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hehe...yep pretty much. Equilibrium is reached. Won't stop the tenants from trying it on for a 1.5% gross yield though. :rolleyes:

So are you saying that if I was to opt out of receiving the statement, thus saving me the cost of said statement, you would not need to input any of the invoices pertaining to my IP? Would you still need to employ general accounting practices in relation to my property? Beaten down in your...

Goofy, could you please clarify as to why agents charge a statement fee? As far as I am aware, all they do is generate a report via their software and hey presto, there's the statement...much like generating reports in MYOB etc. It literally takes 10 seconds... For what it's worth, I pay 8.5%...