PropertyInvesting.com | Kent Cliffe | Activity https://www.propertyinvesting.com/members/kent-cliffe/activity/ Activity feed for Kent Cliffe. Tue, 14 Apr 2026 22:07:57 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f8a77284ce5a7a50223654ed480e3396 Kent Cliffe changed their profile picture https://www.propertyinvesting.com/activity/p/318809/ Thu, 02 Jul 2015 04:08:44 +0000 caa09363b7cd425ab10a5ae8c9389eb8 Kent Cliffe replied to the topic *Perth people who have subdivided in the past couple of years* in the forum Help Needed! https://www.propertyinvesting.com/topic/4990809-perth-people-who-have-subdivided-in-the-past-couple-of-years/#post-4990992 Mon, 26 May 2014 00:42:01 +0000 Hi Phorsha,

An exact figure is always hard to obtain because it depends on the block and also the WAPC conditions often set by the Local Council and utilities. For example, in Armadale you may have to retain a 100 year rain storm on site in soak wells, this could be $7k+ worth of work depending on the block, works needed and soil type etc.

I…[Read more]

]]> d846bc3ebbf808b348cd1015cddc2d21 Kent Cliffe replied to the topic Helpful tips for when writing up an offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4989903-helpful-tips-for-when-writing-up-an-offer/#post-4989922 Wed, 30 Apr 2014 03:54:31 +0000 There are a few areas to consider, but with any negotiation it isn’t just limited to the items discussed:

Settlement Date: Motivated sellers generally like a quick settlement, Home Sellers to Home Buyers like a settlement date that coincidence with the settlement of the property they plan to buy. Also, rent backs are quite attractive to some…[Read more]

]]> 5b3aa30e8866a167962f575902e79804 Kent Cliffe replied to the topic Hot Spots in Western Australia, Perth in the forum General Property https://www.propertyinvesting.com/topic/4406462-hot-spots-in-western-australia-perth/page/2/#post-4989838 Mon, 28 Apr 2014 02:19:36 +0000 It funny when people talk about ‘growth areas’. There are two distinctly different types of growth which aren’t related – despite the spruikers trying to make you believe otherwise. When most people think growth, they think of areas which are having a huge amount of properties being built and guess that this ‘growth in dwellings’ will translate…[Read more]

]]> f7f55376c2cfc19d9d64031fa43267ba Kent Cliffe replied to the topic Investing in Perth 2014 in the forum General Property https://www.propertyinvesting.com/topic/4410262-investing-in-perth-2014/#post-4989735 Thu, 24 Apr 2014 02:56:25 +0000 For clients I have switched my strategy a little due to the rapid growth in some metro markets.
The main fundamentals are:

Stay within a 15km ring of the CBD, unless going coastal.
Target areas with a low base
Seeking areas with low supply on market (Balga etc. traditional has high transaction volume)
Target land value (70%+)
Seeking…[Read more]

]]> c2a859300906dd0cebafd34b0e04f0ef Kent Cliffe changed their profile picture https://www.propertyinvesting.com/activity/p/289389/ Thu, 24 Apr 2014 02:43:42 +0000 2450e3c2c52e7f5d6902d80e9e12b6de Kent Cliffe replied to the topic My very first home. Unit vs subdivision strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4408515-my-very-first-home-unit-vs-subdivision-strategy/#post-4684571 Fri, 25 Jan 2013 03:44:30 +0000 Hi Jenna,

It is great you have come to be online forums to ask about where you should go from here. Despite the overwhelming support for subdivision, it is not the instant rags to riches that most people suggested  it to be. I will try to debunk a few myths and hopefully share with you a clearer direction.

Well selected inner city villas and…[Read more]

]]> b943754ec27f8066dc403fefe02a3830 Kent Cliffe replied to the topic Who's Renovating in Perth? in the forum Value Adding https://www.propertyinvesting.com/topic/4408488-whos-renovating-in-perth/#post-4684222 Thu, 24 Jan 2013 09:44:00 +0000 Hi guys,

Best of luck with the renovate and flip project. As well as working at Momentum I renovate/develop property on the side to help generate further income to feed into my passive portfolio. There is a group of property investors that meet on a monthly basis, you might like to attend. http://www.propertymeeting.com.au

I can't stress this enough,…[Read more]

]]> a04d7694d8b3ffacbc9ef0d2b1f7f5b8 Kent Cliffe replied to the topic Realestate discount when selling 2 properties? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408457-realestate-discount-when-selling-2-properties/#post-4683992 Thu, 24 Jan 2013 09:29:18 +0000 Hi Goatus,

I can give you some pointers as I am often dealing with agents on the opposite side of the fence. The  good agents are the ones which make my life a little harder than normal.

Get  a few different agents to appraise your property and get a feel for the market. No matter how attractive it sounds ( even if they could have a buyer) …[Read more]

]]> fdea4579327f5e0c5f4da260e2a1826f Kent Cliffe replied to the topic How is Rivervale, Perth As A Suburb? in the forum Hi Vegas, Rivervale has some https://www.propertyinvesting.com/topic/4406913-how-is-rivervale-perth-as-a-suburb/#post-4672227 Mon, 25 Jun 2012 02:24:38 +0000 Hi Vegas,Rivervale has some great fundamentals as posted about above. However, the suburb is very different on what you're looking at buying. As I wouldn't buy an apartment there, but a villa or house might be okay. This is of course dependent on your budget. Also, location within the suburb is very important as parts of it have a very high…[Read more]

]]> 53a390ce3b917d8cf093c47fc1842dfe Kent Cliffe replied to the topic Renting in the forum Help Needed! https://www.propertyinvesting.com/topic/4406590-renting-8/#post-4669807 Thu, 31 May 2012 02:32:32 +0000 Hey Bacon,We have a PM arm to our business and I can give you some info on the corporate leases:- They tend to like fully furnished properties that are kept to a good standard. That means linen replaced frequently, repairs be tended to fast, furniture is of a good standard etc.- The apartments are better centrally located, but anything in the…[Read more]

]]> 850f51d75441a6dbfaca0cbec59c194c Kent Cliffe replied to the topic Comparable Sales data in WA in the forum Help Needed! https://www.propertyinvesting.com/topic/4405998-comparable-sales-data-in-wa/#post-4664781 Fri, 02 Mar 2012 02:00:38 +0000 With Price Finder it's $110p.m. for price data. Cancel it after you have downloaded the information.

]]> 39a60c7f2430d46d7d7910cb5b12f14d Kent Cliffe replied to the topic Where do I start? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405982-where-do-i-start-12/#post-4664645 Thu, 01 Mar 2012 02:13:33 +0000 Hi Laury,It's traditionally hard to get advice, because as you can see most of the commentary is coming from the Eastern States. Not that they are bad, but they wouldn't know the difference between Balga and Bunbury. Also, a lot of what people say is opinion, not data/research. Firstly, I would recommend working out what you want. When I often…[Read more]

]]> f72271ac5e51e1732647f475dbca6321 Kent Cliffe replied to the topic Holiday House / Short Term rentals Perth - Pro's / Cons in the forum Pros:Higher RentHigher https://www.propertyinvesting.com/topic/4405972-holiday-house-short-term-rentals-perth-pros-cons/#post-4664515 Wed, 29 Feb 2012 02:00:42 +0000 Pros:Higher RentHigher Deprecation.Residential Tenancy Act doesn't apply on leases <60days or for Holiday Accommodation.High end market is often corporate tenants. Cons:Higher management fees & advertising costs.Higher maintenance costs.Costs to maintain furniture.Most banks don't take rental income into account if lease is <6m or not a proper…[Read more]

]]> 28845667f97e94bb67e6f0e80ecc2a6f Kent Cliffe replied to the topic Am I really ready for number 3? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405967-am-i-really-ready-for-number-3/#post-4664480 Tue, 28 Feb 2012 02:39:42 +0000 Hi Laury,I would recommend rather than using TIC for your next purchase to pick someone from: http://www.rebaa.com.au/ Take action when you feel comfortable about carrying the cost per week. There is some opportunities around Perth Universities. However, often this benefit has already been factored into the property price. For clients who have a…[Read more]

]]> fa9303f380b1de45c3a261e12fae498e Kent Cliffe replied to the topic Perth Median Market Overpriced ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405915-perth-median-market-overpriced/#post-4664131 Wed, 22 Feb 2012 09:12:20 +0000 Hi Luke,Yeah I agree our supply constraint isn't as bad as Sydney, but at the same time we aren't yet the size. If we keep our population projections we will be the size that Sydney is today in 30 years+/-.The Metropolitan Regions Scheme is to grow Perth along the coast, down towards Mandurah and up to Two Rocks. There is green-field land…[Read more]

]]> 5d341c07e6f580e19b8a4afd9a46b3d0 Kent Cliffe replied to the topic Perth Median Market Overpriced ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405915-perth-median-market-overpriced/#post-4664128 Wed, 22 Feb 2012 08:26:33 +0000 The problem with opinion is that everyone has one and only hindsight will prove correct.I'll sight my sources:- Tight rental market pushing up rental yields. Median Rent: $400/wk Vacancy Rate: 2.5% http://reiwa.com.au/Pages/Home.aspx – Tight labour market pushing up wages (we are currently the second highest paid…[Read more]

]]> d325aa38ab56937be0598d4627a02828 Kent Cliffe replied to the topic Vacancy rates for January 2012 in the forum We have been suggesting this https://www.propertyinvesting.com/topic/4405917-vacancy-rates-for-january-2012/#post-4664143 Wed, 22 Feb 2012 01:25:22 +0000 We have been suggesting this shortage to our clients for a while. People migrating to Perth and very little new house construction – let the good times roll!

]]> 5f28b20b313753b0b72a9593dc87dbf9 Kent Cliffe replied to the topic Perth Median Market Overpriced ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405915-perth-median-market-overpriced/#post-4664121 Wed, 22 Feb 2012 01:24:13 +0000 Hey,It's correct what Derek said, the Perth market isn't a big place for auctions. I wouldn't like to put numbers on it, but probably about 1 in 20 properties are auctioned the rest are sold by private treaty. There are some current economic conditions which make Perth a great place to invest right now:- Tight rental market pushing up rental…[Read more]

]]> ed4bb76cc61ad0009574238cd183ff61 Kent Cliffe replied to the topic Financial Advisor in the forum Help Needed! https://www.propertyinvesting.com/topic/4405852-financial-advisor-3/#post-4663665 Wed, 15 Feb 2012 02:52:50 +0000 Hi Daniel,Have you thought of talking to a Stock Broker regarding your situation? Most managed funds have a 3+ year timeline for investment. If you get a good broker and explain your plan, they would be able to point you in the right direction. Most of my clients who use a broker and me personally stay away from IPOs and pay the broker on…[Read more]

]]> 1c49c0cbbfd34bca708a261159113336 Kent Cliffe replied to the topic Help please in the forum Help Needed! https://www.propertyinvesting.com/topic/4405760-help-please-21/#post-4662931 Thu, 02 Feb 2012 01:58:24 +0000 Hi Steve,The problem with getting advice from a FP (even a fee for service advisor) is that they are not allowed to give direct property advice. Their dealer group won't have it as a licensed product and if they do give advice on it, and it hits the fan, they will be left with the bucket. Hence why they will always pitch you on exchange traded…[Read more]

]]> 5e4301fc09e644c23c6e9fbd158cf427 Kent Cliffe replied to the topic Building a Team in Perth in the forum That's a good strategy, just https://www.propertyinvesting.com/topic/4405420-building-a-team-in-perth/#post-4660471 Tue, 03 Jan 2012 03:53:14 +0000 That's a good strategy, just stay away from brand new and look to buy in already well established suburbs (avoid house and land packages).

]]> 7062fe2b3876a1b617d9ee43909c3b4e Kent Cliffe replied to the topic buying a vacant lot in the forum Help Needed! https://www.propertyinvesting.com/topic/4405478-buying-a-vacant-lot/#post-4661049 Tue, 03 Jan 2012 02:04:23 +0000 Hi Wade,One of my clients bought some land with the intention to develop as soon as he could, he started getting building plans together and obtaining a DA. He was able to negative gear on this block as there was intention to build a dwelling. However, the advice he received from his account was that if he did not have these plans/milestones he…[Read more]

]]> e6d4d1504d345f6e2f72ef4cb7440ce8 Kent Cliffe replied to the topic Is Perth rental market in short supply? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405501-is-perth-rental-market-in-short-supply/#post-4661217 Tue, 03 Jan 2012 01:50:41 +0000 Hi Rob,The big thing is that the Perth market is segmented. You can't compare an apartment in Perth CBD to a Town house in Maylands or a house & land in Darch. There is definitely evidence to suggest that the Perth rental market is in short supply: As you can see the rental vacancy rate is around 2.4%, a balanced market is at about 4%, so it is in…[Read more]

]]> dd97fef619538042e330fc28f625309e Kent Cliffe replied to the topic Building a Team in Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4405420-building-a-team-in-perth/#post-4660469 Tue, 20 Dec 2011 04:44:32 +0000 Taking a step back, have you looked into your strategy?The reason for this is different people specialise in different areas and just because they succeed in one strategy doesn't always mean that it would suit you.The main three strategies include:Buying and holdingFlippingrepackaging Then there are subcategories within these main…[Read more]

]]> e2002050733107dde1a0539b963f1a03 Kent Cliffe replied to the topic Perth - Need Good Property & SMSF Accountant in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4405134-perth-need-good-property-smsf-accountant/#post-4658539 Tue, 15 Nov 2011 02:55:53 +0000 I have an accountant I can refer you onto. However, their firm tends to only take on client's who already have investment properties or company/SMSF structures' set-up. If you want to know further details just PM me.

]]> 4b32bb2ddddaddcfeb2c7586093c461e Kent Cliffe replied to the topic Buyers Agents in Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4405032-buyers-agents-in-perth/#post-4657919 Mon, 24 Oct 2011 01:17:20 +0000 We are a Buyers' Agency in Perth. Feel free to request an info pack below and I can invite you along to one of our seminars.

]]> ea86030b2fcd5f27d0b90503f9f50715 Kent Cliffe replied to the topic 1960's house reno - building/plumbing inspection in the forum Value Adding https://www.propertyinvesting.com/topic/4404996-1960s-house-reno-buildingplumbing-inspection/#post-4657651 Fri, 21 Oct 2011 02:44:19 +0000 It depends on the inspection, if you specifically ask for an electrical they use a company called Zantornics. In all their electrical inspections it includes quotes for the work needed. To give you a 101 with contract clauses it needs to cover off on the following, succinctly and without being too onerous on the other party:– what you want to…[Read more]

]]> 85d1e07834c954675939e62b06d2ac13 Kent Cliffe replied to the topic 1960's house reno - building/plumbing inspection in the forum Value Adding https://www.propertyinvesting.com/topic/4404996-1960s-house-reno-buildingplumbing-inspection/#post-4657648 Thu, 20 Oct 2011 01:15:24 +0000 Also, have a clause to fix minor defects too. I have seen too many times many minor defects adding up to being a lot. However, it isn't major defect on its own so technically it's a grey area if you can pull out. A 1960s house I purchased on a development site the other week had to have $2500 worth of "minor" electrical attention.

]]> 93f45a304aef42a5875fddcab9763513 Kent Cliffe replied to the topic 1960's house reno - building/plumbing inspection in the forum Value Adding https://www.propertyinvesting.com/topic/4404996-1960s-house-reno-buildingplumbing-inspection/#post-4657646 Wed, 19 Oct 2011 01:48:47 +0000 Oh yeah and we use a company called Resicert – they are National but have offices in Perth.

]]> 1bb0d78ae7993a72c9286875ffd6ab1a Kent Cliffe replied to the topic 1960's house reno - building/plumbing inspection in the forum Value Adding https://www.propertyinvesting.com/topic/4404996-1960s-house-reno-buildingplumbing-inspection/#post-4657645 Wed, 19 Oct 2011 01:47:53 +0000 Hi,Firstly, have you put your own contract clauses into the offer and acceptance – please don't use the selling agents? I would recommend 2 clauses, first being a "get out" or renegotiate clause if something is seriously wrong with the property. Not just structurally unsound within the dwelling, i.e. if a retaining wall is falling down – most…[Read more]

]]> 53c94abaed1ba537f433ce8033742566 Kent Cliffe replied to the topic Finding a renovation property - Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4404922-finding-a-renovation-property-perth/#post-4657108 Thu, 13 Oct 2011 03:56:55 +0000 Hi Chris, Is your budget, $350k including renovation work or $350K and reno work on top?Are you looking at flipping this property or holding?If you're holding are you going for capital growth or rental yield?

]]> 1ca6e9ef841dddc9e9bc008e77ece353 Kent Cliffe replied to the topic Where to go from here in the forum General Property https://www.propertyinvesting.com/topic/4404769-where-to-go-from-here-4/#post-4656176 Thu, 22 Sep 2011 06:40:07 +0000 Hey Jack,It sounds like you have done very well repaying all your debt down. We recently picked up a Triplex site, rentable condition, opposite a park about 8k's from the city for $380k. The deals are out there to be had. They don’t come up all the time, but when they do we are quick to jump on them. I would suggest looking into the City of B…[Read more]

]]> c8c43b89b5ac1212de3e5161c4689c02 Kent Cliffe replied to the topic Signs of market recovering Perth? in the forum General Property https://www.propertyinvesting.com/topic/4404665-signs-of-market-recovering-perth/#post-4655453 Mon, 12 Sep 2011 01:57:09 +0000 The REIWA stats are suggesting supply is dropping in Perth. We have noticed in the tightly held suburbs (supply on market of >3%) that properties are going under offer comparatively fast to the rest of the market. Also, price has been fairly consistent in these suburbs over the last 3 years, were as the higher supplied suburbs have seen drops of…[Read more]

]]> 18b4b66ab9522e91a8acf96613b800de Kent Cliffe replied to the topic Perth investing groups and mentors in the forum Help Needed! https://www.propertyinvesting.com/topic/4404691-perth-investing-groups-and-mentors/#post-4655606 Mon, 12 Sep 2011 01:51:13 +0000 There is also a group called Active Property Network.http://www.activepropertynetwork.com.au/perth.html

]]> f308dc5194acccf9d15b8f5bd36d40f5 Kent Cliffe replied to the topic Anyone recommend a rendering company in Perth? in the forum It depends on if you're https://www.propertyinvesting.com/topic/4404527-anyone-recommend-a-rendering-company-in-perth/#post-4654456 Fri, 26 Aug 2011 01:46:42 +0000 It depends on if you're looking to hold or sell. Paint will have to be redone every 5 or so years. However, I think at the start it is aesthetically nicer.

]]> d58b93b706d84b31554048d36fd25119 Kent Cliffe replied to the topic Sell your house for removal/relocation WA in the forum Creative Investing https://www.propertyinvesting.com/topic/4404461-sell-your-house-for-removalrelocation-wa/#post-4653927 Wed, 17 Aug 2011 05:43:19 +0000 You should speak with Aaron Sice, I know that he has organised things like this in the past.http://bluecardindustries.com/

]]> 199478de798689c460c68031840b6279 Kent Cliffe replied to the topic Win Win in the forum Help Needed! https://www.propertyinvesting.com/topic/4404457-win-win/#post-4653912 Wed, 17 Aug 2011 05:41:29 +0000 Hi Andrew,I'm always looking for trades. I'll save your details.P.S.Do you have your own licence or working under someone elses?Kent

]]> 13b0427c200516368ebbdb922e731c99 Kent Cliffe replied to the topic Rendering Clinker Brick for Value Add? in the forum Value Adding https://www.propertyinvesting.com/topic/4404448-rendering-clinker-brick-for-value-add/#post-4653866 Mon, 15 Aug 2011 01:49:57 +0000 The short answer is yes.

]]> baafc9e58fc78a3d7691b71ff7305ba8 Kent Cliffe replied to the topic Metropole Property Strategist vs Custodian Wealth Builders in the forum Creative Investing https://www.propertyinvesting.com/topic/4404266-metropole-property-strategist-vs-custodian-wealth-builders/#post-4652508 Fri, 22 Jul 2011 03:47:43 +0000 My vote is with a Buyers' Agent and that is Metropole. They don't even compare as competition, one works for you the other sells you stock. If you have enough equity you would be able to finance the BA fee into the deal – this should help with cash flow.

]]> bca9b16887ec7ca9bfd36f061f583a06 Kent Cliffe replied to the topic Looking for Property Investment mentor program in the forum Creative Investing https://www.propertyinvesting.com/topic/4404146-looking-for-property-investment-mentor-program/#post-4651271 Wed, 20 Jul 2011 01:57:34 +0000 If you're paying 3% why not use a Buyers' Agent who has a contractual obligation to you. Almost every single project marketers does get a kick back from the builder and a “marketing fee” from the developer. Which is not a “sales commission” so they don’t have to always disclose it. Alternatively, they have a put/call option on the land – so…[Read more]

]]> 582c3e6375fd5c11f327cae74d5e8e38 Kent Cliffe replied to the topic Investing in another state in the forum allawah wrote:How to https://www.propertyinvesting.com/topic/4404186-investing-in-another-state/#post-4651548 Wed, 13 Jul 2011 02:33:36 +0000 allawah wrote:
How to 'structure the finance correctly'? What are the choices? I'm going to see a lender from our bank because they mentioned that we can use our equity to invest in units. I'm not sure if our meeting will be helpful to our current situation but I thought it's worth going to know more about property investments.

1. You will…[Read more]

]]> 2fe59a58184125738b94ff790e6738d1 Kent Cliffe replied to the topic New young Investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4404170-new-young-investor/#post-4651408 Tue, 12 Jul 2011 02:33:50 +0000 Hi Buick, Your strategy will depend on heaps of different factors which include: – Your time line – Your level of involvement – What you WANT to do. – CF or CG – Level of risk tolerance – Flexibility – Tax implications – Fin implications – ETC ETC ETC… I can only talk in general terms because this may all change due to aforementioned factors. M…[Read more]

]]> 5269f497dbb1954b25d3c9561d07b6fc Kent Cliffe replied to the topic Financial advisor, property accountant - Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4404050-financial-advisor-property-accountant-perth/#post-4650635 Mon, 04 Jul 2011 06:58:15 +0000 Hi Emma,I know of a good accountant. Let me know if you're still looking. Kent :)

]]> d892db5f0be2e519d88dd0d0809f9894 Kent Cliffe replied to the topic Buying an apartment in Perth in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404031-buying-an-apartment-in-perth/#post-4650544 Fri, 24 Jun 2011 07:58:12 +0000 Any reason why you want an apartment? If you have an OTP apartment as your only option, here is my advice: Personally, I would contact the developers direct and ask for cash back at settlement. Avoid going to a project marketer and DON’T pay the list price. Look for a project that is unique and not just a box. When I say unique, it must have g…[Read more]

]]> 54a9b0987801506624e603fad4770740 Kent Cliffe replied to the topic Can an owners corporation purchase property outside of its subdivision? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4403971-can-an-owners-corporation-purchase-property-outside-of-its-subdivision/#post-4650063 Fri, 17 Jun 2011 04:07:03 +0000 It depends on your strata agreement. If you need unanimous support to redevelop your building or change the agreement then the developer has found a huge loop hole in your system – not the system because all strata agreements are different. However, it can go to court, but there is cost and no guarantee that you will win.

]]> 2b08ddc85158baced63b246a8dac7814 Kent Cliffe replied to the topic Moving to Aus in the forum General Property https://www.propertyinvesting.com/topic/4403946-moving-to-aus/#post-4649941 Wed, 15 Jun 2011 01:54:59 +0000 Australia is huge, any idea as to what state you will be living in? Possibly look to your qualifications and then aim for a state that would have job opportunities. Then find the nice place within that state.

]]> 311a4a552a70d9052d7d0ea8c26d68d0 Kent Cliffe replied to the topic Where too next? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403932-where-too-next/#post-4649868 Tue, 14 Jun 2011 02:36:35 +0000 It depends, you can get loans up to 95% + LMI (Lenders Mortgage Insurance) of the value of the house, which means on a $450k property you will need about $22,500 + costs (duties, legal and other)  Rule of thumb, costs are about 5% purchase price. To avoid LMI costs you need to get a loan lower than 85% (some banks) or 80% all. So on a $450k p…[Read more]

]]> 32d52a86962df1f150743e62c4645ac3 Kent Cliffe replied to the topic Just wondering about the feasibilty of doing this... in the forum Value Adding https://www.propertyinvesting.com/topic/4403924-just-wondering-about-the-feasibilty-of-doing-this/#post-4649681 Mon, 13 Jun 2011 09:19:05 +0000 Despite the ethical implications of why you would want to be artificially increasing the property’s value, there are many other practical problems.Firstly your idea is quite common in Commercial Property transactions with unscrupulous vendors and uneducated buyers. The method used to calculate commercial property is the, income capitalization m…[Read more]

]]> 56f4f43267a64ce6b419d64c3595bb75 Kent Cliffe replied to the topic Self Managing Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4403890-self-managing-property-2/#post-4649511 Thu, 09 Jun 2011 02:52:00 +0000 In WA you need a Triennial Certificate and a Management Agreement. That is pretty standard Australia wide (but they may be called something different). Personally, I would say for a couple of thousand dollars commission it wouldn't be worth it. Legally or illegally.  

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