hahaha get a new girlfriend hahah

Hey all,

Love WA & Perth options, I am happy to answer general questions (please note I cannot provide specific advice as I operate a FP practice.

Hey Bel,

you can if you choose to buy/structure that way potentially.

also you could use debt recycling & other strategies to maximize the deductions potentially moving forward.

There are heaps of answers on forums like this to help answer.

Benny’s questions are great & show how detailed this can become to work all aspects out

Wish…[Read more]

Great statements/philosophies of life & deep value in them.

some of the ones that play in my head repeatedly are

“do not pray for an easy life, pray for the strength to endure a difficult one – Bruce Lee”

“He who says he can & he who says he can’t are both usually right”

“be greedy when others are fearful & fearful when others are greedy…[Read more]

Hey mate,

as an example I made over $150k the day I bought

1 Government Road, Labrador

earlier this year.

I bought for $560k & was worth around that 700k at time of purchase, once reno finisehd will rent for $1100 & be worth 850k+

So

“If the focus is on making money at the time of purchase, what’s the point of holding then? I…[Read more]

My thought is with that level of capital, why Sydney?

Is it for capital growth?

how does this fit your financial goals?

Hey Propertyboy,

just purchased a site on Gold Coast that I can do 3 townhouses on now.

happy to have a chat with you mate

Kind regards
Jaxon Avery

Sent you a private message so as not to prompt own company

Kind regards

Jaxon Avery

Hey Steve,

Yeah totally agree mate, its finding that and having the cashflow to facilitate the deal & get it over the line.

So under contract and found a deal that is cashflow positive, under market value & zoned RD6 so maybe 18 bedrooms max.

Its a very tricky lot & something even the town planners states is very tricky so we will…[Read more]

I would say you could have 100% control of a DA/BA scope similar outside of Sydney with a far lower entry point.

Might be worth considering?

Firstly, you should speak with your local town planning department as I presume (could be wrong) it’s currently zoned as residential?
This may be a major issue as you likely cannot lease as commercial if it’s not zoned for it.

Seek professional advice.

Wish you the best!

Disclaimer : this is general and in no way specific advice.

Hey Dominique,
Yes, Advisers setup, you need to ensure this is in your best interest and you are aware of all implications and the actual potential outcome stacked against another strategy.

Wish you all the best!

Sometimes.

Hey Chris,

Mate finding a CF+ property is not hard, and that’s before talking about TAX benefits.

The growth is speculative, however, can be forecasted.

Well I do these things with clients and ask a lot more than the above mate, I would say you need to understand firstly your current financial position and your end financial goals and…[Read more]

Hey Chris,

Mate finding a CF+ property is not hard, and that’s before talking about TAX benefits.

The growth is speculative, however, can be forecasted.

Well I do these things with clients and ask a lot more than the above mate, I would say you need to understand firstly your current financial position and your end financial goals and…[Read more]

Mate this is circumstantial to the purchase price.

If I buy the new property for 500k but the older ones 550k then?

I agree with almost everything you said though.

Good Day SydMan,

well given your situation I wonder what your end goal is? $1000 PW in income? as this would be above what you currently earn and imagine it might sustain you?

if you provide what your goals are then maybe some clarity can be provided on basic info for you.

Wish you all the best!

(This is all General Info)

Grim report……………..

Hopefully things clear up for 2021