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Hi All, I have purchased a property in QLD which is due to settle on Tuesday (Monday is a public holiday in QLD). Currently the selling agent is different to the managing agent. I would like to perform a pre settlement inspection however earlier this week the selling agent tells me he never...

Hey guys, Ive been using the 3 months free trail of Pricefinder and was pretty happy with it. Unfortunately this has come to an end so Id be keen to join if anyone has room in their existing group logins for one more? Alternatively, if there is enough interest, Id be happy to start up a...

Hi guys, Ive recently purchased a IP in Plympton, SA and was wondering if anyone had a good PM they could recommend in the area? Thanks in advance.

Hi all, Last year I purchased a property however at the time I was contracting through an ABN and hence the bank would not provide finance. One way to get around this was to do a 95/5% ownership split with someone else which I did with a family member to secure the property. This was only...

Hi all, I know someone who has an IP in Melbourne CBD and are currently looking for a PM to manage the property. Just wondering if anyone has some good recommendations of a PM they use in the CBD?

Hi all, Just wondering if someone can confirm if it is a law that all initial deposit cheques given to agents when placing an offer for a property have to be banked regardless of whether the offer is accepted or not? Thanks in advance.

Hi all, Im looking at re carpeting a bedroom in an IP and was wondering if anyone knows of anywhere in Melbourne (preferably east or south east) where they sell offcut pieces of carpet? Everywhere Ive been to only sells it by the meter. Since its only for one room im not really too fussed on...

Hi all, Ive recently purchased a 2 bedder apartment and am looking at doing a cosmetic reno on the bathroom as it is very outdated with it being built in the early 70's. Id like to start with the bathroom and was looking at retiling, replacing vanity, toilet, bath, taps etc. With the older...

Hi all, I was looking at purchasing an apartment in Melbourne which has 10 on the block. The apartment block was built in the 60's-70's. When looking at the section 32 I realized that it is owned by a company and not strata titled like many other apartments so basically I would be buying into...

Hi all, Ive currently got an IP which the tenants are constantly paying the rent late from the time they have moved 5 months ago. They seem to be paying in dribs and drabs and are constantly short but not short enough of the 14 days for a letter to vacate to be issued. Reminder letters have...

Hi all, Im due to settle on a property tomorrow at 11:30 but apparently the vendors are not ready as the bank has lost the title. Since their bank and my bank are both the same bank, Ive been told that I can settle without the title and that the bank can put something in writing agreeing to...

Hi all, Just wondering if anyone had a PM which they were happy with and can recommend in Hawthorn or around the area? Thanks in advance.

Hi all, Ive been looking arond the Hawthorn area for 2 bedroom apartments. Looking for something around the 270-300K mark with renovation potention as many of them seem to be pretty run down around that price range. Just wondering what your thoughts are on the area for 2 bedroom...

Hi all, I had an electrician go out by my PM to my IP today to have a look at a faulty outdoor light and to replace a blown transformer on one of the down lights. The electrician advised my PM that all the electrical wiring for all the down lights were an "amature" job and obviously not done...

Hi all, Just after some advice from people who have done some renos before. I recently purchased a 2 bedroom apartment. The apartment is pretty worn as it was built in the 70's. I was thinking if I can reno it for a reasonable price then I may do so given i can get back a decent rental...

Hi guys, Just wondering if anyone can tell me roughly how much depreciation I would get on a 2 bedroom apartment built in the mid-late 70's. Building depreciation wouldnt apply due to the age. No renovations have been done to it and it is in pretty average condition. Thoughts? Thanks in...

Hi all, Just wondering who is responsible for smoke alarms in an apartment with body corp? I had an inspection done and it turns out there is no smoke alarm in the apartment. Is that my responsibility to have one installed or is that body corps? Also, do they have to be hard wired ones or are...

Hi all, Just wondering how do you determine whats a repair/maintainance and whats considered an improvement. I have recently purchased an IP and the shower screen glass is cracked and coming of the rails and the vanity is falling apart as advised by my building inspector. I was thinking of...

Hi all, Im currently waiting on a refinance on my property to draw down the equity which I was hoping to use for a deposit on another IP. The additional funds from the refinance may not be available in time for the deposit so I was considering using some of my offset account and borrowing...

Hi all, Just wondering if someone can advise if I refinanced my current loan to 95% of its current value to draw down the equity in it, if I have already paid LMI when I initially took out the loan, do I pay LMI again on the total loan amount or LMI just on the additional funds which were...