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  1. J

    Newbie question: strategy and preparing for Sydney's top

    GRI87, Here is my advise. 1. Check over your body corp and see why its so high, how much is in the sinking fund, and it there are any other big looming expenses coming up. 2. Check with your accountant and see how much capital gain you will have to pay if you sell. Also check on way...
  2. J

    advice needed on first investment property

    Eks, After 25 years in property development and investing, I help people get into investment properties and build portfolios for long term wealth creation. I am also licensed. The property clock has moved to Brisbane as prices a re quite low compared to Sydney and Melbourne. Also interest...
  3. J

    Starter investor seeking advices for investing apartments

    These apartments are in Queens Street Bris CBD. They sound pricy but the location is the equivalent of Pitt St Sydney. The rental for the one bedder will be 500 pw, and the car park can rent separately for 100 per week. I also expect a capital gain before the 2017 settlement. That is the...
  4. J

    Starter investor seeking advices for investing apartments

    2 Bedroom $625,000 1 Bedroom $414,000 (the cheapest one) If I can get a carpark on the $414,000 1 bedder , I am buying it myself. You can PM me if you want
  5. J

    Starter investor seeking advices for investing apartments

    Your thinking is pretty spot on so don't second guess yourself. The Newstaed market is alsomst guaranteed to be overbuilt. But the prices will keep rising. So make sure you can be happy with slightly lower rental yield. Another problem is apartment choice. Those have been picked over pretty...
  6. J

    Where to invest - Anywhere in Aus?

    clarification of "pure investor" Ok Clarification of the "pure investor" comment. The context of the comment was around claire90"s comments. Someone who is looking to only invest money. By money I mean both debt and equity(includes cash). The "pure or passive investor" does not...
  7. J

    Where to invest - Anywhere in Aus?

    Yes Claire90, you are exactly right. A further benefit you can get with property is the tax benefit of depreciation. You use the depreciation as a tax deduction, then use your tax savings toward paying the interest off. This is how the term CF+ gets a little bandied about. After tax cash...
  8. J

    Where to invest - Anywhere in Aus?

    Invest in areas for early capital growth Thats great advice JameZ! Claire 90, I start with location. It is the only true intrinsic value in real estate. Builds create rental returns but eventually depreciate. Jobs grows drives increasing rents and increasing property prices...
  9. J

    Purchasing Property in SMSF

    Smsf set up for property Ive got some great financial planners who can set up and manage the SMSF for property including trustees, bare trusts, Also making sure all the money flows are correctly done. After set up they are charging 1200 per year and take all the problems out of moving...
  10. J

    Buying site unseen.

    Nige, Before I look at any property I research the areas first. DOn't even look at properties until you knoe why. I can give you some location reports FREE so you know what I am talking about. You can PM me
  11. J

    First time investor - Toowong, QLD (4066) / Serra property?

    Brisbane is going to get get overbuilt . However I think prices will still rise even though rental yields will drop.OU NUMBERS There are better avenues for early capital growth. Looking at your numbers, a sharp rise in interest rates and a rental vacancy period could be painful. You...
  12. J

    Time to shop for IP #5 and 6

    How I Invest John, Here is what I do when make an investment in property. I like to buy new. It much more efficient from a management point of view. And you get better tenants. I choose only properties where I can get a early capital gain, at least 10% in the first year. I...
  13. J

    Time to shop for IP #5 and 6

    John, Here is what I do when make an investment in property. I like to buy new. It much more efficient from a management point of view. And you get better tenants. I choose only properties where I can get a early capital gain, at least 10% in the first year. I research...
  14. J

    ADVICE PLEASE re: SORRENTO GOLD COAST

    I live on the Gold coast, Sorrento is a nice area... Its not Paradise Waters Problems with the canals can be, the shallow end where water gets stagnant and sand flies...they all have sand flies. Or a very narrow canal. Faceing North to water is aslo important to keep the house warm in winter...
  15. J

    Student accomodation

    Student Accom I am onto some on the Sunshine Coast...positive return...and with the University enrolment figures on the increase...and they can walk to class. Its like having a coffeeshop outside the movie theaters...the convenience factor. PM me if you want more info. cheers
  16. J

    Perth Property Market updates

    Rockingham potential? Looking at putting some work into 2BR units in Rockingham , under $400k...NRAS. Can anyone advise if this area has capital gain potential in the short term. I am an east coaster and would like to know a local slant on the market there. Thanks!
  17. J

    Perth property listings - under 9,000

    South of Perth Have a few NRAS south of Perth in Rockingham, is this worth spending time on? Low priced 2BR below $400k, But I don't know a lot about the area other than some research reports that say great things. What is the climate like with the mining slowdown?
  18. J

    First Investment Property Brisbane - Am I on the ball?

    Cartoon, Its hard to make clear decisions when you are stressed and don't feel confident. Ive been in both situations, too much tax too much equity, and too much debt. In the too much debt I got too conservative and lost opportunities. Don't over invest so you can sleep at night...
  19. J

    Thoughts on the Sunshine Coast?

    Bullish on Sunshine Coast I am very bullish on the Sunshine Coast. The new hospitals and medical precinct is the largest under construction in the country. It is changes the wages in the area from Beachside , Brisbane outpost to home of doctors, nurses, specialists. Rents are solid...
  20. J

    Thoughts on Richlands, Queensland?

    Richlands can be excellent Here is how to approach Richlands. The infrastructure most exciting is the rail link. So proximity to the train depot will capture the higher wage earning in the city. Product wise, there are some nice new townhouses in Richlands, around $300k. or lower...
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