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The tradesmen go into the property from time to time. Two recent visits recently were from bathroom waterproofing tradesmen. The tenant acknowledges that the stains were not there to start with. They appeared recently. So I asked them if it were the tradesmen. They weren't sure. I asked them if...

I have read a lot about carpet cleaning responsibility at the time of lease end. I wanted to know who has the responsibility of maintaining the carpet clean during the tenancy. If there are some stains for example, and the tenant says during an inspection that it was not them (e.g if it was some...

Michael, read your post. It makes sense ! Thanks.

Thank you for some very good suggestions above. One, I am going to ask the agent to drop the price slightly. Second, I am going to speak to a couple of agents who have leased out properties in the area in the last few days.

Actually, the open houses are on Wed and Sat both.

Yes, have researched the price (comparable properties). It is the right price I think. I went to the open house today. No one turned up ! I asked the agent if the price should be reduced further. Agent has said that reducing the price is unlikely to make a difference. He said that it was the...

Yes, the rent has been reduced one time, and that too on our suggestion. The PM made no pro-active suggestion in this regard. I am going to wait for tomorrow's (Wed) open house and see the result. If there is no outcome, I am very inclined to call another agent, especially in the absence of any...

I have a IP in Turramurra. The PM is not being able to find a tenants since the last 7 weeks after the last tenant left. The rent has been brought down to $670 (from $700). Upon asking, the PM gives one of the two reasons: (i) there were no enquiries (before the open house), or (ii) People came...

It is quite an old running post but I will reply anyway... I use MS Access database to manage my properties. I have created by own forms and reports and have achieved some degree of automation in data entry. For example, when I enter the rent for a particular property, it automatically fills...

Hi, I recently bought an IP. I am currently talking to tradesmen about some repairs and also looking at buying some fittings (curtains, light fittings etc). I wanted to ask : 1. From tax perspective (claiming deductions), is a docket for purchase of fittings good enough for ATO ? For...

I had a look at Graysonline. It seems to be similar to ebay where you buy off auctions. I don't feel entirely comfortable buying via an auction, not knowing whether I will get the appliance or not and the wait factor. Also, for second hand appliances, I would prefer to sight the condition of the...

Actually, my plan is to knock it down within 2-3 years. That is the reason I don't want to invest too much in new appliances. I just want to get the kitchen functional and tidy for tenants. I have yet to advertise the property for letting out but agents have told me that there is a huge rental...

The budget for the kitchen is about 5k. It is an investment property at Pymble. Quite an old house. I am looking at replacing the stove & oven and putting in a dishwasher (apart from getting the crumbling cupboards/drawers etc fixed). The kitchen is appr 5m x 2m.

Do people know of any places(s) in Sydney, where I can good deals for second hand kitchen appliances. I have visited a website: http://www.secondhandkitchens.com.au, but it seems to have entire kitchens listed. Not sure if you can buy just appliances if you wanted to.

I am after some renovators in Sydney for my IP (house). I have searched through some old threads about renovators, have noted the names of a couple of tradesmen but could not really get any names of renovators for kitchen really. Also, the threads are quite old. One of them started in 2003. Can...

The notice period can be anything you and the agent agree on, we don't have a notice period at our agency. I think if the owner is not happy then they should have the right to take their business elsewhere on the spot...... Good advice ! On notice period..agents seems to use the...

I have read a thread about multi-listing your investment property (mine is in Sydney, NSW) for renting out. It is a relatively new concept to me. I didn't even know until recently that you could do something like this. It seems that it has its pros and cons. Personally, I feel more comfortable...

Thank you to all for their replies. They are great tips.

I am in the process of purchasing an investment property (Sydney, NSW). I have signed the contract with my solicitor and paid .25% deposit to the agent. However nearly a week has passed and there is indication as to when the owner will sign the contract. The agent says that the he trying to get...

kristaje, thanks for your feedback. It helps.