Cashing In on Cross Lease Conversions – What Property Investors Need to Know ⎜Ep. 1349
In this episode, we are joined by Kirstie Winter from Good Title to discuss how you can cash in on converting your cross-lease property. This includes why cross-leases exist, how much it costs to convert a cross-lease property to freehold, and how much your property could increase in value after the conversion is complete. We also let you in on who typically pays for the conversion (is it you and your neighbour, or just you?) Ultimately, this is to let you know the pros and cons of converting your property, the process and what it involves. That way, you can decide whether it is the right fit for you (or not).