Hi and welcome to the forum Josig. If you are looking for a Queensland based specialist investment property broker who is also a property investor I would recommend Richard Taylor. Richard is a property investor. I think is the most significant qualifier when selecting a broker ( if you plan to invest ). I see that Richard has also made a comment…[Read more]

Hi Bullen -in the spirit of sharing I would suggest to stay clear of relocating a home for a first project. There a too many potential problems to list. Once the building arrives there is usually a lot more renovation work than expected.

An alternative would be to buy a property below bank valuation and renovate. It will be much easier to…[Read more]

Again – it seems all I am doing lately is agreeing with Terry when I come on this forum but with Mebank withdrawing from certain niches the are really of zero interest to investors atm.

Again – it seems all I am doing lately is agreeing with Terry when I come on this forum but with Mebank withdrawing from certain niches the are really of zero interest to investors.

The valuation question is fairly easy to answer. We do them upfront to determine the on completion valuation. I regularly see these value up. In some cases it will be difficult for a valuer if there a few comparable sales but if there are they will have no trouble at all.

There are so many variables. The projects are really just micro property…[Read more]

Also most would be noticing the out of cycle rate rises going on for investment loans ( new and existing ) across lenders eg CBA, Macquarie.

Kieran – api magazine ( I am pretty sure it was them ) did a compilation of case studies on small developments. The numbers will be old by now but the percentages spent on certain items should be fairly consistent.

Also, on my desk right now, Australian Residential Property Development – Ron Forlee and Real Estate Development Principles and…[Read more]

Kieran – api magazine ( I am pretty sure it was them ) did a compilation of case studies on small developments. The number will be old by now but the percentages spent on certain items should be fairly consistent.

Also, on my desk right now, Australian Residential Property Development – Ron Forlee and Real Estate Development Principles and…[Read more]

Honestly, I think it really depends on your personality and mindset. Sorry if a non technical answer is not what you where after.

Some people will be able to remotely invest and others just won’t be able to cope with the lack of control and the additional complexities. To others it will be a breeze.

I was just looking a facebook page that nigel…[Read more]

Benny – my vote was similar to today if the question is about the national average – nation median price. Looking forward to the next part of the cycle to be honest – a much better time for buyers.

Benny – my vote was similar to today if the question is about the national average – nation median price.

Yes Griffo you can ( and well done for knowing what to look for as Terry said). I agree with all above but want to add why would you? If you broker is an investor it is going to be gut instinct for them to avoid cross collateralization and also avoid a one bank trap.

Is there any advantage to having equity when starting that I’m not seeing

Tiger, Well in short yes it really makes a massive difference. On the one hand the bank does look at your overall financial position. Assets and liabilities. The whole picture.

Sure high Loan to valuation ration LVR lending ( 95% investment loans ) is still available but h…[Read more]

Is there any advantage to having equity when starting that I’m not seeing

Tiger, Well in short yes it really makes a massive difference. On the one hand the bank does look at your overall financial position. Assets and liabilities. The whole picture.

Sure high Loan to valuation ration LVR lending ( 95% investment loans ) is still available b…[Read more]