Fundamentally the real problem is not developers, or investors or the banks, but the taxation from 3 levels of government on the development of new land/units. There are 52 taxes charged to developers from project inception to the delivery of a block of land or unit to the market.…[Read more]

I have now built my own tool to establish the benefit for a borrower under this loan product, where all variables can be applied for the individuals circumstances. After spending 8 months building it and now being on the verge of having all calculations fully audited and signed off on by Grant Thornton Accountants (one of Australia’s big 4),…[Read more]

I think Ripehouse.com.au is the tool you are looking for. HTW has property clock information available, however the data published is delayed by sometimes up to 6 weeks from the time the results have been calculated. A lot can change in a market in that period of time, so there is always an inherent risk for investors using this…[Read more]

There are a few fundamental things to look out for and be aware of before you commit to that kind of fee:

1. At what point do you pay the fees for the service? Are they paid in advance to engage BInvested to go “searching” for the property for you?
2. Who defines what under market value is? What happens if you disagree with the…[Read more]

For the information you are searching for I would suggest Ripehouse as your go-to platform as suggested by JBC. I have been in the investment space for a long time and can say that it provides a level of research not available on nearly all the platforms and is very economically priced. The core of the platform is to provide investors…[Read more]

If you were to split the loans and uncross the properties offered as security, the scenario might look this way (to avoid LMI on property B)

Property A
Value – $700,000
Equity Redraw – $200,000
New Loan Value – $475,000
New LVR – 67.86%

Property B
Value – $800,000
Deposit from Equity Redraw – $160,000
New Loan Value – $640,000
New LVR…[Read more]

I would highly recommend Ripehouse (www.ripehouse.com.au) for all of that information. There is most, if not all of what you have asked for available on the site and the results it generates are strictly derived via these metrics for strategies (capital growth, flipping and cash flow).

Yes, we do find investments Australia wide, however we don't cater to the development industry. I have completed $50 million in mixed use developments over the past 8 years, so you can ask some questions and I will most likely be able to direct you to the right place to do some more extensive investigation…

Its a pretty big topic the topic of property investment area research and one where you will have many people tell you their method/data is superior to someone else's. Basically I have done a thesis on property research at Uni, invested in many properties of my own, built and developed around $50 million worth or high rise unit…[Read more]

Its a pretty big topic the topic of property investment area research and one where you will have many people tell you their method/data is superior to someone else's. Basically I have done a thesis on property research at Uni, invested in many properties of my own, built and developed around $50 million worth or high rise unit…[Read more]

Its a pretty big topic the topic of property investment area research and one where you will have many people tell you their method/data is superior to someone else's. Basically I have done a thesis on property research at Uni, invested in many properties of my own, built and developed around $50 million worth or high rise unit…[Read more]

If you are going to set up a subleasing business, you could set one up in the corporate short stay, furnished apartment market. The rates you an get for a Sydney CBD furnished 1BR apartment are around $1,100 per week and from our experience in doing it, they are leased out around 90% of the time if they are furnished tastefully ($15,000…[Read more]

Like everything in life, its pretty easy when you know how it works. I am an excel master. You can PM me and send the sheet to me and I will fix it for you. If you want to try and do it yourself, you will need to use the PMT function to calculate the weekly/fortnightly/monthly payment required. There are lots of variables in calculating…[Read more]

As Freckle said, you will definitely need to do up an accurate timeline of events for all of the issues you have had. I would suspect that the Property Managers would be at risk of having their Real Estate Licenses taken from them by the department of fair trade. Have a look through the management agreement you have with them (should be…[Read more]

Having developed $50 million worth of property I can give you the following information in regards to the sale.

The selling agent isn't the information portal for progress updates on the development as they are 3rd parties that are only as knowledgeable about the development as the developer allows them to be. You have to also consider…[Read more]

Those questions can only be answered by seeing a copy of the contracts you signed for each component of the deal (land and construction contract). The terms and conditions should all be outlined in there for you and have remedies for events like the ones you have stated above not proceeding. Of course if the contract is silent on those…[Read more]

The stats are as follows:

Typical Value
$324,000
Days on Market
93 days
Vendor Discounting
6%
Auction Clearance Rate
56%
Rental…[Read more]

Its a pretty big topic the topic of property investment area research and one where you will have many people tell you their method/data is superior to someone else's. Basically I have done a thesis on property research at Uni, invested in many properties of my own, built and developed around $50 million worth or high rise unit…[Read more]

The only real way to illustrate this is by taking an example and seeing what the difference is. Lets assume the following for the purposes of the illustration (based on your numbers above):

Income – $75,000
Property Purchase Price – $540,000 (House and Land)
Property Rental Income Yield – 5.59% p.a.
Annual Vacancy Rate -…[Read more]

A few others have correctly outlined that the first port of call is ordering a valuation for your IP so you know where you stand if it is sold and what debt you would have remaining against your PPOR.

If you mail me the address of your property, year it was built (approximately), condition of the property (below average, average, above…[Read more]

If the repairs were deducted from the last tenants bond and you have a documented record of all of this (as you have stated), then its pretty easy. Write them a letter stating that they have 48 hours to issue the funds and report to you or you will be reporting them to the Department of Fair Trading. The last thing any agent wants is…[Read more]

There are a few amazing opportunities in the Brisbane market at present, and of course now is a prime opportunity to get in as there are still quite a number of apprehensive people about the region. Fundamentally there are a few extraordinary x-factors that make the Brisbane market a prime target for investment right now and some of…[Read more]

At present you can buy nearly any investment property in any area and provided you earn around $75,000 per annum your investment property will  be positively geared with as little as a 5% deposit. 

There are obviously many variables that contribute towards a property being positively or negatively geared, however the major factors…[Read more]

Using the information you have supplied, in that you have a 20% deposit for each property, you should set up each property with one loan. That is, the security the bank takes will be on that property only. In the event that a…[Read more]

You can also pro rata the annual water rates, council rates and any insurance you are paying on the building for 2/12th's of the year.

I have now developed over $50M worth of property over the past 8 years (including 1 large $23M) and can offer this advice:

There are many skill bases you require before even contemplating development, especially one the size you are considering. Some of these can be summarised as follows:

Negotiation Skills (Most important)
Design…[Read more]

On the face of what you have said, it is categorically a repair and not a capital works deduction. You aren't able to replace the damaged pipe with a steel replacement these days, so replacing it with a copper pipe and claiming a deduction as a repair would be a very unlikely outcome to be challenged by the ATO.

I have quite a…[Read more]

Rental Income – $1,300 per week (3 year lease in place)
Rental Yield – 12.75%
Risks – Commodity prices could decline which results in mining companies putting staff off in an attempt to reduce overheads. 
Property can only be leased for…[Read more]