sorry to hear about your situation.I believe it can be done, you may need to find a solicitor understand your situation. the solicitor you are looking for also have to understand vendor finance, installment contract, lease option……etc..this is a creative idea, but I think if you can find a willing buyer wants to access some capital gain  and…[Read more]

do you have a lot of expense ? even 5 or 10k is still saving !I believe you still get a loan, but the interest rate maybe a bit higher. ( having say that I am not a broker)otherwise, just spend couple of month and save some money ! ( it shouldn't be that hard for high income eaners, just adjust your spending habit and cut down un-neceesary expense…[Read more]

I think it really depend on the agents, some real estate agent charge huge fee but doing just little work and told the vendor that "you get what you pay for".however, a real responsible and integrity agent just like Kristin say may really work hard for you if the fee incentive are correct.I guess end of the day there is no right or wrong answer.…[Read more]

Thank you for sharing the tips

Hi,many fund manager/ investment manager ( such as superannunation fund manager) use investors money to purchase commercial property. this is not new, but as above mention, over 20 people you need to comply with all the ASIC requirement.it is a good way to start, but if you think about it, many fund manager already doing it, and most of people…[Read more]

Hi Freckle,I really appreciated your research, stat. and opinion?I am here just wondering where do you live ? what kind of car do you have? how many properties do you have ?also if OZ property market collapse what will you do ? ( what will you invest in ? or where will park your money ?)more, in next 3 years which asset class will you invest in ?

Hi Danny,don't worry about the department in council, they will direct you to the right department. Just ring up the local coucil and give them the address of the property/land you wanted to know. The local council is generally very helpful to tell you these kind of general questions Taylor

wow I am really interested in what you guys saying now !!I think end of the day if you scared of the big crush, then sell all your properties ….. then end of the stories.if you want to be in the property game then stay on !  always have boom and burst, it's just part of the property cycle : ) i just enjoy the roller-coaster ride  : )

Thank you for sharing : )

If you want to loss your money go to them !There are more rip-off stories than successful stories came out from their clients.I used their service before and all i can say they are very deceiving and disgraceful. if you have a lot of money in your pocket, then go and loss some by dealing with them……………

Hi JamieI have property manager managing for me.But I doubt PM will really do anything about it……Thanks Terry

you can buy any kind of investment to loss money and lower your tax. then you will pay low tax !take a extreme example, if you don't work (make money) then you don't have to pay tax ! Some people don't make any money, and just apply for society welfare ! BUT why will you want to do that ?  just like Terryw says buying a property for tax reason is…[Read more]

Good to hear the good news from you and the kids !!! Good luck for the future !

Hi Cg,Sorry to hear about your story,I don't have a property for rent. sorry….But try gumtree.com.au, there are many private owners who want to rent our their properties without going through real estate agents, and if you can provide and prove your income and rental history. I am sure there is a property owner happy to rent out their place for…[Read more]

Thank you please also email me too scchang@statestreet.comThank you Taylor

Hi Jason,I think, first of all, you REALLY need to know what your goal is.without a goal, it's very hard to help or comment on anything.wether is buy a house or unit, i guess it's second question.for example a goal can be achieving $110,000 passive income in 20 years time, or own 10 properties in 10 years time. or even you just want to buy a house…[Read more]

This is great thank you for sharing

I guess you can have some kind of option for money partner to choose.some people like % and some people like to have a certain fix amount.So i guess is matter of negotiation.I never really done any development before, but i guess if you give a option, more people will come to you then you can negotiate a better term and condition for the most…[Read more]

Hiwelcome to the forum !I think you should speak to  a finance broker to see how much you can borrow.as Luke said stop paying money into the mortgage, instead put into offset account. Once you have idea how much can you borrow, then you can start to look for the property within the price range. I think it's a starting point.I hope this will h…[Read more]

in general, the fee ( solicitor, stamp duty, …) is about 5 %-6% of the purchase price of the property . eg. property price 300,000 then 15,000 is the cost involved to purchase the property (5% *$300,000 = $15,000)on the way out (selling property ) is about 3%, which is about 2%-2.5% agent fee + legal…. eg, sold  price is 300,000 then $9,000…[Read more]