you cant keep buyng -cf properties for growth and who can garantee the future growth as we are entering a new cycle. also as one has a defecit supporting growth properties one should balance the deficit by selecting to aquire +cf properties so one can again buy more -cf properties for more growth agree ?

sorry yack you wont get my business if your gonna charge 20k or 50%, but thanks anyway.

picses the areas are as important as the returns, in saying this i have located areas that show 10% gross, but this does not work for me. what im looking for is areas that show at least 10%+ net. as to the location well australia would be my first option with…[Read more]

yeah right

freedom14@optusnet.com.au

in the book ordinary millionaires a multi million started his empire buying house that nobody wamted to buy. they were in flood areas. i think for memory 15 yrs later est worth 9m. or maybe thats another guy

are you gonna buy it ?????????????????????????????????

could you tell me in your opinion which would be the best way of funding. 75% or 80% with howmuch LMI payable. best interest rates and no or cheap early repayment on or near completion.
thanks

not yet but been researching and found many good things though. Very hard to get +cf but on the other hand there is excellent development opportunities. In saying that total cost for project im looking at around 1.3m. as well as that some specs at forest gardens also look good, but i find the cost of building a little high compared to syd and…[Read more]

Not the best return,
if your funding 17k PA in three years is 51k out of pocket for a gain of 70k less 51k = 19k. If you sell you now you may break even. Another problem you have is that you relied on an advisor, I hope this person didnt sell you this property. My opinion is if it took 3 years to be up 19k on investment propery if this property…[Read more]

that is the best to do it terryw, It can help you duplicate quickly, and the bastar** sorry banks cannot really lower your equity position. What i mean is if you cross colateralise say more than one property how do you know the bank wont write a lower valuation, where as if you put up your own say 20% to avoid mortgage insurance and negotiate the…[Read more]

pensions from centrelink are indexed to inflation or cpi or something like that so it does go up automatically every year but what you need to look out for are the running costs like strata, council, laundry, meals, onsite manager, maitenance etc. Generally if a well run business the onsite manager can provide full figures so you can see your net…[Read more]

it was also known as depression bay

bc,
if a building block is available today but wont be registered till 4-6 months and price = 165k which is paid after registration, and the cost to build something comparible to sales evidence = 125k then you have built your own package costing 290k + some interest payments, stamp duty(on land only) and legals,
this package will still cost under…[Read more]

thanks simon, if you dont mind as ive been quoted some which appears to be quite high. my email is freedom14@optusnet.com.au. thanks again.

picses, in some situations it is predictable to see new house and land packages sold for a price, then doing some simple sums one can build similar at a discount, them refinance and presto insant equity which can be used to duplicate the process.

peterp thanks for info which is easy enough but to take the next step is not so easy in my opinion. would one need to travel to these little towns to inspect many houses and negotiate some deals which is o.k. but how does one handle the upcoming maintenance issues that relate to older properties being 1000,s of klm away. will some of these costs…[Read more]

are there a good supply of builders there for these new blocks and where could i get more info about these blocks as to location to amenaties and services.

yeah thanks westan ive sent you me email adress and lookin forward to some info. any what your story westan

rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrichmond

well what nz like.

well i have researched and located a couple but i just need more areas to research as those that i have found are x housing commission with some properties being trashed and squatted. any ideas ?