Wintertail replied to the topic Student accommodation in the forum You need to find the right 17 years, 1 month ago
You need to find the right house and the right landlord. If you're looking in the area near big school/University where there are lots of student accomodation, i dont think you will have any problem finding one. Chances are they've rented to the students in joined tenancy before. Disclose your plan at the beginning to avoid later problems, you m…[Read more]
Wintertail replied to the topic Investing in Australia vs Overseas in the forum Overseas Deals 17 years, 4 months ago
I have a friend with similar situation as yours. Not an easy game to play. For me the easiest to start is first ask yourself, where you want to be now and then. Then how good your knowledge in currencies and their options.Multi countries property is always exposed to currency exchange risk, which sometime beats the investment itself. A friend…[Read more]
Wintertail replied to the topic DOCKLANDS – to buy or not to buy in the forum General Property 17 years, 4 months ago
Simba, I'm working for developer who used develop one of the apartment in dockland. We sell off the plan and sold out before the construction finished. I can say that dockland is pretty warm at the moment. Demands are great there, but lots of supply as well.From what I know there will at least be 10 or more new apartments in the area until 2010.…[Read more]
Wintertail replied to the topic Why is Western Melbourne so bad? in the forum General Property 17 years, 4 months ago
I dont call it Bad, I call it a Bargain.Theres nothing wrong with the west, they just used to be industrial areas.As the prices gone up everywhere, smart developers convert them to residential, and big smokey industrial get pushed further from the city. Now whats there are some distribution hub warehouse, which means job market and strong…[Read more]
Wintertail replied to the topic Renting Share houses in the forum Creative Investing 17 years, 4 months ago
Currently doing the same thing.I have a house in melbourne that could be rented for $350 /week as a whole, currently being rented on roomy basis. $110 /week. 4 bedrooms, 5 minutes walk from a uni.Pros:- Better return, thats allCons:- 4 times the efforts and paperwork.- High maintenance, they would never clean the common areas as they think its not…[Read more]