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I love Property Manager Pro and everytime I use it I thank Rixter for recommending it. My accountant loves the way I present my IP EOFY docs which is made so easy by this programme. My son has just bought his first property and said that he has been unable to source PMP over the Net. Now I...

Thanks, chilliblue Have passed on your info and also bookmarked the flat-chat website for my own use. I'm on several body corporate committees and can see that it might be very useful in the future. Really appreciate your help. Thanks again.

The annual building insurance on two apartment complexes in which I have an interest has just been renewed for $6,000 and $9,000 less than quoted by the original broker. It certainly pays to shop around and if you don't want to do the phoning around yourself just try another broker as we did...

Thanks, Tony, Macca and Dave As a result of your helpful advice I've done a bit of googling and sent off web addresses to my friend who is really appreciative and hopeful of a satisfactory solution to this situation. Will encourage her to join Somersoft. I spend so much time away from home...

Thanks, Dave. This isn't my property but I care about the person in this predicament and will pass on the suggestions that you have made. My friend has even considered paying for the majority of the pool repair (quoted at approx $24,000) herself with the expectation of being repaid when the...

This property is in Queensland. But it is an interesting scenario regardless of which state. I wonder if the issue of voting power being in the hands of one person only, and to this extent - that is 8 votes to 2, has been discussed previously. It seems odd that the BC managers are powerless to...

Would like advice please regarding a block of 8 flats where 6 are owned by the same person who, when financial, has majority vote. The complex needs major maintenance incl pool that leaks and is currently empty but for green slime from rain water catchment and guttering that drastically needs...

Happy birthday, Rob, for yesterday. Big congratulations, too, for your Investor of the Year win in the Your Investment Property awards. Just saw your pic in the 'Tiser with details of your planned celebrations tonight. Have a great time and, again, well done! Cheers

This is the bit that I was referring to in the above post. Maybe they do things differently in Qld. Cheers

Hi Tracey Perhaps I misunderstood andre's statement when he said that the solicitor paid his share of the council rate assuming that it hadn't been paid. In my case, settlement was due 3 days before the last date to pay 3rd qtr rates, payment of which was sitting in my netbank scheduler. On the...

A similar thing happened to me just recently when I sold a property. The quarterly council rates were in my scheduler in Netbank and were paid after the conveyancer had done her calculations based on the rates not having been paid. She said that there was no drama and that she would make out the...

Wylie, you are a genius or at least a "wise person of Somersoft"! sleep tight

Ok, Ky, one last guess. She planted her own rubber trees on her holdings and repaid the dealer with her first tappings. Cheers

OK, KY, I give up. Put me out of my misery and tell me what she did! Obviously, I'm not one of your "wise people of Somersoft"! Cheers

Hello Ky My guess is that she married the rubber dealer. Cheers

I've just found a thread from 2002 discussing unit v houses and the different titles involved. We are looking at buying a 1960's unit in a upmarket area in Adelaide which is on a Moiety Title. I was very apprehensive as I remembered a neighbour decades ago having a property on a moiety title...

We have just sold a property in Adelaide and were asked to nominate the minimum price that we would consider selling for. This truth in advertising is to stop agents/vendors wasting buyers' time by advertising properties, often in an auction situation, at a price or in a range (usually low) that...

Thank you, Petal, for this thread. Now I remember one of the reasons why our last SA purchase was acquired through a Trust. A saving of $5.109.00 on the Assessment figure! Just have to dig out all the relevant paperwork to send off. Cheers

Hi Pushka Are your sure about this? As I've just posted in another thread, our cheapest IP in SA is a unit with "taxable site value" of $52,000.00 and the land tax on this property is $466.45. The property has been valued at $215K but I have the Land Tax Assessment in front of me and there...

Hi Petal Just for comparison. I've just paid our Land Tax bill on five SA properties (PPOR is exempt) with total taxable site value of $837,00.00 - the amount was a whopping $7,508.00. The cheapest property is a unit with taxable site value of $52,000.00 and the land tax on that alone was...