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reggie29jetski
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@reggie29jetski
Join Date: 2008
Post Count: 8
February 13, 2008 - 10:39 pm
Any suggestions on how to find out for sure whats happening in a mining town and how long it will be going for-council?? or who would i approach??
ta
reggie29jetski
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@reggie29jetski
Join Date: 2008
Post Count: 8
February 13, 2008 - 10:38 pm
JL wrote:
ta,
Depends on how big the town is and how far away from a major town. If it is a long way, you could end up with a headache organising traddies, getting word out to find a tenant, or having an agent look after it for inspections and maintenance. They usually produce high returns, but consider the down side and if the place was vacant for some time. Is the industry definately staying on for the long term? Having said all this – we have one and it is doing well (touch wood).
JL
reggie29jetski
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@reggie29jetski
Join Date: 2008
Post Count: 8
February 13, 2008 - 10:16 pm
thank you all
reggie29jetski
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@reggie29jetski
Join Date: 2008
Post Count: 8
January 31, 2008 - 1:51 am
Hi Jon
Im am new to the whole game-didnt know it was like that-that it depends on how many propertys you have yourself to be able to get a spotters fee for a good find! Thanks anyway
reggie29jetski
Member
@reggie29jetski
Join Date: 2008
Post Count: 8
January 30, 2008 - 2:25 am
Thankyou everybody for your help-just wanted to double check were all still on the same question?? I was under the impression if you found a good deal and passed on the info to another investor that thats how you can make a spotters fee for yourself?? I didnt think you actually had to buy the property-pls explain??
reggie29jetski
Member
@reggie29jetski
Join Date: 2008
Post Count: 8
January 28, 2008 - 10:39 pm
Thanks Scott
please forgive me as i am very new to this game and to this website-i didnt get what you mean?? Do i have to buy the property first?? Whats the process?? have you done so in the past??