Am in Vic which is why I never considered it, having had a neighbor house his gran years ago he mentioned even doing that was a nightmare and she was elderly family.

AM interested to continue the granny flat investigation however I wonder how an agent would find two tenants to fill  the house and flat…or is that even something they would consider? How to split utility bills etc – could get messy but I am sure it is done and is not the end of the world.

Back to the original post – re the principle not…[Read more]

Tommytucker, I believe 'granny flat law' exists to ensure that a temporary dwelling is established only for an elderly/ in need of support family member.
I would love to be wrong on this. Where could I find out more info on the rules for granny flats in my area? Local council?

Also are there any special conditions that apply to the sale of a…[Read more]

To my knowledge you will have to be pretty creative in how you apply for the granny flat permit if it is not for your real granny.
If putting in tenants, you may need to consider shared services – power, water etc.

I believe the permits expire (i.e. when granny goes, so does the dwelling). But you probably know this.

With option 1 you need to…[Read more]

HI there, I am no expert but wanted to share an experience where I got caught out by not doing all of the due diligence.
Long story short I was told by a number of sources that a property that I purchased (900sqm) that it cocould fit in a unit at the rear. All made sense and I purchased the place. To my disappointment (i.e. stupidity) I only…[Read more]

Following this with interest as I have had a couple of meetings with PnP and feel that their returns and process seems too good to be true. Returns of $100k+ net after all expenses, it just doesn't make sense to me – yes I am skeptical about dropping $25k with such promises. The 3 hour sales pitch left more questions than answers.

Sash – very…[Read more]

HI Tim,

Well done and thanks for sharing. By the sounds of it, your strategy has been topping up your PPOR as your primary goal right? 

No doubt you have quite a bit of equity in this place. Why not get another property to increase your cash flow?
Best of luck mate.

Not to hijack your sale, but to accomodate to those also interested and miss your item, I too have an unused brand new pack which I would be happy to let go for the same price of $350. Send me a PM if interested or email adamzem AT gmail dot com