Hi Geoff & Kristine
Geoff - the advantage to having them strated is the situation of raising loans against them. Block of flats is seen as less desirable by lending authorities. (harder to sell in quiete times) with them given a commercial status. So as a result I pay more interest than a...
Hi Kristine
Just as an aside you don't have to own all the units to control the BC. You could simply buy sufficient units to give you the majority. Be aware that in NSW one owner can't have the majority as no matter how many units owned the maximum vote value is 50%.
But you could always...
