Hi again,

Thanks for the valuable information. It’s been very helpful. To clarify on some of your responses, yes, I am looking at second-hand apartments (ones which have a ‘proven’ occupancy rate). Having said that, Steve’s on the money with the hidden costs. When inquiring about management/outgoings, not once (out of 6 attempts) could I get a straight answer on the figures.

To that end, I’ll still be keeping an eye out for other types of investment properties.

Thanks again from a forum newbie.

Cheers,

Damo