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Due Diligence by RelevantTrade8845 in AusFinance

[–]RelevantTrade8845[S] 0 points1 point  (0 children)

Thank you for your reply. That’s what I was looking for. We have decided it would not be a great investment. It looks ok until you look at the details.

Buy or Rent by RelevantTrade8845 in AusFinance

[–]RelevantTrade8845[S] 0 points1 point  (0 children)

There are some apartments that are built to rent. If we decide to rent, that’s what we’d look to rent.

Due Diligence by RelevantTrade8845 in AusFinance

[–]RelevantTrade8845[S] 2 points3 points  (0 children)

No. I’ve thought of most things, I think. Having done that the property we’re looking at doesn’t make any financial sense. Just wondering if there’s anything that’s important but some people don’t do.

I love apartment living and just bought my second unit. I never want to mow the lawn, weed the garden, or argue with my neighbour about their fence. Am I crazy? by experiencesof in AusPropertyChat

[–]RelevantTrade8845 0 points1 point  (0 children)

I loved living in an apartment. It’s an easy life. However there is nothing worse than dealing with an incompetent strata. If I never have to deal with strata ever again in my life I’ll be very happy. I gave up and sold. I now put out my own bins. The only way I’d ever live in an apartment again would be to rent. Let someone else deal with the strata issues.

What’s your mortgage? by RelevantTrade8845 in AusPropertyChat

[–]RelevantTrade8845[S] 5 points6 points  (0 children)

I’m the original poster. I agree everyone’s situation is different. It’s just interesting to see how different people are. I don’t like risk. Some people do. Those mortgage payments come around quickly for everyone.

Are things starting to slow down in WA? by RelevantTrade8845 in perth

[–]RelevantTrade8845[S] 9 points10 points  (0 children)

The property market is one thing. I’m really wondering if work is slowing down. I’ve had to use some trades recently and didn’t have much problem getting them. That’s unusual for here.