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  1. J

    Development JV's

    I too am in the same boat. The blind leading the blind isn't always necessarily that bad. I mean we're educated people who strive to make a difference - we're already taken that next step by being here in this forum. Even if we do loose out.. Split between 2 or 3/4 etc. How much could you...
  2. J

    Toowoomba PM recommendation

    Professionals Insights - ~8.25% pretty happy with their services. Very good comms so far Mind you - Its a small team - i deal directly with their owners who runs the PM side of things. Its nowhere the size of McGrath and one of the reasons why i chose it..
  3. J

    What are you property manager fee?

    Ace - who are you with in Brissie? Wondering if possible to jump into the same deal if you are happy with their services? I've got family with IPs in Gladstone, Toowoomba, Townsville, Brisvegas so far.
  4. J

    What are you property manager fee?

    5% flat - CBD boutique agency. Only other fees are letting. Brisbane 8.5% - i pay my own bills (am looking to change - as this is with the company which built the block) Toowoomba 8.5% - professionals
  5. J

    How to grow a multi-million dollar portfolio on an average income

    If we go through brokers, does the banks take that into consideration when reducing interest rates? I am 90LVR on 1.5m portfolio Cba wouldn't even budge on under 1%
  6. J

    Property managers - why not get a group discount?

    This thread has gone off topic or that i didn't specify myself clearly. I was hoping to see if we can band members together to move services to a single PM. I don't necessarily have multiple IPs in the same location so hence the question. Its a big ask which hasn't gotten too much heat at the...
  7. J

    Property managers - why not get a group discount?

    Got a few private message offers and also one below I'm hoping somersoft member can band together and create a branding... It could be the same thing as discounts for smoke alarms and also insurance! We've done this as a family to change banks.. @Morbious - anything is possible...
  8. J

    Property managers - why not get a group discount?

    I am wondering if it is possible to get a discount of PM fees? I've got 2 properties in QLD, 1 in Toowoomba and the other in Brisbane city. Everywhere i've looked in Toowoomba or brisbane city - their rates seems to be 8%+GST minimum + this + that. I was able to negotiate with the PM in...
  9. J

    Toowoomba Property Manager

    Has anyone on SS considered trying to do a group discount with PM in QLD? I have a few properties combined with siblings and we negotiated a good rate in NSW; however with my single property in toowoomba and sisters spread across QLD... the PM doesn't seem to negotiate much on their rates.
  10. J

    Brisbane Property Management - Rental Guardians

    Agree; if they are exceptional however you will never find out. That company who's marketing flyers are in green has awesome marketing; great ads for their clients and even an ipad app! That doesn't necessarily translate to their PMs... you'll really just have to find out. Agree with you...
  11. J

    Brisbane Property Management - Rental Guardians

    Also keen on any reputable agents who doesn't charge + this and +that and has <8.x% mgmt fee. Oh and no - some of us do not have multiple properties so hard to negotiate... Some +'s i've seen... Half week's rent + gst for renewing a lease? Give me a break. or better yet Charge for each...
  12. J

    Smoke alarm compliance

    What it doesn't quite say is though... do you need to provide proof or evidence that it has been checked or signed?
  13. J

    Smoke alarm compliance

    from RTA & REIQ - for QLD Hi Wylie, This is no longer quite correct. - The tenant is still responsible if the battery goes flat within the tenancy however it is the landlord who is responsible for changing the battery and ensuring it works at the start of a NEW and RENEWAL of tenancy...
  14. J

    Is it law to provide tenants a dryer in your unit?

    LINK LINK2 Can't find something in the fairtrading act or any australian links. it seems it is common that if you supply it and without any details within the contract, the landlord may be liable for its upkeep. If it was never provided, the landlord is not bound by law. ?
  15. J

    Is it law to provide tenants a dryer in your unit?

    I have a really old dryer which i know would probably fail sooner or later. I have said this machine is optional within the unit. Can i ask if it is law, that it’s the landlords responsibility to give the tenants a means to dry their clothing. This can either be a clothes line or a dryer?
  16. J

    PM fees. Devil is in the details....

    This may have been asked before but I can't seem to find it. I have approach a few Pm in the local area to compare fees and they vary. But what I wanted to confirm was: - initial letting fee from 0 to 1/2 to 1 wk rent with or w/o gst. Up to you to negotiate - mgmt fee - dependent on where you...
  17. J

    Gettings tradesmen / builders to stick YOUR the time line?

    Perhaps not so for builders but more so for electricians/ plumbers/ tilers (?). ie. only thing i can think of is progress payments, and not based on effort either. If the total days were 2 days effort. then first payment is only 10%. 2nd payment is 90%... this ensures they will definately...
  18. J

    Gettings tradesmen / builders to stick YOUR the time line?

    I am wondering if there is anything we can do contractually to get builders/ trades to stick to our timelines? Naturally there are the unexpected and uncontrollable issues however, lets assume that whatever reason provided is 'BS' or i dont want to believe it. How do we hold them accountable...
  19. J

    Laws Auction kitchen quality? Engineered stone benchtop quality?

    Laws Auction - quality of bench tops/ stone I spoke to some benchtop installers and they have mentioned that it is not common to find their engineered granite or stones not perfectly level (the stones are made in China, cut and polished and then shipped over). In some cases up to 20% of the...
  20. J

    Laws Auction kitchen quality? Engineered stone benchtop quality?

    Just went down to Laws Auction in Wetherill Park yesterday. When browsing around, i decided to get a quote since the MD there said would take about 5 minutes. Previously i had a quote (the cheapest from a joinery) for a 13 cabinet U-Shape melamine kitchen without benchtop for $3.7k! No...
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