Concrete stumps are not immune to decay under extreme conditions.
Many elevated properties sit on some type of stump support whether it be timber , steel , masonry or concrete . Whist most people would consider concrete stumps to be maintenance free , this is far from the truth .
Recently one of our Building Inspe...
Read moreDue Diligence for Home Buyers
Literal meaning of Due diligence is doing a comprehensive appraisal of any buying task undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its potential.
It is utmost important to do your due diligenc...
Read moreWhat Does Jim Know About Building Inspections Anyway?
ACTUALLY, QUITE A BIT MORE THAN WE EVER REALISED!
We recently discovered that Jim Penman’s dad was a forensic engineer.
From an early age Jim’s father was investigating materials, structures and their components which failed o...
Read moreThe Pitfalls Of Property Investment
The pitfalls of property investment are many.
Andrew Heaton from Sourceable advances the argument that it’s important to get a quality survey. While a retail store is often happy to return a $10 item of clothing, it’s far more complex with rea...
Read moreBuilding? Here Are Mark Campbell's Lessons Learned
“My rationale for building new was threefold,” writes Mark Campbell, a working-class Aussie. “Firstly, it enabled me to have control over the end product and it made sense from an investment perspective because I could maximise depreciation and...
Read moreBuilding Inspectors Break Secrets
Building inspectors break secrets. It’s their job to do so and we wouldn’t have it any other way. They’re in one very real sense property detectives.
It’s fraudulent for a vendor to knowingly conceal defects according to the law. This incl...
Read moreThe Science Of Inspections
There’s a science to property inspections. Seriously. Because while your average inspector can and does spot problems, a trained inspector can find problems behind problems and other easy-to-miss issues.
What’s more, he or she is less likely t...
Read moreWhat is a Building Inspection?
A building inspection is designed to give you independent and objective advice about the physical state of a building, enabling you to make an informed decision, generally about whether or not to buy a building.
A building inspection is a snapshot...
Read moreWho Needs a Building Inspection?
Building Inspections are generally ordered in the process of buying or selling a home.
A building inspection may also be required if you discover that your home has developed a building defect over time or in response to an incident or accident.
...
Read moreThe Block's Depreciation Schedules And You
So, “investors could claim an average of over $2.2 million in depreciation deductions for each apartment on Channel 9’s 2016 season of The Block,” according to new analysis reported by The Urban Developer.
By far the biggest potential deprec...
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