As the real estate market appears to be 'bottoming-out', claims about cash-flow positive property are becoming more prevalent. A timely WORD OF WARNING -- don't believe them. We always 'do the numbers' and can tell you (more often than not), claims of positive cash-flow are totally unfounded. One thing to bear in mind is that everyone's personal circumstances are different. You need to consider such things as your marginal tax rate (the highest rate of tax you pay), the legal structure within which you are purchasing (your own name, a company or trust) AND when the particular property was built (this will impact your depreciation). The other issue is the confusion surrounding the definition of 'positive cash-flow' - of which there are many. We suggest you have your Accountant look over the numbers before you purchase.
Sunday, September 18, 2011
Beware FALSE Claims Of Positive Cash Flow
Thursday, September 8, 2011
REAL ESTATE WARNING!
Property Buyers Australia
Don’t make the most expensive mistake of your life… Any industry where there is money to be made, attracts underhanded scammers and rip-off merchants. Unfortunately the real estate industry is ‘rife’ with them. If you’re considering purchasing property, we’ve developed a unique to the real estate industry service that will help save you thousands of dollars and prevent you from becoming a victim. It’s called ‘Virtual Buyers Agent’ AND as an introductory offer you can save over 46% on this priceless service. Simply click the following link to find out more: http://www.propertybuyersaustralia.com.au/pages/Virtual_Buyers_Agent.html
Wednesday, September 7, 2011
Spring Is A Great Time For Property Buyers BUT Not For Sellers
Thought you might be interested in the latest comments from Terry Ryder (www.hotspotting.com.au)...
The arrival of Spring brings with it the usual rhetoric from agents about this being the best time to sell – with auctions, of course, the best method. There’s no evidence that Spring is any better than other seasons for vendors – and last year Spring was the weakest selling market of the year. But many people accept the propaganda about Spring and so we are likely to see even more properties for sale across Australia. We already have more homes for sale than at any time since early 2009 and the number has risen steadily this year. The over-supply of homes on the market, coupled with the lukewarm interest from buyers, explains why capital city prices (on average) have fallen this year. All this adds up to opportunity for property investors. The current buyers’ market is set to favour buyers even more, as people list homes for Spring. With interest rates stable and the coming resources construction boom set to re-ignite the national economy, Spring shapes as a good time to buy but a lousy time to sell.
Terry’s commentary supports our opinion that there are some fabulous buying opportunities right now.
If you're even considering purchasing real estate, we have introduced a new service that is totally unique to the real estate industry -- it's called Virtual Buyers Agent. DO NOT buy before you check out this amazing new service -- it could save you from making the biggest financial mistake of your life! Go to http://www.propertybuyersaustralia.com.au/pages/Virtual_Buyers_Agent.html
Cheers
Garry
Monday, May 16, 2011
9 Questions You Must Ask Before You Become A Property Buyer
One way or another, everyone is involved in the real estate industry – either as tenants, home owners or investors. Here are 9 questions you might consider asking prior to taking the plunge into the most significant purchase of your life:
1. How can I profit from this investment?
2. What are my risks?
3. What form of insurance do I need in place?
4. What name or structure should I purchase the property in?
5. How can I improve the profit potential?
6. If I need to sell, what is my exit strategy?
7. Can I afford the property if things change, eg interest rates increase?
8. What type of loan should I take out?
9. What does my accountant and solicitor say about tax/legal
Implications?
This is by no means a comprehensive check list but is designed to cover most of the issues which arise in property investing.
A New Definition For ‘Bank’ – totally out of touch
There is a new definition for the word ‘Bank’…out of touch, uncaring and greedy! OR maybe it’s not so new. If you read the media release issue by the Reserve ‘Bank’ (click the link below), it goes to prove just how out of touch these people are. The media release reads like a university lecture in Economics 101. What these people fail to address is existing ‘real world’ implications – the increasing struggle of many folks just to maintain mortgage payments (let alone the impending increase). AND this has a follow-on impact on all of us.
http://www.rba.gov.au/media-releases/2010/mr-10-26.html
Thursday, March 10, 2011
Untitled
"We Are Out To Save The World"
From unscrupulous, unlicensed, sleazy Property Sprukers
PLUS
We'll show you how to achieve high capital growth AND strong cash flow
Join us at our upcoming "High Capital Growth AND Cash Flow - Save The World Live Training Event" where we'll reveal how to buy low risk residential real estate with high returns - both capital growth AND rent...AND the property is in great suburbs of Sydney.
Training Event Details:
Date: Wednesday 4 May 2011
Start Time: 6:30pm registration for a 7:00pm start
Finish Time: Around 9:00pm
Venue: St George Leaguse Club
Cost: $29 per single OR $39 per double *All profits donated to the New Zealand Earthquake Appeal
To register go to www.ifyl.com.au OR phone our office on 1300 507 559.
Untitled
From unscrupulous, unlicensed, sleazy Property Sprukers
PLUS
We'll show you how to achieve high capital growth AND strong cash flow
Join us at our upcoming "High Capital Growth AND Cash Flow - Save The World Live Training Event" where we'll reveal how to buy low risk residential real estate with high returns - both capital growth AND rent...AND the property is in great suburbs of Sydney.
Training Event Details:
Date: Wednesday 4 May 2011
Start Time: 6:30pm registration for a 7:00pm start
Finish Time: Around 9:00pm
Venue: St George Leaguse Club
Cost: $29 per single OR $39 per double *All profits donated to the New Zealand Earthquake Appeal
To register go to www.ifyl.com.au OR phone our office on 1300 507 559.