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  • Profile photo of SandymanSandyman
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    @sandyman
    Join Date: 2004
    Post Count: 16

    Thank you Alistair for your reply off line.

    Very helpful. I’ll go that way.

    Sandyman

    Profile photo of SandymanSandyman
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    @sandyman
    Join Date: 2004
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    The Austrailian Property Invetstor (API) magazine is always good for statistics on auction clearance rates.

    Give it a try

    http://www.apimagazine.com.au/

    Profile photo of SandymanSandyman
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    @sandyman
    Join Date: 2004
    Post Count: 16

    I also attended the Masterclass yesterday in Perth.

    I thought the day was great. Well organised, good food, good amenities, excellent information.

    It’s one thing to read material in a book, but it’s great to hear it discussed and explained. Makes it much more simple to understand. Using formulas to calculate percentage return, property value, etc. will now be a sinch.

    I believe the dollar return I will make from applying the information I received yesterday will well outweigh the investment cost of the seminar. If you have the opportunity to attend a masterclass, go for it.

    Thanks Steve, Dave and crew for a fantastic day

    One happy Sandyman

    Profile photo of SandymanSandyman
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    @sandyman
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    Thanks Woodsman

    That was very helpful

    Regards

    Sandyman

    Profile photo of SandymanSandyman
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    @sandyman
    Join Date: 2004
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    Thanks Guys, great advice.

    The town population is pretty stable, apparently been the same for years even though the timber industry has greatly reduced. Other industries have taken it’s place.

    I believe this is a good opportunity.

    I haven’t checked with the local council yet, so I guess that will be my next move. I will also check the type / term of load as I thought it would be residential.

    Can I say, then, that we are all in agreement……Size doesn’t matter ?
    [:D][thumbsup2]

    Profile photo of SandymanSandyman
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    @sandyman
    Join Date: 2004
    Post Count: 16

    Thanks Guys

    I guess it’s a case of doing the due diligence on the property, and if all looks good, have the inspection done before the auction……and hopefully win!

    Gloryboy [sweaty]

    Profile photo of SandymanSandyman
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    @sandyman
    Join Date: 2004
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    I read somewhere recently that if a property does not double it’s value in 7 to 10 years then it is not performing.

    Does this sound correct or did i maybe misunderstand something?

    Gloryboy

    Profile photo of SandymanSandyman
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    @sandyman
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    Thanks for the advice Guys

    I’ve arranged to speak to another accountant.

    Gloryboy

    Profile photo of SandymanSandyman
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    @sandyman
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    Thanks, guys, for your advice. I’ll take it on board.

    Gloryboy

    Profile photo of SandymanSandyman
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    @sandyman
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    Looks like no suggestions for the Bunbury area.

    How about Perth. Any recommendations??

    Gloryboy

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