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  1. wombat777

    Arizona?

    Are there any complications with buying in the USA and specifically Arizona? Might be a rock-solid investment. http://tinyurl.com/p5nkc8y and http://tinyurl.com/nn5xupk That last website is from the stone-age.
  2. wombat777

    OTP Developer Dirty Tricks - the 'sunset clause' game

    Developer tricks to watch out for when buying off the plan... http://www.news.com.au/finance/real-estate/wolli-creek-buyers-launch-class-action-against-developer-over-5m-sunset-clause-cash-grab/story-fndban6l-1227385761594
  3. wombat777

    Locality research - Brisbane

    I'm heading to Brisbane for a few days next weekend. I'll have some spare time for locality research ahead of a possible future purchase. What areas should I check out? ( and why? ) My shortlist currently includes: - Redcliffe peninsula and along the new rail link - Slacks Creek -...
  4. wombat777

    Solar for increasing cashflow and attracting tenant?

    I am wondering if adding Solar Hot Water or a Solar Power System is a good way to increase cashflow or to help attract / retain tenants? Theory is that I could charge an extra $25 - 50 per week rent for a tenant to achieve a significant saving on their power bill. Solar-powered hot water...
  5. wombat777

    First IP :-)

    The contract on my first IP is now going unconditional. The property is a recently-renovated highset in the Moreton Bay Area. There was a significant amount of investor activity in this market. I should achieve a yield in the 5.2% to 5.8% range. This should put me in a CF+ position. I...
  6. wombat777

    'Eco'-friendly termite treatment products?

    I had a building and pest inspection done on a house today in Brisbane. The property has a significant amount of relatively new untreated timber paling fence. Is anyone aware of effective eco-friendly termite treatment solutions? I did some research and found this product...
  7. wombat777

    Property Managers - Deception Bay / Rothwell / North Lakes

    Is anyone able to recommend great/proactive Property Managers in the Deception Bay / Rothwell North Lakes areas?
  8. wombat777

    Peer to Peer Lending as an Investment?

    Has anyone used any of the peer to peer lending platforms available in Australia in an investor capacity? What has your experience been like as an investor? Good / bad? Example platforms are: https://www.ratesetter.com.au/ http://www.societyone.com.au/ A new one I just found is market...
  9. wombat777

    Cashflow - trust verus ownership by individual

    How would cashflow be affected in a scenario where a property is owned by a trust instead of a private individual? Assuming one individual is named in the trust deed, how would their private PAYG tax position be taken into account in calculating cashflow on the property. ( for example...
  10. wombat777

    Cosmetic renovations - managing from interstate

    I'm starting the hunt for a property interstate, most likely in outer districts of Brisbane. As I am interested in older properties, I'm considering that a minor renovation may be needed so at least budgeting for it. What sort of experiences have you had in scheduling and managing cosmetic...
  11. wombat777

    Property & Economic Update Seminar

    Anyone here attending to the Property and Economic Update Seminar? It's on in the Sydney CBD today. Speakers are Michael Yardney, Dr Andrew Wilson, George Raptist and Ken Rasis. Discuss it here.
  12. wombat777

    Building Brokers - 28sq home

    I'm looking at building a double-story property in the 26 to 28 sq range on a relatively small block. It's in a good location close to shops / transport / schools. I'm trying to optimise potential resale value by building a quality but not overly-speced home. In order to make most effective use...
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