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  1. pulse

    Certificate of Title

    Hi Guys, If I have refinanced a property and discharged a mortgage, what happens to the certificate of title? Does the bank send it to me or what? Little bit green when things start getting technical.. Cheers Pulse
  2. pulse

    Worth Insurance claim?

    Hi Guys, I've had a fence damaged in three places by drunk Saturday night vandals on an IP in Cobar. It is a colorbond fence on a main street. The tenant is keen for a stronger fence since this has happened many times. Are insurers likely to pay for a strong timber fence or just want to...
  3. pulse

    CBA refinance

    Hi All, looking for some advice on refinancing. I currently have 2 resi properties with CBA at 0.7% discount and one commercial on a Better Business Loan at associated ridiculous rates. They are all X-coll and total borrowings is $640K. LVR is about 45% overall. I plan to refinance with my...
  4. pulse

    tenant compensation

    http://www.austlii.edu.au/cgi-bin/sinodisp/au/cases/act/ACTRTT/1999/23.html?query=^tenant%20injury This really annoys me... these tenants stayed for 7 years and then were awarded $3750 when it was decided they didn't maintain the place properly. unbelievable... you are allowed to move...
  5. pulse

    RE Agent ethics - SBS tonight

    Did anyone see the show in Airds in Sydney tonight. It was about a dept of housing suburb which profiled a few families. It profiled a real estate agent who, when a place had no interested buyers at auction lied (on camera) to a couple of other buyers. She changed the sticker to "for...
  6. pulse

    Help...How to do a market review notice in 4 days!

    Hi guys, been a bit tardy recently, so a deadline has snuck up on me. I own a bank in Cobar with an attached residence. The residence is under a seperate resi lease which has an annexure with potential for market review. The house is 1960s 3 bed timber with garage for $185pw. I bought it in...
  7. pulse

    my realestate.com advertisment

    Hi Guys after my dodgy start to self management, I've decide to let the experts do it for me... What do you think. Its a large block with a shop and two units. This is the upstairs unit with the great deck! Cheers Pulse...
  8. pulse

    Leaking pressure valve - Who pays?

    Hey guys, My dad just got an email from his tenants via the agent asking for $2000 in electricity wasted by a leaking hot water system valve. The valve has been replaced now. They didn't send copies of the bills and said that they would stop paying rent if dad does not pay. They also said...
  9. pulse

    Demanding tenants

    I've just finished a beautiful reno, 1890 terrace, top floor as a seperate unit. Polished 7 inch cypress pine, stainlesss steel appliances, new fridge, microwave and front load washer and dryer supplied. Rent $220 p/w large regional town in NSW. Tenants are demaning to say the least...
  10. pulse

    broken hand

    hey everyone, I broke my hand today playing touch football! This week i've gutted the back of a shop I own with a plan to reno next week. I unloaded 20 sheets of plasterboard this morning in anticipation. The irony is that I'm an orthopaedic registrar dealing with these things all day. I...
  11. pulse

    Building over sewer

    Hey guys, just though I'd ask for comments after the council was less than helpful today. I have an IP with two flats and a shop. At the back of the block (with side lane access) is an old termite infested garage. Two temporary poles are holding up the beams that have already failed! The...
  12. pulse

    My kitchen

    Hey Guys, I finished the kitchen today, It is one of two in a couple of apartments I'm renovating. I did everything myself so I'll share: 1. cupboards - 16mm MR melamine from laminex, ordered 550mm x 3600mm and then docked to length on a panel saw. 2. doors - 18mm MDF arises sanded...
  13. pulse

    Commercial insurance

    Soon I have to pay my insurance premium on a shop and two flats. I find that outgoings will often eat into any positive cashflow. I wondered if people could share their insurance premiums. When I bought this place the insurance was quoted as $600 pa which must have been very under-insured...
  14. pulse

    trusting tradies in your house

    Hey Guys, I'm working away from home in hospital provided accomodation currently. Today the A/C maintenance guys came around as organised to service and check the split system. The hospital let them in as agreed with me. When I got home my Macbook was on (asleep) and had been turned on at...
  15. pulse

    Depreciation Question

    Now this is a question that has been partially covered before. I've done some renovations in which I did a large component of labour as well as some help from several "cash on weekends" tradesmen and a few missing receipts from auctions/Trading post etc. My accountant says that the use of...
  16. pulse

    Land Tax Leaches

    My Dad (in his seventies and retired) has just received a bill from Morris for $12000 in overdue land tax. He always had his accounts professionally managed and was never informed of the need to register for land tax. The assesment has $3000 in penalties charged at $13.5% His investment...
  17. pulse

    Property Sales Data

    I'm in the process of looking at a new PPOR to renovate and sell in a year or two. I was finding it difficult to value so I researched the various property sales data websites. They are: RP Data $39 12m suburb report $59 24m suburb report $49 12m postcode report $69 24m postcode report...
  18. pulse

    Urgent commercial finance advice needed

    I have a situation that I'll briefly explain. Buying a commercial property for 300K (property C). 240K is secured by two existing residential investment properties (properties A and B). 60K is a loan secured by the commercial property itself. Rates as follows with CBA: Property A : 6.57%...
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