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  1. Sungam

    Tenant suing for a new TV, has this happened to you??

    This tenant is going to be his own worst enemy methinks.. I'll let everyone know how it goes with the TV..
  2. Sungam

    Tenant suing for a new TV, has this happened to you??

    Hi Dazz, Appreciate your input. (made me think, hurt my head!) I've had a few tenants over the years, and I think I've been pretty good with them. Respected their privacy and attended to all their maintenance issues promptly. Hey, tentants are people too, I used be one, a tenant that is...
  3. Sungam

    Tenant suing for a new TV, has this happened to you??

    yes, good point! :p I might have to start up a business renting Plasma's to renters, keep one for myself.......... hmmmm
  4. Sungam

    Tenant suing for a new TV, has this happened to you??

    Hi All, Thanks for the replies and feedback. LilSkater and Jaycee, my apologies my original post wasnt clear enough. (I'll reedit and fix it up) My PM told the Tenant to make a claim on their own Contents insurance. It became pretty obvious that he doesnt have any.. update...
  5. Sungam

    Tenant suing for a new TV, has this happened to you??

    Hi All, I was hoping that someone could offer me their views, experience, insight and opinions on a tenant issue that I am having a the moment. Here goes.... two weeks ago I get a phone call from my property manager stating that 1. Tenant is willing to sign an other lease for 6...
  6. Sungam

    Accountant - Wynnum/Bayside Area

    Hi Ben, I would NOT recommend Wilson & Newey at Tingalpa, before Howard retired they provided me much better value for money. I used to go to Terry Hassard on Wynnum North, but he was a bit "rush in - rush-out" for me. I spoke to Vagg Taxation (Wynnum) and asked if I could see an...
  7. Sungam

    Stamp Duty QLD - O/Occ - IP

    Home Owner/ live in/ Owner Occ - all the same thing One rate is if you live in it or owner occupy it irrespective of it being your first home or not.
  8. Sungam

    Stamp Duty QLD - O/Occ - IP

    O/Occ = "To live in" The Owner Occupier rate I am referring to is the "To Live in" rate found on most Stamp Duty Calculators http://www.yourlocalrealestate.com.au/stampduty.htm
  9. Sungam

    Stamp Duty QLD - O/Occ - IP

    Hi, I'm going to talk to my Solicitor on Tuesday about this but I'd appreciate input from this forum as well. Background: I am currently in the process of buying IP number 3 (Manly), Brisbane. I am also in the process of finishing renovations to my PPOR (Wynnum)(ongoing.. last 5 years...
  10. Sungam

    Embarrassing Confession!

    lol ever type lol when you're not really lol-ing? check this out http://www.youtube.com/watch?v=up-RX_YN7yA
  11. Sungam

    Where to get location stat's for research? ie, yields, growth, vaccancy rates

    API & Residex Hi, I'm a subscriber to API and find this a very good general source of information. Take a look at Residex , they have all types of reports for differing purposes, some high level some very detailed. Cost ya money, but hey you gotta spedn money to make money...
  12. Sungam

    2008 goals

    My Goals Hi, Here's mine 1. Finish off Renovations for PPOR - New Bathroom and Kitchen. Put on a Deck and complete Landscaping. 2. Buy another IP, submitting an offer tomorrow (see how that goes). 3. Knock off 4 more subjects for the BRTP I am completing. 4. Make a career move into...
  13. Sungam

    Quotes That Inspire & Motivate You

    mine "Success is not final, failure is not fatal: it is the courage to continue that counts." Sir Winston Churchill “Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor...
  14. Sungam

    Pay off PPOR or buy IP?

    Ip Divert that extra money into buying an IP. now! I was almost paying double on my mortgage repayments for a long time, after about 5 years I thought to myself " hey this extra $1000 a month would go along way towards paying off another rental" so I finally did it this year. I stopped...
  15. Sungam

    Tell us about your lifestyle (wages, job, age)

    Me 1. 36 2. IT/Admin 3. 67,000 4. Married/2 kids 5. 1st IP purchase was July 2003, 2 IP's......3rd IP end of year...early next year.
  16. Sungam

    Asbestos and saftey switchs - getting tenants out

    Asbestos Here is something most people don't know. There are a lot of water pipes servicing Qld that are made out of asbestos!, yes that's right not only might you be breathing it, you could also be drinking it. An experiment performed at the Brisbane Airport Terminal revealed the following...
  17. Sungam

    Pending Recession...

    I dont believe you need to spend between $400 and $500K to get a blue chip property in Brisbane. There is plenty in the Bayside area around the $350K to $400K (SUD's) renting for around $300 to $360. Capital gains in bayside over last ten years has been around 11% (check out API). As far as a...
  18. Sungam

    property software

    Yeah, recommend it even before buying anything (I did). It lets you explore and feel "comfortable" with a variety of scenarios. The price is negligible compared to the long term gains to be made from IP's Bite the bullet man!!! "you have to spend money to make money" - Rich dad Poor dad...
  19. Sungam

    Curtains, venetians, timber blinds?

    I went to the Reno Kings Seminar in May last year and they recommended installing 25mm white plastic venetians. They are cheap (apparently, I havent priced them). They said that they are good for keeping light out for the tenants (fully closed) and excellent in showing off the house when empty...
  20. Sungam

    what am i gonna do with this list from the tenant???

    I don't think your tenant is being unreasonable. As some of the previous posts have suggested, not everyone knows how to clean an air con unit or replace glass.. I have 2IP's , I work on the principle that so long as my tenants are paying their rent that I will I attempt to meet all reasonable...
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