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  • Profile photo of jman2207jman2207
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    @jman2207
    Join Date: 2005
    Post Count: 4
    December 1, 2005 - 1:31 pm

    For that sort of purchase price i dont think you could get anything in Melbourne. I know in geelong you could pick up a 1 bedroom unit for around the 100 mark or cheaper if its a fixerupper. You might have to try a smaller country town with a bit of infrastructure behind it like say bendigo or ballarat.
    good luck
    Jman[suave2]

    Profile photo of jman2207jman2207
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    @jman2207
    Join Date: 2005
    Post Count: 4
    November 29, 2005 - 6:47 am

    Sounds interesting would like to attended next meeting. keep up to date with dates.
    Jman

    Profile photo of jman2207jman2207
    Member
    @jman2207
    Join Date: 2005
    Post Count: 4
    September 27, 2005 - 3:55 am

    Wow! Thanks guys and girls for your very enlightning comments,
    I guess i already knew the obvious answer to the ‘buy renovate and sell (within 12 months)strategy was a no, and your feedback confirmed that for me.
    Special thanks to you Ozi
    for your advice on the buy, renovate, refinance and use equity strategy (will apply it, currentlly researching it now).
    Also thanks for the informative stuff on valuers.

    Special thanks also to Michael Yardney
    for his experience, knowledge and wisdom. Thank you for potentially saving me from making a very costly and uncomfortable investment error.

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