PropertyInvesting.com | CD | Activity https://www.propertyinvesting.com/members/cd/activity/ Activity feed for CD. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 eacace24341c7d59bc39f1a9c9eab03c CD replied to the topic Strategy / Planning in the forum Help Needed! https://www.propertyinvesting.com/topic/4406819-strategy-planning/#post-4671564 Tue, 12 Jun 2012 06:33:25 +0000 Yay a question I can help with! Give Matt from Opening Doors a call. Google them. Not the government thingo, they had the name first. He is a finance broker who’s a very smart investor himself, very helpful with strategy suggestions and has the knowledge to back them up.

]]> 70131f94d1cbb16b0517aec135170af8 CD replied to the topic need to be well informed about property investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4394760-need-to-be-well-informed-about-property-investment/#post-4595793 Fri, 21 Nov 2008 02:53:32 +0000 Why do you need both your homes as security for your new building? That amount of cross-collateralisation seems a big worry to me. If the bank won't lend you enough on the strength of the security in the 10 acres and new building, why not? Are you overcapitalising? Is it legal to build two dwellings on one land title in that area? It seems to me…[Read more]

]]> e65802df1779a5230ffaab27ef5b65d5 CD replied to the topic Claiming Property Expenses for Tax Time in the forum General Property https://www.propertyinvesting.com/topic/4394534-claiming-property-expenses-for-tax-time/#post-4594670 Tue, 21 Oct 2008 05:46:01 +0000 My wild guess is – just don't charge her the rent that weekSurely decreasing income gives you as much tax benefit as increasing expenseBetter ask an accountant though, on the whole :)

]]> 0c8114c7229d6e548909d9681ecc6dec CD replied to the topic Need help on starting a residential investment business in the forum Help Needed! https://www.propertyinvesting.com/topic/4394514-need-help-on-starting-a-residential-investment-business/#post-4594610 Mon, 20 Oct 2008 06:18:59 +0000 Good accountant: Finkelstein HickmottGood broker: Loan FocusQ 1,2,3,4 – see 6 :PAs far as I know, if you buy property in any kind of business or trust structure, you can't get tax breaks off personal income.

]]> d7569225b28588db9c2a95925b5b2912 CD replied to the topic PLEASE HELP DO I HOLD OR SELL in the forum Help Needed! https://www.propertyinvesting.com/topic/4394526-please-help-do-i-hold-or-sell/#post-4594646 Mon, 20 Oct 2008 06:09:07 +0000 Yes tax benefits apply and (very rough guess) may halve your 9k input per year.If you can, put as much deposit down as you can to avoid spending thousands on mortgage insurance.Get an offset account to the loan so that you can all store your $1200pm in there, reducing the loan interest, while having it easily available for future investment.I…[Read more]

]]> c2ff88e4ff8f5e8a94d89eb71f0ea945 CD replied to the topic 1st home owner grant to double in the forum General Property https://www.propertyinvesting.com/topic/4394448-1st-home-owner-grant-to-double/page/2/#post-4594259 Mon, 20 Oct 2008 06:02:15 +0000 The WA office of state revenue has a dire warning up about cancelled and re-signed contracts. Not sure if the threat has any teeth but read & consider.

]]> 9197b6ed3ed3e485f6452024d4ead608 CD replied to the topic investors stay out - give first homebuyers a chance in the forum General Property https://www.propertyinvesting.com/topic/4394466-investors-stay-out-give-first-homebuyers-a-chance/#post-4594372 Mon, 20 Oct 2008 05:55:32 +0000 I am an investor and, currently, also a FHB with a nice freshly signed land contract.So my view: eeeeeeexcellenttttt

]]> 3e56b0de00598cb610f373831a1f6310 CD replied to the topic Do you think this property has really been withdrawn from sale? in the forum General Property https://www.propertyinvesting.com/topic/4394026-do-you-think-this-property-has-really-been-withdrawn-from-sale/#post-4591891 Thu, 21 Aug 2008 05:04:26 +0000 My guess would be that it'd been on the market for a while and the owners decided they weren't going to get the $ they wanted for it in this market. Ask the agent if the owners might change their mind if you offered their asking price. He oughta jump at the chance to get his commission after all. Assuming you are willing to offer the asking price…[Read more]

]]> 835f266c780f92ecfca57ba247f0a583 CD replied to the topic Custodian Wealth Builders in the forum General Property https://www.propertyinvesting.com/topic/4394020-custodian-wealth-builders-5/#post-4591866 Tue, 19 Aug 2008 05:28:01 +0000 I went to a seminar or two of theirs and that got me started on PI in the first place. They have a lot of very good information available during the seminar and seem a whole lot more honest than most. Nevertheless, after a little research I felt I could find properties that met their own criteria better than the ones they had on offer and decided…[Read more]

]]> 6b6139eaa65a3d436b5f3f831a53c890 CD replied to the topic cash positive unit in the forum Help Needed! https://www.propertyinvesting.com/topic/4393806-cash-positive-unit/#post-4590752 Tue, 22 Jul 2008 09:44:50 +0000 1) is the unit worth what they are asking for it2) is the rent worth what they are quoting (beware unrealistic quotes and even unrealistic rental guarantees that will leave you short after expiring)3) is there plenty of demand for units to rent in that area4) is there any chance that demand for housing could go sharply down in that area eg town's…[Read more]

]]> 532553cbdaf00533ef7a14293e851a51 CD replied to the topic Is there a way to go halves with someone in a house and still get the first home buyers grant? in the forum Yes. Don't ever live on the https://www.propertyinvesting.com/topic/4393641-is-there-a-way-to-go-halves-with-someone-in-a-house-and-still-get-the-first-home-buyers-grant/#post-4589782 Fri, 04 Jul 2008 04:06:30 +0000 Yes. Don't ever live on the property, just rent it out. That way you don't get the FHOG on this property but you can still get the FHOG later on a property you buy to live in.

]]> dcb1702646efc6757e68c99bbe3e2946 CD replied to the topic ASIC update on Jamie Mcintyre in the forum Heads Up! https://www.propertyinvesting.com/topic/4380930-asic-update-on-jamie-mcintyre/page/3/#post-4521226 Tue, 17 Jun 2008 08:41:36 +0000 I liked his book, I found it very inspiring.I took it with a good handful of salt, like I do anything I read :)

]]> 9e3d393217c272b5a0f7c89d415d6035 CD replied to the topic FHOG - Is this true?/ in the forum Help Needed! https://www.propertyinvesting.com/topic/4392769-fhog-is-this-true/#post-4585203 Fri, 04 Apr 2008 06:49:14 +0000 Yep – correct – I actually phoned 'em up and confirmed it.

]]> 2f20c7b6af00dafb63a60cff455e68f7 CD replied to the topic I admit I've done the wrong way. I need help to GET OUT. Any advice? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392770-i-admit-ive-done-the-wrong-way-i-need-help-to-get-out-any-advice/#post-4585212 Fri, 04 Apr 2008 06:47:31 +0000 I also believe that the only wrong way is doing nothing. I suggest that you look into exactly what you would do if you sold your current property before you think about selling. You may find that the alternatives make your current situation look quite good after all…!

]]> c44e467b845d386c838a471b63a4ef3f CD replied to the topic Can someone please give me ideas whether and how I can overcome these 2 obstacles to start with property investment in Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4392490-can-someone-please-give-me-ideas-whether-and-how-i-can-overcome-these-2-obstacles-to-start-with-property-investment-in-melbourne/#post-4583590 Thu, 20 Mar 2008 02:20:23 +0000 Hi – I realise I am resurrecting this thread from a while ago – but if you have not yet found a job consider moving to Perth. We are screaming out for engineers of all disciplines/levels!

]]> 6a62dae98313fa02193d55857a1cdd73 CD replied to the topic WARNING ABOUT ANZ "LOSING" LARGE SUMS OF CLIENTS MONEY. BE WARNED!! in the forum General Property https://www.propertyinvesting.com/topic/4392097-warning-about-anz-losing-large-sums-of-clients-money-be-warned/#post-4581617 Wed, 30 Jan 2008 01:15:28 +0000 Well I bet you feel better having got that off your chest My mortgage broker refuses point blank to deal with one of the major banks because he says their incompetence is not worth the commission. He refuses to give any juicy details but I'm sure he has a story or two like yours!

]]> ebb19b35f652d6b87b2724826304d1b4 CD replied to the topic FHOG in the forum Help Needed! https://www.propertyinvesting.com/topic/4387936-fhog-11/#post-4559992 Tue, 09 Jan 2007 05:48:35 +0000 I am in WA and researched this question before buying anything. Here, if you buy an investment property and never live in it, you cannot claim FHOG on that property but can still claim it later for your first PPOR. Ask your state revenue department to confirm this. WA’s is at http://www.dtf.wa.gov.au/cms/osr_content.asp?ID=344.

]]> 3ea21b7ede6c781fe162a7ef703f0b98 CD replied to the topic Parents own too much land for pension in the forum Help Needed! https://www.propertyinvesting.com/topic/4384987-parents-own-too-much-land-for-pension/#post-4544961 Thu, 06 Apr 2006 06:19:28 +0000 I agree, they can do much better than the pension. How about a no doc mortgage on the property, increasing the amount each year. On a fully owned $1m property, growing in value at a very conservative 5% they can borrow $50k in the first year to live off, tax free. The property is then worth 1m + 5% = 1,050,000 so they still have their 1m equity.…[Read more]

]]> d8017f279be896ea6f05996916db90f4 CD replied to the topic Real Experience with Custodian Wealth Builders in the forum Heads Up! https://www.propertyinvesting.com/topic/4384957-real-experience-with-custodian-wealth-builders/#post-4544711 Thu, 06 Apr 2006 05:57:59 +0000 Yes. For me. The ~$10000 basically gets you research on what they think is the best area to invest in and a guarantee on building time. Most of the rest you can get from builders anyway, for similar or lower cost, depending on how much you’re willing to shop around. And after the time I’d spent checking up on their research to see if they had done…[Read more]

]]> 004e0b6fcb68dbc761a66f1edfc67d03 CD replied to the topic Westpac and Defence Force Housing in the forum General Property https://www.propertyinvesting.com/topic/4384967-westpac-and-defence-force-housing/page/3/#post-4544800 Wed, 05 Apr 2006 06:13:49 +0000 Anyone thought about this possibility?

Reasons people don’t invest in property: requires a large amount of money, can’t get out of it quickly, everyone else’s horror tenant stories.
Reasons people don’t invest in shares: perceived to be riskier, have to continually monitor, not willing to borrow for ‘riskier’ investment, can’t borrow over 50%…[Read more]

]]> d20777111de9d817b5bbfbad9ffea494 CD replied to the topic Outdoor Entertaining area in the forum Value Adding https://www.propertyinvesting.com/topic/4384890-outdoor-entertaining-area/#post-4544375 Wed, 05 Apr 2006 05:21:58 +0000 I second the fence painting idea – my mum painted hers in a nice sage green kind of colour, and in a small garden it blends in with the plants beautifully and gives the illusion of a fair bit more space [suave2]

]]> 015a870e4f9999699266c7111af76add CD replied to the topic Real Experience with Custodian Wealth Builders in the forum Heads Up! https://www.propertyinvesting.com/topic/4384957-real-experience-with-custodian-wealth-builders/#post-4544708 Wed, 05 Apr 2006 04:50:10 +0000 Hi John, I was looking at investing with CWB, went to see one of their properties in the interests of finding out as much as I could, stopped just short of buying it having decided I could do better myself without their fee. If that level of ‘participation’ is any help to you, reply and I’ll post some more details.

]]> 4017cf2df5d948810a622c9ee8235527 CD replied to the topic How best to spend $50k cash?! My first IP.... in the forum Help Needed! https://www.propertyinvesting.com/topic/4384883-how-best-to-spend-50k-cash-my-first-ip/#post-4544339 Wed, 29 Mar 2006 09:53:40 +0000 Patrick,
I’m no expert by any means but I do know for sure that you do not have to forgo the FHOG to buy investment property. If you buy a property purely for investment and never live in it, you cannot claim FHOG on it, but you can still claim the grant when you later buy a house to live in. This is what I am doing – I rang the office that…[Read more]

]]> bb5605f6e52031669f05aad77a36ed9a CD replied to the topic Awkward Shaped Block in the forum Value Adding https://www.propertyinvesting.com/topic/4384618-awkward-shaped-block/#post-4543048 Mon, 13 Mar 2006 03:54:16 +0000 Have you considered a small courtyard? Maybe an L – shaped house?
Of course it depends on the size of the block. Having just been through the process of finding a floor plan to fit on a wedge shaped block with a quite restrictive size covenant I appreciate the difficulty.
For the amusement factor, talking about awkward shaped…[Read more]

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