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  • Profile photo of Immortality

    good luck. This happened to my brother also. The guy didnt move out it went through the courts and 5 months later he won… (5 MONTHS)

    “I love 100’s & 1000’s”

    Profile photo of Immortality

    Well this has been a lot of wonderful advice and i have certainly looked at everyones great suggestions and will be going to have a look at properties in Peterborough as suggested above. I have got a postcode analysis in the way hope it helps me a little as well.

    “I love 100’s & 1000’s”

    Profile photo of Immortality

    Not a problem:

    Nimbin is increasing constantly in popularity with tourists as the Hemp town (Increased population, means need for housing)
    Blue Knob as above
    Mt Isapropertys are so economically priced that i do not believe you could go wrong investing here.

    Id like to hear your suggestions and opinions also :-)

    “I love 100’s & 1000’s”

    Profile photo of Immortality

    I havnt, at this point in time i find it a little $$, even though greatly reduced. Maybe if i had an investing partner, we could share the cost.

    “I love 100’s & 1000’s”

    Profile photo of Immortality
    Profile photo of Immortality

    BTW have any of you brought the wrap pack?

    Profile photo of Immortality

    ahhh … clever you. Thank you for that tip. I will check out! I work at a book store and get 30% off books :-)

    Profile photo of Immortality

    Thanks Matt, i will just need to use my own brain a little more. Its been thinking overtime since i brought that book! Its so full of info that i cant stop reading . Im on page 101@! Cant wait to learn more about wrapping ! ALso i founf the perfect property to flip! :-)

    Profile photo of Immortality

    im interested PM me :-)

    Profile photo of Immortality

    Ahhh thank you, i only brought the book yesterday .. and the info is out dated allready .. Not impressed about that.

    Thanks for the info however.

    Also one more question:

    Buy & Hold Most common property investment strategy where you buy a property and rent it out with the aim of making capital gains and / or income returns.

    Renovations The idea is to make money by adding value to the property through improvements

    Creative ‘Low / No Cash Down’ Techniques

    Flips Short-term fast-cash property investment strategy where you buy a property and then sell it again before title transfers into your name.

    Lease-Options A property investment strategy that takes a residential lease and provides the tenant with an option to buy too.

    Wraps (Vendor Financing) Buy a property and then sell it on ‘vendor’s terms’. Receive regular payments rather than a lump sum settlement payout.

    I cut and pasted this from this website ok what is better for a first time invester with a good deposit? I mean me ! lol! I pay rent, should i buy a home for me first or go into investing and if i invest whats reccomended in all your oppinions?? [king]

    Profile photo of Immortality

    Hi ELle,

    Is this your first property so to speak or not? Tassy is a lovly area, and growing rapidly from what my research reveals.

    A believe you have made a good choice.

    Rachael

    Profile photo of Immortality

    Hi, Im based in Melbourne and am looking to invest in Australia. Have thought about the Geelong area Vic, or Hervey Bay QLD.

    Profile photo of Immortality

    Hi there,

    Its an impossible rule but here it is:

    your proposed rental income weekly
    divided by 2
    multiplied by 1000
    Your house should cost close to this final amount.

    Tell me what you think about this by the way! I cant find one property that matches this.

    Profile photo of Immortality

    personally, i go for houses. I find the returns are higher.

Viewing 14 posts - 1 through 14 (of 14 total)