Property investing strategy - professional planning and advise

Discussion in 'Investment Strategy' started by mkbonline, 6th Mar, 2021.

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  1. The lucky duck

    The lucky duck Well-Known Member

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    @Beano what did that sell for?
     
    The lucky duck, 26th Mar, 2021
    #41
  2. Beano

    Beano Well-Known Member

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    I never tendered so do not know but I am settling on another property next week
    Seven and a half percent net yield funded at 2.7% .
     
    Beano, 26th Mar, 2021
    #42
  3. mkbonline

    mkbonline Well-Known Member

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    Commercial or residential? NZ or AU ?
     
    mkbonline, 27th Mar, 2021
    #43
  4. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    sounds like CBA at the depth of the GFC

    28 bucks with a 7 % plus rtn .

    Have many a client that bought 100s of thousands with borrowed cash

    ta
    rolf
     
    Rolf Latham, 27th Mar, 2021
    #44
  5. mkbonline

    mkbonline Well-Known Member

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    True that. IVV 10%+ pa for last 10 years: NDQ 24% for past 5 years. But sounds like most lender don’t allow to use house equity money for shares investment without a SOA.
     
    mkbonline, 27th Mar, 2021
    #45
  6. Beano

    Beano Well-Known Member

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    Commercial
    Nz
     
    Beano, 27th Mar, 2021
    #46
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  7. The lucky duck

    The lucky duck Well-Known Member

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    Wow! Beano can I pm you?
     
    The lucky duck, 27th Mar, 2021
    #47
  8. Beano

    Beano Well-Known Member

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    Sure
     
    Beano, 28th Mar, 2021
    #48
  9. Jessica Greves

    Jessica Greves New Member

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    Hi there, I am happy to help. I am a property investor in Sydney and run the financials for my families investment properties. I have set up various financial models and can help talk through your circumstances.
    I have 10+ year experience working in real estate as my full time job for institutional investors and do this on side. I am based in Manly, and happy to have a chat.
     
    Jessica Greves, 31st Mar, 2021
    #49
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  10. mkbonline

    mkbonline Well-Known Member

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    I have not found any financial planner yet. Here is my attempt to build a simple financial modelling plan to achieve $500K per annum passive income by investing in commercial properties (daycare or medical practice) . I have made simple assumptions like 5 properties of $1million each and consider different return scenarios of 5%,8% and so on. Loan repayment at 2.75%

    Please share your comments and advise what can be improved / corrected.

    upload_2021-4-19_21-51-0.png
     
    Last edited: 19th Apr, 2021
    mkbonline, 19th Apr, 2021
    #50
  11. mkbonline

    mkbonline Well-Known Member

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    Which website is popular for NZ commercial property ? Also, if we structure through a company , does it not mean that CGT benefits can not be availed when commercial property or stocks are sold to realize the profit?
     
    mkbonline, 19th Apr, 2021
    #51
  12. Beano

    Beano Well-Known Member

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    Is we a australian permanent tax resident ?
     
    Beano, 20th Apr, 2021
    #52
  13. See Change

    See Change Well-Known Member

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    If you're have a taste for Commercial , I'd go SDA .

    CLiff
     
    See Change, 20th Apr, 2021
    #53
  14. mkbonline

    mkbonline Well-Known Member

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    Yes
     
    mkbonline, 21st Apr, 2021
    #54
  15. Beano

    Beano Well-Known Member

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    I believe for an australian permanent tax resident there is CGT on overseas property .
     
    Beano, 21st Apr, 2021
    #55
  16. mkbonline

    mkbonline Well-Known Member

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    Is CGT for local AU properties as well
     
    mkbonline, 22nd Apr, 2021
    #56
  17. spoon

    spoon Well-Known Member

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    I think you hit the key point. To have a secure job with high pay, this would be greatly enhanced. Of course you can do so by running a business or over the year, accumulate real estate or whatever generate cash flow. But I have found banks like the former.
     
    spoon, 22nd Apr, 2021
    #57
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  18. Beano

    Beano Well-Known Member

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    It's worldwide tax rules for Australian permanent tax residents :oops:! Ps stay a temporary tax resident :p
     
    Beano, 22nd Apr, 2021
    #58
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