Hi Glenda,
Great attitude i know, and I bet he wasn’t offering the services of his agency to manage the property for you?? I was once a property manager and believe me, no reputable agency would even consider taking on management of a property with the risk of renting to “animals”. One bad tenant creates more work than 50 good managements! I…[Read more]

Yes it is logical that you would choose to be an owner-occupier as opposed to a renter, however it doesnt necessarily work that way in some rural cities. Wagga in particular has a very transient population due to the universities, defence bases etc. Albury also for the same reasons, plus there are big companies up here (eg Uncle Ben’s, Visyboard)…[Read more]

Hi dafeldz,
When choosing an area to invest in, dont forget the ‘rural cities’. I am currently living in Albury (and lived in Wagga for a couple of years). Cities like these dont have the same capital gains that you would achieve in Sydney or Melbourne, but offer great rental returns. A centrally located unit purchased for $75k can return around…[Read more]