Total Members: 158,301

possumpal

  • possumpal replied to the topic How long should I wait to purchase another property? in the forum Help Needed! 14 years, 1 month ago

    HelloJust wondering what a depreciation schedule is?Thanks Tim 

  • possumpal replied to the topic Where should I start? Thanks for helping… in the forum Help Needed! 16 years, 5 months ago

    Hey TimWell if nothing else you have a great name, LOL.I have been where you are and in some regards I still am. You have to remeber that you will be investing thousands and thousands of dollars so a couple of hundred spent on books and some time reading will soon pay for itself. Even if you only learn one single thing from a book chances are…[Read more]

  • possumpal replied to the topic Increasing Rent. in the forum Help Needed! 16 years, 5 months ago

    Hey KenzI think it is vitail to have a good relationship with your tennants, not only when renewal comes up but throughout the year. I give my tennants two movie tickets and 4 cruisers (they are only 18, so this suits them) every time that i have a property inspection done and it comes back allgood. This is a tiny cost in the scheme of things are…[Read more]

  • possumpal replied to the topic Body corporate meeting in a few hours in the forum Help Needed! 16 years, 5 months ago

    Hey all,Thanks for all your advice, i had my meeting last night so just thought i would report back….Bascially the body corporate is in a very bad state. There is no external mangager, rather on of the owners runs it. The problem is he dosn't get paid to do this so dosn't have much moviation and worse still the at the last body coprorate meeting…[Read more]

  • possumpal replied to the topic Body corporate meeting in a few hours in the forum Help Needed! 16 years, 5 months ago

    NoniThanks, i will make sure i ask those questions.But yes i think some of the other owners are also annoyed with the currunt BCM. What is a reasonably amount to pay a BCM?Is it worth taking on the job myself, not for the finicial gain but rather just to ensure that things are done correctly, or is there a fair bit of work involved.Sorry for the…[Read more]

  • possumpal replied to the topic Where Do I start? Am I too young in the forum Help Needed! 16 years, 11 months ago

    hi,just thought i'd say your never too young to start, i bought my first property at 20 and my second a year later which i take possesion of in about 2 weeks.  its not easy but if you do your research and don't listen to all the negatives people tell you then you should be right. the biggest problem i had was people treating my like a kid but…[Read more]

possumpal

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