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Ta Prop ;) Just out of interest, anyone recommend a BA for Melburg?

Thanks Prop... thats some glowing references there ;) What would BA fees be like for, say, a $400K property - i'm guessing $5-8K ballpark? Would be good to see some sample transaction figures with/without BA from peoples past experience (actual vs expected)... you'd want that fee to mostly...

Thats great info and experience, thanks very much. Funnily enough, a colleague that i bumped into in town today just bought 8 houses interstate :eek: So it really is possible to buy an interstate property and let the PM take care of everything then... Can Buyers Agent fees be offset...

Anyone that has actually done this? Experiences - positive or negative?

I imagine that most first-time investors buy in their own "back yard"… the (pshychological) reasons for this are understandable - low risk and high comfort, lots of caution… but an increased possibility of accepting mediocre yields or growth compared to properties in other locations with better...