Recent content by oneguy

  1. oneguy

    Leak in Shower Pipe - can I claim on insurance?

    Thanks for the reply. Appreciate it. Which insurance company would that be? Wouldn't think it be the landlords one that I hold. And the strata one is saying the pipe is only servicing my unit so it's not common property - and therefore not them. Also the wall was damaged because of the...
  2. oneguy

    Leak in Shower Pipe - can I claim on insurance?

    Had a leak in the internal shower pipe which eventually resulted in the concrete wall behind the shower ( the bedroom wall) being damaged, and the wooden floorboards being warped. I'm the landlord of the strata unit in question. How do I go about claiming insurance here? From what I can...
  3. oneguy

    Tenant maintenance requests

    Assuming he didn't check with you first before purchasing, I'd be wary of just ok'ing this. Could set a dangerous precedent and you might find a receipt for something even more dearer next time. Perhaps ok this one but warm him to check with you first next time.
  4. oneguy

    Self Managing IP

    I'm considering doing the same thing. Excellent tenant and unhappy with current PM. In terms of handover material what can I expect to receive? Keys Signed lease Copies of any correspondence Copies of past inspection reports Copies of tenant application and references Anything else...
  5. oneguy

    Lower North Shore Sydney

    I was driving through Cammeray around that time yesterday too. It did seem a bit lighter than usual, but not that much lighter. It does depend on whether there's an accident or breakdown, even if that's several kilometers ahead, as that as a flow on effect which reduces traffic to a crawl...
  6. oneguy

    All Aboard!!

    Judging by your responses/clarifications, you have indeed learned a lot Compleks. and I think your reaction to hobo-jo where you don't mind the bluntness is good, after all this thread is titled 'ALL Aboard!!!' :)
  7. oneguy

    Viewing property while owner is there

    Haven't experienced too many owners there but have experienced a few tenants at open inspections. Yeh a bit awkward entering their bedroom when they're there (usually on their laptop ) but generally they don't look up so I jus ignore them and carry on, pretending they aren't there. Only thing I...
  8. oneguy

    when to get depreciation/CGT report and valuation

    Can't Help re CGT, no idea. But I terms of depreciation, unless it's going to be a significant amount, where you can apply for a tax variation, it can wait till you submit your tax return. I'm by no means an expert so hopefully some one more knowledgeable can confirm or deny this. Also you...
  9. oneguy

    What's the REA's strategy now?

    Just so I understand correctly. Is the - there meant to indicate a 'minus'? As in the comparable doesnt have a double garage nor an extra bedroom Or is it, the comparable has a double garage and an extra bedroom and prop you're interested in has no garage or a single garage? In answer...
  10. oneguy

    Being played by REA

    Yes agree. Walk away. If the come back with original $5000, which they probably will, if youre still interested, counter by saying too late, its now $10,000 discount with a 24 hour deadline. Good luck and keep us posted if they come back.
  11. oneguy

    Pre-settlement Inspection

    Thanks Terry and Jamie. Was just thinking that seeing as the tenant is remaining at the property the answer might have been different but I see now its not. I guess there's still an element of risk if you do an inspection the day, or the morning of the settlement because they could strip...
  12. oneguy

    Pre-settlement Inspection

    Settlement is due on an IP at end of this month and tenants are on lease till early next year. Under that circumstance, just after your thoughts whether you would conduct a inspection just before settling? Its near by so not a big issue but does anyone NOT do these inspections if it's...
  13. oneguy

    New to IP are there any IP Seminars worth going to?

    Second that. Lots of resources available. This forum and a couple others are a great start. A few blogs from various experts. Books and magazines. The property investment shows on Sky Business channel on Saturday mornings and I have also subscribed to a couple of podcasts which has been...
  14. oneguy

    Faulty Hungry Air-Con in Rented unit

    If the AC was indeed faulty, then you may some grounds, but it's just a case of the AC being inefficient then I'd say no. Sounds like its "Hungry" but not "Faulty"
  15. oneguy

    What's a reasonable amount to increase rent by?

    Yeh fair point. I just thought the PM had a better feel for what's a fair increase.
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