pcm = per calendar month

You need to be a subscriber but this site seems to have some interesting reports.Thanks Marc

Welcome to the forum, GazaYou can try companies like Positive Real Estate (http://www.positiverealestate.com.au) or Cashflow Capital (http://www.cashflowcapital.com.au). They locate positive cashflow properties throughout Australia. If you search the web, you will probably find few more companies providing similar services.I have used http://www.positiverealestate.com.…[Read more]

Hi chuckles,It does not matter whether you base yourself in Sydney or Melbourne. There are plenty of opportunities. if I were in your situation I will invest in different states in Australia. Each state within Australis is like a mini-market in itself and may go through its property cycle. This ensures you are not putting all your eggs in one…[Read more]

My understanding – Dual occupancy means two dwellings on the same title.Subdivided means two dwellings on separate titles.

On the block of 4 units (separate titles) purchased at $320k, you will pay stamp duty for each unit separately at a purchase price of $80k (assuming each unit is of the same value).You could use some online tools for calculating the exact amount of stamp duty for both scenarios – units on one title or strata titled. I use the National bank online…[Read more]

Are all the 4 units on one title or separate title?

Hi trac,If the units are on one title then you pay one lot of stamp duty. If the units are strata titled then you pay pay stamp duty separately for each unit.

Hi holo,One thing you could do is to increase your debt against the investment properties and reduce your debt against your PPOR. You can till maintain the same overall LVR (~66% of your portfolio). The reason is the interest on your investment propert is an expense.

Good news for the time being. But its just delaying the inevitable.

I lost over 160 posts on the forum. I am back to "New Member" status.

I agree with LA Aussie. If you want early access, its best to put it in the offer conditions. If the vendor agrees to the offer, he/she agrees to the request for early access as well.I do not commit to large spending before settlement (definitely not before the purchase is unconditional) but put the condition of early access to get the trades in…[Read more]

Hi kobe888,
I think you need to do a goal setting workshop. What do you want to do with $250k? What kind of returns do you want and then determine the best vehicle (property, shares, options, etc.) for achieving it. With that kind of capital you should look at diversifying a bit and include investments in shares/funds as well.
With regards to…[Read more]

Jim,
Sorry, I should have specified the LVR is based on the internal size of the unit.

Richard
I thought the units had to be over 40 sq mts to have LVR of 90%. But thanks for clarifying.

cheers,
Sanjiv Gupta

“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.” – Nelson Mandela

Hi Kim,
I think you should look at what works in your area and then decide. Some areas have strong auction history and it may be best to stick with it. Speak to few agents as well to get an idea of the fees and services offered.

cheers,
Sanjiv Gupta

“There is no passion to be found playing small – in settling for a life that is less than the…[Read more]

G’day Jim,
You need to set your goals and invest accordingly. If cashflow is important to you then it sounds like a good opportunity. However, the LVR on a 1 BR apartment will be low and therefore you need to have a bigger deposit. The capital growth for a 1 BR apartment is lower as well.
Assuming a 70% LVR and purchase price of $170k, you would…[Read more]

G’day whoops,
I recommend Nancy Keep as well. She is a property investor herself and has very good network of associates.
I have been using her services for many years now and am highly satisfied.

cheers,
Sanjiv Gupta

“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of liv…[Read more]

There is now speculation that US might drop their interest rate.

cheers,
Sanjiv Gupta

“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.” – Nelson Mandela

Hi kojo425288,
You should consider the stamp duty as well. When you sell the property to her she would need to pay stamp duty again.
As Simon suggested, I think the cleaner way would be for you to give her a deposit and buy in her name to start with.

cheers,
Sanjiv Gupta

“There is no passion to be found playing small – in settling for a lif…[Read more]

Hi Michael,
When is it scheduled to happen in Melbourne and are there free tickets for that?

cheers,
Sanjiv Gupta

“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.” – Nelson Mandela