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Hey,
Thanks for the reply, I dont have insurance coverage for this.
Id love to discuss it more but as its in its infancy Id like to leave the details out of a public forum. Other than the claimant alleges negligence on my part and that of the RE manager, not much more can be said.
-Provide housing for the those in a 'lower demographic' and you will get these people – One of the lessons this claim has taught me so far.
Regards
MickHey
I wouldnt call myself experienced certainly not a pro. Maybe more of a part-time investor.
Initially I have purchased properties with strong rent returns in my home city, however now I am moving onto properties that are not in my locality, maybe 2 hours or so away or even sight-unseen.
I believe that as long as due diligence is conducted, you create a system that works and surround yourself with the appropriate professionals there is no problem with this.My strategy has previously been Buy & Hold(pretty much at market value) but now I want to refine into buying undervalued property/fixing up and Holding.
best of luck
Regards
Mick
WOW!
thankyou so much! that site is really helpful!
I just wonder how long it will take to gain some momentum.
I was speaking to an agent this week in a town outside of adelaide and queried the mining potential for the area. She said there was some but she had been waiting 20 years and still only talk of action,
but i think given obvious booms in other states and SA's potential – it may be soon. This may be a no -brainer.Im starting to get excited again about investment properties!
Regards
Micksorry also,
annual rates are much cheaper than what I have experienced previously…….. compared to QLD anyway(location of my IPs).thanks
