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Hi all Just a quick note to let you know we successfully pulled out of the purchase. I think it would have been quiet detrimental to our cash flow. I feel we made the right decision! No regrets. The contracts had not been exchanged, so we are getting our 0.25% back. Thanks for your input...

I think we are getting a good price. But I don't think this factor is something which will compel me to get a place like that, as we are only starting out with our second property each -so I wouldn't want our future cash flow impacted - and rather be more cautious with what may lie ahead -...

Thank you all for your responses. Admin Fund had some major expenses paid out from - which includes management fees (which appears to be 12% of the levies raised and other income of about 86K for a nine month period). It appears some of the recurring expenses have been paid out of the...

Hi All My sister and I are purchasing two units next door to each other. One settlement will be prior to X-mas so we can renovate the unit during the break, and the other one, which is in a more reasonable condition will be mid Jan. I am currently going through the strata report, and the...