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  1. MsAli

    Costs involved in buying existing property as a newbie investor in NSW ?

    Hi John, Please feel free to PM me and I can email through the s/s. ta MsAli
  2. MsAli

    Costs involved in buying existing property as a newbie investor in NSW ?

    Hi Albert, To answer your question..Look at the following to make your cost base: - Deposit - Stamp Duty (google up a calculator) - LMI (if deposit <20%) - Legal fees - $1500 - Renovation Costs Plus when you rent the property out you'd be paying 1-1.5 week's rent in leasing fees. After that...
  3. MsAli

    Costs involved in buying existing property as a newbie investor in NSW ?

    True. Time and place for all...good skill to have if you can do it from the word go. From a buy and hold perspective... Sydney prices have doubled in the same time frame, (less purchasing and selling costs inc tax). Don't see value in development in a rising market. This is what has happened in...
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