Not sure if it works on a Mac but I have recently implemented Rentmaster – you get a 60 day trial (plenty of time to try it out). It has a few limitations depending upon your portfolio (ie retail or some commercial) however you are able to work around most issues.

Blacktown/ 7 Hills etc are all on the trainline – maybe they won't have the employment prospects of Parramatta but they are short commuting distance to Parra compared to the CBD. These areas have taken a big hit with the current correction so should have a greater rebound or at least allow you to get more bang for your buck.Block sizes are pretty…[Read more]

Zig, you have a lease over the land (probably only monthly or weekly) so you do not have any tenure over the land. What you bought was the improvements – the park manager can give you notice at any time and get you to remove your 'improvements'. That's life in a park.

It also pays to give the old PM the appropriate notice and a letter covering this off – discuss it with the new pm

There  were even a couple in this week's Realtor magazine – Western Sydney suburbs with rail line, 3 bed house + granny flat. You just have to interpret what is on offer, maybe do a little bit of work eg add a bedroom/knock down an internal wall but it is achieveable.

How much can you knock off? – not much if they are selling quickly.Parra council has just lauched its new website: http://www.newworkcity.com.au Decent commercial property is quite tight.Fuel costs are increasing (hence need to be near a good rail line)

Sounds like a refinance job – they will need new financials, some idea as to what you are using the money for, how you are going to fund repayments etc.If you are buying another property, why not take the loan out against that one and use your LOC or redraw to pay the the deposit?

What has the lender's insurer got to do with the risk of your tenant's being exposed to AC fibres? They are lending you money on the viability of the cashflow not the likelihood of a claim for mesopheloma in 20 years time.

As yarpos points out, you do not own the property until it settles, you have no legal rights over the property (not even a registered caveat). You will be permitted access for the inspection prior to settlement and if they were feeling generous to allow you to 'get quotes to do work' as soon as it settles – all in the company of the agent.I…[Read more]

Unless you have done quite a bit of it before, you might as well paint it white 'cos it will look like stucco.  As there are large areas to be covered as soon as angled light hits the wall you will see every blemish or unevenness in the finish if you have done it and don't have the skills to carry it off. Sorry to be so negative but this is the…[Read more]

Check whether the broker will give you the desired amount as a standard loan – why pay the penalty for commercial rates if you don't need to? As an alternative, go for some short-term finance – discuss with the bank the use of 180 day bank bills.

Refer to the LEP for the zoning to check what the requirements are for battleaxe handle. If you are still unsure, speak to the town planner to determine the requirements.

I have never seen a copy of the vals requested by the bank however they have, when queried, always told me the amount on the valuation, and even at a later date confirmed the dates when the vals were undertakenm whether they required a new valuation or were satisfied with the old ones.I do not believe that the bank has any duty to disclose the…[Read more]

Doesn't sound too unreasonable. Consider how much earthworks is required, then the roads & services. Unless you tender each part, allow for supervision, prelims etc you won't get much better. ?Try sending it out to tender.

On the second point first, yes you will pay CGT on the subdivided parcel of land, yes you will either wear or have the purchaser bear the GST (depending upon the property & buyer).As for CGT on the PPOR, I do not believe that there is a minimum timeframe however check the ATO website.

Try Home and Housed over at North Rocks, or also in Adelaide.

It is your responsibility as the owner to ensure that the house is in a habitable condition – unsafe lighting which may cause a fire is not 'habitable' as there were working lights when the tenant moved in and providing they did not install them are not their responsibility. They may have cause to break the lease.Halogen downights will be phased…[Read more]

Banks will generally only revalue properties when the mortgagee requests to make a change to their finances ie new loan or restructuring. That said, it won't happen more frequently than every 3 years unless there has been a major correction in the market and your properties would be in those areas affected (eg Sydney Western suburbs).Very few…[Read more]

You will need to find out about South American Tax Law, whether they allow foreign nationals to hold property, whether there are any reciprocal rights with regard to tax paid on SA income. You will also need to get a good understanding of property law from a local point of view. Latin American countries are more likely to have a european system of…[Read more]

you can't claim gst on resi property however you claim the full cost of expenses ie plumber $110 incl gst. The reason being is that you don't collect gst on the rent, unless you are a corporate owner and you have to remit gst on th e rent.