Interesting takes on what should be done to curb affordability…

Fundamentally the real problem is not developers, or investors or the banks, but the taxation from 3 levels of government on the development of new land/units. There are 52 taxes charged to developers from project inception to the delivery of a block of land or unit to the market.…[Read more]

Hi,

I have now built my own tool to establish the benefit for a borrower under this loan product, where all variables can be applied for the individuals circumstances. After spending 8 months building it and now being on the verge of having all calculations fully audited and signed off on by Grant Thornton Accountants (one of Australia’s big 4),…[Read more]

Hi Newcoolkid,

I think Ripehouse.com.au is the tool you are looking for. HTW has property clock information available, however the data published is delayed by sometimes up to 6 weeks from the time the results have been calculated. A lot can change in a market in that period of time, so there is always an inherent risk for investors using this…[Read more]

Hi Sam,

There are a few fundamental things to look out for and be aware of before you commit to that kind of fee:

1. At what point do you pay the fees for the service? Are they paid in advance to engage BInvested to go “searching” for the property for you?
2. Who defines what under market value is? What happens if you disagree with the…[Read more]

Hi Adam,

For the information you are searching for I would suggest Ripehouse as your go-to platform as suggested by JBC. I have been in the investment space for a long time and can say that it provides a level of research not available on nearly all the platforms and is very economically priced. The core of the platform is to provide investors…[Read more]

Hi Bond,

If you were to split the loans and uncross the properties offered as security, the scenario might look this way (to avoid LMI on property B)

Property A
Value – $700,000
Equity Redraw – $200,000
New Loan Value – $475,000
New LVR – 67.86%

Property B
Value – $800,000
Deposit from Equity Redraw – $160,000
New Loan Value – $640,000
New LVR…[Read more]

That’s all well and good, but the reality is that regulating the property advice industry is so low on the list of the governments radar of things to do, it will just never happen in the short term, if ever. Governments have been lobbied for years on end to clean the industry up, but it obviously hasn’t happened to date and won’t any time in the…[Read more]

Hi Shannon,

I would highly recommend Ripehouse (www.ripehouse.com.au) for all of that information. There is most, if not all of what you have asked for available on the site and the results it generates are strictly derived via these metrics for strategies (capital growth, flipping and cash flow).

Hi Wealthyjvd,

Yes, we do find investments Australia wide, however we don't cater to the development industry. I have completed $50 million in mixed use developments over the past 8 years, so you can ask some questions and I will most likely be able to direct you to the right place to do some more extensive investigation…

Hi Ryan,

Its a pretty big topic the topic of property investment area research and one where you will have many people tell you their method/data is superior to someone else's. Basically I have done a thesis on property research at Uni, invested in many properties of my own, built and developed around $50 million worth or high rise unit…[Read more]

Hi Ryan,

Its a pretty big topic the topic of property investment area research and one where you will have many people tell you their method/data is superior to someone else's. Basically I have done a thesis on property research at Uni, invested in many properties of my own, built and developed around $50 million worth or high rise unit…[Read more]

Hi Ryan,

Its a pretty big topic the topic of property investment area research and one where you will have many people tell you their method/data is superior to someone else's. Basically I have done a thesis on property research at Uni, invested in many properties of my own, built and developed around $50 million worth or high rise unit…[Read more]

Hi David,

If you are going to set up a subleasing business, you could set one up in the corporate short stay, furnished apartment market. The rates you an get for a Sydney CBD furnished 1BR apartment are around $1,100 per week and from our experience in doing it, they are leased out around 90% of the time if they are furnished tastefully ($15,000…[Read more]

Hi Paul,

Like everything in life, its pretty easy when you know how it works. I am an excel master. You can PM me and send the sheet to me and I will fix it for you. If you want to try and do it yourself, you will need to use the PMT function to calculate the weekly/fortnightly/monthly payment required. There are lots of variables in calculating…[Read more]

The management agreement is your first port of call. Have a look in there and see what it says. It has to be stipulated in there by law, so that is the easiest way to resolve your issue. If they have an unusual way of calculating the fee, it would have to be articulated in the agreement clearly so it can be worked out in the event of a dispute. 

Hi Micky,

As Freckle said, you will definitely need to do up an accurate timeline of events for all of the issues you have had. I would suspect that the Property Managers would be at risk of having their Real Estate Licenses taken from them by the department of fair trade. Have a look through the management agreement you have with them (should be…[Read more]

Hi CS,

Having developed $50 million worth of property I can give you the following information in regards to the sale.

The selling agent isn't the information portal for progress updates on the development as they are 3rd parties that are only as knowledgeable about the development as the developer allows them to be. You have to also consider…[Read more]