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    Help on the Aprtment development at Burnley Street Richmond Melbourne

    This is actually one of the few good arguments for a short rental guarantee: the letting agent(s) aren't being bombarded with everyone wanting their unit to be given priority and moves into the building can be staged over a reasonable period - even more important where lift capacity is an issue...
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    Help on the Aprtment development at Burnley Street Richmond Melbourne

    The first was bought ultimately to be my PPOR (not as it turned out) and was still in the rental guarantee period when I bought the second (first bought Nov 2000, completed Dec 2002). First year gross $26K, exps $7K, net $19K. Three years later $21K/$8K/$13K. But as the sales presentation says...
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    Help on the Aprtment development at Burnley Street Richmond Melbourne

    What the OP also needs to remember is that the PM takes their letting and management fees off the gross rent and then you pay OC levies, rates etc. When I lived in the UK I bought two Central Equity OTP units, believing the promises. I bought the first in 2000 and sold it in 2007 for more or...
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