Nigel Kibel replied to the topic Whats better better: House or Apartment ? in the forum Opinionated! 12 years, 7 months ago
What it comes done to is capital growth. Many people will say that land is the only thing that goes up. To a point they are right. However many people then buy a house and land package in an outer area of our cities. The problem is that in the last few years the growth in many cases has been negative. Now its true if you could buy a house in an…[Read more]
Nigel Kibel replied to the topic Melbourne hot spots in the forum Help Needed! 12 years, 7 months ago
In a market that is not really moving I think this is a risky strategy in this market. Also there is more money in the upper market rather than the lower market. Frankly there are better products in the market such as our development model where investors pool there money to buy a development project.
To make real money you need to be creative…[Read more]
Nigel Kibel replied to the topic Storage Sheds in the forum Capital growth is based on 12 years, 7 months ago
Capital growth is based on supply and demand. If you have a storage shed it will only sell to an investor or someone who wants storage so the chances of strong capital growth are limited.
It is all about how hard you can make your money grow. I always find it funny that so may investors look at property which often supplies the worst cash flow…[Read more]
Nigel Kibel replied to the topic Storage Sheds in the forum Commercial Property 12 years, 7 months ago
Capital growth is based on supply and demand. If you have a storage shed it will only sell to an investor or someone who wants storage so the chances of strong capital growth are limited.
It is all about how hard you can make your money grow. I always find it funny that so may investors look at property which often supplies the worst cash flow…[Read more]
Nigel Kibel replied to the topic Storage Sheds in the forum Why spend your money on 12 years, 7 months ago
Why spend your money on something that will have zero capital growth and not even great returns.
Whenever you invest it is important that you look at overall returns and also capital growth. Generally Storage sheds will be considered a commercial property which means you either pay cash (not a good use of your money) or you will find you can only…[Read more]Nigel Kibel replied to the topic Storage Sheds in the forum Commercial Property 12 years, 7 months ago
Why spend your money on something that will have zero capital growth and not even great returns.
Whenever you invest it is important that you look at overall returns and also capital growth. Generally Storage sheds will be considered a commercial property which means you either pay cash (not a good use of your money) or you will find you can only…[Read more]Nigel Kibel replied to the topic UK Finance in the forum Overseas Deals 12 years, 7 months ago
Richard has been on this site for a long time. You will not find anyone with more knowledge of offshore Finance than Richard
Nigel Kibel replied to the topic Housing Crisis to End in 2012 as Banks Loosen Credit Standards in the forum Overseas Deals 12 years, 7 months ago
I agree, every time we hear about a product it is either very expensive or false. In some cases people are being sold over inflated property with finance. With the United States it is very important that you do your due diligence very carefully before proceeding further.
Nigel Kibel replied to the topic Housing Crisis to End in 2012 as Banks Loosen Credit Standards in the forum Overseas Deals 12 years, 7 months ago
thats interesting because most banks we re talking to talk about tightening finance to foreign nationals. The other unknown here is Europe. If we get a number of countries defaulting in Europe it will effect the amount of money available worldwide.
Nigel Kibel replied to the topic Investing in new Home & Land Packages Vic in the forum Help Needed! 12 years, 8 months ago
If you look at Sunbury there is nothing but vacant land between there and Ballarat. If you want to throw away your money buy there. Mining areas are much better but will cost a lot more. I would look at inner city Brisbane as well as it is undervalued at present.
Nigel Kibel replied to the topic Great house in upcoming suburb, but very little land – still worth it? in the forum Help Needed! 12 years, 8 months ago
What you have to consider is resale, while the Adelaide market will remain flat for some time to come, what you have to consider is are you keeping it forever. Frankly whenever you invest you should always have an exit strategy. So what you have to consider is this. If you were to sell the property in the future what is your market. If it would be…[Read more]
Nigel Kibel replied to the topic Buyers Agent? in the forum Help Needed! 12 years, 8 months ago
send me you details I might be at least able to give you some ideas
Nigel Kibel replied to the topic Buyers Agent? in the forum Help Needed! 12 years, 8 months ago
Make sure you work out a plan for what you want to buy. Do you have a strategy. Have you determined what you want to buy and where. Happy to have a chat. I have been doing this for a number of years in both Australia and the United States
Nigel Kibel replied to the topic Confidence in Queensland in the forum Opinionated! 12 years, 8 months ago
Yes I agree I think the problem with Queensland is that the market is at least 10% under market because of confidence in the economy. I think we will see confidence go up a lot. I also think this is because Campbell Newman will be a great Premier. I really like inner city Brisbane.
Nigel Kibel replied to the topic Where to spend 100,000 USD? in the forum Overseas Deals 12 years, 8 months ago
You need to do your research carefully. Most people lose money because they are dealing with the wrong person at the other end. The secret to great investing is the quality of your contacts in the US. If you are not prepared to do that then you should not be spending your money there. Frankly I can make you more money in Australia.
Nigel Kibel replied to the topic Does anyone else find this deceitful? in the forum General Property 12 years, 8 months ago
That is always one of the problems with renting. You should also always check documents very carefully before signing anything. Also when you ask questions especially important ones always get the answers in writing. That would put you in a position for possible legal cation. However if you have nothing in writing and have signed a 6 month lease…[Read more]
Nigel Kibel replied to the topic 1 BR – easy to resell? in the forum Help Needed! 12 years, 8 months ago
Maria if you are going to buy a one bedroom look at areas such as St Kilda or Elwood they tend to be older style larger in size easy to rent out and easy to sell. The problem with the city you are often buying in large high rise blocks. Personally I like 2 bedroom but period apartments in a one bedroom are ok
Nigel Kibel replied to the topic Investment better buy Unit , Townhouse or House in the forum Help Needed! 12 years, 8 months ago
It really comes down to wear you are buying. Frankly I would rather buy a townhouse in an inner city area rather than a house in the outer suburbs. There is a mistaken view that a house with land is a better investment. The reality is the land the townhouse sites on in an inner city area is far more valuable based on a per square foot price. than…[Read more]
Nigel Kibel replied to the topic USA Property – Hold or Sell in the forum Overseas Deals 12 years, 8 months ago
I suppose it depends on where your properties are. My view is nothing much will happen in the US market til at least 2015. What will determine the housing market is finance. Currently the view is that the finance ,markets in the United States will continue to tightened. Have you thought about on selling the properties with you providing vendor finance.
Nigel Kibel replied to the topic Student Accomodation in the forum Help Needed! 12 years, 8 months ago
If you buy a 2 bedroom apartment it will appeal to investors and owner occupiers student studios will only ever sell to investors therefore no real resale market. Student Accommodation us a poor investment. If you are loosing money and there is no capital growth what is the point in buying it. Remember everything comes down to supply and demand
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