jlia replied to the topic Struggling to find a property manager in the forum Help Needed! 13 years, 11 months ago
Thanks, will try her. I did finally get a couple of call backs. But still, very surprised at how long I had to wait and how much I had to chase them up! Also quite surprised at the difference between management costs in SA versus NSW. It's actually cheaper in NSW!
jlia replied to the topic Can I get a 2nd property without enough equity? in the forum No, I was hoping to buy 14 years, 3 months ago
No, I was hoping to buy interstate actually. Not much happening in SA at the moment as far as I know.
jlia replied to the topic Can I get a 2nd property without enough equity? in the forum Help Needed! 14 years, 4 months ago
Thanks Dazz_996,I didn't attend the valuation as I had a tenant in there at the time, so that is a good tip. Yeah, I understand about LVR's. Do you think this 'cautiousness' by banks will improve at all soon?My broker did suggest to search for other comparable properties as the ones they had compared mine to where 10-15 years olders and with no…[Read more]
jlia replied to the topic Can I get a 2nd property without enough equity? in the forum Help Needed! 14 years, 5 months ago
I have considered asking family to help out but don't like my chances! They aren't into property at all and have little understanding of how it all works and would probably see it as too risky. I can see on my valuation that there haven't been many comparible properties sold recently so I think that's what didn't help. Of the few units sold in th…[Read more]
jlia replied to the topic Can I get a 2nd property without enough equity? in the forum Help Needed! 14 years, 5 months ago
I actually did do some renos to the unit! Painted throughout, new aircon, considerable upgrade to the bathroom, cosmetic changes to the kitchen and garden and some extra storage inside. Hence why I was a little disappointed at the valuation. I have been able to increase the rent considerably, thats why I felt the valuation was perhaps over…[Read more]
jlia replied to the topic Can I get a 2nd property without enough equity? in the forum Are there any ways to 14 years, 5 months ago
Are there any ways to improve the chances of a valuation coming in any better with another lender?