PropertyInvesting.com | Benny | Mentions https://www.propertyinvesting.com/members/benny/activity/mentions/ Activity feed mentioning Benny. Wed, 15 Apr 2026 02:33:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 346b5968f0bc769b93f0b40084859d63 JustinmG replied to the topic Portfolio Package & Cross collateralised in the forum Help Needed! https://www.propertyinvesting.com/topic/5070174-portfolio-package-cross-collateralised/#post-5070177 Mon, 08 Feb 2021 13:59:10 +0000 Thanks @benny & @terryw

I appreciate the help

]]> 9b289597af52f6391de6254fb268785d JustinmG replied to the topic Structures for larger positively geared portfolio in the forum Help Needed! https://www.propertyinvesting.com/topic/5070041-structures-for-larger-positively-geared-portfolio/#post-5070050 Thu, 28 Jan 2021 22:39:02 +0000 That’s for the reply guys.
Thats exactly what I was thinking @benny & @terryw .
I thought it may be a quicker process for me to gather a couple of properties in my individual names, but will stop me growing anything substantial fairly quickly.

will you be posting the new information on structures and due diligence on the forum here @stevemcknight…[Read more]

]]> ed8b19b7318430bf9f43d1b422d994ef sinnersavedbygrace replied to the topic Surely that CAN'T be right !! ..... or is it?? in the forum Opinionated! https://www.propertyinvesting.com/topic/5034678-that-surely-cant-be-right-or-is-it/#post-5068851 Wed, 28 Oct 2020 04:53:49 +0000 @Benny

@Terryw

Guys, sorry but what am I missing here. I did the numbers on excel but I didn’t get to the $40k that you both did.

I got the final number of $891,289.6. Here is my excel calc (link to the shared file in Dropbox)

https://www.dropbox.com/scl/fi/8un7vrpad40nju0g7ue58/Compound-Calc.xlsx?dl=0&rlkey=a4ccywk2x9e9t8xrp0s640oh3

I’m sure…[Read more]

]]> 13370fc11f0695e136097422f1794ad7 sinnersavedbygrace replied to the topic "The big picture" - for new readers especially... in the forum General Property https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/3/#post-5068850 Wed, 28 Oct 2020 04:27:05 +0000 @Benny

Thanks a lot Benny. Funny that I just got off the phone (information session, strategy call, or whatever attractive name they want to call it) with some of these “expert property investor groups”. And they tick all the boxes you mentioned.

Definitely a must read for all new property investor (like me) because sadly these kind of companies…[Read more]

]]> 0b42674b838cc6daea8dc3fe0722fbfc sinnersavedbygrace replied to the topic "The big picture" - for new readers especially... in the forum General Property https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/3/#post-5068850 Wed, 28 Oct 2020 04:27:05 +0000 @Benny

Thanks a lot Benny. Funny that I just got off the phone (information session, strategy call, or whatever attractive name they want to call it) with some of these “expert property investor groups”. And they tick all the boxes you mentioned.

Definitely a must read for all new property investor (like me) because sadly these kind of companies…[Read more]

]]> 045231d4f43d86d0863c712bce8e29b3 sinnersavedbygrace replied to the topic "The big picture" - for new readers especially... in the forum General Property https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/3/#post-5068850 Wed, 28 Oct 2020 04:27:05 +0000 @Benny

Thanks a lot Benny. Funny that I just got off the phone (information session, strategy call, or whatever attractive name they want to call it) with some of these “expert property investor groups”. And they tick all the boxes you mentioned.

Definitely a must read for all new property investor (like me) because sadly these kind of companies…[Read more]

]]> 2a7b33a9a79f1005a4f739cddb2ac919 Petercromp replied to the topic Need advice please. I have 2 negative cash flow properties in the forum Help Needed! https://www.propertyinvesting.com/topic/5061792-need-advice-please-i-have-2-negative-cash-flow-properties/#post-5061925 Sat, 07 Mar 2020 23:46:19 +0000 @benny and @CMS – you guys are doing a great job and the information her and the perspective is invaluable.

]]> e250198d1ff535f16afcaef1dd19b8a6 sinnersavedbygrace replied to the topic Need advice please. I have 2 negative cash flow properties in the forum Help Needed! https://www.propertyinvesting.com/topic/5061792-need-advice-please-i-have-2-negative-cash-flow-properties/#post-5061872 Sun, 01 Mar 2020 03:58:47 +0000 Thank you all for taking the time and effort to help!! I really appreciate it!

@Benny thanks for your encouragement, this is definitely a lesson that I have learnt, to do my research before buying anything (an expensive lesson indeed!). Currently the 1 bedroom apartment is renting for $360/week. And the townhouse (3 bedrooms) is  renting for…[Read more]

]]> 2afbc4375907d69fa904790e1b9386e4 freedom replied to the topic "The big picture" - for new readers especially... in the forum General Property https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/3/#post-5060790 Mon, 06 Jan 2020 23:05:59 +0000 Hi @Benny,

Where to find the “The BIG PICTURE Index” & pages you mentioned in your post ?

The links to the topics are not clickable. ?  let me know If I am missing something.

 

]]> 6119887cc7457a2363f11752b8f287b7 Brian replied to the topic My vendor did not pay for council rate in the forum Help Needed! https://www.propertyinvesting.com/topic/5043800-my-vendor-did-not-pay-for-council-rate/#post-5043819 Mon, 19 Mar 2018 03:17:22 +0000 Thank you guys for your quick reply @benny @terryw

There were many back and forth emails between me and my solicitor just to trying to chase up with the issue.

My solicitor forwarded the bills, overdue notice and the settlement adjustment agreement to vendor’s solicitor and he replied us saying his client is going to pay.

I am not sure how…[Read more]

]]> 941834db08eb656876f6e5aca51b6afd Brian replied to the topic My vendor did not pay for council rate in the forum Help Needed! https://www.propertyinvesting.com/topic/5043800-my-vendor-did-not-pay-for-council-rate/#post-5043819 Mon, 19 Mar 2018 03:17:22 +0000 Thank you guys for your quick reply @benny @terryw

There were many back and forth emails between me and my solicitor just to trying to chase up with the issue.

My solicitor forwarded the bills, overdue notice and the settlement adjustment agreement to vendor’s solicitor and he replied us saying his client is going to pay.

It seems like my…[Read more]

]]> e76e5957dcc347d9b8b48b5a44e27913 Jprop replied to the topic Stuck...need help in the forum Help Needed! https://www.propertyinvesting.com/topic/5032748-stuck-need-help/#post-5032879 Wed, 08 Feb 2017 21:43:58 +0000 @the-dark-knight, looking at Moree and Wagga.

@Ethantimor My broker is crutching some numbers for me. :)

@benny thanks for the information.

Thanks all for your advice.

I just want to put my strategy out there to building my portfolio. I think i may need to change it. I am currently purchasing positively geared IPs in regional areas (main…[Read more]

]]> b09bd5782b031ab436c4d39bf895caa5 Jprop replied to the topic Stuck...need help in the forum Help Needed! https://www.propertyinvesting.com/topic/5032748-stuck-need-help/#post-5032754 Sat, 04 Feb 2017 04:35:15 +0000 @benny Thanks for the response. That advice will help me make a better decision. Another question, are banks still wanting 20% deposit for IP’s? I was in the same situation when i bought my first IP whether to use 10% deposit to buy two properties but the banks had restrictions on only lending if there was 20% deposit? Talking about IPs in…[Read more]

]]> b5d7f479cd277169b1f221c817c6f7bc Rebecca Harrison replied to the topic Geelong in the forum Help Needed! https://www.propertyinvesting.com/topic/4400224-geelong-2/page/2/#post-5029785 Thu, 15 Sep 2016 05:17:11 +0000 Hi @benny,

sorry yes short on my writing as ive written it so much already.

I haven’t been cold called, I approached them as I have dealt with them before with an investment that fell through due to a marriage breakup.
I told them what I want to spend, they will take me on as they know I have it and are showing me what they have in house and…[Read more]

]]> ec324189c21b39a42e52624959d920b4 Rebecca Harrison replied to the topic investment property in Norlane Geelong in the forum Forum Frolic https://www.propertyinvesting.com/topic/4408102-investment-property-in-norlane-geelong/#post-5029783 Thu, 15 Sep 2016 05:12:55 +0000 Hi @benny,

its quite Similar I have notice it has fluctuated up and down 30 grand between a lot of property’s. I feel the difference is complete turn key as well, the one im looking at has everything included and all finishes on the inside. I don’t have to add extra such as clothes line, garden, paths etc. so there’s a 30grand difference and…[Read more]

]]> 21397402acf76aebc8d57526ec828b28 Jamie Moore replied to the topic Need Property accountant in Sydney in the forum Finance https://www.propertyinvesting.com/topic/5029600-need-property-accountant-in-sydney/#post-5029666 Sun, 11 Sep 2016 23:47:02 +0000 Yes.

Cheers

Jamie

]]> f8d45c08a6e486b1aef1b6874333d637 Colin Rice replied to the topic Buy second land or not in the forum Help Needed! https://www.propertyinvesting.com/topic/5029654-buy-second-land-or-not/#post-5029662 Sun, 11 Sep 2016 14:36:09 +0000 If it’s a yes, how should we arrange 2nd mortgage.

You would need to talk to an investment savvy mortgage broker to map out a suitable finance structure. If done wrong it could cause some pain.

As @benny has already mentioned you would want to do your research (or pay a professional to do it) so you understand the current dynamics and how t…[Read more]

]]> c8dbb223aa249ccb2bc4d6893c704c9b Colin Rice replied to the topic Buy second land or not in the forum Help Needed! https://www.propertyinvesting.com/topic/5029654-buy-second-land-or-not/#post-5029662 Sun, 11 Sep 2016 14:36:09 +0000 If it’s a yes, how should we arrange 2nd mortgage.

You would need to talk to an investment savvy mortgage broker to map out a suitable finance structure. If done wrong it could cause some pain.

As @benny has already mentioned you would want to do your research (or pay a professional to do it) so you understand the current dynamics and how t…

[Read more]

]]> 2e8ca646dc146722550b303c53fd748f Benny replied to the topic Need Property accountant in Sydney in the forum Finance https://www.propertyinvesting.com/topic/5029600-need-property-accountant-in-sydney/#post-5029651 Sat, 10 Sep 2016 07:23:23 +0000

@Benny, @Jamie, Are you investors?

I was when I was using Nick – now semi-retired, but still interested in property…. You never know what might suddenly pop up. ;)

Benny

]]> 3149e4c3db5775ed715d44541485813e San replied to the topic Need Property accountant in Sydney in the forum Finance https://www.propertyinvesting.com/topic/5029600-need-property-accountant-in-sydney/#post-5029650 Sat, 10 Sep 2016 07:13:18 +0000 cheers guys.
@Benny, @Jamie, Are you investors?

]]> fc602fe773ea6eae4108645afd719056 San started the topic Need Property accountant in Sydney in the forum Finance https://www.propertyinvesting.com/topic/5029600-need-property-accountant-in-sydney/ Thu, 08 Sep 2016 11:25:08 +0000 Hi All,

I would like to speak to property accountants based in Sydney. If you are one or recommend one please let m eknow.
@Benny, @Jason – Do you recommend any one? Thanks

regards
San

]]> 3bc093d3e270f747e04518051c7f15b0 mattjones replied to the topic New Pricefinder Group Access in the forum Help Needed! https://www.propertyinvesting.com/topic/5021304-new-pricefinder-group-access/#post-5029475 Mon, 05 Sep 2016 23:57:57 +0000 Hi @classiceuropa,

Great question on the difference between PriceFinder and RPData – I’ve been asked that question a lot!

I recently posted a comprehensive comparison between the two services which you may find useful:

https://www.propertyresourceshop.com/tools-comparison-real-estate-investar-pricefinder-core-logic-rp-data/

Cheers, Matt…[Read more]

]]> 0497a392b6ea5ba244bd3b8aacfd6392 Bjoern replied to the topic Is an Offset Account worth it? in the forum Finance https://www.propertyinvesting.com/topic/5028580-is-an-offset-account-worth-it/#post-5029411 Sun, 04 Sep 2016 08:53:39 +0000 Thanks for all your responses, guys!

@pascoe: Agree, I probably overcomplicated it and in the end we’re probably discussing about max a few $100 difference anyway. But also wanted to get feedback if my thinking is correct. And I don’t think the interest on a savings account is that much lower. I get 3.15% at RAMS right now and the loan was 3.69%…[Read more]

]]> 64cf9828728a0e907ff5622add4d534b Colin Rice replied to the topic Convert PPOR to IP...Am I doing it right? in the forum Finance https://www.propertyinvesting.com/topic/4994089-convert-ppor-to-ip-am-i-doing-it-right/#post-5028645 Tue, 02 Aug 2016 07:52:36 +0000 @Benny – yes indeed and I would estimate 90%+ of investment loans would be deemed “contaminated and not fit for purpose” if thoroughly investigated but they dont drill that deep. I suspect the cost v reward may not be there to do so (yet) as I have never heard of it during an audit from ATO.

I have instructed banks to place funds in a dedicated…[Read more]

]]> fa68cf17786605d7d0f514938ab124c1 Scott No Mates replied to the topic Property Value in the forum Opinionated! https://www.propertyinvesting.com/topic/5026892-property-value-3/#post-5028002 Tue, 28 Jun 2016 12:22:18 +0000 as @benny notes – UCV is for ratings purposes, it is not based on a physical inspection of the property but is a statistically modified bulk valuation methodology which has been used. It does not reflect your reality, you can dispute it if you believe it is too low but do you want to pay land tax (if it isn’t a ppor)?

]]> 118be63ec3c01434e58f4d77770e0c0c Retireyoungfree replied to the topic Should I use a buyers agent ?? in the forum Heads Up! https://www.propertyinvesting.com/topic/5026071-should-i-use-a-buyers-agent/#post-5026843 Fri, 27 May 2016 14:39:59 +0000 @benny
Hi benny I will look through that thread now , thanks your very helpful !

@jamie
Hi jamie im looking to buy in brisbine

]]> d6b900ffad0b4c1f51b600198b3cafed Benny replied to the topic New Pricefinder Group Access in the forum Help Needed! https://www.propertyinvesting.com/topic/5021304-new-pricefinder-group-access/#post-5022901 Wed, 16 Mar 2016 09:39:22 +0000 Hi @knightm,

PS @Benny and mods I assume this is ok but if not please delete.

No issue from where I sit. Providing a service and helping out members are both to be applauded.

Benny

]]> 28b59715191a4c7765a6e55a084f6276 Jprop replied to the topic Need advice in the forum Help Needed! https://www.propertyinvesting.com/topic/5020757-need-advice-12/#post-5022208 Tue, 08 Mar 2016 01:58:45 +0000 Wow. I didn’t expect so many responses! That’s awesome. Thanks everyone. The properties are in regional NSW close to a major city. Have low vacancy rates etc. and have down research on the area and i think it is a place good for investing as a newbie. Both Freestanding houses. I am buying and holding for now and see how we go. Purchase price is…[Read more]

]]> 01a5c3f1af873a3fabbe504435d7bec2 BuyersAgent replied to the topic New Pricefinder Group Access in the forum Help Needed! https://www.propertyinvesting.com/topic/5021304-new-pricefinder-group-access/#post-5021315 Wed, 02 Mar 2016 07:40:04 +0000 PS @Benny and mods I assume this is ok but if not please delete. I have been getting emails and PM’s about this group as some members are quite anxious about it closing so I thought it best to make it public.

]]> 6911187f272bcc5d820a9fc0a98f0c6c Jacqui Middleton replied to the topic Thread titles no longer a link from forum profile pages in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/5020273-thread-titles-no-longer-a-link-from-forum-profile-pages/#post-5020319 Mon, 15 Feb 2016 22:00:20 +0000 Thanks @Benny . Yes I eventually found it that way but wonder how many people would find their way to the members area in that way?

]]> 69a30e2c44f412cdedca747e1fa0a922 Jacqui Middleton replied to the topic Thread titles no longer a link from forum profile pages in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/5020273-thread-titles-no-longer-a-link-from-forum-profile-pages/#post-5020313 Mon, 15 Feb 2016 10:48:27 +0000 Noted, thanks @Benny will do. ps I also notice it’s a bit of a mission to find a particular member now. Once upon a time there was a link that took you straight into members and you can search by partial username. Now that functionality seems to be gone, so unless someone is tagged in a post with an @ symbol it is tough to find them.

]]> 28775e271b1a802f76e4c77f7b030c03 tony posted an update: @benny hi benny thanks for the email ask steve im interested […] https://www.propertyinvesting.com/activity/p/334952/ Tue, 26 Jan 2016 04:56:32 +0000 @benny hi benny thanks for the email ask steve im interested in kocnk down rebuild but want to start investing as so to pay for my new house what time limited would I be looking at and the other question is if I lose my job in the process would I lose everything im doing it for me and my son thanks anthony

]]> 74eb34c6549fe9c8c122c3b695eb74ec BuyersAgent replied to the topic thumbs up/down disappeared in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/5017097-thumbs-updown-dissapeared/#post-5018858 Fri, 08 Jan 2016 10:45:28 +0000 Ah @benny I just sent you msg before reading this, so it was that thread! Sorry to be a pest but I thought it was worth asking the question. All the best with explorations on the options.

]]> 78855959dea5201d722730d64e6ac155 BuyersAgent replied to the topic Indecisive & confused newbie - needs HELP!! in the forum Help Needed! https://www.propertyinvesting.com/topic/5018842-indecisive-confused-newbie-needs-help/#post-5018856 Fri, 08 Jan 2016 10:19:38 +0000 Hi @Ren16 – great set of questions. I have done the reno thing and the build thing. My thoughts below:
1 – You can leap frog a reno without selling. Correct you pay more stamp duty at the front but no cg tax if you just refinance the equity out. It is how I bought my first 3 in a smidge over a yr.
2 – Building is great – but you NEED to have…[Read more]

]]> aab9037fc0b78d0e1969fe83eb732f9e SiteManager replied to the topic Selling Off The Plan apartment before completion in QLD ? in the forum Help Needed! https://www.propertyinvesting.com/topic/5017020-selling-off-the-plan-apartment-before-completion-in-qld/#post-5017972 Thu, 17 Dec 2015 07:57:29 +0000 @Benny,

Sure Benny I’ll try to make best of this situation and hard lesson not to fall again to this new OTP stuff.

Thank you for the input and suggestion.

]]> 938225f3fb2c7f565eac5707b4c8e23d DeanCollins replied to the topic Licensing may be required for repair work to rental properties by owner in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5017181-licensing-may-be-required-for-repair-work-to-rental-properties-by-owner/#post-5017376 Wed, 09 Dec 2015 00:45:44 +0000 Agree @Benny this is ridiculous

]]> 6c06bbc73b99c6b09754730f5322fd9d BuyersAgent replied to the topic Renovation Strategy in the forum Value Adding https://www.propertyinvesting.com/topic/5016604-renovation-stratergy/#post-5016891 Thu, 26 Nov 2015 09:15:15 +0000 @Benny and @goosehead – normally what Benny is saying is correct that major improvements and renovations are all added to the cost base like stamp duty for future capital gains cals, so you get it back at sale, NOT as a tax deduction.

HOWEVER

For asbestos roof removal, there is a special rule I believe (please check this for yourself with your…[Read more]

]]> 6fc3602b890505eaa393b10d1b805ae0 BuyersAgent replied to the topic Renovation Advice Companies in the forum Value Adding https://www.propertyinvesting.com/topic/5016527-renovation-advice-companies/#post-5016855 Wed, 25 Nov 2015 21:56:32 +0000 @goosehead FYI I liked your question just because and @Benny I liked your promise to investigate – thanks. In my view (and other forums) the like button is more useful as it encourages positive feedback. The number of positive interactions gives a good guide to trust in the arena. If people dislike just because they have a differing opinion…[Read more]

]]> 7c08a1f692072fbb6576f4d6a3a51229 BuyersAgent replied to the topic Renovation Advice Companies in the forum Value Adding https://www.propertyinvesting.com/topic/5016527-renovation-advice-companies/#post-5016787 Tue, 24 Nov 2015 08:16:39 +0000 @Benny do you know why Kerry Anne and I have received thumbs down for making these recommendations? Either someone is unhappy with us for an unknown reason or someone doesn’t want Hotspace getting any business? Seems bizarre. I don’t know if the like system can be challenged or removed when used inappropriately?

]]> 0fd3c7dfe5161a76e7fb80c55ec8a70f SiteManager replied to the topic Investment property in Upper Coomera? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404157-investment-property-in-upper-coomera/#post-5016641 Thu, 19 Nov 2015 11:18:48 +0000 @Benny yeah that’s what I was thinking, because COOMERA has been dormant and so far I heard good plans only this year.

I must admit that COOMERA has been spruiked since 2011 and hopefully this time it is started to be come profitable.

]]> df91e44e27074fb9d5706acb479fbf3b BuyersAgent replied to the topic Upper Coomera/ Coomera in the forum General Property https://www.propertyinvesting.com/topic/4377382-upper-coomera-coomera/#post-5016429 Sat, 14 Nov 2015 21:46:58 +0000 @jones4130 I posted in the other thread too and would agree with @Benny and @Qlds007 that the most important thing is to do independent research. This is probably way more important than the actual suburb you end up purchasing in. If you are doing your own research and are happy that the values and rent returns stack up, then you have nothing to…[Read more]

]]> 9c0f06a5ca033d91a9fc1d847cd19eac SiteManager replied to the topic Advice about buying an IP in Coomera in the forum Help Needed! https://www.propertyinvesting.com/topic/5014599-advice-about-buying-an-ip-in-coomera/#post-5016185 Mon, 09 Nov 2015 06:18:39 +0000 @Benny,
Yes my buyers agent always told me to get the existing house rather than the new one.

He mentioned that Upper Coomera is full of families (they recently built a massive new childcare centre so there is clearly a lot of children in the area)

Many new houses, lots of development, and a billion dollar shopping centre precinct (including…[Read more]

]]> df27b0181f84c79908fa8b28a866e00d SiteManager replied to the topic Advice about buying an IP in Coomera in the forum Help Needed! https://www.propertyinvesting.com/topic/5014599-advice-about-buying-an-ip-in-coomera/#post-5016172 Mon, 09 Nov 2015 01:21:18 +0000 @Benny,

I’m still looking around but according to the buyers agent professional advice service that I have engage (Todd Hunter wHere Property group), he suggest me to buy in UPPER COOMERA and ORMEAU for long term Capital Growth.

He showed me from the statistics on his website, he was able to predict one area in SEQ near Ipswich to be a good…[Read more]

]]> d0fafedc53b13e46b29a6699049bdcf7 SiteManager replied to the topic Park Ridge QLD, 4125 in the forum Help Needed! https://www.propertyinvesting.com/topic/5013640-park-ridge-qld-4125/#post-5014977 Fri, 23 Oct 2015 00:40:03 +0000 Hm, now I know bit more after @Benny and @Steve explains it to me in plain english :-)

You guys are right and truly make sense. I was under the influence that whenever new big business is opening like Costco, Woolworths, etc..
http://www.thereporter.com.au/news/costco-costco-costco/2563492/ –> shows that the area is brewing with some good…[Read more]

]]> 86345f0a975ef2065aabc17d8e7b905a BuyersAgent replied to the topic Fear in the forum Opinionated! https://www.propertyinvesting.com/topic/5013926-fear-2/#post-5014015 Tue, 29 Sep 2015 23:15:15 +0000 @lblanden As you can see even from a few posts above people have very different viewpoints. Personally I am in love with property and it SUITS ME JUST FINE that many folk aren’t. If everyone was into property the competition in the market would be so much fiercer. If you stick something (anything) out for long enough you become better than all…[Read more]

]]> 2062fe83136527f26296bb5afb4852de BuyersAgent replied to the topic Is it a good time to get into IP? in the forum Help Needed! https://www.propertyinvesting.com/topic/5012791-is-it-a-good-time-to-get-into-ip/#post-5012901 Sun, 06 Sep 2015 05:01:44 +0000 @mohi785 good luck and keep learning, the response above by @Benny is a good one. A steve mcknight 2 day seminar would pay thousands in property education so if you can squeeze it in its worth it. Also avoiding the spruikers of new development stock is important as the wrong choice can cost tens of thousands and make the wealth journey many…[Read more]

]]> 0ae771cf98855c8268031146bef94a6d inusure replied to the topic Depreciation is only available for NEW Home and Land Package? in the forum Finance https://www.propertyinvesting.com/topic/5007676-depreciation-is-only-available-for-new-home-and-land-package/#post-5007679 Fri, 22 May 2015 00:07:42 +0000 @Benny: Thank you very much for your advice. I have 1 property in my mind already and have taken into account of all of the costs that i could think of:
Council Fee, Water fee, Agency cost and up front costs such as mortgage and stamp duty, and i know that I’m still missing something.
Is there any advisers that in Melbourne so i can ask or go…[Read more]

]]> a8e3114495724da0f49b190c322a3c78 superAndrew replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/page/4/#post-4997947 Thu, 25 Dec 2014 10:19:19 +0000 Nice post Terry.

@Benny: Net Yields can be sometimes misleading if you include interest expenses since you don’t know the loan amount. Loan amount could be 100%, 80% or 50%, which will lead to a completely different net yield.

I’m a assuming Terry is not including interest expenses in his yield (you can correct me here Terry, if I am wrong). His…[Read more]

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