PropertyInvesting.com | BMW | Activity https://www.propertyinvesting.com/members/bmw/activity/ Activity feed for BMW. Sat, 11 Apr 2026 19:20:35 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 5128fac85a1862ee7c7901fc59ec8b2a BMW replied to the topic Buying a residential property on industrial zoned land?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408670-buying-a-residential-property-on-industrial-zoned-land/#post-4686073 Thu, 07 Feb 2013 23:37:17 +0000 mjm2 wrote:
Apparently the vendor does not want to produce a section 32 until he gets an offer he is happy with…..

Isn't it illegal to advertise a property without a contract ready? 

]]> e246d709e408071b4fb454e41e37d762 BMW replied to the topic Use of equity in PPOR to place a deposit for IP in the forum Finance https://www.propertyinvesting.com/topic/4407912-use-of-equity-in-ppor-to-place-a-deposit-for-ip/#post-4679477 Fri, 19 Oct 2012 10:43:43 +0000 better to do this than use your own cash IMO as the whole IP loan(s) is tax deductable even though some of it is secured against your PPOR. just don't cross your IP and PPOR loans. best see a good broker

]]> 26200a64d1bddb3c374dad999425d549 BMW replied to the topic Greek Bail Out Explained in the forum Forum Frolic https://www.propertyinvesting.com/topic/4407712-greek-bail-out-explained/#post-4678084 Tue, 25 Sep 2012 23:19:43 +0000 Had this one sent to me when the stimulus package was first announced. thought it was pretty stupid then too.

]]> 91c95e222895a667b24c8f839d69c7ff BMW replied to the topic IO on IP while still carrying PPOR mortgage? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407160-io-on-ip-while-still-carrying-ppor-mortgage/#post-4673994 Fri, 20 Jul 2012 00:36:56 +0000 If its your first property, its definately worth talking to a broker.  Don't fall into the cross collateralisation trap as Richard mentions above. been there done that, it's a nightmare to when it comes to number 2.

]]> dc327c2542a7641e658c4dee7434d58e BMW replied to the topic First bussiness to be sold at a loss!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4407004-first-bussiness-to-be-sold-at-a-loss/#post-4672757 Mon, 02 Jul 2012 23:59:00 +0000 Jpcashflow wrote:
Hi every one, We are in the process of selling our bussiness, unfortunately the bussiness has been for sales at 500k (this is what we owe) For about 6 months but in order to get a sale in this current climate we might need to take a 50k to 100k loss. Our bussiness is set up as family trust an my wife and I are only 28 so we can…[Read more]

]]> fd58f4aca38555ed39eaff7cc2a6f744 BMW replied to the topic Your Creative Investments (2012) in the forum Creative Investing https://www.propertyinvesting.com/topic/4406290-your-creative-investments-2012/page/2/#post-4667222 Tue, 05 Jun 2012 04:25:06 +0000 bricman wrote:
HiMy creative project was at the end of last year and well not so creative as some suggestions on this forum, it was to me.We bought a relocatable cabin for $16k along with all the costs involved to install on my IP site (TOTAL $36k) and we rent it out currently for $200 p/w along with the main house. A dual occupation project.The…[Read more]

]]> d41b921c320421ff43f8a3366a5012a9 BMW replied to the topic Window coverings in the forum Value Adding https://www.propertyinvesting.com/topic/4406734-window-coverings-2/#post-4671025 Mon, 04 Jun 2012 07:32:07 +0000 yep, my PM told me to stay away from Venetian and vertical blinds as they will never be cleaned by the tenants and are high maintenance.

]]> 4e3143de8102b21d337c632e73e8f3bd BMW replied to the topic Where to now? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406708-where-to-now-4/#post-4670854 Thu, 31 May 2012 08:35:26 +0000 We just bought in Dubbo. getting about 6.5% gross return without doing any work. hopefully we can lift it with a bit of TLC if the tenant ever moves out.The prospects look good with 1% rental vacancy and the prospect of 1000 new jobs in 2 new mines plus any indirect jobs over the next few years.Long term Wellington to me doesn't seem to be a…[Read more]

]]> 6a8759adf78e83b34833ca3aa6c6ab49 BMW replied to the topic How to hide sale details in the forum Help Needed! https://www.propertyinvesting.com/topic/4406669-how-to-hide-sale-details/#post-4670538 Mon, 28 May 2012 10:56:48 +0000 Apparently it is possible if you are a politician, for the plebs it's possibly different.

Quote:
Of the 20 townhouses, built by developers Brian and Garry Boyd, the purchase price of only two apartments in the block was not disclosed to land titles department. They were Mr Arbib's and Mr Roozendaal's.

]]> ab9ded8d038a47a119fdb38d245bb777 BMW replied to the topic Adding Equity Through Solar Panels? in the forum Value Adding https://www.propertyinvesting.com/topic/4406498-adding-equity-through-solar-panels/#post-4669062 Fri, 04 May 2012 05:17:06 +0000 Barry O'farrel tried to cut the tariff for existing installations but caved in to public pressure.  Cambell Newman might have more guts though ;).we have a 1.5KW system cost us $400 in total ($9000 by the tax payer), and havent paid a power bill for 2 years.  Doubtful if it has added any value to the house although solar systems are in some RE adds.

]]> af1c57338be4453e2f58a415ea8b4647 BMW replied to the topic Adding Equity Through Solar Panels? in the forum Value Adding https://www.propertyinvesting.com/topic/4406498-adding-equity-through-solar-panels/#post-4669060 Fri, 04 May 2012 04:45:03 +0000 The problem is your income is only possible due to government subsidies and rebates.  How long will these last?  Probably not long with a slowing economy and a general push back against green madness (thanks to the Carbon tax). In NSW new installations only recieve 20c per KW tariff down from 60c.  this also applies if a connection change…[Read more]

]]> bec304d19241461df81943572fcae85f BMW replied to the topic Anyone selling 'The complete renovation system' or renovation toolbox in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4404019-anyone-selling-the-complete-renovation-system-or-renovation-toolbox/#post-4650413 Thu, 26 Apr 2012 05:36:53 +0000 Also interested in the Renovation Toolbox or The Complete Renovation System. please PM me if anyone is interested in selling.cheers,Ben

]]> 170a42fa8a9d10aa867460ce744afcc0 BMW replied to the topic Researching an area in the forum Help Needed! https://www.propertyinvesting.com/topic/4406222-researching-an-area/#post-4666614 Wed, 04 Apr 2012 23:30:12 +0000 http://www.onthehouse.com.au/ is pretty good for sales and listing history, not complete but its free.

]]> 08c78da1c0b33fc3b7931f8684b10a21 BMW replied to the topic property management agent proposal - victoria - is it a good deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406229-property-management-agent-proposal-victoria-is-it-a-good-deal/#post-4666691 Tue, 03 Apr 2012 00:05:05 +0000 jadamo76 wrote:
BMW thanks. Can I ask how much your paying in letting fee? and is there a re-let fee attached?

we haven't signed any contracts yet but two weeks rent is the norm in this area.management fee is generally between 7-9% (so i have been told ;-))

]]> 27fd8f373b32b5740ec09d07449697fc BMW replied to the topic property management agent proposal - victoria - is it a good deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406229-property-management-agent-proposal-victoria-is-it-a-good-deal/#post-4666688 Mon, 02 Apr 2012 23:26:30 +0000 How many people with only 1 investment property get 5% plus GST for management fee?we will be getting 5.5% at family rates also in a regional area

]]> 84ecd4feb32e0a75eca6209ce19b4062 BMW replied to the topic The Folly of Median House Prices in the forum General Property https://www.propertyinvesting.com/topic/4406124-the-folly-of-median-house-prices/#post-4665824 Tue, 20 Mar 2012 00:29:13 +0000 Yep, I was looking at property online in Dunedoo, a small town in central west NSW. Was surprised the medium price was $220 000. Seemed a bit expensive, until I realised it was based on only one sale.

]]> 6821412dcb19da8f45dc24723a58a7f6 BMW replied to the topic Sewerage pipes ...help please. Want to build a granny flat in the forum Help Needed! https://www.propertyinvesting.com/topic/4406111-sewerage-pipes-help-please-want-to-build-a-granny-flat/#post-4665720 Mon, 19 Mar 2012 02:48:18 +0000 If the council is saying you can't build, then you most likely wont be able too.if the sewer pipe is your internal line to the main council line, you may be able to move this at a cost.if it is the council line, you have bucleys chance.  The drainage diagram should indicate the location of these, but you can also check the location of the c…[Read more]

]]> 0e4ec91275b246dd9fd64a6d25beb598 BMW replied to the topic Q.S. Report in the forum General Property https://www.propertyinvesting.com/topic/4370648-q-s-report/#post-4449699 Fri, 09 Mar 2012 04:30:39 +0000 Just bought a IP that was built in the late 70s. While the property is in good condition there doesn't appear to be any new renovation. ie kitchen, bathroom carpets, window coverings are probably about 10 years old.for this IP would it be worth getting a QS report?  i am thinking the depreciation on most items for tax purposes would be over and…[Read more]

]]> 11481eaf0698c7210e7ada05e01fbfc9 BMW replied to the topic Bought a house for $22,000 in NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4406044-bought-a-house-for-22000-in-nsw/#post-4665216 Wed, 07 Mar 2012 23:25:02 +0000 Well done Engelo. I have family in Coonamble, and just driving around recently I have noticed a lot more properties for sale.  Could have something to do with a new agent in town but I have also heard of one particular investor struggling to find tenants and also buyers.  But at $22K sounds like you found a good deal.

]]> c3880f0de1d9272465f4aade2352ec2f BMW replied to the topic Commission housing in Orange in the forum Help Needed! https://www.propertyinvesting.com/topic/4406029-commission-housing-in-orange/#post-4665162 Wed, 07 Mar 2012 12:04:48 +0000 You might want to check with a few local property managers, In Dubbo many of the property managers won't take on properties in  high density housing commission areas.

]]> 702d8e4e445953e3ddb85c499bf75fc0 BMW replied to the topic negotiating terms in the forum Help Needed! https://www.propertyinvesting.com/topic/4405973-negotiating-terms/#post-4664529 Tue, 28 Feb 2012 23:16:28 +0000 Thanks for your replies,Just wondering what options could be available.  I will definitely bring up the early access when I meet with my solicitor. After talking with family members involved in real estate, they have told me that vendors will only accept verbally (offer acceptance) if the purchasee is waiting on finance, while still…[Read more]

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