totally agree cairns has always been boom or bust so understanding the volatility of markets is a must , being a tradey i am directly affected by these economics
What about AREITs mate? Some of these things have been completely overlooked on the ASX but there are some genuine gems out there in non listed land as well. Direct property is just too hard these days.
Hi kent like your videos, do you think serviced appartment e.g hotels are a great investment to add extra income if you have over 50% deposit? Im thinking of investing in one. Also am interested in buy a house with a big block and subdividing it and walking a unit at the back but am not sure which suburb to buy into
Anything can be a great investment with enough time and diligence into buying the top 2%! Also be mindful of why you're buying (growth or cashflow) and the assets limitations (ie. lending restrictions, rent restrictions etc.) Granny flats are a cashflow strategy which works better in areas of high cashflow for standalone houses (getting a double banger of cashflow). These areas tend to be more affordable and as granny flats are smaller dwelling sizes be mindful of public links. Hope that helps with some direction...
Another awesome video Kent.
Thanks for the support, let me know any other content you'd like to see...
totally agree cairns has always been boom or bust so understanding the volatility of markets is a must , being a tradey i am directly affected by these economics
Enjoy it in the good times, but when the tide turns, it's hard.
Thanks Kent, nice videos. Are you willing to share the example sheet you used? It will help to understand how is it all working or have a chat.
I can, but it's pretty basic. In future videos when I go into it in more detail, I'll include the links.
Excellent advice, is it possible to get access to excel sheets you used ?
What about AREITs mate?
Some of these things have been completely overlooked on the ASX but there are some genuine gems out there in non listed land as well.
Direct property is just too hard these days.
I hear a AREITs video is due!
Hi kent like your videos, do you think serviced appartment e.g hotels are a great investment to add extra income if you have over 50% deposit? Im thinking of investing in one.
Also am interested in buy a house with a big block and subdividing it and walking a unit at the back but am not sure which suburb to buy into
Anything can be a great investment with enough time and diligence into buying the top 2%! Also be mindful of why you're buying (growth or cashflow) and the assets limitations (ie. lending restrictions, rent restrictions etc.)
Granny flats are a cashflow strategy which works better in areas of high cashflow for standalone houses (getting a double banger of cashflow). These areas tend to be more affordable and as granny flats are smaller dwelling sizes be mindful of public links. Hope that helps with some direction...
bra I totally agree you cant retire in property in Australia through better countries like the USA and UK more likely
There are opportunities everywhere, but keeping it local helps when you're adding value to the property.
Nanas cardigan
She doesn't mind a little knitting 😂
How many propertys do you have
2x properties (ex. developments), $850k stocks, $2m rent book, $300ish in other investments. Why?
@@KentCliffe I appreciate your honest mate.
@@KentCliffe 20 years?