JPG632 replied to the topic UNITS INSTEAD OF HOUSES in the forum Creative Investing 19 years, 11 months ago
TO: Paul Dobson
Thankyou for explaining the distinction between houses and units as wrap possibilities.
TO: BIG ROB
Apologies for expressing your former name incorrectly.
JPG632 replied to the topic WARNING TO ALL PROPERTY INVESTORS!!!! in the forum General Property 19 years, 11 months ago
A tip for you my friend.
1.Always let property managers collect rent and handle tenant queries/problems.
2. Never allow a property manager find new tenants for you. Always advertise yourself, interview and sign lease with new tenants.
Put simply, a single unlet property in a property managers portfolio may result in a $10 per week loss of…[Read more]
JPG632 replied to the topic UNITS INSTEAD OF HOUSES in the forum Creative Investing 19 years, 11 months ago
Help me everyone, it seems only logical that units are far more attractive in terms of comparable rental yields for intending purchasers than houses, so therefore if capital gain linked to underlying land component is irrelevant why wrap anything other than units/flats?
JPG632 replied to the topic UNITS INSTEAD OF HOUSES in the forum Creative Investing 19 years, 11 months ago
Dear Mortgage Wizard,
Do you have both units and houses you are using for wraps?
JPG632 replied to the topic New to wrapping. in the forum Creative Investing 19 years, 11 months ago
Do you know why wraps should not be done using units instead of houses?