Buying Off The Plan: Developer and Sales Team Communication

Better-Communication

WHEN INVESTORS or owner occupiers purchase off the plan, they can often feel left in the dark throughout the construction process.

Clearly, it is important to keep your buyers informed, updated and as happy as possible… because the reputation of the Builder and Developer is what people remember.

At the same time, the project team can (and should) assist in providing some of the communication. [Read more…]

UPDATE: Immediate Write-off and Small Business Pooling

Write-offs

GREAT NEWS: The Australian Taxation Office (ATO) has made further changes to the rulings surrounding immediate write-off and pooling of small business assets.

If you’re a small business owner (and/or Commercial property investor) … read on to find out how these changes affect you. [Read more…]

Is This Good or Bad Debt?

good-bad-debt

CAPITAL GROWTH and the type of gearing heavily impact the overall profitability of your property purchases. And so this article will explain how they can significantly affect your bottom line. [Read more…]

The Importance of Having As-Built Drawings for your Commercial Properties

As-built-drawings

WHENEVER YOU EMBARK on any form of construction work in an existing building, you’re first request from the Design Team should be for As-Built Drawings — for review, and to form the basis of the design process.

More importantly, the availability and compilation of As-Built documents (after a project is complete) should form part of your due diligence process at the completion of project.

Because, this provides the full scope of work undertaken, and allows for easy assessment of existing buildings — to help eliminate any surprises that may arise down the track, during future alterations. [Read more…]

Limit The Security You Grant to Your Lender

Security

IN MY LAST ARTICLE, you read about the various securities lenders can take over your property, in addition to mortgages.

This article will highlight various options for improving your security position when borrowing as a means of maximising your asset protection. [Read more…]

Different Ways For You To Add More Levels

MoreLevels

WITH VACANT LAND becoming more and more scarce within close proximity to Australia’s major city centres, it has become increasingly necessary to develop or extend existing properties.

However, as a Commercial property owner, how should you to tackle this dilemma? [Read more…]

Know Your Depreciation BEFORE You Purchase

Available-Deprn

BEFORE YOU PURCHASE a Commercial investment property, make sure you crunch the numbers. If you appropriately claim property depreciation, you can significantly increase the return on your investment.

What Deductions Can You Make?

More often than not, investors fail to realise the financial benefit of claiming depreciation prior to making their purchase. [Read more…]

Getting All The Adjustments Correct at Settlement

Settlement

IN THE CONVEYANCING stage, before settlement, the vendor and purchaser adjust the purchase price to deal with the following matters:

  • Periodic payments of all statutory outgoings (such items as council rates, water rates and land tax); plus …
  • Rent and outgoings payable by a tenant under a lease. [Read more…]

Part 2: More About Your Loan Security

Loan-Security-2

IN THE LAST article, you read about two different types of security that lenders can take other than the mortgage. They were “Fixed and Floating Charges” and “Personal Guarantees”.

However, there are a few other forms of security that you should be aware of before entering into any agreements. Read on to find out more. [Read more…]

What Creates Security for Your Loan?

Loan-Security

WHEN YOU TAKE out a property secured loan, you understand that a lender will register a mortgage against the property that is being secured.

However, typically, when you read through actual loan agreements, the mortgage is just one part of the security that is taken.

In this article, we will be looking at some of the other types of security that lenders will typically request when applying for a loan. [Read more…]

How to Claim Depreciation on Your Older Commercial Properties


older-building

ARE YOU FAILING to take advantage of the depreciation deductions available on your property because you believe your property is too old to warrant making a claim?

Your assumption is wrong and you could be missing out on valuable deductions. [Read more…]