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  1. Ellmay

    Should I cut my losses or hold on?

    Hi, I have a 3x1 IP in a not so desirable part of the Gold Coast. It's been problem after problem, I've been through 5 tenants in the two years that I've had it (all of which have been problem tennants, breakages, repairs, arrears etc. The neighbours on both sides and the back are constantly...
  2. Ellmay

    Loan structure advice?

    Hi, I have a couple of questions if someone could please help :) 1) I'm currently applying for finance for a unit I put an offer on on the Gold Coast (Tugun beachfront). This is my third IP. Although I've been through the buying process twice already I'm still a little unsure of how to...
  3. Ellmay

    Extensions/add on's un-approved by council

    Hi, Looking at purchasing a property that has had a lot of add on's and extensions over the years from different owners - some of which looks very DIY. What happens if we investigate and find that some or all of the add ons aren't council approved? Where do we go from there? Thank you
  4. Ellmay

    Splitting house into 3 separate dwellings

    Hi, I'm looking at purchasing a 3 story house in QLD with ocean views and a pool. It would be pretty straight forward to split it into 2 or 3 separate self contained apartments (we would sometimes live in one of them) and rent the other one or 2 out to strangers permanently. What sort of...
  5. Ellmay

    Proposed Casino in Nerang, Gold Coast?

    Hi all, Whats everyones thoughts of the likelihood of the proposed casino build in Nerang going ahead? Would be great for the area if it did...
  6. Ellmay

    Turning garage into separate dwelling

    Hi, I was just wanting to get everyone's opinions on turning a garage (that's attached to the house) into a self contained studio on one of my IP's? I'm looking to create some more cash flow from this property and the land size (430sqm) is far too small to add a granny flat. Just trying to...
  7. Ellmay

    Insurance question

    Hi, Stupid question, but I've had landlord insurance with Suncorp for a few years on my IP but really wanting a bit more cover on the tennant side of things. I've decided to go with EBM for landlord cover and home/contents cover with another company as EBM don't cover flood. I was...
  8. Ellmay

    Does this sound right?

    Hi, My PM recently breached my old tennant to leave as she stopped paying rent for about a month and was always in arrears etc. Left the house in a shambles etc. All the good stuff. Anyway, the tennant has left now but agreed to pay back the rent she owes me (aprox $1,300) as a payment plan...
  9. Ellmay

    Vinyl flooring installer recommendations Gold Coast

    Hi, I'm looking at getting new flooring in my IP. Leaning more towards vinyl sheeting/planks. Can anyone recommend any flooring specialists/installers? Also, are there any outlets that sell seconds or discontinued stock at clearance prices? Thank you in advance!! :)
  10. Ellmay

    Terminating a PM?

    Hi, I'm wondering if I have warrent to terminate my current PM without giving notice. I've been with them a year now, and so far encountered these problems: - Taking months to send out inspection reports and not telling me about maintenance requests that were outlined in them...thus...
  11. Ellmay

    Cleaner Gold Coast?

    Hi, Does anyone know of a good/affordable cleaner on the Gold Coast? Its for bond cleaning. Thanks :)
  12. Ellmay

    PM for Nerang, Gold Coast?

    Hello there! Looking for any recommendations for a superstar property manager in the Nerang area. I did a search on it but didn't come up with much, all a bit dated. Very much appreciated :) :)
  13. Ellmay

    Terry Sheer for LLI, but what about building insurance??

    Hi all! Been a while since ive posted. Back into the property game, just signed contract for a property on the Gold Coast yesterday and need to find building insurance. Property is 3x1 freestanding. From what I've read on here Terry Sheer is the way to go for landlord insurance, but im not...
  14. Ellmay

    re-stumping - advice/opinions

    Hi all, We've just signed a contract for our IP #2, knowing that it needs to be re-stumped in the next couple of years or so (thus getting a $10,000 discount off original listing price). But because of the uneven floor, the doors don't shut, there are some cracks in the walls, and some minor...
  15. Ellmay

    PM in Logan area

    Hi, Im going through all the PM's in the Logan area for our first IP in Loganlea. Settlement is in a week. Just wondering if anyone has had experience with Remax - Lisa. Or Swan Real Estate - Leh? Or does anyone have any suggestions? Want someone personal. Swan RE seems to have a...
  16. Ellmay

    PM in Loganlea

    Hello! Does anyone know of a good Property Manager in Loganlea area? We'd love one with low fee's and takes the time to find good tennants! Thank you :)
  17. Ellmay

    Buyer Beware

    Hi all, Could someone advise where I can get Steve McKnights Buyer Beware templates etc? Thank you!
  18. Ellmay

    Home Insurance

    Hey everyone, newby here! Just a question about home insurance... My partner and I have just brought an investment property in Loganlea, currently under contract...so we need to get a cover letter from an insurance company. Can anyone suggest some good insurance companies? We dont need...
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