cappy88 wrote:
Hey everyone, first time poster, have been doing alot of research lately and would like to get opinions from people who have ‘been there, done that’…

Im 21 years old, have done all the right things saved all my wages and bought my first home. I’ve served my 6 month stint to keep the first home buyers grant and now am thinking…[Read more]

Heres some good info related to the topic.. http://www.nar.asn.au/ .. The only consideration is if your planning to renovate, what kind of renovations will you undertake and of course you will need to factor in the related issues and cost.

When land is subdivided a building envelope is placed as a restriction to the title of the land. A building envelope shows the outline of where buildings can be built, including the setbacks to the property boundaries, what the maximum area of a building footprint can be and can sometimes limit the number of storeys of a building or its total…[Read more]

Just run the contract by your Solicitor, make sure theres a ‘subject to finance’ clause in the land contract… not a lot can go too wrong, the valuation will sort out whether its overinflated. You are buying at retail how come you don’t negotiate a good price on an established property and set up some equity in the beginning?

Hi Packer I definitely recommend I/O loans if you are building a portfolio, in fact I would even suggest having a PPR set up as I/O as well. Whats the point of paying principal now when at some stage later on you will sell one and pay out the debt entirely. Any spare funds you have you can and put into your offset ready for the next purchase.

The…[Read more]

tanmaygaur wrote:
We are looking at the Maroubra and Hillsdale area in Sydney and Carlseldine and Chermside in Brisbane

Suburb reports on the way. I will email you some details about a website I need developed, hope you charge Indian prices LOL

Hi Tanmay,

I am happy to send you Residex Suburb Reports which will give you past statistics as well as future growth projections for any suburb in Australia.

I can also send you CMA (Comparative Market Analysis) reports on any properties that you are considering buying, this will give you an indication on the property value as Real Estate Agent…[Read more]

During the last 3 years there has been a 26% growth in house prices with an average annual over the last 10 years of 12.8%. Considering the socio economical factors which are much the same as you described, and demographics and the fact that it has had a growth spike in recent years, this is one I would stay away form personally.

I agree Orange has been interesting, 10 years ago you could buy a house for $150k and today the same property is sitting just under $300,000. The rent yield is also pretty attractive. In my opinion this area will perform well over the next 10 years. Shoot me an email if you want a full report.

These guys can assist you http://www.888usrealestate.com.au/

These guys are looking for motivated sellers and most likely make an offer to you below market value. They on-sell to buyers at a higher price and smile at the difference.. regarding cost comparison you will get the right info if you just call them and ask them to send you their pricing. Then compare with your local real estate agent selling it…[Read more]

I have been involved with a few different companies that offer similar services to people and in my humble opinion their main concern is making money and secondary would be keeping you in the loop as long as you are able to continue to buy. They make a great commission on sales. It could be a win win but in reality I have never met anyone who…[Read more]

Hi Casie feel free to put me on an email list, happy to participate.

Any costs that are related to investment or business will be tax deductible – please talk to your accountant however as advise on tax is not my thing.

I am one for I/O loans if planning to build a portfolio and my argument is ‘why pay off the principle now when any extra funds can be put to increasing the size of your asset’ later on down the…[Read more]

Hi its pretty easy to sell your own home, you can advertise the property on websites like http://www.owner.com.au/ and you need a solicitor to handle the contracts. Buyers call, you show them around and when you have a committed party forward their details to your solicitor.

I will add however, that many people I come across tell me that one of…[Read more]

Without a doubt Gladstone right now. Shoot me an email and I will send you a full information package.. mainly due to the LNG contract. I could be a little biased but I am personally drawn to Brisbane and SEQ as well. Brisbane has had a bit of a flat period recently so good buying there at the moment. The future for SEQ looks promising from what I…[Read more]

If you find a suburb and want more information on it let me know as happy to send you reports on potential growth.

I would like to also suggest you contact 3 local builders and ask them for their m2 price for constructing a high set. In fact you need to get them to come out to the block and eyeball it because if theres even a slight slope the builder will either cut the block and or add retaining walls to level it off and you need to factor that in. What seems…[Read more]

Hi Julian, basically the process of buying property in a SMSF is similar to buying as an individual. The SMSF is basically the entity, and it chooses the property it wishes to buy in a normal fashion. The loan approval is obtained through the SMSF entity. You would engage the services of a conveyancing solicitor or lawyer as per usual, and the…[Read more]

Happy to send you a report on the Suburb growth potential and Local Government Area Statistics.