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  • lopetha replied to the topic PM recommendations for Salisbury area in SA in the forum Thanks Allycat. I guess Ill 6 years, 7 months ago

    Thanks Allycat. I guess Ill just have to try one and see how they go ensuring that I have a clause in the contract stating that I can change if im not happy with them.

  • lopetha replied to the topic PM recommendations for Salisbury area in SA in the forum Anyone? 6 years, 7 months ago

    Anyone?

  • lopetha replied to the topic Adelaide conveyancer required in the forum Thanks mate. 6 years, 8 months ago

    Thanks mate.

  • lopetha replied to the topic Initial deposit cheques in the forum Legal & Accounting 7 years, 7 months ago

    Not sure about other states but generally in Victoria you put down a small deposit of a few hundred dollars or so when putting in an offer. If accepted, then the remainder of the deposit is due whether it be 5% or 10% of the sale price as agreed with the vendor usually a week or 2 after contract signing.

  • lopetha replied to the topic Initial deposit cheques in the forum Legal & Accounting 7 years, 7 months ago

    Thanks all.

  • lopetha replied to the topic Wallpaper removal + Bunnings kitchens in the forum Value Adding 7 years, 8 months ago

    I installed a Bunnings flat pack a few months ago in a 2 bedroom unit. Came out really nice. Only problem is if you rplanning to use granite benchtops then stick away from the flat packs with the plastic legs. If your going with the laminate benchtops then they look great. Easy to install.Just one tip, remember to put the corner cupboard shelves…[Read more]

  • lopetha replied to the topic Buying property as a company share in the forum General Property 8 years, 2 months ago

    Thanks guys.

  • lopetha replied to the topic Buying property as a company share in the forum General Property 8 years, 2 months ago

    Any reason why this is the case? Is it classified as "higher risk"?

  • lopetha replied to the topic Buying property as a company share in the forum General Property 8 years, 2 months ago

    Thanks Terry. What sort of finance difficulties? Is it just the 80% max LVR or something else?Any other disadvantages that anyone else knows of?

  • lopetha replied to the topic Mortgage insurance in the forum Help Needed! 8 years, 2 months ago

    Generally its 80% so $70K on a $350k property.

  • lopetha replied to the topic Tentant in arrears – Notice to vacate question in the forum Help Needed! 8 years, 4 months ago

    Thanks guys. The tenants are meant to be paying monthly but seem to be paying in dribs and drabs all random amounts in hope that they will make the monthly repayments by the end of the month.

  • lopetha replied to the topic Help – Settlement tomorrow without a title? in the forum General Property 8 years, 4 months ago

    Luckily I got a call not so long ago saying that the vendors bank has located the titles and settlement will go ahead today. Thanks for all the input guys. Much appreciated.

  • lopetha replied to the topic Help – Settlement tomorrow without a title? in the forum General Property 8 years, 4 months ago

    It is an IP so no real urgency to settle today. I spoke to the conveyancer and the last time this happened settlement was delayed for 5-6 weeks. What if I decide not to settle and wait for the bank to get the title deeds? Can the vendor cancel the contract or anything? Ive already forked out the money for the deposit and also for the bank fees,…[Read more]

  • lopetha replied to the topic Landlord/Owner responsibilities regarding electrical wiring in the forum Help Needed! 8 years, 6 months ago

    Thanks guys. I spoke to the electricial directly this morning rather then going through the PM so I could get the full story. Apparently the person who did it did a really dodgy job. From what he said the transformers are the incorrect ones used, the wiring used is the incorrect wiring and many of the lights are wires are loose being a hazard. He…[Read more]

  • lopetha replied to the topic Reno cost estimates? in the forum Value Adding 8 years, 7 months ago

    Thanks for the input guys. Im in Melbourne so if anyone can recommend some good cheap places for goods that woudl be greatly appreciated. The apartment is approx 60sq meters. I did actually forget abot things like light fittings, towel rails etc so will need to budget for them as well. Reckon approx $15K will be enough to cover it all?  

  • lopetha replied to the topic Smoke alarms and body corp in the forum General Property 8 years, 7 months ago

    Thanks guys. Ive spoken to the PM to get one sorted ASAP.

  • lopetha replied to the topic Depreciation on old 2 bedroom apartment in the forum Legal & Accounting 8 years, 7 months ago

    Thanks guys. Ive organised for my QS guy to go and check it out.

  • lopetha replied to the topic Melbourne suburbs with bad reputation in the forum Help Needed! 8 years, 7 months ago

    vidy wrote:
    This link may be usefulIt lists the top 40 melbounre suburbs with number of burglaryhttp://racv.com.au/wps/wcm/connect/Internet/Primary/insurance/home+security/burglary+statistics/high+risk+areas/cheersvidy

    Just because they have high burglary rates doesnt mean those suburbs are a bad investment. Some of those suburbs which top the…[Read more]

  • lopetha replied to the topic Federal Budget & Property Investors in the forum General Property 8 years, 8 months ago

    I remember reading somewhere that the rental affordability scheme isnt for private investors. Is that true? Also, what exactly determines "new"? Does that mean brand new houses only? Or a newly purchased/rented property?

  • lopetha replied to the topic Should I sell or should I hang on?? in the forum Help Needed! 8 years, 9 months ago

    Some parts of Sunshine seems to be pretty bad for movement of the slab. A fair few properties which I have looked at in the area has had significant amounts of cracking caused by a subsidance. I recently put in an offer on a property but when my building inspector checked it out he mentioned that the foundation had moved that much that it needed…[Read more]

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