jessylou78 wrote:
I'm looking at some inner-city apartments which (so it seems) have a guaranteed return and no outgoings as the tenant pays it all.  These apartments are leased to Hotels.  This whole scenario seems too good to be true so I'm assuming it is – what's the catch?Does anyone out there have investments of this type?

 What you're re…[Read more]

Because the loan was intended for an investment property then I would say yes it should be deductible.

L.A Aussie wrote:
If they've closed up shop there's probably not much you can do.They have probably declared bankruptcy for that company.Lesson learned; don't go for rental guarantees; they are usually built into the price of the property when YOU buy it, and it is usually above market rent, so when it runs out in 2 years, you are left with a…[Read more]

Jon Chown wrote:
1. Don't buy 3 bedroom units for investment

Did you know the higher the number of bedrooms the better the capital growth? Mainly because of the scarcity factor. There are heaps of 1 and 2 bedroom units on the market but not many 3 bedrooms. The rental return is abit less than 1 or 2 bedroom apartments but better capital…[Read more]

cadan wrote:
With the amount of activity going on in docklands, there will be an oversupply of stock there for quite a while still. I had a friend who just sold his docklands apartment and made a capital loss of 80k after holding it for 4 years (an off the plan special where he thought he was getting it cheap), and not to mention his interest…[Read more]

Qlds007 wrote:
And dont tell me Masih you just happen to be sellin g some of these over priced penthouses as part of your current stock.

Unfortunately we havent got any penthouses from my knowlege.  Would be alot of commission though.

1 – Add all incomes2 – Add all tax deductible costsIncome – costs – depreciation (if any) = New IncomeNew Income x Tax Rate = New Tax Payable

Quote:
As the title suggests, what would be a realistic IP value I should target? ie. 500K 750k. I am trying to minimise tax, as at the moment, payiong tax on 120k is not pretty, and would like to negative gear using my equity in my home. I am 33 and so looking to a long term plan, not just a quick term solution ie. margin loan for a quick fix.…[Read more]

You're one dodgy person but what you just said sounds pretty good. You sure the PO Box thingi works?

Crommie wrote:
I have signed up for the free course in melbourne on the 22nd-24th of febHas anyone been to this course beforeAny advice?Thanks

Free NLP? Who's running it? I know Tad James will cost you a fortune. 3000 or 4000. There is also run by George Faddoul. Forgot his company. They charge $300.It sounds interesting. Might give it a try.

WHAT??? You sure are getting ripped off. My solicitor charges $880 inclusive of GST. That was back in March. Not sure how much she charges now. She's in burwood though. If you want I can give you her details.

Astrawan wrote:
Great advice there Paul – certainly help to expand my blinkered vision of investments.. btw, any advice on commercial property thrown into the mix here anyone?<br /:-)” title=”>:-)” class=”bbcode_smiley” />Astra

Only if you can handle the risks involved. Commercial property is very much dependant on the economic and business…[Read more]

DraconisV wrote:

Masih wrote:
5 – Remember Law of 14. If the capital growth is 10% then rent will be 4%. If rent is 10% then capital growth will be 4%.

Where did you get this law from?? I've never heard of it before, have you got any info on it, it sounds good as I have been assuming in my calculations of capital growth 5.5% and rent…[Read more]

I reckon Semerda and Jackie work for them. I've seen quite a few companies use this "what you guys think of this company or deal, etc" tactic to get you interested in their product. I'm not surprised they both have one post each.

RVP wrote:
One question i have is about city apartments for example buying a hotel apartment and then leasing it straight back to the hotel. Now what i dont understand is why these apartments would be for sale in the first place does the owner of the hotel chain know something i dont??

The reason they do that is by selling the apartments, they…[Read more]

1 – Buy Quality NOT Quantity. 2 – If you wanna create wealth then go for High Capital Growth properties.3 – If you wanna be able to replace your income then go for Positive Cashflow properties.4 – Stay away from Defence Housing5 – Remember Law of 14. If the capital growth is 10% then rent will be 4%. If rent is 10% then capital growth will be 4%.6…[Read more]

Cheers Foundation. Sounds interesting.  I'll look into it soon

DraconisV wrote:
Yea Masih, I have heard of these deposit bonds, where you pay a small amount and they pay the deposit then, later you pay the lot. But I have heard something about getting approval for these bonds, like you need to have a certain income(3 times the bond or something???)Um, I have heard alot of bad publicity aimed at off-the-plan…[Read more]

foundation wrote:
Oops, I meant to say – house prices are driven by the willingness and ability of people to borrow enough money to pay the price. Rents are driven by wages alone. You can't get a mortgage for rental payments.Cheers, F. [cowboy2]

Those who arent willing and dont have the ability to borrow then they have to rent. Everyone want to…[Read more]

All those people who you've been talking to, telling you risks are too high; are they investors themselves? Do they have experience working in the property industry? If they do then maybe they are right. Otherwise everyone like to give free advise.