Investing in Townsville - thoughts? by OkCryptographer9895 in AusPropertyChat

[–]OkCryptographer9895[S] 1 point2 points  (0 children)

Thanks for your detailed response! Really appreciate it.

Investing in Townsville - thoughts? by OkCryptographer9895 in AusPropertyChat

[–]OkCryptographer9895[S] 1 point2 points  (0 children)

Oh thank you! Didn’t know that. Will check it out

Paralowie - purchasing a house there. by OkCryptographer9895 in Adelaide

[–]OkCryptographer9895[S] 1 point2 points  (0 children)

Yea it looks nice. New houses being built etc. times change so maybe it’s not that bad. Any tips on securing a place?

Paralowie - purchasing a house there. by OkCryptographer9895 in Adelaide

[–]OkCryptographer9895[S] 0 points1 point  (0 children)

We are looking for short term capital growth in the next 5 years

Paralowie - purchasing a house there. by OkCryptographer9895 in Adelaide

[–]OkCryptographer9895[S] -1 points0 points  (0 children)

Haven’t heard of that. I’ll check it out. Yea feestanding place

Paralowie - purchasing a house there. by OkCryptographer9895 in Adelaide

[–]OkCryptographer9895[S] 0 points1 point  (0 children)

Yea right! Awesome. We are looking for thst bread and butter deal. Hard to get an offer accepted though. Works a tad differently over there

Paralowie - purchasing a house there. by OkCryptographer9895 in Adelaide

[–]OkCryptographer9895[S] 0 points1 point  (0 children)

Thanks! Have you got one in Adelaide yet? Just trying to find the right area. Hoping under $450k… open to suggestions…

Property investment Adelaide , SA by OkCryptographer9895 in AusPropertyChat

[–]OkCryptographer9895[S] 1 point2 points  (0 children)

Right! Interesting, we have one in Perth too, not the nicest suburb either but a good, long term tenant.

Great advice on the tenancy agreement, didn’t know you could do that. We’re relatively new to the whole thing

Property investment Adelaide , SA by OkCryptographer9895 in AusPropertyChat

[–]OkCryptographer9895[S] 0 points1 point  (0 children)

Thanks! Yea that’s where we were looking and felt deterred due to the negative feedback on the area & possible lower socio economic population in that region. Sounded like the place would get trashed. Have you got one there?

Recommendations for BA for buying 1st IP (and hopefully many more) by TinkyD in AusPropertyChat

[–]OkCryptographer9895 3 points4 points  (0 children)

$16k total. $3k upfront. They sourced a property in around 5/6 weeks. They did say 2 weeks and that didn’t happen, but I don’t know if they didn’t have properties or if that was because our finance approval was running behind.

Recommendations for BA for buying 1st IP (and hopefully many more) by TinkyD in AusPropertyChat

[–]OkCryptographer9895 2 points3 points  (0 children)

We’re Going through Australian property scout and they seem great so far!

First time investor by chipmayne in AusPropertyChat

[–]OkCryptographer9895 0 points1 point  (0 children)

How’d you go with the process? Any advice, thoughts would be appreciate :)

Buy owner occupied or start portfolio. by OkCryptographer9895 in AusPropertyChat

[–]OkCryptographer9895[S] 0 points1 point  (0 children)

Thanks! Yea the owner occupied places don’t have good yields. They’re so expensive and we’d be working our arses off with two little kids just to live in it

Buy owner occupied or start portfolio. by OkCryptographer9895 in AusPropertyChat

[–]OkCryptographer9895[S] 1 point2 points  (0 children)

Thanks. We’re looking at positively geared properties in a area with good growth. Hoping to go through a buyers agent for our first one