Hi John, Welcome to the forum.

How long have you been operating in the States? What makes Pheonix an attractive investment for overseas buyers? no need to explain AZ, every man and his dog is promoting Atlanta.

N.B you weblink on your signature does not work as spelling is incorrect.

Cheers, Ivan

Hi Amy, using a borrowing, its a strong NO.

Cheers, Ivan

Yes Donna is great…

Hi there,
 
I can cover the SMSF side. With your super balance you will most likely borrow to invest. Cost of set up of SMSF and and Bare Trust will be around $2500. Yes, its the SMSF doing the investing, if you purchase a residential property, you cannot live in it and will need to rent it out. For BH, you will need to consider whether your…[Read more]

 
I’m struggling with the new web format….I have no idea what is going on.

Hi there,
Ian Ross & assoc in Mount Waverley are awesome, give Ashley the MD a call and let him know Redwood sent you. Cheers, Ivan

Hey mate,

Last year I painted my beach house and balcony myself.

Pros – 

Cheaper – cost me $1500 in materials plus my own labour and the quotes ranged from $13k to $20k. Added to that is the beer I drank during the dar – hey it was fun!

Paint quality – a lot of painters water down pain, which may reduce quality – they is an exterior paint job…[Read more]

Call Simon from Edgestone Developments on 0425 622 226, specialises in Eastern Suburbs of Melbourne, refer below for project portfolio
http://www.edgestonedevelopments.com.au/project_portfolio.html

Cheers, Ivan

G'day Nigel, the point around:
"In my view America is better to buy in now than it was before. When you consider increased growth and strong cash flow America is a great place to invest." 

If I was your client, how would you sell this to me? Not being a pain in the arse, however, i'm interested. Both Jay and Engelo know how objective I am here,…[Read more]

My loans are cross – colleterlised on two investment properties. I just can't get my head around it (Redwood scratches head). I entered the loans over 5 years ago (or maybe and was not aware of x-collat, and now with more experience on loans, I have raised the question. My banker – who I trust has reassured me, however I just have not had time to…[Read more]

Well done Streamline, hope it was all worth it, and great you have a PM on the ground that you can trust. Without someone on the ground, I think it would be extremely tough.

Look forward to hearing the 'costs' involved. Will you include the posts on this site in the costs?
cheers, Ivan

Hi Chris, some amazing advice from the other poster….

1000 sq metres…..outer east, i'm looking, so send me the details and I might buy it.

Subdivision – depends on council and ability to build depends on your personal situation – something that we need more information to advise on

Cheers, Ivan

Report post  #4- note web link above the line……Mods please address….where is hari yellina these days?

Hi already taken,

There are a heap of threads on the forums covering SMSF Property and the 'minimum balance myth'.

SMSFs are not for everyone, however they provide choice, flexibility and control, all of which you cannot get with your industry fund.

So what is the minimum balance? it depends.

Generally speaking, with a $100k in super you can…[Read more]

Hi there, please do a forum search on off the plan…..risky investment in my view particularly in inner city Melbourne and Sydney with prices that only the Chinese can afford….

Cheers, Ivan

Ha Rich, she will be seeing the same solicitor when the valuations don't come in at settlement – assuming OTP. Its insane. I'm off to SG and China Friday – wish me luck with the flight path.

Cheers, Ivan

Echo the thoughts on the other posters opinder. Plenty of threads also.

Personally I think Brisbane is hot and potentially too hot (for my preference). There are many more opportunities outside Brisbane to consider. Think outside the box is a consideration.

I guess the opportunity for Brissy is that the Chinese are coming into the inner city…[Read more]

Hi Crest/ Tony,

My firm charges $89 per month or $1,080 per year. The fees are fixed no matter what type of investments you have and includes Audit.

Its always better to go to a SMSF Specialist particularly with property investment in your fund. We are having more and more accountants outsource their SMSF service to Redwood for the 'specialist'…[Read more]

Hi there, don't buy an inner city apt 'in general'. Why? they are overpriced and priced for the wealthy chinese market, and generally 10% over FV. If you buy off the plan, you need to consider the valuation now and at settlement as many banks are very conservative around the FV of the apt at settlement causing issues.

For investment there are…[Read more]

Mikko, 

Re the $1500, is this for the set up of the SMSF and the Bare Trustee, or just the SMSF?

If it is for both, it is reasonable, if it just for the SMSF shop around.

Borrowing to invest in property is a great strategy to take control of your super and your retirement nest egg, you just need the right education and advice to get yourself up…[Read more]