KeyStrategies wrote:

Portfolio PI wrote:
Hi Keystrategies, just my strategy for where I am in my property investment cycle.I also believe that investing in property is not just about trying to achieve the highest rent possible, it is the longevity and continued capital growth that I and other investors also look for – but sometimes you can…[Read more]

shoooshoo wrote:
Having a look at REIQ.com.au suburb/town profile, Emerald's property prices have been flat since 2007, after great gains between 04-07.  The flat period concerns me abit. 

Yes it was a little bit lower than the previous years, none the less still some growth. Each town fluctuated in its own right during the GFC. the 10% gro…[Read more]

Hi David, if you send through your details I have a builder that is doing a lot in Kallungur area, in fact he is just about finished building his own 9 unit development there. Very good and well priced, as well as quick yet quality! I can have him tender for it also.

feel free to send me an email.

Cheers,

Hi Keystrategies,

Thanks for your post its great!

The Bowen Basin has two major service centres. To the south is Emerald and to the North is Mackay. Although that is not where all of the miners live they are the two areas that provide major infrastructure and servicing for the mining and rich agricultural activities throughout the Bowen Basin.…[Read more]

shooshoo

that’s amazing! a high turnover of tenants by the sound of it. In regional QLD you shouldn’t have those types of issues in most places. If you would like more info on what we are going to release just send me an email and I can send all the information through to you as soon as I have it packaged together tomorrow. I am very excited…[Read more]

It looks fairly thorough. You have allocated for an extra 1% interest which is good, however in current real terms the 1% difference could be $153 per fortnight.

Being an older property there’s no/limited depreciation (depending on exactly how old). I would go for something that could provide a bit of depreciation to minimise your 37% tax bracket…[Read more]

shoooshoo wrote:
Thanks Josh, just read your blog entry on Gladstone on your webpage blog.

I was just thinking that this might be a good option for you, I still recommend to watch the market there closely, however if you are comfortable with it then it is worth exploring. I am working with a builder where we can provide really good quality…[Read more]

GLADSTONE UPDATE

It seems the Gladstone council and QLD State government have come to terms with the social and economic impact of the LNG boom and have accepted the fact that GLNG will house 48% of its total workforce in Gladstone itself, not on Curtis Island as originally planned. I would assume that other companies will follow suit here.

This…[Read more]

shoooshoo wrote:
hi Josh

thanks again for your information. I havent ruled out Emerald, just not yet convinced about it, where are the four mines, are they all in Alpha, and do you know the amount of people who are going to work their on an ongoing basis?

Also i just read your entire blog about the Surat Basin and Gladstone, very good stuff.…[Read more]

Hi Mike,

welcome to the forum and to property investing!

Whilst I am not a mortgage broker my understanding by experience is as follows:

Given your equity position you would have enough to draw from a line of credit to provide a deposit for the investment property. I would use your equity for this not your offset account cash. By doing this it…[Read more]

austinvest wrote:

Portfolio PI wrote:
I am looking at an estate where the land is selling for mid 200's, when you add regional build costs at $1500 sqm you are looking at $550,000 before costs (stamp duty, construction interest etc). So far it seems that valuations sometimes won't stack up at this. Rent for this will be $600 approx –

$1500…[Read more]

Hi shooshoo

I will get you the information for Dysart as soon as I have completed my analysis. In essence what I showed you was proof that Emerald will be the service hub for 4 potential mines which will all individually be nearly the largest coal mines in the world. It provides lifestyle and services that the smaller towns don’t. It may not be…[Read more]

shoooshoo wrote:
I only have negative geared property , so I’m running out of cash flow, so need at least neutral geared. But the bank always assess your DRS with an extra 2% interest on the current rate, so positive is better. I’m flexible about the kind of return I want. If I get a property with positive cash-flow that doesn’t grow, that is…[Read more]

minichick wrote:

JT7 wrote:

minichick wrote:

Portfolio PI wrote:

minichick wrote:
I would wait and see if the carbon tax goes through before investing in any mining area atm

how is the carbon tax going to impact coal mining exports?

http://www.miningweekly.com/article/carbon-tax-will-hurt-jobs-in-coal-mining-report-2011-06-14…[Read more]

they estimate 15% of the workforce will be drive in drive out or bus in bus out from emerald

shooshoo…here is an exert from the alpha coal projects EIS…The Project will accommodate the majority of the construction and operational workforce in an on-site accommodation village within the Project boundary. The workforce is anticipated to be predominantly fly in, fly out (FIFO) due to the location and distances to population centres…[Read more]

shoooshoo wrote:
hi Josh,

very interesting, yes i see your point now about that. Although the mines going up are in Alpha, which is 160km away from Emerald, and the mining companies are only going to allow the miners to be stationed 100km from the mine, for safety reasons.

Hi Shooshoo,

The location of employees for the mines in alfa has…[Read more]

hi Josh,

thanks for your response, very appreciated. However, i dont see much difference between the surat basin towns like Chinchilla, and Emerald in the Galilee Basin. Except Emerald has about 10,000 extra population. Chinchilla is also getting a Woolsworth, McDonald’s, etc. How do you know both these towns wont have over supply in the…[Read more]

nguli wrote:
Hi All,I am looking for someone with a legal background or similar to help explain the new QLD building boost to me in regards to newly renovated properties.  The link is below:http://boost.treasury.qld.gov.au/investor/faqs.php#heading-2809159538It says that new homes are eligible and then says this about new homes in the…[Read more]

doesnt that depend which state you are in?

even if you were, if they dont have an appointment to act they cant put there hand out. This is for QLD anyway