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Thanks for the reply Carl. Do you mind sharing what sort of deal you managed to negotiate with LJH? I would appreciate some guidance on what fees and conditions I should be looking to secure with the managing agent as this is my first IP.

I'm looking to rent out my place in Queanbeyan soon and have had Mcnamee & partners in for a quick look. They will give me 8% (as i purchased the place through them). I will give Maxwell a call tomorrow, but are there any recommendations for particular agents/agencies in the...

Hey all, I've been presented with an opportunity to purchase a single title which includes the following properties off the plan: Commercial downstairs; 2 level, 5 bdr residential upstairs; Studio apartment around the back; Double garage; I've obtained the plans and inclusion...

Good point, might need to ask the strata managers whether it can be removed. The real estate agents I spoke to mentioned that "people usually just scrape it off" (indicating that it can and has been removed in some of the units). Only problem is that if there's asbestos in the vermiculite and...

Thanks for the info guys. I don't think there'll be enough room for a suspended ceiling (from memory the agent mentioned the height as 2100mm). Worst case I could leave it in place (some people might not know or care what it is) and I will use it as a bargaining chip to drive down the price.

Hey all, Am considering putting an offer on a unit with one of those ugly popcorn ceilings (also known as vermiculite). The unit was built in the 70's and there's a fair chance that the vermiculite has asbestos and will require professional removal. Have called the asbestos removers nearby...