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  1. strangep

    Who pays for break-in damage??

    Thanks Duncan The place is in Brisbane and I'm starting to get a horrible feeling that I'm going to be in the same boat. I would also feel pretty hard done by in your circumstances. What is to stop a tenant breaking the window accidentally and then saying it was an attempted break-in...
  2. strangep

    Who pays for break-in damage??

    Hi all Just a quick question about break-in damage and who should pay. I've just received an email from my PM stating that the tenant has reported an attempted break-in. The only damage was a smashed window at the front of the house. They (the PM) have apparently arranged for the window...
  3. strangep

    Refinancing to buy overseas

    Hi all Have been away for a while so hope everyone had a great Christmas and a Happy New Year's :D This is just a quick question and hopefully not too tricky.... I have a couple of friends who are living over here in London and wish to refinance their Australian properties to buy here...
  4. strangep

    PM standard practices?

    Thanks all for your replies. Have taken it up with the PM and am awaiting their response. Will let you know the result. Cheers Paul
  5. strangep

    PM standard practices?

    Hi guys Forgive me father for it's been a long time since I last posted....:D Just wondering, for those of you who are having their rent paid to them once per month by their PM, are you having... 4.33 x (weekly rent - agents fees/charges/etc) paid into your account or are they only...
  6. strangep

    Building Insurance Question

    Hi MB, Geoff That's what happens with the insurance on our house over here and I'm expecting the same from Suncorp back home. Every year the sum insured for rebuilding goes up by an amount something like inflation. Cheers Paul
  7. strangep

    Building Insurance Question

    Hi Reeg Most insurance companies have a schedule of average home building costs for different types of build, usually quoted on a square metre basis. I think most of their estimates come from Rawlinsons Australian Construction Handbook. To work out the replacement value firstly you have...
  8. strangep

    deductions on reno's done pre-settlement

    Bugger We've just replaced a bathroom and didn't get the QS through before we pulled everything out. Is there any way they could estimate residual values of fixture/fittings etc if I could get my bathroom guy to come up with the old stuff that he's ripped out?? I suppose if we can't get...
  9. strangep

    Curly Question

    Thanks asy I stand corrected :D Fortunately, I don't have any personal experience with the Family Court and my opinion was only based on the research I did on trusts before we set one up....I appreciate that it's probably very different in practice. Still hoping it all works out well...
  10. strangep

    Transferring money from UK and tax implications

    Hi Chris There's some useful information at the bottom of the following thread posted by Mike (who is a moderator on the forum)... http://www.somersoft.com/forums/showthread.php?s=&threadid=6297 Hope that is of some help. Cheers Paul
  11. strangep

    IRR on somersoft software

    Hi John I'm still a little fuzzy on this myself but I'll have a go at answering it anyway.... :D You have to think of the money you are actually outlaying to hold the property as money that's being invested, say into a bank account. You will also earn interest on that bank account which...
  12. strangep

    Can anyone tell me how far BIRKDALE is from Bris CBD

    Hi abc Moved monies for deposit and purchase costs across at 2.6. Not as good as the 2.86 I got in September last year but better than the 2.38 I could get now..... :D Cheers Paul
  13. strangep

    Can anyone tell me how far BIRKDALE is from Bris CBD

    Hi abc I was born and bred in Brisbane and have recently started to invest back there.....also have the latest UBD which helps. :D Cheers Paul
  14. strangep

    Curly Question

    Hi AB Firstly, I second asy's thoughts and would encourage you to talk to your wife and try to avoid this if possible. If, however, there is no chance of ressurecting the relationship, correct me if I'm wrong but I was of the opinion that the assets of a trust could not be the subject of a...
  15. strangep

    Can anyone tell me how far BIRKDALE is from Bris CBD

    Hi hwd Depending on what part of Birkdale you're looking at it's anywhere between 18 and 20km (straight line distance) from the GPO and about 6 - 7km by road to Manly. Hope that helps. Cheers Paul
  16. strangep

    REIQ Essential Terms and Conditions

    Hi bbg No, I hadn't contacted any Jenman agents but I do know of one in the area so I'll contact them and see how they stack up. There must be thousands of IP owners in Queensland who have signed these REIQ agreements though, all containing this clause 11.1. Am I the only one who is...
  17. strangep

    Sealing gaps between floorboards

    Thanks for the replies everyone Will probably try using a mixture of sawdust and PVA glue this time round. Found this idea on a floor sanding website over here. If that fails then we'll pull the floor up and re-lay it I think. Thanks again for the suggestions but if there's anyone else...
  18. strangep

    Buyers agents

    Hi all If everyone was up for it I'd love to see a case study detailing what went right and what went wrong. I've used buyer's agents in the past and will use them again in the future because of the overseas situation, so I'd like to learn a bit more about the problems that can arise. I...
  19. strangep

    REIQ Essential Terms and Conditions

    Thanks bbg Tried that and it wasn't acceptable to them...that's why I've tried to come up with a solution that's fairer for everyone involved but so far haven't had any takers. Cheers Paul
  20. strangep

    REIQ Essential Terms and Conditions

    Hi everyone I've recently purchased an IP in the inner southern suburbs of Brisbane. It's almost ready to be let and I've been interviewing potential property managers in order to find the best deal. In the negotiations I've asked to include a number of special conditions under Section M...
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