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March 31, 2012 - 10:22 am

Thanks again for your response! cheers

July 30, 2010 - 10:31 am

HI Everyone,
I use to live in Middlemount for 13 years and would have to agree that it is a really nice lovely town
I believe that Moranbah and also Blackwater have more available in terms of houses on the market,
I would def buy in blackwater. I have also breifly live in blackwater aswell, its a typical mining town, lots of work around, only 2.5 hours to rockhampton, theres a airport there etc woolies
cheap and exy homes, (mainly new house and land packages)
would def buy in mining towns
mel

July 30, 2010 - 10:19 am

Hey Everyone

I am also in the middle of doing this and we are arent sure how to go about, or rather which is the better option

The place that my sister and I have has been valued at $400k, we paid $336k for it in aug 07

she has found a place that she is looking at buying in rockhampton, so I was initially going to buy her share out,

It is a 60/40 split (me 60)

after looking at buying her out I was going to be doing an injustice to myself , having to pay fees, stamp duty, cap gains etc

so atm we have it on the market to sell, but then we have agents fees

is there a way around this:? ie is there anything called a spousal deal? or something

keen to find out some info

cheers
mel

July 30, 2010 - 10:11 am

I think what I am able to ask is a little different,

I have a purchased a house with my sister and its a 60/40 split,
we now want to sell or I buy her out but I dont want to do an injustice to myself and out lay too much in fees ie cap gains, stamp duty
should we sell or should I buy her out
please advise,

July 30, 2010 - 10:07 am

is this available with other banking institutions ? or just CBA? cheers mel

June 28, 2010 - 11:40 am

Can you still claim a portion if you the owner is stiill living in the house, but u have someone paying u a weekly rent?

cheers
mel

June 28, 2010 - 10:49 am

Hi JPS
Just reading this,
can u please give me an idea as to what u paid for the property to get this sort of rent, $400

cheers
Mel

June 8, 2008 - 4:17 am

hey there, thanks heaps for your respones,
I don;t have a mentor, are u offering? i love getting advice on topics i love

cheers
Mel

May 27, 2008 - 3:11 am

haah! no way, not by the way they played last week!

May 24, 2008 - 12:43 am

Hi,
Firstly, check out this month's edition of 'Australian Property Investor' as I am featured on the front cover hehe

Mel

May 24, 2008 - 12:37 am

great idea! please add me

wild_guess82@hotmail.com

Thanks
Mel

May 24, 2008 - 12:26 am

propertyinvestor08 wrote:

Hi Mel

Wow, what a coincidence. I co-founded a property group (http://www.propertyknowledge.com.au), which aims to assist young professionals to invest in property.

I am a property investor that started at a young age (19) and have learnt a lot along the way. 

I would welcome the opportunity to talk to you about any potential opportunities in working together.

____________________________________________

Great! sounds good – please email me at mcubedsupplies@yahoo.com.au and we can chat about our experiences etc and this up and coming mag,
ta
mel

May 3, 2008 - 7:39 am

HAVE U STILL GOT THEM?

May 3, 2008 - 12:06 am

Thanks World Changer!
Yeah! I really enjoyed doing it.

Thanks for your feedback.

All the best with your investing!

Mel

May 2, 2008 - 10:43 pm

DAEDALUS
I from Middlemout, well originally. I live in Brisbane now and work in the mines west of Townsville. However, I have family there that still work in the mines. I grew up there and left when I was 13, I am 25 now. The town has definatly grown. I believe it is Laurie Daly that has a development on the corner there (heading into town , near the pool). I guess, the house prices in this town are all relative to the industry and current market for that area. Years ago it would have been crazy that a house would be 300-500k in a small mining town! I know that there are alot of CFP properties in Moranbah. would be good to get something there! I guess with everything though, in time the mining boom wil pity out. IN saying that though, I do know that there is at least another 15 years+ mining of coal in mines near Middlemount,, so ppl are always are going to be wanting to live somewhere.

Ps check out my article in Australian Property Investor – May edition – young guns
cheers

Mel