hehe
I noticed that when this thread popped up again . was tempted to link it , but you beat me too it .:p
We're buying in Brisbane at the moment . That's my tip for the next two years
Cliff
Hi Jake , Atrill
I know you're only blowing smoke , but the rest of us are trying to give jbeena a reality check and stop him / her from buying an investment that is not for them , and also trying to give them realistic expectations.
Hi Jbeena
I think the same thing applies here as to us giving you advice as to whether it's ok to invest here at all.
I'd guess most of the people on the forum who would invest in this successfully would be doing the DD themselves and they've gained the knowledge to be able to do that by...
I don't always agree with every thing Rixter does , but he is very thorough with what he does , however his aim with this may be different to you, and I'd expect its money he could afford to loose if it doesn't come off.
Is that correct Rix ?
Cliff
Hi jbeena
I don't know the Perth market so not in a position to say .
I've never gone down the path of recommending particular properties ( except on one occasion when I posted a links on properties in an area ( north arm cove ) which was an area where we've just bought a weekender , and...
If you want to double your money in five years, buy an ip in sydney.
IMHO you'll do a lot better than that in the next five years. :) with a lot less risk
That an alternative . Obviously if you want that block of land , then it's a different matter ..
Cliff
Hi rix
Interesting concept . How is your money being held . is it in a trust or is it funding their developement . If there were problems with the development do you have security over any thing or only the land once the development is completed ?
Have they changed the number available...