Hi Syn,

There are some decent articles in the news section of the website that covers some of this information.

Here’s a specific article to help as well. It sounds like you are after a PPOR but the way we look at the world and property is an important foundation for what we do.

Hope this helps.

Andrew

Hi Webby,

You can find all the details at this link

Andrew

Hi landt64.

The good thing is you know why you’re investing and what you want to achieve. To me that’s the first battle. From there you can really break it down to what the numbers say and how it matches with your aims. That will be your best hope of making a good decision.

One point – projecting capital growth is an ‘interesting’ exercise.

Andrew

Hi Mike,

There’s a couple of things to consider. It is usually helpful if your accountant has their own experience with investment property. And It is also important to educate yourself as much as you can so you are literate enough to follow what is going on. Last thing you want to do is put blind trust in anyone on your team.

As for…[Read more]

Market conditions were different when Steve wrote that book. I know that Steve has released a more recent book ‘0-financial freedom’. I think that would give an up to date reckoning on where he thinks things are at.

I don’t think 25 basis points is going to make a huge difference. Confidence is low across the board when it comes to business and consumers. There may be a bump in activity but it is probably just short term. The small businesses contacts I’m talking with are struggling for every penny atm. GDP growth is trending downwards. Unless there’s a real…[Read more]

Hi walking to run,

I think you’ll find building and subdividing are two separate processes.

When I looked into that for a development they were separate. I did receive advice not to finalise subdivision until I had laid foundations for the buildings to ensure the boundaries were correct for the subdivision (coz people screw that up a lot ……[Read more]

Is it viable to do an extension and add a bedroom to your current PPOR?

Hi TC,

I did a quick forum search and came up with this: https://www.propertyinvesting.com/forum-search/%5C%22Property+Planet%5C%22/

Andrew

Hi Se7en.

If the block is on two titles would it really need to be subdivided? Or are you talking about subdividing one title for two dwellings and keeping the other? Even then you may not have to subdivide. Your approach would depend on your property strategy and building and council regulations/zoning.

It’s a while ago so I have another Malala image I reckon is pretty cool too …
1) I pressed the ‘img’ tab above the ‘reply to’ text area and a pop up box came on screen
2) I copied and pasted the url of the picture into the pop up and pressed OK
3) I typed ‘Malala’ into description box and pressed OK
4) Some writing script automatically came up…[Read more]

Hey safe,

Some of these guys who’ve commented have been around the block a few times and have had to unravel problems that people commonly get themselves into when buying new or otp. Independence of buyers agents is a big one and the property type you’re describing is high risk for this sort of thing. It could mean 40k to the bottom line in any…[Read more]

Look forward to the article Jason.

And welcome to the forum!

I would ask about getting plans through council. Myself, and others I know, follow town planner’s advice, planning schemes etc. to the letter only to be rejected by council then successful in VCAT. It would be nice to avoid VCAT as often as possible!

What you should look for in a…[Read more]

She’s certainly a courageous young girl and one of the best Nobel laureate’s for peace. There was a strong push for her to win it last year too.

Hey Ben,

From what I have gathered in my own case, when looking at CGT exemption, is that you must have lived in a property before you can have any CGT exempt status. And you can only have CGT exemption for one property during any given period. I hope that makes sense. Best to get advice tailored to your situation from an accountant.

Also, did…[Read more]

I think you’ll find it’s the human condition that causes the problems. You don’t have to look far to see regimes that have no religion that are savage and brutal and bring untold suffering to people. Think USSR, Mao, Pol Pot. Their brutality was horrendous and the death toll between them was near enough to 100 million people.

A 10% margin seems very tight. How are you calculating that? Wouldn’t take much for it to go wrong.

Hi Grenfell,

I organised an ITIN for myself a couple of years ago now but I can’t remember how I answered that question. It might be worth checking the tax website to see what they need.

One word of warning though, make sure every single detail/entry is perfect because the form will be automatically rejected if there is an error and you’ll be…[Read more]

I always had an interest in property but not a lot of confidence and I found that was the most important thing. Stories of the many people who had done it already both here on the forums and in property magazines was really important for that.

I think Steve was influential in turning my mind out of a strong negative gearing approach. On…[Read more]

I used creatine monohydrate when playing Aussie Rules. I took it with glucose powder to help it absorb (I think it just needed any carb). It didn’t agree with my stomach after using it for a couple of months so I only used it at the start of the pre-season and then again at the middle/end of the season when things had settled down for a while. I…[Read more]