Thanx for previous comment Bardon, Good helpful advice.If possible may I ask your source for the dates and imfo on the Gladstone plant pls ?Cheers.

Thanks for the cruel but fair advice W4L,Affordability is the word…as not being a millionairre.I have one as my P.P.R. and think I just bought  another of the same properties youre advising me to look at, in my local area. Your cliche' safe neg geared, slow steady grower, good infrastructure, ameninties,  location, and as you say …bla.  So a…[Read more]

Thanx IP, The area is mentioned in last Sat Fin Review, that the jobs lost in the Qld coal sector ie;Mcaurther Coal.., will being headed to the Gas fields in Surat and Bowen Basins, were all the large foriegn energy companys I talked of in first posting, are all mentioned in the article as keenly investing in the area.Gladestone is up and running…[Read more]

Eddie, Thank you very much again.The imformation is greatly helpful … all is quite complex but will be seeing Neal next week to hopefully tie it all up asap.Cheers,David.

Eddie,Thanx very much for your reply. My income is $87K gross p/a and my wifes is $47K gross p/a, plus the $120 rent p/w from property #3.Again I am pretty low on the knowledge in this.re; discretionary trusts. But will speak to the accountant about it.Then again do you by any chance know of some one with trusty knowledge of this to refer me to…[Read more]

Thank you for your advice Steve,I think I understand your tip on targeting the correct demographic with the correct level of reno standard. From my words with local property managers it seems that a less costly tidy clean look is suffice for the more blue collar tenants in these streets of the area, since there is more expensive up market hou…[Read more]

Qlds007. Would you mind if I phoned you this Monday 27th Oct ?What time is best for you ?Regards.

Thanx for yr comments Qlds007.Sorry if sounds confusing….  Basis of the post is to find advice on the use of setting up a Company to try it another way to obtain credit for more investing when have been told by my bank that am near my borrowing limit.  Re; try other banks.The lender CBA that Ive all my exsisting loans with (and first asked for…[Read more]

Thank you god of money!Am getting the gist its not the best even if a good yield and sub div is possible.Appreciate the advice.May take heed of what youve said and research the soil condition and current land value figure and offer that as a long shot for the knock down sub div. in the future.Cause the growth potential in the area is staking up.Regards!

Thanx Yarpos, I may have a build and pest report to check the severity of damage and extent /quote of work needed.I live in QLD and yes the distance is of concern but my reasoning is that close to where I live is beyond my price range for what banks are preparred to lend. Claculated on cash flow and equity thats appox $180K with a $200 p/w r…[Read more]

Mr Scamp, I understand your sound advice to invest in the safe bet of gold.  A historically proven safe step in a downturning world economy…So, (as per China /India demand for Australias Coal ) isnt there obviously a lucrative (with a well timed exit strategy) property investment oppurtunity attached to this demand , proven by the current incr…[Read more]

Mr. Scamp, Admiration for your cautious words.Your intention seems to be one of a helpfull nature not simply random rehtoric….i hope. Due to the reality of lenghthy and desperate Sat morning line ups and ever increasing prices for renting a property across the majority of city and selected country areas (ie: booming W.A. and NTH QLD Mining tow…[Read more]

Some questions regarding the R.E.S.U.L.T.S. mentoring program;1.With all the new and established discounts and figures be offered, am slightly baffled. What is the outright price to pay for a one on one mentor? 2.Can you pay in stages, if so what amounts and time frame?3.Are the accounting/legal costs needed throughout the year set within the…[Read more]

Thanx for that help…I feel its worth getting pro advice rather than risking faults for saving small $'s in the important initial set up. I have contacted a group I found on the forum in Maroochydore QLD near me. Active Finacial Answers.They have quoted $300 per hour rate for their services. Is this standard for sound advice or too ex…[Read more]

Gday,This is my virgin visit to the forum…your a wealth of knowledge!Have been researching a property( havent visited yet) in Nebo (4 br, 1 bath house with 3 car shed ) area as entry prices are a bit lower than Dysart which you seem to give the great wrap on. What realistic rent should I be looking for on that one you reckon?How sure is the…[Read more]