Del,

Hope all is going well with you- seems you’ve turned into a MaxiMogul from your TV interview- congrats :o)

I would have to say, that there will STILL be areas of growth in Australia- just depends on the city/town one is looking at- but I think they’re still around. A place I’ve been looking at has such potential for growth- new industry moving in (white collar so as not to foul up the air), council plans projecting huge growth etc. I can’t dismiss those fundamentals- now I just godda find the cash to buy there- hehe. Sorry to be mysterious, but ya know how it is :o))

I just think Australia still has a high demand for RE- not only for first homebuyers, but for an abundance of renters. I don;t think it’s quite over YET.

But seeing i’m not Residex, CommSec, BisSchrapenl etc, then I only have my own research to go on- which includes taking what all of them say into account, by the way. I don’t dismiss the media- on the contrary, I am a media slot, but I think there will always be areas that defy current “laws”.

kay henry

Bec… umm… you said:

Well, I live in Mount Gambier in South Australia and I work for Ray White Real Estate so I am an agent.
Yes there are a few diamonds in the rough here in the mount but if I am looking for financial independence it’s not going to come from two or three diamonds I am going to need a whole mine of them….. hence my question how do I research and what do I need to look for in particular?

Cheers,
Blondie

Bec, you’re an AGENT! Surely, with all due respect, you’d know how to do some property research. Wouldn’t you have your hands on recent sales all over the place, and the kinds of stuff mere mortals like me only dream of? Wouldn’t you and other agents whisper about deals in Australia in the office? I just don’t understand- real estate is your niche, your bread and butter. Agents are probably some of the best-informed citizens to know about all aspects of RE.

kay henry

awww moni [inlove] *takes off lonely monika sock puppet that’s been keeping me company in her absence* Such a sweet post Wanna come to the Sydney Property Expo on the weekend? I need some help in case any of these investors get lost in the crowds. [whip]

[mickey] misses you too.

kay henry

Punkin,

In a general sense, I would say buy the book of the gurus before you spend the K’s. Presumably, many of the “secrets” will be in the books.

Here’s some secrets for ya… work hard, save a deposit, invest well, work hard again, learn stuff, buy some more properties, work hard, retire.

And my diet secrets? Eat less fat, exercise more.

Hope these secrets help!! [strum]

kay henry

Damn, Gatsby, you tease. I wanted to read the foot food story [hannibal] You’ll get no help from me in this topic!! (That’s because I have no clue as to how to answer it :o))

Good ploy in attention-getting [laughing]

kay henry

elves, your area might be on that site too :o))

kay henry

richmond, good to see you’re not [oneeyed]

Because being [oneeyed2] is not a good thing.

kay henry

Bron,

Thanks for your post- it’s sweet, and I appreciate it :o)

Sure I can yodel- YODELAYHEEHOO!! hehe. Well, on the net one can do almost anything!

My two top tips for propert- lemme think…

First, be yourself. Think about who you are and what’s important to you- and then let that be your guide to investing. I do the same with my work. I have always known what’s important to me, and I’ve let that be my guide to the work I choose. I weouldn’t be happy doing any work that didn’t reflect my core self- because it’s the only thing with any meaning- finding out who you are and then meeting your goals every day by doing what’s important to you. (Well, you did ask- hehe)

Second thing- lemme think again.. [hmm] See other vendors as a mirror of yourself when you buy; and see tenants as a mirror of yourself. Never let $$$ get in the way of [gossip]. I always try to remember that buying properties and renting for reasonable rents means putting a roof over people’s heads, when the state has reneged in their responsibility to do so via public housing.

Bron, not sure if the above were the $$$-making answers you were looking for, but thanks for asking me the Q. The above things have kept me going for 37 years and 1000 posts, so I’m doing ok thus far )

kay henry

Here are two fantastic sites I came across today, silverfox. This one below is all the statistical information about overy area around brisbane- details about dwellings, rental etc. Much info is from 2001 census, so might be slightly outdated, but still a very good site:

http://wic001lc.server-web.com/statistical_portrait/brisbanes_regions/

The next site is even better! This site has details of rentals across brisbane and regional centres- up to Dec, 2003. It has details of all different types of properties- and specifics for 1-b’room units, for example, right up to 4-bed houses. I tell ya, best site on rents I’ve seen [lmao]

http://www.rta.qld.gov.au/december_quarter_2003.cfm

If you wanna check out past rents and compare etc, go to the general site:
http://www.rta.qld.gov.au

kay henry

Yes redwing- you have big ears… but based on the same premise, georgis smells, blackjack is a cow, Chan has a terrible case of helmet-head, melbear is a dog, and Rachel has big hair! And yes, I know, I am green.

Vive le difference!

kay henry