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  • Profile photo of AJ InvestmentsAJ Investments
    Participant
    @aj-investments
    Join Date: 2004
    Post Count: 1
    April 3, 2005 - 9:38 am

    I would expect that this request has been asked a 1000 times so I will make 1001.

    As a first time investor looking to purchase a property in Newcastle, how do I select the suburb that will give me growth and a descent rental return?

    If living interstate, how does one find a reliable and good agent to assist in looking for a property?

    I thank you all for being patient with us new and less educated members of the forum who have only just discovered the world of property investing.

    Kind regards

    Andrew

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    April 3, 2005 - 10:06 am

    I am in Newcastle.

    Drop me an email if I can help with suburbs etc.

    Cheers,

    Simon Macks
    Finance Broker
    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67
    April 3, 2005 - 10:34 am

    Hi,

    You can find a local agent for more information.
    You can interview some agents with the following questions

    How long have you been in this business?

    Have you ever written and brochures, websites, articles or books?

    How Busy is your business?

    How many clients do you serve on a daily basis?

    Can you promptly be reached at any time of the day or night in the case your assistance is needed?

    What are some big scale projects you have worked on?

    What are the big successes in your life that you are proud of?

    Do you have network of other professionals, consultants, lenders, mortgage brokers etc… that you either work with currently or have worked with on projects in the past??

    Do you like to work with other professionals, and consultants on a team??

    And finally what does the word Integrity mean to you??

    Hope this helps

    Passive income:
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    Profile photo of ss2306ss2306
    Member
    @ss2306
    Join Date: 2004
    Post Count: 55
    April 3, 2005 - 10:38 am

    If you live interstate you might want to consider using an agent’s buyer. One that is based in Adamstown near Newcastle is Hunter House Hunters. You can check out their website. I personally have never dealt with them although have had a telephone conversation with them. I live in Singleton, 1 hr from Newcastle but do not know which areas are good in relation to growth and rental returns.

    Something to think about.

    Regards
    Shelley

    Profile photo of ss2306ss2306
    Member
    @ss2306
    Join Date: 2004
    Post Count: 55
    April 3, 2005 - 10:41 am

    Jack Hu

    Start asking questions like that and an agent will probably hang up or walk out on you. They wouldn’t bother wasting their time.

    Regards
    ss2306

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