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  • Profile photo of mookhofskymookhofsky
    Member
    @mookhofsky
    Join Date: 2003
    Post Count: 2
    August 27, 2003 - 1:58 am

    Hi Peter, I am about to be in the same position that you are in and not exactly sure which way to go.However, in this strong (sellers market) I am leaning towards buying first with the aim Of getting a longer settlement period of between 3-6 months. Whether or mot a prospective vendor will entertain a longer settlement is something I will find out in due course.

    Profile photo of mookhofskymookhofsky
    Member
    @mookhofsky
    Join Date: 2003
    Post Count: 2
    August 6, 2003 - 7:14 am

    Yes, I was looking at a similiar type of investment the other day, and the returns looked great until it was revealed that out of $140 per week rent I wuold receive, I would have to pay $80 per week rental to the caravan site. Find out if that is the case with your prospective cabin and I would be curious to know if it is.
    regards

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