FirstinvestmentTo approach your idea of a good investment you need to assess the three main market figures Market DemandMarket PriceProduct saleabilityMarket Demand is literally what is needed in the market at any particular point in time. In a tight market you'll find that even 1br studios get rented and sell because people just need a space. In…[Read more]

py .. you may be going through 'first year jitters'Thats when you purchase a property .. and when it hasnt made immediate gains within six to nine months .. you panic and doubt your decision in the first place.People will tell you 100 times over that property is a longer term investment option and if you want to make serious gains on it you wait…[Read more]

Rent to own and vendor finance are basically the same thing.Instead of the bank playing decision maker on the deal .. the vendor supplies either a line of finance .. a condition of terms or a means of payment for making a property deal happen. It means you have to impress the vendor as to your credit suitability for the deal.For someone who doesnt…[Read more]

Deano the braveheart wrote:
Perhaps there is a need to look at why the engine needed restarting..why the battery was flat in the first instance Xdrew…. Who was the roman who twiddled on his fiddle, whilst rome burnt?…

His name was Nero .. and it remains a false accusation against Nero .. as the fiddle wasnt even invented at that time in…[Read more]

THIS NEWS IS AWESOME !Finally the Reserve Bank is stepping up to reality !!!A couple of points down is JUST what the doctor ordered !Its like a flat battery and using jumper leads to restart the motor .. its what the engine needed !This is big.

Go through the proper channels.It might sound like you are saving a penny but you are costing yourself a pound.A lot of times the tenant will look ok .. and then you'll find out he's done something bad in the past.Sub-letting … trashing a place .. the property manager VETS against these sort of disasters.Getting work done on the property and…[Read more]

For cigarette and urine smells .. wash the walls down with a white vinegar and then steam clean the carpets.

What changes a market .. and IS currently changing a market is the availability of flush capital to stoke the market.The trends .. the norms .. the variables .. all base themselves on the availability of funds to make the project happen.At the moment the markets I was talking about locking up earlier on in the thread HAVE done just that. So .. the…[Read more]

It doesnt pass my 8pm rule.Really thats all that needs to be said.I set these rules because they just seem to work.The 8pm rule is quite simple .. if there isnt a decent nightlife after 8pm .. there isnt a reason for investing there.Its actually quite an important rule because the 8pm rule allows for tourism and travellers .. young and the young…[Read more]

I agree with JacM,I think you have to realise with property is that you buy in one set of rules and schemes and may sell into another. So when I keep saying have a 3% safety range .. i'm not saying it to pump wind.The depreciation schedules are a nice bonus but they are really just that .. and you shouldnt be dependant on them. The biggest mistake…[Read more]

There is no quick fix for starting up your investment other than .. resources .. credibility .. and ingenuity.One will start the others. You can do collaborative projects to share expenses and rewards .. you can do vendors terms on buffing a place up for a better price at sale …All you need to remember is that when the banks go to your record…[Read more]

http://www.ato.gov.au/individuals/content.aspx?doc=/content/36887.htmFrom the ATOs mouth .. the relevant passage and how it works out.6 years .. you can claim as main residence .. as long as its your ONLY residence.

Are you trying to say that Moranbah madness is somehow different from any other miner madness over the period from 2005 onwards?Are you trying to say that the commodities markets dont know what they are on about when they are busy repricing these metals on the markets?Because if you are .. you are suggesting that demand and hype renders investors…[Read more]

simple wrote:
Fascinating replies!On our last company BBQ, I have spoken with workers (over 50ppl). Two where selling, few where regretting that they purchased in the last 3-5 years. None are buying.So it would appear that only some specialty investors are out there doing some purchasing.Interesting times.

I find my best information derived…[Read more]

hornbill,There are lots of parts to say about your current invest.First .. you do realise you have 6 years to be away from your PPOR and still claim it as a PPOR and receive all the capital gains from that? At the end of that 6 years you can either return to the property or sell it. Thats gotta be worth a cracker to you .. you can have someone…[Read more]

I understand your situation, in fact I just had to supplement a cousin that was in exactly the same boat.She had a clean credit record .. unfortunately not enough income on the books to register more than a 15k property loan in total. That wont even buy you a motorboat.So she had a cash windfall of around 100k that came to her all of a sudden. She…[Read more]

Here is my $5 bet to youYou can take ANY student property in the CBD, good .. bad .. or ugly. Come back to me in 10 years. Thats enough time for it to have proven itself as an investment. Barring inflationary pips to push it along .. it will have done absolutely NOTHING.Am i only offering a $5 note on that? Lets make it more a realistic bet ..…[Read more]

Ben.IWhatever you do .. make your next investment where you place yourself in the position of control. A shared concern is great but it means you cant borrow without really divesting .. and you cant sell because you have to vote all affirmative (or majority) to have it sold.The problem with serviced and student is that there is control allocated…[Read more]

KrisLWithout realising it .. i think you've almost answered your own question.You see, my view on property is more simple and specific than most people … probably more due to experience than anything else. And that comes down to what I see the property is going to be used for.I have a friend who invested 1million dollars in a suburb that was on…[Read more]

The best way to look at how to spend your 100k is to look at the overall trendline of the various areas.Dayton Ohio looked cheap to me .. but the overall trend is down.Detroit Michigan was considered crap by a lot of people but if you buy wisely it has an extraordinary upside. Its not dead yet.Atlanta Georgia is a mixed bag. Overall trendline is…[Read more]