DanielB wrote:
P.S, Don't count on any major developments in Hobart sending values up – nothing happens here quickly and I highly doubt we will see the Korean development spring up anytime in the near future.

Hi Daniel.

I think you are misunderstanding the mentality here, demonstrated by saying "nothing happens here quickly…."

Nothing…[Read more]

mattsta wrote:
Personally, I'd go for a longer term rental. I'd rather have the consistency, and it will be much easier to get finance – and since it's less of a hassle, it could mean more time for you to focus on growing your portfolio.

I agree.
Holiday Rentals also have alot more risk involved in finding a tenant (construction work in the…[Read more]

BandD wrote:
G'day,

Is anyone familiar with or had any dealing with NRAS 
(Thoughts, pros, cons )

thanks
Brendan

Biggest issue is valuation and purchasing the property at the right price.
However I believe in most cases the $10,000k tax free benefits, and great gearing benefits offset the overvalued prices.

Good luck getting your hands on…[Read more]

2 Toilets for sure.
Especially for that size house.
In my opinion, its a no brainer

wakebrownb wrote:
Hi JAmie,in Emerald pretty much anything is in demand, dueto the shortage of properties. I was only doing it for the value adding proposition. I'm lucky enough that my employer gives me $16k per year to do improvements to  my PPOR and I was thinking of moving back into it and doing the work and renting out my current PPOR

I…[Read more]

Great response from Danielle.

If this was really from a telemarketing style promotion, i would say dont even bother.. if it was presented through someone you know or someone reputable. I would agree with Danielle, if you have 21k to throw away, why not ?!
For most people however, 21k is not worth a huge risk, when you CAN make good money with 21K…[Read more]

As the others have mentioned, park it.

Surrounding yourself with good people is definitely the key.
Learn from their mistakes, absorb their wisdom

Hi Melissa.

I think clarendon vale and rokeby are better areas to go for in that range in hobart.
Especially with the new suburb being built by the koreans
http://www.news.com.au/finance/real-estate/hobart-set-to-get-korean-suburb-after-green-light-given-on-900m-development/story-e6frfmd0-1226260664265

My tip is that with a bit of time, these…[Read more]

I have always called the Council.

As usual when calling a council you might have to 'push' a little bit to make the person understand that you actually do want their help with something, but somewhere there will be able to access these records.

Carl