While most of us sit it out on the sidelines waiting for property prices to pick up those in the know are capitalising on what is fast becoming a ‘once-in-a-generation’ buying opportunity.
But with property prices on the slide a different approach is needed to property investing.
A positively-geared property is simply a property that makes you more money in rent than it costs you in expenses, such as loan interest and maintenance costs. In other words it generates income for you each month instead of costing you money each month.
Properties like these are hard to find in a booming market, however right now there are a range of potential options;
> Buying ‘positively geared’ property under the National Rental Affordability Scheme [NRAS] incentive – this is where the government pays you an extra $10k each year [per NRAS property] just for being a property investor.
> Buying cheap ‘cash flow producing’ property in the US – we’re talking rental returns as high as 15-25% plus the potential for considerable future capital growth as the US market recovers [I know I thought people were crazy buying property overseas until I actually looked into how it all works]
> Buying property with your superannuation funds – more and more people are choosing to be proactive with their future retirement money. After all do you want to risk having all your funds exposed to the sharemarket?
> Corporate Leased Mining Housing – buying property that is securely leased to the big mining companies. The opportunities in the resources sector are huge and are not going away anytime soon.
>> Free Seminar – to register your spot click here
But what’s right for you and how do you avoid the traps?…
If you are interested in finding out what’s possible our friend Graeme Clark, from Investment Property Finders, is holding a free educational and informative seminar on Tuesday May 22nd.
Rest assured this is an educational seminar, not a selling event in disguise… he is not going to try and sell you property on the night.
Graeme Clark was a Financial Planner for almost 20 years and saw the need for developing financial planning type strategies for people wanting to invest in residential property rather than the share market.
Matt and I have attended Graeme’s property seminars and feel confident that you’ll get a lot of value out of his presentation. Here are the seminar details;
WHEN: Tuesday 22nd May 2012
REGISTER: 5:45pm – 6:00pm [Start Time: 6:15pm Sharp]
WHERE: IPF Boardroom, 309A Angas Street, Adelaide 5000
RSVP: C.O.B. Monday 21st May
>> Spaces are limited to only 15 – to register your spot click here
Cheers
Sam @ Urbantech