PropertyInvesting.com | Bronte | Activity https://www.propertyinvesting.com/members/bronte/activity/ Activity feed for Bronte. Mon, 13 Apr 2026 09:37:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 52b8a7a54916f2677083db706115a0cd Bronte replied to the topic QBE LMI Refunds? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398542-qbe-lmi-refunds/#post-4615855 Fri, 29 Jan 2010 06:44:19 +0000 Qlds007 wrote:
Depends on who the lender is these days it could be Nil.

Hmmm….the broker has previously indictated the lender (which is BankWest) will give a partial refund within 12 months.B x

]]> 34c0a77d8d45343775160e909f3a7073 Bronte replied to the topic Renting a property from the vendor before settlement date? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397919-renting-a-property-from-the-vendor-before-settlement-date/#post-4611956 Sat, 28 Nov 2009 04:50:54 +0000 Phew….vendor is happy to settle earlier….now it is just up to how quickly the bank/conveyencers can get things happening…..*sigh* …if only these things could be done in 24 hours!!!!B x

]]> 761ec21a5aa8b4ef7c34045a3d0a0065 Bronte replied to the topic Renting a property from the vendor before settlement date? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397919-renting-a-property-from-the-vendor-before-settlement-date/#post-4611954 Fri, 27 Nov 2009 02:10:34 +0000 Great…thanks for that!All appears to be confirmed…after initial delays with finance….so settlement was put back a bit…….Will speak to the legal eagles!Thanks!B x

]]> e62fbf4ac359d0cba091ad1d59e7b0d5 Bronte replied to the topic LVR calculations - how to do it on a second property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397546-lvr-calculations-how-to-do-it-on-a-second-property/#post-4610373 Sat, 17 Oct 2009 23:45:15 +0000 Thanks Nicholas:That does help….I am also trying to plot out how the LVR formula works – step by step – so I can run various scenarios and work out what comes in below the need for LMI…..B x

]]> 102b1f8ca6e140a8cc4e6affe8dd6111 Bronte replied to the topic Purchasing PPOR with looong settlement & renting from vendors during settlement? in the forum Finance https://www.propertyinvesting.com/topic/4397544-purchasing-ppor-with-looong-settlement-renting-from-vendors-during-settlement/#post-4610368 Sat, 17 Oct 2009 03:31:21 +0000 Actually, we have found another property that would fit the bill, and explained a bit of the situation to the agent who said a possible rental/long settlement is very much a possibility to the vendor depending on the offer made – it was their PPOR then an investment property and is currently vacant….they are selling up properties *allegedly* a…[Read more]

]]> b36448a4791e0a8866d22f1e11586f6e Bronte replied to the topic Need to buy PPOR – cash deposit problem in the forum Finance https://www.propertyinvesting.com/topic/4397479-need-to-buy-ppor-cash-deposit-problem/#post-4610118 Wed, 14 Oct 2009 02:00:40 +0000 Ughhh!I am guessing by the tumbleweeds blowing along this thread that things are more grim than I imagined!Trying to find info on bridging loans – plenty mentioned here but having trouble finding mention of the actual institutions used.St George relocation loan idea turned out to be a bust as although current mortage is under the 80% LVR, the 2nd…[Read more]

]]> d3c96e9ff31b055d82c7bbaa54fa5bed Bronte replied to the topic Need to buy PPOR – cash deposit problem in the forum Finance https://www.propertyinvesting.com/topic/4397479-need-to-buy-ppor-cash-deposit-problem/#post-4610117 Tue, 13 Oct 2009 10:29:41 +0000 duckster wrote:
See if you can get bridging finance if you are selling the PPOR property. You may find interest rate is higher but it may help with the timing problem.

Thanks Duckster!I would have thought the cost of bridging finance would be higher than that of the likes of the St George relocation loan….I am happy to be corrected though!B x

]]> 28abd3319fc0a8aa11307248202dbfbb Bronte replied to the topic Need to buy PPOR – cash deposit problem in the forum Finance https://www.propertyinvesting.com/topic/4397479-need-to-buy-ppor-cash-deposit-problem/#post-4610115 Mon, 12 Oct 2009 02:14:15 +0000 Oh….I should add, yes we would sell the property in the previous town in a heart beat….it was never intended as a rental property, the only reason we didn't put it on the market at the time of moving was because the market was so flat – agent evaluations were quite low – but that has all changed now, with agent estimates more hopeful.Only…[Read more]

]]> b4e0cd390642d5512839aadf32aeab5c Bronte replied to the topic St George relocation loan? in the forum Finance https://www.propertyinvesting.com/topic/4397490-st-george-relocation-loan/#post-4610154 Mon, 12 Oct 2009 01:53:54 +0000 Yes…..have a current property to sell…..B x

]]> 442a462421612df3934128b655d45024 Bronte replied to the topic Need to buy PPOR – cash deposit problem in the forum Finance https://www.propertyinvesting.com/topic/4397479-need-to-buy-ppor-cash-deposit-problem/#post-4610114 Sun, 11 Oct 2009 00:29:20 +0000 Hmmm……Interesting, thanks guys!I should mention that the current mortgage is with ING.Oh boy, we really would like to purchase and avoid renting again!Thanks!B x

]]> bfcad366c469fa53c62b7e2f52b30142 Bronte replied to the topic Rough estimates for cost painting and floor polishing? in the forum Value Adding https://www.propertyinvesting.com/topic/4397351-rough-estimates-for-cost-painting-and-floor-polishing/#post-4609481 Sun, 27 Sep 2009 06:45:53 +0000 Hey thanks gmnicho…I appreciate your response!Even at your very lowest estimate of 25k – you think it would be that much to paint internally, paint externally and repolish floors….so at least 8k for EACH of the three jobs? That is before looking at possible re-stumping or re-wiring??I knew getting things done professionally would cost a bit -…[Read more]

]]> 62d5aa5f0a31e7c80b57e396b89c0d9f Bronte replied to the topic Mortgage exit fees and subsequent mortgages in the forum Thanks RIchard! Er...yes, https://www.propertyinvesting.com/topic/4397072-mortgage-exit-fees-and-subsequent-mortgages/#post-4608328 Tue, 25 Aug 2009 02:13:06 +0000 Thanks RIchard!Er…yes, certainly am asking a lot of questions…trying to finally get smart about this whole business.I am currently waiting a call back from the mortgage lender to get some details regarding portability of the loan.Yes, the plan is to sell property A before purchasing property B….and yes, I understand that additional finance…[Read more]

]]> 3da971eb42213abbb01075fc8fe60bfa Bronte replied to the topic Attending inspections by owners/real estate agents of occupied IP in the forum Thanks everyone! We have https://www.propertyinvesting.com/topic/4395925-attending-inspections-by-ownersreal-estate-agents-of-occupied-ip/#post-4602066 Fri, 10 Apr 2009 03:12:28 +0000 Thanks everyone!We have decided not to attend.Initially we went with this PM as that is all they do – manage properties – no real estate sales. But it has kind of back fired as they seem rather pedantic. The 120+ condition report jpegs of the property should have warned us – separate photos of the phone book, the spare light bulb for the WIR, and…[Read more]

]]> 9891ab0c5516e5eb2d937d7ce095711f Bronte replied to the topic Ideas needed - desperate would-be seller in the forum General Property https://www.propertyinvesting.com/topic/4391836-ideas-needed-desperate-would-be-seller/#post-4580066 Thu, 10 Jan 2008 01:12:44 +0000 Hey Mal111:Thanks for your interest…I have decided to spend the next few weeks finishing my emptying out of the place – as a lot of my stuff is stored there. So by the close of January I should be ready to show it to agents of any interested parties….That is my deadline, and I am doing my best to stick to it!B x

]]> 0ec70d062d8fbe028501805f2076dd87 Bronte replied to the topic Ideas needed - desperate would-be seller in the forum General Property https://www.propertyinvesting.com/topic/4391836-ideas-needed-desperate-would-be-seller/#post-4580064 Tue, 08 Jan 2008 01:23:55 +0000 Hey, thanks everyone – I didn’t think they’d be so many people with such varied ideas….I didn’t want to bore with too much detail in my original post, but as everyone is coming up with good stuff, here is some more detail:  Okay, I am ashamed of the figures. Purchased late 2005 for 85k with not much less than that owing now.  Mortgage further com…[Read more]

]]> 2ab34dc557fb91d72328aa9cda1d0f4f Bronte replied to the topic Renovating smaller properties for smaller profits? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390970-renovating-smaller-properties-for-smaller-profits/#post-4574937 Mon, 01 Oct 2007 10:40:18 +0000 Hi Marc and AlleyKat:Oh I know you mean really well….and I can see how what you are saying would work – if done by anyone else! Sure I am willing to put my back in by doing cleaning up work, but doing the actual improvement work – well that is a different matter….and I am the more handy member of my relationship.After years as a tenant I am…[Read more]

]]> 055c6e3fbfb78beccf3b530d39051ba0 Bronte replied to the topic Our first reno project in the forum Value Adding https://www.propertyinvesting.com/topic/4389796-our-first-reno-project/page/13/#post-4568691 Sun, 30 Sep 2007 05:48:27 +0000 Dear Jase & Flic:Good on you for your success and thanks for providing the detailed look into your adventures. This is really useful stuff!I am still working though the numeorus posts of the thread….so in case it hasn't already been answered – may I ask a rude question?What do you calculate your renovation costs would have been had you not been…[Read more]

]]> a4a125667b668020314d45ec4b517d31 Bronte replied to the topic Renovating smaller properties for smaller profits? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390970-renovating-smaller-properties-for-smaller-profits/#post-4574934 Sun, 30 Sep 2007 04:34:33 +0000 AlleyKat:It sounds like you are in a great position no matter which way you go! I envy you!My own situation is a mess. I am plagued by regret and indecision:A few years ago I bought what was to be my PPOR in rural Vic – a 40yo ex-railway house – for mid 80k. Although it needed work, the surveys showed it to be a solid 3br aluminum clad house. It w…[Read more]

]]> 81f0de74fa6b535c30272d8f30134ee0 Bronte replied to the topic First meeting of "Renovators Who Are Not Tradies Anonymous" in the forum Value Adding https://www.propertyinvesting.com/topic/4390980-first-meeting-of-renovators-who-are-not-tradies-anonymous/#post-4575001 Sun, 30 Sep 2007 03:50:21 +0000 Do we need to show our suture scars to be admitted?What are the costs of meetings?Where can I buy the book and the DVDs?Where do I log in for the podcast?Will there be an educational bus tour for newbie members?When will the committee be elected?Bronte x

]]> e7a6ae96afee7b62a266bf2b863b8aaf Bronte replied to the topic Trusts - where and how do I find out more in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4390972-trusts-where-and-how-do-i-find-out-more/#post-4574954 Sat, 29 Sep 2007 15:09:22 +0000 Terryw wrote:
There is heaps of info out there.Books:Trust Structure Guide 2007 – costs about $300, written for accountants. you may find it in a uni library

Can be purchased directly from CCH at;http://www.cch.com.au/fe_ps_details.asp?product_id=5019&itemcode=34155A&bhcp=1Bronte x

]]> 0d5c0fd1f59202f8c8547f99197dcedd Bronte replied to the topic Renovating smaller properties for smaller profits? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390970-renovating-smaller-properties-for-smaller-profits/#post-4574932 Sat, 29 Sep 2007 12:15:42 +0000 Hi AlleyKat:I can see you are absolutely right.Good on you for your good purchase and great work to improve the property.What are your plans now? Do you plan to keep this as your PPOR and purchase other properties to improve?Bronte x

]]> 25111e7b1511ebe18a458418c7c483e8 Bronte replied to the topic Bit depressed about buying privately and DIY in the forum Value Adding https://www.propertyinvesting.com/topic/4390974-bit-depressed-about-buying-privately-and-diy/#post-4574965 Sat, 29 Sep 2007 11:26:19 +0000 I say good on anyone who can do that! Thing is, I although I understand the bottom line is about making money…..I really love renovating houses. Giving something neglected and unloved some dignity back is a driving force for me. This endeavour needs to be really enjoyable for me to devote my time to. If it was entirely about making deals or co…[Read more]

]]> 58449bfd0c39885c6aeb9150fd293998 Bronte replied to the topic Renovating full time? in the forum Value Adding https://www.propertyinvesting.com/topic/4390106-renovating-full-time/page/2/#post-4570144 Sat, 29 Sep 2007 10:49:29 +0000 chpropdev wrote:
Hello,I am a full time renovator and I'm not a tradie – and this is my first meeting of "Renovators Who Are Not Tradies Anonymous".  Maybe Crashy could be my mentor.  Christ, I'm dying for a drink… maybe I'm at the wrong meeting?***Tee hee……you're funny, Andy! When are you going to offer your own seminars? I'd sign up fo…[Read more]

]]> dc3db76b5c10e2e54202a439cb450316 Bronte replied to the topic Renovating smaller properties for smaller profits? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390970-renovating-smaller-properties-for-smaller-profits/#post-4574930 Sat, 29 Sep 2007 03:24:22 +0000 Marc & Stumunro:This is good…this is really good info…I am reading all I can, and am slowly starting to see a few things more clearly.I really appreciate your comments.Thanks,Bronte x

]]> 7c539ec4fc5c6e7974548fa01fbc9ff9 Bronte replied to the topic Structuring the renovation business? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390956-structuring-the-renovation-business/#post-4574884 Fri, 28 Sep 2007 00:08:00 +0000 Thank you both Linar and Terryw:This is very useful information. This forum is great!BTW we are in rural Victoria – but would travel for the services of a great accountant!Thanks again!Bronte x

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