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    Selling Agent Terms and Conditions

    Hi, If anyone has experience in the selling process in Victoria, I'd greatly appreciate advice on t's and c's with the selling agent. We've been given the REIV Code 002 Exclusive Sale Authority form which has standard t's and c's on the back. It's clear the commission, outgoings, periods...
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    Cost for built in robes

    Appreciate any advice on cost of built-in robes - they seem damn expensive!! We're putting them in on either side of a fireplace and am having them done such that the top integrates to an existing picture rail and the bottom matches the existing kickboard. Doors are 2 pak paint, interior...
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    Updating the HDT - who pays?

    First of all, I'd like to say thanks to Chris for the information and openness in sharing the results of looking into the HDT issue and getting a result that at least secures past usage. Whilst my thinking is obvious from the post below, please note that I'm not yet advocating a position as...
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    PM Fee's, WA

    Appreciate any views on reasonable PM fee's for within 3k's of Perth CBD. Looking at a mob who are : Setup $300 mktg /advertisement for first time letting (inc. professional photography) $180 initial condition report 2 weeks rent + GST Ongoing 8.8% on gross collections (i.e. not...
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    How to keep reno expenditure deductible?

    Hi, In December last year we moved back into a house that was our PPOR in 2002and was rented out through to December 2010. We will move out of it in May this year (so, in it for around 6 months). Whilst in there, I am renovating two bathrooms and the kitchen as well as painting, new doors /...
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    Where a novice can best learn about CIPs

    Removed. Found the answer.....
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    Mgmt Fees - calculated on Gross Rent or contracted rent

    Hi, I have just challenged my RE agent for a bill a while back where I've noticed that they charged me management fees on a bond payment from a tenant. The payment was not the lodgement of the bond, but actual payment for things that had to be fixed upon their leaving - i.e. expenses I was...
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    Kitchen advice

    Appreciate any help on this. We have an oven in our IP kitchen that needs replacing as well as an separate Island bench top that was water damaged. We also need to replace a cooktop on that Island bench. The WA based IP rents for $400 per week and is a family sized home. Does anyone have...
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    HDT quandry, what would you do

    Interested in others views. We have a property right now in a HDT. We plan to move into it and live in it long-term. By doing so however we will lose all cost deductibility (no longer rented out) yet still accumulate a CGT liability in the event of any future sale. If we were never to...
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    IP in HDT becomes PPOR....what happens?

    Hope someone can help with a view on this. We bought a house in 2005 and placed it in an HDT. I took out a loan (640k) to buy units in the trust to fund the purchase and the house has been rented out since purchase with the trust claiming depreciation, operating costs etc., and my claiming...
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    Finance in Singapore, buy in Oz

    Does anyone have experience with financing their Oz IP with an overseas loan? Bear with me, there is a question at the very end:o I live and work in Singapore and probably will stay until mid 09. I earn in Euros and am paid in Sing dollars (x rate adjusted quarterly). Rates here are in...
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    PPOR getting to 6 years rental - sell or hold..

    Appreciate any views - I'm sorry this is somewhat long.....:o We have been oversea's for some time and renting out our PPOR that was purchased in March 2000 - we lived in it from purchase to moving out in March 2002. As of March 2008 we will breach the 6 year rental timing and the property...
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    Are we too heavily -ve geared?

    I'd appreciate some views on the following. We have a heavily (imho) -ve cashflow investment portfolio, about 50k pa before tax, but I think it's justified on the basis of the CG it achieves. How would others run with what we have below, would you look to sell one and go for higher CF...
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    Copy of Direct Legal Advice on handling $10 for Settling a Trust

    Following the great discussion on this earlier I decided to track down what happened to the settlement of the first trust we ever put together. As when this was done we were given no advice of significance of a settled sum and identification of it. Below is correspondance direct between my...
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    Is my HDT Invalid

    Have been reading the thread on Settling Trusts and has me a little concerned on how ours is setup - specifically the trail of the $10 settlement sum......I had this at the end of that thread, but alot of posts so I've bumped it here... We setup a HDT recently with a Corp. Trustee. My wife...
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    How much would you pay???

    My house does not have a cover on the existing switchboard so I asked the RE agent to get a quote for a lockable box to put around it. Quote came back from their 'preferred' handy man. Steel 550+ GST Wood 660+ GST I literally need a box 40cm * 20cm * 40cm. THIS is 4 bits of wood, a...
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    Need urhent help........and/or nominee in WA

    I know this is in the wrong spot (should be under acct and tax, but trying to get quick exposure due to short timeframe). I signed a contract on and/or nominee on November 24th in WA. Was setting up a trust and not 100% it would be done in time, so covered by saying myself or XYA pty ltd ATF...
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    Clauses in Agency Agreement - am I unreasonable?

    Hi, Interested in anyones views on this re reasonable / standards. Am about to sign up a management agent and they have just sent me through their standard landlord - Agent agreement. I have issues with the following terms they have put in. 1) I agree to take them on for a fixed period...
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    Value of garage, storage, carport?

    I'm about to settle on a property in Perth with a fully renovated period house and absolutely no garden, drive, storage etc. etc. Imagine a new house on a vacant block. I'm trying to work out the best bang for buck in terms of what I put there to attract tenants. I have to landscape and put...
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    Landscaper in Perth

    Hi, I know alot of people say it, but this forum is great. I'm based oversea's and the advice here saves me significant time. The nice introduction is ofcourse followed by request for more advice :) I'm looking for a landscaper I can use in Perth. Given I'm not there they need to be...
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