So firstly, depends on what you define as a distressed sale.

if its a quick sale then its technically distressed.

E.g if average sale is 80 days, goes in 10 days due to lower price, to me this qualifies.

Well I have literally got deals like this off there (bank forced sale)

So I would say dont be narrow minded mate.

Also funnily enough gotten deals on GUMTREE personally under valued (not forced sale though)

Mate if you find “listing repossessed properties” or some database like this Id love to know.

as usually the bank just…[Read more]

Are you asking what’s the best way to grow your held funds prior to repurchasing?

Costs down? do you mean to grow the funds? I feel lost mate.

can you clarify.

Good Day Propertyboy,

So few ways, one constantly watching Realestate & domain.

Better than that, is to build relations with local agents & explain your a cash buyer & your criteria.

I get your saying some agents say it doesn’t exisit, it does as the building I am in right now was a forced sale.

Spend the time & study, TBH unless your…[Read more]

So both buildings are owned by the company?

and you both gave personal guarantees for the properties?

Would it not be as simple as getting a valuation, paying your partner out of the ownership he has in the company then you have sole ownership & have not had to restructure nor incur any major fees in the process?
Not a recommendation at all,…[Read more]

Good Day Moorey,

So you have other properties & accounting for all actual costs?

https://www.dss.gov.au/housing-support-programs-services-housing-national-rental-affordability-scheme/about-the-national-rental-affordability-scheme-nras

”

Amendments to the NRAS Regulations to create protections for Investors
The Australian Government has…[Read more]

Good Day Moorey,

So you have other properties & accounting for all actual costs?

”

Amendments to the NRAS Regulations to create protections for Investors
The Australian Government has legal arrangements only with approved participants and these legal arrangements do not extend to dealings that approved participants may enter into with…[Read more]

VK,

You can certainly do great today, tomorrow is obviously hard to forecast but if the world recovers & goes back to business as usual then yes there will be future growth.

One thing is – there has never been as much money in the world as of today.

Providing the population doesn’t do anything crazy, property will be a great financial…[Read more]

Good Day psproperty,

So technically they are different in the sense refi is restructuring a loan.

Equity release may be many terms or means to release the equity.

From my understanding its more an overview of a way to release equity without selling as per the below structures

-Reverse Mortage

-partial sale

-sell FV of property

-Line of…[Read more]

Good Day Alex,

So given to add on the breakdown provided by Terry.

1. if your goal is 250k PA passive income off your portfolio, is this just property? I will presume the plan is to use the revenue from your business of which there is excess & use this to grow your portfolio base further?

2. what should i do to reach my goal under the time…[Read more]

Great info.

Hey Jimmy,

I live on the gold coast & I would question is this strategy better than just buying a property ready to room let out?

have you done comparisions of cost time etc.

as an example, I have a client who purchased a property in Southport (3b townhouse)

converted garage to ensuited room.

gets $780+ rent as now its a 4b and rents t…[Read more]

Hey Jimmy,

I live on the gold coast & I would question is this strategy better than just buying a property ready to room let out?

have you done comparisions of cost time etc.

as an example, I have a client who purchased a property in Southport (3b townhouse)

converted garage to ensuited room.

gets $780+ rent as now its a 4b and rents t…[Read more]

Good Day Clancyfish,

Terry’s points are great.

By the sounds, I imagine the issue is the pension is not enough>? which should be around $711+ per week for a couple?

Let’s assume you can’t find any way to sustain your current situation, then you incur lots of fees in the sale, you would grant yourself the possibility however of lowering…[Read more]

Good Day Gallo,

So I have very specific case study breakdown I do for clients with potential investments they may be looking at.

You can always look at SQM or any other data house that does property reports to then use their data input to essentially create your own.

You should be able to cross-reference all current ones & use that data to…[Read more]

Good Day Gallo,

So I have very specific case study breakdown I do for clients with potential investments they may be looking at.

You can always look at SQM or any other data house that does property reports to then use their data input to essentially create your own.

You should be able to cross-reference all current ones & use that data to…[Read more]

Good Day Ben,

Agree with Richard in relation to the above answer

although the above is very simple, it alludes to some of the bigger questions surrounding your situation & that there may be multiple things that can be done to enhance & clarify multiple aspects of your situation your purchase etc.

All of this will help you better understand…[Read more]

Good Day Ben,

Agree with Richard in relation to the above answer

although the above is very simple, it alludes to some of the bigger questions surrounding your situation & that there may be multiple things that can be done to enhance & clarify multiple aspects of your situation your purchase etc.

All of this will help you better understand…[Read more]

Hey Mate,

so all I can say is this is multi-leveled complex in-depth question, It requires looking at so many different aspects & then more on top of that due to the exact area, type of property, type of purchase requirements etc.

If you go through the forums you will find lots of details on each aspect of this.

really worth reading a lot on…[Read more]

“It is expected that the relevant State or Territory Revenue Office will distribute the $25,000 grant directly to
the applicant.”