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saw a similar one on Jackson Road, whats that part like and is the traffic bad?

Why would you buy into Redcliffe with 500k? With that kind of money you can buy into BCC zone look at - acacia ridge, and zillmere plenty of LMR sites under 500k Sunny bank hills and algester as mentioned before. Of if you want to go Logan council Rochedale South. Much better CG prospects IMO

Thanks Richard, I might be in touch soon.

Absolutely I've looked at this as well, areas like- Mount Gravatt East, Moorooka, Annerley, Norman Park, only problem is most are getting snapped up real fast the competition is fierce.

I may just bite the bullet and buy a good site, I'm just scared to take that initial step of buying a sight and it never getting off the ground, and then having to sell for a potential loss.

Breaking even or make very little money is not my intention here.

I have equity, however I spoke to my broker and don't have the serviceability to fund the builders loan. An example is recently my friend who is on high income over 150k+ p/a was going to go in partnership with me, however this has not eventuated.

Hi all, My ultimate goal is to get into property development, starting off small boutique developments of 2-6 townhouses or units then progress onto larger projects. After speaking to my broker I know this isn't possible from a finance point of view. The only way forward is to form a...

algester rochedale south acacia ridge bracken ridge

My final goal is to get into property development, start with a block of townhouses or units. If this isn't financially viable at this stage, keep acquiring property in good capital gain prospect areas. I normally look for high sets so I can create a granny flat and increase cash flow. Jamie...

Back to the original post. Jamie M or Peter can you give me some figures?

nothing received?

Hi, Question for the brokers, I'm looking to buy my next investment property and would like to know what's the maximum I can borrow, my details are as follows: Salary- approx. 65k PA gross IP 1 CBA- loan amount 487k- PPOR value 600k however I rent out downstairs for $300 I've used this...

and this is why I never use a real estate agent, and manage all my properties myself.... I hope this mind set is not indicative of all PM's.

The owners did prior to auction, for any potential buyers to see on the day. I rang the guy who did it, his a licensed builder and all seemed legit

Hi all, I've just had an offer accepted on a property. The property was passed in at auction and had a building and pest inspection done prior. I was satisfied with this report so decided to use this instead of doing my own. Is this ok to do? or do people recommend I do my own?

Hi all, Recently I pulled some equity out of a property, the bank used the RP data valuation only to calculate the value, no independent valuation was required. I currently have an offer on a property for 350k with an RP valuation of 525k, est price range 483k-567k. Now I would like to do the...

The property is cheap for Springwood but it's under contract? I have an IP in Rochedale South and IMO it's still good suburb to invest in, close to CBD, nice suburb with lots of owner occupied houses, can still get a very nice home under 500k, be quick though there's a lot of interest in the...

Hello all, Been looking at potential suburbs in Brisbane where I believe prices still haven't taken off, but still have good proximity to CBD, and good facilities. Banyo/Tingalpa and Corinda all seem like good suburbs, and yes I am aware of flood issues with Corinda. Can anyone else provide...

I've narrowed my search down to Bracken Ridge, can still get a decent house under 450k. I live on the South side so don't know much about the area? Anyone who lives there or around can give me any details? what's the demand like in the area? Anything around 350-450k seems to be moving quick. Can...