Hi Jetstream.

I would still try the uni web site you never know. News papers should work well if you make the propery sound inviting. Make shore you use some type of application form this often seperates the man from the boys.

Cheers
Craigc.

Hi Kay
I know that your coments where related to that street only. I just thought that Davids comments may have been a bit harsh.

Regards []

Craigc

My 2 cents worth [?]

I like Kay belive that interest rates will move up but only by a small amount. But that may be all it takes to push some to the point of sale, for they may fear that the bubble has or is about to burst & thier place will drop in value. This will increase the amont of properties for sale & give the buyers more choice. This of caurse will then be a buyers market, people will be willing to take less for thier property so as you buy thiers & not the one down the road. This of caures then drives the prices down.
It may be a good time for use all to be looking to increase our property holdings as rents will more then likley stay put.
As we all know this is only a prediction on what might happen. So all we can do is wait & see.
Of caurse there will be those inverstors who will be troubled by a price drop.
But just remember you only lose if you panic & sell at times of low property values. If you hang in there & lets face it most of use are in it for the longhaul things will bounce back.

Cheers
Craigc.

Hi David.

Gee’s dave you have given Wagga a fair payout.

Did you say that you have been living out of the area for three years. If so your imformation may be old. Just thought I would bring you up to date.

1/ The big company that was to come to town did.The company is Salmat, they handle all the call centres for Telstra, and yes they did employ about 200 people with more to be employed as the centre expands.

2/ The current social situation in Wagga has improved greatly over the past 2 years or so. I have often walk the main street of Wagga after 9pm & have never had to defend myself or been harrast.

3/ Kooringal is not such a bad area as Kay has said edney st does have it share of problems but you show me a suburb anywhere that doe’s not have good and not so good streets.

4/ They have got someone behind bars for that brutal murder of the todler. & yes it was the stepfarther. To say that the area is notorius is a bit harsh as there are some good streets in that same suburb.

For all those reading this post, no I do not live in Wagga, But I have lived very near there for the past 15 years, and I do spend a fair bit of time in and around Wagga. So please do not wright of Wagga altogether its not such a bad place.

Cheers.
Craigc.

Hi All
In relation to loan costs i.e. establisment fees. I have a setup with the NAB in rural NSW, I pay then $350.00 per year this includes all ongoing charges i.e. check fees, establishment fees, 2 cards and a hole lot more. this is paid once a year and I can apply for as many loans I wish and there is no more cost. This only applies if you have more than $150k tied up with them. This may seem to some as alot of money to pay. But if you sit down & add up what you pay the bank every year it works out better value. ( well it do’s in my case.)

Cheers
Craigc

G’day Bill

I have just had a thought (o my head [xx(])

Since you already have a very good contact at the RTA why don’t you speak to them about leasing the centre of the many roundabouts that adawn the streets of Sydney.

There is so many things that could be done with the right team & a bucket of money. ( drive by movies for one )the list is almost endless.

Let me know how you go.
Regards

Craigc

Hi nmcace
One of the main problems is that most banks will only lend on commertial properties over 10 years.
I have one that at the moment is O.K, But due to some changes it may fall into the -cashflow next year. ( but thats another story ). Have you checked with your bank on the term of the loan. You stated that “one of the shops is rented “
Why only the one & how long has the other been vacant, Why did the other tennet move out.
Just some thoughts
Regards
Craigc

Hey Prop16
You may want to rethink the public toilet idea, the excess water charges would be a real killer. Plus just say you bought 10 of them you would have to spend most of your weekends cleaning them & despossing of needles. Plus to paint the insides with that graffetti proof paint is very expensive. So if you do go ahead you need to be charging at least $1.35 for half flush (No1’s) & $1.90 full flush (No2’s). You would also have to pay GST. So if it was me I would just stick to the plain BSS.
Craigc

Hi Nat.
I only just had my rural property valued by an inderpendent valuer. And I was disapointed with the figure that he came up with. I asked why he had only valued my property at $###### when surrounding land values seemed to be selling for a lot more. He said that he will not be caught up in the unrealalistic prices that are being paid for properties at this point in time. Although this was a bit of a shock to the system I can understand where he is comming from. HE did say that it would no dought get at least $###### more on the market today. As this did not affect my loan I was not to concerned, & I had no intention of spending another $550.00 on someone else to value it. While on the subject, is $550.00 a normal type of price to pay for a valuation. As far as who do you use for the loan, I have to say that I always shop arround for my best deal first, and then I take that back to the bank manager who I have been ussing for many years, For him to either match or better. I find that ussing the same bank manager makes life a little easier as he knows my finances inside & out.
Craigc

Hi DavidC
My wife is a health service manger with the Greater Murry Health Service. ( Riverina MIA area ). Payments are made for private home & insurance ect. As I said I only have limmited knowlage of how her situation works. But my accountant, Who also takes care of our bussines keeps tell her to do it, and he has not steered me wrong over the parst 12 years or so.

Craigc