PropertyInvesting.com | Mikey P | Activity https://www.propertyinvesting.com/members/mikey-p/activity/ Activity feed for Mikey P. Sun, 12 Apr 2026 13:54:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c009c8fd5dffec5062ff9b7885c36722 Mikey P replied to the topic Beach front land less than $90K!!!!!!!!!!! in the forum General Property https://www.propertyinvesting.com/topic/4402017-beach-front-land-less-than-90k/#post-4637061 Tue, 30 Nov 2010 13:48:32 +0000 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

]]> 930ef52345a9bf3b0f12217ed9e97c14 Mikey P replied to the topic Beach front land less than $90K!!!!!!!!!!! in the forum General Property https://www.propertyinvesting.com/topic/4402017-beach-front-land-less-than-90k/#post-4637059 Mon, 29 Nov 2010 13:10:16 +0000 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 

]]> d9a2256a1e803a129976371e51ab5571 Mikey P replied to the topic Beach front land less than $90K!!!!!!!!!!! in the forum General Property https://www.propertyinvesting.com/topic/4402017-beach-front-land-less-than-90k/#post-4637057 Fri, 26 Nov 2010 01:36:55 +0000 Sorry wrong suburb!!!!!!!!!!!! Try this link http://www.realestate.com.au/property-residential+land-sa-nepean+bay-2567927

]]> dfe5df88a8f8bf59736091a38a9b1136 Mikey P replied to the topic Beach front land less than $90K!!!!!!!!!!! in the forum General Property https://www.propertyinvesting.com/topic/4402017-beach-front-land-less-than-90k/#post-4637056 Fri, 26 Nov 2010 01:31:41 +0000 http://www.realestate.com.au/buy/property-land-in-american+river%2c+sa+5221/list-3?activeSort=price-asc follow this link. Just to let you know I own land here.

]]> d6fb3afc02de17a3e943ee4c9e757375 Mikey P replied to the topic PURCHASING INVESTMENT PROPERTIES IN MINING TOWNS?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400714-purchasing-investment-properties-in-mining-towns/#post-4628929 Mon, 02 Aug 2010 03:08:23 +0000 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]

]]> 1610b42949241eece4b2c66452277b46 Mikey P replied to the topic Diversification in the forum General Property https://www.propertyinvesting.com/topic/4400566-diversification/#post-4628088 Tue, 27 Jul 2010 06:57:10 +0000 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]

]]> f507d91836e497ffd671e0f81d8a758c Mikey P replied to the topic help new to this whole thing in the forum Hi Thomas If you are looking https://www.propertyinvesting.com/topic/4400664-help-new-to-this-whole-thing/#post-4628649 Mon, 26 Jul 2010 01:25:41 +0000 Hi ThomasIf you are looking for really cheap beach front land checkout Kangaroo Island (Nepean Bay especially)Mikey P

]]> 0ffa7f306283ca25065eae6f9b045a61 Mikey P replied to the topic 40% Resources Tax ... are there any implications for property investing in mining towns? in the forum General Property https://www.propertyinvesting.com/topic/4399759-40-resources-tax-are-there-any-implications-for-property-investing-in-mining-towns/#post-4623425 Thu, 13 May 2010 07:40:06 +0000 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

]]> e9c51c5af5217a094ed4b0d54c5f88bd Mikey P replied to the topic anyone consider solar orientation of the block? in the forum General Property https://www.propertyinvesting.com/topic/4392658-anyone-consider-solar-orientation-of-the-block/#post-4584396 Thu, 03 Apr 2008 04:06:25 +0000 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]

]]> 6d26457e12503d195264a0d8338c5849 Mikey P replied to the topic Keeping it real?? in the forum General Property https://www.propertyinvesting.com/topic/4392678-keeping-it-real/#post-4584480 Mon, 31 Mar 2008 09:31:33 +0000 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]

]]> 00f75b84a97d152f832d0e8ea84d47cb Mikey P replied to the topic Working is for Suckers??? in the forum General Property https://www.propertyinvesting.com/topic/4392774-working-is-for-suckers/#post-4585227 Sun, 30 Mar 2008 10:21:55 +0000 HiI reckon Amway have a good saying!!! (not that i am in amway!!)Definition of J.O.B. is "just over broke!!"CheersMikey

]]> 52022d501c12ce599a5c76c2de3e421e Mikey P replied to the topic Huntfield Heights, SA - any experiences... in the forum General Property https://www.propertyinvesting.com/topic/4392444-huntfield-heights-sa-any-experiences/#post-4583376 Sat, 15 Mar 2008 02:58:02 +0000 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]

]]> b08f91897f876f23f3012aae214906ae Mikey P replied to the topic Huntfield Heights, SA - any experiences... in the forum General Property https://www.propertyinvesting.com/topic/4392444-huntfield-heights-sa-any-experiences/#post-4583374 Fri, 14 Mar 2008 03:59:28 +0000 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]

]]> 4c8595a4535398e9d0f59af17ad996c4 Mikey P replied to the topic comments by Steve Mcnight on slump in the forum General Property https://www.propertyinvesting.com/topic/4391394-comments-by-steve-mcnight-on-slump/#post-4577008 Sun, 11 Nov 2007 12:21:55 +0000 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]

]]> e025729a33cb60163afaadb7714ad44e Mikey P replied to the topic Beach Side Vacant Land in the forum General Property https://www.propertyinvesting.com/topic/4391224-beach-side-vacant-land/#post-4576220 Fri, 02 Nov 2007 01:42:22 +0000 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

]]> b6d8cf6030ac0367360c4cc69471a13b Mikey P replied to the topic Geraldton WA - diamond in the rough in the forum General Property https://www.propertyinvesting.com/topic/4391272-geraldton-wa-diamond-in-the-rough/#post-4576494 Fri, 02 Nov 2007 01:38:42 +0000 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]

]]> e0c41e7600637e87c4b420cad5cfaaf1 Mikey P replied to the topic Found that elusive positive cash flow property... finally in the forum General Property https://www.propertyinvesting.com/topic/4391330-found-that-elusive-positive-cash-flow-property-finally/#post-4576713 Fri, 02 Nov 2007 01:32:09 +0000 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

]]> 58e5df3c95b8b4e70cde5b6ab3cf3192 Mikey P replied to the topic Beach Side Vacant Land in the forum HiTry Nepean Bay, https://www.propertyinvesting.com/topic/4391224-beach-side-vacant-land/#post-4576219 Fri, 26 Oct 2007 08:35:18 +0000 HiTry Nepean Bay, sapphiretown on Kangaroo Island. Cape Jervis in SACheersMikey ps I own land on KI. I am not endorsing this place though.

]]> 183c9bbdf8e1fce9436c4bc14075613a Mikey P replied to the topic Where are there positive cash flow properties in Au? in the forum General Property https://www.propertyinvesting.com/topic/4391144-where-are-there-positive-cash-flow-properties-in-au/#post-4575825 Wed, 17 Oct 2007 03:41:59 +0000 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]

]]> b2a0965efa79bbe394ed93cebefe5041 Mikey P replied to the topic Taking the Second Step in the forum General Property https://www.propertyinvesting.com/topic/4391010-taking-the-second-step/#post-4575200 Tue, 02 Oct 2007 12:23:26 +0000 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

]]> 2dd614e8f10b5f81ae59d8b6a139f491 Mikey P replied to the topic Adelaide property forecast in the forum General Property https://www.propertyinvesting.com/topic/4390991-adelaide-property-forecast/#post-4575080 Tue, 02 Oct 2007 12:12:09 +0000 Hi KumJason Hughes at Fleurieu Realty in Normanville is the man to speak to. Sorry don't have his No check it out on realestate.comCheersMikey

]]> ab8f3c944b1dffc123c6b603ceec598c Mikey P replied to the topic Adelaide property forecast in the forum General Property https://www.propertyinvesting.com/topic/4390991-adelaide-property-forecast/#post-4575077 Mon, 01 Oct 2007 06:30:32 +0000 Checkout the BHP web site for the MASSIVE expansion at Olympic Dam at Roxby Downs. Adelaide is still way under priced compared with else where. The lack of infastructure in the city ie sewer and especially water is going to make it very expensive to develop more land to cope with any significant population growth. Growth is happening there, you…[Read more]

]]> 66ddf9551d524446377d1fc1109dcc7d Mikey P replied to the topic Examples Positive Cash Flow Property - Perth in the forum General Property https://www.propertyinvesting.com/topic/4390923-examples-positive-cash-flow-property-perth/#post-4574729 Mon, 01 Oct 2007 02:26:41 +0000 HiWould say CF+ in Perth would be a tough ask. last time i spoke to someone in the "know" from the Real Estate institute investors were happy @2% return!!for fear of sounding like a stuck record checkout the goldfields especially Kalgoorlie and Kambalda. Rents in both these places are around 8%-12%. Capital growth in the last two years has been…[Read more]

]]> 9cd1a6557a7498c53cbe8f9d0868a8e0 Mikey P replied to the topic Partner Resistance Issues in the forum General Property https://www.propertyinvesting.com/topic/4390348-partner-resistance-issues/#post-4571472 Sun, 05 Aug 2007 10:55:21 +0000 G'DayBuy your partner a copy of "rich dad poor dad" and "Cashflow quadrant" tell them to read those books and if they still are unsure……………………………?????????????????????? That's how I educated my wife. Good luck.Mikey P

]]> 1197484102dc43b23642f16a7bd3239a Mikey P replied to the topic kangaroo island??????????????? Seems cheap???????????? in the forum GuysI reckon you're spot https://www.propertyinvesting.com/topic/4390291-kangaroo-island-seems-cheap/#post-4571078 Sun, 05 Aug 2007 10:41:17 +0000 GuysI reckon you're spot on.Anything around sellicks south is unbelievable value. Don't be scared of Myponga, Normanville or even second valley all worth a look beachside towns all within an hour of CBD Adelaide and well below repacement cost "on what could be the eve of the SA real estate boom".I am not endorsing these places but I am investing…[Read more]

]]> 45c87cb5431a13aebbcb5320897ebe4e Mikey P replied to the topic kangaroo island??????????????? Seems cheap???????????? in the forum General Property https://www.propertyinvesting.com/topic/4390291-kangaroo-island-seems-cheap/#post-4571074 Fri, 03 Aug 2007 02:59:04 +0000 Getting there 8 ferries per day 8 flights go there per day. All services are there. Major commerce centre is Kingscote population over 2000. penneshaw pub is being renovated $2m on internal only. kerry Stokes and james packer have land there also. Vivonne beach was voted the best beach in australia.mikey p

]]> 0b89ffde3f167a604035b39b7f9dde63 Mikey P replied to the topic Kambalda in the forum General Property https://www.propertyinvesting.com/topic/4390363-kambalda-2/#post-4571560 Fri, 03 Aug 2007 02:47:51 +0000 DomTake a look at the previous posts i have done on Kambalda.A new development in Kambalda that's only 48 hours old is that there is 450 new people coming into town in 5 weeks or so. The plan was to put around 400 donga types around town. This was passed by shire…..check the Coolgardie shire minutes from June. They expect 10% (45 families) to go…[Read more]

]]> 19ad6511d69ce3c6ee71aeb1bedc573a Mikey P replied to the topic kangaroo island??????????????? Seems cheap???????????? in the forum General Property https://www.propertyinvesting.com/topic/4390291-kangaroo-island-seems-cheap/#post-4571073 Thu, 02 Aug 2007 05:49:14 +0000 I went to SA last week. Thought I'd go across to the Island. What fantastic real estate!!!There are alot of investors there buying at the moment. Ask the agents on the island. I bought some more land there as well….interesting place to say the least.CheersMikey P

]]> 429bd83a1ef6555b0dddf94d3672b9b2 Mikey P replied to the topic How many IPs do you have? in the forum General Property https://www.propertyinvesting.com/topic/4389798-how-many-ips-do-you-have-2/page/2/#post-4568770 Tue, 24 Jul 2007 13:28:07 +0000 Great post!!!!!!!!!!!!!!!Love it……Keep going it's very inspirational. It's great to see we are all on the way to the top.CheersMikey P

]]> f4074bea85e7eb81c6455f1c8a7a6937 Mikey P replied to the topic Kambalda as of 22nd July 07 in the forum General Property https://www.propertyinvesting.com/topic/4390257-kambalda-as-of-22nd-july-07/#post-4570987 Sun, 22 Jul 2007 10:16:46 +0000 Sorry forgot to add i will be off to South Australia on 27th July for 4 days to buy some Real Estate with 8 other investors. We've done our homework there and I'm as excited about that place as much as Kambalda. I will post any findings when I get back.CheersMikey P

]]> 64c0785828385af7f6dc2c9db65676a6 Mikey P replied to the topic How do you invest in a down turn in the forum General Property https://www.propertyinvesting.com/topic/4390102-how-do-you-invest-in-a-down-turn/#post-4570092 Fri, 06 Jul 2007 06:13:12 +0000 Only one thing standing between you and making a profit on any real estate is time!!!!!!!!!!

]]> a4105c04b075afd3fdc6c40d3defb436 Mikey P replied to the topic Property Market Hotting Up in the forum Guys GuysAs Xenia has been https://www.propertyinvesting.com/topic/4390021-property-market-hotting-up/page/3/#post-4569737 Thu, 05 Jul 2007 14:16:41 +0000 Guys GuysAs Xenia has been pointing out……………………………………Adelaide, Adelaide, Adelaide. Take a look I'm in shock!!!!!!!!!!!!!!Mikey PI'm going to buy a few there and that's from a WA convert that's made a bit over the last decade in Perth..

]]> c945e283f1583060cd0acfc5c3717bdb Mikey P replied to the topic Adelaide What's going on??? in the forum General Property https://www.propertyinvesting.com/topic/4390113-adelaide-whats-going-on/#post-4570203 Thu, 05 Jul 2007 14:07:52 +0000 XeniaWow…….thanks for that. I have read some comments from your previous posts. Man can't wait to get back to SA. I reckon i'm sold on your town!!!!Stay luckyMikey P

]]> d5f98b92a4261b85d1a75798adfd74dd Mikey P replied to the topic should agents commissions come down? in the forum General Property https://www.propertyinvesting.com/topic/4390110-should-agents-commissions-come-down/#post-4570154 Thu, 05 Jul 2007 08:12:40 +0000 G'DayI agree agents fees are way too high if they only sell the property for what it's worth. On the other hand if they sell it for a premium that more than covers their commission everyones on a win. I had this discussion with an agent a few years ago and that's what he said…it made sense to me. I'll pay good agents what they  want (within…[Read more]

]]> 0ec04ed61e99ec9c9bbd7f209308ab07 Mikey P replied to the topic How do you invest in a down turn in the forum General Property https://www.propertyinvesting.com/topic/4390102-how-do-you-invest-in-a-down-turn/#post-4570085 Wed, 04 Jul 2007 13:09:05 +0000 Hi devo7My method is look for real estate that's for sale at well below replacement value in an area that's tipped for industrial expansions. It means logging on to the asx site daily and reading the announcements. Seems to have worked for me.Somewhere some place is just about to encounter a growth phase.Stay luckyMikey P

]]> def054bb64dc6320cef2c193992892fe Mikey P replied to the topic South Mandurah WA in the forum General Property https://www.propertyinvesting.com/topic/4389955-south-mandurah-wa/#post-4569441 Tue, 26 Jun 2007 13:42:03 +0000 Hi JonathanGiven stamp duty and re sale charges you would need at least 10% to breakeven. As a Southwest investor for the last 20 years or so port boulvard was a great investment some 3 years ago now…????? who knows. If you want to increase your $$$$'s in a year or so then do you believe the block will be worth $xxxK +? You've also gotta make…[Read more]

]]> 23721811c10b5bdf6e7ab5c4369d8019 Mikey P replied to the topic Kambalda cash flow +ive in the forum General Property https://www.propertyinvesting.com/topic/4389915-kambalda-cash-flow-ive/#post-4569304 Fri, 15 Jun 2007 09:22:30 +0000 Hey LA AussieIf you're in Kal and investing you must have made multi millions!!!!!!!!!!!!!!!!!!!!!!! Good on ya! The good thing is it's only just started. My brother-in-law is in the know as he runs the HR department in one of the "richest and biggest miners" in the goldfields, that's where i get my info from. If we were dealing in shares the wo…[Read more]

]]> 06a8fa1c2ef6ba13b798e9e3240b042d Mikey P replied to the topic Kambalda in the forum General Property https://www.propertyinvesting.com/topic/4388513-kambalda/#post-4562644 Mon, 26 Feb 2007 02:20:52 +0000 Hi
I own a few up there. I purchased some more over the last week or so. I have held property there for the last 18 months. The place is starting to really boom. It has doubled in the last few months and (although I cannot guarantee it) looks like doing the same in the next 6 months due to supply and demand. There are very few rentals left and…[Read more]

]]> e492afd82b2320ca1850a85739e885ed Mikey P replied to the topic re:kambalda wa in the forum No Subject https://www.propertyinvesting.com/topic/4383422-rekambalda-wa/page/2/#post-4536716 Fri, 09 Feb 2007 05:45:48 +0000 Deanna
That sounds very very interesting.
Not only for Kambalda but for other remote locations.
Tell us more!!!
Mikey

]]> 5533810321d939ede9d5d8e67f7f2142 Mikey P replied to the topic re:kambalda wa in the forum No Subject https://www.propertyinvesting.com/topic/4383422-rekambalda-wa/page/2/#post-4536714 Wed, 31 Jan 2007 02:19:14 +0000 With the price of Nickel hoovering around $40,000US/t at present and investments in Kambalda showing @ 8% return and capital growth/rental returns rising rapidly due to the availablity of long term mining leases on good housing in town, I am sure glad I invested over there!!!!!!!!!! There still looks like there is a huge up side to come. Shares…[Read more]

]]> 4de7558acf36aaf9884973c366053757 Mikey P replied to the topic Hindsight is a beautiful thing in the forum General Property https://www.propertyinvesting.com/topic/4388021-hindsight-is-a-beautiful-thing/#post-4560420 Tue, 16 Jan 2007 01:45:19 +0000 Pevans
You must be talking about Newman?
Just missed that one as well!! It taught me a valuable lesson..
Hindsight as they say is Twenty20 vision!!!!!
Regards
Mikey

]]> d11c7d93ce55a3d5004073ab6d29f4ea Mikey P replied to the topic Positive cashflow properties in current market?? in the forum General Property https://www.propertyinvesting.com/topic/4387611-positive-cashflow-properties-in-current-market/#post-4558394 Thu, 07 Dec 2006 07:03:52 +0000 /

]]> 58ce9bec57932d80c0468c3448065adf Mikey P replied to the topic Positive cashflow properties in current market?? in the forum General Property https://www.propertyinvesting.com/topic/4387611-positive-cashflow-properties-in-current-market/#post-4558393 Thu, 07 Dec 2006 05:04:16 +0000 Welcome to the site!!
Do a search through the forums on this topic there’s heaps of great info.
To get you started log onto http://www.realestate.com.au check out kalgoorlie and especially kambalda in the WA goldfields there’s heaps of cash flow positive properties there. I’ve got a few over there and they are working very very very well!!! And there…[Read more]

]]> 14e882cf6ee3734451af1c301243730e Mikey P replied to the topic Kalgoorlie - CF+ in the forum No Subject https://www.propertyinvesting.com/topic/4386755-kalgoorlie-cf/#post-4554416 Fri, 24 Nov 2006 02:11:31 +0000 Kalgoorlie at present is starting to make a huge run. The expansions that are happening there are huge. There are several massive projects planned for the area in next few months one in particular with a company by the name of BHP (nickel west). I won’t mention any figures because I’m still coming to terms with what it will do to the market in…[Read more]

]]> 14b39089c8b57f736f90dae00e62cb14 Mikey P replied to the topic Making offers on property? % below listing price in the forum General Property https://www.propertyinvesting.com/topic/4387183-making-offers-on-property-below-listing-price/#post-4556421 Thu, 23 Nov 2006 05:37:19 +0000 In my experience, when you find a market thats ready to invest in (house price well below replacement value with local expansions ready to hit in the next 6 – 12 months and job vacancy on the rise) then have a good look around. Markets that have been flat or going backwards for a number of years are perfect.
Find the average price, learn what…[Read more]

]]> cbfcbb70e8aa9182cab0ebe2177958ce Mikey P replied to the topic Priceless Text- "I'm a Real Estate Investor"!! in the forum General Property https://www.propertyinvesting.com/topic/4387403-priceless-text-im-a-real-estate-investor/#post-4557444 Mon, 20 Nov 2006 06:50:29 +0000 Wow..Wealth4life…
Fantastic. That’s something Donald Trump would do.
Bet the orginal Vendor is spewing!!
O’ well information and knowledge equals success on a huge scale………………. when both are actioned!!!

I love it……

Mikey P[strum]

]]> d107d446ea83fa0c5bb82df5313ba965 Mikey P replied to the topic Priceless Text- "I'm a Real Estate Investor"!! in the forum General Property https://www.propertyinvesting.com/topic/4387403-priceless-text-im-a-real-estate-investor/#post-4557442 Mon, 20 Nov 2006 06:16:18 +0000 I went to a property management seminar three weeks ago. A lady started her own real estate office in Perth and built a rent roll (portfolio of managements) of 579 in just over three years. After paying her staff and overheads she netted between $25,000 – $30,000 per month. She sold it a few years later for just a smidge under $2m!!
Another way of…[Read more]

]]> 652ee4b69978ac2bd5e8b9bf489d7699 Mikey P replied to the topic Priceless Text- "I'm a Real Estate Investor"!! in the forum General Property https://www.propertyinvesting.com/topic/4387403-priceless-text-im-a-real-estate-investor/#post-4557437 Thu, 16 Nov 2006 09:16:57 +0000 Great love it!!!
L.A Aussie maybe he hasn’t got any rentals???
Maybe he makes ugly houses pretty and sells them time and time again and lives on the winnings??
Cheers
Mikey P

]]> e356862bf657c4a8f0cc64624ebefd1c Mikey P replied to the topic Positve Gearing? in the forum No Subject https://www.propertyinvesting.com/topic/4387389-positve-gearing/#post-4557384 Tue, 14 Nov 2006 05:27:22 +0000 Hi
I will sound like a stuck record here but checkout Kalgoorlie and Kambalda on http://www.realestate.com.au these two places are showing great returns..well into cashflow+. The growth over the next few years over there is huge. Kambalda especially is focusing on building their community rather than allowing fly in fly out type workers that create a…[Read more]

]]> a495a0c4d4a04802df6ca2805ddc75ef Mikey P replied to the topic market conditions in Bunbury W.A in the forum General Property https://www.propertyinvesting.com/topic/4387365-market-conditions-in-bunbury-w-a/#post-4557201 Fri, 10 Nov 2006 08:06:23 +0000 The market in Bunbury seems to have slowed a little, however inter state and international buyers especially from the UK and South Africa are still keeping the show on the road. There are several exciting projects planned for this area. The Worsley expansion is scary because…so I’m told there will not be a work camp on site. That means…[Read more]

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