Search results

Well kinda like me...older..grouchier...losing hair....sorry I digress....anything older than 3 years...... Yes...capital is important as you have to built, hold, and eat! I can retire today...but like my day job....

I was buying and renovating and keeping or just buying and holding. The trouble with this is older properties have lots of maintenance on some houses. Now I prefer H&L in select areas.

Well a lot of people are going to get burnt! Moranbah and Dysart are one horse towns...i.e. Coal.....it is not like LNG where there is a lot of demand. I believe Helen Kogtev-Collier is also doing this.... I have changed my strategy and an now focusing on new H&L packages in reasonable areas...

If they bought in Moranbah......then they are Sh&t out if luck! The vacancy rate has ballooned....people who bought ordinary properties for 680k are looking at ordinary returns. The mining companies have put a $1200 cap on rent. Stuff which were renting for 2000-2500 no more.