fxdaemon replied to the topic Opinion on commercial lease-back? in the forum Commercial Property 8 years, 5 months ago
Thanks Corey.
Are you saying that the lease back rent value may be
inflated by vendor to distort the true value of the
property?Thanks
FXDfxdaemon replied to the topic Method to introduce cash flow into properties or neutralise my current position in the forum Help Needed! 8 years, 5 months ago
I had a similar situation as your IP B before and after allowing it with 5 years to prove itself in terms of rental yield & growth,
both have shown interior and disappointing performance so I decided to get rid of it with a break-even exit overall.I think you need to have a realistic time horizon and draw that line deep in the sand. The asset is…[Read more]
fxdaemon started the topic Opinion on commercial lease-back? in the forum Commercial Property 8 years, 5 months ago
Hi commercial experts,
Has anyone had much experience with buying commercial with vendor doing lease-back?
I am talking purely of commercial (ie office, industrial, retails) excluding the display homes type lease-back.– Is that in general a pump and dump strategy to bait the inexperienced and be taken as a red flag?
– Should I even consider this…[Read more]fxdaemon replied to the topic Diversified Lending Structure (how to maximise your borrowing capacity) in the forum Finance 8 years, 5 months ago
Hi Corey
Thanks for the great article and explanation of the borrowing strategy. Can you please shed some lights on the following 2 questions:
1. Do this statement “to maximise the borrowing potential far beyond what any one lender would allow” risk putting the borrower in
an over leveraged position? Does the lending (or should I say…[Read more]fxdaemon replied to the topic Commercial property valuation: tenanted vs vacant in the forum Commercial Property 8 years, 5 months ago
Thank you very much George for the detailed explanation, really appreciate it.
Cheers,
FXDfxdaemon replied to the topic Managing cash flow for negatively geared IP? in the forum Finance 8 years, 5 months ago
NO worry Benny and thanks for your suggestion indeed.
fxdaemon replied to the topic Investment strategy with OpenCorp in the forum General Property 8 years, 5 months ago
Thanks guys. Exactly the kind of feedback I am after.
Cheers,
FXDfxdaemon started the topic Investment strategy with OpenCorp in the forum General Property 8 years, 5 months ago
Hi experts,
Does anyone have any experience with the company named OpenCorp?
I’d like some feedback/comments if it’s worth while.Thanks.
Cheers.
FXDfxdaemon replied to the topic could anyone recommend me a good builder in the forum Help Needed! 8 years, 5 months ago
I have Vogue Domain Living built our house and and impressed with the workmanship and the overall process & experience.
They may not be the cheapest but look up their website to check their past projects for yourself to decide: vdl.com.au.Paul is a good guy to speak to & good luck.
Cheers,
FXDfxdaemon replied to the topic Capitalized Interest?? and the system you use to pay off loans quicker…. in the forum Help Needed! 8 years, 5 months ago
Hi tax experts,
I’ve been recently challenged with this ruling by accountant when I describe what I plan to do to provide temporary cash flow relief.
My plan is NOT to compound interest but the following:
1. Organise a LOC against the IP itself when it has built enough equity
2. All rental income of IP goes to PPOR loan offset account
3. All IP…[Read more]fxdaemon replied to the topic Whats the best method to own 3 properties debt free ASAP , details below in the forum Help Needed! 8 years, 5 months ago
Do u mind me asking a copy too ? :-)
fxdaemon replied to the topic DA permit & valuation in the forum Value Adding 8 years, 5 months ago
Hi Corey, as per my OP it’s only a duplex.
Thanks,
FXDfxdaemon started the topic DA permit & valuation in the forum Value Adding 8 years, 5 months ago
Hi experts,
I’ve got a decent block that I am planning to apply for DA for a duplex.
I am prepared to put in own money to the point of permit issuance.
Will lender value the same property higher with the DA permit granted without the actual development?
Obviously my plan is to leverage on possibility of a higher valuation to fund part of the…[Read more]
fxdaemon replied to the topic Whats the best method to own 3 properties debt free ASAP , details below (long) in the forum Help Needed! 8 years, 5 months ago
I mean Debt Servicing Ratio (DSR), ie how well you can service the debt payment, which hinges on your cash flow a lot.
Every lender has different calculator, so may be good to approach a reputable broker to assess your position to set expectation to
begin with and understand what product best suits you.fxdaemon replied to the topic How to grow an investment portfolio with limited Equity in the forum Creative Investing 8 years, 5 months ago
Hi Corey
I have an old house for few years of which equity has grown quite a bit.
If I organise LOC to finance a reno, is that considered capital improvement?– If so, will it be better to consolidate the original loan and LOC into a larger loan so there is capital cost rebasing for CGT purpose further down the track if I need to sell it?
– If…[Read more]
fxdaemon replied to the topic Buyers agent for commercial property in the forum Commercial Property 8 years, 5 months ago
Hi Nigel
Do deals with above performance still available? Where or who I can enquire more about them?
Do you hedge your forex risk?Thanks
FXDfxdaemon replied to the topic Commercial property valuation: tenanted vs vacant in the forum Commercial Property 8 years, 5 months ago
Not exactly what I was after but hey since you have raise that suggestion how does Steve’s fund compare with Sentinel Group ones?
Any performance comparison or fund benchmark as a guide?Thanks
FXDfxdaemon replied to the topic Whats the best method to own 3 properties debt free ASAP , details below (long) in the forum Help Needed! 8 years, 5 months ago
I agree with the comment of buying as often as you can.
The strategy will not be too different from people buying IP to pay off PPOR sooner.Think of it this way the simplified process:
If you need to buy N IP to pay off 1 PPOR
Then you will need to buy N x N IP to pay off the original N IPIt then comes down to DSR .. which is almost the one…[Read more]
fxdaemon replied to the topic Whats the best method to own 3 properties debt free ASAP , details below (long) in the forum Help Needed! 8 years, 5 months ago
I agree with the comment of buying as often as you can.
The strategy will not be too different from people buying IP to pay off PPOR sooner.Think of it this way the simplified process:
If you need to buy N IP to pay off 1 PPOR
Then you will need to buy N x N IP to pay off the original N IPIt then comes down to DSR .. which is almost the one…[Read more]
fxdaemon started the topic Commercial property valuation: tenanted vs vacant in the forum Commercial Property 8 years, 5 months ago
Hi experts,
New to commercial property and have some questions around valuation.
1. Is there any hard and fast rule re commercial property valuation when it comes to comparing tenanted property vs vacant one?
What is the industry best practice to value the same property with vs without tenant?
Is it reasonable to expect 10%, 15%, 20%…[Read more]- Load More