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  • Profile photo of Nathan HouareauNathan Houareau
    Participant
    @the-general
    Join Date: 2006
    Post Count: 107
    December 5, 2015 - 11:30 am

    Hello everyone

    When it comes to wraps who is supposed to pay for the council rates, the water rates and any wrap insurance?

    Kind Regards

    Nathan

    Nathan Houareau
    Email Me | Phone Me

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    December 5, 2015 - 3:45 pm

    Hi Nathan

    Will depend on the wording in the instalment contract but normally the investor will cover it and then either debit the loan account monthly / annually as specified.

    Cheers

    Yours in Finance
    0-40 properties in a decade. Ask me how.

    Richard Taylor | Australia's leading private lender

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