Emil replied to the topic How do you handle criticism? in the forum Opinionated! 11 years, 6 months ago
Personally, when faced with criticism, I try to do the following:
– Control my first reaction. Even if my first impulse is to get angry, defensive or aggressive, I usually take a minute and not say anything. Usually, these impulsive feelings melt into thin air and it’s better to wait or else I might regret having said something that I didn’t…[Read more]
Emil replied to the topic Help! Recommended Investment Suburbs for low prices in the forum Help Needed! 11 years, 6 months ago
Hi there,
I’d say that The Northern Territory is the perfect area for you to find a property under $250k with promising high returns. Darwin has been Australia’s market leader since 2004, offering gross rental yields of 6%. According to realestate(dot)com(dot)au, at this point there are 67 properties for sale in NT with prices below $250k and 18…[Read more]
Emil replied to the topic Best suburbs in and around Brisbane for renovate to hold/sell?? in the forum Help Needed! 11 years, 6 months ago
Hi,
Serviceseeking(dot)com(dot)au presents the Eastern side of Brisbane as offering the highest revenue potential in terms of buying property and then renovating it for investment purposes. It is closely followed by the Southern side. Suburbs located 3 km to 10 km away from Brisbane’s CBD are a smart investment choice, recording increased buyer…[Read more]
Emil replied to the topic Good Rental Yield in Melbourne in the forum Help Needed! 11 years, 6 months ago
According to RP Data, Melbourne’s median gross rental yield during the first quarter of 2013 was:
– 3.6% for houses
– 4.4% for unitsYields are expected to increase from now on, as auction results on the property market in Melbourne show weekly growth.
Cheers,
EmilEmil replied to the topic Any knowledge of area in the forum Help Needed! 11 years, 6 months ago
Hi,
According to realestate(dot)com(dot)au, the latest median prices for recently sold properties are:
– $380,000 for houses
– $265,000 for unitsThe demand is pretty high, figures showing that there are approximately 11 people looking per house within Bundamba.
Cheers,
EmilEmil replied to the topic Current boom suburbs in Melbourne in the forum Help Needed! 11 years, 6 months ago
Hi,
According to Property Observer, 5 suburbs in Melbourne record as offering high economic potential for future growth:
1. Thornbury
Over the last 22 years, Thornbury saw an impressive growth of 21% per annum. The average median price of houses is now around $432,000, so the property market is very appealing to investors and homebuyers.
2.…[Read more]
Emil replied to the topic Where To Buy Investment Property? in the forum General Property 11 years, 7 months ago
Hi,
Registering 5.8% rental yields for houses and 6.2% for units, Darwin ranks as having the highest returns. Also, in 2012, the city experienced a 16% increase in house rent prices and a 20% increase in unit rent prices. The next best performing city is Perth.
Out of the states you mentioned, I would choose QLD, as Brisbane has shown very…[Read more]Emil replied to the topic New to property in the forum General Property 11 years, 7 months ago
Hi,
Your equity base is strong enough to allow you to easily buy two units for investment purposes. What to consider: location (I suggest boom towns and property hotspots, because the demand for rent is high and the gearing conditions are positive), depreciation and tax deductions, and a mortgage broker who can offer professional service. Time is…[Read more]
Emil replied to the topic Marketing through social media in the forum General Property 11 years, 7 months ago
Hi there,
Websites provide unique and relevant content, and Social Media channels are used for promoting that content. They go together hand in hand as an important part of your online brand marketing strategy. Social Media increases visibility, number of leads, and conversion rates. Use Twitter, Facebook, Pinterest, Linkedin, Google+, they are…[Read more]
Emil replied to the topic Viewing homes for sale in the forum General Property 11 years, 7 months ago
Hi,
Things like this don’t usually happen. Follow-ups are never neglected by professional agencies, as they know that good service wins the game. Not to assist your clients is to defeat the purpose of having a real estate agency. I’d say you look for another one, there are plenty to choose from.
Cheers,
Emil
Sunbuild InvestEmil replied to the topic Positive or Negative? in the forum General Property 11 years, 7 months ago
Hi,
Investors prefer units to houses, because prices don’t fluctuate as much.
To make the most of your investment, carefully consider the mortgage broker you want to work with, the depreciation and tax deductions, and the location. Check what’s fueling the local economy, choose a spot where the industry is active and produces jobs that attract…[Read more]Emil replied to the topic Minimum Yield? in the forum Help Needed! 11 years, 7 months ago
Hi there,
A 5% yield is good news. Darwin and Perth rank as having a 6% yield, the highest in the country, so your property from Victoria is doing very well. Besides that, cash flow is also influenced by depreciation. For best results, work with a specialised company to maximise your tax deductions. Also, contract a savvy mortgage broker for a…[Read more]
Emil replied to the topic Which Unit? in the forum Help Needed! 11 years, 7 months ago
Hi,
If I were you, I’d definitely choose the larger apartment. The 16 sqm difference is a decisive factor, given the fact that we’re not talking about very spacious units. Say you had to choose between a 150 sqm unit and a 166 sqm apartment, then yes, pick the 2 storey unit with a street view. But since you’re dealing with 48 sqm and 64 sqm, I’d…[Read more]
Emil replied to the topic Where to begin? in the forum Help Needed! 11 years, 7 months ago
Hi,
Here is the latest statistics, according to realestate(dot)com(dot)au and realestateview(dot)com(dot)au, for the 3 suburbs you mentioned:
1. Orange
– median house price – $349,000
– median unit price – $187,500
– demand – 4 people looking per house
– median age – 35
– weekly rent – $230
– weekly household income – $11462. Dubbo
– median…[Read more]Emil replied to the topic Build/buy/develop? Help! in the forum Help Needed! 11 years, 8 months ago
Hi,
Congrats on your investing strategy. It would be great if all beginners had your luck and expertise.
To answer your question, I believe that developing a few units is the best choice. Don’t stress over negative gearing during the first years, as these property investments offer huge benefits on the long run.
Cheers,
Emil
Sunbuild InvestEmil replied to the topic Is this a good investment idea? in the forum Help Needed! 11 years, 8 months ago
Hi,
Considering that it's your dad you are talking about and that you both earn good salaries, I wouldn’t worry about negatively geared cash flow in the beginning. Investing is a process and it will completely pay off in the long run.
Cheers,
Emil
Sunbuild InvestEmil replied to the topic Regional city growth in the forum Help Needed! 11 years, 8 months ago
Hi there,
At this point, in most Capital cities, high demand and low construction approvals are generating increased activity on the property market. On the other hand, the regional areas, with lots of land available, are experiencing a slower rhythm of economic growth. This will change soon, as low affordability makes people shift towards these…[Read more]
Emil replied to the topic New to property investing – advice needed pls in the forum Help Needed! 11 years, 8 months ago
Hi Nick,
Congrats for your gift, this opens up a lot of possibilities for you. It’s going to be exciting, but finding the right path implies hard work. Regarding mortgage, it’s mandatory that you find an experienced financial and loan adviser, in order to reach maximum potential of your income.
As a rookie investor, you need to do a lot of…[Read more]Emil replied to the topic Buying off the plan in the forum Help Needed! 11 years, 8 months ago
Hi,
There are several essential aspects you can’t neglect if you want to make buying off the plan a significantly more affordable alternative to buying already built property. First of all, the builder’s reputation is important. Choose a company with a solid track record in delivering on-time and on-budget projects. Pay attention to construction…[Read more]
Emil replied to the topic Where to invest? – First time investor in the forum Help Needed! 11 years, 8 months ago
Hi Nathan,
Regarding your objections:
1. Certain City – Darwin is not just a certain city, according to RP Data, Property Observer, SQM Research, and APM Monitor, Darwin is the property market leader since 2004 with highest rental yields, highest employment participation, and lowest vacancy rate. It is a property hotspot according to experts, not…[Read more]- Load More