All Topics / Value Adding / Too Personal?
This may be too personal, but those of you who visit regularly and give much appreciated advise are well known to many of us. I was wondering if forumites would be willing to share the number and types of properties you own. What kind of spread between commercial, retail and residential property you have.
And maybe the types of properties that interest you at the moment.AXJ
I am getting out of all direct property investment and re-investing indirectly or in alternative related investments.
TMA
http://www.email4money.info
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First Home Buyer Websiteaussiexj
I dont think it is too personal to ask this here, after all we dont use our real names, as far as im concerned it doesnt worry me!
I have 3 houses and one apartment.
1 House in suburban Perth (close to the beach)
1 Apartment 4km from the CBD in Perth
1 House in Tassie
1 House in Melbourne (close to beach, currently going to council with plans for 2 houses to replace the current one)My next property, (I think) will be either another apartment around 150 – 180k or another dual occ potential house for up to 300k…
Just settled on the Melb one so will wait another 6 months before I buy again
Dev * [kid]
We are getting out of the rental (landlord) seen and have moved into property development.
Just love developing 3×2 4×2 homes, may do a block of units sum time and sell each unit.
No more pesky tenants.
Regardshttp://www.owner.com.au
http://www.owner.com.au/phototour/listing_phototour.cfm?listingid=22315I have 2 rentals in merriwa (perth) and 2 blocks in yanchep (ocean lagoon)
I started with the rental side of things, then I saw the potential to make quick $$$ on doing house and land packages – hence buying the blocks in yanchep:)
Rgds
Wayne Leech
*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.holidayhomeswa.com.au – Holiday Homes in Western Australia
http://www.wheretostaywa.com.au – Accommodation in Western Australia
http://www.homesearcher.com.au – List your property for FREEHI,
I have 2 units in Kalbarri which have increased in value in the last 12 months, l x chalet in M/River & commercial in Geraldton. I have also obtained cash flow by investing in property development in Perth,
I am now developing in Geraldton by building 2 x units.184 held in Qld all wrapped or with some form of Vendor Finance.
Like Robert i believe it is time to take a break from direct property investment and believe you can direct your capital to higher earning yields elsewhere.
Oh by the way 2 still in the SE of England and 4 properties in California which i have had for 20 years.
Cheers Richard
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http://www.yourstatefinance.comIP funding and US property finance
our specialityRichard Taylor | Australia's leading private lender
Thanks, this is what i’m looking for, great to get to know who is giving advise. As for me, just the one IP, neg geared, but educating myself for bigger and better things.
AXJ
Richard, Nice work!
Dev* [kid]
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