PropertyInvesting.com | Belladonna | Activity https://www.propertyinvesting.com/members/belladonna/activity/ Activity feed for Belladonna. Wed, 15 Apr 2026 06:05:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 64d044f581b10d0175e3416e61238d7a Belladonna replied to the topic Finance for Wraps in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365089-finance-for-wraps/#post-4412663 Thu, 23 Jan 2003 09:27:28 +0000 Try using the terms “Vendor Finance” or “Vendor Terms Contract” rather than “wrap” as I have found not everyone you talk to knows it by this term.

Cheers
B

]]> 8c6cd16b133926a29b7c2b2a89a37a17 Belladonna replied to the topic Down & Out in SA and Vic.. in the forum No Subject https://www.propertyinvesting.com/topic/4365088-down-out-in-sa-and-vic/#post-4412661 Thu, 23 Jan 2003 09:24:09 +0000 Hi Adrian,

To my knowledge it is illegal to wrap in S.A. but I’m not sure if this means it’s illegal to wrap a property in S.A. or illegal to do if you live in S.A.?? I’d seek legal advice before proceeding any further. Perhaps you are better off looking at Lease Options (not sure if these are legal in S.A. or not??) or if it’s okay for you to…[Read more]

]]> 05033c6b380aa1ab793a34af29694d11 Belladonna replied to the topic Property Inspection in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365082-property-inspection/#post-4412640 Wed, 22 Jan 2003 08:31:47 +0000 In my experience, it is up to you as the purchaser of the property to make sure it is structurally sound. A formal inspection is not compulsory, however unless you are a builder or such, it is well advised. It’s up to you whether you have one done on a new property… some new properties can be very shoddy workmanship erected very quickly as a…[Read more]

]]> 9980175dba19eccd89605dcf57c95352 Belladonna replied to the topic Just Wondering in the forum No Subject https://www.propertyinvesting.com/topic/4365071-just-wondering/#post-4412615 Wed, 22 Jan 2003 02:47:38 +0000 Hey Steve, I know you weren’t telling me what to do… nobody has done that for a very long time!!![:D] I was merely comparing the advice I had received from someone else to the suggestions you had made and wondering which would have the better outcome.

And yes, you’re right I don’t have a structured plan yet. I make no secret of that. It’s…[Read more]

]]> bd925e3d8bb61bc1a283fc4787e6b82a Belladonna replied to the topic Which price range of property to wrap in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365081-which-price-range-of-property-to-wrap/#post-4412638 Wed, 22 Jan 2003 01:11:04 +0000 Hi IB

I’m a newbie to all this as well but I think you’re on the right track wrt acquiring lower priced properties as +ive cash flow investments. It’s virtually impossible to recover more rent than the cost of the mortgage repayments & expenses once you get over a certain amount.

My trouble has been finding the little blighters… everything…[Read more]

]]> 428ef13f5ebdb26c2e6f88f3d86fe654 Belladonna replied to the topic buying a rental whilst renting in the forum No Subject https://www.propertyinvesting.com/topic/4365008-buying-a-rental-whilst-renting/#post-4412363 Tue, 21 Jan 2003 09:00:03 +0000 Don’t wait!!! If there’s one thing I can say about my dabble in property it’s the longer you wait to get in the harder it is… that’s what everyone I talk to says when they congratulate me on getting in so early (even if I did cock it up slightly by not doing enough homework first!) If it were me, I’d buy the investment property(s) in the less…[Read more]

]]> 7124d170dcdbfe7527f9f65bbc5f51e4 Belladonna replied to the topic Just Wondering in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365071-just-wondering/#post-4412613 Tue, 21 Jan 2003 08:40:32 +0000 A big thanks to everyone who has replied to this post… your stories are all inspiring and I’m still marvelling at it all.

You’re right Steve… there’s loads of apprehension & ‘what if’s’ going on in my head! What if I can’t tenant a place?
What if I lose my job & can’t make the payments? What if the interest rates go thru the roof again like…[Read more]

]]> 0ae8146c18c626a897f86404759ec7fd Belladonna replied to the topic New to Property in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365070-new-to-property/#post-4412604 Tue, 21 Jan 2003 08:21:30 +0000 Thanks for your advice Steve…I will take it all on board & churn it over in my mind.

I keep thinking to myself ‘if only’ I had stumbled upon this site earlier!!! All I knew about property investing was capital growth & negative gearing (and even then I didn’t know much about it!)… sure this unit is in a good area for capital growth ($20K in…[Read more]

]]> 7002a0a71583d06d7cdabe0e1e66d833 Belladonna replied to the topic wraps in canberra in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365072-wraps-in-canberra/#post-4412619 Tue, 21 Jan 2003 03:35:40 +0000 Hi Nathan…

I don’t know much but I can tell you what I have gleaned from this site & other info…

Wraps are only illegal in South Australia, however in any state you have to be very careful with the wording & conditions etc to make sure you are doing it legally.

As far as leases go I can’t help there… I’m not up to that part of ‘property…[Read more]

]]> 9e3b1c17e3a66e8d7280c8c7340eb51b Belladonna replied to the topic New to Property in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365070-new-to-property/#post-4412602 Tue, 21 Jan 2003 03:13:32 +0000 Hi Nathan,

Thanks for your words of encouragement… I had actually been reading over your previous posts (& replies) with much interest. You’re asking all the questions I probably should have asked…

I have also formed a similar opinion about negative gearing, however I think that my choice of investment doesn’t really lend itself to that……[Read more]

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