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    Hedland options so I need some opinions/advice please

    OK, heres my tale. I have a approx 1100m2 block in Sth Hedland with a "well loved" 1970s BHP brick and decramastic 3BR/1Bath 110m2 house on it rented to a major company. By well loved I mean the place needs a lot of work to bring it up to a good standard. I figure $100K would get it close, and...
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    New Stove for Tenants to Replace Faulty Stove

    Had to replace a stove in my Hedland property a couple of weeks back, pretty hard from Brisbane self managing.....lol. Called the local Retravision store as I found a flyer on the web listing the current specials, ordered and payed for it over the phone and delivered that arvo. For $90 extra I...
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    Good solicitor in Western Australia

    Shane Jacob Settlements 16 Gibson St Mt Pleasant WA 6153 www.shanejacobsettlements.com.au Just used them to settle my South Hedland purchase and they were absolutely great, got me through a veritable minefield of dramas.
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    Oh for petes sake....... now its a caveat.

    Definitely got some news, the property settled yesterday, Fri 12 Feb. Seems the caveat wasnt enough to stop things happening and got it removed. I asked about getting info on it and it was certainly something I was allowed/able to do but in the end I didnt worry about it since all the good stuff...
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    Oh for petes sake....... now its a caveat.

    Hmm, you all make very valid and good points. As for when the caveat was placed that I am not sure about. My settlement agent did all the searches back when this started so I can only assume its been a recently placed one. The vendor didnt mention it to his agent until the day of settlement when...
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    Oh for petes sake....... now its a caveat.

    Well here we go again, this IP in South Hedland is turning into a major pain in the backside. Settlement was after many delays finally set for Fri 5 Feb, that morning I get a call from my settlement agent telling me its now moved back to hopefully Mon 8 Feb as there is a Caveat on the property...
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    Insurance Questions

    And if its in Pilbara or really remote type area or mining boom area, double it..... Got a quote from EBM today for building and landlords insurance, $1130 all up and thats allowing for the rent being over $1k per week. Heck of a lot better than CBA wanting $4k. I am insuring the house for...
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    Investing in Port Hedland/South Hedland WA

    Im waiting to hear from 2 other agencies re PM. Sadly Im in Brissie so nowhere near the place. As for negotiating........I am going to give it a shot at least, what do I have to lose. Even a 1% cut in management fees would be a start. Letting fees arent really a worry yet, I have a lease in...
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    Investing in Port Hedland/South Hedland WA

    Got to agree with you Fudge, PM fees in Hedland are exhorbitant. Im pricing them up there now to manage my place and even though I am buying thru the agent they give a discount on PM. Drops from 8.5% plus GST down a whole 0.5% to 8% plus GST. Heres the rundown on their fees; 1. LETTING FEE...
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    Investing in Port Hedland/South Hedland WA

    I settle on my South Hedland purchase next Friday, went the whole hog and financed 100% plus costs with Comm Bank. That was my biggest pain, switching my PPOR across to them since I was very happy with Heritage. I bought sight unseen barring a dozen or so pictures and "only" a 9.6% gross...
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    Insurance Questions

    Im shopping for insurance at this time as well. Tried Terri Scheer and I can get their Landlord policy but they dont do building insurance for properties in WA above the 26th parallel.....which South Hedland is. Now to try a few other places. Anyone in the forum have a property in Hedland...
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    Qantas Club Membership tax deductable?

    I got the same letter after 7 yrs as Platinum, then again after 2 yrs as Gold. Now Im down to Silver and work pays my QC membership instead. They are pretty generous first yr you drop your flights but then its a downward spiral.....lol. Still, I spend a decent amount of time in the QC so its...
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    Anyone with experience on Decramastic?

    OK, looks like my purchase in Sth Hedland is a goer so now Im looking into doing a bit of work to the place since its such a lovely shade of purple on the outside walls...... :o (actually, that icon is pretty close to the colour.......) Brick walls painted purple isnt exactly my ideal so Im...
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    Karratha WA

    I did see that article Ausprop, had it sent to me by one very helpful and down to earth REA from Hedland. Hes sent me a heap of info and been really good, sadly the place I am buying isnt from him. I tried to get one from him but had the offer on this one when he had a few nice ones show up. All...
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    Karratha WA

    Well after much stuffing around on the vendors, agents, conveyancer and my parts trying to get a legible contract finalised I finally hear from my broker today I have "conditional" approval on finance subject to the valuation being OK on my purchase in Sth Hedland. If, as Blue Card suggests...
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    Do I crash the contract.....CAN I?

    Good points raised by all, thanks. Wife and I made the offer and signed contract. REA sent contract on to vendor to sign and they have added these clauses and signed and now its back to me to initial their changes. Tenant is already in place until Sept 2010 with another year option so simply...
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    Do I crash the contract.....CAN I?

    OK, got a bit of a curly one here. Im in Brisbane and have put an offer in for a property in WA, wife and I have signed the contract and now vendor has added a couple of clauses to the contract and REA is now "asking us to please sign here and here" but I am not exactly happy with those clauses...
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    Townsville? Troops head north amid housing crisis fears

    According to latest Property Investor mag and also St George study, Gulliver in Townsville is in the Top 100 for API mag and Top 24 for St George.
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    Karratha WA

    Purely my own assessment from looking into the mining companies and what they are estimating the life of the mines at. Some are being quoted as a life of 10 years and thats at the current rate of extraction. I realise this doesnt take into account finding new ore sites but as sites get further...
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    PMs in Port/South Hedland

    OK, given those 3 replies and considering 2 are from WA members and the 3rd has IP in Darwin, I would call that a good idea as to the norm :) I only suggested PMing myself to gauge opinion, and the answers reflect poorly on my idea. Think I will take the 8.8% and re-let fees and let my...
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