From: Land Holdings
Hi,
I've been on this forum for a while however at the beginning of this year I moved to Wee Waa to teach Maths. It has been an exciting experience to say the least. I own a couple of investment properties in Sydney, however I am now looking at investing locally. There are some good deals out there but I would like to know of pitfalls. There is a block of 5 one bedrooms for sale at 95k, claiming total rent of $370 p.w. I know there is something wrong with it because it has been advertised ever since I've been here - no takers? The town only has a population of 2000 people. The main industry is cotton with some wheat and cattle.
I'd be interested to hear what other people think. To others out there who remember me: Paul Zag, Jeremy Laws, Kippy, The Wife and numerous others - Hello!
Land Holdings.
Hi,
I've been on this forum for a while however at the beginning of this year I moved to Wee Waa to teach Maths. It has been an exciting experience to say the least. I own a couple of investment properties in Sydney, however I am now looking at investing locally. There are some good deals out there but I would like to know of pitfalls. There is a block of 5 one bedrooms for sale at 95k, claiming total rent of $370 p.w. I know there is something wrong with it because it has been advertised ever since I've been here - no takers? The town only has a population of 2000 people. The main industry is cotton with some wheat and cattle.
I'd be interested to hear what other people think. To others out there who remember me: Paul Zag, Jeremy Laws, Kippy, The Wife and numerous others - Hello!
Land Holdings.
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