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Hi Jenny Looks like you have all the advice you need - one point about what clauses you should include. You can put whatever clause you like on a lease provided it does not override the Res Ten Act. You can certainly discriminate against smoking (and pets). What you cannot discriminate...

Hi As far as Brisbane is concerned, units and townhouses under $200K are still available - at least on the southside. I very much doubt you will find a house under $200k in the same areas. I am regularly notified of units/townhouses ([email protected]) that come in well under...

Hi Shacara Think very carefully before you take on your own management and be sure you understand the Residential Tenancies Act applicable to your state. Although I have many years of PM experience, I have a competant PM handling my properties. I really don't want to have to look for...

Hi Gordon As I see it, there will always be enough IP "cake" for those who follow this line of investment. Information from the RE office where I had been a PM for years was that as soon as properties started to rise in value, a large percentage of owners sold their rentals immediately. The...

Hi Kristine We had a motorless fan in own ensuite over a large shower recess- maybe not the same brand as the one you talk about but I can't recommend it - we ended up replacing it with an electric one. It just didn't move the steam quickly enough and spots of mould appeared. Recently tarted...

Celivia, Hi, Selection of your PM is very important. Maturity in a PM (ok, wrinkled is good) is a plus. A good one will have a portfolio showing certificates of accreditation, real estate courses, maybe testimonials from satisfied owners - that sort of thing. You need to feel comfortable with...

Celivia, Hi, Selection of your PM is very important. Maturity in a PM (ok, wrinkled is good) is a plus. A good one will have a portfolio showing certificates of accreditation, real estate courses, maybe testimonials from satisfied owners - that sort of thing. You need to feel comfortable with...

Congratulations Nimee! Go you good thing - I am now pulling my head in Mtzi;)

Hi Tssk There should be some "water wise" brochures available from the Council - if you have a PM (he/she) should be up on it and be one step ahead. However if you manage your own, get some literature to the tenants. Be positive in seeking their cooperation "for everone's benefit". Ask them...

Hi Brains No matter what your Property Manager thinks of your proposition, she is working for you and therefore takes her instructions on YOUR property from YOU. How dare she speak for the tenants. is she a mind reader? They are entitled to know what your offer is - she is the go between. Her...

Good advice there Nimee - ALWAYS put it in writing - but can I ask your motivation for selling? The Somers principle is buy and hold. You can tell me to mind my own business if you like. Mitzi

Hi Garry Just a warning if you are putting a contract on something. See if you can tee up your finance to a point before you see what you want and then make sure your finance clause is long enough - 21 days it is taking at present if you go thru banks. We have just been thru nail biting time...

Hi TerryG Some good advice given and one point I might mention in regard to raising rents - the bond. Really this should be increased in line with the rent. Some Property Managers are loath to do this but in Queensland (at least) there is a form - I think an RTA Form 7 which should be sent at...