Total Members: 158,668

Mikey P

  • Mikey P replied to the topic Beach front land less than $90K!!!!!!!!!!! in the forum General Property 13 years, 7 months ago

    Hey no worries SparkyWith Adelaide, the hills and the Fluerieu doing the run it's done KI has to be next…eh?13 mines in SA with another 30 to go……every miner needs a holiday home??For the record, if you own land on the island you get a great discount on the ferry. Cheers Mikey P

  • Mikey P replied to the topic Beach front land less than $90K!!!!!!!!!!! in the forum General Property 13 years, 7 months ago

    Hi SparkysKangaroo ISLAND. Great place. Possible that it could be the last coastal affordable land in Australia. Population of nearly 5000.Great wine, great food. No denying it's an island same as Rottnest and Hamilton Island (try buying blocks there!)Only sharing buddy!Mikey P 

  • Mikey P replied to the topic Beach front land less than $90K!!!!!!!!!!! in the forum General Property 13 years, 7 months ago

  • Mikey P replied to the topic Beach front land less than $90K!!!!!!!!!!! in the forum General Property 13 years, 7 months ago

  • Mikey P replied to the topic PURCHASING INVESTMENT PROPERTIES IN MINING TOWNS?? in the forum Help Needed! 13 years, 11 months ago

    HiThis subject is a real touchy one especially after the GFC and the effect on Real Estate prices and commodity prices in mining sectors.We have invested heavily in mining towns. One thing we have learnt is that realistically you are not essentially buying property but options on shares that give a dividend return known as rent in what ever c…[Read more]

  • Mikey P replied to the topic Diversification in the forum General Property 13 years, 11 months ago

    Hi AndrewI reckon diversification is critical to survival in the property game. Some good solid investments in different locations allows the portfolio to enter "wild card" markets with minimal risk to the "mothership". After all a sprinkle (not too much) of cheap waterfront blocks or mining town investments allows the possiblity for extraordinary…[Read more]

  • Mikey P replied to the topic help new to this whole thing in the forum Hi Thomas
    If you are looking
    13 years, 11 months ago

    Hi ThomasIf you are looking for really cheap beach front land checkout Kangaroo Island (Nepean Bay especially)Mikey P

  • It may very well create short term urgency by miners to get the most out of the ground before the tax is put into action. Resulting in a short term accomodation crisis in some areas?? = higher rental returns??CheersMikey

  • Mikey P replied to the topic anyone consider solar orientation of the block? in the forum General Property 16 years, 2 months ago

    HiI have worked in property development for 18 years both for myself and creating developments for 1000's of clients.The golden rule as I was taught and applied…..make sure the living areas are facing as northerly/easterly as possible and make sure that the south/western sides have enough protection such as wide eaves or verandahs. This allows…[Read more]

  • Mikey P replied to the topic Keeping it real?? in the forum General Property 16 years, 3 months ago

    HiThere are positives around this great southern land try Adelaide for a start.Uranium, gold, nickel are all on the up………..real estate reliant on these commodities (and not in remote areas) are all doing well. Follow the asx.com all the company announcements are there daily. if you find a series of good announcements in one area "google the…[Read more]

  • Mikey P replied to the topic Working is for Suckers??? in the forum General Property 16 years, 3 months ago

    HiI reckon Amway have a good saying!!! (not that i am in amway!!)Definition of J.O.B. is "just over broke!!"CheersMikey

  • Mikey P replied to the topic Huntfield Heights, SA – any experiences… in the forum General Property 16 years, 3 months ago

    Hybrid 2007The codes in sa are very simular to WA R codes.The only experience that I have had in SA is on Kangaroo Island in Penneshaw and Kingscote. There doesn't seem to be much differance apart from a lot more flexible in interpretation from council. I would suggest going onto the SA planning commission site, all information is there, es…[Read more]

  • Mikey P replied to the topic Huntfield Heights, SA – any experiences… in the forum General Property 16 years, 3 months ago

    Hackham is not that bad. Anywhere in SA (my opinion only) should do very very well. Take a look at the increase over the last 18 months in all suburbs and still real estate in general in SA is below replacement value. The current market seems to be driven by the mining industry and if WA is anything to go by??? who knows what will happen.Take a…[Read more]

  • Mikey P replied to the topic comments by Steve Mcnight on slump in the forum General Property 16 years, 7 months ago

    WowA lot of negative feedback here!!!!!!!!!!!!! Gold has just reached record highs, china and india are thirsting more and more of our iron ore and nickel……..the eastern states have resurfaced on the investment scale, wa is holding guys guys don't panic we live in a period that is not once in a life time or once in a century this emergance of…[Read more]

  • Mikey P replied to the topic Beach Side Vacant Land in the forum General Property 16 years, 8 months ago

    Update Kangaroo Island just voted "Best Island in the South Pacific" and # 5 in the world.I am not endorsing this place but I am investing there.Mikey

  • Mikey P replied to the topic Geraldton WA – diamond in the rough in the forum General Property 16 years, 8 months ago

    HiGeraldton did boom about 18 mths or so ago…but I don't think she has finished yet. With all the mining activity in the midwest and the port there's only one way it can go (my opinion only do your own research). I invested on the beach front two years ago in Kempton St. We have recorded exellent capital appreciation to date and yes I believe…[Read more]

  • Mikey P replied to the topic Found that elusive positive cash flow property… finally in the forum General Property 16 years, 8 months ago

    HgwellsWell done fantastic!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Get some good capital growth over the next few years and you won't be able to wipe the grin off your faceMikey P

  • Mikey P replied to the topic Beach Side Vacant Land in the forum HiTry Nepean Bay, 16 years, 8 months ago

    HiTry Nepean Bay, sapphiretown on Kangaroo Island. Cape Jervis in SACheersMikey ps I own land on KI. I am not endorsing this place though.

  • Mikey P replied to the topic Where are there positive cash flow properties in Au? in the forum General Property 16 years, 8 months ago

    G'DayYes it seems mining towns do still produce CF+ investments. Kambalda is one such place. I have been investing there for a number of years and it's still going very strong. Rents are on the rise due to supply and demand. There is not much chance of building new housing there as the cost factor out weighs the resale price. Mines there are…[Read more]

  • Mikey P replied to the topic Taking the Second Step in the forum General Property 16 years, 9 months ago

    JuderIf you feel the need to invest just do it so long as you can afford to wait. There's only one commodity between all of us making huge money and that is time. Buy in the right place at the right time then……..get out when you've made enough. Keep reading this web site it will give you so many leads. Good luck!Mikey

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