Thanks All.

Spoke to the agent who will waive the letting fee (2 weeks rent) as a compromise so I'm happy to run with them.

Should add there is no tenant in place

Hi Terry. No guarantees but 2 x directorships

I went to HSBC yesterday and was emailed a form from their international banking centre to get things started.I noticed after completing the form that the email was prefaced with:Thank you for your enquiry on the HSBC account in the USA. *This is to inform you that we can certainly assist with your request to set up an account in the USA, however…[Read more]

HiThere is plenty of data around – this forum is a good source.Independent valuers, RPdata reports, mortgage brokers and past sales histories available around the place.Terry Ryder at hotspotting.com.au is excellentEven ask a question here, it is amazing how many people have good local knowledge.

Hi Daniel,I would think about where you will work. A couple of thoughts:Also, if you can find something which might cost a little more but have a granny flat you could get additional rent if required.Australian National University (ANU) also look for accomodation for foreign students which can pay good $$.I am a long time Canberran, grew up on…[Read more]

Here is a dodgy response that I have contemplated: Get a PO Box near where you work and direct all your mail there – as far as the tax man knows you still live there. Treat the new place as an IP , keep the old place, tenants pay rent into the mortgage account. Only problem is capital gains will be taxable on the new place, although there are…[Read more]

I am on the ACT border. Thanks for the reply – I am considering finding a pool builder and offering him cash,Cheers

I have some relos very keen on Nebo – they have been to investigate and are thinking about a development.

I was ready to subdivide in Deagon around 12 months ago and was looking at similar costs.

I have a copy I am willing to sell – email me.

I think I know the one!

Hi Noobie,Where did you buy out of interest?

Thanks- gross yield would be approx 5%. I notice Christies Beach has a few vacancies – hard to guage at O'Sulivan though because of its size.Any thoughts on the negotiating in SA?

Thanks – I hesitantly put an offer in there but need to rethink!

You might want to get a good handle on subdivision costs before you go ahead. Depending on the council it could be scary. Town planner/surveyor or council can help you out.

I have used ABIS – they were excellent.Web address is actually http://www.abis.com.au or 1800 19 20 21

Great idea! My questions are:Best methods to finance?What structure is required for ownership?What are the most relevant indicators in the market? and Where can I find sources for independent research?Tim

Thanks Simon – like houses I suppose you can go for yield v growth? Just tossing up as I work out my investing strategy.

Thanks gen. So the info is a few months old – that is what I was wondering.