It is dependent on your personal position and goal, for me I would want the higher yield through leveraging my dollars to my advantage eg IO loan whcih of course you can fix or do a split fix and variable.

Re the inspections, constantly amazed that people will buy property and wonder about whether to get due diligence reports. For me…[Read more]

BTW the scary thing is the more you read the more you realise the more you have to keep learning.

Start with Steve’s books as they are truly inspirational and give some good clear advice…. no smoke and mirrors.

Moving forward it is most probably better to use the cuurent pm unless you are not confident they can follow through. So depending on that make sure the pm you use moving forward understands your concerns and ensure you put a process into place so it does not happen again e.g 10 weeks before you notice. Really you should be notified on…[Read more]

An easy way to find some one who has a good reputation is to identify the closest town that has a solicitor (ensure they do conveyancing), give the solicitor a call and ask them who they regularly use for e.g building, pest, strata, surveys and for a contact number.

Remember that costs for these type of reports go up for regional areas…[Read more]

In relation to the cost and the time frame to strata title the villas, I would contact some local professional strata managers who do this as one of their core services. They should be able to give you a clear idea of the cost, time to complete. Also clarify if there are any other issues you should be taking into consideration eg in…[Read more]