Well when I research an area I go to as many opes as I can and go to Auctions

I also tract how long properties are on the market for. The longer they are on the market the more they are open to offers. So I do not put a time limit on things. I could learn a market fare quicker than someone starting. However it also depends on why you are buying.…[Read more]

The answer is that there is often a withholding tax when selling a property in the United States. Make sure you deal with an American accountant that understands the Australian tax system. I have someone I can refer you to.

If you are buying a house its very hard to get a loan from a normal bank. In most cases you will be dealing with hard money…[Read more]

The main problem with crowdfunding is that in many cases there is little security attached to the loans. If you are thinking of entering into such an agreement I suggest you seek legal advice to make sure your interests are protected.

One way to do this is yes put a group together to purchase but make sure that you are part of the ownership…[Read more]

I agree with Richard. At the moment certainly in Melbourne, Sydney and Brisbane the banks are valuing apartments in a fireside sale in other words what is the least amount the banks have to finance to protect there own position. A position to a large extent the banks have created. However when you consider the new stamp duty changes in Victoria…[Read more]

Since there is no election due for two years how do you think these policies can come into effect by the 17 July 2017.

John

When you purchased the property did you have and or nominees in the contract? If you did it makes it easy. However it is important to seek legal advice to make sure you get this right

John

When you purchased the property did you have and or nominees in the contract? If you did it makes it easy. Hoever it is important to seek legal advice to make sure you get this right

HI Steven

The banks in Australia are being difficult and in my view short sited. What I suggest is talk to an investment mortgage broker who can assist you. I know a couple of very good brokers who specialise in high level finance. message me and happy to pass on the details.

Stan

I agree with Richard 100% and no chance in Melbourne either. However you may not find that after tax your costs are great. The other thing to consider if you go to an area that does offer you a higher return you also need to research the capital growth in that area.

Elena

Not sure what they do now however Metropole has a property management division and when they buy they insist that they manage the property. Now on the surface that sounds good however if the property is off an agents rent role then the agent would prefer to sell the property to someone who will leave the property on their rent roll. Perhaps…[Read more]

Not only that but if you live in a house I think its 24 months out of 5 years then capital gains tax is exempt.

If the government really want to help first home buyers why not allow them to claim a tax break on there interests payments. Unlike a large first home buyers grant it would apply to any first acquisition for a period of say 10 years.…[Read more]

United States
The United States isn’t quite so generous in its tax inducements to property investors. Investors can, however, deduct rental losses under certain circumstances. Because rental income is considered passive income, losses on rental properties can only be deducted from other forms of passive income such as gains on stocks, interest o…[Read more]

Well in the United States not only can you negative gear investment properties but you can also do the same for your principal residence. So in the USA negative gearing applies across the board.

If negative gearing did not apply in Australia most people would not buy investment properties. The reason is that in most cities we are losing money on…[Read more]