Congrats on paying off your home, Rob!Just don't ask the bank for your title deeds back as they are safer left with the bank (i was a Westpac bank manager in Sydney CBD for several years- but don't hold that against me) . Read the Jenman article on Perth House scam: it’s a case of “I told you so” http://ow.ly/2NwaQ . Sounds like you may be more…[Read more]

For more affordable waterside property try Chelsea 35k SE of Melbourne. Smallchange suburbs like Epping to the north or Footscray, Kensington, Brunswick for inner city burbs undergoing gentrification. I have bought and sold properties in these locations with some success

I was approached by Capital360 Director Pino Tedesco to work for them and had the opportunity to meet their team. Very professional and competent.  

Coal mining towns with diversified economies like Singleton, Maitland, Cessnock in the Hunter recommended. Also West Dapto in the Illawarra. Shoot me an email and I promise to respond within 48 hours (not so reliably on line here. Can connect you with JV partners, sites or discounted off-plan opps (no stamps)

Chan and Naylor (accountants) recommended for innovative trust structures for investing in property. Happy to discuss my personal experience here and that of clients I have referred. I was employed as BDM for a firm of propertty specialist accountants based in Melbourne and know of numerous accountants and financial advisers if you feel that these…[Read more]

KatieSt wrote:
This Carly Crutchfield character is a popular one. Why is that?<br /:)” title=”>:)” class=”bbcode_smiley” /> K

She has heart. Saw her on Russell Crow hosted 'Secret Millionaire' TV programme and was motivated to accept Jon Giaan's invitation to hear her speak today.  Good start for investors looking to fast-track their knowledge…[Read more]

Jacqui,For minimum room sizes talk to HIA… Kate Harding Building Services Adviser Housing Industry Association Ltd 14 Edmondstone Street South Brisbane 4101p  07 3846 1298f   07 3846 3794hia.com.au   Personally I feel anything smaller than 3m x 3m is unlivableCheers

Congrats Jacqui. Sounds like you just got lucky…and you get to help someone else along the way. Take care not to over-capitalise in your reno – keep to cosmetic rather than structural renovation. eg if kitchen wall is load-bearing it would be better to cut a large opening instead of demolishing it. What did the agents estimate the rental return…[Read more]

Having and an exit clause in the lease (usually 30 to 90 days) will make this security more attractive to a lender and may even qualify for 80% lend instead of the usual 60 or 70% LVR. Bank Panel Valuer may want to deduct the value of the furniture pack in determining estimated value. Size counts. Internal sizing of 100 sm is v attractive. CG…[Read more]

Dan42 wrote:

eloi wrote:
hey freeenterprise can you please explain why there is new unsold properties in sydney, perth, brisbane, gold coast. if its like you  say that we have an undersupply of property by %1 then why do we have these unsold brand new apartments and houses. im baffled by this because if there is an undersupply then we would…[Read more]

Both DHA and Quest style serviced apartments offer secure rental however you are trading off capital growth because of restricted market for resale (ie. other investors). Serviced Apartment LVR is often limited to 60-70% by banks depending on internal sizing. Also in the case of Defence Housing, the location of army bases may not always coincide…[Read more]

Nationally building approvals (and commencements) have been falling since 2005. This against a trend of rising fertility supported by farsighted government policy – we need to increase the tax base to support an ageing population. ABS figures confirm net immigration is increasing – and why wouldn't people want to migrate here as Australia has…[Read more]

Yep. That's the holy grail – capital growth AND yield. Generally it is a trade-off. Depends on individual circumstances, stage of life etc., but most of my clients are looking at the BIG PICTURE profit (go for CG so long as sufficient yield to provide enough cashflow to keep investing).  I also bought 2BR in Elizabeth Bay for $305,000 in late…[Read more]

Richard –  I'm talking about 97% LVR + 2% LMI capitalised = 99%. Never heard of 4% LMI and you would know there are only two mortgage insurers left in Aust.Regards

lisamills wrote:
I have recently had a meeting with a local Destiny Financial Serivces branch (after reading one of Margaret Lomas books)and came away thinking that their methods might work for my husband and I who are looking to get into property investing. I was a bit taken aback by the fee (2 day training course at $2950) plus if I need…[Read more]

Correct Matt007. Engaging me as your Buyers Agent would involve a JV or 50/50 profit share agreement on successful 'acquisition' or signing of an option or on settlement/onsale of the option. I worked exclusively for vendors for over 10 years, now working for buyers most of my time and creating WIN/WIN/WIN scenarios is very satisfying. Many…[Read more]

Matt007 is correct in his observation that this model of having students do all the research/identifying opportunities is good for him and others such as Roy McDonald –  because land owners are a lot more savvy and these deals are now harder to find and execute. Profit split with Massland is now 20% for students' first deal instead of 15% and…[Read more]

Newport Beach, SydneyGraeme Freer Freer Property & Finance 7 Daly St Bilgola Plateau NSW  PO Box 304 Newport NSW 2106M: 0414 816 408    T: +61 2 9973 2367     F: +61 2 99187730graeme@freerpropertyandfinance.comhttp://www.FreerPropertyandFinance.comSave time money and stress using our Buyer's Advocacy service

Chan and Naylor is recommended for property investors. Fastest growing firm of accountants in  the country because although they charge a lot they can also save you $'s.

I agree with Catalyst, NIFFThere is a strong argument for keeping finance and property transaction at arm's length unless you have independent confirmation  of the property's value. I recommend my clients paying for their own valuation. Remember the two tiered marketing of properties in the Gold coast during the late nineties. A major bank wasn't…[Read more]