My recollection of the 5% figure was a ball park estimate. I would say that it all depends on the condition of the property and the quality of the tenant.
I’ll check my notes tonight and let you know if I read anything different.
I think we met recently at Steve’s weekend seminar. How is the action plan going?
Unfortunately I can’t answer your question re the calculator but will be meeting with my mortgage broker later this week. He is a resourceful fellow so I’ll check it out with him and let you know if he has any suggestions
As a newbie to the forum, your suggestion Beck sounds like an excellent idea. I’m sure I’d definantly benefit from this new approach when trying to track down information/threads.
Thanks for the insight. Our team did have a plan, but as with lots of other people we got caught up in the frenzy and I think the plans flew out the window. I was a bit frustrated by the process on the day but once I had time to reflect on it on the Monday I realised that the whole senario was what one has to deal with out in the real…[Read more]
Hi Wilandel
I’m not sure where you are writing from but I use a mortgage broker in Canberra by the name of Stuart Green he runs Greenlight Mortgage. Phone number is 6259 0204 email: greenlightmortgage@bigpond.com.au
He is a great guy I stumbled across him about 5 years again. I trust him without reservation and deliberatly use him as a broker as…[Read more]