I don’t pay any mailing or chq depositing or sundry fees. They get the standard % of rent and thats all.

Costs will depend on what it already nearby/in place to some extent. If you are remote from built up areas you may be looking at 25k-30k per block in costs to connect services etc. It may cost a little more per block with surveyors fees, building roads, installing streetlights etc

Also consider that with a development next door of a minimum 300…[Read more]

Hi there – be aware that Ravo is the original housing commission suburb in northern tas. You will be appealing to a very limited market of people and fairly or not has a nasty stigma attached to it. It can be a bit of a warzone (for Tassie) at times – very uncomfortable place to drive through and visit.

You would be better off looking at some…[Read more]

Nope – Map or Mappers?

What about Dave?

How about wrap wraps and wrapping

Let’s try Vendor Finance

Nothing! Must only be certain words within posts that meets the criteria for links, and dodgy crap musn’t fit the bill.

Well isn’t that bizarre – some strange little marketing links pop up when I use certain words. Wonder what happens if I use dodgy crap in a post?

Do it in a company structure and pay 30%

I’d say the same thing that has happened in Tasmania over the past three years. Investor demand lifts soft prices to a new level, growth slows, yields fall. Early in investors sell-up starting anytime within the next 6 months to lock in profits and chase returns in other markets. Late comers pay higher prices for lower yields and have a little…[Read more]

Geo – you are beyond naive to think that not listing on the ASX has anything to do with returning money to reps. This is a two bit company that has Total Worldwide Revenue (not profit) equivalent to 2% (that is two percent – no mistype) of Telstra which is almost entirely Australian based.

As I mentioned before they have stopped reporting…[Read more]

I disagree about increasing rents. I think they have been stagnant for the best part of 5 years in Sydney. In places it seems as if they are going backwards to try to secure tenants. too many investors perhaps

check out this thread at somersoft – great read and may give you some ideas.

http://www.somersoft.com/forums/showthread.php?t=18101

Can’t help you with the west coast sorry. Naturally prejudiced against it being from the north originally

Why not take another job for 2 months to make some more money to use for your own investments. If you are money poor why have a holiday – do something about improving your financial situation.

You have zero chance of anyone giving you money for a jv as you bring nothing but spare time to the deal.

Seems to be a common thing with smaller towns, and even larger ones such as in Tasmania. It’s hard doing something different to the norm. I think marketing outside the area is a good idea though.

Good luck with it.

So kp – tell me what your definition of a remote town would be then. Dubbo, Bathurst, Horsham Townsville, Mackay, Launceston, Devonport etc don’t qualify for me. Broken Hill does. BTW ALvin mentioned OUTBACK towns not REMOTE. Your average Outback town doesn’t have large populations.

If you are excited by an 8.5% yield in the boondocks I’m happy…[Read more]

Don’t try and put your own meaning into my words Calvin and kp.

Alvin is looking to make his money where the big money has already been made.

If you choose to live or invest in remote towns of a few hundred people that’s your choice. It makes no sense whatsoever to invest for the future in a remote area.

Look to Richmond’s comments for some…[Read more]

You seem to be doing this arse about face. Surely you should have these questions figured out PRIOR to investing. Do you have a plan/set of goals, an exit strategy?

I would advise you to learn more before you purchase again, no matter where – you have taken action before thinking about all the factors which is folly.

Having said that – your…[Read more]