[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

February 3, 2014 - 6:16 am

Thanks All.

Spoke to the agent who will waive the letting fee (2 weeks rent) as a compromise so I'm happy to run with them.

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

February 2, 2014 - 10:58 am

Should add there is no tenant in place

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 13, 2014 - 8:59 pm

Hi Terry. No guarantees but 2 x directorships

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

April 7, 2011 - 2:56 am

I went to HSBC yesterday and was emailed a form from their international banking centre to get things started.

I noticed after completing the form that the email was prefaced with:

Thank you for your enquiry on the HSBC account in the USA.

*This is to inform you that we can certainly assist with your request to set up an account in the USA, however there is an International Service Fee of $200 AUD and as per the most updated regulation laid down by HSBC USA, It is MANDATORY for you to be an existing customer and hold an account with HSBC for at least the last 3 months, the USA would not process an account if this criteria is not met.

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

April 28, 2010 - 11:57 am

Three big drivers for Kingaroy:

$1 billion wind farm

$500mil Kunioon coal mine

UCG project and 400mw power station

It has averaged 12% growth per annum for the last 10 years, vacancy rate around 2%

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

July 28, 2009 - 10:43 am

Hi

There is plenty of data around – this forum is a good source.

Independent valuers, RPdata reports, mortgage brokers and past sales histories available around the place.

Terry Ryder at hotspotting.com.au is excellent

Even ask a question here, it is amazing how many people have good local knowledge.

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

July 28, 2009 - 10:34 am

Hi Daniel,

I would think about where you will work. A couple of thoughts:

Also, if you can find something which might cost a little more but have a granny flat you could get additional rent if required.

Australian National University (ANU) also look for accomodation for foreign students which can pay good $$.

I am a long time Canberran, grew up on the south side so am a bit biased.

You might find a private sale on allhomes.com.au or in the columns at the rear of the Saturday Canberra Times (even put your own classifed in both).

Here are a few around your price range:

http://www.allhomes.com.au/ah/ah0073?slid=167365640

http://www.allhomes.com.au/ah/ah0073?slid=167368994

http://www.allhomes.com.au/ah/ah0073?slid=167376772

http://www.allhomes.com.au/ah/ah0073?slid=167371739

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

February 7, 2008 - 8:11 am

Here is a dodgy response that I have contemplated: Get a PO Box near where you work and direct all your mail there – as far as the tax man knows you still live there. Treat the new place as an IP , keep the old place, tenants pay rent into the mortgage account. Only problem is capital gains will be taxable on the new place, although there are probably some timing rules which may help you. (Also is a form of tax evasion I suppose – but I actually read something similar in an investors club newsletter once!)

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 28, 2008 - 9:19 am

Just came back from Brissie and have the bug to head north again! Skate rink is a great call – might help to reduce the costs a lttle!

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 28, 2008 - 8:32 am

I am on the ACT border. Thanks for the reply – I am considering finding a pool builder and offering him cash,
Cheers

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 27, 2008 - 10:51 am

I have some relos very keen on Nebo – they have been to investigate and are thinking about a development.

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 25, 2008 - 11:07 am

I was ready to subdivide in Deagon around 12 months ago and was looking at similar costs.

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 16, 2008 - 2:37 am

I have a copy I am willing to sell – email me.

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 14, 2008 - 11:55 pm

I think I know the one!

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 14, 2008 - 11:39 pm

Hi Noobie,

Where did you buy out of interest?

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 14, 2008 - 8:31 pm

Thanks- gross yield would be approx 5%. I notice Christies Beach has a few vacancies – hard to guage at O'Sulivan though because of its size.
Any thoughts on the negotiating in SA?

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

January 14, 2008 - 11:58 am

Thanks – I hesitantly put an offer in there but need to rethink!

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

August 7, 2007 - 7:20 am

You might want to get a good handle on subdivision costs before you go ahead. Depending on the council it could be scary. Town planner/surveyor or council can help you out.

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

August 7, 2007 - 7:17 am

I have used ABIS – they were excellent.
Web address is actually http://www.abis.com.au or 1800 19 20 21

[lilyhutchMember@lilyhutchJoin Date: 2007Post Count: 49]

May 16, 2007 - 4:50 am

Great idea! My questions are:
Best methods to finance?
What structure is required for ownership?
What are the most relevant indicators in the market? and
Where can I find sources for independent research?
Tim