Total Members: 159,074

FIDO

  • FIDO replied to the topic EOS property group – Karratha townhouses in the forum General Property 9 years, 10 months ago

    For anyone interested – actuals below on these 1 bed units in Karratha:

    Build time 2.5 years
    Total Cost (exc interest) $437k
    Market Value approx $320k
    Rental return $450/wk if you can rent it

  • FIDO replied to the topic Which way out of the Pilbara? in the forum Help Needed! 10 years, 4 months ago

    Thanks for the PM’s

  • FIDO started the topic Which way out of the Pilbara? in the forum Help Needed! 10 years, 4 months ago

    I’ve made a couple of bad investments – a development in Karratha and one in Port Hedland. Both are one bed apartments that took over 2 years to complete….. Key points:

    – I can sell both, gross loss of $200k – if I can sell, cost ~$275/wk gross
    – I can rent both at a combined gross loss of $650 per week at current market rates.
    – Unrented is…[Read more]

  • FIDO replied to the topic About to become an “Armchair Developer” in the forum General Property 10 years, 6 months ago

    Hi Crido
    Have been researching  EOS / Armchair investor and came cross this. Sorry for all the questions.
    Did this finish on time?
    What rate interest was this financed at?
    How much equity/rental yield resulted?
    What was the communication like?
    What about build quality?
    Would you do it again?
    Thanks

  • FIDO became a registered member 10 years, 6 months ago

FIDO

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