PropertyInvesting.com | craigc | Activity https://www.propertyinvesting.com/members/craigc/activity/ Activity feed for craigc. Sun, 12 Apr 2026 02:45:03 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8fa3d2ae55dcc6cb61fb2bf639d56f80 craigc replied to the topic Finding tenants... in the forum General Property https://www.propertyinvesting.com/topic/4369197-finding-tenants/#post-4437812 Mon, 03 Nov 2003 23:39:57 +0000 Hi Jetstream.

I would still try the uni web site you never know. News papers should work well if you make the propery sound inviting. Make shore you use some type of application form this often seperates the man from the boys.

Cheers
Craigc.

]]> 4a67ab13ca4e081e999496c64cf5dfc6 craigc replied to the topic Place your bets - Interest Rates ?? in the forum No Subject https://www.propertyinvesting.com/topic/4369178-place-your-bets-interest-rates/#post-4437640 Sun, 02 Nov 2003 22:56:19 +0000 G’day Paul
I agree with Kay. I think she is right ,Jack Boot Johnny will hold rates down until after the next election. He may even convince the reserve bank to drop the rate just a smige before the election, to fool the people into voting for the libs again.
Do not get me wrong I have not got a dislike for the libs or thier leader, I just think…[Read more]

]]> 03b7ccb5abb797c8dd62b55c3f41773c craigc replied to the topic Wagga Wagga? in the forum General Property https://www.propertyinvesting.com/topic/4369038-wagga-wagga-2/#post-4436666 Sun, 02 Nov 2003 21:40:03 +0000 Hi Kay
I know that your coments where related to that street only. I just thought that Davids comments may have been a bit harsh.

Regards [:)]

Craigc

]]> 1789dc79b1205fb1968b76f0e170c03f craigc replied to the topic Duplicating properties through capital growth in the forum No Subject https://www.propertyinvesting.com/topic/4369141-duplicating-properties-through-capital-growth/page/3/#post-4437375 Sun, 02 Nov 2003 09:30:19 +0000 More than likly [:(]

Cheers
Craigc.

]]> be7a17dc6df1ed05d5ead3d260460175 craigc replied to the topic A bubble or no bubble at all.....? in the forum General Property https://www.propertyinvesting.com/topic/4369172-a-bubble-or-no-bubble-at-all/#post-4437600 Sun, 02 Nov 2003 08:57:19 +0000 My 2 cents worth [?]

I like Kay belive that interest rates will move up but only by a small amount. But that may be all it takes to push some to the point of sale, for they may fear that the bubble has or is about to burst & thier place will drop in value. This will increase the amont of properties for sale & give the buyers more choice. This of…[Read more]

]]> 41b48685fea32de3edd6ae3b6ef2937f craigc replied to the topic Duplicating properties through capital growth in the forum No Subject https://www.propertyinvesting.com/topic/4369141-duplicating-properties-through-capital-growth/page/3/#post-4437373 Sun, 02 Nov 2003 07:59:56 +0000 Hey Fudge111

I’m not shore if it’s reputation or not that makes the differance, it has taken me almost 7 years to train my bank manager into my way of thinking.

Maybe I have him bluffed[:D]
Cheers
Craigc

]]> d80181cc7c4a04221ed570ba6de9da91 craigc replied to the topic Wagga Wagga? in the forum General Property https://www.propertyinvesting.com/topic/4369038-wagga-wagga-2/#post-4436663 Sun, 02 Nov 2003 07:29:39 +0000 Hi David.

Gee’s dave you have given Wagga a fair payout.

Did you say that you have been living out of the area for three years. If so your imformation may be old. Just thought I would bring you up to date.

1/ The big company that was to come to town did.The company is Salmat, they handle all the call centres for Telstra, and yes they did employ…[Read more]

]]> 8ce68db107bdc14c8dacb52c921cfc35 craigc replied to the topic Duplicating properties through capital growth in the forum General Property https://www.propertyinvesting.com/topic/4369141-duplicating-properties-through-capital-growth/page/2/#post-4437371 Sun, 02 Nov 2003 06:08:51 +0000 G’day F&B
Yes I do have the same property as sercurity on different loans. But you must remember that every ones finacial situation is not the same. My bank manager takes into account what I have done in the previous years, he knows that I will not invest in a dud. ( well at least I havent yet)

Regards
Craigc

]]> a1a9cf7828ee355970c29639d1052a0e craigc replied to the topic Duplicating properties through capital growth in the forum No Subject https://www.propertyinvesting.com/topic/4369141-duplicating-properties-through-capital-growth/page/2/#post-4437368 Sat, 01 Nov 2003 23:56:00 +0000 Hi All
In relation to loan costs i.e. establisment fees. I have a setup with the NAB in rural NSW, I pay then $350.00 per year this includes all ongoing charges i.e. check fees, establishment fees, 2 cards and a hole lot more. this is paid once a year and I can apply for as many loans I wish and there is no more cost. This only applies if you have…[Read more]

]]> 97ed963daf9bd8221c525e617f8fb204 craigc replied to the topic 10% properties at Rockhampton in the forum General Property https://www.propertyinvesting.com/topic/4369020-10-properties-at-rockhampton/#post-4436397 Sun, 26 Oct 2003 09:15:49 +0000 Hi Kings5

I just had a bit of a look at rocky but seems to me that there alot of vacant rentals there ( about 30 as of 25/10/03 ) has this been a problem for you.

Regards
Craigc

]]> e393a5603d96df8305154edd71c86220 craigc replied to the topic Investors News!! NSW Bus Stop Shelters for Sale! in the forum General Property https://www.propertyinvesting.com/topic/4368995-investors-news-nsw-bus-stop-shelters-for-sale/page/3/#post-4436217 Sun, 26 Oct 2003 07:21:31 +0000 G’day Bill

I have just had a thought (o my head [xx(])

Since you already have a very good contact at the RTA why don’t you speak to them about leasing the centre of the many roundabouts that adawn the streets of Sydney.

There is so many things that could be done with the right team & a bucket of money. ( drive by movies for one )the list is…[Read more]

]]> eb42108b8aca780b9699212afff74d8a craigc replied to the topic Commercial Property Questions in the forum No Subject https://www.propertyinvesting.com/topic/4369009-commercial-property-questions/#post-4436340 Sun, 26 Oct 2003 07:00:27 +0000 Hey Bill
Im with you I think that nmace would be wise to give the commerial property he is looking at a very wide birth. PeterM is right “6 months to find a tenant” is the R/E for real. I’m not sure what you ment by “put the commertial idea on the backburner” let me know.
craigc

]]> 4eef0f621189402cf76a981330651ba0 craigc replied to the topic Commercial Property Questions in the forum General Property https://www.propertyinvesting.com/topic/4369009-commercial-property-questions/#post-4436336 Sat, 25 Oct 2003 08:40:07 +0000 Hi nmcace
One of the main problems is that most banks will only lend on commertial properties over 10 years.
I have one that at the moment is O.K, But due to some changes it may fall into the -cashflow next year. ( but thats another story ). Have you checked with your bank on the term of the loan. You stated that “one of the shops is rented ”
Why…[Read more]

]]> 2bf2523751327bb300f191915364aa62 craigc replied to the topic Investors News!! NSW Bus Stop Shelters for Sale! in the forum General Property https://www.propertyinvesting.com/topic/4368995-investors-news-nsw-bus-stop-shelters-for-sale/page/2/#post-4436197 Sat, 25 Oct 2003 06:41:39 +0000 Life here in the country must have made me slow[^]
The old brick in the Sh#tter trick. Now why did I not think of that.

THANKS PAUL[^]

]]> a97adc7ddbbd96dccffeece23197695b craigc replied to the topic Investors News!! NSW Bus Stop Shelters for Sale! in the forum General Property https://www.propertyinvesting.com/topic/4368995-investors-news-nsw-bus-stop-shelters-for-sale/page/2/#post-4436194 Sat, 25 Oct 2003 05:25:15 +0000 Hey Prop16
You may want to rethink the public toilet idea, the excess water charges would be a real killer. Plus just say you bought 10 of them you would have to spend most of your weekends cleaning them & despossing of needles. Plus to paint the insides with that graffetti proof paint is very expensive. So if you do go ahead you need to be…[Read more]

]]> c9e9dd8fb564082a58181ab3d84d90e6 craigc replied to the topic Investors News!! NSW Bus Stop Shelters for Sale! in the forum General Property https://www.propertyinvesting.com/topic/4368995-investors-news-nsw-bus-stop-shelters-for-sale/#post-4436182 Fri, 24 Oct 2003 22:57:40 +0000 Hey Bill
I live in rural NSW and because we do not have the public transport traffic that our city brothers have, i.e. 5 buses per week. We do not have bus shelters, you often sill see the old yellow post in the ground mark “BUS STOP”.
Are these also included in your lot & if so, do we need a surveyor to mark out the boundrys. I would be…[Read more]

]]> f5769e72490ea0820844b9190ec4414e craigc replied to the topic Are bank valuations really market value? in the forum General Property https://www.propertyinvesting.com/topic/4368871-are-bank-valuations-really-market-value/#post-4434841 Wed, 22 Oct 2003 22:02:53 +0000 Hi Nat.
I only just had my rural property valued by an inderpendent valuer. And I was disapointed with the figure that he came up with. I asked why he had only valued my property at $###### when surrounding land values seemed to be selling for a lot more. He said that he will not be caught up in the unrealalistic prices that are being paid for…[Read more]

]]> 944c4e92ed85a1c0d9e26a186be0d966 craigc replied to the topic FHOG under childrens names in the forum General Property https://www.propertyinvesting.com/topic/4368766-fhog-under-childrens-names/#post-4434035 Thu, 16 Oct 2003 09:24:38 +0000 Hi All
The subject of loopholes is a very interesting one indeed. I myself have been useing loop holes in the tax system for many years to reduce my tax burden on my bussiness. I am of the same thought as Forward, the loopholes were put there for the use of the hi & mighty. Or for those who grease the parms of the average political member. If by…[Read more]

]]> 30d3e8c0209fc33bb7295a768356cd3c craigc replied to the topic Salary Sacrifice Arrangements in the forum General Property https://www.propertyinvesting.com/topic/4368711-salary-sacrifice-arrangements/#post-4433772 Wed, 15 Oct 2003 08:40:46 +0000 Hi DavidC
My wife is a health service manger with the Greater Murry Health Service. ( Riverina MIA area ). Payments are made for private home & insurance ect. As I said I only have limmited knowlage of how her situation works. But my accountant, Who also takes care of our bussines keeps tell her to do it, and he has not steered me wrong over the…[Read more]

]]> 3f680a695f2c6c32d0baf88355ca9d93 craigc replied to the topic Salary Sacrifice Arrangements in the forum General Property https://www.propertyinvesting.com/topic/4368711-salary-sacrifice-arrangements/#post-4433769 Mon, 13 Oct 2003 09:18:46 +0000 Hi All.
My wife uses salery sacrifice’s quit a few things on her wages & it saves her tax. From my limitted understanding of it, the payment’s are made of her gross wage. Therefore she is only tax on the remander. e.g. $70,000.00 gross per year.
$20,000.00 payments.
=$50,000.00 remander to be taxed.
Our tax man has saved my wife about $8,000.00…[Read more]

]]> 8094e6b16c3334191f929417dfc00706 craigc replied to the topic Is it still worth buying an -ve IP now ? in the forum General Property https://www.propertyinvesting.com/topic/4368667-is-it-still-worth-buying-an-ve-ip-now/#post-4433481 Sun, 12 Oct 2003 01:43:42 +0000 Arty:
I think that everyones situation is differant and YOU are the one that has to be happy with what you are doing. I have a commercial property which returns a +12.4% and another home that is neg geared. both these properties suit me at this present time. Keep in mind that not all of use will be “Steve McKnight’s”. But with proper planning &…[Read more]

]]> 45f4814dc7300f90cb081a355c0a287d craigc replied to the topic buying at auction in the forum General Property https://www.propertyinvesting.com/topic/4368613-buying-at-auction/#post-4433014 Thu, 09 Oct 2003 20:31:10 +0000 I’m with you Sheryl. I to think that the good old aution is a scam. I have been to a lot of them & it’s just amazing what kind of s#%t is pulled at them. If you stand back & watch you would be amazed at what typs of things you see. At one I went to i’m almost shore that the phone box behind me made a bid.
Craigc

]]> a9bc5bcf7cb8d6e5e9af31cc92ded828 craigc replied to the topic Town size in the forum General Property https://www.propertyinvesting.com/topic/4368494-town-size/#post-4432312 Thu, 09 Oct 2003 05:33:54 +0000 Yeh there is a private prison out there.

craigc

]]> 0a6034b73b26249bb85d29aa16137ba9 craigc replied to the topic Town size in the forum General Property https://www.propertyinvesting.com/topic/4368494-town-size/#post-4432310 Wed, 08 Oct 2003 23:33:20 +0000 Hey xyzzy.
I’m not shore if you know much about Junee. It does have some problems that the agents & banks will not tell you.
If you like e-mail me and I’ll give you some insight.
cheers
craigc
coolamonmotors@dodo.com.au

]]> 78c8092d7b035b356d72bd75182129b0 craigc replied to the topic Deposit bonds in the forum No Subject https://www.propertyinvesting.com/topic/4368527-deposit-bonds-6/#post-4432492 Wed, 08 Oct 2003 22:39:24 +0000 Hi Eccles
I just used a deposit bond to purhase an IP. It was simple just talk to your bank. Mine cost $135.00 through the NAB. You will need to check with the vendor or thier legal beagle if they except a deposit bond as some vendors like to have an early release of part or all of the deposit. And do not be pressured by the agent not to use a…[Read more]

]]> f16c9e458e933924edd5fd4435abe56d craigc replied to the topic Town size in the forum General Property https://www.propertyinvesting.com/topic/4368494-town-size/#post-4432309 Wed, 08 Oct 2003 22:25:26 +0000 Hey xyzzy.
It’s nice to see some other poeple think the same as I do.
I live in one of those small towns near Wagga Wagga, I moved hear 13 years ago & the small farm I bought has increased in value by $300,000.00 + over that time. My bussiness in the same town has grown by 500% since 1997. There is no vacant rental homes & the town has shown…[Read more]

]]> 18f622c4e951816091f168b5334de0ad craigc replied to the topic WHAT RURAL TOWNS???? in the forum No Subject https://www.propertyinvesting.com/topic/4368472-what-rural-towns/page/2/#post-4432189 Wed, 08 Oct 2003 21:02:47 +0000 Hi Azrael.
Your right about not discounting the city altogether, there are some bargins to be had if you look.
I would be interested to know, since you mentioned commercial properties. Has anyone found that most banks will only lend $ for commercial properties over 10 years. This ofcourse drematically decreasses the amount of properties that would…[Read more]

]]> 6bfcb385fb917d5d1e567704dfdefdc2 craigc replied to the topic hubby say "Can't ...can't...can't" in the forum No Subject https://www.propertyinvesting.com/topic/4368559-hubby-say-cant-cant-cant/#post-4432651 Tue, 07 Oct 2003 21:40:47 +0000 Hi AaFreen
Please never use the word can’t. I do not believe in the word, you can allways find a way to do almost anything if you just keep looking & keep focused on your goals. You may not get what you want tomorrow but if you keep at it you will get there.[8D]
good luck
craigc

]]> dd55e817bb50b48868f3093205ccd92a craigc replied to the topic WHAT RURAL TOWNS???? in the forum General Property https://www.propertyinvesting.com/topic/4368472-what-rural-towns/#post-4432176 Sun, 05 Oct 2003 08:22:38 +0000 Quote:
Hi Celivia
I do not mean to butt in as this is my first post, but I’m interest to know why you do not want to buy a property in a town with less then 10,000 population. I moved from Sydney 13 years ago into such a town and have not looked back. My wife a I purchased a small farm for $52,000.00 in 1989 & only had it valued last month for…[Read more]

]]>