" But if it is one off capital gains from the sale of property then this is unlikely to be considered income for loan servicing."

What classifies as one off capital gains terry? Is it If you had a buy and hold property within your trust that you had decided to sell yes?

If your business is the purchasing, renovating and selling of property…[Read more]

Looking at my situation.

Currently 3 directors all of varying levels of income. In the future one of the directors is looking to remove himself from the company/trust to go off and do other things. So the only way that his personal guarantees for existing loans to be removed is to show that the existing directors income can satisfy the loans…[Read more]

HI jacM and all, with your comment "cannot subdivide off the back yard". Is it possible for a smsf to invest in a Unit trust say at at 50.50 ratio ( Half cash from smsf and Half personal cash). The Unit trust to then go out and purchase a property and using the personal cash to pay for any subdivision/renovation costs ? 

The main way to keep down cost: try not to change too much of the plumbing.
Keep the sink where the sink is, the shower/bath in the same spot and the toilet the same too, unless you feel changing the layout will significantly improve and increase the room's value.
That means you have only second fix costs for a plumber, like fitting taps…[Read more]

*40 linear metres 

I currently have two properties located in taperoo. Both bought well under market value. The area still has a fair bit of stigma around it and I would would go as far to say its prob the worse thought of suburb in western adelaide. People say taperoo and go eughh.  As for future growth. If your property is located on the western side of the…[Read more]

 profit – I would be going for the cheapest properties you can find within your area that you think would have a good margin in them.  Don't buy a median value or higher end project if this is your first renovation. Learn your basics on a low value house. Because if you do make errors and overvalue your end sale price or overcapitalize your budget…[Read more]

Terry, What would be your list for structures that provide the greatest to the least amount of asset protection?  

1) Are they currently investing in property themselves and making money ? I know many "knowledgeable" people and they all have a lot of opinions and don't have much involvement in property themselves. Im currently doing my 5th renovation/development in this year to be finished by the end of the year and aiming for 10 renovations/developments for…[Read more]

How much profit are you looking to make from doing a renovation project?
How much equity/cash do you have available to use?
How large is your income/serviceability?
How much time do you have?

As for reading "massive profits in real estate by adding value & renovations" would be a good $30 buy over a 5k real estate course.