Independent Financial & Property pty ltd in Gold Coast, Queensland | Mortgage brokers

Independent Financial & Property pty ltd

Locality: Gold Coast, Queensland

Phone: +61 1300 725 633

Address: Level 2/128 Bundall rd 4217 Gold Coast, QLD, Australia

Website: http://theifpgroup.com.au

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• Financial service
• Mortgage brokers
• Property investment firm
• Financial planner

25.01.2022 #Save one-third, live on one-third and give away one-third. Angelina Jolie - easy for her to say?

24.01.2022 What would a home loan cost? According to the Domain House Price report, the median house price in Sydney has broken through the $1 million barrier. The median price in other states is more modest, but still uncomfortably high. So what would a home loan cost you over the life of the loan? The average home loan rate is currently 4.64% The average standard variable home loan rate on our database is just 4.64%. Thats so low, right? Well yes, but even a low interest rate over ...as long period of time adds up to a big cost. Remember you may well have your home loan for 30 years. Based on that average home loan rate of 4.64%, a home loan over 30 years could cost you the following: Loan size Monthly repayment Cost over 30 years $500,000 $2,575 $927,068 $750,000 $3,863 $1,390,602 $1,000,000 $5,150 $1,854,135 Remember this is assuming that the rate will stay low for the term of your loan. Thats not likely to happen so the loan will cost you much more. Also remember that you are paying it off with after tax dollars which means you will have to earn a heck of a lot more than what you repay. Your hard earned dollar is much better spent on investment loans as they are tax deductable and also you have a tenant helping pay off the loan. At The IFP Group we also make sure you have a very effective strategy to kill off your home loan debt as fast as possible so dont delay, contact us now to find out how to make best use of your money.

23.01.2022 The art is not in making money, but in keeping it. Proverb

22.01.2022 I am grateful for the blessings of #wealth, but it hasnt changed who I am. My feet are still on the ground. Im just wearing better shoes. Oprah Winfrey

21.01.2022 Too many people spend money they earned..to buy things they dont want..to impress people that they dont like. Will Rogers

21.01.2022 You only live once, but if you do it right, once is enough. Mae West - I guess everyday really does count

21.01.2022 If you don’t own a home, buy one. If you own a home, buy another one. If you own two homes, buy a third. And, lend your relatives the money to buy a home. - #investing -John Paulson, investor and multi-billionaire

21.01.2022 Australian #share market drops despite solid employment figures, and #rents are set to rise - I dunno you decide which is most stable!

20.01.2022 Advocates of GST hike making 'very powerful point', Abbott says http://buff.ly/1OaZ9E8 - more GST and less income tax - Your views?

20.01.2022 There are some towns with wacky names in Australia. How about this one - Loos SA

19.01.2022 Risk comes from not knowing what youre doing. #Investing - warren buffett

18.01.2022 Be master of your petty annoyances and conserve your energies for the big, worthwhile things. It isnt the mountain ahead that wears you out its the grain of sand in your shoe. Robert Service

17.01.2022 Now, one thing I tell everyone is learn about #real estate. Repeat after me: real estate provides the highest returns, the greatest values and the least risk. -Armstrong Williams

17.01.2022 How many times does fear stop us doing something? There is only one thing that makes a dream impossible to achieve: the fear of failure. Paulo Coelho, The Alchemist

16.01.2022 The best #investment on earth is earth. -Louis Glickman

14.01.2022 Just keep going, youll make it one day. Run, Forrest, run! from Forrest Gump

14.01.2022 Rental yields are dropping in Melbourne & Sydney because rents haven't risen in line with price rises but there is still value to be found

14.01.2022 wow the kids would love a holiday here

14.01.2022 Ive been too busy to train its the most common excuse for weight gain and poor cardiovascular fitness. But we seem to make time every day to read personal emails, check Facebook and watch our favourite televisions shows, so why not a quick workout? Excuses Excuses Excuses - stop making them!! Don't you find that our finances and our fitness conjure up the same excuses!

14.01.2022 Do not #save what is left after spending, but spend what is left after #saving. Warren Buffet

13.01.2022 "I didn't fail the test I just found 100 ways to do it wrong" - Benjamin Franklin

12.01.2022 Malcolm #Turnbull topples Tony #Abbott: what's your mood?

12.01.2022 The home of Italian sculptor, painter Michelangelo has hit the market for $12 million - wonder what he paid for it?

12.01.2022 If you do not like #real estate, all you have to do is make hamburgers, build a business around that hamburger, and franchise it. -Robert Kiyosaki

11.01.2022 When you want to move it's not always the best decision to turn the old property into an investment property, especially if the new home is going to have a large mortgage. It means you have a large non-deductible debt on your own home and a small deductible debt on your investment. Maximise your tax deduction and minimise you home debt, that's the best way to go. Give me a call if you're not sure what to do

11.01.2022 Do you know your capitals? Are you in the know about cash-flow? Anyone planning to enter the property market will benefit from knowing the difference between capital gain, capital value growth (appreciation) and cash-flow.... Know the difference Anna Kyriacou, Principal at AKA Group Accountants Advisors Mentors, explains the difference between capital gain and capital value growth/appreciation: A capital gain is the profit an investor makes after selling the property, whereas capital appreciation (value growth) is an increase in value of property while you still own it, she says. It also happens when you buy a home in a suburb that later records property value growth because of a shortage of homes and/or strong demand from buyers. When either of these things happen your propertys paper capital value grows. As long as you dont sell your property or have a capital gain tax event, you wont be asked to pay taxes on your capital growth, explains Juliana Ardila, Owner of Prada Credit Solutions. The key to building a successful portfolio is to use this gain or equity- to leverage and buy again. What is cash-flow? Cash-flow is what is left in an investors pocket once all regular ongoing costs are deducted from all regular income (rent). Again, in simple terms, from a tax point of view cash flow is gross rental income less property expenses less loan repayments plus any tax benefits, Kyriacou says. What should I look for? So which factor is most important when selecting a rental property? If someone is starting an investment portfolio, they need to look at cash-flow and capital appreciation. My recommendation is to always chase both, as what is the point of having an asset that does not have cash-flow and is increasing in value each year. If it does not have both, in my view, it is simply going to be a money pit, as houses require maintenance and in some states $1,000s of dollars in land tax (when selling). Simon Cohen, Managing Director of buyers agency Cohen Handler agrees. An investors goal should be about finding a happy medium between capital value growth, and regular cash flow. It is about doing your research and finding a property that has that right balance for your own individual needs and goals, Cohen says. Most importantly, it must be in an area that is rentable. That is essential, because you do need rental cash flow to help you cover ongoing costs associated with the property and you are not out of pocket too much if at all, from week to week. It also means you are less likely to need to sell before you are can reap the full benefit of long-term capital gain. Our job at IFP is to help guide you in achieving both cash flow and that capital gain. Contact us NOW to find out how we do it.

11.01.2022 #Real #estate cannot be lost or stolen, nor can it be carried away it is about the safest #investment in the world. Franklin D. Roosevelt

10.01.2022 "No matter the state of the market, inner city housing will always cost a premium", says the RBA. Thats why outer suburbs will be in demand

09.01.2022 "Five money D's women need to know - Don't depend on destiny to deliver dollars" Brisbane Times - "Dammit. Dames must decide to dig in"

09.01.2022 Isn't it great what money can buy

09.01.2022 Tiny houses, big #savings: Students build small homes to escape costly rent. Every #investment has a buyer!

08.01.2022 #Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security. - #investing #property -Russell Sage, American Financier and Politician

06.01.2022 Be thankful for what you have; youll end up having more. If you think on what you dont have, you will never have enough. Oprah Winfrey

06.01.2022 Money cant buy happiness, but it will certainly get you a better class of memories. Ronald Reagan

04.01.2022 In 1997, in Rich Dad, Poor Dad, I stated, 'Your home is not an asset.' Real estate agents sent me hate mail. Robert Kiyosaki Stupid comment, or was he saying something powerful?

03.01.2022 If you dont own a home, buy one. If you own a home, buy another one. If you own two homes, buy a third. And, lend your relatives the money to buy a home. - #investing -John Paulson, investor and multi-billionaire

02.01.2022 #Tony Abbott missed out on his full #superannuation entitlement by 4 days. You must never take things for granted - look after yourself