Search results

Yield I paid $115k for a surprisingly excellent house that would probably cost twice that to rebuild (I could not insure it for less than $200k). As mentioned before there are better yields to be had from cheaper properties (in USA...not Australia). Cheaper properties though may also be...

yield I guess a very conservative budget may allow for 50% costs More realistically yield after costs will be about 8.7% (depending on maintenance/repairs etc) I figure this gives me enough to pay the 7.6% on my Australian LOC plus a bit of spare change to boot wadaya know...still cash...

I got a good one too I settled a couple of days ago on a nice house in Green Valley. (Went a little more up-market than the $70k bargains) Would have never considered attending a spruiker session much less buying something off them...had to go to LV to see for myself. (ok so the shows...

Lawsjs note of thanks for providing the spark for all this... My theory is spend a bit more, get 10% in a nice neighbourhood, attract better tenants and hopefully see some nice capital gain. Exchange rate is another potential bonus Price per sq foot is obviously dependent on which...

Hello Somersofters Just coming clean and exposing myself to spark a bit more conversation. Have been following this thread from the outset and have bitten the bullet. Jumped on a plane to check it all out for myself. In Vegas at the moment and looking to buy! Might leave the $70k...