PropertyInvesting.com | crusaider | Activity https://www.propertyinvesting.com/members/crusaider/activity/ Activity feed for crusaider. Mon, 13 Apr 2026 07:15:51 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2acb18c23b5cf11e3d2e366b6538ab36 crusaider replied to the topic Yardney Thurs Night...!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4388863-yardney-thurs-night/#post-4564153 Thu, 15 Mar 2007 10:52:20 +0000 I have been on this presentation (I think) in Melbourne couple of weeks ago. For me it was a good current market overview, a backet of motivation and plenty of tapes/books to buy like on any other seminar of this type. Personally, did not get much out of it.

]]> 0f23d12bfd86fe153acce07ab3f0c71e crusaider replied to the topic What is cross collaralised ?? in the forum No Subject https://www.propertyinvesting.com/topic/4388607-what-is-cross-collaralised/page/2/#post-4563095 Wed, 28 Feb 2007 12:11:37 +0000 Thank you Richard and Terry for couching.

I did not need LOC as I was ahead of paying my home loan. I followed one of the basic rules to eliminate the non tax deductable loan first. When I finally paid it off, I have asked for LOC on one of my IP loans as I did not want to wait until I save enough for a deposit. The plan is to use LOC only as a…[Read more]

]]> 99dd7a29578c85a9ad8a6ff4f299e7da crusaider replied to the topic What is cross collaralised ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388607-what-is-cross-collaralised/#post-4563091 Tue, 27 Feb 2007 22:25:48 +0000 Thanks Terry,
I have acctually set up LOC on my last IP when I payed off my home loan with purpose to use it as a deposit for the next IP. So, if I go to the bank for the next loan they should let me buy it without x-ing it with other IP properties. Is that right?

I will start undoing all the collateral bundle and try to free the IPs up.
I guess…[Read more]

]]> 4de41d81fa679cfe49fcb2128e4dfeba crusaider replied to the topic Purchasing an investment property in the forum No Subject https://www.propertyinvesting.com/topic/4388657-purchasing-an-investment-property/#post-4563297 Tue, 27 Feb 2007 22:12:22 +0000 Richard,
If I read it correctly the unit holder would be the high income member of the trust and he/she could distribute some or all income to the lower income earner to minimise the income tax and maximise negative gearing. ?

]]> a180b745ba785851d48849033d115c0e crusaider replied to the topic Frankston anyone? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388002-frankston-anyone/page/2/#post-4560311 Tue, 27 Feb 2007 12:17:56 +0000 Hi sanjivgupta,
The house is 51 years old, I have just increased the rent from $190 to $200 per week. I have not renovated it yet. I still have there the first tenant so I keep them until they decide to move on. I think I can get another $10-20 per week with a simple painting and cleaning up job.

Looks like subdivisions are in fashion close by…[Read more]

]]> 45bd5b14d98318923d3bdfa7484c36d0 crusaider replied to the topic What is cross collaralised ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388607-what-is-cross-collaralised/#post-4563086 Tue, 27 Feb 2007 11:12:31 +0000 Thanks Terry,
What the LOC stands for if you don’t mind asking?. My LVR is more than 80%.

]]> de2aabe34eec15e89dbb0e38111f2402 crusaider replied to the topic What is cross collaralised ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388607-what-is-cross-collaralised/#post-4563078 Mon, 26 Feb 2007 10:56:59 +0000 I must have missed the lesson about crosscorateral. I have my own house (just recently paid off ) X -ed with my 3 IP. How do you go about undoing this mess with no blood spilt. !!!!!!

]]> 72be88954ab186f03be5646baa187c45 crusaider replied to the topic Frankston anyone? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388002-frankston-anyone/#post-4560309 Mon, 26 Feb 2007 10:01:05 +0000 I bought a property in Central Frankston for $220K in Sep 2004. It has not appreciated much yet but I am waiting for the next cycle to do the job. I think Central offers a good value considering location. My lesson from this old property is – get the property inspected by Archicentre or Builder before you sign the contract. The inspection found…[Read more]

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