Total Members: 159,255

Nigel Kibel

  • Nigel Kibel replied to the topic New Property Advisors Course in the forum Heads Up! 17 years, 1 month ago

    Hi VicgirlIt is http://www..piaa.org.auI work for John Hopkins group. John was one of the founding members

  • Nigel Kibel replied to the topic Positive Cash Flow Mortgage from 3.95% in the forum If it sounds to good to be 17 years, 1 month ago

    If it sounds to good to be true it normally is.Where do the funds come from. Are big profits built into the property.

  • Nigel Kibel replied to the topic Can we really earn $$ from buying off the plan ??? in the forum Help Needed! 17 years, 1 month ago

    If you had asked me two years ago about buying off the plan I would have said no. However the market is currently strong and it is likely that anything you buy today will go up. Provided that the project has bank valuations based on todays prices. Only buy if you are looking to buy long term. Then if it goes up it is an benefit.

  • Nigel Kibel replied to the topic Purchasing wholesale land in the forum General Property 17 years, 1 month ago

    It certainly is a great way for the developer to fund his land. Buyer bewareI would have thought that in the current cycle there are better places to invest than Perth. Concider Melbourne where you will recieve much better capital growth.

  • As the market booms so will all the new property investment companies. More and more crap

  • We are not going to see a collapse of 30-40%. To even suggest this is silly. Even in the United States the slump has been nothing like this. In fact6 in cities like San Antonio in Texas the market has incraesed by 11.5% in the last 12 months. It is important to remenber that America has a population of 300 Million. The reason the market has not…[Read more]

  • Nigel Kibel replied to the topic 4Corners Mon 8.30 in the forum General Property 17 years, 2 months ago

    Typical nonsence you would expect from 4 corners which is about the same as today tonight. The reality is that it has hit the American housing market. It is now difficult to get money from second tier lenders, however banks are still lending money, it is also likely that the US fed will cut rates by at least .25% but it could be as high as .50%.…[Read more]

  • Nigel Kibel replied to the topic Investment Property Advisor (IPA) in the forum General Property 17 years, 2 months ago

    Anyone selling properties full stop must eithert have a full license or work under a licensed agent. While I commend any education especially when it invoves ignorant real estate agents it is highly unlikely that ASIC will control investment properties as real estate comes under state control while ASIC is a Federal body.

  • Nigel Kibel replied to the topic What type of vehicle do you have ?? in the forum Opinionated! 17 years, 2 months ago

    I have just traded my audi A. 6 on a Mercedes Benz e320. It only has 85,000km. It is a fantasitic car. It is  dream to drive and very safe for my family. My wife has a landrover discovery.

  • Nigel Kibel replied to the topic New to investing in the US in the forum Overseas Deals 17 years, 3 months ago

    There are indeed it just that in many parts of Texas while the rest of the United Staes has been going backwards in San Antonio the market has grown by 11.25% in the last 12 months. If you are looking for good cash flow I am told that Indianapolis is worth looking at. You will get higher eturns than Texas but not as much growth. I am hoping to go…[Read more]

  • Nigel Kibel replied to the topic Steve’s prediction for a downturn in the market ? in the forum General Property 17 years, 3 months ago

    I do not think that the rate rise of .25 will have any great impact of the market at all. Interest rates mainly hurt the bottom end of the market. Most other people have equity in there homes so while they may lose a lttle equity it will not effect there affordabilty.An interesting comparision is New Zealand. The prices in many parts are…[Read more]

  • Nigel Kibel replied to the topic Benefits of Investing in Real Estate using a Company in the forum Legal & Accounting 17 years, 4 months ago

    If you are buying in Australia, there ae major disavantages in buying in a company. Changes were made to capital gains tax a number of years ago. If you own a property for over 12 months and you sell it you will recieve a 50% discount on capital gains tax. In other words if you make $100,000 you will only be taxed on $50,000. However this only…[Read more]

  • Nigel Kibel replied to the topic Australia’s Best Cashflow Positive Suburb in the forum The market is booming around 17 years, 4 months ago

    The market is booming around Australia, unless you are looking in mining towns where there is a lack of accommadation why would you expect to buy positive cashflowe property apart from dying one horse country towns.

  • Most if not all positive geared property is located in one house country towns. As the market begins to heat up these areas may fall. As an example Ballaret in Victoria, hardly a one horse country town with a population of 80,000 has a lot of properties on the market. The volume of sales is way down.The bestopportunities for positive cashfloe…[Read more]

  • Nigel Kibel replied to the topic Buyers Agents Melbourne / Victoria in the forum General Property 17 years, 5 months ago

    I have been buying property for clients in Melbourne and other parts of Australia for some time.

  • Nigel Kibel replied to the topic Due Diligence on International Properties in the forum Overseas Deals 17 years, 5 months ago

    My advice is to go there and inspect the market yourself. I spent a great deal of time in Texas last year and their is nothing like seeing and experiencing a market for yourself. Do not buy over the internet sight unseen and always question what you are told.  

  • Nigel Kibel replied to the topic Inversting in the US in the forum Overseas Deals 17 years, 5 months ago

    I ran a real estate agency and an investment company in San Antonio texas for much of last year. I would be only to happy to have a chat.

  • Nigel Kibel replied to the topic Frankston anyone? in the forum Help Needed! 17 years, 6 months ago

    I think you will find that any area located near the watwer will increase in value. The greatest issue with Franston is access. With the new freeway that will change the other problem has been that the rents have been limited. That too is changing. How many areas in Melbourne can you buy a house for under $300,000 and also over $1,000,000. As a…[Read more]

  • Nigel Kibel replied to the topic Finance and Tax Issues for Buying NZ Property in the forum Overseas Deals 17 years, 7 months ago

    Speak to Andrew Clark at Clark Jacobs  aclark@clarkjacobs.com.auHe is an accountant based in Sydney who does both Australia and New Zealand tax returns.In terms of where you borrow the money it needs to be in New Zealand because an Australian bank cannot take security of a foreign asset. It is not hard to get a loan however you are paying New Z…[Read more]

  • Nigel Kibel replied to the topic Property Buyers Agents in the forum Help Needed! 17 years, 7 months ago

    Hi DeanI am based in Melbourne

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Nigel Kibel

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