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:rolleyes: Ok.. here we go.. nice and slow. Example 1. I buy house for $80,000 (mortgage), house is worth $60,000 - $100,000 (market) I sell 5 shares (10%) at $16,000 each = a total of $80,000 (mortgage value) offsetting the mortgage completely. I receive rent of 15.0% p.a (10%...

I calculate the returns on the purchase price, or the mortgage. Not current market value.

The properties are in a trust fund. Investors would be limited to 5 per property and they could be added to the title providing stamp duty isn't an issue. Either this or they receive a share certificate from the company that is the trustee of the trust. At the end of the day it was just an...

True. But then essentially I'm just selling somebody a lead to a great investment. If I find a property with a return like that, ill put an offer in myself.

It would work on returns. The returns would still be 10% whether or not you own 10 or 20% of the property. The return is calculated on your investment figure, not on what percentage you own, if that makes sense. If you invested 20,000 for a 10% share, in theory the 20,000 share may only be...

For a start id list my phone number and address on my website! lol. But seriously, gaining the trust is probably the hardest part. The way I see it, If I can continue to find properties that give me huge returns of 12+% for example, I still make 2% after giving the investors 10% and I have...

Ok. This is a little idea that just popped into my head the other day. Hear me out and Id appreciate any comments, criticism or feedback about whether or not its a possibility and whether it sounds like a good enough idea to sway a potential investor.. I have a handful of investment...

Apologies, I was still on the for sale page, you are right, I too get 396. I have updated my last post. Matt

According to my research there are currently 37,000 dwellings in the Bendigo region. Of the 37,000 around 9,500 of the dwellings are rented. The remaining are owned outright or owned with a mortgage. A quick rental search of 'Bendigo' shows just under 400 results. This suggests that the...

With capital gains that's only a factor when or if you sell it. Then your hit with the CGT. It's good to diversify I think, a few houses with growth and 5-6% return and a few strictly for 10-20% yield. At the end of the day with the yield return you get the cream paid to you every week.

I have looked at Broken Hill as an investment option due to the same reasons you state, yield and very cheap prices. The only thing that worries me, from the research I have done is the decline in population. Its falling and has been for a number of years now. Correct me if Im wrong of course...

Ill sell you my 2 bedroom HOUSE on 850sq, 400mts from the hospital and lake for less than $308,000! On the other hand I do see Bendigo having strong growth over the next 5 years. Both my Bendigo properties have shown great capital gains over the last 3 years.

I'd look at North Bendigo and California Gully if your looking for growth/development potential. Both suburbs are relatively close to the CBD and the hospital and are generally big blocks (800sq+)

Market value is what the property sells for. I dont think you can buy below market value as the buyer determines what the property is worth when they submit an offer.

2 x 3 bedroom houses in Derby would be worth 1-1.2 mil combined. So 200-400k equity. The only thing that worries me about Derby is the huge land development happening in a new estate (200 odd houses) which you would think would soften the rental market?

Hi all. Here is my current situation. I own a property in Bendigo which is currently being fully renovated. After completion it should fetch 260-270k in which I owe approx 180k. Rent should be $260-$280 due to location. The property is close to 1000sq and close to the hospital so I was...

Ok, I have received a couple of quotes for the initial sub-division. First one was $36,060 and the other was $11,836 The first quote has the following costs included in the breakdown; Construction works (covers, earthworks, drainage etc) $6,900 Water authority fees (water & sewer...

Belu, I agree that size is not linear with cost but it just proves my point about the layout and inclusions. You can add a couple thousand to a house by changing the skirting, lifting the ceiling height 200mm, or going with a different set of doors. These will be basic units, not family...

I give you the heads up on where not to buy if you buy a IP here. Kangaroo Flat. Thats quickly turning into the new ghetto of Bendigo. Eaglehawk and Long Gully were and still are pretty trashy but they are picking up a bit and if you are lucky you can find some bargains in those suburbs...

Yeah Im talking with surveyors and property developers at the min. Thanks for the info.