ajayayyar replied to the topic Cash on Cash Return question for Steve McKnight in the forum General Property 4 years ago
hi all,
interesting topic
ajayayyar replied to the topic Cash on Cash Return question for Steve McKnight in the forum General Property 4 years ago
b
ajayayyar replied to the topic Cash on Cash Return question for Steve McKnight in the forum General Property 4 years ago
Thanks Benny.
I’d also be curious if anyone else on the forum could provide some insight on what the output figures means.
A negative figure for the percentage certainly indicates that the annual cashflow is in negative, but I’d be interested to understand if it quantified anything else, particularly in relation to the original purchase/closing costs.
ajayayyar replied to the topic How far from your base should you start, Newbie in the forum Help Needed! 4 years, 6 months ago
I have heard of people buying investment properties (site unseen), however I have not done it personally. I prefer going and taking a look to get a feel for the area and talk to the locals and drive around.
ajayayyar started the topic Commercial Property investing in Australia in the forum Commercial Property 5 years, 10 months ago
Hi all – can someone give me an indication of the rough number of commercial property investors in Australia? I’m just trying to get an understanding of the market and learn more about it.
Many thanks,
Ajay
ajayayyar started the topic Commercial Property investing in Austraia in the forum Commercial Property 5 years, 10 months ago
Hi all – can someone give me an indication of the rough number of commercial property investors in Australia? I’m just trying to get an understanding of the market and learn more about it.
Many thanks,
Ajay
ajayayyar started the topic Property accounting and tax differences across Australian states in the forum General Property 6 years, 5 months ago
Hi all,
I was wondering if the process for submitting tax returns associated with property investing identical across all 6 states and 2 territories in Australia.
For example, is the process of submitting all of income/rental statements, mortgage statements, and expenses to your accountant at end of financial year essentially the game across all…[Read more]
ajayayyar started the topic Stats regarding how many property investors there are in Australia in the forum Help Needed! 6 years, 7 months ago
Hi all,
I am just pulling together some data/info on how many property investors there are in Australia, and where they are from etc.
I’ve tried the ABS but they don’t have this data. Can anyone recommend a good source where I might be able to get this data?
Cheers,
Ajay
ajayayyar replied to the topic Getting access to raw property data in the forum Help Needed! 6 years, 9 months ago
Thank you – appreciate it.
ajayayyar started the topic Getting access to raw property data in the forum Help Needed! 6 years, 9 months ago
Hi all, I was wondering where I could get access to raw property data so I can do some number crunching on historic median prices per suburb, rents, and vacancy rates.
Can someone recommend a resource and provide a rough indication of the cost to access this data?
Kind regards,
Ajay
ajayayyar replied to the topic Advice on financing for next investment property in the forum Help Needed! 6 years, 9 months ago
HI Terry, I’ve moved all mine to PI except for one.
ajayayyar replied to the topic Advice on financing for next investment property in the forum Help Needed! 6 years, 9 months ago
Hi Ethan,
Interest rate is around 5.2% so as you can see very high.
I don’t know why I need to refinance the other 2 but possible it is due to the fact I always borrow 105% of property value (I don’t put money down), so they are taking equity from other properties to fund 2 separate loans (one for the property, other for stamp duty and closing…[Read more]
ajayayyar started the topic Advice on financing for next investment property in the forum Help Needed! 6 years, 10 months ago
Hi all,
I just settled on my 5th investment property a week ago, and I would like to purchase another one in an area I think has growth potential.
I have borrowed quite a bit and have good equity, however with the recent ‘crack down’ by the government on making the market better for owner-occupiers, there have been additional regulations placed…[Read more]
ajayayyar replied to the topic investing in gold coast in the forum Help Needed! 6 years, 11 months ago
Thanks Benny, all good points.
Cheers,
Ajay
ajayayyar replied to the topic investing in gold coast in the forum Help Needed! 6 years, 11 months ago
Thanks Luke – any particular reason Mermaid Waters is a good bet as compared to Coomera and Upper Coomera?
Cheers
ajayayyar replied to the topic investing in gold coast in the forum Help Needed! 6 years, 11 months ago
Hi Benny,
It ended up going pretty good – I visited around 5-6 properties in the Upper Coomera and Coomera areas. 1 of the townhouses in Upper Coomera looked great.
I’m hoping to make a trip up there again shortly to determine next steps.
I didn’t end up looking at the Mermaid Waters – can’t remember the reason but I’m sure there was one. I am…[Read more]
ajayayyar replied to the topic Coomera, Queensland – a good area to buy? in the forum Help Needed! 6 years, 12 months ago
Hi narinder nope I didn’t visit those areas and only looked at upper Coomera and Coomera..
ajayayyar replied to the topic Coomera, Queensland – a good area to buy? in the forum Help Needed! 6 years, 12 months ago
Hi Ben,
I have been in the Commera and Upper Coomera areas over the weekend and had a good look at the area.
The real estate agent drove me around and there are a number of schools and a lot of shopping and infrastructure in the area, in addition to the upcoming Westfield.
The fact that Brisbane is 40 minutes away means those who enjoy the…[Read more]
ajayayyar replied to the topic Coomera, Queensland – a good area to buy? in the forum Help Needed! 6 years, 12 months ago
Definitely agree about the rental guarantee question – if it’s a good area, it should rent itself out.
By the way, I’d recommend Coomera and Upper Coomera as excellent investments. I am in the Gold Coast now after spending a few days up here to check out 4 townhouse.
I think the area has long term growth potential.
Cheers,
Ajay
ajayayyar replied to the topic investing in gold coast in the forum Help Needed! 7 years ago
Thanks Benny. I will be flying up there this Thursday night and staying the weekend to check out these properties and more. Will see how it goes.
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