Total Members: 158,377

Galen.Parker

  • Galen.Parker replied to the topic Any info on NRAS housing in the forum Help Needed! 13 years, 5 months ago

    Euro73, thank you for that. That is a very enlightening and informed post with some significant information.

  • Galen.Parker replied to the topic Any info on NRAS housing in the forum Help Needed! 13 years, 6 months ago

    Love your passion! Can’t defend any of those initiatives right there! With NRAS you can opt out of the scheme and return your rental rates to market value easily.

    Your advice still stands, it always pays to be diligent in your research because circumstances change especially with governments.

    So applying that logic to NRAS property investments…[Read more]

  • Galen.Parker replied to the topic Any info on NRAS housing in the forum Help Needed! 13 years, 6 months ago

    Hi dtrump,That seems very interesting indeed.At its most basic level the NRAS tax implications currently have the bonus being treated as whats called a 'Refundable Tax Offset'. This form of offset will be paid regardless of your income that year. Even with no income you still get your NRAS incentive to make up for the reduction in rent you are…[Read more]

  • Galen.Parker replied to the topic Any info on NRAS housing in the forum Help Needed! 13 years, 6 months ago

    Hi Rod,I'm involved in the development of some NRAS calculation software and being a CTO I'm coming more from the calculation and numbers side of things and in my opinion it does stack up in most cases.There are some key points to consider when continuing your research of NRAS properties:Understand that not all NRAS approved developments will…[Read more]

  • Galen.Parker replied to the topic Buying off the plan in the forum Gday,
    One risk you might
    14 years, 2 months ago

    Gday,One risk you might want to be wary of that we have seen occur relates to the developers arrangement of finance facilities relateing to the land acquisition, and development of the project. Unforseen circumstances may arise where successful completion of the development may not be possible upon the terms outlined in their forecasts. This…[Read more]

  • Galen.Parker replied to the topic RealEstate Software in the forum General Property 14 years, 2 months ago

    Hello,I would like to suggest our software also.We are new to the market place with a website offering free property evaluation and comparison tools specifically for property investors. I am the CTO and lead developer for the software and if anyone has any questions or is interested in giving feedback , it would be most welcome. :)Using the software…[Read more]

  • Galen.Parker replied to the topic website to evaulate a property in the forum Hi Ceffo,
    Our website has a
    14 years, 2 months ago

    Hi Ceffo,Our website has a deal to display historical capital growth and 5year predicated growth data from Residex for all investment properties listed with us. This is then formatted into some nice graphs for easy viewing. The site is tailored for property investors and hopefully has all the information you are…[Read more]

Galen.Parker

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