Thanks Treasure Hunter.Yes I emailed the same county via the on-line form. It says I should receive a response within 2 business days.I am not too bothered about the 8-12 week waiting time as I will be busy at work in the short term, so all OK. Thanks again.

In order to begin investing in tax liens, I understand I would need to get an ITIN by submitting a W7 form with a supporting signed letter from a person or entity that is required to deduct the withholding tax from your payment, on their letterhead.Does anyone know how I can get a quick copy of such a letter? Do I just write to any county and…[Read more]

sapphire101 wrote:
There are literally hundreds of thousands of deals available now across the US. This is not an exaggeration of the numbers. I use software that brings up many of the bank owned properties daily. You literally just have to choose any state, and city and property selling anywhere from 2c to 90c in the dollar will be selected and…[Read more]

Hi Bek, Dean and Steve,It would be fantastic to hear how your property hunting in Texas went. In particular, I am considering Austin at the moment, actually have some driving there tomorrow to have a look at the area. If you have any opinions on Austin, they would be most appreciated.

That's interesting. Did you buy in Springvale?

Good comments. Since May 09 when I wrote my last post, Springvale prices have gone from strength to strength. I would say the prices have gone up about 50% in 2.5 years based on what I have seen and I do keep an eye out for Springvale as I now live in the suburb so I believe my estimation is close to the mark.

I agree. Springvale is a great area very popular with Asians and immigrants who come there being close to markets, restaurants and shops. Many come there to live so there is a high owner occupier rate. If you can get a place close to the railway station, you will have a good investment. Renters are easy to find and will pay top dollar. Yields can…[Read more]

Hey Propdeveloper, did you end up proceeding with the development?Curious,Wigam

Tim, are you still holding onto your Springvale property and how is it going?Reason I ask is we also have a property in Springvale but don't visit there much. Any updates on interstate and overseas migration welcome. I understand a lot of Asians are still moving into the area and there is a massive undersupply of new places for them to buy.

Springvale has had 19% growth over the past year to 30 April according to Australian Property Magazine August 08 edition. I had family who moved from Western suburbs of Sydney to Springvale and in that time their former suburb declined in value by 2%, so has done well.Any one have any updates or views on Springvale?

Yes I'm looking in Panama for investment property.I have come across a 1 bedroom unit in Essenza, in Costa del Este – an area that is booming and is full of new developments. Under construction.Do you have any reliable contacts to offer their opinions on the various property options in Panama?Hope you are still active on the forum.

Hi Hawes,I would like to take up your offer of understanding the property market in Panama.I know about the planned expansion of the canal as one good reason to invest there.With the high AUD:USD rate, it is attractive.What do you think of the Essenza development in Costa Del Este – this is an area that is booming and is full of new developments.…[Read more]

Not sure if you are still looking to buy in Vietnam.I have done some research in Vietnam and have found Danang excellent value when compared to Hanoi or Ho Chi Minh.Half the price and excellent prospects. 3rd largest city and huge development planned, including a new oil refinery not far away which is attracting lots of foreigners to work there…[Read more]

Malaysia has recently changed the law so that capital gains tax is no longer applicable. i.e. same as Singapore.However I still prefer Singapore as there is much better building quality. Malaysia does carry stories of poor building quality and builders going bust leaving half finished developments plus there is the corruption which doesn't exist…[Read more]

Does anyone have further thoughts on the Ipswich area? Prices seems to have gone up about 10% this year alone. They have been going up steadily since 2001.Is the bull run over and time to look at another suburb or is this only the beginning?Type of houses eg. worker's cottage, Colonial, queenslander – does it matter for capital appreciation?

Hi, I a new to this GST and property development stuff. I am interested in understand how you say you can claim back the GST. How is this possible as a developer? Can you be an individual investor or do you need to be a company?

We find comfort among those who agree with us – growth among those who don’t. Frank A. Clark.

AUSPROP, thanks for your comments. You’re probably right about the others in the area being done by builders themselves. I don’t really understand what you are saying with respect to GST. The price I would get for each townhouse is $330,000 each as this is around what other townhouses are selling for in the area. So no extra there. How about the…[Read more]

LIke Giddo, the original poster, I have a block of 680 sq.m and have a builder quoting me $10000 per square to build 3 townhouses of 18 squares each. The numbers I have tell me to pass over this deal. Is it the builder’s quote that is breaking this deal? Can anyone assist here? I see others building similar townhouses on similar blocks, so it must…[Read more]

Hi Fullout,

Came across your question here whilst browsing the site, as I had a similar interest.

I was wondering what you thought of the Maidstone suburb now, since it’s been 3 years from when you were looking at suburbs that are undergoing developments. Do you think it’s now fully developed and has this improved the suburb? The prices have not…[Read more]

Hey TT man, are you still holding your property in Maidstone? Prices have been very flat recently. I am looking to buy an older house there on a large block, but am concerned as you are.