best video on KZfaq explaining equity in Australia. Other just sell the positives and dont touch on the risks or the realities of what comes with taking out equity

Enjoyed watching that. Easy to understand and follow.

Great explanations! Keep up the quality, this is really detailed and thorough

great video , what about turning principal place of residence (ppor) into an investment property ?

Very detailed informative one, thankyou

Great video, by far the most informative on youtube. Keep it up!

Thank you for your explanations🎉

This is a very great and detailed explanation, however, the unclear part for me is how do you take out the equity? do you refinance? apply another loan to another bank?

Another great video. Thanks Niro!

Watch out - I’ve been on the planet longer than this fella- let me give you a glimpse of what can happen! 1992 - I converted a property £52 k into 4 flats ( apartments) they were valued at 70-75 k each on completion- Crash came- bank forced the return of loan ( I started at 30 percent ltv ) - I saw one of my almost completed flats sold in auction for £22,000. The rest sold later that year. Today 350,000 might get you in the door of this type of accommodation. 25 mins from Liverpool Street station in London. I’ll give you one piece of advice- your bank/ building society is way way worse than a loan shark- or just a shark. They couldn’t care less if they were watching you drown whilst circling in a life boat. It’s all about what they want at the time - you are of NO consequence. You’re safer down at the casino! At least when you lose the pain is quick. Please be warned and don’t believe the internet is your friend and guiding hand- it’s not. Be careful out there.

Hands down, this is amazing. Thanks for the clear explanation and transparency.

Very good information

Heya sir, thanks heaps for this super informative, really wanted to get some advice regarding if we should go with the LMI, based on 80% of our house value think we may only be around 10% deposit however wed be well demonstrating to service another being 220-230k household income

I would be more interested in how we can save more in CGT tax, as basically people say we will only pay 0% tax unlike normal investment.

LMI video please. Thanks for the great videos

HI Niro, very nice and informative video. Can you please do a video on SMSF please

Brilliant video👏🏻👏🏻

LMI video please! Would be really helpful

Can you please advise what all are the tax advantages for IP. Thankyou

thanks, Niro

Could you please advise who's name you put investment properties in?

Good video But still confused So the 140k used, will increase repayments on my home loan? And how can the 140k be invested only

Hi Nero, I just want to say a big thank you for this vedio. This vedio was something I was waiting for. You have explained very clearly with example in simplest form. Thank you.

Nice!

Do you have to have the income to cover both loans or just your primary home loan?

LMI episode please Thanks

Hi mate the episode was great. But it would have been great if you have given some insight about the borrowing capacity and linked it with releasing equity. As you know many individuals has a property with lots of equity. However they don’t have the borrowing capacity. If you have time please clarify this through an illustrative video mentioning what are the ratios banks use to assess the borrowing capacity. Thanks

Does taking equity on your home, increase the home repayments on your existing mortgage. Thank you 😊

Hello Niro, Nice video. I was thinking about grading you, but then thought the better of it. Solid information as always. And you worked in the white board- EXCELLENT! However, your presentation style needs a little work--in brief: I am thinking your typical investor is a bespectacled forty-something, and may have poor eyesight- you gotta write bigger, use a more visible ink and do a little something about that lighting, which is bright, but causes glare in contrast with the white board (you gotta up your game here, man, as this is quite possibly costing you worthwhile clients, and I want to see an excellent investment advisor like you succeed). Overall, yet another great video, packed with good, solid information. You are definitely not steering newbies to the RE investment space wrong, and continuously prove yourself to be a great resource. Your video talks about the phenomenon known to us in The (Former) Colonies as "Equity-Hopping" (using the accumulated equity in one property to get into==that is, hop into--one or more subsequent properties, repeating the process ad infinitum for as long as possible), and you would do well to perhaps show the reader the risks--namely, the downsides--associated with it and just how it turned out for us in the states during the Great Recession and for Aussies when RE prices pulled back a few years ago... In closing, here are a few tips to up your game, Guy: 1. You might want to consider breaking this video up into parts--same video, but with several chapters. 2. Even better, you break this video up into several videos, creating a series with each focusing on a particular piece of information from this video, but with more detail. Here is just one idea in that vein: a. The topic of owner's perceived equity- you know, like you said, the classic mistake of newbie RE investors (that is, viewing equity as the difference between owner's estimate of property market value and the mortgage on said property); you could have soooooo much fun with this one topic alone, as there is a lot to unpack here (for example, how owner's perceived equity is shaped by various croupiers--RE agents, auctioneers and property listing sites on the internet--during a rising market and their various agendas, the difference between harvesting equity (and what you might actually get during a sale) and borrowing against the equity in the property, and always forgotten dimension of accounting for all liabilities against a property when looking at equity calculations. b. The mutually reinforcing importance of available equity and release-able equity, and why it is more important to be conservative and focus on the latter than the former. c. How to equity-hop without going bust/bankrupt. d. Asset-ratios, Leverage (Debt)-ratios and Income-ratios: which is the most important, and why e. Capital- both its requirements in RE and its allocation and why it is critically important for success f. Personal financial position- everything from net worth excluding one's abode to stability of earned income sources apart from rental income sources and the crucial difference between income statements, revenue rolls and cash flows. 3. As you have probably guessed, I am a huge fan of white boards. You gotta have two of those in the background, both side by side--one on the left and one on the right. Use the one on the left to provide an outline of the topics of the video, and use the one on the right for your example sketch work. Or you could go high tech and have a fifty- or sixty-inch high-res screen that you can use like a canvas to write and sketch on. And write BIG! And ease up on the lighting (not too much, though--we still gotta see your masterpiece!) so that there is no glare and we can see your intelligent insight hard at work. Hit me up if you want to discuss more in-depth. And don't be afraid to offer a recommendation to noobs as to whether to be aggressive with equity-hopping or be conservative (I personally hope that you come down on the side of conservatism). And please continue to post very intelligent and insightful videos. Keep up the excellent work, Niro! Cheers!

LMI yes or not. Tia

So the game changes completely if I have 100% equity in my home... I have 100% equity on all my properties. My home, three apartments, and some parcels of land. I need to get some use out of that equity! I'm retired, so I've been extremely risk averse and have made sure to pay off my properties as soon as possible.

That’s because the house is never the collateral, your income is!

But don't other lenders that look at your downpayment see it is leveraged and see it as a risk refusing you a loan for property number 2&3?

12:00 minutes mark, purchase multiple investments properties.

LMI episode please

Great video. Thanks. Session on LMI Please. Also, Interest Only vs P+I please 🙏

Interesting

LMI please

Hello sir I like this kind videos. Please can you opinion on this please. I have lots of equities for my properties have houses in Perth and Darwin with LVR is only 40% for everything. We have approved to draw only $300000 cash out but we did on interest only. Please sir is there benefit for access cash out on province + interest or interest only? What is your kind thoughts please. Do you do principle or the interest only when you do this. Thank you sir. So kind.

Only a good strategy to have high equity value if your first ppor is sitting on.equity of 200 k. How does that happen in the current cycle- for example you need a high borrowing capdoty but im on 1 wage and have 120 k in my current home- so what wuld be a good ip investment? For example my current ppor is 600 k value ( 480 k loan ) so 120 value- 80% can only get 90 k extractions and i can only get a 350 to 400 k IP which ks impossible in perth given its growth- otherwise i need to pay lmi

What costs are involved in holding each property like land tax,council rates bodycorp, water rates insurance costs, maintenance and ect,ect...

So essentially you will keep IPs as Interest Only ? And for how long ?

Hi Niro and investment rise, I love your videos and your strategies, my question is how much do I need to be making on my job to be able to refurbish the 2 new investment properties Pk

If I use the equity in my home to buy an IP, then is that now a cross collateralisation loan?

Could you use overseas Property you have inherited?

LMI episode pls

How would the cross security look like amongst these investments ?

Lmi please

Hey mate, Session on LMI plz - whether to go with 80% , 90% wiser

LMI 👍

👍🏻

LMI

590000

Lmi episode

u got it all wrong, go back to classroom again. Have you factored borrowing power with 6% interest rate? in your example the total loan is 1500k, wow calculate the monthly repayment

LMI

LMI