Recent content by strangep

Thanks Duncan The place is in Brisbane and I'm starting to get a horrible feeling that I'm going to be in the same boat. I would also feel pretty hard done by in your circumstances. What is to stop a tenant breaking the window accidentally and then saying it was an attempted break-in...

Hi all Just a quick question about break-in damage and who should pay. I've just received an email from my PM stating that the tenant has reported an attempted break-in. The only damage was a smashed window at the front of the house. They (the PM) have apparently arranged for the window...

Hi all Have been away for a while so hope everyone had a great Christmas and a Happy New Year's :D This is just a quick question and hopefully not too tricky.... I have a couple of friends who are living over here in London and wish to refinance their Australian properties to buy here...

Thanks all for your replies. Have taken it up with the PM and am awaiting their response. Will let you know the result. Cheers Paul

Hi guys Forgive me father for it's been a long time since I last posted....:D Just wondering, for those of you who are having their rent paid to them once per month by their PM, are you having... 4.33 x (weekly rent - agents fees/charges/etc) paid into your account or are they only...

Hi MB, Geoff That's what happens with the insurance on our house over here and I'm expecting the same from Suncorp back home. Every year the sum insured for rebuilding goes up by an amount something like inflation. Cheers Paul

Hi Reeg Most insurance companies have a schedule of average home building costs for different types of build, usually quoted on a square metre basis. I think most of their estimates come from Rawlinsons Australian Construction Handbook. To work out the replacement value firstly you have...

Bugger We've just replaced a bathroom and didn't get the QS through before we pulled everything out. Is there any way they could estimate residual values of fixture/fittings etc if I could get my bathroom guy to come up with the old stuff that he's ripped out?? I suppose if we can't get...

Thanks asy I stand corrected :D Fortunately, I don't have any personal experience with the Family Court and my opinion was only based on the research I did on trusts before we set one up....I appreciate that it's probably very different in practice. Still hoping it all works out well...

Hi Chris There's some useful information at the bottom of the following thread posted by Mike (who is a moderator on the forum)... http://www.somersoft.com/forums/showthread.php?s=&threadid=6297 Hope that is of some help. Cheers Paul

Hi John I'm still a little fuzzy on this myself but I'll have a go at answering it anyway.... :D You have to think of the money you are actually outlaying to hold the property as money that's being invested, say into a bank account. You will also earn interest on that bank account which...

Hi abc Moved monies for deposit and purchase costs across at 2.6. Not as good as the 2.86 I got in September last year but better than the 2.38 I could get now..... :D Cheers Paul

Hi abc I was born and bred in Brisbane and have recently started to invest back there.....also have the latest UBD which helps. :D Cheers Paul

Hi AB Firstly, I second asy's thoughts and would encourage you to talk to your wife and try to avoid this if possible. If, however, there is no chance of ressurecting the relationship, correct me if I'm wrong but I was of the opinion that the assets of a trust could not be the subject of a...

Hi hwd Depending on what part of Birkdale you're looking at it's anywhere between 18 and 20km (straight line distance) from the GPO and about 6 - 7km by road to Manly. Hope that helps. Cheers Paul