tjl replied to the topic Advice on buying a block of units? in the forum General Property 10 years, 1 month ago
Thank you for the responses so far.
The primary intent is to buy and hold, to have a good positive cash-flow for the long-term.
Leaving as is will achieve reasonable returns. There is the potential to strata, which could lead to the opportunity of unselling some of the units to pay off the remainder and therefore maximise the long-term…[Read more]tjl started the topic Advice on buying a block of units? in the forum General Property 10 years, 1 month ago
Hi all, I am investigating purchasing a block of units in regional NSW.
The block is on 1 title and has 8 units in total.
I am seeking advice on:
1. what is involved to turn into a strata title per unit and/or determining if best to leave as is
2. any tips / pointers on determining to purchaseAny help is appreciated please, I acknowledge this is…[Read more]
tjl became a registered member 10 years, 2 months ago