PropertyInvesting.com | andrewkimber2 | Activity https://www.propertyinvesting.com/members/andrewkimber2/activity/ Activity feed for andrewkimber2. Mon, 13 Apr 2026 15:22:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 46b931428af8f7eb22b24b755379b449 andrewkimber2 replied to the topic Investing in Tasmania - Where should I look? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384091-investing-in-tasmania-where-should-i-look/#post-4540163 Tue, 31 Jan 2006 23:46:46 +0000 thanks for your help – i will get in touch with pmdirect.

]]> 3ec98c8221e743d3139fb64529c85ebe andrewkimber2 replied to the topic Neil Jenman in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366487-neil-jenman/#post-4419721 Mon, 21 Jul 2003 08:11:03 +0000 Jenman’s success in real estate has come from honing in on people’s greatest fear – being ripped off. He has used this as a strong marketing tool, but having worked in the industry for many years, his principals are based on common sense – principals that all agents should abide by. What sets him apart from other agents? Well, he just talks more…[Read more]

]]> 576716d636079ef6253739f93e2ab582 andrewkimber2 replied to the topic Creating a Company in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365666-creating-a-company/#post-4415332 Thu, 15 May 2003 23:13:21 +0000 Can someone explain to me how the 50% discount on CGT applies to individuals. Why is there a discount?

I suppose I should already know this! [:I]

Thanks, Andrew.

]]> 96dd3fc4d27b0f8f6528a396999c168a andrewkimber2 replied to the topic regional nsw in the forum No Subject https://www.propertyinvesting.com/topic/4365754-regional-nsw/#post-4415736 Thu, 15 May 2003 23:04:06 +0000 Hi Banner,

Living in Country NSW I can tell you that there are great opportunities out there. I would think you will need to focus on certain areas and go from there (whether it be Lismore area, Wagga area etc etc). The most important thing though is to research the areas well. Having lived in Wagga for 2 years and now Albury, I can tell you…[Read more]

]]> b94e09bdb1f94d491b4e7a0137f38513 andrewkimber2 replied to the topic Diploma in Real Estate... anyone here done it? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365744-diploma-in-real-estate-anyone-here-done-it/#post-4415650 Thu, 15 May 2003 04:03:45 +0000 Thanks for your replies.

My motivation to do the diploma is really to get my real estate licence. I started working in real estate in 2000, and whilst I’m not working in the industry currently, I can see opportunities ahead which will be of most benefit if I have my licence.

I have done the “Statement of Attainment” or “Agents Rep” (last year)…[Read more]

]]> 4c0d1873861a6d388283006de0afd91c andrewkimber2 replied to the topic Buliding Cost in the forum No Subject https://www.propertyinvesting.com/topic/4365741-buliding-cost/#post-4415632 Wed, 14 May 2003 23:15:12 +0000 Hi Sooshie,

Does your brother-in-law wish he never demolish the old house?? A block of land recently sold in my street after the oringal owners bought the property to build a new house on. They demolished the old house, then got quotes to build, soon realised they couldnt afford it, and the block lay untouched for years!

Have a great day.

Andrew.

]]> 0ef727693b5bb171b7a34e6791f4c146 andrewkimber2 replied to the topic Diploma in Real Estate... anyone here done it? in the forum No Subject https://www.propertyinvesting.com/topic/4365744-diploma-in-real-estate-anyone-here-done-it/#post-4415646 Wed, 14 May 2003 23:01:28 +0000 Hi Pete,

You’re doing the Agent’s Rep certificate (4 modules), right? I have already done my agent’s rep in NSW, and wanting to go on to get the full diploma (which entitles you to become a licensee). If you find at any time you get stuck doing your agent’s rep course let me know, I’ll be happy to help you.

Thanks,
Andrew.

]]> 923d486c3fc8bc94aa1d270122acc534 andrewkimber2 replied to the topic My first post and a question. in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365742-my-first-post-and-a-question/#post-4415635 Wed, 14 May 2003 07:09:00 +0000 Political motivation aside, wouldnt it be a question of whether the transaction is going to benefit you in the long run, rather than saving 1% on stamp duty?!

I dont like paying stamp duty any more than the next person, but its an “evil” i can do nothing about! Only other choice is to not invest, but think of what you could be missing out on!

]]> 0f125a608be2f163126cd50b5dfb02d8 andrewkimber2 replied to the topic Buliding Cost in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365741-buliding-cost/#post-4415630 Wed, 14 May 2003 07:01:43 +0000 Hi Nessie,

I may be a little out of the loop – being in Albury – but I’d be pretty confident in saying that that price is damn high. Mind you, there are a lot of variables when looking at quotes – ie excavation required, additional structural needs etc etc.

Still, I’d be doing more shopping around if I were you.

Good luck!

]]> 47762efca39d982e286884cd6c6c1d20 andrewkimber2 replied to the topic Buliding Cost in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365741-buliding-cost/#post-4415628 Wed, 14 May 2003 03:39:00 +0000 The figures quoted in the article are indicative of the huge rise in building costs in recent times. Whilst I dont agree with the figures, the principal of whats happening is completely true.
I’m in the process of getting quotes to build a 4 br house and its amazing the different prices being thrown around.

I’m finding that if you go to the…[Read more]

]]> c8128a530fd4a4cd537bef2b22ebdf82 andrewkimber2 replied to the topic Avoiding CGT on new homes in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365723-avoiding-cgt-on-new-homes/#post-4415554 Mon, 12 May 2003 04:38:07 +0000 Hi “APIM”,

Thanks for that.

I was aware that theres a risk when ‘trading’ PPOR’s regularly – ie. buy, renovate and sell in a short period of time I would open myself up to possibility of being investigated but for some reason I had in my head that I needed to have the house for a minimum of 12 months regardless (to avoid CGT).

I’m pleased to…[Read more]

]]> fca5e588e0c0b21cf717448031ff63ca andrewkimber2 replied to the topic low price house with pool in the forum No Subject https://www.propertyinvesting.com/topic/4365717-low-price-house-with-pool/#post-4415536 Mon, 12 May 2003 02:16:26 +0000 Hi fullout,

Buying an investment property with a pool can become a bit of a nightmare.

From experience (I used to be a property manager), tenants get excited when they see a sparkling pool and have visions of pool parties all summer long etc etc etc. It becomes a totally different story when they realise the work that goes into looking after the…[Read more]

]]> e9f670d885b083ad5f5a6c0d1a3e3015 andrewkimber2 replied to the topic When building a new investment property... in the forum No Subject https://www.propertyinvesting.com/topic/4365687-when-building-a-new-investment-property/#post-4415404 Thu, 08 May 2003 22:43:59 +0000 Thanks for that info Michael & trueblue. I’m pleased to learn that I can deduct the tax – it makes the project far more feasible.[:)]

As mentioned in my other post, getting an acceptable price to build is going to be the biggest challenge I feel! In case you’re confused, I’ve bought 2 blocks in the estate. One will be built on as our primary house,…[Read more]

]]> c277477b6c869073962bebf0291f8219 andrewkimber2 replied to the topic Anyone noticed building costs are now out of hand? in the forum No Subject https://www.propertyinvesting.com/topic/4365696-anyone-noticed-building-costs-are-now-out-of-hand/#post-4415423 Thu, 08 May 2003 22:40:55 +0000 Hi Michael,

Thank you for your response.

In answer to your questions:

“It’s in Albury? Level site? Good access? Size of block? Does the garage have to be attached to the house?”

Yes the block is in Albury. The land is very flat with great access and the block size is around the 750m2 (can’t remember exactly – havent got the plan in front of…[Read more]

]]> 923b1cb4a99c31a9fc078d26ea4200e6 andrewkimber2 replied to the topic Investment coach/mentor wanted in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365664-investment-coachmentor-wanted/#post-4415322 Wed, 07 May 2003 06:53:52 +0000 Thank you Soma & Chandra for your positive feedback, I appreciate it! [:)]

]]> 1c708eaff007605887478d5330a5cdf1 andrewkimber2 replied to the topic Is $2195 too much? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365538-is-2195-too-much/#post-4414812 Mon, 14 Apr 2003 07:23:53 +0000 Hi everyone,
Seems to me that some people invest more effort into proving something wrong, than embracing the concept and making it work for them.
Sounds like self-induced failure before you even begin!
A.

]]> 1866f0170610e2a58ae3189a4bbd438a andrewkimber2 replied to the topic What do you think of this? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365487-what-do-you-think-of-this/#post-4414496 Thu, 03 Apr 2003 00:01:57 +0000 Hi Sooshie,
I saw the Today Tonight interview last night as well. Its possible for them to “hand back” money to the borrowers because its not just the initial referral commission that the brokers get paid, its also the ‘trail’ money they get for the life of the loan. Some institutions pay a small (very small) percentage of the interest paid on the…[Read more]

]]> dd7291d21f4271e9e23e821a9ac4de67 andrewkimber2 replied to the topic Deciding on Types of Property to Purchase in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365441-deciding-on-types-of-property-to-purchase/#post-4414232 Wed, 26 Mar 2003 00:02:45 +0000 Hi Tom,
Theres a big difference in people’s definition of rural towns. Would you classify Albury-Wodonga, or Wagga Wagga a township? They are in fact cities offering great investment opportunities. Other rural cities in Victoria that I would look into are Wangaratta, Shepparton, Ballarat etc. My advice would be to steer well clear of ‘townships’…[Read more]

]]> 792766862f4904931777a7cd7b328771 andrewkimber2 replied to the topic Building and pest inspections? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365410-building-and-pest-inspections/#post-4414084 Mon, 17 Mar 2003 07:01:22 +0000 Termites are a bit of a sore spot with me at the moment because I am currently rendering my house, and uncovered (last week) an area that has been eaten away by white ants. Luckily the ants are no longer active, which means the pest inspection I had done when I bought the house 6 months ago was in fact correct! There were a few tense days where I…[Read more]

]]> 14b6d4fab95a6811ed8d6d83dd527542 andrewkimber2 replied to the topic Real Estate Diploma/License in the forum No Subject https://www.propertyinvesting.com/topic/4365388-real-estate-diplomalicense/#post-4413973 Sat, 15 Mar 2003 05:11:56 +0000 Hi Steve,
My goal for doing the diploma is to ‘open up’ my options re a career in real estate. I’ve worked in r/e for approx 3 yrs. Currently I am working in IT, and am enjoying the break from the usual carry-on of a property management position.
Essentially, having a licence will broaded my options, but I dont have any immediate plans of going…[Read more]

]]> 9b4a146325b060ccf57a779db6a8e227 andrewkimber2 replied to the topic renting to animals in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365379-renting-to-animals/#post-4413918 Fri, 14 Mar 2003 00:13:15 +0000 Hi Glenda,
Great attitude i know, and I bet he wasn’t offering the services of his agency to manage the property for you?? I was once a property manager and believe me, no reputable agency would even consider taking on management of a property with the risk of renting to “animals”. One bad tenant creates more work than 50 good managements! I…[Read more]

]]> 88602f4303f84e85cf27e4394a14718e andrewkimber2 replied to the topic Minimal Cash Up Front in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365369-minimal-cash-up-front/#post-4413887 Thu, 13 Mar 2003 23:44:52 +0000 Yes it is logical that you would choose to be an owner-occupier as opposed to a renter, however it doesnt necessarily work that way in some rural cities. Wagga in particular has a very transient population due to the universities, defence bases etc. Albury also for the same reasons, plus there are big companies up here (eg Uncle Ben’s, Visyboard)…[Read more]

]]> fbcf4b6e800c3669f5646e66a9f775b8 andrewkimber2 replied to the topic Minimal Cash Up Front in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365369-minimal-cash-up-front/#post-4413884 Thu, 13 Mar 2003 03:29:24 +0000 Hi dafeldz,
When choosing an area to invest in, dont forget the ‘rural cities’. I am currently living in Albury (and lived in Wagga for a couple of years). Cities like these dont have the same capital gains that you would achieve in Sydney or Melbourne, but offer great rental returns. A centrally located unit purchased for $75k can return around…[Read more]

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