Recent content by rowanparker

  1. R

    Penrith/Cranebrook/Western Sydney

    I am though! Feel free to add me :D
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    How much do you factor for ongoing costs?

    Hi all, I was just wondering what percentage the non-finance (i.e. excluding interest) costs make up from your rent? On my current IP I have per annum: Rent: 21840 (420pw) less Agent fees: 1310.40 (6% of rent) Maintenance: 982.80 (budget 4.5% of purchase value 335k) Rates: 880...
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    Insurance and Strata with an Apartment

    Thanks for the prompt response guys! Much appreciated.
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    Insurance and Strata with an Apartment

    Hi all, I have a single IP which is an ex-DHA freestanding home. I pay $150 per quarter (which goes towards the communal playground) as well as for building and landlord insurance (single policy with NRMA). I'm looking at purchasing a second IP, which would be a unit or apartment in a...
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