Hi again,

An update: I am aware that the decision is the subject of an appeal, although I don’t know when the hearing is going to be held.

Cheers,
Josh

Thanks again for all the help everyone! I’ve been a member of this forum for a couple of years now, but as you can see, have only just started being active.

I have another question: with wraps, is it necessary to inspect the property you are buying as you would in an ordinary buy and hold scenario? Can you get your client to do all of that work…[Read more]

Thanks Paul, those are some helpful tips. I too think it is possible to avoid such problems if you are careful.

Josh

Thanks for all the help!

I have heard that because house prices are so inflated, it may be difficult to pull wraps off because there isn’t really a very good market for them. Is this true? Where can I find the market? My guess is regional centres or outlying suburbs in capital cities.