IT's OURS

Well it's official; property #1 is signed sealed and delivered! I thought it would be more exciting.... it was more exciting signing the contract; the settlement just felt...hmm i don't know like closure.

So following this i am in the process of choosing a Quantity Surveyor to compile my property depreciation schedule; drew up my own rental contracts as i am managing this property myself (would not normally do this; however we're in the same town and it's the owners renting it back; so figured it would be pointless paying a Property Manager 10% for something I can do myself). I am also on the hunt for an accountant specialising in property; will be organising a meeting with Chan Naylor firm whilst i'm in Perth; they look exceptionally professional; i'm just wanting to get my foundation set firmly so that as we build our portfolio i'm not setting it up to tumble down!

Finding good advise and assistance can be a task; I don't mind spending the money if it will save me money or make me money; but i do find it frustrating trying to narrow down the value for money legitimate businesses from the dodgey brothers.

I also have my sub-divsion quotes in from the surveyors..... so will be contracting someone to do that in the New Year (when everyone goes back to work!) i tell ya; can't wait to be one of those people that take the 2 weeks off between christmas and new years!

On a final note; i just bought a program called POSH it's a program for managing properties; i really like it's simplicity and functionality. If you click on the link it will take you to a page where you can download a demo.