Finmore replied to the topic me again in the forum No Subject 21 years, 10 months ago
I agree with Steve – be careful when buying land as there is usually no income.
However it can be a great capital gains investment which enables you to do bigger and better things.
April last year I bought a block of land for $150,000. Since then I have had offers made of well over $300,000 for the land and I am confident I will be able to sell it…[Read more]Finmore replied to the topic Insurance – need advice in the forum The Treasure Chest 21 years, 10 months ago
I current have all my properties insured through Reward Insurance. They have insured a number of my properties whilst they where being constructed and at a price better than any other company I could find. Their number is 1800466100.
Finmore replied to the topic Query regarding Investing in Moe, Morwell, etc. in the forum No Subject 21 years, 10 months ago
A year and a half ago I bought a nice two bedroom unit in Moe. It gave me a positive cash flow straight away and I sold it a couple of months ago for 50% more than what I paid for it.
I don’t beleive you will get the same capital gains now but the main reason I bought there was that there are lots and lots of renters in Moe. My unit was in walking…[Read more]