Recent content by Olive

we're looking into the by-laws at the moment but could not see any mentioning. The room by room plan would give us a 9-10% yield. If it is leased out as an 3 bed only around 5%...

Hi, Does anyone know of a PM who is willing to take up leasing room by room? The property is in Sydney upper north shore. We are thinking of converting a 3 bed townhouse into a 5 bed by adding in a couple of walls in the living area. Spoke to 3 different agents already non of them are...

Hi, Don't know what to do from here on.... Just in the past month two friends passed away both at the young age of under 35...we started to think may be we need to better look after ourselves and enjoy more NOW not later. Buy something we 'like' to live in i.e. house on land which has...

That's right just sharing our experience. In fact we believe one day Frankston will take off. It's our decision to exit we don't have another 7 years and can no longer afford it. If we can find a solid good property and a reliable pm we still won't buy in frankston again coz poor quality...

That's why its important to research on what sorts of people are renting in the area. Professionals can afford the rent, young well educated people can afford the rent and are mostly very reasonable. Not like our past tenants, either a partner with teenage children, then he has a mate, the mate...

Just over 650 sub dividable, and the location. That's the only thing buyer would go for.

Agreed. We brought the wrong property, on a good street witin a good pocket. Its the property itself, plus PMs handling. There's a fact though most tenants are poor quality either late in rent or no pay. Would like to hear those who made good profit from Frankston in the past 7 years, what...

We had prob with our first agent, they are well known. We interviewed her face to face, then it went down hill. From one PM to few assistants to refuse to put the rent up and encourage tenants to seek compensation from us. Then we sacked them found another one, worked with him for 5 years...

How to find a good PM? What to look out for? While another PM currently looking after our Sydney Granville property is absolutely 7 star. Communication all through emails and phone, no difference to the dealing with our Frankston agent. Although it's only a short 30mins drive we've only met her...

Dear Frankston, Our time with you has come to an end. We have decided to sell the property at a cut throat loss. Bought at the wrong time, every local PM worked for tenants, poor quality tenants, rent in arrears, threads to VCAT. Massive ripped off from tradies total forced to spend over a few...

The only problem is that whenever there is a transfer of $ into our account PM issues a statment. Each statement cost a few dollars. For a period of time there were multiple statement within a month. One month we had 3 statements. PM said they must issue a statement whenever there is a money...

Hi Jingo, Would you mind tell us which agent u had bad experience with? We're look at changing PM, message me may be? thanks Olive

It's encouraging to know someone did the same and that it worked! Many thanks :)

We put down if they plan to sell within the next 6 months give us a call we will be interested and they save on agent sales commission. We said we are not agent and only want to buy a place to live in. Left our name and number. Was just a simple note sealed in an envelope addressed to the home...

Old fashion letter drop, that's what all the local agents do, they letter drop promote themselves ask you to contact them if sell. We get a full box of those all the time. We thought rather sit there and wait why don;t we print some letters and drop straight into the seller's box? which we...