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From: Firefrog .
I thought I had found that all elusive gem yesterday. Listed for 70-80K, 3brms aircon etc.etc. Looked promising in the pic. Tenanted at $160 p/w, Ran the numbers looked to be +ve to the tune of $30-$40 a week. BUT then I drove past and it looked to be a bit untidy and rough around the edges, roof old corrugated iron and generally not appealing to me.
Is my newbieness stopping me from checking into this further. The numbers seem to stack up I don't want a lemon though.
(I think as I type I'm answering some of my own questions) -
Do all you gurus use your instincts or put them aside sometimes and look deeper.
Moving forward with much trepidation.
The frog
I thought I had found that all elusive gem yesterday. Listed for 70-80K, 3brms aircon etc.etc. Looked promising in the pic. Tenanted at $160 p/w, Ran the numbers looked to be +ve to the tune of $30-$40 a week. BUT then I drove past and it looked to be a bit untidy and rough around the edges, roof old corrugated iron and generally not appealing to me.
Is my newbieness stopping me from checking into this further. The numbers seem to stack up I don't want a lemon though.
(I think as I type I'm answering some of my own questions) -
Do all you gurus use your instincts or put them aside sometimes and look deeper.
Moving forward with much trepidation.
The frog
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