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Then the tenants will have to wait until the 8th month next year for aircon! Unless you specified to the prospective tenants that aircon will be installed and haven't done so I don't see why you would be obliged to instal aircon at all. I am pretty sure that if you and the tenants agree then...

Thank you for all your input. I have heard back from the PM and fee only applies if they are to project manage a large reno/refurb and does not apply to minor works.However, there is no definition of what constitutes 'major reno' meaning that if ever the situation arose there may be a dispute...

We are actually not doing a reno but we are lookng at installing fans and a couple of other cosmetic jobs and are not sure whether this charge applies as there is no definition of what constitutes a reno/refurb. I have asked them the question but was not sure if the fee was normal or not.

H All, I am about to sign up with a PM in Bris but the contract states that there is an 11% fee applied for refurb/renovations. Is this charge normal as it seems quite high and there is no definition of what constitutes a refurbishment or renovation. thanks for your advice. Ric

Had to go to Liverpool a couple of weeks ago, plenty of new development to come and parking is a nightmare already. I believe that there are too many apartments and not enough open spaces or attractions. The council has not done enough to beautify the area and make it attractive to walk through...

Thanks Rolf, Our other concern was the amount of available land in the area so we have gone a bit soft on Coomera but will still look at it if the right deal comes up.

Hi All, My wife and I have been looking at various areas to purchase an IP and really like the looks of Upper Coomera for a long term hold. All the stats point to it being a growth area. Vacancy rates are low but one concern is that the % of renters is close to 50% of all homes, is this...

I totally agree with you insofar as most deaths that have occurred in Irag over the past 11 years have been caused by insurgents killing civilians and Sunni attacks on Shia and visa versa, not the coalition. But just a correction, it was Neville Chamberlain that declared war on Germany not...

We looked at Culburra a a few years back, and even found some good properties that we thought had potential, with water views not waterfront ,high up in Orient Point but were put off by what I think was an Aboriginal reserve which looked quite run down. Are they doing much improvement in this Area?

Hi Knightm, Thank you for your reply, understand that your area of expertise is South coast and appreciate that. Quite a few years ago we were actively seeking an investment property around St Georges basin, Culburra beach but got cold feet when we couldn't find what we wanted and was worried...

Ok Thanks, I was only thinking about the Woolongong line . Checked it out , train times almost exactly the same, using Toronto as a base. With transport links to Sydney, demographics, lifestyle, access to the beach and lake/basin all being close to equal I guess it comes down to analyzing which...

I wouldn't touch it. Too much competition in the insurance market. The only way to obtain growth is to increase market share and there is nothing that they can do that would be different to the others. This will go the way of qantas and telstra.

Follow the golf every week, love to see Europe beat the yanks

Hi Knightm, Given the above, why would you chose say Nowra (just over 2 hrs from Sydney) over say Lake Macquarie (Just under 2 hours from Sydney) with similar lifestyles and demographics? To me, and I am certainly no expert, the central coast appears more attractive for purchase of an IP...

Ok, this is just a guess but I believe the problem could be associated with a specific frequency/soundwave matching the size of your window thus causing a vibration. It could be from any machine (mechanical, musical) emitting sound at exactly the same frequency/wavelength of your window, the...

If you are going to hold it "for a bit longer" why buy the property, you will need to pay stamp duty on the value which would amount to $33k plus legals. Why not simply hold it in their name and you help them out with the loan in exchange for a % of any capital gain over the $840k?

Park Central in C'town has many apartments, is within walking distance to train station and Macarthur square, maybe worth investigating price movement in this area.

Hi Arashi, I live just north of C'town, There are a lot of older houses and units in C'town that can be rented quite cheaply. My brother in law subdivided a block their and built 3 units, he has not had a problem renting them out but I am not sure if they have appreciated in value but he has...

Thanks for your quick response, I appreciate your answers so far and I acknowledge that I am always initally skeptical, but conversly once I sign up with a professional I have faith that they will work in my best interest.

Hi Everyone, This is my first post as my wife and I are looking at investing in property but are not sure where, probably Brisbane or Adelaide. Given our lack of expereince we are looking at using a buyers agent to assist. My question is, if a buyers agent is able to find the best deals on +...