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  • Profile photo of WAFWAF
    Member
    @waf
    Join Date: 2003
    Post Count: 61
    January 7, 2004 - 8:40 am

    Hi all,
    Sunny Dili, East Timor for the last 4 years but for work only OZ is home.

    Cheers

    Profile photo of WAFWAF
    Member
    @waf
    Join Date: 2003
    Post Count: 61
    January 6, 2004 - 3:42 am

    Hi Mary,
    is an excellent idea, have a look at
    http://www.cheappropertydeals.com.au for an idea on commision and let me know how you go with the site.

    Cheers

    Wayne

    Profile photo of WAFWAF
    Member
    @waf
    Join Date: 2003
    Post Count: 61
    January 6, 2004 - 1:20 am

    Rugbyfan,
    yep you are probably right and have done the research. I was also informed yest that it is a bit of a dying town. For those intsted though and I haven’t yet done the research I hear the karratha/Roebourne area with the new Burrup peninsula project has 200K houses renting for about 450 a week (long term). And one which also should be considered is Hopetoun with BHP final stages of approval for a 25 year mine 25 kilometres from town (only got the info yesterday) apparently there are some nice places with ocean river views. Anyway some food for thought, happy hunting.

    wayne[:)]

    Profile photo of WAFWAF
    Member
    @waf
    Join Date: 2003
    Post Count: 61
    January 5, 2004 - 9:42 am

    I can’t do 15 000 but how about 35 000 with tenants paying 120 a week. Under Offer but there is more in the same town for between 20 and 35 000 each. Is a small town (Pop around 600) but is a gold mining town and also fairly good tourist trade, I’m led to believe no problem to find tenants. Anyway heres the link for those interested.
    http://www.realestate.com.au/cgi-bin/rsearch?id=mount+magnet&a=qfp&t=res

    Cheers[:)]
    Wayne

    Profile photo of WAFWAF
    Member
    @waf
    Join Date: 2003
    Post Count: 61
    January 2, 2004 - 1:35 am

    Ben,
    I am also Australian and also working overseas. I purchased two ip’s in Perth during 2003 with no problems. Obviously a major consideration is that if they are not +cf then you havent got the normal negative gear beneftis whilst you are not paying tax in Australia. Both my properties are not +cf but like you I am earning good money and the capital growth so far has been good.

    Cheers

    Wayne

    Profile photo of WAFWAF
    Member
    @waf
    Join Date: 2003
    Post Count: 61
    January 2, 2004 - 1:03 am

    Bec and Scott,
    thanks for the info, much appreciated. Bec noticed you are from the UK, I am also living overseas (East Timor) how do you source your properties, obviously through the web, but do you rely on particular agents, through networking, or what other means? I don’t have the ability to physically attend and look at property. I know lots of people dont either i am just a bit reluctant. Any tips.

    Cheers

    Wayne

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    Member
    @waf
    Join Date: 2003
    Post Count: 61
    December 31, 2003 - 3:27 am

    Mel,
    thanks for that.

    Cheers

    Wayne[:)]

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