Looking to go down the investment path. What's next?

Discussion in 'Investment Strategy' started by Sush, 22nd Aug, 2018.

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  1. nuzullandchicky

    nuzullandchicky Well-Known Member

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    The new blocks with new homes will be smaller blocks of land and I see more potential in buying exisiting older properties that I can add value to either now or down the track a little which will more than likely be on bigger parcels of land and be better built. Any new home after a year will be old stock anyway so Id rather put my money into something I can add value to and grab growth that way.
     
    nuzullandchicky, 28th Aug, 2018
    #21
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  2. The Y-man

    The Y-man Moderator Staff Member

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    Commercial properties through an REIT would satisfy these.
    - Start small - minumim investments of $510 to $20,000
    - Cash cows - commercial yield can be +6% pa net of management fees and costs. You may still get CG
    - Commercials are usually +ve geared due to lender requirements
    - Pay PI (I assume) - sorry but this will be up to the majority unit holders
    - granted. But most will be in the large cities (except regional shopping centres)

    The Y-man
     
    The Y-man, 28th Aug, 2018
    #22
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  3. Sush

    Sush Active Member

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    Thanks @nuzullandchicky for your insight. Makes sense for sure.
     
    Sush, 30th Aug, 2018
    #23
  4. Sush

    Sush Active Member

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    Thanks @Y-man. REIT sounds interesting! If possible can you please provide any leads on where I can find more info on these? Say, any websites, any recommended agents/companies or experts involved in these? Feel free to PM me if you like. In the meantime, I will also do my own research. Cheers. :)
     
    Sush, 30th Aug, 2018
    #24
  5. Sush

    Sush Active Member

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    Sush, 30th Aug, 2018
    #25
  6. Propertunity

    Propertunity Well-Known Member

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    Old news :cool:
     
    Propertunity, 30th Aug, 2018
    #26
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  7. New Town

    New Town Well-Known Member

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    Might be better to stick with the simple formula of a single residence. Seems like you're happy with your PPR and it could be good value. Can you buy something similar nearby as an investment? Benefit of convenience in purchase and management. Though likely a bit negative CS on 80% lend. The regional coastal QLD towns look like good value now - but also negative CS at the moment
     
    New Town, 30th Aug, 2018
    #27
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  8. The Y-man

    The Y-man Moderator Staff Member

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    Will pm you.

    The Y-man
     
    The Y-man, 30th Aug, 2018
    #28
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  9. spludgey

    spludgey Well-Known Member

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    Your first priority should be to eliminate this before the birth of your child. Use that time to learn about investing on here.
    Doing anything else would be a mistake in my opinion.
     
    spludgey, 30th Aug, 2018
    #29
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  10. Sush

    Sush Active Member

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    Yes, I am quite happy with my PPOR. :)

    That's a good point. Will look into it.

    Which QLD coastal towns you have in your mind? Do you mind sharing your thoughts? Cheers
     
    Sush, 3rd Sep, 2018
    #30
  11. Sush

    Sush Active Member

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    Cheers mate. Much appreciated!
     
    Sush, 3rd Sep, 2018
    #31
  12. Sush

    Sush Active Member

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    I agree. We are on to it and chipping away! :)
    Thanks for your tip!
     
    Sush, 3rd Sep, 2018
    #32
  13. Sackie

    Sackie Well-Known Member

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    To ignore CG and solely focus on CF would be a colossal mistake in strategy imo. Be careful with that trap.
     
    Sackie, 3rd Sep, 2018
    #33
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