PropertyInvesting.com | debbrad | Activity https://www.propertyinvesting.com/members/debbrad/activity/ Activity feed for debbrad. Mon, 13 Apr 2026 13:08:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ccee77731a229b29f28320f04e9dfd1c debbrad replied to the topic Due Diligence, How much is enough? he!!!p in the forum Help Needed! https://www.propertyinvesting.com/topic/4388130-due-diligence-how-much-is-enough-hep/#post-4560846 Wed, 31 Jan 2007 16:30:34 +0000 Hi All,

my partner and I balance each other to a certain extent. I like to be thorough with Due Diligence but almost to the point of analysis paralysis and would miss every deal. My partner gets the vibe of where the action is and wants to act on it. If it wasn’t for him we would have missed on the last 2 properties. One was supposed to be very…[Read more]

]]> 85cd67e60d910a1aa668ff3e8e91038d debbrad replied to the topic Pet urine problem in the forum Help Needed! https://www.propertyinvesting.com/topic/4384969-pet-urine-problem/#post-4544839 Tue, 04 Apr 2006 19:13:12 +0000 I looked it up on the internet once because with 2 young kids I was having trouble getting a urine smell out of the carpet in their bedroom. 1/2 cup vinegar mixed with 1/2 cup water poured directly onto the smelly area then towels to soak it back up. May need to do it a couple of times. It worked for me but it will depend on what is underneath…[Read more]

]]> 6f3615e78e694511134092aeaa8bae0b debbrad replied to the topic Hedland in the forum Help Needed! https://www.propertyinvesting.com/topic/4379044-hedland/page/2/#post-4508506 Sun, 05 Mar 2006 16:29:55 +0000 We went to South Hedland to see the house we bought. Most of the houses in South Hedland seem to be old fibro houses on poles with iron roofs. Some are quite run down and ugly looking. Others have been painted and maintained quite well. Ours is in the later catagory. There was a beautiful tropical garden front and back and a huge below ground…[Read more]

]]> a0d4d068fc1a1b661f1dd435fd1a718f debbrad replied to the topic Hedland in the forum Help Needed! https://www.propertyinvesting.com/topic/4379044-hedland/#post-4508504 Sat, 04 Mar 2006 02:59:04 +0000 Hi Jarrah,

It would probably be helpful for someone wanting to understand the market here to do a little reading on how the mining companies are doing. Some of the company names up here are RioTinto, Woodside, BHP, or do a general search under Mining Pilbara latest news. They seem to be constantly finding new deposits of iron ore etc.
It is hard…[Read more]

]]> 595498dbd13579041509749d055300e5 debbrad replied to the topic Hedland in the forum Help Needed! https://www.propertyinvesting.com/topic/4379044-hedland/#post-4508502 Fri, 03 Mar 2006 19:25:51 +0000 We live between Karratha and Port Hedland. It is unlikely that someone from out of town would feel comfortable buying up here at the moment because you don’t get time to do your due diligence before the place you are looking at has been sold. So we have had to brave and leap into the market. Remembering we have lived here for 10 years and know…[Read more]

]]> 1fcdd7de0f8b16e1eff0087fde0f0bdc debbrad replied to the topic Unmotivated Partner in the forum Help Needed! https://www.propertyinvesting.com/topic/4377906-unmotivated-partner/page/4/#post-4501610 Sat, 14 Jan 2006 14:00:31 +0000 Dazzling,

you have probably resolved this issue by now as I see it was first posted a year ago. But in my relationship I am the one who hates spending money on, “dudades”, (Robert Kiyosaki’s term for plasma tvs and boats etc). Initially I was the one interested in property investing and found it hard talking about it to my partner. Then I sent…[Read more]

]]> 3d979f77ac3c0d8614d23001629dc043 debbrad replied to the topic Can you help? in the forum No Subject https://www.propertyinvesting.com/topic/4380980-can-you-help/page/4/#post-4521589 Tue, 13 Dec 2005 16:51:20 +0000 1. Using cheap resources such as the Valuer General’s sales data and value watch reports when researching suburbs, looking up the value of the property you are about to purchase.

2. The differences between residential and commercial properties e.g. doing the research on each, double the purchase cost for commercial, loan differences, landlord…[Read more]

]]> e97e51eb35f448fb9e13854d9d80b11e debbrad replied to the topic What would you do with $10,000? in the forum Help Needed! https://www.propertyinvesting.com/topic/4383509-what-would-you-do-with-10000/#post-4537075 Sat, 10 Dec 2005 17:59:20 +0000 I was looking up term deposit rates the past 2 days and NZ has some quite good rates for $10,000 NZD over 12 months. Just incase you were thinking of putting it somewhere safe until you had a steady income.
Alternatively you could look into the First Home Owners Grant Scheme.

Good Luck
Deb

]]> 5c7b83b051b3cd0c625e5087ed3092b1 debbrad replied to the topic Pre Nups .. do they protect us ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382230-pre-nups-do-they-protect-us/page/4/#post-4529673 Fri, 09 Dec 2005 08:12:05 +0000 There are quite a few rich single men where I live. What age and attributes do you require?
Are you happy to live in the middle of nowhere, 45 degree heat in Summer. Alternatively the new rich man could do fly in fly out and you could live in the City.

Ha Ha

Deb

]]> 6b67daa07b80cc910e12c04c55007301 debbrad replied to the topic i am confused... in the forum Help Needed! https://www.propertyinvesting.com/topic/4383468-i-am-confused/#post-4536897 Thu, 08 Dec 2005 17:18:36 +0000 Dazzling, is it OK to ask the tenant what their intentions are as far as staying on? How far can you go with communications to the tenant when you are the purchaser? Could you ask the tenant if they would be interested in signing up a 10 year lease if you purchased the property? Can you write that in an offer e.g. subject to tenant signing new 10…[Read more]

]]> eaedfbbf5e18cfba39a8940c450e6999 debbrad replied to the topic Commercial Real estate in the forum Help Needed! https://www.propertyinvesting.com/topic/4383485-commercial-real-estate/#post-4536981 Wed, 07 Dec 2005 16:42:11 +0000 You could try the Valuer General’s Office in the state you are searching. The sales data office should be able to sell you the latest value watch summary on the area you are looking (unless you look in small country towns). If the commercial real estate makes up the whole subburb then the report will be helpful to see what capital growth there has…[Read more]

]]> 86f762ac53c9fd6d766c751f0ac2d176 debbrad replied to the topic 57% cash on cash return???Commercial deal. in the forum Help Needed! https://www.propertyinvesting.com/topic/4383344-57-cash-on-cash-returncommercial-deal/#post-4536176 Wed, 07 Dec 2005 05:46:32 +0000 The best interest rate I can get from a lender over East is 7.9%. That is only if when the property is valued it is actually worth the $350,000. I came across an interesting quote from a lending institution.
“unlike residential financing where the Borrower must qualify for the mortgage product; Commercial financing differs whereby the Property…[Read more]

]]> cc58dac6b7439056d9d3057b048ed4cb debbrad replied to the topic 57% cash on cash return???Commercial deal. in the forum Help Needed! https://www.propertyinvesting.com/topic/4383344-57-cash-on-cash-returncommercial-deal/#post-4536174 Tue, 06 Dec 2005 15:31:16 +0000 I should rename this thread 22%cash on cash return. The commercial bank loan officer informed me today that a commercial loan with Commonwealth Bank is at 8.7% for 5 year fixed interest only. That really throws a spanner in the works for me. Instead of this deal returning more than $10,000 p.a. it would be a return of just over $3,000. Our other…[Read more]

]]> 12cb9d8b0b75e098431fe1c1bd8d2841 debbrad replied to the topic 57% cash on cash return???Commercial deal. in the forum Help Needed! https://www.propertyinvesting.com/topic/4383344-57-cash-on-cash-returncommercial-deal/#post-4536171 Fri, 02 Dec 2005 16:17:13 +0000 I now have the lease (which doesn’t appear too complex).
sometimes I hate living in a small town. The only commercial loans person has been away the past 2 weeks. Armed with the lease and the past sales data I will get the bank involved next.
Thank you all for your advice along the way.

Deb

]]> 2d1859a0740a0c1f85d541e67e55a155 debbrad replied to the topic 57% cash on cash return???Commercial deal. in the forum Help Needed! https://www.propertyinvesting.com/topic/4383344-57-cash-on-cash-returncommercial-deal/#post-4536169 Tue, 29 Nov 2005 13:01:03 +0000 I think you might be onto something Dianne.
I told the agent I had been advised to see the lease prior to making an offer. I said both the bank and my lawyer would like to see it. Now I will wait and see if he posts it to me.
I also got the historical sales data for this lot and the first recorded purchase was in 1992 for about $75,000. No further…[Read more]

]]> 1f08bfdcf8b4aae01ee19b3fd9a4fad0 debbrad replied to the topic Who is good at stats - capital growth??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4383357-who-is-good-at-stats-capital-growth/#post-4536333 Tue, 29 Nov 2005 09:17:29 +0000 We live in a mining town in the North West of Western Australia. Population 2500. There is a severe housing shortage here and in the surrounding towns. When a house comes up for sale it gets snapped up. The houses are gone before I have a chance to complete my due diligence in order to make an offer.
The only reason we are looking in our own…[Read more]

]]> e6a0f74cc41420567792a2c1426e88f6 debbrad replied to the topic 57% cash on cash return???Commercial deal. in the forum Help Needed! https://www.propertyinvesting.com/topic/4383344-57-cash-on-cash-returncommercial-deal/#post-4536167 Mon, 28 Nov 2005 06:08:56 +0000 Thanks Dazzling & Gross Realization.

This is such a big learning curve for me. I was being sucked in by the rental return without looking at the whole picture. I am used to residential and being able to find out every last detail on the property myself from the Valuer General’s Office.
I will let the agent know I will need to see the lease before…[Read more]

]]> 9c820aa25c42d464acceb9c301b87189 debbrad replied to the topic 57% cash on cash return???Commercial deal. in the forum No Subject https://www.propertyinvesting.com/topic/4383344-57-cash-on-cash-returncommercial-deal/#post-4536164 Sun, 27 Nov 2005 16:57:43 +0000 The land is in the industrial area near a mining town. How would I find out what the ‘dirt is worth in an industrial area’?
The buildings are 25 yrs old.
The lessee’s mew manager said he wants to be there for another 20 yrs. They service the mines which are booming and should be for the next 20 years plus.
We should be able to lease it again if…[Read more]

]]> 1b02e23c909de5eb0c47f62fa7421e96 debbrad replied to the topic 57% cash on cash return???Commercial deal. in the forum Help Needed! https://www.propertyinvesting.com/topic/4383344-57-cash-on-cash-returncommercial-deal/#post-4536162 Sun, 27 Nov 2005 15:44:37 +0000 [confused2]
Need help. I am still working on this deal. Agent said the $36,000 rent is net and on top of the V.Os. I am using Steve’s Buyer Beware Financial Analysis template to check the stats. I have just noticed that the funded costs don’t get added to the principal amount being borrowed from the bank. I have added them now and the cashflow…[Read more]

]]> 67548d36565f12854857c3a9418d58b2 debbrad replied to the topic 57% cash on cash return???Commercial deal. in the forum No Subject https://www.propertyinvesting.com/topic/4383344-57-cash-on-cash-returncommercial-deal/#post-4536161 Sat, 26 Nov 2005 16:02:10 +0000 Hi Dazzler,

thanks for your valuable input.
I will clarify with the agent whether he has quoted net or gross rent.
The rent review are yearly CPI. So I guess that would make it about 3.5% currently. Is that what you mean by escalation rate? Should it be more than that?
The agent was also saying that an application has gone to the council to have…[Read more]

]]> 780106b4f4297f4b5c87d291337bcce5 debbrad replied to the topic Recommend a good property manager in WA? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382236-recommend-a-good-property-manager-in-wa/#post-4529711 Sat, 26 Nov 2005 06:48:20 +0000 Hi Vernon,

Growth Realty in Subiaco have looked after my IP in West Perth for 9 years now and they have been great. They are only a small firm though and seem to only cover West Perth, Subiaco area. I had great difficultly finding a great PM for our second IP in Rivervale. We are with AFG Property for Rivervale and they are OK but you could do…[Read more]

]]> 2d7713cad280b13c6dba3ceabdbe9718 debbrad replied to the topic Uni student accom in the forum Help Needed! https://www.propertyinvesting.com/topic/4383293-uni-student-accom/#post-4535880 Tue, 22 Nov 2005 08:14:17 +0000 I lived in flating situations as a uni student and we used to divide the electricity bill. Each person pays for their own phone calls though. You would get the first student to take the responsibility of signing the tenancy agreement and organising the electricity and phone bill. They then get a say in who they will share the house with.

]]> 4d4d3d048640f14b322584af2731840f debbrad replied to the topic I just dont get it, how is it possible in the forum Help Needed! https://www.propertyinvesting.com/topic/4383295-i-just-dont-get-it-how-is-it-possible/#post-4535890 Tue, 22 Nov 2005 08:06:02 +0000 I hear you. You are quite right it is very hard to find a positive property in Perth at the moment. We are where you are at now, reading, learning, looking and trying to work it out. When you read on you will see that they created opportunities for positive properties by changing deals to suit themselves.

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