Recent content by eastside

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    Living in a short-term lease building

    short term lease issues Be careful, short term lease buildings will always have problems with inconsiderate guests and wild parties. Think of overnight visitors, there for a weekend away, a night on the town. Do you, or do you want a tenant, to live under those conditions permanently? The only...
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    Dept of housing putting "buyer must be owner occupier" in contracts of sale

    Doh You wil find this is more and more common with DOH. I have a friend in the Department, and they have found that this works in 'cleaning up' previous troublesome estates as the owner occupiers take pride and interest in their investments, whereas renters tend to not take as much interest...
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    Wellington - country NSW

    Thanks to all! Many thanks to all of you for your ideas as to how to get around this issue:)
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    Wellington - country NSW

    Yes, I have worked my way through builders in: 1) Wellington 2) Dubbo 3) Mudgee 4) Orange. It's amazing how unemployment is not really 'unemployment' at all in these country towns, or is that my cynicism speaking. I am going to put the pressure on community housing, surely they must be...
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    Help needed: Room without council approval

    unapproved garage We had a house years ago, and when we refinanced the loan with Aussie Home Loans we were turned down because it turned out the garage was unapproved, even though it had been on the property for over 50 years! Aussie told us that we would need to tear it down in order to get...
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    Wellington - country NSW

    I have a house in Wellington, country NSW. I bought it 2 years ago and am just totally unable to get any repairs done. I have been trying for 2 years to get the piers repacked and some other stuff. I have tried multiple builders, they just aren't interested. I don't know whether it has...
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    How to access money without selling?

    Is it in any way possible to get around this problem? I have a property which is my primary residence which I have rented out the last 4 years and I have paid off $200,000 from the loan. As this property is too small for us to all live in together (it's a one bedder) I am now looking at buying...
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    land tax on strata land

    In NSW and I dare say in QLD as well, land value is based on what the entire block is valued at, divided by the number of units. Say the block is valued at 2.5 million and there are 12 units, then that is about $208000 each. However the problem here is what the land is actually worth - in NSW...
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    Claiming costs of strata committee efforts on tax

    The strata manager does hardly anything, I personally think we have enough to take him to fair trading, that is why I am involved, but we are now about to vote on changing managers. The block is full of old people who have no idea and never get involved and appear scared of strata manager. All...
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    Claiming costs of strata committee efforts on tax

    Dear All, Does anyone here have an idea of how much one can claim on one's tax return for being on a strata committee? I am the treasurer of mine, and this year have done so much, and I'm just wondering what is a reasonable amount to claim. I have been busy with it constantly, organising...
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    Changing Strata Agent

    Brilliant, thanks. We are meeting with a potential new strata manager and I am inviting everyone (well, only 4 other owners) that have shown interest, that way everyone can ask questions. I have done lots of research and asked around and noted all the strata manager recommendations down. The...
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    Changing Strata Agent

    quorum definition: Thanks ! from the Act: 12 Quorum (1) A motion submitted at a general meeting of an owners corporation must not be considered, and an election must not be held, unless there is a quorum present to consider and vote on the motion or on the election. (2) There is a quorum...
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    Changing Strata Agent

    Numbers Thanks for all that info. Does anyone have the stats on the numbers one needs to get this change voted through? If there are 12 units, what are the minimum number we need to attend the meeting, and what is the minimum number we need to vote for change to enable it? I talked to Fair...
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    Changing Strata Agent

    Our block of 12 units would like to try and change strata managing agent, and I need some advice. The block consists mostly of owners who never come to the AGM and never get involved, and as such it has been up to the strata committee to constantly chase up the slack and recalcitrant managing...
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    Landlord's Insurance

    Thanks for letting us know Matt. My 2 properties plus current home contents would save me about $200 p/a if I switch to Real, plus my excess drops right down from a $1000/$1200 excess to a $500 one. I have heard that Aami are best with personal injury claims (had a friend who received serious...
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