Kardiya is an  area which you will always find plenty of tennants to rent your place related to being so close to Murdoch uni  If you are to purchase around that area the 3 bedroom is definately a better way to go as many uni students like extra bedrooms to squeeze more people in to make things cheaper with their low budgets. 

Was speaking to a ANZ BDM the other day and they said they now self insure and then have a blanket cover for any "major incidents"

At present it is impossible to predict what will happen to Wizzard, therefore IF i was to have a loan with them I would want it to be easy and cheap to change products any time down the track.  With such high exit fees any future owners could easily increase fees and rates knowing how expensive it was for people to switch.  In this market I w…[Read more]

The place I purchased of the plan about a year ago is also due for completion around christmas.  My contract was unconditional so I would assume similar for yourself as well.  You are able to sell it through a real estate agent prior to completion.  I would suggest contacting the original agent as they may of had additional interest in the pr…[Read more]

When ever you receive free advice there is always a risk of biase.  If you are are going to seek the services of a mortgage broker find one who has extensive expirience in IP's who has mostly repeat clientile.  If they are good at what they do they will want to do the best for you so that all future investments come through them.  Every re…[Read more]

I guess we all learn from things like this and in future if you are relying upon getting a tennant in close to settlement date it may be worth making it a condition of sale in the contract that the vendor allows the premise to be inspected prior to settlement given that 4 hours notice is given

Since you have kept the bond due to the tenants bailing instead of keeping part of it for maintainence then that may present a different sceneario.  If there were cleaning expenses or advertising fees to relet the property then that would be deducted from the bond but any remaining part of the bond would then cover lost rent which is income and…[Read more]