PropertyInvesting.com | benc10 | Activity

benc10 replied to the topic Which City/Suburb you live? in the forum Forum Frolic

Sat, 25 Sep 2010 09:37:18 +0000

Adamstown, 5klms from Newcastle cbd

benc10 replied to the topic To keep or to sell in the forum Help Needed!

Wed, 12 May 2010 03:42:05 +0000

Hi looking for some advice also in regards to this I have 2 IP's and a PPOR both IP's are I/O and a LOC on the PPOR maybe moving overseas in near future so thinking of selling PPOR because its a nice family home with good gardens etc have own the home for 3 yrs and should be back from overseas in 3 yrs time.So 6yrs in total which should show good…[Read more]

benc10 replied to the topic "property managers" too busy to manage properties! in the forum Opinionated!

Thu, 25 Mar 2010 10:51:33 +0000

Hi this is a real eye opener, as not having to be in the rental market for a while now I haven't given this much thought.Has anyone had any dealings with managemyproperty in logan central and barry plant melton.Cheers

benc10 replied to the topic Deal or no deal? in the forum Help Needed!

Wed, 10 Mar 2010 02:58:20 +0000

By any means would this suburb there talking about be Fletcher just outside Wallsend in Newcastle, because there's alot of new residental construction going on there plus new schools. Alot of owner occupier there so not a real demand for renting in the area because young families are moving into the area maybe thats why the developer is willing…[Read more]

benc10 replied to the topic Over looking i need a Pro who deals with Investing?? in the forum Help Needed!

Mon, 08 Mar 2010 11:50:19 +0000

Hi peter I was in your shoe's not to long ago, im on a good income but felt i was wasting my money so I turned to property investing and will never look back, my best advice would be to educate yourself first before taking any action knowledge is power its so true, at least sound like you know what your talking about.Steve's 0-130 properties in…[Read more]

benc10 replied to the topic First investment property? in the forum Help Needed!

Mon, 08 Mar 2010 05:44:34 +0000

Looking for a bit of advise I have a PPOR in newcastle, 2 IP's 2 bed unit in logan central qld, 3 bed house in kurunjang vic and waiting for finance finally for a 3 bed house in Orange nsw which should all be settled in the next 2 months.I'm having problems with finance because Im a professional athlete and am on contract based wages all 3 IP…[Read more]

benc10 replied to the topic First investment property? in the forum Help Needed!

Mon, 08 Mar 2010 05:44:31 +0000

benc10 replied to the topic What Salary do you need in the forum Help Needed!

Wed, 03 Mar 2010 09:55:38 +0000

I agree with the people that say it takes time if your on a lower income, purchase only what you can comfortably afford you don't have to love the property because your not living in it but make it a win-win.Even 1 property per year for 10 years if thats all you can afford is great you'll have 10 properties in your portfolio and the 1st couple of…[Read more]

benc10 replied to the topic Melbourne locations in the forum Help Needed!

Thu, 18 Feb 2010 11:53:16 +0000

Any thought of out to Melton, Kurunjang area good price for new homes not to far from melb cbd 45 min drive

benc10 replied to the topic ppor to ppor in the forum Help Needed!

Thu, 18 Feb 2010 11:42:15 +0000

I think my understanding is that you can have as many PPOR as long as you do live in the place for some period of time in the year, it just comes down to when you sell which one has gained the most in value thats the one you would want to apply the no capital gains tax ruling to.Hope that helps

benc10 replied to the topic Getting first investment property in the forum Help Needed!

Tue, 16 Feb 2010 09:33:48 +0000

I went through a similar experience late last year purchasing 2 properties using equity in my own home, just go to the bank your house is with explain what you want to do, they will evaluate your property see what its worth what you have paid off it and see how much equity you have generally the bank will lend $5 to every $1 you have in…[Read more]

benc10 replied to the topic property under $200k in the forum General Property

Sun, 17 Jan 2010 04:25:49 +0000

Im with you on this one, iv got 2 properties in qld and vic but am looking for properties in the lower end -$200k in nsw and as long as the property is in a good growth area with the building and pest inspections not showing any real structual problems because they will be older properties, I believe that there are some good buys out there…[Read more]

benc10 replied to the topic WealthScore.... How Did You Go? in the forum General Property

Sun, 03 Jan 2010 08:31:30 +0000

I got a score of -304 very scary im a professional sports person employment by contracts I have 2 investment properties returning 6.2% and 5.5% that are interest only loans and mortgage of over 300k on valua of 520k i am looking to accelerate my earnings and investment property purchasing what can I do