PropertyInvesting.com | davidfemia | Activity https://www.propertyinvesting.com/members/davidfemia/activity/ Activity feed for davidfemia. Sun, 12 Apr 2026 01:05:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f25e213df3e49ee8d0218c82cdc92c58 davidfemia replied to the topic Perth - where to invest? in the forum No Subject https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/4/#post-4469737 Thu, 24 Jun 2004 03:58:59 +0000 Hello,

In my opinion Joondalup is a definite winner.

If some of you are searching towards Quinns Rock, a new suburb known as Alkimos should be opening.

At this stage, I have only heard rumours of how it will be developed. If any of them come true, then it may be another area to keep an eye out for.

David Femia
http://www.femiapropertygroup.com.au

]]> 9edc370167702bed3a19d96def933677 davidfemia replied to the topic Cost of Depreciation Schedule? in the forum General Property https://www.propertyinvesting.com/topic/4372886-cost-of-depreciation-schedule/#post-4467455 Thu, 15 Apr 2004 02:30:26 +0000 Hello,

You can expect tp pay anywhere from $440 to $710.
Some QS’s dont vary their rates unless its in a regional area.

David Femia
http://www.femiapropertygroup.com.au

]]> 9c539ec10b5e154b18ccffd266ace5b2 davidfemia replied to the topic Interest rate rise in the forum General Property https://www.propertyinvesting.com/topic/4371589-interest-rate-rise-4/#post-4457263 Sat, 28 Feb 2004 04:31:53 +0000 No..fingers crossed

David Femia
http://www.femiapropertygroup.com.au

]]> da2a222b2aae5ecac9e7a8b47c38db60 davidfemia replied to the topic Question about commercial property and lease in the forum General Property https://www.propertyinvesting.com/topic/4371389-question-about-commercial-property-and-lease/#post-4455301 Sat, 21 Feb 2004 05:04:22 +0000 Hello,

In regards to the lease, it will depend if the conditions are written into the purchase contract. This can not be changed. Otherwise, it will be an agreement between the buyers and the vendors.

David Femia
http://www.femiapropertygroup.com.au

]]> 0b871c766c0d799be16b3bb7ffd1c1f4 davidfemia replied to the topic PM in Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4370861-pm-in-perth/#post-4451636 Mon, 02 Feb 2004 12:22:10 +0000 Hi Phil and Redwing,

I think I have someone for you. Peta Hall of PFT property services 0417 949 146. She runs her own PM.

She is the type of person that you would be fearful of as a tenant, and happy as an owner. She has been doing it for 25 years, and I only recommend her as she gets the job done.

Hope this helps.

David…[Read more]

]]> 248a650e08144d2a5e41b0729ee83123 davidfemia replied to the topic owner occupied? in the forum General Property https://www.propertyinvesting.com/topic/4370942-owner-occupied/#post-4452416 Mon, 02 Feb 2004 12:13:53 +0000 Joseph,

The only thing that would be different is land tax, which doesnt apply to personal residences.

However, it wont be too long before it catches up with the property owner.

David Femia
http://www.femiapropertygroup.com.au

]]> ace493866405fa259054e4cc970165fb davidfemia replied to the topic property subdivision in the forum General Property https://www.propertyinvesting.com/topic/4370877-property-subdivision/#post-4451728 Fri, 30 Jan 2004 13:16:47 +0000 Hi Jack,

You may also want to speak to a builder/developer. They will also let you know about the feasibilty of your plans.

David Femia
http://www.femiapropertygroup.com.au

]]> 097b1a702c7ac738f92303555037cac7 davidfemia replied to the topic Perth Investors in the forum General Property https://www.propertyinvesting.com/topic/4370105-perth-investors/#post-4445326 Mon, 22 Dec 2003 14:01:24 +0000 Hi Mars,

One is available, and its been administerd by Tracey Imbuldeniya. I haven’t heard too much about it lately.

Anyone else have updated news?

David Femia
http://www.femiapropertygroup.com.au

]]> 781bffa814a7d1308b76da2ad9cbdfcb davidfemia replied to the topic WA Investors in the forum Heads Up! https://www.propertyinvesting.com/topic/4369912-wa-investors/page/2/#post-4443658 Sat, 13 Dec 2003 07:14:06 +0000

quote:
Showmethemoney

“i hear what you say” about prompting accountants, over the years i’ve said to several accountants ” look so and so who i work with claims this and this or is doing such and such, can i also claim or do that”? to be told “yes”, it’s not their fault though as i suppose they are inundated with changes to tax etc all the time,…

[Read more]

]]> 1b4da1cf66ed77a5c76293fe0919fb59 davidfemia replied to the topic WA Investors in the forum Heads Up! https://www.propertyinvesting.com/topic/4369912-wa-investors/#post-4443641 Tue, 09 Dec 2003 12:18:01 +0000 Hello Scott,

Bert from FS professional partners is an excellent accountant. I believe he built his practice from his property investing funds.

He is located in North Perth, and his number is 9443 3233.

David Femia
http://www.femiapropertygroup.com.au

]]> 75bf504d9b8b4325f17a9d16721b596b davidfemia replied to the topic Subdivision in the forum General Property https://www.propertyinvesting.com/topic/4369887-subdivision/#post-4443444 Mon, 08 Dec 2003 16:08:06 +0000 liviwell,

The CGT legislation can be quite complicated. Essentially your ppor will remain exempt. The taxes that apply to the new property will depend on your choice to sell or retain.Should you sell, the cgt will be applicable. The cgt event will commence from the time the slab is layed.

You will not be treated as a developer, as presumably its…[Read more]

]]> 3652243b443ba0f431cc3fc88000c872 davidfemia replied to the topic Service Units in the forum General Property https://www.propertyinvesting.com/topic/4369876-service-units/#post-4443355 Sun, 07 Dec 2003 08:29:50 +0000 Hello Pat,

These properties are hard to finance due to the nature of the risk. Banks stay away as a result of past failed attempts.

Whilst they do seem attractive, you will also need to consider the resale value. Finance will be a factor, as if you are having trouble financing then so will others. As a result, demand will be limited on these…[Read more]

]]> 9de3fbe4acb2f2c3691df914a18f86ed davidfemia replied to the topic Calculating land tax? in the forum General Property https://www.propertyinvesting.com/topic/4369787-calculating-land-tax/#post-4442973 Thu, 04 Dec 2003 14:19:12 +0000 Hello,

WA is governed by the Department of Trade and Finance.
http://www.dtf.wa.gov.au/cms/DTF_index.asp

I beleive it works much the same as other states.

David Femia
http://www.femiapropertygroup.com.au

]]> 0657a65c93082f679b684c3218fb1b2a davidfemia replied to the topic cap gains tax on own residence? in the forum General Property https://www.propertyinvesting.com/topic/4369080-cap-gains-tax-on-own-residence/#post-4436955 Thu, 30 Oct 2003 16:50:45 +0000 Smoros,

Assuming that the first property was not leased at any time, and you moved directly into the next property, then CGT would not apply.

If it was leased, then CGT would be applicable to the time that it was an income producing asset.

Also keep in mind that if the property is owned for more than 12 months, you will be eligible for the 50%…[Read more]

]]> 7fef2ec4451a5c93352cec9fd565bca7 davidfemia replied to the topic Unapproved Tenants cant be listed on data base in the forum General Property https://www.propertyinvesting.com/topic/4368967-unapproved-tenants-cant-be-listed-on-data-base/#post-4435956 Sun, 26 Oct 2003 12:17:53 +0000 Casey,

Without a doubt, have your property manager follow it up. There must be a reason why he was unapproved, and the longer he is there, the greater the risk to your investment.

David Femia
http://www.femiapropertygroup.com.au

]]> 0e176c662e39b2c05feed5a0936499b0 davidfemia replied to the topic Commercial Prop (hotel room) in the forum General Property https://www.propertyinvesting.com/topic/4368831-commercial-prop-hotel-room/#post-4434368 Fri, 17 Oct 2003 09:34:07 +0000 Hello Kelvinh

I agree with many of the posts to this thread. Please take a close look at the management contract, as you may find that you will need to pay for refurbishing every so many years.

Also, I have seen some contracts which stipulate that if the unit is sold, the new owners will need to take on the services of the existing managers.…[Read more]

]]> 7f80bcde9e9115fecd80a5b60fc3b548 davidfemia replied to the topic BAD debits tax (WA) in the forum No Subject https://www.propertyinvesting.com/topic/4368680-bad-debits-tax-wa/#post-4433539 Sat, 11 Oct 2003 11:21:11 +0000 Yes i agree, if you can find a good manager, hold on to her. You will be amazed at what some of them have to put up with…its not a job i admire!!

David Femia

]]> 3014b81f3bb88d7f8443b6a939f6d605 davidfemia replied to the topic trust - disadvantages in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368063-trust-disadvantages/#post-4429453 Mon, 22 Sep 2003 04:19:54 +0000 Hello,

WA is much the same. Land tax is still applicable.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> a49dbf6f86f5fc39321bbb96577e6edb davidfemia replied to the topic Which is better House or a unit?Tax Impact in the forum No Subject https://www.propertyinvesting.com/topic/4367611-which-is-better-house-or-a-unittax-impact/#post-4427098 Mon, 08 Sep 2003 04:19:39 +0000 Hello,

If you are looking for tax benefits then I think it would be a safe asumption, that you are referring to depreciation.

There are two types of depreciation. Depreciation on the internal fittings, and depreciation on the building.

When considering internal fittings, you need to look at the quality of the property. The higher the quality,…[Read more]

]]> 7b23b9f31557b9b157174f2b1da3463f davidfemia replied to the topic Credit History in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367592-credit-history/#post-4426912 Sun, 07 Sep 2003 08:04:11 +0000 Hello Clownsta,

Enquire about low doc loans. There are also certain lenders that may be able to assist you. I believe some of their names have been mentioned previoulsy on the forum.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 6feeac39410a410100f3d958d958f8ac davidfemia replied to the topic Non-Residents Investing in property in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367359-non-residents-investing-in-property/#post-4425434 Mon, 01 Sep 2003 03:58:35 +0000 Hello Ash,

Yes, certinly no FIRB is required.

However, when calculating figures for yor property, keep in mind that you will be taxed at non resident rates.

Also, look into financing the home from abroad. It usually requires a 20% deposit, but a good broker can assist more with this.

David Femia

Femia Property Group
Property Investment…[Read more]

]]> 527fef7d1baf724788e4a7306fb5cbc7 davidfemia replied to the topic Becoming a principal place of residence in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367395-becoming-a-principal-place-of-residence/#post-4425597 Mon, 01 Sep 2003 03:41:51 +0000 Hello Shelly,

I hope I have understood correctly, but if you are just selling the first property,(which is your PPOR/primary place of residence), then no capital gains tax is payable. This is in existence as that property was not used to create income.

Hope that hit the nail on the head.

David Femia

Femia Property Group
Property Investment…[Read more]

]]> 3f36f47ad6331156e070c7c69baa1b73 davidfemia replied to the topic Depreciation on Common Fixtures/Fittings in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367389-depreciation-on-common-fixturesfittings/#post-4425564 Mon, 01 Sep 2003 03:32:07 +0000 Hello Alana

You will find TR 2000/18 useful. It has a list of the depreciating assets, and their effective lives.

Its a lengthy ruling (75 pages), but it should assist with your query.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> c78985f3d049fc000d763c232b17eb94 davidfemia replied to the topic New Property CGT in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367206-new-property-cgt/#post-4424238 Fri, 29 Aug 2003 04:05:32 +0000 Kavita,

In terms of CGT, it will just mean that you need to apportion the CGT payable based on the time the asset was used for income producing purposes, and the time it was used as your primary place of residence.

A basic example is, you have it for 10 years, you live in it for 1 year, then CGT is apportioned and payable on 90% of the gain. You…[Read more]

]]> 0fec61d6cc937df925d34165fb14c4e7 davidfemia replied to the topic Depreciation schedule in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366946-depreciation-schedule/#post-4422445 Thu, 14 Aug 2003 08:19:56 +0000 Hello Vluu,

Deppro do a great job. Your on the right track by looking for a QS. They can save you hundreds.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> a616606ae3a2f585d665441ce38a0479 davidfemia replied to the topic What if interest rates rise in the forum No Subject https://www.propertyinvesting.com/topic/4366786-what-if-interest-rates-rise/#post-4421513 Fri, 08 Aug 2003 05:30:13 +0000 Hello Nicole,

As a general rule, never borrow to the point that a raise in interest rates, can severely affect your repayment ability. Always factor in a buffer zone.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 9cf2161e96b53e0a2db2b82f7586e7bc davidfemia replied to the topic Reasonable Taxable Income & ATO Auditing in the forum No Subject https://www.propertyinvesting.com/topic/4366781-reasonable-taxable-income-ato-auditing/#post-4421487 Fri, 08 Aug 2003 05:26:29 +0000 Hello,

At the end of the day, if you can substantiate yor claims, then you really have nothing to worry about.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 5ed28d6db8049aadafce01c3a378470a davidfemia replied to the topic Own Home vs New Investment Property in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366706-own-home-vs-new-investment-property/#post-4421042 Wed, 06 Aug 2003 01:38:15 +0000 Hello David,

It all depends on where you see yourself in the future.

However, its best to have a solid foundation to build your investments upon. This is why I would suggest owning your own home is paramount.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 151f9fa61ac8c837d749658bda0a06f4 davidfemia replied to the topic Property Option purchase in the forum No Subject https://www.propertyinvesting.com/topic/4366584-property-option-purchase/#post-4420395 Wed, 30 Jul 2003 05:48:40 +0000 Hello Paul,

Options are generally granted through developers, whilst the property is being built. Ownership doesnt change until settlement.

The form simply entitles you to buy the property at the set price. It is essentially reserved for you, but is not a contract to buy.

As these are issued early on in the development propcess, you will find…[Read more]

]]> eff6530294e6f74f16d6e7655f2395db davidfemia replied to the topic Serviced Apartments in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366523-serviced-apartments-3/#post-4419910 Thu, 24 Jul 2003 05:30:53 +0000 Hi Mark,

Some banks have stopped lending on these all together, due to the associated risk.

Take a close look at the management contract also. When selling, some will stipulate that the new owner will need to undertake the same agreement with the managers.

David Femia

Femia Property Group
Property Investment…[Read more]

]]> 2ffd5e598653586fc419e4d891980d01 davidfemia replied to the topic Best choice in Perth in the forum No Subject https://www.propertyinvesting.com/topic/4366450-best-choice-in-perth/#post-4419492 Thu, 17 Jul 2003 15:08:21 +0000 Hello Boothy,

There was a recent discussion on this that you may want to look up. My opinion is North without a doubt.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> d7aba923d1545ee2c270bb9660fdb6c7 davidfemia replied to the topic ....3 units for sale in a block of 4 in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366359-3-units-for-sale-in-a-block-of-4/#post-4418964 Sat, 12 Jul 2003 03:28:40 +0000 Hello Matt,

Based on what I have read, you are not out to buy all three, you are just concerned that something may be wrong as they are all on the market.

If this is the case, focus on the one you want, and only the one you want.

The type of expenses you should consider are:
strata/body corp fees
Shire rates
Water Rates
Land tax
Property…[Read more]

]]> 210d1209e7bda289fe8b94a63ec97f4f davidfemia replied to the topic Who would Lend? in the forum No Subject https://www.propertyinvesting.com/topic/4366370-who-would-lend/#post-4419036 Thu, 10 Jul 2003 08:30:52 +0000 Good Advice Stu

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 3b4d85bea06b4824f7362dffc4c13409 davidfemia replied to the topic Rent Increase - My Conscience Says Wait in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366332-rent-increase-my-conscience-says-wait/#post-4418824 Mon, 07 Jul 2003 13:24:56 +0000 Perhaps you can have a win win situation by increasing the rent once the renovations are done.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> a8b5ebe7919f44ea3074c763e9838df1 davidfemia replied to the topic Investment Company????? in the forum No Subject https://www.propertyinvesting.com/topic/4366336-investment-company/#post-4418839 Mon, 07 Jul 2003 13:20:07 +0000 A discretionary trust will be a far better alternative.

Thsi will allow you to claim the same benefits as an indiviual with Capital Gains Tax. It will also allow you to minimise tax legally, and efficiently.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> d1f430b93897c70ffad01074f60eb71f davidfemia replied to the topic FHOG and Tennants! in the forum No Subject https://www.propertyinvesting.com/topic/4366326-fhog-and-tennants/#post-4418765 Mon, 07 Jul 2003 13:16:38 +0000 Hello,

You will find that the SRD is mainly concerned with your eligibility to have the grant, rather than policing your PPOR.

The act doesnt stipulate the amount of time that you must live in the home, it simply says that you must occupy it.

I would live in it for the first two months, and then rent it out thereafter. This will save you…[Read more]

]]> 7db6e5912a3a13eba071389ac4009b7b davidfemia replied to the topic Strata Managers for Properties in the forum No Subject https://www.propertyinvesting.com/topic/4366236-strata-managers-for-properties/#post-4418287 Sun, 29 Jun 2003 12:48:11 +0000 Sounds great Smithers. Always happy to help.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 5f5984b1a5f06d6598528ef6fb2fbbe0 davidfemia replied to the topic Seminars - Tax Deduction? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366239-seminars-tax-deduction/#post-4418297 Sun, 29 Jun 2003 12:42:03 +0000 Hi Maveroc,

I beleive these are capital costs, and can therfore be added to your cost base. This will reduce the effects of a capital gain once the property is sold.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 9e7942f2176146b306609cee22f50b6c davidfemia replied to the topic Strata Managers for Properties in the forum No Subject https://www.propertyinvesting.com/topic/4366236-strata-managers-for-properties/#post-4418285 Sun, 29 Jun 2003 06:38:47 +0000 Hello Smithers,

The strata managers generally look after the common property in such buildings. Their prices depend on the maintenance required, and the facilities provided. That is, does it have a pool, gym etc.
You will also find that the strata fees generally include building insurance. This will of course depend on the original…[Read more]

]]> d2f15af2a8c28bf81e870390e7dc3971 davidfemia replied to the topic Quantity Surveyor Required in the forum No Subject https://www.propertyinvesting.com/topic/4366238-quantity-surveyor-required/#post-4418291 Sun, 29 Jun 2003 06:23:10 +0000 Hello Smithers,

Deppro may be of some use to you.

http://www.deppro.com

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 0b355b31d4ee878648849c85efc32472 davidfemia replied to the topic Perth Northern Suburbs Investment Potential in the forum No Subject https://www.propertyinvesting.com/topic/4365967-perth-northern-suburbs-investment-potential/page/2/#post-4416755 Thu, 26 Jun 2003 08:13:11 +0000 Caeryla,

Im sure your presence will be welcomed at the meetings. Age is no barrier to learning, and actually a wise move for future prosperity.

Email Tracey (see earlier post). Im sure she can give you the details of the next meeting.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> f4668c2c6b8c449c5c3d81f8644ba2d1 davidfemia replied to the topic BAD experience with real estate agents. in the forum No Subject https://www.propertyinvesting.com/topic/4366199-bad-experience-with-real-estate-agents/#post-4418053 Wed, 25 Jun 2003 06:39:15 +0000 Unfortunately, these things happen at times.. Dont let it put you off investing though. Its all one big learning curve.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 54c9079480df5a5b482759879bc63651 davidfemia replied to the topic GST - Yes or No? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366186-gst-yes-or-no/#post-4417974 Tue, 24 Jun 2003 08:28:27 +0000 Hi Trueblue,

Your right, you cant charge the GST on residential rent.

I am aware of a few that have decided to do so, and claim that its been a benefit to them.

I will give the ATO a call tomorrow and do a little more research.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 3fe5e0dbffe654a77d5b0bb6d2e7da8b davidfemia replied to the topic GST - Yes or No? in the forum No Subject https://www.propertyinvesting.com/topic/4366186-gst-yes-or-no/#post-4417972 Tue, 24 Jun 2003 05:56:55 +0000 Actually, you may want to consider it regardless. I find property trusts to be like a business, and therefore treated as such.

Should you register for GST, you will be able to claim the GST components of the property costs.

As true blue mentioned, its mainly used in commercial, but I dont see why it cant be used for residential.

David…[Read more]

]]> 3c1357b18d7fc58ce5e4c95eb9439f98 davidfemia replied to the topic FHOG - Question (newbie) in the forum No Subject https://www.propertyinvesting.com/topic/4366172-fhog-question-newbie/#post-4417922 Sun, 22 Jun 2003 10:14:53 +0000 Hello Everyone,

Scott hit the nail on the head with this question.

They generally seem to be more concerned with wether or not you have owned a home before.

The legislation is a little ambigious. No specific time is stipulated, in regards to how long you will need to reside in the property.

David Femia

Femia Property Group
Property…[Read more]

]]> 813d5af53479450bf76c107109aa5732 davidfemia replied to the topic Baby Investor in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366168-baby-investor/#post-4417910 Sun, 22 Jun 2003 05:49:46 +0000 Hello Caeryla,

Th FHOG applies to all residential properties. As long as you are an Australin resident, have not bought a property before, then the $7000 grant will stil be available to you.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> d5690e8f7a510ef9ab67297481e9e98a davidfemia replied to the topic farAway and problems with agent in the forum No Subject https://www.propertyinvesting.com/topic/4366153-faraway-and-problems-with-agent/#post-4417863 Sat, 21 Jun 2003 04:55:41 +0000 Chark,

Perhaps insist on Photos. These days a digital camera should be part of any property managers office, but its often not the case.

Do some reference checks, and speak to other oweners. This will give you a good idea if the manager is doing the right thing.

David Femia

Femia Property Group
Property Investment…[Read more]

]]> f80f670670f356378ae58b5f7eb26114 davidfemia replied to the topic rent contract in the forum No Subject https://www.propertyinvesting.com/topic/4366157-rent-contract/#post-4417874 Fri, 20 Jun 2003 06:35:03 +0000 Hi Terryw,

I think you are right there. Its a small price especially if things do go wrong. The manager is there to protect your interests.

If you do decide to get a manager, be sure that you research their ability, and professionalism.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]> 076caf1f4b3a89e473a85f492d2d9eb5 davidfemia replied to the topic ozzie investing in NZ..Question? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366065-ozzie-investing-in-nz-question/#post-4417319 Sat, 14 Jun 2003 03:09:03 +0000 Hello Everyone,

20% down seems to be the norm. For foreigners investing in Australia, banks such as ANZ will require a 20% Deposit.

Im sure this will work in reverse, if the loan originated from NZ.

As Tamara mentioned, a broker would be the best way to go.

David Femia

Femia Property Group
Property Investment…[Read more]

]]> 537341a95f4ffae1f9909e8a5cf23731 davidfemia replied to the topic In London, investing in Australia in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365913-in-london-investing-in-australia/#post-4416391 Fri, 13 Jun 2003 07:29:11 +0000 Bruces,

Should you need a buyers advocate in Perth, please let me know.

We would be more than happy to help.

David Femia

Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au

]]>