Thanks mate. The high end is brisbane is really not that deep. The qlder style of timber homes frankly doesn’t appeal to a lot of migrants from...
Brisbane property went nowhere for years. I remember the mid 2000s until 2020 it was a very pedestrian market at best. it took COVID (massive...
no Paul, delusional is those people like yourself and politicians who don’t get that property is not like buying and selling loaves of bread and...
Reduce CGT and investors will cash in their properties in droves and invest money elsewhere as the yields in resi don’t stack up anymore. Not the...
the fundamental issue is why is there taxes on capital Gains anyway? It’s not “profit” if you held something for 25 years and inflation was the...
I agree with both sides. But I can tell you, there are plenty of people wanting to sell down their residential portfolios and convert their...
If they drop CGT concessions to 25% or Nil, a lot more people will hold generational wealth and never sell. This will cause prices to rise not...
India is definitely not 80 years behind China. It is prob where China was in the early 2000s on the cusp of huge growth. Likely by 2100, it...
GC definitely seems to have matured as a market and we will have less boom Bust from this point. it is essentially a capital city now
you are thinking on the right track!. This is the million dollar question that nobody can answer confidently. We are entering a world of very high...
Funnily, I find commercial property WAY less stressful than residential once you actually understand what you’re doing. The best thing about...
We always aim to achieve an average 10% return on our CRE portfolio. some of our assets had significant vacancy when bought or value add potential...
Banks help you grow but you need to play the game by their rules and understand what they want which is income AND equity. (Ideally at all times -...
Our capacity is somewhat tight (not because of high LVR but our ICR has dropped from 4x to 1.7x in the space of 15 months) We have spent the last...
Unless you find a unicorn or a stupid vendor or just get plain lucky - it’s very hard to make money on brand-new, shiny assets. you need to take...
You should not hit your serviceability wall if you can - add value and keep your LVR low when you revalue - good tenants, good metro location,...
When you convert equity to cash ie. sell - you pay CGT and agent fees and stamp duty to get back in - this alone wipes out a huge % of the equity...
Don’t ever sell if you can avoid. Untaxed capital gains which can be refinanced are the gift that keeps on giving
we buy everything now using 100% bank finance. Using equity out of existing assets each time and sticking to max 65% LVR on each new purchase....
Well done on a impressive portfolio with some quality assets. Nothing wrong with living in one of your cheaper rental properties and waiting for...
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