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Thanks guys for your advice.
I’ve had a look at “We Buy Houses”, and have tried to incorporate their kind of open approach into my flyer.
As you all emphasised, I’ve tried to concentrate on what i can do for the seller in my flyer, not what i can’t do. There ARE indeed many ways to make things attractive, just needed to think outside the square a lil bit.
I’ve decided not to go with stating a value such as 85%. Instead, i’ve stated in as condensed a form as possible, why and how rental properties need to balance, and that depending on the property, i’m willing to pay within a ceiling that will ensure a balance.
I’v been as polite as possible, and very “not in your face”.
Will put em out in a few months time, when the ol’ numbers tell me i can.
Till then…
Many thanks
Cabo Wabo
Will let you all know how i go.
Cabo Wabo
Well done you guys,
When i started reading this set of posts, i thought, “Hah! Everyone’s cagey, isn’t that just like human nature? No one wants to let the cat out of the bag.” BUT I WAS WRONG! There are some brave ones out there. Good stuff!
I’m relatively new to this forum with only one post so far, discovered it last week!
I think this forum is an absolute gold mine (thanks Steve). I’m in the mining industry, and know what gold mines look like, and this is one of them! A place where everyone shares there thoughts and ideas. Hard to find high grade, posted there on the internet – for free. Sure there’s some low grade in there, even some waste, but you do your due dilligence, and you’ll sort out the good stuff from the bad.
Now, with respect to letting the cat out of the bag, its a numbers game guys. If i put out an idea on what i believe to be a good suburb etc, do i realy think all the good deals will suddenly get snaffled up by all you “go get em” folks. Hell no! Mine won’t be the only suburb idea put forward. I’d happily risk a few more investors sniffin around a suburb in order to get feed back from a crowd as big and diverse in view as you. Whats to say we’ll be sniffin around at the same time huh?
Come on, lets get lots of cats out there!
Having said all that, there are my ideas:-
In perth, i like Parkwood (have already bought there). Parkwood has good infrastructure, bounded on 3 sides by 4 lane roads, and on the 4th side by a golf course & the new Roe highway, which is just about to meet up with the kwinana freeway!
Riverton forum (shopping complex) is actually in Parkwood, being on the parkwood side of the street corner of where Parkwood, Willeton , riverton and Ferndale all meet. It has had good growth this year, is out performing its neighbours, and is cheaper. Streets are wide, has 2 VERY large parks, and many small ones.
Parkwood was overlooked for ages because its neighbours riverton and ferndale were on to the canning river, and willeton was neighbour to booming Rossmoyne and Bull creek. Parkwood is now catching up. Council’s currently resurfacing the road throughout the suburb & putting in new street trees. Houses are mid 70’s, median house price about 230K
Now the next place i realy like is Stratton, just outside of Midland. Is less than 10 years old, very cute, but has much government housing. many 3×1’s Place already boomed a lil whle ago when everyone suddenly became interested in Midland, but i believe it will continue to grow if not as rapidly as before, because midland is now starting to come into it own. After a few years of attention Midland now the looks like its realy going somewhere. Its a damn busy place.
Westfeilds are currently turning midland’s shopping centre into one the size of carosel & Garden city. Ave house price in stratton is about 170K. Rent is good,
What do you reckon? Am i full of crap or what?[biggrin]
Ok, thats enoughh from me, gotta go have some breakfast!
Regards,
Cabo Wabo
Cabo Wabo
