Hi jec,
You just have to ring the RE agents in the area to see who will give you the best deal. Also beware that there are 52 weeks in the year that means the RE/Property manager can only look after your property for 1 week in the year if they are looking after 52 properties. You do the sums.
This is what we did to find the most helpful property manager for our IP.
Hi All,
A good starting point will be a book by N. E. Renton “Family Trusts” I have been reading it and it explains a lot of the termonology in basic language.
Regards,
David
Hi Phill, Kate & others,
To take the type of trust one stage further, we have just set up a hybrid trust, by the accountant. But we are coming up against barriers, such as lenders don’t know if they can structure our loan where the loan is in our names (joint) & the property that is to be bought in the Family Trust name. The other problem is the bank account should be in whose name? the trust or joint names? Any help would be most valuable.
Thanks,
David
Hi MVL,
I totally agree with the previous responders. I have bought 1IP in April. We made lot of phone calls to various RE, and late nights trawling the internet for the right one. Councils can be helpful if you can get a patient person on the other side of the phone line.
For Qld you can look at a magazine called Queensland Property & lifstyle. It has all the median rental returns, vacancy rates for most areas in QLd.
DC[exhappy]
Hi
I’m going out there on the weekend of the 6th December, so if anyone wants me to look over anything I’ll give it a go.
Truska,
Thanks for your info & offer, can you have a look out for me for houses or uniits. Please e-mail me about what properties that they have there. My e-mail address is [email protected]
Thanks a million,
David