Jaxon replied to the topic Coomera, Queensland – a good area to buy? in the forum Help Needed! 6 years, 11 months ago
I live GC.
simple answer there are better investments, for e.g. there is rd4 zoning in nerang if you in a position I can source a deal that would kill 99.5% of deals you find in upper coomera
I just missed out
RD5 zoning (up to 23m build)
$399,000 purchase
$800,000 build cost
=1.2+10%
=1.4 to be harsh4×420,000 (2b2b study)
1×650,000 (2b 3b…[Read more]Jaxon replied to the topic Coomera, Queensland – a good area to buy? in the forum Help Needed! 6 years, 11 months ago
I live GC.
simple answer there are better investments, for e.g. there is rd4 zoning in nerang if you in a position I can source a deal that would kill 99.5% of deals you find in upper coomera
I just missed out
RD5 zoning (up to 23m build)
$399,000 purchase
$800,000 build cost
=1.2+10%
=1.4 to be harsh4×420,000 (2b2b study)
1×650,000 (2b 3b…[Read more]Jaxon replied to the topic Duplex Houses in the forum Help Needed! 6 years, 11 months ago
West bris seems fairly good returns, possible capital growth etc. so lots of good things out their.
Jaxon replied to the topic Duplex Houses in the forum Help Needed! 6 years, 11 months ago
Yes. for e.g.
gold coast town planning, you can build an extra 25m2 off the original plan with little application cost and easy tick through, that could turn a 2b1b to a 4b2b and make you easy profit
Jaxon replied to the topic How to find out how long a sold property was advertized for in the forum Help Needed! 6 years, 11 months ago
So this is different for sales to rental to commercial leases etc.
so for e.g. I prefer a hold strategy so i personally care more about rental demand and growth, than current selling times.
just because they are selling quick does not always mean demand will be there in a couple years, the mining boom was a great example of such.
Jaxon replied to the topic Equity release, Offset or Line of Credit? in the forum Finance 6 years, 11 months ago
To jump all this, as its futile IMO.
both
1) equity
2) LOCare fine, the rates and fees and terms of that exact deal matter more than saying one or the other.
but essentially under the right circumstance, they are both better or worse.
so to end I will answer same as Terry.
Solution. Get tax advice from a lawyer or a tax agent.
Jaxon replied to the topic Equity release, Offset or Line of Credit? in the forum Finance 6 years, 11 months ago
dude.
your making such a complex thing.
it can be as simple as one account.
a account that is
-400k balance
with 80k that is accessible.Jaxon replied to the topic Equity release, Offset or Line of Credit? in the forum Finance 6 years, 11 months ago
If you restructure your loan goes up.
so from 400k loan to 480k loan.
I have no idea what your goal or reason or even what your trying to work out.
debt is debt, you still have to pay for it if you use it.
may as well just refinance your property and put equity in offset on that same loan. so your cash is liquid if needed
Jaxon replied to the topic Equity release, Offset or Line of Credit? in the forum Finance 6 years, 11 months ago
Are you talking about equity in a property>?
so the offset only offsets the amount in the offset
e.g.
100k loan, 60k in offset, pay interest on 40k
Jaxon replied to the topic What does it mean for NZ market in the forum Overseas Deals 6 years, 11 months ago
ok, if they stop international invest, yes it will slow
time will tell.
Jaxon replied to the topic Equity vs Cash in the forum Opinionated! 6 years, 11 months ago
Why not
shares- you do not control anything unless your a whale, your along for the ride (unless you know or think you know what your doing)
crypto-currency-So I have studied this in depth, we only need 1 or two, so all the rest are going to crash, Instead of buying them, buy miners and mine and make money off that. far more profitable.
capital…[Read more]Jaxon replied to the topic CAIRNS, QLD property investment group or mentor wanted in the forum Help Needed! 6 years, 11 months ago
Im on gc, happy to give some advice pm your number if you would like to chat
Jaxon replied to the topic 70% Below Market Value? in the forum General Property 6 years, 11 months ago
Ben unrelated, but yeah you’ve pointed out something I have heard a few times.
Surprising still today it seems this can be done.
Jaxon replied to the topic investing in gold coast in the forum Help Needed! 7 years ago
as above I covered this. (its based on the price I get it for)
All returns are based on sales prices (purchase price) and rents for those areas (I try to be as on the point, not conservative and not optimistic(rent wise)
anythings possible, but generally you need to work for amazing returns
Jaxon replied to the topic investing in gold coast in the forum Help Needed! 7 years ago
Ok So I will break down returns and answer your question.
All returns are based on sales prices (purchase price) and rents for those areas (I try to be as on the point, not conservative and not optimistic(rent wise)what is a ROI % or 5% return mean, well its
the return percentage (the banks formula generally, I personally have other ROI formulas…[Read more]Jaxon replied to the topic investing in gold coast in the forum Help Needed! 7 years ago
Rental demand has only grown here since 2000, people love the gold coast and its easy to understand why.
I really feel returns are far better for duplexs and houses, when you look at bc fees.
I can find 7% and over house/duplex returns
west bris I can find 8-9% returns
Kind regards
Jaxon Avery
Jaxon replied to the topic First time Buyer/Investor – Land or House? in the forum Help Needed! 7 years ago
http://www.sro.vic.gov.au/fhogapply
1. you only get the grant for new build (you should get stamp duty waived)
2. Yes very likely unless legislation changes (as long as you legally live there for first 12 months.So this is a big question/answer, it depends on your goals and lifestlye etc.
happy to chat if you would like.
Kind regards
Jaxon Avery
Jaxon replied to the topic Building Over Sewer (QLD) in the forum Help Needed! 7 years ago
Call local planning office and have a chat, they should give you good insight and clear path (even though they can be vague)
Jaxon replied to the topic Has Perth's property market finally bottomed out? in the forum Help Needed! 7 years ago
I Study market Australia wide, if you can buy good solid purchase that cannot be rebuilt for that price, thats a strong point.
if you can get a 7% yeild get started and get your first property!
all the best
Jaxon replied to the topic investing in gold coast in the forum Help Needed! 7 years ago
west bris I mean haha
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