Total Members: 159,205

mattnz

  • mattnz replied to the topic Gladstone – Assistance Required in the forum Help Needed! 13 years, 4 months ago

    Portfolio PI wrote:
    From what I can discover without going there yet and talking to builders who have done feasibility studies lately on Gladstone it is a bit of a hard situation.

    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…[Read more]

  • mattnz replied to the topic Gladstone – Assistance Required in the forum Help Needed! 13 years, 4 months ago

    Marie123 wrote:
    Looks like I missed the boat with this one! Hmmm.

    While buying a year ago would have been preferable, I think the opportunities are still there. It is amazing how many properties are for sale in Gladstone at the moment, allowing reasonable choice, while the rental market is just starting to heat up there.

  • mattnz replied to the topic Gladstone – Assistance Required in the forum Help Needed! 13 years, 4 months ago

    Hi Banz, I would suggest using the search function for gladstone on this forum. There is plenty of information previously posted on the different suburbs, pros and cons of each and different potential strategies. It is likely to be of greater value than taking pictures for you.

  • mattnz replied to the topic Stamp Duty (Interesting Scenario) in the forum Help Needed! 13 years, 4 months ago

    Actually, given that stamp duty is a 100% cash expense,whereas you could borrow 80-90% of the purchase price, this approach makes alot of sense, as long as the bank valuation supports the full price.

    It would also make sense in a market like Melbourne’s western suburbs, where alot of the competition would be new housing stock.By offering to pay…[Read more]

  • mattnz replied to the topic Property bust not here yet … worse to come in the forum General Property 13 years, 4 months ago

    emptyvessel wrote:
    Choir, I am aiming to emulate your success.For my part, I am about 73% LVR'd into the "game" across my entire portfolio. About 50/50 property and equities. Then various diversification splits under these. Likely to go 70/30 property and equities over the next couple of years.Wish I got into gold 10 years ago. But I wish I got…[Read more]

  • emptyvessel wrote:
    The market is not crashing. It will be fine. End of story.

    Thats what they were saying in USA, Spain, Portugal, Ireland, UK etc before their markets crashed in the past few years and before that, Japan in 1990s. The common theme between all of these countries is high levels of debt financing the property bubble, just like in…[Read more]

  • mattnz replied to the topic Bowen Basin QLD Mining Towns – Opinion on offer in the forum Wake wrote:There is (or was 13 years, 4 months ago

    Wake wrote:
    There is (or was last time I visited) the most AMAZING shoe shop I have ever seen (boalywood.com.au) They had every type of shoe you could imagine, in every colour, along with accessories etc. In a town where flouro vests and work boots are the norm, this is so out of place, and very unexpected.

    Must be for all the high earning…[Read more]

  • mattnz replied to the topic Marty Ayles Development Blueprint – I want to buy yours in the forum Help Needed! 13 years, 4 months ago

    Nope, I even PM’d everyone on the forum that previously advised they had bought it, but none of them are active forum users and have had no responses.

  • mattnz replied to the topic Is the 3 day seminar recorded? in the forum Confirmation it is only 13 years, 5 months ago

    Confirmation it is only Audio, not Video recording. Steve did say this at one stage during the seminars…. from an email I received today.

    How To Get The Conference Audio Recordings…
    =====

    For the first time this year, we recorded audio from every session at the
    PropertyInvesting.com 3-Day Mega Conference, giving you an opportunity to…[Read more]

  • mattnz replied to the topic Bowen Basin QLD Mining Towns – Opinion on offer in the forum Help Needed! 13 years, 5 months ago

    Property Investor 1 wrote:
    I’m personally continuing to invest in Dysart as it has all the drivers to make for a great property investment for the following reasons:
    1. Demand significantly outstrips supply (the perfect equation).
    2. Vacancy rate is 0.2% (proof of the above statement).
    3. Yields are currently 14% (normal for Dysart is 9-10%) -…[Read more]

  • mattnz replied to the topic Is the 3 day seminar recorded? in the forum Help Needed! 13 years, 5 months ago

    It is recorded, but I believe only audio, rather than video.

  • mattnz replied to the topic Marty Ayles Development Blueprint – I want to buy yours in the forum Help Needed! 13 years, 5 months ago

    Looks like you are third in line ;)

  • mattnz replied to the topic Duty changes QLD – Opinions in the forum General Property 13 years, 5 months ago

    Works great for me as I am planning to get 2 townhouses built on land I have already purchased in QLD.

    Dixon homes sent me this information

    15-Jun-2011

    2011-12 BUDGET GIVES NEW BUILDING BOOST!

    The 2011-12 QLD State Budget includes major revenue reforms and assistance packages, including a $10,000 Building Boost Grant for people who have signed…[Read more]

  • mattnz replied to the topic Who is going to Sydney 3day event? in the forum General Property 13 years, 5 months ago

    Hi Marie,

    This was my 2nd conference.

    The best – Marty Ayles (no crap, just great info, provided an excellent blueprint for wealth creation and amazingly his only product for sale was $10)

    The good – Steve McKnight (as usual), Rachel Botsman (very inspiring and useful information), Daniel Kertcher (5-10% per month is pretty awesome and I…[Read more]

  • mattnz replied to the topic Martin Ayles Development Blueprint Needed? in the forum Help Needed! 13 years, 5 months ago

    If there is a second copy of the development blueprint available, I would be interested in it also.

  • mattnz replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property 13 years, 5 months ago

    Steve McKnight has been buying up half of Fort Myers in Florida, with 20%-50%+ yields. You can see some of his properties here http://www.facebook.com/properinvesting?sk=wall

  • mattnz replied to the topic Top 5 Mining Towns in the forum General Property 13 years, 6 months ago

    For rental return I would suggest Dysart based on this recommendation https://www.propertyinvesting.com/forums/property-investing/help-needed/4323195?page=14. Currently a house bought for $400k will rent for $1,000 per week!! My investigations have confirmed they are on the money.

    Just be aware that if there is another downturn, last time they…[Read more]

  • mattnz replied to the topic Transfer Money from USA to Australia in the forum Overseas Deals 13 years, 6 months ago

    The best that I know of for transferring funds is Oanda. They are a very reputable firm that has been trading for more than 10 years.
    http://fxglobaltransfer.oanda.com/

  • mattnz replied to the topic New Investor – Glastone in the forum General Property 13 years, 6 months ago

    There are now only 66 rental properties available in Gladstone on realestate.com.au. This compares with just a few months ago when there were over 200 available.

    Even just 2 days ago, there were 78 rentals available.

    We just reached a tipping point, that I see leading to rapidly rising rents in a short space of time. My property has already…[Read more]

  • mattnz replied to the topic Our True Wealth in the forum General Property 13 years, 6 months ago

    Very sorry to hear of your loss Angel. Thoughts and prayers are with you at this difficult time.

  • Load More

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