Thanks for your opinion, my only hurdle is timing. What times do the workshops run each of the days? I don’t want to book a flight at the wrong time and have to leave early.

We started off during “the recession we had to have”. Interest rates got up to 18.5% in the first few years that we bought our own home. ( Built in 1988) We survived. We then decided to build again once the interest rates dropped to 13.5%. We paid $130k(1994) and sold it for $220k 8 yrs later. In between time we have built again, just sold that…[Read more]

Thanks Rob.

Do some research around Drummoyne & Rozelle, not quite walking distance but good prospects.
Kate

360k returning 540pw. About to buy 545k.
Kate[thumbsup2]

Better late than never. I am going to agree with both Simon and D in some issues. Simon you are right about average mortages at that time. We borrowed $70k at the end of 1987 and it was a little higher than average at that time. As to women dealing with women only. The only real estate agent I refused to do business with was female. She directed…[Read more]

We were going to build there about 4 years ago but decided against it only because building from interstate can prove difficult if you don’t have time to visit when required. At that time it seemed like a perfect opportunity and probably still is. The north end of the gold coast was becoming too expensive as was the south end o Brisbane. Check…[Read more]

In reply to Kevjosh about holiday rentals, yes it is true that you lose a considerable amount of money to management. In the contracts we have been under it actually states that the rent is shared, they receive 42% +GST and expenses come out of your share. Our properties are in the Gold Coast which is of course a high tourist area. It also…[Read more]

Don’t let doom & gloom get to you. We lived through 18.5% interest rates and bought 3 properties in one year during that time. (It wasn’t easy but we pulled through & have since nearly tripled our money).People are like sheep, if they are told about a suburb about to boom it will, because people go out and buy in the area and make it boom. You can…[Read more]