Scamp,Very happy to provide some information for you.I suggest you check out the following areas in the NT: Nightcliff, Coconut Grove, Wagaman and Driver just to give you an idea of where. I base my % on the increased amount of $ offered from one year to the next on various properties.Ummester,The properties are very much CF++. If values do d…[Read more]
Ummester,I wrote not advertised for sale but if they meet what the buyer is interested in then my properties are shown. Everything is for sale if the price is right, even if not advertised. Hope that clears it up for you.
Frosty,It depends on your investment plan. If looking at B&H for a number of years then make sure it is CF+ as prices in general appear to be flattening out except in the high end of the market that has seen some decent falls. You only loose money from prices falling if you sell. There are areas that are still experiencing good growth in pr…[Read more]
walp,You need to consider as mentioned by duckster your holding costs.If it is CF+ and you don't plan on selling them why worry? If it is slightly CF- then depending by how much you may want to consider your options. If you sell you have lost at least 60K but if you don't sell how long will it take for you to lose 60K if CF-? Is the rent fa…[Read more]
Don't know about you guys but my properties which are mainly middle of the market have not dropped 30-40% but gone up around 20-30%. This is based on the offers I get to buy my properties which aren't advertised but when people go into RE office looking to buy something they get shown my properties and asked to make an offer.I'm still looking at…[Read more]
tony,I think the moderators are more heavy handed with those who join the forum and just start spruiking without giving anything back to the forum. There are long term members who advertise in their signatures but most of those have contributed in some form to the site and members over the years. When you get people joining and their first 6…[Read more]
Adrian,Why the change in opinion? What market forces has made you change your opinion from a few months ago. Adrian previously wrote: I have invested in a few countries now but am avoiding the US market for a number of reasons. After the instability there, which still has a long way to play out and some prices have not seen t…[Read more]
Reeco,Well done on taking the leap of faith.I've thought a few times about getting in on the program but feel that being OS most of the time would detract from me putting in 100%. Will follow your progress reports so keep them coming.
C2 replied to the topic Tax implications of living in short term rental IP for a holiday? in the forum Help Needed! 13 years, 8 months ago
If only using it when vacant then you may be able to claim deductions for travel expenses as long as you justify a reason such as inspections or maintenance. I plan my trips back to oz normally around end of leases when tenants are thinking of moving out and ask the pm to let prospective tenants know the place is available after I've been. T…[Read more]
Another TL?sales pitch. Probably in line with one of his new business ventures he has been involved in. No mentioned of any returns or holding costs etc.Some of these prices look really good but people also need to remember that most of these rural properties don't have connected gas (only bottles), town water(probably bore), sewage (needs to b…[Read more]
Whittles,I have crossed paths with them a few times over different issues. Most of the time they seem okay but every once in a while they do a major stuff up. When they change staff I always have to explain that I'm O/S and don't attend meetings. It is there responsibility to send any information to me by email and I will decide my vote. One…[Read more]
John,,What age are you considering the retirement factor?There are buildings/complexes that cater solely to over 60 and retirees. These are like mini resorts, spas, sauna, gym, doctors, nurses, hair dressers and all sort of goodies. The ones I have seen are around 2 million to enter.At the other end of the scale are nursing homes similar to on…[Read more]
jcs099,The Japanese govt is not managing their depression/recession but they are trying to control and maintain deflation. The current economic situation is going to make Japan's situation a lot worse. When fuel virtually doubled over the last 18 months prices stayed the same for just about everything from food to goods and services. A few mo…[Read more]
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