It is worthwhile to have a ‘safety net’ in my case it is a line of credit that can be drawn on used in these situations. I would think that usually it would be for a short time, i.e. how many of the properties out of the portfolio will not be rented for a year. Therefore you just need something to bridge the gap if required.

As all the properties…[Read more]

quote:
YEah thanks for that madeinoz. I have heard the saem thing from the Withers Headmaster. I am applying for a job at that school and his enrolments have dropped from 450-310 students because homeswest has moved out.

Oh well, I think we shall just have to wait out the 130 days till we get home… Can’t wait.
Cheers again.
Steph…

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Thanks for that.

Is it normal to ask for a valuation? I know the banks usually do it as part of the finance process.

Stephen…

Until 4 days ago I thought I had missed the boat and it was impossible to find…until I looked wider and after a days worth of driving I now have three properties all +ve geared under 50K.

The driving is a real pain (hence my question posted seperately on buying and managing remotely on the forum) I have located two properties showing about 20%…[Read more]

Thanks for that everyone. It has given me some food for thought.

I’m live down in bunbury currently.

Withers and (s)Carey park are the most likely to get a +ve geared property, however they are few and far between. We have been on the lookout for some time ourselves, and have a couple of agents on the lookout for us. They do get snapped up pretty quick. I think you have to be there at teh right time

Wither…[Read more]

What are your thoughts about investing through a company that is owned by the trust?

We already have that structure set up with our business. i.e. family trust owns shares in pty/ltd company, and this company owns/operates a number of businesses e.g. company xyz Trading as bunsiness xyz

Is it better investing through the trust or the company?…[Read more]

I haven’t given up, and still looking hard. it is frustrating with such low rents around

what are these GEHA lease?

Surely you could have written into the lease agreement that rent increases with inflation, so at least your rent maintains value.