Forum Replies Created

Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of three little pigsthree little pigs
    Member
    @three-little-pigs
    Join Date: 2004
    Post Count: 8
    January 9, 2005 - 6:02 am

    Byron- With all respect I don’t think you will get too many SPECIFIC replies. Positive cashflow deals are everywhere, but like free love in the 60’s not everybody got some. The main thing is to start honing your skills and work at creating your own finds.
    Regards Ian Lake

    Profile photo of three little pigsthree little pigs
    Member
    @three-little-pigs
    Join Date: 2004
    Post Count: 8
    January 9, 2005 - 4:24 am

    I think Byronent missed the point of my EXAMPLE of a town with a mine.
    All Towns have factors that affect their economic wellbeing. Isolate these factors and assess there risk to your investment portfolio.
    Refards Ian Lake

    Profile photo of three little pigsthree little pigs
    Member
    @three-little-pigs
    Join Date: 2004
    Post Count: 8
    January 9, 2005 - 3:31 am

    Hello – Look at the risk factors affecting your return in that town eg; if the local mine provides all the work and accomadation demand what would happen if it closed down.
    regards Ian Lake

    Profile photo of three little pigsthree little pigs
    Member
    @three-little-pigs
    Join Date: 2004
    Post Count: 8
    January 9, 2005 - 3:01 am

    Thankyou for the reply Robert .
    My father pays for out goings as principal residence and has pensioner discount on rates.
    Zoning is rural residential.
    The solution I am looking for is ecollogically sutainable development that will keep this very beautiful property intact but viable for the long term.
    Ian Lake

    Profile photo of three little pigsthree little pigs
    Member
    @three-little-pigs
    Join Date: 2004
    Post Count: 8
    January 9, 2005 - 2:53 am

    Hello Carport and storage are the most cost effective.
    Also consider low cost improvements that keep your tennant happy as cost effective.
    Ian Lake

    Profile photo of three little pigsthree little pigs
    Member
    @three-little-pigs
    Join Date: 2004
    Post Count: 8
    January 9, 2005 - 2:46 am

    Hi Ian the sticking point with ANZ could just be procedural as bank valuers are possibly under the pump in your area.Hve you asked ANZ for a re-appraisal.
    Ian

    Profile photo of three little pigsthree little pigs
    Member
    @three-little-pigs
    Join Date: 2004
    Post Count: 8
    January 9, 2005 - 2:34 am

    Thanks for the reply Robert, but a Family trust forever is not a practical solution as a 16 acre property zoned residential requiring a lot of rates and land tax not too mention upkeep.
    I am looking for independant management and some income stream. Keep the cake and eat it too.
    Thanks Ian

Viewing 7 posts - 1 through 7 (of 7 total)