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Hi Sumterrence here!!!

Discussion in 'Introductions' started by sumterrence, 19th Jun, 2015.

  1. sumterrence

    sumterrence Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    172
    Location:
    Sydney
    Looks like we need to start get use to our new home :)
     
  2. sumterrence

    sumterrence Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    172
    Location:
    Sydney
    Looks like everyone is posting their portfolio so guess I'll also do a run down as well.

    PPOR - Quakers Hill 3 Bed House, bought in 2015 :)

    IP1 - Moree 3 Bed House, bought in 2013 for $117k, rented for $250/wk. (use for cash flow, no future development potential)
    IP2 - Singleton Height 3 Bed House, bought in 2014 for $235k, rented for $250/wk. (use for Cap Gain, no future development potential)
    IP3 - Redbank Plains 3 Bed House, bought in 2014 for $223k, rented for $300/wk. (use for cash flow, has future development potential)
    IP4 - Collingwood Park 4 Bed House, bought in 2015 for $295k, rent for $345/wk. (use for Cap Gain, has future development potential)
     
    Michael_X likes this.
  3. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,113
    Location:
    Brisbane
    Nice work sumterrence. What's happening in Moree lately?
     
  4. sumterrence

    sumterrence Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    172
    Location:
    Sydney
    Apparently there are some major developments going on in moree as they are building some sort of business park where they will make it a hub for the truckies to stop by and also boost the local retail space. They are also going to extend one of the main road as well.

    Another positive news from singleton is that council has been approved to develop a massive shopping village in the heart of singleton to turn it into a shopping hub for the surrounding suburbs.

    Will see how it goes once the development has complete.
     
  5. Kael

    Kael Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    277
    Location:
    Sydney, NSW
    Great to see another Quakers Hill lover on the forums! :)

    Congrats on your portfolio so far.
     
  6. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,113
    Location:
    Brisbane
    Some progress. I looked at Moree a while ago, might have another look, cheers.