Firstly I am not against buying off the plan but it comes down to due diligence and being very careful with what you buy

These things include looking at the size of the apartment

If they are to small then may have problems with resale

Look at what you are paying. Does the apartment off the plan represent value to what else is on the…[Read more]

Hi Jared

You should be able to buy an apartment in that range but do not buy off the plan and stay out of the CBD. The only thing you will buy off the plan at this range will be small or student apartments. Do not touch them. Look for older apartments as to where to can add value. There is nothing wrong with apartments as an investment. But you…[Read more]

I have not brought in NZ since 2005 so I am not sure

However I would urge caution as this market is very strong with prices in Auckland being about the same as those in Sydney. The economy is strong but its hard to see how this growth can continue. I think it is only a matter of time before we see a correction.

When buying commercial property in Australia you need to be careful with the type you buy. Generally a blue chip commercial property is a lot more expensive than a residential one. Be careful when buying things like cheap warehouse because if there is a downturn in the economy these properties lose value quickly.

With a residential property the…[Read more]

When buying commercial property in Australia you need to be careful with the type you buy. Generally a blue chip commercial property is a lot more expensive than a residential one. Be careful when buying things like cheap warehouse because if there is a downturn in the economy these properties lose value quickly.

With a residential property the…[Read more]

I am personally buying properties in the United States. We are looking at everything from apartment complexes and Hotels.

What I find is that the level of returns is high

I am personally buying properties in the United States. We are looking at everything from apartment complexes and Hotels.

What I find is that the level of returns is high

Not quite show how I was advertising when I was talking about a property we are closing on in the United States. In other words I am talking about something I have done not promoting

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Ivan you and I should talk about smsf for us Property

Thanks for your 2 cents worth Engelo

I have a full time partner in Florida and have just spend the last three weeks on the ground. We took nearly 3 months putting this deal together. So yes a huge amount of due diligence. Once the deal closes on the 12 September I will put up a detailed review

I have just got back from Florida and the number one rule of investing successfully in the United States is the quality of the person you are working with.

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To me the United States offers great opportunities to invest and I believe that as the economy continues to improve it will only get better. However whether…[Read more]

I could not agree with Richard more

Most of these companies are making huge commissions they are often pushing properties that are not selling in the general market at and that’s why developers often offer marketing companies large commissions. The purpose to invest is to make money why would you buy something that is over priced. Richard buys…[Read more]

To be fair unlike many companies they at least say who is working there.

However just reading between the line its sounds like John Fitzgerald 10 properties in 10 years it sounds as if they are selling house and land packages. If that’s the case they are making at least $30,000 per sale. Its sounds as though they are just another marketing company.

What you will find is that there is a massive number of small apartments coming out of the ground in most of our major cities.
I am sure you will find plenty of groups will to sell them to you.

The reason

They cannot sell them so they offer marketing groups large commissions.

Do not touch anything under 50 square meters and I would also suggest…[Read more]

I agree however the deal we have put together has a very good cash flow however I agree with you when you can get high LVRs and low interest rates it is like putting petrol on a fire it has to push up prices. You only have to look at what has happened in Texas this is a market that did not fall at all.

I also agree that construction is the…[Read more]

There is no doubt that there are great opportunities in the United States at present.We have just put together a 52 unit apartment complex in Daytona Beach for 2.75 million. We were able to get a deal of 70% finance at 5.75% fixed for 5 years the building is fully renovated and now more than 90% let. The fact that you can get this sort of…[Read more]

I suppose it depends on what you can afford to buy. However if you are losing money and you can get out that would be a good idea. Look at areas that will at least provide you with growth. keep in mind that interest rates are at record lows who knows maybe they will drop again however it is only a mater of time before they go up.

At that point…[Read more]

Another group selling house and land packages on the outskirts of the city in areas like Melton

It will depend on how much you paid. Most companies selling this type of product are making at least a $30,000 commission however since they are offering a 10 year rental guarantee who knows. I know nothing about this company apart from whatI see on…[Read more]

I think that what they did was to do a survey as to what they investment intentions would be over the next 12 months

Hi Andrew

Interesting question and it might as American can negatively gear there own properties.

I think the point of the article is that many people who are wanting to invest their money see Property as the top investment has strategy in 2014. The reasons are that the property market has bottomed while many believed that the share market may…[Read more]