PropertyInvesting.com | CrownOfGold | Activity https://www.propertyinvesting.com/members/crownofgold/activity/ Activity feed for CrownOfGold. Wed, 15 Apr 2026 09:24:36 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 beb42acdaebe77e0df28a325c263e733 CrownOfGold replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Value Adding https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/11/#post-4602699 Sat, 28 Nov 2009 02:27:55 +0000 Hi Mike. Thanks again for the requested report (sorry for the delayed reply!)
Much appreciated.
CrownOfGold.

]]> e234fa4f550aae14b6ced2624ebe565e CrownOfGold replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Value Adding https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/7/#post-4602624 Tue, 08 Sep 2009 10:32:45 +0000 Hi Mike

Thanks heaps for the report, it was extremely useful for us. Thanks also for the very prompt response – we needed it today and we got it today!

Much appreciated.
Crownofgold

]]> 4c5bd784813c703ea59454a0df8aa7d2 CrownOfGold replied to the topic HELP! Making an offer prior to Auction... in the forum Help Needed! https://www.propertyinvesting.com/topic/help-making-an-offer-prior-to-auction/#post-4608708 Mon, 07 Sep 2009 03:30:05 +0000 Hi Kenny
Thanks for your well considered and excellent response. It was exactly the kind of advice we wanted to hear.

Thanks bjsaust for passing on your experiences.

Unfortunately we were contacted by the agent today who said that she was still chasing up the Section 32. I told her that we were going to proceed in giving her a written offer…[Read more]

]]> 3405d3cb4c756d6d9871bd20a34fdfe0 CrownOfGold replied to the topic Electrical Certification -absolutely necessary...? in the forum Value Adding https://www.propertyinvesting.com/topic/4383927-electrical-certification-absolutely-necessary/#post-4539425 Mon, 30 Jan 2006 04:47:42 +0000 Thanks everyone for your input! It was good advice we decided to take.

The whole job is done now. We ended up doing as much work as we thought we could – removing old fittings, drilling holes for lights…then called in an electrician to wire the new lights up. We also ended up installing a new switchboard and fitting RCDs (Residual Current…[Read more]

]]> 0158f4b44c631e2baecee5cb353c457c CrownOfGold replied to the topic Pre-purchase... found water stain on ceiling... in the forum Help Needed! https://www.propertyinvesting.com/topic/4383496-pre-purchase-found-water-stain-on-ceiling/#post-4537022 Mon, 12 Dec 2005 02:48:02 +0000 Thanks for all your input. It has given me a direction and some confidence in carring it out.

We’ll be getting a plumber in to inspect this week to estimate the cost to fix. If it’s minor, I’ll get my conveyancer to send a letter requesting the vendor for a reduced sale price. If it’s major and they don’t accept a new offer, we will probably just…[Read more]

]]> 24e730b0989977a75f922df3720365e2 CrownOfGold replied to the topic Young Investors in the forum General Property https://www.propertyinvesting.com/topic/4379914-young-investors/#post-4513552 Fri, 29 Apr 2005 02:02:33 +0000 Hi. I’ve just turned 25. My background is this:
– I spent 4 years in Uni studying Engineering, straight after school. I started Uni at 16. A bit young I guess…so I had 4 years to mature[cap]
– I then got a full time job at 20 earning about 45k. While working, I also studied IT part-time, tutored high school students, lectured one unit at Uni and…[Read more]

]]> 8676724a10bba30b008cf892fd839e81 CrownOfGold replied to the topic Help on my strategy... in the forum Help Needed! https://www.propertyinvesting.com/topic/4379903-help-on-my-strategy/#post-4513445 Wed, 27 Apr 2005 03:37:40 +0000 Hi Terry

Thanks for your response. I thought it would be a good idea to move as much funds into my offset account when the time comes into moving into the unit.

Why would I have to pay CGT by moving the money from the offset account into paying off the new home loan?

]]> 5647ca3807334ce7fcb63383a1d25876 CrownOfGold replied to the topic Initial Steps (18 yrs) in the forum Help Needed! https://www.propertyinvesting.com/topic/4379540-initial-steps-18-yrs/#post-4511626 Wed, 13 Apr 2005 06:59:29 +0000 Hi, maybe my experience can help. I’ve recognised that two of the best things I’ve done in my life have been to:
1) Complete my uni studies full-time straight after high school
2) Live at home for as long as possible

I got my first degree out of the way at the age of 20, which is still quite young. It was relatively easy for me to do becuase I…[Read more]

]]> 91c6dd2f5bea990fe257206b297196b1 CrownOfGold replied to the topic Need Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4379052-need-advice-5/#post-4508551 Tue, 08 Mar 2005 09:14:41 +0000 I would sell the property, use the cash to purchase the new home, then borrow against the equity of the new home to buy investment properties. This means you won’t have to pay capital gains tax on the proceeds of the sale (assuming it is currently your PPOR) and the interest from the IP’s will be tax deductible.

I hope that makes sense.

]]> a33bdb860cb931f086016c89ff590aba CrownOfGold replied to the topic How do the young invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378478-how-do-the-young-invest/#post-4505059 Fri, 04 Feb 2005 04:26:30 +0000 Hi vtxdevo,
Like others have been saying, it certainly can be done. I’m 24 and still living at home (my reasons are more traditional than financial as I don’t belive in moving out till I’m married). But this has the added bonus of helping me heaps financially.

When I first started working, within 2 months I was able to save for a $10,000 car and…[Read more]

]]> 2a8372f4e6175fa483bd25c591339eef CrownOfGold replied to the topic Favourite Sayings in the forum Forum Frolic https://www.propertyinvesting.com/topic/4377237-favourite-sayings/page/2/#post-4496883 Tue, 18 Jan 2005 05:53:42 +0000 If I’m boasting, my father used this to cut me down fast:
“In the kingdom of the blind, the one-eyed man is king…”

To describe a share trend that is going down, then goes up a little, only to go down again is a called “dead cat bounce”.

]]> 46537a286f8202a2f14dcc0c1ef04614 CrownOfGold replied to the topic How long did you take? in the forum No Subject https://www.propertyinvesting.com/topic/4377683-how-long-did-you-take/page/2/#post-4500186 Mon, 17 Jan 2005 09:05:14 +0000 What a great thread! For a newbie like me, it’s inspirational to hear from people with so much experience.

Sooo, here’s my humble contribution:
At what age did you start investing in property?
21 (I’m now 24). I started my first job 3 months prior and saved 10k for a deposit for a $155k inner city, brand new, 1b/r unit. Happened to be CF +ve,…[Read more]

]]> 72abd3306cd9d3c9af298300b43c8ebb CrownOfGold replied to the topic NORTHERN TERRITORY QUANTITY SURVEYOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4377934-northern-territory-quantity-surveyor/#post-4501786 Fri, 14 Jan 2005 11:23:06 +0000 Yeah, as far as I know, QS Services do depreciation schedules for Alice Springs as well as Darwin.

]]> daad7a984a02ec84fbe8d4d38e24927c CrownOfGold replied to the topic NORTHERN TERRITORY QUANTITY SURVEYOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4377934-northern-territory-quantity-surveyor/#post-4501782 Wed, 12 Jan 2005 05:51:47 +0000 Hi
I’m from Darwin and bought 2 IP’s in the past (brand new units). I used QS Services, who were great with my depreciation schedule. Ph: 08 89410116.

]]> f6a9b12374f1980a4a5c2db783e1bb4a CrownOfGold replied to the topic Was this a good investment??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4377504-was-this-a-good-investment/#post-4498748 Mon, 20 Dec 2004 13:41:34 +0000 Thanks for your replies. I’ve never tried working out cashflow separate from capital gains…it makes a lot of sense.

In terms of my cash flow, I managed the property myself (just for fun), so I didn’t have any management fees. The property was also bought brand new, so I had negligible expenses and excellent depreciaiton. In adding all that up,…[Read more]

]]> b31c179933d22928ff146576ed30b7b7 CrownOfGold replied to the topic PPOR for 2 months...CGT? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377464-ppor-for-2-months-cgt/#post-4498475 Mon, 20 Dec 2004 03:51:01 +0000 Thanks for your reply Steve.

Well, I haven’t declared another PPOR elsewhere since I’ve been living with my parents, so point 2 doesn’t apply to me.

I guess I’ve been a bit confused because I heard that I had to have stayed in the unit for a minimum of 6 months to be exempt from CGT.

]]>