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  1. Belbo

    Investing in Port Hedland/South Hedland WA

    You're right there, Ausprop. 2 weeks' rent is a thumping, but that's the deal. At least it will be spread over a 2-yr lease in this case. Will hope to have a bit more bargaining power when it comes up next time. If you're living in town yourself Porp E it might be worth exploring...
  2. Belbo

    Investing in Port Hedland/South Hedland WA

    Hi Ausprop, You've got a point. The high resi yeilds are a direct consequence of the supply shortage, and that could be heavily affected by a major government investment in resi housing. On the other hand, for this to really hurt, demand would have to stay where it is. I'm of the...
  3. Belbo

    Investing in Port Hedland/South Hedland WA

    Hi porp e. Thanks for the reply. I am using Crawford Realty for management. Because I bought from them also, they agreed to a discounted mgt fee rate of 8.0% vs 8.8% (I sought this in the first days of communication before choosing a property to buy), and will bargain hard for a better...
  4. Belbo

    Investing in Port Hedland/South Hedland WA

    South Hedland I thought I'd bump this thread up because I think that a few here might be missing a trick. Is buying Margaret Lomas-style rock-steady median-return stuff that so many here on Somersoft seem to aspire to the answer? I'm suggesting it's a slow slog and you can make a leap...
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