Hi Guys,
Just wondering, I am looking at a property at the moment that is in QLD but not a mining town. It appears that the property could return 12% as is, but also has the potential to build another home beside it as it is currently on 2 titles. Just wondering what return should be expected from mining / regional towns. Steve touched on it in his book, that he expects higher returns but didn't really stipulate what is reasonable. I feel it may be a little risky, which requires more danger money!!! Can any one help out with advice?
Tania
