Try places like http://www.realestate.com.au, or http://www.jaffasoft.com, or http://www.rol.osr.wa.gov.au/taxcal/ (well that last one is for WA but it might have lkinks to yuor state).

Hope these help for starters.

Cheers
C@34

Our greatest weakness lies in giving up. The most certain way to succeed is to always try something one more time.
– Thomas Edison

Hi Movingforward,
I haven’t done the DD in QLD but I am doing the same in WA atm. Mining Towns have great rental returns but the CG is far less impressive (varies from Town to Town). Main issues to look out for is a transient population! Do a lot of research on vacancy rates and market rental rates! Make a plan for when rents are good so that you…[Read more]

Hi avranjes,
yes it is rather disapointing to see the other states REI sites isn’t it! I found the same thing when I initially started.
Biggest site used by most (as I have seen it printed every-where is : realestate.com.au
Try that.

Cheers
C@34

Our greatest weakness lies in giving up. The most certain way to succeed is to always try something…[Read more]

Terry,
have you done one of these? or participated in such a transaction?

I am looking for some examples or Do’s and Don’ts as I have not done this kind of thing before so I’m new to it!

Cheers
C@34

Our greatest weakness lies in giving up. The most certain way to succeed is to always try something one more time.
– Thomas Edison

Hi Simon,
What are the requirements for a LOWDOC or NODOC Loan? What are the expected interests and conditions?

Thinking of my situation (as you are aware), would short term finance using one of these be easiest to get started?

Or do you need more info?!

Cheers

C@34

Opened up a can of worns here, didn’t we!?

Cheers

C@34

Ahaaa!

Cheers Terry. What if we took it a couple steps further (I have been discussing this with Alwayscurious):

Whooops, he beat me too it!

What if instead of you renting it, a company that you owned rents it, and you live in it for free – kind of like a fringe benefit!? If leagal it would negate some of the cons mentioned above!

Terry…[Read more]

OK Now I am Confused Terry,

Coastymike indicated : Anyway it works as follows:

1. You go to the bank and borrow say $500K
2. You then use the $500K to purchase special income units in the HDT.
3. The HDT uses the funds to purchase a property.

So I took that to mean: I take up a mortgage (pay the deposit, blabla), then buy the whole amount into…[Read more]

Heheh, that reminds me of:

Company Policy Development

It starts with a cage containing five monkeys.

Inside the cage, hang a banana on a string and place a set of stairs under it. Before long, a monkey will go to the stairs and start to climb towards the banana. As soon as he touches the stairs, spray all of the other monkeys with cold water.…[Read more]

Here’s another-one:

Q: ” How do engineers solve Constipation?”
A: ” They work it out with a pencil!”

Cheers

C@34

hI ALL,

Maybe you don’t quite understand how the hybrid trust structure works but that’s ok because neither do most accountants. Anyway it works as follows:

1. You go to the bank and borrow say $500K
2. You then use the $500K to purchase special income units in the HDT.
3. The HDT uses the funds to purchase a property.

At the end of the year…[Read more]

MoJoJo,

I concurr!

Big word for this early in the morning – nearly pulled a braincell……

Cheers

C@34

LOL!

Love the one about earnings per second – must try that one![lmao]

Cheers

C@34

CHeers Marisa,

One mentioned was a new residential development at Pretty Pool which will create about 180 new home sites in Sth Hedland. You probably already know about this one

Yes, but I also believe it has been shelved until further notice because to build each house will cost a minimum of $330K and, now that Boodarie Iron is being mothballed…[Read more]

Sabina,
do you only play versin 101 or also 202?
I have plaid 101, and haven’t been blown away by it. I do, however, like it and am eager to play 202. WHat is your opinion/experience with 202?

Unfortunately for me I’m in Norht WA so I wont make it for your games night. All the best.

P.S.: is there any-one that has these games for sale, second…[Read more]

Is the Reno-thing that you desperately want to do? WHy not invest the $100K into 2 or 3 IPs that pay for themselves without the reno?
Do you work or want to work? Why does Hubby wnat to stop working? What are your plans, other than what you have written above?

Cheers

C@34

I haven’t had any experience in this field, except that my colleagues on higher wages are using personl Leasing (novated leases) to purchase privately owned cars. There is no requirement for them to keep any logs, all services/fuel/ tyres are paid for – they did have to nominatre the K’s that they expected to accumulate during their time with the…[Read more]

Hi Marissa,
Was Hedland mentioned anywhere or was it not inclued?!

If it wasn’t, that wouldn’t surprise me as there is a funny kind of”rivalry” going on between Hedland and Karratha. Hedland is mostly depicted as the ugly sister of Karratha. One example that comes to mind immediately is when a cyclone crosses onto land between the two Towns (and…[Read more]

Or down South!?
Bunbury is/has gone off; Geraldton is doing well atm. WA is the last affordable fronteer in Oz, come and have a look, others are.

Cheers

C@34

Rito,

I have taken some interest in Hedland because it is generally always CF+! The median prices are between $200K to $260K, depending on construction! The population growth is constantly up and down depending on expansions and constructions of local mine sites, but with those come a general growing poppulation trend. The average rent yield is…[Read more]