Forum Replies Created
- jeff2tract wrote:Gullotemi,
I read the article that you posted. I am amazed at all the people that are purchasing in the Sth Florida area, I know that there seems to be good deal out there but as far as capital gain is concerned there are better area’s in the USA.
I am investing in cities that has good vacancy rates, unemployment figures are promising and in some area;s there was no housing collapse.
Getting positive cash flow around 25% net
Jeff
Like where jeff???
You have to do research to a degree! and then with the information provided. When the so called agent cant answer basic questions, is angry and rude and when you cant get any factual data from him you have to wonder. You don’t pay an agent over $4000 to do ALL the research and work yourself. This is why you use them in the first place. I am yet to see/meet/speak to andrew A but will let everyone on here know how this all turns out. All I have had so far are promises of many riches and a amature salesman trying to get me to sign everything under the sun without being able to even find the city he was referring to on the US map.
I hope I am proven wrong and I hope all these glowing references are not just from friends/staff of the company…
I asked the exact same thing recent in another thread and have had not a single reply…..
JacM wrote:AussieFly wrote:So what do people think are the pick suburbs of Melb with regards to investing.
Anywhere for around the $300K mark??If looking in the West, Tarneit. Due to receive a new train station on the Werribee Line at Williams Landing. Due to receive another new station on a new section of line in Tarneit itself. Expansion of Werribee Plaza on the horizon. Loads of schools…
Or you could take a punt on Laverton. It is indeed going up in value due to its train station upgrade, and proximity to city. It's still got a way to go in terms of cleaning itself up, however developers have already moved in and started work on building units and townhouses, so that is all underway…
Do people think these places will rent though? I am have seen on API MAG that the rental vacancies of these places are bit high?
This is my first Investment property and therefore cant afford for long term unrented..So what do people think are the pick suburbs of Melb with regards to investing.
Anywhere for around the $300K mark??
