Hey there – see a broker first – determine your borrowing power and let that start the planning and develop a strategy. The accountant will help you from the tax perspective. After you have been through the broker, chat the property person or even better read up and have some fun finding your property. The “hunt” takes time, patience and…[Read more]

Ante – I have it, one user to log on at each time…..I have all features and its not bloody cheap unfortunately!

Cheers Ivan

Hi Damo – if you are after debt consolidation, see someone local, a broker will be able to assist you. Otherwise post your scenario on the forum and you will get some free advice.

Cheers Ivan

Jamie – they are all of the above…..

Hi RP – at least your making a start. There are so many factors that impact capital growth and yield. Location is one of them. So which city are you looking at?

Two cities I love are Melbourne and Brisbane. Happy to discuss if they are suitable for your strategy.

Cheers Ivan

They are not around any more…

Have you reviewed the s32? Call the council and make an inquiry – that may assist.

Cheers Ivan

Couple of tips:
1. Search the forum before posting https://www.propertyinvesting.com/topic/4995222-new-investors-yale-property-solutions/
2. don’t use your real name (I assume it is an alias)

Cheers Ivan

Hi there –

Depends on price, here are my thoughts:

Development:
Noble Park, Dandenong, Braybrook, Yarraville, Footscray, Sunshine

Blackburn is a significantly more expensive suburb to purchase a site of 700 sqm +

Frankston – no thanks for me.

For a 700-1000sqm development – the price will vary in each suburb highlighted above, always…[Read more]

Hi Clint

Not sure there is a oversupply of townhouses within 5km of Brisbane, however I will agree there may be a oversupply or potential oversupply of apartments in Brisbane Particularly West End and Fortitude Valley – I donot touch either of these. Apartments are comparable to Melbourne which when you consideration populations – is a real…[Read more]

Griffo –

Not sure there is a oversupply of townhouses within 5km of Brisbane, however I will agree there may be a oversupply or potential oversupply of apartments in Brisbane Particularly West End and Fortitude Valley – I donot touch either of these. Apartments are comparable to Melbourne which when you consideration populations – is a real…[Read more]

Hi there DJ,

Happy to help you but sounds like you have had ‘advice’ – all SMSF loans must comply with the SIS ACt so the lender will be aware of the requirements and the structure will not be relevant to ASIC but will be to the ATO for SIS compliance.

Perhaps provide some further information i.e. what concerns have been relayed so far?

Cheers Ivan

One day drop by my office and meet the developer – old bloke loves a beer. He relied on a verbal from a town planner to buy the site at crn of Middleborough and Cantebury, spent $3.5m then the town planner went on long service leave and back to square one, thousands of dollars on legals plus a 6-9 month delay and he got back to square one. The…[Read more]

Whitehorse is a pain in the bottom – be sure to engage someone with real experience in the area, and if a town planner makes a verbal commitment, make them put in on paper….otherwise it can get messy.

All the best Cheers Ivan

Hi John –

Awesome start – join the club :)

Which city are you looking at? are you an aussie resident? lots to consider including type of property, long term strategy, tax considerations, structure, investing alone or with partner amongst others.

Perhaps check out your borrowing power first to confirm you loan amount and then start the…[Read more]

Hi JDL – A SMSF property should provide a 4.5% yield to be viable for resi property with a borrowing (but you mention buying property in full) – anything less is a no-go (in my opinion).

You should have a diversified portfolio yes – but there a number of considerations to determine the right property, a 3% yield is a key indicator that the…[Read more]