Total Members: 158,200

homer

  • homer replied to the topic Selecting an area to invest in in the forum Help Needed! 19 years, 9 months ago

    My concern is: would all property managers in the area give me ‘best case scenario’ though? If they told me rental market was difficult in the area they’d put themselves out of job.

    My point is: how would property managers be objective and independent as they do have a vested interest in the real estate market in the area.

  • homer replied to the topic Selecting an area to invest in in the forum Help Needed! 19 years, 9 months ago

    Thank you for your response.

    I agree that talking with people on the ground would probably be my best bet.

    I still have questions though:
    [confused2]
    What do you mean by “independent property manager”?

    Would you still look at the official figures though like population and employment etc as I wouldn’t want to invest in a town that’s…[Read more]

  • homer replied to the topic Evaluate the ‘rentability’ of a property in the forum Help Needed! 19 years, 9 months ago

    Hi Monopoly

    “Try http://www.property.com.au and check out the free suburb snapshot, see how the area is faring as far as growth, household occupancy, no. of schools in area, area size etc etc etc.”

    What criteria will you consider when deciding whether to invest in a town? I’ve looked at the snapshot but it didn’t make much sense to me. Would you…[Read more]

homer

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