Sure thing. I only focus on the Northern part of Tassie as that's near where we live and I can't be fussed travelling further when there's good stuff close to home.  Check out suburbs of Launceston – Trevallyn, Riverside and Newnham in particuar are ones that I like.  Also, Devonport and Ulverstone are hiding some gems.  I haven't explored Burnie myself. 

There'll be properties in any of these areas selling at a price that will work for investors looking for that sort of return.  It's a matter of talking with agents to dig them out.

Even though the Pulp Mill is likely to go ahead near George Town, many workers in that area actually live and commute from Launceston so I don't expect to see George Town boom like some mags have suggested…I may be wrong on this one.

Cheers,
Tracey

Hey v8, where's your place in NW Tassie?  The Tassie market is all over the shop at the moment!

Hi 0to130
Where in Tassie do you live – there's property investors getting together in both north and south (not selling property just information) which you might like to hook up with for support on your journey?
Cheers,
Tracey

I am currently participating in the RESULTS program and am actively investing – planning for financial freedom within five years.

The part I like the most is that they don't say you MUST do your property investment one way or another.  They recognise that everyone's goals are different and there are many, many ways to achieve them.  They provide the education and information and then you decide what will work best for you.

The coaches are a great sounding board – I find it really useful to have them check over my figures and if I become uncertain about a project, bouncing ideas of them helps me to regain clarity and maintain momentum.

You'll also have access to Leon Maddigan who has some great ideas and is a fantastic resource if you're doing developments.

The RESULTS forum is also great for support and feedback from other participants along the way.

Having said all that – you'll only get as much out of any mentoring program as the effort you are willing to put in.

Check them closely – here in Tassie there is a specialised conveyancing firm advertising 'cheaper' costs but they are actually more expensive than my solicitor!

Hi Jetison
We financed a rural block late last year with NAB – one of their Lifestyle products – 70% of valuation.  Despite knocking on many doors including a couple of brokers, NO other lenders would touch it as we weren't planning to build on it.
Good luck,
Tracey

Hi Guys
Don't think it would worry them where the funds came from – so long as you pay up!  In my last contract I actually didn't specify which bank (as I had no idea where the money would come from) but finished the clause with 'on terms usually available in transactions of a similar nature'.  I've been advised that this stops any clever vendor saying I'll provide you with finance and my rate is 20%, thus satisfying the clause and forcing you to proceed with the purchase, or if you pull out they keep your deposit.  Not sure whether this has ever happened but for the few extra words I know I have control over satisfaction of the finance clause.
Cheers,
Tracey

I would note the brand of the items to be included. 
A couple of other suggestions which may simplify the clauses and make it easier for them to say yes:
Take the due diligence bit out – having a 30 day finance clause gives you an out within 30 days anyway – make sure it's worded correctly and you name the financial institution
Building  and pest inspection to the satisfaction of the purchaser within x days – would cover structural and roof.
In Tasmania my solicitor as part of the process will do title searches and council searches.  If recent building works are found we ask the vendor to provide the certificate of completion issued by the council
If you wish to access the property to check it out further – For the purchaser to have access to property from time of acceptance of this offer for the purpose of obtaining quotes for repairs, by giving 24 hours notice to the vendor.

Hope this helps

What an interesting topic – maybe if the book was called 0 to financial freedom in 3.5 years it would take the focus away from the number of properties and look at the outcome achieved (but may not have sold as many copies!).  I too believe that it's not the number of properties you own or trade but about achieving your end goal, whatever that might be.

For me a 15-20 year blue-print is not one that I'd like to use.  Once I got serious about property my goal was to be financially free within 5 years and at the moment it's looking more like 3.  Do I have proof? Yep….

We are Mum and Dad investors, under 100K p.a household income, he works full-time, I work part-time, have two young kids and don't come from a family of builders or accountants or anything related to property. (In fact my parents lost their home to the bank during the high interest rates of the late 1980s.)  

In the past 18 months we have purchased a property and built 2 units and sold them, bought two properties in Australia, in regional areas but not remote, both way under market value and both returning way over 10%.  Currently in negotiations on a third and expect to finalise negotiations on Monday.  After these deals I'll just need to find another one or two and we'll be there..so..my answer is YES it can be done in today's market, in Australia.

I think Dianna put it really well when considering the 'average' Australian – that there's not one size fits all and we all need to do it in a way that works for us….BUT……once you put you mind to it, you can achieve anything.  It's just up to you whether you choose to do it over 3, 5, 10, 15 or 20 years!