Archive for the ‘Investment’ Category

 At Channel Direct Home Loans we are pleased to be able to assist in the process of purchasing a home. This could be your first home or your next investment property or you are simply moving to a new location in Lake Macquarie, Newcastle, Central Coast, Hunter Valley, Maitland Cessnock or Port Stephens For the most recent capital growth reports on these areas Growth Report June 2011

Simply email: report@channeldirect.com.au and give us the details of the property that you are interested in.

In the latest API magazine  Newcastle, Wickham, Maryville and Cessnock were amount the top 100 suburbs in Australia identified as locations that offer investors good value buying. 

At Channel Direct Home Loans we are pleased to be able to assist in the process of purchasing a home. This could be your first home or your next investment property or you are simply moving to a new location. 

 By giving you a free Price Finder property report at no cost to you. This is invaluable information when it is time for decision making. This report will show the recent sales in the Suburb as well as the demographics of the suburb, all of this can assist in the decision making process.

Simply email: report@channeldirect.com.au and give us the details of the property that you are interested in.

At Channel Direct Home Loans we are pleased to be able to assist in the process of purchasing a home. This could be your first home or your next investment property or you are simply moving to a new location in Newcastle

 By giving you a free Price Finder property report  at no cost to you. This is invaluable information when it is time for decision making. This report will show the recent sales in the Suburb as well as the demographics of the suburb, all of this can assist in the decision making process.

 Information is a very powerful tool when it comes to purchasing  a  property. Do you have pre approved finance, do you know how much you can borrow, how much you can afford to repay, this is all very important information to have when you are looking to purchase.. Channel Direct can help you answer these questions

Simply email: report@channeldirect.com.au and give us the details of the property that you are interested in.

Here are 3 reasons to consider buying an investment property:-

1. You can buy with as little as a 5% deposit.
2. If you buy vacant land for under 400K and build, there is no stamp duty on the vacant land.  Buying new gives the most tax effective non cash deductions.
3. Research suggest that Australia’s capital cities will more than double in size within 50 years under current immigration rates.  As a consequence, there will be a natural flow on effect for our regional cities.

Free Property Report

Recent statistics released by Rpdata for the second quarter 2010 shows capital growth is still being recorded in the Lake Macquarie area.

The strongest performing suburbs were Awaba 36% followed by Balcolyn and Balmoral with 22%, Mirrabrooka and Eleebana had 14% with Argenton,  Bonnells Bay, Cardiff and Cardiff Heights, Fassifern, Kilaben Bay,Rankin Park, Speers Point, Toronto and Warners Bay all showing growth of between 6-8%.

Lake Macquarie is one of NSW strongest growing locations with it’s proximity to recreation and employment opportunities. A great place to raise a family  

If you are looking to buy in these or any other areas within Lake Macquarie and would like to now how your suburb is performing then follow the Rpdata link at the start of this article for you free report

Property Investor Profile

• Highest percentage of property investors are in the 36 – 45 age group.
• 55% will be male.
• Property investing is part of their retirement plan.
• They have either equity in their existing property or a cash deposit.

Apart from investing in property, share trading is also an interest of mine.  Indeed, after the pain of losses, I invested in education and was mentored by Louise Bedford and Chris Tate (traders based in Melbourne).  Louise posted an article based on a conversation she overheard between two traders talking about how money isn’t really all that important.

“People make too much of a big deal about money.  It really doesn’t matter that much.  I mean it’s not like the rich people end up with kids who are more intelligent, is it?”

Louise quotes a study by Michael Marmot based on 17,200 babies born in the UK in one week in 1970 to look at just this question.  Significant health inequalites existed between the poorest and the richest groups for a start. For example, excluding the richest and poorest 5% of people in the UK, the richest remainder can expect to live 6 years longer and enjoy an extra 13 years free of disability.

The clincher, however, was that babies with low IQs at 22 months born to rich and well educated parents had caught up by the age of 6 with kids who started out with high IQs born to those with parents less well of and educated.  By the age of 10, the kids from the well-off parents were still progressing well with IQ tests, whereas the less well-off group were falling further and further behind!

I have just received a welcome email from my RTO advising me that my assignments for the Diploma of Financial Services (Finance/Mortgage Broking Managment) were assessed as of  “a high standard, reflecting your professionalism and experience.”  I am looking forward to framing my Diploma once it arrives in the mail. 

As from 1st July 2010, brokers were required to register with ASIC as a prelude to mandatory licensing which comes into effect as from 1st January 2011.  No registration means that a broker is unable to “write” a home loan for a borrower.  With coming regulation under the National Consumer Credit Protection (NCCP) Laws more skill, expertise and experience will be required by brokers to meet the “responsible lending” guidelines. 

To engage in ongoing education is my way of ensuring that I can offer the professional skills required as a mortgage planner servicing the key areas of Newcastle, the Hunter, Lake Macquarie and Central Coast.

Tip  – Start with a lower priced property.

It is much easier for a lower priced property to increase in value by say 10% than a more expensive property.  Lets say you buy a property for $250,000 – you paint, polish the floor boards, tart up the kitchen, a little landscaping and you have added at least the cost of the work to the value of the property and likely more.  You only need the value to increase to $275,000 and you have a 10% capital growth.  It is much harder to have a higher price property increase by that amount.   ($1 million property will need to increase by $100,000.)

There is more to refinancing than meets the eye.  Let’s look at the three main drivers behind refinancing:

1. Debt consolidation.
2. Better interest rate
3. Release of equity

Let’s look at the release of equity. Most of my refinancing activity comes through my investor clients. Investors are starting to fill the gap that was created by first home buyers. They are building a little bit of equity in their property and then refinancing so that they can buy another property.  It is like “leap frogging” into the next property.  Your equity provides the deposit and costs for the investment property. These funds are tax deductible, as it is the purpose of the funds that the ATO looks at rather than the security offered.

Releasing equity is a great way to start building your property portfolio.

If you have property in Lake Macquarie, Newcastle, Cessnock, Maitland, Central Coast or Port Stephens  and would like a no cost Rp Data property report just follow the link below

 No cost Rp Data Property Report