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Great Opportunities Await

Don't Miss Out - Act Now before it's too late

IN THIS ISSUE

WHAT INVESTORS FEAR MOST

What investors fear the most is fear itself. Have you ever read about 'other people' who have built a successful property portfolio and wished that was you. Well there is no reason in the world why it can't be. Taking action instead of procrastinating can be your freedom to wealth and happiness.

All of us have experienced fear in our lives in certain situations. The trick is to know that you CAN overcome this debilitating situation and push through. There is a saying (taken from the author Susan Jeffers in her book of the same name) "Feel the Fear and do it Anyway"

Once we recognise that we have that fear, deal with the procrastination and push past that - things become much easier and lighter. Don't let your fears rule you - break through the barriers and start to take control of your situation. Don't be aftraid to admit what it is you don't already know - we have all been there. Ask questions - I always say - "there are never any dumb questions - only intelligent people who are willing to ask for advice"

If you have some questions you would like answered, just get in touch and we will be happy to assist Click Here

Carpe Diem - Seize the Day


KNOCK OUT TACTICS FOR PROPERTY NEGOTIATING

API magazine enlisted some information from me recently for their June edition, on Knock out Tactics for Property Negotiation. I thought I would share some of these with you.

  • Take the emotion out of your negotiations
  • Ensure you have done complete property research before commencing negotiations
  • Don't give any 'buyer signals' - real estate agents are trained to pick up on these so be careful and considered in your comments
  • Have finance pre-approval in place so you can negotiate with confidence
  • Know what terms you are willing to offer to secure the property - e.g. higher deposit, shorter settlement period
  • Consider commissioning a buiding and pest report for each property you are considering, before you commence negotiations
  • Know your buying limit and stick to it - particularly in a pressured situation like an auciton
  • If you do not think you can take the emotions out of the negotiations - engage a professional or someone with experience in the field

MAXIMIMISE YOUR DEPRECIATION

Unless you are hiding under a rock, you will know it is that time of the year again when we all hope we have all our records in order so that we don't have to do the million mile dash before going to our accountant. (Not that I would know what that is like of course)

One way to ensure that you maximise your depreciation is to enlist the services of a Quantity Surveyor to have your Tax Depreciation Schedules for your properties done. If you have not done so already - you will have to hurry, but if this is something you have not done then I can tell you from experience that is well worth the money you spend on having them compiled. Tax Depreciation Schedules are clear and concise, they take the guess work out of the process and the ATO love them.

It does not matter what type of property you have, residential, industrial, retail, shopping centres - these documents are a vital tool in your tax arsinel. Depreciation Schedules provide you with benefits such as claim depreciation, tax reduction and can improve your cash flow. Other services that a Quantity Surveyor can offer are Building Replacement Insurance Schedules and Sinking Fund Forecast Plans.

There are many companies around who offer these services. If you don't know of one but would like to find one, get in touch and we will be happy to provide you with some contacts depending on your location. Click Here



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Dear [subscriber-firstname]

I thought it would be interesting to provide an update on the NRAS Property Investment Opportunity that we have been advertising.

Since sending out this infomarmation, our phones and email have been going like wildfire with people wanting to take advantage of this government backed property investment scheme. If you have not already submitted your enquiry form for this rare opportunity, I would urge you to do so after reading the information below.

In other news, we will be announcing very shortly in more detail, some exciting new services for Expert Property Solutions which will see us being able, in certain circumstances, for new investment property, elimate the up front research fees for our clients. In addition, to eliminating the fees, we will still be able to provide brand new proeprty that is under market value. Is this exciting or what! We will keep you posted on this but if you would like more information at this stage, please Click Here.

Also in this edition, some news on the extended First Home Owners Grant. Again with new house and land product for First Home Owners, we will now be able to waive our up front fees and secure a property for you under market value, so if you are a first home owner and you have not yet secured your home but want to save even more money on top of the available government grants, get in touch - Click Here to find out how.

$80,000+ Tax Free Tax Credits

BRILLIANT INVESTMENT OPPORTUNITY..... Would you like to receive $80,000+ in tax credit for one property?

This is a brilliant property investment opportunity combining positive gearing with tax credits and with no concerns about occupation levels and tenant's unpaid rents.

We have already let you know that there are NO RESEARCH FEES from Expert Property Solutions applicable to this property investment opportunity. Isn't that fantastic. Yes you read that correctly - None of our normal research fees will apply!
While the current economic situation has provided us with a great opportunity to buy real estate at very affordable prices, we realize that it may still be a stretch funding up front fees to cover the research we conduct on your behalf. This is why we have been diligently sourcing every opportunity for you. We are very pleased to be able to bring you the following offer!

We have sourced an amazing opportunity that is a Government supported, cash flow positive, property investment, which could be just what you are looking for!

It may even be possible for you to purchase more than one of these investment properties with very minimal outlay, and also look at the opportunity of having a combined benefit of paying off a current home loan earlier.

Expert Property Solutions are partnering with our industry colleagues, Brisbane Property Brokers who are the Queensland Strategic Alliance Partner/Provider for this Government backed scheme - The National Rental Affordability Scheme (NRAS)*

PROPERTIES BEING ALLOCATED NOW Click Here to register Expression of Interest
We have already received hundreds of email enquiries and phone calls from all over Australia interested in investing in the Government approved NRAS properties in Queensland.
Properties are being allocated now to investors with pre-approved finance, based on the location and value ranges requested. On AVERAGE they are reserving two properties each with a number taking several. More properties are becoming available and can be reserved by initially completing the enquiry form at the end of this email, or by phoning me.
The Government's National Rental Affordability Scheme (NRAS)* provides the following benefits for investor owners of these brand new properties:

A tax credit of $8,600+ per year, PLUS CPI indexation for 10 years
Tax Credits - NOT TAXED
Favorable Rental Terms to owners
Housing Managers appointed by NRAS are responsible for tenancy and property management and hold the head lease
.

This is a brilliant property investment opportunity combining positive gearing with tax credits, with no concerns about occupancy levels and tenant's unpaid rents. Correctly structured finance is always important and in today's low interest rate environment you have a bricks and mortar asset bought for you and the capital asset growth that could be double the purchase price in 10 years.

Treasurer Wayne Swan explains:

Dear Potential Applicant,

Thank you for your interest in affordable housing and the Australian Government's National Rental Affordability Scheme.
As you know, rent increases are outstripping wages growth and inflation. This is making it harder for Australians on low to moderate incomes in the private rental market.

The National Rental Affordability Scheme is a major supply-side initiative to make rental properties more affordable by encouraging large-scale investment in rental housing for low and moderate income families and individuals.
It aims to assist institutional investors, developers and not-for-profit groups to deliver 50,000 rental dwellings over the next four financial years by creating a new residential property asset class for property investors.

The Scheme offers significant financial incentives to applicants commencing at a minimum value of $8,000 per dwelling annually, for a period of 10 years.

The Incentives provided under the Scheme will assist investors to develop proposals that provide an attractive rate of return. It presents a new investment opportunity in the Australian market. More than 1.5 million households will be eligible for tenancies under the Scheme - a large and diverse pool of potential tenants for investors in affordable housing projects that will be made available through the Scheme.

This document has been developed to provide information to institutions and organisations that are considering investment in affordable rental housing.

We trust this information will assist business to develop proposals to take up the incentives on offer.

Yours sincerely,


HIGH QUALITY PROPERTY
This 4 bedroom house in Brisbane is typical of the quality standards which are required to gain NRAS approval. The houses, townhouses and units available are all assessed both by quality of construction and finish as well as by value, before being approved. This approval is given both at plan stage and is subject to final sign off inspections. This means you get a high quality property which retains and gains value while returning an income that pays for itself.

A number of property development / construction companies are involved building the NRAS properties with a range of different contemporary designs and finishes.

FINANCE AVAILABLE
Peter Levick, Manager Mortgage Innovation, Commonwealth Bank has been coordinating with investors and providing the pre-approved finance and mortgage restructuring, including interest only loans, to maximise investor benefits. He can be contacted on 1300 135 909.
Alternatively, you can use your own financiers.

EXPRESSIONS OF INTEREST NEEDED IMMEDIATELY
A number of additional properties which qualify for the new 'NRAS' Government Program, have been made available to offer to our clients, but these need to be reserved as the demand is high.
Qualifying properties range from new house and land packages to new townhouses and units which are located throughout Brisbane and Queensland. (Other states to follow)
CLICK HERE to complete our online enquiry form or phone me, Deb Small on 1300 484 328, for the property list and an information pack.

Cheers
Deb Small

PS: This is a rare cash positive investment that you really should consider... What can you lose

  • GOVERNMENT SUBSIDISED PROPERTY INVESTMENT
  • SECURED INCOME STREAM (10 years)
  • CASH FLOW POSITIVE INVESTMENT
  • MAINTAINED AND MANAGED
  • $80,000+ PLUS TAX CREDITS OVER 10 YEARS

Don't miss out - complete our online enquiry form - click here


First Home Owners Grant Extended - Ask us how we can help you

First Home Owners Boost has been extended...


Most of you will have heard by now that the First Home Owners Boost has been extended. This is good news, as it has been very successful in stimulating the market. Set out in the table below are the relevant dates and the amounts of the boost for easy reference.

Brand New Home / Strata Unit

Contracts
Dated

Federal FHO Grant

Federal FHOG Boost

Total

1/07/09 to 30/09/09

$7,000

$14,000

$21,000

1/10/09 to 10/11/09

$7,000

$7,000

$14,000

11/11/09 to 31/12/09

$7,000

$7,000

$14,000

Established Home / Strata Unit

Contracts
Dated

Federal FHO Grant

Federal FHOG Boost

Total

1/07/09 to 30/09/09

$7,000

$7,000

$14,000

1/10/09 to 10/11/09

$7,000

$3,500

$10,500

11/11/09 to 31/12/09

$7,000

$3,500

$10,500


Please note it is still possible for people to receive the grant even if they buy a property from their parents. There are however tight guidelines that need to be followed. If you have any unusual situations or queries please do not hesitate to contact us.

Click Here to find out how Expert Property Solutions can help you get into your first home by securing a fantastic deal at under market value and with no up-front research fees.

Figures provided by Statewide Conveyancing. For further information on the changes contact Kellie Woodward in our Brisbane Office on (07) 3223 5928 or Roland Taylor in our Mackay office on (07) 4963 0807 or visit Statewide Conveyancing website.


Consumer Sentiment Optimistic

Consumer sentiment has remained volatile during the last 17 months on a month-to-month basis but for the first time, Westpac-Melbourne Institute Index indicates optimists are outweighing the pessimists in regard to the economic outlook.

RPData reports that the June results for Australian Consumer Sentiment saw the Index recorded at 100.1 points for the month. Looking at the month to month trends this was the first time the index was recorded at or above 100 points since January. This increase equates to a 12.7% rise above the May result.

So what does this mean? With news that we have 'technically' avoided a recession, the residential property market is stabilising and the Australian dollar is up compared to the $US, the evidence suggests that the average person is heavily influenced by the media and the way the media reports data can definately have an impact on how we, as average consumers view the current environment.

RPData suggests that "Consumer sentiment has a strong correlation with national sales volumes. When sentiment is high, sales volumes tend to increase and when sentiment falls, as it has over the last year or so, sales volumes also fall"


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