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  1. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    Thank you for comments, they have been noted.
  2. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    Those properties are not all one buyer's acquisitions. The values come from bank vals on completed properties plus the recent sale I listed. I gave the full address if you want to cross check the sale price.
  3. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    Biz, I would have told you to call your mortgage broker, I'm a buyer's agency. We give property investment advice not lending advice. 95% of the clients we see are borrowing with CBA. They have stopped according to the updates we have been given by the brokers working with our clients. keithj...
  4. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    I may be wrong about nobody, but my guess is the pressure will be on all the banks to tighten their lending shortly.
  5. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    ---Quote (Originally by Mark Coburn)--- But when interest rates rise, I'm planning that my clients won't be forced sellers. I'm not paid to be adventurous with my clients money, I'm paid to give them good advice. If you think i'm being conservative, you should speak to their accounts and...
  6. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    Your both right! But when interest rates rise, I'm planning that my clients won't be forced sellers. I'm not paid to be adventurous with my clients money, I'm paid to give them good advice. If you think i'm being conservative, you should speak to their accounts and financial planners.
  7. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    One off high loan to value ratio's are one thing, but I said as a "strategy" I wouldn't recommend it. Never the less high debt does increase risk and I'm all for reducing risk as a principal. Any level of debt carries some risk and I've seen too many financial train wrecks to be complacent...
  8. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    Here is a few purchases that I have bought in the North Lakes LGA with a resent sale to compare to. Address - Purchase Date - Purchase Price - Current Valuation - Approx.Capital Growth - Type Mannikin St Griffin - 12/2013 - $411,000 - $484,000 - $73,000 - House 4BR, 2Bath on 448m2 Swallow St...
  9. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    LeoT, you live in Sydney, why don't we meet up and talk about this over a coffee and I will show some actual sales data to back up what I am saying. My number is below.
  10. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    Somersoft PIA. Here is a current set of numbers for North Lakes. We use Somersoft PIA because we know the calculations behind it are correct: https://www.dropbox.com/s/4spryjzl18wu2jx/Griffin_Lot24_Analysis_20150218%20-%20100%25%20-%2085k.pdf?dl=0 NOTE: the 6.72% interest rate is an...
  11. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    If new is sold at a premium why are all the new properties we are buying for clients positively geared after tax with 100% debt? Why are all the House & Land's that we are buying for clients valuing up by over 6% at completion? that's 6% capital growth over the Land + Build contract price...
  12. Mark Coburn

    Best estate for CG and Cashflow in Brisbane and surrounds.

    New? New has many advantages over used, but if you really don't know what you are doing you can get burnt. But don't scared off by the doom and gloom crowd there is easy money to be made investing New. New has Stamp Duty on the Land only and not the house. New is easier to rent because...
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