.

Cameron, that question is so broad. what is the goal>??

Hey mate,

Look I could give you lots of useless/usefull advice, firslty what is the end goal? is it financial freedom as soon as possible?

If so, then you should be structuring your property movements to match that.

this would mean either renovate then revaluate your PPOR or look at 1 postively geared place or 2.
for e.g. I just bought a…[Read more]

Simple thing I do,

Ok firstly I only want positive cash flow IPs

So I work out the Rental return vs the expenses (loan, bc, rates, etc)

also your going to have to really study what your looking for, also finding things on alternative listing sites such as gumtree, cold calling real estate firms, other sites, cold calling etc.

then hustle, put…[Read more]

Terry This needs to be a proper post on this website, this is so so so useful and informative.

I dont know if a post had been put up prior about this, but I would love to see this as a actual post on this page.

Such a great peice of information

Jay,

that may be the best option what you just stated above, or it may have a lot of sense to hold onto it and use the equity to build a larger portfolio than selling and buying.

Remember there is fees (as noted above) every time you buy and sell, and if you gain profit generally the government wants a cut.

I think there is a lot of mixed/different information, I hope below is a fair and respectful overview

-was the property purchase a good idea-ANSWER; depends on what the goal was. but if you get a deal on the purchase price (below value) and also have a high rental yeild in a possible growth area, your ahead of the curb

-should I sell or keep or…[Read more]

please correct me if im wrong, but

your forcing the current owned IP to go up in value (purchase by a trust/etc and a bank will approve the loan providing you have 20% to reput into that trust loan, even if the trust strcture has no income? or how does that work)
is there any document or courses that provide this information? this is right down…[Read more]

Corey I am intrigued by your idea, but can you actually break down how this is financially and strategically smart?

you do not “need” a trust to pay down the PPOR

also the new purchase is PPOR so stamp duty wont be IP amounts either way?

So because of trust taxation law your stating their are more options for the trust operations stacked…[Read more]

Good Points benny, very diplomatic and level headed.

I agree, you have good points that yeild value!
and I feel I understand and see value in what I stated.

Thank you.

haha we do think alike a lot, just this specific circumstance I meant there are a few situations were you are right, but in my opinion I prefer not selling. (but maybe what I think dosnt fit New2invest strategy.

Benny I respect we have different views, that property is returning 8%, its positively geared, that beats tax incentives! its better to…[Read more]

mate this is really simple and If what you stated is true, which I find hard to belive $900 per week return on a 600k property>???

I would advise, keep it!!! its the financial best move,

1. restructure the loan on the current place to 20% so you can move all the equity into PPOR
2. have it sitting in offset/redraw till then on current place
3.…[Read more]

Karen if you want I can do a full breakdown and scope for you, for a really resonable fee!

or just give you a free 5 minute overview if you give me the address.

Ok so I will keep you posted if you like on this

Cohuna, Vic

42 william street

Purchase price; $121,000 3b1b (house on 700m2 block)

tenant on 2 year lease at; $230 a week

going through settlement at the moment,

Looking at $45-105 dollars aftere expenses based on a few things.

Should be able to put 15-30 grand into it and have it reappraised…[Read more]

Ethan made some good points to add on Jason.

Pros
you do it correct once, you can save and save again

Cons
Savy buyers can change the contract without you realising (adding/changing/etc)
time consuming and really you need to know a fair bit to do this safely
you need to have a Solicitor who is happy for this (most will be)

Mate if your willing…[Read more]

No idea what your talking about?

tax for what? ATO TAX????? do you mean capital gains tax when you sell the property and make a profit>

Rebecca this falls under your local town planning (Council)

Just simply call your local town planning office, arrange to sit down and they will provide every bit of detail for you (may ve vague but at least it will give you a good idea)

I would assume (every council is different) that there would likely be a way to get that through

Hey mate Address?