Tom replied to the topic Where to start? in the forum General Property 5 years, 1 month ago
Hey guys, for those following this post I have written another post analysing a real estate deal. You can read it here – https://www.propertyinvesting.com/topic/5056137-analysing-the-deal-2/
Tom started the topic Analysing the deal #2 in the forum General Property 5 years, 1 month ago
Analysing the deal – number two.
In this overview I will talk through a property I did purchase. For future readers this overview was written in September 2019.
You can read an analysis of a property I didn’t purchase here https://www.propertyinvesting.com/topic/5054913-analysing-the-deal/
The house is a 3 bedroom house, 1970’s build. In the e…[Read more]
Tom replied to the topic Over 55's Complex – Deal or no deal in the forum General Property 5 years, 1 month ago
Thanks Ian, having now purchased 2 of these units (over 55’s), a 3 bedroom house and a 2 bedroom unit (in a little complex of 12 units) over the past 2 years, I think it is important to diversify one’s real estate portfolio. The over 55’s get a higher rental yield, and these older tenants pay on time and are really the best tenants, they really…[Read more]
Tom replied to the topic Investment Detective Replacement Software in the forum General Property 5 years, 3 months ago
I just use an excel spreadsheet. The investment detective software no doubt has a bunch of lines that you fill in (itemising costs etc). If you just list these lines into a spreadsheet you should be able to provide your accountant with the same information you already provide them.
Tom replied to the topic Where to start? in the forum General Property 5 years, 3 months ago
I have outlined my process of analysing an deal in the following discussion https://www.propertyinvesting.com/topic/5054913-analysing-the-deal/
Tom started the topic Analysing the deal in the forum General Property 5 years, 3 months ago
How to analyse a deal is, well, a big deal!
No doubt there are as many methodologies as there as investors. I will outline the process I undertake on a property that is on the market now (July 2019). (Listed at https://www.realestate.com.au/property-house-qld-dinmore-131286374)
This house is a solid brick, 3 bedroom, 1 bath, 1 carport on 550sqm…[Read more]