Hi Dissanayake,

Sounds like some good news for you.  Re this comment – “Now I can cover my loan and good return.” – were you not covering your loan previously?  i.e. was it negative geared?   Was it like that when you bought initially?

  Morning expansion between Emerald and Backwater would impact the markets.

I wonder about that comment – was…[Read more]

Hi Daniel,

I hesitated to add my thoughts for a couple of reasons – 1. because I have never done a subdivision before, and 2. I don’t know Victoria.  But, since no-one else with more experience has stepped in, I thought I’d have a go.  If nothing else, my thoughts might help you to choose your path, based on the questions I ask.

First off, w…[Read more]

Hi Daniel,

I hesitated to add my thoughts for a couple of reasons – 1. because I have never done a subdivision before, and 2. I don’t know Victoria.  But, since no-one else with more experience has stepped in, I thought I’d have a go.  If nothing else, my thoughts might help you to choose your path, based on the questions I ask.

First off, w…[Read more]

Hi Nalin,

I think you need the advice of a Lawyer or an Accountant for that one.  There are one or two things that would be advantageous to do, relating to the fact that you are now in the property personally.  I’ll leave it to someone else to go through the ins and outs, as I don’t have all the knowledge, nor the requisite licencing to help you,

Benny

Hi TG04,

I had a look at that page, and it appears to me that those comments should have referred to after-tax income, not pre-tax.

As you say, there is no way you could cover 100% of pre-tax income using after-tax monies.  Well spotted,

Regards,

Hi TG04,

I had a look at that page, and it appears to me this is simply an error – that the comments were referring to after-tax income, not pre-tax.

As you say, there is no way you could cover 100% of pre-tax income using after-tax monies.  Well spotted,

Regards,

Hi TG04,

I had a look at that page, and it appears to me this is simply an error – that the comments were referring to after-tax income, not pre-tax.

As you say, there is no way you could cover 100% of pre-tax income using post-tax monies.  Well spotted,

Regards,

Hi Andre,

Welcome aboard.  :)      “The worst thing you can do is nothing”.  Phrases like that are often accompanied by solicitations to buy whatever a promoter has to sell.   i.e. It can be a marketing ploy to nudge you into action.  Diving in and hoping for the best is also not recommended.  But, it is good to hear you have saved a deposit a…[Read more]

Hi Andre,

Welcome aboard.  :)      “The worst thing you can do is nothing”.  Phrases like that are often accompanied by solicitations to buy whatever a promoter has to sell.   i.e. It can be a marketing ploy to nudge you into action.  Diving in and hoping for the best is also not recommended.  But, it is good to hear you have saved a deposit a…[Read more]

Hi dablackkid,

One IP is a good start – not too many even do that.   Do you have a question for us?  Anything we can help you with?

Benny

Can someone point me in the right direction where to get some solid data/information to prove that year-on-year rents went up 18/19% in 2020-2021.

Hi Mark,

Since I live in Brisbane, I was interested to see for myself.  A quick look around on Google showed me that most sources have called a 9% to 10% rental increase.   This seems to fit with DH…[Read more]

Can someone point me in the right direction where to get some solid data/information to prove that year-on-year rents went up 18/19% in 2020-2021.

Hi Mark,

Since I live in Brisbane, I was interested to see for myself.  A quick look around on Google showed me that most sources have called a 9% to 10% rental increase.   This seems to fit with DH…[Read more]

Hi Dean,

There are plenty of folk on here who could perhaps answer you better than I, but here’s a few thoughts anyway….

1.  That equity (if your situation allows you to borrow it – DSR, etc) can be all used on one property, or perhaps provide deposit and costs for more than one.  Your borrowing capabilities would be the limit on what you m…[Read more]

A further year has passed, and what a year.   Early projections made when Covid first hit were saying that housing values would fall.  And I can see why that was said:-

1.  With immigration stone dead due to covid, no new housing for them would be required.   Also, businesses and jobs were affected massively – the Fed Govt had to shore up the fi…[Read more]

A further year has passed, and what a year.   Early projections made when Covid first hit were saying that housing values would fall.  And I can see why that was said:-

1.  With immigration stone dead due to covid, no new housing for them would be required.   Also, businesses and jobs were affected massively – the Fed Govt had to shore up the fi…[Read more]