thats great news Jess. I know am certainly going to sleep better tonight.  Says he who writing on forums at 1am.. Honestly though, good decision, its not worth the hassle.

http://www.theaustralian.com.au/business/news/recovery-too-fast-says-man-who-predicted-the-gfc/story-e6frg90o-1225783110632Recovery too fast, says man who predicted the GFC  From: The Australian October 06, 2009 12:00AM NEW York University Professor Nouriel Roubini, who accurately predicted the financial crisis, said stock and commodity markets…[Read more]

I wish you the best with this one, its a real tough one to answer without knowing the house or area. My only advice is to have amount allocated to contingency. Depending on the nature of the project, usually between 5% and 25% of the total budget. If you are renovating a relatively modern home for profit and it’s just been neglected, then you can…[Read more]

I totally agree with what Terryw said. Just double check the contract. It  should state when the tenants lease expires.

Firstly Jess,  Congratulations on your 1st investment property.Please understand that I mean no offense to your tenants as they may be just the perfect tenants. Let me say this though. All tenants are the best when you 1st get to know them. When things go wrong, no matter how small, this is when things can get sticky. you will be bombarded with s…[Read more]