Slide one my way too Rugbyfan. Thanks for sharing…

tvandoore[at]hotmail[dot]com

much appreciated
tim

Money is an elastic resource, it can be created. Time is not.

My thoughts exactly….

cheers guys
tim

Money is an elastic resource, it can be created. Time is not.

Does the lease holder have to live at the rented property????

thanks
tim

Money is an elastic resource, it can be created. Time is not.

Namaste,

Could you please send me that spreadsheet. Im always after new gadgets to fiddle around with….

My email is tvandoore@hotmail.com

cheers
tim

Money is an elastic resource, it can be created. Time is not.

275 000???? is that dollars???? if so thats not a good record to have…

tim

Money is an elastic resource, it can be created. Time is not.

If you buy with a good real estate agent they will often help you out in this area. After all, they want to see you buy the property off them. And all they do is sell houses, so you’d imagine the average vereran agent will have seen more handovers then youre average home owner.

A freind of mine wanted to buy a house went to the front counter of…[Read more]

Hi PatLow,

You may find that the room must be refit with new carpet, paint, etc every five or so years. The management gets the work done and the bill often goes to the investors. This should be in the contract.

I looked at a similar situation in Brisbane, but after having a long talk to some of the onsite management guys, I discovered that the…[Read more]

I have checked this out, and I am told it is called sub-letting. Is this the correct term for what you are describing??? I am told it may be illegal. After all, why would the property owners want to rent the place out for a low price, only to have someone else come through and make a profit.

If you live in a room in the place I think its ok, but…[Read more]

Interesting prospect…. I have considered this, and my initial impression was one of high risk. I then dismissed the idea, but with the mention of it I will investigate it out more seriously.

cheers
tim

Money is an elastic resource, it can be created. Time is not.

Interested also, please email details to
tvandoore@hotmail.com.

cheers
tim

Money is an elastic resource, it can be created. Time is not.

I couldnt agree more, hence my scepticism… I expect to invest time and hard work to find a good deal, not have one shoved in my face. And, like you said Ian, if there are other investors not snapping it up then there must be a reason.

cheers
-t

Money is an elastic resource, it can be created. Time is not.

Yes, but we all know the way ACA does things.

However, I find it most interesting that Today Tonight did a pro-vendor finance peice on 16 September, 2002. It showed the flip side of what A current affair show tonight.

People are interested in facts, not a good story (or is that the other way around….)

blowie

Money is an elastic resource, it…[Read more]

Any interest for a group in Brisbane of this nature????

tim

Money is an elastic resource, it can be created. Time is not.

This is a link to the types of units in brissy cbd.

http://www.raywhite.com/cgi-bin/rsearch?a=o&cu=fn-raywhite&t=rw-uns&id=101031379&s=QLD&ag=&snf=&c=33164203&tm=1069401484&p=10&f=&header=

The agent has it advertised as a “positive cash flow investment”. There are many others from different agents.

Of course, it just seemed too simple. Which…[Read more]

No, its not in New Farm… its a private sale I have sniffed out… um… elsewhere. Thats the beauty of having plenty of time (uni holidays). But at the same time having the struggle of being a student on limited income and options.

Yes, the place in the city is called uni lodge. Very high b corp, but it would seem that this would be offset…[Read more]

The units in the city are right near a few universities, and are rented mainly to international students. Very small (20m2) but rentable, claimed 98% occupancy.

The suburban unit is only 1 bedroom, in a good area but does need renovating.

ChrisB, I was not aware this was the case. I have about 20% deposit, lowering the loan to lower my…[Read more]