Had to laugh – checked out the qualifications page: Licensed Real Estate Agent (any BA has to be a Licensed BA), Undertake 12 Points CPD annually (also compulsory from Fair Trading).

Mikand wrote:

Terryw wrote:
Under 50sq m?

According to the title, it is approx 160sqm.

A one bedder with extensive gardens/entertaining area/triple garage?

The RTA has to write to the tenant confirming that they agree with the amount to be deducted from the bond. They will release the money within 48 hours – this should be to your account not the agent unless the agent has paid for the repairs.

From what I have gleamed from my contact with caravan parks:

Land is often a mix of freehold & leasehold (a portion may belong to council/railways/utilties etc)

It is a 24/365 job, not even 24/7 – there isn't a ready pool of locum managers available

Carry out lots of research – business brokers, specialist valuers, solicitor, accountant,…[Read more]

check your pm's

Which resort James?

Which state are you looking at James?

In NSW Richardson & Wrench has the contract for the disposal of surplus sites for DoH. 

Even though you're in a trade, the time that it takes to build (ie project manage, tender, coordinate trades, clean up site, supervise, purchase materials, keep the ball rolling etc) will way exceed the savings that you might make. If it takes 6 months longer to build than a builder, your interest costs will chew up whatever savings you have made.…[Read more]

Contact Telstra, they probably have  a pit on your side of the street.

Why didn't the electrician run the cable in the existing conduit?

Each of these are variables depending upon the area you are investing and the property type: newer areas often have higher rates than established area as the council is still establishing the facilities, insurance varies depending upon risk (rough areas etc), repairs/maintenance – ballpark it at the same rate as general depreciation (2.5% pa of…[Read more]

'The Crest' has a wealth of experience in this area but a specialist valuer would assist greatly in the valuation of the business and freehold. See the link.

The new property manager often serves the notice to the existing property manager and takes over until the notice period is served out (unless there are outstanding matters).

What is Internet Explorer? Oh that's right, it is the one I delete as soon as I download Opera/FF/Chrome….

Reno pretty much sums it up in a nutshell however if you only hold a certificate of registration, you can't be a contractor ie commission only sales person. You would need to do a course (probably Real Estate Institute in your state or Tafe/OTEN).

You are often paid on a debit/credit system ie earn a low base salary and commission which are then…[Read more]

To calculate the stamp duty, visit osr.nsw.gov.au and search "stamp duty".

You will find that many builders selling home & land packages may consider selling the land and enter into a separate construction contract (thus minimising the stamp duty payable).

Plenty of threads about what people think about rent guarantees.

jarydneethling wrote:
I understand that there are a number of variables that come in to play, however I'd like to know if there is a quick formula I can follow if and when I find a good deal. My understanding is that you cant really tell too much from the rental yield percentage as that does not give you a clear idea of what the exact cash…[Read more]

Daveybear wrote:
Yeah i am gettin tired of them too. Do you read books then?

No I wait for the movie.

Work out if the house can be moved – is it high set/have adequate access underneath to resupport and then put on wheels to move? You will need to reestablish all services as well as stumping/piers etc for the new location. There is also the risk of having all the walls/windows/ceilings crack.

Have a chat to council's town planner to find out…[Read more]

If the user is going to be a business use (not residential usage), then you would generally be much better served with a commercial lease agreement rather than a residential tenancy agreement. The RTA lease is set up for home occupancy not for commercial use and so may not suit the purpose you seek.