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Hi everyone, My tenants in Victoria just moved out few days ago and during bond inspection, I found unreported water damaged floor board. I guess there could be three possible reasons: 1. The waterproofing of shower booth needs to be redone. 2. The shower drain leaks 3. The tenants...

Hi everyone, I am considering to engage with a new property manager as I am not happy with my current one. Just wondering if the transfer is normally easy or difficult. How long does it take usually? Is there anything I should put my eyes on? Thanks, Kai

Hi, I am considering to find a good BA in Melbourne who is monitoring one bedders. Can you recommend one to me? How about "Buyer Solutions" (owned by Janet Spencer)? It appeared in my google search results... Thanks, Kai

Hi everyone, I am considering to buy an investment property which has tenants living there. The current lease is going to due in June next year. I want to get the tenant payment history to make sure they are good tenants but the RE agent told me he cannot get them because the owner cannot...

Hi everyone, We are thinking to make an offer to an apartment in Melbourne and after read the section 32 and OC meeting minutes we found three Owners Corporations affect the apartment. All of them have a low balance administration fund. Is there something wrong? It is a 6 year old apartment and...

Hi all, I have a friend who is going to buy a $700K commercial property in NSW. Her mom will pay cash ($700K plus other expenses) for her. However, my friend discovered if she pays cash, she cannot claim tax deduction in the future. A conveyancer suggested her to make a borrowing contract...

Hi everyone, I know many people do not like Docklands but I just want to get some ideas. Currently there is a one bedroom plus study apartment for sale in Docklands as the following link shows: http://www.realestate.com.au/property-apartment-vic-docklands-113241675 The asking price is...

Hi everyone, I am a first time investor and my property is on the market for about 2.5 weeks now. The PM only arranges inspections for people who register. So far we had only one person inspected our house. I asked my PM if we should reduce the rent or schedule open inspections to get more...

Hi everyone, We are going to turn our owner occupied home to an investment property. We currently have a building insurance with our home. Do we need to get a new landlord building Insurance once we lease the property to tenants or we can continue to use the current building insurance? Thanks...

Has anyone dealt with Guardian Property & Asset Management Werribee? Are they any good?

Hi everyone, We are new migrants and bought our first house in Melbourne by cash one year ago. Now we are thinking to buy another bigger house (for owner occupied) and turn our first house to an investment property. Our first house is worth about $330K now and our budget for the second house...

Can anyone recommend a good property manager in Sunbury? Thanks for any help you can give.