some strong words there Yack, “I dont expect that to continue. We will get back to fundamentals in a few years. Tassie will show little if any growth” Tasmania for years has been underpriced this to some extent has rectified itself over the last few years however there are still some very good deals compared with the rest of Australia. I talk…[Read more]
that is pretty much what I thought, however I had not considered the compensation for lost rental income (thanks). Have asked a solicitor for legal advice as the RE who sold us the property thinks I should have to pay for the works [argue]. Will let you know what happens.
Hi, I would agree with the others re, heating cooling, definently fans in the bedrooms. Apart from that I think these are the essentials, attractive things like broadband can also be added to attract tenants. One thing I have found very important is an outside entertainment area. This does not have to be expensive (small paved area, brick…[Read more]
And so you are kay henry. I am also one step closer to being an established forum contributor. How many posts do you need again?
No really I think it would be nice to see everyones handsome smiling faces[biggrin]
I know that some members of the forum meet for seminars get togethers and other events but Steve what is the feasibility of replacing an Avatar with the individuals actual uploaded digi photo? Wonder what a difference it would make if any to the forum? Funny how the way we picture someone is usually never the way they appear when we…[Read more]
first welcome. Don’t be put off by the lack or quality of some of the replies you receive. Although your question has been answered before I will have a go.
Tasmania unfortunately is no longer undiscovered, recent buying in the last 2-3 years from mainly intersate investors have pushed prices to unsubstainable highs. I say unsubstainable…[Read more]
thanks for your replys. Just to update solicitor said as some of you did as well. Will simply draft a letter to Vendor and agent saying that the sale of the property is now subject to the building meeting all required regulations. I do still want the property so will see how much work is required to bring it up to the required standard if…[Read more]
Hi, nothing secret about it. Celebrating at the moment for those who have not heard, On Monday the court finally issued an arrest warrant for the former Indonesian Chief of The Defence Force, and now Presidential candidate WIRANTO…Yay.. Sorry a bit excited have been working on that for four years.
Hi and welcome. You will find you will get more responses to your query by asking more specific questions. There is no shortage of experts and people with great advice willing to help but your post was a little broad. Also this site has a great search ability and if you search for Queensland you will find heaps. Queensland is probably at…[Read more]
Defence Houses are usually a good investment for buy and hold long term however don’t suit everyone for the following reasons. They have a guaranteed long lease, after which they will repaint, carpet etc. They will also take care of maintenance. Whilst this is great they charge very high management fees and the houses are always overpriced to…[Read more]
In answer to the original question I think Tassie is an excellent investment, however long term and
don’t rely on + cashflow properties. Logging and mining maybe 20 years ago but for sure the future is tourism. Freycinet, Cradle mountain, Port Arthur, wilderness, rivers, forests, I could go on and on. 250 000 + tourists last year. The food, wine…[Read more]
Mining towns can be both good and bad at the moment most are offering cash flow positive properties that meet the 11 second rule. Kalgoorlie, Boulder, Collie, Mt Isa, and the list goes on. My only advise is to do your research well. What is the life expectancy of the mines based on the remaining mineral resources in the town. Take into account not…[Read more]
When i first joined the forum I looked at the amount of posts some people have and translated this into how much knowledge that particular person may have about the subject matter (property investing). Look at the posts above mine. How wrong I was.
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