Firstly , a valuer does not ‘assume’. Based on the current restrictions, the highest & best use is NRAS. There is a limited market for this type of investment as it achieves a below market return, valuations are not based on tax incentives as each person’s tax situation is different.

You will achieve a better valuation when there is only 1 year…[Read more]

You cannot strata an area for future development – this can only be achieved through stratum subdivision.

to ask a stupid question: to what purpose? If you do not have any rights over the land how would you propose to put on any further development?

Stupid question: are the carpets able to be cleaned or worn to the point of replacement?

Why did the agent release the bond prematurely?

What are you doing to mitigate your loss?

wilson,There is no mandatory disclosure of building defects – these are discoverable. Mandatory disclosure only relates to violent crimes, murders and the like which have occurred in the premises.The question has to be asked as to why your friend, clearly not an expert in building matters, did not follow his solicitor's advice to get a building…[Read more]

Hi Sez,

of course a pm can do it without having to engage a solicitor. In NSW & other states, you can either download the form from fairtrading.nsw.gov.au or buy them from newsagents or real estate agents. This allows landlords to do it themselves.

Is there any way that you can claim/prove that you were living at the house as your ppor?

No, if you close out the loan on the ip then the new loan is for personal use & not deductible.

Probably the REI but it may depend upon the area that you cover eg Sydney metro, Hunter, Illawarra etc so you would need to check if they have members in your target area or if it goes to all members.

industry association magazines like the REI or EAC Etc…….

Look up any of Prof Norman Harker’s dcf or irr work with the excel forums. His stuff is very well recognised.

Retailers exert very little control over centre management however the retailers do have a bit of a say when it comes to the direction of expenditure for the marketing levies – it is your 5% of base rent.

Withholding rent is a breach of lease so is not advisable. You should make an approach to the retail & marketing managers to express your…[Read more]

I always work on the premise that if it hasn’t hit my account ie on the june statement, I haven’t received it.

You could consider absorption trenches. Needs a proper design but 2000 years of experience must say something.

Why?

It doesn’t affect what price they will sell to you.

It could be ‘rooms by the hour’ if you know what I mean.

or spontaneously self-combust.

Ah , just fudge the figures – you’ll never get caught!

in NSW, stratum title permits the developer or owner of the entire stratum to further develop & subdivide within that stratum. Eg a development may comprise a retail/commercial stratum with individually titled suites & parking then a separate stratum with its own strata plan for units all located above/adjacent to the shops.

The only commonality…[Read more]

By selling your PPOR before your new purchase, you lock in today's price in a falling market (in most capital cities at present). A delayed settlement (on the PPOR) will allow you time to shop around for a house which closely matches your requirements and to negotiate a settlement period on the new house which closely ties in with the transfer of…[Read more]