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Thanks guys, Does the valuer have to have access to the property? My accountant was talking about using the cost plus method but my understanding was that this was for ip's that had never been a PPOR.

OK I have another scenario for you. I converted our old PPOR to an IP and at the time of financing the banks loan officer said she would supply me with a copy of the valuation so that I could work out the CGT if I every sold. However despite my constant asking it never eventuated. Moving...

OK, the property is now rented. I reduced the rent to $240 and as such could only ask for 4 weeks bond. This saw an increase in interest but not by much, (I got 3 groups of people to the open instead of 1) which tells me it must just be the time of year rather than the rent. All up the unit...

I'm good Rob, Glad to see you still on here, it's been a while for me! I have just advertised on Gumtree, it has certainly come a long way since I advertised on there about 2 years ago, I will let you guys know how it goes.

Ok, This is the property. http://http://www.realestate.com.au/property-unit-sa-woodville+west-407813281 From the looks my property is slightly on the higher side compared with the others of similar standard. It's a house that is divided into two, I own the other one as well which is...

Thanks guys, It s a unit that is why it is only $260 and this is average for the area. I don't want to lower the bond but its a catch 22 because if I lower the rent under $250 then I can only legally take 4 weeks bond. I'm not concerned renting it out myself as I have never used a PM at...

Hi, I am a private landlord and have advertised my property on RE.com and Domain (through Landlords choice). The property is advertised at $260 and I have asked for 6 weeks bond as I am allowed to since the rent is over $250 in SA. However I have had an absolutly dismall response. 2...

Hope your friend wins, I clicked like.

The answer is to rent where you want to live and invest where you can afford to buy.

Thanks for the replies. No, kicking his butt is not an option, I don't like the idea of going head to head with a 6 foot 6 tae Kwon do instructor. Yes he is aware that he is behind in rent and in fact I even gave him a week free in exchange for doing some renovations on short notice before...

Michael, When I have used them in the past the 90% of the enquiries came from RE.com so you a losing allot of potential tenants.

Me to! Thanks Bill, The house is tidy and his furniture is good but the yard is a little messy so it may sell quicker if he was out. I did have a thought of how to recover my money, as he is a Tae kwondo instructor I could ask him to pay the owed rent in free lessons for my kids.:rolleyes:

I am afraid that I have broken the number 1 rule when self managing one of my Adelaide properties. I have let the tenant get behind on their rent. This has occurred as I have currently got the property on the market for sale and as the tenant can be a little difficult sometimes (and also...

That's a shame that they can no longer operate, hopefully they get back up and running.

Well we finally had our first meeting last night, we had a great time catching up and talking about different investing strategies. We are planning to have future meetings once a month for dinner probably the third Wednesday of each month. If you are interested in joining us please join...

I need a thong

I remember reading of someone on this forum who had the same concerns that you have so they leased a new one so that when it did break down they only had to call the service department and didn't have to fork over any money. Apparently they saved themselves allot of money this way as the tenants...

I have an old oil heater in one of my ip's which is broken and not working but due to its age and the fact that there is a reverse cycle air conditioner in the room I have not had it fixed, when I show prospective tenants through I tell them all that it is broken and it will not be getting...

Hi, I'm not sure if this link has been posted before as I do not get to visit this site as much as I used to. I came across this series of videos on Youtube from Tenancies SA (OCBA) about resolving tenancy disputes which may be useful to those here in SA...

I have an account with RP data and to be honest have not been that impressed, I have come across Australian property monitors (mentioned above) which is cheaper and looks better. http://www.homepriceguide.com.au/Products/Product.aspx?ProductID=6&Audience=Investors Has anyone used both RP...