Forum Replies Created
Did you get an answer fjficm?
I’d be interested in hearing the response [
]I just bought my first home in Melton South for $180k, 3 bedroom, split level with ducted heating. I was persuaded by all my workmates, most of whom live there. Its got a great V-line train service, Victoria University, shopping malls and pretty much everything you’d need. Its got a good country feel to it too (for the moment at least) [
]Minxi
Thanks Terryw for the link [
]Thanks Michael,
You are a godsend [
]Thanks so much!
J []Hi Richardo,
Just wondering if your meeting is open to all and any who are interested or invite only? I’d love to sit in and see what everyone has to say and what opportunities are out there for partnerships [
]Thanks
Jen[/quote]
Dear Westan,
Thanks for your reply. It is a bit dissapointing to receive confirmation of lack of +Geared Properties in Vic. I wonder why that is? And, in answer to your question, firstly I agree that your St Arnaud purchase for 27k – rent 100pw is a good deal, I’d, be happy with something similar.We are organising a meeting in Mel. (Dec. 6) to form a group of investors. At this meeting I will comment on some of the info you’ve just given me, and I’ll be curious to see what others have to say. I’m sure good things will come out of the meeting.
I can keep you posted with the results if you wish.
Regards,
Richardo.
[/quote]Thanks Cornel,
I don’t suppose you know of any spotters in Vic?? [
] Its almost impossible to find any cash +ive places in this state which was why I was thinking of waiting… However if I buy interstate I can’t get the 1st homebuyers grant as it is an investment right?J
Hi Minxii []I bought my first place in September with the goal to make some quick cash. I used a spotter to find the place for me and got the unit way under market value. 3 Months later my property has gone up from 112k to around the 160k mark. I am living in the unit so I got the first home owners grant and I used that for legal and some of the renovations I am doing. The way I got started on all this was I went to a seminar about investing …there would have been about 40 people there and only about 5 of those people went through with the plan to set up for financial freedom. I think the longer you wait the harder it’s going to be to get into the current market place. My spotters took about 2 months to find this place and I would recommend maybe for the first couple of IP use a spotter, just till you get the hang of things. Well congrats on taking the first steps towards your financial freedom
Cornel
Hi,
I too would be interested in an information sheet! Would you please send to [email protected]
Thanks so much
J[]
Hi,I am buying a niche unit in Mitchell St, right in the main drag. Positively geared, 8% net, lessee assumes all operating costs including vacancy, insurance, rates, and body c. NAB guarantee for the first 5 yearts. There were 12 left last I heard. They have commenced construction and completion is scheduled for June next year.
I have the info sheets if anyones interested. I lived in the NT for 7 years and absolutely loved it. mmmm Barra fishing !
Well I think there is a LOT of growth to be realised in Darwin. For a start the Australasia Railway is completed which links Darwin to the rest of Oz, that is predicted to bring 30000 visitors a year to the NT. Theres the 600 Million Waterfront Upgrade right in Darwin which is commencing shortly. The Indo Gas pipeline work has started which means Darwin will be the hub for Asia. Tourism is one of the biggest industries in the NT and the Government has realised how important backpackers are and is injecting time and money to bring and retain there skills to Darwin. Darwin is very Multicultural as anyone who has been there will tell you that. There also building a University, a large Exhibition centre, Tourist Precinct, and theres a proposed Chinatown area.
I think Darwin is set for some descent growth !
Cheers
J
“Success comes from having the proper aim as well as the right ammunition”
Hi Richardo,
I too am new to this and am looking for potential investment partners (my family and friends think I am mad to invest in the country). I’m also in Melbourne and if you are still interested I would like to discuss what you are looking for in a partner?
Cheers!
Minxi []
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