Hi guys,

I’m involved in a cross continental MLM with training conference calls to the US and our group have all hooked up to SKYPE. Everyone who registers, get SKYPE to SKYPE calls for free and calls from Oz to the US is 0.02c US per minute. Outlay is a headset with microphone.. we think its pretty cool.

I just love the fact that competition is rife. A mate for works up contracts for telstra was saying that Telstra are finally realising that they are missing out and are becoming more agressive with their cost structures/plans. Long live healthy competition for the consumer benefit.

Cheers
Brian

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Hi again,
Yeh, Port Headland lies between the ocean port and the BHP refinery and lots of reports of potential environmental pullution for the town folk. Its only in the discussion phase but watch that space.

Cheers Brian

Turn your home computer into a high profit
centre with the amazing ABC AutoBiz system.
Test drive it free here: http://www.leave-the-rat-race.biz

Hi Rigby,

Difficult isn’t it! Perth people dont like paying rent. Not like you hear other states proudly quote. Rent on ave can take upto 9 yrs to double which if you did your maths would make the deals look completely different. I suppose the longer you keep the property, the better the return could be.

Into the equation, CF+ areas may show limited CG. Normally high CG is seen within 10kms of Perth CBD or near the river or beaches…blah blah and cost you a fortune..!
Look at the 5-10yr CG% for these areas? Does it fit with a profile that allows you to tap into the equity generated for future investment purchases. If you purchase well – Locality to local facilities, shops, fast food stores, schools etc, in addition to the presentation, security and depreciation costs allowed to you. Ensure if you use a property manager that you dont pay them >8% (hope for 7%)and they with you select your tennants well. If the property looks like a rats nest and smells like a rats nest, its probably going to house rats.

If the property you select suits your own profile and fits in with your portfolio goals, a CF+ deal with +ve CG is well worth consideration.
Look at the figures and keep it mathmatical in my limited experience, its like running your own business. Run it at a profit!

Good luck

PS.Interesting Statistic I learnt this week from local real estate agent. There is over 1200 agents in WA, and only 800 in NSW. Based on that, Competition for your business should be high. It means you can have a real good professional relationship with them.