Just been thinking and since I'm in Perth.
I was wondering how many of you guys either from Perth or else-where have or are invested in Perth.Also, What do you own – House , Land , Apartments, etc.
also if any of you guys have msn and want to chat private message me
Cheers
We have our PPOR and one IP in Perth. The IP is an older style unit in Daglish which we've had since 1996.
I think Perth is still priced pretty high and returns are not great atm.
Not much of a msn user but you can PM questions if you like.
I'm here too.
No property as yet, am a budding investor and currently attempting to learn as much as possible about property etc before hubby and I make our first IP purchase with our inheritance.
I've read Steve's books recently and try to attend any property related seminars in Perth (sometimes even the spruiker ones!!).
I dont use msn either, not that I would be that valuable to you since I have no experience!
But I am interested in being included if you or other Perthies here want to organise a property investors get together
.Hi bacon et al …
I be in Perth too .. though u aren't accepting privates there bacon … happy to yak etc off line … not an expert, and dont have anythin to sell .. but always interesed to yak – and eat over yakkin … the odd drink even .. in respect of property .. be it bacon, flowers or sals
R
Located in Perth and own an apartment IP.
Thinking about Melboune off-the-plan apartment IP next.
PM for msn.
Hi I am in Perth ,
If you check back on some previous articles , use the search above ,you will find there is a group someone has formed
meeting at Burswood , once a month I have not contacted them myself , ( Put Perth investors into search crieria and see comments on 15th May 2008 . )I have 1x commercial property and 2x houses rented out . I am hanging off and waiting , watching , these are uncertain times
Do not give up on the research either internet , and checking Wednesday and Saturday and Sunday real estate pages , we just never know what might turn up for the right price and something that might only need a little T L C , to fix and add value .Depends on what fits your criteria , price range etc, for example go to the commercial real estate section at the back and
practice at working out the $$ per square metre , then the rental return for the $$ put in .Check out the to let columns to see
what some investments are returning in rent .
Commecial properties are great because the tenant pays all outgoings , rates etc , including strata fees , in a block of factory units.
Something I spotted a while ago but left till too late ( kicking myself now , dum, dum, dum. ) A country pub for sale , I ummed and ummed for for a while and 2 weeks was still in the paper , curious , never tried this type investment before ,
Steve bought one a while back he had noted on a news letter .
I phoned the realestate finally but it was about to be signed up , he told me hotels are the same as other commercial propety , if you are buying only the freehold building and it is leased out they are 10 to 15 year leases , they pay all outgoings and internal
parts , painting , repairs carpets , etc so basically the business and license is theirs , and they lease the building .
It was said to be earning 8 % .Interesting I thought , so there you go , get ino it and start calling agents and ask , go and check out a few properties , to see
just what people are offering for the value asked on some properties . Don't have to buy yet , just get a feel for what is out there .Hope that gives a little insight , Bacon , good luck .
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