Houses have generally done better than units. But getting into a better area has some value too.
Yes, still have to do the work again. Also normal for PM to seek break lease charges from tenant which should partially or fully cover you. Each...
Yes we're back to servicing this area now that we have more north side resources
Outer northern suburbs achieve most of your criteria. But I'd drop one of them to make buying possible. It's like asking for a car that's fast...
Yep, is thanks
Good imo. Hear of so many people not being paid correct rates, overtime, super, etc etc and paints a bad picture for business owners.
Too far away imo
Does it specify 6 weeks coverage in the policy?
Rubbish clean up has never been a claimable item. Cleaning/ removal is best structured as part of the bond so can use insurance for rent arrears,...
Yes. 1) Once possession has been given, would you hand out keys to people other than professionals/ trades you've hired and are hence insured? How...
What I meant was the buffer added has actually increased because of ongoing rises
Yea buying local with something they're familiar with can certainly make the process either. All the reasons you gave are wrong though
So the gist of what you're saying is you can't do your own repairs? But 95% of people wouldnt do that anyway. Even my local PM clients arent...
They all work in cycles, property is a long term game. A savvy investor will get into each city at the right point of the cycle, but even the...
No it isnt? We have properties across multiple states and havent noticed much difference in cost. SA has higher stamp duty, WA has higher...
I'd start with a surveyor. When I did my one i used Sawley Lock They discussed what options would be applicable and also gave me a quote for my...
Its a genuine risk. Would you give a 30 year loan to someone with 15 years left in work force?
70k for 400k sounds about right. Borrowing capacities have all reduced lately as banks are assessing with future interest rate rises calculated...
In other countries its very normal for both sides of the transaction to have representation. Not sure why this isnt the norm here. The industry...
IO likely reduces your borrowing capacity because its assessed over a different term. IO does help your cashflow though, simply because the...
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