PropertyInvesting.com | aussiejim | Activity https://www.propertyinvesting.com/members/aussiejim/activity/ Activity feed for aussiejim. Sun, 12 Apr 2026 05:06:39 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 bb63ba6eb3b12a8400b422a808102b7f aussiejim replied to the topic Looking For Mentor in Brisbane/Gold Coast/Toowoomba Area in the forum Commercial Property https://www.propertyinvesting.com/topic/4403094-looking-for-mentor-in-brisbanegold-coasttoowoomba-area/#post-4643830 Fri, 25 Mar 2011 08:47:37 +0000 Does anybody know where best to find a RE Mentor in the Toowoomba/Brisbane/Gold Coast area?

]]> 4dece865136001077bd4abfde47869c4 aussiejim replied to the topic Looking For Mentor in Brisbane/Gold Coast/Toowoomba Area in the forum Commercial Property https://www.propertyinvesting.com/topic/4403094-looking-for-mentor-in-brisbanegold-coasttoowoomba-area/#post-4643829 Tue, 22 Mar 2011 10:20:44 +0000 Anyone interested from SE QLD?

]]> c8a948016274cdb654fa8a40f32f2699 aussiejim replied to the topic Gold Coast Area in the forum Commercial Property https://www.propertyinvesting.com/topic/4400864-gold-coast-area-2/#post-4629831 Fri, 26 Nov 2010 22:14:30 +0000 IRT = 'In regards to'. No biggy.

]]> c2e911355c2e14144d262be0b849fcb9 aussiejim replied to the topic Could you please recommend a great surveyor who has experience dealing with Blacktown Council? in the forum Value Adding https://www.propertyinvesting.com/topic/4400827-could-you-please-recommend-a-great-surveyor-who-has-experience-dealing-with-blacktown-council/#post-4629575 Sat, 14 Aug 2010 14:31:33 +0000 Quotes? Do you need this to complete the feasibility, get an idea if the deal is a goer or actually go solid on numbers?? If it is to roughly to analyse a deal ask for an estimate, an experienced one will give you a workable range. This should give you a start point, they would have completed work recently in the area if they are local and the…[Read more]

]]> 87ea2e67a8d30a291d1c1d6dead80ca0 aussiejim replied to the topic Wire rendered house in the forum Help Needed! https://www.propertyinvesting.com/topic/4400723-wire-rendered-house/#post-4629082 Sat, 14 Aug 2010 14:15:48 +0000 Ask to send a builder through, ask the agent who built the property or if the owners renovated. If they say 'I do not know' motivate the agent by asking them if they could find out because you could move onto purchasing the property much quicker if they did. What you are looking for is the name of the builder or the renderer that completed the…[Read more]

]]> 7f768fa02c86dd08ca57af5255e4c912 aussiejim replied to the topic Wire rendered house in the forum Ask to send a builder https://www.propertyinvesting.com/topic/4400723-wire-rendered-house/#post-4629082 Sat, 14 Aug 2010 14:15:48 +0000 Ask to send a builder through, ask the agent who built the property or if the owners renovated. If they say 'I do not know' motivate the agent by asking them if they could find out because you could move onto purchasing the property much quicker if they did. What you are looking for is the name of the builder or the renderer that completed the…[Read more]

]]> 7eafbd67e91258778150b81e2407a310 aussiejim replied to the topic Wire rendered house in the forum Help Needed! https://www.propertyinvesting.com/topic/4400723-wire-rendered-house/#post-4629082 Sat, 14 Aug 2010 14:15:48 +0000 Ask to send a builder through, ask the agent who built the property or if the owners renovated. If they say 'I do not know' motivate the agent by asking them if they could find out because you could move onto purchasing the property much quicker if they did. What you are looking for is the name of the builder or the renderer that completed the…[Read more]

]]> 47168e44fa9053c17d3e53b1addf7b32 aussiejim replied to the topic How can I find a US + Aust qualified accountant to guide me through this tax & legal nightmare for US properties already bought? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400867-how-can-i-find-a-us-aust-qualified-accountant-to-guide-me-through-this-tax-legal-nightmare-for-us-properties-already-bought/#post-4629836 Sat, 14 Aug 2010 14:02:54 +0000 You need two accountants. Find a good Australian accountant that understands the Australian rules. Find a good Delaware accountant, not just American because they are a bit different over there.Ask the American one what to do within their rules and then tell the Australian one what he said. The Aussie one will tell you the pros and cons if he is…[Read more]

]]> 154ae88f8a7ae1d9d36a563bec557315 aussiejim replied to the topic Paying from Redraw with credit card. in the forum Finance https://www.propertyinvesting.com/topic/4400866-paying-from-redraw-with-credit-card/#post-4629833 Sat, 14 Aug 2010 13:49:50 +0000 Just withdraw it into an account exclusively used for the IP, ask the bank to waive the fee or just pay it if you don't. Its all about justification with the ATO, if you only use that account for IP expenses it is extremely easy and quick to prove. Ask your accountant. The bank only calls it a savings account you can call it anything you would…[Read more]

]]> 32c7a1eb09571ec5b92adac7f419c1fd aussiejim replied to the topic Increasing the loan amount in the forum Finance https://www.propertyinvesting.com/topic/4400869-increasing-the-loan-amount/#post-4629837 Sat, 14 Aug 2010 13:39:44 +0000 Just a quick one. If you can avoid LMI do it. Have a think about what you are paying for. If you default on your loan the lender gets to sell your property back to the market and accept any price it likes. The short fall is paid by the insurer and then goes after who? Who paid for the dogs that are unleashed on…[Read more]

]]> 0e00fbaca0e15b6e56ef731a8209eb09 aussiejim replied to the topic Is landlord liable for tenants who complain the slippery tiles and drive - way in a raining day? in the forum General Property https://www.propertyinvesting.com/topic/4400872-is-landlord-liable-for-tenants-who-complain-the-slippery-tiles-and-drive-way-in-a-raining-day/#post-4629853 Sat, 14 Aug 2010 13:09:22 +0000 Best tip, and I talk from experience, I had a very similar 'experience' and was the best thing that ever happened to me regarding RE investing, I learnt this lesson very early. Get out of renting out tents and move into commercial real estate ASAP!Consult a solicitor if you are this worried. Most of them will have a first consultation is free p…[Read more]

]]> 8587ee27bd5137b1540a1a12701317f6 aussiejim replied to the topic First IP loan structure in the forum Finance https://www.propertyinvesting.com/topic/4400781-first-ip-loan-structure/#post-4629378 Sat, 14 Aug 2010 12:50:10 +0000 Negotiate, go to another bank and see what they offer and then go back to your original bank and see if they will match. Better yet switch banks if they will do it for $0 (covering your exit fees as well). They want your business and ~$10k you are giving the other bank every year anyway with your current loan. For IP always use IO never P/I.Keep…[Read more]

]]> aa2941beb748b07a3620968530f82bb5 aussiejim replied to the topic subdividing block and transferring title. in the forum Help Needed! https://www.propertyinvesting.com/topic/4400871-subdividing-block-and-transferring-title/#post-4629852 Sat, 14 Aug 2010 12:19:29 +0000 Best tip I can think of is next time hit your accountant up for a trust structure before you purchase if this is going to be a regular thing for you guys. I know that does not help you now but maybe next time. The benefit is the asset protection with the additional benefit of having more tax options it is an extremely flexible and personally…[Read more]

]]> eff5dd611e39ff44f1bcb7a498f5d95b aussiejim replied to the topic Gold Coast Area in the forum Commercial Property https://www.propertyinvesting.com/topic/4400864-gold-coast-area-2/#post-4629829 Sat, 14 Aug 2010 11:59:35 +0000 Actually pressing the submit button from my end helps.  Should be GTG.

]]> 8e19fec7e8a80d9ac48b8dee686abed1 aussiejim replied to the topic First IP in the forum General Property https://www.propertyinvesting.com/topic/4400870-first-ip-11/#post-4629840 Sat, 14 Aug 2010 11:56:08 +0000 While you wait to get that info from the experts on this forum make sure you have all your financials up to date. Collect all your info into one folder ready to head to the banks, YEP BANKS. Pay slips, credit card bills, loan documents, personal debts, repayments on phone, cars, living expenses etc. All those documents are those the banks will…[Read more]

]]> 981788e840f289c29a5aa7287a3683d7 aussiejim replied to the topic Gold Coast Area in the forum Commercial Property https://www.propertyinvesting.com/topic/4400864-gold-coast-area-2/#post-4629827 Sat, 14 Aug 2010 11:18:17 +0000 Thanks SNM,Any local knowledge? Which is the 'better' one IRT reputation on the GC? Anyone in particular in those RE agencies that you would recommend to approach? I've found that the keen and good RE agents, a good filter, will always be willing to go to the effort to open up a property and put the information together during the week. Thank…[Read more]

]]> 0bac1c35ed8a05838278bd7fbbe76ab1 aussiejim replied to the topic St Marys and Mt Druitt area in the forum General Property https://www.propertyinvesting.com/topic/4400831-st-marys-and-mt-druitt-area/#post-4629607 Fri, 13 Aug 2010 14:09:04 +0000 anne25 wrote:
hi all just wondering what you all think of the mtt Druitt area and St Marys in Sydney ? are they just great for postivie gearing or grow as well? as do you think 3 x3or 4 bedders priced around $310000 will do any good in St Marys ? Will they sell? any advice will help , im also looking for a good/cheap builder !!

G'day…[Read more]

]]> 035dca7515f7372e81a381a4598991c7 aussiejim replied to the topic Cash flow positive - Gold Coast Queensland. Is it possible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400783-cash-flow-positive-gold-coast-queensland-is-it-possible/#post-4629410 Fri, 13 Aug 2010 13:08:32 +0000 Depends what you are looking for in particular and what you are willing to do to make it cash flow positive. They rarely, and even more now fall out being CF+. Think outside the box, sovle the problems of a building and you will more than likely have a CF+ property on your hands.

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