Put property in a discretionary trust, live there and sign a lease and pay rent to the trust, run a business from home and the rent becomes a deductable business expense as a bonus.

Put property in a discretionary trust, live there and sign a lease and pay rent to the trust, run a business from home and the rent becomes tax deductable as well.

I use it to create interest and develop a personal brand, to me every bit of visibility you can attain will leave an impression on your followers/lurkers’ minds, and when someone mentions a need for your service you get a mention. It seems the best approach is to be indirect and show that you have an active and interesting life to garner a…[Read more]

Went to a seminar last night and Perth people pay 24% of nett wages to rent/mortgage repayments, Sydney is closer to 44% so it will be relative to the geographic location of the impact that is felt.

I would say we will get into stress, without anything else changing such as unemployment or hyperinflation, around the 6% mark which historically is…[Read more]

Went to a seminar last night and Perth people pay 24% of nett wages to rent/mortgage repayments, Sydney is closer to 44% so it will be relative to the geographic location of the impact that is felt.

I would say we will get into stress, without anything else changing such as unemployment or hyperinflation, around the 7% mark which historically is…[Read more]

These issues are open to negotiation and if you don’t ask you don’t get.

Remember, in hot markets things like this will put you at the bottom of the list.

Consider what you like to do, what you are passionate about and work out a way to monetize it.

The valuer will makes notes in the report and the bank will decline to approve unless you can show funds available to complete the necessary repairs and upgrades. If you get into structural changes then they will likely decline. There are still options available for finance, in this case, you won’t be paying retail rates though.

Pre royal commission this was a relatively easy fix, now, as @terryw has already stated it will require a full application to assess serviceability under the new repayment schedule. Being self-employed, depending on your scenario can also complicate matters.

Pre royal commission this was a relatively easy fix, now, as @terryw has already stated it will require a full application to asses serviceability under the new repayment schedule.

Perth is currently experiencing both high growth and high yield returns due to this unique time in history with interest rates at an all-time low, especially fixed rates which can provide a level of comfort to those entering the investment property market.

Cash flow positive and capital growth within a capital city is a rare occurrence indeed.

As already said get yourself a reputable investment savvy mortgage broker, hint they have already made themselves known.

Finance, if required will need to be commercial as well.

Its normally always the price but as mentioned could have a dud agent as well.

2 major boxes need to be ticked;

1. Security – being at 50% you are sweet there

2. Income – you will need to demonstrate income above and beyond all outgoings including living expenses which will leave you with surplus income that would need to cover the repayments at between 7-8% inmost cases.

Very interesting and if that is the case then you could consider Melbourne over Brisbane for short to medium term growth.

Hopefully can generate some equity that you could then pull to purchase in Brisbane.

Very interesting and if that is the case then you could consider Melbourne over Brisbane for short to medium term growth.

Investors can assume that adding a 100k GF will automatically add 100k to the value of the property but this usually is not the case so be aware of possible over capitalization.

Who is doing those @qlds007 ?

Is it via private funding?