I have two ways of looking at this.
1. Is that is may provide you with the ability to to increase your cashflow. One exapmle is I recently simply installed ceiling fans in a regional unit. Less than $200 installed, yet I increased the rent by $5 per week. I received a $260 p/a for a $200 investment.
2. The second point is that it…[Read more]
Use the search function and have a look through the old posts. Beware, there is PLENTY of information on Investing and Financing in NZ. There are also several members of the forum whom actively invest there.
If you can, grab a copy of the latest Australian Property Investor. There is good article on a couple that have invested extensively in +ive cashflow properties, including Ipswich.
Also if you do a seach for IPSWICH, you should find a few posts..
A couple of examples I came across during a buying trip I had late last year…
1. Property was actually on the main highway (which was also a road train route[!]) but that section of the Highway was renamed, so unless you were a local you’d have no idea.
2. Property was neighbouring a railway line and directly opposite a rail freight…[Read more]
I’m heading out to look at some +ive cashflow properties in regional Qld over the weekend, but unfortunately im only in a position maybe buy one 
But would be happy to pass on the details/photos/stats on the property & area and in retrun be “reimbursed” for my expenses.
For any further details please email me: mark at…[Read more]
I purchased a highset Queenslander in regional Queensland late last year. Similar sort of numbers to the one you are looking at. Paid $88k for it and renting for $160p/w. The property was revalued day after settlement for $100k.
I was attracted to this property for several reasons.
1. I knew i was buying below market value
By “Growth Corridor” do you mean
Beenleigh, Logan, Woodridge & Springwood? I’ve heard views that its just a matter of time before Brisbane and the Gold Coast will “joined”
Interesting times ahead…….
Its great to hear stories of actual deals. I will certainly be looking at this option in the future as it looks like a great way to expand your property portfolio with limited cash – provided you can service the debts.
I can see this becoming even for effective in a “down” market where vendors are more motivated an would be more…[Read more]
Im not sure what brought about the broad handed slap that my question was “merely a theoretical question”.
I have asked questions before and as a result have been able to implement these suggestions/ideas when buying property.
I thought this site was about the sharing of knowledge? I have read the sugestion both on this site, and in…[Read more]
Hope nobody minds if i revivie this interesting thread I came across….
I am very interested in the concept of 100% finance with the vendor “leaving in some $$$” as it sounds as if it can create a “win-win” situation.
I am looking for some additional “nut & bolts” details on this topic. Not sure if its best to ask the floor, or if…[Read more]
I went to Dolfs Brissy 3hr seminar on Saturday. ANd yes I agree with comments here that he basically covers what is in Real Estate Riches.
In saying that just to hear the man live is impressive. ANd he does challenge your “old ways” of thinking. He is very motivating, and that alone is worth $60.
He also discusses his current project in…[Read more]
Thanks for your comments. Its been great dealing with you, and Im glad you were able to secure the 3 properties. Exciting times ahead…
I am fortunate that I am in a position where I have the time and ability to research both locations and the actual properties. I found the use of a video camera excellent value. It provides…[Read more]
battz71 replied to the topic DOES 11 SEC RULE STILLAPPLY IN OCT 2003!!!!!!!!!!! in the forum General Property 17 years, 6 months ago
Drop me an email vmax at bigpond.net.au
G’day Helen, (no dont ask me why Im replying at this silly time of the morning [|)])
I bought my first IP 4 weeks ago, Steve’s book provided great inspiration. I have been researching property for a couple of years now, but only seriously for the past 3 months or so.
Unfortunately limited funds has reduced the amount properties I can buy, but…[Read more]
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