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Yep.....a great asset protection strategy also...the ambulance chasers will have no idea if you own most of it or just have debt! ;)

There is the answer...if it is not covered ...you have no protection...one of reasons why you need to keep it across multiple banks. Harder for them to take on other banks....

I am presuming the would not be covered under the Credit Code?

Not comparing which is the better strategy...but about margins. I am in the midst of this decision now....do I do a double story vs a single story. My brain tells me single for maximising profitability...but the heart says double. Such is my dilemna. I have seen to many people take the...

Yes ...buying well is VERY important....the other is as you point out have the money to cover via offsets. I am doing this on some of my purchases as the land will not title for 6-7 months. The buy and hold is safer in the sense once you have bought it and so long as you service your loan you...

Yep...vive le diffrence...... I am just an old and crusty collector..... :)

OK...just that in 2012 I picked up a 3x2x2 T/H in Wyong which WBC took off a small developer who was building three. How do you manage the end cost? Building T/H and Units is very different to H&L packages...any case I am sure you have done you due diligence.

Scenario...what happens if there is a problem with end values on the development and none of the products value up?? Can you afford to sue the buyers enforce the breach on their side...and stave off the banks?

Yep....and when buying off the plan ensure that you also pick a developer who is financially solid....banks are know to pull funding mid way through if they feel the market is going to get ugly an cut losses...:D I feel the low risk approach is not to develop but to flog the development...

The term is tighter than a frog's backside......;)

Yes some parts....but if you differentiate your products it is okay. I just rented mine which completed in April for $390pw....this was a small 17 sqm house on 284 sqm. I personally think interest rates will start rising from late next year. People will be caught unaware.... I have seen...

Bubbles are created in certain markets...there are markets within cities... There is a bubble forming in some parts...but not all. As always ...the property market is cyclical. Some people always think the property market will crash. Sometimes they are right but not always...

Its already done that Sind1...