I agree with housemender

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Veiws are worth a lot and is always easy to sell. If the other place has just been fited out then it probably is at its peak price were as the other place with some small improvement you maybe able to add more value thats how I would look at the deal .

We buy properties cash fast settlements no fees no fuss. contact me on 0408…[Read more]

Research simular propertys in the area and recent sales in the area and compare

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Will rate rises cause rent increase , if investors leave the market because returns are not good enough and there become a scacity of rental on the market then sure rent will rise .

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Westan you say you cant get these returns in Australia.
I just bought a property in the la trobe vally for 75K spent 3 weeks cleaning it up and replacing the kitchen owed me 100k includeing all costs and sold it for 140k cash on cash was about 100% in a period of 3 months

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No worrie mate thats what we are all hear for

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The government droped tax benifits of negative gearing for 2 years in the 80s it was the worst thing they done people had nowere to live and the government had to house people it cost them a fortune rents went through the roof so they went back to tax benifits for negativly geared propertys

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Invest in is it burnie or something like that . there are 8 or 9 % returns there everwere and surronding neighbourhoods have gone up huge amounts in the last couple of years I know it is not the most desirable place but it has to go up . If I could get loans over there thats were I would be putting my money at the moment . My bussiness partner…[Read more]

10% unless the property looks like it is going to make me capital gains in the very near future

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I evaluate the property on how am I going to make money on this deal.

e.g. How much money do i need to put into the deal ?
How long is my money going to be tied up for ?
What are the risks ?
What is my cash on cash return ?

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Shops and transport

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Do what you were planing in the first place thats how i have made most of my money

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Interesting reading some good statagies

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Good idea jenny I bought my first investmest property with my mate when i was 24 years old I woulnt have had the nerve to do it at the time on my own

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How long ago was this how old was he were does he live more info the better

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There is this new bute thing called the internet check it out

We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
propertywizkid@yahoo.com.au

Build a high fence made of banboo and make it as wide as possible e.g 1 foot

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What do you mean

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No what happens is that lets say you bought a property for 250k then over 5 years you claimed 20k in depreciation e.g. construction carpets etc the property then only owes you 230k so therefore if you sold it for 300k your profit is 70k you then get a 50% CGT discount so in this case you only pay tax on 35k.

Before they had the 50% discount on…[Read more]

Mate 20 years old go for it I wish I started that young

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