PropertyInvesting.com | --Brett-- | Activity https://www.propertyinvesting.com/members/--brett--/activity/ Activity feed for --Brett--. Sun, 12 Apr 2026 04:16:58 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 6104145c3246c843a64009913fef1458 --Brett-- replied to the topic Obtaining maximum returns from -ve IP's in the forum General Property https://www.propertyinvesting.com/topic/4368432-obtaining-maximum-returns-from-ve-ips/#post-4431806 Fri, 03 Oct 2003 01:08:15 +0000 Daisii,

It’s true, your husband would be able to claim a bigger deduction if the property was all in his name. However, if you to change the ownership it will trigger a stamp duty payment, just like selling your half to him.

The other longer term point to consider is if/when you plan to sell. Lets use the following scenario:
1. You’ve held it…[Read more]

]]> 7dc08bfdcedc4d2da08b2377a87a68d8 --Brett-- replied to the topic Urban Renewal Houses are great buys in the forum General Property https://www.propertyinvesting.com/topic/4368355-urban-renewal-houses-are-great-buys/#post-4431211 Thu, 02 Oct 2003 00:10:34 +0000 In WA anyone can buy the ‘Urban Renewal’ properties. Caz, you still buying in Kwinana? I’m building an IP on a block in Parmelia, Department of Housing sold it to me 6 months ago for 27k with 6k worth of building incentives. Now these’s no full size house lots avaiable unber 40k.

I think there’ll be a heap more growth there as they…[Read more]

]]> e5fc75438806c6f3ae5df8d4298394ef --Brett-- replied to the topic Is this a good deal in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368209-is-this-a-good-deal/#post-4430280 Fri, 26 Sep 2003 02:46:12 +0000 make sure you check if that rent includes GST. if it does, then the ‘actual ret’ is 9.1% lower.

]]> 090d48f6115bdeab36a68ae105739bd4 --Brett-- replied to the topic Experienced WA Investors in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367977-experienced-wa-investors/#post-4428971 Wed, 24 Sep 2003 16:29:12 +0000 People,

A quick word of warning about the WA reginal trends and indicators docuemnts. Watch out for the population growth projections! There seems to be a lot of areas that have exactly the same growth rate (eg that of the state as a whole) for future projections. Someone seems to have done a striaght line projection over much of the…[Read more]

]]> 35bac32c44609b23301e7b6d69bdf739 --Brett-- replied to the topic Finders Fees in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368112-finders-fees/#post-4429661 Wed, 24 Sep 2003 16:22:06 +0000 I think the issue of when/ how a finders fee is paid is irrelevent in the long run. If someone gets a deal through this forum and then doesn’t pay what they agreed, I think it would be the last deal they did… a few posts and public naming would sort them out.

It all comes back to integrity, honesty and win/win.

Brett

]]> d0313cf92dfe972fbac765e9393b8e13 --Brett-- replied to the topic contractual lawyers are richer than Steve!! in the forum No Subject https://www.propertyinvesting.com/topic/4368046-contractual-lawyers-are-richer-than-steve/#post-4429376 Mon, 22 Sep 2003 02:21:39 +0000 Who was the agent if you don’t mind naming names? I live and invest in Mandurah and would love to add them to my ‘steer clear of’ list.

Great storm wasn’t it? I was silly enough to try and play golf Sunday morning.

Thanks,
Brett

]]> cf0b6ee69a97dc874319cd828fece76c --Brett-- replied to the topic "Bird-Dog" deal in Queensland in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368064-bird-dog-deal-in-queensland/#post-4429455 Mon, 22 Sep 2003 00:07:13 +0000 I’m interested. please send me some more details of the property to brettm@netfactory.com.au and also include details of what you’d like out of the deal.

thanks,
brett

]]> ea8cbc81a0e19f53baf65ffd3391c776 --Brett-- replied to the topic Port Pirie in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367909-port-pirie/#post-4428599 Thu, 18 Sep 2003 01:30:47 +0000 A friend of mine has eight house in Port Pirie (he used to work there). Very good rental demand, long tenancies and steady capital growth (4% pa last three years).

BUT… The main industry in town in the Port Piries Lead/Zinc smelter. This was owned by Pasminco, now owned by the banks after Pasminco folded. This smelter is certainly in it’s…[Read more]

]]> 4d5fc5d002e4cd3004eb234efb687de9 --Brett-- replied to the topic Bank Valuations in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367933-bank-valuations/#post-4428744 Thu, 18 Sep 2003 00:44:50 +0000 If you clear it with your bank, you can ask your bank/ broker which valuer/s they use and arrange the valuation yourself.

]]> 62be47f2279ec5959ec53ef5073aa707 --Brett-- replied to the topic when to insure in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367920-when-to-insure/#post-4428694 Thu, 18 Sep 2003 00:37:43 +0000 In WA you need insurance from the date of settlement.

Brett

]]> 5662ceb8321b0de2ef60c7c5d2056b05 --Brett-- replied to the topic People still selling the -ve gearing con? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367780-people-still-selling-the-ve-gearing-con/page/2/#post-4428000 Tue, 16 Sep 2003 07:58:10 +0000 Just thought I’d include a couple of other points:

1. Why focus on which is better? -ve gearing is a good investment for certain people, not better or worse than +ve, just different.

2. Most business ventures start off losing money, but with growth turn positive, then very positve. It’s harder to end up a billionaire without putting in any…[Read more]

]]> 2dc2e98f02fd57ac4eaf589976e80715 --Brett-- replied to the topic Student accomodation in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367871-student-accomodation/#post-4428425 Tue, 16 Sep 2003 00:08:48 +0000 To say you don’t have time will be a self fulfilling prophecy.

]]> 8a2f14f3b7a3651b58d128a8fb826ff3 --Brett-- replied to the topic Wrapees looking for Investors. in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367736-wrapees-looking-for-investors/#post-4427694 Fri, 12 Sep 2003 03:39:05 +0000 Ventura,

If you/ your friends are still keen, please send me an email. I might be able to help them into a house of their own.

brett
brettm@netfactory.com.au

]]> 83363b6175e5069f4c336136cc6f63c8 --Brett-- replied to the topic Finally an 11sec property - its commercial help in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367742-finally-an-11sec-property-its-commercial-help/#post-4427716 Thu, 11 Sep 2003 09:06:12 +0000 check what LVR you can get, commercial loans are generally 70% max, some go to 75%.

]]> 8ab7f0721273c55505af5c6fa43d9c0b --Brett-- replied to the topic IP purchases in a company structure in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367420-ip-purchases-in-a-company-structure/#post-4425735 Thu, 04 Sep 2003 07:51:43 +0000 Your comments about risk are noted and have been considered. One point to note on the risk side is that a director’s assets are fair game when you are sued anyway.

My own position is such that I don’t feel too exposed. I’m a consultant with good PI insurance. Damages are limited by contract to haveing to re do reports, which would consume…[Read more]

]]> f8cfad0224b3b8facb5b44ea79b96672 --Brett-- replied to the topic mr gallop say W.A is the go in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367490-mr-gallop-say-w-a-is-the-go/#post-4426308 Thu, 04 Sep 2003 07:38:11 +0000 There’s absolutelty no good deals in WA. I’m over here,[:P] trust me. (well maybe there’s a couple, but don’t want to share)

]]> 5ae2666571f8c74e377338cce76a6cb0 --Brett-- replied to the topic Housing Boom Tipped To Go On in the forum No Subject https://www.propertyinvesting.com/topic/4367394-housing-boom-tipped-to-go-on/#post-4425591 Wed, 03 Sep 2003 03:31:45 +0000 Seems interesting that a lot of people are concerned about prices dropping. Personally, as a long term investor, I’d love to see them go backwards for a bit.

The people all over IP home-opens trying to get into the market now will work well for us when it turns… they’ll all be trying to get out. Think of the opportunities!

I love the Herd…[Read more]

]]> 859aaf2734143064507c02ce501fc0d8 --Brett-- replied to the topic "Off the plan" - as the vendor in the forum No Subject https://www.propertyinvesting.com/topic/4367453-off-the-plan-as-the-vendor/#post-4426034 Wed, 03 Sep 2003 03:16:27 +0000 I’m developing a couple of things in WA. One thing to watch is the difference in prices now and when you complete the development. Selling off the plan in a rising market can hurt you, particularly if you’re only doing small projects and don’t need the pre-sales for any finance arrangement.

I’ll give an example:
Triplex block in Mandurah,…[Read more]

]]> 44ad9af73f157d8fa4ecd7b1582394a9 --Brett-- replied to the topic IP purchases in a company structure in the forum No Subject https://www.propertyinvesting.com/topic/4367420-ip-purchases-in-a-company-structure/#post-4425724 Wed, 03 Sep 2003 02:50:45 +0000 Terry/ Richard,

thanks for the feedback. Both comments highlight the things issues I’ve tried to get around.
1. Directors + PG: Not much good as I’m sole director, with all income sourced through the company.
2. The company is technically a trading company. I’m a professional working for my own comapny, basically a sub-contractor.

In response…[Read more]

]]> 659cf43b379ed41ebc405db1cab1ea69 --Brett-- replied to the topic Using Credit Card 55 Free Days to pay Mortgage in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367263-using-credit-card-55-free-days-to-pay-mortgage/#post-4424840 Tue, 02 Sep 2003 01:05:46 +0000 I think there’s value in the off-set/ Credit card set up if you spend a lot. My partner and I spend about $5k a month on our card, so that means we’ve got $5k not being charged interest each month (interest = $25/month).

With our fixed monthly repayement, we pay on average $25 less interest and $25 extra principle. This should knock $9k…[Read more]

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