Hi Saybalebay,If it is purely an income that you are after maybe check out the link below:http://www.ownyourownatm.com.au/I am not recommending it as I havent really looked into it much myself however I seen an add in one of my property magazines and it may suit your situation.Obviously do your research first though.My understanding is it will…[Read more]

Jamie M wrote:

Shape wrote:
You were featured in API??? Regards Michael

Haha, get on the API bandwagon Michael! I'll be in the May edition (was in YIP last year). My numbers aren't quite as impressive as Richard's – but I haven't had as much time Check out the young guns section in May 2011 when it comes out. PS – ask Richard for a copy of…[Read more]

No worries.Here is another link I just recieved in an email from Herron Todd White.Pg. 28 has a little bit of information regarding Townsville.http://www.htw.com.au/Month_in_Review/Month-In-Review-April-2011.pdf

Hi Karen,I've just started looking into the Townsville market however I dont live there myself either. I have taken an interest in the Northern Beaches area. From what I have heard from relatives in the Townsville area property prices have been pretty flat if not slightly negative for a little while now. However I think things should pick up in…[Read more]

Hi Wendy,In regards to high-set and low-set houses I am happy to be corrected but I would say the main difference would be your target market. People in there older years would probably steer clear of houses where they have to constantly walk up and down stairs.As for the 10% management fee that is definitely not the case everywhere in Queensland…[Read more]

TLC Investments,I just typed 'Mt Isa' in realestate.com.au and it came up with 379 results. Alternatively you could search the post code '4825'.Not sure where you were looking?Cheers,Nathan

No worries.Let me know how you go and if you you want me to do a drive by or anything I would be happy to help,Cheers,Nathan 

Hi Matt,Yes the amount of money being spent here I dont think it is at risk of closing shop anytime soon.As for the 3 things you mentioned above:1. The Mine here is massive both above and underground (It is Australia's deepest mine) and seems to have great future potential – Google 'enterprise mine'2. Like you said there are alot of big…[Read more]

Hi Sherry1,I live in Mt Isa in Queensland and you can get properties with about 8-9% yeild here. The market here seems pretty flat at the moment which is good for buyers getting a discount on the asking price. I think things will pick up soon though. Mind you my opinion would be biased as I have 2 properties here as well as working in the…[Read more]

cuteyoungchic is right… the posts are by someone else on page 13…

Hi all,Being an Electrician (not a contractor), and a Property Investor I have taken a bit of interest in this thread.  A constant thing that seems to be bought up on this site is that property prices are way overvalue… and people tend to argue that it is all about supply and demand which I agree with.Which makes me wonder aren't these peoples s…[Read more]

Thanks everyone for the info! Definately gave me a better idea. Don't think I am gonna look any further into it as I dont think it is right for my situation.Thanks again!

Thank you all for your feedback! Definitely helpful.  It just confuses me that there is such a mixed response about them. Some people swear by them and others against them. It would be interesting to know if the people who are dead against them and complain about no capital gains and no rent increases are ones that didn't do their research on t…[Read more]