Recent content by Travelling

Hi, Need new manager asap. Properties in New Lambton, Mayfield, Shortland, Macquarie Hills and Speers Point. I remember somebody mentioned a good pm in Lambton somewhere? Also what % would you expect to pay for rents of approx $2200 per week? Thanks for any help.

We have had a property for 5.years - 4 bedroom house with av2 bedroom flat - council approved and seperately metred. Recently the tennant in the flat noticed the lightnin the houses laundry didn't gonoff during a power cut to the house. Turns out the flat has been charged for electricity to...

Warners Bay is very close to Charlestown and is right on the lake, has it's own bustling shopping centre, free Friday night Music in The Podium that draws hundred of people in summer, a gorgeous village feel, 3 schools, 2 child care centres, and lots of old housing stock yet to be...

My opinion - definitely New Lambton. Is it on Kings Rd? We have one there that has grown much quicker than a property at Shortland bought for a similar price, even though the Shortland property has more land and more 'potential.' Don't know if others who know Newcastle think Shortland and...

If they'd moved in and YOUR situation had changed I bet he wouldn't have agreed to rip up the contract and move out to meet your needs!

Agree with Ausprop. How does it benefit you to let him out of the lease? If he wasn't sure enough of the relationship to sign it, then he shouldn't have. Not your problem. Doesn't mean he has to live there. Doesn't mean she can't stay and pay the rent alone. Just means you have two people...

Leah Jay is REALLY expensive (I think it was something like 12%) and when I went into their office at Warners Bay to talk to them about the 11 properties I was looking to have managed, the Receptionist let me know there are no discounts available, no matter how many properties a client has, and...

For my first 3 properties, it asked for an address and gave me a valuation. For the next properties, the initial screen to provide address won't pop up - it goes straight to the second one where you create a nickname and link the property, hence....no valuation. Any ideas anyone??

Yakes. Meant to post this in the economics rather than finance area. Can anyone tell me how to move it?

Find myself getting despondent because of lacklustre growth, especially compared to the glory days of the 80's and 90's, and dreaming of/wishing for a boom. Then I realise that 'on paper' growth would only disadvantage us. Our accumulation phase is over (10 property goal met - though the...

Hi, we have 3 IPs in Warners Bay, and have lived there for 10 years. Don't know what the official stats are, but we have found vacancy rates to be less than zero (ie people waiting for a property to become empty.) 2 good local public primary schools to choose from, and one Catholic (saw a...

Hi PT Bear, could you elaborate a little please? We have over 3 million debt with the one lender (Commonwealth,) and have never had any trouble. What are the benefits of having 2 - 3 lenders?

For us it felt instinctual, though it probably wasn't, because of course we were calculating the total of the rents as we were accumulating. I just know that I went from being on fire to look at/buy property, to being excited by the idea of getting stuck into reducing the debt, or saving money...

Hi Scha, for most of the time we were on one income. When we bought our first home, I was at Uni and hbd worked. We went to Europe when I graduated, and when we came back we both worked for a year or so, paid down every cent we could, then I had 2 years off to have our daughter and son. When...

Hi, I asked for some advice last week and people were really helpful, so since I've lurked here for years I thought it might be about time to take a deep breath and contribute a bit. What I enjoy most (both here and in YPI/API) is reading about other people's investment journeys, so here goes...