A valid lease will always come before anything else. So if you buy the property the tenants have the full legal right to stay in the home until the lease expires. You may be able to negotiate however do that before you commit to the property.

I think that property is always a safe investment. I am focusing on development because we see movement in the market over the next few years. I work with investors because it is a matter of seeing how people can make higher returns.

The only other exception would be if you brought a property in a self managed super fund. If you do this you and your relatives can not live in it

I dont like section 8 tenants because it is Federal government. They can be hard to get bad tenants out.
If you buy property through forclosures you have to pay cash and you cannot inspect before hand.

I deal in Texas so evicting tenants is easy can take 4-6 weeks because they are pro landlord if you are in California or worse New York state it…[Read more]

I have an account with Chase, if you have a balance of over $1500 there are no fees, otherwise its $6 a month

You have to open in America at a branch

I agree with Richard, before you pay for a furniture package talk to a property manager o find out the demand of a fully furnished property.

What amazes me is that people who have never purchased in the United States will fly over and visit a dozen cities in 2 weeks and think that is enough. Good luck with that

Most people who fail to invest successfully do so because they do not do enough due Dilligence

This is one problem with mining areas if there is a downturn it could see prices fall hard.

I think there are a number of mines in the area

The problem here is that property in Melbourne or Brisbane for that matter will rise a lot quicker than anything in Hobart. Rather than buy a house to live in I would rent and sell your property in Hobart and invest the money in either Melbourne or Brisbane which I believe is currently undervalued. This is a market that in my view will go up after…[Read more]

I specialize in Property development. We find the projects and put our investors into project where they own the sites and share in the development margin. To do this we focus on slightly higher projects.

What we do is different. we find sites ranging from 10 to 30 either apartments of Townhouses and we put investors into the projects to develop and we manage the process. The benefit is that the investors own the site and share in the development margin. I think in this market there are great opportunities but you have to think outside of the…[Read more]

As I mentioned you should consider putting your money into a develop project. If you are interested I would be happy to talk to you about the process

Frankly you point again proves to me that people do not do anywhere enough due diligence when it comes to investing.
Firstly if you have $180,000 why would you not borrow?

Also I agree with other comments here, student accommodation is not a good investment. Who is your resale market, other investors therefore resale is always limited.

I think…[Read more]

I will have more news on this shortly. Because we deal mainly in development that will include commercial. We will be offering information and education on both.

How would Australia and New Zealand be another Eurozone?

We both are very similar countries, we speak the same language and both countries economies would benefit from at least an economic merger. That is already being discussed.

Yes they are good.

However we put investors directly into development projects where you get to share in the development margin.

The problem is that most people think they can do it themselves. Most people do not have the time or knowledge to do this themselves. It is important to target mid range projects that are large enough that they offer a…[Read more]

I would think sometime in the future New Zealand and Australia will become one country. It will start with more trade. Within a year or two you will not need a passport to Travel to New Zealand. The last thing with be to merge currencies.

One of the things that I have developed allows you to invest directly into a development project. Just buying a property for straight cash in my view would not be the best way to use your money. The benefit of what I am doing is I work with some very experienced people. Most people who loose money do so because they do not know what they are…[Read more]

What do you think is the potential for capital growth? Is there a lack of land NO Infact you have land all the way to Melton on the city side. Investing in property is about making your money work for you. If you buy property with limited capital return and its negative or just neutral cashflow what is the point of buying it.