Originally posted by Qlds007:
MJ

Which side of Brissie?

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.

Hi Richard,

The center. CBD.

— MJ.

Hey Sailesh,

What’s the rental yield for a 5 bedroom place at Morningside?

— MJ.

Originally posted by Sailesh C:
This month will see the completion of my latest IP in Morningside. It is a 5 bedroom 3 bath with DLUG. The expected rental is somewhere between $500 and $550 per week.

You will find thet there are very few houses of this size in…[Read more]

Originally posted by depreciator:
We do lots of work in Brisbane and South East Queensland. All the big QS groups are represented there.

Scott

Tax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au

Thanks Scott!

I’ll send you a private email.

— MJ.

Originally posted by surreyhughes19905:
A safe bet would be between 4.5% and 5.5% gross yield. It may vary slightly depending on any reno improvements you’ve made since purchasing.

In general CBD 2+ bedroom apartments (in just about every CBD) come in at around 4.5% – 5.5% gross yield. The extreme ends (>5.5% or <4.5%) tend to be studio / 1…[Read more]

Quote:
Originally posted by Millionaire in training:

Mja I have been reding your posts, is the 5 bedrooms for your PPOR in which case I guess it is a personal preference thing

Yeah, is for a PPOR which may end up as an investment unit…

— M.

Hi Sue,

Quote:
Originally posted by diclem:
Hi MJ,
Genuine five bedroom houses are rare, I know, I looked for one. Some are advertised as 5 beds but are actually 4 and a study. (the fifth is small and has no BIR).
I do agree that over 4 beds could be entering into a niche market. Perhaps student accomodation.
I have noticed a lack of 4 bed…[Read more]

Quote:
Originally posted by redwing:
Wouldn’t you have to pay the tax because it’s ‘not’ your PPOR yet?

You areliving somewhere else and cant have two PPOR,until the house is built upon the block. maybe thats why they class it as an investment..stops people from avoiding the tax, saying they are building a PPOR then *change*
their minds?

Yeah,…[Read more]

Hi Terry,

Land is intended to be a PPOR.

However, if and when I purchase this land (QLD), I’ll be charged stamp duty as if it were an investment.

Is there then a process that if I build a house on it and make it my PPOR, I can claim back some of that stamp duty?

— MJ.

Originally posted by psyduck:
im looking to get my first property, earning 44k and still have access to first home buyer grant and defence grant of 13k. saving of <3k. anyone out there have similar experience wish to share or give me advice? buy something < 200k in sydney? i live in sydney. any help would be great. Cause I have no experience when…[Read more]

Originally posted by The Mortgage Adviser:
A 5 bedroom is not excessive to those couples with 4 kids.

As with anything, if there is a demand, there will be a supply. I would not go much more than a 4 bedroom house as an investment though.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Cheers Robert… I was…[Read more]

Originally posted by cashpoor:
Thanks for the replys.
The criteria for excluding suburbs is high crime &/or problem tennents.Example would be riots in Macquire Fields in Sydney.
Thank you for your help.
Regards
Cashpoor

There is a very high percentage of public housing out there…

— M.

Originally posted by The Mortgage Adviser:
I actually spoke with an architect regarding getting a home built. The cost seems rather high when they tell you but I believe the benefits will pay off when the property is completed and/or when you sell it. Architecturally designed homes usually attract a higher valuation if the work is quality which…[Read more]

Wow!

What a fantastic seminar. This is the first time I have ever paid hard earned $$$, and I learn that you can get a tax benefit from it, if you already have an investment! Cool! Even managed to get Steve to sign both of my books – thanks Steve!

I thought that my brain would be stretched from stuffing as much information in there about…[Read more]

Originally posted by simplybliss:
Sorry about the all over the place reply. But i hope you do find what your looking for

Thanks for the links! Anyone else had an architect design a home for them? I guess this question may be more honed towards home owners rather than investors.

Is it a waste of time getting an architect to design an investment…[Read more]

Quote:
Originally posted by Michael Whyte:
mja,

> Or you could do what I did and build a pole house?

A home on poles is kind of what I had in mind.

> My block is a 1500m2 block of subtropical rainforest with a 30 degree slope. We opted for a pole house with bearers and joists with weathertex cladding. You gotta watch the costs though as the…[Read more]

This article was from the SMH today:

http://www.smh.com.au/news/Business/Builders-slump-may-stop-rate-rise/2005/05/03/1115092504495.html

— MJ.

Quote:
Originally posted by mattjones:
Hi mja

> I know a good builder/roofer/plumber/jack of all trades in Brisbane. He renovated our property and taught me a lot about renos at the same time.

Hey Matt,

Thanks for the offer – I’ll keep it in mind over the next few weeks.

— MJ.

Quote:
Originally posted by jhopper:
Hey MJ,

> I am personally a big fan of the sloping block mainly because you simply cannot buy and install a view!

Yeah, some people pay a premium for a view. I guess this would be the motivator for going ahead with this land.

> You mentioned a fall of 6m however what is the distance of the fall? If it is…[Read more]

Quote:
Originally posted by MikeJackson:

> Sloping blocks can be cash flow positive fromn day one if you get the right price. Level the block before any neighbors build, try-link retaining walls are a sound investment.

What’s a try-link retaining wall?

> Use rendered foam to build the house as this will reduce costs and consider using pile…[Read more]

Hey’ya buzzwells!

Quote:
Originally posted by buzzwells:
> My first thought that comes to mind is can the sloping (large) block be subdivided into two properties?

Not at this point in time.

> As for my other thoughts on the points above:

> Designers can cost extra, as many of them lack the construction experience to understand ways of…[Read more]