Recent content by collie

our units are not tenanted as we haven't been advertising them for rent as we are trying to sell them to an owner occupier. we have been sold a lemon, we just want to get rid of the thing and move on.... may have to take matters into our hands as agent is having troubles.... will see :)

swapping??? Thanks for everyones reply, though has anyone heard of or done themselves a property swap?? Or know of where we could get more info?

we will definitely look into Vendor Financing but will have to wait until our exclusive sales contract is up with our agent in 1 month. thanks for everyones feedback.

We are not self managing, the units are managed by an onsite manager who we thought we be taking care of the advertising, took us a few months to realize that isn't in his contract, so we have done some advertising ourselves with not much interest. It has been on the market since May, with a bit...

the unit was purchased as a cash flow positive investment property. It was CF+ when it had a tenant but we haven't been able to get another tenant despite advertising, it has been vacant for 10 months. We cannot afford to hold the property any longer with no tenant as we are on a low wage. We...

Hi all. We are trying to sell a retirement village unit we bought off the plan for an investment property. Things haven't worked out and we really need to sell. The unit is strata titled. We heard about house swapping/trading and thought that this could be a good option as we are struggling to...

yes in a word!! Hi, we invested in a retirement village unit development which has gone very pear shaped. We bought off the plan. We have only ever had 1 tenant in almost 2 years of ownership, he stayed for 10 mths and then left due to health issues. A couple of issues with them, firstly they...

true for terri scheer though they don't charge excess on all claims, loss of rent = no excess (except for QLD), legal costs no excess, malicious damage $250 excess. So not really two excesses if you have loss of rent and malicious damage. Hope that helps. Collie

it is a strata title unit, so we have no exit fees. We are prepared to take 5k less than what we paid for it, which would place our unit at $20k less than the developer is still trying to sell (he has added a margin as he has a 12mth rental guarantee in place) just having a bit of a panic...

Hi, We purchased a retirement village unit off the plan a few years back, we settled on it October last year. We had a tenant for 10 months and now it has been empty for 5 months. The repayments and costs are starting to bite, hard. :mad: Our other IP which has been a great performer has...

Anyone had any experience with and Agents in Kalgoorlie? What is a fair commission percentage? Thanks

Anyone out there with a great PM in Kalgoorlie? Any recommendations? Thanks

how is your agent going We are in the process of hiring a PM in Kalgoorlie so i was just after a progress report with your agent Ta

thanks guys, just thought i would ask :)

Hey i am considering refinancing our investment property. We are with a company who require that you take out a whole new loan every time you borrow extra against the equity. We currenlty have 3 loans with them, 1 fixed and 2 variable, we are wanting to borrow extra against this property but are...