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Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of pschluterpschluter
    Member
    @pschluter
    Join Date: 2003
    Post Count: 6

    quote:


    hi, i’m new to forum. i have a bunch of tassie houses, mostly around 30 k’s out of a major city (which is a long way in tas!). they range between 50-over 100 years old! we are thinking about selling (some of) them as we are concerned re the potential for structural problems arising and also the fundamentals are not fantastic (ie. in area of welfare recipients and not close enough to major town). however, they have a gross yield around 13-15%, with a riciculous coC return, and the market has really shot up in the last 6 mths with the ripple effect from the major aussie cities. wondering what to do?

    any opinions appreciated. wrxboy.[?]

    It sounds like your properties are out near Bridgewater or Gagebrook which isn’t a great place but please let me know as I’d be interested in purchasing. I live in NSW but come from Tassie so I know the state well. regards [email protected]


    Profile photo of pschluterpschluter
    Member
    @pschluter
    Join Date: 2003
    Post Count: 6

    quote:


    hi, i’m new to forum. i have a bunch of tassie houses, mostly around 30 k’s out of a major city (which is a long way in tas!). they range between 50-over 100 years old! we are thinking about selling (some of) them as we are concerned re the potential for structural problems arising and also the fundamentals are not fantastic (ie. in area of welfare recipients and not close enough to major town). however, they have a gross yield around 13-15%, with a riciculous coC return, and the market has really shot up in the last 6 mths with the ripple effect from the major aussie cities. wondering what to do?

    any opinions appreciated. wrxboy.[?]


    Profile photo of pschluterpschluter
    Member
    @pschluter
    Join Date: 2003
    Post Count: 6

    quote:


    hi, i’m new to forum. i have a bunch of tassie houses, mostly around 30 k’s out of a major city (which is a long way in tas!). they range between 50-over 100 years old! we are thinking about selling (some of) them as we are concerned re the potential for structural problems arising and also the fundamentals are not fantastic (ie. in area of welfare recipients and not close enough to major town). however, they have a gross yield around 13-15%, with a riciculous coC return, and the market has really shot up in the last 6 mths with the ripple effect from the major aussie cities. wondering what to do?

    any opinions appreciated. wrxboy.[?]


    Profile photo of pschluterpschluter
    Member
    @pschluter
    Join Date: 2003
    Post Count: 6

    quote:


    hi, i’m new to forum. i have a bunch of tassie houses, mostly around 30 k’s out of a major city (which is a long way in tas!). they range between 50-over 100 years old! we are thinking about selling (some of) them as we are concerned re the potential for structural problems arising and also the fundamentals are not fantastic (ie. in area of welfare recipients and not close enough to major town). however, they have a gross yield around 13-15%, with a riciculous coC return, and the market has really shot up in the last 6 mths with the ripple effect from the major aussie cities. wondering what to do?

    any opinions appreciated. wrxboy.[?]


    Profile photo of pschluterpschluter
    Member
    @pschluter
    Join Date: 2003
    Post Count: 6

    quote:


    hi, i’m new to forum. i have a bunch of tassie houses, mostly around 30 k’s out of a major city (which is a long way in tas!). they range between 50-over 100 years old! we are thinking about selling (some of) them as we are concerned re the potential for structural problems arising and also the fundamentals are not fantastic (ie. in area of welfare recipients and not close enough to major town). however, they have a gross yield around 13-15%, with a riciculous coC return, and the market has really shot up in the last 6 mths with the ripple effect from the major aussie cities. wondering what to do?

    any opinions appreciated. wrxboy.[?]


    Profile photo of pschluterpschluter
    Member
    @pschluter
    Join Date: 2003
    Post Count: 6

    quote:


    hi, i’m new to forum. i have a bunch of tassie houses, mostly around 30 k’s out of a major city (which is a long way in tas!). they range between 50-over 100 years old! we are thinking about selling (some of) them as we are concerned re the potential for structural problems arising and also the fundamentals are not fantastic (ie. in area of welfare recipients and not close enough to major town). however, they have a gross yield around 13-15%, with a riciculous coC return, and the market has really shot up in the last 6 mths with the ripple effect from the major aussie cities. wondering what to do?

    any opinions appreciated. wrxboy.[?]


Viewing 6 posts - 1 through 6 (of 6 total)