Thanks for all your posts.

Special mention to LA Aussie!

I have taken all into consideration, prior to my posting I had already been in contact with three agencies to get a feel of the market, each self promoted there organisations extremely well and I didn’t go home empty handed.

Glossy brochures, magazines, marketing proposal’s and page…[Read more]

Just another point, make sure the unit isn’t apart of a stratum development. These are hard to obtain finance for as your interest as owner is only registered on title via a caveat. Banks do not like to lend money for theses properties as they can only register their interest as mortgagee with a caveat, this does not allow them the right to…[Read more]

Depending on the area, a car park can add 30-40k to the value of the property (CBD). If your intention is to rent the property and it is close to public transport and a university, then it may be a good buy to pitch to the student market. Be aware though buying a property without car parking limits it marketability. As MIKE JACKSON indicated,…[Read more]

Lily

The API is the Australian Property Investor’s magizine, it comes out monthly and can be picked up at your local newsagency.

http://www.apimagazine.com.au/

Thanks Eric

I have read the article in API’s May edition, that’s what prompted me to write in the forum. I have also read John Forlee’s book on property development in Australia, a great book which provided a substancial amount of information. I am now looking to put things into practice and perhaps are seeking advice on the practical aspects on…[Read more]