Jaxon replied to the topic 23 yr old graduate need advices on personal finance in the forum Finance 7 years, 3 months ago
Study the Nathan Birch model,
one of the best examples I have ever seen.
the model is simple (in theory)
1. buy under market value
2. make sure the ROI and rental return are over 8%
3. for the first property make sure there is the ability to value add to build equity to purchase more properties (e.g. add rooms, reno, etc)
4. go to bank to…[Read more]Jaxon replied to the topic Townhouse built over Sewer Main, should we still buy it? in the forum Help Needed! 7 years, 3 months ago
Another question I would want to know, can I get insurance that will cover me in a worst case scenario of this going worst case.
also can I use this to alter the price in my favour. even if a contract is in place you can use this to your advantage and maybe lower the price to reflect the cost this will/could cause.
Jaxon replied to the topic My friends and their properties at Rowville in the forum Help Needed! 7 years, 3 months ago
there will be more boats.
the moral of the story is buy a problem sell a solution
Jaxon replied to the topic Trouble doing comparative market analysis in the forum General Property 7 years, 3 months ago
This is not how you compare properties value. to compare has less to do with the air con and more to do with land size and the build style, the perceived value etc
Jaxon replied to the topic How to find "Fire Sales" for bargain prices in the forum Help Needed! 7 years, 3 months ago
Around Australia, do researchs with bank / repossesion etc
call agencies and leave your info etc. chase up owners selling before the bank doesJaxon replied to the topic How popular are second dwellings? in the forum Help Needed! 7 years, 3 months ago
Jason hit so many nails on the head, I hope you see the value in his comments,
I would also like to address why your asking this question and how I would act in any market condition etc.
what is going to get me the most return (ROI)?
what is going to get me hopefully the largest captial growth possible?so if I have a block and I am deciding do…[Read more]
Jaxon replied to the topic 250K Cash — Investment options in the forum Help Needed! 7 years, 3 months ago
Sorry to be confusing, I went and relooked at the legislation and thought there may be a legal loop hole but turns out in your case it would be illegal. Sorry and hope I didnt cause any confusion, In certain cases each person can get it, for e.g. if you were not living in the same dwelling/legally married in this country.
Thank you Corey for the…[Read more]
Jaxon replied to the topic Morayfield worth investing in? in the forum General Property 7 years, 4 months ago
feel free to txt or call 0431376130.
free tomrrow afternoon-friday so just txt first and we can chat and cover in 10 mins what would take a long long time typingIt is so much easier over phone hahahaha
Jaxon replied to the topic Morayfield worth investing in? in the forum General Property 7 years, 4 months ago
900sqm, researched literally all of australia, studied suburbs when I found properties that stood out, I looked at the SQM area reports, I spoke with the agents and got info, I research every aspect of the property prior to purchase, recent sales etc, I found it for sale by owner on gumtree.
mate the property I bought is in vic, the address is 42…[Read more]
Jaxon replied to the topic Morayfield worth investing in? in the forum General Property 7 years, 4 months ago
900sqm, researched literally all of australia, studied suburbs when I found properties that stood out, I looked at the SQM area reports, I spoke with the agents and got info, I research every aspect of the property prior to purchase, recent sales etc, I found it for sale by owner on gumtree.
mate the property I bought is in vic, the address is 42…[Read more]
Jaxon replied to the topic Morayfield worth investing in? in the forum General Property 7 years, 4 months ago
Ok so Its fine, but do you want fine or a great deal?
for instance I have a deal that settles tomrrow that makes me around the same return ($2500-35000PA) after exepnses per year, the difference is I bought it for $121,000, that means less risk, less loan repayments etc. so once again do you want fine or a great deal?
mate you can get really…[Read more]
Jaxon replied to the topic 250K Cash — Investment options in the forum Help Needed! 7 years, 4 months ago
Valluvan, If its only in your name you get the FHOG/NO STAMP
your wifes name for second PPOR then same applies if she has never owned the first PPOR.Kind regards
Jaxon Avery
Jaxon replied to the topic How popular are second dwellings? in the forum Help Needed! 7 years, 4 months ago
1. mate do you mean a duplex? either way, it comes down to price for the tenant and what you offer against whats out there and their options, do a SQM report on the suburb first
2. clearly work out what your talking about, do you mean granny flat? subdivision, duplex etc????
also if you can build more it adds value and usually makes you money.…[Read more]
Jaxon replied to the topic Morayfield worth investing in? in the forum General Property 7 years, 4 months ago
population growth will be liekly large in that area over the next 10 years, sunshine coast has a stack of money, the gold coast has more getting pumped into it.
more importantly, buy undervalued with a 7-15% ROI, and positibe cash flow.
brisbane prices are likely to rise after this apartment overload that just happened. (providing not to many…[Read more]
Jaxon replied to the topic Is this a good learning plan? in the forum General Property 7 years, 4 months ago
Ok I am lost with how your proving him wrong haha. or lying.
The video post are bothh in 2014, also he could have been reputting earns back into his portfolio (most likely) to build equity. this dosnt seem fishy at all to me, as its part of a good stratergy (sometimes) 50 cent the rappers, earnt nothing on paper when he was going through a…[Read more]
Jaxon replied to the topic Is this a good learning plan? in the forum General Property 7 years, 4 months ago
how did he contradict himself? can I see links? I am curious now.
Well, I would say unless you are already well ahead of the ballpark in various aspects 5 years is a strech in most circumstances, but maybe your rolling in cash, good job, low yearly expenses.
would never say it cant happen. but I would just say be open that it may not ban out…[Read more]
Jaxon replied to the topic Thankyou Steve Mcknight ! in the forum General Property 7 years, 4 months ago
WestnBlue, Great work mate, really awesome
I feel myself and many others would be helped by you really breaking down
-what properties you started with and the criteria
-How you searched and found them, how many agents/etc you spoke with etc
-What due Dilligence you personally did, etc
-anything else that may help and shape and inform and…[Read more]
Jaxon replied to the topic Where do I start? in the forum Commercial Property 7 years, 4 months ago
Benny and Cameron I got a property going through settlement atm that is a 10.3% return. (Regular IP)
also I only had to put $25k into it including expenses. also this isnt a seminar trying to sell you anything this is me who is doing this in their own life.
you want to have 40% put downs for commerical, dont start out in commercial unless your…[Read more]
Jaxon replied to the topic Help! in the forum Help Needed! 7 years, 4 months ago
haha, where can you find the best burger joint?
Just contact companies for quotes, speak to them on the phone, go with who treats and explains how you want.
Jaxon replied to the topic Is this a good learning plan? in the forum General Property 7 years, 4 months ago
Investor if you do half of what you stated above you will be highly informed in 6 months mate.
a book a day, I would love to hear if you do this.So I think ontop of all this, study Nathan Birch, he is one of the best models of how to get ahead through real estate I have ever seen. his Model outshines anyone who will comment on hear, now in…[Read more]
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