PropertyInvesting.com | davidts | Activity https://www.propertyinvesting.com/members/davidts/activity/ Activity feed for davidts. Fri, 17 Apr 2026 22:25:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f0b2849d6f68a8394553dd463c70fff3 davidts replied to the topic To buy an older property in a good suburb or buy a newer property in an average suburb in the forum Help Needed! https://www.propertyinvesting.com/topic/4408547-to-buy-an-older-property-in-a-good-suburb-or-buy-a-newer-property-in-an-average-suburb/#post-4684969 Thu, 24 Jan 2013 22:26:44 +0000 The renovations onpopulare place in Harris Park were done a while ago. It is not brand new but not very old either. I wouldhold there.eed to do anything to it if I rented it out, maybe a bit of paint here and there.

Because of Harris Park being so close to Parramatta the area is very popular. Units are hard to come by, so I decided to look at…[Read more]

]]> 1ec757f476ef63e5d109317ca0207fee davidts replied to the topic Required to Sign contract to make an offer on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408528-required-to-sign-contract-to-make-an-offer-on-a-property/page/2/#post-4684749 Wed, 23 Jan 2013 21:11:12 +0000 I've been looking Harris Park, but units there tend to go very quickly. What do think about Guildford?

]]> 5af9707587efc63ab91eb50c063955b7 davidts replied to the topic Required to Sign contract to make an offer on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408528-required-to-sign-contract-to-make-an-offer-on-a-property/page/2/#post-4684747 Wed, 23 Jan 2013 12:51:48 +0000 I am looking to to purchase 2 bed units with the strategy to hold for 5 – 10 years. I also trying to find 2 bed units in which I can renovate.

]]> e36c1cdc354e8ec0331ef83fadcaccc4 davidts replied to the topic Required to Sign contract to make an offer on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408528-required-to-sign-contract-to-make-an-offer-on-a-property/#post-4684745 Wed, 23 Jan 2013 12:17:39 +0000 Mainly Harris Park, Granville and Merrylands.

]]> bd4d110e8dfaa443dfec265dea86cf50 davidts replied to the topic Required to Sign contract to make an offer on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408528-required-to-sign-contract-to-make-an-offer-on-a-property/#post-4684744 Wed, 23 Jan 2013 12:17:05 +0000 I'm looking at Parramatta and surrounding suburbs.

]]> f5ed8619124cd4e0d3f5987dd291bf3a davidts replied to the topic Required to Sign contract to make an offer on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408528-required-to-sign-contract-to-make-an-offer-on-a-property/#post-4684739 Tue, 22 Jan 2013 23:36:43 +0000 Thanks that helps me very much!

]]> 11e14d80e854554cc779ab8c1a2cb041 davidts replied to the topic Required to Sign contract to make an offer on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408528-required-to-sign-contract-to-make-an-offer-on-a-property/#post-4684736 Tue, 22 Jan 2013 23:00:38 +0000 So when do you pay the 10% deposit? On both the occasions that I have bought property I have managed to negotiated a 5% deposit and had paid it at the time of exchanging contracts. Are you saying that you do not have to pay the deposit on exchange? If not when?

]]> bf19fab16f2e06d7853556aa538b2eca davidts replied to the topic Required to Sign contract to make an offer on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408528-required-to-sign-contract-to-make-an-offer-on-a-property/#post-4684733 Tue, 22 Jan 2013 22:39:55 +0000 Thanks everyone for your help, I have a better understanding of this. Most of the agents that I have spoken to are using this as a sales technique.

]]> 5dd9fef6446d31e111601955010dd92e davidts replied to the topic Required to Sign contract to make an offer on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408528-required-to-sign-contract-to-make-an-offer-on-a-property/#post-4684729 Tue, 22 Jan 2013 12:28:03 +0000 I am in Sydney. I have just re-read my previous post. When I said that they asked me to sign a contract I mean they asked me to sign the "contract of sale" + a deposit so that I could lodge my offer.

]]> 21a41cd729cb951f08687dc56ece7cf4 davidts replied to the topic Required to Sign contract to make an offer on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408528-required-to-sign-contract-to-make-an-offer-on-a-property/#post-4684728 Tue, 22 Jan 2013 12:26:30 +0000 I am in Sydney. I have just re-read my previous post. When I said that they asked me to sign a contract I mean they asked me to sign the "contract of sale" + a deposit so that I could lodge my offer.

]]> da69b557fca02fdddb092fe359937016 davidts replied to the topic Refinancing PPOR to Purchase IP Ortgage Structure in the forum Help Needed! https://www.propertyinvesting.com/topic/4408476-refinancing-ppor-to-purchase-ip-ortgage-structure/#post-4684124 Thu, 17 Jan 2013 00:33:45 +0000 Hi Guys,

Thanks for you replies.

Jamie, I think I will be choosing option 2 to get lower interest rate, but I just want to try and understand why option 1 is no good?

Thanks,

David

]]> c776966b2e2b1c1b1707d3e9925b956b davidts replied to the topic How to turn negative gearing into positive gearing in the forum Help Needed! https://www.propertyinvesting.com/topic/4407494-how-to-turn-negative-gearing-into-positive-gearing/#post-4676565 Thu, 30 Aug 2012 11:34:47 +0000 Hi Jamie,

Thanks for the comment. I am still a bit new to investing. Could you explain to me your comments below:

I wouldn't look it like that. If you're doing an equity release against IP 1 to fund IP 2 – then I'd assign the loan repayments for that equity release against IP 2 when determining the holding costs. 

David

]]> b31875bcff5787c36b229f5dfb291e42 davidts started the topic How to turn negative gearing into positive gearing in the forum Help Needed! https://www.propertyinvesting.com/topic/4407494-how-to-turn-negative-gearing-into-positive-gearing/ Thu, 30 Aug 2012 08:26:51 +0000 Hi all wonderful people,

I am pretty new to property investing. However, I have a IP which I purchased 2 years ago for $440K, and an IO mortgage of $400K. The rental income does not cover the repayments, not by much, but that's ok as I am in the 40% income tax bracket and the negative gearing helps with my tax.

I recently had the property valued…[Read more]

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