PropertyInvesting.com | Already Taken | Activity https://www.propertyinvesting.com/members/already-taken/activity/ Activity feed for Already Taken. Mon, 13 Apr 2026 19:23:53 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e2383588ea9a9f2d713f5844d0ed6a3c Already Taken started the topic Hold or Sell in the forum Help Needed! https://www.propertyinvesting.com/topic/5028876-hold-or-sell-5/ Tue, 16 Aug 2016 03:37:14 +0000 Hi,

Looking for advice as my wife and I have differing opinions on path forward.

We purchased a 1 bedder in Henley Beach, SA in 2008 for $185k but borrowed $200k for purchase costs etc.

Conservative value today would be $230k.

Rents for $210 per week and last financial year our out of pocket was about $3,500 due mainly to a sinking fund and an…[Read more]

]]> f149d3ad44fd996610d6ec1ec6689e32 Already Taken replied to the topic The Next Step in the forum Help Needed! https://www.propertyinvesting.com/topic/5005749-the-next-step-6/#post-5006822 Sun, 03 May 2015 09:44:26 +0000 Any particular reason you don’t like North Lakes Richard?

]]> 3ea5eb84c9334ed40277f339b21c9a70 Already Taken replied to the topic Pros and Cons of Cross-Collateralization in the forum Help Needed! https://www.propertyinvesting.com/topic/4410890-pros-and-cons-of-cross-collateralization/#post-4700298 Tue, 01 Apr 2014 23:35:40 +0000 There is also an article on this in the latest issue of API magazine.

Very few +ves….

]]> 803d222bb9fe30f238dea49c9d1f895e Already Taken replied to the topic Stormwater Drain in the forum Help Needed! https://www.propertyinvesting.com/topic/4410854-stormwater-drain/#post-4700149 Sun, 23 Mar 2014 01:58:20 +0000 Thanks Benny and Jac.

Ended up using Sydney Water website and they redirect you to one of their agents. Registered on their website, entered property address and had the services plan within 2 minutes for $15.

Much easier than I anticipated which is always a nice surprise!!!

]]> 5328cc250765fb6cc50c3e010c7f3139 Already Taken replied to the topic SMSF in the forum Help Needed! https://www.propertyinvesting.com/topic/4410836-smsf-6/#post-4700055 Tue, 18 Mar 2014 23:40:04 +0000 Thanks for the feedback everyone.

Only 32 so in terms of retirement age I am a long way off but putting steps in place to make sure I can retire well before then!

Currently 1 IP and on the lookout for number 2 so I see the SMSF as an extension of that and completely agree with needing a diverse portfolio for maximum success.

SMSF balance would…[Read more]

]]> be8578886253d9362f42bfd48117da24 Already Taken replied to the topic Options/Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4408368-optionsadvice/#post-4683315 Sun, 06 Jan 2013 02:45:15 +0000 Thanks Shahin,  we only keep the car loan as we get as much in deductions through claiming 80% for work use as we do on IP1 (as much as it pains me to have a car loan…)

Glad I came on the forum because as much research as I thought I had done I had not come across or paid much attention to an equity loan so cheers for that JacM.

Richard,…[Read more]

]]> c09320ffb8a23f601df7617448f058c6 Already Taken replied to the topic Options/Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4408368-optionsadvice/#post-4683314 Sun, 06 Jan 2013 02:45:06 +0000 Thanks Shahin,  we only keep the car loan as we get as much in deductions through claiming 80% for work use as we do on IP1 (as much as it pains me to have a car loan…)

Glad I came on the forum because as much research as I thought I had done I had not come across or paid much attention to an equity loan so cheers for that JacM.

Richard,…[Read more]

]]> 9b87142d99f834bddb6b81e8b38819bb Already Taken replied to the topic Options/Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4408368-optionsadvice/#post-4683308 Fri, 04 Jan 2013 20:47:43 +0000 Thanks for the feedback so far.

PLC, I agree.

Jamie M, also agree but I guess the question was more centered around the amount I will be able to borrow with or without IP1 and whether or not I may be better off with 500k to spend on IP2 then 250k if I keep IP1. (speculative figures only).

JacM, will definitely have a look a bit further into…[Read more]

]]> 51df02a3cc277f25eeab896be8ba57c8 Already Taken replied to the topic Options/Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4408368-optionsadvice/#post-4683303 Fri, 04 Jan 2013 03:23:47 +0000 Hi JacM,

The original loan on PPOR is $590k so not sure there is any need to refinance in order to unlock the equity?

As for IP1 when I said that it had been good to us as a first investment I was referring to the fact that it had been pretty much set and forget with only 1 week untenanted in the last 3 years and the property manager has been a…[Read more]

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