My property journey – USA and Mackay Strata Titling

So the two properties in Memphis are now settled.  So far it seems all in order. I received the titles in the post and can also check an online database.  Tenants are in place. The only delay is finalising the Memphis bank account which has run into a few snags but nearly there.

In the final stages of getting the loan approval for the Florida.  They have really been putting me through the ringer on this one.  Lots and lots of documents.  It is going to get last minute as settlement date is the end of April and they are really struggling with the negative gearing concept over there!!

Meanwhile back in Oz, i have finally got the firewall done, so I can sub divide the two properties in Mackay.  Long, long process but on the home run now that the council have done their thing!  I will get a valuation when I am done for interest!!

About Mark Taylor….

My property journey – USA and Mackay Strata Titling

Strata Titling Project in Mackay

By Mark Taylor

We have finally progressed to the next stage after many months of frustration.  If you haven’t been following this project, I have been trying to strata titling my duplex up in Mackay; this should release $50k of equity.  Ran into a few problems as I needed to get a firewall extended in the roof and finding a building who could do it and run the project was very tricky.

Anyway, it is done now at a cost of $7,100.  Now need to finalise the documentation with the council and a few other bits and bobs and we will be done….

About Mark Taylor….

Strata Titling Project in Mackay