https://www.propertyinvesting.com/members/sez/activity/ Activity feed for Sez. Sat, 11 Apr 2026 22:55:44 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e4842d09b8ac835a060fea1afc8b37e6 https://www.propertyinvesting.com/topic/4405364-landlord-insurance-21/#post-4660078 Wed, 07 Dec 2011 02:51:55 +0000 Depends on your state. Property insurance Plus is fantastic and are based in Melbourne – not sue which other states they have branched out to yet. Terri scheer and Aon are also pretty good in my experience. Most landlord insurance policies for a standard residential lease arrangement will cost you a little less than $300 per year.

]]> a0791e18c17e574d319f6492f37b4b75 https://www.propertyinvesting.com/topic/4405231-need-help-peeling-paint-in-bathroom-should-i-repaint-or-tile/#post-4659106 Mon, 21 Nov 2011 22:37:44 +0000 Hi Joe,First question – did you sand back, properly seal and prepare the wall before using a mould / moisture resistant bathroom paint?If no to any of these questions then do a repaint – make sure everything is prepared properly, you use a seal and proper paint on the walls and ceiling. If you repaint the walls you will likely have to do the…[Read more]

]]> 0697662f060ad9093f2e3aa1834d13a8 https://www.propertyinvesting.com/topic/4405176-selling-ip/#post-4658794 Thu, 17 Nov 2011 00:43:12 +0000 I know in VIC there has recently been an increase in "flat fee selling" perhaps look around for an agent who has a flat fee, no percentage rates, to help minimise the cost while getting a good price. Also, see if there are any independent agencies, sometimes these agencies are cheaper as they don't have to fork out for franchise fees from every…[Read more]

]]> 6490f53991ad28d7ccd943c093ed273f https://www.propertyinvesting.com/topic/4385621-rent-in-advance-is-it-really-so-tricky/#post-4547975 Thu, 17 Nov 2011 00:40:26 +0000 Hey guys, You can't REQUIRE a tenant to pay more than one month in advance in VIC, however, if they WANT to pay the 12 months up front there is no problem with you accepting it. If a tenant signs on to a fortnightly lease then you can still ask for a month up front (or four weeks which will be far easier to keep track of payment dates) and if they…[Read more]

]]> bae6118e9c3180d1d7e88222c041562e https://www.propertyinvesting.com/topic/4405001-we-need-more-users-on-this-forum/#post-4657689 Tue, 15 Nov 2011 22:13:38 +0000 I'm always reading and not always posting , as property managment is my area of expertise (in VIC anyway) there isn't always a query I can help with, I enjoy reading and learning though .

]]> dd353a91f842a7ab5f3d7a3d0f9638bc https://www.propertyinvesting.com/topic/4405139-weasel-words-in-real-estate/#post-4658562 Tue, 08 Nov 2011 22:23:44 +0000 I must admit these make me laugh a little – my recent favourite was "outdoor entertainment area which soaks up the evening sun" I'm a PM and I understand needing to advertise the properties in a way that will get people through but I tend to use a bullet point approach listing the details of the house e.g.*3 bedrooms with built in robes* master…[Read more]

]]> e247bc45b83071a995d11eff0714a2bf https://www.propertyinvesting.com/topic/4404987-what-annoys-you-about-property-management/page/2/#post-4657566 Wed, 26 Oct 2011 22:34:59 +0000 Just in regards to how many properties a property manager can manage (sounds like a tongue twister), this varies depending on the area you manage in. I'm based in Carrum Downs, near Frankston in VIC. In and around Frankston I think that for a property manager to do a truely excellent job they shouldn't have more than 130 properties to manage on…[Read more]

]]> 69d8aa3140e0acba7304669dfdc129c2 https://www.propertyinvesting.com/topic/4404993-fencing-laws-victoria/#post-4657612 Fri, 21 Oct 2011 22:11:30 +0000 I think if you have received a notice to fence it would have to be disclosed to anybody wanting to purchase the land and as such they are going to be thinking along the lines of "ok, so I purchase for x amount and then I need to spend an additional x amount straight after settlement due to this notice to fence….." I don't know if it would need…[Read more]

]]> 0d6abb349e7683aa2ddc9763fe640c93 https://www.propertyinvesting.com/topic/4404993-fencing-laws-victoria/#post-4657605 Tue, 18 Oct 2011 00:51:18 +0000 Good fences can only help your sale! Yes, you can get some of your own quotes but you will likely find that if action isn't taken soon one or both of the neighbours will get their solicitors involved to get the work done. I would suggest getting the fences done but perhaps have a chat to your neighbours about your concerns?Good Luck.

]]> ee77b7b35e1be30336ce0f8bb02571f5 https://www.propertyinvesting.com/topic/4404987-what-annoys-you-about-property-management/#post-4657544 Sun, 16 Oct 2011 22:18:16 +0000 I'm a PM and actually went through this process with clients too! I work in an area where all PM's have a bad name and I wanted to stand out from the rest and make sure I was on the right track to keeping all of my clients really, really happy with my service! Obviously communitaction is important but I think the thing it really comes down to is…[Read more]

]]> 9c353e651474961825f6b6d67f9ba55d https://www.propertyinvesting.com/topic/4404883-water-damage-suspect-tennant-fault/#post-4656867 Wed, 05 Oct 2011 22:45:56 +0000 Hmm, yes, that would often point a guilty finger at the tenant, not reporting when their unit is full of water! This is one of those times you wish you were a fly on the wall….with a tape recorder! I'm sure your insurance agency and PM will be able to sort it all out for you but let us know how you go!

]]> a69197cc3c542484ea59721c62d78021 https://www.propertyinvesting.com/topic/4404878-investment-property-burnt-down-what-to-do/#post-4656851 Wed, 05 Oct 2011 00:46:09 +0000 As a property manager I have had the misfortune of coming across properties which have burnt down. Always after midnight and emergency services always find my mobile number to let me know…..I can't give you any answer as far as the building of the granny flat and your bank loans go, however, I can offer some assurance that in the cases I have…[Read more]

]]> 267fd8bfc606eb2d9384713b20d52e43 https://www.propertyinvesting.com/topic/4404883-water-damage-suspect-tennant-fault/#post-4656865 Wed, 05 Oct 2011 00:41:33 +0000 I have to agree completely with aussieguy2000 – this is why your insurance policy is there. In VIC all my tenants have a clause stating that if they accidentally cause damage then they will have to pay the insurance excess, that clause is there for situations just like this one. Let your insurance agency handle it, they are the professionals and…[Read more]

]]> bf8ba75b0cbddfe8a8e7821f81c1d43f https://www.propertyinvesting.com/topic/4404707-entry-into-real-estate-job-some-details-needed-asap/#post-4655694 Thu, 15 Sep 2011 01:54:05 +0000 I did my Agents Rep at Tafe doing night courses, you will most definately benefit from the face to face time as others have said so I will also not recommend distance learning. If you have your agents rep it doesn't really matter where you got it, you will be entering the industry with your L plates on and so again, to echo everyone else make sure…[Read more]

]]> 38ab8026b007040d7328f78c62057389 https://www.propertyinvesting.com/topic/4404613-bond-claim-disagreement/#post-4655129 Mon, 05 Sep 2011 23:35:15 +0000 Try to negotiate some trivial amount from the bond that the tenant will agree to, it is likely if you go to VCAT it is more than what you would be awarded there. How long was the tenant in the property? I have seen this situation before with floorboards in the kitchen and bathrooms and I was able to claim some money from the bond for the kitchen…[Read more]

]]> b2810a2175f9f9316725af3caf3a3e32 https://www.propertyinvesting.com/topic/4404383-advice-on-who-is-responsible-for-damage-to-property-pm-or-lying-tenant/#post-4653411 Mon, 08 Aug 2011 05:21:47 +0000 Are you able to find any direct cause for the rot? The PM should have got a plumber out there to do a written report on the cause and taken that to VCAT with them. Unfortunately it is a heavy loss but also know from now on that you can refuse ANY application. As an owner in VIC you don't have to provide any reason for rejecting the application and…[Read more]

]]> 192490e283a35145a42000f919b21a32 https://www.propertyinvesting.com/topic/4404383-advice-on-who-is-responsible-for-damage-to-property-pm-or-lying-tenant/#post-4653409 Mon, 08 Aug 2011 02:41:00 +0000 Look around for a good agent! Sometimes an agent a little out of area will do a better job than the locals, you said it was a small surfing town? Local agents may feel they don't have to fight for the work if it is isolated. I am a little confused though, VCAT claim of $20,000? Max you can claim at VCAT is $10,000 anything more and it is a matter…[Read more]

]]> ccd0186719693096970667e7dc7e7c88 https://www.propertyinvesting.com/topic/4404344-ip-advice-mornington-frankston-peninsula-area/#post-4653168 Sun, 31 Jul 2011 23:28:43 +0000 I would have to agree that you need to speak to a couple of people to put this one together for you. I can help you with the views of a Property Manager so send me an email if you like but aside from that you would need to talk to Your accountantMortgage brokerReal Estate Sales & Property ManagementA lot of the answers to your questions will vary…[Read more]

]]> 479d93ef9a20d73db80f743e7998f518 https://www.propertyinvesting.com/topic/4404296-re-lettingnew-contract-fees-for-existing-tenant/#post-4652813 Thu, 28 Jul 2011 05:23:42 +0000 Check the agreement for a clause about your agent not carrying out their job correctly. Firstly – You have not agreed to a new 12 month lease, therefore, they should not hold you to 5% if you terminate the agreement, also, contact Consumer Affairs (or your state equivilant if you're not in VIC) as there are strict regulations on what agents can…[Read more]

]]> 745099ec8d7d36f92aa6c5414f9acebf https://www.propertyinvesting.com/topic/4404311-managing-agent-etiquette/#post-4652891 Thu, 28 Jul 2011 05:17:21 +0000 The current agent should most definately not have started trying to find you a tenant without a signed authority, I myself will not do anything until an authority is returned. That piece of paper gives them the go ahead to do these things!!What sites are they advertising on? How are the photos, you say it is inline with other properties but is the…[Read more]

]]> f147d163e8cd4a438faa0b5fb468e96a https://www.propertyinvesting.com/topic/4403888-real-estate-agent-performance/#post-4649503 Tue, 05 Jul 2011 01:04:53 +0000 Hi Igino,I would begin looking around for a new property manager. One of the main things to ask them is how many properties are in their portfolio! Depending on what area of VIC you are in that answer will vary. If you are looking with a PM with the time to really do their job well then don't go with an agency whos answer is 220+ properties per…[Read more]

]]> fda092143118d254887f2c46a2a7787e https://www.propertyinvesting.com/topic/4404102-do-you-work-at-a-real-estate-agency-what-is-the-best-advertising-method-to-reach-them/#post-4650961 Tue, 05 Jul 2011 00:55:21 +0000 I work in a real estate agency and people get much further by coming in and having a chat. If people are going to do business with you then they will want to meet you and like you!!Best place to start if they are busy is to book an appointment with them when you go in, often agents are very busy and while they are happy to see you may not have the…[Read more]

]]> 1f50348f4bcbc2c52e34a0a1c3b94e45 https://www.propertyinvesting.com/topic/4404072-property-with-9-bedrooms/#post-4650789 Mon, 04 Jul 2011 06:55:48 +0000 As a property manager I can tell you that these properties can be a lot of trouble. 9 rooms is a large mix of people, you don't only have to worry about the usual issues which come with investment properties but also have to deal with a large amounts of complaints from different tenants about other tenants! It can also be hard to find a property…[Read more]

]]> 4e9bd7be8c62226f0fda088429fac8de https://www.propertyinvesting.com/topic/4404027-having-problems-renting-out/#post-4650499 Thu, 30 Jun 2011 02:27:45 +0000 If you are having issues leasing it but getting pleanty of people through who are just bad applicants, could be price. People who are desperate for a house but know they probably won't get anything due to a bad history will pay any price you ask!If you aren't getting through then it is either the price, advertising OR presentation of the property…[Read more]

]]> cef7754bdf64e22f3dee3062235c61ff https://www.propertyinvesting.com/topic/4403930-experiences-share-accommodation/#post-4649722 Fri, 24 Jun 2011 04:37:31 +0000 Remember the laws will vary state to state as well. In my experience it is very hard to find a knowledgable PM for share accommodation and the ones who are knowledgable don't manage them. It can have great rewards but, in my opinion (as a PM), the additional work and risk associated with it is just not worth it.

]]> 0b9c794e187ffa6c4a9c531638c9e5dc https://www.propertyinvesting.com/topic/4403883-can-they-put-a-for-lease-sign-out-from-while-we-still-are-tenants/#post-4649436 Thu, 23 Jun 2011 02:54:39 +0000 Depends on your state and lease etc. but yes, generally they can do this as they have a right to re-lease their property as quickly as possible once you have moved out. I am surprised with only 2 weeks to go your agent hasn't contacted you about having an open for inspection yet .

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