If you look at suburbs like Elwood, East St kilda you are sruggling to get a good 2 bedroom apartment for under $300,000. Very hard to find houses unless you go to far outer suburbs.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

I saw them on Sunrise

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

I do not know why chanel 7 keeps giving BS as much exposure as they do after all they have never been right when it comes to interest rates. Most economists believe that rates in the medium term will go down not up

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

Varible rates are around 9%. However nearly everyone in New Zealand fixes the rates 3-5 years are around 7.3%. It is posible to get better deals. Youcould speak to Mary Obrien on 0404 234 517 or alistair perry on 0407 787 313. Alistair is based in Melbourne and Mary who deals with around 15 New Zealand banks is based in Sydney.

Nigel…[Read more]

The point that I make is that it is important to do your due diligence, do not take anyones word, make sure you are comfortable with what you are buying. It is your money and debt.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

These companies are marketing companies. If they recieve a commission they are not giving you unbiased advice. Do your own research or use a professional that is on your side. Remember it is your money. A bad investment is avaoidable.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

When you are looking at commercial property you will find that blue chip property has a far hgher entry point than residential. The second point is that if you purchase a commercial property and it is returning 10% that means that if the rent was $25,000 per year then the vaulue would be $250,000. What is this building worth if you loose the…[Read more]

You NEED TO DO YOU GROUND WORK AND CARRY OUT YOUR RESEARCH. Firstly pick out areas that meet your plans. If you are looking for capital growth look to inner city areas. You then need to get to know the area like the back of your hand. Go through every property in your price range. Also go through all the rental properties. You will find that over…[Read more]

Frankly the returns are line ball for something that will have no growth. Do not touch ot. Look to other markets like New Zealand. Properties like this are losing money once you incluse body corporate fees why would you consider it.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

You cannot tale security over an overseas investment and borrow against it here. However any of shore investment shold be treated as a separate income stream. The good news is that if you buy in a major city in New Zealand and look to buying houses, the banks in many cases will now lend up to 90% for foreign investors. It works both ways they…[Read more]

It is my understanding thjat if you buy the investment property in that financial year then the fee should be deductaable. If you have a good property accountant then check with them or get them to check with the tax department

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

I have an Audi A6 and have just brought a Landrover for my wife. These have plummited in price and are great value on the second hand market

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

The Jenman system can work well in areas that mainly are outer suburbs with private sales. I do have a problem with the fact that they are so single minded about a number of things. They are anti Auction and in there material they claim if you have an open for inspection you will be robbed. This is of course utter nonseance. As for Auctions , from…[Read more]

Many people in Real Estate say it is the three L Location Loacation Location. I agree. However it is also the three Rs Research, Research, Research

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

It depends on why your buying.
If it is for investment, personally I would not touch it. Firstly you will find that the capital growth will be poor and I bet the return will still only come in at about 4.5% if your luckly. For between?$250-$300 you can still purchase an apartment in St Kilda or even Elwood that will provide beter growth and a…[Read more]

I agree to a point Nat
Part of the problem is that Real Estate Agents are confined to a small area it all they know. It would not matter where I went if I said to an agent that I wanted to buy an investment property they would not say that this is not a good area to invest they would say have I got the deal for you. I understand this because I was…[Read more]

There are a number of important points here. Firtly it is important to understand that a Real Estate agent works for there client the Vendor. Therefore if you ask a Real Estate Agent how much a property will sell for then they will try to get you to pay as much as possible. That is there job. It is a matter of understanding the rules. What I find…[Read more]

Hi Western

I have people on the ground. I recieve reports on New property on a daily bases. Once I have people wanting to purchases we throughly check out the property. I will never buy a property until I have personally seen it. At this point I make an offer.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers…[Read more]

Interesting point Western

I actually travel there frequently and I also have people on the ground. Dont you also buy property in the United States. I was not aware that you lived there.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Hi Dazzling

I could not agree with you more.

The big joke is that if you look at most of the marketing companies that are making huge commissions from off the plan property most of them already have financial planning licences. Another example is that an accountant can set up a self managed superfund but they cannot suggest that you should set…[Read more]