Always look for something extra – some properties have that extra bit of land, some have better fittings (eg increased rent or decreased vacancy), some are at a bargain price – why buy average?
Good deals, by definition will only be a small percentage of available deals – don’t buy average properties – any mug can do that – take the time to find…[Read more]
I’ve done one unit block and bought my second recently. All the regular stuff is true – you need to buy well etc.
If the fire walls (bricks to the tiles) and separate meters are in place it’s not very hard – pay a surveyor and away you go. It used to add heaps of value (eg signle title blocks would be sold at a serious discount). In today’s…[Read more]