OK, Im in the throes of buying a place in South Hedland and my thoughts turned to PM. The current lease of 2 years began in Oct 09 at $1200 wk with a market change in Oct 10. The current owner is doing the PM himself as hes a local I believe.
Going thru the same REA as Im buying the property from for PM they are offering 8% plus GST so 8.8%, which works out to $105.60 per week. They also charge 2 weeks rent to re-let the property. This seems to me to be a wee bit steep, a touch under $5500 per year, plus $2400 to re-let if needed.
With the current 2 year lease Im considering doing the PM myself.
So I guess what Im asking is:
Does anyone have property in Hedland and are you paying the same rates?
Can anyone with IP in Hedland recommend any of the PM up that way?
Given Im in Brisbane, is it worth trying to PM the place myself?
Going thru the same REA as Im buying the property from for PM they are offering 8% plus GST so 8.8%, which works out to $105.60 per week. They also charge 2 weeks rent to re-let the property. This seems to me to be a wee bit steep, a touch under $5500 per year, plus $2400 to re-let if needed.
With the current 2 year lease Im considering doing the PM myself.
So I guess what Im asking is:
Does anyone have property in Hedland and are you paying the same rates?
Can anyone with IP in Hedland recommend any of the PM up that way?
Given Im in Brisbane, is it worth trying to PM the place myself?