PropertyInvesting.com | michmich | Activity https://www.propertyinvesting.com/members/michmich/activity/ Activity feed for michmich. Fri, 17 Apr 2026 11:27:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9ece69f91aef4b8046e9ac1821648e74 michmich replied to the topic Looking for first IP in mining towns in the forum Help Needed! https://www.propertyinvesting.com/topic/4407356-looking-for-first-ip-in-mining-towns/page/2/#post-4675424 Thu, 13 Sep 2012 04:51:16 +0000 Hi Sunny,

reallly really really important to spend time on your due diligence….
Be careful with lots of QLD mines particulary Emerald….great returns but very flood prone…most insurance comp. will not insure there.
Call the local council in the area that youre interested in and see what plans they have for the future…

I have 2 prop. in…[Read more]

]]> 65608847f4654b4a44345a1dd0d40d86 michmich replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Help Needed! https://www.propertyinvesting.com/topic/4404256-qld-mining-regions-bowen-surat-basins-gladstone-willing-to-help-anyone-with-questions/page/15/#post-4652268 Thu, 19 Apr 2012 13:17:00 +0000 Hi Josh, my partner and I were about to purchase in Emerald however our insurance broker who deals in mining prop..around Qld advised us not to proceed with the purch. Insurance apparently is very high, and Emerald is extremely flood prone. Is this correct? Were you affected in the last floods? He did however say that he agreed that all the no’s…[Read more]

]]>