PropertyInvesting.com | Daneo79 | Activity https://www.propertyinvesting.com/members/daneo79/activity/ Activity feed for Daneo79. Sun, 12 Apr 2026 11:26:07 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 90e0e1ee481c74a690863d41c48857c3 Daneo79 replied to the topic Poll: How do you think politicians or regulators should respond to the issue of housing affordability? in the forum Opinionated! https://www.propertyinvesting.com/topic/5033010-poll-how-do-you-think-regulators-should-respond-to-housing-affordability/#post-5036928 Mon, 22 May 2017 05:48:35 +0000 Every time the Government gets involved with grants, policy changes or incentives, the market suffers unrealistic inflation, as a whole bunch of operators jump onboard to grab at the before mentioned government interventions.

*Add taxes and/ or tarrifs to ANY investor that is not an Australian Citizen.
*Create a city by city land release plan.…[Read more]

]]> b63ad0a29c1cab2ab0b287cdd8ff4235 Daneo79 replied to the topic wanted:dymphna boholt Ultimate real estate success coaching course material in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/5023471-wanteddymphna-boholt-ultimate-real-estate-success-coaching-course-material/#post-5036723 Wed, 17 May 2017 02:13:29 +0000 Hi,
I have the
Ultimate Real Estate ‘Incredible 3 Day Live Event’
Untouched workbook and 10 videos on USB stick.
Happy to sell it, I got a lot from the pack.

]]> 29fb13efc84b24182eedaad5a6a9b2b2 Daneo79 replied to the topic Investing in Perth 2014 in the forum General Property https://www.propertyinvesting.com/topic/4410262-investing-in-perth-2014/#post-4696285 Thu, 06 Feb 2014 00:49:13 +0000 I poured a lot of time looking into the Midland area, checking the census and demographic data. This was about 4 -5 years ago when there was a lot of hype about the hospital and medical college.
Not much has changed.
there are a few pockets that are performing well but generally the crime, unemployment and demographic are keeping prices flat. If…[Read more]

]]> 028e9b4f364f919e941a137142193d2b Daneo79 replied to the topic Great solicitor in Perth? - specialising in advanced prop invest techniques in the forum Help Needed! https://www.propertyinvesting.com/topic/4409800-great-solicitor-in-perth-specialising-in-advanced-prop-invest-techniques/#post-4693733 Wed, 04 Sep 2013 13:02:45 +0000 Hi Carmen,
How did you go?

I am also looking for a solicitor that is property focused in Perth.
Did you use Mr Lewin?

]]> 2f055f33489ec6ac063aa5bf47190496 Daneo79 replied to the topic Question on tax and cash flow positive property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408597-question-on-tax-and-cash-flow-positive-property/#post-4685390 Wed, 30 Jan 2013 00:06:45 +0000 Jamie M wrote:

Hi and welcome aboard

All the holding costs and expenses associated with the property will be deductible – that includes the interest on the loan, property management fees, maintenance costs, insurances, borrowing costs, depreciation, etc.

My Question:
Do the tax deductions apply when the property is set up through a trust…[Read more]

]]> 19d3bf68c72538e8d10fe46f08cfc1f1 Daneo79 replied to the topic Who's Renovating in Perth? in the forum Value Adding https://www.propertyinvesting.com/topic/4408488-whos-renovating-in-perth/#post-4684225 Tue, 29 Jan 2013 23:51:53 +0000 Hi Guys,
Sorry for the late reply.
End of Month has been crazy…. Can't wait to quit my day job!
I will get the Painters details and post them in the next few days, I need to update my contractors list anyway.

Can anyone supply the details of a good chippy?
I need to get some final work done to my PPR. (and then get the valuer in)
I will be…[Read more]

]]> 0291d81d6237de8f0dea35eb187a6ce6 Daneo79 replied to the topic Australia v USA Property Prices in the forum Opinionated! https://www.propertyinvesting.com/topic/4403431-australia-v-usa-property-prices/#post-4646418 Sat, 19 Jan 2013 04:31:04 +0000 Bad news sells papers.
We have all seen it before. A half truth spread through the papers screaming doom and gloom.
As Freckle said US v AU housing economies are chalk and cheese.

]]> f92b80027398e4a24a8eeacd01f7b661 Daneo79 replied to the topic Help me name student accomodation complex in the forum Opinionated! https://www.propertyinvesting.com/topic/4407633-help-me-name-student-accomodation-complex/#post-4677464 Sat, 19 Jan 2013 03:49:19 +0000 Uni Platinum.
Graduate Retreat.

]]> 8bf49fdd23c82a69302fa9df8c8c01f0 Daneo79 replied to the topic Who's Renovating in Perth? in the forum Value Adding https://www.propertyinvesting.com/topic/4408488-whos-renovating-in-perth/#post-4684216 Fri, 18 Jan 2013 14:45:18 +0000 I know a great painter, takes pride in his work and good price.
Looking for a good broker and lawyer in Perth. Anyone know any?

]]> 99569224e1bbf05b637b0508c99bdae5 Daneo79 replied to the topic QLD property, take a loss or not? in the forum General Property https://www.propertyinvesting.com/topic/4408491-qld-property-take-a-loss-or-not/#post-4684258 Fri, 18 Jan 2013 14:30:10 +0000 Im from the west and I have heard of the works going on in redcliffe. It really depends on your situation and whether you have the capacity to hold or if the money could be better invested elsewhere.

]]> a5407453fd91f4980b41344b9fdeb17c Daneo79 replied to the topic 980sqm Land Corner block (flat) in the forum Help Needed! https://www.propertyinvesting.com/topic/4408485-980sqm-land-corner-block-flat/#post-4684195 Fri, 18 Jan 2013 14:09:42 +0000 Don’t forget about storm water management, headworks (cost ,fees,location) and setback. Become good friends with the local council, they can help a lot (or not). Make sure you can build what you want to build, your mind could be made up for you.

]]> c5ce267eb67b9bfa0f69f5aeab1977a1 Daneo79 replied to the topic Loan to buy-renovate-sell 1st time. Likelihood of approval? in the forum Finance https://www.propertyinvesting.com/topic/4408434-loan-to-buy-renovate-sell-1st-time-likelihood-of-approval/#post-4683865 Fri, 18 Jan 2013 05:45:49 +0000 Something that might help you 'sell' the as if complete valuation would be an interior design program that can give you a visual representation of what you intend to achieve.

A lot of people lack the vision to see a finished product from a scope of works, cost summaries or detailed descriptions.
that's where a colour picture can help!

I am in…[Read more]

]]> 3e3c4d9cf3cc059f8f11fa937d3f287b Daneo79 replied to the topic How do you initiate vendor finance? in the forum Creative Investing https://www.propertyinvesting.com/topic/4408234-how-do-you-initiate-vendor-finance/#post-4682171 Wed, 12 Dec 2012 23:56:30 +0000 Wow,
Did not realise that.
thank you very much. You have been most helpful.
I will investigate the land tax rulings and charges for WA.
I was under the impression that no land tax was applicable for properties under 400k. (Gov. website)
time to call and ask more questions.

]]> 670c228561f4530c40037aef16e30eed Daneo79 replied to the topic "The US Spruiker" - an email dialogue :))) in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408271-the-us-spruiker-an-email-dialogue/#post-4682438 Wed, 12 Dec 2012 06:33:11 +0000 HA!
I have had spruikers contact me for various things in the past.
they always seem to get snippy when you ask for 'unreasonable' things such as;
Facts.
Financial statements.
References.
Nice work Z man!

]]> 6a89e414fb5c4c94465ba808ab465b86 Daneo79 replied to the topic How do you initiate vendor finance? in the forum Creative Investing https://www.propertyinvesting.com/topic/4408234-how-do-you-initiate-vendor-finance/#post-4682169 Tue, 11 Dec 2012 05:11:59 +0000 Thanks for the Breakdown Paul.
From a purely cashflow now! view it could be viable.

guess I have a bit of thinking and further investigating to do.
But if you and Sheree have had no luck converting tenants I don't believe that I will either.

I will do my sums and work out what my cost of action would be. (what I could miss out on while setting…[Read more]

]]> d49776bc37be5d0d58cd8732e3429f84 Daneo79 replied to the topic How do you initiate vendor finance? in the forum Creative Investing https://www.propertyinvesting.com/topic/4408234-how-do-you-initiate-vendor-finance/#post-4682164 Fri, 07 Dec 2012 15:21:24 +0000 * will be

]]> 292ad8c4dde0f1b02230d46503e3373a Daneo79 replied to the topic How do you initiate vendor finance? in the forum Creative Investing https://www.propertyinvesting.com/topic/4408234-how-do-you-initiate-vendor-finance/#post-4682163 Fri, 07 Dec 2012 15:18:07 +0000 OK. I know what you mean. I wapprebe setting it up under a discretionary trust structure, so changes things a bit. My (back of envelope) calcs. include man. fees, settlement/purchase costs, insurance, rough rates guess, connections, ect..

But that is off topic.
Can I just knock on the door and ask the tenant if they would like to enter into a…[Read more]

]]> 9a26cd81cc93cf07022e92b54c7ae5b7 Daneo79 replied to the topic How do you initiate vendor finance? in the forum Creative Investing https://www.propertyinvesting.com/topic/4408234-how-do-you-initiate-vendor-finance/#post-4682160 Fri, 07 Dec 2012 07:02:26 +0000 what do you mean "income of 50K" ?
280pw x 50 weeks = $14000 gross. (50 weeks, I'm conservative)

Turns out to be about $50+ negative. (without knowing rates, ect…)

]]> cb6c003d48b661db82711f5991ca8024 Daneo79 replied to the topic How do you initiate vendor finance? in the forum Creative Investing https://www.propertyinvesting.com/topic/4408234-how-do-you-initiate-vendor-finance/#post-4682157 Fri, 07 Dec 2012 05:54:45 +0000 My main strategy is to buy and hold, accumulation creates real wealth.
But at this stage I am trying to accumulate cash flow to give up my day job. Anything will help.
How much on average can you chuck on top of current rent for lease to buy option?

that will determine if I decide to dig deeper.
will go home tonight and try to find info on…[Read more]

]]> 7823934ff14c8bc3a90685b4f70e0f8e Daneo79 replied to the topic Wanting More Info on Trust Accounts for Investing in the forum Creative Investing https://www.propertyinvesting.com/topic/4408154-wanting-more-info-on-trust-accounts-for-investing/#post-4681577 Sun, 02 Dec 2012 04:50:11 +0000 N.E.Renton 'Family Trusts' is about $40 and covers types of trusts, pros and cons, Btafeficiaries, and how you're taxed. It is set out so you can just flick to the chapters relevant to you and what you may want to do.

]]> f2b3a1fb4af0e0cdc84f20ba4374b977 Daneo79 replied to the topic Amazing tiler in Perth + other tradie recommendations in the forum I would love a copy of the https://www.propertyinvesting.com/topic/4406091-amazing-tiler-in-perth-other-tradie-recommendations/page/2/#post-4665528 Wed, 07 Nov 2012 04:09:58 +0000 I would love a copy of the list and can add 1 or 2 tradies of my own. (hold onto the good ones, more valuable than gold)
Please WP or anyone who has the list, I am now a short time away from my 1st IP, this list would help immensely.

]]> 618b0d45e5b212d96733d09d72390ed1 Daneo79 replied to the topic TRUSTS??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406899-trusts-17/page/2/#post-4672147 Fri, 06 Jul 2012 06:23:20 +0000 I meant professional

]]> 45cc22f8a12a2df47c6570a71d48f97b Daneo79 replied to the topic TRUSTS??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406899-trusts-17/page/2/#post-4672146 Fri, 06 Jul 2012 06:18:16 +0000 A good book for beginners is 'Family Trusts' by N E Renton. This will give you a good basic knowledge of any trust you may want to set up for your circumstances. You can get a discretionary trust set up over the internet for around $800 ( read the book so you know what to ask for)note: above mentioned book has no connection to trust sites.And can…[Read more]

]]> 9dba3ea8d43424d98b105a6dd19d082e Daneo79 replied to the topic Strata title situation in the forum Help Needed! https://www.propertyinvesting.com/topic/4407042-strata-title-situation/#post-4673130 Fri, 06 Jul 2012 05:50:39 +0000 what is a torrens title? and does it apply/ available in WA?

]]> f1e0386e5aaa0742b60e6f770c43fa14 Daneo79 replied to the topic Retaining wall material in the forum Value Adding https://www.propertyinvesting.com/topic/4407019-retaining-wall-material/#post-4672909 Fri, 06 Jul 2012 02:08:34 +0000 I agree with clars83, would not be using any sheet fencing material to build a retaining wall. Too light and not its intended use.If the wall is going to be over 1m high then you will need to think about adding extra material/ footing behind the base to prevent movement    

]]> d1f11d993b9e9e27640281930da80264 Daneo79 replied to the topic 30 properties before 25, finance??? in the forum Finance https://www.propertyinvesting.com/topic/4404268-30-properties-before-25-finance/page/5/#post-4652604 Thu, 28 Jun 2012 23:41:00 +0000 Thanks Michael, Terry.I thought so, but when reading books, articles and listening to audio books you can't ask them questions!A process to suit my circumstances can be formed and shaped through the vast amount of info available today, but even so, you still need people in the industry to bounce questions off.Once again, thanks

]]> 11dcdf73ba1401f91c21ebb77c36a2ab Daneo79 replied to the topic Can new homes or units be CF neutral/positive? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406912-can-new-homes-or-units-be-cf-neutralpositive/#post-4672217 Wed, 27 Jun 2012 13:03:01 +0000 I have not found any CF+ houses in new estates around city CBDs or surrounding suburbs.
Mining towns can offer good yields on a new property but the entry price is high.

Does your visa allow entering into a joint venture with a small developer and build new units on a rezoned site?
Joint ventures can be a good option to overcome difficult…[Read more]

]]> 2ed4aa26c0f4300fe7c47029dbfe4156 Daneo79 replied to the topic TRUSTS??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406899-trusts-17/#post-4672139 Wed, 27 Jun 2012 12:25:49 +0000 yeh,
that’s what I thought.
They did say that it had to be set up properly from the start.
More for an investor with a varied portfolio looking for balance.

I have been told to be cautious of hybrid trusts and just stick with a discretionary trust.
A discretionary trust can be set up easily and offer good flexibility.

]]> 6becd4b10718ade0bf313912aa427b9c Daneo79 replied to the topic TRUSTS??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406899-trusts-17/#post-4672137 Wed, 27 Jun 2012 11:50:21 +0000 I haven’t done this yet and don’t need to yet but I was told by a mentor that you can link trusts.
I think you add the trust as a beneficiary?
So the windfall from one trust can pay for the debt of another.
This would be used if someone had many properties,positive and negatively geared, and didn’t want to hold them all in one (trust) basket

Can…[Read more]

]]> e5981a8a8f959bd6bbc4931dbfc12236 Daneo79 replied to the topic Need some clarification with my loan structure in the forum Finance https://www.propertyinvesting.com/topic/4406847-need-some-clarification-with-my-loan-structure/#post-4671745 Mon, 25 Jun 2012 13:12:47 +0000 where can I get a black ivory back scratcher?

]]> c009979318de589e4618eae4af90451b Daneo79 replied to the topic 30 properties before 25, finance??? in the forum Hi Richard, Can you please https://www.propertyinvesting.com/topic/4404268-30-properties-before-25-finance/page/5/#post-4652601 Sat, 23 Jun 2012 15:08:01 +0000 Hi Richard,
Can you please send me a copy of your article? dane.millett@yahoo.com.au
I am a regular reader of API and have learnt a lot from the range of topics covered.

I have done a lot of research and i am ready to buy my 1st IP. I want to get the structure right from the start.
When setting up a DF Trust with corporate trustee, do i use a non…[Read more]

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