I would look around gladstone in queensland with the LNG and other projects in the pipe line

dannyde wrote:
Hi,I'm a long time property investor (12IP) and I have been renting for the past 3 years. I'm told that you should rent where you want to live and buy where you want to invest. I live in a beautiful waterfront home that's worth approx $1mil for $535pw. If Ibought this place 3 years ago I would of lost $150K in value a…[Read more]

I'll do it for 25k  lol at the monet there are plenty of places around with a 10%+ return look harder research more…

did I read that correctly one poster saying 10% interest rate seems a tad high me thinks

wow Just read this entire thread why the heck would anyone pay 30k and the latest 74k for coaching and agree with 15% is total slap in the face in the industry a simple google search show a few others offering 25%+1.get a good options solicitar theres a basic options contract I found awhile go for $99 $10,000 for drawing up an options contract is…[Read more]

hmm lease option sounds like  a strategy I should look into further

I have some on the outskirts of rockhampton qld 1 not to far from brisbane cbd  and one in aldershot all are positively geared all I did was use realestate.com.au seacrhed and searched I also bought a couple on the outskirts of rocky private sales low balled the ones on realestate.com.au and got em not all areas are one horse towns rocky is quite…[Read more]

This would be an options contract you would be better off oferring 50% of the profit to the vendor but you never know might take 50k you wont receive funds untill the places are built and sold to buyers….

 you can reduce the risk in mining towns if you buy a property with a  long term company lease 2yrs etc.

sounds like a hold property to me we did just have a GFC so in another 3yrs you most liklely get better growth you should hold most properties for 5yrs to see any good results…..

grew up in amining town always have booms and busts look at emerald which is now a city and has more then just mines also rocky is another interesting area if you want to speculate keep an eye on alpha,aldershot toogoom howard etc.

kazagirl wrote:
Hi I was wondering if anyone would know about any vendor finance places available in the Hervey bay, Toogoom area QLD. I am looking for a four bedroom house. I have owned my own property for the last twenty years but had a fire in Oct last year only to find out that my insurance had lapsed. I now own no house the bank took the…[Read more]

With the 70k new jobs announced recently and closer to home the alderhsot mine looking at finally going ahead I wouldnt be sitting on the sidelines for to long for hervey bay outlying beach areas close to the alderhsot mine about 15klms where we are

Sounds interesting the skeptic in me is trying to find where the hidden upsell is no one teaches for free in this business

How much is the home already paid the deposit to who the reagent etc? return to the investor?

Maybe they have alot of money tied up in the property and can use it to build there wealth quicker rather then missing out on the extra 20% as most banks lend 80% of your equity for deposits etc and are making people jump through hoops if its for other business ventures

currently working on 1 established 9 block of units strata titiling vendor gets 50k more for the property I make roughly 200k+strata titling and onselling  we have learned there is many ways to use options but takes alot of offers to get 1 through

Not a big fan of seminars have heard good and bad feedback about roltons seminar doesnt matter how many seminars books information you read just get out and do it an option contract can be drawn up for alot less then 5k use commonsense and make the option win win for all involved it takes alot of leg work

What areas of qld are you willing to live in it's a big place…

working on a option at the moment alot of work goes in and it has to be win win for you and the vendor