I do find that quite surprising if true then for everyone.
10% a pretty norm figure these days for PM In Perth. Had a few different quotes and know a few in the PM game.
Thats why id look to manage it myself.
How do people calculate there cashflow positive?
Is this for an Interest only rate?
Is this taking into account the 10% property Management fee?
I feel truly there arent really many cashflow positive properties right now especially outside some parts of SA