I’ve now booked the inspection for 9am monday morning and will have to make it up to my boss somehow![] He should be ok with it.
I never thought to check into the penalty amounts, I thought it would be much more than that!
I am pretty excited about my first one – didn’t quite get into reading about the +ve cashflow stuff until after I bought it, so it is negatively geared. I don’t think I did too bad though it will only cost $25pw to hang onto and I bought it for about $25K-$45K less than two other houses almost exactly the same were listed for. They were a bit tidier though.
It’s been a while. I had a long settlement period (45 days). I see you point about delaying settlement, but don’t want to risk any penalties.
BTW I should clarify that when I asked “who could I get to do this on my behalf” I meant to ask whether other people have had a property manager or other professional do this for them – when they are buying remote properties etc.