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Hi Velli, Please refer to above post. Sam

Pretty sure you go to, propertydealfinder.com.au/somersoft

In that case I'd say stick to your guns, and see how it goes. The agent may come back to you in a few weeks and say the vendor has reviewed your offer and are you still interested, which means the ball's in your court. In the meantime/instead, continue doing research. Don't rush into it...

Great. Have you calculated:- Council Rates Water Rates Insurance (landlord and building) Body Corporate/strata (if any) Minor repair costs If not, this may cause the property to become negatively geared. So, if you can find something that has all of that included and is neutrally geared...

As Jamie said. I'd look for something that doesn't need work now, it may mean the rental return isn't as good, but when you do have the time you can do the reno increase cash flow and give yourself a chance to sell at a much higher price/pull equity out sooner.

You've just got to look. Noticed Nathan had a 7 day trial on his Deal Finder for Somersoft members, he does a lot in those areas so might be worth a look at. Depending how handy you are this might be worth a look... As a comparison this property is currently the cheapest one available for...