Recent content by whippee

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    Trouble with PM

    another question, can the bond cover the loss of rent. We will be getting all of the bond back as the tenants have vacated our property. We think it will cost a few hundred dollars to clean the place up ect. What about the rest of the bond money, can that be used to cover the last six weeks...
  2. W

    best landlord insurance?

    as we can considering managing our property ourselves, what insurance company would some of you recommend. we are currently with terry shearer but if we manage ourselves, they wont cover us. thanks
  3. W

    Trouble with PM

    yes we have a copy of the inspection report
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    Trouble with PM

    just found out that the roller door is no longer working properly and it was fine when they moved in. My question is, this should be covered from the bond money right? What about last five weeks of lost rent, can this come out of the bond money or do I have to make an insurance claim...
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    Trouble with PM

    This alone is a sackable offence in my book. Any serious agent will hold inspections on Saturday mornings, because most prospective tenants work during the week and can't come to an inspection at 2:15-2:30pm on Tuesday! Agents and PMs are supposed to work for landlords, they are supposed to be...
  6. W

    Trouble with PM

    thanks for replies. If we decide to do it ourselves, is it worth while purchasing one of those rental agreement packages? What about forms for pretenancy inspection? do you all give receipts on rental payment? If they pay via direct deposit, do you post a receipt out each week or month or...
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    Trouble with PM

    Hello all, We rented out IP out at the end of feb. We hired a PM from a well know company. The last rent we received from the tenants was the 23rd of march, so we havent received anything for a month and a bit. We got a letter from the pm saying that they have issued the tenants a form 2 2...
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    offset account question

    Hello, We are settling on our new ppor on wednesday and the home we are living in now will become our IP. If was am to set up an offset account, would it be linked to my IP loan(interest only), or my PPOR loan(PandI)? And why? I was reading about offset accounts and became quite...
  9. W

    who pays for "searches?"

    thanks for all the replies. Like i said the vendors pay when they sell, then we pay when we buy if after ninety days since last search. Ill pay the doe and be for sure. Thanks Andy
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    who pays for "searches?"

    Hello everyone again, Another question. We are settling on another house on the 24th of feb. I got a call from the conveyencer yesterday and she stated that there was a search ( for title, council ect ect.) done in november last year and it was all clear. She said that because the search...
  11. W

    just a general tax question

    Hello, My question is, if I make an insurance claim on an IP, can i claim my insurance excess back on tax? Thanks Andy
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    IP spreadsheet

    shivers, thanks for that I didnt see those andy
  13. W

    IP spreadsheet

    I am just wondering if someone on here can help me with a spreadsheet for our IP. I am after one that has a general overview of the money coming and going ect ect. Thanks again Andy
  14. W

    Here's the deal

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