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My friend's house was flooded when he was overseas due to fault of a sprayer. The sprayer was bought and installed by a builder who renovated the bathroom. The builder came to the house. Not to fix and vacuum the water, but to take the sprayer! My friend's friend has mopped the...

Hi guys, I went to this seminar, where the speaker bought cash flow property with 80% loan + 20% vendor finance, which sounds very attractive especially for people who don't have much deposit and low income. Anyone done that? In terms of mortgage, will lenders give loan on regional...

Hi, I've got a house that is now vacant. The house needs some repairs, including cracked floor and tiles in the bathroom. I am planning to demolish the house in the next few months. I am now thinking to lease the house very cheaply, with the condition the tenant willing to accept the...

I bought a house in 2010 in Geelong area from a seller who is now my tenant. I was interested in this property as the seller is willing to rent for $300 pw for 2 years. I thought it would be good, since I lived overseas at that time and was in Australia for a very short period. I only looked the...

I am thinking of buying under $150k property. I saw this unit for $119k in Armidale NSW, with tenant paying $200/week (around 8.73% gross yield). But I am worried with the low cost property: the problem of getting a bad tenant, repair cost in the future, low capital gain, and ability to sell...