Hi EverbodyWe purchased 1 of 7 flats owned by 1 person, no strata requiredThey sold 3 more, we didnt knowRecieved a letter from new tennant which we self manage the other day from the new strata management about a meetingWe rang but were told we cant go because we owe $1350 & action was in place for debt collectionTurned out our solisitor gave…[Read more]

Thanks for the comments The original plan was to build duplex, sell one and rent out the otherWe could squeeze a Jones on there for an estimated total cost in the 340'sKAgent said we should get 200K each, but with intrest rates on the rise and  the sale takes longer with not much growth, profit will shrinkOne agent said duplexes dont sell f…[Read more]

Thanks for any help or commentsRegards Iron Lady