PropertyInvesting.com | carpe_diem | Activity https://www.propertyinvesting.com/members/carpe_diem/activity/ Activity feed for carpe_diem. Mon, 13 Apr 2026 16:37:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d81ecf9abe93b2436bd7e946df88b0d7 carpe_diem replied to the topic Hold or Sell in the forum Help Needed! https://www.propertyinvesting.com/topic/4410740-hold-or-sell-3/#post-4699500 Sat, 22 Feb 2014 04:15:22 +0000 Thanks Nigel for your comments.  I have replied to an earlier post which provides my property equity status.  You make good points and I am sure that it is best I hold on to this property as it still has significant growth potential as like all my properties are sitting on land close to the city.  My understanding is though that CGT is…[Read more]

]]> 9b4d496d349e3bf1fc63515154655fa7 carpe_diem replied to the topic Hold or Sell in the forum Help Needed! https://www.propertyinvesting.com/topic/4410740-hold-or-sell-3/#post-4699499 Sat, 22 Feb 2014 03:43:00 +0000 Thanks Catalyst……I am now late 50's and my financial goals was always property wealth as a single dad.  I have a loan of $1m on the 5 investment properties worth $4m and my home also on a redevelopment site is worth $1.3m unencumbered. As I have implied why I'm in two minds on what action to take is because I think I have achieved my financial…[Read more]

]]> 45cdb6b0b2476c05277785b3952d4335 carpe_diem replied to the topic 9.7% nett in rural area in the forum Commercial Property https://www.propertyinvesting.com/topic/4399353-9-7-nett-in-rural-area/#post-4620953 Mon, 19 Apr 2010 12:29:10 +0000 Scott No Mates wrote:
Rates of return on commercial property vary widely ie I'd be expecting around 12-13%+ net for rural industrial property whereas it would be slightly less for retail (9-10%+) and somewhere inbetween for office space.You will need to pay some consideration to the size of the property (nett lettable area) and hence the net…[Read more]

]]> f8403e43776e5c1c42e9262439d898a1 carpe_diem replied to the topic Motel Investment in the forum Commercial Property https://www.propertyinvesting.com/topic/4396914-motel-investment/#post-4607307 Tue, 08 Dec 2009 10:40:15 +0000 HI "the Crest"The returns seem good for a freehold but I get the feeling that it might be difficult to sell down the track…..I think you yourself might be experiencing this.  Have the capital gains for a freehold motel been on a par with other commercial or indeed residential gains?  Whilst the cash flow for a rock solid residential investment i…[Read more]

]]> 925145d847c4c1b49af28ba265e124c2 carpe_diem replied to the topic Motel Investment in the forum Commercial Property https://www.propertyinvesting.com/topic/4396914-motel-investment/#post-4607303 Fri, 27 Nov 2009 03:39:11 +0000 Hi "The Crest"….you have given me some useful advice on another posting to do with my buying shops and factory.  I note you are experienced in motels and wondering if I might be better off investing in this area.  I'd be happier to have a single leaseholder and receive a good return for my investment.  I think I noted somewhere you said the ca…[Read more]

]]> 3d7f9668b6a91f2de49fabc88de2064d carpe_diem replied to the topic Freehold commercial Investing in the forum Commercial Property https://www.propertyinvesting.com/topic/4397872-freehold-commercial-investing/#post-4611705 Fri, 27 Nov 2009 03:25:16 +0000 Thanks again for comments.  "Scott NO Mates" it is good advice and something I will definitely do.  If the lease backer decides to jump ship after a year would he not only do this if he 'sells" his business……it must have quite a bit of value although perhaps he can just transfer the business to another shop?  Sorry, this is probably a naive qu…[Read more]

]]> 054531bf154ce09a2f3c0a7d7709ec17 carpe_diem replied to the topic Freehold commercial Investing in the forum Commercial Property https://www.propertyinvesting.com/topic/4397872-freehold-commercial-investing/#post-4611703 Wed, 25 Nov 2009 23:50:02 +0000 Thanks for feedback guys….all very helpful.  In terms of your comments "thecrest",  I would not purchase unless the net income is above 8% of the purchase price plus all costs.  The seller is well respected in the town and it looks they're selling the freehold as I suspect there are family reasons following the death of a key family member an…[Read more]

]]> 52d6dd5aba80ddfa68be35ec9a4b5505 carpe_diem replied to the topic First time commercial property investor in the forum Commercial Property https://www.propertyinvesting.com/topic/4396351-first-time-commercial-property-investor/page/2/#post-4604649 Sat, 21 Nov 2009 03:35:32 +0000 god_of_money wrote:
I would rather invest in Westfield Trust… 8-9% yield.CP is very risky type of investment… just becareful

In another post I have discussed my intention to enter into commercial investments for the first time.  I was feeling confident about it until I read this post about the dangers.  I can get a freehold for around $1…[Read more]

]]> 0e8954c62b6fecb1c658ac64bccc7a18 carpe_diem replied to the topic Freehold commercial Investing in the forum Commercial Property https://www.propertyinvesting.com/topic/4397872-freehold-commercial-investing/#post-4611699 Sat, 21 Nov 2009 02:42:57 +0000 Thanks ……yes I realise there will be lots to do pre buy and  thanks as I had not thought about some of what you have said….  to me the return on an investment is the most important….low return and low capital gain prospects rules out any further consideration on a buy.  There are 4 shops, factory for producing the items for one shop (and…[Read more]

]]> 03721a3d24ea1107e7a0536f14d797a0 carpe_diem replied to the topic Property Development and Borrowing in the forum Value Adding https://www.propertyinvesting.com/topic/4394706-property-development-and-borrowing/#post-4595555 Thu, 16 Apr 2009 12:52:51 +0000 Thanks Yorkie and Kum YinThis site is so amazing ….so many generous people with their time, ideas and support…..most of the people around me in life somehow seem to be so busy busy busy they don't seem to have time to do anything for anyone but themselves.  Some of us in normal daily life, including perhaps me sometimes, might be like the…[Read more]

]]> e3c44b771195350f0f36fa167c793ae4 carpe_diem replied to the topic Property Development and Borrowing in the forum Value Adding https://www.propertyinvesting.com/topic/4394706-property-development-and-borrowing/#post-4595552 Thu, 16 Apr 2009 10:27:33 +0000 Thanks Kum Yin and Azalia for more information to stew over that helps me tremendously so very grateful for everyone's input.  It does seem a bit scary in many ways to go down such a path of being a developer through to the sale of the units.  Another option I'm now thinking, which some may see as  a cop out, is to sell the block with the plans fo…[Read more]

]]> 8c80240534c10948d05d85d2978553a0 carpe_diem replied to the topic What is the wisest decision? in the forum MavozDespite what fairy https://www.propertyinvesting.com/topic/4395941-what-is-the-wisest-decision/#post-4602149 Thu, 09 Apr 2009 23:55:33 +0000 MavozDespite what fairy stuff is said in the last post, remember that the essence of true debate is to seek out all manner of views. Then the real decision can be applied to your individual circumstances.  The purpose of this forum is precisely this otherwise we wouldn't be all on it.  People are not talking crap to you and standing on pedestals .…[Read more]

]]> bbbfbf8bcefd493c21ea71417f515e29 carpe_diem replied to the topic What is the wisest decision? in the forum I think this may have https://www.propertyinvesting.com/topic/4395941-what-is-the-wisest-decision/#post-4602147 Thu, 09 Apr 2009 12:52:16 +0000 I think this may have already been covered but remember if you rent out the Melbourne home and rent out a home in the country you can do this for 6 or maybe it's 7 years and as long as you move back into the Melbourne house you don't pay capital gains tax as the Melbourne home remains the family home .    If you buy a country house to live in th…[Read more]

]]> 6f4e0f465105dd76c87085ddc028f1fc carpe_diem replied to the topic Property Development and Borrowing in the forum Value Adding https://www.propertyinvesting.com/topic/4394706-property-development-and-borrowing/#post-4595549 Thu, 09 Apr 2009 01:37:45 +0000 Thanks Yorkie and Mike for more assistance.  Yorkie you are so right ….. this area is hot (close to city and close to ANU) for 1 bedroom apartments so I can get 10 on it no problems being a corner block.  I still need to do more research/investigation but this is certainly the way I'm leaning.  I've "almost" scrapped for example my heart plan to…[Read more]

]]> 53e2ba8469735f3e67e7693b516a3bc0 carpe_diem replied to the topic Global Reseshion, what will it do to house prices??? in the forum Hi Tony BThere is no better https://www.propertyinvesting.com/topic/4395298-global-reseshion-what-will-it-do-to-house-prices/page/2/#post-4598671 Thu, 05 Feb 2009 03:48:00 +0000 Hi Tony BThere is no better investment than a PPOR.  Any capital gains made are not taxable.  Find the worst but livable house in the best location at the lowest price and deposit into it whatever you can afford with enough cash to run your business (it won't be easy but all gains cost),  Try and pay extra off the loan and/or fix it up a bit un…[Read more]

]]> 84bb0c25103eddc8ad88e02fb1a47f8f carpe_diem replied to the topic Global Reseshion, what will it do to house prices??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395298-global-reseshion-what-will-it-do-to-house-prices/page/2/#post-4598668 Thu, 05 Feb 2009 02:18:57 +0000 Hi Walpy There are certainly overall trends indicating ongoing difficulties in the housing market but notwithstanding this there are still and always will be investment opportunities for those who do their sums and those willing to make sensible risks.  As I said in my previous note I am very strong about keeping debt relatively low especially in…[Read more]

]]> e83f3f6c9f2d8dd42a52175eaf359e91 carpe_diem replied to the topic Global Reseshion, what will it do to house prices??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395298-global-reseshion-what-will-it-do-to-house-prices/page/2/#post-4598664 Tue, 03 Feb 2009 23:32:50 +0000 HiInteresting stuff.  I'm a very successful property investor….one of the "smart arses" to have got in early I guess but my investments have always been very carefully structured based on the 4 x L's: land, location, loot flow and low debt (never having debt of more than 50% in total property portfolio).  One property I bought in 1985 cost me $…[Read more]

]]> 71b33f69ffc4655e40a2d8878a60b1af carpe_diem replied to the topic Investing + Reno during Recession in the forum Value Adding https://www.propertyinvesting.com/topic/4394535-investing-reno-during-recession/#post-4594686 Thu, 20 Nov 2008 00:57:00 +0000 Hi The good days of property investments are over (unless you have plenty of real, not inflated, equity).  Despite all the doom and gloom of the credit crisis putting everyone in a spin on what to invest in one thing is certain.  The gap between income and house prices has widened in Australia so much so it is up there with the US and Britain .…[Read more]

]]> d0e2e7c0ecb797103eaaf7917ba198fd carpe_diem replied to the topic Renting out rooms individually to increase rental yield in the forum Help Needed! https://www.propertyinvesting.com/topic/4394738-renting-out-rooms-individually-to-increase-rental-yield/#post-4595692 Thu, 20 Nov 2008 00:30:54 +0000 HiI have properties in university areas which I've rented out like this for many years to different nationalities but mostly Australians.  The key I believe is to start with one person or two who you yourself select for acceptability.  You can tell very quickly and see it over a couple of weeks the standard of caring for your property.  It is ve…[Read more]

]]> 281f54db995f137949aec2ed7af956da carpe_diem replied to the topic To Sell or Not to Sell???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394679-to-sell-or-not-to-sell-18/page/2/#post-4595414 Wed, 19 Nov 2008 02:25:54 +0000 JamesDon't want to scare you off.  You have a low debt on your house so that is good so that is a definite plus.  With the interest rate so low pay as much off the capital  before the rates increase once inflation forces them up.   Although you built the investment place rid yourself of emotional attachment and look at it as if it was a bus…[Read more]

]]> 17dde776037d2351d34c4af889e06864 carpe_diem replied to the topic To Sell or Not to Sell???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394679-to-sell-or-not-to-sell-18/#post-4595412 Tue, 18 Nov 2008 11:49:10 +0000 Hey….in the US…you can buy them for $0 US.  Seriously they won't go that low in Australia as we don't have an oversupply of houses…yet.  Once the financial crisis tsunami hits Australia you will see prices start to fall much more than they are doing at present as employment and migration drops (depends on China recovering).  This is pa…[Read more]

]]> a9888de83151220a75f441978538a1f8 carpe_diem replied to the topic interest rates in the forum Finance https://www.propertyinvesting.com/topic/4394724-interest-rates-22/#post-4595640 Fri, 14 Nov 2008 09:40:51 +0000 Whilst there is  an inverse relationship between intereste rates and inflation there is a difference when you're in or nearing a recession.  Demand for goods (includes houses) falls so hardly the price of anthing will increase.  People become wary in uncertain times so they'll put whatever excesses they have into important things like reducing de…[Read more]

]]> 0489ae19f76a87e0f27264fa4b03c7ab carpe_diem replied to the topic Investing + Reno during Recession in the forum Value Adding https://www.propertyinvesting.com/topic/4394535-investing-reno-during-recession/#post-4594682 Fri, 14 Nov 2008 08:51:45 +0000 Hi Beth et alBear in mind that house prices in Australia are  at an extreme in terms of income to cost ratios.  It is (or at least was) up there with the US, Spain and Britain.  Not so many years ago you could buy a house in Australia for 2.5 times the level of income and these days you pay more like 7.5 times income.   In the earlier days you cou…[Read more]

]]> f5c142f1e493abaa29202884ae5f10f6 carpe_diem replied to the topic Property Development and Borrowing in the forum Value Adding https://www.propertyinvesting.com/topic/4394706-property-development-and-borrowing/#post-4595545 Tue, 11 Nov 2008 22:51:49 +0000 Hi BethThanks for responding and providing info that helps.  Had not thought of forming a company but it seems like a great idea.  I wouldn't start doing anything for another 3 years until the market improves so I have a fair amount of time to plan……I think in the ACT you have 2 years to start once it has been approved.  I have been lucky to…[Read more]

]]> 4f3c3fd9f4acb6ee699bcfbd647b2363 carpe_diem replied to the topic Planning for Development in the forum Finance https://www.propertyinvesting.com/topic/4394705-planning-for-development/#post-4595542 Tue, 11 Nov 2008 12:18:50 +0000 Hi Matt007 and Bob AndersonThank you very much for the information provided…..all very useful to get me started.  The block I'm planning to develop is  unencumbered and worth about 1.5m so it seems like I have a good start.  As I say I'm not going to start building tomorrow but I can prepare for it to take off in 3 or so years and the market by…[Read more]

]]> 9162a7903a1ff175a3f1444671c360b8 carpe_diem replied to the topic To Sell or Not to Sell???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394679-to-sell-or-not-to-sell-18/#post-4595406 Tue, 11 Nov 2008 00:06:25 +0000 Indeed why struggle …..we only have one life and each day should be precious so make it as stress free as possible.  This doesn't mean giving up on life's challenges and risks but I'd rather be happy in one home I own with family/friends than being burdened with seemingly unrelenting debt….especially given a definite mood prevailing of poor…[Read more]

]]> 76882fbf317f1b7718d646e4baf845ce carpe_diem replied to the topic To Sell or Not to Sell???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394679-to-sell-or-not-to-sell-18/#post-4595403 Mon, 10 Nov 2008 07:55:52 +0000 How things can change.  3 years ago I had a serious illness so much so I had to discontinue my career.  I was also a property invester with 5 properties but the debt on 2 was so high relative to my cash flow I was forced to sell 2 of them 2 years ago.  They went for relatively bargain prices but I still made significant capital gains to reduce th…[Read more]

]]> bf98915cf3b424650f0a493aa789f6cb carpe_diem replied to the topic Looking for a mentor in the forum Help Needed! https://www.propertyinvesting.com/topic/4391579-looking-for-a-mentor-5/#post-4578129 Tue, 04 Dec 2007 07:38:15 +0000 Hi PamelaI agree with the others that you just ask your questions.  So you know what questions to ask  you could send me an email if you want an assessment of your financial situation ……..others on the forum might be able to then answer the questions you ask.  I won't be asking you private stuff just numbers to go into a spreadsheet to get a…[Read more]

]]> 965a06e121c0a188b545245186e5f304 carpe_diem replied to the topic Turning Assets into Income in the forum Help Needed! https://www.propertyinvesting.com/topic/4389922-turning-assets-into-income/#post-4569337 Tue, 04 Dec 2007 01:20:34 +0000 Thanks Guys. The truth is I have done nothing yet and given the way the stock market has behaved probably it was a good thing. I have been to a financial adviser and it came down to my selling a property rather than my desire to borrow to invest. The interest rate has been going up so perhaps he was right……..I suppose I have always been a…[Read more]

]]> 9228d74b72ed0554e72aff56d0c97853 carpe_diem replied to the topic valuation too low! loan not approved - options? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390015-valuation-too-low-loan-not-approved-options/#post-4569665 Tue, 03 Jul 2007 03:47:46 +0000 HiI assume you want this house despite the variation in value to the sale price.  15k is a very small variation however as I don't know your financial situation your problem might be that you want to borrow 100% and don't have the variation amount to cover the sale price ie the 15k.  Depending on your overall equity some lenders will loan above 1…[Read more]

]]> af95898f8acea4ae4a198df06fa67072 carpe_diem replied to the topic POSITIVE GEARED PROPERTIES in the forum Help Needed! https://www.propertyinvesting.com/topic/4390046-positive-geared-properties/#post-4569853 Sun, 01 Jul 2007 06:27:38 +0000 Hi KPYou're doing well and good on you.  Just because minerals are in the ground it doesn't mean they continually will be mined.  Mining booms come and go (at least they used to unless things have changed!) as does the unwise who don't spread their investments wider than mining shares…..and excessive property investment in risky mining areas. I…[Read more]

]]> dc07a66e4a551f167a04f58789a44ad9 carpe_diem replied to the topic My Strategy - What do you think? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390056-my-strategy-what-do-you-think/#post-4569875 Fri, 29 Jun 2007 02:49:04 +0000 HiI think your debt ratio is extremely high at close to 75% and you might be wise to wait for awhile until you have more equity.Carpe

]]> 64b95859224d3414fe7b938fc1bfda03 carpe_diem replied to the topic another newbie question in the forum Help Needed! https://www.propertyinvesting.com/topic/4390054-another-newbie-question-2/#post-4569866 Fri, 29 Jun 2007 02:34:09 +0000 Hi WoodyvaleThe important thing in life is to follow your dreams and take some risks to achieve them.  We can always block ourselves by finding things to put us off.  So go for it if this is what you both sincerely want to do and are both committed to sharing the blame if things don't quite work out.  Your debt is around 40% and grows to 50% if yo…[Read more]

]]> 905ffbf1958181fcff7bf95beaab66bd carpe_diem replied to the topic Sell to Developer or develop myself in the forum Value Adding https://www.propertyinvesting.com/topic/4389971-sell-to-developer-or-develop-myself/#post-4569505 Wed, 27 Jun 2007 23:45:57 +0000 Thanks Peter…..something definitely to consider.  Joint venture was not something I had even thought about.  The developer just wants my property but is a meanie even though the $1m offer sounds good……he owns the two next door and really needs my corner block facing North/East and opposite the best apartment complex in Canberra.Thanks L…[Read more]

]]> 048ebf62592c0f1ecc4bf93a20aa8eb4 carpe_diem replied to the topic OK, a simple question...... in the forum Help Needed! https://www.propertyinvesting.com/topic/4390042-ok-a-simple-question/#post-4569837 Wed, 27 Jun 2007 23:00:10 +0000 HiI think you've answered your own question respective to your particular financial case.  You have laid out the two extremes of property investing……so your target must be for something in between and certainly not one that jeopardises a reasonable standard of living for yourself and family etc.   As a successful property investor I prefer to…[Read more]

]]> 455ca4604bc999604945bf4ef4798169 carpe_diem replied to the topic Capital Gains in the forum Help Needed! https://www.propertyinvesting.com/topic/4390038-capital-gains-14/#post-4569826 Wed, 27 Jun 2007 01:19:00 +0000 HiYou have to pay it if you sell.  Your capital gain is halved and it is added to your taxable income.  Hence if your gain is say $100k then 50k is the additional taxable income.  So if your current income is 50k then your taxable income becomes 100k.   So the aim would be to lower your taxable income as much as possible in the year you sel…[Read more]

]]> 4806691981912e4438c8d99729f76590 carpe_diem replied to the topic I need help or advice or anything in between... in the forum Help Needed! https://www.propertyinvesting.com/topic/4390012-i-need-help-or-advice-or-anything-in-between/#post-4569641 Tue, 26 Jun 2007 01:40:13 +0000 If it is seriously going into the legal network for sorting out then you have to make the decision on whether you can accept the pain for possible gain though with probable delay or bailing out and don't look back as you move forward.Carpe

]]> 5b01188a994edd8f359af6eb845639fe carpe_diem replied to the topic Should I sell or hang in there ??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390020-should-i-sell-or-hang-in-there/#post-4569688 Tue, 26 Jun 2007 01:04:25 +0000 Hi PatIt depends on your financial situation.  Generally I am against selling an investment property.  Negative gearing is ok if it is reducing the tax you're paying in a significant way.  Even if it was paying off the loan ie posively geared (as a lot of people seemingly go for albeit very dubious to achieve these days) it is only  a good inv…[Read more]

]]> 5a22d94fa55f759a60f3f34d5a7e59a5 carpe_diem replied to the topic Sell to Developer or Develop Myself in the forum Help Needed! https://www.propertyinvesting.com/topic/4389972-sell-to-developer-or-develop-myself-2/#post-4569514 Tue, 26 Jun 2007 00:41:54 +0000 Hi JonThanks for your generosity in sharing the spreadsheet with me and thanks also to the contributions from others.  I love this site as people give without expecting anything in return.  It's like we're in a good family!All the best to everyone.Carpe

]]> 829408aef0614cdda698a7e721d90481 carpe_diem replied to the topic Sell to Developer or Develop Myself in the forum Help Needed! https://www.propertyinvesting.com/topic/4389972-sell-to-developer-or-develop-myself-2/#post-4569512 Sun, 24 Jun 2007 03:40:42 +0000 Thanks Jon…I did send you a pm but have not heard back from you.Thanks Richard…very handy figures to work off.   When I have been through all the research etc with Planning body, architect and builder I will be in contact with you to discuss further.  Besides this development property that I own (1.0m) that is in a prime redevelopment City ar…[Read more]

]]> 94ebd34e04ab220527a220d1678cb584 carpe_diem replied to the topic Newbie seeking advice. in the forum Help Needed! https://www.propertyinvesting.com/topic/4390004-newbie-seeking-advice/#post-4569614 Sat, 23 Jun 2007 08:56:31 +0000 HiI'm suprised you're finding an abundance of positively geared properties for sale given the current climate.  So the house you're about to buy for $405k has to be returning rent of 29.5k per annum or $600 per week to cover the interest rate?  Seems high rent for country towns but if so good on you.Carpe

]]> 6bb209feccb9f43de16dcc51bdf96870 carpe_diem replied to the topic New to site -wanting advice and sharing information on my IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4390002-new-to-site-wanting-advice-and-sharing-information-on-my-ip/#post-4569602 Sat, 23 Jun 2007 08:48:42 +0000 Hi NathanFrom a basic mathematical aspect most investors want to buy a property that is going to given them 5% rent on return or higher. Your property is returning 40k per year hence the property might be attractive at 800k (which is 5%) to some investors. Most of us look to buy properties that return a higher percent return on our investment…[Read more]

]]> 865e780606989873f8ad161bd0df8ded carpe_diem replied to the topic Investment help needed for newbie in the forum Hi AndrewI would leave the https://www.propertyinvesting.com/topic/4389982-investment-help-needed-for-newbie/#post-4569547 Fri, 22 Jun 2007 10:08:06 +0000 Hi AndrewI would leave the debt on the investment property ie the unit.  You owe 70k so the interest per year is about 6k including rates, mtce costs and the income is about 4.5k so not much of a loss that reduces in a small way the tax you pay on your work income.  In my view your primary goal should be to have no debt on your home (it is not a t…[Read more]

]]> 300beeddb3f386853c241e610443fbc0 carpe_diem replied to the topic Sell to Developer or Develop Myself in the forum Help Needed! https://www.propertyinvesting.com/topic/4389972-sell-to-developer-or-develop-myself-2/#post-4569509 Wed, 20 Jun 2007 22:42:02 +0000 Thanks Bec.  Xenia.  I'm not certainly expecting anyone to hold my hand on this and I'm not expecting magical answers from anyone.  However this site has always been an excellent source of inspiration for me and I'm sure there are people on it that have done things like I am now pursuing.  Where I have got with my property wealth has not been eas…[Read more]

]]> 5de5803d1c816e202c632c565734b122 carpe_diem replied to the topic I no longer want to be a slave................ in the forum Help Needed! https://www.propertyinvesting.com/topic/4389792-i-no-longer-want-to-be-a-slave/page/2/#post-4568427 Sun, 17 Jun 2007 05:53:38 +0000 Hi BJA lot of the discussion on this is very interesting. I have been investing in property for years and have done very well. I have done some calculations on your situation based on the kind of modelling I used for my own situation. I am just providing some feedback but of course you need to get formal financial advice before you make a…[Read more]

]]> 9a40d63cd1be5b640d84817f831bea6c carpe_diem replied to the topic Turning Assets into Income in the forum Help Needed! https://www.propertyinvesting.com/topic/4389922-turning-assets-into-income/#post-4569333 Sat, 16 Jun 2007 08:39:25 +0000 Thanks ProDev and Redwing.  Just to clarify a few things.  My home has no debt (net 1.2) and investment properties have debt of 475k (value 1.1 and net 600k).   The  30k income  is from these properties (7 to 8% yield).   My plan is to sell the home in 3 years as it is in a 3 storey redevelopment area in a premium Canberra city location (or eve…[Read more]

]]> 7d6f264101adb92d9612f240dbf26cf9 carpe_diem replied to the topic Super or Property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388123-super-or-property-2/#post-4560801 Tue, 23 Jan 2007 12:34:16 +0000 Trajik…..thanks re suggestion to consider SMSF. I had not considered this at all. Currently I just use Comm State Super Fund and have the investments spread over a range of investment options like Aust Shares, Global Shares etc etc. Compared to a SMSF approach this may be weak way to operate as I I guess I can do much more with SMSF including…[Read more]

]]> 9a8aa1e92141a78038833a3660d026ab carpe_diem replied to the topic Investing - Fibro house in the forum General Property https://www.propertyinvesting.com/topic/4387706-investing-fibro-house/#post-4558807 Fri, 22 Dec 2006 06:46:03 +0000 Oops ignore the last para of my previous shorter version and forgot to delete it…..I abandoned the shorter version to give you a bigger picture
Carpe (it pays to preview submissions!)

]]> bd5bfbe8ab30958c28a6e591f1d8c310 carpe_diem replied to the topic Investing - Fibro house in the forum General Property https://www.propertyinvesting.com/topic/4387706-investing-fibro-house/#post-4558806 Fri, 22 Dec 2006 06:38:53 +0000 You mention for investment purposes so I’m not sure you’re buying it to live in? If you are the two important things for you is to have a low mortgage and a property that is in the best location to assure you of capital growth. You have to like the property to some extent if you plan to live there a long time ….be it brick, fibro…..in the…[Read more]

]]> 4505c91a953c871a7c049dce906773ff carpe_diem replied to the topic Vulture in Disguise in the forum General Property https://www.propertyinvesting.com/topic/4387678-vulture-in-disguise/#post-4558706 Thu, 21 Dec 2006 08:37:52 +0000 Thanks Bruham. Like the developer who cannot develop his two blocks without my consent I cannot develop my block without his consent. He may approach me in terms of putting together plans for approval of all 3 blocks (my block with plans to suit me) and I could then develop my block separately. He has more to lose of course in waiting around for…[Read more]

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