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.

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 can take a long time they are pro tenant

In terms of tax liens you should always go through a title company to make sure the title is clear.

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.

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

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 the election of the Newman government in Queensland.

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 square. Many people lose money because they do things that they have no experience in.

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 you should seek advise and at least do some more research before you throw your money away.

Perhaps you could look at property development?

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.

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.

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.