Manage them yourself particularly if you already have good tenants in place, I have always managed my 3 IP's (bar a 6 month period) and sometimes its a pain but I feel the agents just aren't worth the money. I have had a few dodgy tenants – one became a speed addict and turned on his girlfriend regularly, the other quit his job to deal drugs and…[Read more]

Go for the newest one you can afford because when it becomes an IP you will get good depreciation at tax time and less maintenance issues. I think also 2 bathrooms in IP's is a must. If the villa's are strata'd that will need to be a consideration aswell although those fess will be a tax ded. eventaully aswell.I worked in Midland for 10 years and…[Read more]

I have three rentals properties (that I manage myself) and at various stages all have been periodical. Depends whether you are happy as a landlord to have the expired term lease rolling over monthly or not and ditto for the tenant. Two (fantastic) tenants both prefer to enter into new lease agreements at the expiration which is fine. One advantage…[Read more]