Have a system whereby they are checking that the trades people have completed their work.  Alot of them rely on the tenant calling them to advise that the trades person didn't turn up or the owner calling a couple of months after being advised of the repair and not receiving any bill.

Thanks Matt

WendywooSent you PM, if you didn't receive I must of done something wrong.  If you didn't receive PM me and I will reply.bfree2live

Thanks JacMMy broker is very experienced and I have been doing business with her for a long time.  But I will definitely keep Richard in mind.bfree2live

Hi MACQIf it was my name I would post, hopefully somebody will tell me how to PM?

Thanks Richard, Yes, starting to get  a bit bored now after only 2 months!  Nearly have my real estate licence, (just thought I should get it!!) looking into a small development at the moment. At this stage my mortgage broker is looking into SMSF loan for me, if she can't help me I will contact you.  I had previously asked a financial advisor that…[Read more]

Sorry, havn't been on this site for a while and can't remember how to PM somebody.  Can somebody help me?

BTW, I know somebody who works at the biggest accommodation complex for international students near the uni and it goes in cycles.  Alot of vacancy at certain times of the year (holidays, etc) 

Hi MACQI live in Toowoomba, originally from Gold Coast.  I've done a small development, renovated, etc.Quality suburbs – Rangeville, East Toowoomba, Areas of Centenary Heights and South Toowoomba (East of Ruthven St)  This is the area that I look in.  Older style houses do have some asbestos but usually just wet areas. (not sure if this is a con…[Read more]

Hi MACQ

I live in Toowoomba, originally from Gold Coast.  I've done a small development, renovated, etc.

Quality suburbs – Rangeville, East Toowoomba, Areas of Centenary Heights and South Toowoomba (East of Ruthven St) 

This is the area that I look in.  Older style houses do have some asbestos but usually just wet areas. (not sure if this is…[Read more]

Hi MACQI live in Toowoomba, originally from Gold Coast.  I've done a small development, renovated, etc.Quality suburbs – Rangeville, East Toowoomba, Areas of Centenary Heights and South Toowoomba (East of Ruthven St)  This is the area that I look in.  Older style houses do have some asbestos but usually just wet areas. (not sure if this is a con…[Read more]

I also wanted to add –  When we originally looked in to subdividing our land we were told by council and our surveyor that Kurb and Channel might be required.  We received a quote FROM COUNCIL to do this and it was between $4 – $5K.  When we put in the DA COUNCIL ENGINEERS came back to Council Boss X and said that in this particular case kurb and…[Read more]

Hi Scott No MatesThanks for your reply.  As you said – If all future developments are hit with the same charges.  Ours is the first of it's kind in the area and council is trying to set a precedent with us.  The land is in Regional QLD on an acreage estate, not many other block can subdivide due to the location of their houses. (most of the ho…[Read more]

Hi BrunowaAn accountant would be able to best advise you.  It is my understanding that you cannot transfer equity from a PPOR to an investment property and claim the negative gearing benefits.  So if you have a lot of equity in your current PPOR you would not be able to transfer this equity to your new PPOR.  Do you have a large deposit for yo…[Read more]

I have been on the internet for a few hours researching asbestos removal, etc and this link has alot of information:http://www.deir.qld.gov.au/workplace/subjects/asbestos/householders/index.htmMight help somebody else.I found the information that I was looking for and that is, is it better to remove asbestos or cover it up? (if in good c…[Read more]

DWolfe, I have only done a drive by at this stage, all of the external walls, not sure about internal or roof.  I know that the dividing walls are brick.Depreciator, thanks for the tax tip.bfree2live

Thanks Scott No MatesYes worth considering.thanksbfree2live

Thanks RuthI have read a few other threads regarding asbestos on this forum.  It really bothers some people and other people don't worry about it.  I think that I would prefer to take out the asbestos, just wondering whether it would be worth doing this or just pulling down the whole building and re building.  The building is old and it might no…[Read more]

Thanks DWolfeYes it is regional.  Yes, I'm considering self managing if I purchase.  I'm in the process of getting my real estate licence so I am confident that I will be able to self manage.I think I'll get a building inspection done and go with the building inspector.  Even if I don't end up purchasing it will be a good learning experience, re…[Read more]

 One of my tenants vacated in arrears ($950) and my PM advised me that I could employ a debt collector ($165 and they take 20% of the money recovered)  I asked what does the debt collector do that you don't do?  Her reply was that they are not debt collecting specialists!I thought that Terri Scheer didn't pay for the first 6 weeks rent, don't kn…[Read more]