Originally posted by yack:
Callum
Would you buy again through them or do it yourself? Are you from Qld or another state? I dont like new townhouses and I reckon the depreciation allowances are built into the price of the property anyway. I also dont like buying in Qld when I am in Melb. They still get commission so its still in their vested…[Read more]
Acreages south west of Sydney are not yet as expensive it seems as acreages north of Sydney.
Friends at Menangle Park recently sold 2 acres for $1.4M. Developer hoping for future change in zoning from rural to residential which has been rumoured for some time.
Acreages around Camden, Campbelltown (Kentlyn), Picton,
Bargo etc are selling for…[Read more]
I have recently put my IP with Robert R Andrew (Queen St Campbelltown). I have had no problems to date. One thing that made me decide to go with them is that the Rentals and Sales are managed personally by the owners and therefore have a personal interest in the business.
I have recently put my IP with Robert R Andrew (Queen St Campbelltown). I have had no problems to date. One thing that made me decide to go with them is that the Rentals and Sales are managed personally by the owners and therefore have a personal interest in the business.
That’s what we’re worried about – financial freedom sounds great but at what cost if you have hundreds of properties to look after or keep your eye on.
Fair enough a PM could take some of the work load but you would have to seriously “keep you eye om” the PM too. We all make mistakes.
There must be a simple answer to this dilemma though.…[Read more]
quote:
Hi All, more info – its a duplex with current tenants in place for another 12 months, 2 years old, asking 185,000 with a net rental return of 246.00 pw. The agent states (and I know its true) that recent info in the area says to expect a 10% growth over the next 12 months, I am expecting a phone call back re the property after 4 pm today.…
I am also very interested in how to manage multiple investment properties successfully with the minimum of effort. Any advice and hints out there? Managing 130 sounds like a full time job in itself!
We have 8 IP’s and our PPOR and we do spend a lot of time and energy “keeping track” of this small portfolio of properties.