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  1. Rixter

    Best places to buy in Brisbane or Melbourne?

    Same as any other IP you do DD on......inspect the property and do the numbers. If it's fits your purchasing criteria and the numbers work, make an offer. If it doesnt fit, move on. Ive found good buys that have double & tripled in value with none my own money in the deal. You just have to...
  2. Rixter

    Best places to buy in Brisbane or Melbourne?

    Depends on the property. Some fee's are over the top and others are just right. Gotta look on a case by case basis. Anything highrise with lifts are a basket case. Near new to maximise depreciation and by purchasing mulitple times really compounds and turbo's portfolio cashflow.
  3. Rixter

    Best places to buy in Brisbane or Melbourne?

    Villas and Townhouses. Apartments dont meet my purchasing criteria. Houses cost more to get into the same area and are lower yield. Also less non cash depreciation deductions in relation to purchase price. This also reduces your cash flow. But if you have an investment strategy that includes...
  4. Rixter

    Best places to buy in Brisbane or Melbourne?

    To the list hugh mentions above I also like Upper Mt Gravatt, Calamvale, and bayside Cleveland.
  5. Rixter

    Best places to buy in Brisbane or Melbourne?

    Getting a few people contact me asking what a Satellite CBD is....... Those are high employment area's with main arterial roads in/out of the suburb, with public transport hubs, major shopping precincts, good educational, medical & recreational facilities.. All the things people want to...
  6. Rixter

    Best places to buy in Brisbane or Melbourne?

    Hi R377, I used to live in Perth and started investing in the Brisbane property market regularly back from 2003 onwards. I do my Macro due diligence from home via the internet etc then I book airfares, accommodation and car hire. I usually fly over for period anywhere from 7-10 days to conduct...
  7. Rixter

    Best places to buy in Brisbane or Melbourne?

    Check out the Satellite CBD's located around the Brisbane Metro area.
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