PropertyInvesting.com | Ben | Activity https://www.propertyinvesting.com/members/benny636/activity/ Activity feed for Ben. Sat, 18 Apr 2026 15:57:38 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 89ae7aa8e78a96d6e16e66f77d31cde7 Ben started the topic Credit Cards and Credit History in the forum Finance https://www.propertyinvesting.com/topic/5070259-credit-cards-and-credit-history/ Sun, 21 Feb 2021 07:28:16 +0000 Hi all,

After looking everywhere online with little help, I would like to know from any experienced credit card users the following:

Is it beneficial when having a bank assessment for a loan, to have a low limit credit card ($1-2K) with some history that is always paid off full on time compared to holding no credit card at all?

Does credit…[Read more]

]]> b68c88e58194b012ee35ab79da0e140f Ben replied to the topic Apply for credit, Deposit Questions in the forum Finance https://www.propertyinvesting.com/topic/5067240-apply-for-credit-deposit-questions/#post-5067266 Wed, 05 Aug 2020 12:33:09 +0000 Thanks everyone for your feedback.

Just wondering also if the $100K was placed into another investment class, then down the track a property was planned (just say a date was planned), must the money be placed back into a savings account just before purchase to prove savings or can it just be proved by being in other investments? Will there be any…[Read more]

]]> a6bd2f247d76befe2b05e324e650330e Ben started the topic Apply for credit, Deposit Questions in the forum Finance https://www.propertyinvesting.com/topic/5067240-apply-for-credit-deposit-questions/ Sun, 02 Aug 2020 05:35:51 +0000 Hi,

Say I hold $100K in bank savings that can be used for investment and I dedicate $75K for deposit and purchase costs for IP, would it be alright to place the remaining $25K into other investments (not this IP), and not affect my application for borrowing/gain pre approval etc?

Different scenario, say I need the the total $100K for IP, should…[Read more]

]]> 9332ecf2ec1819af10ee5368dce806e9 Ben replied to the topic First Home Buyer in the forum Finance https://www.propertyinvesting.com/topic/5061684-first-home-buyer-14/#post-5061691 Wed, 05 Feb 2020 05:19:48 +0000 Thanks Terryw for your help, I’ll see what I can do. Much appreciated!

]]> 3fb0ff40d5663e6f56e7bd8a75f78682 Ben replied to the topic First Home Buyer in the forum Finance https://www.propertyinvesting.com/topic/5061684-first-home-buyer-14/#post-5061689 Wed, 05 Feb 2020 00:49:55 +0000 Thanks Benny, I appreciate your help!

]]> af909cf67cedf5c9b97bdb3d11d3fce3 Ben replied to the topic First Home Buyer in the forum Finance https://www.propertyinvesting.com/topic/5061684-first-home-buyer-14/#post-5061687 Wed, 05 Feb 2020 00:01:42 +0000 Hi Terryw thanks for your response. I agree being on a casual role now will make it much harder but my position has been very stable, I have timesheets to prove a decent workload over the year and I can get my boss to provide me with full-time contract letter for July now. Just wondering further if this can improve my chances to apply for finance…[Read more]

]]> 958e6e77269d570efc75691819214c14 Ben started the topic First Home Buyer in the forum Finance https://www.propertyinvesting.com/topic/5061684-first-home-buyer-14/ Tue, 04 Feb 2020 12:17:13 +0000 Hi all,

I have been saving for a deposit for my first home which I will eventually turn into an investment later for a while now.

I have 90K now in savings and with my plans and strict savings expect to have 100K after tax in July 2020. I currently study full-time but have a casual engineering job for over a year now which will become full-time…[Read more]

]]> f64abfc4954833940b9cf7b0dfcd5cc8 Ben replied to the topic PAYG Tax Options in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5048780-payg-tax-options/#post-5048785 Tue, 18 Dec 2018 05:02:37 +0000 Hi Terryw,
Thanks for the help.
I would likely be classed as a saver as I am currently trying to save every dollar I can for my deposit. After I purchase my 1st investment property, the plan is to use my tax savings to either help pay the loan off, place it in an offset account and/or save up for the next deposit.

]]> 06a048237ab5cbd9f3e3cc40091773b9 Ben started the topic PAYG Tax Options in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5048780-payg-tax-options/ Tue, 18 Dec 2018 01:58:52 +0000 Hi,
I am relatively new to the property investing forums and I am currently a student, 21 who is heavily into investing education and would like ask some questions to help develop investment strategies. This is my first question, sorry if its obvious but I reckon it’s always better to get an experienced opinion. Anyway I will ask many more…[Read more]

]]> abaaaa159d7bd5d0409d9a675a12a9f9 Ben changed their profile picture https://www.propertyinvesting.com/activity/p/378005/ Sun, 09 Dec 2018 23:04:47 +0000 7bb73265c69985603ca0bc1346364acd Ben's profile was updated https://www.propertyinvesting.com/activity/p/378004/ Sun, 09 Dec 2018 22:52:50 +0000 85d80fb5035cd0f777d338a3bef35f4c Ben became a registered member https://www.propertyinvesting.com/activity/p/377950/ Wed, 05 Dec 2018 08:27:17 +0000