Good reading. I was thinking of buying student accom. I'm a student now, so I could possibly even apply for FHOG for a student only accom unit, and then turn it into IP in three or so years (don't know if this would fly with the gov anyway). Seems like not such a good way to go. Back to the drawing board.
If you do buy one – get one 3-5 years old and offer 50k under market value.
If making an offer like this, whats the best way to do it? How can you validate it?
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