superAndrew replied to the topic Commercial Property in North Ipswich in the forum Commercial Property 11 years, 7 months ago
The best methods for valuing commercial property are:
1. Cap Rate
2. DCF Approach
3. Recent SalesI would recommend 1. and 3. At least 2 methods need to be used. 2. might be a little complicated and requires a lot of assumptions.
3. Find similar commercial property sold prices per sqm and apply them to your property. You can use this website…[Read more]
superAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
Actually 2006 population was 437, 2011 census says it’s 711. Good growth.
Here is one from Roma. Population 6,906.
http://www.realestate.com.au/property-house-qld-roma-116248179
Price: $280,000
Rent: $430 per weeksuperAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
There is a reason why banks don’t lend or only lend at a low LVR. Banks are very good at assessing risk. At least they should be since that is their job. When a bank lends you money it needs to make sure to get it back from you and earn interest on top of it.
Australian banks will lend in general 80% because should you not be able to make the…[Read more]
superAndrew replied to the topic new layout in the forum Site Problems / Feedback 11 years, 7 months ago
Some members are being pretty rude on this thread. I am a new user and didn’t get to see the old forum but like the look and feel of this one.
It’s simple and clean and easy to use. Of course there are a few issues and fixes that can be made to improve the functionality and experience of the site. That’s why this thread is here for: To point out…[Read more]
superAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
Here is one in Brisbane City. Under contract.
http://www.realestate.com.au/property-unit-qld-brisbane+city-115644295
Price: $250,000 neg
Rent: $360 per weeksuperAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
I saw a post on this forum not so long ago which was posted in 2006 that is talking about +ve cash flow properties in the US.
https://www.propertyinvesting.com/topic/4385123-usa-positive-cashflow-properties/This is 2 years before the financial crisis. So the US has been full of +ve cash flow properties for over 8 years now… where are all these…[Read more]
superAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
I saw a post on this forum not so long ago which was posted in 2006 that is talking about +ve cash flow properties in the US.
https://www.propertyinvesting.com/topic/4385123-usa-positive-cashflow-properties/This is 2 years before the financial crisis. So the US has been full of +ve cash flow properties for over 8 years now… where are all these…[Read more]
superAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
I saw a post on this forum not so long ago which was posted in 2006 that is talking about +ve cash flow properties in the US.
https://www.propertyinvesting.com/topic/4385123-usa-positive-cashflow-properties/This is 2 years before the financial crisis. So the US has been full of +ve cash flow properties for over 8 years now… where are all these…[Read more]
superAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
http://www.realestate.com.au/property-house-qld-dirranbandi-116828331
Price: $85,000.00
Rent: $150 per weeksuperAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
None of the other members want to contribute to the list?
http://www.realestate.com.au/property-house-qld-east+innisfail-116014499
Vacancy: 1.7%
Spend $5,000 and rent it fully furnished for at least $300.
superAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
http://www.realestate.com.au/property-house-qld-miles-116356347
Note: close to mining area.
superAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
I development the application for my own use but am working on a more user friendly online version. Can’t tell you for sure when it will be ready. I am in the process of doing a property development and haven’t had much time for anything else.
Use this spread sheet as a guide if you don’t have your…[Read more]
superAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
Hey Ben
I am developing a positive cash flow property finder tool and am using that. I don’t have an online version of it yet but am working on it.
For maintenance and repair I would make a provision for $800. Usually maintenance and repair mostly go towards kitchen and toilet related problems but there are of course others too.
superAndrew replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
Sorry Engelo, can we please use this thread for examples of Australian positive cash flow properties that are currently for sale only? There are numerous other threads on US properties.
There have been a lot of positive cash flow US properties for a few years now. I also agree that for established Australian Investors they could add value to…[Read more]
superAndrew started the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
A lot of starting investors find it hard to find positive cash flow properties and are looking for real world examples of these properties rather than the method of finding them. Steve’s book provides a very good starting point and method which most starting investors should be familiar with.
Over time I will list the ones I find on this thread.…[Read more]
superAndrew started the topic Positive Cash Flow Properties – Real world examples in the forum General Property 11 years, 7 months ago
A lot of starting investors find it hard to find positive cash flow properties and are looking for real world examples of these properties rather than the method of finding them. Steve’s book provides a very good starting point and method which most starting investors should be familiar with.
Over time I will list the ones I find on this thread.…[Read more]
superAndrew replied to the topic Selling hour home to your company in the forum General Property 11 years, 7 months ago
In QLD the company will have to pay $32,000 in stamp duty when purchasing the property.
When you will sell the property to the company you won’t have to pay CGT since it is your PPOR. However when the company owns it, it will have to pay CGT at 30% if you decide to sell it in the future.
Other issues to take into consideration will be legal. The…[Read more]superAndrew replied to the topic China’s Latest Corruption Target: Overseas Real Estate in the forum General Property 11 years, 7 months ago
Actually it is not that easy to get money out of china. There is a $US50,000 annual limit per person for Chinese to transfer money overseas.
superAndrew replied to the topic Selling hour home to your company in the forum General Property 11 years, 7 months ago
Is the family home worth 400k or is it the cost of the renovation?
The company will have to pay stamp duty when it buys it. The amount depends in which state you are located.
superAndrew replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 11 years, 7 months ago
A property crash is bad for people who have to sell their properties or can no longer afford their debt payments.
For everyone else it is an opportunity to pick up bargains.
My rules are:Don’t borrow more than you can afford to pay the interest on your loans for 2 years using your savings while having no income coming in; and
Buy properties…[Read more]- Load More



