Hi Mark,The usefulness of super depends on your age and investment horizon, as well as other factors such as your current net asset position and income. It is a lower tax environment for many people and there are numerous startegies that can be used, which include placing money into super, either deducted or non deducted, which can lead to very…[Read more]

In terms of finance you can fund a 3 unit development with either a residential facility or a commercial facility. Residential is cheaper and you can potentially borrow more money if you can get it mortgage insured, but you have to meet servicing requirements for the peak debt and make monthly interest payments. Commercial lenders will lend you a…[Read more]

Wattoette wrote:
To APerryI found Jennie Brown on the net like many others…..The mini course that she is sending me each day is a very short paragraph on a different subject each day, not a lot of info really…….Same problem though, how do I tell if she is really legit before I go passing over all my personal financial information….It is…[Read more]

jerkygirl wrote:
HiI wont comment good or bad, but I will tell the facts. Almost one year ago, my partner settled on a property in Atlanta using 888 and Top rental returns. The property was marketed as a nice townhouse in a family area. A year on, and still no tenant and the recent change of property manager gave the report that he was too…[Read more]

Wattoette wrote:
Thanks everyone, I appreciate your feedback. I am in the process of doing Jennie Brown's 9 day Mini course in Property Investment and I am finding this helpful, I still have a lot to learn though.I understand what you are saying about mentors, but would still like a more proven track record on a business before I start to give…[Read more]

I have clients that are mentored by Nigel who posted above, Jennie Brown and RESULTS. I wouldn't hesitate to recommend any of them. All are different, but all are run by people with a lot of experience and good ethics.RegardsAlistair

I'd be interested to know what LVR's and rates LoansUSA are getting for their clients.

white_goodman wrote:

Nigel Kibel wrote:
That's right we find properties before they are forclosed. We take them over and part of the deal is that they have to leave the note or mortgage in the property. So in most cases you are taking over a property worth between $120,000 and $140,000 that will cost you between $20,000 and $30,000 with an…[Read more]

Hi Kev,It's good its in Melbourne, you have a number of good non bank options for financing it. I'll respond in detauil to your email, but basically you will be able to get 70% of end value (inclusive of GST) if you presell one unit, 60% with no presales. Banks will offer you 80% of costs exclusive of GST as a maximum.RegardsAlistair

Hi All,Something Nigel should emphasise more is that the properties his clients are buying come with loans in place that are assumed by the buyer (something you can't do over here). One of the major issues with the US, for Aussie Investors, is the difficulty of financing properties on decent terms. <Moderator: delete advertising>RegardsAlistair

Hi Kevin,If you post up a summary of the numbers for the the thgree unti development, i'd be happy to give you some advice. If you have a decent margin in the project then capitalising interest is not a big issue, it actually makes construction projects easier to fund as it removes servicing from the equation. Otherwise email me at alsistair@perryf…[Read more]

You can still fund student accomodation, just the options have reduced. We got an approval on a bulk purchase earlier this year of over 30 in one hit on pretty reasonable terms, and havce financed some individual ones recently without too may issues. It really comes down to the strength of the borrower.RegardsAlistair

Hi Neil,The broker is not based in Sth Yarra by any chance are they?There are a lot of brokers that ask for large upfront payments, claiming they are for the lender, after issuing an expression of interest. If they have not disclosed who the lender is you can be pretty sure their isn't one. I suggest you ask them to disclode who the lender is and…[Read more]

jdesil wrote:
Cashflow Capital Pty Ltd cashflowcapital.com.au, what can people tell me about this company, does anyone have any actual experience of using this company as a buying agent, I would really like to hear about anyones experiences with them?Cheers

Hi Jdesil,Cashflow Capital refer all their finance equiries to my company, so i have a…[Read more]

Hi David,Yes i have a client who has a business matching builders with land owners who need equity to get their develoments over the line. He is in Europe fore the next couple of weeks, but if you want to email me your contact details and some basic numbers for the prospective project I'd be happy to get him to contact you. You can get me on…[Read more]

Leverage is a major issue for Aussies looking to invest over there and can really kill returns. The thing that has most impressed me with what Nigel is doing is that his clients are assuming existing loans, often at pretty low rates so the prospective returns on capital are quite high. You can probably find better rental returns elsewhere, but i…[Read more]

lucigoosey wrote:
HelloI have been sitting and reading about the US market for hours, seems that there are ideas and theory's every where you look. I did some google searches on things such as "Best vacancy rates" "Growing US population" "Rising vacancy rates" etc etc.So some of the cities that keep popping up on the good side areSan…[Read more]

Hi David,Where is the project? There are plenty of builders who will take equity in a project if its a good one.RegardsAlistair 

lucigoosey wrote:
Funny thing this US investment, everyone has a totally different opinion of where to invest. Why doesn't anyone talk about areas such as San Fransico, Oakland, Memphis, Seattle As an outsider these areas seem to be very solid and they have cheap property's as well as forecolures aswell any thoughts experts?

I'm sure there are…[Read more]

Hi Nadaimee,How old are you? The reason i ask is that the nearer you get to 55 the more useful super becomes as part of an investment strategy. RegardsAlistair