PropertyInvesting.com | jambv | Activity https://www.propertyinvesting.com/members/jambv/activity/ Activity feed for jambv. Sun, 12 Apr 2026 23:33:33 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ad747677a2dc47d7888570b504955394 jambv started the topic Recovering water usage from Tenant after selling prop in the forum Help Needed! https://www.propertyinvesting.com/topic/5034078-recovering-water-usage-from-tenant-after-selling-prop/ Tue, 14 Mar 2017 09:00:01 +0000 Hi,
We sold a property & it settled last week. We’ve approached the RE agent who managed our prop to finalise funds for water usage from the tenants. they’ve come back & said we need to approach the tenant directly. This doesn’t sound right. Any thoughts? This is in QLD.

]]> 0201ecdae90989cd0043c24213900dd8 jambv started the topic Recovering water usage from Tenant after selling prop in the forum Help Needed! https://www.propertyinvesting.com/topic/5034078-recovering-water-usage-from-tenant-after-selling-prop/ Tue, 14 Mar 2017 09:00:01 +0000 Hi,
We sold a property & it settled last week. We’ve approached the RE agent who managed our prop to finalise funds for water usage from the tenants. they’ve come back & said we need to approach the tenant directly. This doesn’t sound right. Any thoughts?

]]> 29e0f4cd1558b5cfa21899d33949e0de jambv replied to the topic Cross collateralised Loan Payout Problem in the forum Finance https://www.propertyinvesting.com/topic/5033258-cross-collateralised-loan-payout-problem/#post-5033260 Wed, 01 Mar 2017 00:54:51 +0000 Retail value of remaining prop is 360k with bank valuation of 330k.

]]> ce801c3cc267aa39d9ab0ca1b5673c18 jambv started the topic Cross collateralised Loan Payout Problem in the forum Finance https://www.propertyinvesting.com/topic/5033258-cross-collateralised-loan-payout-problem/ Wed, 01 Mar 2017 00:33:43 +0000 I have 2 properties on the one loan. Loan was 500k split evenly between the 2 props. I’ve now sold one for 350k & the bank wants to take 340k instead of 250k- 5 years of payments. What are my options?

]]> a48f73242ead72ef17ada39d33fd7441 jambv started the topic REA Commission rate to sell in SEQ in the forum Help Needed! https://www.propertyinvesting.com/topic/5029166-rea-commission-rate-to-sell-in-seq/ Fri, 26 Aug 2016 11:59:35 +0000 Hi,
Looking to sell an IP for 350k in SEQ. What’s a fair commission rate for the REA these days?

]]> 4aa468b09509c6c9f219063543e88525 jambv started the topic LJ Hooker Franchise (x6) closed after owners caught spending Client Money in the forum General Property https://www.propertyinvesting.com/topic/5025249-lj-hooker-franchise-x6-closed-after-owners-caught-spending-client-money/ Fri, 29 Apr 2016 08:09:51 +0000 http://www.abc.net.au/news/2016-04-29/lj-hooker-agents-under-investigation-over-missing-client-money/7368118

]]> 0832f6454368e4e77d150a653fa31a6b jambv replied to the topic Pricing guesstimate required for new laminate kitchen benchtops in the forum Value Adding https://www.propertyinvesting.com/topic/4410296-pricing-guesstimate-required-for-new-laminate-kitchen-benchtops/#post-4696482 Wed, 27 Nov 2013 05:09:31 +0000 I've got 2 quotes for this but both want cash only. Is this typical?

]]> 22a01c147d3a956cff765dd8c8409f98 jambv replied to the topic Pricing guesstimate required for new laminate kitchen benchtops in the forum Value Adding https://www.propertyinvesting.com/topic/4410296-pricing-guesstimate-required-for-new-laminate-kitchen-benchtops/#post-4696478 Wed, 20 Nov 2013 10:02:15 +0000 Thanks for all of the responses. I should add, the first pic was taken before the last tenant washed motorbike parts with steelwool & some kind of bleaching agent on the benchtops :( hence the requirement for new benchtops. He was evicted but insurance wouldn't cover the damage (an even longer story).

]]> 722c37808e3d80c356f5b893251d713a jambv replied to the topic Pricing guesstimate required for new laminate kitchen benchtops in the forum Value Adding https://www.propertyinvesting.com/topic/4410296-pricing-guesstimate-required-for-new-laminate-kitchen-benchtops/#post-4696474 Wed, 20 Nov 2013 06:54:44 +0000 Thanks Joe, That's the rough price I had in my head so it's good to get it confirmed by a professional.

]]> b858bea08d7b4f08a451f85dd999d7e5 jambv replied to the topic Pricing guesstimate required for new laminate kitchen benchtops in the forum Value Adding https://www.propertyinvesting.com/topic/4410296-pricing-guesstimate-required-for-new-laminate-kitchen-benchtops/#post-4696473 Wed, 20 Nov 2013 06:53:18 +0000 Thanks Jane,
We will be replacing the cooktop & sink so no extra trades costs there. I've already bought same satin chrome handles to update the cabinets.I hadn't planned on replacing the splashback. Do you think it needs it?  I kinda like it…

]]> ceb33dd49b16b27401c0a28ee46ddcd2 jambv replied to the topic Selling in SE QLD - Do we sell it empty or tenanted? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403797-selling-in-se-qld-do-we-sell-it-empty-or-tenanted/#post-4648981 Tue, 31 May 2011 08:52:19 +0000 swampy30 wrote:
Jambv,I am in the exact same situation as you, but my IP is in Sydney.  I had a chat with 2 agents, and their advice is that it is preferable to sell the property with vacant possession.  Their take is that tenants will pose difficulties with regards to access (too many viewings spoiling the tenants' quiet enjoyment of their h…[Read more]

]]> 4734377be5f12893fefa240b172d7364 jambv replied to the topic Selling in SE QLD - Do we sell it empty or tenanted? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403797-selling-in-se-qld-do-we-sell-it-empty-or-tenanted/#post-4648980 Tue, 31 May 2011 08:33:32 +0000 beedie wrote:
Jambv,Believe we are running at approx 85 to 90 days on market for the average property in Brisbane at the moment……….Depends if you need the rent….. and why would you be selling in the present market if you didn't need to………

Hi Beedie,
I didn’t realise the average was up to 90 days – thanks for the info. I’m keen on…[Read more]

]]> 3fb19ed35cc1005dc7fdf9d30a606703 jambv replied to the topic QLD Court - Agent can't lodge court papers? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399184-qld-court-agent-cant-lodge-court-papers/#post-4619750 Wed, 17 Mar 2010 08:43:52 +0000 pully wrote:
hi jamby.do you have landlord insurance?then your agent should be following up with that.regards.

Thanks Pully,We are also pursuing restitiution from the landlord insurance company but any outstanding rental arrears aren't covered by landlord insurance as he was on a periodical lease. ie The agency wouldn't let him sign a new lease…[Read more]

]]> f489a9288d3c7efcdd2bb9279da16e94 jambv replied to the topic guildford apartment in the forum Help Needed! https://www.propertyinvesting.com/topic/4396632-guildford-apartment/#post-4606007 Sat, 04 Jul 2009 11:07:34 +0000 The shared laundry would make me think twice. ie shared laundry may limit the rental demographic & mean higher vacancy rates. Just my opinion.

]]> f3b2f3b90c35d8d1af95dec1f13fdc5d jambv replied to the topic Buying 1st PPOR, make a new offer? Building and pool inspections reveal costly fixes needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4395035-buying-1st-ppor-make-a-new-offer-building-and-pool-inspections-reveal-costly-fixes-needed/#post-4597280 Sat, 03 Jan 2009 07:33:50 +0000 It sounds like you have invested time & effort into researching the viability of this property. In my experience, once you lay down cash for pest & building inspections you are subconsciously committing to purchasing the property making it more difficult to walk away. But walk away you must as this is now a bad deal for the following reasons.1)…[Read more]

]]> 1322193a78ce332d03d88e97cfb5e682 jambv replied to the topic Rent - month by month in the forum Help Needed! https://www.propertyinvesting.com/topic/4393325-rent-month-by-month/#post-4588086 Mon, 02 Jun 2008 13:10:12 +0000 Be careful when leasing out your property on a "periodical" or month by month basis. Most landlord insurance does not cover damage if the tenant is on a periodical lease. (Found out the hard way!) I always demand a 3 or 6 month lease & would rather lose a tenant than allow periodical renters in my houses.

]]> 77086f005ca9efc8fa1f684d9e80458c jambv replied to the topic Notice required to remove dodgy tenants? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391699-notice-required-to-remove-dodgy-tenants/#post-4578857 Fri, 11 Jan 2008 06:30:53 +0000 Milly wrote:
Yes I was going to suggest putting the ball in the tennants  court. They broke the bracket for the rangehood….they have to fix it. How the hell could that get broken through wear and tear in two years? They have broken the door handle so they should fix it. Get rid of the property manager. bloody hopeless.

Hi Milly,Thanks for…[Read more]

]]> 796399b42d33be203da4b3d7a5c37854 jambv replied to the topic Notice required to remove dodgy tenants? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391699-notice-required-to-remove-dodgy-tenants/#post-4578853 Fri, 21 Dec 2007 06:28:55 +0000 Here is an email we received from the prop manager today. What are our rights as owners in terms of getting a lease with increased rent signed? If we fix these things then the renters will come up with more problems. Surely there must be some recourse for owners?Following our discussion on the telephone 19/12/2007 we wish to confirm the…[Read more]

]]> 0f7d4687cd7b7ad0a838b7c2751abab3 jambv replied to the topic Notice required to remove dodgy tenants? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391699-notice-required-to-remove-dodgy-tenants/#post-4578852 Thu, 20 Dec 2007 15:05:44 +0000 Thanks Terry. That website was exactly what I was looking for. Looks like I'll have to put up with them for 60 days & hope they don't apply to small claims tribunal. :(

]]> deb0a2f8e90d7d19c42345767ba03bee jambv replied to the topic Corporate Leases in the forum Help Needed! https://www.propertyinvesting.com/topic/4391665-corporate-leases/#post-4578635 Thu, 20 Dec 2007 11:59:22 +0000 Jon,Thanks for your detailed response. It sounds to me like there is a large element of cold calling in your success (something I am not very good at!) so I'll probably stick to what works for me.

]]> 491839436a85ffe0f1b07dd1c1f3b078 jambv replied to the topic Investing in Japan? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4391663-investing-in-japan-2/#post-4578613 Thu, 20 Dec 2007 11:54:36 +0000 Gents,Thanks a lot for all your comments. I wasn't seriously considering Japan, I was more interested in the variables people consider when investing o/seas. Apart from the obvious language difficulties, who would have thought you'd need to replace the whole house every 20 years or so?Regarding investing in the USA, it seems to me there is…[Read more]

]]> 9c47e350c73f70dc1d0cf300b3f1ee18 jambv replied to the topic Pushy Property Manager - how to get rid off.... in the forum Help Needed! https://www.propertyinvesting.com/topic/4391200-pushy-property-manager-how-to-get-rid-off/#post-4576131 Mon, 22 Oct 2007 12:00:37 +0000 Qlds007 wrote:
Quick question without naming names. Where is the property located.

Hi Richard,The prop is located in Crestmead, QLD.

]]> f7af9c21df495b06e76c451febb6e58c jambv replied to the topic How to determine the age of a house? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388172-how-to-determine-the-age-of-a-house/#post-4561046 Tue, 06 Feb 2007 12:07:25 +0000 Hello,
Just to update everybody, I ended up ringing the council. They were very helpful & answered all my questions straight away. It turns out the prop was 7.5 years old based on council’s final building inspection so we passed. I guess the take home point is always independently verify your facts!

P.S. When confronted, the agent was pretty…[Read more]

]]> de0a22d9a9591eb4e97087909e27d45b jambv replied to the topic flying to cairns to look at IPs - please help! in the forum No Subject https://www.propertyinvesting.com/topic/4388174-flying-to-cairns-to-look-at-ips-please-help/#post-4561050 Thu, 25 Jan 2007 08:01:01 +0000 Hi Wayne,
I just did the same thing in Qld – rushed through over 20 props in 2 days! Anyway, here are some tips.
1) Call an agent & book a specified amt of time with him. I found 20 mins per prop was sufficient. I organised appointments the Wednesday before I flew up & that was when they were most receptive. (I booked 16 appointments on the…[Read more]

]]> ecf38ef209817a4934fab70bd7e0bc2e jambv replied to the topic Roof restoration - costing in the forum Help Needed! https://www.propertyinvesting.com/topic/4388103-roof-restoration-costing/#post-4560713 Mon, 22 Jan 2007 13:00:01 +0000 Originally posted by sanjivgupta:
Hi there,
I inspected a potential IP on Saturday and am looking at putting in an offer. The property has a 2BR house (around 10 squares) with plans and permit to build another 2BR unit. Upon visual inspection I noticed the roof (tiled roof, terracotta I think) has got moss and fungus and requires restoration work.…[Read more]

]]> 67c68a8cebb5c05f15bb54b0d21a39ff jambv replied to the topic Purchase 2 props in Morayfield & Crestmead? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388116-purchase-2-props-in-morayfield-crestmead/#post-4560750 Mon, 22 Jan 2007 12:29:04 +0000 Quote:
Originally posted by L.A Aussie:

I don’t know the area you are considering, and as I read there are several questions/concerns popping into my head:
1. Are these properties at or below the market price.- Although my opinion is subjective, I believe they are slightly below market price.
2. Is the rent estimate actual or just an estimate…[Read more]

]]> c0e92b37d43700daf03ed358a71c96c2 jambv replied to the topic Purchase 2 props in Morayfield & Crestmead? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388116-purchase-2-props-in-morayfield-crestmead/#post-4560749 Mon, 22 Jan 2007 10:41:41 +0000 Quote:
Originally posted by Qlds007:
Hi Jambv

An HDT -not sure what type of entity this is, will have to investigate further. would be a prefered entity give that the both appear to be negatively geared and my preference is to ensure that your lender does not X colaterilise – could you expand on this pls? your loans as is their wish and…[Read more]

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