PropertyInvesting.com | andysspott | Activity https://www.propertyinvesting.com/members/andysspott/activity/ Activity feed for andysspott. Sun, 12 Apr 2026 01:05:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c434be84bc247a21b038f331d3ac0b66 andysspott replied to the topic First timer in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367786-first-timer-3/#post-4428028 Fri, 12 Sep 2003 10:20:01 +0000 Hi,
Well your off to a good start, you have definately done your due deligence with your soon to be tenants lol. Now you have to decide what strategy you want to implement, and what type of house you want to provide to your in laws. The best way is to see what they are looking for and can afford, at the same time generating a positive cashflow on…[Read more]

]]> d07c5ce7fe56fd913d9945e8436275e1 andysspott replied to the topic 100% $ from banks?? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367783-100-from-banks/#post-4428015 Fri, 12 Sep 2003 09:55:54 +0000 Hi Kittee,
I think Mel did an excellent job explaining the actions that need to be taken. Remember it is a refinancing or redrawing of your existing loan. It works well provided you use the funds for investment purposes.

all the best!

Andrew

]]> 419e0aefc548750e42bcd5d593d2d202 andysspott replied to the topic 100% $ from banks?? in the forum No Subject https://www.propertyinvesting.com/topic/4367783-100-from-banks/#post-4428011 Fri, 12 Sep 2003 09:31:04 +0000 Hi Kittee,
Is the IP you bought positive geared? If it is I can suggest you access those funds to buy you more property. The key is to access as much return on your cash outlay, so you can re-invest into more property. The suggested positive return is 25%. This is the CoCR which has to be looked at closely when assessing the risks involved.

best…[Read more]

]]> 559863e255e3ae4114b8cc0c69bc96fa andysspott 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/#post-4427985 Fri, 12 Sep 2003 09:18:54 +0000 Hi all,
To summarise, -ve gearing is a long term strategy. It suits people who are content to keep working and wait on growth rates. It all comes back to what the investor wants and when they want it. I personally believe in Steve’s view that for an investment srategy to be successful it must be able to replicate in order to be effective.

Andrew

]]> 90cb243e9c73d86a3ac817bd3cdd0d5c andysspott replied to the topic THE WRAP PACK in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367729-the-wrap-pack-3/#post-4427653 Thu, 11 Sep 2003 09:42:25 +0000 Hi
Ive read the outlining of his wrap pack and its very detailed. Like Steve he offers his assistance as well for 12 months. Its great info to have, and you can expect his seminar to be that and more.
all the best

Andrew

]]> 9adacb6adec39e1e3498549f129ec668 andysspott replied to the topic Melbourne meeting in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367089-melbourne-meeting-5/#post-4423421 Sun, 24 Aug 2003 12:20:34 +0000 Hi Felicity,
just seeing if i can pick your brain again on your wrapping strategy when you have some time.

thanks
Andrew
andrewsinvestco@hotmail.com

]]> 6f38885930d1aa468e564afdcc061954 andysspott replied to the topic who is/is not buying at the moment in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367045-who-isis-not-buying-at-the-moment/#post-4423044 Tue, 19 Aug 2003 06:38:56 +0000 Hi Richmond,
i want to buy immediatly. It will be my first and i believe the right strategy for the right IP will make money.

]]> 8be64f2be9a0c63de665e4cd4cb7f4e7 andysspott replied to the topic Arghhh...is this 11 sec rule for real! in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366828-arghhh-is-this-11-sec-rule-for-real-2/#post-4421779 Sun, 10 Aug 2003 01:41:52 +0000 hi magnum
Found any in country regional victoria. pay spotter fee if u can

andysspott

quote:
Hi Spanner

Don’t despair, I have located an area within QLD where the 11 sec rule can be applied…..Chin up and keep looking these places do exist.

Magnum [:D]

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