PropertyInvesting.com | byronent | Activity https://www.propertyinvesting.com/members/byronent/activity/ Activity feed for byronent. Mon, 13 Apr 2026 02:43:10 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d75f62f439820368017cf4373b2f1e27 byronent replied to the topic 105% Tax deduction in the forum Help Needed! https://www.propertyinvesting.com/topic/4388950-105-tax-deduction/#post-4564517 Mon, 19 Mar 2007 13:29:58 +0000 Get a new accountant.

]]> fe99f673434b9d7dee4149ff361ef8bd byronent replied to the topic line of credit in the forum Help Needed! https://www.propertyinvesting.com/topic/4388947-line-of-credit-12/#post-4564513 Mon, 19 Mar 2007 10:52:13 +0000 If you took a Line Of Credit over your property and they offered you 80% loan to value ratio.
So based on your property $260k the Line of Credit of 80% would total $208k.
From what you said, you already owe more than that so I don’t think you would have much luck obtaining a line of credit.

You would have to either increase the value of your home…[Read more]

]]> 7221e7d8d5568c962eab815d7c5d11ad byronent replied to the topic borrow money from ppl in the forum No Subject https://www.propertyinvesting.com/topic/4388932-borrow-money-from-ppl/#post-4564433 Mon, 19 Mar 2007 09:37:14 +0000 If you are offering good security, let me know the deals, my mates and I are always into lending money with good returns.

But solicitors are the only way to go, protect both parties with a contract and security documentation.

We never lend unsecured. NEVER!!!

]]> 60fc2234afbe4d4c2a780464ecf18e51 byronent replied to the topic SMSF investing with a self managed super fund in the forum Help Needed! https://www.propertyinvesting.com/topic/4388943-smsf-investing-with-a-self-managed-super-fund/#post-4564495 Mon, 19 Mar 2007 08:06:21 +0000 Or you can find a very cheap property to purchase.

]]> fd684be1d4afbd895a8edb00a395575b byronent replied to the topic Sub Dividing in the forum No Subject https://www.propertyinvesting.com/topic/4388938-sub-dividing-3/#post-4564474 Sun, 18 Mar 2007 14:02:02 +0000 I use a surveyor that also is a development consultant. He surveys my blocks and quotes what all costs will be. Very cost effective and works for me.

]]> 18522f401849773ea752abd7418ac45a byronent replied to the topic Residential Agency Agreement in the forum Help Needed! https://www.propertyinvesting.com/topic/4388898-residential-agency-agreement/#post-4564275 Sun, 18 Mar 2007 13:41:27 +0000 IN SA there is no lease letting fee, I had agents in NSW and they used to charge that fee to the tenant. AS for the agents fee 8.8% including GST doesn’t sound steep provided most things are incorporated in that. The only other fee I usually pee other than a management fee is one week letting fee when they get me a new tenant, and advertising at…[Read more]

]]> 250032e9cd504caf75c2231140ca8cf1 byronent replied to the topic Should I invest in negative cashflow property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388914-should-i-invest-in-negative-cashflow-property/#post-4564360 Sun, 18 Mar 2007 13:25:18 +0000 HI Poch Poch,

All I can say is from your statement are you trying to tell us that a positive geared property doesn’t increase in value and hence has no capital gain value?

If I was earning 2000 extra a year instead of losing 2000 a year on a property I would be using that to take my next step. The funds can be used to either pay down your loan…[Read more]

]]> 57aa63b977605b3b0b55bb9a363f66b1 byronent replied to the topic Property investment 2007 in the forum No Subject https://www.propertyinvesting.com/topic/4388937-property-investment-2007/#post-4564465 Sun, 18 Mar 2007 13:16:15 +0000 I would offer 15-20% less and take a risk, but only after I have checked rental returns in the area and asked a few other agents in the area about that property. They may have had it on their books prior and know what the problem is.

Goodluck

]]> c39246a480a0428526b1727b510192d0 byronent replied to the topic company,trusts or private buying? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388745-companytrusts-or-private-buying/#post-4563662 Sun, 18 Mar 2007 12:46:30 +0000 I use the following

Corporate trustee being a Pty Ltd company that you are the director of.

Family or Discretionary Trust

Beneficiaries would be you , your kids and another company that you are also director of.

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