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Truong, Thanks, I called them and yeah that said that is an option. Not sure why they didn't tell me about first?? It sounds like a better way to go, spreading the $2200 out over the ten years. I guess the only downside is it may work out a bit higher than $2200 because it's a percentage...

Yeah, I have a couple properties already without NRAS. Just thought who better to ask than someone who is actually doing it.

My finances aren't tight at all, just getting confused with the figures you supplied, seemed a bit off from what I have been getting told. How were you able to get them to allow you to pay the joining fee as an added %. I haven't been offered this and am also going through Ironfish. On the...

So if you went though Ironfish as I am considering, a couple points don't make sense to me. -Firstly you have NRAS at $167/w which is $8684/yr. But you are paying 12.5% of that to the developer plus (in the first year) a $2200 sign-up fee to them also. So this should be $5398 which is $103 a...

Truong NRAS in Adelaide Hello Truong I am also from Adelaide looking into NRAS. The company I have found charges quite a lot of fees to become NRAS ($2000 initially plus 10% of the $8600 every year). From your return calculations it seem you are getting the full $8600 back. Would you mind...