Good sir Garrytas,
you drink on me anywhere in this country!

You probably shouldn’t have posted that, really copped some abuse for trying to help people out. Do with this information what you will and if your not happy with the returns you can always call one of our friendly NZ buddies and for a fee they will basically eat up your returns for you.

I’d build the duplexes personally. Get rid of the fibro and put up something that will add value to the land.

I’ve been doing a couple of renovations lately, a very good way to create positive cashflow.

I think some parts of NSW are still very goos buys. Prices are a little lower, but if your buying thats good. Look at the inner west, Penrith and Kingswood, and anything you can get your hands on close to the coast.

Got a 2nd hand copy of Steve’s new book if anyone’s interested in a cheap buy.

Good point Monopoly. I’d try reading the papers and API magazine, they give me ample coverage, however I must say I’ve never introduced the concept of Rosebery, Tasmania to these fine folk.

Hans writes some very interesting stuff, well worth a read.

I share the beliefs of many of my colleagues that the west coast of Tasmania is well positioned for future growth. From Steve’s second book, a very good read, the market down there would receive 4/5 ticks. We have a few additional criteria however, and this market stacks up pretty favourably. Do your due diligence and I think you may find some very appealing undervalued property. Make sure you have a proven management strategy in place for this market can hurt the inexperienced investor. Exit strategies are vital.