Search results

  1. J

    Tenant end of lease difficulties

    Hi guys, I'm after some opinions on an exiting tenant situation that my PM is trying to manage. Due to a number of issues with a tenant in a townhouse of mine, primarily a large series of domestics/noise complaints and more recently some late rent resulting in a couple of breaches, we...
  2. J

    Doing own repairs when property is managed?

    Hi guys, During the recent Queensland bad weather my IP affected had two fence pailings fall over and I've since had a request forwarded to get a handyman to fix it. I know it won't be expensive it's just annoying when based on the photo it would take 4 nails to fix it. Is anyone able to...
  3. J

    Shower base repair/replacement

    Hi guys, My IP's shower base seems to be pooling water in one corner and the tenant has complained about the mould that builds up every week from it. Any recommendations of who I should get the PM to arrange someone to inspect/fix the problem? i.e. handyman, plumber, or other? I...
  4. J

    Professional Package Fees - eTax

    Hi guys, I know the cost of bank fees are tax deductible for IP's but I'm trying to figure out exactly where to put the amount down. The only two areas I can find that I think it might come under are: * Income Question 21 Rent - (F) Borrowing Expenses. * Deductions D7 - Interest...
  5. J

    Renewing annual insurance twice within financial year

    I finalised the purchase and began renting out my IP in July 2010 and during that month I paid Landlords insurance for the year. Within the last few weeks I got my renewal notice which is due to be paid before some time in July. My question is, if I choose to pay it before 1 July 11, can I...
  6. J

    Lease renewal and the state of the Sunshine Coast market

    Hi guys, My IP in Buderim on the Sunshine Coast comes up for lease renewal at the end of Jan and my PM sent me through an email today recommending we increase the rent by $5 on a 12-month lease. The property is at the lower end of the market being valued in the $300-$350k range. I know the...
  7. J

    Strata Title Mortgagee Protection

    Hi guys, My wife and I recently signed a contract for our first IP in QLD which is part of a group of townhouses. I'm trying to make sure I have all the right insurances and have a couple of questions. As far as I know the body corporate has the building insurance and public liability on...
  8. J

    Damage from a burst hot water pipe.

    Hi guys, this question is from the tenants point of view. The property we are renting burst a hot water pipe in the roof in the kitchen after the extreme cold in Canberra this week. I came home from work to find a jet-stream of hot water coming from the kitchen roof, the house flooded and much...
Back
Top