I guess my previous post was a bit confusing. You can see I am new to this. My rental house is on 2 titles. I am hoping to either sell off the other block or perhaps build units or a house. I have made enquiries with the council and it appears I don't have to do much except provide a carport and space for 2 cars on the land where the house stands…[Read more]

Thanks for the advice – much appreciated.

samjames

Thanks jaffasoft for your reply. I have heard from another investor that 8.8% plus GST is high. The property I am worried about is handled by an agent who hasn’t given me a lot of faith in them – whe I bought the unit I gave it to them to manage and they didn’t pick up that the tenant had given notice (even though they were the selling agent – a…[Read more]

I live on the Gold Coast and was wondering if there were some like minded people interested in property ivesting who would like to have a chat with a view to creating a network group?

samjames

Hi
I’m hoping for some advice on whether to use the $23,000 I have saved to buy a place to live in or buy an investment property. I am in my 50’s and due to circumstances do not own any property any more and only have my savings. I earn $47,000 a year and really need to start building my finances. As I share rent, it costs me about $300 week for…[Read more]

sorry I have not replied to the sender but I cannot find how to post a message. Help??

Thanks
samjames

can someone help? I was hoping to invest in my first property soon after finishing my readings and educationg myself a lot more. Now I will have to pay a higher rent than I am previously paying myself and wonder if it would be better to use some of my savings (around $23,000) to put a deposit on a place of my own (looking at around…[Read more]