beamseeker wrote:
Gday,This is my virgin visit to the forum…your a wealth of knowledge!Have been researching a property( havent visited yet) in Nebo (4 br, 1 bath house with 3 car shed ) area as entry prices are a bit lower than Dysart which you seem to give the great wrap on. What realistic rent should I be looking for on that one you…[Read more]

Hi Tim,Just got back from Dysart, and it seems as bouyant as ever. Existing mines are augmenting, and there's a new mine going in to the east of the town.I can't confirm about the subdivision rules, but can recommend Paul Ingledew (Mackay 07 4954 8535, 0419 712 277) for building inspect. I've used him twice and he does a thorough job. He teams up…[Read more]

Also, the local council is pretty fussy about the type of accomodation going in. They are particularly against single person accomodation (dongas). You would find the going easier with family homes.DaedalusHey BuilderBob, pity I didn't know you were in Dysart sooner, I'm going there this weekend to do some maintenance on my property there. Even…[Read more]

Hi Mark,I think building would be more expensive than you might expect. Local builders would be expensive (based on some quotes for maintenance work that I've had), and as you've read above, accomodation is tough for visiting trades.Having said that, the established houses are pretty simple i.e. not an expensive looking design.There are a few new…[Read more]

BuilderBob wrote:
" explosives plant looks like its back on the agenda " I was told it's a no go and never get off the ground, but with the joining of shires maybe some thing has changed?

Dyno shut the project down, but I'm told site activity never stopped. A few weeks ago I read in the press that the project was being reviewed again…. but…[Read more]

Hi BuilderBob,I have not researched Proserpine, but I'll look into it. Thanks for the tip mate.Daedalus.

ashara wrote:
Does anyone know about Moranbah in terms of projected capital growth and mining activities around that area?I'm considering to buy property in Moranbah with positive cashflow. any tips in terms of what to look out for?How accurate are the projections from Property Investor magazines?Thanks,Harry

Hi Harry,Remember that they are…[Read more]

Research.If you've built a $6M business, I don't understand why you see this as such a setback.Daedalus.

suavemechanic wrote:
i only show my tattoos to people who have tattoos and i try to only discuss investment with people who have investment property.this policy works for me !units can be great as a " set and forget " the areas you mention are full of them so some one thought it was a good idea !good luck

I agree.Find someone with a number of…[Read more]

Hi guin_ness,I was at the weekend too – wasn't it great? (I was the guy with his arm in a sling – it was a great conversation starter so we might have chatted )I'd identified these towns about a week before API published on them, so by the time I acted my first 4 choices were under contract. That said, my thinking was along these lines:1. I tried…[Read more]

Hi Matt007,I haven't been to Ayr or Townsville, so can't really offer an opinion on them. As I understand it, a fair proportion of Bowen Basin coal goes out through Bowen, and Ayr isn't far away. If there's infrastructure development going on, that's a growth sign though…Regards,Daedalus.

Kristy Maslen wrote:
Hello, I am just wondering if you need some sort of permission to copy an add off realestate.com and make an example of it on your  email below?? As the owner of the property you make comment on I am not particularly happy with this and will be seeking advice as to whether this is allowed to occur….Thanks Krist…[Read more]

The Residex Best Rents Report predicts strong growth for Liverpool units and higher than average current rental yield. There are no suburbs in the Sydney area with house rental yields and predicted growth sufficient to make it into the report.Daedalus

Hi,It's easy enough to do yourself online on the ATO website. This will generate a letter to yourself and a letter to your employer advising them of the adjustment.Here's the link : http://www.ato.gov.au/businesses/content.asp?doc=/content/00096490.htmIt's only a bit confusing the first time Deadalus 

Thanks Bendbanks and Linar for these views.This makes sense to me. Ben, I've sent a personal message re the services your company provides.Thank you all for a stimulating discussion!Daedalus.

Fair point.I think the information that is important to me is that which helps build a profile of the tenant. Primarily I'm looking for stability and reliability. This can sometimes be indicated by patterns in work history, accomodation history, family situation etc.In my day job I've probably hired over 100 people over the years, and there are…[Read more]

JL wrote:
I have not seen any applications, I trust our PM's.  If you can't trust them with this, how are you going to trust them on inspections unless you are there. 

It's not about trustworthiness, it's about who makes an important decision about my income stream for the next 6 months or more – and what information they consider to make t…[Read more]

Interesting sleuthing Trakka, well done. That's surprising but it makes some sense. Of course, if the application form states that information may be passed to the lessor for the purposes of evaluation, and the applicant agrees, then the ambiguity is removed.Theoretically though, all information on an application form is necessary for me to make…[Read more]

Hi Rabbitohs,Well done on your investments so far.This is a topic that interests me too. We sent a plant voucher to a couple of tenants. One lot SMS'd to say thanks, the other doesn't have our details. Ironically,the one who SMS'd is the one who is on welfare and is behind in their rent. They are now on an auto payment catchup plan, and they will…[Read more]

Linar wrote:
The solicitor's interpretation of the RTA is bollocks.  The application for tenancy is, by its very nature, an authority for the customer's (tenant)  information to be supplied to the client (you).  You have instructed the PM to be your agent (agent being a person who acts for you), so if they are entitled to look at the in…[Read more]