LK TAN replied to the topic How Do You Manage Your Investment Property? in the forum Help Needed! 13 years, 1 month ago
May I share? I own a number of properties. I have found it completely trouble free.I use Managing Agents. They pay all the bills for me. They provide an annual summary I give to the accountant.They pay rates. Insurance etc.I only have to work out the interest expenses each year, easily obtained from the loan statements.(i used to write them down…[Read more]
LK TAN replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum I think it is always a good 15 years, 6 months ago
I think it is always a good time to buy the "right " property. People want to wait for the market to "reach the bottom" but history teaches us that by the time statistics catch up, we have already passed the bottom and missed it! More people buy in a rapidly rising market (for fear of missing out) than in a falling or stable market! Crazy eh?Why…[Read more]