Issue: August 2005

Hello,

First, let me extend a warm welcome to all our new readers, and of course, welcome back to our regular subscribers. 

The Brisbane residential market has continued it's somewhat "confused" behaviour in August with mixed signals coming from every angle. There was evidence that buyer interest was resurfacing at the Retail Sales level (mainstream real estate) as more people attended open houses and we saw more offers being presented - though the offers weren't breaking any records. 

We may well see this trend continue as the warmer months tempt more buyers outdoors.  Certainly the underlying demand remains strong with the continued influx of people from interstate and international sources coupled with the strong demand for rental property pushing rents up.  Certainly, good buying opportunities are the order of the day as motivated sellers meet the relatively soft market. 

This issue holds some interesting articles for you.

  • "Builder's shortcut" exposed - and what it means to you as a property owner,

  • "No Doc" Loans - how getting a great loan can be easy,

  • Body Corporate's - who are they and what do they do (and what to watch out for),

  • Our regular "deal of a lifetime..", and

  • A new case study showing how a little creativity can turn a "dud deal" into a "gold mine".

We've also developed a new series of free reports which address "How Savvy Investors Are Snapping Up Some of Australia’s Most In-Demand Property at ‘Wholesale’ Prices, And How YOU Can Do The Same".  The reports are part of a new marketing program we're introducing but you're welcome to download them - do so by clicking on the following link (free report link).

The next newsletter (September issue) will focus on economics.  Twice each year we spend a half day with Dr Frank Gelber, the chief economist with BIS Shrapnel (one of Australia's most highly regarded economic forecasters) to catch up with what's been happening, and gaze into the crystal ball.  So next month  we'll examine the current economics and endeavour to draw some on-the-ground conclusions as to what it means and what the future holds for us as property investors.

Of course, if you have any specific questions regarding any of the articles, please feel free to contact our team on (+61 7) 3369 0111. And feel free to forward our newsletter to anyone you feel may find it of interest - our best promotion has always been word of mouth.

Best regards,

Colin Ferguson

 
 
 
 
   

 
   

Construction - Short cuts exposed: how some builders save
                               money and how to spot it.

 
   

 Back to the Top

Buyer beware is the old adage - and certainly true in the building game.  So we have to be wary, it’s easy to be tricked if you don’t have the knowledge of what to look for.  This article looks to uncover one of the “tricks” used by some builders to deliver a low cost product. It looks to give you the “knowledge” you need to be wary.

We’re talking roof trusses... >>more

 
     
   
 
   

Investment House

Each issue we aim to focus on a topical issue.  

Clearly there are many different areas within the property industry and keeping on top of things can be taxing.  Investment House provides a “one stop shop” service to investors, so it comprises a number of specialist divisions (research, finance, construction, property management, retail sales etc).  Given this diversity, the company is well placed to keep you abreast of happenings.  If you’re interested in a specific element of the market, pick up the phone and talk to one of our researchers - it might save you some time and money and will likely be of interest to other readers.

This issue we’ll talk about what is happening in three of the company’s divisions - construction, finance and property management.

 
   
 
   

Finance - No financials required!

 
     Back to the Top

Did you know that in Australia there is a type of loan called a "No Doc" loan?  It’s techno-jargon for a loan requiring "no documents"?

While this is a slight misnomer (in that you do require some documentation), the simplicity of No Doc loans can be a breath of fresh air... >>more

 
   
 
   
Property Management - What is a Body Corporate?
 
     Back to the Top

If you are one of the approximately 3.5 million people living in a strata or community title subdivision in Australia, you might have found yourself wondering about the concept of a Body Corporate. Who are they and what do they do?

The body corporate manages the common property in a subdivision... >>more

 
   
 
   
Deal of a lifetime.., they say it comes along about once a month!
 
     Back to the Top

One the best deals currently available is a simple house and land development.

This property is in a terrific location just 6 km from the GPO, with an existing Development Approval (DA) for a 4 bedroom home. The block slopes upwards from the street meaning that it has an elevated position with fantastic views over the suburb... >>more

 
   
 
   
Case Study - Last month we got a great deal, this month it was
                          a steal!
 
   

 Back to the Top

When the price and conditions are right… buy it! Last month we discussed a property that was on the market for 2 months and we got a deal. This month our client’s got a steal. It wasn’t so much the price (which was very good to begin with) but the property’s circumstances and the contract conditions that made it a great deal. 

Firstly, let’s discuss the property’s... >>more

 
 
 
    Thought for the Month  
    DIFFICULT PEOPLE… The people whom you find most difficult to deal with are also your most valuable teachers. For your problems with them are not really due to how they are, but rather to how you respond to how they are.

Learn to deal successfully with difficult people, and you learn valuable lessons about yourself.

Work to relate positively to difficult people and you develop skills that can serve you well in many other challenging situations.

People are the way they are. Get past the need to try to change them, past the need to judge or condemn, look for the value they offer.

Back to the Top

 
   
 
   
Closing Words
 
   

Please feel free to forward our newsletter to anyone you feel who may find it of interest. If you have received this from someone else and would like to subscribe directly please click here. If you would like to be removed from Investment House’s In-House News, simply click here to unsubscribe.

 
   
 
   

Disclaimer

 
   

All information in this report is general information only. Nothing in this report is meant to be specific investment advice, nor should you treat it as such. Everyone's individual circumstances will vary widely and you must seek advice from your own independent licensed investment adviser before investing into any form of investment. Investment House, its employees and representatives take no responsibility for the result of any actions taken by the readers of this report.

Investment House and its related businesses makes no representation and gives no warranty as to the accuracy of the information in this document and accepts no liability for any errors, misprints or omission herein (whether negligent or otherwise).

 
   

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