Hi reelygood1,

Could you tell me how many bedrooms the property has .Thats $280.00 rent each side of duplex thats a good rental return.

Dom

Ps. still trying to buy their.[biggrin]

Hi Ravtown,

Thanks for the update on the town ,i lived and worked in the mine about 10 years ago . So i knew a bit about the area . Being a city boy i could not…[Read more]

Hello,

Is anyone here buying or sniffing oout in Mount Isa?

Dom [biggrin]

Hello,

Is anyone here buying or sniffing oout in Mount Isa?

Dom [biggrin]

Hi,

My advice only, would be to pick up a couple of good investment books and read the property forums on the internet and then set out a plan or goal to reach your early retirement.

Good Luck

Dom [biggrin]

-The somersoft forum had a person with the same problem under the general section titled Reno – before and after pics.

Dom

[biggrin]

Hi,

Have not posted for a while but have seen a lot of talk about wa bubble burst. My opinion only, but if you hear the talk its time to walk.

Dom
[biggrin]

Don,

You must be really busy. I have a 3*3 bedroom duplex i bought about 3 years ago for $135,000.The current rent is $220 each side up originally from $120 when i first bought them.( valued @ $300,000)
I have made an offer on a block of units and awaiting reply.
Don do you buy land and build and onsell or do you have a mixture? Is this a full…[Read more]

Well done reallygood1 thats a great valuation what do you think the sales price must be then, because banks normally undervalue property?

Dom [biggrin]

Hi everyone,

Just catching up on what is happening in the ISA , it seems that the rental situation is very tight and an average 2 bedroom unit is attracting around $220-$240 per week. Lately i have been fowlloing some of the sales and they are still climbing and many properties dont stay on the market long.Rental returns seem to jump up every…[Read more]

Hi Lesia,

Congratulations thats a great achievement their.
Thanks for your story its inspirational. At the moment i am looking into all sorts of franchises as i like to compare. My accountant is busy with the crunching of numbers from differnt franchises. Some promise or gaurentee a certain income but you have to examine the contracts fine…[Read more]

Hi Stuart ,

Thanks for your input much appreciated. I am excited and nervous to enter into a buisness but i cant wait.
But this does all take time to find and set up the right buiness.
You say the last two purchases, do you have more then one buisness?

Dom [biggrin]

Gerry,

I would not predict what might happen in the future in the area, Gold coast girl has some good points but their is also room for growth , and i beleive prices may double. ( not predicting when though)

Cheers
Dom

Thanks reallygood1,

Seems that their is a large housing shortage. Prices should continue rising, but i dont think they could get as high as places like Emerald. But then again its hard to predict these things.( i see Cloncurry is Going a bit silly to)

Dom [biggrin]

http://abc.net.au/news/australia/qld/mtisa/200604/s1606993.htm

Hi again,

Was talking to an RE in ingham who claims that mining companies are looking at mining gold behind the ranges. This would boost the town dramatically if it was true.Will do due dilligence on this one but this might be inevitable.(quote Matrix)

Dom [biggrin]

Congratulations.

Which state did you purchase property?

Dom[biggrin]

Just of the point i have been watching of all places Ingham, because land was vvery cheap started $15000 and plenty of movable houses but unfortunatly time and prices have started to move up quickly. Not sure why. I dont mind travelling if this would be my full time job.I have noticed though other places are selling positively geared properties.…[Read more]

Hi,

Thats sounds like a great buisness Dazzling. Smart way of making a living.I think the most appealing thing for me is to be my own boss.

BM, Yep something along those lines would be good, just a bit nervous about leaving my job after ten years to pursue a new career.
The reno king videos are fascinating to watch but they do make it look very…[Read more]

Friend of mine completed a renovation and will have property on market soon.When he originally purchased it it was on the market for 2 and a bit years.It was unhabitable for 4 weeks until he finished inside and then proceeded to renovate outside. He beleives he wil make double the money on renovation costs. Thats great for a few months work and on…[Read more]

Hi jhopper,

How long has it taken for you to get a builders license?
I am in QLD north of brisbane.Thanks for the tips much appreciated.

Dom