PropertyInvesting.com | 3056 | Activity https://www.propertyinvesting.com/members/3056/activity/ Activity feed for 3056. Wed, 15 Apr 2026 02:33:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 bdb05a5250c327526058bfbd8d6f9312 3056 replied to the topic Amount of rent based on tenants speed. in the forum Help Needed! https://www.propertyinvesting.com/topic/4386725-amount-of-rent-based-on-tenants-speed/#post-4554267 Sat, 09 Sep 2006 08:20:35 +0000 Not sure whether that would be legal. As far as I’m aware, in VIC tenants can be up to two weeks late in any month before any action is taken against them. Also, I think a clause like that, if legal, would scare off prospective tenants.

There are 10 types of people in this world. Those that understand binary and those that don’t.

]]> eb65fb011d8a5940726fcbfec3ed7827 3056 replied to the topic Is this a + CF Property???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386547-is-this-a-cf-property/#post-4553334 Sun, 03 Sep 2006 09:18:33 +0000 Crystal,

$3260 divided by $85000 multiplied by 100% = approx 3.8% [happy3]

]]> c89f289b654a101715166a35f3c677a2 3056 replied to the topic Am I going mad? in the forum General Property https://www.propertyinvesting.com/topic/4386498-am-i-going-mad/#post-4553035 Fri, 18 Aug 2006 22:08:45 +0000 Good question..I’m not sure whether to be excited or scared about having all these funds available to me. I don’t think it’s the right time to be buying more property just yet. I’ve been trading some gold stocks recently with reasonable success so I’ll continue to do that. But if gold price can revisit and break through its recent high of $US730…[Read more]

]]> 2cc1283d1b7c1231dc59e0b9d1c1cad7 3056 replied to the topic Property potential loss of upto 100K! Help in the forum Help Needed! https://www.propertyinvesting.com/topic/4385989-property-potential-loss-of-upto-100k-help/#post-4550905 Sun, 02 Jul 2006 01:28:29 +0000 Definitely hold if you can afford to. You will one day look back, holding a substantial capital gain, and wonder what you were worried about. I bought a house in 1990 for $84,500 and it immediately began to fall in value. I thought it would never recover, let alone give me a capital gain. I would ask my agent every few months what it was worth. It…[Read more]

]]> da742ea13fcd39d4fd19807ac55d2e25 3056 replied to the topic property management fees in the forum Help Needed! https://www.propertyinvesting.com/topic/4385806-property-management-fees-3/#post-4549990 Sun, 11 Jun 2006 00:43:59 +0000 samjames,

I pay 5.5% (GST included) and I could not be happier with my agent. I have 3 properties with them.

]]> 07000cacc550ead8b0d618010cb02f42 3056 replied to the topic Calculating total income in the forum No Subject https://www.propertyinvesting.com/topic/4385342-calculating-total-income/#post-4546747 Fri, 05 May 2006 22:14:12 +0000 Tax rates 2005-06
$0 – $6,000 = Nil
$6,001 – $21,600 = 15c for each $1 over $6,000
$21,601 – $63,000 = $2,340 plus 30c for each $1 over $21,600
$63,001 – $95,000 = $14,760 plus 42c for each $1 over $63,000
Over $95,000 = $28,200 plus 47c for each $1 over $95,000
The above rates do not include the Medicare levy of 1.5%

The top t…[Read more]

]]> 484e8e67e600526dadc2192d6268b3dc 3056 replied to the topic Calculating total income in the forum No Subject https://www.propertyinvesting.com/topic/4385342-calculating-total-income/#post-4546745 Fri, 05 May 2006 08:09:54 +0000 andymitchell,

The withholding tax form is only of benefit to you if your taxable income is “reduced” because of your investment. In other words, your interest, bills, depreciation etc are greater than your rent. The net loss is used to reduce your taxable income, hence reduce your tax payments. So if you end up with a “higher” taxable income, why…[Read more]

]]> f160675e3d48328d0f295e7292831329 3056 replied to the topic Melbourne: What stage of property cycle? in the forum General Property https://www.propertyinvesting.com/topic/4385093-melbourne-what-stage-of-property-cycle/#post-4545460 Wed, 19 Apr 2006 09:11:25 +0000 Thanks for your reply ptn,

Property to double in five years, that’s highly optimistic in my opinion, but hey I won’t complain if you’re right. I’ve made a couple of very poor investment decisions over the last few years so that would really make my day (or five years).

I have 3 IPs. Two bought in 2001, fully paid off, good capital gains. One…[Read more]

]]> 26e7b9fb0777436251993c5db9ac1979 3056 replied to the topic Polishing up old floorboards in the forum Value Adding https://www.propertyinvesting.com/topic/4384894-polishing-up-old-floorboards/#post-4544410 Thu, 30 Mar 2006 08:52:00 +0000 What a great thread! Informative and very humorous![biggrin]

]]> b22570450e231715319d4a293bc01189 3056 replied to the topic virtual kickstart in the forum Help Needed! https://www.propertyinvesting.com/topic/4384625-virtual-kickstart/page/2/#post-4543085 Fri, 10 Mar 2006 07:42:23 +0000 Originally posted by Colin Gowan:
3056 Please accept my apologies I didn’t intend to offend anyone.

No offence taken Colin.[blink]

]]> 408b927ad1f124d2208fa186f2d89942 3056 replied to the topic virtual kickstart in the forum Help Needed! https://www.propertyinvesting.com/topic/4384625-virtual-kickstart/#post-4543076 Thu, 09 Mar 2006 10:48:33 +0000 I understand exactly what you are saying Simon and I take your comment as a compliment. I was just trying to make the point that the problem is the card owner, not the card.

]]> adb3812deb0dedb3041889dd8484ea53 3056 replied to the topic virtual kickstart in the forum Help Needed! https://www.propertyinvesting.com/topic/4384625-virtual-kickstart/#post-4543073 Thu, 09 Mar 2006 10:04:18 +0000 Originally posted by Colin Gowan:

Perhaps the first thing I suggest should be to cut up the theft cards, nobody needs them, if you are intelligent enough to be disciplined with repayments you are intelligent enough never to need them.
Enough said about those evil cards.[evil4]

Credit cards are not evil, it’s the people who cannot manage them…[Read more]

]]> 55cd10974ebc86255a6f434c89654d3f 3056 replied to the topic What’s eating you? in the forum Opinionated! https://www.propertyinvesting.com/topic/4384399-whataes-eating-you/#post-4541566 Tue, 21 Feb 2006 08:40:50 +0000 Yeah…OK?

]]> 91e25fe33d49d47897077acb74839062 3056 replied to the topic What’s eating you? in the forum Opinionated! https://www.propertyinvesting.com/topic/4384399-whataes-eating-you/#post-4541563 Tue, 21 Feb 2006 08:21:24 +0000 “From the heart of my bottom”. At first I thought it was a typo. What a great come back!

]]> f96d209cf46d4e494a0d8068ec647486 3056 replied to the topic loan in the forum Finance https://www.propertyinvesting.com/topic/4384189-loan-4/#post-4540718 Fri, 10 Feb 2006 10:31:29 +0000 I think an IO loan is great as long as the difference between the IO and PI monthly payment is also invested. If not, I would stick with a PI loan because you are not only disciplining yourself to save better by having to meet the larger repayment, but building equity in your property faster by reducing the loan (and saving interest) and getting…[Read more]

]]> 1362267e4146ab5cd411bb8cae7cfde4 3056 replied to the topic Landlord Inspections. in the forum Help Needed! https://www.propertyinvesting.com/topic/4384185-landlord-inspections/#post-4540690 Mon, 06 Feb 2006 09:39:34 +0000 MK,

This is one of many reasons why I would never manage my own properties. There are so many advantages to using a PM I can’t understand why everyone doesn’t do the same. I pay 5% commission and it’s tax deductible. You say you like to save $20 per property by managing them yourself, but how do you know an agent wouldn’t get you more rent?
I…[Read more]

]]> 1cc0dc4341d18e7b44b4a210210964f7 3056 replied to the topic Melbourne median property values up 5%? in the forum No Subject https://www.propertyinvesting.com/topic/4384156-melbourne-median-property-values-up-5/#post-4540496 Sun, 05 Feb 2006 01:38:07 +0000 Thanks Derek. By the way i’m Marco, not Steve.

]]> b36746d939bed5235eb34fac868610f9 3056 replied to the topic Melbourne median property values up 5%? in the forum No Subject https://www.propertyinvesting.com/topic/4384156-melbourne-median-property-values-up-5/#post-4540494 Sun, 05 Feb 2006 01:06:52 +0000 Exactly my point. Can we leave it at that, i’m tired of this. If i had have known i would be attacked for my post i would not have bothered. Everyone else on these forums seem to encourage each other and only offer positive feedback.

]]> 634dbb4a3cc7ed285d5e3c63b81e0b8a 3056 replied to the topic Melbourne median property values up 5%? in the forum General Property https://www.propertyinvesting.com/topic/4384156-melbourne-median-property-values-up-5/#post-4540492 Sat, 04 Feb 2006 14:50:20 +0000 Why don’t you use TLS in your calculation? Or why don’t you use CBA when it was around $35 before it dropped to $24? It is easy to handpick stocks that have done well after they’ve gone up.

]]> c8a88bb385aaec59c41d431d1053eff6 3056 replied to the topic Melbourne median property values up 5%? in the forum No Subject https://www.propertyinvesting.com/topic/4384156-melbourne-median-property-values-up-5/#post-4540491 Sat, 04 Feb 2006 14:43:52 +0000 hb…

Please don’t give me a lesson on shares.
I know all about BHP, CBA and hundreds of other stocks. I’ve followed them for years. But you are right, they have by far outperformed property in the last 3 years. But before that, property did much better than stocks. Thats why you need to be diversified. So next time, read my posts correctly. I…[Read more]

]]> 07ccf1336c28a3ed0dd3e85a79e4d290 3056 replied to the topic Melbourne median property values up 5%? in the forum No Subject https://www.propertyinvesting.com/topic/4384156-melbourne-median-property-values-up-5/#post-4540486 Sat, 04 Feb 2006 12:23:40 +0000 by the way, stock market’s gained about 20% in last year, 20% of $420,000 is $84,000, so your comment:
“if you bought shares in just 1 year you’d be up $162K” is also unfounded.

]]> 0503bb58875891ded74f2a73b10ff1a6 3056 replied to the topic Melbourne median property values up 5%? in the forum No Subject https://www.propertyinvesting.com/topic/4384156-melbourne-median-property-values-up-5/#post-4540485 Sat, 04 Feb 2006 12:12:35 +0000 hb..I believe in diversification of assets. I am fully aware of the performance of the stock market since 2003, I already have a share portfolio, although I wish it had been bigger. However, this is a PROPERTY forum. When I want to chat shares, I go to the Comsec chat room.
Anyway, let me explain why I said what I said. I have 3 IPs, 2 I own…[Read more]

]]> 697f62f23048c0552a6fdd13c11779dd 3056 replied to the topic Melbourne median property values up 5%? in the forum General Property https://www.propertyinvesting.com/topic/4384156-melbourne-median-property-values-up-5/#post-4540483 Sat, 04 Feb 2006 08:04:57 +0000 Just read the paper and Melb has supposedly had a 5.6% increase in the median price of property for the December quarter. Suburbs where I have my IPs have supposedly outperformed this with around 7% increases. I was rather sceptical of the figures, but when I consider that the owner of the 2 new townhouses built next door to my townhouse in…[Read more]

]]> a986b7c52848908a8d9b170c89ae722e 3056 replied to the topic solicitor vs conveyancing services in the forum No Subject https://www.propertyinvesting.com/topic/4384151-solicitor-vs-conveyancing-services/#post-4540468 Fri, 03 Feb 2006 12:24:58 +0000 Is that $6500 or $650?!? Either one sounds absurd to me. My last IP cost $420,000 (not that the property value should have any bearing on conveyancing cost) and I paid my conveyancer about $300 from memory. I’ve never used a solicitor for buying or selling property. Never had a problem. My agent has put together my section 32s and my conveyancer…[Read more]

]]> 4b4c38958c6cf2bc97f00b3e9a07fae8 3056 replied to the topic Prospects for Brunswick & Coburg (Melbourne) in the forum No Subject https://www.propertyinvesting.com/topic/4384046-prospects-for-brunswick-coburg-melbourne/#post-4539958 Thu, 02 Feb 2006 03:31:26 +0000 Thanks again AP

]]> eaa80c9031bc424e5d0cd3f3168a7aa3 3056 replied to the topic Prospects for Brunswick & Coburg (Melbourne) in the forum General Property https://www.propertyinvesting.com/topic/4384046-prospects-for-brunswick-coburg-melbourne/#post-4539954 Mon, 30 Jan 2006 07:55:39 +0000 Thank you very much Alistair.

]]> e000b8db67cda0b5e08ddf763295e623 3056 replied to the topic Depreciation & Negative Gearing in the forum General Property https://www.propertyinvesting.com/topic/4384028-depreciation-negative-gearing/#post-4539882 Fri, 27 Jan 2006 04:56:05 +0000 Thanks for clearing that up shake.

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