Search results

  1. J

    Tenants slack in paying water bill

    My tenants (Brisbane) always have to be badgered to pay the water usage and I always have to badger my PM to badger them. I was going to ditch the agent for being slack but then got a new PM who seemed on the ball when I grizzled to her about these tenants. However, I've just realised it's...
  2. J

    Development opportunity in mining town of Roma QLD

    I am selling a 4 HA property in Roma, SW QLD which is booming due to mining. The details of the house are on the link at the end of the post. The land can currently be divided into 4 x 1 Ha lots but council is in the process of a new strategic plan, so it has been surmised by the surveyors...
  3. J

    historical rental price

    I have searched the forums and other web sites but I can't find any historical data for house and unit rental history over the last five years in the capital cities. Plenty about property prices but not rents. Could anyone please tell me where I can find the data, especially if it's free...
  4. J

    carpet issue

    I was wondering if I could get people's opinions on the following: My sister has a rental property in Melbourne and the tenants have been there for three years. When she went to inspect the property, there were significant marks on the carpet in a number of places. One looked like the carpet...
  5. J

    Do I need a new PM?

    I have a 2BR house in Yarraville, Melbourne that needs renting out and apparently has had no interest over the last 3 openings. The current tenants gave a over a months notice and leave next week end. A month should be heaps to rent this house out It is great for a couple, not a family but...
  6. J

    lost e-mails

    Hi Everyone, Does anyone know where my computer may have hidden three months worth of e-mails? (Yes, I'm leaving myself open with that question aren't I?) It asked me if I wanted to compact files to make more room, so I let it and now my e-mails have gone! Thanks to any computer buffs...
  7. J

    renovations and tax

    If I want to do major renovations to a house when a tenant moves out, eg new kitchen, bathroom, paint inside & out etc, how does it work with respect to claiming the usual deductions as the house isn't available for rent. I did a quick search but couldn't find the answer. Thank you to any...
  8. J

    pre paying interest

    This may sound like a simple question but it is something I've never had to do & never researched. If I am expecting to pay a tax bill can I pre-pay interest on an IP loan to bring that tax back? If so, my questions are: 1. Do you just ask the bank what their procedure for pre-paying...
  9. J

    anti-whaling petition

    I received this today and although I generally don't sign e-mail petitions as I don't see how they work, this one is different. They are aiming for one million signatures. Anyone who'd like to sign it, please do and forward the website on to as many people as possible. If you click on "tell a...
  10. J

    macquarie loan or not?

    We have a Macquarie loan - we borrow the money, trust owns the house. It was done on a lo doc loan. Apparently they shouldn't have done it as they don't offer these loans but it was a mistake. Interest rate is 7.03% Anyway, after two years, which it now is, we can move it to a standard full...
  11. J

    gifting property to a trust

    I was talking to someone about property (fancy that!) and he said that it is possible to gift a PPOR into a trust, pay rent while it is beneficial and then stop claiming and declaring anything for it when it is no longer beneficial, leaving it idly in the trust. He is talking about a...
  12. J

    carwash

    I might not be meant to post this here, but how would I go about researching the costs involved and procedure for setting up an automatic carwash? Thanks for any help given, Jen
  13. J

    Queensland trusts

    Just a word of warning to those who have a trust & live in QLD or who are about to set up a trust. When I had the HDT set up, the deed was sent to the OSR in QLD to be stamped and they sent it back saying trusts don't need to be stamped in QLD. I have subsequently found out that, although that...
  14. J

    LOC through HDT

    I am in the process of organising a LOC on our house which is owned by the HDT.The house is in a country area. We have a healthy LVR but are self employed. However I have been able to show reasonable income over the last 2 years. My MB has found a loan through BankWest but it has a $300/year...
  15. J

    is this feasible

    I hope this isn't a dumb question, but what the heck.... We own a property outright i.e no loan on it. I originally wanted to get a LOC against it so I could use the LOC for deposits on properties etc ...but I was thinking that it would be better to have an offset account so that we can park...
  16. J

    HDT & loan repayments

    If I buy a property in my HDT and do the usual thing of borrowing in my own name, buy units in the trust and then have the HDT buy the property, is it OK for the bank to take the interest loan out of the trusts account? Or does it have to come from my personal account? If it is OK to have it...
  17. J

    alternatives to QS

    I've been reading previous posts on Quantity surveyors but don't think my question has been answered. I have a property in a country town, about 5 hours from Brisbane, that I want a depreciation schedule done on and am having trouble getting a QS out this way. I contacted one company in...
  18. J

    policy excess for rent default

    For your information: On my recent PM statement, my PM made note down the bottom which read: "We recently had reason to claim for Landlord Insurance through CGU Insurance. Well to my surprise, the excess on the policy for a simple rent default claim was the usual $50, plus a further $500 rent...
  19. J

    where do I stand

    Can anyone offer advice on the following situation: I bought a house in '02 and had probably the crappiest PM out. She lost me hundreds of dollars in non-rental of the house before I changed to my current, competent PM. (The house has never been vacant since) I wrote her superiors a letter but...
  20. J

    deal with tenant

    I have an IP in need of cosmetic repairs which my buider tenant would be interested in doing. What is the best approach to this situation - can I organise some contract with rent reduction or should he just bill me? Rent reduction sounds attractive to me but I don't understand any pitfalls that...
Back
Top