Hi mitzu5[]

There are motgage brokers who are great at servicing the specialized needs of investors on this site.
Normal Brokers may not understand setting up loans for trust structures or avoiding cross colateralization etc.
It is important to set up your investment structure correctly at the start.

Regards
Bryce…[Read more]

Hi Agent 007[]
Its listed At the “soap box” under the heading “Adelaide Investors Meeting” posted by “Summo”.

Regards
Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

Hi Simon[]
Thanks for the info.

Regards
Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

Hi All[]
I use PIA PRO ,it is very comprehensive.The only problem is that you can’t email a report unless the recipent has a copy on their system.This is not a problem if it is used soley for your own use.If any one knows of a program that can be emailed I would be interested.
Regards

Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

hi Bill[]
It is not clear if you are in favour of purchasing a property there or advising against it.
Personally I wouldnt touch them with a bargepole.

Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

Hi NATS 12 []
try RJA Financial services based in Rowville
email; rolfusch@bigpond.net.au

Regards
Bryce Inglis
brycei@optusnet.com.au
http://www.ipal.com.au

Hi B Diros[]
As I understand your position is as follows,
1/ you have 3 neg geared properties.
2/ they are cashflow positive
3/ you have acheived an 80% capital gain
4/ are still in a growth area
5/ you have no savings
6/ you wish to increase your cashflow

Based on this I would suggest
1/ you dont sell as you will lose too much due to capital…[Read more]

Hi scotty[]
Just thought to bring this back to the top of the list
Regards
Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

Hi TheENJOLady[8D]
I agree that this is important.
DaleGG is discussing trust including hybrid trusts at the next Somersoft Meeting on Thursday 16th October being held at VU University Ballarat Rd Footscray.
Addmision is free,it starts at 7pm Building C Room C209.
Regards
Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

Hi kelly1100[]
Gearing or leveraging is using borrowed money to enhance returns on investments.
The higher your gearing ratio,the higher your profit.For instancce if you invest $10k of your own money at a return of 10% per annum you would receive $1k.
If you borrow an extra $90k then you would make $10k less the borowing cost.
If an investment…[Read more]

Hi jars11[]
There are 3 phases in property investment
1/.Aquisition of property in the highest growth areas you can find, using negative gearing. This maximises the ability to purchase more growth producing property.
For example. A client purchased two properties that produced a capital gain of $20k per month and after 14 months he purchased his…[Read more]

HI Sha[]
Most apartments in the Melbourne CBD are oversupplied, often in order to disguise this rental guarantees and 5x5x5x5 lease arrangements are used.
The rental gaurantee is paid by the property being overpriced and the lease is not renewed after the initial period.
The tennant is induced to take an initial lease at a lower price and this is…[Read more]

Hi paulaj[]
You have already started.You have gained an awareness of what constitutes good debt/bad debt.
The most successful investors operate a wealth creation budget,in order to create money.
This is used to eliminate bad debt, and the money eventually saved is used to invest.
The budget also requires you to discover the differance between a…[Read more]

Hi Scubar[]

As you are new to property investing it would be very dangerous for you to buy a property sight unseen.
I suggest that you learn more about property investing until you are more able to realise the enjoyment that this will bring to you .Most people on this site will tell you how addictive this becomes.

Regards
Bryce…[Read more]

Hi kkowalsk[]

Quoting the summary from BIS Shrapnel.
“Adelaides price growth has been particulary strong over the past three years rising by 36%.
More recently,prices have been influenced by the introduction of the first Home Owners Grant,which has stimulated purchaser activity. Price growth of a further 20% is forcast for 2002/03.

The…[Read more]

Hi Maiya-s[]

A word of caution regarding the possibility of interest rate rises.You need a good yeild to offset the cost of these rises. Factor in a rate increase of at least 1% and see if you can still afford the investment.Check the rental amount with Real Estate agents prior to purchase.
As most properties in Melbourne are approaching the top…[Read more]

Hi Caddy222[]
The report only covers 2003-2006 and even Saul Eslake will not predict beyond that.
Intrest rises are being used to curb inflation predicted in the world economy

Regards
bryce

Hi All[]
According to the latest BIS SHRAPNEL report intrest rates will be
2003 6.6%
2004 6.1%
2005 8.3%
2006 10.1%
I attended a business lunch last Fiday
where the Cheif Economist of the ANZ Bank Saul Eslake said exactly the same.

Regards
Bryce Inglis
bryce@ipal.com.au
http://www.ipal.com.au

Hi Doogs,[]
I attended The City of Monash Buisiness Awards Lunnch yesterday and a nominee was speaking about his companies newly invented product. This cheaply detects termite nests etc , it uses thermal imaging.This may help you for the next property.
The website address is http://www.termicam.com.au

Regards
Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

Hi Alf,[]
Depends on which stategy you prefer.
Borrowing 90% gives you more leveragin to increase the rate of return,whilst borrowing less
gives you more security.
The amount of deposit can adjust cash flow to be pos or neg.
regards
Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au