KEEP INCREASING YOUR RENTS

Wholesale Property Brokers
http://www.wpb.com.au
Australia*Hong Kong*Singapore*India*Malaysia

I dont believe there are any tricks. Although be careful on this site, you need to determine what is best for you.

Ask yourself a few questions? Who are my tenants?Where are they coming from? Where do they want to live?

It is no suprise that the next shift is to Melb/Syd CBD’s. All of the idealists dont want to admit it because they…[Read more]

e.g 10.4% x $100K = $10.4K

and…

10.4% x $400K = $41.6K

The reason it is irrelevant is the expenses and not relative to buy price. Rates of $1200p.a is over 1% for the $100K property and less than 0.25% for the $400K…[Read more]

Australian Property Planning is one of my companies competitors and i have only heard good things. They have been around for a long time which is a good indication. Always do your own research for your own comfort ,

regards

Wholesale Property Brokers
http://www.wpb.com.au
Australia*Hong Kong*Singapore*India*Malaysia

I am not a mortgage broker , however i can highly recommend a Melbourne broker , they are based in Camberwell . They have investment analysis software , and specialise in investors. Contact details are 9882 3400.

cheers

Wholesale Property Brokers
http://www.wpb.com.au
Australia*Hong Kong*Singapore*India*Malaysia

the “ramifications” are the vendor is able to sue for all damages, including and not limited to legal costs. They can charge interest on the contract shortfall at the prevailing penalty interest rate, which i believe is currently 13.25% , many developers add a clause to charge an addittional percentage above this amount 4% extra…[Read more]

If this is in a good suburb i will purchase it, you may contact me direct on 0404092256 or tony@wpb.com.au

cheers

tony

Wholesale Property Brokers
http://www.wpb.com.au
Australia*Hong Kong*Singapore*India*Malaysia

what did you invest for when you started?

Was it cashflow or capital ?Judging by where you have invested , i would assume cashflow, this will not happen agian within the next 5 years , if you want the capital , i suggest you cash in whilst you can

cheers

tony

Wholesale Property Brokers
http://www.wpb.com.au
Australia*Hong…[Read more]

you have kids . Dont change your family home for the sake of investing , it should never affect your lifestyle.

The concept of property is all about leverage , use your equity to reinvest. Just buy well.

cheers

Tony

Wholesale Property Brokers
http://www.wpb.com.au
Australia*Hong Kong*Singapore*India*Malaysia

In Asia it is considered an exclusive education to attend an Aussie school . I must have missed those highlights.[blink]

Wholesale…[Read more]

make sure you finish your studies. You will always have that to fall back on and no one can take that away from you.

With reading the books and talking on line , it is great to have a forum to talk to like minded people, but dont lose sight of the fact you must experience these scenarios yourself.

Notice the highlight of Duckster was…[Read more]

i have enjoyed many of your posts , but many also are very negative. i do live in Melbourne , but thankfully not in the Western suburbs , because i may have to drive over the Westagete bridge (huge bridge ~ for those not aware) and would be tempted to jump.
Has all of this built up negativity given you analysis…[Read more]

TONY WJB, may i cal you wazza. I read your posts and thought “GEE , this guy seems down to earth.”

Then, I found out you were a sparky…. you lazy SOB!”

I’m an electrician too…. and hence disregarded everything you spat out your gab. You are over…[Read more]

I have been a full time property investor for over 10 years (ex sparky). Great area to start. What made you choose Ringwood? It would be well worth looking into subdivision. Contact FR Perry and Assoc, they are a great town planning company, i can hihgly recommend them. You can contact Alistair Perry via email on…[Read more]

what suburb is this property in ? What is the population?

I agree with elkham and crj, you could offer a long rent free period but a premium on rent , i would suggest a 3 x 3 lease. Be very careful with commercial leases , there has been precedent law cases of non dislosure of outgoings and the tenant claiming the full rental as a…[Read more]

there are plenty of properties in melb and syd that are cashflow positive. You should look at close to the CBD’s , they are difficult to sell at the moment.(good for buyers) Also they are easy to rent, people are paying serious premiums on rent , there are numerous opportunities. You dont need to offer close to what people are asking.…[Read more]

However a year ago many people in here where boo-hooing Perth. I bought in anyway and am happy. Now more people here are even more concerned about Perth but don’t check the facts. I admit with many expects here. You have many people on the east coast beco…[Read more]

Victorian average rateable value 1891 = 500 pounds.
– at 10% (doubling every 7 years) that would be 32.768 million pounds, or $65 million in 2003 dollars.
– at 7% (doubling every 10 years) that would be 2.048 million pounds or $4.096 million dollars in 2001.

Nowhere near reality.

Hi F ,

where is this average…[Read more]

This is exactly what I have been looking for with this thread. Can someone name these lenders?

This is a full doc loan.
[/quote]

Hi adam ,

i am a full time investor and can highly reccommend this broker, call Mike Wood on 0409146817, he does loans in WA and all across Australia, he will be able to fix your problem but i doubt he…[Read more]

do you have any great deals you recently done?

cheers

Tony

get rid of all non essential expenses ,pay tv ,porn mags (may be essential for some) etc

make a series of goals with set timelines and stick to it , it sometimes pays to team up with a friend that may be in a similar predicament. Like going to gym if you pair…[Read more]

Hi Tammy , the CGT implications are post rebate . ie of the price is $350K , you had a rebate of $70K then your net price is $280K lets say in 3 years you sell it for $400K then your…[Read more]

I think we should all be taking this negative media hype and putting it in our negotiating kit , to assist in some real…[Read more]

Wish they would tell it to the ppl of western Sydney, sure it would make em happier.[hmm]

[thumbsupanim] liked your comment

So these figures below are all wrong are they. The share price does not reflect profit , but being an expert you would know this.

(2004)Telstra shareholders will receive the first instalment of the promised three-year $4.5 billion capital return through an off-market share…[Read more]

Wow , I am drained from reading the history of the financial world of Australia. Your insight definately creates some personal thoughts that I can overcome.

Please dont take this comment offensively , but as an analyst or anlytical type have you ever invested? Please dont feel obligated to answer that question, but with in my…[Read more]

you are miles ahead of the pack just by showing interest in investing. Never lose site of your goals

cheers

Tony

From Foundation
“I like the price/dividend ratio myself, by price/earnings (PE) is commonly accepted. Your point being?”

My point is all of these ‘share experts’ quote wonderful sure fire figures , yet less than 1% could explain how their anlysis is calculated , so what does that mean?

For example the ASX 100 is based on the top…[Read more]

Have found your post really intriguing and eagerly wait the next chapter ,

[grad] thanks tony

still waiting on that calculation , or dont you understand it ??? ASX 100 and ALL ORDS ??? Keep searching ….

If you wish to draw comparisons perhaps you should know how the figures are assessed . Dont just read numbers crashy and think you are an expert! Learn what they mean by how they are calculated.

I am eagerly awaiting my…[Read more]

yes you can accrue losses against CGT . Many of my clients are based overseas . The depreciation and other losses can be offset against the CGT.

Also using the NZ trust with a company trustee , this gives the ability to just transfer the shares of the company when you sell the property and the new purchaser takes over the sale…[Read more]

ESTABLISHED HOUSE PRICES

Quarterly Changes

Preliminary estimates show the price index for established houses in Australia increased 3.1% in the June quarter 2006, compared with the movement of 1.1% in the March quarter 2006.
House prices rose in all cities: Perth (+11.9%), Darwin (+3.6%), Canberra (+2.6%), Adelaide…[Read more]

Plan released to cope with Sydney’s population growth
New South Wales Premier Morris Iemma has announced a plan to manage Sydney’s growth over the next 25 years.

The city’s population is expected to grow by more than one million people by 2031.

Called ‘City of cities: a plan for…[Read more]

The properties i noted in the Docklands is stock holdings in completed projects (not Mirvac).

You must of course ensure you then have the cashflow to service your investment . Which if you can save $200/wk you should be right , without knowing your financials .

the vendor is not imposed with addittional tax as they pay based on amount recieved and the rebate is documented as a discount at settlement. Similiar to Harvey Norman cash rebates on air cons.

There is a clause added to the special conditions the sale is subject to acceptance of the rebate agreement. The rebate…[Read more]

thanks for the tips , i will check them out

“Buy low and sell high”

i have offices in Hong Kong , Singapore and India . What do you want to know? First point there are many Aussie rogues selling property for way beyond what it is worth. At the end of the process you want the buyers to settle

Costs are very expensive you need to be selling a lot more than 4 properties, no offence intended.

The…[Read more]

I am at a loss with all the negative comments though?

These mortgagees sales in Sydney should be music to the ears of investors .Why arent we the ones bidding for these properties. Why are we all running to the USA or some bloody place no one other the 24 locals have heard of before.

Havent rental yields dramatically increased…[Read more]

have you done tax variation with the ATO to minimixe your weekly hold cost?

Also i suggest you consider refinancing , there are lenders that would offer 1% off standard variable , just renegotiated myself. This can make a substantial difference. Call SFS 03 9882 3400 they lend on other states as i too have properties in various…[Read more]

if you want to fast track your entry time a few suggestions.

Learn about rebates in property. I will explain more shortly…

You and your gf should ask for a pay rise . Make sure you have a good case why you deserve it (if you dont start working harder then ask). Also request to do overtime and be eager to look to advance in your…[Read more]

i would suggest you get as many recent comparable sales as possible , even buy a local price guide via http://www.domain.com.au. Prices can change by suburb and even by street.

Look at as many properties in the one area as possible to familiarise yourself.

What makes you not want to invest in your local area?

I am not sure on the point of borrowings to invest in the SMSF itself. A SMSF cannot borrow money , so it makes sense.

cheers

a $300K investment property ;

20% deposit + costs of say 6% = $78K, this would be the contribution from the SMSF.

The remaing 80% would be borrowings…[Read more]

Bankruptcy occurs everyday . It is a shame for one family and a great buy for the…[Read more]