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  • Profile photo of BernardBernard
    Participant
    @bernard
    Join Date: 2004
    Post Count: 6
    March 11, 2004 - 4:03 pm

    Hi Celivia.
    Last year I purchased a pair of Duplexes in Perth that are approx 25/30 y-old.Shabby inside and also with cracks I had a structural reportdone for $500. The inspecter told me that if the cracks are running vertical or horizontally this is not as bad as if they ars running vertically.
    Hope this helps.

    Regards

    Bernard

    Profile photo of BernardBernard
    Participant
    @bernard
    Join Date: 2004
    Post Count: 6
    March 10, 2004 - 12:38 pm

    Smartmoney
    What Country/ State are you hoping to buy in. Do you want pos: or neg: geared props. With a bit more info I’m sure the right advise will come forward.

    Regards

    Bernard

    Profile photo of BernardBernard
    Participant
    @bernard
    Join Date: 2004
    Post Count: 6
    March 9, 2004 - 4:02 pm

    Rags2Riches

    Firstly, nice pics. At least you’ve kept you sense of humor. We had a tennant who did about $2k of damage. I had Landlords insurance, went to make a claim and was told if I read the fine print it says that if I had given the person permission to be in the property I was unable to make a claim. Good Luck

    Regards

    Bernard

    Profile photo of BernardBernard
    Participant
    @bernard
    Join Date: 2004
    Post Count: 6
    March 9, 2004 - 3:49 pm

    Hi Dom
    Mel has offered good points. I suggest if you still want to buy the IP would you not look at adding the cost of roof replacement to your mortgage. I prosume you are financing.Over the term of loan it could be a small price to pay in the big picture.

    Regards

    Bernard

Viewing 4 posts - 1 through 4 (of 4 total)