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    What makes a great investment property?

    I'm on the look out for a new IP. Lower price range and affordable, as I have other financial issues I'm trying to wade through. Keen to hear what everyone considers makes a great IP. What's the silver bullet? What makes it a stand out? As most people know, I'm up for a gamble, so "out...
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    Who to contact in NSW for advice on whether to let tenants take matter to the tribuna

    Solution strategy Terminate tenancy Between tenancies - fix drainage issue (if any still exists) Do nothing about their claim unless they apply to tenancy tribunal If they do go to CTTT, you have ample evidence from what I see, to have their claim thrown out. Then you have had them thrown...
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    property disaster off-the-plan.

    Is this a gee up??? Off the plan sales where the development doesn't even have finance to proceed? Deposit released to the developer before they have even started construction? Deposit released to the developer at all?? 2 years and not even started? What country did this happen in...
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    Does having Professional photos get a higher return on your investment property?

    Get Serious Rent revenue is a serious income stream. Making the property look its very best in advertising is critical. A picture is worth a thousand words.....are they going to be fuzzy, dark or crap.....or are they going to be sharp and professional. If an IP owner wont pay for top class...
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    dirty rental house

    So the long and the short of it is this......the place is filthy dirty. Tell the tenants to clean it up now, and keep it clean, cos that's the decent thing to do. And if they wont do their end of the transaction decently............the tenancy will be ended at the next opportunity. Now that wont...
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    Realestate.com.au

    cash grab Real Estate.com have always been cash grabbers. They charge about double the rate that Domain.com charges too
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    First development 8.65% ROI and $100pw cashflow positive

    who cares? Its cash flow positive, so who cares about capital gain or equity level at this early stage??? Its cf pos so just leave it there and as the market cycle comes back in the future, it will develop capital gain then. CF positive isn't easy to get these days, so just park on it and look...
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    New tenants database and reference check - how quick?

    Same day operation.......especially if you want to keep the good applicants and tie them up quickly
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    How did you find your PM?

    I reckon you call up the ones that your associates have recommended to you, then arrange interviews with them. Have a list of questions and note the answers so you can compare them all later. My experience........the lowest fee, the friendliest face and the nicest legs are seldom reliable...
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    Name my business!

    iLoan Mortgage Belt Rate Us
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    How to buy a property in a hot market??

    yep, have we met?
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    out bid by the agent?

    Front the Vendor. Ask them what they accepted. If its less than your offer, then the Agent is in strife. You can check RP Data if you want the real sale price
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    Feeling stuck

    If you are buying IP's that are cash flow positive, then just keep buying more. Where they are isn't that important, as long as they are not in flood zones or somewhere defective. If you borrow the entire acquisition cost and they put money back in your pocket each month...............keep going
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    Equity formula

    The equity gain will be your original 30k plus the 50k increase on the Val. So gross equity goes from 30k to 80k. Keep in mind the Bank will only use 80% of the gross value as security for more finance
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    Reasons for selling

    If an IP is burning a hole in your pocket, or it has a location defect that will limit its growth potential, then cash it in and replace it with something better (pos cash flow or good location). This is the market to do it in, because anything will sell, at big freight and quickly. Waiting...
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    How to buy a property in a hot market??

    Buying in this heated part of the cycle is pretty dumb. No choice, no negotiating, no desperate sellers......just hurry up and pay through the nose. Patience and memory of how the cycle works, is the key. When the over supply of rents, a growing un employment rate, a cash strapped Government and...
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    Property bubble ready to pop

    The cycle we are in now has happened before. And the facts are......it doesn't keep growing until it has a correction. That will come, as our unemployment level continues to rise, with a huge amount of economic slow down forecast 2016-2017-2018 as manufacturing in Australia takes its biggest...
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    Tenant breaking lease due to illness

    Well said Simon:)
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    Slack Property Management

    Tenants liability here, as the door stop was recorded as in place and working on the entry inspection report.
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    Is this the best way to handle arrears?

    If I am reading this correctly, the PM needs a swift kick in the A. By the look of this your ability to make an insurance claim has been compromised due to the slow action to evict the tenant. And insurers wont pay for cleaning and rubbish removal generally either. Without a tribunal judgement...
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