KeyStrategies wrote:
Hi Josh and everyone……All in all its an interesting part of the country and I will be adding a couple more properties to my portfolio up there over the next few years but I will be proceeding with caution.Cheers – keep up the good work

hi Mate, which megamines are these are you talking about, where are they located, and…[Read more]

I can get a house and land package in chinchilla for about 430k and get rent return of $750 a week. but Gladstone is more safe investment , but you are investing more as well 500k is more than 400k. I’m not yet convinced about chinchilla with the amount of work force. I think it will be good for the next 5 years, after that not sure, it’s the…[Read more]

Yes, Yes, Beautiful cashflow!!! flowing like honey in a river! , much better than the purchase of 550k and getting $420 a week in rent, down here in melbourne…hahaha what a joke!…then again i bought that without knowing all this beautiful positive geared properties you can buy!! I increased the rent by $20, to $440, and the tenant thought…[Read more]

Thanks Josh, just read your blog entry on Gladstone on your webpage blog.

i’m forking out $200 a week out of my pockeet for my investment property,..its VERY painful, its an awesome investment, will payoff in the end, but if you can avoid it try!

this video summarises the sharemarket:

hilarious!!!

hi Josh

thanks again for your information. I havent ruled out Emerald, just not yet convinced about it, where are the four mines, are they all in Alpha, and do you know the amount of people who are going to work their on an ongoing basis?

Also i just read your entire blog about the Surat Basin and Gladstone, very good stuff. You dont have the…[Read more]

Portfolio PI wrote:

shoooshoo wrote:
I only have negative geared proper…….

Before I go further, do you have tax that you can offset or has this been done already for you with your current properties?

hi Josh,

thanks for the info, as for your question, i have calculated the tax already. As for your remarks on Dysart and Moranbah, yes…[Read more]

I only have negative geared property , so I’m running out of cash flow, so need at least neutral geared. But the bank always assess your DRS with an extra 2% interest on the current rate, so positive is better. I’m flexible about the kind of return I want. If I get a property with positive cash-flow that doesn’t grow, that is fine, because in…[Read more]

moxi10 wrote:
Sorry for late reply shoooshoo, but I see Josh gave you a comprehensive answer to your question on another thread. His advice is sound.

oki thanks moxi!

hi Josh,

very interesting, yes i see your point now about that. Although the mines going up are in Alpha, which is 160km away from Emerald, and the mining companies are only going to allow the miners to be stationed 100km from the mine, for safety reasons.

Portfolio PI wrote:

shoooshoo wrote:
hi guys i heard that dalby has 200 vacant house & land packages that they cant rent because they flooded the maket, is this true?

Hi Shooshoo,

There is a lot of land on the market in Dalby, as well as 97 advertised rentals on realestate.com.au

Here’s the land sales for the previous years:
2008 =…[Read more]

hi guys i heard that dalby has 200 vacant house & land packages that they cant rent because they flooded the maket, is this true?

Thanks for the info maxi good news for that area, do you know what is happening in the surat basin in regards to accommodation?

hi Josh,

thanks for your response, good news. What you said is good about them staying in a good size town that supports a family. You keep mentioning towns in the Galilee Basin area like Emerald, but what about in the Surat Basin itself?

hey guys better read below anyone investing in Moranbah/Dysart about Fly-in-Fly-out miners

http://www.theaustralian.com.au/business/property/forget-carbon-tax-fly-in-fly-out-raises-a-red-flag-over-mining-hubs-as-investment-destinations/story-fn9656lz-1226102792814

here is a portion of the article:

For those who own property – or are planning to…[Read more]

interesting just read Terry Ryder’s article in the Australian about the regional towns to benefit from the resource boom, compared to QLD’s capital cities:

http://www.theaustralian.com.au/business/property/rich-harvest-in-the-golden-hinterland/story-fn9656lz-1226104351484

Thanks Josh, awaiting your response.

condev wrote:
Why would you invest @ a 12% return when you can buy a  house in USA @ 30%. I suppose the question is why invest in Aussie property at all?

i’m not ready to go international yet going interstate for my next property has been a step of faith already!

hi Portfolio PI,

did you visit Chinchilla yet? what are your thoughts about it?