Search results

Hi everyone, Just did an inspection for an IP that has been vacated recently by the tenant. They have left a lot of tools and other things behind (ladders etc). Does anyone know of a way to get a few dollars out of them without having to post each item up online? Has anyone...

Sorry Y-man, there's no money in the budget for flights! Can I just say, this forum (and its people) are AWESOME. Regards, McWrangler

Hi Somersoft! I am about to embark in my first true reno in the next couple of weeks (previous tenants have not treated the place very well). From what I can see, the 3/1 will need paint, new carpet, curtains, general clean up and considering a new kitchen. What I am interested in is if...

Sounds promising! Thanks for all the prompt feedback!

Hi everyone, Just wondering how the banks view sales commission in terms of income? Do they only take into account salary? I'm looking at a property which would be valued at about $750k in Sydney but would be able to get $450pw rental income by leasing out part of the property...

Sounds good guys! Thanks for the help!

Hi everyone! From everyone's advice and experiences on the forum, I have used a LOC as a deposit on IP#2. The question I have is what do others do with this debt? Do you leave it as is and claim the interest and never pay down the debt?? Or do you start putting money into on a...

Thanks for all the feedback Just gone unconditional on IP#2 (took a while to buy) Interestingly, I was told there is no Stacey at Elders Real Estate? I'm ringing around and having a chat to a few people but will decide within the next week and I'll post who I've chosen and why. I...

Appreciate the replies! Will contact Stacey from Elders soon. Are you getting a kickback Michael?:p (and will she know which Michael I am talking about?) Are they negotiable on rates? Cheers, McWrangler

Hi somersoft brains trust! Have done a search for recommendations but the threads are a few years old. Are there any current recommendations for a good PM in Wagga? PRD and Elders both offering 8.8% but don't know anybody who have property there. Any help would be greatly appreciated...

Hi guys, I hope this doesn't sound silly but if there were 2 units on one title and you wanted to get a building and pest done, do you get charged for two separate ones? Thanks in advance On another note, is there a way of finding out if an area or particular street is affected by...

No, the damage has been done by the tenants. With regards to letting the tenants stay there.... well long story short, I live and work pretty far from my IP. Rent has never been an issue nor was there any other issues regarding the maintenance of my property. There was a change in PM at the REA...

Thanks for all your replies!

Sorry the property is in Bossley Park, NSW. Am I still able to get landlords insurance even though the tenants have been in there for 2 years and be covered for any damages they have made? Cheers

the property is bossley park? is that too far? Cheers!

Hi guys, I have an IP that requires what I would think to be extensive renovations (paint, flooring, kitchen, landscaping). Just wondering if anyone knew of any companies that are out there that take care of the lot? I need to get it done ASAP once the existing tenants vacate and I...

Hi guys, In light of recent events, I may need to do a fairly large reno on my IP. I have about 50-60k equity and was wondering how a line of credit would work to fund this reno as I would rather not spend the cash. 1 - Do I have to talk to a broker or can my lender help me with...

Hi guys, I'm in a bit of a pickle and would like some advice. I own a 3/1 in a nice suburb and have recently changed property management to someone more competent (whole other story). The tenants have been in there for 2 years but the house has deteriorated slowly over those two...

Interesting story indeed... Maybe I missed something, but how did the old landlord find out where the tenant relocated to?

guess they finally caught on to the fact that they had pictures of a brick double storey home in the listing for a 3 bedda clad home @ $339k