PropertyInvesting.com | Bofclark | Activity https://www.propertyinvesting.com/members/bofclark/activity/ Activity feed for Bofclark. Sun, 12 Apr 2026 03:34:15 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 b50d987637e5197a35dcc49c533a2270 Bofclark replied to the topic Where to buy? in the forum Help Needed! https://www.propertyinvesting.com/topic/5058770-where-to-buy-4/#post-5059174 Mon, 28 Oct 2019 11:29:23 +0000 No idea if the thread is gone but I still like the Hervey Bay area in Queensland purchasing property

]]> 68a272c870bb8da118bbbb830b456d8f Bofclark replied to the topic Deposit for my first home? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380881-deposit-for-my-first-home/#post-4520854 Sat, 25 Jun 2005 11:07:03 +0000 Yes. Ring the bank make an appointment and ask the bank manager if they will send in the paperwork to give you the loan. Just ask, all they can say is no; and if they say no is that going to kill you? most likely not. People go on and on with this is what the bank wants or this is what the bank is looking for when the easiest way to find out…[Read more]

]]> 2fb3a10a04637b77dd1515e31dc4fa0a Bofclark replied to the topic A spare 20k in the forum Help Needed! https://www.propertyinvesting.com/topic/4380474-a-spare-20k/#post-4517966 Sat, 28 May 2005 10:41:19 +0000 Hi. Wylie gives a lot of food for thought. One thing that I realised early was that I had to make my decissions and live with the consequences of those decissions. Oddly enough I found it very easy to live with negative consequences if I had made the decission that brought them about.
I know a man who all his working life said ” I’m working and…[Read more]

]]> feb5326e2fe7ee18dba8f58f96e592a0 Bofclark replied to the topic To Rent or to Buy? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380366-to-rent-or-to-buy-2/#post-4517254 Fri, 20 May 2005 11:46:17 +0000 I have to agree with notabrokeranymore. So long as you invest the money you are saving I think renting is a smarter idea.

]]> 67e859268f82d804e527bfe8a0ca1d75 Bofclark replied to the topic Brissie FA? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380351-brissie-fa/#post-4517153 Thu, 19 May 2005 11:04:57 +0000 Just my point of view but the best FA I ever found was me. Everyone else was trying to sell me a product, a particular share etc. I like knowing who I can blame for the stupid mistakes I make as well as who to say “well done” to when I make a good investment. Listen to everyone, be selective about who you trust and make your own decision

]]> 9b7b5726bc7d8bac35958a3d7a1211c7 Bofclark replied to the topic Where would you invest $420k ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380337-where-would-you-invest-420k/#post-4517049 Thu, 19 May 2005 10:53:56 +0000 I was going to give you a long reply about my experience in real estate over the last 26 years but decided not to. All I want to say is that I always purchased the best house as close to the CBD as I could afford. I would say “in twenty years time this will be prime real estate” and guess what, I was right. What I have found is that I had to…[Read more]

]]> 746e015793389d6e72deebe2874300ea Bofclark replied to the topic Equity Lending is a disgrace !! in the forum No Subject https://www.propertyinvesting.com/topic/4380251-equity-lending-is-a-disgrace/#post-4516288 Fri, 13 May 2005 17:17:01 +0000 I started out using other peoples money in 1979. I never considered that you could buy a house any other way until I started dating a very average lady who bought her first house for cash. She was employed as a registered nurse and saved this money over the years from her wages. Over the years I was continually impressed how this lady could go…[Read more]

]]> aa72e88a0df2a75e92c99cc036a75141 Bofclark replied to the topic Life Insurance in the forum General Property https://www.propertyinvesting.com/topic/4380258-life-insurance/#post-4516356 Fri, 13 May 2005 16:37:08 +0000 Insurance is one of those products that you can not buy when you need it. Only you can say if it is worth it for you. I found the least expensive way to buy life insurance was through the superannuation fund I have to contribute to.

]]> b735067a7a4fe496d5290acaa3379bba Bofclark replied to the topic The housing boom is back in the forum General Property https://www.propertyinvesting.com/topic/4380219-the-housing-boom-is-back/#post-4515922 Thu, 12 May 2005 13:48:36 +0000 Just a thought, this could be just a dead cat bouncing.

]]> 80d1d29f1bf020e23ab142d3d17e6558 Bofclark replied to the topic RE Agents do not work for vendor in the forum General Property https://www.propertyinvesting.com/topic/4380218-re-agents-do-not-work-for-vendor/#post-4515900 Thu, 12 May 2005 13:43:00 +0000 I am not a real estate agent but I have to ask the question, don’t you work for your own benefit. I have a simple rule, I call it rule number one. “If I don’t get paid I don’t turn up”. I expect that the agent is working for their benefit. Part of their job is to bring together my inflated expection of the value of my property with the reality…[Read more]

]]> e15c0dd4f96941e8d4cbc168466d054e Bofclark replied to the topic Qld solicitor whom KNOWS Lease Options in the forum Creative Investing https://www.propertyinvesting.com/topic/4380084-qld-solicitor-whom-knows-lease-options/#post-4514947 Wed, 11 May 2005 21:09:30 +0000 Queensland is a big place. Do you have a city or location that you want the solicitor to be close to or in?. I have always been very happy with the solicitor that we use in Brisbane. The firm is called Blake Topping located in Ashgrove Brisbane. A very professional firm I have no idea if the work with lease options. Only have a telephone…[Read more]

]]> 4da95798cf0b646fc0ff5605443e06d8 Bofclark replied to the topic Multiple investors on the one deal?? in the forum Creative Investing https://www.propertyinvesting.com/topic/4380207-multiple-investors-on-the-one-deal/#post-4515834 Wed, 11 May 2005 20:57:45 +0000 I would say get it all everything down on paper. Spend the time and money engage a solicitor and an accountant. Start as you intend to finish, be professional in your approach. It never ceases to amaze me how people can hear what you say, hear the words that you use and still have a different interpretation of what was said.

]]> 1209d294fa2eea925b5a5a687a762ade Bofclark replied to the topic Business Idea Help in the forum Creative Investing https://www.propertyinvesting.com/topic/4379653-business-idea-help/#post-4512128 Wed, 11 May 2005 20:50:19 +0000 A friend of mine went to a TAFE college here in Brisbane an did a short small business course. It seemed to be pitched at people ,like yourself, who were just starting out in small business. I would suggest that you start at TAFE

]]> 32f33d42cd3fa70e990404652f385446 Bofclark replied to the topic Termite damage in the forum Help Needed! https://www.propertyinvesting.com/topic/4380206-termite-damage/#post-4515825 Wed, 11 May 2005 20:43:20 +0000 Living in Queensland as I do I am use to Termite damage. If I were intending to demolish the property in 10 years and the building report was good then I would go with the treat the termite problem fix the cosmetic damage and do the deal. I have to think that any building inspection should find major structural problems and if they have not the…[Read more]

]]> f6b085700d6d6bc623915ac32d7b9dc0 Bofclark replied to the topic How to get wallpaper off??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380202-how-to-get-wallpaper-off/#post-4515789 Wed, 11 May 2005 08:15:45 +0000 Hi I have removed wallpaper very easily by getting a bucket of warm water, add a cap or two of wool mix to the water. Next peal the top ply of wall paper off the wall. In my experience this peals away very easily and you are left with the glued plain paper on the wall. Get a sponge, soak it in the buket of water and wool mix and liberally apply…[Read more]

]]> 8208e9cda5406e1fb16865001f231def Bofclark replied to the topic agent not presenting vendor with offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4380188-agent-not-presenting-vendor-with-offer/#post-4515678 Tue, 10 May 2005 12:42:59 +0000 A real estate agent did not turn up to let me in to look at a house that I was interested in. I was not surprised by this. His first remarks to me when I rang to ask for an inspection of the property were something along the line of ,it’s a pointless exercise because the vendor is nuts and wants to much for the place’. I told the agent that I…[Read more]

]]> 97383a0a93114bf6c9d5f7285b8c00e9 Bofclark replied to the topic Prices falling- Should I wait or should I buy? in the forum General Property https://www.propertyinvesting.com/topic/4380162-prices-falling-should-i-wait-or-should-i-buy/#post-4515503 Tue, 10 May 2005 12:25:12 +0000 When I was a younger man in my 20’s my father said something that I have never forgotten and always found to be true. He said “son there is no such thing as the last best buy.” . I have found that there has never been a time when there has not been a property I wanted to buy. There are always good buys and bargains to be had. Today you have to…[Read more]

]]> 74dc2f71d31e61bd11c60e858f0870fc Bofclark replied to the topic Is it still possible? in the forum General Property https://www.propertyinvesting.com/topic/4380168-is-it-still-possible/#post-4515574 Tue, 10 May 2005 12:09:36 +0000 Making money in real estate is not just buy, rent and hold. Today you have to find a market and supply that market with a solution to their problem/need, matching properties to people’s needs. You get your profits through cash flow or by selling. There are always deals and profits to be made; today you have to look at what need or problem out…[Read more]

]]> e11123b6b7db134e1b8fe10d7621184c Bofclark replied to the topic Ordinary Investors Q & A in the forum General Property https://www.propertyinvesting.com/topic/4380083-ordinary-investors-q-a/#post-4514939 Mon, 09 May 2005 10:20:35 +0000 My worst mistake was falling for the idea “wouldn’t it be fun the do up an old Queenslander”. I bought an old house that was literally falling off it stumps,facing west and located on the busiest road in Queensland. If there was a mistake to be made in real estate I made it in that house. This turned out to be one of the best things I did.…[Read more]

]]> 0216064512b4dc13a222cbca470d8936 Bofclark replied to the topic How RICH ! Do You Want To Become ? in the forum General Property https://www.propertyinvesting.com/topic/4376244-how-rich-do-you-want-to-become/page/6/#post-4491454 Mon, 09 May 2005 09:57:59 +0000 Hi all
When I was 22 years old I had a mortgage, a job and a future all mapped out. Three months later I had a mortgage, no job and was enrolled full time at uni. Shortly after this my clothing began to wear out and I was 22 years and four months old with a mortgage, no job, wearing my gandfathers hand me down coats and trousers ( I had my own…[Read more]

]]> bb4876e95914e5f78028f311d5b552c4 Bofclark replied to the topic What would you have done? in the forum General Property https://www.propertyinvesting.com/topic/4370479-what-would-you-have-done/page/3/#post-4448269 Mon, 09 May 2005 09:08:09 +0000 Hi all
One thing that I have learnt over the years is that people in a professional group talk to one and other about the clients they deal with. The good, the bad and even the ugly. It does not matter that they work for a different firm they still talk to each other. The last thing that you want to do is bite the hand that feeds you,…[Read more]

]]> 5cd229696cbce3c332bb7ced19020532 Bofclark replied to the topic Enthusiasm in the forum General Property https://www.propertyinvesting.com/topic/4380127-enthusiasm/#post-4515289 Sun, 08 May 2005 05:13:33 +0000 Hi Byron Sam. I’m new to this forum and admitted freely that I do not know all the jargon. Would please explain what is a “risk downside of over 40%”.
Regards Bofclark

]]> 1575046e33ca7fd27152cd83861545bc Bofclark replied to the topic WHICH SEMINAR in the forum Heads Up! https://www.propertyinvesting.com/topic/4379712-which-seminar/#post-4512467 Sat, 07 May 2005 23:54:07 +0000 I also went to the MasterClass in Brisbane. Thought the day was great for people starting out and also had information that was new to me and that I will benefit from. I would just say that education is important but can be a comfort zone. You have to get into the game to make it pay. All the best to you and your future investing

]]> f66c6ad3deaa52da9a6c0f351cbd4755 Bofclark replied to the topic getting your first loan in the forum No Subject https://www.propertyinvesting.com/topic/4380121-getting-your-first-loan/#post-4515246 Sat, 07 May 2005 23:23:23 +0000 Only one way to find out; ask a lender such as a Mortgage Broker or bank. I was 18 years old when I got my first mortage with my brother for our first home. Age should not stop you if the bank accrpts the risk of the deal.

]]> f7ec6f34c916f0cd89dfe24e93e6fb4e Bofclark replied to the topic Accountant in QLD in the forum Help Needed! https://www.propertyinvesting.com/topic/4380112-accountant-in-qld/#post-4515198 Sat, 07 May 2005 23:02:51 +0000 Hi Yesterday I attended MasterClass in Brisbane. I had a brief chat with Mark Unwin. Mark is a chartered accountant in Victoria and presenter at the MasterClass. I would have no problem having an accountant in Victoria. Today we have the internet and all you need to do is talk with your accountant. I value the professional services of someone…[Read more]

]]> d72b3093cda9b0f36cd4c288f70add63 Bofclark replied to the topic What do you think of this idea in the forum Creative Investing https://www.propertyinvesting.com/topic/4375516-what-do-you-think-of-this-idea/#post-4486811 Sat, 07 May 2005 22:39:34 +0000 Hi ridi,
I think that your idea has legs. One of the ways to make a loss from property is to have it stand vacant. Vacancy is death. I have always tried to look after the tenant. Be prompt in dealing with their requests for repairs and adding small items such as sensor activated door lights. One of my properties I have had for ten years. In…[Read more]

]]> 3f4f2952f7c01806ee7f7a3d721fc646 Bofclark replied to the topic Bank Loans in the forum Finance https://www.propertyinvesting.com/topic/4380115-bank-loans/#post-4515206 Sat, 07 May 2005 13:12:31 +0000 Hi Kid

Best thing I ever did was find a bank manager who seemed to have confidence in what I said I wanted to do. This bank manager helped me be creative when seeking money to finance yet another property. Talk to the bank manager ask them what they want to see from you in order to loan you money. I think it is more important to find the right…[Read more]

]]> 90a41276724132acb3c6cf7121f56a5d Bofclark replied to the topic Student accommodation/Rooming houses in the forum Value Adding https://www.propertyinvesting.com/topic/4379709-student-accommodationrooming-houses/#post-4512440 Sat, 07 May 2005 12:54:36 +0000 I am currently renovating a house to accommodate students in order to rent it by the room. I have a friend/business partner who has his place up and running and is very happy with the returns. Much better than the rent he was getting when it was rented as a house to students. The best advice is to manage your property. Interview and select the…[Read more]

]]> 508e7c23047337624066bd024db6507c Bofclark replied to the topic Thoughts on this deal in the forum Help Needed! https://www.propertyinvesting.com/topic/4380101-thoughts-on-this-deal/#post-4515068 Sat, 07 May 2005 11:51:05 +0000 Sounds to good to be true. Why not offer the tenant $50.00 to show you his recent rental receipts to confirm the rent. You could also ask them if they are happy to stay and how long they have been renting the property. If the figures are correct buy both.
Happy investing regards Bofclark

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