James MRD replied to the topic Where do you expect Australia property values to be in 12 months? in the forum Opinionated! 9 years, 4 months ago
Pretty interested to see it move either way.
If you are a smart property investor you win either way. With higher capital growth comes less opportunity to buy again, but higher rental yield from existing properties as they increase in value. A downturn in prices in the market just provides an investor with more opportunities to buy again.You…[Read more]
James MRD replied to the topic How much should it cost to build 2 townhouses? Builder recommendations? in the forum Help Needed! 9 years, 5 months ago
This is a very ‘how long’s a piece of string’ question…
We have done what you are thinking of doing on your Melbourne block, to a block we own on the Gold Coast. It cost us $290k x 2 for 2 semi-detached units that where 3 bed x 2 bath.
We sold one for $420k. Retained one and get $440 p/w rent. We used Metricon builders. Your best bet is to…[Read more]
James MRD replied to the topic Brisbane property purchase?? in the forum General Property 9 years, 5 months ago
Yeah great focus area, Brisbane CBD. Check out this article this week from John McGrath – http://m.couriermail.com.au/realestate/news/john-mcgrath-identifies-the-property-golden-triangle-to-buy-now-for-capital-growth/story-fnihpu6h-1227377900326
I own on the Gold Coast and am seriously looking in Brisbane 10km radius also!
James MRD replied to the topic Provide internet access to increase rent in the forum Value Adding 9 years, 5 months ago
How did you go with this…? Did you end up making a decision? I’d be interested to hear how it works out if you go ahead with it.
James MRD replied to the topic Answers to “Where to Find CF+ Deals” in the forum Help Needed! 9 years, 5 months ago
Did anyone read John McGath’s article in the Courier Mail this week about SE QLD…? What is everyone’s thoughts? Is SE QLD the spotlight for the next 3 years or not..?
Personally I feel like its a far more long term strategy than he makes it out to be. Its hard to see the GC ever boom like a capital city. Especially when the local government is…[Read more]
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