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  • Profile photo of Tania DTania D
    Member
    @tania-d
    Join Date: 2008
    Post Count: 2
    April 14, 2008 - 1:23 am

    Hi BuilderBob,

    It is around the Longreach area. There is no tenants in the property at the moment, but my understanding is that rentals in the area are on the short side.

    Tania

    Profile photo of Tania DTania D
    Member
    @tania-d
    Join Date: 2008
    Post Count: 2
    April 13, 2008 - 8:27 am

    Hi Guys,

    Just wondering, I am looking at a property at the moment that is in QLD but not a mining town. It appears that the property could return 12% as is, but also has the potential to build another home beside it as it is currently on 2 titles. Just wondering what return should be expected from mining / regional towns. Steve touched on it in his book, that he expects higher returns but didn't really stipulate what is reasonable. I feel it may be a little risky, which requires more danger money!!! Can any one help out with advice?

    Tania

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