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thanks for the feedback. I have rung up numerous agents and have had new quotes from 8% through to 15% plus gst. Now i have to decide whether to least it through an agent at 8% or self manage the current tenant whose been there for 5 years plus. decisions decisions decisions

Thank you all for your feedback. I will contact a few property managers in the area(tamworth) to see what they have to offer .

I understand where you may be coming from . But in the case of this tenancy it's been self managed for 4 out of 5 years and it's only when I bought it I decided on an agent. The agent has decided to post me a letter informing an inc in fees from 8.8% to 11% . There is very little...

Hello I am looking for advice on self management of my property in nsw. In a nutshell the tenant has been there for over 5 years and was self managed by the previous owner prior to my purchase(when i appointed a managing agent). I now wish to start managing the property myself and need...

Westpac have cut by 0.22% with effect from 18/05/15.

Thanks for your reply. what areas would you recommend with 7% growth? Thanks

You can buy a house for the same price half the distance to Brisbane in a nicer area Thanks for the feedback. Any particular areas you would recommend(in the say 250k range)?

Any particular reasons? the properties are yielding approx 6% and have an annual growth rate of approx 3%.

Hi, Wondering what your thoughts were on Morayfield? Any parts of Morayfield I should look at avoiding?

Thanks Spiderman. Was also considering the cheaper parts of werribee and south melton as mentioned by yourself. The way I look at it as long there is a positive cash flow situation and reasonable capital growth over a 20 year period its a win win situation.

Hi I am new to the forum and am looking at purchasing an investment property in the greater melbourne area. However my budget is limited to 250K. I have been looking at areas such as Corio and Norlane. Any suggestions or recommendations. Thanks