Forum Replies Created
Probably a good idea to research a little before commenting, foreign investment in Gladstone has increased to over $140 Billion. QLD has lifted the lid to pandoras box with the current and future demand for LNG. That's not just some ordinary mining town. Email me for the 'project status reports' showing these figures if you like.
Alpha boomed 2 years ago
http://www.cqnews.com.au/story/2008/11/12/apn-alpha-on-brink-of-huge-mining/Collinsville is worth a look if you are after a pre boom town.. I have some good research material on this and happy to send to you if you shoot me an email.
I read the Cash Flow Quadrant by Kiyosaki when it first came out and this book changed my life. I GOT the concept of leverage in a big way from that book and owe it to Robert K for where I am today. I might add I also identify with him to a degree as I dropped out of UNI early to get into business myself.. have made and lost money, nearly been bankrupt umpteen times and somehow learned the ropes of surviving financially. Now older and wiser and enjoying some financial security (and freedom) .. valuable books.
I have a report showing all the existing and proposed Mining / LNG projects in the entire Surat and Bowen Basin areas. This could be useful for you in terms of your own research and due diligence. If you would like a copy feel free to shoot me an email.
Pt Hedland and Karratha have experienced a lot of growth and ideally wouldn't you want to get in at lower end of a property wave? If its rental income you want then these areas are ok. You might want to also consider the Gladstone region due to the massive foreign investment going on in the area. Many people from Karatha and Pt Hedland are investing in Gladstone right now due to the potential growth.. rents are also climbing steadily there.. worth a serious look in my opinion.
Genworth location guide will tell you:
http://genworth.com.au/lender-resource-centre/tools-and-resources/location-guide-australia/jojo42 wrote:Hi ,
Just wondering on the topic of Gladstone – does anyone know of or know how to find out
which suburbs are near the new LNG MInes ?Thanks
I have a report that shows every existing and proposed Mine and LNG project in the entire Central Qld area, happy to send it to you if you email me.
Hunter Valley and Central QLD especially seem to be the areas of choice right now. Gladstone in particular, alot of people don't realise how big this is and its only just started:
Hi Mjc, I have a very comprehensive report showing every mining and LNG related project existing and proposed in the Bowen Basin area (and Central Qld for that matter) .. feel free to email me and I will send you a copy.
Hi James theres beaches and a huge number of people set to move to the Gladstone area in the next few years, if you want I can send you some research material. Let me know.
Hi to everyone who has responded to this post, thank you for your inquiries, I have replied to all. Any further information required feel free to contact me any time.
I would be more inclined to research Central QLD at this point in time personally.
Hi I would be happy to send you some complementary reports on investment hot spots written by some pretty savvy researchers. Feel free to shoot me an e-mail.
Hi I can give these guys below a 10 out of 10, we have used them for quite a few of our Gladstone buyers..
Cronin Shearer Lawyers
Phone: 07 5532.2390 / Fax: 07 5531 1627
Level 1, Kay House,
35 – 39 Scarborough Street, Southport 4215
Mail to: PO Box 557, Southport, QLD 4215Here's a couple of interesting reads regarding Gladstone Real Estate and the current rental market for anyone interested:
http://www.gladstoneobserver.com.au/story/2011/02/11/lng-industry-igniting-accommodation-crisis/
http://www.gladstoneobserver.com.au/story/2011/02/08/upmarket-homes-sought-rental-housing-gladstone/
My approach to Super has been quite negative, in fact I have not invested in super at all and have put all my money into property. Reason… simply because by borrowing 90% (leveraging) I can build the overall size of the asset greater than any other asset class and the size of the asset determines the return on the investment. We all have our quirks I guess and this strategy may not suit others, that's fine. I'm happy to have all my eggs in the property basket.
I have a Residex suburb report on this area, you are welcome to email me and I will forward it to you.
If your servicing capacity supports … more property using what equity you have to increase the size of your asset is the way to go in my opinion. Its the size of the asset that your return on investment is dependent on, and the bigger the overall asset the high the return. My personal strategy has been to borrow as much as possible using as much equity as possible to build as big an asset base as possible as quickly as possible. Then sit back and let the magic of compounding growth take it away. This is not advise its mearly my own preference and may not suit you or any one else. It has certainly worked for me however. You just need to make sure you can service the debt well and manage your risk according to your investing rules.
Phorsha wrote:Hi All, I guess this question goes to all the perth property gurus out there, if you had 400k where would you invest right now and why?Thank you
Why limit yourself to WA, perhaps consider investing anywhere in the country where you would expect a solid return.. I have been telling people about the Gladstone Real Estate market for 12 months now.. incredibly, people only starting to take notice about 2 months ago. There's plenty of reports out there if you do a Google search, make sure you are reading current material though, check the dates – due to the LNG and other related contracts.
Investors Zorba wrote:cyclones?
