Search results

hi adamwex , a couple of quick points , I have several comm properties with apartments above and one where im building 3 more residential units over the carpark at the back - the plan is to strata them for flexibility with financing / sales later on. re bank tenants as investments make sure...

How does the pricing work for investa ? could you give me an idea for 12 months? thanks james

Id say you will need 70 % , also allow for stamp duty and legals , one idea is to get the deal done then strata the building into two lots- also check if you are able to build or develop in back yard if there is one. Ive got approval to build a two story apartment in the back of my building in...

You can lodge a dispute via the bank - the valuer should have inspected it himself and I think now they are not even allowed to use photos etc that they have not taken themselves onsite. I recently disputed a val done by the nab ( they always give me a copy when i ask for it) they said that...

it sold for 1310000 - about to settle in the next few days

HI Trogdor, he settled that one in the last month or so - he will probably wait 6 months or so before starting the process again james

, I will put together some of my selling experiences in a future webinar, thanks for the feed back james

just realised that I had missed a lot of posts, hopefully answered all now james

HI Syd , thanks for comments the outgoings for the deal i spoke about (gold coast ) in the webinar was a total of 33k , 27k of this is the body corp fees the balance is rates, the body corp fees are high. Yes just sold the mackay property at auction , I have had a few pms about this asking...

I probably answered this in my other post- it is the right thing to do is to always look at the worst case to see if you can handle that ie a vacancy - your numbers below are common to that price range and a lot easyier to handle should you have a vacancy. I do like the saying "little fish are...

HI , yes good point , the high outgoings are due to size of the building. The guy who bought that one took a lot of time to weigh it all up and felt he was ok with taking on that risk. He also considered other uses for the shops should one or both become vacant ie cafe etc. You do really need to...

ouch ! :) sorry have been away from the office for a bit, I'm answering all now. I do think I take a fair view of investment- there always is risk and this has to be balanced up with the returns etc. Ie if you are getting a higher return , you should consider putting something aside for a...

HI jason , it really does depend on the tenant for any price range and of course you must take into account how much risk you personally like to deal with. james

Hi , They are around , the last two purchases that I have helped with show over 10 net and in fact I just sold a property of mine showing 10.25 % net to the new owner. Of course lots of stuff on the market at the asking is at a much lower net return , where sellers are just trying for the best...

Hi Essentially all outgoings are paid by the tenant- but how they get paid depend on the lease. In the example i used in the webinar the current leases in place are set up that the outgoings are built into the rent ie out of the total rent of 78k there are 39k of outgoings to be paid- in that...

comm returns I often hear the same thing- someone calls an agent who says theres nothing around showing x return etc- dont give up the deals are out there. You might have to broaden your search to different locations james

Here is the link http://jamesdawsonproperty.wistia.com/projects/qhedkiaps8

webinar replay Thanks to every one who listened in last night. I will organise to get a replay online asap. I will post a link here james

Hi , yes will post a replay link in the next few days after the webinar james

HI Everyone, Im running a webinar this on Wednesday night at 8pm: Will be talking about:Why I like Commercial Property. What is Commercial property. My Philosophy of Investing. Steps to get started to replace your income. Positive cash flow deals example : real life. Increase equity by...