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  • Profile photo of Waldo55Waldo55
    Participant
    @waldo55
    Join Date: 2004
    Post Count: 2

    Hi John, just curious as to the response you received from the email you sent about the below……

    **One proerty I am very interested in I asked the agent to send me the numbers for all the annual costs specified in the calculator fields.***

    **also does anyone have an opinion on the below question??

    Can I e-mail them and say, “Can I have all income and outgoings for this property please?”, or is this rude and not done.

    I am new to property investing and just learning as much as possible – this is a question i would be intersted in the response to (the basic things at this stage)!!!!

    Brad

    Profile photo of Waldo55Waldo55
    Participant
    @waldo55
    Join Date: 2004
    Post Count: 2

    i’ve looked at something similar, its a cabin/mobile home in a caravan park. The park doesn’t allow permanent residents, but rents on a short term holiday bases. Its on the coast and is heavily booked over the xmas/summer holidays. I have spoken with the managers of the park and they advised the winter(melb area) is obviously quieter but they still get 2-3 nights a week with the cabin occupied.
    Some of the basic figures are:
    Cost: $41,000
    $2800 per year rent payable to park (use of land!)
    * they rent the cabin for $88 per night which would only need to average approx 2 nights per week to break even…..i think it would offer a lot more than that…. it sounds like it could offer some positive cashflow!!!

    Any more thoughts on this type of property??

    **my current position only allows me to look at properties in this price range, am just trying to start somewhere….

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