Recent content by Sherene

Thanks for the advice; I was feeling a bit bad about saying no to paying for the work, but because the cupboards are in good condition and don't really need to be done, decided to split the cost with the tenant. And also double check the colours used prior to any work being carried out...

Hi all One of my tenants would like to paint the kitchen cupboards and also replace the door handles; my question is who is responsible for the expense? I guess it depends on the arrangement that I have with the tenant but assumed that this type of work would be at the tenants expense, as...

Hi Geoff Glad to hear that the tenancy situation has sorted itself out (somewhat) and good luck with the rest of it.

Hi Rambo I also bought an IP in Mackay and settled late November 03. Paid $86,000 for it and it was rented prior to settlement at $130 per week so I'm pleased with it (I am unfortunately guilty of being one of those interstate investors; something similar in Sydney would cost a heck of a lot...

oops... should have said that I live in the ACT, soon moving back to Canberra and then over to Denmark mid Jan 2004, so PMs are definitely on the cards for me (imagine a tenant ringing / emailing me to fix a leaking tap and trying to organise it from o/seas is just too much to worry about!)

I've just purchased a couple of properties, one in Mackay and one in Oakey... Am going to use PMs just to save on the hassles but know how you feel, as went through the same 'will I or won't I' as you have. It's a relatively small cost for peace of mind I reckon..just keep in touch with...

I've done it! Finally bought a couple of IPs in Queensland (Mackay and Oakey) and feel pretty pleased about them both (although the process was a bit scary along the way - what if this? what if that?) I would appreciate advice on termite protection that people have used for properties in...

Hi I was wondering if anyone has had issues with what I would consider minimal funds in the admin / sinking fund? I am looking at purchasing a property in Mackay (2 BR, 2 storey unit) and have inquired about body corporate funds, amongst other things. I've been told that they have about...

Many many thanks to all your suggestions and advice...much appreciated (I'm really enjoying using this forum)

Hi I would like advice on buying a property sight unseen - I know that it is generally best to see what I am buying, but not always possible when the properties are in a different state.. The property that I am looking at purchasing is about to be built so am fairly confident that it wont...

Hi Does anyone have any recommendations for a good solicitor in the Toowoomba - Kingaroy area? Ive been told that if I purchase property in Qld then the contract needs to be reviewed and settled by a Qld based solicitor.. Thanks

Hi I have a couple of questions that I would appreciate advice or thoughts on.. I have one property (PPOR) and am considering refinancing for IO to buy another property (2 IPs) However, as I am moving to Denmark mid Jan 2004 for 5-7 years, I am concerned about the tax implications of...

Hi Any thoughts on whether to buy units or houses? Family keep telling me that it is the land that is the important thing but am thinking that units are also good for positive cash flow returns... thanks

Hi Les / Bundy I was looking again at your responses and wanted to see if I had the right idea re. offset accounts IO and using the offset to 'store' spare cash. I'll use the following as an example to see if I am on the right track (please bear with me if the example is a bit long)...

Thankyou to all for your replies...hearing that a defence HQ is being located close by is a good sign for the future, I reckon...