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Sorry for the simple question... but what is NRAS?

Hi everyone Lately I've been reading about utilising specific lenders during the early stages of my investment and then saving those with more aggressive serviceability calculators for the later stages. I just have a couple of questions regarding this. 1) How do you define at which...

What an inspiring story. Thank you for sharing Michael. It seems like one of the keys to success is having good business partners and you have mentioned a few in your posts. I will be sure to look them up when I am ready for the next purchase. Thanks again.

Does anyone have thoughts on which part of the Warilla is the better part of the suburb v areas to avoid?

Thanks for all your advice so far. The sale is in NSW. The conveyancer has sent an updated clause and will get the auctioneer to point out the issue. I was contacted by the council in the last week requesting an inspection. If I disclose the unapproved structure at auction (which I will...

Whilst by nature, the auction will be unconditional; there is concern about the disclosure of some unapproved internal work. Marketing contracts have been sent out to the potential buyers (that's what the conveyancer calls them) I am currently working out whether it needs to be disclosed or...

Hi Will, would it matter if it's an auction?

Hi all, hoping you can assist with my query. If the buyer pulls out of their contract and was able to get 100% of their deposit back for legitimate reason/s, would the vendor still need to pay the agent her commission? as she had successully sold the property but due the building/contract...

I have spoken to council and they sent me a few satellite shots taken of the house at the time & now. The claim is they show a change in roof coverage & hence building area. By having a snap shot of the place years ago means someone did look at the complaint but never issued a notice to...

I am waiting on my conveyancer to reply regarding council searches in particular in regards to outstanding notices. And ultimately I would need to speak to the council as I don't know the exact nature of the complaint. I have been fed second hand info from PM. Without the exact details, I...

Hi all, I am hoping to get some advice or guidance on this issue. My Property Manager (PM) got a call from council today regarding a dated complaint from 2012. I just settled on this property less than 3 months ago. I have yet to talk to the council, plan to do so in the next couple of...