Where to invest / what dwelling type /Strategy in SEQ

Viewing 7 posts - 1 through 7 (of 7 total)

DY31779
Participant
@david-young31779
Join Date: 2017
Post Count: 2
December 15, 2017 - 1:10 pm
Hi All,
I’m looking to SMSF invest in SEQ (I’ve focused on Bris but open to anywhere).
I have two strategies in mind:
1: Cash flow: Two properties around 300-350K each positively geared which would be paid off within 5-6yrs or
2: Capital gain: 600K dwelling
Any recommendations on which strategy and where tobuy or open to other strategies.
Thanks
Dave
Luke Taylor
Participant
@world-changer
Join Date: 2005
Post Count: 415
December 19, 2017 - 11:07 am
Hi David
No1 is a possibility but maybe pay less than 350k ??you can potentially get cap growth too this way .
Are u wanting enough cashflow from your no1 cashflow strategy to pay the houses off in 5or6 years from the cashflow alone or will you Inject other funds to help ?
Strategy 2)
$600k house . This would get u closer to the CBD in Brisbane for sure but it would be hard to get neutral or + return
You could go multi unit or commercial possibly too as a consideration?
Luke Taylor | Hope Property Investing
http://hopepropertyinvesting.com
Email Me
Property Support,Strategist and Buyers Agent
Jaxon
Participant
@jaxona
Join Date: 2014
Post Count: 284
December 19, 2017 - 4:19 pm
Good Day Dave,
really big conversation due to loan restrictions for SMSF, also have you set the trust and SMSF up already>?
I specialize in sourcing Cash-flow positive properties for clients that fit there wants.
If you would like to have a chat and I can answer any questions feel free to person message myself.
Kind regards
Jaxon Avery
Jaxon | Jaxon Avery – Financial Adviser
http://www.jpafinancialservices.com.au
Email Me | Phone Me
JPA Financial Services Pty Ltd
Luke Taylor
Participant
@world-changer
Join Date: 2005
Post Count: 415
December 21, 2017 - 2:03 pm
What areas are you thinking dave?
Luke Taylor | Hope Property Investing
http://hopepropertyinvesting.com
Email Me
Property Support,Strategist and Buyers Agent
DY31779
Participant
@david-young31779
Join Date: 2017
Post Count: 2
December 22, 2017 - 10:43 am
Was thinking around the Manly west / wynuum west / tingalpa / or redcliffe pen areas
Luke Taylor
Participant
@world-changer
Join Date: 2005
Post Count: 415
December 22, 2017 - 10:58 am
Manly West is a great spot but not much under $550-$600k these days unless u can do a bit of Reno ing yrself to add value ??
If u bought a 4 bed 2 bath you could get $550-$600p/w rent in this area and good potential growth .
It’s about 17 kms from CBD so median is close to 680k from memory on this product
Luke Taylor | Hope Property Investing
http://hopepropertyinvesting.com
Email Me
Property Support,Strategist and Buyers Agent
Jaxon
Participant
@jaxona
Join Date: 2014
Post Count: 284
December 22, 2017 - 11:33 am
Dave there are many different deals, it really comes down to your end goal and what is the best fit to get you there in a safe and timely manner.
Personally i think the exavt deal matters more than areas, although areas absolutely matter.
As luke has said and myself cbd areas generally yeild less cash flow but “generally” see more captial growth, but in my opinion buying surrouding areas that are set to grow are far more profitable.
Such as Redcliffe or suburbs with good cashflow that are not to far from cbd,
But in regards to Smsf there are a lot of variables and also development deals that have solid returns and masisve tax incentives.
Depends once again on your end goal.
Jaxon | Jaxon Avery – Financial Adviser
http://www.jpafinancialservices.com.au
Email Me | Phone Me
JPA Financial Services Pty Ltd