Remember to always allocate some money to miscellaneous expenses as more often or not something unforeseen arises. It may be unexpected maintenance, tenants absconding and not paying rent, moving and cleaning expenses etc.
There have been numerous studies some “proving” that there are no detrimental health effects caused by living close to power lines and others “proving” that their are (eg: http://www.radiationresearch.org/pdfs/breast_cancer.pdf). Both sides argue their cases strongly.
Personally I would not take even the slightest risk with my families health – There are plenty houses out there that are not close to powerlines so why take the chance?
We have also recently started a new property blog – http://www.propertypanel.co.nz – We have a panel of experts who contribute articles covering legal, finance, accounting, investment tips and more.
Great to see other property bloggers on here … Will check out your sites
