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Thanks for your help. I am really happy with our tenants, they look after the property well, so will take your advice and leave the rent as is. The current rent well and truly covers all expenses, so no complaints here!!
Bedean
quote:
You are looking for a good accountant in Wollongong. I think the guys in Moneywise are excellent. Especially David McNeice. I have only used him once, and the other years have had to settle for one of his brilliant colleagues, as he has limited his client-base.HOw to contact?
Moneywise Accounting
82 Market St
Wollongong 2500
02 4226 1033PO Box 994
Wollongong NSW 2520Craig
Thankyou, thankyou, thankyou. I will be ringing the guys at moneywise first thing in the morning!!
Bedean
Hi there,
There are houses around in your price range if you look hard. We recently purchased a 3 b/r brick house at Tamworth {ex dept. of housing} for $69000. Spent a little on renos and it now returns a healthy rent of $150 a week.
Keep looking and dont give up.
BedeanHi there,
Thanks for your input. We have a little experience with rentals a reasonable distance from home. We live at Wollongong and have had a place at Port Macquarie for a couple of years. We did initial reno ourselves and have used local tradesman for any other repairs. No worries!! We also have a place at Tamworth we bought this year.Same deal on reno’s, but local tradesman not interested when they know you are from out of town.{hence we won’t buy there again}. Both towns are fairly large regional centres, so I dont know how they would compare to somewhere like Cobar. Might have to take a trip out there and have a look!
Cheers, Bedean
