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Hi all, We are just about to settle on a new investment property and as such have an investment property loan on the place but we think we want to move in now instead! Does anyone know if there are rules (ANZ) regarding having to rent a property that is purchased under an investment loan...

Hi all, I was hoping someone here may have had some experience with extending a brick house (concrete slab) out under the eaves. We have a PPOR in Perth that we are hoping to reconfigure and extend but of course we have a tight budget with which to do it so I am trying to consider every...

O.K. forumites, I have a challenge for you! I had a tenant do a runner this week (though kind enough to leave the keys :rolleyes:). House is trashed, $1866 rent arrears and an existing court date coming up on the 25th. Now, the question is, how can I find him? Do any of you have any...

Has anyone ever heard of a tenant actually be fined the penalties that are listed in the Residential Tenancies Act? One in particular comes to mind - not paying rent in the last month of a tenancy because 'the bond will cover it'. I hear this happens all the time and the penalty is $1000 but...

I had a chat to someone at Consumer Affairs this week regarding whether or not SMS is acceptable as a form of providing something 'in writing' to a tenant. His response was no, because it can't be printed out and presented in court with dates, etc (though I noticed my phone has a 'print'...

Does anyone else have their tenants pay their rent calendar monthly? Have you had any problems? I've just had a tenant on the phone yelling at me that I advertised a property for $425/week and after they signed the tenancy agreement (which had the calendar monthly amount due in it) I 'uped...

I'm in WA and am having trouble raising the rent (or rather - with the tenants)on our IP. The tenants signed an 18 month lease last June but I included a clause stating that there would be 6 monthly 'rent reviews'. We have now reviewed the rent and have decided to raise the rent for July to...

I am going completely insane!!! We have had a 35+ yo property in Lesmurdie (W.A.) for seven years. The first two tenants (1=family, 2=single person) had no problems with the plumbing at all. The 3rd tenants (young family) have been in there for nearly 18 months and we have had to call a...

To all of you self-managers out there - what do you do when you inspect a tenanted IP? Do you: Fill in another property condition report? Inspect when the tenant is at home/not at home? Generally check property for cleanliness/ required maintenance? Forward any sort of...

Hi all, I found this website that may interest some of you. It's a Queensland-based house-removal and re-sale company ( I hope this is the right place to post this link): http://www.dalbyremovalhomes.com.au I thought the before and after renovation pictures were particularly...

Does anyone have any experiences with turning an existing bedroom into an ensuite. The house is nearly 30 years old, brick on cement slab. I see the plumbing presenting the biggest problem - but surely it's a fairly common renovation? Any comments/ideas?

We have just had our tenants move out of our IP after 2 years - and they have thoroughly killed the lawn. This lawn was thick and lush (care of previous owner) when they moved in - a real selling point. There is not that much of it plus a bit of garden, all automatically reticulated AND we paid...

I have a new prospective tenant (nurse) who said that her rent would automatically be deducted and paid from her pre-tax pay as part of a salary package. Has anyone experienced this before? How likely is there to be problems with the rent being paid and on time? (assume this would be as good...

I hope this is the right place to post this... I joined the Cathy Jayne email updates from her website after her story on A Current Affair recently and this email arrived yesterday. I thought it might interest some of you South Aussies: CATHY JAYNE & GARVAN FINANCIAL PLANNING Invitation...

Hi all We are about to organise new tenants for one of our properties (self-managed) and we have decided to have the new tenants pay by direct debit (due to non and late payments from tenants in the past). What I want to know is how many of you successfully use direct debit? Have you ever...

We have a 30yo red brick/tile single storey IP amongst huge expensive houses with million dollar views over Perth that is due for new tenants soon. Unfortunately the property has perfect-condition BRIGHT AQUA axeminster carpet through 50% of the house (hallways and living areas). My...

Hi all, I want to know if any of you currently have property in Port Hedland or Karratha. I'd like to know a bit more about the best areas for investing as well as how good GEHA/BHP/other long-term tenants are. I've heard that although the yield is pretty good, property management and...