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So we have a family living in our townhouse. The property is managed by a professional PM. Obviously they did a bad job at screening and we now have tenants who do not pay rent on time. The payment we do receive are sporadic. They are currently 17 days in arrears. Two notices of termination have...

Hi. I am a newbie Property investor. We have our first set of tenants moving out soon and will have 2 days where the property will be empty before the next ones move in. We want to do some minor DIY jobs around the place to improve it and hopefully minimise wear and tear over time. We...

Hi All Our IP townhouse needs the ducted aircon repaired. It stopped working last week. The PM had someone in to have a look and investigate the cause of the problem. It's a gas leak. He quoted $1750 (inc GST), excluding any replacement parts. And ncluding the following: - nitrogen pressure...

So we put an offer on a property and the offer was accepted. Now it turns out that the current owner would like to stay on as a tenant and is willing to pay market rate. For us this works fine as we are buying it as an IP. Has anyone gone through a similar situation? It's kind of weird...