1. What debt/equity level do forum members feel comfortable with?

Feel comfortable with is 0% debt haha, but I stay around 60/40ish I think more importantly is being prepared in a bad outcome, the ratio dosnt affect me as much as how to survive in a crash or area issue or etc, understanding how I would navigate through such.

2. What interest…[Read more]

I do not, So this requires a bit of trust with local Property managers, but remember if your giving them work and paying them, then this works out great as they want a easy to manage property.

make sure the local agents/manager go do a pre rental inspection and check every aspect of what would be required for it to be rented, as well as a list of…[Read more]

D there are good seminars, I am not knocking that.

But many people do everything they talk about in them without spending a cent.

I would rather be that person.

If you want to have a chat and I can answer some questions as to “how to make money and retire in property” More than happy to chat 0431376130

Kind regards

Jaxon Avery

Good question,

so easy answer is;

I care about these numbers;
-ROI (I wouldnt do another deal under 7% I cant imagine)
-ROI of deposit verse positive cash flow, in my opinion this is the real ROI, so for e.g. the above deal was $29,000 for $3700 thats 12.75%, and also I dont add any tax or any other gains, just input verse output cash on first…[Read more]

Mate all you just said is fair, I prefer to look at my choices stacked against best case outcomes. for e.g.
If I did a deal that made 100k over 6 months,
but In recollection I could of made 150k over that time in same area, I would like to know I made a good choice but it could of been better. not to regret just to learn.

Is this a bad deal, no…[Read more]

Simon,

so the contract is king! also there are legal ways to end leases early, although I am not suggesting anything at all and you can read them on QLD.gov.
https://www.rta.qld.gov.au/Renting/Ending-a-tenancy

So there are generally clauses in a QLD rental agreement and on top of that landlord insurance would of covered the owners if they put…[Read more]

Ok, So I am an agent and investor as well as Financial Planner.

Generally you want to pay for Buying agents but its common practise (depends where though) for agents to split coms on deals.

so listing agent gets 60/40
buying agent 40/60

Novo, if I was you I would keep a steady eye on every aspect, its your money and you should be in the loop…[Read more]

Tom I hope I am the middle voice because you really need to hear what Corey said (In my opinion) then once you understand everything he said and all the risk and points, its your choice to make.

-There is very little captial growth in these styles of properties (but for 86k with a 220 rental return and a positive cash flow, does this matter…[Read more]

either way the world is backed by the US dollar, if you look at the top end of USA housing, its not been more profitable.

many people make insane cash on US real estate, find deals that are under valued, cash flow + and good growth areas and you just midigated a lot of risk.

Id like to say the people who win are the ones who hold seminars and most people who succeed are not the ones in the crowds.

Steven I think what you said is really a great view and shows how self reflective and honest you are, espically to yourself. Its good you want “balance”, that is so great to hear, I am the same in a lot of ways (even though everyones balance is different). I admire people who do far better than me, but I don’t choose the same sacrifies they do,…[Read more]

So I had time and wanted to show you an actual E.g. based on whats on the market and why I have value over that deal

https://www.realestate.com.au/property-house-qld-redbank+plains-125216290
Get this for 250k, rents for 325 a week

https://www.realestate.com.au/property-house-vic-drouin-125842170
get this for 270k, rents for $320+ a week

thats…[Read more]

Corey Really like the information but for me you just touched on one aspect of the title,

I would love to hear if you were starting today how would you reach say 100k in income within the shortest time frame?

Including average wage, etc.

Think it would be useful to lots as well.

Kind regards

Jaxon Avery

Mate I would have my own advice and offers, but if you where happy to pay 1 or 2% on 500k, its only $10,000k through Binvest and fairly sure they have a really high level of success and help their clients get multiple properties in short time, all under market value and think all with positive or netural cash flow.

But in regards to having a chat…[Read more]

So (A) was all I was refering to. there are exceptions to every rule mate, but generally New homes do not bear the same value, its just that simple.

In regards to your above propsal I would ponder this, for 610k you could massively diversify with even a greater return

-(200-250k) Rent 250-320 western brisbane (like Benny just said its such a big…[Read more]

Well if it dosnt make sense for your specific situation clearly don’t go ahead.

Kind regards

Jaxon Avery

Mate I just found out my buddy who has a company in brisbane has 2% home loans for large IP debt, its not a straight forward 2% but depending on your structure and IP debt it can work out incredibly favourable.

Jonathan McCullough
FINANCIAL PLANNING DIRECTOR
Adv. Dip FS (FP) | Financial Services Guide
M 0403 681 543
P (07) 3608 7202
E…[Read more]

Mate I just found out my buddy who has a company in brisbane has 2% home loans for large IP debt, its not a straight forward 2% but depending on your structure and IP debt it can work out incredibly favourable.

onathan McCullough
FINANCIAL PLANNING DIRECTOR
Adv. Dip FS (FP) | Financial Services Guide
M 0403 681 543
P (07) 3608 7202
E…[Read more]

Steven I think your focusing on a semi truth and Benny correct me if I am wrong but,

Gold is found in dirt, not in the town window.

What I mean is, there is gold in the town window shop but the money is made in the mine and dirt.

The upscale for profit is in turning a problem into a solution.

now, you will not! and I would love to see evidence…[Read more]

Steven I think your focusing on a semi truth and Benny correct me if I am wrong but,

Gold is found in dirt, not in the town window.

What I mean is, there is gold in the town window shop but the money is made in the mine and dirt.

The upscale for profit is in turning a problem into a solution.

you will not! and I would love to see evidence…[Read more]