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hi just an update last weeks local paper the times had an article regarding the 200 million dollar development . the island will have schools shopping centre ect and because goolwa and surrounds have become so popular homes will be in short supply so hindmarsh island will be developed.
on hindmarsh are private homes that are on river water or tank, the marina that has mains water it also has mains sewerage. the marina has a tennis Court ,BBQ /playground, restaurant ,cafe ,doctors,walking and bike tracks , on the plans are a conference centre, yacht club do i think this area is a good investment yesgrab what ever you can in and around goolwa /middleton these area are very popular and are growing , shops ect large waterways clean beaches goolwa beach is patrolled and open to 4 wheel driving and horse riding , council for these areas have open arms to all new business and events that will inject money into the town , tourists visiting the area are now looking to buy you can look in and around victor harbor but many a business are closing and council are not big fans on progress
hi this is what i think its all about : say you buy a house that's worth $360k but you do a little haggle with the owner and for a fast sale you end up buying it for $300k
then you offer it as a rent to own but the offer is for the price of $360k or even higher —say it costs you $3oo per week on an interest only loan :under contract you then charge the rent to own buyers the amount that would cost them to pay off a $360k or higher loan
plus you ad on extra amount to cover there deposit say $100
so for a house you only pay $300 per week the rent to own pay you $400 per week to cover loan amount and $100 extra as there deposit
if at any time the rent to own buyers fault on this you only have to pay them the amount that has accumulated for there deposit : you are there bank so to speak :
when the rent to own buyers have enough deposit saved they then go to a bank for a real loan and pay you the agreed amount that is in the contract for the house :
the rent to own people must earn enough of a wage to afford to pay you the $400 – $500 you charge per week : its a system that helps buyer save for a deposit and own a house and its a good way for you to profit — im not %100 sure but i think thats how it workshi i would like to know as well but can someone other than an abbot and Costello skit (w = explain it )
hi have a look at site called affordable portables are far better than shipping containers — council will only let you use a shipping container for storage some councils will allow containers as homes but they must meet council regulations and the cost can be just as high as buying a pre fab granny flat
hi we live on hindmarsh island this is an area that's growing fast ,goolwa is growing in leaps and bounds the freeway should be finished soon ,and it will make Adelaide that much easier to access . many a wealthy person lives hear and the homes are kept to a high standard , i have to say i love it its a very safe place to live and spotless even goolwa you may be in luck my sale just fell through and because i have organised to move my house is being offered at a rock bottom price so if your interested email me [email protected]
