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  1. z611143

    My Journey Has Begun

    On Thursday the 29th i settle. With hard work during university not only studying but earning enough and being disciplined enough to save whilst also being smart with my money i was able to save up enough for a deposit. Then i came across this forum and started my search for property. I wasn't...
  2. z611143

    Utilitity cost changed into tenants name ect?

    Who does my tenant contact and how do they get the utilities of the property changed to there name and it comes out of there account. I assume Synergy for electricty Water Coorperation for water Gas ect ??? Do i contact them or does my tenant? Help is appreciated. Perth, Midland...
  3. z611143

    Settlement date: 29th, i should get the keys the same day shouldnt i?

    The REA told me although settlement date is the 29th i wont get the keys till the 30th at midday? Ive heard from someone else REA can be sneaky/lazy and that this may not be the case. I should be getting the keys on settlement date (For me the 29th of Jan). Do i go talk to my conveyancer...
  4. z611143

    Depreciation Report

    Is it worth getting one done? Im not a massive income earner, currently only around 40-45k is taxable income for me. Also i think the place i just bought was built in the 1970's so im not sure if it would be too old for a dep report. Will have to ask deppro. Thanks Z6
  5. z611143

    Managing my own property?

    Im looking to get a mate and someone else to move into my place. This guy i trust quite alot however we all know things can change quickly with friends. Still with like 17-20% cost involved for a PM id still look to do it myself. So i was wondering where to start. Where can i find...
  6. z611143

    Building and Pest - Perth

    Hey guys, Just wondering if anyone can recommend a good building & pest inspector in Perth maybe preferably eastern suburbs. Have got till the 13th of January but thought i best look at sorting this out sooner rather than later. Obviously i know a few wont get back till the 5th of Jan...
  7. z611143

    What questions should i be asking my broker

    I am looking to go with a fixed rate (no offset obviously) to start with as i wont be putting money into my offset as i need to pay back the rents for some minor help and also potentially to study next year, which will limit my income if i wasnt doing those studies, however not by much. I will...
  8. z611143

    Finding and deciding on a Settlement Agent?

    Whats the best way to go about this. Do i pick a local REA in regards to property? Can you save money by picking one over the other? Thanks Z6
  9. z611143

    How do people calculate there cashflow positive?

    How do people calculate there cashflow positive? Is this for an Interest only rate? Is this taking into account the 10% property Management fee? I feel truly there arent really many cashflow positive properties right now especially outside some parts of SA
  10. z611143

    Offset vs Redraw?

    Why would i do one over the other. What does each one achieve? Does it drive up the rate able to get if using one or the other. I still havnt been able to get my head around these. I learn best by an example and numbers. Thanks John
  11. z611143

    My current Situation

    I think there should be a board/thread: Where people can post their current situation and what people think is the best thing for them to do in their current situation in regards to property/finance/research ect Like an introduction sort of thing. Z6
  12. z611143

    'Making an Offer' Procedure

    Im looking to make an offer of a property very soon, probably next week. I have a finance broker that doesnt get paid by me, but gets paid by certain banks where he gets the loan. Im not quite sure if i like this idea or not because he is almost working for his best interest rather than mine...
  13. z611143

    When does the real estate market shutdown?

    How close till Christmas does the real estate market game keep open till? When does it likely come back into action? Generally! Thanks Z6
  14. z611143

    What do i need to know to be able to subdivide and how can i find it?

    As a beginner/learner looking to potentially buy something in the near future with developmental/subdivision ability i thought a thread like this would be beneficial to a few juniors. I thought a thread like this where everything is kept in the one thread would be of great help, not only to...
  15. z611143

    Rcode - Min total % open space

    For example R30, has a 45% min open space total of site. Does this include the driveway? Z6 Also is there a thread where i can put these questions so i dont clog up the board. Feel free to delete mods after its explained and seen.
  16. z611143

    Alerts

    I use another forum mainly related to AFL called bigfooty, some may know it. On that forum it brings up alerts when someone has replied to a thread you have recently posted in or been involved in and are still actively viewing. This doesnt happen here. Either that or i havnt got something...
  17. z611143

    Holding Cost formula?

    Is there a general formula that can better show what holding cost are? Im eyeing off a property in perth with proposed zoning which i like. However i wont be able to build or demolish on it for quite some time as will be limited with funds plus the zoning must be passed. My understanding...
  18. z611143

    Equity - Silly Q

    Can someone explain equity a bit better to me? For me my understanding is the amount you have paid off of the property's value and the amount the property has increased/decreased = Equity you can use :o :( Is that along the lines of being correct, if not please explain. Also if the case...
  19. z611143

    Finding How Long property has been on sale for?

    Having trouble with realestate.com finding out how long a property has been up for sale? Surely im missing something stupidly easy here Thanks if you can help Z6
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