Forum Replies Created
Hi JT
No not Emerald
Although with the infrastructure already in that large town another good qld investment areaHi
Firstly to Marshes I can't help you with the granny flat problem but i can tell you that the length of a piece of string is
always twice half its length.
To Ryan , can your mother in law build a fire proof block fence on the property line thus negating that aspect and problems from councilThanks JacM
This is what I needed someone who can throw things at me to make me think !!
I have been in this town for 4 years and have found it to be a transient town with plenty of people coming and going so I am not worried about having two rentals here. Believe it or not the rental returns I mentioned earlier are quite low for this area so I will have plenty of room to move in that area with no outlay from me. What do you think really about those properties – one slightly negative geared the other a small cash flow positive investment is this a good idea to mix them up or not ? I obviously have'nt but definately need to talk to my accountant as I am unsure how the whole gearing set up works.Hi there
Thanks for all comments
To JacM I can tell you that I live in a mining town where rents are always strong and with good occupancy rates.
The two units I mentioned in my earlier comment have both been recently renovated and need no work or upkeep for some time they are both currently rented out with new leases within the last month so either purchase would be a good start for me (both would be better) which I am looking at. Meanwhile heres a tip for anybody looking at a good capital growth town over the next few years
Charters Towers in Qld is very good buying at the moment with its close proximity to Townsville and the mining area of the Bowen Basin good returns should be expected
