Forum Replies Created
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Well from what i can see you have done a reasonable amount of due diligence on this property. With COCR of 12.3%.
Thanks Matt
That’s want i wanted to know, if i got the numbers right? Now i consider that i have learnt one component of property investing.I have read the post about investing in rural, i read it with interest. I’m in two minds about that. Though since im from the country i tend to back it a bit. Though one mind is open to invest in larger towns (10-20 thousand) Though i take your piont and i think there right. I don’t know what the town is like iether perhaps putting the vacancy down a few weeks would be a better way of calculating these country towns anything.
Harder to get 80% loan in rural towns.
I think this house would break ya rather then make ya. On the other hand i know i havent done any research about the location or the condition of the house.
I live in the country why do you find it so dodgy that someone would move into a house in the country? If it’s a investment property near the Murray River all the better , i would like to move there because i will be putting my houseboat on the Murray sometime in the next two years.
For the right situation i would live in a first home. It’s just an exercise in the due diligence!! I wont be buying a house for two years probably unless circumstances change.
Once i found a house that seemed an ok one to do a due diligence on i showed it to the forum to show that positive cashflow houses exist evan though its not a real good one. A lot of posts i have noticed say there is none about.Have you got something to say about the deal that i mite be able to learn something from??
Have you had any experience? Can you say anything about the deal. I think its a lemmon. What do you think?Hypothetically the house would be rented for 25 years or more it would only be one year that I would live in it before I could rent it. I have based my calculations on renting it after I have moved out.
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Ok, i’ll rephrase it – Jaffasoft, in case you hadn’t noticed this forum is for people interested in property investing…. My niece tells me Hi-5 have a great interactive website, perhaps that would be more appropriate for you to join ??Fatboy they have a nice McDonalds store for you to go too. You regular attention seekers in the site get to be a bit of a bore. Esp when you follow each other around in a pack to offend people. Why don’t you’s get a life sometimes its good to here what other people have to say. Theres always the regular attention seekers in any forum.
Melbear you have been following me around and harrasing me with your personal vendetta. But you don’t like it when you get it back. And plead the ohhhh Mr Innocent. You have been judgemental from the start when i entered this site. All you’s do is judge people and form your own opinions and they have been completly wrong. You’s were completely wrong you dim witted fools. And you expect me to take your advice in the property investing game.
Its seems to be the truth that you guys dont like. Well if you don’t like it, get out , but dont follow me around harrasing me in the forum threads with your judgemental attitudes.
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Yeah, I get the feeling that my name is appearing far too often – especially when I look at active topics, and all I see as the last poster is ‘melbear’
Yeah, your right about that [
].How mutch is a good amount for a spotter to be payed?
Or is that equivalent to asking how long is a peace of string.
Whats a reasonable price..
].
