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  • Profile photo of noddiesnoddies
    Member
    @noddies
    Join Date: 2003
    Post Count: 151

    Hi everyone, [:)]
    As a Investment consultant I would advise you to consider the purpose of your investment property before purchasing. Do you want cashflow or capital growth? This is a most important consideration as this will dictate what and where you buy. For example new properties give maximum depreciation which helps with cashflow. The timing of where you buy in the property cycle will determine the rental yield while the population growth and other economic considerations will affect capital growth. Buying early in the property cycle ensures that a negtively geared property will go into positive cashflow sooner. Hope this helps with your decisions.

    Bryce Inglis
    Ph: 03 9530 2111
    http://www.ipal.com.au

    Profile photo of noddiesnoddies
    Member
    @noddies
    Join Date: 2003
    Post Count: 151

    Hi [:)]
    If you have superannuation you can set up a self managed superannuation fund. With a self managed fund you can use the money to buy property or shares, by selling the shares to the super fund. The money received from the sale of your shares can be used to then invest in property without further outlay.

    Bryce Inglis
    Ph: 03 9530 2111
    http://www.ipal.com.au

    quote:


    Hello everyone.
    I have abit of a dilemma that I hope you could all help me with. I would like your opinions as I know there is many answers to my problem.
    Here goes….
    My brother and I bought an IP 6 years ago (50/50 share) and have seen a capital gain of about $100000 gross. I have shares worth about this same amount and about $20K in cash. I would like to purchase another 1,2 or even 3 IP’s for myself before the end of the year but I don’t want to use any of my money or as little as possible. Can I borrow against MY equity ($50K) in the first IP? Or must we sell it? (Which I don’t want to do….) Or should I buy him out? (Again I don’t wish to give up any of my own money)
    I hope there is an easy solution to this as I feel I’m blind and can’t see it!!
    Please help.
    Thankyou


    Profile photo of noddiesnoddies
    Member
    @noddies
    Join Date: 2003
    Post Count: 151

    Hi TiraJayne,[:)
    A syndicated investment (where you go into an investment with others into properties such as aged care or student accommodation) would be a solution. This would give you positive cashflow and may solve your problem.

    Bryce Inglis
    Ph: 03 9530 2111
    http://www.ipal.com.au

    Hi ….

    Recently I received 60,000 inheritance.

    At the moment I have it stuck in some bank earning 4.75%.

    I am a single mum, not working. Renting in Sydney, it’s killing me ! ! !

    Income: I receive no child support – only $350 per week pension.

    None of the lenders I have approached are game enough to touch me, am I looking in the wrong places.

    Should I give up the idea of ever owning a home of my own, let alone investment properties. (Till bub is old enough for me to go back to work, at least)

    [/quote]

Viewing 3 posts - 141 through 143 (of 143 total)