IPSWICH TO REVIVE INNER CITY
The good news for my private clients – and other residential real estate investors who target Ipswich – just keeps getting better.
Now the Ipswich City Council has purchased the major – but outdated – Ipswich City Square Shopping Centre and will guide its redevelopment.
Built over 30 years ago, the Centre has been neglected by its owners, and has suffered badly with competition from the new RiverLink shopping centre, just across the Bremer River.
The Council will plan the redevelopment, and will call for tenders to complete the works. It will not become the developer itself.
When completed in four years, the site will be able to accommodate 10,000 workers in high rise buildings, as well as both retail and commercial space.
Ipswich has 43% of all industrial land in south east Queensland, and experts predict that the surging support sector will ensure that this development will be a success.
If you want me to help you explore options to expand your investment portfolio, contact me anytime via email: admin@retirelaughing.com
Wednesday, October 22, 2008
Monday, October 20, 2008
PROVEN WAYS TO INVEST IN PROPERTY
Many people agree that buying property is an excellent investment. However not many know where they should start or who to turn to for investment guidance.
Then there are those who fear doing the wrong thing and end up doing nothing. In light of this hesitant attitude, here are a few tips and property investment advice that would help you embark on your investing journey with confidence.
Firstly - why property investment?
Property investment remains a popular alternative for many people who consider it a stable and conservative investment vehicle especially in the long term.
Investing in property is seen as a route by which: income returns can be produced throughout the period of possession; relatively safe capital gains can be earned on an eventual sale; and mortgage finance is covered in repayment terms by the security of the eventual property sale and by the rental income in interest terms.
Different factors contribute to the growth of property investments. These include: huge population growth, increasing migration, slow government housing policy that results in chronic undersupply of housing, rising numbers of single households, and a mobile labour force that demands short term accommodations to meet more flexible needs.
All these issues are expected to sustain and boost average property prices and step up the need and number of rental properties in the coming decade.
I share residential investment properties with my private clients that match all of these requirements, and then package them so that they can be certain of “least money in, maximum money out”.
My focus is on assisting you achieve 20-25 years of dignified retirement.
Contact me – Bernard Kelly – anytime via email: admin@retirelaughing.com
Many people agree that buying property is an excellent investment. However not many know where they should start or who to turn to for investment guidance.
Then there are those who fear doing the wrong thing and end up doing nothing. In light of this hesitant attitude, here are a few tips and property investment advice that would help you embark on your investing journey with confidence.
Firstly - why property investment?
Property investment remains a popular alternative for many people who consider it a stable and conservative investment vehicle especially in the long term.
Investing in property is seen as a route by which: income returns can be produced throughout the period of possession; relatively safe capital gains can be earned on an eventual sale; and mortgage finance is covered in repayment terms by the security of the eventual property sale and by the rental income in interest terms.
Different factors contribute to the growth of property investments. These include: huge population growth, increasing migration, slow government housing policy that results in chronic undersupply of housing, rising numbers of single households, and a mobile labour force that demands short term accommodations to meet more flexible needs.
All these issues are expected to sustain and boost average property prices and step up the need and number of rental properties in the coming decade.
I share residential investment properties with my private clients that match all of these requirements, and then package them so that they can be certain of “least money in, maximum money out”.
My focus is on assisting you achieve 20-25 years of dignified retirement.
Contact me – Bernard Kelly – anytime via email: admin@retirelaughing.com
Saturday, October 18, 2008
NSW LAND TAX WILL RISE
Because the economic difficulties faced by the government of New South Wales are increasing, it is casting about for more revenue streams.
Now the Independent Pricing and Regulatory Tribunal has thrown the government a lifeline.
The Tribunal’s view is that stamp duty is one of NSW’s “most inefficient taxes” and the state should consider boosting revenue from a more efficient tax - land tax.
Now you can see what is about to happen. Yep.
You don’t have to be very bright to realise that land tax in NSW will soon increase.
Which underscores the value of the investment strategy that I share with my private clients.
If you don’t have enough for 20-25 years of a dignified retirement, I can help you explore your options.
Contact me – Bernard Kelly – anytime via my email admin@retirelaughing.com
Because the economic difficulties faced by the government of New South Wales are increasing, it is casting about for more revenue streams.
Now the Independent Pricing and Regulatory Tribunal has thrown the government a lifeline.
The Tribunal’s view is that stamp duty is one of NSW’s “most inefficient taxes” and the state should consider boosting revenue from a more efficient tax - land tax.
Now you can see what is about to happen. Yep.
You don’t have to be very bright to realise that land tax in NSW will soon increase.
Which underscores the value of the investment strategy that I share with my private clients.
If you don’t have enough for 20-25 years of a dignified retirement, I can help you explore your options.
Contact me – Bernard Kelly – anytime via my email admin@retirelaughing.com
Wednesday, October 15, 2008
ANOTHER REASON TO DISLIKE APARTMENTS
Over the past 10 years, house prices have increased 150% but home units and apartments have only increased 120%, says Australian Property Monitors.
Regular readers of this newsletter know that I dislike apartments as an investment – you’ll remember that I go on about the unnecessary expense of on-going management fees but of course the real killer when you run the numbers is your exit strategy.
Off-the-plan family homes in a growth corridor where rents are higher, where land taxes are lower, and adjacent to a major economic zone, are what an astute investor is after.
And now we have this confirmation that their capital growth is slower compared to family homes.
My private clients are delighted with the results they have achieved following my strategy, and notwithstanding all the doom and gloom in the newspapers at the moment, I truly can’t see why history won’t repeat itself, and housing values will continue to increase over the long haul.
If you don’t have enough for 20-25 years of dignified retirement, I can give you some options.
Contact me – Bernard Kelly – anytime at admin@retirelaughing.com
Over the past 10 years, house prices have increased 150% but home units and apartments have only increased 120%, says Australian Property Monitors.
Regular readers of this newsletter know that I dislike apartments as an investment – you’ll remember that I go on about the unnecessary expense of on-going management fees but of course the real killer when you run the numbers is your exit strategy.
Off-the-plan family homes in a growth corridor where rents are higher, where land taxes are lower, and adjacent to a major economic zone, are what an astute investor is after.
And now we have this confirmation that their capital growth is slower compared to family homes.
My private clients are delighted with the results they have achieved following my strategy, and notwithstanding all the doom and gloom in the newspapers at the moment, I truly can’t see why history won’t repeat itself, and housing values will continue to increase over the long haul.
If you don’t have enough for 20-25 years of dignified retirement, I can give you some options.
Contact me – Bernard Kelly – anytime at admin@retirelaughing.com
Tuesday, April 1, 2008
WHY DO GIVE INFORMATION AWAY FOR FREE?
During the past month, someone asked me why do I do what I do.
The simple answer is that I enjoy helping people protect what they have, and also enjoy helping them put something extra aside for retirement.
And it's becoming increasingly obvious that every one of us will need more then just one investment property if we are going to retire graciously and avoid struggling on the aged pension.
My educated guess that we will need an (inflation protected) retirement income of say $50,000 to be comfortable. That's with today's purchasing power.
So we'll need a pool of (inflation protected) assets worth $1,000,000 that -at a 5% yield - will generate that $50,000 for us.
My job is just to show you the code to get that $1,000,000.
I'm Bernard Kelly of retirelaughing.com mobile 0414 778 518
During the past month, someone asked me why do I do what I do.
The simple answer is that I enjoy helping people protect what they have, and also enjoy helping them put something extra aside for retirement.
And it's becoming increasingly obvious that every one of us will need more then just one investment property if we are going to retire graciously and avoid struggling on the aged pension.
My educated guess that we will need an (inflation protected) retirement income of say $50,000 to be comfortable. That's with today's purchasing power.
So we'll need a pool of (inflation protected) assets worth $1,000,000 that -at a 5% yield - will generate that $50,000 for us.
My job is just to show you the code to get that $1,000,000.
I'm Bernard Kelly of retirelaughing.com mobile 0414 778 518
Sunday, March 30, 2008
WHAT IF THE ECONOMY CRASHES?
I was recently asked “What if the economy crashes?”
My reply was along the following lines:
“Thanks for voicing your reservations – if you didn’t have some concerns then I’d be reaching out to take your pulse to see that you’re still with us.
“You must remember that property investments are for the long term – you told me that you have only $100,000 in super. So you should consider putting one in place now, so that in five years - when you come to retire – you will have at least one running for you. Then if you live off your super for two years, then an investment – one that a family would pay say $400,000 today to live in – should be well in excess of that value.
“Since records began, property has increased three times in every 21 years. Which is why the commentators say ‘property doubles every seven to ten years’.
“And if you have ever thought ‘how will young couples ever be able to afford a family home?’ then you too know that property values increase over time.
“Over this past 150 years, there have been depressions and recessions, world wars, 22% interest rates, change of governments, financial meltdowns, stock market crashes, you name it. Even the impact of the ‘recession that we had to have’ in 1991 only lasted four years before property values exceeded what they were in 1990.
“Don’t let the current crop of bad news distract you from taking action to ensure some form of dignified retirement.
“I know it’s a watershed moment for you – but whether you invest, or if you don’t, there is definitely a foreseeable outcome either way. Destiny is a matter of choice, not chance.
“Which outcome would you prefer?”
Phone me Bernard Kelly anytime on 0414 778 518 cell 61- 414-778 518
or visit the website http://www.retirelaughing.com/
I was recently asked “What if the economy crashes?”
My reply was along the following lines:
“Thanks for voicing your reservations – if you didn’t have some concerns then I’d be reaching out to take your pulse to see that you’re still with us.
“You must remember that property investments are for the long term – you told me that you have only $100,000 in super. So you should consider putting one in place now, so that in five years - when you come to retire – you will have at least one running for you. Then if you live off your super for two years, then an investment – one that a family would pay say $400,000 today to live in – should be well in excess of that value.
“Since records began, property has increased three times in every 21 years. Which is why the commentators say ‘property doubles every seven to ten years’.
“And if you have ever thought ‘how will young couples ever be able to afford a family home?’ then you too know that property values increase over time.
“Over this past 150 years, there have been depressions and recessions, world wars, 22% interest rates, change of governments, financial meltdowns, stock market crashes, you name it. Even the impact of the ‘recession that we had to have’ in 1991 only lasted four years before property values exceeded what they were in 1990.
“Don’t let the current crop of bad news distract you from taking action to ensure some form of dignified retirement.
“I know it’s a watershed moment for you – but whether you invest, or if you don’t, there is definitely a foreseeable outcome either way. Destiny is a matter of choice, not chance.
“Which outcome would you prefer?”
Phone me Bernard Kelly anytime on 0414 778 518 cell 61- 414-778 518
or visit the website http://www.retirelaughing.com/
WHY YOU NEED A FUNDING STRATEGIST
Banks are in the business of lending money. They are not in the business of helping you put something extra aside for your retirement.
So they try to tempt you with “the lowest interest rate”. Unfortunately, as an investor, you will find that generally such loan products won’t let you make extra repayments nor will you have an offset account.
The same goes for “honeymoon rate” loans. The banks don’t give money away, so after the initial honeymoon period you’ll be paying a high variable rate, and there will be solid penalty exit fees if you try to go to another lender. They will make the same off your loan – over time – as off every other client’s facility.
The only way to obtain the best package is to talk with a funding strategist.
I can introduce you to a funding strategist at the peak of their profession.
Phone me Bernard Kelly anytime on 0414 778 518 cell 61- 414-778 518
or visit the website www.retirelaughing.com
I ENJOY CHATTING WITH SOULMATES WHO SHARE MY HOBBY
So let me say at the outset (in the tone of an unemotional consultant) most of us fail with our efforts at property investing because you don’t have a goal, and without a goal you can’t possibly have a long-term strategy. At best what you would have is a haphazard strategy.
My long term strategy used to be that when my estate event occurred, the kids would say “the old man did pretty well, didn’t he?” Now that I’m 63 and the kids are mid 20s – early 30s, my goal is now to teach them Wisdom. So that when I die I hope that they’ll say instead “Mum and Dad, as a partnership, did pretty well, didn’t they?”
So what is your long term goal? A mate of mine wants to be able to pay the taxman $100,000 each year in his retirement. Because if he achieves this, he knows that he’ll be earning $400,000 pa.
My strategy is better than yours because I have a goal (which is to own a substanial investment portfolio before I’m 78) and have worked out a simple strategy how to get there.
But even your haphazard strategy is better than the 95% of the population – who have none. My typical clients come to me in cruise mode – but they have suddenly realised that in their mid-50s they just don’t have anything like what they’ll need for 20-25 years of dignified retirement. They are now trying desperately to avoid the cliff.
So I give them a goal – which is to own three investment properties before they retire.
But if your younger, I would suggest that your goal could well be to have an income in retirement of say $100,000. Which means having wholly owned assets (in today’s money) sufficient to give you a 5% return. So the goal that I offer to you is wholly owned investment assets worth (in today’s money) $2,000,000.
The only reason why my strategy is better than yours is because I have been chatting to soulmates who share my hobby for 20 years longer than you have. So I have learned from them. My hobby – and yours – is really no different than any other hobby. When you’re keenly interested in something, you find soulmates in the most unlikely places, or you see something on TV or in the press and you run it around in your mind until you work out how they did it.
If you go to the bookshop at the airport, you’ll see that there are perhaps 18 books there on investment property, each offering a different strategy. As a generalisation, I’d say they’re all OK, but that mine is far better. Those authors are writing to make money – and that is a very different goal to giving you the best advice.
All those 18 strategies are OK, because property is forgiving, and even if you make a mistake, over time any investment will rise in value. Capital city properties have risen three times in value during each 21 year cycle over the past 150 years. Which is why they say “property doubles in value each 7-10 years”. This is true even in Perth, although the Perth market goes through long droughts – ten years or more – before it has explosive growth for a few years to catch up the moving statistical trend line.
My focus is on “least in, most out”. So I have determined the demographic of the ideal tenant, how to attract that ideal tenant, where would this ideal tenant be willing to pay an above normal rent, and how much can the average investor afford each week. These elements determine what the accommodation is, so then I look for the ideal location – a family suburb near to a solid cluster of basic non-boom jobs, in a growth corridor, where land taxes are lowest. And the exit strategy determines that the price should be up near, but under, the median so that you can exit into the broadest market (families).
Congratulations! You are ahead of the field, and you’ll keep increasing your lead. Over time you’ll gradually develop a goal and then a strategy, and don’t worry about the past. Just keep chatting to soulmates and you’ll find your way.
Regards
Bernard Kelly www.retirelaughing.com mobile 0414 778 518 cell phone 61 414 778 518
PS As I don’t spend my advertising budget on traditional media, I’m able to pay you $1000 for successful referrals
I would be delighted to be your personal financial coach over the next five years and share a strategy that will dramatically reduce your learning curve.
So let me say at the outset (in the tone of an unemotional consultant) most of us fail with our efforts at property investing because you don’t have a goal, and without a goal you can’t possibly have a long-term strategy. At best what you would have is a haphazard strategy.
My long term strategy used to be that when my estate event occurred, the kids would say “the old man did pretty well, didn’t he?” Now that I’m 63 and the kids are mid 20s – early 30s, my goal is now to teach them Wisdom. So that when I die I hope that they’ll say instead “Mum and Dad, as a partnership, did pretty well, didn’t they?”
So what is your long term goal? A mate of mine wants to be able to pay the taxman $100,000 each year in his retirement. Because if he achieves this, he knows that he’ll be earning $400,000 pa.
My strategy is better than yours because I have a goal (which is to own a substanial investment portfolio before I’m 78) and have worked out a simple strategy how to get there.
But even your haphazard strategy is better than the 95% of the population – who have none. My typical clients come to me in cruise mode – but they have suddenly realised that in their mid-50s they just don’t have anything like what they’ll need for 20-25 years of dignified retirement. They are now trying desperately to avoid the cliff.
So I give them a goal – which is to own three investment properties before they retire.
But if your younger, I would suggest that your goal could well be to have an income in retirement of say $100,000. Which means having wholly owned assets (in today’s money) sufficient to give you a 5% return. So the goal that I offer to you is wholly owned investment assets worth (in today’s money) $2,000,000.
The only reason why my strategy is better than yours is because I have been chatting to soulmates who share my hobby for 20 years longer than you have. So I have learned from them. My hobby – and yours – is really no different than any other hobby. When you’re keenly interested in something, you find soulmates in the most unlikely places, or you see something on TV or in the press and you run it around in your mind until you work out how they did it.
If you go to the bookshop at the airport, you’ll see that there are perhaps 18 books there on investment property, each offering a different strategy. As a generalisation, I’d say they’re all OK, but that mine is far better. Those authors are writing to make money – and that is a very different goal to giving you the best advice.
All those 18 strategies are OK, because property is forgiving, and even if you make a mistake, over time any investment will rise in value. Capital city properties have risen three times in value during each 21 year cycle over the past 150 years. Which is why they say “property doubles in value each 7-10 years”. This is true even in Perth, although the Perth market goes through long droughts – ten years or more – before it has explosive growth for a few years to catch up the moving statistical trend line.
My focus is on “least in, most out”. So I have determined the demographic of the ideal tenant, how to attract that ideal tenant, where would this ideal tenant be willing to pay an above normal rent, and how much can the average investor afford each week. These elements determine what the accommodation is, so then I look for the ideal location – a family suburb near to a solid cluster of basic non-boom jobs, in a growth corridor, where land taxes are lowest. And the exit strategy determines that the price should be up near, but under, the median so that you can exit into the broadest market (families).
Congratulations! You are ahead of the field, and you’ll keep increasing your lead. Over time you’ll gradually develop a goal and then a strategy, and don’t worry about the past. Just keep chatting to soulmates and you’ll find your way.
Regards
Bernard Kelly www.retirelaughing.com mobile 0414 778 518 cell phone 61 414 778 518
PS As I don’t spend my advertising budget on traditional media, I’m able to pay you $1000 for successful referrals
I would be delighted to be your personal financial coach over the next five years and share a strategy that will dramatically reduce your learning curve.
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