I have recently come across a co called Memphis Investment Properties. They offer a full service. Their prices are on their web site. They do deal with international clients. They seem to have multiple repeat clients. Memphis is the headquarters for AutoZone and FedEx. Memphis has the US's third-largest railroad hub and the world's busiest air…[Read more]

I suppose you have to know the costs involved in doing the subdivision, then the building costs of the houses, to work out the potential rate of return for hold and rent.  Do you have the capacity to keep them all? Perhaps to keep some to build on and sell some blocks to fund the houses. It will take a lot of money.You need to start with a town…[Read more]

I am not a fan of -ve gearing. I've always needed an income and need to look at properties that have +ve cashflow.  It is not a sin to pay tax. It means you have made money. I assume your ultimate aim is to replace your working income with passive income. You eventually need to pay tax. Another popular thing to do that is choose a property that…[Read more]

Hi, I know a salesmen that only sells investment properties. His co sells investment properties all over Queensland and other states for developers. They have sold houses in Biloela and must have thought the return was OK. I'm away from home so can't get his figures. It's not a Gladstone but  Biloela is a good size town for a country town. There…[Read more]

I used to live in Townsville. The Northern Beaches side of Townsville is racing ahead. After many years of talk there are new shops being built out that way. Smaller take-away complex, a Coles anchored new shopping centre, plus new shops (Woolworths) at the North Shore devolopment on the eastern side of the main Bruce Highway, which also has a…[Read more]

I bought in Dysart 4 years ago. At the time the prices were a bit cheaper than Moranbah. Dysart is between Moranbah and Emerald in the coal mining basin and is serviced by Moranbah mainly. The rents went down with the GFC but they are on their way up again. Tip is to check out the management charges that the real estate charge. Moranbah Real…[Read more]

So what's the ROI in Gladstone? What are the rents being achieved?  I assume the investors are chasing capital growth as not much mention on rents in these posts? I imagine the cost of building in Gladstone is a lot cheaper tan Karratha. And I suppose there is more land available for development in Gladstone/Calliopie than Karratha. The Gold…[Read more]

Thanks Tim. Just a point of clarification please. Is the 20% a return on the cash one invests ie. in property the deposit that is put up or a return on the purchase price considering most people borrow? You do say an invetment that  will give me positive cashflow returns from a minimum deposit. So it seems that one should be looking at a return…[Read more]

Thanks. I have researched web sites that talk about positive geared properties and they have properties listed quoting  yields of between 6% and 10% returns p.a. I did my calculations and they are gross yeild on purchase price (contract price) and nothing to do with percieved capital growth and assuming before tax that I can see. There are more…[Read more]

Hi Chrisine, I bought a 3 bedroom highset house in Dysart 4 years ago. The tennants are usually companies that contract to the big coal mines.They sign 1 year leases or longer. The house is looked after. Any maintenance is costly with tradesmen coming from Moranbah however the rental return is excellent. The workers are not there much as they…[Read more]

I've never been in a position to need/take advantage of negative gearing. I went for a positive geared property. If you want cash flow go to the mining towns!

I wil put a plug in for the Gold Coast. The State Government are spending a massive amount of money at Southport. They are building the new Gold Coast University Hospital and work is commencing soon on the new light rail rapid transport network. Initially to go from the University/new hospital to Southport and down through Surfers Paradise and…[Read more]

Hi. We are onto our 3rd project. Thru trial & error we believe you should start with the yard first as it may take time for the plants and the lawn to grow. Other jobs that you may need to do first is an outside deck, pool fencing, painting the roof, gutters/downpipes, fencing, new garage doors, new putty in the windows, sand back facia boards,…[Read more]

We have been cleaning up our properties in preparation to finding a buyer. We have been receiveing $90 a Tonne for scrap steel. (There is a world shortage of steel and coal prices have gone up too.Somehow they’re related.) We only have a small truck and a forklift to load however a good load is worth $150+. Anything not considered good heavy…[Read more]