Calculated risk
First let me say that the properties I mentioned stand on their own merits.
Run the numbers for yourselves. If you need specific data.
I am happy to provide it free of expectation or obligation.
Re: Firb
Basically I am presenting my reasoning for getting into real estate...
Change
My understanding is that the FIRB will undgergo a "scope change"
Removing restrictions on foreign entities and individuals whom are eligible to be approved...
The current rules are seen as a restriction on market access.
If this is correct my belief is that we will see an influx of...
Why did I mention it
On the note of full disclosure...
I am trying to create employment for myself with the Oaks.
At the moment I work as an open house host.
So my interest outside of that time is my own.
I wanted to assess the level of interest on the forum for information on...
Misinformation spreads faster than truth
Hmmm where to start
First
>There was a hell of a investor blow up over management >sucking up all the rents and using them to cover costs and their >fees.
Yes when I bought in the building my solicitor told me that both the strata manager and...
Yes its the goldsbrough
That is right it is the goldsbrough.
I know that the vacancy rates are very low.
and after all it is heritage.
What is your experience?
Vending in Sydney
I have a contact with someone in Sydney who is deploying 60-80 machines per month.
Remember the gst is claimable
20% income paid monthly.
From memory this includes insurance.
Depreciation is over 5 years.
Useful life is about 10 years or more.
Location done...
Hope this appropriate to the forum[B]
Hi folks,
I am currently working with a real estate in the city fringe. All the properties have returns above 5%.
I bought a 1 bd unit for $257k back in may and am currently getting $380 per week rent furnished.
There are a number of properties...