PropertyInvesting.com | chump | Activity https://www.propertyinvesting.com/members/chump/activity/ Activity feed for chump. Mon, 13 Apr 2026 13:56:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e64f048bcc1ca5a53f917148b6319ccd chump replied to the topic suggestions in the forum Hey Catherinec, This https://www.propertyinvesting.com/topic/4391145-suggestions-4/#post-4575829 Mon, 15 Oct 2007 09:56:07 +0000 Hey Catherinec,This suggestion is not as exciting as refinancing or anything like that.  But without knowing your full situation, I am going to assume that a several years back means that you may have bought this properties early boom and you know have positive cashflow.Therefore I would consider the following – sell one of your properties to…[Read more]

]]> 46060352c0032521f674d514d7b25e96 chump replied to the topic New to property investing, need help with research in the forum Hey there, You know that https://www.propertyinvesting.com/topic/4390817-new-to-property-investing-need-help-with-research/#post-4574253 Mon, 17 Sep 2007 07:29:44 +0000 Hey there,You know that ringing and asking Real estate agents, property managers etc can also provide you with some of this information for free.  Further more you can start building your confidence and relationship with agent in your target area. For rental yields you can always get your hands on a rental list and look at what price homes are…[Read more]

]]> 745983eafebfe992c5ce767468cd6799 chump replied to the topic Buy New Properties or develop properties? in the forum Hey Guys, Excuse my https://www.propertyinvesting.com/topic/4390730-buy-new-properties-or-develop-properties/#post-4573878 Mon, 10 Sep 2007 06:46:40 +0000 Hey Guys,Excuse my ingnorance and lack of knowledge here, but what is the FIRB clause you guys are talking about

]]> 00829261835504385c14ebdd3a9d347b chump replied to the topic Renovating full time? in the forum Value Adding https://www.propertyinvesting.com/topic/4390106-renovating-full-time/page/2/#post-4570140 Wed, 29 Aug 2007 07:12:46 +0000 Crashy,Great info, I am gonna save it.  I am currently looking for a reno myself as my first deal is a new building and I want to learn more about the building industry and be alittle more involved in this one.Cheers Chris 

]]> 4d3fbd0988df448bb082851e5bfd9979 chump replied to the topic Renovating full time? in the forum Value Adding https://www.propertyinvesting.com/topic/4390106-renovating-full-time/page/2/#post-4570138 Wed, 29 Aug 2007 02:21:55 +0000 Crashy,Ok.  I can understand that there are both negatives and positves.  So with your extensive knowledge of this process what are some of the things that you are looking for in your deals to prevent or limitted your exposure to these problems.  Most of us understand the costs involved in these transaction eg Legals, stamp duty, time run over et…[Read more]

]]> 9cea92adde95815595a297e3b24de8c3 chump replied to the topic Renovating full time? in the forum Value Adding https://www.propertyinvesting.com/topic/4390106-renovating-full-time/page/2/#post-4570136 Tue, 28 Aug 2007 12:02:58 +0000 Crashy,Get off your high horse!  You don't know anything about me or my situation.  Most of the people on this forum are chasing a similar dream to become full time investors.  Offering some positive (emotional, if that's what you want to call it) reinforement is not unhelpful!  You are already in this position as a full time investor well done.…[Read more]

]]> 6ac5893f3cfc5e1350573a328115c4c3 chump replied to the topic Renovating full time? in the forum Value Adding https://www.propertyinvesting.com/topic/4390106-renovating-full-time/#post-4570134 Mon, 27 Aug 2007 07:04:03 +0000 Hey  Crashy,  or should I say Cranky!Were you having a bad day when you made your last two posts?I didn't metion anything about IDIOT PROOF in my post but I did give a positive message regarding sebsez will to succeed as a Renovator.  Sebsez would obviously be smart about their Due Diligence when it comes to evaluating their deals and decision on…[Read more]

]]> bf7a8dd9068e555921b02c35d5d61356 chump replied to the topic Renovating full time? in the forum Value Adding https://www.propertyinvesting.com/topic/4390106-renovating-full-time/#post-4570126 Mon, 20 Aug 2007 07:22:33 +0000 hey Sebzes,If that is your dream follow it.  There is no reason why you couldn't make that sort of money out of renovation.  Give it a go.  Who knows where you will end upChris

]]> 16c22352c0af4f5aa3040134df923dc6 chump replied to the topic Subdivide and construct who to turn to? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390393-subdivide-and-construct-who-to-turn-to/#post-4571732 Mon, 06 Aug 2007 06:35:50 +0000 Hi Keenaz,I would probably suggest getting in touch with a town planner or survyer.  As you would probably want to ge tthe subdivision started.  Also A builder or handy man will be needed for your reno.  Other than that, this should get you moving forward.  Well done on your dealChris

]]> 6a1c78f96d5938736b5ee5d24de9c5e8 chump replied to the topic STRATA TITLING a block of 6 units in the forum Help Needed! https://www.propertyinvesting.com/topic/4390264-strata-titling-a-block-of-6-units/#post-4571004 Mon, 23 Jul 2007 06:03:02 +0000 Hey Karen,I Believe that a suveyor or town planner should be able to help you with that.  Sound like a good deal.  Well doneChris

]]> c9029d8edcef0d9a39704a7d8c2fd2bc chump replied to the topic New to this, any advice would be great. in the forum Help Needed! https://www.propertyinvesting.com/topic/4390185-new-to-this-any-advice-would-be-great/#post-4570612 Mon, 16 Jul 2007 06:46:11 +0000 Hey,Mate I would suggest something similar the Bish.  Invest a bit of time and or money in some education.  Go get some professional advise from Accountants, Financial Planners even Mortgage Brokers about your situation.  From there you will be better equiped to make an informed decision about what would be best for your situation and goals.  CheersChris

]]> 502ab8659b707f8690f12a7c807c6ff5 chump replied to the topic buying under value property in the forum Help Needed! https://www.propertyinvesting.com/topic/4390186-buying-under-value-property/#post-4570618 Mon, 16 Jul 2007 06:41:33 +0000 Hey Dr Spock,Are you meaning to buy a bargain?  If so I a believe that I would refer to an under value property as a property which the purchase price is less than the valuation.  Therefore getting it cheaper than market price.Cheers Chris

]]> eb0b6b962fe685641716e312f3d21a51 chump replied to the topic Is this flipping?? and how does it work? in the forum Creative Investing https://www.propertyinvesting.com/topic/4389928-is-this-flipping-and-how-does-it-work/#post-4569345 Mon, 18 Jun 2007 07:25:09 +0000 Hey KarenjI don't know exactly how it works, but assumably you would purchase on a long settlement with a licence to occupy.  This means you can go onto  the property and start reno etc.  Not sure if the vendor would be keen for you to demolition the house however.And basically you would then on sell the property to someone else and have the se…[Read more]

]]> 8f3a5277e477d38c765fc1b5cd7b1d9a chump replied to the topic Analyse this deal: in the forum Help Needed! https://www.propertyinvesting.com/topic/4389892-analyse-this-deal/#post-4569184 Tue, 12 Jun 2007 09:38:10 +0000 Hey there,Sounds promising. The student idea is a good one, just got to watch you will probably need to include services etc.  You said that it is a managed apartment, would be worth while checking out what the management fee is for the building.  These can be pretty high.  One other thing – is the $1430 per month opinion or fact.Good luckChris

]]> cd91f059330573f527512e4e9b84f257 chump replied to the topic Action taken 1 week after Steve's seminar in the forum General Property https://www.propertyinvesting.com/topic/4389746-action-taken-1-week-after-steves-seminar/#post-4568185 Tue, 29 May 2007 09:48:32 +0000 Jason and Felicity,Well done. You guys sound like you are making excellent progress.  Just keep crunching the numbers and staying active, setting goals and I am sure you will make fantastic property investorBest WishesChris

]]> 06ec5365d43c9541e2d4e4de23d0eb44 chump replied to the topic To paint wainscoting or not in the forum Value Adding https://www.propertyinvesting.com/topic/4389729-to-paint-wainscoting-or-not/#post-4568146 Mon, 28 May 2007 07:19:18 +0000 Hey Elka,I guess you just need to think about your target market.  If you want higher income tenants and if painting will attracts these types, then I guess you answer your own question.  I can understand your restorer bone being tweeked.  But hey go buy a reno project to restore, and you can be as happy as a pig in mudCheersChris

]]> 30a0ae2eaccd0c81c6745ea3bb96f94e chump replied to the topic Wanted Opinions - Buy & Hold Strategy, -ve Gearing Vs +ve Cashflow/Gearing in the forum Creative Investing https://www.propertyinvesting.com/topic/4389370-wanted-opinions-buy-hold-strategy-ve-gearing-vs-ve-cashflowgearing/#post-4566672 Tue, 15 May 2007 08:23:19 +0000 What is your plan for the properties?Do you have a number written down or in your head about the type of yield you want and the capital appreciation you want out of the properties?  If not maybe start there.Then if they are not meeting your desired plan I would consider other optoins eg selling.  Maybe not all of them but the one to at least f…[Read more]

]]> 75a172402260a67cf0a01b29e4fa8cd7 chump replied to the topic My first IP... help please!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4389601-my-first-ip-help-please/#post-4567639 Mon, 14 May 2007 07:49:35 +0000 Remember Steve always says that if you have a plan to get into debt, you need a plan to get out of debt.  So how strong is the investmet.  Can it service a 105% debt at the more than likely higher interest or do you need the buffer.What is the plan for the property? Reno and sell, or buy and hold etc. Could have a bearing on your decisionBest wishesChris

]]> b1aee75fcfc555c2392c8c8d3a26d2c8 chump replied to the topic SE Queensland Help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4389513-se-queensland-help/#post-4567325 Tue, 08 May 2007 10:04:45 +0000 hey KristyAnother place you can have a little look for rental info or at least median rents is on the RTA web page.  It usually gives you a medain weekly rent for and areaChris

]]> ea9bc115cf1bcf3da3a500eaf0b808de chump replied to the topic Subdivision. in the forum Help Needed! https://www.propertyinvesting.com/topic/4385663-subdivision-8/#post-4548183 Tue, 30 May 2006 11:03:45 +0000 Try ring a few surveyors that work in the area and ask if that could give you a rough esitmation into the costs. Other wise just ring you local council and ask for them to send you out some information on the approximate costs of subdivision in the area.
Good luck

Chirs

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