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  1. pulse

    Asphalt Driveway repair

    You can get bitumen coatings to seal the cracks, the surface needs to be waterproof or it will fail. Not sure of retailers, but you just need the liquid bitumen, no aggregate Cheers Pulse
  2. pulse

    ITunes

    Hi Skater, a business can't play music without a license to do so. Skating rinks are included. I'd forget the music idea all together, exposing yourself and the business to a lawsuit or at least compensation. BTW I'm not sure music piracy is best discussed here, since we are all honest, money...
  3. pulse

    ATT: All OWNER BUILDERS/BUILDERS! HEEEELP!!!

    Agree with Propertunity, owner builder permit rules are pretty similar in every state. Cheers Pulse
  4. pulse

    Miserable Property Investors - WDYT?

    Great thread, My grandfather once said, if you have nothing and have worries, then wait until you have something, then you'll know what worries are.. Time and time agin you see posts here from people stressed out about their tenants, or rates or any of the many headaches property investing...
  5. pulse

    Help - rotten ceiling - Landlord's Rights?

    As the others have said just fix it... you shouldn't need to ventilate a bathroom after use. Install ventilation wired to the light and paint the new ceiling with semigloss paint which is less permeable than flat paint. I just moved into my unit, the tenants cleaned the ceiling mould perfectly...
  6. pulse

    Is there a doctor in the house?

    My take on the Patel thing after reading the summary of the findings from the QLD Supreme Court. I must say at the start that I feel for all the families involved and offer my condolences for their loss. Criminal charges against a doctor who is (presumably) performing to the best of his ability...
  7. pulse

    finance brick wall

    You've hit the standard wall that you hit when you buy CF-ve. It's not a strategy that keeps working for more and more properties. It works only until you run out of income to deduct tax from. It also only works while equity goes up. Even if you bought one or more properties, you are still...
  8. pulse

    Remove walls and fixing the roof

    It is possible, changing a roof line is very expensive, the old one needs to be removed, new trusses put up then reroofed in tiles that match the old ones. The house needs to be covered in the interim with a big tarp. Other problem is increasing the wall height of the existing wall, might need...
  9. pulse

    Whats the chance of being audited for FHOG?

    I think they routinely ask you to send in evidence after 12 months. I got a letter and had to send copies of phone, power or gas bills. In the end sent them an australia post change of address form and a power bill since I didn't have gas or a land line. Cheers Pulse
  10. pulse

    12 rental houses, 1 town, no insurance

    They would have third party property insurance. Self insuring is not really gambling, it's an assessment of risk. I thought my example illustrated this. If you have one $2million IP then you obviously need to insure it. If you have 20 $100 000 IPs in different towns in different states then...
  11. pulse

    What I could claim on this potential IP?

    The ATO feels you are obliged to try and find out the value of renovations rather than just getting a QS report. I'd get the vendor to write you a letter stating the value of the reno as well as stuff like the oven, A/C etc that may be depreciated faster. Cheers Pulse
  12. pulse

    12 rental houses, 1 town, no insurance

    Hey come one here, if I was a tradie who owned 15 utes, I wouldn't insure them because the premiums would buy a new one each week, so if one crashed every year, it doesn't matter, it just gets replaced. If all 15 utes were written off in one day I'd be really unlucky.. and this would be hard...
  13. pulse

    Our roof restoration nightmare (Brisbane)

    A few issues, the high pressure cleaner you described is used by some. All roof traffic has the potential to cause leaks... it is inevitable, each time I get on the roof I end up breaking a tile accidently. The "pointing half done" is just an area where they have repointed and an area of old...
  14. pulse

    Tenants just moved in sent us a breach notice!

    Thats exactly the point, no-one.... tenant, landlord or agent could predict this and Olive fixed it as soon as she knew.. within 24 hours. As a good will gesture 1 week was generous but their claim and the reasoning on which it is based is ridiculous. Pulse
  15. pulse

    Tenants just moved in sent us a breach notice!

    If the power was connected when the previous tenant was there and now the electricity company decides its not safe how was Olive to know and anticipate this? These tenants are trouble. Anyone who starts asking for compensation from someone they just met is kidding themselves. I once had a...
  16. pulse

    Paint Sprayer

    I bought an ASM Zipspray 2100 for under $1000 from the US. The store no longer sells them but these guys do. It does come in a 240 V version... with an australian plug even. Locally they are available but pretty expensive. I don't know why these things are more than twice as expensive in...
  17. pulse

    Do I need a sparky to change a light switch?

    From silicon chip online; I laughed when it was suggested a sparky needs to check a roof cavity prior to insulation installation, next I'll need a sparky to check my house when I buy it. The reason people are naive when it comes to electricity is that they are taught to fear it and so know...
  18. pulse

    Any advice on retaining wall troubles?

    Sounds like your garage will need underpinning prior to the excavation. You can't excavate first and then support the structure later... Cheers Pulse
  19. pulse

    Speed fine - anyone experienced it?

    my mate got parking fine... put it under the wiper of the next car... the rego was not recorded on the slip..... pulse
  20. pulse

    Legal Issue.? I'm confused..??

    that's why you need 3rd party property... A friend fell asleep after all night at work (driving home at 9am) Cleaned up five cars.. now in a payment plan with a few insurance companies Cheers Pulse
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