The only way to avoid CGT is to buy and hold and not sell, access the equity in the form of loans rather than selling. Risky in the wrong hands but if you have any business and investing sense it can work well for you.

No one has a crystal ball regarding when the next upswing will kick off but it’s a buyers market in SE QLD right now. Time to get in with low offers.

I was having a bad hair day.

mike.12 wrote:
Thanks for the information,what about in calliope ,there is town house for sale,what sort of rent you will get and the strata levi,any one bought this,

Depends on the property, which townhouses are you talking about? If you shoot me an email with the address I can get back with the figures for you.

Terryw wrote:
Very risky – Don't stretch yourself too far. What happens if you don't have enough cash to settle in 2013?

Just as well all lenders have a servicing calculator… you would obviously need to factor in the whole picture.

Hi G0blin if you have equity (the difference between the value of a property and the mortgage owing) you dont have to sell to access the equity. In fact it will cost you more to sell if its an investment property with CGTax etc. You can simply top-up or refinance to access the equity for cash to buy another property. I have a video on my website…[Read more]

POSH is more suited for what your looking for, heres a bit of a demo
http://www.supertech.com.au/poshdemo.htm

And you can download a free trial here
http://www.apimagazine.com.au/tools/software-downloads

“Hi Tony
I had a look on RE.com at some property for Gladstone. Maybe I am looking in the wrong area. Do you have a link of a property to start me off. Cheers”

Hi G0b yes I have access to residex property search and can find some available in Gladstone, whats your email address and I will send you some info, also, whats your price range? Maybe…[Read more]

Why does the Accountant need to be in Rockhampton? Everything these days is done electronically. I would recommend http://www.bantacs.com.au/

Has your friend considered the Australian property market in terms of foreign investment? Depends on his or her financial resources of course. Heres more info: http://www.firb.gov.au/content/real_estate/real_estate.asp

You haven’t had any replies to your thread so far and I would suggest that you phone the FIRB and have a chat to them. Re CGT you can call the OSR. An internet search will give yo both the above contact numbers and more information.

If you want growth you might want to consider areas like Gladstone right now. Cash flow is great but if you have room to expand, why not work on getting some return on your investment with a slight change of direction?

As they say the best time to get into the market was yesterday and the next ‘best time’ is today. Personally I would want to take advantage of opportunities that are available in the current climate. I’ve mentioned this before in other posts but asset size is what determines the return on the investment and if you want to create assets for wealth…[Read more]

Hi Joely my question is ‘how is the house positioned’, can you keep it, give it a face lift and sub divide the blocks as well? Second question is what reasons are you not able to build, is it that you are overwhelmed with the idea or are you limited in terms of borrowing capacity? I would be happy to crunch the numbers for you and let you know how…[Read more]

ray jay wrote:
hey thanks for the replies duckster, ryan and on the money. lots to think about. sounds like the better choice is a slightly cheaper place and get it payed off enough for the rent to cover the mortgage then get on to another house. this way ill end up ultimatly with bigger asset ( 2 cheap houses) than one expensive house (worth…[Read more]

Hi Stella welcome to the Forum.

steve-invest wrote:
Hi JM I have bought investment properties through http://www.wealthwithproperty.net and have had a pretty positive experience, they also did my finance.

Hi Steve thanks for your kind words.

Hi Joe,

Here’s a link to an Agent Fee Calculator that works on the Fair Trading formula for max comm…
http://www.legalmart.com.au/calculators/QLD/conveyancing/sale.htm

Generally If the purchase or sale price is less than $18 000, the commission is 5 per cent of the price.
If the purchase or sale price is more than $18 000, the commission is…[Read more]

Tiles look and feel better as far as I’m concerned. I have used both in renovations and in my opinion tiles are the real deal.. choose carefully however. I used laminate planks to renovate my old caravan though and must add it looks pretty good.

You mentioned structuring, if its companies and trusts a good Accountant might be able to help you however if its finance your talking about, not all Accountants really understand loan structuring for multi property portfolios and if this is where you are heading ask yourself ‘what kind of people do you want on your team’.

I don’t really know of…[Read more]