Hey Crashy

wonder what percentage increase the new owner will sell it for…with allowance for CPI of course!

wonder what the final profit will be if the new owner is a positively geared ‘hold’ investor…

…don’t mind me, I’m still sulking I missed out on a profit with shares 3 years ago (boring story!)…those of us with long memories seem…[Read more]

Hi Phorsha

I agree with Todds advice that wherever you look you must do your ‘factual due dilligence’ but also remember that your future tenants will be living in the area you choose.

I spent six years driving an extra 200ks to get to the maccas in Karratha rather than subject my kids to the interesting Port Hedland! and the eldest had lived in…[Read more]

Hi Steve

be very careful when you do your due diligence for the area you are looking in.

Especially check with council if there are plans for further developments in the area.
Talk to the tenants that are there but also talk to people in adjoining or nearby offices/shops…Cleaners and maintenance guys are great scources of info, they tend to…[Read more]

Hi, before you give up on WA totally you may want to check out the forum entitled mining towns (afew days back)

I used to live in WA and it’s only 6 hours drive to Kalgoolie and maybe another 45 mins to Boulder…just make sure u do the speed limit through the little towns as they pick on city plates!

I wouldn’t recommend Mt Magnet! and Karratha…[Read more]

I ‘ve read the books mentioned and found them great but in answer to your fears I would also recommend another two books! (hope u like reading, although these two are very short-just deep!)

ok,first recommendation is Susan Jeffers book ‘Feel the fear and do it anyway’ warning, I opened a (successful!) shop after reading it two years ago.

2nd…[Read more]

Good point, I hadn’t considered this. Does anyone know?

I hitched with an aussie so ‘we’ don’t have a problem buying in oz or nz but this could effect if I decide to put a property in only my name.

They sell alot of property to Japan here though so I don’t beleive there are any restrictions.

smiles, Kerri
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Wow, interesting replies!

I will consider myself materially ‘rich’ when I can close great opportunities/deals without having to work out how to raise the deposit/settlement costs on buy&hold.

Fortunately I’m already doing good with ‘health & happiness!
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