy one in the corner. [blush2]
Regards,
Del
Hi Danny,
I have been to the Reno Kings last year in Brisbane.
There were lots of great tips for anyone who wants to do reno’s.
I would recommend their seminar, especially if you are from QLD.They are also very entertaining – Laurel & Hardy eat your heart out [upsidedown] [weird]…
Del
WESTAN,
SHAME, SHAME, SHAME…..
You said “after a great battle on the court, we win”….
Do you mean Australia wins, ‘cos I thought you were Australian….[glum2]
Or have you donated half your brain to science, and are now classed as Kiwi.[baaa]
No offence Kiwi’s,
Del
We’ll both be there..
Sounds interesting!!
W & D
Thanks Kay,
I have always enjoyed our discussions…
Also, by explaining your beliefs, it helps to reinforce what you know (or don’t know).
Different opinions here are good for all.
Del
Thanks Aussie,[blush2]…… I think!![ohno]
I have learned to try and post in a polite manner. If I can’t do that, I try not to post.(OK, I’m sure I’ll cop some cra* for saying that by one person in particular in this thread)…
I have realized that there are a lot of people who actually take things said here quite personally… and after all, this is just a forum! I don’t want to wreck anyone’s day… especially mine!
My opinion, (for which I try not to give too freely these days), I really believe that the moderators should not lower themselves into slanging matches with others so much. I believe that all the moderators have a lot of great advice to offer others, but this constant fighting makes me lose respect for the “forum”.
Ok, go pick the post to pieces…[medieval]
Del [biggrin]
YES !!
HE HAS LOST THE PLOT – BIGTIME…
Del
Hi again,
try this list of acronyms …
https://www.propertyinvesting.com/forum/topic/2233.html?SearchTerms=abbreviations
Del [biggrin]
LAUGH OUT LOUD !!!
If you do a search on abbreviations you should find heaps.
Del [biggrin]
Hi again Marisa,
No, no truth at all…
Where did you hear that? We have had no problem getting 80% finance in regional towns (we haven’t tried for any higher finance). We have never bought in towns less than 5000 people though.
Regards,
Del
Thanks Marisa,
That’s correct about the rental income…
That is why it is a good idea, not to go and quit your “day job” too soon. You need to rely on that to allow you to get finance approved.
Del