Hi Redwood, we are under category Buy, Swap & Sell, could you advise why this is not suitable for this area? FYI we have a google campaign currently active!

The first post of this thread (also the very first thread in Buy Swap and Sell) tells you why your ad is not suitable
https://www.propertyinvesting.com/topic/4405587-posts-in-this-forum/…[Read more]

Hi Azalia,
I am sure the learning that has already happened will pay back dividends as you go on. Good to hear that this is not a bad purchase…. Just one comment of yours has me scratching my head a bit :-

I am actually happy to go through with it, improve it and sell it in the near future

It might all come down to your definition of…[Read more]

Hi Lea,
and welcome to propertyinvesting.com I feel for you with fly screens NOT being a “given”, and the RE agent seemingly reluctant to provide them, I am gobsmacked. I would certainly want to provide them in my rental properties, especially in the Northern Territory.

Have you tried checking with other RE agents in your area? Maybe…[Read more]

Hi MattH,

What are your thoughts on Logan? such suburbs as slacks creek, Woodridge, marsden. There seems to be some movement happening recently and still some really good cash flow properties.

As per BuyersAgent’s post above, look for the area that DOESN’T have lots of land nearby that is able to be developed. e.g. North and West of Woodridge…[Read more]

Bump !! Please help out newer investors who might have been bitten by the “Just Do It” bug.

Do you have a story to share where you (or someone else you know….) came off second best by being a bit too “Gung ho”? Moving too fast to be able to mitigate risk, confirm finance, or to complete due diligence, etc.

e.g. Did someone you know…[Read more]

Hi Kev,

So what am i missing here . I am not happy that this bank now has 3 of our proprieties under hold but more so that all the extra collateral is tide up in there .

Any help or suggestions would be good . We are currently asking the bank to revalue correctly but again some stupid policy saying we don’t do within 12 months but we may wave t…

[Read more]

Hi Kev,

So what am i missing here . I am not happy that this bank now has 3 of our proprieties under hold but more so that all the extra collateral is tide up in there .

Any help or suggestions would be good . We are currently asking the bank to revalue correctly but again some stupid policy saying we don’t do within 12 months but we may wave t…

[Read more]

Good on you !! The first one is always exciting, if a bit knee-trembling too…..

Re vacancy rate, when I have put the question to RE agents, several needed an explanation of what I wanted. In essence, it is a percentage. Suburbs are said to be “in balance” at about 3% Vacancy Rate (3 out of every 100 rental properties are available for…[Read more]

Good on you !! The first one is always exciting, if a bit knee-trembling too…..

Re vacancy rate, when I have put the question to RE agents, several needed an explanation of what I wanted. In essence, it is a percentage. Suburbs are said to be “in balance” at about 3% Vacancy Rate (3 out of every 100 rental properties are available for…[Read more]

Hi Liana,

Are there any other things I should be considering?

Hey, it is a good start – the rent return sounds good, but why is it above average? Are the figures “fudged”? What is the vacancy rate for the area (your RE agent should provide that info)? Maybe 4bd 2ba 2g homes are at a premium there (?) and can command a higher than average…[Read more]

Hi Liana,

Are there any other things I should be considering?

Hey, it is a good start – the rent return sounds good, but why is it above average? Are the figures “fudged”? What is the vacancy rate for the area (your RE agent should provide that info)? Maybe 4bd 2ba 2g homes are at a premium there (?) and can command a higher than average…[Read more]

Hi Liana,
Personally I like what can be available in WW. It is an area that has more than its share of quite large blocks, along with good, solid homes at affordable prices. The train line is sort of handy (about 1 Km North for those that use it).

You don’t give away much in your question re the property ;) but my questions back at you…[Read more]