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  • Profile photo of JaxonJaxon
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    @jaxona
    Join Date: 2014
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    O got a buddy selling a 1b1b with garage renovated (partly)

    for 160k
    rents for 300pw

    good location, right near southport and chirn park

    pm me for details. good returns

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    what happened!!!??

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    I use RPdata but you have to pay for this service

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    Don’t you think an investor would want those numbers?

    whats your plan

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    returns are only 6.5%

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    good morning Tim,

    happy to have a chat and answer all questions for you.

    to answer your question super briefly, I would suggest understanding your current position (e.g. 1 mil cash, 0 IP (Investment Properties) and the end goal lets say its 5 investment properties that return 9%+ with a value of 1.4mil return after expenses $120,000 PA) for you to live off for the rest of your life or to manage the properties and grow that to $200k PA 5 years after that.

    feel free to pm me details and we can arrange a time.

    Kind regards

    Jaxon Avery

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    Steven in a flip case. its a big deal as you said very well

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    I live GC.

    simple answer there are better investments, for e.g. there is rd4 zoning in nerang if you in a position I can source a deal that would kill 99.5% of deals you find in upper coomera

    I just missed out

    RD5 zoning (up to 23m build)
    $399,000 purchase
    $800,000 build cost
    =1.2+10%
    =1.4 to be harsh

    4×420,000 (2b2b study)
    1×650,000 (2b 3b study and full floor)

    $2,330,000
    -1.4m expenses

    =around a mil profit.

    If you want to make average returns and maybe some average growth then go a standard house upper coomera, but there are far better deals.

    • This reply was modified 6 years, 5 months ago by Profile photo of Jaxon Jaxon.

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    West bris seems fairly good returns, possible capital growth etc. so lots of good things out their.

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    Yes. for e.g.

    gold coast town planning, you can build an extra 25m2 off the original plan with little application cost and easy tick through, that could turn a 2b1b to a 4b2b and make you easy profit

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    So this is different for sales to rental to commercial leases etc.

    so for e.g. I prefer a hold strategy so i personally care more about rental demand and growth, than current selling times.

    just because they are selling quick does not always mean demand will be there in a couple years, the mining boom was a great example of such.

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    To jump all this, as its futile IMO.

    both
    1) equity
    2) LOC

    are fine, the rates and fees and terms of that exact deal matter more than saying one or the other.

    but essentially under the right circumstance, they are both better or worse.

    so to end I will answer same as Terry.

    Solution. Get tax advice from a lawyer or a tax agent.

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    dude.

    your making such a complex thing.

    it can be as simple as one account.

    a account that is

    -400k balance
    with 80k that is accessible.

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    If you restructure your loan goes up.

    so from 400k loan to 480k loan.

    I have no idea what your goal or reason or even what your trying to work out.

    debt is debt, you still have to pay for it if you use it.

    may as well just refinance your property and put equity in offset on that same loan. so your cash is liquid if needed

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    Are you talking about equity in a property>?

    so the offset only offsets the amount in the offset

    e.g.

    100k loan, 60k in offset, pay interest on 40k

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    ok, if they stop international invest, yes it will slow

    time will tell.

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    Why not
    shares- you do not control anything unless your a whale, your along for the ride (unless you know or think you know what your doing)
    crypto-currency-So I have studied this in depth, we only need 1 or two, so all the rest are going to crash, Instead of buying them, buy miners and mine and make money off that. far more profitable.
    capital figure in the bank-if you want to make 3-5% return sure.

    Look all of those have up and downsides, I think there are far greater returns and more importantly control in property, unless your worth 10m+ then some of those options make more sense. or if you can diversify correctly.

    Simple answer

    if your a good cook- be a chef
    if your a good builder – build

    if your a good farmer – dont try win it all on the share market

    be good as your craft, understand it and know how to use it to your advantage.

    Jaxon | Jaxon Avery – Financial Adviser
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    JPA Financial Services Pty Ltd

    Profile photo of JaxonJaxon
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    @jaxona
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    Im on gc, happy to give some advice pm your number if you would like to chat

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    Ben unrelated, but yeah you’ve pointed out something I have heard a few times.

    Surprising still today it seems this can be done.

    Jaxon | Jaxon Avery – Financial Adviser
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    Profile photo of JaxonJaxon
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    @jaxona
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    as above I covered this. (its based on the price I get it for)

    All returns are based on sales prices (purchase price) and rents for those areas (I try to be as on the point, not conservative and not optimistic(rent wise)

    anythings possible, but generally you need to work for amazing returns

    Jaxon | Jaxon Avery – Financial Adviser
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    JPA Financial Services Pty Ltd

Viewing 20 posts - 141 through 160 (of 331 total)