i reckon an air conditioner or cieling fans for those hot airless summer nights would add massive value to your home and would be greatly appreciated by any prospective tenant….
it wasn’t just Steve working all by himself. Remember Dave? he stayed and worked in their accounting business while Steve went out and looked for deals, they were like a partnership.
i don’t think there are any suburbs that this strategy is guarenteed to work in, but my recomendation would be to try and find a suburb where the people dont like getting there hands dirty……
in the residential tenancy act, the information it gives about locks, windows etc, is that they have to be REASONABLY SECURE. this pretty much means that if the door cannot be opened with reasonable force then it is secure.
its pretty dodgy i reckon but that just the way it is.
i think after about 3 weeks of talking to my dad about +ve gearing at the dinner table, i think i am starting to get through to the old guy…..
he’s starting to read 0-130 and he is finding it really interesting. he is just a bit worried about getting a property outside the Northern Beaches (sydney) where we live.
i was just wondering still-in-school, where did you invest? not that i want to be fed all the information on a silver platter, but that sounds amazing!!![]
could you maybe give us some figures to show us how you did it[?]
although i agree with most of what still-in-school
is saying, such as negotiating the purchase price, dont count on the interest rates staying at 6 or 7%. while this might happen, its not good to leave anything up to chance.
the average interst rate for the past 30 years is around 10%.
have you read 0-130 yet? there is an extra…[Read more]