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	<title>PropertyInvesting.com | Damien | Activity</title>
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				<title>Damien replied to the topic Bellarine Peninsula the new Mornington Peninsula? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/5071871-bellarine-peninsula-the-new-mornington-peninsula/#post-5071888</link>
				<pubDate>Wed, 14 Apr 2021 11:48:48 +0000</pubDate>

									<content:encoded><![CDATA[<p>I don&#8217;t disagree, and like the &#8220;value add&#8221; element.  Still, I&#8217;d rather do that in a market where my educated opinion leads me to believe that the market will outperform others.  There are indicators that the Geelong/Bellarine area will be one that see&#8217;s strong growth in terms of population, jobs, government spending etc, which is one good u&hellip;<span class="activity-read-more" id="activity-read-more-394543"><a href="https://www.propertyinvesting.com/topic/5071871-bellarine-peninsula-the-new-mornington-peninsula/#post-5071888" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Bellarine Peninsula the new Mornington Peninsula? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/5071871-bellarine-peninsula-the-new-mornington-peninsula/#post-5071888</link>
				<pubDate>Wed, 14 Apr 2021 11:48:48 +0000</pubDate>

									<content:encoded><![CDATA[<p>I don&#8217;t disagree, and like the &#8220;value add&#8221; element.  Still, I&#8217;d rather do that in a market where my educated opinion leads me to believe that the market will outperform others.  There are indicators that the Geelong/Bellarine area will be one that see&#8217;s strong growth in terms of population, jobs, government spending etc, which is one good u&hellip;<span class="activity-read-more" id="activity-read-more-394542"><a href="https://www.propertyinvesting.com/topic/5071871-bellarine-peninsula-the-new-mornington-peninsula/#post-5071888" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Ex commissioned home in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071877</link>
				<pubDate>Tue, 13 Apr 2021 12:24:05 +0000</pubDate>

									<content:encoded><![CDATA[<p>No, not King Street.  A bit closer into town in a nice quiet little spot near the Ted Summerton reserve (Moe football ground).</p>
<p>At the time I felt pretty confident that it was under-valued.  I got through it the day it went to market, and by that afternoon there was another full asking price offer on the table.  I ended up paying above asking ($1&hellip;<span class="activity-read-more" id="activity-read-more-394514"><a href="https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071877" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Ex commissioned home in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071875</link>
				<pubDate>Tue, 13 Apr 2021 10:51:56 +0000</pubDate>

									<content:encoded><![CDATA[<p>My investment property is in Moe. Not ex-commission, but a smallish, 50+ year old basic home. Had been in the family since new, and owners went into independent living units. Super dated, offensively strong patterned wallpaper and carpets, but clearly well cared for. I bought it in December 2019 for $155k. Looking at what similar is being listed&hellip;<span class="activity-read-more" id="activity-read-more-394512"><a href="https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071875" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien started the topic Bellarine Peninsula the new Mornington Peninsula? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/5071871-bellarine-peninsula-the-new-mornington-peninsula/</link>
				<pubDate>Tue, 13 Apr 2021 09:58:37 +0000</pubDate>

									<content:encoded><![CDATA[<p>Hi all, long time lurker, etc&#8230;</p>
<p>As a brief introduction of myself, I&#8217;ve long had an interest in my local real estate market (Gippsland area, particularly Latrobe Valley) own our PPOR essentially outright, and currently have one investment property locally. In the previous few years I&#8217;ve done a couple of semi major reno/flips that have allowed&hellip;<span class="activity-read-more" id="activity-read-more-394509"><a href="https://www.propertyinvesting.com/topic/5071871-bellarine-peninsula-the-new-mornington-peninsula/" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien started the topic Bellarine Peninsula the new Mornington Peninsula? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/5071871-bellarine-peninsula-the-new-mornington-peninsula/</link>
				<pubDate>Tue, 13 Apr 2021 09:58:37 +0000</pubDate>

									<content:encoded><![CDATA[<p>Hi all, long time lurker, etc&#8230;</p>
<p>As a brief introduction of myself, I&#8217;ve long had an interest in my local real estate market (Gippsland area, particularly Latrobe Valley) own our PPOR essentially outright, and currently have one investment property locally. In the previous few years I&#8217;ve done a couple of semi major reno/flips that have allowed&hellip;<span class="activity-read-more" id="activity-read-more-394508"><a href="https://www.propertyinvesting.com/topic/5071871-bellarine-peninsula-the-new-mornington-peninsula/" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Ex commissioned home in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071870</link>
				<pubDate>Tue, 13 Apr 2021 09:15:36 +0000</pubDate>

									<content:encoded><![CDATA[<p>I&#8217;m in Latrobe Valley. Ex-commission homes can be bought here from around the low $200k&#8217;s still too, so possibly not too dissimilar to Horsham in that regard.</p>
<p>I&#8217;m a fan of the &#8220;grandma&#8221; house. I.e. a house that is structurally solid, and generally well looked after but generally dated. I think they often represent a good opportunity to add value,&hellip;<span class="activity-read-more" id="activity-read-more-394507"><a href="https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071870" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Cross-collateralisation ever a good idea? in the forum Finance</title>
				<link>https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071868</link>
				<pubDate>Tue, 13 Apr 2021 06:28:14 +0000</pubDate>

									<content:encoded><![CDATA[<p>Got ya.  Thanks Terry, appreciate your insights.  And probably due to look at doing exactly what you&#8217;ve suggested there &#8211; the most recent property purchased in Dec 2019 is in a market that&#8217;s gone nuts, and should well and truly stand alone now.  I wish I could say that I saw it coming, but far more due to dumb luck than anything (I was co&hellip;<span class="activity-read-more" id="activity-read-more-394500"><a href="https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071868" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Cross-collateralisation ever a good idea? in the forum Finance</title>
				<link>https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071863</link>
				<pubDate>Tue, 13 Apr 2021 06:15:27 +0000</pubDate>

									<content:encoded><![CDATA[<p>I can understand how each of those 3 scenarios could come about, and have seen them happen, but in my experience are far and away the exception rather than the rule (I spent a few years as the bank&#8217;s senior discharge officer).  But I take it on board.</p>
<p>In terms of alternate (&#8220;non crossed&#8221;) structure in my example above, I&#8217;m assuming a separate&hellip;<span class="activity-read-more" id="activity-read-more-394499"><a href="https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071863" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Cross-collateralisation ever a good idea? in the forum Finance</title>
				<link>https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071863</link>
				<pubDate>Tue, 13 Apr 2021 06:15:27 +0000</pubDate>

									<content:encoded><![CDATA[<p>I can understand how each of those 3 scenarios could come about, and have seen them happen, but in my experience are far and away the exception rather than the rule (I spent a few years as the bank&#8217;s senior discharge officer).  But I take it on board.</p>
<p>In terms of alternate (&#8220;non crossed&#8221;) structure in my example above, I&#8217;m assuming a separate&hellip;<span class="activity-read-more" id="activity-read-more-394496"><a href="https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071863" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Cross-collateralisation ever a good idea? in the forum Finance</title>
				<link>https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071863</link>
				<pubDate>Tue, 13 Apr 2021 06:15:27 +0000</pubDate>

									<content:encoded><![CDATA[<p>I can understand how each of those 3 scenarios could come about, and have seen them happen, but in my experience are far and away the exception rather than the rule (I spent a few years as the bank&#8217;s senior discharge officer).  But I take it on board.</p>
<p>In terms of alternate (non crossed) structure in my example above, I&#8217;m assuming a separate&hellip;<span class="activity-read-more" id="activity-read-more-394495"><a href="https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071863" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Cross-collateralisation ever a good idea? in the forum Finance</title>
				<link>https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071861</link>
				<pubDate>Tue, 13 Apr 2021 04:57:36 +0000</pubDate>

									<content:encoded><![CDATA[<p>I&#8217;ve had a read through this thread, and some of the others linked, and while I understand some of the potential pitfalls, I&#8217;m surprised there&#8217;s such strong, broad consensus against cross-collateralisation.  Not that I&#8217;m here to argue, just curious.  My background is in banking, but a relatively small customer owned FI, as opposed to a bigger F&hellip;<span class="activity-read-more" id="activity-read-more-394493"><a href="https://www.propertyinvesting.com/topic/5048020-cross-collaleralisation-ever-a-good-idea/page/2/#post-5071861" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Ex commissioned home in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071859</link>
				<pubDate>Tue, 13 Apr 2021 03:41:56 +0000</pubDate>

									<content:encoded><![CDATA[<p>I assume this is referring to a house that was formerly government owned, i.e. the old &#8220;housing <strong>commission</strong>&#8220;, thus the name &#8220;commision home&#8221;.</p>
<p>Really depends on the exact property I&#8217;d imagine, but the commission homes I&#8217;m familiar with in regional Vic are often small, basic, and in areas that are less desireable.  That said, in my local area, the&hellip;<span class="activity-read-more" id="activity-read-more-394492"><a href="https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071859" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien replied to the topic Ex commissioned home in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071859</link>
				<pubDate>Tue, 13 Apr 2021 03:41:56 +0000</pubDate>

									<content:encoded><![CDATA[<p>I assume this is referring to a house that was formerly government owned, i.e. the old &#8220;housing <strong>commission</strong>&#8220;, thus the name &#8220;commision home&#8221;.</p>
<p>Really depends on the exact property I&#8217;d imagine, but the commission homes I&#8217;m familiar with in regional Vic are often small, basic, and in areas that are less desireable.  That said, in my local area, the&hellip;<span class="activity-read-more" id="activity-read-more-394491"><a href="https://www.propertyinvesting.com/topic/5071849-ex-commissioned-home/#post-5071859" rel="nofollow">[Read more]</a></span></p>
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				<title>Damien became a registered member</title>
				<link>https://www.propertyinvesting.com/activity/p/356030/</link>
				<pubDate>Thu, 09 Feb 2017 03:57:10 +0000</pubDate>

				
				
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