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  1. 8

    Where/what would you buy with $50K

    Where or what would you buy with $50K. Strategy is simple - to hold it for a very long time. To buy cheap and watch it really boom in value. Would you buy masses of acres in a rural area ? or a normal sized block in a rural beach area... REAL EXAMPLES; Or a 650m2 block one road back...
  2. 8

    Cost of building just one townhouse !!!

    HI there, We have a large block - 696 m2 and are looking to build a townhouse in our backyard. We would create a separate title for both residences and ultimately sell both. The house we live in is in very good nick. Just wondering what we would expect to build a 3 bedroom townhouse with...
  3. 8

    Saving our IP from sale.....

    I'd love some advice on the following... My husband and I have a combined super of $250K in traditional non-SMSF accounts. My husband gets 20% return a year on his super. We will retire in 15-20 years respectively. We have one IP (a unit) which is mortgaged at $247K. It is currently worth...
  4. 8

    Getting pos cashflow from 5 acres and a house

    I like lateral thinkers and enjoy a little lateral thinking myself.... I was looking at a property in Harcourt Vic with a nice period house made out of timber and stone, 5 acres, sheds and tank water with fenced paddocks. It is selling for around $390K. What sort of rental income or "use...
  5. 8

    Corporate tenants - urgent advice !!

    Has anyone had experience in leasing their unit to a corporate tenant ? We own a unit close to Tullamarine Airport and the City - attractive and fairly modern and medium level finishes - 2 bedroom. If we can attract a corporate tenant as opposed to an ordinary tenant we could get this unit...
  6. 8

    Capital gain or accumulating more than 1 IP

    Hi all Just having second thoughts about a sale. We have 1 IP - a unit that was purchased for $185K in 2001 which is now valued at $350K. It can be rented out for $300 if we want to at the end of the current lease in a couple of months. Problem is it is heavily mortgaged and we are only...
  7. 8

    Accurate measure of borrowing capacity

    I'd like to know if anyone can tell me precisely how you can measure your borrowing capacity ? I've found the usual calculators on the websites don't take into account tax deductions etc....and therefore don't assist. Any brokers care to comment ? Thanks all.....
  8. 8

    colouring floorboards dark brown

    Hey all I am thinking ahead to one day when we get to do a grand renovation of our PPOR (such wishful thinking). Anyway - I have seen a few properties in magazines with dark brown polished floorboards. I think this is the start of a new trend and it looks really beautiful and sharp with...
  9. 8

    Knocking down residence, building twnhouses - advice please

    We are looking at the possibility of knocking down or removing our weatherboard house (house and land currently worth around $650,000) and building 4 townhouses (696m2) to sell for profit. We are assuming construction costs of 4 townhouses to be $200,000 each - they would DEFINITELY sell for...
  10. 8

    Solutions to funding negatively geared property

    We have a negatively geared investment property where the yield is only 4.9% but we are trying desperately to keep it because the capital gain has been worth it. I say "desperately" as we are paying off our mortgage and the second mortgage to the negative geared property on one income...
  11. 8

    Property in self managed super funds

    Does anyone know if you can do the following: We have an investment unit which is too negatively geared for our liking - however the capital gain it has already received is a big plus for keeping it. We are thinking of putting it into a self managed super fund in order to increase equity...
  12. 8

    To Depreciate --OR-- Not To Depreciate !!!

    We have a 2 bedroom IP that we are claiming depreciation on for blinds, airconditioner, etc. The IP was built in 1998 and as such I don't think qualifies for depreciation of Capital Works, yet I've read from another famous property investor that you should be able to claim depreciation on the IP...
  13. 8

    North Shore and Werribee South

    Would you buy residential right now in North Shore Geelong ? Would you buy residential right now in Werribee South ?
  14. 8

    Would you buy 1 street from waterfront but.....

    Would you buy a very well renovated property in North Shore Geelong that was 1 street from waterfront, but located between industrial areas (with about 2 streets either side buffering from industrial). Is Geelong slated for a big price hike because of bypass ? Any Victorians would like to...
  15. 8

    Why has noone bought this high yield ppty

    Why has noone purchased the following property: Swim Centre in established melbourne suburb 200,000 yearly rental with 4% increases. Just started a 7 year lease with 3 or 4 further 7 yr options Off a busy main road 3/4 of an acre in Eltham - a long driveway with pool centre on the rest of...
  16. 8

    Your advice please !

    Interesting opportunity - your expert advice please! Hi all, We are a husband and wife team - hubby with great accounting skills, wife with property management background - specifically shopping centres. We are looking at an opportunity at the moment (got it thru word of mouth as it was...
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