would be interesting to know the costings for the reno. sounds like a lot of hard work and money for what is basically a 21 year lease paid upfront. good to see a council being a little creative though.

Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our property development…[Read more]

tip: be careful. Drove past a post office in a decent location last night. My girlfriend tells me it has been vacant for 3 years. brings a tear to the eyes!

Rugbyfan – how would you feel about paying $5 to walk into Liquorland?

I think the concept is bizzare – imagine going to a home open and they had a collection tin at the door. Or you go to a real estate agents office and they refuse to talk to you until you hand over a crisp 20.

I would wait for 12 months so that you can get the capital gains reduction of 50%. Given the construction times recently I doubt you could do it in less anyway. If you do too many of these deals the ATO will regard you as a developer and you won’t be eligible for the 50% reduction (as it will be just operating profit). If this is a one off, by all…[Read more]

I like that idea of the free land for a $20 enquiry fee. basically you are running a raffle without having to buy a licence. always more than one way to skin a cat huh?

surely the properties have sold now and the post can be taken off? I wouldn’t want to be the 500th person handing over the 25 bucks!

Yes but as you will see from this discussion board there seems to be an increasing desire to achieve positive gearing rather than negative gearing i.e. a general realisation that investments should make money not lose it. I am trying to say that people buy properties for different reasons – some to achieve tax write offs, some to generate cash.…[Read more]

sounds like a load of hogwash. i rented out a granny flat short let for very healthy rents for a few years with no problems. who would know (unless you don’t get on with the neighbours?!). i didn’t actually construct the granny flat as it was already there, so just call your local council and see what the guidelines are – I would be interested to…[Read more]

I wish they would abolish it so that I could get a decent yield. Unfortunatley there is very little likelihood of it

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Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our property development partnerships – contact me to find out…[Read more]

Yes, and this is an important point when comparing +ve CF residential to commercial. If you are borrowing your residentials on a low doc basis I am told that you are not able to do the same for commercial.

Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our property development…[Read more]

hmmm I was thinking of Karratha but these comments are making me think twice.

Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our property development partnerships – contact me to find out why our developments are unique. John – 0419 198 856

HAMSTER;

building delays are still shocking over here, so watch out for that if you are in danger of over extending. Good quality developments should still sell pretty well; economy booming etc. Rents aren’t too flash. If you want some detailed opinions, feel free to email me on john@apalliance.com.au.

Extensive list of new Perth property…[Read more]

Is there suppose to be a link here? sounds interesting

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Extensive list of new Perth property available for sale.

Alternatively, become a joint venture partner in one of our property development partnerships – contact me to find out why our developments are unique. John – 0419 198 856

After losing tens of thousands in the last ‘share market boom’ I thought I would venture back with the ALH float. Thankfully it was a flop and I didn’t get an allocation. Was a free reminder for me – stick to whatever you know best.

and how do you guys look at a property which you built for say $100k, could sell for $200k but would pay $50k tax if you sold, so a net sale price of $150k ?

I would say the cost of the property is $150k, but would you guys consider it to be $100k? i guess if you used $150k, then on the same logic you would have to constantly evaluate your…[Read more]

well it happened once when they abolished negative gearing, which incidentally sent rents soaring. Can you please quantify how you have calculated that property is over-valued by 100 to 150%? If you could prove it to me I will liquidate my portfolio today.

There are indeed some interesting times ahead. The bulging US trade deficit and a change of sentiment towards the US $ will most likely see it devalue significantly. The rising aussie dollar will become a political and economical hot potato and will tie the reserve banks hands to prevent them from raising rates too much further. People also…[Read more]

I adopted a similar approach to a property that was neg geared – doom and gloom was abound and everyone was saying the market had peaked, so thought I would be clever by selling out. Unfortunately prices continued racing upwards such that I missed out on a 40% capital gain in 12 months. Several other similar lessons made me vow to forget about…[Read more]

yes it is the one I mean and yes it is definitely being developed with subdivisions and marinas etc all underway. Is being close to Mackay a good thing?
The blocks are around $200k and then you have to build on it…. not sure if thats a lot of money for a holiday home in the Whitsundays with water views. Would be cheap compared to what you get n…[Read more]