You will generally hear leases priced in per square mtr. eg $100/m2 So if the building is 300m2 your rent will be $30,000 pa + outgoings (outgoings are body corp fees, rates etc).

After doing research on sales price history of the one you are looking at and also many others nearby and the info you get from…[Read more]

Never heard of them. The look of their site doesn’t instil much confidence though.

I just used the accountant I use for my business to set up the SMSF company/trust etc. You will need to get a financial planner’s approval and it is a fairly expensive process. Approx 20K by the time all the professionals and red tape invoices were paid.

Terry summation is correct about the process and it can be a daunting but…[Read more]

The corridor between Brisbane and the Gold Coast has a lot of new development but is also very popular due to people being able to commute to work in Brisbane while being close to the Gold Coast’s surf, sun & fun. There is also a lot of commercial property development happening between Brisbane and the Gold Coast which will, over…[Read more]

There is a huge amount of personal variability in IP desire, agenda, methods, circumstances, situations, goals, ambitions, expectations etc. I get that. In addition, I agree that the opportunity is open to all, and it’s also even nice to suggest that this offers hope to those who sacrifice and work hard etc. But I reject the premise…[Read more]

So we have this business owner. Let’s call him “Jonny Badboy”. The business is earning money and is going…[Read more]

So we have this business owner. Let’s call him “Jonny Badboy”. The business is earning money and is going…[Read more]

You are correct in everything you said, especially the last part about suitable properties being very difficult to find. But they are out there.

You just need to keep your eyes open, know what you are seeking, invest wisely but most important be ready and willing to act when you find the right one(s) and this strategy…[Read more]

I have lots of other, more positive stories, and may share or comment more here.

But, as I am so busy running a small business managing staff etc etc it is very difficult to find the time. But seeing as I am currently in that happy place “between” property investments and don’t have much “on the go” I might be able to find some time…[Read more]

Your definitely right about one thing. The long posts would have lost almost all readers.

1. The $100,000 arbitrary income figure is simply the rental income from 5 “average” Australian properties:- approx $20k per property or $380 per week per property. It is also the annual income figure I used to represent “financial success”.

2. Using the historical purchase price to calculate rental yield is wrong. Any accountant…[Read more]

Almost no one touting that property investing is the way to go asks this very important question. The starting point to work this out is asking another question “How many investment properties do you need to classify yourself as a success?”…[Read more]

Almost no one touting that property investing is the way to go asks this very important question. The starting point to work this out is asking another quesiton “How many investment properties do you need to classify yourself as a success?”…[Read more]