Insurance/property consultants

Viewing 8 posts - 1 through 8 (of 8 total)

Still in School
Member
@still-in-school
Join Date: 2003
Post Count: 1,844
January 14, 2004 - 2:09 pm
Also a few helpful sites about insurance.
Greater National Group
Insurance Watch
Cheers,
sis
People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million
Johnb
Member
@johnb
Join Date: 2003
Post Count: 15
January 15, 2004 - 4:21 am
Hello All
Need a little help. Bought a property in Geelong, which will be rented out. Firstly a good insurance company that gives protection against tenants that might burn the place down for some reason. Secondly a property consultant that will put a depreciation schedule together. Thanks in advanced for the help.
johnb
Ricksta
Member
@ricksta
Join Date: 2003
Post Count: 41
January 15, 2004 - 4:34 am
Hi Johnb
I use Terry Sheer – both my PM in QLD use this company. They are competitive in price and have a good reputation, not sure if they are just QLD or Australia wide.
Still in School
Member
@still-in-school
Join Date: 2003
Post Count: 1,844
January 15, 2004 - 4:40 am
Hi Johnb,
I have been there.
Firstly a good insurance company that gives protection against tenants that might burn the place down for some reason.
Comm Insure, though i will admit it was a win/lose/win situation.
Quick story.
Partner had a property, got burnt right through the inside totally, property had just appreciated in value as it was in an excellent growth area.
First Problems
Loss of Money
Having no rental income as the place was burnt out.
Waiting upon insurance pay out.
Building of new place.
Results
Eventually got Insurance Pay Out
Brand New House (2 storey)
Depreciable
Increase Rental in Favour
Market Value …. New Whooping Value
Since then, someone actually wanted to buy the house as it was, when it was burnt out, secondly its just gone up in so much value, thirdly been taking insurance and bond money very serious now.
Cheers,
sis
People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million
Realtor
Member
@realtor
Join Date: 2003
Post Count: 16
January 15, 2004 - 5:02 am
I also use Terri Scheer; they are IP experts. Check out site @ http://www.terrischeer.com.au.
Good luck!
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
January 15, 2004 - 6:16 am
For tax depreciation purpose I used PageKirkland in NSW and QLD. Cheaper if you do multiple tax depreciations with them. Click the link below for more informations:
http://www.pagekirkland.com.au/services/taxDepreciation.asp and navigate through there site.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]
Terryw
Participant
@terryw
Join Date: 2001
Post Count: 16,213
January 15, 2004 - 7:18 am
John. Here is a good site regarding depreciation by a quantity surveyor:
http://www.washingtonbrown.com.au/site/depreciation.cfm
Terryw
Discover Home Loans
North Sydney
[email protected]
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email Me
Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Johnb
Member
@johnb
Join Date: 2003
Post Count: 15
January 15, 2004 - 12:29 pm
Thanks people for the help that’s great info. Hope I can return the favour some day.
johnb