PropertyInvesting.com | Kristin Simondson PBRE | Activity https://www.propertyinvesting.com/members/kristin-simondson-pbre/activity/ Activity feed for Kristin Simondson PBRE. Mon, 13 Apr 2026 10:12:59 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f2c8998abe941141a20ce292c9b90846 Kristin Simondson PBRE replied to the topic Online Property Management in the forum Hi Danni, https://www.propertyinvesting.com/topic/4407243-online-property-management/#post-4674495 Mon, 06 Aug 2012 03:01:35 +0000 Hi Danni,

Expectations of property managers are completely subjective, just like your investing strategy. It's about what you want. If you're choosing a property manager keep in mind you are handing your asset to this person and they can directly impact on the decrease or increase of the property's value and condition and in turn your ability to…[Read more]

]]> 0b1ace792b7fe6c8cc36ebc135a8c420 Kristin Simondson PBRE replied to the topic New Site: What do you think? in the forum Help Needed! https://www.propertyinvesting.com/topic/new-site-what-do-you-think/page/2/#post-4674761 Mon, 06 Aug 2012 02:16:40 +0000 The new site looks fantastic! Great job.

]]> 1fbd81116f8802717e32de6db33a2a5f Kristin Simondson PBRE replied to the topic land tax issue in the forum Help Needed! https://www.propertyinvesting.com/topic/4407199-land-tax-issue-2/#post-4674220 Tue, 24 Jul 2012 05:50:38 +0000 Land tax is the one item that confuses most property investors and there are so many myths about how it works. Check the website of your state's revenue office for guidelines and FAQ's and if all else fails – call and ask.Oh and they would know you moved out of your PPOR and are renting it out if your property manager is mega efficient they may…[Read more]

]]> 762a953ee1713565cc8d8e13515cac2e Kristin Simondson PBRE replied to the topic Advertising for Tenants for a rental Property?? in the forum General Property https://www.propertyinvesting.com/topic/4406752-advertising-for-tenants-for-a-rental-property/#post-4671149 Tue, 24 Jul 2012 05:44:47 +0000 dazed321,How did you go with leasing your property? Did you find an advertiser?

]]> a4ac211ba707518480435e85a3206285 Kristin Simondson PBRE replied to the topic Does anyone used a telemarketing or appointment setting company? in the forum Finance https://www.propertyinvesting.com/topic/4397011-does-anyone-used-a-telemarketing-or-appointment-setting-company/#post-4608043 Tue, 24 Jul 2012 05:38:09 +0000 I am constantly receiving emails and phone calls from these types of services boasting "No more calls!" and "Proven Lead Generation"…Where has the personal touch gone in this world? If someone called me to arrange an appraisal at my home, I would want it to at the very least be the person I would be meeting because at the end of the day I want…[Read more]

]]> e2d2b9ac856397e5e874ece8b2656ee9 Kristin Simondson PBRE replied to the topic carpet change canincrease rent yield ? help in the forum Value Adding https://www.propertyinvesting.com/topic/4407210-carpet-change-canincrease-rent-yield-help/#post-4674293 Tue, 24 Jul 2012 05:24:29 +0000 Go for it!Re-painting, carpets and general updating of cupboard doors (don't need to go mirrored as they are more expensive) will all go well towards attracting a quality tenant at the higher end of the rental value.At the end of the day your investment is only as good as the tenants that are in it – if the property is attractive you're more…[Read more]

]]> a8174388d0b7cdb35d4b07bd28f0e18c Kristin Simondson PBRE replied to the topic Corporate Leases in the forum Help Needed! https://www.propertyinvesting.com/topic/4407183-corporate-leases-2/#post-4674143 Fri, 20 Jul 2012 23:51:27 +0000 We have a corporate rental division here in Melbourne, my suggestion would be to go through an agent that has connections with companies or the relocation personnel that work for them. Companies avoid private landlords as they want everything to be done by the book and I've found companies to favour agents.

]]> 06430739cfcf8370484a9fe814dcb52d Kristin Simondson PBRE replied to the topic Melbourne Property Values in the forum General Property https://www.propertyinvesting.com/topic/4407110-melbourne-property-values/#post-4673675 Fri, 20 Jul 2012 23:48:53 +0000 The media and data provided is general, not specific and is generally 3 months behind as data is collated for the previous quarter. The rental market for example can change from month to month, the sales market doesn't move as quickly but relying on 3 month old data to commentate on the property market is inaccurate.As an agent I never look at…[Read more]

]]> a638c5c9c29c28603e248d0963590d71 Kristin Simondson PBRE replied to the topic Help needed with next move - new to IP - Thanks in the forum Help Needed! https://www.propertyinvesting.com/topic/4407180-help-needed-with-next-move-new-to-ip-thanks/#post-4674128 Fri, 20 Jul 2012 23:32:25 +0000 Thanks for the mention WomeninPropMelb :)Agree with Jamie, it's about what suits you and what your plans are. Do you want to have an investment property? Does it suit your financial position? Or would you prefer to focus on upgrading the property you live in?The real estate agent is no doubt a sales consultant – yes they want to sell your property…[Read more]

]]> b88214774215833a082d1194c3026f37 Kristin Simondson PBRE replied to the topic Buying off the plan 2 bedroom apartment in Brunswick in the forum General Property https://www.propertyinvesting.com/topic/4407087-buying-off-the-plan-2-bedroom-apartment-in-brunswick/#post-4673486 Fri, 20 Jul 2012 04:26:04 +0000 The nature of property management these days takes me all over Melbourne for clients, we can service all areas of Melbourne however I don't negotiate on fees at all for properties further away simply because I couldn't afford to effectively manage them.We have Burwood, Hawthorn, Toorak, Springvale South. When leasing a property in the area I…[Read more]

]]> a26b07906fcb418bade3c314009e51e2 Kristin Simondson PBRE replied to the topic Buying off the plan 2 bedroom apartment in Brunswick in the forum General Property https://www.propertyinvesting.com/topic/4407087-buying-off-the-plan-2-bedroom-apartment-in-brunswick/#post-4673484 Fri, 20 Jul 2012 04:08:16 +0000 There are a few developments in Brunswick – One Lygon & Silo Apartments also. There can be a flood of the market but if you've got a good property manager to chase down tenants it won't be an issue, just a slightly longer vacancy than something established. When Viva Carlton settled they apartments were predominantly for lease rather than owner…[Read more]

]]> a2261f3e05e7b9e0549c86a0b97aa0e8 Kristin Simondson PBRE replied to the topic Buying off the plan 2 bedroom apartment in Brunswick in the forum General Property https://www.propertyinvesting.com/topic/4407087-buying-off-the-plan-2-bedroom-apartment-in-brunswick/#post-4673482 Fri, 20 Jul 2012 03:44:11 +0000 Hi Opee,Rental value would be between $420 and $450 per week depending on size, building facilities and car park inclusions. Brunswick vacancy is small and it's a really popular suburb. I believe the development you're looking at is on Albert Street? – it's a great pocket.OTP purchases need to suit your investment plan, most clients that buy OTP…[Read more]

]]> e79ed4c0d892617f34e6346681c156f5 Kristin Simondson PBRE replied to the topic Pro's & Con's in buying Studio in Melb CBD in the forum Help Needed! https://www.propertyinvesting.com/topic/4407106-pros-cons-in-buying-studio-in-melb-cbd/page/2/#post-4673625 Wed, 18 Jul 2012 23:05:54 +0000 I've sold one of our serviced apartments recently, if you'd like more info on how they work please feel free to contact me. As they are commercial leases the tenant is responsible for maintaining/updating the inside of the premises and the landlord is responsible for the building only which is usually under an Owners Corporation. You can get cash…[Read more]

]]> dbd2a00a9be45550ffe21208cbe1ecb4 Kristin Simondson PBRE replied to the topic Property manager agree something without owner consent, who is liable ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407136-property-manager-agree-something-without-owner-consent-who-is-liable/#post-4673885 Wed, 18 Jul 2012 07:24:54 +0000 As far as tribunal goes, I'm in Melbourne so can advise for Victoria only. Which state is this property in?Why can't the tenants access the garage? If they leased the property with the car space/garage access included, yes they will be entitled to a rent reduction should access to the car space/garage not be available to them unless you are taking…[Read more]

]]> 00f6c7236a5fdda1538a8f67ec57753b Kristin Simondson PBRE replied to the topic Investment Property Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4406212-investment-property-melbourne/#post-4666537 Wed, 18 Jul 2012 07:05:10 +0000 Hi Ben,The average return you should expect per year is 8%-10% gross on a serviced apartment under a commercial or retail lease.This wouldn't happen to be the Sebel on Collins? I'm in contact with a few owners of serviced apartments with the Sebel where the lease expiry is coming up and a lot are trying to sell to no avail. Where the lease is…[Read more]

]]> 34720a3a32e5ac8396f3082424224164 Kristin Simondson PBRE replied to the topic Pro's & Con's in buying Studio in Melb CBD in the forum Help Needed! https://www.propertyinvesting.com/topic/4407106-pros-cons-in-buying-studio-in-melb-cbd/page/2/#post-4673622 Wed, 18 Jul 2012 06:03:09 +0000 Hi Jenny,If you're looking to buy in three years there will be quite a bit more stock on the market with many new developments settling. It's great you're looking at your options, however I would suggest steering clear of studio apartments unless all you're looking for is a good tax return. The fees you've quoted are extremely high for a small…[Read more]

]]> d5f2f06aa7a771af114b379b88bfb5e9 Kristin Simondson PBRE replied to the topic Most in-demand rental subrubs in Melbourne? in the forum Value Adding https://www.propertyinvesting.com/topic/4406877-most-in-demand-rental-subrubs-in-melbourne/#post-4672012 Mon, 16 Jul 2012 07:45:57 +0000 Hi Suzbats,Sorry for the delay have had a long overdue holiday for a week!St Kilda – depends on the location and proximity to the shoreline. We've got our properties already tenanted in the area but chatting to other agents its seems it's been quite difficult to lease in the area of late, which is following the Melbourne trend at the…[Read more]

]]> 9672edfd77f5db13cf0c05cd35156ee7 Kristin Simondson PBRE replied to the topic Has any one ever bought an apartment as a investment? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406946-has-any-one-ever-bought-an-apartment-as-a-investment/#post-4672469 Fri, 29 Jun 2012 02:55:46 +0000 Don't get me wrong, apartments make up a majority of our management portfolio and they can be great investments – if the location is right and owners take advantage of depreciation claims where they have bought OTP.Some of the best yields I've seen of late have been for apartments.

]]> 20ccfc3c1991a4a8cbd59cf5985cce2a Kristin Simondson PBRE replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/#post-4666629 Fri, 29 Jun 2012 02:23:15 +0000 Good to hear it's now sorted out.Get yourself an experienced property manager from day dot to avoid these dramas – now they're out it's best to take it as a push to employ someone to ensure this doesn't happen in the future.There are endless stories like this one where things go pear shaped because an owner is not 100% on the laws and legislation…[Read more]

]]> f7e2ae90d0e22c6110e88c5d36609ac2 Kristin Simondson PBRE replied to the topic Has any one ever bought an apartment as a investment? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406946-has-any-one-ever-bought-an-apartment-as-a-investment/#post-4672467 Fri, 29 Jun 2012 02:12:09 +0000 It might be cheap but is it an attractive proposition for tenants? Will you have a good quality tenant? Will you be able to lease it? how much for? (note: Sunshine rental market is not suited to apartments)Is the outlook for Sunshine suitable for apartments? Will you have a decent re-sale value? Whilst the initial cost is cheap – your tenants will be too.

]]> de515df7d704063432a17b1b89f8b162 Kristin Simondson PBRE replied to the topic What do you want out of your property manager? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406873-what-do-you-want-out-of-your-property-manager/#post-4671978 Thu, 28 Jun 2012 05:42:29 +0000 b.free2live wrote:
Have a system whereby they are checking that the trades people have completed their work.  Alot of them rely on the tenant calling them to advise that the trades person didn't turn up or the owner calling a couple of months after being advised of the repair and not receiving any bill.

That's a really good one, we've spent…[Read more]

]]> 93484f4bed4ac37ee38d67a2c6925317 Kristin Simondson PBRE replied to the topic Finding a tenant for a House- Fee for Service Basis in the forum Help Needed! https://www.propertyinvesting.com/topic/4406932-finding-a-tenant-for-a-house-fee-for-service-basis/#post-4672388 Tue, 26 Jun 2012 05:20:16 +0000 You can absolutely get an agent involved to lease the property. We've done this at our office and we still put as much effort in leasing as we would if we were to manage the property – because the way I see it one day that owner may go overseas or decide to go with an agent so why would we give them bad service? Also this business is based on…[Read more]

]]> c830f39bae720439f1c9c529a4e1798d Kristin Simondson PBRE replied to the topic Has any one ever bought an apartment as a investment? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406946-has-any-one-ever-bought-an-apartment-as-a-investment/#post-4672463 Tue, 26 Jun 2012 04:32:59 +0000 I'm not a huge fan of OTP purchases in the suburbs unless you get a discounted deal which many developers are now offering (feel sorry for people who bought at full price).First of all, look at the suburb. Luxury apartments in Sunshine? Doesn't match the demographic.OTP isn't all bad as there are some great depreciaiton incentives, but you need to…[Read more]

]]> f4b59459fea929dc04dfaf7fbc5a63d7 Kristin Simondson PBRE replied to the topic Landlord insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4406961-landlord-insurance-22/#post-4672589 Tue, 26 Jun 2012 04:21:33 +0000 If you manage the property yourself you may have trouble with some insurers. Also look out for terms in the policy that do not cover you if the tenants are not on a fixed term lease. Your property manager should have an insurance company that they have had good experience dealing with. Personally, I've always found Terri Scheer Landlords Insurance…[Read more]

]]> 95ee4b5242912c864bc4b2ac9ebef6a8 Kristin Simondson PBRE replied to the topic How much is your real estate agent's commission? in the forum Help Needed! https://www.propertyinvesting.com/topic/4401281-how-much-is-your-real-estate-agents-commission/#post-4632384 Tue, 26 Jun 2012 04:09:25 +0000 We work in and around Melbourne with fees as follows:Commission: Up to 2.5% plus GST of the selling price – this figure is negotiable based on the estimated selling price and we always discount for current clients, i.e. if you bring the management of your investment property over for the purpose of selling which can make the process smoother and…[Read more]

]]> c920da5b0bf0703689d371c9bf7fd3aa Kristin Simondson PBRE replied to the topic Rent to own lease option: please help in the forum Help Needed! https://www.propertyinvesting.com/topic/4406914-rent-to-own-lease-option-please-help/#post-4672228 Wed, 20 Jun 2012 07:30:18 +0000 Which state are you in?

]]> 4d8846fa6733fc80c96f51e5aaab5ef9 Kristin Simondson PBRE replied to the topic Advice regarding real estate investment? in the forum General Property https://www.propertyinvesting.com/topic/4406492-advice-regarding-real-estate-investment/#post-4668995 Wed, 20 Jun 2012 00:53:55 +0000 You can hire an independent buyer's agent.

]]> fe7d8b8422b9cdcc8274d9f73e938b9a Kristin Simondson PBRE replied to the topic Advice Should I Sell My Sydney Unit in the forum Sounds like you're on the https://www.propertyinvesting.com/topic/4406898-advice-should-i-sell-my-sydney-unit/#post-4672111 Wed, 20 Jun 2012 00:37:31 +0000 Sounds like you're on the right track to find what's suitable for your situation. If you do your sums and the selling costs won't eat too much out of your profits and puts you in a better position, go for it. You could continue to try to lease the property on say a 6 month lease (or offer negotiable lease term) whilst marketing for sale to have…[Read more]

]]> cafe189f3994366514eab8bba21b453f Kristin Simondson PBRE replied to the topic Advice regarding real estate investment? in the forum General Property https://www.propertyinvesting.com/topic/4406492-advice-regarding-real-estate-investment/#post-4668993 Wed, 20 Jun 2012 00:20:13 +0000 Matthew_W wrote:

NHG wrote:
First property, I felt I was being rude offering such a 'low' price. My dad who always has an opinion told me off for not negotionating hard enough.Fast forward 6 months, purchased property number 2. This time dad was uncomfortable as I was putting in 'low ball' offers. I stuck to what I felt was the right price for…[Read more]

]]> bcfd65dd30a3a5d5ba20ce6a03d91037 Kristin Simondson PBRE replied to the topic Advice Should I Sell My Sydney Unit in the forum Price dropping is the one https://www.propertyinvesting.com/topic/4406898-advice-should-i-sell-my-sydney-unit/#post-4672109 Tue, 19 Jun 2012 23:55:57 +0000 Price dropping is the one thing most investors struggle with. Yes, the last tenant was paying more previously, but what is the rental market doing now? How many tenants are making it to open inspections? Are properties leasing quickly in the area or is the market slow? If there is a lot of stock and yours is the second cheapest anyway… how long…[Read more]

]]> 58944d6037e5ba4112afb9a1d0a50b3b Kristin Simondson PBRE replied to the topic Most in-demand rental subrubs in Melbourne? in the forum Value Adding https://www.propertyinvesting.com/topic/4406877-most-in-demand-rental-subrubs-in-melbourne/#post-4672007 Tue, 19 Jun 2012 23:16:36 +0000 The closest I've got to Hampton is Brighton, which has had a slight downturn in demand for lower-end rentals. Anything within walking distance from the shore is generally popular, however the commute to the CBD via road has seen Prahran take over in popularity, recently leased a property in Prahran with a majority of prospective tenants looking to…[Read more]

]]> 8331dea447367b04f72eefe24e329a0b Kristin Simondson PBRE replied to the topic Seeking a Professional - SMSF Set Up in the forum Thanks for the reply https://www.propertyinvesting.com/topic/4406894-seeking-a-professional-smsf-set-up/#post-4672087 Tue, 19 Jun 2012 07:19:53 +0000 Thanks for the reply Richard, I understand it's a long shot with it being so close to the date.Are your presentation nights fully booked as yet? if not, would you mind emailing me the details?

]]> e29b3a4208c98a22d8c3711d962f943a Kristin Simondson PBRE replied to the topic What do you want out of your property manager? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406873-what-do-you-want-out-of-your-property-manager/#post-4671969 Mon, 18 Jun 2012 23:33:26 +0000 Great question! Please do reply to this post everyone, would love to hear more.I always ask what a client expects from me (it just fits in with my tailoring program) and tend to get mixed responses… some owners want an update once a fortnight, some don't want to be contacted unless it's major, others I go for a coffee with once a month – every…[Read more]

]]> 16b92adfce5646b3be786c96f67e21c4 Kristin Simondson PBRE replied to the topic Most in-demand rental subrubs in Melbourne? in the forum Value Adding https://www.propertyinvesting.com/topic/4406877-most-in-demand-rental-subrubs-in-melbourne/#post-4672004 Mon, 18 Jun 2012 06:37:01 +0000 Vacancy rates in Melbourne at the moment aren't ideal, however there are a few pockets that seem to be protected from the ups and downs of the market. Look for suburbs with a good culture of cafes, restaurants, bars, shops and easy access to the CBD through public transport and via roads. Statistics and data don't always reflect true demand – the…[Read more]

]]> e2b51591d4f0141f46a082dcebc73cb3 Kristin Simondson PBRE replied to the topic Land tax in the forum Help Needed! https://www.propertyinvesting.com/topic/land-tax-29/#post-4671816 Fri, 15 Jun 2012 06:29:32 +0000 Land tax is a huge pain… but as it stands the guidelines for you in Victoria would be:If you lease out your PPOR for a continuous period 6 months or more it becomes eligible to be assessed for land tax if it has a taxable value of $250,000 or more.Emma, the State Revenue Office has a scale for rates if you're…[Read more]

]]> 1bc56eb4a2bfeec05e754cc42b829122 Kristin Simondson PBRE replied to the topic Seeking Mentor - Melbourne Based in the forum Help Needed! https://www.propertyinvesting.com/topic/4406811-seeking-mentor-melbourne-based/#post-4671516 Mon, 11 Jun 2012 23:40:26 +0000 Like everything, when researching you can find yourself with information overload – so many contradictory theories and you end up not knowing where to start! I'm experiencing this at the moment on another topic so I know how you feel.Agree with the above, grab onto a recommended system and stick to it. You've obviously done a lot of research so…[Read more]

]]> a7b6bebfabf5bd99ea6b164f5788f6a3 Kristin Simondson PBRE replied to the topic Water leak who pays in the forum Help Needed! https://www.propertyinvesting.com/topic/4406789-water-leak-who-pays/#post-4671375 Fri, 08 Jun 2012 05:30:31 +0000 Hi Keiko,Unfortunately this is one for you, not the tenant. Do they usually pay water usage or have you included it in the rental? If they usually pay usage, make sure you calculate their portion of usage and forward that charge to them before paying the bill.I would calculate usage like this:Last bill total  /  number of days in month = daily u…[Read more]

]]> 4409f447437e728449693fb37e4e279d Kristin Simondson PBRE replied to the topic Power of negotiation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406723-power-of-negotiation/#post-4670944 Thu, 07 Jun 2012 01:18:56 +0000 They made a small error on our account (not worthy of a drama but you've got to take every opportunity) so between myself and our director we've negotiated 6000 unaddressed mail pieces to be delivered for free – thousands of dollars worth of postage for simply asking the question.

]]> ba83523ed2748922751f3d46ce1b32f7 Kristin Simondson PBRE replied to the topic Power of negotiation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406723-power-of-negotiation/#post-4670941 Wed, 06 Jun 2012 23:13:14 +0000 Certainly not Carlton, Victoria… or I would have bought something there. Good one!

]]> e542d15c3a7655ef5f355fe5094ae68b Kristin Simondson PBRE replied to the topic Power of negotiation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406723-power-of-negotiation/#post-4670936 Wed, 06 Jun 2012 05:17:15 +0000 Dubstep wrote:
I also found out that women know where all the jewellery stores are, I mean they really know where all the jewellery stores are.

Absolutely!!!

]]> 2873dab0338d6518f8f5919b09db923d Kristin Simondson PBRE replied to the topic Power of negotiation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406723-power-of-negotiation/#post-4670935 Wed, 06 Jun 2012 05:16:10 +0000 NHG wrote:
2. Changed PM rate with agent from 7.5% to 5.5% (they said they wouldn't do it :P);

Good work, you must have almost mastered negotiating to get such a drop!In Victoria, all real estate fees and charges are negotiable so we work with it on a daily basis. New clients are generally the ones who negotiate with me about fees. I figure if t…[Read more]

]]> 02dd9f0c7e1c4435449b29c3b8cef332 Kristin Simondson PBRE replied to the topic Real Estate Agents - their role in finding buyers in the forum Help Needed! https://www.propertyinvesting.com/topic/4406565-real-estate-agents-their-role-in-finding-buyers/#post-4669658 Tue, 05 Jun 2012 22:55:32 +0000 Thanks for the update, good to hear you got the result you were looking for. You're right, it is a good idea to be upfront about your expectations in terms of the communication level with your agent.Best wishes for the future!

]]> b0efd3a9ed0dca8cb4d37eb7fa4e57a5 Kristin Simondson PBRE replied to the topic Window coverings in the forum Value Adding https://www.propertyinvesting.com/topic/4406734-window-coverings-2/#post-4671023 Mon, 04 Jun 2012 07:09:17 +0000 Venetian blinds are notoriously high maintenance, especially in high traffic areas.I'm a big fan of roller blinds as they look great (Venetians are only nice when they're new) and every property we have installed them in hasn't needed ongoing repairs like the Venetians did.I found this company online: http://www.justrollerblinds.com.au/

]]> 847cf697d253020e27fdff859edee05f Kristin Simondson PBRE replied to the topic Advertising for Tenants for a rental Property?? in the forum General Property https://www.propertyinvesting.com/topic/4406752-advertising-for-tenants-for-a-rental-property/#post-4671141 Mon, 04 Jun 2012 06:43:11 +0000 You can engage an agent to lease the property for you and have all the advantages of full exposure to potential tenants. The most popular real estate sites only allow access to agents to avoid property scams (i.e. an ad where the 'landlord' asks for an upfront fee for keys to view the property)They will charge a one-off letting fee and perhaps a…[Read more]

]]> 556d1db89bb9feb1f234ee294a4c035d Kristin Simondson PBRE replied to the topic Lino or floorboards - shower screens in the forum Value Adding https://www.propertyinvesting.com/topic/4402898-lino-or-floorboards-shower-screens/#post-4642751 Mon, 04 Jun 2012 06:26:48 +0000 Marie123,if you're selling, don't go for the look you want, it's really all about the look the buyer wants. Ask your agent what types of buyers are in the market at the moment, for example in Melbourne's inner suburbs we're seeing a burst of buyers who want to move straight in with everything done.The shower screen prices do seem quite excessive.…[Read more]

]]> af2a95c38fd9d2efe64223af38e53552 Kristin Simondson PBRE replied to the topic Lino or floorboards - shower screens in the forum Value Adding https://www.propertyinvesting.com/topic/4402898-lino-or-floorboards-shower-screens/#post-4642750 Mon, 04 Jun 2012 06:26:44 +0000 Marie123,if you're selling, don't go for the look you want, it's really all about the look the buyer wants. Ask your agent what types of buyers are in the market at the moment, for example in Melbourne's inner suburbs we're seeing a burst of buyers who want to move straight in with everything done.The shower screen prices do seem quite excessive.…[Read more]

]]> 2295ed1919c7218392d15c7c7e9cc442 Kristin Simondson PBRE replied to the topic Your Creative Investments (2012) in the forum Creative Investing https://www.propertyinvesting.com/topic/4406290-your-creative-investments-2012/#post-4667215 Mon, 04 Jun 2012 06:19:42 +0000 NHG wrote:
– Shipping ice from antartica to the middle east?

That sounds interesting!Actually my partner and I are shifting our focus altogether for the next financial year and stepping into transport & logistics as that is his 'thing'.

]]> 5dc41226aa01c9d3ad285a086547ffd6 Kristin Simondson PBRE replied to the topic Property managment fees and getting a property to 8% rental yeild in the forum Help Needed! https://www.propertyinvesting.com/topic/4406746-property-managment-fees-and-getting-a-property-to-8-rental-yeild/#post-4671105 Mon, 04 Jun 2012 06:06:53 +0000 From a property manager's perspective, I really agree with all of the above and it's great to see a shift in attitudes towards paying good property managers a decent amount.Whilst API magazine is telling you 8% gross yield is good, is that figure applicable to the area where your property is? If you have a great property manager as you say, they…[Read more]

]]> 795a553d1c3201b3dc182251b04f50a1 Kristin Simondson PBRE replied to the topic $300-$350,000 Budget for investment property Where to buy? in the forum General Property https://www.propertyinvesting.com/topic/4406696-300-350000-budget-for-investment-property-where-to-buy/#post-4670724 Thu, 31 May 2012 06:03:33 +0000 Epping has had a fairly decent rental market for years which has dropped recently with the opening of Mernda's housing estates offering affordable housing.  The crime rate in the older areas and near the shopping centre is shocking, so I agree with you that sticking to a new estate is the best option if you settle for Epping.The new estates are…[Read more]

]]> 638c7b2efedef832863a942f8bb86d4a Kristin Simondson PBRE replied to the topic your legal view on investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/4404149-your-legal-view-on-investment-property/#post-4651321 Wed, 30 May 2012 23:06:12 +0000 If your contract is 'subject to finance' (which it should always be when you're getting finance) and you can prove clearly you can no longer finance the purchase… you're in the clear to rescind.

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