When investing in SMSF, you need to evaluate a lot more factors than just your super balance. for instance:
* your age/years to retirement?
* your risk profile/liquidity needs
* your current and projected income / job security
and a fair few other…[Read more]

The good news is, you guys are in a fantastic financial position for your age. Most people try to get in your…[Read more]

Personally i think you have 2 properties on 2 of the most growth potential suburbs on the GC.

I own my PPR in Southport (just behind Ferry Rd markets). Purchased in June 2013 for $360k. Just had it bank valued at $410k. (all we did was add a feature front fence – $5k spend). Southport will only go up as…[Read more]

However, I think it is important with any of these companies to check the following:

1. Where the company is receiving their income (is it the finance, the property, the land… etc.) – Ask for this…[Read more]

How have you gone with your granny flat so far…?

have you gone through the application process?

Cheers,

Im looking to build an attached second dwelling/granny flat (2xbed 1xbath) on my 3xbed 1xbath house in Southport. Im thinking of making a side entrance to the granny flat as the main entry to it, but also adding a 2 way lockable door from the main house to the GF also, so i could be converted into a 5 bedroom 2 bathroom house if we…[Read more]

http://onproperty.com.au/free

It will be semi-detached. Not much construction will be taking place close to the structure of the house, as the far wall of our garage will also double as one of the walls for the granny flat.

The property is on the Gold Coast (Southport).

Yeah i will definitely ask for it to be fenced off to minimize disturbance to us…[Read more]

New Years dieting resolution in full swing (for now).

We have an IP with beautiful hardwood floors and have bought cheap bulk/scrap carpet to DIY cover the living room and…[Read more]

Do you know how much it would cost and do you (or anyone) have a recommendation for surveyor on the Gold Coast that could assist?

http://mashable.com/2013/12/16/cameron-winklevoss-bitcoin/#!

Wouldn't it be great to know a few celebrities, buy some BCs and then get them to jump on reddit and speculate the sh!t out of it…

#winning

However im only partially comfortable about "Who" to go and see first to set this up?  A lawyer? An Accountant? or Financial Advisor? If the answer is the Accountant, should i use my current accountant? I already have a family trust that has purchased one property and my current accountant knows my situation well. (sorry as…[Read more]

Just make sure you scope out the FULL amount of fees before you proceed with your property purchase, and make sure you get all these fees in writing before you proceed either way.

Also (and possibly risking hatred of myself to other forum members, considering it being a 'property investing forum') …consider diversifying your…[Read more]

It can be tricky.  Ill ask them and get back to you

http://www.bunnings.com.au/diy-advice/planners/modular-building-planner 

Not sure what your resale would be, but definitely a good granny flat idea for some extra cash flow.

It's very difficult to speculate on the future of digital currency like bitcoins. Any currency that is decentralized from any government, not attached to any intrinsic value and 100% digital will make people (and governments) uncomfortable. many baby boomers don't even trust 100% online bank accounts offered by the big 4.

your guess…[Read more]

Letter to Santa:

Please give me the Crystal Ball this company has so I can know what returns I will get in the future.

… sorry already getting smashed with xmas music in the shops…. im already loosing it.

Personally I would only invest if i knew the area like the back of my…[Read more]

There are a few good options to build up some good cash in a 12 months period to get closer to that required balance to look at property investment.

Also Richard is right, you will most likely be looking at non-bank lenders, but this comes with possible higher interest rates which could negate any gains you make from the…[Read more]

firstly, $7k is far too steep for set up. We are closer to the $2,200 mark for property set up with limited recourse borrowing ability, legals and fees.

Your super balance is not the final decider We have both set up SMSF's and helped people invest in property for less. From a lending point of view the bank will take into…[Read more]

I'm wondering if it the growth and reflection in housing prices will be sustained after the games are over?

Would be interesting to hear from someone that saw the Sydney Olympics come and go.

From personal experience, you would need to be crushing sales and earning good comm. to hit 6 figures as a payg mortgage broker. Self-employed would be a different story.

There are a few companies that offer financial planning internships (that have an AFSL) but you would be taking a 50% pay cut on your 6 figures.…[Read more]

You can quite effectively utilise sites like 'on the house' and real estate dot com for their search filter Australia-wide to suss out your own potential investment suburbs. 

Make a list of your top 10 suburbs (Australia-wide or state-wide) and then Pro and con each. 

Go to…[Read more]

How do you think this will play on the AU housing market? and Interest rates?

Personally i purchased my first home 9 months ago and opted for a 35+ year old brick and tile place. building and pest came up immaculate. I even had my brother who is a structural engineer laser-level measure the block and the house had moved 4mm in 30 years. We just had the driest winter in a while on the Gold Coast and now im…[Read more]

If it's looking like your salary will not increase in the near future then it may be worth your while to look at purchasing 2 (one unit one house for diversity) higher yielding properties between 300 – 400 and dropping 60k on each. This will put you…[Read more]

Don't laugh @Qlds007 we received at least a dozen phone calls over the past 12 months from under 30 year olds with $30k in their super wanting us to set them up an…[Read more]

If…[Read more]

You could definitely over charge some hipster/indie uni students to live in it. its 'hip' and not to mention environmentally…[Read more]

A good financial adviser would look at your whole situation. Not just try to find you the best loan like a mortgage broker.  
@Jamie M – true, however on the flip side, I highly doubt a mortgage broker would ever advise someone not to take out a mortgage… where does their income come from? and a Mortgage broker cannot give any…[Read more]

No one would buy a house without a pest and building inspection, but it amazes me how many people invest without seeking licensed financial advice.  – and its about the same…[Read more]