PropertyInvesting.com | AndyW | Activity https://www.propertyinvesting.com/members/andyw/activity/ Activity feed for AndyW. Sat, 11 Apr 2026 13:52:47 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e0d988de44a94c74668fc91524f48e0b AndyW replied to the topic Help on city apartment! in the forum Help Needed! https://www.propertyinvesting.com/topic/4376692-help-on-city-apartment/#post-4494093 Sun, 31 Oct 2004 09:27:23 +0000 20 sqm is possible… my first place is 30m². Studio apartment, $165k, currently renting at $185 pw, furnished. There is another studio in the same building currently up for rent, asking $240pw (although it’s probably renovated, and has a car space). This is in Artarmon, (lower north shore, NSW).

Purchase price sounds about right, rental s…[Read more]

]]> 83f2f30d6246ed7c809d6958744b6c78 AndyW replied to the topic Deals of late. in the forum Help Needed! https://www.propertyinvesting.com/topic/4376673-deals-of-late/#post-4493995 Thu, 28 Oct 2004 22:44:47 +0000 Originally posted by eezy:
Hi Bizibee,

Yes you are correct, my IP, with the figures i gave isn’t quite cf+, but because it is my first IP i had to have a 20% deposit. So with the small rejuv i will give it the figures will be loan of 104K receiving $250 per week rent. It works out (minus costs) to be cf+ by a small $10 a week, not much but i…[Read more]

]]> bfc7fd9563cc89810f17bda55e835c1f AndyW replied to the topic Deals of late. in the forum Help Needed! https://www.propertyinvesting.com/topic/4376673-deals-of-late/#post-4493981 Tue, 26 Oct 2004 21:36:44 +0000 Bought my first property, settlement is next week. Artarmon (Lower North Shore, NSW), studio apartment, pool, gym, sauna, tennis court, spa. Cost 165k. Currently tenanted at 185/week. Will move in in a little under a year. Plan then would be to rejuvenate a bit cosmetically, then rent it out – should go for about 200 a week or maybe slightly more…[Read more]

]]> 4ab0f17335dd92a2dd4fafba1c93d8db AndyW replied to the topic where do i start? how do i start? in the forum Help Needed! https://www.propertyinvesting.com/topic/4376592-where-do-i-start-how-do-i-start/#post-4493606 Fri, 22 Oct 2004 22:49:09 +0000 Originally posted by aumeow:
can anyone show me something nice around sydney…. within 3 hours from sydney coz i really want to get motivated…(well at least know that it is possible to find a deal)

andy you said you find one in auburn for 90K??

thats CHEAP !!!

-aumeow

Yeah, you just need to do your homework! Like I said, I haven’t seen…[Read more]

]]> 06a3d1841735419d9ee9e2e2a7222e48 AndyW replied to the topic where do i start? how do i start? in the forum Help Needed! https://www.propertyinvesting.com/topic/4376592-where-do-i-start-how-do-i-start/#post-4493604 Fri, 22 Oct 2004 04:51:37 +0000 Hi aumeow,

I’m just starting in Sydney.

Very difficult to find cashflow positive in Sydney. My current place was 165k (studio apartment) and currently renting for 185/week. This is good for Sydney market, although obviously it’s quite cash negative.

I did some digging and discovered a studio apartment for 90k in Auburn, similar units rent for…[Read more]

]]> 14b250ddc5239fe63e01813f4ab7b6a9 AndyW replied to the topic Sorting possible IPs - how to? in the forum No Subject https://www.propertyinvesting.com/topic/4376606-sorting-possible-ips-how-to/#post-4493697 Fri, 22 Oct 2004 04:35:23 +0000 Originally posted by darls_666:
Sorry another topic from me…

I am just trying to see if I am on right track with potential IPs in WA… No plans to buy at this stage – still doing research (heck I only started last nite!).

IP #1. – Wembley – One bedroom Unit “Investors bargain, etc” – Asking price – $115,000. Currently rented out at $110…[Read more]

]]> c60f8081095fb5048afca079543b62b8 AndyW replied to the topic Negative feedback from family & friends?!?!?! in the forum General Property https://www.propertyinvesting.com/topic/4376519-negative-feedback-from-family-friends/#post-4493206 Sun, 17 Oct 2004 06:31:51 +0000 Mr Allistair Graheme,

There are two kinds of doomsayers; rational ones who want the best for you and don’t want to see you get burnt (and will say things like “is it a good price”, “do you really think it’s a good buy” etc, and will eventually come up with “as long as you’ve done your research…) and ones who either don’t want you to succeed,…[Read more]

]]> e0052993f8169626036792997534deca AndyW replied to the topic Does an overseas IP affect FHOG eligibility? in the forum Help Needed! https://www.propertyinvesting.com/topic/4376518-does-an-overseas-ip-affect-fhog-eligibility/#post-4493175 Sat, 16 Oct 2004 23:23:43 +0000 Originally posted by Pelicaninvestments:
This is more an issue of ethics/morals….

If you don’t tell they won’t know……

BUT – Will that sit OK with you ???

To be frank it sounds like you don’t really need it, if you can afford to buy an IP in NZ….. but…. it’s your call…..

Cheers

You may know the cost of everything…. but what…[Read more]

]]> 2023b5552674ac6f30724cd792e43383 AndyW replied to the topic Does an overseas IP affect FHOG eligibility? in the forum Help Needed! https://www.propertyinvesting.com/topic/4376518-does-an-overseas-ip-affect-fhog-eligibility/#post-4493173 Sat, 16 Oct 2004 09:44:13 +0000 G’day.

Sorry, I’m new here, if I’m breaching any protocols please slap me on the wrists.

http://www.osr.nsw.gov.au/portal/page?_pageid=33,63391&_dad=portal&_schema=OSRPTLT

That’s a link to the OSR website. It only mentions properties bought in Australia, so you should be OK, I would have thought.

Cheers

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