Investment Properties

[letsgoplaces Advanced Member Find all posts View Profile Close letsgoplaces]

I would prefer the lump sum
We have done something a little different. We bought a display house in an area we want to live. So when the building company don't want to display the house any longer they hand it over to us. We are coming to the end of the first 2 year lease and they advised last week they are taking up another year. We receive fantastic rent (7% of purchase price) which covers everything So the longer they have it, the better!
So if we get it next year, it will be almost 4 years old but never lived in and the building company keep it in top shape... after all they are trying to sell the design

[Guest Close Guest]

I think I will stick with the ATM's @ 20%

[yowie78 Junior Member Find all posts View Profile Close yowie78]

After 10 years your ATM is almost worthless while my houses have all doubled in price and have barely cost me a cent.

[Johnny E. Drury Lurker Find all posts View Profile Close Johnny E. Drury]

I do not found any other thread instead of this old one.. So I am posting my query here..Actually I am looking for a property for investment. My question is should I hire a investment consultant or not. Because I am fresh in this business and don't have any idea. custodian wealth builders complaints

[Anth120playdo Banned Find all posts View Profile Close Anth120playdo]

IMO residential investment was good in the last 10 years, but no so anymore. Capital gains are long gone (maybe except in sydney). I expect prices to trend sideways at best....
just my 2c

R u joking?
Only been good for the last 10?
Property investment has been great forever, there's no better time than now!
Really have a look at history.......

Investment is exactly that, long term & the aim is capital growth right!?!
nothing's going up much in the next 30 years? It might be flat now, in some areas, but not forever.
Some areas are in demand & they keep paying more to get in.

Anyway, get a couple, but don't be greedy, they can cause you headaches

Personally I like positive geared.
However negative is ok if you have a big tax problem, what you loose now, you make up, plus some in 30 years when most ppl retire.

If you don't have any idea, you should find a good financial advisor

[Beach Advanced Member Find all posts View Profile Close Beach]

I do not found any other thread instead of this old one.. So I am posting my query here..Actually I am looking for a property for investment. My question is should I hire a investment consultant or not. Because I am fresh in this business and don't have any idea.

No.

Because of your lack of knowledge you will get taken for a ride and only lose money.

You need to spend time educating yourself so you know exactly what you are getting into, before you do anything.

Start with Paul Clithero. He is very knowledgeable and recommends a lot of good education sources.

Golden rule - If you don't understand it - don't do it.

[Beach Advanced Member Find all posts View Profile Close Beach]

I think I will stick with the ATM's @ 20%

Is this them?

Are they back in business?

http://indaily.com.au/business/2013/...rom-the-ashes/

http://www.myatmholdings.com.au/inde...mpany-overview

[Guest Close Guest]

Nope.

I have all mine thru 3 different companies using a slightly different form of operating system.
I've made at least 35% returns last 3 years. As high as 42% one year.
Makes my rental properties returns look dismal.

[Guest Close Guest]

The directors actions of my atm is why they failed.
The other major companies doing it properly in Au/NZ are quite comfortably financial.