PropertyInvesting.com | ASB | Activity https://www.propertyinvesting.com/members/asb/activity/ Activity feed for ASB. Mon, 13 Apr 2026 09:37:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9e9958204264b84d5a86ba7d80098f73 ASB replied to the topic Dual Limited Recourse Loans. in the forum Help Needed! https://www.propertyinvesting.com/topic/5012952-dual-limited-recourse-loans/#post-5013048 Wed, 09 Sep 2015 23:01:07 +0000 Can you take out a Limited Recourse Mortgage on a existing property in the superfund that is fully or almost fully owned to get the deposit for the next, ie using the equity to move forward ie one property is valued at $185,000 and I want to purchase a second of the same value so I use 30% equity in one via a LRL to make a deposit on the second…[Read more]

]]> 5c29bc37ab4fe4f740c911e9ff4c9834 ASB started the topic Dual Limited Recourse Loans. in the forum Help Needed! https://www.propertyinvesting.com/topic/5012952-dual-limited-recourse-loans/ Tue, 08 Sep 2015 04:00:28 +0000 OK looking at the next property and had a brilliant idea but can I do it.

My current LRL was set up borrowing from my redraw, worked perfectly, I now want to buy the next property as I am almost finished paying of the second one. So can I set up the redraw LRC to pay the 30% deposit on a property and borrow the 70% from a bank. Doing this I can…[Read more]

]]> 4df30abb456056a5e3e65e78f1c610f8 ASB replied to the topic Is it ok to buy in rural areas in the forum General Property https://www.propertyinvesting.com/topic/4404896-is-it-ok-to-buy-in-rural-areas/#post-4656978 Sun, 09 Oct 2011 11:26:56 +0000 The regional cities rather than towns make more sence, I just bought two properties in Wagga and they rent at a higher rate than in the towns near by due to higher demand.  Many country towns have a high number of properties on the market and this tends to push down rental returns.  Its like anything get to know your market.  Wagga for example ha…[Read more]

]]> afa8f11a101d5b915f1a6d737ee350b0 ASB replied to the topic My steal of the week. $20,000 cairns unit which vendor paid $113,000 for rent $160pw. in the forum Help Needed! https://www.propertyinvesting.com/topic/4404763-my-steal-of-the-week-20000-cairns-unit-which-vendor-paid-113000-for-rent-160pw/#post-4656127 Thu, 29 Sep 2011 11:47:19 +0000 Holiday Accom is a very difficult market, there are some great opportunities, I owned three of them however you need to look at booking fee of about 20%, change over and cleaning fee and you Body Corp fee and in many cases a management charge.In a recent no reserve Auction for a developer at a well known ski resort, there were many so called…[Read more]

]]> 54d2e7ede0c4df0e47cd42bb185e89a8 ASB replied to the topic Stamp duty question in the forum General Property https://www.propertyinvesting.com/topic/4404814-stamp-duty-question-3/#post-4656421 Thu, 29 Sep 2011 11:24:19 +0000 Thanks, in that case yes, in this case no to seperate unrelated owners and two different selling agents. 

]]> 20850db2170875e2f02fdb807780c894 ASB replied to the topic SMSF Purchasing from a Member in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4402004-smsf-purchasing-from-a-member/#post-4636986 Mon, 29 Nov 2010 01:37:13 +0000 Hey Scott wanna nice FC Apartment going cheap :-)

]]> 99a5fd5928a0074d15acae5ba43ab3d3 ASB replied to the topic SMSF Purchasing from a Member in the forum Thanks Scott and Evolve, the https://www.propertyinvesting.com/topic/4402004-smsf-purchasing-from-a-member/#post-4636985 Mon, 29 Nov 2010 00:32:56 +0000 Thanks Scott and Evolve, the apartment does have a management agreement where one company has the rights to take booking and provide cleaning and change over.  All bookings and payments need to go through this company.  We could stay there if we wanted but on leaving the management company charges us a change over.  We can not allow friends to st…[Read more]

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