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david@lendpower.com.au

Tag: risk mitigation

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Lend Power Deal of the Fortnight – 20 Juanita Grove, Springwood QLD 4127

Our pick of the week this week is 20 Juanita Grove, Springwood QLD 4127. Bought recently by one of our clients for $420K, this 3 bedroom, 1 bathroom lowset house sitting on 1050sqm block is an excellent addition to portfolio for the following reasons: 1. 500m to Springwood Shopping Centre Hub which is one of…
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[WHAT I LEARNT OUT OF BUYING 7 PROPERTIES SERIES] LESSON 2 – WHY YOU SHOULD AVOID BUYING PROPERTY WITH A POOL

Fast forward to 2015 – we’ve pulled out equity from our Sydney properties and are now ready to go again. Being priced out of Sydney with some crazy offers being thrown around, me and my partner decided to start looking at SE QLD in particular the Logan market, as the capital investment is small but…
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[Investment Strategy] How to develop optimal offer price and forecast cashflow using the cashflow calculator

I think as an investor a cashflow calculator is an absolute minimum tool to have. At the end of the day investing is all about using money to make money – but before you can make any equity you should understand how much the holding costs are per week, month or year in order to…
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[3 min Wed finance series] A case study – why you need access to many lenders

When experienced property investor Joe Blob agreed to buy a block of land, he didn’t expect the land’s mining-town location to make it difficult to secure finance. After failing to find a lender who could help him, he visited a mortgage broker who found just the right mortgage for his needs.

[3 min Wed finance series] Fixed, variable, split…which is the right fit for you?

In Australia, there are a number of ways to structure your home loan repayments. Finding the best option may save you time and money on your mortgage. Here is some information to help you choose the repayment structure that works best for you.

[Portfolio Showcase Series] KEEPING THE MOMENTUM GOING ON PROPERTY #4 (PART 3) – TRANSFORMATION TIME!

After the first terrible experience with engaging a remote builder, I was gobsmacked but at the same time determined to find the people I can trust to get the renovation job done. The other side of me was hoping that I may be able to get away with just getting it rent out as is…
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[Investing Tips & Tricks] Why you should be extra cautious working with cash job tradies

Let’s admit it, investing in property is not all rosy when you have maintenance issues. This is usually the biggest expense and it’s unavoidable. So as smart investors we all want to find ways to minimize outgoing expense. And tradies understand that. Investors are not looking for top notch jobs. They just want someone who…
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[WHAT I LEARNT OUT OF BUYING 7 PROPERTIES SERIES] LESSON 1 – WHY YOU SHOULD AVOID OFF THE PLAN (OTP) LIKE A PLAGUE

It’s always been my goal to be able to give back and help other investors grow, minimize mistakes via sharing my own experiences and journey to-date. This is the whole reason why I started my personal blog David’s Property Journey last year. Looking back however I felt the blog was quite loosely structured, so I…
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[Investment Strategy] How to determine best offer price and cashflow forecast via cashflow calculator

Hey guys! You may have noticed that with my property stories I have been including a snippet of yield/cashflow calculator analysis. This is the tool I want to cover today as it’s a very handy little tool to help me determine the offer price, yield as well as forecasting cashflow when the property settles. I think…
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CG Versus Cashflow – which type of Investment Property should I buy next?

As investors, we always ask ourselves whether the next step is to purchase a Capital Gain (CG) focused or Cashflow focused property to add to the portfolio. I was no exception, and having gone through purchasing 7 properties now I thought I could share some of my own experiences in this regard to help everyone…
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