Forum Replies Created
Kaza45, we all feel ‘swamped’ at times with various problems and issues, having a problem a IS NOT anything to be embaressed about, irrespective of wether YOU concieve that by helping family friend you have done something wrong, their the ones who should be embarressed if they have done the wrong thing.
Chalk this one up to experience and look ahead, it WILL get better[
][][]BC
This is not a silly question, and i’m sorry if this sounds like a silly answer, but what type of areas have you been looking in for 2 years with no luck[?]
I will give you credit for not being a quitter.[
]BC
good morning slatzagain, its great to see someone showing some initiative and trying to create an opportunity, in an increasingly difficult market, as opposed to complaining that you cannot find something in your first hour of net searching.
In relation to your points, I believe they have merit, especially about hospitals and staff.
In regional NSW the hospitals have difficulty in attracting Nurses and Doctors to work on a casual/as required basis. As suitable accomodation is not always available or does not meet the high standard required by Doctors, I am sure a market can be found.
It should also be noted that generally as part of the employment package accomodation costs are paid or subsidised by the hospital. This would result in some form of security for your investment.
No doubt someone already knows this and is doing it, but find a town that requires it and investigate it further, just give me 24 hours head start[
]BC
Good point ALCHEMIST, I was reading my local real estate paper today, and for the first time that I am aware of the RE agents have had to resort to having ‘open houses’ to encourage renters!
I can assure you that these properties are NO where near being cash flow positive. And I dont believe they ever were.
For this reason I really feel for the investors (or locals) who done the research and were smart enough to come here before the the ‘buying frenzy’.[
]One day the rental situation will catch up, but I am glad I am not paying for an empty house until it does.
BC
Chiara, I have never heard of this crowd, which is not surprising due to where I come from, but on face value (the way you have described it) it appears to me to be the biggest rort I have ever heard of.[}
]I can just imagine having a bus load of ‘desperate investors’ pull up outside a house for sale, or for that matter any thing that even looked like it could be for sale.
I can just picture it, the salesman would start at the idiot, sorry I mean ‘desperate investor’ in the front seat asking for an offer and lord only knows what it will be by the time he/she gets to the back seat!Does the word gazump mean anything to you[?]
It sort of reminds me of a trip to bangkok, the guides would only take you to the shops that they had an arrangement with (kickback).
To me it seems the only people to benefit from this are the sellers, salespeople, and bus company[
]Why dont you just jump in your car and go for a drive, you can stop when and where you want, and you can look at all properties, for example, last weekend I took the family for a drive to Canberra to watch the RAIDERS play and enroute I checked out all the property shops on the way, try this approach.
It can be a win-win, my family got to spend the weekend in canberra, I got to watch the footy and check out property. And I didnt have a middle man trying to rip me off.
BC
apollonia, maybe you could buy a neg geared property to offset this gain[
]BC
I would say the locals have answered that question with the(disportionately) high number of houses for sale in cobar.
This brings me to another point that I have been pondering…. I think I will ponder it a bit more. Though I think the less ‘desperate’ buyers could guess[
]BC
aussierogue, this is not quite what you asked for but I would be concerned about the credibility of the names ‘indigo’ and ‘astrid’ once your baby has pasted the age of about three. Obviously I prefer the less ‘trendy’ names, remember you dont have to go thru life it.[
] BTW Hannah is the pick of them[]BC
Trisha, I cant afford to buy them, so I guess I’ll
never know []BC
][
]
]
]
