Some banks (e.g. ANZ) are starting to cut back on lending through SMSFs. More may follow. It might not be an option for property investors much longer if there are regulatory changes.
Something to watch if you are buying in this area:
http://www.dailytelegraph.com.au/newslocal/news/council-to-fight-endeavour-energy-plans-for-overhead-lines-at-marsden-park/story-fngr8gwi-1227406175423
Proposed route for new overhead powerlines.
There is also whether you go for a double or single garage. Observing my immediate area, single-story dwellings with a single garage don't appreciate that well.
On the other hand, dual-occupancy properties do fairly well in the North West. There have been a few in North Kellyville and one or...
I wouldn't do anything unless your tenant asks. You have a good tenant and you think the rent is acceptable. Many tenants don't like the hassle associated with repairs and maintenance.
Maybe put some cash aside for a warchest to pay for upgrades if your tenant moves out.
In your situation...
Are there any complications with buying in the USA and specifically Arizona?
Might be a rock-solid investment.
http://tinyurl.com/p5nkc8y
and
http://tinyurl.com/nn5xupk
That last website is from the stone-age.
Having recently bought my first IP in Brisbane (settles next week), I suggest you do what you can to educate yourself on the market and popular suburbs for investors.
Also - other than yield and capital growth, what characteristics of a property do you think will make it a good investment...
The problem is they don't always pay market price. A situation which is usually followed by protracted and expensive court battles.
It's also problematic for the properties just next door that they don't acquire.
For example, motorways usually result in tall noise barriers. Nasty to live...
One major factor for consideration in this area is the Outer Sydney Orbital which is planned to include a freight line and also a future motorway.
Logically you would think the Metro line from Cudgegong Road will also be extended south in this corridor.
The problem is that decisions on...
It's certainly a nice to have.
A portable wardrobe generally isn't as spacious as a built-in.
I've also moved wardrobes up and down stairs in unit blocks and it is no fun. Tenants would have the same opinion.
For the IP I am buying, the master has a BIR whilst the two other bedrooms...
Just make sure you don't take all blogs and articles at face value. Just remember that some people have vested interests. Naturally someone in the head office of a real estate company would do all they can to encourage sales ...
Capital growth will probably be better in Rouse Hill due to the Town Centre and train line.
There are some 3-bedders in your price range. Also H&L packages, although these are near Bunnings and on the extremity of the suburb.
Add at least 15-20 minutes to travel time compared to Glenwood...