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I don't know who's responsibility it is when the power company can't connect. I wasn't told by the PM until 3 weeks, that they had trouble. I was told by him that it's usual for new properties to have problems. Is this true? Should I be demanding my rent? The PM threatened me saying...

Hi All, I've recently been really pissed off with my property manager (usual!) I have been chasing my rent every month since january of this year. The tenants moved in on Dec 4 and paid for Dec4-Jan4. However they had problems connecting their power for 3 weeks, due to it being a new...

Thanks for your comments guys, it's reassuring. No, it's not about property, because I love everything about property. True, "Balance" is everything. Easier said than done! As you all would know, once you start it can get very all comsuming! And before you know you're working like a...

I think this belongs in the Investor Psychology.

Hi All, It's been a long time since I've been on the forum. I consider myself to be quite a young invester, so after I brought my first IP, with the help of this forum, I felt 1) so unmotivated to learn more after the 1st 2) also that it was just so much hard work to keep thinking/doing...

Age:27 Work: IT BA Income: $80K Status: Single IP's: 1st 2001, Total IPs 2 + 1 PPOR 40% paid for :)

This is a bit unrelated to PI'ing, but my parents work at home, their industry is sewing - outworkers to the fashion industry. Due to the dust contamination in the air due to the fabric cuttings, my dad was considering purchasing an air treatment system. (my mother has also developed a...

Recent Article in BRW: Taxpayer funds that subsidise investors' negative gearing could be better spent to benefit the community http://enewsletters.f2network.com.au/cgi-bin16/DM/y/eRq10PXQ0Bn30pZ80Aj

I find now my friends and family are wishing that they invested in the property three years ago.... I believe it's only because of the BOOM that people are reconsidering the fact that property is such a good thing! But honestly, if there wasn't a boom, half of the newbies wouldn't be in...

It seems every step I make towards financial freedom is always greeted with negatives from people! You just learn to get thick skinned and always ask yourself, are these people where I want to be? Are they living the lifestyle? Or are they just living? 95% of people are going to retire...

Hi All Should the tenant be paying the whole water bill, or does the landlord pay for the service fee and the tenant for usage?

For those of you that don't subscribe to the Home Price Guide... This is what they published this week: Biggest Sale in Melbourne: 41 St Vincent Pl Hocking Stuart Sold $2,440,000 (2003) They said this property sold in 1998 for $406k I wish I made that purchase!

from the general gist of Tony Commisso's (?) intro seminar, you can effectively reduce your CGT through a few options. ie: set up trust allows for 50% discount or something like that. Say I was to keep the property for long term, even after say 10 years, would it make ny difference in CGT...

I've just received my schedule from Depreciator. How do I work out how much I can expect back for the first year? The schedule is typically set out as follows: Prime Cost + Low Value Pool $1900 OR Diminishing value + Low Value Pool $2100 ------------------ Prime Depreciation fo...

I think good looking may get your attention at first, but it's the charismatic and charming ones that keep you coming back for more. We had two friends, one was good looking and the other was charming. Female clients would always ask for introductions to the good looking guy, but the...

Just interesting in knowing whether you can claim the distance travelled to see your accountant? :D

Hi Ryan, Late last year I went to a seminar by Sean O'Reily and he mentioned that he had a great accountant (that charged a fortune but was worth it!) Anyhow the accountant lived in Ballarat. Try contacting Sean and seeing if he would give you details of the accountant and then you can...

Thanks, at least I know that this is what I should be expecting with the price, b/c my concern was that I was getting charge double what is normal. :eek:

I'm getting really high quotes for a schedule to date??? Am i asking for the wrong report? I am requesting a quote for a depreciation schedule for property pre 1985 house. Napier & Blakely are quoting $950 + gst and $300 + gst for a 20 page report.

Do they service Melbourne? I got the quote from www.depreciator.com.au. Has anyone had experience with them? Are they worth the $715? Or am I paying for someone to fly to melbourne to provide the schedule.