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Off the plan - Make sure you find out what is included in the price

I am continuing to update on my current investment Property. We are nearly there now.

My agent locked in the tenants early, but unfortunately settlement was delayed and this caused more than a few problems. I also found out last minute that blinds were my issue, so

a) the tenants moved in and were not happy
b) I had to get someone in to custom do all the blinds which was an unnecessary expense

A few other teething properties mean some unhappy tenants and the need to organise a special hamper.

So the message is:

1) Check out what is included in your purchase price so you don't get caught out
2) Watch out for time delays as things always crop up last minute so careful what you commit to in terms of potential tenants expectations

Aside from these teething problems, the property looks good and the numbers are looking positive in what is a tricky time in the property market especially around financing.

For more on off the plan property

This post first appeared on Purchasing Property, please read the originial post: here

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Off the plan - Make sure you find out what is included in the price


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