Join Australia's most dynamic and respected property investment community

Hello from country Victoria

Discussion in 'Introductions' started by Matt64, 5th Mar, 2016.

  1. Matt64

    Matt64 Member

    Joined:
    3rd Mar, 2016
    Posts:
    5
    Location:
    Victoria
    Have just joined property chat, seems like a great place to learn from alot of knowlegable people.
    I grow vegetable seed for a Dutch company and no sorry no free samples.
    I'm early 50's and my wife and I are starting our property investing journey pretty late though better late than never right.
    We purchased 2 regional properties last year (Vic & NSW) to get us going both neutral to slightly positive but will have a better idea after this tax year.
    Have been doing a property mentorship the past 18mths and though expensive we have the money has been worth it as we have learnt so much and wouldn't have 2 places by now if we hadn't.

    We are now after are 3rd and are looking at Gold Coast suburbs on the rail link to BNE and also around Bald Hills to the North of BNE. Our budget is $450k and will go through a buyers agent for this one just because of logistics and local knowledge. Have spoken to 2 agents up there one in BNE and one in Goldie both seems really good just to decide in which area.

    Anyone with any thoughts on these areas would be much appreciated.

    Looking forward to been a member of Property Chat. :D:D
     
  2. Chilliblue

    Chilliblue Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,579
    Location:
    Australia
  3. monalisa

    monalisa Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    314
    Location:
    Sydney
    Hi @Matt64
    Welcome to PC! Interesting occupation!
     
  4. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,113
    Location:
    Brisbane
    Hey @Matt64 , welcome aboard.
    Dutch... seeds... hmm ;)
     
  5. Matt64

    Matt64 Member

    Joined:
    3rd Mar, 2016
    Posts:
    5
    Location:
    Victoria
    Not what your thinking!!!
     
    Azazel likes this.
  6. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,113
    Location:
    Brisbane
    I just think of Amsterdam.
    But there are tulips there as well!
    What sort of vegetables?
     
  7. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,150
    Location:
    Canberra and Sydney
    Welcome aboard :)

    Cheers

    Jamie
     
  8. Matt64

    Matt64 Member

    Joined:
    3rd Mar, 2016
    Posts:
    5
    Location:
    Victoria
    Quite a variety but our biggest is lettuce. All the seeds go back to Holland.
     
  9. JacM

    JacM VIC Buyer's Agent Business Member

    Joined:
    12th Jul, 2015
    Posts:
    1,115
    Location:
    Melbourne, Australia
    Hi @Matt64

    Are you planning to buy in your own name(s) or other structure such as SMSF ? The different taxation rates come retirement day are worth a little pondering.
     
  10. Matt64

    Matt64 Member

    Joined:
    3rd Mar, 2016
    Posts:
    5
    Location:
    Victoria
    In our own names for now as advised by our accountant.