Recent content by Property Meister

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    Ballarat

    i Just got a rates notice for my property, $1100 odd, which was expected, but also got a quarterly watter/wastewater access fee of $305!! is this correct?? I was told by council that water was like $400 for the year, makes the returns very poor based on a $170k purchase price
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    Rockhampton Flooding: For Owners of investments here

    Yeah I share the same sentiments, ,there is one thats almost $80k cheaper then the next cheapest one hence Im weighing up my options, and strange thing is on the council website there is 7m, 7.5m, 8m and 8.5m flood zones, and basically, the property is considered flood zone, but at 7m-8m, the...
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    Rockhampton Flooding: For Owners of investments here

    bringing up an old thread, In terms of an IP, how do flood zones affect your decision making, obviously, prices are lower, yields are higher, a property I looked at said in the last floods, water almost came into the houses, apparently 3-4 steps from the top, Can anybody give some...
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    How to deal with this dodgy builder?

    so other then him accusing you of making this a big conspiracy, he is going to take you to court AND fix the problem, or just the former?
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    Worth cold calling REAs to find more properties?

    I had a property that in my mind and according to a few agents was worth about $220-$240k, however, one agent insisted it was worth up to $300k, naturally she wanted me to sign up and start an advertising campaign, so I said to her, im not paying for an advertising campaign, since ive just...
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    Bought a house for $22,000

    Engelo, are you being featured in Augusts API????? Just read it, well done, and sorry to hear
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    What to build on 640sqm in Huntingdale/Oakleigh South

    640 student accomodations:D sorry, just had to!
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    Karratha gets a Hilton !

    as long as its not a Paris Hilton, then I recommend!!
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    Whats the Worst Tenant Application You've received?

    managing agent is friends with the agent that was managing the previous property and he got the heads up about the 1-2 convictions!
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    Ways to increase servicability

    Hi rixter I have never heard of this, is this a new or common thing? are there any drawbacks so as per your example you have $100k in your offset or LOC, you baiscally ask the bank/insurance company to pay you $20k pa for 5 years, I guess once you agree to it, you cant change your mind...
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    Whats the Worst Tenant Application You've received?

    Agent called and informed me that they had an application that they thought was a joke - 1-2 months behind when vacated previous property 2 months ago - Has a habit of turning the rear room into a drug lab - Convicted for murder/manslaughter Whats the worst one you've received???? Im...
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    Properties that have dropped 20-50% over the years

    great answer Token FUnder my guess, is that the really smart investors would not have purchased in these areas that have dropped by significant amounts, eg one area im looking at current prices are $130kish, 5-7 years ago they were $220k, prices were about $140k about 3 months ago, current...
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    Large Scale Insurance Claim for PPOR

    thanks mate, all good, I would have preferred they tore the house down and rebuilt it but thats certainly not going to happen:p ive read my policy but its all pretty confusing, other then accomodation for the humans, and animals, can I expect any other form of assistance or measures to make...
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    Properties that have dropped 20-50% over the years

    I think some people have missed my original question, sure some shoebox on the 100th floor in surfers may have sold for $2mill, and now be worth $1 mill, but for the properties that werent hyped up in the first place, and ignoring those that bought into a particular fallen area for a...
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    Early Access Clauses and conditions in NSW Law

    Anybody a legal expert/experience here, I am currently trying to organise early access for a rennovation for a property vendors have agreed, however solicitor says according to QUOTE "The purchase must not before completion - make any change or structural alteration or addition to the...
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