PropertyInvesting.com | Codie | Activity https://www.propertyinvesting.com/members/codie/activity/ Activity feed for Codie. Wed, 15 Apr 2026 11:37:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 67487ca93e6507bacc2aa61c06dbc404 Codie started the topic Private Sale - outside of agent after introduction- Brisbane QLD in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5042308-private-sale-outside-of-agent-after-introduction/ Tue, 16 Jan 2018 02:33:19 +0000 Hi all,

Just after some advice as a buyer,

I have placed an offer on a property where I contacted the agent, viewed the property through open home on a weekend with many others, then placed an offer the next day. First placing a deadline on my offer which has lapsed, then negotiated with Agent about 5x and come up to a price I had been told…[Read more]

]]> 83b3d4289d359aa562be6ab32d31b703 Codie started the topic Private Sale - outside of agent after introduction in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5042308-private-sale-outside-of-agent-after-introduction/ Tue, 16 Jan 2018 02:33:19 +0000 Hi all,

Just after some advice as a buyer,

I have placed an offer on a property where I contacted the agent, viewed the property through open home on a weekend with many others, then placed an offer the next day. First placing a deadline on my offer which has lapsed, then negotiated with Agent about 5x and come up to a price I had been told…[Read more]

]]> 25cb14d84e7f7fa96559e5c151b202c6 Codie replied to the topic Tax, gearing, depreciation, new build. in the forum Help Needed! https://www.propertyinvesting.com/topic/5020607-tax-gearing-depreciation-new-build/#post-5041863 Sun, 17 Dec 2017 02:14:57 +0000 Thanks Terry, I would love to come and speak with you but I read somewhere your not taking on anymore Clients :)

Im yet to speak with BMT and have an appointment with my tax accountant tomorrow, although I need to find a different one that actually owns property and better understands what we are trying to achieve..

]]> 9d53d1f8d2a15509ba7fe4c3160d8556 Codie replied to the topic Tax, gearing, depreciation, new build. in the forum Help Needed! https://www.propertyinvesting.com/topic/5020607-tax-gearing-depreciation-new-build/#post-5041862 Sun, 17 Dec 2017 02:11:54 +0000 Hi Benny, Thanks for the message!

Build went ahead – Have lived here for just over the 12 months now, Have just been pre approved for $750k if we sell or $550k holding onto this. https://www.realestate.com.au/property-house-qld-pimpama-126686478 – Rental appraisal $630-$670pw, 2x Bank Valuations $650k

However after much more education &…[Read more]

]]> 0facef9cff748d23eeea42a8dfcd5d90 Codie replied to the topic Investing in Frankston or Brisbane in the forum General Property https://www.propertyinvesting.com/topic/5023437-investing-in-frankston-or-brisbane/#post-5023478 Mon, 04 Apr 2016 12:34:02 +0000 I too have recent ally been speaking with Ben, very helpful guy. Had the same sort of advice, however more to buy past the BCC and in the mortenbay area, on a larger 600+ block, so a granny flat can be added. There is a lot of building happening just north of Brisbane.

Acacia ridge is 15km south of Brisbane CBD, I thought about this area also as…[Read more]

]]> eed1289d03f2eae01cd3b975b62e011d Codie replied to the topic Tax losses & Depreciation = Positively geared? / Joint venture in the forum Help Needed! https://www.propertyinvesting.com/topic/5022637-tax-losses-depreciation-positively-geared-joint-venture/#post-5022685 Tue, 15 Mar 2016 12:54:49 +0000 Thanks terry, those are defiantly the questions I don’t know the answers or pros & cons on.

Would you give your opinion on those 3 things?

Borrowing capacity (in my mind this is well increased because 4 people are able to service it.

Joint liability (also in my mind this is a good thing, things turn pear shaped for 1 individual there’s still…[Read more]

]]> 07f30e4a9899c8902e9b0f141fbe3fcd Codie replied to the topic Tax losses & Depreciation = Positively geared? / Joint venture in the forum Help Needed! https://www.propertyinvesting.com/topic/5022637-tax-losses-depreciation-positively-geared-joint-venture/#post-5022653 Tue, 15 Mar 2016 00:52:33 +0000 Thanks for your reply,

You are correct its 70k by 4 ways, and also correct on our focus of generating income, this is our main goal however, If we could some how figure out how to make that $60k work for us that’s a lot of cash we can use for a deposit, 2x decent renovations, servicing a couple loans for a year etc etc the list goes on.

Do you…[Read more]

]]> 513f4b89819d377571fa8f54d17556ff Codie started the topic Tax losses & Depreciation = Positively geared? / Joint venture in the forum Help Needed! https://www.propertyinvesting.com/topic/5022637-tax-losses-depreciation-positively-geared-joint-venture/ Mon, 14 Mar 2016 11:16:46 +0000 I have a couple of questions in regards to a strategy I am trying to implement currently, would love to hear if anyone thinks its a bad idea and why.
2x couples looking at investing in property, (combined income of $270k) our main goal is aiming for + geared property in Gold coast/ Brisbane- Mostly around the $300k mark, outskirts, needing a…[Read more]

]]> 1d48e11dabcee28cecbeab1e11a052e6 Codie replied to the topic To Sell or not sell bad investment in Inner Brisbane Suburb? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022592-to-sell-or-not-sell-bad-investment-in-inner-brisbane-suburb/#post-5022633 Mon, 14 Mar 2016 10:20:42 +0000 A friend of mine has just sold his Unit in new farm, paid about the same as you around the same time, in an older 8 unit complex, however he was able to make changes and renovate his and ended up just settling for $405k. I’m not sure what state yours is in or if you can renovate at all, but I know Unit prices seem to be flat if not slightly…[Read more]

]]> 87bb1de56d1d926aa259ce508da0f4f2 Codie replied to the topic Tax, gearing, depreciation, new build. in the forum Help Needed! https://www.propertyinvesting.com/topic/5020607-tax-gearing-depreciation-new-build/#post-5020658 Tue, 23 Feb 2016 11:16:33 +0000 Really from all info I can find I would have thought we have a good deal?? That works out to $1,150sqm.

Maybe your thinking just the build?
That build price is finished, driveways, landscaping, deck, ducted aircon, 6kw Battary solar, fencing, full render. 2 story house.. I would have thought $1150sqm is a fair to good price for a above normal…[Read more]

]]> dfdd0cc3e10fb15f5b1c21c2b95819d0 Codie replied to the topic Tax, gearing, depreciation, new build. in the forum Help Needed! https://www.propertyinvesting.com/topic/5020607-tax-gearing-depreciation-new-build/#post-5020609 Mon, 22 Feb 2016 13:30:09 +0000 Thanks benny,

Build cost is $341k.
Reasonably mid to high level build.

Those figures of 27k are from a simple phone conversation- someone’s opinion.

Using an online calculator came up with a simaler result for a house of that Sqm and inclusions. Capital works make up $8,500 of that figure, min to max is $21,000- $27,000- using demonishing…[Read more]

]]> 3fcf0635b0cc621014862b4822c4281b Codie started the topic Tax, gearing, depreciation, new build. in the forum Help Needed! https://www.propertyinvesting.com/topic/5020607-tax-gearing-depreciation-new-build/ Mon, 22 Feb 2016 12:00:32 +0000 Team,

Just after some info/advice on my current situation. Myself & partner are 26, combined income of $131k gross.
Building a new 5 bedrm house in Gainsborough greens estate, pimpama. Plan is to live in it for 12months, then rent it out, buy & move into a 3bedrm town house or similar that needs renovated, turn around in 12months & repeat.…[Read more]

]]> 6a59117653cb10850d55d8ad0b61a259 Codie replied to the topic Advice for a first time investor re property in Pimpama in the forum Help Needed! https://www.propertyinvesting.com/topic/5018682-advice-for-a-first-time-investor-re-property-in-pimpama/#post-5020535 Sat, 20 Feb 2016 15:06:23 +0000 I have personally just bought here, in release 3 Gainsborough greens estate. Obviously there is a lot of new builds here & still a lot of land, but with the new approved Westfield due to be finished in 2017 500m down the road im hoping there’s potential.

The estate is built by Mirvac and actually has some strict covenants with full render,…[Read more]

]]> 76c83feda56729bb53f1f8afd7eaa45e Codie replied to the topic IP Deposit help in the forum Help Needed! https://www.propertyinvesting.com/topic/5020520-ip-deposit-help/#post-5020534 Sat, 20 Feb 2016 13:48:06 +0000 Hey Jesse, no expert myself just thought I’d throw my opinion in..

My personal thoughts if I was in your situation, would be to use the money entirely to avoid low equity insurance (appx $17k in your case) and depending on your situation, after 6 months refinance & go for either your own home or another IP.

I’ve personally just gone through…[Read more]

]]> 1d0514478d8bddd5aabdb7e76f8061f8 Codie became a registered member https://www.propertyinvesting.com/activity/p/336748/ Sat, 20 Feb 2016 13:36:59 +0000