Search results

We have a few in Wagga and the general rule of thumb in the area is - if your buying a house cheap, say <200k, you will be buying in either Tolland, Mount Austin or Ashmont. - Tolland - stay away from the curved streets bounded by red hill road, glen field road Bourke street, and South of Bruce...

Hi BigS I started buying IP's during my apprenticeship on about 40k/year. With the help on an excellent mortgage broker (with whom I met on these very forums) we have built our portfolio to 6 over three years. Of course my pay has gone up to a tradesmans wage now (65k/year). But we also have a...

I have a few houses in the area. I usually use scientific pest management for the pest inspection. As far as building, I can tell you one building inspector to stay away from. PM me for details! Cheers

Hi skater Thanks for your advice. I might have to just advertise with one good PM and be patient! Cheers

Ive often wondered if it is possible to advertise a rental property with multiple managers to try and get the most exposure? Is this allowed, and will the property managers reject to manage if they know they will be 'competing' against each other? Kind Regards Martin

Thanks all for your replies. I ended up going around there and asking the tenants politely why they haven't been paying the rent or replying to the PM emails. In the end they agreed to email the PM on their plans. They were a bit taken aback when I questioned them on whether they had any...

Thanks so much for your replies. The tenant has basically broken the lease 6months early. I am with EBM insurance. On the phone I asked if they would cover me, and they mentioned they would only cover for losses before the 12 of march, and not after the tenant had left What can I do if...

G'day all I have been a landlord for a bit over 18 months now, and am still very green at dealing with bad tenants. I own a property in southern nsw. I have a property manager looking after this property. In September we had a tenant sign up for 12...

Cheers for all the replies! I will let you know of the outcome

Thanks Yes both him and partner have secure 'off farm' jobs (combined about $100000/year). Also, the farm is less than 400 acres and is more of a hobby farm. Cheers

Hi Thanks to everyone for your replies The property he owns is farm land as well. It has a house on it, and that is where he lives. He is very conservative financially and doesnt want to use the property he owns outright as security. Are there such things as brokers who...

Hi A friend of mine is looking at purchasing farm land. He has a deposit of 60%. He also owns another property outright with $550k. He needs the extra 40% from a bank. All banks seems to want to use his existing property as security! I am a reasonably inexperienced with finance, and...

Thanks for your good advice Damian! I might have to keep looking! Cheers

Hi I am a long time reader of this forum, first time poster. I have been looking at property in tamworth for a while now, and the rental yields seem quite impressive for some areas in south tamworth. One house in particular is a 5 bed, 3 bathroom, tidy brick house, for around 200000...