Forum Replies Created
I am learning from people's opinion…
I always keen to know the reason behind….residential rate or commercial rate?
what is the interest rate?
just curiousTerry,
Most people will look at short term investments (i.e. being lured by GROSS return).
I have seen lots of asian/chinese flocked into this kind of investment as being promoted
high yield, city location, student accomodation etc etc etcwhich lender did u end up with?
at what LVR?Congrats…
You need to be aware that when they sell the property, their 1st annual return (i.e. through the depreciation etc) looks good.
But capital growth and future return are based on 'projection'.any news from your due dilligence?
Interesting to follow itIf you are afraid of 1. unscrupulous tenants and 2. empty houses
then
1. get a good property manager… I have one that inspect the house every 3 months taking all pics. Good property manager tends to select appropriate tenants
2. Get landlord insurance
3. Geographic location of the property (i.e. if you buy in conamble, NSW (cheapest property in NSW) then the chance to get trash is huge)
4. Type of property
5. Competitive rent
etc etc etcIt is good if u r a passive investor who doesn't want to be involved in day-to-day management of your IP
Personally, I would like to avoid itDepends on the size
ranging from 115k to 180k
not much capital growth thoughBroker of the Year?
what do u mean cannot be? sarcasm???
Plenty of reviews on Unilodge apartments in this forum… welcome to search it
good tool to bargain with the RE agent.. as they are always lying to you on how long the property has been on market
Your house has been value by who??
banks or real estate agent?can you use the bank lenders through the commercial loan to finance the purchase with 40% deposit?
yes.. thank you so much
cheersI always stand on my offer….
If they started to come down the price.. could indicate that they are desperateStick to your intial offer
what kind of organisation did you involve?
anyone using this product at the moment??
thinking about using it for the next IPany advice?