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Hi
Most of those are mining towns that are riding the crest of the mineral boom
“Energy Developments has signed a Memorandum of Understanding (MoU) with Anglo Coal for the potential development of a new coal mine methane power project of up to 40MW at the Moranbah North Coal Mine “
“Services company, United Group, has been awarded a $220 million construction contract after Dyno Nobel confirmed it was going ahead with the construction of an ammonium nitrate plant at Moranbah, QLD….”just 2 of the announcements this month.
Good luck, but don’t wait if mining towns are your thing
Hi
We have about 3 acres and 4 sheep and they do a wonderfull job. Keep tyhe lawn short as well as fertilisered. They are 3 Merino and one Demerara goat (long story) only costs so far is $50 for shearing and $160 in vets bills (sheep ran into something sharp that pierced her chest). They are also lovely with great personalities. (can also be sold at a profit when fully grown)
Hi Guys
With the predicted shortage of accomodation for Uni students I would have thought that an obvious start for Peter and others would be to purchase a house close to a Uni and rent out the rooms to students. Rate here in Brisbane seems to be about $110 a week, so that is $330 a week contribution to your mortgage. Could be more depends what you offer, as I have seen up to $160 per week for all mod cons.
To make youself eligable for a loan, get rid of all debt mechanisms (credit cards, loans etc) with the first time home loan and stamp duty relief you can save heaps.
Last thought is that 6 bedroom houses are valued at almost the same as 4 bedroomed houses, so look, drive around and talk to the estate agents. They will not still be advertising the same house that has been on their books for 6 months!!Hi Guys.
I have just started out on this road as well and feel as frustrated as Lee and (aussiecam) but agree with Andrew that they are there. Firstly you have to identify what or who it is you are trying to target, and then look for a way to get to that target. Identify a shortage and then try to fill it. I don’t have any IP as yet, but I will have at the end of April, which is my target date. Some ideas might be the Uni student housing shortage (read the papers) old age homes (careful though).
The figures don’t always add up to more than 10% but as you develop your skills the figures will get better, yes ?
[chill]
