Hi Tyler, pretty big checklist…..

PPOR – Hell yeah, but I use it to invest and grow. Top tax bracket – not telling you! Residential properties…..yes sir, always looking for the next opportunity inside and outside of super…..

Hope that answers your questions.

Cheers, Ivan

Tools wrote:
No need to remove the paint – this will all be taken care of when the timber is sanded.

Tools

Exactly, I have ripped out the carpet of the beach house, bout 25 sqm. Replaced with awesome flooring. The property is split level, there are two 4 step stair cases.

There is paint on the oak stairs and some glue.

I have sanded all…[Read more]

James, 

Suggest you get over the spam thing and move on. When I joined, I was not clear but now I am and can happily contribute to this wonderful forum. Promoting business 'above the line' is not allowed, below the line is. This site seems to be attacked daily by spammers usually be SEO freaks from India. 

I have a heap of investors investing in…[Read more]

Sorry to hear that mate…..wish it was that tough in 2006-2008 hey. 

Hi there Grace,

NZ is becoming a real alternative for Australian investors. Finance is available from here or over there and no stamp duty (yay) or CGT. Factor that in with the relatively cheap prices (look at Auckland v Melbourne).

I know a NZ broker based in Auckland and also can meet them here (in Melbourne). 

Re finance, ANZ is relatively…[Read more]

Hi Kissy, you are looking for a property investment adviser? I'll pm you the details of one we use in the West of Melbourne.

Cheers, Ivan

As jac said you can find plenty….its a good situation….with my rental properties, I have been able to increase rent over the last 12 months by 5-10% depending on the area and demand.

Obviously rental returns are impacted by the rental rate and the value. I'm not seeing a decrease in rent either in my portfolio or my clients portfolios.

You…[Read more]

A property manager we work with is Marcel from Prestige Property Group, good guy, reasonable rates and local. You can call him on 0408 459 938 and let him know Ivan sent you.

Cheers, Ivan

Awesome doco, something I have seen first hand in China. Anyone taken the bullet train from Bejing to Shanghai? empty plains, then bang the new month there are 100 apartments going up. They have a interesting 'incentive' system to 're-populate' with small business owners obtaining cash incentives and ownership then make a killing when they sell it…[Read more]

Hi Newbie, will not comment without knowing the state (We have done a number of development in Melbourne). However, diligence is imperative, try meeting with a planner from the council or an independent planner which won't cost much but will definately be worth it depending on your travel plans

Hi Roxy, great suggestion, we liased on the other thread, as you know, quick money can be made by buying a old house and selling with plans and permits, especially in areas where there are significant Chinese investors as you can make a premium (subject to their finance criteria). However, depending on the buy why stop there?

We generally dont…[Read more]

Hi Roxy, great that you are thinking about using your Super to build your property portfolio. With borrowing through an SMSF is complex however, can be very easy with the right advice as has been eluded to above.

Re the 1st question, yes with $263k in Super you would be able to purchase more than one property. However, this will depend on the…[Read more]

Hi Microchip.

Great to hear your moving into developing.

Firstly, when going into business with friends, I always have a concern, make sure everything is documented, as many of these arrangements cause headaches.

Secondly, all of these areas have fantastic potential, by finding the right property in these areas, and with the right development,…[Read more]

Streamline, sent you a PM.

Cheers, Ivan

Thats hilarious, with many 'single' guys or gals, thats a popular opinion, particularly with SMSF members with a sole trustee. Some of the responses I get when I ask the member to consider life insurance is hilarious.

Great info and sorry to hear of your situation. Thank you for sharing and I do believe a similar topic was raised on somersoft.

cheers Ivan

Good to know, i'll look into this. Had a client inquire about the same mob this week, I had not heard of them however did say 'if it is to good to be true, investigate hurder….'

Cheers, Ivan

Hi there, really depends. What are you looking for? buy and hold? reno? develop? what sort of yield are you looking for?

Financing also important which the brokers here will assist with depending on your scenario

Pretty familiar story unfortunately. 'Pressure' buying is rampant in the property industry, and there are a number of Chinese property firms that are maters of this and they are very successful in their approach. In these cases, attendees are vulnerable and uneducated, something I strongly object to. Gizzy, be free to pm their name to me and I can…[Read more]

I'd also be interested in your experience, had a couple of SMSF property deals in the area in December (my clients), have a trip to QLD in Feb and will ensure I visit. Would be great to hear if you experience is positive