Thanks Lucifer and Ibuycashflow.I appreciate the advice. I did manage to speak to the current tennant he pretty much said he wouldn’t be renewing the lease. So forget it, its too much of a risk. I’m not confident enough that I will be able to re- lease it in 12months. I’ll have to keep hunting for something with a more solid lease.

I’m still…[Read more]

Hi Yack
I take your point and read the forum you directed me to. Yes it put the fear of God in me!, it worked. But is that being too conservative?? The place I was considering was a commercial property and to be honest the kind of return it offered far exceeded the sort of return a Sydney commercial property would offer. When you read about…[Read more]