PropertyInvesting.com | collie | Activity https://www.propertyinvesting.com/members/collie/activity/ Activity feed for collie. Sun, 12 Apr 2026 23:33:33 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f0eab0854ab7606c1639e5bb03156eaf collie replied to the topic Selling a lemon in the forum yes, we are only just https://www.propertyinvesting.com/topic/4399044-selling-a-lemon/#post-4618852 Tue, 09 Mar 2010 07:05:49 +0000 yes, we are only just getting proactive, very late obviously. The developer has been paying for a lot of advertising already and we just let things slide over christmas, stupid thing to do i know, anyway thanks for everyone’s replies, a lesson perhaps for people in what NOT to do

]]> 812871a8edb3958830ff933f0c2ee043 collie replied to the topic Selling a lemon in the forum Help Needed! https://www.propertyinvesting.com/topic/4399044-selling-a-lemon/#post-4618848 Mon, 08 Mar 2010 09:02:40 +0000 we considered the retirement unit as it is positive cashflow (with a tenant) We have advertised the unit for 3 weeks as a rental with only 2 responses and 1 inspection.

Just a Crappy decision at the end of the day, have to learn the lesson and move on….

]]> 05dbd35cc8945b651dfc28a4199dbc0c collie replied to the topic retirement village units in the forum Help Needed! https://www.propertyinvesting.com/topic/4394719-retirement-village-units/#post-4595614 Wed, 21 Jan 2009 04:32:37 +0000 We have recently settled on a strata titled retirement village unit in wangaratta VIC. The 1 br unit cost us $109,000 we got a 80% loan through Widebay Australia, a credit union based in QLD. We were without a tenant for 2.5 months as this was a new development, we now have a tenant paying 1050 p/mth, a good return, after costs we are ahead $30…[Read more]

]]> fe19bc9e761ae77604c065ccc8ceae17 collie replied to the topic need to sell house/no land in the forum Value Adding https://www.propertyinvesting.com/topic/4381917-need-to-sell-houseno-land/#post-4527736 Mon, 29 Aug 2005 05:28:16 +0000 Hi, there are many ways i’m sure to sell your house. Advertise in local paper, trading mail, call local house removal people and see if they are interested as some of them buy and then transport to their stockyard and then sell themselves.
Goodluck….

collie

]]> 2852ac55b3f57d22e211913510c2abf4 collie replied to the topic Best way to finance this? in the forum No Subject https://www.propertyinvesting.com/topic/4381560-best-way-to-finance-this/#post-4525436 Wed, 10 Aug 2005 05:15:12 +0000 It is a large 5 bedroom house.
How would I find out wether I can use exisitng property as security? Is it best to just get a broker on the case?

collie

]]> da23cdfaa715fb41358c7aee8f110f8d collie replied to the topic Best way to finance this? in the forum No Subject https://www.propertyinvesting.com/topic/4381560-best-way-to-finance-this/#post-4525434 Wed, 10 Aug 2005 03:45:01 +0000 Don’t really have nay cash to put in, as we need to keep a bit for furnishing the place.
Thanks for your reply Terry.
Regards,

collie

]]> 505c4c0c452573ec4546561097a7d007 collie replied to the topic Our first deal!!! in the forum General Property https://www.propertyinvesting.com/topic/4380263-our-first-deal/#post-4516379 Thu, 16 Jun 2005 07:01:00 +0000 Never heard of the place but great to see I have one named after me 9or my nickname anyway!!)
:)
Thanks all

collie

]]> bc08c0761bd223cb5e4f812dba3830c4 collie replied to the topic Is this Legal? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4380773-is-this-legal-3/#post-4520136 Thu, 16 Jun 2005 01:35:04 +0000 Thanks Terry for your reply. Much appreciated.

collie

]]> 0c0020e0c76c4191020774552ccacdc8 collie replied to the topic please help us ... in the forum General Property https://www.propertyinvesting.com/topic/4380438-please-help-us/#post-4517688 Wed, 25 May 2005 01:37:17 +0000 Hi,
My husband and I have just settled on our first property and used a buyers agent who cost less than $6000 alot less, found a property for us in under a month which is positive cash flow by about $45 per week, she frequents these message boards at times and her forum name is scotty3. Maybe you could PM her if you are interested?
Hope this is…[Read more]

]]> f47a37568794466b1214a7041860ccc9 collie replied to the topic Development Opportunity? in the forum No Subject https://www.propertyinvesting.com/topic/4380277-development-opportunity/#post-4516476 Sun, 15 May 2005 05:39:35 +0000 Hi Robert and thanks for your reply.
We have about $14,500 equity in our new property and that is about it!!
Also have family who may be willing to go guarentor with a house worth about $300,000
Anyone else have any comments on the developing side?
Thanks Again

collie

]]> c2b7edfb062452d6aa77163419aa70ec collie replied to the topic Running costs of trust? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4380264-running-costs-of-trust/#post-4516386 Sun, 15 May 2005 04:26:43 +0000 Thanks Guys for your replys, I think we are going to have to do some in depth research cause alot of this trust stuff doesn’t make alot of sense at the moment!!
Anyway onward and upward!!!!!!!!
Research, Research and more research!!!!

collie

]]> b411849e9c039cd81ef75add596d5cc1 collie replied to the topic Our first deal!!! in the forum General Property https://www.propertyinvesting.com/topic/4380263-our-first-deal/#post-4516377 Sat, 14 May 2005 03:34:58 +0000 Hi Kay,
We didn’t need a 30% deposit as unit is classed as a residential property. We actually loaned 90% purcahse price. Our buyers agent only cost us $3000 which I think was a bargain becasue has really helped us to overcome our fear and procrastination.
Hotel group pays all cost as part of the lease… they lease unit to tourists as fuuly…[Read more]

]]> 1ed16df32dc738ef2acb497988529c42 collie replied to the topic Our first deal!!! in the forum General Property https://www.propertyinvesting.com/topic/4380263-our-first-deal/#post-4516375 Sat, 14 May 2005 03:11:41 +0000 Thanks guys for your encouragement!!!
Love to catch up Padmaa with updates of your deals too!!
PM me and we’ll arrange a time to get together.
Regards,

collie

]]> bece31563dd402b981a7edf7339e8823 collie replied to the topic just starting in the forum Help Needed! https://www.propertyinvesting.com/topic/4379893-just-starting-6/#post-4513407 Tue, 26 Apr 2005 08:48:37 +0000 Hi, anytime is a good time to invest as long as you have stratergies in place to protect yourself and certainly I would be having a bit of a buffer in place for when interest rates rise.
Goodluck!

collie

]]> 302925cc4bd3d15c39888c7c27a3b76a collie replied to the topic What would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4379819-what-would-you-do-8/#post-4513024 Tue, 26 Apr 2005 08:44:47 +0000 i’d use it for a deposit for another property and definately put it in a offset account while looking for another property as Terry suggested.
Good luck and good on you for being in such a financial position at your age.

collie

]]> b35137060eaf66f4a2857d7c0130f9a7 collie replied to the topic Calculating CF + in the forum Help Needed! https://www.propertyinvesting.com/topic/4379785-calculating-cf/#post-4512890 Tue, 26 Apr 2005 08:39:19 +0000 I’ll back up the Jaffasoft recommendation it is very hepful also another you can try is http://www.yourmortgage.com.au go to calculators and then to link, can I afford an investment property.
Goodluck.

collie

]]> 45c8160a08325c35c499e1683fab23c0 collie replied to the topic First time investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4379828-first-time-investor-5/#post-4513061 Mon, 25 Apr 2005 11:50:36 +0000 Before buying ask yourself the question “Why am i buying property?” “What am I hoping to gain from this?” For example if you want to buy and hold for the long term and are relying on CG to bring you profit your stratergy will be different than if you were wanting to biy a cashflow property that makes money from day one, and then different agian if…[Read more]

]]> 293b58cf500fd505d190eea74e2fea81 collie replied to the topic Getting Started in the forum Help Needed! https://www.propertyinvesting.com/topic/4379868-getting-started-25/#post-4513282 Mon, 25 Apr 2005 11:44:40 +0000 No you are not eligible for the FHOG if you are living with your partner and they have owned property before. Look at ato.gov.au and follow links to FHOG info or go to http://www.osr.nsw.gov.au if you live in NSW.
In answer to first question lots of finance and banks sites have calculators for costs also jaffasoft.com does too.
Have Fun!!

collie

]]> 56d9e3293cf3bdf0a2c0baf518bfaac6 collie replied to the topic Beginners Question Please in the forum Help Needed! https://www.propertyinvesting.com/topic/4379869-beginners-question-please/#post-4513285 Mon, 25 Apr 2005 11:39:00 +0000 Most bank sites have there own calculators on there loan info pages, also in the links page on this site there is a few links to sites with calculators on them.
Hope that is helpful,
Cheers,

collie

]]> 44a4d1aba97e02749ceb6b029a292dcc collie replied to the topic where do i start? how do i start? in the forum Help Needed! https://www.propertyinvesting.com/topic/4376592-where-do-i-start-how-do-i-start/#post-4493609 Mon, 11 Apr 2005 08:02:59 +0000 Actually you can still access FHOG if you buy an investment property. Look on the ATO website the rules have changed, as long as you do not live in the property you can access the grant when you go to buy your new home. Alas you do miss out on the stamp duty concesions though……………
Mu hubby and I put off buying property for years because…[Read more]

]]> 258586320566641b6eff78457b6b7ad6 collie replied to the topic Accessing Equity? in the forum Finance https://www.propertyinvesting.com/topic/4379256-accessing-equity/#post-4509742 Wed, 23 Mar 2005 12:17:19 +0000 Thanks for your replies guys, so refinancing is in your opinion the best and only way to access equity. I want to acess my equity to buy further investment properties, using equity as deposit.
The equity access loan is fee free.
Thanks Again…….

collie

]]> f7a72cd014ff921e50b29fbd97ca6f51 collie replied to the topic Am I doing numbers right? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378576-am-i-doing-numbers-right/#post-4505558 Thu, 10 Feb 2005 05:27:11 +0000 I am basing my sale figure on other comparable homes in the same suburb, this house is a deceased estate so it is going cheap…
Thanks for your help and input everyone.

collie

]]> fca54a4d24bd85e83ac0aeffc6a6f615 collie replied to the topic Am I doing numbers right? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378576-am-i-doing-numbers-right/#post-4505554 Wed, 09 Feb 2005 03:09:19 +0000 To me the house is not rentable in current order. rae considering selling 6 months after renovating with tenent in place. The CGT I was calculating was on my income which is FTB of $5200 per year.

collie

]]> ed1d007b7459509d5e6386faee407ac9 collie replied to the topic Share Housing / Renting in the forum Help Needed! https://www.propertyinvesting.com/topic/4378567-share-housing-renting/#post-4505504 Wed, 09 Feb 2005 02:55:58 +0000 You could call the tenancy board in your state and see what they say and also call a few local agents to see if they will manage for you at what cost etc.
Good Luck. Other people on this forum invets in this way so maybe do a search or something.

collie

]]> 44666b7873d29b0c218c6744a1f7e812 collie replied to the topic Am I doing numbers right? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378576-am-i-doing-numbers-right/#post-4505552 Wed, 09 Feb 2005 02:49:35 +0000 Hey Padma thanks for your reply, agents fees are included in selling fee, I have allowed $6000 which is 2.5% of selling price. I got that figure from one of Steve’s books.
Thanks,

collie

]]> 62bc34d793119aab3e2000708f9d872d collie replied to the topic finance for hall conversion in the forum Finance https://www.propertyinvesting.com/topic/4378520-finance-for-hall-conversion/#post-4505314 Tue, 08 Feb 2005 05:47:12 +0000 Thanks for all your replys. Have decided not to go ahead as there is hassles with no parking……..

collie

]]> 388901366e50381e526a263b14e95074 collie replied to the topic finance to be supplid by clause? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378431-finance-to-be-supplid-by-clause/#post-4504719 Tue, 01 Feb 2005 14:20:54 +0000 Cool thanks derek. So you could get out of a contract if your financier rejected your loan application?

collie

]]> 8ea5134f67d3ad9081fac07b1e43d2df collie replied to the topic too much risk for first deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378204-too-much-risk-for-first-deal/#post-4503441 Sun, 23 Jan 2005 06:04:20 +0000 thanks for the replys, at 7% interest over 30 years it would cost us $64 per week!!!!!!!!!!!!!!!
I must do this calculations before I get ahead of myself. :(
I just seem to be going round and round in circles with this whole investing thing!
Back to the drawing board, though I will still churn over this deal a bit more…………

collie

]]> 584c978c38197cf226db3a7c3ebf986e collie replied to the topic Albury Property Investors Group Meeting in the forum General Property https://www.propertyinvesting.com/topic/4375139-albury-property-investors-group-meeting/page/2/#post-4483940 Fri, 21 Jan 2005 06:13:12 +0000 Maybe, still tossing up wether to come or not. Would probably have to bring my 12 month old son, would that be okay?
I was wanting to wait until my hubby had finished harvest to come with him, but won’t be done by tommorrow due to storm :(
bummer. Anyway have fun and if I do decide to come at the last minute I will call you.
Thanks,
PS, After I…[Read more]

]]> ced7d04ac43b36c3ee3f521e9bdf6bc2 collie replied to the topic Albury Property Investors Group Meeting in the forum General Property https://www.propertyinvesting.com/topic/4375139-albury-property-investors-group-meeting/#post-4483938 Thu, 20 Jan 2005 07:50:27 +0000 what time approx?

collie

]]> 7242e2f4362ee6d7c0db4e814f763048 collie replied to the topic Cost of Strata Titling in the forum Creative Investing https://www.propertyinvesting.com/topic/4377882-cost-of-strata-titling/#post-4501426 Tue, 18 Jan 2005 03:09:16 +0000 Byronent
So was the cost about $10,000 for all your units, is that right?
We are interested in Strata Titling 4 units, and selling 2 off and keeping 2 as +cf properties after renovations.

collie

]]> 5752a1b39308aade45e33b19aeae646a collie replied to the topic Albury Property Investors Group Meeting in the forum General Property https://www.propertyinvesting.com/topic/4375139-albury-property-investors-group-meeting/#post-4483934 Tue, 18 Jan 2005 02:58:49 +0000 Hi, I am still interested in a property group meeting @ Albury. Have PM Padma, so will see what happens.

collie

]]> 70da97615200fc966f2b488b710f6e67 collie replied to the topic Albury Property Investors Group Meeting in the forum General Property https://www.propertyinvesting.com/topic/4375139-albury-property-investors-group-meeting/#post-4483930 Fri, 07 Jan 2005 07:14:27 +0000 hi jaffasoft, my husband and I live near Albury and would be interested in coming to a investing group.
Let me know if you do establish a group or something.
We are new at this game and could use all the support we can get.
What do you think of the investment potential for albury/wodonga at the moment?
Seeya!!

collie

]]> 2c1d7142311230c443b61474aee85f9b collie replied to the topic relocatable house finance needed in the forum Finance https://www.propertyinvesting.com/topic/4377457-relocatable-house-finance-needed/#post-4498427 Fri, 17 Dec 2004 08:11:19 +0000 thanks for your replies.
I understand why you must be feeling confused Robert as my numbers are not adding up are they. The $100,000 price was a wild guess but we were hoping to buy the land and house and complete the package at a cost of $70,000 and then sell for $110,000.
Thanks Again.

collie

]]> a8dc25b5366f4cb392e24b907c060ed7 collie replied to the topic relocatable house finance needed in the forum Finance https://www.propertyinvesting.com/topic/4377457-relocatable-house-finance-needed/#post-4498424 Fri, 17 Dec 2004 05:07:48 +0000 not sure wether we can get a fixed price contract, would that be the best option from a financier point of veiw?
We expect the house to of comparable value to other properties in the district, as alot of the properties in this town are “renovators delights” that people are currently charging exorhbant amounts for (eg we looked at house 2 years ago…[Read more]

]]> 8067f6ec1065a3a6e4d492547936f2ec collie replied to the topic relocatable house finance needed in the forum Finance https://www.propertyinvesting.com/topic/4377457-relocatable-house-finance-needed/#post-4498422 Fri, 17 Dec 2004 04:55:23 +0000 Ok if we get finance to cover the land we will probably have enough to cover the relocation of house. Can we then obtain finance to complete the renovations?
TA

collie

]]> 596f31e58f13413d2e9c1f6ef02c117a collie replied to the topic relocatable house finance needed in the forum Finance https://www.propertyinvesting.com/topic/4377457-relocatable-house-finance-needed/#post-4498420 Fri, 17 Dec 2004 04:43:32 +0000 thanks for your help and no that wasn’t a typo!!!!
Can you help us at all? I mean in a professional sense.

collie

]]> 9f255c4e977642766ca6e6b39f063d7f collie replied to the topic relocatable house finance needed in the forum Finance https://www.propertyinvesting.com/topic/4377457-relocatable-house-finance-needed/#post-4498418 Fri, 17 Dec 2004 04:14:23 +0000 We will probably need to borrow $70,000 to $100,000? We are just in the starting stage of this plan and are wanting to know wether we could get finance. We have no debts and only pay $70 per week rent. We bring home about $1100 per fortnight.

collie

]]> 22a825a832b7b8e467cb738e98ce24ce collie replied to the topic relocatable house finance needed in the forum Finance https://www.propertyinvesting.com/topic/4377457-relocatable-house-finance-needed/#post-4498416 Fri, 17 Dec 2004 03:55:38 +0000 what on earth is a ‘vanilla’ deal?
what info do you need to know? The block we are buying will cost aprox $15,000

collie

]]> 0906e5818d673d11bab08f18b69c7fac collie replied to the topic uni house help in the forum Help Needed! https://www.propertyinvesting.com/topic/4377426-uni-house-help/#post-4498177 Thu, 16 Dec 2004 03:17:10 +0000 thanks everyone for taking the time to reply and share your thoughts.[biggrin] We have decided as this is our first property venture that we will not go ahead with the uni house idea. I think it will be just a bit complex for our first go, also having trouble with obtaining finance and thinking that $105/week for a student is pretty steep…[Read more]

]]> 0a6ca6d7520735b765ba8d1fa08d295c collie replied to the topic uni house help in the forum Help Needed! https://www.propertyinvesting.com/topic/4377426-uni-house-help/#post-4498173 Wed, 15 Dec 2004 08:40:41 +0000 HELLO!!!
Does anyone have any comment pleeeeeeeeeeeease?
Thanks

collie

]]> ec0074350dd4e6708063509fbd1a10cb collie replied to the topic cheap building ideas (kithomes barns etc) in the forum Value Adding https://www.propertyinvesting.com/topic/4377078-cheap-building-ideas-kithomes-barns-etc/#post-4496090 Fri, 10 Dec 2004 07:41:11 +0000 What about buying a house that needs to be relocated from another property (eg. the owner buys a block and wants to build a new house and get rid of the old one) I knoe people do this in OZ not sure about NZ?
Good Luck
Collie

collie

]]> 2aec549d7faf760ddb37e71b31f5edbc collie replied to the topic what do you think? in the forum No Subject https://www.propertyinvesting.com/topic/4377356-what-do-you-think-6/#post-4497706 Fri, 10 Dec 2004 04:12:22 +0000 thanks for your reply. say we are comfortable investing in this town, what do you guys think of my subdividing idea?

collie

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