How You Can Buy Quality US Properties from $12,000

With Rent Returns over 20%

The US recession is coming to an end and global investors are now pouncing on under-valued US property. 888 Wealth Creation has just joined a large US buying group, sourcing American homes for Aussie investors in areas where house prices are a fraction of normal cost. Our buyers inspect and buy the best properties from US banks, organise renovation if necessary and arrange management, tax and legals on behalf of Australian investors.

Property prices in the US have plummeted to 1980 levels, but rent and rental demand are still high. All legal and accounting issues are taken care of by our US professionals, with your own US company set up to hold your US home. You can now afford to buy complete apartment blocks for under $100,000! You can also buy these properties with your Super Fund.

Property prices are rising and will rocket as the US economy recovers. Now is the time to act with the Aussie dollar at record highs. Earn rent in US Dollars and get over 20% return.

888 Wealth Creation in Byron Bay are your local agents for buying US Property. Call us now to arrange a free consultation. For more information click here...

New University creates Hot Spot in Kirra for high rent returns.

The new Southern Cross University Gold Coast Campus in Kirra/Bilinga neighbouring the Coolangatta Airport will open in 2010, bringing 3000 students to the area. Without on-campus housing these students will have to live off campus in the neighbouring suburbs. Rental accommodation designed for this market will perform well with units and houses nearby gaining strong rental demand. Students pay $150 or more per week per room, making houses with extra bedrooms an investment target for rental returns.

Foreign students studying in Australia have perhaps made the largest impact lately in increasing demand. International enrolment last year went up by an average of 20.7% over the year earlier. This year, some universities are reporting up to 13% increases in overall acceptance rates. Taken in a larger context, international education contributed $14.2 billion to the economy in 2007-2008, making it Australia’s third-largest export.

888 Wealth Creation has been buying investment properties for clients in this area and helping them to position the properties for best returns by catering to student needs. One house sold for $445,000 and had 4 bedrooms and a 2 bedroom granny flat with a potential rent of $900 per week. Please call us if you would like to find out more about this lucrative investment strategy.

Green loans - $10,000 interest free for 4 years

Order your Home Sustainability Assessment Now!

The Federal Government's Green Loans Program was introduced in July 2009 to assist families to install solar, water saving and energy efficient products to reduce greenhouse gas emissions.  The loans are available from some banks, building societies and credit unions to help home owners contribute towards reducing greenhouse gas emissions and meet our global targets.

The program includes a free home sustainability assessment, which is the first step in qualifying for an interest-free loan of up to $10,000 over four years. A qualified home sustainability assessor visits the household and investigates energy and water consumption patterns to identify actions that households can take to save energy and water.

Each household then receives a tailored report outlining recommended actions ranging from small things like switching to energy efficient light bulbs to larger scale changes such as installing rainwater tanks and solar panels. Households may wish to access a green loan to make the larger scale improvements.

Even renters can order a home sustainability assessment, because measures can reduce their electricity costs. Your local qualified inspector is Simon Fitzpatrick. Call him on 66884620 or 0409760380 to find out more and get a free inspection today.

Banks go Bananas with Interest Rates

The Reserve Bank of Australia again raised the official cash rate by one quarter of a percentage point last week, bringing it back to 3.75 per cent.

This is the third consecutive monthly increase since rates bottomed at 3 per cent earlier in the year in response to the Global Financial Crisis.

Major banks responded differently to this opportunity, with Westpac turning ogre by lifting its rate by almost double the RBA increase, and then emailing its customers a patronizing video comparing rate rises to the cost of bananas. Westpac raised its rate by 0.45% to 6.76%, now the highest standard variable of all the major banks.

Next highest is ANZ with a 0.35% rise to 6.66% (number of the beast!). CBA is running second lowest even though it raised its rate by 0.37% with a new rate of 6.61%. Nab is the real standout, showing loyalty to borrowers with the lowest rate rise of 0.25%, on par with the RBA to be 6.49%. RAMS, a Westpac subsidiary raised rates by 0.29% to have a rate of 6.48%.

Reserve Bank Governor Glenn Stevens said that with the risk of serious economic contraction in Australia having passed, the Board has moved at recent meetings to lessen gradually the degree of monetary stimulus that was put in place when the outlook appeared to be much weaker.

"These material adjustments to the stance of monetary policy will, in the Board's view, work to increase the sustainability of growth in economic activity and keep inflation consistent with the target over the years ahead", Governor Stevens said.

Expect more rate rises in 2010. If you would like to look at saving money by refinancing, we have products with rates from 5.58%. Call Vincent or Siris on 02 66857888 to find out more.

Clean Energy explosion fuels property boom

As Australia strives to meet carbon emission targets and avert the global warming crisis, the push is on to develop low-carbon solutions for our energy production. Coal-fired power stations produce three times the carbon emissions as cleaner gas fired power stations creating a thriving new industry developing cleaner power plants. Australia is now leading the world in Coal Seam Gas production, a new method for extracting pure methane gas from underground coal deposits.

In the past coal seam gas was vented into the atmosphere or burned during the coal mining process, as it was dangerous to mining operations. Now Arrow Energy and Origin Energy are extracting the gas and generating electricity in south eastern Queensland by tapping the gas from coalfields in the Bowen and Surat Basins.

The coal seam gas industry is expanding rapidly creating a boom for real estate in the town of Dalby, 210km west of Brisbane. Most sources agree that the town will double in size within five years, creating demand for new, modern housing for the influx of workers, engineers and their families.

At 888 Wealth Creation, we have brokered a deal to provide land and house packages in Dalby at wholesale prices for property investors. We have tapped into exclusive marketing channels that are not available to the general public to offer quality new homes with immediate cash returns and sales well above the cost to build. There is a limited supply of land that will lead to shortages of supply, increasing rents and property prices.

In this year alone rents have increased from $480 per week to $550 per week and houses that cost $336,000 to build have sold for $418 – 427,000. This boom is taking off fast and the limited land releases are selling quickly. This is the best time to invest here, before the momentum peaks and prices get out of hand.

This is by far the best property opportunity I have seen since 2003, when our Brisbane properties doubled in value in one year. Call Vincent on 66857888 to get on board. Click here for more info...