yes I hate the beach, however everyone wants to go there. Saw an interesting program on tv about a year ago talking about Tsunami – said that it’s strange how planning policies allow all this development on the coast when tidal waves are a natural and relatively frequent phenomena. it suggested that a decent tidal wave on the east coast of…[Read more]

I have never been to Melbourne and seen these apartments or where they are etc etc. If the price collapses would you think they would be a good long term opportunity? Will you be able to find a tenant to earn income of any sort?

Tony – am hearing your concerns and am in a similar situation. Thanks for posting that advice which looks expensive! Seems that after going to all the expense and hassles of setting these things up they aren’t water tight anyway. Propertyguru – are you concerned by this advice or are you confident your trust deed is different enought to stand up?…[Read more]

seems strange though that with the economy running better than it ever has that we are about to embark on a gamble with an unkown factor. happened with the libs in WA too, finally we had paid off the debts that labor clocked up in the 80’s and we were getting back on our feet, and then for the sake of a $12m bell tower (which wasnt very popular,…[Read more]

it’s all about building the foundations of your wealth… manage your cash flow, generate capital gains, revalue to borrow and build it up. Valuations are just one of your tools.

whenever you sell it is a good idea to patch up cracks. minor settling cracks can send buyers running a mile. as a buyer it can of course present an excellent opportunity. i would look at the property and you may get a nice discount.

Extensive list of new Perth property available for sale.

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

hmmm – last time I had a trouble tenant all I did was threaten a PM to be appointed and they did a runner. Hopefully someone on here has some good advice. I woudl probably send some heavies around but I don’t know how favourably the courts would look at this if things got out of hand

I am told that all banks have their own means of measuring your servicability, however a typical DSR calculation that I use to try to keep track against is to add up all your loan commitments (including car leases before tax benefits) plus 5% of any undrawn credit amounts and divide it by the total of 30% of your wages and 80% of your rent. I…[Read more]

are you using a property manager out of interest?

Richmond – where did you get this from please? Do you have a link or something? I would be interested to read the full report.

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 -…[Read more]

westpoint have some adverse publicity – strong sales pitches etc. Once again though, like all property deals, the main thing is to make sure the deal stacks up for you. Do your own rental assessment to see what you will get in 3 years time when the guarantee expires. What are other apartments around this one selling for?

Extensive list of new…[Read more]

please note that an agent cannot split commission on a purchase for themselves – is a conflict of interest as they are theoretically acting in the sellers interest yet they are the buyer. if you want to trade property to make a dollar it is probably best that you are not an agent as you are not bound by the quite onerous disclosure, ethical and…[Read more]

there was never a truer comment than in the latest Money magazine – investors try to time the market and whilst waiting for a bargain prices continue to rise up and up. Property consistently grows… the best time to buy was yesterday. If you missed out yesterday don’t wait till tomorrow. Well priced and well located property is always the way to…[Read more]

hang on, to be far the comparison should be the mortgage rate that the funds are destined for, so say 6.49% times the $66k equity = $4283. assume a $3k loss which is doubtful at that level of gearing but just say, add on $3k = $7283. thats a growth rate of just 4.9% which will be taxed at the CGT concessional rates. even the bear markets of…[Read more]

I know CF+ property is the trendy thing now – but seriously… flood zones? is this really what you want your asset base to consist of?

the market is pretty volatile there though – all over the place like the share market. check out

https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=7831

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…[Read more]

Hi Leigh-Ann,

check out… https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=5411

not sure if the discussion will help, but it does touvh on the subject.

Hi Adrian – we installed one recently for $5000 I think it was. You will need a sparky to supply power to there as well. We also needed to install an intercom system taht linked to it for $2300 which also needed power. This was a new development so laying the cables was straight forward, would be much harder otherwise.

Extensive list of new…[Read more]

fantastic news. I sold my UK property several years ago and have regretted it ever since. Have been waiting for a nice price retreat.

Buidlers usually collect 10 to 15%
Developers collect around 20% IF all goes well.

So if they are both, then 30% would be conceivable. But for this they are taking on many risks, headaches and effort. Many developers think they are making a decent profit but all they are really doing is realising the capital gain in their underlying land…[Read more]