A couple of ways to look at it. One is to look at how you found it and see if you’re just falling for a bunch of marketing tricks. Given the really big range of ‘potential’ rent, then I would immediately be concerned. Just check what the similar places are renting for now and see if it’s even in the ball park. Speak to a different real estate…[Read more]

Do both. Cut the branches over your property and speak to a resident.

Hi.

I can’t help with the majority of your questions but I’m interested in what people say. The obvious problem is having 4 people involved means more issues moving forward, loss of income, separation etc.

The business idea is interesting but I’m not sure how you’d get loans for property of you’re making a loss, and you’d probably still have…[Read more]

Hi.

I can’t help with the majority of your questions but I’m interested in what people say. The obvious problem is having 4 people involved means more issues moving forward, loss of income, separation etc.

The business idea is interesting but I’m not sure how you’d get loans for property of you’re making a loss, and you’d probably still have…[Read more]

Hi.

I can’t help with the majority of your questions but I’m interested in what people say. The obvious problem is having 4 people involved means more issues moving forward, loss of income, separation etc.

The business idea is interesting but I’m not sure how you’d get loans for property of you’re making a loss, and you’d probably still have…[Read more]

Negative gearing has been scrapped before in the 80s. Many different opinions on whether it was responsible for rent increases. I suggest you do your own research and form your own opinion.

Not enough info. My personal opinion is that Brisbane is improving overall so you’ve seen the worst of it. Whether or not your particular place will go up,I’m not sure because you haven’t given enough info. But you’d expect the valley to be ok since it’s pretty much the city.

I’m not a lawyer or a real estate agent, but I’d say your obligations are to provide a safe and habitable house. This does include things like running water, toilet, shower etc.

So, will the bathroom last to October when the lease finishes? If so, maybe just wait it out. If not, stop guessing and get some quotes. From memory and depending on…[Read more]

I’m not a lawyer or a real estate agent, I’d say your obligations are to provide a safe and habitable house. This does include things like running water, toilet, shower etc.

So, will the bathroom last to October when the lease finishes? If so, maybe just wait it out. If not, stop guessing and get some quotes. From memory and depending on what…[Read more]

I literally rely on the numbers. For each option, Previous capital gain, future capital gain, rental return, maintenance costs, potential capital improvements, future infrastructure etc. Then I decide based on that. If I can’t afford one now then I look at opportunity cost. For example if I need $40k more savings but the property is likely to…[Read more]

I literally rely on the numbers. For each option, Previous capital gain, rental return, maintenance costs, potential capital improvements, future infrastructure etc. Then I decide if that. If I can’t afford one now then I look at opportunity cost. For example if I need $40k more savings but the property is likely to go up $40k before I save it…[Read more]

How much is the unit worth? Ie. How much equity do you have?

With the $200k, $80k in the offset (or is that part of the $200?) and equity you’re probably in a very good situation. If serviceability is high you’re certainly in a position to buy multiple properties if you choose. How are you using your money now? Is the $200k just sitting in an…[Read more]

How much is the unit worth? Ie. How much equity do you have?

With the $200k, $80k in the offset and equity you’re probably in a very good situation. If serviceability is high you’re certainly in a position to buy multiple properties if you choose. How are you using your money now? Is the $200k just sitting in an account not doing much? Or is it…[Read more]

Zen check out the allhomes website as they have reasonable research data for the ACT. From memory capital gain for apartments was horrible and mostly in the civic / gungahlin area. Houses were ok, but again in established gungahlin areas (palmerston, ngunnawal etc). So for OTP apartment in tuggers… no way. No chance. Never.

Zen check out the allhomes website as they have reasonable research data for the ACT. From memory capital gain for apartments was horrible and mostly in the civic / gungahlin area. Houses were ok, but again in established gungahlin areas (palmerston, ngunnawal etc). Just don’t do it.

I live in canberra and I would not be buying an apartment here at all let alone off the plan. To be honest, for the same price you could get a house in Brisbane. I’d go with something like that.

Hi Vardy

Looks like you’re getting plenty of advice. I’ll just add that CGT is only a problem when you sell and you can gain access to that equity as well through LOC’S etc which are tax free. So it’s not just extra rent you’ll get. For example if you’re positively geared you can get a LOC against the property for $X (say 50% of the equity…[Read more]

Have you considered depreciation on the ppor as well? Is the positive cash based on 90% interest? After 2 years what would they LVR be based on your expected growth? What is the actual value of the property now, for example of it’s $1m and you’re expecting 10%+ growth that’s $100k a year while being positively geared. It’d like to make $100k a…[Read more]