dragonblade replied to the topic Rooming houses in the forum Help Needed! 19 years, 9 months ago
Have just found a web site for Property owners association of NSW and they have a heading under boarding houses. As I own one myself will in the next week or so endeavour to find out more but you can check out the site at http://www.poa-nsw.com.au
Pete
dragonblade replied to the topic PPOR re-zoned 2(2) Development potential??? in the forum Help Needed! 19 years, 9 months ago
Out of curiosity is that the Lake Macquarie area that you are looking at?
Pete
dragonblade replied to the topic Rooming houses in the forum Help Needed! 19 years, 9 months ago
I put this answer on your question under Getting Creative heading but just in case posting here as well.
I have a 13 bedroom in house that I run as a student house where rooms are let individually. The biggest killer is the cost of insurance. Due to fires in hostels over the last couple of years insurance for this type of property has gone…[Read more]
dragonblade replied to the topic Rooming houses in the forum Creative Investing 19 years, 9 months ago
I have a 13 bedroom in house that I run as a student house where rooms are let individually. The biggest killer is the cost of insurance. Due to fires in hostels over the last couple of years insurance for this type of property has gone through the roof. For my place $560,000 building/contents and 5 million public liability costs almost $10,000…[Read more]