The whole north cost is looking great. The poorer sections of Launcestion have got to go soon when the housing commission gets out. Launceston has a developing cafe latte/bakery set at the mall. Devonport has yiedls a bit low or our liking. Nice town and it has the boat to melbourne. Burnie is just about to boom with the new residential…[Read more]

We just enjoy people spending big on plasma TV, home entertainment, going out on dinners, spending money on new cars and mag wheels. Fantastic stuff. Most of them will need to rent our properties a lot longer than they intend. The ‘now generation’ is great for us who have considered tommorrow and don’t want to be working then. Just managing…[Read more]

Step one – What is your goal? Finish work in 15 years? Have 20 IPs? You gotta have a goal, a vision, you gotta believe in it, then live, breathe, talk about on this forum, talk to others. You can move you vision accoding to future opportunities but you do need it to justify your energies and efforts. BEGIN WITH THE END IN MIND. (S.Covey)
Step…[Read more]

Check the date of the expiry on the development consent. In NSW they are usually two years. Get a copy of the development consent and ring the local town planner for a meeting. You need to quickly establish how much time you have before building. You can usually extend the consent by 12 months but 12 months only and only once. No ifs or buts…[Read more]

It all depends on what you wnat out of it.
What is the purpose – Future Planning or Financial Tracking.

We designed ours in excel from the tax time requirements. We also use it to check off rental payments and PM payments against the bank statements. The spreasheet is also useful for presenting to our loan broker when we want another IP loan.…[Read more]

You gotta have a goal. We have just moved our goal from retiring in five years down to three. Why? Because we are not keen on working increasingly stressful jobs. We are visioning WOT time. That’s Work Option Time when we can choose when and who to work for instead of breaking my back picking chestnuts and apples.
So how are we going to do…[Read more]

Why not call soe of the local real estate agents who are managing properties in Grafton? I note 6 on realestate.com.au and 21 on domain.com.au That is not many in a town of 18,500.

Make sure you know what Council yu are in. There is the Launceston and then there is the West Tamar council.
Next check for any covenants, easements or ‘restriction on user’ on the title.
Next, make an appointment to meet the local development control planner to seek helpful advice on your proposal. Do this BEFORE spending any money on plans.…[Read more]

I would suggest sending a letter address to the CEO or General Manager of the Shire requesting your required information in a polite manner. Sometimes there may be other reasons for unhelpful Council planning staff such as workload. It is easier for planning staff to prioritise workloads if requests are written rather than just coming to the…[Read more]

Make an appointment to meet with the local town planner. Do not expect to just walk into the Council offices and get all the info you need.
When making the appointment, advise the address and what sort of subdivision is being considered, say two lots or three etc. Also what is on the existing property ie single house, garage,carport. Go and…[Read more]

Don’t be scared of the apple isle. I initially was very scepticle of investing in Tas due to the shrinking population. But the deals we got gave me another view of the opportunities.

And now the population is rising as old Taswegians held back to retire to their old haunts. That is moving the prices upward.

CF+ area we noted was Ravenswood in…[Read more]