Your best bet would be to try and find an investor on the ground there. Someone who knows the ins and out of the suburbs etc. Good luck with it :)

Hi San. I normally talk to property managers, other investors in the area and buyers agent in the area. You can get a good idea of what tenants want, ways to boost rent and what to avoid. I’ve put plenty of offers down subject to pest and building. Get the p & b done and than go from there. What areas are you looking at?

Hi Amanda its definitely possible to invest on a low income. Your best bet would be to see a broker who will be able to work out your borrowing power. Corey Batt or Colin Rice from on here would be able to help. From there you can work out a plan moving forward. Are you looking specifically for cash flow or capital growth? You can have both its…[Read more]

I’d imagine he would need to be licensed otherwise your insurance may be voided. I’d do some thorough investigating before hand.

Benny has hit the nail on the head. I literally can’t remember the last time I had cash in my wallet. It’s all sitting in offsets

I’m currently purchasing in Adelaide at the lower end of the market for cash flow and a bit of sweat equity. I think Adelaide will be a steady performer. I haven’t looked much at Brisbane as I think the ship has already sailed for. If you end up looking at Adelaide DT and Corey Batt from on here are locals so maybe pick their brains for…[Read more]

What are your goals? Cash flow short term growth long term security etc

As others have stated offset account is great for having flexibility. Also if you can get to 88 lvr the lmi drops a bit. Congratulations on your first ip when’s the second, third and fourth coming :)

They tend to let these type of things settle and see how it affects the market over a longer period of time. I don’t see a drop happening this tuesay although it would be good :)

Corey Batt from Precision Funding is well regarded from these forums. I’ve used him multiple times before. Hope this helps :)

What if negative gearing gets abolished?

They do legally. Whether they do it is another question entirely :(. Next time it happens let the agent know you will be contacting the owner to confirm they offer was passed on, think of it as a empty threat. I imagine 99% of vendors don’t want to talk to someone especially if they are lowballing. Might kick the agent into gear though, to pass it…[Read more]

There are plenty of opportunities with current interest rates to be cash flow positive with as little as 10% deposit. Regional and Capital city minus Sydney/Melbourne/Perth markets unless you know what your doing. Depends what your risk appetite is though. I personally would split it into as many deposits as possible, more fingers in different…[Read more]

Also if you do buy in your personal name. Make sure you use offsets to help pay down your loans not just putting money off the loan. If you redraw to reimvest it won’t be tax deductible.

Not for that strategy. You can’t draw equity out of a SMSF loan so for example you bought a $200k property p & I in SMSF 5 years later you’ve paid 20k off and its now worth $300k. You can’t access the $120k unless you sell can’t even use it as security for another property. In your personal name you would be able to draw the majority of the equity…[Read more]

Where are you looking to buy regional I assume broken hill/Wellington type areas if normal loans don’t apply? There are plenty of opportunities in regional hubs with 50,000 plus population with cahsflow and capital growth prospects that 10% is no issue. What are your goals in the long run? SMSF are a vehicle for retirement wealth not current…[Read more]

I honestly don’t believe this would be an issue. Besides when its time to sell just ask the agent to keep the address off the advertising. If anyone is interested they would just enquire. Most good agencies state the land size in the ad anyway.