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You can learn more here than any paid seminar or course you might attend that costs you $thousands.

I think you need to ask yourself why you want to buy this property. MIW touched on this with regard to the capital growth prospects, you don't get that by buying the best house in the street. The capital growth/equity in these will only help buy others if you can revalue and draw down on the...

Apart from treating buyers like idiots, an agent spends most of his time managing the inflated expectations of the vendors. Some vendors still think prices are going up 10% a year! You say that "No way it will sell for that price." well if the agent meets a greenhorn it may very well sell at a...

My take on this is that if the gross rent is $350, by the time you have taken out some management fees, landlord insurance, some maintenance, etc. you will be left with about $315 gross, deduct the $38 body corporate and you will be left with $277 per week. Will that pay your loan?

What are the body corporate fees per week?

I would suggest that if they have all the "liabilities" the agent should reduce his fees accordingly.