PropertyInvesting.com | AB | Activity https://www.propertyinvesting.com/members/ameetvbhat/activity/ Activity feed for AB. Tue, 14 Apr 2026 16:05:45 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9b27c18c00655fff2961edd7674a5ce1 AB changed their profile picture https://www.propertyinvesting.com/activity/p/342987/ Thu, 26 May 2016 05:32:34 +0000 779a9a4187e67e7bd88438d47831aa96 AB replied to the topic When I sell my IP, do I need to pay off negative gearing i claim from tax return in the forum Help Needed! https://www.propertyinvesting.com/topic/5025986-when-i-sell-my-ip-do-i-need-to-pay-off-negative-gearing-i-claim-from-tax-return/#post-5026135 Mon, 23 May 2016 22:31:08 +0000 Very well explained Ben..thanks for the example as well. Makes a lot more sense to me(and a lot like me I am sure) now. Any good accountants with a property focus in Melbourne or nearby that anyone could recommend?

]]> 13eb0d03fb6a41e366f9db0397f8f019 AB replied to the topic Renting vs buying home in the forum Help Needed! https://www.propertyinvesting.com/topic/5025961-renting-vs-buying-home/#post-5025977 Thu, 19 May 2016 22:24:50 +0000 Hi Raftim,
Personally I don’t think there is a right or wrong answer to this question. Well thought out and depending on your circumstances, either option could be financially viable.
Good Luck,
AB

]]> e87836ccf32651182a2626fae2a2efbe AB replied to the topic Townhouse Development in Bentleigh East in the forum Value Adding https://www.propertyinvesting.com/topic/5025769-townhouse-development-in-bentleigh-east/#post-5025787 Fri, 13 May 2016 01:50:51 +0000 Hi Hair,
This should give you a rough idea. Good luck
https://www.propertyinvesting.com/topic/4406018-townhouse-construction-costs-in-melbourne/
Regards,
AB

]]> d78df3194e4ec1611da9c0191a538444 AB replied to the topic Advice on acting as Gaurantor in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5025305-advice-on-acting-as-gaurantor/#post-5025365 Tue, 03 May 2016 01:11:15 +0000 Many thanks Terry,
I will investigate the options further.

]]> 51c80bfa9dcd2977da9d08a846e18f50 AB replied to the topic Advice on acting as Gaurantor in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5025305-advice-on-acting-as-gaurantor/#post-5025362 Tue, 03 May 2016 00:56:48 +0000 Just and update,
I had a quick conversation with the bank. My wife was asked to act as a guarantor – general position because the bank needed to use her income to service the loan.

They have clarified as below :
When an applicant applies for a home loan the bank takes only the applicant’s income in this case mine, however the full liabilities a…[Read more]

]]> 23a4dfd11794ed2366aa92cb90eb6aaf AB replied to the topic Advice on acting as Gaurantor in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5025305-advice-on-acting-as-gaurantor/#post-5025356 Tue, 03 May 2016 00:02:31 +0000 Thanks Terry,
As to why they are asking for a guarantor – I am a bit confused myself.
Both me and my friend have good serviceability and borrowing capacity as far as I know. The only thing I see that could have raised some red flags from the banks end is that my friend does not have any history with the said bank who is lending- whilst me and…[Read more]

]]> fdf51edfcb6c0507055d4af4496c8e98 AB replied to the topic Advice on acting as Gaurantor in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5025305-advice-on-acting-as-gaurantor/#post-5025352 Mon, 02 May 2016 22:15:02 +0000 Thank you Benny and DT for your comments.
Benny – you are right I will need advice from a expert MB.
DT – this paints a gloomy picture for all partnerships, particularly ones with situations that need a guarantor (as in my case) , but I guess that is the reality of it. Is setting up a trust a better way of handling it?

]]> b1a7bcb479d9e3d231be18319f7caa83 AB replied to the topic Advice on acting as Gaurantor in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5025305-advice-on-acting-as-gaurantor/#post-5025314 Mon, 02 May 2016 04:07:33 +0000 Thanks DT,
Would that also mean that if there is equity in the loan , or if the IP becomes CF+ she gets looked at favorably during assessment?

]]> b1a7bcb479d9e3d231be18319f7caa83 AB replied to the topic Advice on acting as Gaurantor in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5025305-advice-on-acting-as-gaurantor/#post-5025314 Mon, 02 May 2016 04:07:33 +0000 Thanks DT,
Would that also mean that if there is equity in the loan , or if the IP becomes CF+ she gets looked at favorably during assessment?

]]> bf24015c2ce4c7d95f2bc5c858f625a7 AB started the topic Advice on acting as Gaurantor in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5025305-advice-on-acting-as-gaurantor/ Mon, 02 May 2016 00:09:37 +0000 Hello all,
Firstly apologies if the answers that I am seeking for have already been answered in the forum before.

I am in the process of buying land to build and use the property as IP. This would be jointly(both loan & title) shared with a friend of mine with whom I would be buying another apartment as an IP shortly as well.

Situation here is…[Read more]

]]> 4db795a929869aec00b020d0f3201d15 AB replied to the topic partial demolition of house on subdividable block in the forum Help Needed! https://www.propertyinvesting.com/topic/5020484-partial-demolition-of-house-on-subdividable-block/#post-5020495 Fri, 19 Feb 2016 03:55:25 +0000 Thanks Zopm I just replied to your PM. I am keeping a close eye on this thread…hoping to get some answers :)

]]> 2a03180c0d6b5a0218b945256eb9c620 AB replied to the topic partial demolition of house on subdividable block in the forum Help Needed! https://www.propertyinvesting.com/topic/5020484-partial-demolition-of-house-on-subdividable-block/#post-5020488 Fri, 19 Feb 2016 02:48:14 +0000 Wow exactly what I am planning to do and the question I had in mind @Zopm….Very interested in the responses to follow…my first one as well so unfortunately no hands on experience with it as yet….I have a town-planner involved who’s sort of guiding me with the process…hoping the have the project complete before End of year.

]]> 312e606e4cd5e89266fdabeeef335daf AB replied to the topic OTP - land with Plan ready for sale in the forum Help Needed! https://www.propertyinvesting.com/topic/5020333-otp-land-with-plan-ready-for-sale/#post-5020362 Tue, 16 Feb 2016 21:31:18 +0000 Thanks Corey! Appreciate the response.

]]> d7ba668a69ba20e1964b87e726dac638 AB started the topic OTP - land with Plan ready for sale in the forum Help Needed! https://www.propertyinvesting.com/topic/5020333-otp-land-with-plan-ready-for-sale/ Tue, 16 Feb 2016 05:24:49 +0000 Hi friends,
I have been hearing /going through some discussions on off the plan properties with most suggestions here tipping towards steering away from OTP properties. The main problem being as I understand it is the fact that you would tend to overpay.

I have recently come across an advert that basically has the land advertised with plans…[Read more]

]]> a75dd7d397e322f72317d68f05b1d633 AB replied to the topic Need a new accountant in Sydney in the forum Help Needed! https://www.propertyinvesting.com/topic/5019502-need-a-new-accountant-in-sydney/#post-5019567 Mon, 01 Feb 2016 03:44:33 +0000 Hi Guys,
Any recommendations for an investment focused tax agent/accountant in or around Melbourne?
My current agent who is also a broker doesn’t seem to be investment focused at all. To me he seems to be lacking in a lot of areas including structuring of loans and I was pretty much in the same situation as Bungee – Although we don’t own IPs…[Read more]

]]> 6e8b8e1d8fa62229415b0b992808453e AB replied to the topic Found an excellent block of units to buy current tenants not paying enough rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5019561-found-an-excellent-block-of-units-to-buy-current-tenants-not-paying-enough-rent/#post-5019563 Mon, 01 Feb 2016 03:32:21 +0000 Hi Jobie,
If you are looking to move into one of the units then yes – it would seem that evicting the $130 tenant for you guys to move in would be the best solution given your description. You can then have the agent gradually bring the other units to market price. If the agent is unwilling to do this then I would be looking at other agents in…[Read more]

]]> 76d2a92ef37e376dd25b5e7470a3998b AB replied to the topic Advice on MPI stratergy in the forum Help Needed! https://www.propertyinvesting.com/topic/5019488-advice-on-mpi-stratergy/#post-5019491 Fri, 29 Jan 2016 03:14:53 +0000 Hi Benny,
Apologies.
I was referring to to Mortgage protection insurance.
Just found this link that I was going through after posting the question
http://www.bankrate.com/finance/insurance/do-you-need-mortgage-protection-insurance-1.aspx

I would be very interested to know what people here think of the insurance.

Regards,
Ameet

]]> 3d2d6a79b0cf095bc42fc721534149a0 AB started the topic Advice on MPI stratergy in the forum Help Needed! https://www.propertyinvesting.com/topic/5019488-advice-on-mpi-stratergy/ Fri, 29 Jan 2016 03:03:13 +0000 Hello everyone,
We are a bit confused on weather we really should be going for MPI .My understanding is that it is an option and not a requirement from the bank’s end, would I be right in saying this?
Our bank is pushing this product on the one hand and on the other I believe our super already covers scenarios like Death, Income protection, TPD.…[Read more]

]]> bf3a7ce4e009e8b1d2d3f88d394e8d3c AB replied to the topic Poll: What is your primary investing strategy for 2016? in the forum Opinionated! https://www.propertyinvesting.com/topic/5018811-poll-primary-investing-strategy-2016/#post-5019285 Fri, 22 Jan 2016 03:05:18 +0000 Thanks Benny , I chose buy and hold although I have a sub-division project in the pipeline for a property which is tipped slightly negative right now , I hope to gear them positive once complete. I am new here and so glad to see the wealth information around this site.

]]> 46fc9b244fbe2197b38ef9b56fc17628 AB replied to the topic Advice needed on cross collateralling of IPs in the forum Help Needed! https://www.propertyinvesting.com/topic/5019251-advice-needed-on-cross-collateralling-of-ips-2/#post-5019278 Thu, 21 Jan 2016 23:01:07 +0000 Thanks for the tips…appreciate it.

]]> 0880ec960436b5befdfb90c5fb8c0304 AB replied to the topic Advice needed on cross collateralling of IPs in the forum Help Needed! https://www.propertyinvesting.com/topic/5019251-advice-needed-on-cross-collateralling-of-ips-2/#post-5019255 Thu, 21 Jan 2016 01:31:37 +0000 Thanks for your reply Corey appreciate it. Will see an investment focused broker.

]]> cff56a5a081e900035abefaf2cd388ab AB's profile was updated https://www.propertyinvesting.com/activity/p/334594/ Thu, 21 Jan 2016 00:34:48 +0000 612e26280fcc9809358dbd871021d488 Ameet started the topic Advice needed on cross collateralling of IPs in the forum Help Needed! https://www.propertyinvesting.com/topic/5019250-advice-needed-on-cross-collateralling-of-ips/ Thu, 21 Jan 2016 00:25:23 +0000 Hi ,
I am new a new member so please excuse if I am breaking any rules in seeking advice here or if the question has been previously answered.
I am in a bit of dilemma and need some advice soon . My question relates to structuring of my IP loans. I have them crossed at the moment and was in the process of having them uncrossed. My Tax agent who is…[Read more]

]]> ef70f1928592f57366e944f78c9ddf2a AB became a registered member https://www.propertyinvesting.com/activity/p/334540/ Wed, 20 Jan 2016 04:52:59 +0000