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one thing for sure is you will never be short of tenants... the guys running these ones in moore park report a huge waiting list and multiple applications every day. Makes sense, a 20% reduction in rent on a brand new property would be quite appealling!

Done some follow up on this, ...the large consortiums often have lock in contracts which require specific approvals. The general criteria by the banks, where there is no formal credit policy is that the agreement can be cancelled by the landowner or mortgagee within 90 days and for a cost of no...

wow, 100% @ 5.59%. Add in debt deflation and property really is a rock solid investment

ok a bit more info on this one, it's under the Braal / Ecogroup consortium and their annual fee is $550. the rent is actually $200pw. It is tenanted for 2 years. Each year you must do your own rental valuation which costs approx $280pw. on a comparison this one stand out head and shoulders...

that's the point of this thread... I have access to one if you are interested?? there is no marketeer involved and it will stack up to val

sure, but I still think if you have the equity why accept the lower return? if you don't have it, you can't do it, so yes you do what you can do

sure, but IMO investing at higher than 80LVR is extreme risk anyway. Fuelling up on low cashflow properties at 90 or 95LVR sounds like starting a road trip with 5 bucks in the tank... you'd better hope for some tail winds I would se ethese sorts of things ideal for high income earners that...

although how did you calculate $30k to $50k? The $10k is tax free, so that's $100k, less rent reduction, say $45pw x 52 weeks x 10 yrs less say 35% tax = $15k, net tax free handout from the govt is circa $80k

this is spot on... the property is the same as any other except the governemnt is giving you $10k tax free in exchange for a reduction in your taxable income of 20% of the gross rent IF you buy an apple property and IF you don't pay more than it's worth then I also struggle to see why you...

I think they are good investment and I think they do fly out the door? FWIW I have put some great deals up on here over the years but never had a single successful introduction. I remember being put in my place when I put up house and land in karratha for $300k I think it was.... was only 6...

yes CG potential is one point. this one is on a significant piece of land in a close to beach location. Also the depreciation component between the hypothetical investment and the actual investment... we don't know what the hypothetical deprec actually is? the deduction off of the...

here's one if anybody is keen. * Moore Park Beach, Majestic Palms, Qld * 2x1 house that has been designed to expand to a 4x2 later on if you want * is on about 1500sqm block (need to confirm the exact land size) * rents for $180pw, plus tax deductions and the tax free $9600pa or whatever...