We are looking at a unit to buy, its in our neighborhood and a bit under the market. Last year we bought the house for my sister (her money) and a unit for us to move into when the kids leave. Yet I can not remember the steps in the process so I'm going to write it down on the blog so I can look at it. Step one of course find the property. That is kind of funny because like all aussies bit obsessed with property, well probably more Sydney than Dubbo, its probably about a 1/5 of all dinner party conversations. Read the realtor mags and websites. Did find one I liked but a girl at work was looking so I told her about it also probably a little more than we wanted to pay this time. Havent heard how that went but better to stay out of it. She has a great deposit has been looking for years and is getting older, cant make up her mind and her children like the rented house. Theres a lesson, we never ask the kids about financial decisions. What 20 yr old gives a toss about their parents security or comfort.
Then I thought this week oh well it will come to us when its ready and I saw this flat had an viewing on saturday so ran out and had a look, its a bit of a tardus, much bigger inside than it looks. Couple of things I dont like, ferret in the backyard for one but there is always something. Very rentable and we are near the uni. In a block of only 3.
Got Husband to look yesterday, he liked, checked the numbers minimal rent seemed ok, if we get more and I think we could even better. Made an offer to realestate today, he will present it to the owner. Have an appointment with our bank, so better get ready....to be continued
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