Bought this a few weeks back with asking price at $309,000.
Managed to snap it up for $275,000.
Requires some fiddly things to be done to it, but no major work that I can see.
http://ift.tt/1E89b8r
Would expect this property to go for somewhere between $320,000 to $340,000 in a few months time. Haven't seen many 4 bedders in Waterford West to sell for under $280,000 so I thought this was a steal after negotiations. I could be wrong? Thoughts?
Was previously purchased for $350,000 at it's peak.
This was purchased under my SMSF, so I wouldn't be able to reval and pull out any equity to reinvest. But can't complain as it's positively geared from day one even with an interest rate of 5.74% with St George.
Was informed yesterday that if I were to have some sort of water device installed by a plumber, it'd cost me $100 and water rates will be then onus on the tenant which was news to me. Will be opting to do this and have some extra $$$ saved quarterly.
Wish there was a way to pull out equity within SMSF to reinvest :(
Managed to snap it up for $275,000.
Requires some fiddly things to be done to it, but no major work that I can see.
http://ift.tt/1E89b8r
Would expect this property to go for somewhere between $320,000 to $340,000 in a few months time. Haven't seen many 4 bedders in Waterford West to sell for under $280,000 so I thought this was a steal after negotiations. I could be wrong? Thoughts?
Was previously purchased for $350,000 at it's peak.
This was purchased under my SMSF, so I wouldn't be able to reval and pull out any equity to reinvest. But can't complain as it's positively geared from day one even with an interest rate of 5.74% with St George.
Was informed yesterday that if I were to have some sort of water device installed by a plumber, it'd cost me $100 and water rates will be then onus on the tenant which was news to me. Will be opting to do this and have some extra $$$ saved quarterly.
Wish there was a way to pull out equity within SMSF to reinvest :(
Latest purchase in QLD
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