Recent content by pete_pumpkin

lol sounds like fun. Yeah I'm just a bit cautious...

Hi, I'm is South Austalia. I recently had a tenant evicted and I was wondering what the law is regarding the tenants mail. Can't seem to find any info in the act. Thanks Pete

yeah I don't have an issue with the audit thing - I just think that they shouldn't be leaving it so late ie August 2007 purchase date ($7k used towards a deposit)- the funny thing is aswell, is that I think they can only prosecute up to 3 years after the offence (looking into the paperwork)(just...

Hi, just wondering if any body has experienced this. I bought my first property some 3 and a half years ago. I claimed the FHB grant of $7k. I lived in the place for over six months as stated in the terms of the FHB. The other day I recieved a letter asking me for proof that I live in...

we never used anything extra, but did have to use 3 coats to cover nicely. water based paint iirc. Slightly different situation, but i recall a simmilar issue. We had written some measurements in biro on the wall. No matter how many times we brushed over it using water based, it would pop...

I pulled down a fibro cubby house the other week. It was made from a material called 'Hardiflex'. I did do a bit of research to find out wether it contained asbestos and I couldn't really come to a conclusion. The house is built in 1983. The cubby quite possible was a later job. Looking on...

Thanks for your rresponses. I'll talk to the PM on Monday, I'm sure she'll be able to work something out. The previous tenant is renting another property with the same PM - so I'd say if he's tried to do a runner etc (he's not all there), she'll be able to send him the bill. I had the...

Hi, I had a tenant move out of one of my properties a few weeks ago. The power was still connected. This was great as it helped with the renovations that i did. But now I've come to the realisation that the new tenants which move in next week may not bother to sign the power into their own name...

Nah I haven't as it's still installed in a rental. The tennants haven't complained about it yet, but it's getting to the stage where soon one of the cupboard doors won't be able to open. I've searched the internet and it does appear that a few people have had simmilar problems with the...

We did a Bunnings flatpack with an Ikea bench top. Within a year, the bench top has started to swell along all the joins, even sections that are well away from the sink. Will have to be totaly ripped up in the near future. Definately do not recommend the IKEA bench tops! EDit: the...

Thanks Alysha. I saw an accountant today and am very pleased with the results. I had calculated an expenditure of around $28k for both my properties. With the accountants help this sum rose to approximatly $35K - thus increasing my return by quite a bit. I think it's well worth seeing an...

Ahh that's excellent. Time to see an accountant tommorow I think. Cheers, Pete

Can I still claim the borrowing costs such as LMI etc over a number of years on a property that was my ppor but changed to an IP a year after purchase? How would this work?

Both my properties have people on centerlink payments. One has a disability pensioner and the other has a recent immigrant who is studying. No issues in regards to money. Both are about to sign another yearly agreement. I think it's an individaul thing. I reckon if the case was that the...

I'm just trying to work out what I can claim back in my situation. I bought a PPOR which I turned into an IP about a year later. Pretty much at the same time, I had this property refinanced so that I could use the extra money for another property. What can I claim back? LMI,bank fees...