Yes it will be looked at as 50/50 deal so you will be looking at paying tax on the profit of that property you sell.

Will you pay capital gains tax?
That depends on how long you have had the property since it has been developed, you may have to pay normal tax rates if the property you sell has not been retented out. If this sounds a little…[Read more]

Cap rate is % after all expences (it does not include if you borrowed money).
Gross % return is how much before expences (it does not includes borrowed money or expences).

Simply

Cap rate is % after expences.
Gross yeild is % before expences.

Monopoly, my favourite game

Brisbane 04

Are you over there with Weston at the moment? I bumped into while in Texas .No I didnt go to buffalo and rochester not my cup of tea, but Texas I loved the place , I will be active in this area for the next few years.

Kind regards Rick

Monopoly, my favourite game

I will be there just let me know were and when.

Cheers Rick

Monopoly, my favourite game

Hi Tony

No I was lucky missed all the bad weather , but I loved the place and can’t wait to go back.

Hi John

I am interested in playing the game , I have my own 101 game but have still never played it .

Kind regards Rick

Monopoly, my favourite game

Good to see , I love the game . Now I just do it with the real thing.

Cheers Rick

Monopoly, my favourite game

Hi ,

I have just been over there and if you want to have a talk about the market you can give me a call on 03 93183856 or 0408355568.If noone answers leave a message and I will get back to you .

Kind Regards Rick

Monopoly, my favourite game

Pete I’m in texas looking at + cash flow propertys with capital gains at the moment and it looks like a good place to invest I will be investing here. I looked into Buffalo and Rocchester but was not impressed. Good cash flow but big problems. I’m sure that everone has different thought.

Kind regards Rick

Monopoly, my favourite game

Monopoly man

You can use your equity for both the propertys without take any money out of your first deal so long as the same lender is used.
I would suggest Darwin property if your looking for + geared property , there are still some around and at the momment the market is realy moving up in value. 17% in past 12 months. Affordabilty is still…[Read more]

Blogs, I agree 100% , but i’m now looking at the USA market and there are deals around in good areas with +cashflow and i would say some growth as well over time.
Thanks for your comments

Monopoly, my favourite game

If you look hard enough in darwin you can find 11 second solutions and there has been good capital growth there in the last 2 years about 17% each year , also affordability is high at the moment around 50% thats almost double sydneys at the moment . Only my thoughts.But make sure your insured for cyclones .

Cheers Rick

Monopoly, my favourite game

Would like to hear any comments people that are reading have

Cheers Rick

Monopoly, my favourite game

Bloggs

Don’t worrie about an inspector until after you have finished because there is not much you can do until then anyway . You can give the report to the builder but weather he does anything or not , how are you going to argue the point until the job is finished anyway. The builders have good mouths they can tell you anything . I hired a…[Read more]

I bought land there 2 years ago and owner built my house that I now live in. I think that it is very good buying , I belive in a couple of years when it is fully developed with all the restarunts, cafes and everthing in its place the true value will come out. I am just about to sell my place to move my money into essendon , but only because thats…[Read more]

I think that major citys will not see prises move much .Up down or sideways over the next ten years , of coarse there will always be pockets of real estate that will move due to trends or infrastructure.
However in 10 to 15 years I think that there will be massive movement in the market .
Only my opinion.

Cheers Rick

Monopoly, my favourite game

I looked into industrial building or develpoeing and there is better gains in it .
A friend of mine has been doing it for a couple of years he got into it by accident . He built a fatory for his bisiness and realised how much money he made and kept going. The market is hot at the moment it is always one step behind res.
But remember the profits…[Read more]

Foundation

You speak like you have the wisdom of someone who is 1000 years old, i’m not knocking just very impressed by your replys

Cheers Rick

Monopoly, my favourite game

nkibel

4.5% return that would be bad in that area.
My mate just bought a property there for 130k
and is getting $190 a week rent good clean brick home.Thats 7.6% returns.

Cheers Rick

Monopoly, my favourite game

Corey

I agree there is plenty of land and capital growth is not going to be the strongest case for melton, but if you are trying to get some property that is almost +cash flow and is unlikely to go down in value due to its already one of the cheapest areas then it make sence . small deposit little money in after rent and possible growth. Not a…[Read more]

Wow Foundation,

That is excelent about the best stuff I have read for a long time, I cant belive it but know that what you are saying is true.
Just one thing I would like to add, the only reason we have not had a huge crash like 1990 all ready is a cobination of low interest rates and consumers living of equity that they have in there over priced…[Read more]