mattnz wrote:
Sell Gold Coast and buy 2 in Dysart.

Even though the Gold Coast airport is only months away from signing a contract to have flights to all the mining centres for fly in fly out workers?

Why buy two in Dysart Matt?

jamesw82 wrote:
Looking at buying my second investment property, my first being on the gold Coast. I am looking at getting my second one in Dysart, have i missed the boat or is it still a recommendation. I hear they are looking at signing a big contract for fly in fly out workers, will this affect the rental properties there.

Hi James,

this…[Read more]

shoooshoo wrote:
one question i keep wondering, is how can you tell if an area is going to be supply constricted? apart from looking at the current rental availability, and ringing the council to see what land releases are going to take forth in the future. 

Hi Shooshoo,

You need to look at the following factors:
1. Approved p…[Read more]

Hi Thommo,

youre correct, they will be the first to go. Question is, will this area ever be quite again due to mining?

I have a lot of knowledge in CQ as I have a lot of investments there and have lived in Emerald for a number of years previously.

If you follow my Blog (address below) I will be travelling and extensivelly researching all of…[Read more]

wow you got yourself into a bad one here!

Hi Investhut,

the first thing to do here would be to work out your net position at EOFY for your PPR when it becomes and IP. Have a depreciation estimate prepared (BMT quantity surveyors do these). Im assuming the townhouse is a bit older so this may be quite a small amount. Also ask yourself if this townhouse will achieve much capital gain in…[Read more]

Wow Andrew property number 23! that’s dedication! do you charge a flat fee or charge by how much work is done by you?

As an agent selling properties I may seem crazy here, however we charge a commission to the builder for getting them bulk sales throughout the year without them having to market and have displays etc. Our fee is quite moderate i…[Read more]

JPS25 wrote:
Hi Property Invester 1We are just about ready to build our 2nd IP in Chinchilla with the same builder we used last time. They are very good and all thier homes are built to a high standard.Not a lot of land left to build on at the moment but will be more in the near future so you need to be quick or wait for the next development to…[Read more]

Hi Tony,

You’re correct on what I am thinking, I have tried to get a couple of my builders from the Sunshine Coast and Brisbane to go there and they have all looked at it and come to that conclusion. Gladstone has risen dramatically this year alone, and I believe there is more to come. However from a new home perspective, Land seems quite…[Read more]

Pre-Negotiation is key here. It should always be done at the start (hiring the manager) but can be done at this stage in. I even go as far as pre negotiating that if the manager cannot get me a 12 month lease then I will not pay any subsequent let fees for a 12 month period. (that is only 1 let fee can be charged every 12 months). I then Ensure…[Read more]

what state was your sale in?

My one is new and below, focus regional Qld and am about to blog a road trip all around there beginning this week

Thanks everyone!

QM wrote:
Thank you PPI. CAn you explain more about Stage 1and 2 of the LNG if you have time…thanks again!

Hi QM,

I will be going to Gladstone on Wednesday, also will be meeting for a second time with shell/arrow energy and will have a lot more info on stage 1&2 for you.

You may want to follow my blog as I am spending a lot of time…[Read more]

Hi Everyone,

Gladstone is the first stop for Wednesday, will be meeting with local agents and property managers (if anyone has personal favorites I’d love to hear from you) will be looking at some new estate as well as a couple of small development sites at this stage. I’m looking forward to also seeing what Reno opportunities are there and…[Read more]

Hi Fred, You've been through some great material which is a good start, Rich Dad Poor Dad is great isn't it! We had some workshops that we did in Melbourne which have just been. The workshops was teaching my personal strategy and focusing on my favorite town Emerald! It's great you have identified it, may I ask how you came to choose/identify…[Read more]

coalstar wrote:
how do banks go lending in emerald with the recent floods? does this affect the lvr if the property is n a flood zone? are parts of emerald flood proof?

Hi Coalstar,

Banks are fine with Emerald, In fact the banks LOVE IT! I have Westpac offering to fly anywhere in the country with me when i do seminars on Emerald/CQ. LVR does…[Read more]

Aspire homes has been in contact with me a few weeks ago however they have not responded to ANY emails, and i cannot even reach them on the phone! i have tried 7 times!

not a good start when they are trying to sell me a number of homes/builds… from this i have written them off as I am afraid of what service may be like when i give them my…[Read more]

Terryw wrote:
I think you should get some proper advice first.

I agree with Terry here, there are so many options in the property world, and in fact so many people with different opinions as there are so many ways to make money in property. There are safe ways, there are risky ways and there are ways in between. Its hard to even recommend who…[Read more]

reggie5005 wrote:
G'day JoshI am currently looking at properties in Chinchilla, would look forward to your thoughts and comments on this area. CheersRod

Thanks Rod,

Chinchilla will be visited very shortly, not to far from me actually (Noosa Heads) compared to the other towns. Im excited about seeing chincilla actually. I have met with Shell /…[Read more]

Shape wrote:

Portfolio PI wrote:
I’m going to pose a question to brokers here…would buying a property with some of the 500k outright work which you would then receive rent from. Question is, would the rent then be counted as income given employment? In my situation i know it is so I would assume that would be the case here.

So depending on…[Read more]