Replies Created | Forums | CyberMicah

Forum Replies Created

Viewing 5 posts - 1 through 5 (of 5 total)

CyberMicah
Member
@cybermicah
Join Date: 2005
Post Count: 6
July 31, 2007 - 3:00 pm
Thanks Elka , understood.
CyberMicah
Member
@cybermicah
Join Date: 2005
Post Count: 6
July 31, 2007 - 9:38 am
thanks Tysonboss1 and Richard.
So Richard what you are saying instead of transferring the property into the Super Fund, I would have to sell it first, pays CGT and buy another property to place in the Super Fund?
CyberMicah
Member
@cybermicah
Join Date: 2005
Post Count: 6
June 3, 2005 - 4:12 pm
A big factor I have found to consider is who is the onsite management team. A good onsite manager/team will know how to effectively advertise, keep the place well maintained and know how to get visitors returning every year. Good managers will have a history, and I would recommend doing a bit of back ground homework on the management team, as part of your overall research on buying a specific IP in a holiday letting location.
CyberMicah
Member
@cybermicah
Join Date: 2005
Post Count: 6
June 3, 2005 - 4:02 pm
I have found occupancies vary depending on where you buy on the coast. I have a holiday let property, beach front averaging 85% + occupancy. The opportunity on the coast may be LOCATION based, and the closer you get to the beach and the views, the less chances of positively geared opportunities but it balances out with better capital growth, if you are in the game long enough.
CyberMicah
Member
@cybermicah
Join Date: 2005
Post Count: 6
June 3, 2005 - 3:17 pm
http://www.prd.com.au is probably more useful if you want to analysis property prices of an actual street. It gives a list of each property on the street, when and what they were last brought for. It costs for this data though.