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Not a bad return if you could get away with it, could be a struggle finding someone with $716,000 bond :)

I sold one vacant block a few years ago for a client who had two vacant blocks in his SMSF. He had purchased those from the proceeds of the sale of another VB in his SMSF. There must be a way unless things have changed since 05.

http://www.domain.com.au/Public/propertydetails.aspx?adid=2007666049&s_rid=HomeAlert:QLD:buy:address&prevChannel=Emails&prevPage=Home+Alert+Open+(postclick)&prevServer=Emails&s_cid=HomeAlert:QLD&haprof=1043819# Good to include a photo of everything so you can see how close to it the property...

That's a classic, well spotted and thanks for sharing it. It is still on, a few days later. only 78 views, most probably via here...

all's well that ends well. congratulations:)

I saw one sell to a phone bidder once who was not aware they were bidding against the vendor(auctioneer) only. No other bids. It was in a group auction, was put aside and reopened with a higher vendor bid, the phone bidder was baffled by the smoke and mirrors and paid the extra.had they have...

you have far more control over the situation if you are there. You can see the genuineness of the competition. Otherwise you can appoint someone else to bid on your behalf. They can be there and convey the situation to you on the phone. Just be aware of genuine bids as opposed to vendor bids or...

Thanks all for the info. I will be persuing this further and post the outcome on here. Cozzie, I like the coastal areas too. long term I particularly like Forrest Beach and Balgal Beach. Low yield but great growth.

I find this very interesting as my super has been dwindling away in management fees for some time and I would prefer to buy property with it. Due to the low amount available, I am considering the purchase of a vacant block in a remote area. I didn't realise that you could borrow for such a...

how do I post a link? If I come across any shockers I'll put them up. in the top browser where the http etc address is, left click on the web address, it should be highlighted, if not left click and drag across the whole address to get it highlighted, right click, select copy, go...

http://assistant.treasurer.gov.au/DisplayDocs.aspx?doc=pressreleases/2008/107.htm&pageID=003&min=ceb&Year=&DocType= http://www.firb.gov.au/content/real_estate/residential.asp It may be worthwhile looking at a cheap block of land if saving for a deposit is a limitation. Some of the big...

I like the idea of renting to bike club chapter, especially so close to morwell, handy on visiting days could be used for a movie set or band rehearsal/ recording or even a music festival or a B&B, electrifying views, powerful appearance, electrifying atmosphere. I agree though it seems...

Agents are people and like any other profession, there are good and bad. Sometimes, a property can be listed by agent1 who doesn't like to drive or talk on the phone and shudders at the thought of emails so he lists at a price where it will sell itself. Then, agent 2 poaches the listing by...

In Ingham , it is common to advertise "out of known flooding" = the rest of the properties I have listed. please just don't ask. an example which also adds to the discussion on real estate photography and the one on paint colours...

http://www.reiq.com.au/pdfs/BuySellRent/BiddersGuide_ResidentialProperty.pdf#search=auction Other good points on this website too www.reiq.com.au The deposit amount can be negotiated, as can the settlement, Prior to auction. You can get a building and pest, and or a valuation done...

I keep a 'dud pics' folder of some of the bizarre real estate pics I come across. It is amusing to look through when I need a pick me up. I think the worst are :where you can see the rear view mirror when the agent has not even been bothered to get out of the car to take the photo, pictures of...

often the display homes have the extra rent built into the purchase price. Compare them to others in the area or find out how much the house would cost to build elsewhere , minus the land cost, there is often a big gap. They are usually high spec, with all the best fixtures and fittings, so...

It wouldn't bother me. As you said it is all fine as long as it is in tact, you are aware of it and work with it safely. You could have it removed at a later date but if the location is what you want , it may not come around again. At least termites don't eat asbestos!

I used to ask this question when I was a selling agent, especially if the property was tenanted. There are several reasons for this. Someone who answers 'I don't know" is either just looking to fill in some time, a neighbour curious about the values, lying, or trying to avoid agents hassling...

You can never be too careful about asset protection