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  • Profile photo of PuckPuck
    Member
    @puck
    Join Date: 2001
    Post Count: 6

    Hi Steve

    this sounds great.

    before the big event, could you say more on one of your points

    ” Why rising interest rates will be the biggest opportunity to face property investors in the last 10 years and what you have to do to cash in on the action.”

    Anton

    Profile photo of PuckPuck
    Member
    @puck
    Join Date: 2001
    Post Count: 6

    Hi AD

    the price you have listed is the going rate for a company and a trust.

    normally around 900-1100 for company and 500-700 for a family trust.

    Profile photo of PuckPuck
    Member
    @puck
    Join Date: 2001
    Post Count: 6

    Hi All

    I’ve been watching the sheriff’s office auctions a fair amount. It looks like it requires a little luck to get something without strings attached.

    If anyone has experience with buying through the sheriff, could you please share :)

    Thanks
    Anton

    Profile photo of PuckPuck
    Member
    @puck
    Join Date: 2001
    Post Count: 6

    Hi all,

    has anyone got info warnings or recommendations for towns in Tasmania.

    in particular these towns
    glenorchy
    claremont
    bridgewater

    Im particularly interested in the rates, body corp fees and rental management.

    Anton

    Profile photo of PuckPuck
    Member
    @puck
    Join Date: 2001
    Post Count: 6

    Hi Simone,
    there is a mob advertising in the trading post that set up wraps between buyers and investors, they pick outer melb suburbs, so it would seem you can get them positive.

    And there is still a lot of country town +ve cash flow about. The good ones do seem to sell fast though!

    Anton

    Profile photo of PuckPuck
    Member
    @puck
    Join Date: 2001
    Post Count: 6

    Hi Steve & Dave

    I’ve been looking at QLD props in Logan. On the face of it, they have good rental yields (over 10%).
    however on a 40k unit, body corp is $600- $1200 pa and the rates are over $1200 pa.
    rent management also seems pretty high too.

    Anton

Viewing 6 posts - 1 through 6 (of 6 total)