If it unique or spectacular in some way like ocean front or water views I would go for it BUT … put a shed on it and get some rental coming in … don't do what I did – by 5 acres in the whitsundays and no income for 20 years really really stupid !D

Funny question, how long is a piece of string,Suggest you employ and engineer and architect who is farmilar with the area … also go to the local council and get an opinion … this is why my husband and I now only develop flat lots … if u own a 1500 m/2 block on a 35 degree angle u will only get 700 m/2 of platform from it so I would rather…[Read more]

Hello again Digger,I have been investing for 25 years … how about you.I learnt to trade the stock market years ago and my coach said all the statistics and rules I am teaching you will change when you start to invest with YOUR OWN money … GOD was he correct.Walk to streets talk to 100 agents, talk to 100 accountants, talk to 100 solicitors,…[Read more]

Hi digger and oh dear i've done it again,You read the papers yesterday and then today the story is different … so read more papers and not just Australian papers in the credit crisis.Like him or not I tend to believe Harry Dents report that it is not over for Australia which is behind the world trends and his prediction is a drop between 35 -…[Read more]

Hello again EH,Yes its an old belief but its a solid belief to have … we have made some huge losses in real estate, part of the experience however I'm into quality and not quantity just like my men hahahah …D

Hi SNM and EHYears ago my husband owned a property in Proserpine which took 2.5 years to sell so no more country towns for us …Robert Kiyosaki talks about cash flow and thats our strategy …Even if the property does not go up one cent in the next 10 years I will pay it off using rent and tax and my offset account so i'm in front … yes not the…[Read more]

OMG simple is this here again?Thank you … I specialize in research analysis … gurus don't like me because their predictions are based on self egos and over opinionated self worth … oh please pay me for every time I read "we are at the bottom of the market" …There is amazing opportunities to make massive amounts of money in todays market…[Read more]

Michalel you are so funny very good come back,Please read the Australian newspaper today regarding rising interest rates.Kevin Rudd has got it wrong and they are running out of ideas.Harry Dent has predicted Australian property to drop by 35%.Unemployment and company restructuring is getting worse.Read the news and prepare for the future.D

Interesting,Hi Scott the agents fee works out to be about 2.75% including GST and today there is a fight to get listings so most agents are dropping down to 2% to get the business – not 5% as you state.Marketing companies some licensed and some not charge $30 – $50,000.00 selling property which is coming under investigation by TDFT.The normal…[Read more]

Hello all I don't this scheme at all,The investor has to offer the property at a discounted price off a valued rent and then "negative gear" the short fall for the year then HOPEFULLY the government will pay the $8,000.00 quickly so lots of cash flow issues here.This smells like housing commission to me because you are renting the properties to…[Read more]

Yes agreed, what I did was spend quite a lot of time at the Westfield shopping center to judge the type of people that lived there, and I liked what I saw at Mt Druitt the best but agree still some rough areas to me country town population v's city town population.D

Hi Tony,Why Robina simply because of the new hospital and medical centers being pushed by the government.D

Where ever you live there are dozens of great accountants in your local shopping centers I am sure …MY advise go and meet/interview about 10 in your local area then chose one you like … we live in the 21st century and the majority of accountants today male and female are smart intelligent people trained to do their job well … today 98% is…[Read more]

How can this idiot advise you to transfer money from a business account when he or she has no knowledge of how your accountant has structured your cash flows …THIS IS WHY brokers must be licensed to give FINANCIAL advise sue the idiotGet some good advise for gods sake I am sick of reading about basic stuff like this on this site … or are you…[Read more]

Yes great post thankyou … definitely the future is away from shop fronts and agents windows as the future is with savvy intelligent information …D

Yes people including myself are eager to buy good cash flow investments i agree.I don't believe the market is getting better but I do agree it is a buyers market for building and creating assets for the next ten year cycle.Queensland is have some terrible press lately and my advise is stay away from investment companies and construction loans but…[Read more]

My other qualifications allow me to attain this already …

Hello PP,Many people here will not respond to this as they believe they are above the law … there have been many threads regarding "advise" and qualifications … for more clarity call the department of fair trading in your state.Also Tony Rizk at http://www.smartacademy.gov.au who is a licensed trainer call himIt is illegal for a real estate agent to…[Read more]

Dear GOM,I don't think the issue here is about Nelson Bay I think the issue here is getting advise from sales people greedy on getting commission v's giving advise from ethical and  licensed people who perform proper due diligence for their clients …I believe Philip said that after they looked at the property their advise is they wouldn't touch…[Read more]

Dear dcn08,You won't make money keeping secrets let alone sales.The correct and business process is to have a "heads of agreement" or a "confidentiality" statement drawn up.You need to talk to a solicitor to get "advise" on how you will receive a commission or fee for your service as obtaining money from a property transition.If you become a…[Read more]