I didnt join the 250k Club, on the night, I dont like doing anything on the impuse. are there seats left?? and who do i contact if i want to join. It seems like a great idea. but i couldnt do it on the spot like that. 250k, in 18 months, yes please. even if you only acheive 1/2 of that, thats like 125k, now thats gota be worth something.
Is there a thread/ or somewhere that we can discuss Steve Mckinghts book launch??He said that the slides for the night would be provided for us. how can we access it??
Hi, I am also very interested in investing in the US. I am particually interested in the example that Steve gave us on that book launch night. Bought a place for 13k, duplex, and renting for 450/month. along those lines. I am hearing of houses for sale that will collect rent for the less than 100k mark. How difficult would it be for me to turn…[Read more]
Well i dont know about the land size, but i know in the Runcorn area and surrounds, there are houses for about that price range. 380-450 price point. 16 Km radius from Brisbane CBD
mattnz wrote:
There may be a shortage of student accommodation, but they aren't in a position to pay any more for it. There will always be a ceiling.
I dont think this is a case for the overseas students, Local yes. but overseas no. Most of them have rich daddies with very deep pockets. I think that it is with everything else, realative to demand.
Hi, I am also interested in investing in NZ. If there is coog properties there, lower price points. and cashflow positive. Than it is only 3hours from sydney. First, there are a few things i have to get straight in my mind. 1, Is it tax deductable if i went there for a week, to holiday/research property?? I could claim 50% to the ATO as being…[Read more]
I have just made an offer to buy a unit in Unilodge, the numbers stack up. With this type of investment studio, Do you think its necessary to do a building and pest report?? It looks too small to do, i dont imagine that the inspectors will give me a discount for such a small place, there isnt that much work to look at. Any thoughts on this?? its…[Read more]
BrisbaneAndy wrote:
G'day TLC,I personally love student accommodation as an investment although it does add an extra thing to research ie the uni/college that the students are attending. I have one student acc townhouse that I bought for $188k and rent for $620pwk although I pay all outgoings. Your example above sounds good to me as long as y…[Read more]
Is there a condition that says that i couldnt bid and buy it, hold it for 6 months and sell it for $10,000?? because i probably could look for the $1, plus any transfer fees. I just couldnt afford to build a house on the land, or want to live there. Im just thinking, if someone goes into something like this blindly, not knowing whats involved, and…[Read more]
Ok, theres something to consider. I have never done a property investment overseas before and not familiar with the pros and cons, Would you educate me?Some points come immediately to mind are: 1, how to get finance for an overseas property, easy/ hard/ more hoops to jump thru2, No captial gains tax is a plus. but i heard it is payable when one…[Read more]
It would really depend on what you are getting for your .88%. thats the real question. I mean if they want to manage your property, plus support. then yeah its worth it. ( the going rate for agents is about 6-8% plus gst), But, if the support is to find you the property, and give you the profit n loss, sales data, expected rental returns, and…[Read more]
I Agree with K, It is all well and good when the renter pays their rent and keeps the property neat and tidy. There are many things to go pear shaped when you deal with renters direct!! How would you confront them for rent?? debt collection is not easy!!! ( i have some experence in that). What happens if they trash the place?? Tenant selection and…[Read more]
I have IPs in Brisbane. The legislation states that the landload must provide a certain number of kilolitres of water per quarter, and anything they use above this, they must pay for. My agent is supposed to be monitor this for me and charge the tenant for the usage. but it has never happened. I dont look, i just file the rates notices away…[Read more]
Hello It looks like no body is interested in Student Accommodation. Maybe some numbers might excite you guys. Purchase price, $268,000Rental $495pweek Strata $906 p quarterCouncil $160 p qWater $130 p q Management 8% What do you think?? even if it doesnt appreciate in value over the next 5 years. at 5.5% interest, i still make a 8500 profit…[Read more]
Is this still up?? I would love to play this game, Never touched it before. I read RK straight after school but never played the game. Will email you. TCL Investments
Or maybe they have too much money comming in, their pockets arent deep enough to hold!! by the way, im new here, is there an intro thread of some sort??TCL Investments