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Hi All, My tenant is vacating in the coming weeks. My current PM wants: 6.5% + gst commission each month 1.5 weeks rent to get a new tenant $220 to advertise my IP on all the real estate websites $100 for a board. He went away on holiday and came back last week and I've never...

Howdy all, I saw the advertising sign "$1000 cashback to let your property" in outer east Melbourne recently. My rental property is inner east so when I rang them they said they didn't service that area. *Has anyone taken advantage of this type of offer? If so, what was your experience...

Hi All, We have an apartment block of 26 in Prahran. The last 2 body corporate managers (Binks & VBCS) have provided below standard performance and high fees, so we are looking for a change. **Can anyone recommend a Body Corp Manager who provides good reliable service and smart...

Hi All, The hot water pressure from the new water saving shower head is not strong because my IP has a gravity fed hot water service, and also the new water saving shower heads are not suitable for such a system. So the tenants are not happy. I am looking for an old non water saving...

Hi All, Some renters recently vacated my rental property after 4 years and upon my inspection I saw quite a lot of damage they did. For example: multiple cracks in the glass shower screen breaking and losing the light fittings not reporting broken tiles in the shower which meant water...

Hi folks, Has anybody heard or used this company before? Their web site says they specialise in PM and been doing it for 20 years, and are well priced. Any feedback would be welcome as I am looking for a good PM. Thanks in advance.

Howdy folks, I have a 1 bedroom apartment for rent in Glen Iris. I have tried to self let it out, but so far after 2 weeks have had little response. I'm thinking I should use a professional property manager.Can anyone recommend a good one? Thanks in advance :)

It is now time for apathetic customers to stop getting ripped off by the Big 4 banks. The same banks that increase your mortgage much higher than the cost of funds. The same banks that enjoy billions of profit and pay executives ludicrous sums. There are lots of alternatives out there...

Howdy folks, A few years ago I completed the Course in Property - Agents Representative accreditation. I know this allows me to work for a real estate agent as a sales person and a property manager. I am looking to start a small Property Management business, working from home to begin...

Hi All, I live in the eastern suburbs of Melbourne. The last few years, cracks have started appearing in the walls of the house, inside and outside. The house is 30 years old. It looks like the house is moving and causing cracking. I know the tile roof is in some decay and needs...

Hiya all, I'm refinancing 3 investment properties. What do you think is better out of the following options: 1. cross collaterise all of them, ie 3 splits within 1 loan 2. having 3 separate standing loans 3. any other more viable options? thanks for the feedback in advance.

We've all seen what's happened to the world's sharemarkets this week. Not a pretty sight for share investors or anybody with super (most of us!) So what will happen next. Is it property's turn to bust?? If we slide into recession and people start losing their jobs, then it is a...

Open this link & print it out - you probably won't find more comprehensive price data on Melbourne's suburbs over the last 10 years (for free anyway!) http://www.news.com.au/heraldsun/files/median%20house%20prices%20by%20suburb.pdf

Hi People, My non bank has offered to fix my investment property i/r at 9.29% for the next 3 or 5 years. Presently I'm on variable and they are trigger happy and keep raising my rates each month, significantly. This is very stressful indeed. Due to my casual work situation, I have...

I'm with a trigger happy lender (MBL :mad:) who just can't wait to rise their variable rates again so they can make more money. I would have left them a while ago but I have a back ended loan where I will pay high exit fees now ($2300), but minimal exit fees ($500) if I can make it to Feb...

Put those rents up people, and put them up strongly. The next few years is the time to make your yields so don't be scared to put them up. see article below: http://www.theage.com.au/news/national/rental-vacancy-rate-drops-below-1/2008/03/19/1205602482946.html

read link below. Aussie painting icon Ken Done has found out the hard way what happens when you are not financially literate and have to rely on others to invest your hard earned. I still can't believe they are not teaching financial literacy at school :eek...

Just had a thought the other day. There will come a time when the rba eases i/r lower in the future, maybe in '09. Could the banks decide they will not drop interest rates, or perhaps drop them to a lesser extent than the rba, to recover their credit losses??? Could this scenario...

2 of my IP's are with Macquarie Bank. I just found out the interest rates on the loans are going up 0.7%:eek: That's on top of the 0.4% last month. Looks like I'll be refinancing. Does anybody know a good lender for fixed rates over 3 years? I did a search and Meridian Money offered the...

start putting those rents up people. http://www.theage.com.au/news/national/rent-crisis-forces-urgent-action/2008/02/16/1202760669052.html