http://www.wefindhouses.com.au/ Tue, 07 Feb 2012 00:08:21 We Find Houses Articles http://www.wefindhouses.com.au/?process=views/article.php&articleId=10843 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10843 Investors wanting to enjoy a great buying opportunity in America look no further. Finally a service that provides hassle free property buying, selling and management in the United States. Our American team are dedicated to be the best turnkey property investment and management service for our customers in the USA Recent Sales Examples in US Dollars: 3br home sold in 10/03 for $106K, investor has now purchased for $19K and the property... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10540 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10540 Did you know a change in Queensland legislation now allows for Queensland landlords to pass the cost of water consumption to tenants? In the prelude to a state-wide overhaul of water billing, landlords are cashing in on new laws that allow them to transfer water consumption costs on to tenants. Previously tenants could only be billed for excess water charges and landlords paid the bi-annual regular council water... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10338 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10338 Many investment property owners would agree that finding the right investment property that fits your criteria is like striking gold.  As investors we only want to work with property managers who appreciate the immense responsibility entrusted to them as they manage our valuable assets and display evidence that our properties are in good hands under their management. With this in mind we have put together... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10313 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10313 The rise of the Australian property market is making headlines overseas, with overseas investors now looking to the Australian for a safe market to invest largely due to the Australian economy benefiting from the continued demand for mining resources from China and India. This week the China Post made specific reference to the continued strong performance of the Australian property market, and... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10286 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10286 Economists from around the country are predicting a rise in the official cash rate at today’s meeting of the Reserve Bank of Australia. According to new data released by the Courier Mail today house prices posted their biggest monthly increase in at least five years in January 2010, while business and consumers... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10248 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10248 If you are thinking about entering the property market or are wondering how do to get the most out of your property investments then consulting an investment property specialist like We Find Houses is a good place to start. We find Houses has been providing property investment strategies and specialised property investment services for over 10 years and has built up a client portfolio of over 2,000... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10112 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10112   The evidence that property prices are on the rise in Australia continues to mount, this time a property guide compiled by the Sun Herald and the Fairfax owned Australia Property Monitors indicates 82 suburbs in Sydney are tipped to see 10 per cent or more growth for houses in 2010 with another 53 suburbs expected to see the median price of apartments rise by 10 per cent or more. This come hot on... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10109 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10109 The latest cash rate outlook from St George Bank indicates a slow rise in the Reserve Banks Of Australia’s Cash Rate from 3.75%  in February 2010 to an expected Cash rate of 4.25% by December 2010. So what does this mean for consumers? A Cash Rate of 4.25% would see interest rates return to pre financial crisis levels of the average consumer home loan lending rates of... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10011 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10011 With demand for rental properties set to soar this year, property experts, such as We Find Houses, are urging investors and renters to get in now ahead of an expected price rise. Property investors are gearing up for a strong year as big rent increases and strong capital gains are expected to offer double-whammy returns during 2010. Demand for rental properties, from both investors and tenants,... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10010 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10010 According to a new article from hotspotting.com.au founder Terry Ryder, 2010 is the "year of the regional centre" and with 2009 being tough for a number of investors, many are looking for a higher returns in 2010. So where do investors look to improve better property returns? The answer is Australian regional centres.   One near-certainty is that investors will... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10009 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10009 The nation's property market is predicted to continue its stellar run.  Investors wanting to ride the wave are buying confidently, demonstrated by record auction clearances after the restraint by the Reserve Bank to lift interest rates.   The auction clearance rate in Melbourne shot to 66.2 per cent, compared with only 49.2 per cent a year ago, according to Australian... http://www.wefindhouses.com.au/?process=views/article.php&articleId=6486 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6486 Low Interest Rates = Money In Your Pocket.....Property will give you the leverage to Maximise the Opportunity.   Please take a moment to consider where you want to be in the next 5 years.    You could well be on your way to a bright future if you take action now!   If you take action now you have a chance of being in a life changing position, it is time to make sure your future counts... http://www.wefindhouses.com.au/?process=views/article.php&articleId=6178 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6178 Borrowing Capacity Soars as Rates Drop   The Borrowing Capacity (BC) of Australian Property Investors and Home Buyers has surged again with the latest cut in interest rates.      The recent Rate Cuts have had a huge effect on what people are able to borrow.  As an example let’s take a couple who each earn $35,000 pa, have no debts, and 2 kids.  In August they could borrow... http://www.wefindhouses.com.au/?process=views/article.php&articleId=6141 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6141   There is no shortage of industry opinion advocating that we are about to recognise a tipping point in the property market.  While the majority of investors are sitting on their hands waiting for the herd to start moving, there is another group of Investors who will be enjoying the success of the decisions they are making to acquire more properties while the buying is exceptionally good.   Here is an example of... http://www.wefindhouses.com.au/?process=views/article.php&articleId=6140 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6140 A succession of massive rate cuts has dramatically changed the yield outlook for Australian Property Investors.   Traditionally, our investment property market has had a negative yield, that is, the rent received doesn’t cover the interest payments on the property.  This, in most years, is more than compensated for by tax advantages and capital growth.  But, with 3% (and counting) in rate cuts, that... http://www.wefindhouses.com.au/?process=views/article.php&articleId=6139 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6139 Here’s an incredible fact!  The way rates are going, mortgage repayments may soon be cheaper than renting!   It’s true!  As if low prices, and increased BC’s (due to rate cuts), aren’t enough to flood the market with First Home Buyers!  Now it’s actually going to reduce their weekly outgoings!   I recently talked to someone about a brand new... http://www.wefindhouses.com.au/?process=views/article.php&articleId=6138 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6138 The Borrowing Capacity (BC) of Australian Property Investors and Home Buyers has surged again with the latest cut in interest rates.  John Gay, Mortgage Broker, Qld,  tells us in this report……… The recent Rate Cuts have had a huge effect on what people are able to borrow.  As an example let’s take a couple who each earn $35,000 pa, have no debts, and 2 kids.  In... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5948 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5948 THE Reserve Bank has not ruled out further rate cuts after it slashed 1 percentage point from borrowing costs yesterday, while the Government stands ready to rain more money on families. A household with a $400,000 mortgage will save $257 a month after yesterday's cut, provided their bank passes on the full reduction in official rates. If their lender dropped rates by only 0.8 points, borrowers would save $207 a month. The big... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5946 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5946 Real estate market set for a boom The Tamworth real estate market is set for a massive boom, after the Reserve Bank’s announcement that it would cut interest rates by one percentage point. The announcement comes as great news to Tamworth residents, with prospective home buyers as well as those paying existing home loans set to save large amounts of money. PRD Nationwide principal Rob Philp said the announcement was... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5945 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5945   The practice of rent bidding will be banned in Queensland from next year. State parliament passed legislation on Tuesday night to respond to the changing private rental market, Housing Minister Robert Schwarten said. "There's been skyrocketing rents, the growth in off-campus student accommodation and rental accommodation for seniors, and the emergence of rent bidding or auctions, which I consider to be a most... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5941 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5941 People Who Leverage Their Time Achieve Financial Freedom   I was talking to a Financial Planner last week and he was discussing with me two of his clients.  One client had a high paying job, was a well educated person, and was in an excellent position to direct some of his cash-flow income towards buying income producing assets such as “Investment Properties”, but didn’t get around to... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5630 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5630 The global slowdown is wiping off overvaluations, bringing housing prices down, even in notoriously expensive Sydney WITH Australian house prices coming under pressure from the global financial crisis, some market participants are rubbing their hands together: home buyers, or as Jack Thompson called them in the old Bank of Melbourne ads, "humbars". Even first home buyers are in their best situation for many years,... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5748 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5748 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5552 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5552 What "Credit Crisis" ?  Your  Personal Invitation to Become a Millionaire Starts Now.  Discovering what opportunity looks like is a key principle to unlocking the secret to financial success. There are many industry experts who’ve had a lot to say about the current economic changes that we are all witnessing and I don’t feel that I have to type another long philosophical version... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5420 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5420 Warning on Deductible Lines of Credit Interest is only deductible if it is incurred on a loan where the funds borrowed were used to produce assessable income. This means that if you bank your wages into your rental property line of credit then draw the money back out to pay off your credit card at the end of the month you will lose deductibility on the amount re borrowed to pay off the credit card. If you keep this up in about 5 years time... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5419 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5419 Selling Vacant Land No matter what your intention was with the land, the fact you do not own a home or how unfair the law is you are not entitled to the CGT main residence exemption on vacant land. This is because the exemption only applies to dwellings and the land attached. No dwelling no exemption. So build or put a caravan on the land and live there for 3 months to get the exemption back dated for 4 years before you lived there. But... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5418 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5418 Main Residence Trap You must live in a house before it can be exempted as your main residence or your spouse or children under 18 must live there. Don’t be caught out as one family did. The parents worked overseas and only came to Australia for holidays. Their children over 18 lived in their house but the parents had never lived there. Unfortunately, it was the parents, not the children’s name on the deed so no main... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5416 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5416 Fees For Property Investment Seminars Despite what they say fees to seminars intended to train you in property investment are rarely deductible. You are only entitled to a deduction for the portion of the costs that can be attributed to increasing rental income, dealing with tenants or reducing expenses on repairs etc. Any costs associated with learning how to pick a good property and increase its value are not tax deductible. Please... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5415 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5415 Renting Out Your Old Home & Building Your Dream Home The interest on the loan for your new home will not be deductible. Only the interest on the loan to originally purchase your old home will be deductible against the rent. Consider one spouse buying the other spouse’s half of the property. The interest on the loan for that half will be deductible. Make sure you apply to the ATO for a ruling first. Explain you have a... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10491 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10491 Even though property investors have returned to the market strongly in recent months, We Find Houses Director Paul Wilson says, the true property investor has been there all along, because the fundamental principals of property investment in Australia do not change. Recent statistics from one of Australia’s largest mortgage groups AFG indicates investors have returned in force to Australia's major capital... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10442 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10442 According to a data released from the Reserve Bank of Australia and a recent article by the Sydney Morning Herald, Australian property and the wealth derived from property is gradually being concentrated with Baby Boomers, and Generation Y and other younger Australians are finding it hard to purchase their first home or property. The Reserve Bank of Australia bank referred to a trend of cashed up... http://www.wefindhouses.com.au/?process=views/article.php&articleId=10361 http://www.wefindhouses.com.au/?process=views/article.php&articleId=10361   There is always a consistent struggle with investors seeking a balance between growth and cash-flow from their investments. Ultimately the ability to continually purchase properties will be based on the amount of debt you are able to service with your combined cash-flow from your Salary, businesses and investments.  As property investors... http://www.wefindhouses.com.au/?process=views/article.php&articleId=9795 http://www.wefindhouses.com.au/?process=views/article.php&articleId=9795 NSW rents predicted to rise as land valuations rise! The NSW Valuer-General has issued new land valuations that will form the basis of tax assessments sent out by the Office of State Revenue next month. The Sydney Morning Herald's Property Editor Jonathon Chancellor reported on 11 Jan 2010: "Rents will face upward pressure this year as the latest land valuations push up land taxes. Land values in the inner west surged last year.... http://www.wefindhouses.com.au/?process=views/article.php&articleId=9794 http://www.wefindhouses.com.au/?process=views/article.php&articleId=9794 Mortgage Health Check - Is it time? When did you last review your mortgage/s to ensure that you have the best product available for you? It would be fair to say that while you may have chosen the best available product at the time you last took out a mortgage this product may no longer be working for you. With predications that the 2010 will be great year for property investors, now is the time to be prepared to buy your next investment,... http://www.wefindhouses.com.au/?process=views/article.php&articleId=9793 http://www.wefindhouses.com.au/?process=views/article.php&articleId=9793 Insurance - are you covered if your tenants damage your property or if you have an unexpected period of vacancy? Landlord Insurance is something all investors need to protect your asset/s. Now is a good time to make sure that your Investment Properties are fully covered by your insurance policy. Will you be covered by your Landlord Insurance if your tenant burnt your property? Or if they damaged your property or the contents you own in... http://www.wefindhouses.com.au/?process=views/article.php&articleId=9792 http://www.wefindhouses.com.au/?process=views/article.php&articleId=9792 Brisbane - the place to invest in 2010!! Terry Ryder, Property Analyst, states that the 5km radius extending out of the CBD will blossom in 2010 largely due to new infrastructure, namely Clem 7 & the Northern Busway. Terry Ryder said the Clem7 would help prospects in the emerging renewal precincts around Bowen Hills and Newstead. He also said that 'Woolloongabba is a suburb waiting to be discovered and had got a lot of potential... http://www.wefindhouses.com.au/?process=views/article.php&articleId=9791 http://www.wefindhouses.com.au/?process=views/article.php&articleId=9791 Gold Coast Property News - Supply and Demand - the number of new arrivals to the Gold Coast far outweighs the number of houses being built! This is great news for investors; low vacancy rates & capital growth forecast. The Gold Coast Weekend Bulletin's Lucy Ardern reports on 2 & 3 January: "Concern [has been] expressed about how the Gold Coast will house its rapidly growing population. Midwood Report author Mill... http://www.wefindhouses.com.au/?process=views/article.php&articleId=8095 http://www.wefindhouses.com.au/?process=views/article.php&articleId=8095 http://www.wefindhouses.com.au/?process=views/article.php&articleId=7021 http://www.wefindhouses.com.au/?process=views/article.php&articleId=7021 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6542 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6542   The We Find Houses team have been keeping a close eye on the Melbourne Property Market and want to share with you some of the great opportunities our research has found. According to market statistics Melbourne is offering some excellent buying opportunities under $300K. The Annual Return Index measures the capital growth of an investment property together with net rental income, to give an accurate... http://www.wefindhouses.com.au/?process=views/article.php&articleId=6438 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6438 It is a long time dispute, should I buy a Positive Cash-flow Property or a Capital Growth Property?  I recently attended a function where the presenter was promoting his house and land services and wanted to make sure that the audience was aware that in his opinion the only value in a property is the Land and the not the building itself.  He said, even new buildings are worth nothing after 40 years of depreciation, so... http://www.wefindhouses.com.au/?process=views/article.php&articleId=6437 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6437 Coolangatta and Tweed Heads apartment values reached new heights in 2008, defying the downward pressure on property prices across Australia, new research by Colliers International has revealed. Preliminary figures show high-rise apartment resales in the two suburbs averaged $768,535 during 2008 up from $747,127 in 2007 and achieved an average capital growth of 7.1 percent per annum. Three buildings in the area achieved an average resale... http://www.wefindhouses.com.au/?process=views/article.php&articleId=6247 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6247 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6143 http://www.wefindhouses.com.au/?process=views/article.php&articleId=6143 Claiming Super Fund Set Up Costs If your business is a company or a trust you can set up a self managed super fund and the business, if it incurs the costs of the set up, can claim a tax deduction over 5 years for these costs. It is normally better for the business to claim the costs as it is usually in a higher tax bracket than the 15% applicable to superannuation funds. Please seek advice on your particular circumstances before acting... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5673 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5673 All eyes are on Australia’s property market after the global financial crisis. It is the bellwether of Australia’s emotional health and there are few who would argue that prices are inflated and affordability is low. But if the property market was fragile before the crash, it is even more so now. Many people who suffered big losses on shares will be forced to sell property to cover margin-loan calls and other debts. Then... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5629 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5629 Rental Property Depreciation Domestic rental properties built before July 1985 do not qualify for building write off. Do not be cohersed into paying for a quantity surveyors report just to calculate the depreciation available on the plant and equipment in the house. Unlike the building write off you are allowed to estimate the value of the plant and equipment yourself. Please seek advice on your particular circumstances before acting on... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5539 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5539 Sometimes you just need to talk to someone who understands your situation and can help you discover how to move forward with your plan. Here at We Find Houses, we specialize in one on one property coaching.  Whether you’re a first time investor, or an active buyer looking to add properties to your existing portfolio, our professional team will assist you to develop an individual investment strategy  to locate...