Questions:
What is the yield for each? (the unit should be higher than the house)
What is the vacancy rate in the area? (houses & units)
What is the capital growth rate for houses and for units likely to be over the nest 3, 5, 10 years?
How old are they?
How depreciation are you likely to be able to claim?

My hunch is three one bedroom units are…[Read more]

Terryw wrote:

Never go directly in my opinion. You need advice on structuring the loan and there are a few tax strategies you could employ with that deposit money too – have your cake and eat it type.

+1 very well said in just two lines.

"You need advice on structuring the loan and there are a few tax strategies…." don't be afraid to…[Read more]

Hi Kurtuk,

I agree that north of the Brisbane CBD is the area, but not too far if you are looking at units.

OLD vs. NEW?

This is a decision each investor needs to consider based on their own tolerance for risk and how they see the upside.

Overview:
Owning investment property is a business, and at the end of the day it needs to make a profit…[Read more]

tigermiger wrote:
 Sell the ppr brought with ex-fiancé ….. and should I be buying an ip and rent instead 

Bingo! Tiger,

Renting where you want to live and investing where the market is moving can give you the best of both worlds. We call them professional renters for good reason.

We have a client CJ (who won't mind saying this): 28yo, self…[Read more]

For the best results, I suggest, stay north of the CBD.

Why are you looking to buy there?
What is your plan for the property?
PPoR or an Investment? 
New or Old?
Do you have an overall investment strategy? 

+1
They are sure moving in the wrong direction on this one.

I agree with the above comments: Comparing off-the-plan apartments (on differing sites or with differing developers) is a very, very difficult task to carry out from scratch. 

As an example of two buildings on the market now: 
The same developer- two projects, 1200 meters apart, between the two there is a per-square-meter cost price difference of…[Read more]

Off the plan has it's risks, all be it small. Buying from the right developer, buying at the right time in the market cycle for that area are both key. We have a rule that if a developer is discounting on the sale price then we stay away. As soon as the sale prices are dropped or discounted for some buyers, the valuations at settlement a put under…[Read more]

Dave Ward wrote:
Hi Paul,

Like everything in life, its pretty easy when you know how it works. I am an excel master. You can PM me and send the sheet to me and I will fix it for you. 

Dave is just being modest when he says he is a excel master. The real term is Excel Grand Master, we have excel sheets with single formulas Dave has built…[Read more]

Freckle wrote:
He definitely needs expert advice on how to structure this for the least taxes payable all round, CGT, Stamp duty etc.

There is an excellent estate planning lawyer in Bowral, not far from Tahmoor. http://www.bertolloadvisory.com/about-us. As well as being an estate planning specialist, Denis Bertollo has financial planning…[Read more]

Qlds007 wrote:
KSJA based on the fact that you have no non deductible debt and based on the fact you don't need the potential interest to support your living expenses i think it is a good place to park the cash for the time being.

Cheers

Yours in Finance

I will +1 to Richard on that.

Good service far out weighs the location.  Over the life of the relationship you will visit them once or twice, but mail them a 100 times. 

To have the greatest chance at success in property investing, you need to buy the right 1st property. A lack of a Strategic Plan causes 74% of investors to stop at one and 93% of investors to stop at two*.         * according to the ATO

A Buyer's Agent can help you buy the property, and a Property Investment Advisor will create a plan as…[Read more]

Richard, You are completely correct. +1 

We provide clients with a Statement of Advice from a licensed financial planner when they need such advice, the same applies for Estate Planning where we have an excellent specialist estate planning lawyer who also has financial planning qualifications. PM me if you would like his details.

We are licensed…[Read more]

Depending on the age of your building, you may find that you could be in breach of the Strata-by-laws or the council issued building approval. In most cases you are required to have and maintain a 50db noise separation between units. A lot of developers used to use carpet/soft floor coverings as part of the this 50db requirement. It is something I…[Read more]

Buying an IP 1st & PPoR 2nd OR PPoR 1st & IP 2nd that is the question, the answer is over a $1,000,000 difference in your wealth.  

Renting where you want to live and investing where the market is moving can give you the best of both worlds. They called professional renters for a good reason. We have watched the results of doing the right way…[Read more]

Buying an IP 1st & PPoR 2nd OR PPoR 1st & IP 2nd that is the question, the answer is over a $1,000,000 difference in your wealth.  

Renting where you want to live and investing where the market is moving can give you the best of both worlds. They called professional renters for a good reason. We have watched the results of doing the right way…[Read more]

OLD vs. NEW? This a decision each investor needs to consider based on their own tolerance for risk and how they see the upside.

Overview:
Owning investment property is a business, and at the end of the day it needs to make a profit for its owner. Like running a business, the owner needs to balance managing risk vs. creating wealth. The risks with…[Read more]

Michael Bladen, Oxley Partners, Bong Bong Street, Bowral. 02 4861 6914. 

We do a lot of work for Michael's clients and send our clients to Michael. The feedback we get is always good. 

Here is a link to the Tax Checklist we give out to clients, just help them to double check they are not missing anything.