Checkout this property investing news update from Everyday Property Investing
Highlights in this episode:
00:15 Using the tools you know to give a suburb the ‘once over’
02:07 A suburb with newer style housing, only 12km from the CBD with a median well below $400k
03:55 How not to be left high and dry when you buy an investment property
05:25 Want to spend 6 weeks masterminding with Kaz from EPI?
I have a duplex which I recently strata-titled. My original insurance was through a broker. I realised that the change in the title I needed to get the insurance updated. What I’ve found to my horror is that strata insurance is quite different and so far I haven’t been able to get flood insurance like I had on the original property. The house is horizontally about 30m from a creek which is known to flood elsewhere in the suburb. So last weekend with houses going under at the other end of the suburb reported on the news, I was err, distressed.
I bet you were! Have you managed to get anything yet?