[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

September 20, 2011 - 11:27 am

I lived near a hospital once. Never any on street parking. Could be easy to rent if hospital is associated with a university.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

May 24, 2011 - 3:06 am

I use EBM.  I did my research and they are cheap and cover everything including accidental damage that a lot don't cover.  Like most others, I have never had to claim, so can't comment on the service that counts.

Simon.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

April 5, 2011 - 9:00 am

Thanks Michael,

We are refinancing for two reasons.  One, being better rates.  Second, ongoing disputes with the bank….

Simon.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

October 12, 2010 - 5:56 am

I currently use EBM for my properties.  Haven't looked at the docs for a while but I believe they are underwritten by QBE.  One of the main reasons I chose EBM was the 'accidental damage' which a lot of policies don't cover.  Sometimes the bond doesn't cover tenants 'accidents' which can't be classed as malicious.

Simon.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

July 2, 2010 - 7:48 am

Those 'Today tonight' stories annoy me.  I have never seen one where the owner is insured….  Landlords insurance is relatively cheap.  The company I use is very cheap and it even covers accidental damage by the tenants.  Most only cover malicious acts.

What about late fees written into leases?  May scare off potential tenants though……

Simon

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

July 2, 2010 - 7:28 am

Thanks for the info

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

June 24, 2010 - 5:13 am

I've used Washington Brown a few times.  Nice and quick, $550.

Simon.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

September 22, 2009 - 7:36 am

Thanks for all the suggestions.  I think I will ring the Department of Fair Trading tomorrow.  We can definitely ask for vacant possession, as the lease has expired.  I am concerned about the fact we have no intentions of living there ourselves so the current tenant may have some rights regarding us asking for vacant possession only to raise the rent.

Simon.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

September 21, 2009 - 7:41 am

Thanks Dru, however, I'm not sure if you can kick tenants out just to raise the rent. (please let me know if you can).
There is a high rental demand in the area and we would easily be able to get market rate within a week of advertising.

Simon

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

September 21, 2009 - 4:58 am

They are on an expired lease.  The agent has told me they have been good tenants, but it has obviously been a long time since the rent was raised.  There is nothing being done by the tenants to reduce the rent.

Thanks Maree.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

June 30, 2009 - 12:05 am

Thanks everyone for you comments.  I'll just have to sit it out a bit longer.

I will be speaking with the PM later today.  Originally it was the 'same property as everyone else' issue. but nearly all the properties have leased now so I don't think it is any longer a problem.

Simon.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

March 1, 2008 - 8:16 am

Thanks Trakka, I didn't realise that…..

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

February 23, 2008 - 2:33 am

Thanks for your input.

I can see your point regarding being behind the 8 ball for the next rent increase.  I guess I was focusing on our extra cashflow when I should have put a bit more preasure on the tenans now, so it won't be as big a push next increase.

I disagree with agents being all over complex legislation, however, I have never been stung………. I am in a luck situation where my wife works for a property solicitor, so if we hit any trouble, we have advice on tap.

Simon.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

July 16, 2007 - 9:46 am

Thanks Amanda

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

July 12, 2007 - 12:42 am

I have worked out the answer to 3 and 4 by doing some research.  But am still stuck on 1 and 2.

Simon.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

November 27, 2005 - 12:28 pm

Has anyone out there sold their property/ies privately?

There is obviously the big pro of saving 2-4%, but how was the experiance? Was it worth it?

Simon

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

November 14, 2005 - 2:16 am

I have been looking at Glendalough, tuart hill, morley, Dianella and surrounds. All around the $220 and below, 2×1’s.

Average yield I have found is around 4%.

But I am obviously looking at a completely different thing to Dazzling.

Simon

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

November 11, 2005 - 6:19 am

Dazzling,

What price range are you looking at and what % deposits are you putting down to get +CF in Perth.

I have been looking around for a while and I’m actually flying over next week to look at some properties. However, I’m hard up trying to find one that yields at 5%. I’ve been looking at various suburbs within 10 km of the CBD around the $220K mark and below.

Simon.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

November 9, 2005 - 8:26 am

Thanks CATA,

That clears it up for me.

[Simon_GMember@simon_gJoin Date: 2005Post Count: 56]

November 7, 2005 - 8:33 am

Thanks guys.

One more though…..

If the individual goes on the title, as coastymike has stated above referring an individual as a trustee, then how does the ATO or anyone else know if the property is in a trust or privately owned?