I have property in Gladstone and also live here. The market was quite over 2009 with the economic downturn and I was telling friends to buy back then because I was aware of what was about to happen with the LNG etc. people are unbelievaly slow to catch on. Finally when everyone actually gets whats going on here the stampede is on. It's still ear…[Read more]
I have been up in Gladstone having a look at the situation and finding the activity there pretty interesting, thought some of you might be interested in these latest news articles. 'Gladstone Rentals Skyrocket' – http://www.mediafire.com/?p7x7y774dhxrau1 The Australian: Queensland Premier Anna Bligh told a business lunch this…[Read more]
Hi Steve thanks for your reply I will give them a call.. have you bought in Gladstone at all yourself?
Yes I bought a unit there years ago and in the last year have added another property, a 4 bedroom house in Emmadale. Apparently theres a 0 vacancy rate at the moment… wish I could buy again to be honest but you can only…[Read more]
I have a colleague who does the same thing for people state wide QLD, he negotiates on your behalf and gets discounted prices on a property purchase, I have used his services for the last 2 properties I bought. Shoot me an email if you want his details.
I think comparing Pt Hedland with Gladstone is completely relevant, also, Rocky is 2 hours away from Gladstone. Gladstone is the major port from which ALL the mining material from the Surat Basin will be transported to and shipped overseas. The LNG deal there is the largest in the history of Australia $69 BILLION. This has secured QLD financial…[Read more]
steve-invest replied to the topic How to buy 2nd Investment property (without cross colateralising)? in the forum Finance 11 years, 10 months ago
Hi, an easy structure would be to simply top up your existing loan creating a second split to cover costs and deposit for the purchase and making sure you have a free redraw facility as this is cheaper than a Line of Credit. Depending on your existing lender and rate, it might be even more cost effective to refinance to a lender like Hll Ltd at…[Read more]
Ive done Marks workshop in Sydney and at the end of the day you pay him $5k to learn how to research potential available land suitable for development, and if you find anything Mark will pay you a commission on the project if his company takes out an option on the property… its a clever way for them to get alot of people researching for…[Read more]
This broker will finance these for you with no charge, he financed one of my renos last year .. at no charge whatsoever , I sold it just after 12 months with no issues, just talk to him about it. [email protected] cheers Steve.
Check out this guy he can assist you with the right property advise, I know he’s a pretty successful investor himself http://www.wealthwithproperty.net/?mode=default&cmd=movie
Market stats indicate that property in the capital cities are taking an upward swing again, and Investors are flooding back to the market. Now is the time to buy, I’ve seen it all before. Heres an interesting article… “Investor loans surge as first homebuyers head for the exits
20th January 2010
Investors have become the main driving force of…[Read more]
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