any other buyers agents people would recommend for buying through for positive cash flow properties under market value?

Would of never thought of that thanks for the advice, how do u build underneath, do beams pillars etc get put in place and house lifted and put on or something?

Hi kylie, Have you done the lift and build beneath?

Im guessing the valuation of the GF would be better also if it has its own separation from the existing property? e.g its own seperate car parking area and fenced or gated. making it almost like its own self sufficient dwelling. not sure if council allow fencing and whatnot like this but i would think it would make a difference.

Make sure you allow for holding costs while DA goes through too that could be a money eater

thanks for the advice guys, am going with an unfurnished rental, expecting around 330-370 pw which will give me a yield of approximately 
4.3% on conservative house value (395,000 valued) should be capital growth in coming years pending project approvals….
or 
5.9% based on loan amount of 290k 

any reviews from people that have used them?

Has anyone used their service? Do they pass on their skills as such along the way do you know?

I have been following Nathan for some time and know he knows his stuff, Just dont have the time currently to do my own searching and researching yet….

It seems nathan isnt the kind of guy that keeps everything to himself, so i was hoping to learn a…[Read more]

Do some research on demographics in the area and see if the property (each one seperately) would suit the most dominant demographic, have a look at similar rentals in the area, talk to other agents, tell them you have this property and you would like to rent it, see what the demand is like, if all that is good you may have found a bargain

I use dom consentino from Kennedy and Co, knows his stuff and invests in property, he’s also a regular in api magazine so he must know something haha

thanks for the advice guys, now to work out furnished or unfurnished by having a chat to the agents

You are in the exact same situation as i am in Draytone, where are you from in aus?

My ppor is worth the same with same debt level, and im 29, looking to rent the ppor for about 450 pw

I am only starting out also but I agree with benny, factor in a 2% or more above variable interest rate and even double your vacancy rate in your calculations – e.g 2%, enter 4%.
I would almost go as far as to leave out depreciation from the initial calculation and factor that in later, consider it a bonus. Im pretty sure any depreciation also…[Read more]

guess im on my own here huh haha

The reality is that we are so smart we are making ourselves redundant.

true.

i dont believe the unemployment will be as bad as you believe. someone has to service these machines, install these machines, and put them out when they catch on fire.haha.

The same thing happened when computers were invented, yet here we are still. 

I personally cant wait for the day when im sitting at a mates house, drinking beer and…[Read more]

bump!

anyone?

pretty sure a project was approved the other day near gladstone, maybe something to do with curtis island?