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    Repairs and Warranties

    How does your PM organise repairs and warranties? How do you know the tradesman is installing a good item and not some cheaps as chips one. EG I just had a kitchen fan installed and some downlights/transformers replaced, the invoice says Install exhaust fan, replace downlight transformers...
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    Interest Deductable - LOC

    I sometimes put my spare cash into my LOCs, say $10,000 a year. Then if I have to pay for anything for the IPs I stop making the monthly payments to the LOC for awhile. Because I have stopped paying any of the LOC for awhile, is all the interest still deductable?
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    Strata Mnger sueing LL for stress

    I am the owner of a unit in a block of 4 units which are self managed. All other 3 units are owner occupied and they are complaining that my tenants are causing them stress over their petty arguements, eg kids playing, moving pot plants, car parking. I have discussed all of these issues with...
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    Changing LOC to Offset

    I want to change my LOC to an offset loan. It will cost $300 for the switching fee. The purpose of the loan is for the existing Investment Property. I want to place money into the offset account, which will reduce the amount of interest paid each month, but then perhaps at some point of time...
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    Covers for Down Lights - Legal

    One of my units has down lights, that were installed in about 2004. I bought the unit in 2009. The down lights do not have covers on them, do I have to get covers put on them? If a fire happens because of the heat, am I still covered for building insurance?
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    Replacing down lights cost

    I want to replace my down lights, with the fluro types, that don't use a transformer. I have about 28 to replace, what would be the cost of this, as I have to get an electrician in.
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    How long Between Tenants

    HI how long should the PM take to get a new tenant. Tenant Leaves, Next day PM does inspection. How long to get the open inspection done. My PM seems to be taking one week before having the open, is this right? Couldn't it be done earlier.
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    Tradies Compensation

    I received the Strata Data Newsletter today. It had an article in there saying how Tradies can now claim compensation from the LL, and the IP is a work place to them. Apparently an electrican got electricuted by live wire and this was unsafe, and the LL should have known about it. I thought...
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    Termite windows

    Does anyone know if these termite windows are worth it. They are small things drilled into the wood of your home, and you can see if there is any termites in your wood. www.greenpest.com.au For $100.00 it would be a very good investment
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    Bali holiday

    Hi, I am thinking of going to Bali in June /July. Do you think it is safe?
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    Swimming Pool Fence

    My tenants have put an above the ground small pool out the back. It is about 1 metre deep and 2 x 2.5 metre wide. There is no pool fencing around it, and I have no intention of putting one in. She has got a 1 year old baby. What are the legalities of this, as I am the property owner. Should...
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    Switch LOC to Offset

    I am thinking of changing one of my LOC to somehow have an offset account linked to it, this way I can put all my savings in it and pay less interest. Later I can take the savings out, and all the interest is still dedutable. If the tax office asks why I changed to an offset, does it matter...
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    Are curtains back in

    HI I have noticed in some of the magazines that curtains are shown. Are they making a come back. I need to fix up some windows, and should I use curtains or blinds.
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    Self Managing Records

    For those who self manage, how do you keep your records. Is it worth buying a product such as Rent Master or do you use excel spreadsheets and reminders in your calendars. I am seriously thinking of taking the plunge.
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    One loan for all IPs

    I have 4 IPs, and 4 LOC loans. I have another loan LOC that holds the 20% deposits for the 4 IPs. If I put all of the 4 IPs into one LOC, what happens when I sell one of them. How does the bank work out what is left in the loan? and the other 20% that is in the other LOC. Or should I just...
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    Self Managed Strata in SA

    HI one of my block of units is self managed. We do not complete a tax return, as we do not receive any interest/income. If we were to change banks and get some interest say $50 per year, do we have to register as a business, fill out Bas forms and complete a tax return each year. I tried to...
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    Renewal Letter

    Hi I have just had a letter from the PM about the lease renewal. In the boxes to tick, one of them is do not renew. reason.............................. Am I obliged to give a reason. The lease expires and that's that. I assume it is just an info copy for the PM?
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    Indoor blinds

    What is the best type of indoor blinds to keep out the heat. Venetian, roller blind, shutters. In my PPOR the family living area is so hot due to the big glass windows and the sliding door. I already have outside shade cloth blinds, and indoor curtains, but I think I need more. I don't...
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    Renting out to Minors

    HI the unit neighbour wants to rent out my unit to his daughter. She is 17 years old, and will receive Youth Allowance, which is about $371 plus Rent Assistance $111 per fortnight. The Rent will be $440 per fortnight. If I make out the lease to the daughter, is this legal, should I get the...
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    Loc

    If I decide to pay down $20K on a LOC, am I then obliged to continue paying the interest each month. Can I wait until it reaches the limit again.
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