PropertyInvesting.com | Burlboy | Activity https://www.propertyinvesting.com/members/burlboy/activity/ Activity feed for Burlboy. Mon, 13 Apr 2026 13:56:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d330d0b7ba430c681c7f8957aefff30d Burlboy replied to the topic Can I offset interest repayments on a vacant rural investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393105-can-i-offset-interest-repayments-on-a-vacant-rural-investment-property/#post-4586411 Sun, 04 May 2008 10:58:49 +0000 Thanks all for your advice, very helpful!    The property is owned equally by my brother, father and myself.  Technically, it is a vacant lot, and the Council treats it as such by charging Vacant Rural Rates($2,800/yr, twice that of non-vacant)…but it has a very old Settlers Cottage on it that is outside the gazetted building envelope of 1 acr…[Read more]

]]> 2aeebdbae24bd77c680f47256b71ea35 Burlboy replied to the topic Development Dilemma...help needed!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4391367-development-dilemma-help-needed/#post-4576863 Mon, 05 Nov 2007 04:57:16 +0000 Hi Scott,I was initially told by surveror that, without deep sewer, I could only subdivide into 2000m2 lots, or bigger!This is what I have always understood to be the case too…but a subsequent search of the relevant Town Planning Scheme indicates that YES it is possible to subdivide into smaller than 2000m2 lots without deep sewer!I then rang…[Read more]

]]> a953ba231fa1c0fe311dd2ca0c7ee088 Burlboy replied to the topic Heres a curly one 4 ya!!! in the forum Finance https://www.propertyinvesting.com/topic/4388721-heres-a-curly-one-4-ya/#post-4563577 Mon, 19 Mar 2007 15:19:23 +0000 The first option sounds good, but it would have to be NO-DOC, as I have no ABN, GST rego or proof of income!
Margin loan against portfolio no problem! (more if needed?)
Little or no early exit fees are also pretty important for me.
U think theres anything u can do???

Jim

]]> 96bb1b0723bb38ae95a3331dd8f50e86 Burlboy replied to the topic Heres a curly one 4 ya!!! in the forum Finance https://www.propertyinvesting.com/topic/4388721-heres-a-curly-one-4-ya/#post-4563575 Mon, 19 Mar 2007 11:53:18 +0000 Thanks for the responses!
So I know I have the equity…but proving my income is another thing!
I have been a day trader(shares) for 18 months now, and basically just take income when I need it. I find that works the best tax/savings wise…but not so good when getting a loan!
I have a 10% deposit, and Im willing to sign a stat dec, OR WHATEVER,…[Read more]

]]> 2eee66ee5de8f7026e6aa0b238806005 Burlboy replied to the topic Heres a curly one 4 ya!!! in the forum Finance https://www.propertyinvesting.com/topic/4388721-heres-a-curly-one-4-ya/#post-4563573 Sat, 03 Mar 2007 13:14:28 +0000 Bunbury is a port city, 200 km south of Perth in WA. There is
HEAPS of new developments and investment going on in the area, and capital growth is great(30%+in06). The suberb I am interested in is Carey Park. It is 2km from both Bunbury CBD, and the beach.
The zoning is R30(av lot size 333m2), and most of the blocks are 700m2+!
You can still get…[Read more]

]]> e02883b7967c405451c402410dd81b60 Burlboy replied to the topic Development Finance in the forum Creative Investing https://www.propertyinvesting.com/topic/4386337-development-finance-2/#post-4552334 Thu, 03 Aug 2006 04:58:18 +0000 Thanks Richard for your advice.
I own the block outright. [strum]

]]> 6acf6946998c73da72a1e699793576bf Burlboy replied to the topic Accessing Equity in the forum Finance https://www.propertyinvesting.com/topic/4382347-accessing-equity-4/#post-4530426 Wed, 21 Sep 2005 03:30:58 +0000 Thanks 4 your quick responses Richard and Indigo!
We do have SOME income. Brother earns $60k/pa but has just had his second child, hence Mrs out of action 4 a while. He also has PPOR loan of $120k, but has $140k equity in his house. I am disabled, but have equity of $150k block in Augusta, $100k of timber slabs n burls, and 12 unit site in…[Read more]

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