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  • Profile photo of jordanmatthewjordanmatthew
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    @jordanmatthew
    Join Date: 2010
    Post Count: 1

    Hi, We bought our 1st  sight unseen IP in regional Victoria  while being mentored by Destiny .  Did all due diligence, had pest & building inspections done , read reports thoroughly – building inspector reported no significant problems.  Soon after completion air conditioning installer noticed missing beams in roof structure and refused to send his workmen into roofspace due to danger of roof collapse – our solicitor contacted building inspector  – no reply , our options of chasing him for reimbursement were so expensive, we elected to have  another building inspection done which confirmed a  major problem needing urgent repair  which we then paid for so we could then tenant the property.   Had we known extent of repairs needed would not have proceeded with purchase at all. Frustrating thing was the initial building inspector was recommended by another investor , and he continues to work in the area.

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