susan
if you dont mind me asking what kind of money do reasonable houses go for in your part of the country
suitable for renting out?
on a previous post you noted that you have a lot of properties that you rent out.
did you start with one and build up from there or dive straight in?
thanks
andrew
well was diffent for me as i got left two houses both semis and both paid for and built up from there , ive just bought two , two bed houses (semi) ajoined to each other brand new , avarge area got a deal as they were last ones 150k for them both will be renting them out at 450 a month each payment on them will be 300 ish (for them both)
now buying from auckshion you must and i mean must fiind out about the fees as ive seen them as hight as 6k makeing it not so cheap also you must and i mine must go and see the house take a builder mate with you
best place to get them from is the agents if you know them , the agent knows if the seller on the downs and are desprite to sell this is where you come in . you can also go on line and find out what they paid for the houses giveing u inside view on things
also get talking to the houses owner well maybe not you get your wife to tell your wife to talk like shes a bit thick and more instered in the house owns kids then the house this way the silly house owner will let things slip out " oh my hubbys just lost his job" oh my hubbys just died ect ect ect the more you find out the chaeper you go in at sorry it may seem harsh but its the way it is