PropertyInvesting.com | shake-the-disease | Activity https://www.propertyinvesting.com/members/shake-the-disease/activity/ Activity feed for shake-the-disease. Wed, 15 Apr 2026 06:05:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 1434a04e7be0ccd9f95169ccec64f75e shake-the-disease replied to the topic Letting 1 house with 2 areas to separate tenants in the forum Help Needed! https://www.propertyinvesting.com/topic/4387266-letting-1-house-with-2-areas-to-separate-tenants/#post-4556756 Thu, 02 Nov 2006 07:37:48 +0000 Yes you would need separate meters unless you pay the utilities yourself.

Outdoor areas should be separate.

The 2 halves of the house would need to be independantly lockable.

Are there common areas? If so that adds complication (eg bond issues, amenity)

If it is a shared laundry then you will need to provide the washing machine.

It is very…[Read more]

]]> af0aac62c59567032f1b96021461a727 shake-the-disease replied to the topic Letting 1 house with 2 areas to separate tenants in the forum Help Needed! https://www.propertyinvesting.com/topic/4387266-letting-1-house-with-2-areas-to-separate-tenants/#post-4556754 Thu, 02 Nov 2006 06:13:04 +0000 Are there separate meters for electricity, gas and water?

]]> 7d4e76be167044eaacfc0668a7b95d51 shake-the-disease replied to the topic Catch 22 situation in the forum Help Needed! https://www.propertyinvesting.com/topic/4387246-catch-22-situation/#post-4556679 Thu, 02 Nov 2006 05:57:23 +0000 Am I understanding you correctly that your goal is to have an emergency fund of 100k? You are willing to give up $100k/yr growth to achieve this goal?

]]> a1674646a8f37d6f4fc4f1c1f66a70b6 shake-the-disease replied to the topic Catch 22 situation in the forum Help Needed! https://www.propertyinvesting.com/topic/4387246-catch-22-situation/#post-4556677 Wed, 01 Nov 2006 12:00:43 +0000 Unless someone has a gun to your head, selling in that situation I think would be a very very bad idea. With $1m in gross value and Sydney in a slump it is the worst time to sell.

Markets tend to transfer money from the impatient to the patient. Don’t be impatient.

]]> 85cac5871d204627fc40d128bba6bdb0 shake-the-disease replied to the topic Serviced Appartment advice needed?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4387247-serviced-appartment-advice-needed/#post-4556690 Wed, 01 Nov 2006 10:42:08 +0000 Are you sacrificing capital growth? Absolutely YES

Property as an asset class is poor for income. LPT, CPT and high div shares have an excellent track record to provide what you seek.

]]> a1707e76a349ad05f3fd24af3a2000dd shake-the-disease replied to the topic Best Suburb In Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4386811-best-suburb-in-melbourne/#post-4554782 Mon, 25 Sep 2006 01:02:10 +0000 Originally posted by fivetalents:
Hi,
We are looking at buying around Burwood/Box Hill South at the moment. If you’re into developing you could pick up a old house on a subdiviable block that you could build a house on the back or completely develop later on if you wanted to. Box Hill south has reasonable size blocks and there are lots of examples…[Read more]

]]> 3d309f624dc804d743a5e7c6faadff4d shake-the-disease replied to the topic Finding a willing mentor in the forum Help Needed! https://www.propertyinvesting.com/topic/4386780-finding-a-willing-mentor/#post-4554526 Mon, 18 Sep 2006 04:28:35 +0000 If you have 0, 1 or 2 houses then it really is simple. Read a couple of books (Steve McKnight, Jan Somers and Michael Yardney books for example) and away you go. There is a huge amount of information on how to build up a portfolio of 5 or so IPs.

If you have 10 or so and trying to figure out how to expand or retire then I can understand a mentor…[Read more]

]]> 7bf7811efea60fe084b33cb6f250e1b1 shake-the-disease replied to the topic amateur needs help in the forum Help Needed! https://www.propertyinvesting.com/topic/4386786-amateur-needs-help/#post-4554552 Mon, 18 Sep 2006 03:57:39 +0000 The answer to your question is “Yes”. Over time though your wages will increase which will mean your PPOR payments will become less of a burden.

Also consider buying your first house as an IP and renting a place to live in to reduce the cash flow drain.

]]> 68eff8011835488353d55234801d6e2f shake-the-disease replied to the topic Parents own too much land for pension in the forum Help Needed! https://www.propertyinvesting.com/topic/4384987-parents-own-too-much-land-for-pension/#post-4544959 Thu, 06 Apr 2006 05:23:02 +0000 Originally posted by redspida:
Transferring the property now will incur stamp duty. It may be a way for them to get the pension, but at $420 per fortnight is it worth the hassle and expense – Capital Gains Tax as well.

Hi Terryw,
is stamp duty payable even for transfers to family members without any money involved, just change of name on the…[Read more]

]]> 387ac37ce6845f181e31dca49a953411 shake-the-disease replied to the topic Is property the only way to financial freedom ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384981-is-property-the-only-way-to-financial-freedom/#post-4544916 Wed, 05 Apr 2006 04:48:22 +0000 Most property is pretty rubish for cash flow. However perhaps you need to think beyond selling and switch asset classes.

Why not borrow against your existing properties and buy shares/managed funds. These can then be margined to buy more.

Selling property means giving up the CG forever (as well as incurring a whole lot of extra costs).

]]> 1eae2ec3cef6fff34c79b71667461a89 shake-the-disease replied to the topic Leasing an apartment to a hotel in the forum Help Needed! https://www.propertyinvesting.com/topic/4384945-leasing-an-apartment-to-a-hotel/#post-4544655 Wed, 05 Apr 2006 01:19:16 +0000 Originally posted by geosan:
. If you want a really good negative geared property go for it, but be aware of the problems that may catch you out.

………….

I will be pricing it so that it will be attractive to all those negative gearing investors out there!!!

You seem to not understand negative gearing at all. I can tell you that your…[Read more]

]]> e0dfa335fff219f914b16b7f011748e1 shake-the-disease replied to the topic CF+ Melbourne CBD worth BUYING now? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384961-cf-melbourne-cbd-worth-buying-now/#post-4544720 Tue, 04 Apr 2006 06:34:04 +0000 I can’t think of a single circumstance that I would even consider buying a unit in the Melbourne CBD.

Is scarcity there? No
Is there a good prospect of CG? No
Is there good collateral value? No
Is the income OK? Um, maybe

That rates 1/2 star out of 4 in my book.

]]> 19ad14770ce804d488508b594e334b59 shake-the-disease replied to the topic To Keep or Sell? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384962-to-keep-or-sell/#post-4544729 Tue, 04 Apr 2006 06:28:53 +0000 There’s no way anyone can give you an eductated answer based on the info you’ve given. My uneducated answer though is never sell real estate. [suave]

Maybe you could let us know though
– why did you buy the house (as a PPOR, as an IP for growth or income ??)
– why you are thinking of selling at the moment

]]> fdbe1060a2c73c1053c9d2d480e0731e shake-the-disease replied to the topic feng shui!! in the forum General Property https://www.propertyinvesting.com/topic/4384818-feng-shui-2/#post-4544065 Thu, 30 Mar 2006 01:19:06 +0000 Fung Shui is very real …. well OK ….. it’s about as real as the Bermuda Triangle, Lochness Monster and the Yeti. OK OK you got me, it has absolutely ZERO truth behind it. :) There Ive said it.

However, many people are superstitious so for this reason , and only if your target market is Chinese people, you should consider Funh Shui principles.

Good luck

]]> 89e603570b256fcd13952ab4bfe54033 shake-the-disease replied to the topic My story - Seeking financial freedom. in the forum Help Needed! https://www.propertyinvesting.com/topic/4384507-my-story-seeking-financial-freedom/#post-4542549 Thu, 02 Mar 2006 02:24:12 +0000 Great to see you’re enthusiasm especially given what you have already had to go through at such a young age.

First I think you are on the right track with regard to real estate being a means to achieve financial freedom.

However….

The most important function of a job is to provide the means to get the initial seed for investments, and the…[Read more]

]]> 5302ad93c22dd8e6522a29dcdf5c2496 shake-the-disease replied to the topic THE NEXT PROPERTY CYCLE! in the forum Help Needed! https://www.propertyinvesting.com/topic/4384429-the-next-property-cycle/#post-4541737 Thu, 23 Feb 2006 03:11:36 +0000 Let’s talk Melbourne and Sydney.

It is unthinkable that the next boom would occur by then.

There is a great book written by Keiran Trass (sp?) on property cycles. There are 3 phases, boom, slump, recovery. Each of these three can be beginning, in the middle of, or at the end. If you haven’t read it I recommend you do, the insights on drivers vs.…[Read more]

]]> cc283e49e64e2f323ec808fdb8a5e402 shake-the-disease replied to the topic Whose responsible in the forum Help Needed! https://www.propertyinvesting.com/topic/4384419-whose-responsible/#post-4541704 Wed, 22 Feb 2006 05:58:07 +0000 Not dodgy, just trying it on.

How did the tree fall over? Unless it was neglect on your part (eg the tennant had warned you it was dead or likely to fall over) I can’t see how you are responsible.

]]> 0029b8d97a02440919516ddc820fd478 shake-the-disease replied to the topic New at Developing in the forum Value Adding https://www.propertyinvesting.com/topic/4384415-new-at-developing/#post-4541663 Wed, 22 Feb 2006 05:51:17 +0000 Call or email Michael Yardney at Metropole. He is a very experienced developer and a regular contributor on this board.

]]> 8dbe3562fd52efa06b69533f8e0bf04e shake-the-disease replied to the topic What would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384383-what-would-you-do-14/#post-4541484 Wed, 22 Feb 2006 05:47:37 +0000 Originally posted by BDM:
G’day Going For Broke,

Another suggestion, if you haven’t done so already, would be to refinance your IPs with a Fixed Rate Interest Only loan, fixed for 3, 4 or 5 or more years. This will make your repayments lower, and also be “locked in” for however many years you wish it to be.

This is good advice. The easiest and…[Read more]

]]> e8a38b49f60d09b38a01b55cfcd6a828 shake-the-disease replied to the topic Whose responsible in the forum Help Needed! https://www.propertyinvesting.com/topic/4384419-whose-responsible/#post-4541702 Wed, 22 Feb 2006 05:39:50 +0000 I would think car insurance. Best to ask the insurance company though.

]]> 28e06bfef3df8f1c551bd9b37d588555 shake-the-disease replied to the topic Agent refused my written offer ! in the forum Help Needed! https://www.propertyinvesting.com/topic/4384413-agent-refused-my-written-offer/#post-4541640 Wed, 22 Feb 2006 05:21:17 +0000 I made it clear both in writing and verbally to the agent that this was purely to start negotiations, and was not my final offer

Making that statement is a definite mistake, live and learn.

In fact IMHO giving any commentary on whether this is a first/middle/final offer is a mistake.

Simply state your offer clearly with any offer conditions and…[Read more]

]]> 23d714247144d154866f0ac29d1b2366 shake-the-disease replied to the topic property investing jargon in the forum General Property https://www.propertyinvesting.com/topic/4384354-property-investing-jargon/#post-4541381 Tue, 21 Feb 2006 07:17:54 +0000 CG = capital growth
NG = negatively geared (investment property)
PG = positively geared (investment property)
CF+ = cash flow positive (investment property)
OPM = other peoples money
CGT = capital gains tax

FWIW = for what its worth

]]> c97d9ae5eee73d553b8b73886fb563b8 shake-the-disease replied to the topic First Investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4384400-first-investment-4/#post-4541577 Tue, 21 Feb 2006 05:47:46 +0000 Some comments:

Careful which entity you buy properties in, eg, companies are not entitled to the 50% CGT discount.

Mixing money and family has been known to cause problems, not always, but often enough. Setting up a proper structure will cost some $$$.

The beauty of property as an investment lies in the ability to leverage into it. Buying it…[Read more]

]]> 01e8646847c0d169c407f7a959f78e0e shake-the-disease replied to the topic Melbourne - Eastlink & its impact on IPs in the forum Help Needed! https://www.propertyinvesting.com/topic/4384397-melbourne-eastlink-its-impact-on-ips/#post-4541534 Tue, 21 Feb 2006 05:20:38 +0000 Originally posted by sverma:
Does the buy property on big block, rent out the current property, hold for a few years, subdivide & sell formula still work?

I forgot to answer this.

My answer is YES!! Or at least I hope so, I’m just about to settle on just such a property. [biggrin]

]]> eb2c7c4508ce77741de04bc6f18827d6 shake-the-disease replied to the topic Melbourne - Eastlink & its impact on IPs in the forum Help Needed! https://www.propertyinvesting.com/topic/4384397-melbourne-eastlink-its-impact-on-ips/#post-4541533 Tue, 21 Feb 2006 05:17:29 +0000 Eastlink will have a positive impact, but IMHO just one factor is not enough to drive growth by itself.

The Geelong road upgrade is a good example. This upgrade + the Melbourne boom rippling out + the Geelong waterfront upgrade all were factors in the growth. Of those the most important IMHO was the Melbourne growth.

Given where we are in the…[Read more]

]]> 376f634b4623889a37bdbaa8a1261146 shake-the-disease replied to the topic Just starting in the forum Help Needed! https://www.propertyinvesting.com/topic/4384387-just-starting-7/#post-4541498 Tue, 21 Feb 2006 05:02:50 +0000 Originally posted by bobbackoz:
The units are specialised retirement units with 100% occupany rate and at least 8 people on a waiting list to get in. Good location waiting for the financials to come in. Anyone recommend finance broker.

OK, all my negative comment stand then. For the reasons stated I wouldn’t touch it with a 10 foot pole.…[Read more]

]]> 1289bfdcb01811f30d934accf7b37a2d shake-the-disease replied to the topic Just starting in the forum Help Needed! https://www.propertyinvesting.com/topic/4384387-just-starting-7/#post-4541496 Tue, 21 Feb 2006 00:19:40 +0000 What are the management & body corp fees. I’m guessing $$$$++.

The LVR lend on specialised units is often not good (especially if not fully contained and/or <50sqm). Hard to buy, hard to refinance, hard to sell.

The CG is likely to be very small.

Sorry to be a wet blanket on this. It all depends on whether it is a special purpose unit, if not…[Read more]

]]> 130bd010f9b23d4e77b657ffbd67c9e3 shake-the-disease replied to the topic Guru's flock leaving the fold in the forum General Property https://www.propertyinvesting.com/topic/4384263-gurus-flock-leaving-the-fold/#post-4540986 Thu, 16 Feb 2006 23:53:51 +0000 snip

]]> 2234fe5c405db8326d4290fd47a5828d shake-the-disease replied to the topic Commercial vs. Residential in the forum Help Needed! https://www.propertyinvesting.com/topic/4384233-commercial-vs-residential-3/#post-4540863 Fri, 10 Feb 2006 01:01:34 +0000 Originally posted by mapleleaf:
So we have decided to maximize the money we have to buy several residential poroperties as a start and then to move onto commercial when we are more established.
That’s a great approach. Build a wealth base in residential, then branch out into commercial or investing in a business.

]]> 5c98a324bba78a20823c03b94a43c0fb shake-the-disease replied to the topic Commercial vs. Residential in the forum Help Needed! https://www.propertyinvesting.com/topic/4384233-commercial-vs-residential-3/#post-4540859 Thu, 09 Feb 2006 06:00:51 +0000 Originally posted by Sweet:
Hi guys,

In terms of investment property, which is better for a beginner, residential or commercial property?

Residential

On realestate.com.au it is easier to find commerical properties that provide higher returns than say most residential properties, why is this?

Higher return = higher risk.

Also, as commercial…[Read more]

]]> 5ca73cad30329544d0a7dda9836dc87e shake-the-disease replied to the topic Melbourne median property values up 5%? in the forum No Subject https://www.propertyinvesting.com/topic/4384156-melbourne-median-property-values-up-5/page/2/#post-4540509 Thu, 09 Feb 2006 02:24:04 +0000 Ms Wakelin suggested Surrey Hills’ comparative lack of diversity, and resales of new developments in Williamstown could explain the data.

I have to disagree with Ms Wakelin. The reason for Surrey Hills having a lower December 05 median than in December 03 is that the 03 figure was a massive aberation (it went from ~540k in Oct ’03, to ~680k in…[Read more]

]]> ccd266607a66cdf9f1c8119b01c2ee5a shake-the-disease replied to the topic No cheque at an Auction in the forum Help Needed! https://www.propertyinvesting.com/topic/4384200-no-cheque-at-an-auction/#post-4540768 Thu, 09 Feb 2006 02:11:52 +0000 Why not get a LOC in place now so that you do have fund available by the time of the auction?

]]> bbac1bde73a2cebcd48520250892ffb5 shake-the-disease replied to the topic No cheque at an Auction in the forum Help Needed! https://www.propertyinvesting.com/topic/4384200-no-cheque-at-an-auction/#post-4540763 Wed, 08 Feb 2006 04:45:40 +0000 The answer is that you do not need a bank cheque, all you need is a personal cheque. Just make sure beforehand that you LOC is set up.

Bid away at the auction, and if you win write out a personal cheque. When you get home, transfer the funds (eg phone or internet banking) from your LOC to your cheque account.

Easy as that.

]]> 163ad82ba8fb562b1ccf0e94b02cd3f9 shake-the-disease replied to the topic Negative Gearing in the forum Help Needed! https://www.propertyinvesting.com/topic/4384100-negative-gearing-7/#post-4540200 Wed, 01 Feb 2006 00:31:09 +0000 The answer is he get back whatever he paid (not sure about the medicare levy though).

Your example is not realistic though
1) noone earning 100k is paying 50k tax
2) a 100k shortfall is massive, not affordable for someone on 100k/yr unless their partner is also earning big bucks.

]]> 3b2828ae3d1194722f80a93f50bbbede shake-the-disease replied to the topic Family Matters - help please :-) in the forum No Subject https://www.propertyinvesting.com/topic/4384080-family-matters-help-please/#post-4540109 Mon, 30 Jan 2006 23:53:24 +0000 I would try and contact the beneficiaries and explain the situation.

Perhaps see if you can negotiate some rent free period, or reduced rent period, in return for not pursuing a claim over the property through the courts. I would discuss this though with a solicitor first to see how realistic your chances are in the courts.

]]> 935dc338e5180324838703eb537c1228 shake-the-disease replied to the topic Marina Berths: A worthy investment? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384065-marina-berths-a-worthy-investment/#post-4540040 Mon, 30 Jan 2006 01:40:57 +0000 For an investment I find it helpful to evaluate against 3 key crtieria. For me an investment needs to forfill all 3 to even be considered.

Capital appreciation: does it have a history of increases, is supply limited, is demand sustainable

Income: how much, how reliable, how much gets eaten by running costs

Collateral: Will banks lend against…[Read more]

]]> 39d2fac33dce1756471c9156b3870547 shake-the-disease replied to the topic Landlord Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4384036-landlord-insurance-10/#post-4539915 Fri, 27 Jan 2006 07:26:02 +0000 I would think the policy has to in the name that appears on the title. The insurance company can confirm though, just give them a call.

]]> 37a9c96dbb8291c750c5b577183ea4be shake-the-disease replied to the topic Buying into Estates? in the forum Help Needed! https://www.propertyinvesting.com/topic/4383910-buying-into-estates/#post-4539275 Fri, 27 Jan 2006 07:23:49 +0000 Originally posted by clones:
Originally posted by shake-the-disease:
210m2 says it all. Why buy a such a property when you can get another one for the same price with 700m2. Remember, land appreciates, buildings depreciate.

Neighbours will be very close and there will be a tiny backyard. Who is going to demand this sort of property in an outer…[Read more]

]]> 02ee0deeafdf0b2d37f7a7c28346c5f7 shake-the-disease replied to the topic Landlord Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4384036-landlord-insurance-10/#post-4539913 Fri, 27 Jan 2006 06:34:57 +0000 Take out the insurance.

A trust structure is one defensive barrier, don’t think any barrier is fool-proof. Insurance is a cheap and effective additional barrier between you and someone sueing you, and as pointed out, it will protect assets within the trust as well.

]]> 97515ac948b1bd0b772ae1be550b8524 shake-the-disease replied to the topic $160K with $240/w rent - should I buy??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384024-160k-with-240w-rent-should-i-buy/#post-4539862 Fri, 27 Jan 2006 06:27:59 +0000 Pros:
– low entry price
– good gross yield

Cons:
– Banks don’t like them, especially under 50sqm. Because of this your LVR is going to be lower (60 to 70%??), negating the low entry price pro.
– High risk of poor capital growth
– Low scarcity factor

]]> 1fb6c062d65af845bde040e5eca836e0 shake-the-disease replied to the topic 9-10% return in Australia in the forum No Subject https://www.propertyinvesting.com/topic/4384032-9-10-return-in-australia/#post-4539891 Fri, 27 Jan 2006 06:03:00 +0000 Telstra shares and some listed property trusts will give you those returns. You can also gear them at about 70%.

IMHO the above options would be far far safer than trying to get that return out of direct residential Australian property, which at this stage of the cycle, is going to entail you taking a big big risk on future capital growth. FWIW,…[Read more]

]]> f3976d363450f20cc5b8edb056433e8e shake-the-disease replied to the topic Buying into Estates? in the forum Help Needed! https://www.propertyinvesting.com/topic/4383910-buying-into-estates/#post-4539273 Fri, 27 Jan 2006 05:54:45 +0000 210m2 says it all. Why buy a such a property when you can get another one for the same price with 700m2. Remember, land appreciates, buildings depreciate.

Neighbours will be very close and there will be a tiny backyard. Who is going to demand this sort of property in an outer suburb, especially in 10 years time after the house is not so new anymore?

]]> eb88cb712665b0ac5fb3beafefd454b0 shake-the-disease replied to the topic Negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4384000-negative-gearing-6/#post-4539778 Fri, 27 Jan 2006 05:00:51 +0000 Which property would you rather own?
Property A: $85 pw out of pocket, but increases in value by 8% pa.
Property B: $30 pw cash flow positive, but increases in value by 3% pa.

Just focusing on holding costs for an investment misses the bigger picture.

]]> ca9422c9b2402de44472d48f5ddf8a7a shake-the-disease replied to the topic To Look B4 U Buy??? in the forum General Property https://www.propertyinvesting.com/topic/4384034-to-look-b4-u-buy/#post-4539893 Fri, 27 Jan 2006 04:51:15 +0000 I would (and have) only bought a property sight unseen if buying through a trusted buyers advocate.

]]> 4186b50718928bf2aca287ac6bca5434 shake-the-disease replied to the topic What direction would you take in my situation? in the forum General Property https://www.propertyinvesting.com/topic/4384017-what-direction-would-you-take-in-my-situation/#post-4539848 Fri, 27 Jan 2006 04:48:27 +0000 I “locked in a profit” when I sold a unit in Sydney 9 years ago. Today it would be worth 250k more than what I sold it for.

I would either
1) sell, upgrade to a nicer PPOR in Sydney and then buy an IP if possible. This keeps non-deducable debt low(er) than keeping the unit.
2) rent out unit, rent a place in Brissy for a year (dont buy) and see…[Read more]

]]> 27f2150d019122ad7377489727623a0d shake-the-disease replied to the topic Depreciation & Negative Gearing in the forum General Property https://www.propertyinvesting.com/topic/4384028-depreciation-negative-gearing/#post-4539881 Fri, 27 Jan 2006 04:36:04 +0000 It means you have a “cash flow positive” investment. Postively geared is if it makes a profit before depreciation. Either way a great result.

]]> 36a3bb6100dc39c8861ea0ccb62c0bfa shake-the-disease replied to the topic dipping our toes in in the forum General Property https://www.propertyinvesting.com/topic/4383294-dipping-our-toes-in/#post-4535888 Wed, 23 Nov 2005 05:05:28 +0000 Here’s some things to think about
1) First, you’ve chosen great areas in Melbourne
2) You are paying the rental guarantee, it is built into the purchase price.
3) You make it sound like being on a main road is a positive, it isn’t, it a negative.
4) Off the plan (OTP) has numerous problems, most importantly the problem of likely low land content…[Read more]

]]> 0b94602667e9b3bbafd6bb31c533193a shake-the-disease replied to the topic Student accommodation in the forum No Subject https://www.propertyinvesting.com/topic/4383302-student-accommodation-2/#post-4535948 Wed, 23 Nov 2005 01:58:56 +0000 I have a 6 room share house. Insurance is difficult but I successfully got landlord insurance with CGU. I even got malicious damage included, although the excess for it is $1000.

]]> f84d3f7289c559b114c17c662e2cbcb7 shake-the-disease replied to the topic Uni student accom in the forum Help Needed! https://www.propertyinvesting.com/topic/4383293-uni-student-accom/#post-4535882 Wed, 23 Nov 2005 01:52:29 +0000 On utilities, Simon is right; electricity, gas and water is paid by the landlord. In fact competition in the area I have student accommodation has meant I pay internet connection charges as well.

As for rules, well rules vary state to state.

In Victoria the rules are
– 1 to 5 people on individual leases: no requirements
– 6 or more people on…[Read more]

]]> 5972b551422069d8107f5f407390c910 shake-the-disease replied to the topic Guarantor - will it tie me too much? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382123-guarantor-will-it-tie-me-too-much/#post-4528875 Fri, 09 Sep 2005 10:24:27 +0000 Going guarantor is not a trivial matter. As others have said ….

DO NOT DO IT

]]>