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Tenant in my 3 bed house reported a mould problem in the south facing bedrooms a couple of months back. The house is probably 30 yrs old, brick veneered and built on piers. The soil in the sub floor area was damp so I put in drains along the southern (high) side and improved the underfloor...

Wondering what members experience has been with allowing a PM to control maintenance costs ? My recently acquired IP (3 bed / stand alone house) had some maintenance issues (dishwasher, curtain, etc) and I gave the PM the go ahead to get things sorted. I was duly billed $88 for the dishwasher...

Hi All, Does anyone know of a reliable handyman in the Wollongong / Albion Park area ? Reason I'm asking is that I recently had a new tenant move in to a house I purchased at Albion Park and they identified a number of items that needed attention. I gave the PM the all clear to get the...

There's no doubt that adding a granny flat to an IP will significantly increase the rental return (small decrease in house rental but well and truly offset by additional rental from granny flat). However, what about the overall value of the property - does it increase by the cost of the...

Wondering what people's experiences are with insurance for a IP which is a stand alone house (i.e. no strata). Is it best to go for one of those policies which appears to include both landlord and building/contents in the one policy (e.g. Bendigo Bank offers this) or two separate policies...

Anyone had any experience with repairing cracks in external brick veneer walls ? I assume the most crucial thing is to try and establish what has caused the cracks and whether they are likely to get worse but I guess that is somewhat difficult to determine (the bit about whether they are likely...

Hi All, I'm interested in an IP in the Albion Park area, but have just found out it is subject to a Petroleum Exploration License. I don't know the details of what this license entitles the holder to do yet (currently looking into this) but was wondering if any other forum members have come...

Hi All, Would appreciate any feedback people may wish to offer on good (or bad) property managers in the Lake Illawarra (NSW South Coast) area. My other IPs have onsite managers so I've never had to select a PM before and would welcome any advice.

Hi All, I'm looking to purchase an IP (house) in the Illawarra area, my budget can go up to a max of $400K. Has anyone got an idea of what I should budget for purchasing costs ? I did hear of figure of 6% of the purchase price -is that reasonable ? Thanks