Hello Harry, you can check my RUclips channel ruclips.net/user/CommercialPropertyRoadshowWithHelenTarrantfeatured We can also give you tips and advices, you can reach us at: www.helentarrant.com www.unikorn.com.au or email us at helen@commercialpropertycashflow.com.au
I’m making my first million from stock this week as a beginner, this makes me happy not only for the spare cash in my pocket but the time I have for me and my family
How about Australian BRRRR? Hi Kent, I am super happy that we Australians finally have a good RUclipsr on property investment. My questions below may be a good topic for your next youtube. 1) BRRRR property investment that works in USA/UK/Canada, may not work in Australia that we don't have 25-30yrs fix rate loan to minimize interest risk. How to offset this risk? 2) My plan is to hold the investment property as long as I could until I retire to minimize tax OR interest rate becomes too high to be covered by rent. Should I hold all the investment properties under the company? That allows high rental return property to offset the low one. But properties hold by companies are harder to sell since fewer lenders are willing to lend? 3）For having 2 small cash-flow retail businesses, should I have the fixed interest rate Or the variable one, 0.5% higher than fixed one, with offset account? I really appreciate your help.Thank you very much for your advice
RBA traditionally inflation targets rates, inflation drives rents, so the correlation of rents inflating will drive higher rates to hedge this risk. Companies aren't the best entity to hold property because they don't qualify for a CGT discount on holding assets 1+ year. I keep my loans variable to allow for flexibility. But this is because I'm an active investor using my properties as a cash float. All the above is general info on ME, you should speak to a planner/broker about your personal situation for advice.
As long as the channel continues to grow, my audience enjoys the content and there's something to learn, I'll try to make videos 👍 thanks again for the support
This is amazing Kent. I have been watching many property investment both passive and active advise for many many years. You are by far the best. You give actual tangible details instead of just generic high level stuff. A video on how to find properties for undervalued, growth and cash flow using different datasets will be great .
Boi you are spitting knowledge off the brain without even thinking. Clearly know your stuff. I am going to watch the next video to create a property portfolio plan and strategy. If I could offer advice I would say, keep ensuring your videos end with clear TO-DO's. People are simple and when they finish the video they will look blankly at the end screen and think "... so now what...?" Maybe even make a digital checklist they can download for free with step 1. contact advisor step 2. speak to broker etc. Also, keep the word 'Australia' in your video titles as all of us in Australia need advice that is not to be confused with the US. I only just found out last week that we cannot 1031 haha
Hi Kent, I am happy to find your channel cos I am interested on investment property. I am watching your videos and learn some ways of dealing with buying property & collating infos that will help me. So thank you for sharing your experiences and knowledge. Love your work and keep it up.
I do have another video coming out which explains the strategies / stages in more detail. Then I'll dig into each strategy and give tips on how to find the respective types of property. I'm guessing this will be a few weeks out as it will take some time to produce.
Hey Kent, just a quick question. I was considering buying a brand new duplex as an investment property with the FHOG and FHSS. Is this a good route to take, or would I be better off buying an older property?
Hi Kent, great info, much appreciated. I have a question, for someone who wants to start in property development, what is the best way for them to acquire the fundamental knowledge in property development, as you said there is information out there but there are scattered, incomplete and fueled by personal interest. I know you still have to learn a lot on the actual projects but what I am getting at is a structure to get the relevant and complete foundational information as quickly as possible. Would you say the videos on your channel would cover that to a good extent?
I do try to cover as much as I can in 10-15min videos, but the channel has only been going for 4 months so there is a lot of missing content. Read 2-3 Australian property development books (highest reviewed on Amazon), MAYBE a Rawlinsons Construction Cost Guide and speak to your state's Property Council to see if they have a property development course. These are often a lot cheaper than hype spruikers. Sign up to a few online property forums and attend the monthly meetings to network. While doing all this, start reading about your state's planning system, scheme documents etc. This will help you familiarise yourself with the practicalities. This will give you a good base of property development knowledge under $1.5k.
Hi Kent. Thanks for your amazing videos and tips. Can you please turn your reverb off. The echo is driving me nuts. You do not need a reverb on your voice to be honest. Thanks
11:35 could you just clarify here for me - what you're saying is that by never selling your initial asset, and using the equity you own in it as a deposit for asset number 2, there is no tax event, where as using positive cash flow from your initial asset to fund a deposit for asset number 2 will mean more total tax paid?
Yes, because you'll pay income tax on the rent received from the positive cash flow. Debt is a loan account and it's not taxed, the interest is a deduction (provided the borrowings is used for investment).
I’m i little confused here, if you use the equity of your initial asset to buy a 2nd property instead of saving the positive cash flow it generates, its tax exempt due to it being debt? So what are people generally doing with the positive cash flow the initial asset creates if it is not being used to save for another deposit?
Still stunned that you only have 11.5K subs mate... I guess people just want to be told within 60 seconds that it's easy and that they can live the dream of retirement within 3 years or some other such bullshit. Real information like this should be the currency of social media, but alas... Anyway, thank you for your efforts in helping to educate people like me who just want the legit picture.
Hi Mate. I’ve heard there are some benefits of running your investment properties through an ABN? Could you explain if this is correct and why it is beneficial?
I'd focus on value add growth strategies like suggest in DINK, but you'll swap over to cashflow assets sooner as you're income servicing will be capped quicker (buying more assets).
What about if you have no intention of having kids? In that situation, is it worth buying an investment property, or do you think that when you reach retirement age there will be no real need for all that extra passive income, because you're too lonely and depressed to enjoy it?
Old age is inherently depressing amd lonely 🤣 kids only have negligible influence on it both positively or negatively depending on the kids but either way and in all situations more money amd wealth is advantageous
@@totallyraw1313 no im not married but I am in a ltr, marriage is a bit religious for us. Unplanned pregnancies are something I diligently avoided in my youth and now in my 30's children seem better left to the rich and eccentric 🤣 and I'm certainly not rich and I would hate to spit another kid out into this world and leave him to be raised into deadbeat bogan by the streets cause mum and dad were busy working to make ends meet 😢 🤣 I feel I may have overshared
It's not as easy as just the number of homes, it mainly relates to your ability to service the debt. This is impacted by your income and the rental yields you buy the properties on. The best person to speak with is a finance broker / bank to run some servicing scenarios.
Mate do you think buying a cheap older apartment wroth 120 to 140k and letting the rent pay it off over time is a good safe investment ¿ in Perth say maylands or vic park they have some good older apartments they look old but for what you can rent them for 200 dollars a week it almost covers the mortgage repayments so over time someone is paying off your house ¿ is it that simple
Yes and no. It wasn't long ago that those apartments were sitting at double digit vacancy rates and be mindful that a lot of the 60s apartments have rising maintenance requirements (meaning strata rates go up). BUT yes if you can find a cheapy in a small group (try under 2 storeys), well maintained complex (but internal needs reno) do some basic tidy up, you are onto a good thing 👍 It's not my strategy, but if it gets you into the market, it's better than not taking action.
@@KentCliffethanks for taking the time to reply its just that I only earn 40k a year if not high 30s so when I punch that into the loan amount calculators for what I would get approval for it isn't much.. seems like the only thing I could really look at is older apartments. What would you do in my situation
@@beauhalliday9496 I can't give personal advice on if it is a good/bad investment for your situation. However, I can talk about what I'd consider a good/bad property in that $250k price point. I'd consider Bullsbrook (I mentioned it in my Perth market video) 40 min north of the CBD and you can get some old houses on full blocks for ~$250k - www.realestate.com.au/property-house-wa-bullsbrook-132433654 I'd then get in a room mate or 2 (if you're living there) and then use their rent to fund refurbishment of the house (to value add and drive capital growth).
Sorry, I just realised when I was responding I was $100k out on budget (I read the comment this morning and then responded to it later) . I'd speak to a finance broker and confirm $150k is max borrowing, because the online calculators aren't entirely reliable. Then if $150k is Max, the apartment is a good option and try to buy well with opportunity of renovating
@Beau Halliday If you dont mind me asking, what is it you do for a living? If you do mind me asking, are you able to upskill your qualifications to get a higher wage? I have been in your boat for many years now and spent thousands on doing courses that got me no where. I devised a plan to invest in skills that could get me working in a council (parks and gardens as I am bit of a green thumb). The reason was simple. I wanted a job that was rather secure during hard times and something that allowed me to study markets (real estate and stocks) read books to gain a better financial IQ. Council was the perfect fit. I am only working through a recruitment agency at the moment but working on full time position which will help with getting a loan. A part of the job involves picking up rubbish and now WA is starting up the 10c refund on bottles and cans, I can make some extra cash while I do my day job and I am being paid to study what I really want to be doing. Hope this helps a bit
The hand writing is clear, just a few days ago after a bank in United States crashed Bitcoin hit $30k now no body needs to explain to you that participating in crypto trading and investment, is a very good means of building your financial life and achieving financial freedom .
Agreed, with my current profit of $59,000 made from my investment with Mrs SERRA CAROLINA'S trading platform, she's the best trading broker I have worked with and her strategies are so easy to adapt , she's such a blessing to me especially in this current dip
After watching so many RUclips tutorial videos: about trading I was still making losses until I meet Mrs Serra Carolina i started managing my investments now I make $10,567 weekly. God bless Mrs Carolina she's been a blessing for my family.
@@darren1002 Syd/Melb is bleak and the other states will be impacted. I like that you're helping people by warning them of your concerns, but I too am helping people by providing genuine advice. Support people who are really trying to help (Say something like: Great tips BUT.... property is going down). Save the negativity for the spruikers.
Kent, do you have a discord channel where us laymen can get some advice? I'm looking to get started in buy to lets with a friend, though we could really use some guidance.
Have more questions about property investment in Australia? Contact me here: www.kentcliffe.com.au
Hey mate awesome video!
I've been looking for someone like you in Australia. Hard to come by people giving good tips /advice. Love the work. Keep it going!
Good to hear people are picking up the channel!
Sams
Hello Harry, you can check my RUclips channel ruclips.net/user/CommercialPropertyRoadshowWithHelenTarrantfeatured
We can also give you tips and advices, you can reach us at:
www.helentarrant.com
www.unikorn.com.au
or email us at helen@commercialpropertycashflow.com.au
We'd love an update Kent...even if just on what you have been up to property wise :) your channel really helped me.
Not only are you good at what you do, you're a good human being giving great life advise. Kudos.
I’m making my first million from stock this week as a beginner, this makes me happy not only for the spare cash in my pocket but the time I have for me and my family
Hey Amgen you're lucky ,,,at least you have time for your kids and also financially free
I'm new to the stock world, I have good funds to double, do you do this yourself ?
@@molleespillett3181 No, I work with a Pro Monroe Horcel look him up on web to connect with him.
@@amgengroup5352 Thank you, I can see his profile on web, Impressive resume, I'll share my thought with him immediately
My uncle invested quarter a million in Crypto with him and he doubled it at the first quarter of the year which is very impressive, good hands
Finally someone I can learn from without all the BS and selling. Thank you, I am grateful. Keep up the good work..PS I have subscribed ;)
How about Australian BRRRR? Hi Kent, I am super happy that we Australians finally have a good RUclipsr on property investment. My questions below may be a good topic for your next youtube.
1) BRRRR property investment that works in USA/UK/Canada, may not work in Australia that we don't have 25-30yrs fix rate loan to minimize interest risk. How to offset this risk?
2) My plan is to hold the investment property as long as I could until I retire to minimize tax OR interest rate becomes too high to be covered by rent. Should I hold all the investment properties under the company? That allows high rental return property to offset the low one.
But properties hold by companies are harder to sell since fewer lenders are willing to lend?
3）For having 2 small cash-flow retail businesses, should I have the fixed interest rate Or the variable one, 0.5% higher than fixed one, with offset account?
I really appreciate your help.Thank you very much for your advice
RBA traditionally inflation targets rates, inflation drives rents, so the correlation of rents inflating will drive higher rates to hedge this risk.
Companies aren't the best entity to hold property because they don't qualify for a CGT discount on holding assets 1+ year.
I keep my loans variable to allow for flexibility. But this is because I'm an active investor using my properties as a cash float.
All the above is general info on ME, you should speak to a planner/broker about your personal situation for advice.
Great video for a beginner mate! Covered a lot of key points. Thanks for that!
Clear concise and informative great videos mate keep it up!
Great to hear, let me know of any further topics, always search for ideas.
keep up the straight forward advice aimed at the average people. Just what I have been looking for especially for a Australia.
As long as the channel continues to grow, my audience enjoys the content and there's something to learn, I'll try to make videos 👍 thanks again for the support
you are correct!!
I'm not rich but I want to get ahead financially, thats why im here
Nice 👌
Subscribed! Will view each video from now on. Thanks for the advice!
This is amazing Kent.
I have been watching many property investment both passive and active advise for many many years. You are by far the best. You give actual tangible details instead of just generic high level stuff.
A video on how to find properties for undervalued, growth and cash flow using different datasets will be great .
Boi you are spitting knowledge off the brain without even thinking. Clearly know your stuff. I am going to watch the next video to create a property portfolio plan and strategy. If I could offer advice I would say, keep ensuring your videos end with clear TO-DO's. People are simple and when they finish the video they will look blankly at the end screen and think "... so now what...?" Maybe even make a digital checklist they can download for free with step 1. contact advisor step 2. speak to broker etc.
Also, keep the word 'Australia' in your video titles as all of us in Australia need advice that is not to be confused with the US. I only just found out last week that we cannot 1031 haha
These videos are hard to create... Let alone new content! It's my side gig, so I'll see what I can do 👍
Very succinct, no crap presentation.love it.
Got me subscribed!! Excellent video and thank you for not going down the route of a video with a sales funnel. Just straight up info. Great!!
After that intro, I know you’re a good bloke. Thank you very much
Hi Kent, I am happy to find your channel cos I am interested on investment property. I am watching your videos and learn some ways of dealing with buying property & collating infos that will help me. So thank you for sharing your experiences and knowledge. Love your work and keep it up.
Great to hear, be sure pass the info onto someone else keen on learning 👍
Just starting to get into property investing. Your content is very good💯
Great stuff as always! Do you think you would do videos on strategies for people in each stage?
I do have another video coming out which explains the strategies / stages in more detail. Then I'll dig into each strategy and give tips on how to find the respective types of property. I'm guessing this will be a few weeks out as it will take some time to produce.
Brutally honest great Aussie video
Thanks mate
Finally someone who is not trying to sell me their e-book
Thank you so much for this valuable information Kent. Absolutely loved this video:)
Nice to see you've checked out a few videos!
Hey Kent, just a quick question.
I was considering buying a brand new duplex as an investment property with the FHOG and FHSS. Is this a good route to take, or would I be better off buying an older property?
Just found your channel, love it. Thank you for the no B.S
Very valuable content and concise
Yep, keep it simple! Doing it right isn't rocket science, you just need to know the basics.
Hi Kent, great info, much appreciated. I have a question, for someone who wants to start in property development, what is the best way for them to acquire the fundamental knowledge in property development, as you said there is information out there but there are scattered, incomplete and fueled by personal interest. I know you still have to learn a lot on the actual projects but what I am getting at is a structure to get the relevant and complete foundational information as quickly as possible. Would you say the videos on your channel would cover that to a good extent?
I do try to cover as much as I can in 10-15min videos, but the channel has only been going for 4 months so there is a lot of missing content. Read 2-3 Australian property development books (highest reviewed on Amazon), MAYBE a Rawlinsons Construction Cost Guide and speak to your state's Property Council to see if they have a property development course. These are often a lot cheaper than hype spruikers. Sign up to a few online property forums and attend the monthly meetings to network. While doing all this, start reading about your state's planning system, scheme documents etc. This will help you familiarise yourself with the practicalities. This will give you a good base of property development knowledge under $1.5k.
@@KentCliffe thank you Kent. I appreciate your honest and practical guidance. You are a star! :)
Excellent summary
Well done … instructive video
keep it up
Great video but left out a huge piece of the puzzle being serviceability
Great video thanks so much for sharing!
Hi Kent. Thanks for your amazing videos and tips. Can you please turn your reverb off. The echo is driving me nuts. You do not need a reverb on your voice to be honest. Thanks
I really like this guy.
Believe me, I have subscribed. Pls fix the echoey sound. :)
Done!
11:35 could you just clarify here for me - what you're saying is that by never selling your initial asset, and using the equity you own in it as a deposit for asset number 2, there is no tax event, where as using positive cash flow from your initial asset to fund a deposit for asset number 2 will mean more total tax paid?
Yes, because you'll pay income tax on the rent received from the positive cash flow. Debt is a loan account and it's not taxed, the interest is a deduction (provided the borrowings is used for investment).
I’m i little confused here, if you use the equity of your initial asset to buy a 2nd property instead of saving the positive cash flow it generates, its tax exempt due to it being debt? So what are people generally doing with the positive cash flow the initial asset creates if it is not being used to save for another deposit?
Are you able to help with creating a plan ?
For a video about “Property Investment for beginners” there sure is a lot of jargon, terms & property buzz words.
Still stunned that you only have 11.5K subs mate... I guess people just want to be told within 60 seconds that it's easy and that they can live the dream of retirement within 3 years or some other such bullshit. Real information like this should be the currency of social media, but alas...
Anyway, thank you for your efforts in helping to educate people like me who just want the legit picture.
Hello Mate. Im just wondering if can I get a money from my equity. Property value is 430 k. mortgage is 340 k.
Hi Mate. I’ve heard there are some benefits of running your investment properties through an ABN? Could you explain if this is correct and why it is beneficial?
Not really any benefit. ABN just allows you to claim back GST. For most resi property, GST does not apply.
Hello Kent, thanks for your advice.
Do you have a summary list for this, its a bit to take for an absolute beginner? Thanks
My dad’s gonna invest his nearly a bass!!!
Nice videos and info. Some how I feel I am watching to Graham Stephan 😁
what about if im using an investment agent to buy my property and they recommend a turnkey property?
Is there a stage 2.5? DINK with first home but obviously no dependents and none planned?
I'd focus on value add growth strategies like suggest in DINK, but you'll swap over to cashflow assets sooner as you're income servicing will be capped quicker (buying more assets).
Good vid
hey kent, have got you got any experience flipping contract options
What about if you have no intention of having kids? In that situation, is it worth buying an investment property, or do you think that when you reach retirement age there will be no real need for all that extra passive income, because you're too lonely and depressed to enjoy it?
Old age is inherently depressing amd lonely 🤣 kids only have negligible influence on it both positively or negatively depending on the kids but either way and in all situations more money amd wealth is advantageous
@@amanitaeagle4211 Are you married with kids, Sean?
@@totallyraw1313 no im not married but I am in a ltr, marriage is a bit religious for us. Unplanned pregnancies are something I diligently avoided in my youth and now in my 30's children seem better left to the rich and eccentric 🤣 and I'm certainly not rich and I would hate to spit another kid out into this world and leave him to be raised into deadbeat bogan by the streets cause mum and dad were busy working to make ends meet 😢 🤣 I feel I may have overshared
Hey mate. I need your help. How can I get in touch with you? Thanks
Just do cash in hand rent, transfer a property into a retired parents name while you work full time to avoid tax. Kent cliffe don't use the word smart
How many home loans can I have at once
It's not as easy as just the number of homes, it mainly relates to your ability to service the debt. This is impacted by your income and the rental yields you buy the properties on. The best person to speak with is a finance broker / bank to run some servicing scenarios.
Mate do you think buying a cheap older apartment wroth 120 to 140k and letting the rent pay it off over time is a good safe investment ¿ in Perth say maylands or vic park they have some good older apartments they look old but for what you can rent them for 200 dollars a week it almost covers the mortgage repayments so over time someone is paying off your house ¿ is it that simple
Yes and no. It wasn't long ago that those apartments were sitting at double digit vacancy rates and be mindful that a lot of the 60s apartments have rising maintenance requirements (meaning strata rates go up). BUT yes if you can find a cheapy in a small group (try under 2 storeys), well maintained complex (but internal needs reno) do some basic tidy up, you are onto a good thing 👍 It's not my strategy, but if it gets you into the market, it's better than not taking action.
@@KentCliffethanks for taking the time to reply
its just that I only earn 40k a year if not high 30s so when I punch that into the loan amount calculators for what I would get approval for it isn't much.. seems like the only thing I could really look at is older apartments.
What would you do in my situation
@@beauhalliday9496 I can't give personal advice on if it is a good/bad investment for your situation. However, I can talk about what I'd consider a good/bad property in that $250k price point. I'd consider Bullsbrook (I mentioned it in my Perth market video) 40 min north of the CBD and you can get some old houses on full blocks for ~$250k - www.realestate.com.au/property-house-wa-bullsbrook-132433654 I'd then get in a room mate or 2 (if you're living there) and then use their rent to fund refurbishment of the house (to value add and drive capital growth).
Sorry, I just realised when I was responding I was $100k out on budget (I read the comment this morning and then responded to it later) . I'd speak to a finance broker and confirm $150k is max borrowing, because the online calculators aren't entirely reliable. Then if $150k is Max, the apartment is a good option and try to buy well with opportunity of renovating
@Beau Halliday If you dont mind me asking, what is it you do for a living? If you do mind me asking, are you able to upskill your qualifications to get a higher wage?
I have been in your boat for many years now and spent thousands on doing courses that got me no where. I devised a plan to invest in skills that could get me working in a council (parks and gardens as I am bit of a green thumb). The reason was simple. I wanted a job that was rather secure during hard times and something that allowed me to study markets (real estate and stocks) read books to gain a better financial IQ. Council was the perfect fit. I am only working through a recruitment agency at the moment but working on full time position which will help with getting a loan. A part of the job involves picking up rubbish and now WA is starting up the 10c refund on bottles and cans, I can make some extra cash while I do my day job and I am being paid to study what I really want to be doing.
Hope this helps a bit
Nice
Man that echo is bad. Good content though!
I’m more confused now then before watching the video
Second-best!!!
Asked to subscribe 3 times. I won’t because of that.
Not gonna lie it's a little annoying that it's presumed people interested in investing have partners and have or want kids. An "if" doesn't hurt.
Forget about materialistic things and greed... greed is destroying today's society... you can't take it with you ..
The hand writing is clear, just a few days ago after a bank in United States crashed Bitcoin hit $30k now no body needs to explain to you that participating in crypto trading and investment, is a very good means of building your financial life and achieving financial freedom .
Agreed, with my current profit of $59,000 made from my investment with Mrs SERRA CAROLINA'S trading platform, she's the best trading broker I have worked with and her strategies are so easy to adapt , she's such a blessing to me especially in this current dip
I heard a lot about this Trader Seera Carolina and how good she is, please how safe are the profits?
I have also been a member and have been trading with her, The profits are secured and over a 100 % return on investment directly sent to our wallet .
After watching so many RUclips tutorial videos: about trading I was still making losses until I meet Mrs Serra Carolina i started managing my investments now I make $10,567 weekly. God bless Mrs Carolina she's been a blessing for my family.
This sounds so good I would like to be a party to
this, how can I plug in ?
I subscribe if you promise you won't say it again
Thanks by the way
What a waste of 20 minutes
Where is your video, good pointers for success or just a dumb complainer?
Yeah, lets all invest in a property in a collapsing market while the country is in recession.......genius
Wouldn't a collapse make it even better to buy property? 😉
@@KentCliffe it doesnt happen overnight. I wouldnt touch property until late 2021 or 2022
@@darren1002 Syd/Melb is bleak and the other states will be impacted. I like that you're helping people by warning them of your concerns, but I too am helping people by providing genuine advice. Support people who are really trying to help (Say something like: Great tips BUT.... property is going down). Save the negativity for the spruikers.
Darren 100 it’s all about time in the the market not timing the market
@@bigup1738 if its a ppor sure, but investment property is a different story
This video is just a bunch of nothing lol
It's giving basic knowledge to thows thinking about investing. It has very helpful information
Kent, do you have a discord channel where us laymen can get some advice? I'm looking to get started in buy to lets with a friend, though we could really use some guidance.