I have an advantage that may be used down the track. As you may be aware, SMSF's can borrow via instalment warrants. Although the regulation is not based around zoning, it would be easier to  evidence that a commercial zoned property is business real property. Under certain conditions i.e. the property must be used wholly for business purposes t…[Read more]

No to battle axe – where possible, I live in a nearby suburb. you asking this question should give you the answer your after. Particularly a small lot size as mentioned.Re-sale is the major concern? http://www.birchcorp.com.au

Sorry Mate, I cannot get a feel for the serenity over the internet……..You will need to do some real foot work (due diligence) on this one…….All the best.http://www.birchcorp.com.au Note: If you get stuck drop me an email or like, I could guide you where possible.

Alchemist,Thats right, Look at the Asset value as opposed to the debt. ASSET INCREASES, DEBT REMAINS. (I/O will increase the available $$$ for the next property, AGAIN ASSET INCREASES ON THE SECOND PROPERTY ETC, Your wealth is correlated to the value of your ASSETS and your CASHFLOW.  The tricks are around increasing your cashflow to service m…[Read more]

Benjamin Csikos wrote:
Anyone can live off equity right now if they really wanted to.  It's all relative to what level of lifestyle you wanted. Move to india. They live on 500 bucks a year over there. …I'm just sayin'.

I live off $500 a year in Australia, and there is nothing wrong with my lifestyle………. join me on a bike ride or run…[Read more]

Alchemist,Your circumstances will always be a little different to the the common response, so get personal advice so you do not cost yourself big $$$, I agree with Sonya. If you live in Qld organise a sitting with someone who has made $$$ such as Richard -They are more then willing to give their time otherwise they would not be writing all day a…[Read more]

Yet another good argument to take on the roll / responsibility yourself. I get a much better result looking after my investments – no will care like you. Not only care for your property but care for your tenant. The tenant being the factor that can make property investments a good / bad asset class. I have great tenants that all look after my p…[Read more]

Before ruling anything out / in sit down with someone who knows dollars. Have a look on this website to see someone in your area who you can sit down with for 2-3 hours. Make a well informed decision by getting some real education, I noticed several comments at the start of this blog started to direct you that way but the topic went in a d…[Read more]

If you live in Sydney, and are interested, I am looking for keen people to work with on a casual or full time basis. If your not looking for work just drop in and I will show you a day in the life of a broker / planner. http://www.birchcorp.com.au

I require more detail then is possible here, drop me an email or phone and I will be able to give you some guidance.http://www.birchcorp.com.au 

WOW, your financial position is fantastic! What a nice place to be, on face value you have plenty of room to be more aggressive – but manage your risk.Important:1. Have you taken the equity out of your property in case the market trends backwards? Financially you are in a very good position to have some fun with property, but consider some of the…[Read more]

Terryw wrote:
I would personally still use IO loans with a 100% offset account attached.Because:- money paid into a loan cannot be taken out without tax consequences- you will still save the same interest as using a PI loan- your repayments will be lower meaning you can afford more investments- your repayments will be lower which will help if…[Read more]

Banker wrote:

number 8 wrote:
You may be missing my point?P&I should never be used, hence there is no need to ask the question – I am a Broker an Planner and I do not want to know what banks have the policy that you are describing. All my clients are I/O. If the bank doesn,t allow this, then take your business to another who will. There are…[Read more]

You may be missing my point?P&I should never be used, hence there is no need to ask the question – I am a Broker an Planner and I do not want to know what banks have the policy that you are describing. All my clients are I/O. If the bank doesn,t allow this, then take your business to another who will. There are many options when you think like…[Read more]

James, If you are getting into investing there is no need to understand P&I, in fact it should be a dirty word. I have never met anyone who became wealthy by paying their home off. All value / wealth is achieved by allocating any available cash-flow into another appreciating asset. The key question is: How do I increase cash-flow and how do I…[Read more]

LOC'S (cash out) and Capitalising interest are done presently and very well.http://www.birchcorp.com.au

Deanboy,I am assuming you are taking about the pest control in relation to domestic cockroaches etc. This is the tenants role – but read on. When you are taking about the termites and other destructive bugs. Then you should assume this role. I like to do this personally each 12 months with a strong torch and a screw driver……… That being…[Read more]

LVR's are not lower??????? How about a 100% loan + costs………….There is a way around everything.LVR's are not lower when you on-loan to your SMSF (using an on-loan agreement). This may be done by taking equity from your PPOR, investment property or like. The SMSF is then liable for your interest rate at market rates i..e. personally you will…[Read more]

Once you have paid down a mortgage you can never increase they value of the debt unless the property is sold to another party.  i.e. you end up with a low tax deductible debt on the investment property and a high non tax deductible debt on your PPOR – This is not ideal.Structuring yourself from the beginning is very important, I am yet to be c…[Read more]

Hold on………So we are now saying that a person who receives a mezzly 9% from your rent can and will look after your property better then you.I have had the opposite experience, the managed properties where painful and my self managed were fantastic. It's how you manage them……..http://www.birchcorp.com.au