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  1. M

    some buys in WA

    When I saw beach side blocks for $89k the first thing I thought was maybe 10 years ago. Turns out it was.
  2. M

    Finally, get your self managed property on realestate.com.au

    Saw this ad in the latest edition of API for eezirent.com.au Get a single listing for $199 and tenancy database search for $10.
  3. M

    Management fees in WA?

    There is one in the Northern Suburbs called Flick Realty advertising 5.5%
  4. M

    Management fees in WA?

    And you still end up with some teen office girl "managing" your property.
  5. M

    Great learning experience! Pick the 'errors' in this story.

    If you are self managing you should already know the rules, not casually read it somewhere and think, well that's interesting, I didn't know that. In WA the process starts the first day after they don't pay rent with a Notice of Termination for Non payment of Rent. If they don't pay within 7...
  6. M

    Thinking about buying in Perth advice please

    You still fill out an offer the same as any other property so you can offer whatever you want and see what they come back with. Try $420k or even lower if you want.
  7. M

    Thinking about buying in Perth advice please

    Exactly ;)
  8. M

    Thinking about buying in Perth advice please

    Mine is not an opinion it is first hand experience. Let's just say there are plenty of dodgy locals that you won't see at night unless they smile.
  9. M

    Thinking about buying in Perth advice please

    If your wife will be walking around after dark, don't buy in Nollamara, it really is that bad.
  10. M

    Insurance Question about Terri Scheer - from a novice.

    Does EBM differentiate between privately managed and agent managed properties with your level of cover and/or excesses? As I pointed out earlier that is why I avoided Terri Scheer. I went with AAMI a couple of months ago for my first property, based on price (around $300 cheaper than everyone...
  11. M

    Insurance Question about Terri Scheer - from a novice.

    Back on topic, to the OP, did you read the Terri Scheer PDS? When I considered them a few months ago they only covered $500 for malicious damage minus your excess of $500, which equates to ZERO cover!
  12. M

    What do you think of Trinity, Alkimos WA?

    Problem with all these areas with cheap houses is they attract investors and therefore cheap tenants. I know they are not all bad but there is enough of them to turn these areas into upmarket ghettos. Just look at Clarkson where the crime rate is out of control, it started out nice enough...
  13. M

    WA Rentals

    If you have a good tenant I believe that is more important than another $1000 a year cashflow. Two weeks vacancy between tenants will cost you that much or more.
  14. M

    Landlords in WA about to be done over - Residential Tenancies Amendment Bill 2011

    I wonder how that 8% compares to commercial defaults, e.g. Synergy or Alinta, every customer sent a reminder notice is technically in default.
  15. M

    multiple properties under a single professional package

    I have just done the same thing you want to do but under ANZ Breakfree. Got a LOC secured against PPOR for 20% deposit plus all borrowing costs. Then got separate IO loan secured only by IP, no cross coll. Because I was already under Breakfree with my PPOR there were zero setup fees, only fee...
  16. M

    A Real Estate Agency supporting Self Managers

    Are you able to advertise on REA for WA clients? None of the existing online services are allowed to do this because they have to be registered in the state they want to advertise in. I would say this is the single biggest hurdle for private landlords, advertising where the majority of the...
  17. M

    WA Rentals

    The rental crisis as portrayed by the media is definitely not across all properties. It seems to be the under $400 mark that is so tight. And a large proportion of those tenants in that bracket are not the type of tenant people want, for a multitude of different reasons.
  18. M

    WA Rentals

    Couldn't find the video. Was it the same story as last nights news about people paying $600 a week for a cabin in the caravan park?
  19. M

    Additional terms for lease agreement

    See below for reply from Consumer Protection WA for future reference - You have contacted the Department of Consumer Protection, Western Australia. Consumer Protection administers the Residential Tenancies Act 1987 and can provide general information to landlords and tenants in relation to...
  20. M

    Any private landlords using TICA?

    I sent one TICA application to a prospective tenant who sounded extremely keen and never heard another thing from them, says a lot in itself I reckon. I did my first search today on another tenant which has extremely good references, but figured I have paid for the service, I might as well...
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