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    Upkeep on timber homes - frequent? expensive?

    A property manager who gave me a rental appraisal on a home also mentioned concerns about the upkeep as there was a lot of timber. Having never had anything but BVs, I hadn't given this much thought. Does anyone here have past experience with the upkeep of a timber home along the lines of this...
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    Requirement for Body Corporate?

    Not sure if this is the right place for this question, but does anyone know if you bought an entire property with 3 townhouses on it, would you need a body corporate :confused:
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    Sunshine Coast - higher end

    Does anyone have any thoughts or knowledge regarding IPs (houses) at the higher end (~$1mil) on the Sunshine Coast? Maybe that isn't high end for some, but I've only had experience with IPs at lower-mid range (~$200-400K) in Victoria. I have only just started looking at getting back on the IP...
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    Hervey Bay

    I would be interested to hear any info on the current state of Hervey Bay. Most of my searches here & on Google come up with relatively old info. The current property prices seem extremely low for a beachside town. I went there a few times as a kid and have always had rose-tinted memories of the...
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    Selling with same REA as PM

    Is better in general to sell through the same agent as you have as your PM? I'm thinking of selling my IP & have tenants in place until April, 2012. Just wondering if it would be less messy all round to have the same agency manage the sale too???
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    Objection to permit worth fighting?

    Has anyone had an objection to their planning permit application from their water authority? Is there any point fighting it at VCAT or is it just prolonging the agony? I put in an application after a block only 2 down from mine successfully obtained one & is now being built on. I spoke to...
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    Sell with or without planning permit?

    Am thinking of putting a vacant 5 acre block on the market and am unsure if it is worth trying to get a planning permit before selling or not. It seems that any permit details I put forward may be quite different to what a potential buyer may actually want to build, so in that respect it seems a...
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    CGT on family homes???

    "THE Rudd government is considering slapping a wealth tax on the country's most expensive family homes as part of a wide-ranging and radical review of the tax system chaired by Treasury secretary Ken Henry." http://www.theaustralian.news.com.au/story/0,25197,25931551-601,00.html Any thoughts?
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    Am I being excessive?

    I've just asked my PM to advise my tenants of a rent increase from $340 to $375 at the end of the current lease agreement. Her suggestion was $345, but she almost always has suggested leaving rent unchanged on my other property & I have always increased it by $5-$10 a year with no issues. But...
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    Machans Beach

    Is anyone familiar with Machan's Beach? I have only visited briefly on holidays a few years ago. Would it be easy to get stable tenants, or do people tend to leave the area over the wet season? Realistically, how great is the danger from cyclones & flooding here & in the general Cairns area...
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    Feel a bit sick

    Just browsing the latest listings for my area & saw the house nextdoor to the one I've just signed tenants up with - it's listed for $150 more p/wk:eek: I had told my PM that I had heard this place was being rented for $110 p/wk more than she had listed mine for a few weeks ago & she...
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    Another responsibilities question

    My PM was saying my tenants want me to supply them with rugs or carpet offcuts or blankets so they can move their furniture in without damaging the floors. I would have thought it was the tenants responsibility to take precautions when moving in. My PM is trying to get me to ring the carpet...
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    Who pays for first time phone connection?

    I just had a call from my PM saying I have to pay or reimburse tenants for the first ph connection. Yet on the CAV website it says that the law does not state whether the landlord or tenant has to pay. Has anyone had experience with this. This wasn't brought up at all before the lease was...
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    Break fees prior to letting?

    What kind of fees should I expect a PM to charge if I choose to go with a private tenant and self manage instead of going with one of their prospective tenants? They've had it listed for about 3wks, on Domain & Realestate.com.au and listed it as a one line text only listing in their regular...
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    Which tenants sounds best?

    I am considering two offers from potential tenants & am trying to weigh up which to go with. 1. Family with 3yr old & 1yr old. Husband is a train driver. Wants to move in tomorrow, but wants to knock $10 p/wk off in return for 'assisting' me with getting the landscaping done. I still have...
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    Accept tenants or hold out?

    My PM rang earlier with a prospective tenant for an IP I've just built, which will eventually become our PPOR in a few years. Despite requesting No Kids, they have a 2yr old & are expecting another baby. They have offered $360, which is above the advertised amount of $340 & want to move in ASAP...
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    Massive water usage

    Just received a huge water bill yesterday for my almost complete IP, which is only days away from handover. $300 bill & statement says 71,000 litres of water has been used in only the last month:eek: Some of the other statements I thought were excessive, since no one is living there, and I did...
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    Paint finish on front doors

    I've just had the exterior painting done on my new IP & the painter has gone and used gloss for the front doors rather than the satin I requested. The argument they're giving me is that as the colour is black, it needs to be glossy to reflect the sun & prevent warping. All the houses that have...
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    Claiming all YTD interest or only rented part?

    If I've had a construction loan for investment purposes, but the IP will only finished in time to be rented out for the last six weeks of this financial year, can I claim all the YTD interest because the loan is specifically for investment purposes, or can I only claim the interest paid once I...
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    Is this Body Corporate Management's Responsiblity

    I've had an IP on the market for almost two years & am getting more keen to sell as I'm building another IP and the higher interest rates are starting to worry me a little. I first listed it for sale at $169K on the RE's advice, but a couple of months ago the RE suggested I should drop the price...
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