What colour is it?

Will it include little gems like 'if it is connected to the board's mains, call a plumber'? You will need to steer clear of any instruction on installations which could be seen as unauthorised plumbing works

Firstly, why are you using the same conveyancer as the vendor – this person is not acting in your best interests as they are not able to offer independent advice to you as they know what advice they are giving to the vendor. Change conveyancer as they may have a conflict of interest (what are they doing to ensure that they do not have a conflict…[Read more]

On a flat site, slab on ground is easier and generally faster to build. Slab on ground is rarely ever cheaper. In the case of having to decide between cut and fill, retaining walls and deep beam footings for a slab on fill compared with pier and beam/bearers and joists – it should be much cheaper in constructing a timber floor in much the t…[Read more]

What in the world would possess you to use an enamel paint inside a building? Use acrylics. In a wet area like a bathroom, use semi-gloss (gloss if you must) with an anti-mould additive.Oil-based Enamels are very old school and should only be used externally where you require hard wear properties (subject to full sun/weather etc), even the newer…[Read more]

Vijay, most of the costs you have listed above are the costs of operating the business occupying the premises not of owning the premises – building insurance, land tax, rates, sewer charges, building management, plant maintenance are property costs, heating/lighing/materials/supervision/stock/materials etc are costs of the occupant making…[Read more]

Watch out for the 'bra boys.

Are you looking at the specifics of project planning or the wider field of project management? The planner's role is specifically to schedule the project ie to organise the order in which the tasks are to be complete includes study of various planning methodologies CPM, PERT, process diagrams etc and how these then relate to a project. Specialist…[Read more]

You would generally be better off negotiating a lower price based on no rental guarantee (equivalent value to PV of 2 years rent) but you will need to do your due diligence to confirm rentals and demand.

hedwig wrote:
I am not decided yet if with or without agent, however in most countries no agent is used.

This is Australia, most property transactions are handled by real estate agents

hedwig wrote:
2-3% of are at least $6000 after tax for this you may work nearly a month. some people even more. However if you get better results with agent…[Read more]

If the tenant takes the matter to the tenancy tribunal, you will lose – this is accidental damage and would be classed as fair wear and tear. Patch the carpet, get on with life. Carpet has a limited life, accept it, especially if they are prepared to pay for it.

Ben, you call it a multiple offer others call it gazumping. If you were in the same situation which offer would you accept?Conversely, was the sale price a matter of $ above yours or were other terms and conditions more acceptable to the vendor? In any case, the vendor had a choice and your offer albeit the only one on the table at the time was…[Read more]

Hedwig, only undertake works which will add value, if you do not believe that you will get the return + from the work eg the patio, don't do it, leave it up to the purchaser. A coat of paint won't cost much but will hide a myriad of problems.I personally wouldn't get out of bed for what it would cost to have an agent do the running around. Think…[Read more]

Essentially you work with net yield. ie You need to know that Gross rent = net rent + outgoings; passing yield = initial net rent/purchase cost; theoretical yield = fully let net income/purchase cost, current yield = net income/curren market value.

World Changer wrote:
if in nsw the landlord pays the bill up to certain usage then the tenant pays the rest.Youd have to check withh the dep fair trading i would think for the figures

.Sorry to contradict you WC, if the lease states in cl 29 that the tenant pays for usage, then they pay for usage. The owner generally pays the sewer/availability…[Read more]

I'm with Terry on this one. If you have exchanged, in the absence of a fault in the contract, or you pulling the deal within the cooling off period, then the vendor has accepted your offer (as they have signed the counterpart contract for sale). They cannot accept another offer without having recinded the first (yours).

Depends largely upon the state in which they are located and how close to the cbd and if they provide 'low-cost accommodation'. Refer to the Office of State Revenue if in NSW (concession on land tax if located within 5km of cbd).

Where water is metered, and the tenant is under a recent lease (ie post 199x reforms), there is a provision that the tenant pays for water consumption (it may differ from state to state but see: http://www.fairtrading.nsw.gov.au/Tenants_and_home_owners/Renting_a_home/Renting_costs/Water_and_sewerage_charges.html

It doesn't take much to google many of the sites on the cashflow capital website and discover them for yourself, plus many others. Save yourself the 2% and do some legwork.

If that is the case, then you might consider gas boosted air conditioning. The heating capacity is increased (due to the gas burner) and you get away with a lower powered cooling system. This is only for  a fully ducted system. It has marginally higher upfront costs but your winter running cost will be much lower, recouping itself over a number of years.