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From: James Johnson
Hi everyone,
I'm thinking about getting a block of 8 units in Goulburn, NSW for about 280K. A bit of TLC (love those RE euphemisms) needed but rent is about $135/wk/unit.
The problem is I need to buy it with my parents ( I just don't have the income/cash) and they are worried about expenses.
Is there anyone out there in Forum-land who has any experience with this kind of investment and can give me some idea of what expenses I'd be looking at and what for.
Especially how much maintenance would cost...
I've factored it in for about 8K pa.
Thanks for any replies
Jimmy
Hi everyone,
I'm thinking about getting a block of 8 units in Goulburn, NSW for about 280K. A bit of TLC (love those RE euphemisms) needed but rent is about $135/wk/unit.
The problem is I need to buy it with my parents ( I just don't have the income/cash) and they are worried about expenses.
Is there anyone out there in Forum-land who has any experience with this kind of investment and can give me some idea of what expenses I'd be looking at and what for.
Especially how much maintenance would cost...
I've factored it in for about 8K pa.
Thanks for any replies
Jimmy
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