I believe that Brisbane will just to move solidly in 2013 and although secondary markets will follow I would recommend that you consider selling the property and buying something in a more solid capital growth area. Stick to 10 but preferably 5km from the Brisbane CBD

Clearly first you should consult with agents as to how much our current…[Read more]

Frankly you can buy commercial property through commercial bank lenders and not pay 9% but around 5% or less. The problem with hard money loans at 9% plus no doubt fees what does that leave you for net cash flow the answer I am sure is not much

Having kids is a great thing and will change your life for the better

The only comment I would add would be is your investment property in a strong growth area. Just keeping a property because you can should not be the only reason

I think again it is easy to generalize. There are some state still falling some remaining flat and others that are going up. 
I will put up a post comparing two states Florida and Texas

My view is first How close are you to the Water?

However do not be afraid to get rid of a non performing asset. You have to look at the opportunity cost, in other words if you can get rid of one property and then buy a property in inner city Brisbane that could provide far more growth over the next 10 years

Firstly Melbourne is a big city so depending on where it is may determine what strategy you use.

Then you can see what is currently selling in your area. You will know price point and size.

Without knowing the location it makes it hard to offer the advise

That why were you buy is so important.

In my view it means you need to do a lot of due diligence. The first thing is to research what has been the average growth over the late 10 years. 

What is the infrastructure like, is it near shops and public transport. 

These things are important. We are building a 17 unit apartment building in Melbourne…[Read more]

I think that in Brisbane it has been flat for a long time due to a lack of confidence. With a new government taking action and changing some of the planning laws I think we will see a boom in Brisbane over the next few years.

Even if I am right about the market being undervalued by 10% if it jumps by only that amount in the next 2 years still…[Read more]

You are both young and on good incomes. The problem with defense housing is that it is often is secondary areas and has been mentioned has high property management fees.

What you need to do is buy quality property that will provide you with capital growth. It should not be the number of properties you buy but rather the quality of what you…[Read more]

I would agree I think that the markets will improve across Australia however I can see big improvements in Brisbane. I have felt that the market is 10% under where it should be. The market is lower in Brisbane has had more to do with confidence than anything else. So as confidence improves we see demand increasing. Thats why I like inner city Brisbane

You should speak to Jacm  this is what she does you will not get better advice

What crap

First the article is 12 months old. In that time no massive falls. What a lot of these so called experts forget is that the Australian property market is mainly driven by owner occupiers not investors. In other words you have people living in a 1 million dollar suburb who buy and sell in the same suburb or the one next to it so they are…[Read more]

Whether a lease ends or not you still have to provide a 30 day letter to vacate. If a lease ends then it automatically goes on a month to month basis. 

Are you managing this yourself or going through an agent?

Frankly if you are going through a agent change them

If you are managing the property yourself I suggest you either get an agent or make…[Read more]

The Freckle

I do not agree with you. I believe most of the evidence shows that most markets across Australia have now bottomed. The great thing about being an investor is that you are not tied into any local market. As an example I believe that the Brisbane market is currently undervalued and there are still great opportunities for capital…[Read more]

I have no problem with one bedroom units however I have mainly brought two bedroom units because even people who are divorced often need another room for children. However given the cost of rents single people do not want to pay extra for two bedrooms.

If you are going to buy a one bedroom make sure it is at least 50 square meters in size and…[Read more]

It was removed by Keating in 1984. 
Keating thought it was a benefit for the rich. The end result was that the property investment market collapsed rents went through the roof and the government were forced to bring back negative gearing. However to save face the worlds greatest treasure introduced capital gains tax.

It is interesting to note…[Read more]

Well Jack 

Now we know who can supply supper at our meetings lol

Personally what you should be considering is high growth properties. However negative gearing is a benefit however the deal needs to stand on its own.

The way to look at capital growth is like this. If you invest $400,000 and are intending to keep for 20 years then look at one at 5% and the other a 10% capital growth. The difference over 20 years…[Read more]

my question is what is it. All you say is that it is a one bedroom apartment and it sounds cheap

So

Where is it?
What type of property is it?
How large is it?
Does it have car parking?
Is it close to public transport?
Is it close to shops?
How many in the block?
is the return gross or net?
can you get finance and if so what
percentage?
You can…[Read more]

I suggest you have a chat with Richard Taylor who is 007 on this forum. He has had a lot of experience with English property and is in England right now.

If not he will be back at the end of the month