Forum Replies Created
Hi Qld’s 007,
From your username, I’m guessing that you’re located in Qld.
Do you know anything about a town called Biloela? Edmonton?
Oh Gosh,
I don’t check this website for 1 or 2 days and it’s filled up!
This forum is like a little community of its own … it’s wonderful! You all sound like you know each other … is this a fair perception?
Bridgette, CF is shorthand for cash flow – I’m guilty of using that term myself (you may also come to realise that I tend to use a lot of shorthand – apologies for that in advance).
I’ve just done a general search for properties in the Gore area. They seem reasonably cheap (with some 4br at $90K). I’m making this statement on the basis of prices in Sydney, so that may not be a true reflection in comparison to prices around that area. Is Gore the same as West Gore?
Can anyone tell me what’s a reasonable price to pay for a 4br or 3br in the Gore district? What is the average rent for 4br or 3br in that area? (I know these info are available through r.e. agents, but I’m usually wary of estimates given by RE agents – I’ve been told that they tend to inflate the rental amount achievable — so wanted to get an investor’s perspective first).
I’m only starting to learn about NZ, so I’m mindful about not jumping into PI without doing careful and thorough research, but I don’t want to miss out on a good deal either!
I have also never been to a rural town before – I’ve spent my entire life to date in capital cities, so I have no idea what to look for when trying to invest in non-capital city or inner-city areas. Any tips would be great!
Thanks heaps in advance to anyone who can help!
Cheers,
Hi Clownsta,
Steve McKnight’s book is available in all book stores (Angus, Borders, Dymocks, you name it).
Cheers,
I’m relatively new to this website and posting stuff on forums.
I have only recently come across Steve McKnight. Have recently purchased his book – haven’t finished reading it yet, but thought the 11 sec rule and the cashflow positive bits made a lot of sense.
I also recently became interested in properties in NZ, mainly because Syd prices are now way out of my league. Problem is no relatives or friends in NZ, nor have i ever been to NZ.
Have been searching on internet for general info, but i guess unless you know someone there or have been there yourself, it’s not the same.
Came across this forum and found it really useful in terms of getting a ‘feel’ of which suburbs are good for CG, which ones for CF and which ones for CG and CF.
Just thought I’d put in my 2 bobs worth and let you all know how much I appreciate this forum!
Cheers,
I’m relatively new to this website and posting stuff on forums.
I have only recently come across Steve McKnight. Have recently purchased his book – haven’t finished reading it yet, but thought the 11 sec rule and the cashflow positive bits made a lot of sense.
I also recently became interested in properties in NZ, mainly because Syd prices are now way out of my league. Problem is no relatives or friends in NZ, nor have i ever been to NZ.
Have been searching on internet for general info, but i guess unless you know someone there or have been there yourself, it’s not the same.
Came across this forum and found it really useful in terms of getting a ‘feel’ of which suburbs are good for CG, which ones for CF and which ones for CG and CF.
Just thought I’d put in my 2 bobs worth and let you all know how much I appreciate this forum!
Cheers,
