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    second quote

    Spoke to the PM this morning about getting another quote for some maintenance. I had already requested it a week prior. Me: Why didn't you get another quote? PM: But I don't know any builders, I'd have to Google it. End rant. Sigh. Is it me? Am I too demanding?
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    A couple of questions for PMs regarding inspections

    I'm interested in knowing what PMs do in relation to inspections: 1. Ingoing/Outgoing inspections Do you make sure there is power connected? If not, how do you treat/inspect electrical appliances (oven, air con, powered garage door etc.)? 2. 6 monthly inspections What do inspect? Do you...
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    Mould problem in bedrooms

    I have a mould problem in two (south facing) bedrooms in an IP. Some mould 'specialists' have been out there and recommend that high wall vents be installed. 2 in each bedroom that will be vented externally. They have quoted 1.4K to do this work. The internal vents will be through plaster and...
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    New public holiday?

    I heard Jeff Kennett on the radio this morning talk about why he was opposed to the idea of creating a new public holiday. He argued that it would create a loss of productivity at a time when unemployment is increasing, especially youth unemployment. Being an employee, I'm usually all for...
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    tenant tells PM they're vacating

    So I get a call today from the PM telling me that tenants have sent them a notice that they're vacating and to confirm that I want them to go ahead with advertising for a new tenant etc. The thing is, the PM didn't even check to see if they were on a fixed lease until I asked. Now they have to...
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    Leases, clauses and arguments (oh my..)

    This is a bit of a long story but bear with me... Under a previous PM, the tenants had a pet without my permission (ie. they didn't have a pet when they they signed the lease, or at least, didn't disclose it) When I found out I said that was ok but they should've asked for permission...
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    annual termite inspections

    Not sure if this should go in 'Property Managment section, but here goes.. I few years ago I had termites using my house as a buffet. I had them treated and improved the sub floor ventilation so that my house wouldn't seem so 'inviting'. Every year since I have been paying $440 for an...
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    new PM, new fees (new questions..)

    Hi All, Not quite sure about this so I thought I'd ask the questions here. Recently our our PM passed the management of our IP on to a different PM (different company). So far, I haven't seen any new contract or any paper work/information from the new PM. We have, however, just received a...
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    Torn between two places?

    Just wanted people's advice on two properties we are looking at purchasing for IP. Both appealing in their own way, but I can't help but feel that I might end up regretting picking one over the other at a later stage. 1st is in Glenroy, walking distance to the station and shops, convenient...
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    Access to LOC question

    Hi My husband and I have a LOC against IP1. This was set up to tap into the IP1's equity so we can fund the deposit for IP2. We also intend to use funds from the LOC to purchase shares. Either way, any interest incurred through LOC will be deductible. I recently discovered that the lender...
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