For anyone interested – the recording for this webinar has been released and can be accessible here:

For anyone interested – the recording for this webinar has been released and can be accessible here:

[MEDIA=youtube]Pun3r1cvxmU[/MEDIA]

Tasteful renovations to remove ‘problems’ – ie people wanting a functioning house from day 1, not something which requires repairs. Balancing cost vs value increase is essential that you don’t overcapitalise as theres no point burning money.

David raises good point, once you have a respectable home having well staged home can help entice buyers…[Read more]

Correct Dave, we’ve got clients all over Australia.

Details of Precision Private Wealth can be found here: http://precisionpw.com.au/

From the sounds of the original poster though, it actually sounds like the best initial port of call would be an investment focussed mortgage broker who can advise them of their capacity to actually purchase,…[Read more]

Consider that generally lower socio-economic areas have higher rental property ownership than other areas – generally you will find more investors there!

Yields are usually higher and as you’ve noted – lower entry costs which keeps a steady stream of people looking at them as investments. My entire portfolio would fall into the lower…[Read more]

With a budget of 220k you will be certainly limited. It may be worth considering your options in regional/interstate at the same time – there’s no harm in looking at the comparisons. In general try to stick to supply constrained property (ie don’t buy units in an area where they’re building more and more units, or houses in a new estate/next to a…[Read more]

It’s generally very unlikely that you will have a term deposit at a higher interest rate than the interest rate of your home loan – so best to stick with parking the funds in your offset account.

So – a property where there is a lot of supply (competition increasing), capital values reducing, rents crashing and no get out clause.

The only thing worse I can think of is buying in a mining town.

If affordability is a problem it’s likely that adding the trust in will reduce it even further. The scenarios Terry has given above largely shows fringe scenarios which a trust could provide niche benefit (and in quite a number of those scenarios a trust is not required to use those benefits).

You’re more likely to hinder than help your…[Read more]

The replies to this thread are based on being in Australia, however you’ve noted that the broking business would not be here.

You need to find out from the relevent country you’re looking to operate in the requirements and likely outcomes – Australian’s won’t have a clue what it’s like to run a business in a completely different regulatory environment.

What’s the best? kind of like walking into a doctor asking what’s the best medicine when you haven’t given them any of your health information, symptoms etc. ;)

What’s best will depend on your personal knowledge and financial capability. And more importantly, what opportunities the market presents. No point saying you will develop if you do not…[Read more]

Hey Tom, welcome to the forum.

In terms of if you wanted to start with commercial from Day 1:

First port of call is to work out the feasibility of your financial situation – what can you work with in terms of deposit, capacity, structure. This will dictate the types of properties you can buy, minimum lease lengths, minimum yields etc. One you…[Read more]

It’s all open for negotiation – a tight rental market will see tenants paying for a lot more costs, in times where its difficult to get tenants you may not get much at all covered by the tenants.

General items which tenants will often cover:

*Land Tax
*Council Rates
*Maintenance
*Strata costs
*Utilities
*Fitout and make good provisions – right…[Read more]

You can definitely order a retrospective property valuation for these purposes – I’ve seen it done for this exact reason a number of times. :)

Hey Anthony,

Asset protection can be a valueable thing – particularly for those in litigious industries, ie doctors, lawyers, developers.

You will need to look at whats the real chance of you being sued and whether its worth it. In terms of our clients, I would say <10% have their properties within a trust, and of that most only have *some*…[Read more]