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    Tenant compensation

    Hi Facts: My tenant (unique occupier of a 3 bedroom house) from C Cst informed me of what he believed to be a burst pipe The bathroom and his bedroom walls are in common. The burst caused the wall to be wet and water soaked the bedroom carpet. The plumber stopped and fixed the pipe the...
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    Changing to independent PM (like self-managed)

    Hi I have been disappointed with PM, the last one asking regularly if I am happy, but when I asked for something reasonable, I get no reply (I asked a few times). Therefore, so far, it looks like they getting PM fees from a tenanted IP with nice tenant paying 1 month in advance. It looks...
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    Property manager, REA .... is there a conscience in there?

    If a property manager tells you verbally and in writing that your property will be renting between x and z and that is given to the financier, at how much under the x will you start legal action and how long after settlement? Thank you
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    Disbursements ...

    Hi I was wondering if there is a volatility in disbursements charged by lawyer to IP buyer? So here are mine, roughly First letter with costs: Land & Prop info office for Final search $25 + 2.5 gst Property inqu w/ var govments author: $350 + 5 gst Settlement Agent's fee: $65 + 6.5 gst...
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    barrels of key locks at settlement date

    Hi Is it common for new landlords to change the complete barrels of key locks after the vendor moves out? the property is intended to be tenanted after they move out. As I am not in the area of the property and be working hard away on settlement day, I would need to find out if that could be...
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    Your advice on Bld for IP

    Hi I think I will go with T Scheer for Landlord protection There is no flood protection though. For the LL building insurance, again there is no protection against flood, in case?? there is no history, but in case. I have not read about somersoftforumers taking LL Bld insurance with...
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    Insurance for Investment property??!!

    Hi I find answering the issue in the title field the most annoying so far. I have to have building & content insurance and landlord insurance. Issue: Replacement cost I read on the online literature that in Sydney area, which I like to include Central Coast, an approx $1300 per...
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    Issues found at B&P inspection

    Hi Sorry I have to remove my text
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    Redraw - strategy

    Hi Sorry, I have been feeling unwell lately, with brain fog (clinical) and need some help. I have been approved an investment loan and I am going to split it. In relation to the variable amount with redraw facility, unlimited repayment and redraw.. 1/ I will have about $80,000 left in...
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    Don't know where to post this: How about Weathertex material?

    Hi I am going to look for properties and my first choice is brick. The agent having one made of weathertex highly recommended this one. I have concern with house material other than brick while if it was only me, it would be timber retreat like house in the middle of a tropical forest...
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    Building replacement value

    Hi Sorry I read a post long ago about builing replacement cost for building insurance purpose, but I keep on looking and can't trace it. So how is the replacement value estimated? Also, I checked with Terry Sheer, Real ins and Youi, comparing a same property, Youi was the most exp...
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    Step by step buying process

    Hi Sorry, another question I am confused with conflicting info available in books or online litterature. At what stage do you send a 1/ valuer 2/ Bld and pest (surveyor) inspector? After signing a 5% deposit with clause subject to the above etc ? or before? If before, it may be...
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    Considering the suburbs or the group of suburbs?

    Hi I am after an IP, my first When you look ave household inc, we know that it varies within the group of suburbs, and from what I can see that vacant rental rents are above known ave household inc. Do I have to look at what the market offers rather then past figures to figure out the...
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    Recommended (private) property valuers

    Hi Can anyone recommend some (sorry) independent property valuers in Central Coast, thank you
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    Minimum building cost for new house

    Hello I have seen some lands for sale in the NSW country (with facilities ready) and was wondering at how much it would cost to have a 2 or 3 bedroom house on it, the lowest price. You will say, made of cardboard or Tasmanian oak or bricks? Well I don't know. To start, what is the lowest...
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