dellas .. the good news is there is no correct answer where will be the BEST invest.property remains a social transaction. So there are things you must look out for .. and keep in the know with.One big development thats on the go is the development of the secondary deep port facility in Hastings. Thats a big drawcard and the land and units around…[Read more]

Welcome to the age of the internet !Anyone who spends time between dealing with banks for the exchange of funds deserves to exist in the 20th century.A while back when i was living overseas .. i needed money badly. I asked for a transfer of $US 200 dollars. The bank at the Australian end docked $20 .. the bank at the foreign end docked $20 .. and…[Read more]

emptyvessel wrote:
Can someone define the term "over-leveraging" for me? I hear it alot, but nobody ever seems to quantify it. And if it is quantified by a number, does that number change based on other conditions or is it a cosmological constant (or fudge factor0?

You expose yourself to more debt than you can possibly handle on the premise…[Read more]

The best thing that an agent can do for an investor who is trying to add value to a property is mis-advertise a vendor's property or not cover its true potential in the advertisement. Sure its not working in the vendor's best interests, but as an investor .. is that MY problem???I've had agents write about how the house 'needs love' and its an…[Read more]

You arent the first person to stumble across these delightful Moree properties. I was aware of them when they first tumbled onto the market several months ago.Do your homework on them. And then you'll realise that the risks vs returns scenario is a lot more risks than returns.The excuse used by the landlord is he evacuated the property for serious…[Read more]

This is the market falling properly without any fiscal backup.Realisticly this is what it should have done in the first place. But most countries spent to prop up their credit worthiness. Now most countries just dont have the money flows to backup again.This produces an 'honest' crash. And thats actually a good thing.It means there will be a…[Read more]

Lets put a little bit of realism on this whole interest rate scenario.The inflation rate well and truly exceeds anything put out by the reserve bank in recent years. I dont know why they bother even to stick it out there in the wind. Maybe people are impressed by flagrantly dishonest numbers representing an economies true level of growth and…[Read more]

EvoCities is an ongoing campaign to breathe life into cities which are suffering due to current loss of industry and population. So there has been huge incentives created to move these cities forward with the whole EvoCities concept.It means that the cities concerned have problems to start with. They have good returns at the moment explicitly…[Read more]

bumskins wrote:
There is no way the CGT exemption for PPOR should be removed however. When you sellup you would be taking a big step backwards, and may not even be able to afford to buy the same or like property if the market has moved alot.

Oh no .. the CGT exemption is an assumed RIGHT by now for most Australians. If you mucked around with…[Read more]

I'm always laughing at anyone who spooks investors with the sheer stupidness of negative gearing abolishment.Ok .. so now you've gone and abandoned any incentive for people who with their hardearned invest in property so you can rent it out cheaply and have spare cash.So now you are left with a situation where the market is no longer supported by…[Read more]

dellas, the first important thing is any property you get .. put it in your name. I know the situation may be perfect now, but I was warned off doing it the first time i got property, and the 'perfect relationship' lasted another 9 months. So first part, stick any property in your name. If you start doing larger scale investments .. head to a…[Read more]

Answer is quite simple and logical.Your PPOR is the one which will (at the moment) be CGT exempt. So any money you pour into your PPOR reduces your ongoing interest liabilities, saves you money and time on your mortgage, and because its CGT free .. adds to your pocketbook wealth.Your IP is geared so that your major achievement is what you DONT pay…[Read more]

Hawko,It all really depends on your current job situation. With a half million inheritance and NO income schedule .. i'd suggest making the next step to be an income producing property. It would leave you with a situation where you can quote to a potential lender a fully owned (or near fully owned) asset, and a residual income that you can use for…[Read more]

The correct answer is to assess your reasons and your expected motivations for any driving force in price.St Kilda is now a very established suburb .. with strong prices .. strong facilities … great demand and prices to reflect that. As I keep saying .. the majority of property price movements and increases are SOCIAL movements too. So the…[Read more]

Without quoting you WomeninPropMelb, I think you are right .. to a point.The biggest mistake .. is that everyone aims for negative gearing just before a burst of inflationary pressure takes hold. And thats what the markets and the monetary cycle is geared up for right now. So what sounds like a good option 70% of the time is NOT a good option…[Read more]

Hi aturner,You are one of the first people i've seen here for a while who actually has the right placement to do something serious with your possibility for investment. You've got a good job (now) and you got minimal expenses.If you're playing it like anyone else who is young .. you will spend it on loose women .. fast cars .. and .. trinkets. And…[Read more]

It will all bounce back in time. What we have now is the feedback effect from the disaster of 2008. It just means that the capital flows will be muted until everyone feels safe again. Which may take a couple of years at least.But historically speaking .. by the time your kids go looking for property .. it will be hard to find a decent property all…[Read more]

Anthony_Black wrote:
  Over the past few years, I have been to seminars and done some research online, I’ve met with a few bank mangers etc. Essentially, they tell me I don’t make enough money to get another investment property, this has pretty much zapped my progress/confidence and then there’s always the interest rate rise concerns (which…[Read more]

I think if you are doing things properly you should be seeing your property investment as your potential future over and above your income.Thats the absolute answer. And for that it wont make a difference whether your kids are 4 or 40. If you want to run things so that you are prepared to make an asset base, you start as soon as possible. You…[Read more]

One of the things you will always have to take into account with property is that you should be in it for the right reasons.I happen to have had the insight of working with my father .. who has had a consistent investment in property for over 50 years. And one of the things he does (and he's VERY conservative on property) is buy when the timing is…[Read more]