https://www.propertyinvesting.com/members/corhig/activity/ Activity feed for corhig. Tue, 14 Apr 2026 23:20:55 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 b180f6924bc40a2d31d28d4cb9d6a558 https://www.propertyinvesting.com/topic/4392956-sydney-finally-turning/#post-4585885 Sun, 17 May 2009 08:07:27 +0000 Jarra,I'd like to hear about your experience with Metropole.  What did you use them for?

]]> 1449a33bac8e32330725bdaf64745501 https://www.propertyinvesting.com/topic/4393932-destiny-financial-solution-destiny-global-mortgage/#post-4591412 Fri, 26 Sep 2008 10:38:20 +0000 Athers, just for interest, what type of loan did Destiny recommend for you?

]]> 92baa79e70e89a292e38e1b4b63b22cd https://www.propertyinvesting.com/topic/4393788-development-subdivision-taxation-questions/#post-4590680 Tue, 22 Jul 2008 08:32:41 +0000 Hey Richard,You must be back home by now !!  Would you please answer the first question soon – I too am interested in the reply !!

]]> 4da4c4010c84e27b22218f1129fe7494 https://www.propertyinvesting.com/topic/4393779-negative-gearing-review-by-govt-what-is-the-status/#post-4590537 Sat, 19 Jul 2008 06:58:03 +0000 I agree with Yarpos, sounds like a bit of the green eyed monster.Potential FHO – you too can be an investor and claim negative gearing benefits.  Sometimes the best way to get into the property market is to buy an investment so you can get the rental and tax benefits; and continue renting where you want. 

]]> 635ca1704c1629659952c17d6fd6f03d https://www.propertyinvesting.com/topic/4393743-private-rent-vs-agent-managed/#post-4590337 Tue, 15 Jul 2008 08:05:24 +0000 Personally, I would get too emotional managing the properties myself.  We have 5 and go through PM's every time.  They actually don't get much money for what they have to do.  I know that if I got to know a tenant, after a year, when normally I would ask the PM (or they would suggest to me) to increase the rent, I would personally find it di…[Read more]

]]> e60aa4bd3cd5ff4cc7ff6d06c0df99fd https://www.propertyinvesting.com/topic/4393686-do-i-give-up/#post-4590054 Tue, 15 Jul 2008 07:54:24 +0000 Hi MattI agree with the most of the above posters – DON'T attend any more seminars.  Read library books, get yourself a decent broker.  Richard (QLD007) from this forum sounds pretty good if you are in QLD, I think he even helps people in other states.  Seminars are OK to get you going, but after so many if you are feeling disheartened, give th…[Read more]

]]> 33da3202923021bf114119f8875f71df https://www.propertyinvesting.com/topic/4393678-what-to-do-when-changing-pms-with-a-current-lease/#post-4589999 Sun, 06 Jul 2008 09:28:36 +0000 Hi Angela,We did the same thing a few years ago, wasn't happy with the old PM's.  The new PM handled EVERYTHING.  They contacted the old PM, got all the paperwork sent across, contacted the tenants.  There was nothing we did except sign a new agreement with the new PM.   They didn't charge us any leasing fee as they didn't need to advertise etc.…[Read more]

]]> c63880bcec6bd1fe66405d7ac9cee87d https://www.propertyinvesting.com/topic/4392978-sudividing-and-selling-back-yard-planning-fees/#post-4585982 Wed, 02 Jul 2008 09:15:29 +0000 Winzer, as far as I can tell, your costings look pretty fair – we are doing the same thing in Doveton, and our costs are similar.  So far we have just received planning permit from council; and are now in the process of getting building permit (we are going to build the back unit, then subdivide).  We haven't been bitten by any unplanned for co…[Read more]

]]> 9d6d35662aa1742b9737571242d4db72 https://www.propertyinvesting.com/topic/4393626-2-houses-one-lot/#post-4589698 Tue, 01 Jul 2008 11:01:34 +0000 Hi Rob,I'm surprised the driveway is considered too narrow – we just have planning permit issued for a back unit, and our drive is less than 3.5 metres.  Depends on the council I suppose; but investigate further.  Don't just take the first no for an answer.  3.9 is quite a wide driveway. 

]]> 4a178b61494f9b5bc6100833fd3056f6 https://www.propertyinvesting.com/topic/4391932-martin-ayles-development-blueprint-sell-me-yours/#post-4580603 Tue, 01 Jul 2008 10:47:53 +0000 Not sure what    …..bump means !!!But I have a copy I'm willing to sell.  Email mecoraliehiggins@hotmail.com

]]> 186ddd0724070456e91307a731dd3e1f https://www.propertyinvesting.com/topic/4393618-active-property-network-melb-meeting-7th-july-all-welcome/#post-4589644 Tue, 01 Jul 2008 10:39:32 +0000 Hi TroynBec,I'm a newbie and plan to come along.  Do you want me to email you outside this forum?

]]> 80b0cfd17b2576d3a3a811ea634633b3 https://www.propertyinvesting.com/topic/4393256-flatpax-kitchen/#post-4587631 Fri, 27 Jun 2008 09:24:55 +0000 Hi Bricks and Morter,What state are "Sizewise" in?

]]> 77d18475ac4682a815b780256fa6314a https://www.propertyinvesting.com/topic/4393347-property-investing-books/#post-4588190 Wed, 28 May 2008 08:30:48 +0000 Jan Somers books also – very easy read

]]> 348e7dc4ac439fe6410feabc0ff1157a https://www.propertyinvesting.com/topic/4393301-registering-for-gst/#post-4587978 Mon, 26 May 2008 09:16:03 +0000 Hi there RudolphMy mortgage broker just advised the same thing to me, but basically said you don't have to use your ABN, just create it.    I just registered online at http://www.abr.gov.au and when it came to registering for GST, choose the option (can't exactly remember the wording) but its 'optional' registration not compulsary.  Also choose under $74…[Read more]

]]> b8e6c540615c40dbbdde162c767d5f3a https://www.propertyinvesting.com/topic/4391189-destiny-financial-solutions-4/#post-4576050 Wed, 28 Nov 2007 10:28:01 +0000 Hi there,I too was considering going with Destiny at the beginning of this year.  Had a one on one meeting in Melbourne, but the one thing that put me off, and eventually dissuaded me from going with Destiny, is that they absolutely push cross-collaterisation.  Part of the service (& I gather a huge part) is offering a broking service, and if y…[Read more]

]]> 214d4700336f1a014bc6b7735bc63108 https://www.propertyinvesting.com/topic/4389796-our-first-reno-project/page/13/#post-4568703 Thu, 04 Oct 2007 11:48:21 +0000 Sorry me again – forgot to ask – what is the name of the Furniture Hire Company you used?

]]> 2e771df06922cc0e6780d5d860874f91 https://www.propertyinvesting.com/topic/4389796-our-first-reno-project/page/13/#post-4568702 Thu, 04 Oct 2007 11:36:26 +0000 Well done Jase & Flic, I'm really happy for you that you got that great offer so early, but a bit disappointed as I was gearing up to go to the second open for inspection.  Oh well.  I'll really miss your posts, so hurry up and do the next one ! 

]]> 99ed50d17fac90eb89ee27aed636948d https://www.propertyinvesting.com/topic/4390745-what-do-i-do-now-4/#post-4573933 Mon, 10 Sep 2007 10:43:00 +0000 Organise an insurance covernote ASAP, once contract signed BEFORE settlement.  Then organise quantity surveyor – even if it is an old property, there still maybe some writeoff in it, and the QS report is also deductible.  Great finding KingB.  Did you have help with other agents viewing it for you, and a building inspector etc?

]]> fcfc1585eee8daabd1fc57d90edcd414 https://www.propertyinvesting.com/topic/4390720-buy-low-sell-high-renee-rivkin/#post-4573846 Mon, 10 Sep 2007 09:24:32 +0000 Hey L.A. Aussie,  Books sounds great – My Dad & myself play golf every Tuesday afternoon, and I'm not getting any better !!  Is the book available in Australia? 

]]> b8e0e11c2423293ab7b4cb7e65bfa3c6 https://www.propertyinvesting.com/topic/4390697-property-investment-groups/#post-4573452 Wed, 05 Sep 2007 08:48:15 +0000 Use these companies up as much as you can.  In 2003 we also had a meeting with a company who drove us to the site of their latest developments, showed us great numbers, rental guarantee and gave us the very hard sell – sign now or you'll miss the last townhouse.  We signed, knowing there was a 3 day cooling off period.  Then I did my research fo…[Read more]

]]> fb16ef21e246eedfa13882f7f7fece2b https://www.propertyinvesting.com/topic/4390660-from-ip-to-ppor-and-then-back-to-ip-again/#post-4573287 Sun, 02 Sep 2007 07:31:48 +0000 From my limited experience, I believe CGT is applicable to the portion of time it has received income.  So I you rented it out for say 3 years and had lived in it for 1 year, then CGT would be applicable to 75% of the profit (divided by 2 because you've held it for over 12 months)

]]> 87579cf3a6f66152e84118de3350e529 https://www.propertyinvesting.com/topic/4390586-capitalising-interest-2/#post-4572825 Fri, 31 Aug 2007 22:35:39 +0000 Equity is not a problem – its the serviceability lenders tend to look at before equity (I think).  We have thought about selling one of our properties but thats a last resort.  Would like to do the next project first (ie. subdivide, build, then sell one); see if that increases serviceability, then do it all again

]]> dcbd4095b90a4634b519b30280d6cf39 https://www.propertyinvesting.com/topic/4390627-thinking-of-building-with-national-builders-vic/#post-4573024 Thu, 30 Aug 2007 08:45:39 +0000 Have a further look on this forum under Community, Heads up – massive post there.  Might make up your mind.Personally, we build with NBG through a builder called Infinity Group in Rowville – OK experience.   Had to chase them up alot.NBG do good sales pitch, but once your handed over to the builder & have committed yourself, service is another th…[Read more]

]]> b47f263fb369429596da8ba913988078 https://www.propertyinvesting.com/topic/4390586-capitalising-interest-2/#post-4572819 Mon, 27 Aug 2007 10:16:56 +0000 Thanks Terry – that's an interesting concept -will definitely look into that one.

]]> 724ef7cd59b5d9a807d7f1d714104d81 https://www.propertyinvesting.com/topic/4390543-resident-home-loans/#post-4572633 Thu, 23 Aug 2007 10:22:28 +0000 Richard, not sure what you mean by 'fully insured lender' severely limiting my future investment plans?  Can you please explain this further?

]]> 6e6ca0e1f07bbb0a6945353823f6318b https://www.propertyinvesting.com/topic/4389784-subdividing-basics/#post-4568357 Sun, 19 Aug 2007 07:11:35 +0000 jc1979 wrote:
We purchased an investment property in the eastern suburbs of Melbourne….knocked it down and build 2 units.  Bank valued the two properties together at $900k.We are now in the process of subdividing it.  Cost so far is about $5k.  Just getting the final papers done by the solicitor so unless he slaps us with a ridiculous bill the…[Read more]

]]> f39977ef3d899037e9676e9c15eb6f60 https://www.propertyinvesting.com/topic/4389796-our-first-reno-project/page/9/#post-4568605 Sun, 19 Aug 2007 06:57:28 +0000 Hi Jason,On my way home from doing some painting on one of our rentals in Skye, I popped past your place in Noble Park (best side of Noble Park too).  Met Anthony & his wife, who showed me around.  Please thank them for me.  The place looks great, so much work going on.  I think the deck will sell the house, such a great private area !  Did you…[Read more]

]]> 4266a8ca711dea4128047cbbb63279cf https://www.propertyinvesting.com/topic/4388905-x-collateralising/#post-4564326 Mon, 09 Jul 2007 08:03:33 +0000 Thanks for that V8ghia.  As a newbie investor, I've definitely been 'tricked' by lenders before.  Next IP I'll definitely be on the ball regarding paperwork and securities. 

]]> f27f86f6b05171dfe4391b5240694a99 https://www.propertyinvesting.com/topic/4388905-x-collateralising/#post-4564324 Mon, 09 Jul 2007 05:51:03 +0000 Hi there,  this is my first post to this forum, so be gentle !!So is it OK to have a few IPs with the one lender, as long as they're separate loans?  Or does the lender just lump them all together?

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