PropertyInvesting.com | davidn | Activity https://www.propertyinvesting.com/members/davidn/activity/ Activity feed for davidn. Tue, 07 Apr 2026 12:13:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ea47457ed691be40ba17c4cab5a148d7 davidn replied to the topic Line of credit: Should I or Shouldn't I? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366610-line-of-credit-should-i-or-shouldnt-i/#post-4420576 Sat, 02 Aug 2003 04:07:40 +0000 Contrary to what most people say I think LOC just cost extra for little benefit.

Consider a standard variable loan with 5 years interest only period. Lets say you borrow $100,000. Most loans will allow you to make extra repayments and allow redraw free of charge, or others have offset accounts (same net effect). Having got the $100,000 make a…[Read more]

]]> 4a2bc9fb0729e5258ea7e61d56df7ad5 davidn replied to the topic NSW town of Cobar + accountant in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366611-nsw-town-of-cobar-accountant/#post-4420578 Sat, 02 Aug 2003 03:55:46 +0000 Hi

I don’t know much about Cobar but just a thought. Maintenance costs on rental can make the deal unattractive. For example if something breaks you are at the mercy of local tradesman and in small towns like Cobar of ~5000 people. What do you do when the place needs painting etc etc or a tenant leaves and the place needs cleaning up.

If you can…[Read more]

]]>