it’s all about perception… I went to the shops for the first time in ages last Saturday – OMG! people were in a consumption frenzy – cars dumped all over the pavement, couldn’t get to counters… it felt like Christmas. it sure feels like boom times to me.

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

Not only official Buyer’s Agents can act on your behalf… if you strike a rapport with a particular agent that you think is really worthwhile, consider employing them as your buyer’s agent.

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

Falcon – there is an extremely good argument for spreading your portfolio around the country. It lowers your land tax as you say, plus it diversifies your exposure to different markets. Just please do your homework and don’t get ripped off like so many people have been (and continue to?) investing in units up in the likes of Queensland at well…[Read more]

Yes but it doesn’t matter how well prepared you are or what you do – we are all apart of this economy and if there is a major credit squeeze and we are plunged into recession (or dare I utter depression) then we will all suffer. You can lie awake at night worrying about this or cross your fingers and go for it. The alternative is to try changing…[Read more]

the crux of all this is that a vluation is just an opinion. no one has a crystal ball so the only true way to test it’s value is to sell it!

a lot of this discussion seems geared to bigger projects than a backyard devy, but with regards to:

“The land component often requires the most negotiation. For example, avoid committing financially until your sales target is reached and secured.”

….not sure if it eludes to the developer walking away from the whole deal if the targets aren’t…[Read more]

well it’s a bit like sitting around debating if you will die tomorrow. who knows? just keep pressing on in case you don’t

my geuss is the owner crunched the agent on rates – doesnt take long to blow your commission when the listing is 80kms away. this seems an unfortunate symptom of ‘getting what you pay for’, or could after all just be laziness!!!

Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of…[Read more]

boom or bust is anyone’s guess, but let’s not forget market fundamentals such as the very real and quickly aging population – was only reading a couple of days ago about how diverse suburbs will fare better in the future than the traditional 1/4 acre block suburbs as the ‘oldies’ want to live closer to their children but don’t want to live in a…[Read more]

last year we got massive slugs in stamp duty. this year it came back a little. wonder why – oh that’s right… labor govt in election mode. good grief, spare us all.

here you go… http://www.dtf.wa.gov.au/cms/uploadedFiles/200405budgetbrochure.pdf

I haven’t read it yet as it is still loading on my machine!

Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our property development partnerships – contact me to find out why our developments are…[Read more]

probably – but you can always reduce it next time you need a loan of it is a problem

Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our property development partnerships – contact me to find out why our developments are unique. John – 0419 198 856

Normal > Normal > Normal >

what on earth makes you think there will be a crash soon? we can live in hope.

Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our property development partnerships – contact me to find out why our developments are unique. John – 0419 198 856

its a tough decision – but do something! a PPOR or an IP are both effective wealth generators, but at least with a PPOR you get to enjoy it. I would buy a modest PPOR and try to get an IP as well (as soon as possible for both)

Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our…[Read more]

the info is a matter of public record anyway so I doubt there are any restrictions on selling it. I would imagine a good level of demand at that price – though a quick call to any real estate agent would achieve the same result.

I don’t think there are many people who couldn’t envisage what to do with $30m… I think this story applies more to the exception than to the norm and most people are on this website as they want to obtain this sort of wealth.

there is a mantra that people adopt “land goes up in value and buildings go down”. Is a bit simplisitic though as building costs are continuing to escalate strongly upwards (dragging old buildings’ value up with it), plus it depends on what land you are comparing. The 200sqm of townhouse land may be much more valuable than the 1000sqm of…[Read more]

this is the pitch from the Investors Club as well – I have always wondered how you would redraw the equity with no job and must ask someone from there how you do it….

Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our property development partnerships – contact me to find out…[Read more]

Here are some of my picks-

Queens Park, Kenwick – basically the next step on from Cannington
Mandurah and suburbs between e.g. Singleton – cant fight the flight to the ocean
Scarborough – redevelopment slated
Subiaco, Bicton – looking undervalued

How about in and around Coogee where all this development is happning? I know nothing of this area…[Read more]

… trouble is whilst people pull out of these deals due to the bad news headlines, others are out there making a killing. A Singaporean gent I was dealing with pulled out of a deal 6 months ago becuase the headlines threatened rates rises – if only he had bought that house! All that gain sacrificed because of the fear of a 0.5% interest rate…[Read more]