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My tenant is behind in rent and looks like she is going to move out so there's a date set at the Tribunal for 13 August. To avoid the fees involved with the PM going to the Tribunal, can I go instead? I actually work in the same building and could just nick up there during work time. I'm...

This is probably wishful thinking on my part... My tenant is currently behind in the rent and have been issued a notice by the PM and the PM has advised me they will be catching up shortly (although it has now been about 3 days and still nothing). I am due to be paid by the PM today for rent...

My partner and I just bought our first IP and it will be settled in the first week of February. It's currently tenanted but we have asked for vacant possession so we would obviously like it to be rented ASAP after setllement (give or take a day or two for claning/minor repairs etc). When...

I have a strata report for an investment property unit we are looking at and can't make sense of the Balance sheet. (and I'm an accountant!) There's two areas: Owners' funds and then there is an area under that which says "Represented by:" which lists assets less liabilities to give net...

Just got a strata report for IP unit we are about to buy. Strata is high - and the majority of it is going towards $25000 p.a admin fund (+$1000 p.a in sinking) Total expenditure in the last 6 months is only $5000 so I'm trying to work out where the other $20000 is going to go. Also, if...

Hi. In the current Sydney market most REAs are pushing for offers including .25% deposit and the front page of the contract signed. My question is..If you sign the front page, are you agreeing to the entire contract as it is? I.e. do you need to get any questionable special conditions/clauses...

Has anyone ever had an experience with an REA where they haven't been told there were already other offers for $XXX? I looked at a property yesterday for IP which is pretty new on the market and was told there'd already been a rejected offer of $315K (Currently advertised at $339,500). I...

Hi, Just looking at the Spring RP Daties figures for properties and am trying to figure out how they come to their "Gross Indicative Rental Yield" figure. I thought they would take the annualised median rent figure and divide it by the median price but if I do that calculation I get...

Hi, Finally getting the ball rolling with pre-approval for an investment property and now am looking for suggestions for a good accountant to talk to. My partner and I are starting small, with an aim of reducing the length of our current home loan, so am not looking for someone who can...

Hi, I'm a newbie here...be nice. I'm looking around for our first investment property in the Lakemba/Roselands/Wiley Park area. We're looking at paying about $300K maximum and am wondering whether it's worth paying for a buyers agent to do the work for us. My partner thinks it may not be...