You can buy positive cashflow properties in capital cities, without LO/Wrap options, if you pay CASH, or that you put such a large deposit amount as your down payment, that any income generated thereafter is positive.

Short of this, not likely!!! [blush2]

No problem Dave,

Again, size is not always the main issue, although the more populated the better, so at a guess I would assume minimum 3000 (if anyone out there has IPs in towns less than this please feel free to correct me). It is really more about INFRASTRUCTURE because without it, regardless of how many people you have, whether it is 3000 or…[Read more]

I don’t think there are any that spell out what to look for when buying in these areas, but here’s a clue……

Look at things you SHOULD be looking for in good investments (ie. good size population or at least near to good sized township, good infrastructure (hospitals, police stations, roads, medical centres, not just a pub or cafe), tourism…[Read more]

What topic is that exactly Dave???

Buying in small (one-horse) towns???
Negotiating a fairer price???
Re-couping your loss???
What to look for when buying in woop woop???

Please explain………..[blink]

Cheers,

Jo

[winking] np Claire, I’m Jo

Sorry, sometimes I forget to sign my posts off[blush2]

As for the above topic, there are arguments FOR and AGAINST buying sight unseen, it just depends on whether you feel comfortable with it.[whistle]

Female,

Use the search function and type in “sight unseen” selecting SUBJECT ONLY and it will bring up a list of threads started on this topic, which has been done to death!!!

Hi Dave,

Don’t apologise, you’ve done nothing wrong.

Thanks for the info; it helps us to give you what you want, ie. opinions (based on fact, not on our assumptions that’s all). So really, it’s just so we can be fair and give you a more precise opinion as I stated earlier.

Personally, I would be reluctant to pay the vendor almost 10-15K extra…[Read more]

Hope you had a Merry Xmas too Dave [biggrin]

Firstly, it is not so much the issue of “small population” that causes me concern, because as Marsden has verified, sometimes IPs in small towns can run effectively regardless of their numbers.

HOWEVER…..what DOES bother me, is the “little infrastructure” because this is where a small town can turn…[Read more]

Hi Greg,

I was fairly certain that the links weren’t going to lead you to any information you didn’t already have at your disposal. As a teacher and investor I am confident, you would have done your homework and researched the topic thoroughly (exhaustively in fact).[biggrin]

Which leads me to the main reason for my post; I cannot stress enough…[Read more]

Hi Greg,

Try these links, they may be of interest:

http://www.qld.liberal.org.au/default.cfm?action=media_d&ID=252
in particular select “View all documents” as there is a recent update on this dated 23 December entitled “Government silent as regional plan boss…[Read more]

Tamtam,

It is about “cashflow” not property purchase price. Sure price to purchase will be cheaper when prices go down and vice versa, but cashflow is not just about what you pay for a property, it is also about HOW MUCH you have to keep paying compared to HOW MUCH IS LEFT OVER once you paid all associated costs.

Positive cashflow means MONEY…[Read more]

Femaleage,

Here is very worthwhile thread to read started by Derek some time back, for further info I suggest you try the ATO website.

https://www.propertyinvesting.com/forum/topic/12167.html?SearchTerms=seminar,tax,deductible

You’re forgetting the “End of the World” or Apocalypse predictions as well, these too are real to many believers.[blush2]

I don’t doubt possibilities of War, global warming, natural disasters, even The Second Coming, as they all have some level of credibility, but I don’t live my life in fear of their fruition.

Either way, as far as I’m…[Read more]

Femaleage,

Try these two insurers (contact details are found in the “contact us” section of the website).

Home

Has a 1800 number listed on the site

http://www.cgu.com.au/index.shtml

Here here Gats!!!![thumbsupanim]

[xmas] MERRY KISSMAS EVERYONE [xmas]

Using the search function helps answer this question, but FWIW…..

https://www.propertyinvesting.com/forum/topic/14470.html?SearchTerms=turning,negative,into,positive

Ausse, what can I say??? [whistle]

[idea]I know……….

[kiss] MERRY KISS-MASS EVERYONE [kiss]

Or the person naming it had a stutter stutter!!![blush2]

I seriously doubt, and I don’t think you have to be an Einstein to figure it out….You’re not going to get a burst bubble or any market sh**ing itself BOTH at the same time….if that were true, we’d all be well and truly f***ed!!!! [eh]

On a more serious note……[wacko]

As MA said, as long as you are happy with your purchase, who the heck am I to say different???

Well done!!!

Jo