honeyblonde replied to the topic Property in NSW for 150K and $500pw return in the forum General Property 20 years, 8 months ago
Looks OK on paper. Can it be subdivided? You could get the house for free if developed correctly.
Lots of +cf props NSW Country. Hard work is done. Nick 0414 274 495
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honeyblonde replied to the topic Bye Bye NSW Property Market (long) in the forum General Property 20 years, 8 months ago
All this talk of doom and gloom, what happened to becomming successful from doing this differently.I guess its time to get creative. Being taxed on profits? I was taught that you cant go broke making a profit.
Lots of +cf props NSW Country. Hard work is done. Nick 0414 274 495
[email protected]
honeyblonde replied to the topic looking after the lawn? in the forum General Property 20 years, 9 months ago
Same here it costs me $40/m (the block is 850m2) the tenant would have to borrow a lawn mower and the edges were never done. Its grouds for raising the rent a little as well I’m sure the tenant is now happy that they dont have to do it any more.
Lots of +cf props NSW Country. Hard work is done. Nick 0414 274 495
[email protected]
honeyblonde replied to the topic family equity mortages – today tonight in the forum General Property 20 years, 9 months ago
There is no risk if its structured correctly. Worst case serario if the house went mortgagee in possesion would be a loan of between 20%-30% of the original purchase price. The parents would not loose their house.
Lots of +cf props NSW Country. Hard work is done. Nick 0414 274 495
[email protected]
honeyblonde replied to the topic Mortgage Broker in the forum Help Needed! 20 years, 9 months ago
Finacial structure is crucial to proecting assets and your own home. The right structure also helps to pay off your own home faster. If an investment property goes bad you may loose your house if not structured correctly. I’m in Sydney
Lots of +cf props NSW Country. Hard work is done. Nick 0414 274 495
[email protected]
honeyblonde replied to the topic NZ bubble is about to burst? in the forum General Property 20 years, 9 months ago
Why buy OS when there is so much here and have the benefit of local knowledege.
Lots of +cf props NSW Country. Hard work is done. Nick 0414 274 495
[email protected]
honeyblonde replied to the topic Cringe during location location in the forum No Subject 20 years, 9 months ago
The auctioneer only had two bidders so he could not set the bid amounts incase he outed a bidder.
At the end of the day we all set our prices and stand by them whether buying or selling. The key is not to let emotion make your decision.
Lots of +cf props NSW Country. Hard work is done. Nick 0414 274 495
[email protected]
honeyblonde replied to the topic Regional/Country property predictions in the forum No Subject 20 years, 9 months ago
Governments and businesses are focussing on decentralising and moving industries to country areas as they do in most parts of Europe.Call centres is one industry. A large one moved into Nowra on the south coast of NSW, and as mentined in this forum there may be a prison going into central NSW, Wellington.
Lots of +cf props NSW Country. Hard work…[Read more]
honeyblonde replied to the topic Investment TERMITES! in the forum General Property 20 years, 9 months ago
Check the zoning you may be able to get a DA for a duplex. If possible its security if the house gets eaten.
Lots of +cf props NSW Country. Hard work is done. Nick 0414 274 495
honeyblonde replied to the topic Positive CashFlow in Retirement Village. in the forum General Property 20 years, 9 months ago
Another option is to invest in aged care with the developer and make some high returns. I guess the one benefit is that these are monitored and regulated by the government. I have heard some villages pool the rental so that if your unit is vacant for any given time you still get a return. Rental is also linked to cpi. Is the unit you are looking…[Read more]