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  1. goddessk

    Agents commission

    Hi all, If I don't get the right price then I will consider keeping it. I have been keeping an eye on the market and it's a really small 1 bedroom unit and I don't think I will make much more over the next few years however I am trying to make a life change at the moment and the $$ that I...
  2. goddessk

    Agents commission

    Hi, I am looking to sell a unit in North Perth and the agent that is my property manager is quoting me 3% commission on the sale. As I have never sold a property before, is this reasonable and if not, can anyone recommend a good agent with a reasonable fee? Thanks.
  3. goddessk

    Water rates

    Hi, apologies if this has been asked before. I did a quick search but couldn't find anything. I have a property in NSW and I pay the water usage and then claim it back off the tenant through the estate agent. The tenant is well behind ($500 over the course of a year) on paying back the rates...
  4. goddessk

    WA water useage

    Sorry all. I got a little confused. The bill that I received included a water service charge, not water useage. Sorry, misinterpretation as it's different to what we have in NSW. Apparently my water useage is charged in strata fees (like mine are here in NSW) and then I can request the tenant to...
  5. goddessk

    WA water useage

    Thanks Duncan. Appreciate the info. I think I will look into it a bit further.
  6. goddessk

    WA water useage

    Thanks guys. Interestingly the PM came back and said all water costs need to be borne by me.
  7. goddessk

    WA water useage

    Hi all, have emailed my PM in WA however she hasn't responded yet so thought some WA IP owner forumites might be able to help. I have received my first water account and it has sewerage, water service charge and drainage, all separate. I have a unit in WA. It has several options to pay...
  8. goddessk

    Buyer's agents?

    I used a BA to purchase my Perth property a few months back. I didn't have the time to travel to WA and I didn't know the area well, again was restricted on time to research. I too used Property Wizards in Perth and they were great. At the rate that the market was going in WA back then (and...
  9. goddessk

    FHOG or not?

    I actually rang and spoke to someone about that as that was my concern as well. I was advised as long as the person buying the house meets the criteria when you buy the house, you can have anyone you like living with you afterwards, defacto or otherwise.
  10. goddessk

    Help Body Corporate Issue

    We've never had trouble sourcing owners details before. My strata manager has given them to me (the secretary) to provide to other owners when they have needed to contact the owner of a unit above them. I would have thought all owners have access to the other owners details however I could stand...
  11. goddessk

    Properties I can't have

    Lizzie, I know this is a little off track but how does one even start to work on a townhouse development? What do you look for and what is the checklist of things to work through to achieve such a thing? This just seems so far beyond my capability but I am interested to learn. I can't afford to...
  12. goddessk

    Commercial property

    Ah, maybe I am thinking about industrial then and not commercial. I must have my terms mixed up. The warehouse type stuff appeals to me.
  13. goddessk

    Commercial property

    Hahaha, yes that's about what I want! Seriously...based on limited knowledge I felt that commercial has good returns and lower outgoings generally with longer rents so was just interested to investigate and had no idea where to start. I like to diversify so was just interested to see what...
  14. goddessk

    FHOG or not?

    We have considered the option of him buying a place and us moving in to it however neither of us wants to move further out for selfish reasons. Close to work etc and considering that he really likes the inner city there is no way that I will get him to move to Hornsby. His family live at...
  15. goddessk

    FHOG or not?

    I have a situation with my partner where I am trying to provide some advice which I feel is sound yet I would like to validate. The background 1. He is elligible for FHOG 2. I am not elligible for FHOG as I own a PPOR and three IP's 3. We are buying a place together next year (after 5...
  16. goddessk

    Concentrated area v diversification as a strategy

    This is an interesting question. I have bought in NSW country, Perth city and just outside of Brisbane city. My next investment will most likely not be in any of these places, but it depends on the overall growth of the state at the time. Why? 1. Spread the risk - if one is not performing then...
  17. goddessk

    Commercial property

    When I started investing in residential property there were heaps of good books to read and lots of investors offering advice. I'm interested in knowing a bit more about commercial property. Can anyone point me in the right direction for books, internet sites etc. Anyone have any good...
  18. goddessk

    Help Body Corporate Issue

    Hey Timm, I am the secretary of the owners corporation where I live. Technically the secretary has no power at all. We need to comply with the rules and regulations of the Strata Laws and work with the Strata Manager to ensure that these regulations are followed. However if I wanted to make...
  19. goddessk

    My Dream.......Whats yours?

    I would love to have enough cash to start a gym and run it for as long as it takes to become successful without stressing about income. I want to live my passion every day and not have to work for someone else doing a job that I am good at, but no longer love.
  20. goddessk

    Who DOESN'T use trusts?

    I have three IP's and all are in my own name. I did consider a trust but could not see the benefit of the costs to set up. I do not plan to have children and although I could one day distribute income to my partner (if we got married or became defacto, and my properties became +ve) I just can't...
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