As well as having a management agreement in place when you hire a property manager, I think it's best to put your expectations in writing early...
Hi @ashaarrh , I put together a free report that you might find useful if you haven't already purchased. It's very relevant to your preferred...
Thanks for the heads up DaveM. It sounds like you have it all sorted now but just in case, I am more than happy to help out if you need someone to...
Hi @Brisbuyer A buyers agent can source and negotiate to buy property for you, in order to help you get a good,timely result and make money on...
@MelbInvester Have you owned this style of investment before? If not (and apart from this location), here are some reasons why you may think...
I think the first RBA interest rate rise will present some opportunities if the market continues to cool out there. I can imagine a lot of the...
@icic When doing your calcs, don't forget to factor in the crazy high property management fees over there (approx 10%).
Do they sell property as well as mentoring?
Exactly. Sometimes we just don’t get to choose when financial stress (perceived or not), is just thrust upon us. Just imagine if you had really...
Fingers crossed Jess, well done :)
People tend to overstate their inability to handle adversity (I wrote about this in an article recently). I think it's meant to be a form of...
Yes. My definition of positively geared would be where income exceeds all expenses on a 100% lend (most people use equity from an existing...
@Bwinny They listed for $2.85M in September, this is what they really wanted. Last month the auction guide was $2.6M. I don't think that worked...
I think we can all agree that the location of this property isn't the best. However, my original point was to highlight the apparent cooling of...
Hi there, Something to add to Scott's list, you could also consider becoming QPIA qualified through PIPA. You might want to get fully qualified...
Yes, it's a bit cheeky calling that attic space a fourth bedroom :eek:
And nearby suburbs too by the looks of it. A low ball PriceFinder val on this property came in at just over $2M. 1 Donnelly Road Naremburn NSW...
@Jaytom 988 Nothing stays new forever. And new doesn't always mean hassle free either (your building inspection will be critical). Yes, do your...
Good on you! At least you made a decision and followed through. Some people go their whole lives without doing what you've done. Too many people...
Sorry, I might not have framed my question correctly. I didn't mean that investor activity was the cause of the drop in interest only loan...
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