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Hey Sue, I have a number of IPs in Townsville and have used Ella Reid of Century 21 Aaron Moon Realty for the last 3 years. Best that I have come across yet. cheers

I have also been advised by our REA that they are charging $33 per end of financial year statement! I have 7 properties. I protested to the principal and asked them to justify the charge and I have just received an email from the property manager (not the principal) to inform me that they will...

Hi Greg, I had a similar issue with one of my IPs. We found out accidentally that the tenant was running a family day care centre from the property. We were extremely concerned as the property had a swimming pool! I phoned our insurance who gave us 30 days to rectify/evict the tenant or they...

Hi Rabbaj, I have had similar problems in the past with our IPs with pools, but I have a solution that has seemed to work since. I pay for monthly pool maintenance and the chemicals and increase the rent to compensate for some of this. I have also drafted an 'annexure' for all tenants...

Hi Bantam Roosta, So, if you work for yourself, and not have a full management team who could take over if you wanted to go on holidays , this is classified as a job??? I am sorry but I guess it all depends on the definition of a business. Is a builder's business a job? Is an...

Hi Nards, I live in Townsville and my accountant is also in Melbourne. No probs with communication, email,phone etc and he is an investor also. Not sure how I survived before.................:) Who is this accountant you may ask? Just Dale GG.

Hi Jumpinjack, Good on you for wanting to work for yourself, it can be very satisfying. Using the equity in your PPOR is sometimes the only way that small business owners can start their new ventures. Given that there is a risk as the money is secured by your home, structuring your business...

We include lawn and garden maintenance in all our investment properties, but my husband is a lawnmowing contractor! The advantage I see is that he can subtley keep an eye on the houses while he is mowing the lawns and there has been a few occasions that he has spotted things amiss. Obviously...

Hi Nelson, I live in Townsville and use Dale as well. No problems with communication and more than happy with the level of service Cheers mallee

Hi Andrew, I had a similar case where an electrician came out to fix an aircon, the tenants were not home, but had arranged that they would be home. I paid the bill and they reimbursed me for the callout fee for the first visit. They were not happy but they did pay. mallee

The problem is that we have a PM that does not earn her money, oh they do all the basic jobs, but when it comes to communication - there is none. My IPs I can keep an eye on because my husband does all the gardening/lawn maintenance and I am reasonably assertive with the PM. My sister and...

Thanks for that valuable advice, I think Office of Fair Trading is the go.... to get more advice.. Cheers Mallee

Please forgive me if this question has been answered before, I did perform a search but without luck! I have the opportunity to manage some IPs, 5 of my own and 2 of my relatives. I do not work in a real estate office although I have completed my Property Management certificate and am...

Thanks for that Rolf, I am not sure which way to go for the next IP. I suppose the safest thing is to find a main stream lender and try again , using a non mainstream as backup. Mallee

Hi Rolf, No I am happy to seek your advice online. We had some probs with further lending from our original financier (W) as we had just changed our business structure from sole trader to company (still doing the same business) and (W) would not recognise the new structure as the same...

Hi Rolf, Perhaps I could contact you to seek further advice, would this be more appropriate. Are you happy to deal with far north clients? Mallee

:) Thanks Rolf, So I guess, I probably should choose another large lender for future loans? Perhaps I have enough with Wizard? What do you think? Mallee

Hi Guys, I have just recently completed one major refinance of three IPs with Wizard and I am currently purchasing another IP using Wizard as well. I also have IPs with 2 different financial institutions. I read recently somewhere that regional banks, credit unions and Wizard all have...

I have been having problems with a property manager in Townsville who manages one of my IPs. She is part of a huge real estate rent roll and has two assistants who help her. Her responsibility is property maintenance. She phones or sends me written reports about things the tenants have reported...

Thanks Willair My first 2 IPs I purchased last year, one was our PPOR and I just converted it to an IP. The second one was purchased 12 months ago. Then I discovered the bank I was in had cross securitised all of the loans so I had no more equity (in the world according to them) to buy any...