How does one clear one's cache please?

Is it possible to click on a post and jump straight to the "first unread" like on Somersoft? I realise that function may already be available, but I don't know how to do it.Also, it would be good to have the state where the poster lives show in the heading somewhere to assist with answering questions as each state has different rules, eg. rental…[Read more]

I don't really understand why you want these figures so you can adjust the purchase price. Either the purchase price on the house is appropriate for the house as it is now, with all the work done, or it is too high and you want to buy it cheaper.I thought maybe there are other houses you are looking at that are similar to this one before all this…[Read more]

I wouldn't touch it with a barge pole.Wylie

I can also confirm the same thing in the Coorparoo, Holland Park, Greenslopes area where I live. Things are moving along nicely, but for how long, who knows?Wylie

Not only agree with raddles but also you wouldn't need a house because you would be in "the big house".Wylie

Initially I nearly gave up on the new look forum because I couldn't easily see what posts had been added to since my last visit and I was not prepared to search each section looking.But I now log in and go to "Forums – Active Topics" on the top left of the page and can see what has been added. I still don't think it is as easy as it was, but I…[Read more]

Why not put a central fitting where the hole is already there and put in a multiple dichroic (spelling?) light there with lights pointing in different directions and washing different walls with light. Or what about one central dichroic fitting in the centre and some wall lights. It would be a pity to have to put holes in a pressed metal ceiling,…[Read more]

I am a bit confused about what you mean by "exchanged". A purchaser asks an agent to write up a contract, they take it to the vendor. If the vendor signs the contract it becomes a binding contract, signed by both parties. If the purchaser has added say a  finance clause, then the only way the contract can be voided is by using that finance…[Read more]

Are you saying that in NSW you can be gazumped AFTER the contract is signed by both parties?Wylie

Not sure about now, but ten years ago( in Qld), because we didn't put a clause in our contract specifying that we could have a copy of the building and pest inspection if it was not "up to scratch" and their solicitor refused to release the report, and our solicitor said we had no right to the report. She was annoyed with the whole set up as their…[Read more]

I know that Noel Whitaker seems to always advise paying $12 per $1,000 per month, but no more as this is the optimum repayment and will repay your loan in about ten years.Wylie

I miss being able to click on "recent posts" rather than have to go into each area individually. Is the feature still here or is it gone?Wylie

Last house we bought we wanted access to do some work. Our solicitor told us to ask real estate agent to ask vendor to sign a letter allowing us to get in to do “xxxxxxxx”.

Solicitor said that generally (in her experience) once solicitors get involved, the answer is usually NO. We took her advice, got a letter from the vendor and got in early. We…[Read more]

We get the outgoing tenants to have pest control done, and put that in the lease.

So new tenants going in have a freshly “pest treated” house.

Anything that crops up during their lease, we let them deal with. To be honest, we have not ever had a tenant request a pest treatment except recently, just after a tenant moving in we had a major black…[Read more]

Why not drop a note in their letterbox (if they live there) or wherever they do live. It could well be that he wants the extra publicity for himself that the advertising for auction brings.

Wylie

Curious where the houses you mentioned in your latest post are?

Things seem to be ticking along nicely in the Coorparoo, Greenslopes, Holland Park area.

Wylie

My understanding is that (in Queensland) if no action is taken after notifying the manager or owner, a tenant has the right to have things repaired and claim the cost back. I don’t know how this happens as we self-manage and have never had anything left that needed fixing.

Get your friend to check with whatever authority is appropriate in your…[Read more]

Hey Foundation. Look, you obviously are a smart cookie but all I am saying is that when I wanted to buy a house, I didn’t let anyone (even the bank) stand in my way. I couldn’t afford a whole house, so I went shares with my dad in a unit, which we rented out. I lived at home and was about 18.

Next I bought a quarter share in a house with my dad,…[Read more]

No it doesn’t clarify it really. I am talking well under $300K and also what happened to having a deposit?

If you save say $20K deposit and buy for $250K the loan is looking manageable. It is how I got on the ladder.

Wylie