What happens with the lawyer and accountant information I enter?
These contacts are used in offer templates and other documents where professional details are required. It ensures you’re always ready to submit a complete and professional offer.
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Where does the lawyer information come from?
Where does the lawyer information come from? Your lawyer’s details are automatically pulled from your Refindr profile settings. Make sure they’re up to date.
What happens after the offer is accepted?
What happens after the offer is accepted? Congratulations, you have a conditional contract on a property. You’ll enter the acceptance date, and your conditions will be turned into a checklist with optional alerts. Once all conditions are ticked off, ...
What should I enter for maintenance costs?
What should I enter for maintenance costs? Maintenance costs typically range from 5% to 10% of annual rental income, depending on the property type: ? Newer properties (0-10 years) – 5% (lower maintenance) ? Apartments & townhouses – 5-7% (lower ...
What should I enter for the vacancy rate?
What should I enter for the vacancy rate? Vacancy rate depends on property type and location, but common benchmarks are:? Standard rental property: 1-3% ? High-demand area: 1-2% ? Regional or high-turnover property: 3-5%
How much should I enter for the deposit amount?
How much should I enter for the deposit amount? In Australia, the standard deposit for an investment property is typically 20% of the purchase price. Deposit Breakdown: Standard Deposit (20%) – Avoids Lenders Mortgage Insurance (LMI). Lower Deposits ...