Hi Cliffe Interesting video & a New Sub too Please do you have explanatory videos on ETF stocks? ;What are your thoughts on them? Profitable? And again, is their any stock Pro to hire or work with till i get better. ❤
I feel Etfs are less risky to handle for beginners than others. This makes it absolutely the best option for you, though not too Profitable. For a Pro to work with, Look up "Sandra Yvonne Webster". She's quite popular and a director with Nts.
Buy the worst house in the best street not the best house in the worst street , be very careful with strata title body corporate fees , in a small block they can be zero or under $50 a week , in a large high rise , they could be a $100 , $200 or even $300 or more a week , if the elevator needs replacement or the building starts to crumble , it could send some owners bankrupt with the high repair cost which you have no control over,
Great content so have liked the video, but think the videos would be better if you did most of the filming in quieter areas and only filmed in busy areas for short periods where a relevant point is being made
I'd suggest speaking to a good finance broker that is on the ball. They would speak to bank BDMs who can unofficially advise them on bank policy. Most brokers will say, "don't worry there is an alternative lender." But, I'd just want to get the list and then avoid those properties in the first place.
Quality content mate, keep it up. You seem sincere too, which is important in todays YT world Out of curiosity, how do you find out which properties are lender restricted? Is there a list somewhere?
Hey Kent, I was having a meeting with some investment property firm... From your description, I guess he is a middle man... They recommended building a new property in Alkimos. He did say he gets paid by the builder... We crunched some numbers and it all seemed good. Mind you, I'm new to this so some of the stuff I'm sure I'm not understanding. What are your thoughts? Thanks!
do not buy high density area (if you know what you are doing, go for it) the apartment in city area is so much overpriced and the value of apartments won't raise.
Hey mate can you make some videos about the home loan process. Like 1st tier vs 2nd tier. Are 2nd tier loans bad If you have a default or bad work history is it wroth getting a 2nd tier loan .
Great content Kent. Keep up the great work. I noticed you said pass on large strata apartment complexes with facilities eg. pools, gyms etc. A pass also on large strata townhouse complexes for the same reason? Or because they have the land component and because they're going to be below the suburb median, they're viable? Interested as to whether for you they're in the NEVER buy category also.
I don't mind town houses as much, because there is more land value. Also, depending on how the strata scheme is setup, more of the maintenance falls with individual residents.
I know of developers getting it applied to small projects they developed - this is good 👍 because they made the entire margin plus gaining NRAS credits. However if you're looking to buy something full-retail price for NRAS credits, I'd avoid 😔 don't use a Govt scheme to compromise property selection...
I own a house outright on an L2 Zone land, in Sydney its the worst house on the block it rents for 500 pw. Whats your best quick advise, should I?: 1- Sell it n reinvest in a better location,. or 2- develop into a Duplex ( then rent one & sell one, or both etc), thank you in advance! Cheers
What are your thoughts on buying privately owned caravan parks. In the east there is a bit going on with the acquisition as many of them are in good locations, but a lot of the are poorly serviced. So location, big tick, setup cost seem real high, many councils insist on large scale upgrades to sewerage and roads. Are these generally costly, any thoughts on these sort of property prospects?
Can you do a video of what type of properties you can actually buy for investment?
Hi Cliffe Interesting video & a New Sub too Please do you have explanatory videos on ETF stocks? ;What are your thoughts on them? Profitable? And again, is their any stock Pro to hire or work with till i get better. ❤
I feel Etfs are less risky to handle for beginners than others. This makes it absolutely the best option for you, though not too Profitable. For a Pro to work with, Look up "Sandra Yvonne Webster". She's quite popular and a director with Nts.
@@Brussardjnr She's quite Vast. I listened to her podcast on Nft bubble and i really liked it. An exboss at Krogger works with her too.
Still relevant today and will, pretty much, always be. Nice one!
Love that this is in Perth- currently considering property investment here.
Great information & insight Mate, hope you are well as I can see you don't upload much content anymore. Very much enjoying what you have shared 👍
Very informative.....keep up the great work mate!
Cheers, appreciate the support
Buy the worst house in the best street not the best house in the worst street , be very careful with strata title body corporate fees , in a small block they can be zero or under $50 a week , in a large high rise , they could be a $100 , $200 or even $300 or more a week , if the elevator needs replacement or the building starts to crumble , it could send some owners bankrupt with the high repair cost which you have no control over,
Love the summary 🤙
The best videos I've seen in ages.
Are you still doing them?
I love how he just kept going regardless of the noises loll
Great video Kent!
So informative! Thank you!!
What do you think about ex housing commissions?
Thanks
Great information Kent. How do find renovations projects?
Great content so have liked the video, but think the videos would be better if you did most of the filming in quieter areas and only filmed in busy areas for short periods where a relevant point is being made
Hey Kent, great how does one fine out which areas are blacklisted from a finance perspective
I'd suggest speaking to a good finance broker that is on the ball. They would speak to bank BDMs who can unofficially advise them on bank policy. Most brokers will say, "don't worry there is an alternative lender." But, I'd just want to get the list and then avoid those properties in the first place.
Kent Cliffe agree with your idea to avoid them
Quality content mate, keep it up. You seem sincere too, which is important in todays YT world
Out of curiosity, how do you find out which properties are lender restricted? Is there a list somewhere?
Great content
Great channel mate very informative
Fantastic video
Thanks! 😃
Hey Kent, I was having a meeting with some investment property firm... From your description, I guess he is a middle man... They recommended building a new property in Alkimos. He did say he gets paid by the builder... We crunched some numbers and it all seemed good. Mind you, I'm new to this so some of the stuff I'm sure I'm not understanding. What are your thoughts?
Thanks!
great video !! Thanks :)
do not buy high density area (if you know what you are doing, go for it) the apartment in city area is so much overpriced and the value of apartments won't raise.
Hey mate can you make some videos about the home loan process.
Like 1st tier vs 2nd tier.
Are 2nd tier loans bad
If you have a default or bad work history is it wroth getting a 2nd tier loan .
I'll see what I can do to put something together for loans, I may consider a broker because they have their finger on the pulse.
Kent Cliffe can you trust brokers . Or are they just going to try sell you something that might not be in your best interest
A good broker will look after you, but with anything, you need to know a bit about it to find a good one 👍
How can I buy existing house and build at the back.
Great content Kent. Keep up the great work.
I noticed you said pass on large strata apartment complexes with facilities eg. pools, gyms etc.
A pass also on large strata townhouse complexes for the same reason? Or because they have the land component and because they're going to be below the suburb median, they're viable? Interested as to whether for you they're in the NEVER buy category also.
I don't mind town houses as much, because there is more land value. Also, depending on how the strata scheme is setup, more of the maintenance falls with individual residents.
hahaha needs a bit of editing on the interstate buy but valid points
can you share your view further on the NRAS? thanks. nice video
I know of developers getting it applied to small projects they developed - this is good 👍 because they made the entire margin plus gaining NRAS credits.
However if you're looking to buy something full-retail price for NRAS credits, I'd avoid 😔 don't use a Govt scheme to compromise property selection...
Thanks 🙏
I own a house outright on an L2 Zone land, in Sydney
its the worst house on the block it rents for 500 pw. Whats your best quick advise, should I?:
1- Sell it n reinvest in a better location,. or 2- develop into a Duplex ( then rent one & sell one, or both etc), thank you in advance! Cheers
You make a lot of sense. Actually what you say is common sense.
What are your thoughts on buying privately owned caravan parks.
In the east there is a bit going on with the acquisition as many of them are in good locations, but a lot of the are poorly serviced. So location, big tick, setup cost seem real high, many councils insist on large scale upgrades to sewerage and roads. Are these generally costly, any thoughts on these sort of property prospects?
What do you think for commercial properties that can cause you have contaminated land? Such as a petrol stations?
If you're new, stay away! It's so easy to underestimate the remediation costs.
nice video
Thanks 👍
Hi Kent.....i can either buy a unit or an old house in the Mandurah area. I'm thinking old house with land as the better option. Your thoughts?
i actually used to ride my bike and play in that park in leeming
Wish I knew this 9 years ago!
Second best time to know something is today 👍
Nice
Lol those honks clearly threw you off.
How do you find out about planning restrictions?
Depends on the type, but I'd suggest checking the title, calling the council and speaking to the strata manger as a bare minimum.
The worst location is where you shot this video.
I think there are better opportunities in property overseas. Australia is overpriced as it is.
Oh good, you're Aussie
What about strata complexes by the ocean, or with ocean views? I saw my very old apartment in Sydney, which was in terrible nick, go from 600G to 2mil