thanks for the info scott!!

the positive side is everyone want this matter to be resolve ASAP. and no one like the idea of spending money too much on special levy.
all we want is spend enough budget to end the problem.

when it's fixed i hope the value of the property increase and i can make profit.
^__^

thanks for responding my thread, scott…[Read more]

Hi Catalyst,

there is common place, eg. driveway, garage, small lanes between buildings.
what i thought with common place is we can split the strata fee based on garage size.
but i don't know if it's acceptable in the practice.

Hi Scott,

So there's possibility for me to challenge the committee to make it 2 schemes for the strata?
With the current problem, do you think I still can raise this in the meeting and ask them to split it?

It's managed by one strata agent, which I assume all under one strata.

d

it's under one strata.
if it's the other way round I don't mind paying more as it's different building.

thanks for the information!
if that's the common practice then I don't mind.

@shape
now i get it….

@angel
thx,, i keep ur number….

@shape
i’m newbie need advise
so before you bought on your chippendale unit, do you check with council and strata first? or you bought it then check it later?

what’s the most chance for approval of changing a studio becoming1 bedroom apartment?
is it worthed?

thanks… : )

lordopg wrote:

dc99 wrote:
Hi Angel, I did some research for rental market in Sydney and mostly the rental return is around 5%pa. Let say Sydney CBD, 1bedroom apartment can cost me $530,000 and with rental income is around $520/week ($520x52week=$27,040.00~around 5%pa from investment) Is there any area with rental income 7-10% pa? Do you…[Read more]

angelinsydney wrote:
Hi Larry,Indeed, Larry, you would be paying interest on the additional loan of $36K.  So hopefully, you would be wise and purchase your next property with a minimum 8% net return.  Let's work on the above scenario you supplied:  You now have $36K as a deposit for your next house.  For the sake of the exercise let's pre…[Read more]