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  • Profile photo of grhgrh
    Member
    @grh
    Join Date: 2005
    Post Count: 5

    just randomly , in ingleburn sydney near the glenfield army barrack there are a lot of army personnel properties that have escalated in value over the past few years, shows u the merit of investing in them. they were very cheap 7 years ago like $150k 3-4bd.

    sorry i’ve got a shortmemory

    Profile photo of grhgrh
    Member
    @grh
    Join Date: 2005
    Post Count: 5

    thanks matt

    sorry i’ve got a shortmemory

    Profile photo of grhgrh
    Member
    @grh
    Join Date: 2005
    Post Count: 5

    thanks for that jjaaus, i appreciate it. I’ve seen this house already when i was in Dubbo but wasnt allowed to inspect it as there were already two other people fighting over it and they had put in offers already. It looks good except for the fact thats its on the west side. thanks .

    sorry i’ve got a shortmemory

    Profile photo of grhgrh
    Member
    @grh
    Join Date: 2005
    Post Count: 5

    hey everyone,
    i am also quite young, only 19, but im really interested and need some guidance. does anyone have any ideas to start looking around sydney ( i live here) for positive cashflow. i just came back from a road trip with the family from Dubbo (country capital of Australia)- no positive gearing there though for anyone wanting to go to Dubbo the houses on west Dubbo (which is like cut off from the east side of dubbo by maquarie river and has a considerable indigineous population living there) are much cheaper and might be able to be made into positive geared tho not alot there as rental prices are very low(as a rough guide if a house in dubbo was selling for 150 K the rental would be around 150pw. My parent were almost about to buy a nice negatively geared property but i stopped them. Anyway im wondering how can people invest in positive properties wihout having a first hand look and go in there physically which is very hard id say if ur just starting out, expenses are too much. thus i find it difficult to trust property unless i see it first hand.
    Anyone wanna kno anything else about dubbo, the surrounding areas seem to have a lot of promise prices are down because ppl have moved to dubbo and farmer’s incomes are less due to drought,etc. these areas are far from dubbo (50-65km) so i didnt get to look at them because i was really on a holiday.
    so anyone have any advice about where i go from here. Wraps sound heaps good, how do u find ppl who want vendor financing?
    tough questions they all are

    sorry i’ve got a shortmemory

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