Hi Ronulas,
Due dilligence, some small towns we have looked at are good rental towns. That is they support workers from nearby factories ie/ Strathmerton has Yoplait. This little town supports a good number of rentals, I don’t know what the population is but the rental vacancy is low.
There are a number of Victorian towns that have good factories…[Read more]

Thanks Ken,
I’ll use 10%

Mary & Greg Bridges
It’s better to give a little than to never give at all.

Hi Silverfox,
Depending on the area, soil type, neighbourhood and general land size / building types.
If you have a clay soil, especially now after a long dry, a brick and tile house may have some foundation movement causing walls to crack, I know some people have had to under-pin their foundations to help hold up the walls.
With a weatherboard on…[Read more]

Hi Smirkyy,

I agree with Stuart IP IP and another IP, We are in the process of selling our house. We are then going into the rental market, because there seems to be lots around our way at the moment sitting just waiting for someone to love them. We then plan to use our money to do just that. We plan to do minimum of 4 before we then go back…[Read more]

Hi Guys,
Thanks for your words.
This will be our first non PPOR reno, have done a few in the past.
wilandel – we found it on the internet, then made sure I had a reason to visit the area with my work. The camera is ready and loaded.
Sooshie – absolutely, after the reno we will revalue, refinance the IP to get our deposit back and find another…[Read more]

Hello to all, []
I am Greg, 39 [}], married to Mary [] for about 18 years, have three, Nick, 10, Pat, 8 and our little girl Katrina, 4, one dog. We currently live in Knoxfield, Vic. Have lived in Benalla, Hervey Bay and Boronia. Spent a lot of time and money travelling around. Used to own our own Air Cond business but sold it and now work Mon to…[Read more]