Forum Replies Created
Hi guys,
I’m involved in a cross continental MLM with training conference calls to the US and our group have all hooked up to SKYPE. Everyone who registers, get SKYPE to SKYPE calls for free and calls from Oz to the US is 0.02c US per minute. Outlay is a headset with microphone.. we think its pretty cool.
I just love the fact that competition is rife. A mate for works up contracts for telstra was saying that Telstra are finally realising that they are missing out and are becoming more agressive with their cost structures/plans. Long live healthy competition for the consumer benefit.
Cheers
BrianTurn your home computer into a high profit
centre with the amazing ABC AutoBiz system.
Test drive it free here: http://www.leave-the-rat-race.bizHi George,
I am involved with an MLM and they are advising us to use their services as its very cost competitive and I think a MLM itself.
I too heard the stats you quoted about Denmark and the promotional groundswell they appear to be getting from the home entrepreneurs.I was told that they use the Telstra lines for landlines and internet and Optus for the mobiles.
We’ll give them a go, especially if they can provide what they say they can.bt
Turn your home computer into a high profit
centre with the amazing ABC AutoBiz system.
Test drive it free here: http://www.leave-the-rat-race.bizHi again,
Yeh, Port Headland lies between the ocean port and the BHP refinery and lots of reports of potential environmental pullution for the town folk. Its only in the discussion phase but watch that space.Cheers Brian
Turn your home computer into a high profit
centre with the amazing ABC AutoBiz system.
Test drive it free here: http://www.leave-the-rat-race.bizHi rjk,
Congrats on your IPs. I hope they work well and hard for you.
Well done on making a decision and gaining the experience in rural IP management. Keep us informed on your progress.
I too am looking North, follow the gas pipe line. Port Hedland also interests me as they are wanting to relocate the whole town!!!!! How cool is that.
We recently sold our 2nd IP that was compromising our investment portfolio and hence, we are now able to postion ourselves into more CF+ IPs. Maybe in the rural?
Cheers
BrianBC Tucker
Hi Rigby,
Difficult isn’t it! Perth people dont like paying rent. Not like you hear other states proudly quote. Rent on ave can take upto 9 yrs to double which if you did your maths would make the deals look completely different. I suppose the longer you keep the property, the better the return could be.
Into the equation, CF+ areas may show limited CG. Normally high CG is seen within 10kms of Perth CBD or near the river or beaches…blah blah and cost you a fortune..!
Look at the 5-10yr CG% for these areas? Does it fit with a profile that allows you to tap into the equity generated for future investment purchases. If you purchase well – Locality to local facilities, shops, fast food stores, schools etc, in addition to the presentation, security and depreciation costs allowed to you. Ensure if you use a property manager that you dont pay them >8% (hope for 7%)and they with you select your tennants well. If the property looks like a rats nest and smells like a rats nest, its probably going to house rats.If the property you select suits your own profile and fits in with your portfolio goals, a CF+ deal with +ve CG is well worth consideration.
Look at the figures and keep it mathmatical in my limited experience, its like running your own business. Run it at a profit!Good luck
PS.Interesting Statistic I learnt this week from local real estate agent. There is over 1200 agents in WA, and only 800 in NSW. Based on that, Competition for your business should be high. It means you can have a real good professional relationship with them.
I’m looking in the Joondalup area. Reasons being that the Universities, Police academy, TAFE are expanding. Local education services are planning on accomodating upto 10,000 students into those facilities. Hopefully driving the rental market harder.
Local services are great, close to beach and Joondalup council (if they can get there act together), are pursuing the feasability of redeveloping the Whitfords boat harbour to maybe similar to Hillarys!
House prices (post 85 construction) are under 200K in parts of Beldon and Heathridge. Low competition on the rental market unfortunately means average rents, but definitely worth looking at.
Anyone got any views/comments on these area?
