The property is in QLD and he paid $188K.

Hi There,
My first input to the forum. So, hello all and thanks to the team managing and maintaining the site. Keep up the good work.

I am Turkish, so I thought I might give you guys a background.

Originally posted by quiggles:
If Turkey largely runs on Islamic principles, then mortgages may be illegal. If they are, you can expect no property…[Read more]

My thinking is a little different.

I think you should take the money now and run.

You’ve learnt some good lesson in what you have done so far and you can find lots of opportunities in Peth.

With cash in your hand now you can divide and maybe buy two projects in WA – there is still growth there now if you are careful.

This is partly a timing…[Read more]

Thanks for the supportive words ecatt.[hair2]

I’ve had a look at blocks of land and have spoken to some builders.
I’ve done the numbers and have found that it may be a possibility to borrow the full amount against the value of my home (scary already) build a house on a vacant block and sell within 8 months and keep the…[Read more]

Will be attending auctions soon of the type of property I’m seeking to see what the market is prepared to pay in today’s climate.

In addition I’ve found that there is a shortage of quality rental stock but having crunched some numbers I’ve found that it is the costs that really need to be carefully looked at to make the real estate viable…[Read more]

Derek and Thomas thanks for replies.

Yes I have thought about all the costs involved and the initial plan was to have $50K left over for investment after all costs including agents, taxes etc. I think it is a possibility depending on how desperate the seller is for the other property but a remote one at this stage so I I’ll keep a bit of an eye…[Read more]

Scoped out the market today and found there is a shortage of certain types of rental properties in a certain area.

I am thinking of sourcing a large company that needs the rental and asking what they would like and then proceeding to build based on their needs if they are prepared to sign a long term lease in advance.

Then possibly proceeding if…[Read more]

I have zero $ in the bank. In fact I owe some money on the credit card.

However I do own my home outright and I am thinking of downsizing the home. Drastic step I know given that I can borrow against the equity – but I am in an expensive home and I may be able to find one that is quite good enough and really free up some actual real money. I…[Read more]

It’s hot and the miners usually dig their own holes to live in.

‘Stay Happy and you’ll be Perfectly Fine’ – Jack

Welcome to Vic Straw610. I too have made the move here from WA and also have a wife and small bub of just 8 months.

We live in a very small apartment in Armadale – East Suburbs. We continue to look for prpoerty in the east suburb area. Its got great infrastructure ie easy access to trains (to CBD) and the freeway if you just want to duck off…[Read more]

22nd of Jan is no good unless it’s in the morning.

How about the 17th of Feb?

‘Stay Happy and you’ll be Perfectly Fine’ – Jack

thanks folks. I have been back in NZ for the last 3 weeks and have not been around to reply. I will try through a broker.

n speed

LOL why stop at 25 levels?!

Cheers,
Jacob.

‘Stay Happy and you’ll be Perfectly Fine’ – Jack

Well nice to see property investors are in tune with the environment and seek to keep their pursuits environmentally sustainable… We are sure to choke on our own pollution in the next 30 years the rate we’re going at!

Cheers,
Jacob.

‘Stay Happy and you’ll be Perfectly Fine’ – Jack

Dazzling… no need to remove your post, always good to hear someone elses view on the topic.

Cheers,
Jacob.

‘Stay Happy and you’ll be Perfectly Fine’ – Jack

1975 to 2005… Rise or drop in the world’s major natural disasters? Causes?

Cheers,
Jacob.

‘Stay Happy and you’ll be Perfectly Fine’ – Jack

Good to see others on the road to a sustainable future… to an extent anyway.

We are with ‘JackGreen’ who don’t charge any joining fees or premiums to replenish the grid with 100% renewable energy.

Cheers,
Jacob.

‘Stay Happy and you’ll be Perfectly Fine’ – Jack

But would you?

Knowing what we know about the greenhouse effect, global warming and the works, and that Australia has one of the worlds highest carbon emission rates…

Would you help stop that by swapping electricity providers, from fossil fuel methods to 100% renewable energy methods (such as wind farms and low impact…[Read more]

We celebrate Christmas Eve as tradition has spoken once again… LOVIN IT!

On the grog at me cousins this year. We recite poems or sing songs to claim a prez. Whole lotta fun!

Cheers,
Jacob.

‘Stay Happy and you’ll be Perfectly Fine’ – Jack

Yeah sounds sweet… how about all the people that are going to the Sydney Discussion Griou come and support us and give Prostet Cancer a Kick in the Arse – SUPPORT MOVEMEBR and our efforts to support it!!!!!

Cheers,
Jacob.

Annandale (corner Johnson & Booth Street)
Saturday 26th MOVEMBER 2005!!!!! All Day.

Cheers,
Jacob.

‘Stay Happy and you’ll…[Read more]