Hey Freckle, have already done 2 renos here in Perth- our equity position allows 2 purchases. However one of our rules as we accrue property is not to spend more than 250k per purchase. This excludes pretty well everywhere in Perth (houses only) that has solid growth fundamental backed by positive cashflow.Only place that has legs based on the…[Read more]

Hi Latham,

Welcome to the forum.

mate quick background- my girlfriend and I were in same position few years ago. A one stop shop company was recommended to us. We bought 2 Off The Plan properties from them 400k each with 2year time frame to settlement. Their in house finance guy promised we would get loans over the line and how strong rental…[Read more]

Cheers Freckle, good information-

Hey Freckle,

you seem to have a very well rounded concept of cause an effect and how various stressors have the ability to affect local and overseas markets and their respected macro and micro economies.

I'm interested on what you would suggest for young investors (sub 30) who are generally leveraged higher to build up their portfolios in their…[Read more]

Hi Jamie-

mate from what am told pretty standard setup.

One stop shop- they offer house an land packages, Organise finance and then manage the rental of the properties upon settlement. Apparently no upfront fee but have warned of valuation issues depending on the commission amount that is added to cover companies cost above the market value upon…[Read more]

BMT hands down- professional/ thorough and Money back guarantee in that if they cannot get you double the cost of the report (ie: $1340) in first year. Cant beat that!

Hi Matt,

have been keeping my eye on Toowoomba for a while now. There is a hell of a lot of stock on the market under the 300k bracket.

I reside in Perth though did a trip over there a few months ago to have a sniff around and chat with some agents; I would suggest Newtown and pockets around. As far as the lower socio economical areas include…[Read more]

Bullet46,

Thanks for taking the time to scribe your thoughts and local knowledge of the area.

Have crossed Wilsonton Heights off the list and have a place in Newtown under contract.

Again thank your prompt response

Hey guys- looking for someone from toowoomba as looking to pick up a couple in next few months. Can someone tell me why Wilsonton and Wilsonon Heights are such bad places within the area? Does anyone have an investment property in any of these suburbs an if so how have you found putting tenants in etc. cheers 

Hey guys, looking at picking up a couple in Toowoomba too but do not lie in the area. Can  someone tell me why Wilsonton and Wilsonton Heights are considered no go areas? And if anyone has a property in any of these suburbs what they think from finding a decent tenant an investment stand point! Cheers

Thanks for your responses guys. Really appreciate taking the time and offering thoughts.