PropertyInvesting.com | ClaireR | Activity https://www.propertyinvesting.com/members/clairer/activity/ Activity feed for ClaireR. Mon, 13 Apr 2026 01:02:27 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 cac7f5a0f769361793e6e25dd91ccee6 ClaireR replied to the topic Just signed a contract, what next???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409217-just-signed-a-contract-what-next/#post-4690024 Tue, 23 Apr 2013 23:06:34 +0000 Sam, it is a very bad mistake not to get a building and pest inspection done, development plans can always change, if your spending hundreds of thousands on a house $450-700 is a very small amount to pay to make sure the house isn't termite ridden or has serious structural damage and if you are purchasing a house with a rental agreement in place…[Read more]

]]> 4705baace77b922911ebba9146731e68 ClaireR replied to the topic Just signed a contract, what next???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409217-just-signed-a-contract-what-next/#post-4690022 Tue, 23 Apr 2013 21:55:13 +0000 Have you arranged a building & pest inspection??

]]> bfd931807c91dcbed12dd45318747ff5 ClaireR replied to the topic Structuring bank accounts in the forum Help Needed! https://www.propertyinvesting.com/topic/4409145-structuring-bank-accounts/#post-4689519 Thu, 11 Apr 2013 21:51:10 +0000 Just did research re CGT haven't yet sold property so hadn't looked into it myself, was just going off what our tax accountant told us!! Thank you very much for this information, does make more sense having all as IO, I've just been putting it off as I liked seeing all the loans go down but it's not going to help up when we buy a PPOR.

Thanks…

]]> a5b134f67ef06c7ec1a55222c2b337b9 ClaireR replied to the topic Negotiating an offer on IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4409124-negotiating-an-offer-on-ip/#post-4689368 Thu, 11 Apr 2013 21:34:56 +0000 I only just read this post so you've probably already made your decisions.

One negotiating tip I've found very useful is renegotiating after the building and pest as at this stage you already have a contract so nothing to lose if they say no and you have a good basis to negotiate, you need to use a very good building inspector to help you with…[Read more]

]]> 9e6a3a22cb61079f29a06cf9f66dab04 ClaireR replied to the topic Structuring bank accounts in the forum Help Needed! https://www.propertyinvesting.com/topic/4409145-structuring-bank-accounts/#post-4689517 Thu, 11 Apr 2013 04:13:15 +0000 Hi Terry

Cheap accom will last as long as my partner is employed and if anything happened with that I'm sure my employer would help us out, then when we leave this town (12-24 months) we'll have accom for as long as we need at his parents place. The current plan is to stay with them until either we find our own place or if we decide to move into…[Read more]

]]> 53f193d5801f7f46a7932c34b2890856 ClaireR replied to the topic Sharing personal and investment loans? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409098-sharing-personal-and-investment-loans/#post-4689242 Thu, 11 Apr 2013 00:12:46 +0000 Hi Jason

It's going to be a crazy time for you getting all the ducks to line up given the time frames.

I'm pretty sure the 3k was more to do with the stamp duty concession (either because he was a first home buyer or maybe it was just that it was our PPOR as it turned into an investment the moment we moved out at 8 months. I'm pretty sure the…[Read more]

]]> 2c96d20d4bd995e075560dc297b44b8b ClaireR replied to the topic Structuring bank accounts in the forum Help Needed! https://www.propertyinvesting.com/topic/4409145-structuring-bank-accounts/#post-4689515 Thu, 11 Apr 2013 00:04:06 +0000 ps Our strategy is Buy & hold/ Buy, renovate & hold and goal is to have a very positively geared portfolio in 10 years hence paying P&I right now. Another reason behind paying P&I right now is we're on good money right but this will change when we move out of mining in a couple of years and/or go to living on one income (in maybe 2 years) so…[Read more]

]]> aca4ea16b74c12244db5cf7fa3a2ee2d ClaireR replied to the topic Structuring bank accounts in the forum Help Needed! https://www.propertyinvesting.com/topic/4409145-structuring-bank-accounts/#post-4689514 Wed, 10 Apr 2013 23:55:36 +0000 Thanks Terry, I really appreciate your time taken to offer advice!

We rent (cheap accommodation that's subsidized by our employer) so don't have a PPOR therefore have our savings offset by the loan that's in the name of the person on the lowest tax bracket, that's one of the reasons I thought of having an transaction account for each property…[Read more]

]]> 85a954335c960ef57afadc7fd771a560 ClaireR replied to the topic Sharing personal and investment loans? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409098-sharing-personal-and-investment-loans/#post-4689239 Wed, 10 Apr 2013 06:39:02 +0000 Hi Jason, quick comment not relating to your question but to your situation, unless something has changed you need to live in the property for 12 months to get the full concessions, 6 months for FHOG but 12 months for the stamp duty concession that you also get for being a first home buyer and/or PPOR. 

My boyfriend had to pay back 3k to the…[Read more]

]]> 81af8ccf68cda99a63dac4c3d391a0ff ClaireR replied to the topic Property Investing Course in the forum Help Needed! https://www.propertyinvesting.com/topic/4409141-property-investing-course/#post-4689458 Wed, 10 Apr 2013 04:28:19 +0000 Less courses more work experience, try and get a part time job working for a real estate agent or even go around to all your local agency's and ask if you can do a few hours volunteering/work experience if they say no offer to mow lawns (on their rental property list)/do admin filing or reception for free in exchange for time with a real estate…[Read more]

]]> 16194ff6c95d8e5f2204d0f43e4ab309 ClaireR replied to the topic Structuring bank accounts in the forum Help Needed! https://www.propertyinvesting.com/topic/4409145-structuring-bank-accounts/#post-4689512 Wed, 10 Apr 2013 03:54:58 +0000 Thanks for the reply Scott, I love the colour coded cards, what a great idea!

Ps I really should have grammar checked before posting..

]]> 2bca37a2ec156a2e1a2e604b497ba190 ClaireR replied to the topic Pros and cons of purchasing an investment property next to a Police Station? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409143-pros-and-cons-of-purchasing-an-investment-property-next-to-a-police-station/#post-4689503 Wed, 10 Apr 2013 03:07:46 +0000 100% a good thing, the only tenants it's going to deter are people you’d never want renting your house! I put an offer on a IP last year that was across from a police station (I ended up being out bid) but still went through the whole thought process and talked to a number of friends who all agreed it’s only good thing.

]]> c6ade7178410545f81596d9e01c5dd15 ClaireR replied to the topic What should I do with my $250,000 in the forum Help Needed! https://www.propertyinvesting.com/topic/4408711-what-should-i-do-with-my-250000/page/2/#post-4686373 Wed, 13 Feb 2013 07:33:42 +0000 I should add it may depend what state you buy in, we bought in QLD. A quick google and look at the Office of State Revenue gov web site will confirm you have to live in it for 1 year not 6 months. May be different in other states.

On a positive note the pro rate pay back amount if you leave before the year is up is tax deductible…

]]> 58e695a26dd1035587c68774a3851086 ClaireR replied to the topic Commission areas - Positive CF adivce in the forum Help Needed! https://www.propertyinvesting.com/topic/4408738-commission-areas-positive-cf-adivce/#post-4686582 Wed, 13 Feb 2013 06:51:32 +0000 Can I ask what the cost difference is to the 'good' side of town?

I would never buy in the "bad" side of town as it may limit the capital growth long term and also limit better quality tenants. If the stats are that good why not spend more and buy in the 'good' side of town which should give you much better capital growth and where you may get…[Read more]

]]> c979af3b95fcefb9e01c6f24c11498f5 ClaireR replied to the topic What should I do with my $250,000 in the forum Help Needed! https://www.propertyinvesting.com/topic/4408711-what-should-i-do-with-my-250000/#post-4686370 Wed, 13 Feb 2013 06:22:55 +0000 Quick note if you do buy a PPOR (although note the best option by the sounds of it) you have to live in the place for 12 months – 6 months for the first home buyers grant yes but if you leave before the 12 months you have to pay back the government the stamp duty concession pro rata. Learnt the hard way over a year ago and our mortgage broker and…[Read more]

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