PropertyInvesting.com | dcwwood | Activity https://www.propertyinvesting.com/members/dcwwood/activity/ Activity feed for dcwwood. Mon, 13 Apr 2026 12:43:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 286461fa6e7bafd04fac1eeba7f33211 dcwwood replied to the topic Invest in current property or buy another. in the forum Help Needed! https://www.propertyinvesting.com/topic/4406606-invest-in-current-property-or-buy-another-2/#post-4669905 Sat, 19 May 2012 03:20:59 +0000 Hey QM,

I would go back to renting on the Northern Beaches (its heaven!) and re-rent out your Central Coast Property – plus I’m sure the commute it a killer from the Coast?. You could then invest your 150K in higher growth areas i.e North QLD and the Hunter Region of NSW.

I live in Warriewood but had IP’s in Townsville and Newcastle.

DC

]]> 8652c8cf21624faacb209f366d3ddc06 dcwwood replied to the topic Gladstone in the forum Help Needed! https://www.propertyinvesting.com/topic/4405002-gladstone-6/#post-4657695 Sun, 23 Oct 2011 02:12:24 +0000 Hi DG,

Have a read through this post (it goes on and one but is very good) – it has some great advice on the Surat Basin towns – my preference is Mackay and Townsville over Gladstone but its a town with huge growth due to the CSG projects.

https://www.propertyinvesting.com/forums/property-investing/help-needed/4337447?highlight=gladstone

]]> 46a9c51365f6fccaf627384653134040 dcwwood replied to the topic Buying our 1st investment in this market?? Educated risk or silly move?? Help required in the forum Help Needed! https://www.propertyinvesting.com/topic/4404986-buying-our-1st-investment-in-this-market-educated-risk-or-silly-move-help-required/#post-4657536 Mon, 17 Oct 2011 11:01:45 +0000 Hi Mick,

Derek has made some very good points, look at the wider picture rather than just say ‘we won’t a IP’.

If you come full circle, I’d suggest investing in QLD – I live in Sydney but love investing in QLD – my two favourite right now are Mackay and Townsville. Both these areas are continue to grow (rather than a flat outlook for Melb), they…[Read more]

]]> 207c92a435b5174f8a806ea442b6f1ab dcwwood replied to the topic $100K and not sure where to invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404965-100k-and-not-sure-where-to-invest/#post-4657368 Sat, 15 Oct 2011 02:44:13 +0000 Hi Chazz,
You can borrow a lot more to invest in property which we’ve done but we’ve also got a margin loan for shares, our asset allocation is:
Property: 60%, Shares: 40% – and our shares are all paying solid/growing dividends (yes they have gone up and down but via dollar cost averaging we are well up) which all go into our offset account (on my…[Read more]

]]> 2b8234d1e2517e356e5db0d4be7366b8 dcwwood replied to the topic House and Land in Mt Low (near Townsville) in the forum Help Needed! https://www.propertyinvesting.com/topic/4404973-house-and-land-in-mt-low-near-townsville/#post-4657454 Sat, 15 Oct 2011 02:21:13 +0000 Give these guys a call http://www.mccarthygroup.com.au – I’ve used them for a number of IP’s up in Townsville and have found their service and advice excellent.

]]> 5dbf21611afef8a6612edb9caeff583a dcwwood replied to the topic $100K and not sure where to invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404965-100k-and-not-sure-where-to-invest/#post-4657360 Fri, 14 Oct 2011 10:58:38 +0000 G’day ChazzWazza, sounds like you’re travelling pretty well. Now all depends on your risk appetite and longer term goals but if I were you I’d be investing more in property (go for a new house build in QLD and get 10K from the State Gov.) and more shares (one’s with solid growing dividends). Thats what we’ve doing – just signed another new H&L in…[Read more]

]]> 5c9accd419936085239143b28129da29 dcwwood replied to the topic Opinion wanted on IP opportunity in the forum Help Needed! https://www.propertyinvesting.com/topic/4404942-opinion-wanted-on-ip-opportunity/#post-4657234 Wed, 12 Oct 2011 04:08:50 +0000 Hey Tropper, I personally think its over priced and the builder/investor is the only one doing well out of the deal…I don't know the area well but a quick search and a few phone calls to local agents I think you can get houses for under 300K with better rental return.

]]> 849af453a90f9302f606a6ea8f796a11 dcwwood replied to the topic New Goal - Starting Today - Advice needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4404945-new-goal-starting-today-advice-needed/#post-4657249 Wed, 12 Oct 2011 04:02:29 +0000 Hi Johann,You're right about passive income but ideally its an amount over and above any holding costs.What is the value of your PPOR? A 100K loan seems low so if you have a large amount of equity you could buy several IP's.DC 

]]> bb0953da7d99a99e93a0ecb9f4afa503 dcwwood replied to the topic Brisbane Property Manager advice in the forum Use these guys - https://www.propertyinvesting.com/topic/4404696-brisbane-property-manager-advice/#post-4655655 Tue, 13 Sep 2011 01:30:40 +0000 Use these guys – http://www.propertypursuit.com.au/manage/manage/ they are very good and they can also assist you with purchasing your next IP!!Give Jason a call and he will provide you with costs and details:Jason Hetherington, General Manager & Licensee  P: 07 3118 8565 |  F: 07 3118 8568 | M: 0421 085 086

]]> a68de7da9cea471430ff74ed5118a986 dcwwood replied to the topic I have $10,000 and dont know what to do with it in the forum Help Needed! https://www.propertyinvesting.com/topic/4404586-i-have-10000-and-dont-know-what-to-do-with-it/#post-4654851 Tue, 13 Sep 2011 01:16:46 +0000 Easy option – UBank online savings account 6.51% if you add $200 a month  My choice – buy the best Listed Investment Company (LIC) on the ASX – Argo Investments (ARG). It's $5 today, but has net tangible asset backing (NTA) of $5.57 per share. Reinvest your dividends (26cents per year currenlty) for 3-4 years then either pull it all out and use i…[Read more]

]]> 66e293dd81e8ea28b4e8b14a5547c6d9 dcwwood replied to the topic Newport or Harbord??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404681-newport-or-harbord/#post-4655577 Sun, 11 Sep 2011 07:51:53 +0000 Sorry didn’t read your DY comments, yeah as I said it has a high proportion of renters but its still a good suburb, I lived there for 5 yrs and loved it.

]]> 49921c555bce5f608989a80819af1218 dcwwood replied to the topic Newport or Harbord??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404681-newport-or-harbord/#post-4655576 Sun, 11 Sep 2011 07:49:32 +0000 Well the Northern Beaches is know as God’s country and Warriewood (beach side of Pittwater road again) is just that – magical. Mona Vale/Newport/Avalon have village feels to them and are also great suburbs. My pick out of all of them is Mona Vale but only just.

The new estates at the back of Warriewood have grown steadily over the years and have…[Read more]

]]> 2878e5ca0b9911a8601142454f6ea4d6 dcwwood replied to the topic Newport or Harbord??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404681-newport-or-harbord/#post-4655573 Sun, 11 Sep 2011 07:10:25 +0000 I live in Warriewood – hence the forum name DCwwood!

If you’re looking for an investment property (Units that is) on the Northern Beaches best bet is Dee Why – good bus transport to the CBD/North Sydney, plenty of cafes, restaurants on the beach front, 2 Coles, 1 Woolies and heaps of other shops. I’ve owned a few units over the years and recently…[Read more]

]]> 5d327fd3ca35b7350cd52ebeb7bc8266 dcwwood replied to the topic criticise me... in the forum Help Needed! https://www.propertyinvesting.com/topic/4404658-criticise-me/#post-4655413 Fri, 09 Sep 2011 03:27:54 +0000 haha Rusty, if you want me to send you a diagram PM me and I’ll send you an attachment – its really not that hard but it takes a bit of organising!!

Cheers mate.

]]> d6e2e12bafbca07d2d66ade55b8d4b2f dcwwood replied to the topic Looking to purchase first IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4404598-looking-to-purchase-first-ip/#post-4654950 Fri, 09 Sep 2011 03:22:05 +0000 Richard, I did suggest for Daniel to place all his 30K into a 100% offset account, but the way I structure my investment finances is to also have a buffer account. Ubank is simply a high interest online saver account – yes you pay tax on it but its there as a ‘buffer’ so if I ever want it I can get it quickly and not take money out of my off set…[Read more]

]]> d3a49bd88b3d7d91b9420d53288e04fb dcwwood replied to the topic criticise me... in the forum Help Needed! https://www.propertyinvesting.com/topic/4404658-criticise-me/#post-4655410 Thu, 08 Sep 2011 12:08:49 +0000 Rusty,
I like your thinking but think if your a high income earner you’d be better focusing on a capital growth strategy…how about this alternative:

Buy land in the Surat Basin region,QLD (high growth expected over the next 5-10 years), get a construction loan (interest only), get your 10K free new builders grant (apply for it yourself and you…[Read more]

]]> 9ddcfdf6196b6397cb2123591bc31146 dcwwood replied to the topic Looking to purchase first IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4404598-looking-to-purchase-first-ip/#post-4654947 Wed, 07 Sep 2011 11:52:31 +0000 Hi Daniel,

I would use the equity in your parents IP (its in your name so assume they trust you…) to purchase your own IP. Set up an interest only loan, with a 100% off set and place your 30K in it (good to also have a buffer account – maybe in UBank earning 6.51%), do a tax variation through the ATO and buy a new build in QLD – get 10K new…[Read more]

]]> e8ee793a55cae30de1c962442ff3b1f7 dcwwood replied to the topic Looking for a great accountant in Sydney (who owns his/her own investment properties AND does developments) in the forum Help Needed! https://www.propertyinvesting.com/topic/4404505-looking-for-a-great-accountant-in-sydney-who-owns-hisher-own-investment-properties-and-does-developments/#post-4654220 Tue, 06 Sep 2011 03:34:31 +0000 These guys are very good:Tax Effective Accountants Ph 1300 399 829 | Fax 02 9230 0044 | http://www.taxeffective.com.au Address | Level 12, 25 Bligh Street, Sydney NSW 2000

]]> edf69aa796687370d9ee1aec46fd7a46 dcwwood replied to the topic To Buy Or Not To Buy in the forum Help Needed! https://www.propertyinvesting.com/topic/4404368-to-buy-or-not-to-buy-9/#post-4653303 Wed, 03 Aug 2011 01:52:06 +0000 Go for it Adam – well, once you've done the numbers, researched like a champion and done several visits and spoken to a least 15 different agents/suppliers/builders/locals. There is plenty of good opportunities out there, you’ve just gotta get out there and look at all the options!!

]]> 1c030aff4c0eaf7d4786e841733df4cc dcwwood replied to the topic Mackay, QLD or Singleton, NSW? 60K to invest! in the forum Help Needed! https://www.propertyinvesting.com/topic/4404350-mackay-qld-or-singleton-nsw-60k-to-invest/#post-4653192 Wed, 03 Aug 2011 01:42:07 +0000 Thanks pinkboy, will PM you now!! Agree Land purchase, then secure the builder is the way to go.

]]> 1dd8b69274126669ce9cc4b981c41b29 dcwwood replied to the topic Mackay, QLD or Singleton, NSW? 60K to invest! in the forum Help Needed! https://www.propertyinvesting.com/topic/4404350-mackay-qld-or-singleton-nsw-60k-to-invest/#post-4653189 Tue, 02 Aug 2011 02:45:52 +0000 I'm definitely leaning towards Mackay, its a real muscle town offering so much more that just coal-seam gas projects. Pinkboy, the estates I'm looking at are Plantation Palms, Avalon and Mountain View. Do you have a preference – based on location to CBD, surroundings, costs, potential for growth etc? Will most likely be doing a H&L package.

]]> 6efa52c258478cffd27753e89a3a7ab1 dcwwood replied to the topic Mackay, QLD or Singleton, NSW? 60K to invest! in the forum Help Needed! https://www.propertyinvesting.com/topic/4404350-mackay-qld-or-singleton-nsw-60k-to-invest/#post-4653186 Mon, 01 Aug 2011 06:14:37 +0000 Sorry…should have been more specific, I've got $60,000 cash and are looking at properties valued between 380K-420K. For anyone who hasn't seen this blog from Josh – another member – read it today – fantastic info!!http://ppiqldtour.blogspot.com/ 

]]> 5bde2aa15d4add9dd63d6ca7af312e54 dcwwood replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Unreal posts Josh - thanks https://www.propertyinvesting.com/topic/4404256-qld-mining-regions-bowen-surat-basins-gladstone-willing-to-help-anyone-with-questions/page/2/#post-4652015 Mon, 01 Aug 2011 06:01:24 +0000 Unreal posts Josh – thanks heaps. I've posted a questions about Mackay, are you going to go there?  

]]> 29c95d48c10cb08531cf89198fb50f8c dcwwood replied to the topic Property swap with the in-laws in the forum Help Needed! https://www.propertyinvesting.com/topic/4403014-property-swap-with-the-in-laws/#post-4643496 Thu, 10 Mar 2011 09:37:09 +0000 sorry $550 per week.

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