Total Members: 158,197

KrisM

  • KrisM replied to the topic zinger in the forum Help Needed! 9 years ago

    Yep, used them 3 times. I have only worked with Graham Turnbull and he was always on top of things. Can’t say anything for anyone else if he is not with them anymore.

    Cheers
    Kris

  • KrisM replied to the topic Advice needed for young Investor in the forum Help Needed! 11 years, 1 month ago

    I too am starting to think Newcastle is a good option. For me, it is strong CG I'm after. Shahin, would you consider the inner east, specifically The Hill district a good option for strong growth over the next 5 years or so? As a feel I'm referring to 2 bed units in small complexes, with the option of renovation at some point. Or for the same buy…[Read more]

  • KrisM replied to the topic Demographic Shift in the forum General Property 11 years, 2 months ago

    That is one of the articles. I didn't really say what I was thinking with my original post. What I mean is, given the likely future trend of higher density housing would it be prudent to buy into existing "quality" (not new) medium density stock, or, big blocks with the view of turning it into medium density given the cost outlay to develop in…[Read more]

  • KrisM replied to the topic Investing in rural nsw in the forum General Property 11 years, 6 months ago

    Hi Redrager.

    Orange in my opinion has run it's race as far as any quick gains or high yield are concerned. Don't get me wrong, long term it's a fairly safe bet of returning 6% PA as it has done for a long time now across the board, slightly better in good areas. But as far as the hotspot chasers paradise it's over. Right now, for the last 3…[Read more]

  • KrisM replied to the topic Buyers agent in Orange, NSW in the forum Help Needed! 11 years, 6 months ago

    Hi Din,

    Rob Nevins of Mccormack Barber is a good bloke. http://www.mccormackbarber.com.au

    Kris

  • KrisM replied to the topic Student rentals in the forum General Property 11 years, 6 months ago

    Hi Mark,

    I don't know much about Melbourne in general so can't comment on Frankston's viability. What I can say is you seem to have the same idea as me in looking for some where that would suit student needs at the moment but also has the potential long term to be developed in some way to create a profit with leasing to students a means to manage…[Read more]

  • KrisM replied to the topic Student rentals in the forum I am looking more 11 years, 7 months ago

    I am looking more specifically at the timing and leasing to students exclusively, forgetting about demand from other demographics for a minute.

    My question is do you need to have a property available in December to draw interest from students looking to enter a lease for the following calendar year, or is it more than likely that you can…[Read more]

  • KrisM replied to the topic Suggestions for best starting structure. in the forum Finance 11 years, 10 months ago

    Lets just say I'm a slow learner. Turns out I haven't actually been reading the posts or reading the right ones for that matter. If I had of understood how simple financing was (in regards to the correct set up and reasons behind it) and where to look for deals I could have started long ago.Anyhoo, we live and learn. I guess the important thing is…[Read more]

  • KrisM replied to the topic Suggestions for best starting structure. in the forum Finance 11 years, 10 months ago

    Great help Jamie, it's appreciated. Terry, thanks for your expertise on land tax. I hadn't thought of things that way. It would make a lot more sense to get a few properties under our belts and utilise the benefits as indeviduals before creating companies and the like. The little ducks are starting to line up.CheersKris

  • KrisM replied to the topic Suggestions for best starting structure. in the forum Finance 11 years, 10 months ago

    Thanks for you response Terry.Trusts and companies are a potential mine field. Do you tent to get charged more for land tax?Also, if there were plans to enter into syndicate arrangements would it be better to include yourself as a sepparate entity to the "family" arrangements. ie a different company contributing interest to a trust that holds the…[Read more]

  • KrisM replied to the topic Suggestions for best starting structure. in the forum Finance 11 years, 10 months ago

    Thanks Jamie, I was hoping you would be the first cab off the rank to lend some advice being a Canberra man like me. What figures are required to determine borrowing capacity? Our combined income is 140K Am I correct that this is what you mean;1.change current loan to IO (this would be a loan with residual of 240k so we would only be making rep…[Read more]

KrisM

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