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Reply: 2.1 From: Michael Croft Hi Simon, and sorry for the slow response. Negotiation is the key, trying to create that win/win is never easy. The long settlement doesn't usually present a problem as you are normally buying from an investor. Often the property is an inheritance/deceased...

Reply: 1.1.1 From: Michael Croft I should have added that LVR's on a block of flats is comparatively easy if not strata titled. This is because by creating the body corp and sep titles you have increased your market base and hence the price of the individual units. It's a rare case of the...

Reply: 1.1 From: Michael Croft Hi Jacque, I use Bank Guarantees (I have used deposit bonds), go for a long settlement (3 to 9 months) with unrestricted access (not always easy and solicitors hate it), revalue before settlement, and if I've done it right (about 90% of the time) I can get 100%...

From: Michael Croft What follows is a reply to reno questions/email which I thought may interest some of you. It’s a tough one and marginal from my perspective, but it all depends on your strategy. Based on the figures provided I would anticipate little or no growth for the next 3-4 years...