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  1. RentMaster

    Help with painting

    I always do 1 coat all over and then do a second coat. I think the best is to use 2 people, one cutting in, and the other with the roller. The aim is to have the paint still wet at the joining edge when the second person arrives so that the 2 parts can gel together. p.s. I am not a...
  2. RentMaster

    property cycle?

    To add to what Twitch has said. Keiran Trass is a New Zealander and the book is mostly based on his research in New Zealand, but I think the theory applies in Australia as well. However he talks about a 7 or 8 year cycle for New Zealand and about 13 or 14 years for Australia, US and UK...
  3. RentMaster

    Advice needed on buying my first investment property

    I dont know the Sunbury are at all (being from NZ) but I thought I would comment on your last comment. There is a risk if you choose to put it off that you will never actually take action. I know of many people who have promised themselves they will do something but they always find something...
  4. RentMaster

    what would you do if you found out you have only 2 years to live?

    This is an interesting question. Certainly make me think for a while. I would probably do quite a bit of what I am currently doing because I quite enjoy it. However overseas holidays and seeing places as Lizzie has mentioned also sounds very appealing. Initially I thought I would sell...
  5. RentMaster

    Can I recover my property management file?

    I suspect the reason the PM companies are reluctant to hand over their documents is more because they are lazy/busy than anything else. It takes time for them to photocopy and package and post the information. If there is no more revenue to come from you as a customer, where is the motivation...
  6. RentMaster

    Starting out.

    In terms of researching an area, I have found that spending a few weeks going to Open for Inspections' is a good way to find out what is available in different price ranges in different areas. After doing this for a while when a really good one comes along you will be able to spot it.
  7. RentMaster

    New vs Old

    Hi Macca64 When an 'expert' gives you advice, it sometimes pays to look at the motives of that person. The person who said new houses are best - was he in the business of selling new houses? A lot of what you were told is true. New houses do have higher depreciation, potentially better...
  8. RentMaster

    Property Investment Software

    I will reply to this question with caution. The last time I did this I was accused of spam. But the question has been asked. I will keep it brief. Try www.rentmaster.co.nz. Covers property management with a hint of PIA.
  9. RentMaster

    Moving into an IP

    Thanks for that skye_30 - I feel enlightened. Maybe you should check what I mentioned in a previous post. It was legel in NZ up until recently, and might still be legel in Australia. The idea is to set up a company (or maybe a trust), sell your house to the company, and 'persuade' the...
  10. RentMaster

    Moving into an IP

    By the way, this might sound like a silly question, but I am a kiwi so please type slowly and only use small words. What is PPOR?
  11. RentMaster

    Moving into an IP

    From a kiwi perspective, this used to be quite common. People would set up a company, purchase a house into the company, and then have the company rent the house back to the owner. In this way the company could still claim all the expenses because the house was still a rental property. About...
  12. RentMaster

    Software Solutions

    My apologies to anyone who considered my last post to be spam. That was not my intention. Someone asked the question 'can you recommend any software' - so I recommended some software. I can see your point though. RentMaster is not my day job - it is my hobby. I first developed the...
  13. RentMaster

    Software Solutions

    If you are a property investor, and want software to keep track of income and expenses etc then why not use a specialist property investment tool. RentMaster keeps track of your income and expenses, lets you know what your current profitibility is, keeps track of rent arrears, tenant history...
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