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Hi Sandrar,Shame you are having trouble – if you really want to keep both and still have time have you thought about or tried a different property manager … surely if the one you are with is not performing you are quite at liberty to find another. Also did you have landlords insurance? They cover vacancy periods too. Maybe someone else in WA can help more?
Re selling – it seems as though selling the unit would be the better short term option but maybe the worse long-term option. Do you have any spare equity you could apply to draw out first to cover costs short term before going down either of these routes?
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Mel
[email protected]Hi Melanie,
No unfortuneately I don’t have any other equity to draw off at the moment. I’m just managing to keep my head above water.
I had no idea Landslords Insurance covered vacancy periods. I actually cancelled after my previous tenant left.
Do you know whether they cover you straight away if I were to resign up?
You are right my property manager hasn’t been assisting me at all.
Will try for a new one!
Thank you for all your advice Melanie.
Sandrar
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