I swapped over to Rentmaster – easy to use, has better tools, can handle multiple ownerships (POSH can't) and does a whole heap more. Price-wise, very competitive (read cheap). It does get upgrades regularly so it is worth getting the subscription to the updates.I have used both POSH & Property Manager Pro. I was happier with PMP than with POSH…[Read more]

Land value and ratings value are two totally separate types of values and do not relate to one another. Rating value is used by council to determine the amount of rates that you pay, land value is what the theoretical price of vacant land is once you take away  the depreciated value of the improvements (buildings, sheds, garage, carports, paths,…[Read more]

The licensee is usually the person who has the legal requirements to run the agency – this should be listed on their website or on the dept  of fair trading/vcat website. (or you can ring the receptionist and ask for the licensee).

I'd also go fibre cement sheet but depending upon how bad the brick work behind is, fix a few 20 x 40 timber battens @ 450 mm centres horizontally, fix with spaghetti and screws. Then use stud adhesive & plasterboard screws (predrill holes through the sheet). Cornice cement is probably not the best solution in wet areas (read the pack).

The info that you are after is:Base index (Melb Dec 2007) – 158.5Current Index (Melb Dec 2008) – 163.5Therefore new rent = 163.5/158.5 X $1000 = $1031.55Check that there isn't a ratchet clause or minimum increase eg clause stating the greater of CPI or 4%

It may cost you a little more but is it possible to get a personal loan to cover the loss?

Generally, there is no maintenance required on a hard wired smoke detector other than the annual replacement of the 9 volt battery. Unit is tested (manually) on each change to daylight saving. Unless there is something special about the installation ie very high ceilings, any handyman can do this. I am not aware of any specific maintenance…[Read more]

Buyer's agents are used for time-poor clients or those who do not feel confident to undertake the due diligence work required. They can provide much useful insight into the property including arranging for all inspections and valuations etc as may be required prior to bidding at auction or submitting offers and undertaking the negotiations.

Escalate the issue with the property manager's licensee. Tell them that the PM doesn't have the balls to get the tenant to pick up their act  (and threaten to walk, do so if you must).

Do you have any recourse against the builder via the dept of fair trading or VCAT?

You will be up for the rent on the place that you are currently leasing up until the expiry or someone else takes it over. On top of that you pay the letting fee, lease preparation and advertising costs.

It all depends upon how much information that you already have. Firstly approach council to confirm that the property can be subdivided as well as reviewing the requirements for fire separation & fire safety provisions (scope will depend on how old the building is & type of construction). Town planner may also advise what council costs & fees are…[Read more]

Depending upon where the warehouse is located eg inner city, then there would be considerable demand (although entry price will be quite high).

Chris, it is not overly unusual to find a property which has a peppercorn rent on it. This is more commonly due to one of the previous owners having recieved a lump sum payment in return for the right to develop the site (for the leaseholder, it is essentially as good a title as freehold eg 99 year lease).The price is reflective of the…[Read more]

You would be best served by finding out who your friends/work colleagues may have used and whether or not they were any good (did they meet the spec)? Alternatively, ask you accountant to recommend someone who is able to meet your needs.

Unless the location offers something special eg beach, demand will not fluctuate outside of the normal range. Usually, just avoid the holiday periods/long weekends when people go away.

Unless the location offers something special eg beach, demand will not fluctuate outside of the normal range. Usually, just avoid the holiday periods/long weekends when people go away.

If you are a full time student (ie not derivong an income from your labours or through the use of the items purchased) then you most likely will not be able to claim the cost of those items nor depreciate their costs.

All undergraduate education at university (for Aust Residents) is paid via the Higher Education Contribution Scheme (HECS). It is not tax deductible. You are a full time student, not working in a field related to your studies – it is not deductible.The course that you are doing qualifies you to gain employment in a new area – it is not deductible.

Legal height is what has been legislated in the BCA ie 2400 mm. The only exceptions occur where you you can prove that the majority of the floor has achieved that height or greater (eg a sloping ceiling over a dormer window).Do what you can to maximise floor/ceiling height – put lights between beams/joists etc.So it will largely depend on the…[Read more]