basically if you are getting a new place the only upgrades should be to fix cosmetic issues, as the house will be new.. it is hard to add value.
Landscape is visual and can increase value if done right…. but make sure you design it for your target market. will they want space? or a garden? etc.

double glazed is something that people notice…[Read more]

picked up by the mag? they read here? or you contacted them?

I am in the process of getting started.
I am about to start a career in construction management/project management at the age of 25. just finishing up uni. studied quite a few courses over the last 8 years.

i am setting up a trust with my business partner soon, and going to be…[Read more]

also otp allows for greater depreciation and some places have better stamp duty for otp.

depends if you plan on selling or holding it, selling obviously the long construction time allowing the market to increase before you buy at the old prices. and holding is the depreciation etc.

research trusts and talk to accountants are the first steps.

benefits are being able to allocate profits to minimise tax, and a bit of added security.

downfalls are losses cant be moved out from the trust and some lenders dont do trusts, (but plenty do)

there are others but really depends on your situation. is this for investment or to live in?

cash flow negative? there are plenty here in adelaide. in lots of areas. did you mean positive?

yeah i have heard lots of good things… i just hate pages where they talk about how good it is without mentioning a price unless you contact them. but i have met lots of results people, and they all said good things.

basically even though the situation has changed….. it really hasn’t.

you crunch the new numbers, and if you are in a better position by taking the development then do that, if you believe you can make more by selling your property or doing the development yourself then do that.

But it sounds like you have a good understanding on equity, and…[Read more]

I’m 25 and think of investing and business as my job.
I love the game feel of it, and plan to do it as long as i can.

Yes i want to be financially independent, but to me that means being able to sell a few of my business’ or investments to pay down the debts and hire someone to manage the “business” for me. BUT that doesn’t mean i will.

To me…[Read more]

yeah answers to most of these are out there, but ill give a few quick answers.

the CF+ houses that are CF+ as is without any extra dealing required are often in the outer suburbs because they are cheaper out there, and cheaper means less mortgage repayments.

CF+ and Capital Gains are a bit separate in that Capital Gains happen due to demand in…[Read more]

if you do find a solution i would be curious to know the details on what you did.

I never read 0-130 but i read 1mill in 1 year. and now reading 0-260. 1mil is more introduction and inspiration, and the 0-260 is actually quite informative.

It took a while to get into it, but once they start breaking down numbers and how to find proper properties etc it gets quite good.
So i can recommend 0-260 and if you want more…[Read more]

basically if you had some spare money and wanted to buy it outright it would be an alright deal, if its tax deductible then thats another option but not sure if it is or not,

so 150k profit plus how ever much the property goes up in value over the next 20-40 years.

BUT its a long term investment unless they are sick or something already….…[Read more]

Hey Jess, you already added mine, but i guess i should post it on this page anyway. just so we can get everyones together!

http://illuminati-myroadtoriches.blogspot.com/

97% at 6.6 with no fees…. that sounds pretty good to me as it is… but maybe i’m not fussy.

glad its a good deal for you, let us know how it goes over time.

Just to clarify on this situation, if the deed is written so it lists Daughter of beneficiary xxxx or something like that, with no names, then lenders will not request all beneficiaries to sign the deed of trust?

Also will this stop them requesting non named beneficiaries to give personal guarantees?

just thought i would bump this up while more people were online

For the place i am currently staying in, we have a water allowance, and are only charged on the excess over that amount. so thats another way of doing it too. but i am in SA.

good development books should have a section on subdivision. but i don’t know any specific subdivision books.

When it came to learning about titles, i just googled… and make sure your pages are from australia.
But people have probably asked questions about specific titles on forums, so can maybe do searches on those too.

Sorry cant help more.

equity is basically the money that would be yours if you sold the property.
So if you had a deposit of 100,000 and purchased the place for 300,000 with a 200,000 loan and it went up in value to 400,000.
then your deposit
100,000 plus the increase in value 100,000 is your equity.

or you can say the value of the house 400,000 minus your mortgage…[Read more]