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  1. E

    How do you keep purchasing properties?

    It can be sold at any time during the 10 years that it is eligible for NRAS, as well.
  2. E

    How do you keep purchasing properties?

    As suggested, there is no "lock in" period, and if an investor sold, they can sell two ways; 1. to another investor - and that investor can elect to either take up the remaining term of the 10 years or; 2. to a non investor- and the NRAS Participant ( consortium) can either cease operating...
  3. E

    How do you keep purchasing properties?

    Keep in mind that the 10K "cash loss" for each property was not from income ; it was funded by equity if you utilise the structure I recommend ( borrowing an additional 10K buffer from equity for each property)
  4. E

    How do you keep purchasing properties?

    If a person earns 100K, and were to purchase 4 X NRAS Properties, and each property were to produce a pre tax cash loss of 10K plus an additional 10K deduction for depreciation , this is a simple overview of how it would work. Please note that I have not accounted for variables such as private...
  5. E

    How do you keep purchasing properties?

    Because you can only claim the federal component of NRAS (75% of the total) using this method, which of itself isnt problematic I guess. It's more the fact that it introduces temptation. Easy to spend the $600-700 monthly refund and not notice it. At the end of the year you wonder...where...
  6. E

    How do you keep purchasing properties?

    You can approach me offline /via PM and I can show you NRAS properties. Happy to provide you with some examples of NRAS properties where valuations have been at contract price, and in good quality locations. Nundah QLD Alderley QLD Windsor QLD Zillmere QLD Brunswick VIC Ringwood...
  7. E

    How do you keep purchasing properties?

    Round 5 was scrapped in the budget. That effects the final 10,000 incentives only. But the original 40,000 from Round 1,2,3 and 4 were not scrapped. Almost 18,000 incentives from Round 4 are still to be delivered, between now and June 30,2016.
  8. E

    How do you keep purchasing properties?

    If you have a 20% deposit, you also have 2 x 10% deposits, provided you have the necessary borrowing capacity to buy two properties. ie. 2 x NRAS properties at 90% + LMI. This obviously means adding the LMI to the loans, which makes the cost of the purchase a little dearer, but it also...
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    How do you keep purchasing properties?

    Yep that's the ugly side of property investment companies who stitch people up using cross collateralisation to hide price gouging. That has been happening long before NRAS though, and will continue to happen long after NRAS. It's not an NRAS specific issue. As I have said repeatedly, NRAS...
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    How do you keep purchasing properties?

    There are multiple, multiple posts on here where all those questions are addressed thoroughly. When you go looking for a reason not to do something, it's easy to find one. Read the posts, understand the advantages , the perceived ( but very often incorrect ) disadvantages and decide whether...
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    How do you keep purchasing properties?

    No, that's incorrect. I insist on a 10K buffer in every transaction. I think you may have missed that point. It makes all the difference. It's there for a very simple reason - to make the model as self contained/ recession proof /unemployment proof as can reasonably be achieved. If you lost...
  12. E

    How do you keep purchasing properties?

    That argument fails to cater for interest rate rises and a lack of , or slowing of growth in response to interest rate rises. Naturally CF+ properties today , based on the lowest rates in our history, may not be so CF+ with a 1 or 2% increase, if that were to occur . The laws of probability...
  13. E

    How do you keep purchasing properties?

    Hi. I've written extensively on the concept on the forums, so you can read through those posts if you prefer, but I'll take you back through it here. The concept is this; take dormant equity that is laying around doing nothing - neither costing you money, or making you money. Invest that...
  14. E

    How do you keep purchasing properties?

    Individual circumstances ( income, debt levels etc ) and you're willingness to pull the trigger (instead of being paralysed by pickiness) are the two primary things that will determine how quickly you can grow. And a bit of luck doesn't go astray either .... i.e catching a quick growth cycle -...
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