Recent content by Piffin Yonnies

Have just put down deposit on property with settlement due at end of Jan. REA that I’m buying property from is just around the corner from the property and wants to handle the PM. Thing is that the REA doesn’t have any full time property management staff, rentals are handled by the selling...

Have only just stumbled upon this thread, Ha Ha Ha well now I’m amused, you guys analyze everything. Well to set the record straight I did derive Piffin Yonnies from my childhood and yes Geoff throwing stones is correct. Kristine you can relax as I don’t intend to begin piffin any...

Kristine, I second all the praise heaped upon you above, your posts are magic and always inspire further thought which is something not easily achieved. Take a well deserved bow. Piffin.

Big thanks to everyone for their input, been a great help as is always the case. Will be on the phone to the PM tomorrow. Thanks again Piffin.

Four weeks ago tenants moved into my IP in Brisbane which is with a local REA, has been a long time since I’ve used a PM. Thing is I’ve not seen any paperwork or money as yet? PM called week prior to tenants moving in to confirm rent and term of lease and then two days after the date they were...

Kristine, rossv, bundy and ABCD Just the sort of input I was hoping to see, seems commercial property not for those that like the sleep easy factor. I currently have two res. IP’S and PPOR, like the thought of commercial property and always interested in gaining knowledge in all areas...

Have noticed that commercial property seems to be discussed rarely on this forum. Personally I’ve had no experience with it but have started paying close attention to it lately. I know the obvious risks involved with this type of investment (long vacancies, higher costs) but with the low yields...

Brenda thanks for your help, yes it's that final statement showing what went where that i'm waiting on. Guess i'll sit tight and trust that all will be attended to in time.

Three weeks ago I settled on property in Brisbane, frustratingly a couple of weeks before settlement I was informed that solicitors handling conveyance had been taken over and another person would be handling my purchase. Since that time I’ve had trouble with any communications with this person...

Have been in similar situation before. Ring local council and tell them you own the adjoining property or an aging relative dose and you're calling on their behalf. Say that fence needs replacing and you want to make contact with the owner, don't say that you're interested in buying the...

Thanks abc, will see how i go with my solicitor. Thanks Brenda, do intend to hang on long term but given that the pool and building works would be at best guess around 10 years old not sure that i would be able to claim too many $. Hopefully solicitor has relevant permits, if not might be...

Have just settled on an older property in Brisbane and followed up with quantity surveyor re depreciation schedule. He has reported back that I need to provide dates for inground pool construction and porch infill of front verandah (items he discovered during his inspection) by way of permit...

thanks See Change, Good point and well worth following up on.

Hi, Big thanks in advance to all you good people who help with input on this one. Six weeks ago I had handover on newly constructed IP which I had built in Bris (I’m in Vic.). Just prior to handover and settlement I arranged for building insurance. First tenants signed lease yesterday and...

Fair point, thanks Andy