Total Members: 158,045

Jaxon

  • Jaxon replied to the topic Real Estate in the forum Commercial Property 10 months, 3 weeks ago

    hahaha get a new girlfriend hahah

  • Jaxon replied to the topic Need a perth mentor in the forum Help Needed! 1 year, 6 months ago

    Hey all,

     

    Love WA & Perth options, I am happy to answer general questions (please note I cannot provide specific advice as I operate a FP practice.

  • Jaxon changed their profile picture 1 year, 9 months ago

  • Jaxon replied to the topic Cash poor but equity rich – can I start? in the forum General Property 1 year, 9 months ago

    Hey Bel,

     

    you can if you choose to buy/structure that way potentially.

    also you could use debt recycling & other strategies to maximize the deductions potentially moving forward.

    There are heaps of answers on forums like this to help answer.

     

    Benny’s questions are great & show how detailed this can become to work all aspects out

     

    Wish…[Read more]

  • Jaxon replied to the topic Thoughts of value…. in the forum Forum Frolic 2 years, 3 months ago

    Great statements/philosophies of life & deep value in them.

     

    some of the ones that play in my head repeatedly are

     

    “do not pray for an easy life, pray for the strength to endure a difficult one – Bruce Lee”

    “He who says he can & he who says he can’t are both usually right”

    “be greedy when others are fearful & fearful when others are greedy…[Read more]

  • Jaxon replied to the topic Expert Bust #8 You lose money when you buy in the forum General Property 2 years, 3 months ago

    Hey mate,

     

    as an example I made over $150k the day I bought

     

    1 Government Road, Labrador

     

    earlier this year.

     

    I bought for $560k & was worth around that 700k at time of purchase, once reno finisehd will rent for $1100 & be worth 850k+

    So

     

    “If the focus is on making money at the time of purchase, what’s the point of holding then? I…[Read more]

  • Jaxon replied to the topic Investment property near proposed metro trains nsw in the forum Help Needed! 2 years, 8 months ago

    My thought is with that level of capital, why Sydney?

     

    Is it for capital growth?

     

    how does this fit your financial goals?

  • Jaxon replied to the topic Buyers agent for development property in the forum Help Needed! 2 years, 8 months ago

    Hey Propertyboy,

     

    just purchased a site on Gold Coast that I can do 3 townhouses on now.

     

     

    happy to have a chat with you mate

     

    Kind regards
    Jaxon Avery

  • Jaxon replied to the topic Apartment Renovation in the forum Value Adding 2 years, 9 months ago

    Sent you a private message so as not to prompt own company

     

    Kind regards

     

    Jaxon Avery

  • Jaxon replied to the topic What would you do? next property in the forum Value Adding 2 years, 11 months ago

    Hey Steve,

    Yeah totally agree mate, its finding that and having the cashflow to facilitate the deal & get it over the line.

     

    So under contract and found a deal that is cashflow positive, under market value & zoned RD6 so maybe 18 bedrooms max.

    Its a very tricky lot & something even the town planners states is very tricky so we will…[Read more]

  • Jaxon started the topic What would you do? next property in the forum Value Adding 3 years ago

    So I am torn between options and would love some thoughts on what you would do!

     

    I had been planning to purchase a house on RD5 zoning for under 650k on the gold coast to later split to 4 townhouses. (1 bed per 50m2)

    But within two months all 6 or so have sold and now it appears the gold coast just doesn’t have similar options that are g…[Read more]

  • Jaxon replied to the topic Duplex investor Sydney in the forum Creative Investing 3 years ago

    I would say you could have 100% control of a DA/BA scope similar outside of Sydney with a far lower entry point.

     

    Might be worth considering?

  • Firstly, you should speak with your local town planning department as I presume (could be wrong) it’s currently zoned as residential?
    This may be a major issue as you likely cannot lease as commercial if it’s not zoned for it.

     

    Seek professional advice.

     

    Wish you the best!

     

    Disclaimer : this is general and in no way specific advice.

  • Jaxon replied to the topic Buying with super in the forum Help Needed! 3 years ago

    Hey Dominique,
    Yes, Advisers setup, you need to ensure this is in your best interest and you are aware of all implications and the actual potential outcome stacked against another strategy.

    Wish you all the best!

  • Jaxon replied to the topic Expert Bust #8 You lose money when you buy in the forum General Property 3 years ago

    Sometimes.

  • Jaxon replied to the topic Looking for some strategy advice in the forum Help Needed! 3 years, 1 month ago

    Hey Chris,

     

    Mate finding a CF+ property is not hard, and that’s before talking about TAX benefits.

    The growth is speculative, however, can be forecasted.

     

    Well I do these things with clients and ask a lot more than the above mate, I would say you need to understand firstly your current financial position and your end financial goals and…[Read more]

  • Jaxon replied to the topic Looking for some strategy advice in the forum Help Needed! 3 years, 1 month ago

    Hey Chris,

     

    Mate finding a CF+ property is not hard, and that’s before talking about TAX benefits.

    The growth is speculative, however, can be forecasted.

     

    Well I do these things with clients and ask a lot more than the above mate, I would say you need to understand firstly your current financial position and your end financial goals and…[Read more]

  • Jaxon replied to the topic Expert Bust #3 – Old is better than new in the forum General Property 3 years, 1 month ago

    Mate this is circumstantial to the purchase price.

     

    If I buy the new property for 500k but the older ones 550k then?

     

    I agree with almost everything you said though.

  • Jaxon replied to the topic I need an investment strategy for my situation in the forum Help Needed! 3 years, 1 month ago

    Good Day SydMan,

    well given your situation I wonder what your end goal is? $1000 PW in income? as this would be above what you currently earn and imagine it might sustain you?

     

    if you provide what your goals are then maybe some clarity can be provided on basic info for you.

     

    Wish you all the best!

     

    (This is all General Info)

  • Jaxon replied to the topic Happy New Year 2021 !! in the forum Opinionated! 3 years, 1 month ago

    Grim report……………..

     

    Hopefully things clear up for 2021

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Jaxon

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