All Topics / Help Needed! / Are there any bargains left near the N.S.W coast

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  • Profile photo of Bindi_2Bindi_2
    Participant
    @bindi_2
    Join Date: 2004
    Post Count: 8
    March 6, 2004 - 1:50 pm

    I have just spent the last week travelling thousands of miles looking at properties that were all dumps. I live on the coast North of Newcastle. Is anyone else having the same problem that I am having, that is locating properties that have cash flows that are within kooee of civilization. Bindi

    bindi

    Profile photo of crjcrj
    Participant
    @crj
    Join Date: 2004
    Post Count: 618
    March 6, 2004 - 11:58 pm

    Bindi,

    Maybe you should concentrate on one or two areas, become very familiar with them and get to know the agents. Get the local papers, ring the private sellers.
    Also, look at different ways to amke a property +cf eg if it is on a large block of land can you subdivide it and sell off the surplus thus reducing the cost.

    Profile photo of wealth4life.comwealth4life.com
    Member
    @wealth4life.com
    Join Date: 2003
    Post Count: 1,248
    March 7, 2004 - 3:42 am

    There are bargins in every area but you must become an expert on the DEMAND in that area, many people make stupid mistakes because they believe that all markets in the same product (property) are the same, and they are not … do your home work and trust the stats.

    [email protected]

Viewing 3 posts - 1 through 3 (of 3 total)

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