Search results

Propertunity, Thanks for your thought. The way I am thinking is the opposite, maybe because I'm not as optimistic as you :). I would probably stay away from building with many defects /aging eventhough it gives good rental return & capital gain. If you are unlucky & say the unit you own got...

Hi everyone, I believe some of you have been buying & holding apartment unit for investment for more than 15 years. I have some questions that always come into my mind that I would like to ask your opinion about. Say you have been holding an apartment unit for 15 years or more and during...

Shahin: do you have contact person name?

Thanks MsALi & Dave

Hi, Can someone recommend me a good carpet layer/installer around Parramatta/Blacktown area (NSW)? My unit has old and worn out carpet which I am thinking of replacing. How much does it cost roughly per square meter to replace one with standard material including remove & install. Also will...

Hi all, Just an update. My PM has apologized for any inconvenience caused. He said for unknown reason the levy hasn't been paid on time and he agreed to refund me the full amount. I was a bit surprised with the response but all is good now. Thanks again for all your feedback. :)

I know that it is stated on council rates statement, but did you also get it from valuer-general every 3/4 years? I'm in NSW and for house I got both from council and valuer-general.

Hi all, If you own a strata unit/apartment, do you also receive notice of valuation of your lot every 3/4 years from the valuer-general sent directly to you the same as if you own a land & house? Or the notice of valuation of whole lots is sent to your body corporate & you need to check with...

What happened if the property is located interstate? It might cost landlord few hundred dollars to include the tradesman cost.

Thanks everyone for the feedback.

Point taken Belbo. Sometimes when people are talking about principles, all logic and monetary concerns go straight out the window. :D

Belbo, I know the amount is peanut compared to the trouble it is going to take but should there be any gov body who can actually control the way real estate agents do business. Or else everytime it will be either tenants or landlords faults and they always get away with it & sucking money...

Hi all, At the end of tenancy when landlord & agent do final inspection (before new tenant coming in), they find out that few lights are dead & toilet seat is cracked. All must be repaired before the new tenant coming in. My question is who is responsible for repair? Is it landlord or...

Thanks for all your feedback. I have checked the written contract agreement with the PM and there isn't any clause mentioned exempting them from damages for any late payment. I have written an e-mail to my PM raising this matter and he said that he will look into it and advise the outcome...

Locko24, Full amount has been paid by the managing agent. The interest is not much. The recovery cost is huge ($95 for 3 months delay).

Hi everyone, Thanks for your replies. I do understand that the levy payment might get delayed due to the last minute Strata managers generate it, slow post, agent priority in processing, etc but for two consecutive months payment delay I don't think it is acceptable. Especially after I reminded...

Hi everyone, First time poster here and hopefully someone could give me some advice regarding the matter. My managing agent has been late in paying strata levy for my unit and as a result I was charged with recovery cost and interest on arears by the body corporate. The levy was due on...