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Where or what would you buy with $50K. Strategy is simple - to hold it for a very long time. To buy cheap and watch it really boom in value. Would you buy masses of acres in a rural area ? or a normal sized block in a rural beach area... REAL EXAMPLES; Or a 650m2 block one road back...

Thats good info thanks. There are quite a few dual occupancies within 1km radius of our house - including 2 townhouses being built side by side in our street a couple of houses down. Also - a few houses down are 2 other townhouses side by side. Our house is too good to knock down which is...

200K sounds good ? I hope so...I am thinking it would be fairly straightforward because it is a normal rectangular block. Its a blue chip area so the townhouse alone would sell for minimum $550K. I was wondering what you think about going with someone like Metricon ? They do dual...

HI there, We have a large block - 696 m2 and are looking to build a townhouse in our backyard. We would create a separate title for both residences and ultimately sell both. The house we live in is in very good nick. Just wondering what we would expect to build a 3 bedroom townhouse with...

I like the idea of leasing the spare land to someone...but not a trucking outfit as it is quite the boutique hobby farming area. Too many people would notice the trucks - and it would be a total waste of time.... If you could only a camoflauge a mobile phone tower !!!!!!:D:D:D

I'd love some advice on the following... My husband and I have a combined super of $250K in traditional non-SMSF accounts. My husband gets 20% return a year on his super. We will retire in 15-20 years respectively. We have one IP (a unit) which is mortgaged at $247K. It is currently worth...

Interesting idea bed and breakfast - not sure how i'd run it since I live 100kms away - however - I guess you could hire someone to do the breakfasts and cleaning portion.... Plant some olive trees, fields of lavendar - some grape arbours - call it Tuscan Farm, in the heart of central...

haha !!!:eek::eek::eek: OOOOPS ! $200 PER WEEK !!!! Got any ideas Nathan ?:D

I like lateral thinkers and enjoy a little lateral thinking myself.... I was looking at a property in Harcourt Vic with a nice period house made out of timber and stone, 5 acres, sheds and tank water with fenced paddocks. It is selling for around $390K. What sort of rental income or "use...

Expert advice on SMSF please - easy questions : ) I'd love some advice on the following... My husband and I have a combined super of $250K in traditional non-SMSF accounts. My husband gets 20% return a year on his super. We will retire in 15-20 years respectively. We have one IP (a...

Murtagh What kind of income producing assets do you suggest ?

Thanks Murtagh - not far off - mortgage on PPOR is actually 170K. What would you do ? We have thought of everything so far and cannot do anything further with structure of loans - so we believe....

I should explain - we paid off our unit in our first yr of marriage and remortgaged it after a few years on buying our PPOR. The mortgage on the unit is currently $242K. We did well with the PPOR - bought that in 2005 for $445000 - currently worth $650K in 2008 - with no improvements...

Has anyone had experience in leasing their unit to a corporate tenant ? We own a unit close to Tullamarine Airport and the City - attractive and fairly modern and medium level finishes - 2 bedroom. If we can attract a corporate tenant as opposed to an ordinary tenant we could get this unit...

Hi all Just having second thoughts about a sale. We have 1 IP - a unit that was purchased for $185K in 2001 which is now valued at $350K. It can be rented out for $300 if we want to at the end of the current lease in a couple of months. Problem is it is heavily mortgaged and we are only...

I'd like to know if anyone can tell me precisely how you can measure your borrowing capacity ? I've found the usual calculators on the websites don't take into account tax deductions etc....and therefore don't assist. Any brokers care to comment ? Thanks all.....

Hey all I am thinking ahead to one day when we get to do a grand renovation of our PPOR (such wishful thinking). Anyway - I have seen a few properties in magazines with dark brown polished floorboards. I think this is the start of a new trend and it looks really beautiful and sharp with...

Thanks for the tips guys - I probably didn't say that we are only looking at this as an option at this stage and have not stepped forward to do DA's or anything. At this point we are concentrating on buying up as many properties as possible before we attempt our first development. Thanks...

I grew up in a lower income suburb - my dad worked as a metalworker and mum never worked because she didn't drive and decided it was too hard raising 3 kids to work outside the home. The house was paid off asap and there was never ever any talk about investing or about property whatsoever...

We are looking at the possibility of knocking down or removing our weatherboard house (house and land currently worth around $650,000) and building 4 townhouses (696m2) to sell for profit. We are assuming construction costs of 4 townhouses to be $200,000 each - they would DEFINITELY sell for...