PropertyInvesting.com | Desk Top | Activity https://www.propertyinvesting.com/members/desk-top/activity/ Activity feed for Desk Top. Mon, 13 Apr 2026 18:53:21 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d497fff367c5262ddc32bacd11d1045f Desk Top replied to the topic Serviced Apartments 7% Plus Return in the forum Help Needed! https://www.propertyinvesting.com/topic/4375489-serviced-apartments-7-plus-return/page/2/#post-4486562 Thu, 19 Aug 2004 04:01:31 +0000 what area???

let me know how it goes!!!!

desk top

]]> b864417c067c2e001be2391109aa09d0 Desk Top replied to the topic Serviced Apartments 7% Plus Return in the forum Help Needed! https://www.propertyinvesting.com/topic/4375489-serviced-apartments-7-plus-return/#post-4486560 Wed, 18 Aug 2004 02:48:16 +0000 thank you michael for all your advice, appreciate you taking time out to inform me.

i have talked to many other investors about serviced apartments and most say the same thing. “stay AWAY”!!!!!! everything you have mentioned makes complete sense now.

not having had alot of investing experience in property my first attraction was the rental…[Read more]

]]> 23ae748099f1a9e9cb0fdd8c168f64a2 Desk Top replied to the topic Sell it or keep it? in the forum Help Needed! https://www.propertyinvesting.com/topic/4375543-sell-it-or-keep-it/#post-4486996 Tue, 17 Aug 2004 11:16:35 +0000 the one thing ive learned by reading steves book is ask yourself one question when investing in property:

“What are you buying for? and how do you intend on making money from this investment”?

positive cash flow – earn money from day one?
negative gearing – cost you money now for possible capital growth in the future??

Why did you buy these…[Read more]

]]> eb37cb6195691e3c0579455c53e005ed Desk Top replied to the topic Serviced Apartments 7% Plus Return in the forum Help Needed! https://www.propertyinvesting.com/topic/4375489-serviced-apartments-7-plus-return/#post-4486557 Tue, 17 Aug 2004 11:00:39 +0000 hi derek,

have you had any experience with such property investments? or do you know anyone that has??

]]> 0b888f9c5fce0ff93a63687bf726a96c Desk Top replied to the topic Serviced Apartments 7% Plus Return in the forum Help Needed! https://www.propertyinvesting.com/topic/4375489-serviced-apartments-7-plus-return/#post-4486555 Tue, 17 Aug 2004 10:20:28 +0000 thank you everyone for your advice.

ive looked into the contracts for a number of serviced apartments in the melbourne CBD. the deal usually is this.

terms are 15 – 25yrs with annual increases. however:

each term is based on 5yr only. thereafter the tenant (being the hotel chain) issues a rental notice before the end of the term to stipulate…[Read more]

]]> 78d53b75d7fb004c13966c8f953755b3 Desk Top replied to the topic Serviced Apartments 7% Plus Return in the forum Help Needed! https://www.propertyinvesting.com/topic/4375489-serviced-apartments-7-plus-return/#post-4486549 Fri, 13 Aug 2004 07:26:47 +0000 thanks jo

btw Jaffasoft, i really like your property calculator….fantastic idea

]]> ca18fd49f94ff809a1169754ff9002c0 Desk Top replied to the topic Serviced Apartments 7% Plus Return in the forum Help Needed! https://www.propertyinvesting.com/topic/4375489-serviced-apartments-7-plus-return/#post-4486547 Fri, 13 Aug 2004 07:17:48 +0000 I do like the idea however I was not aware that such investments are hard to find Finance for, like Terryw kindly pointed out. I like to know people that have invested in similar apartments to make me 100% confident….you can never get enough info

Desk Top

]]> b1a8285490d5fea396120a8387b5c424 Desk Top replied to the topic Serviced Apartments 7% Plus Return in the forum Help Needed! https://www.propertyinvesting.com/topic/4375489-serviced-apartments-7-plus-return/#post-4486545 Fri, 13 Aug 2004 07:09:52 +0000 $400 p/w would be a great return if he can pull it off.

The apartments I have been looking at are with established hotel chains. You would be bound by an existing lease agreement and the property is managed by the hotel. Your income is set in the agreement with annual increases. The thing I find attractive about these kinds of investments is…[Read more]

]]> ee08993e54fc20bf812ad14ea1d37497 Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/page/2/#post-4460650 Mon, 22 Mar 2004 00:11:25 +0000 hi russ…thanks for the tip. im not sure what OPM means, can you please clarify?? buying 2 smaller IP’s are you suggesting that they should be positive cashflow properties? im not sure if the combined rent would equal the amount i could receive for the one larger IP property. perhaps if you look for properties with higher potential capital…[Read more]

]]> 4243fa5e9f1036203464fb01354d931f Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/#post-4460647 Fri, 19 Mar 2004 01:57:40 +0000 hi..not sure who you’re after..

this is desk top from melbourne

]]> 832d6d53388232121e91d6056e4361ab Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/#post-4460645 Wed, 17 Mar 2004 04:47:32 +0000 thanks simon, appreciate the options you are suggesting.

Simon said:
“They lend 65% of the total valuation which covers them if they need to sell the property to pay the debt”

will they ever lend 100% of the value of the property, and then use the 2 properties as security to recover the debt??

desk top

]]> f8c196f5fc8d65426e60cc96f7a7d6e5 Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/#post-4460643 Wed, 17 Mar 2004 02:51:24 +0000 very good question…..i would also like to know how lenders manage unemployed clients with equity.

desk top[suave3]

]]> 3fc91f44ca5cce8400111f0e8e80cabc Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/#post-4460641 Wed, 17 Mar 2004 02:38:55 +0000 thanks chan dollars

appreciate everyones comments

desk top[suave3]

]]> ca23856faae6a10727056adce08126bd Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/#post-4460639 Wed, 17 Mar 2004 02:05:33 +0000 i havent lived in it however ive been told that if you sell after a certain period of time, you are not subject to capital gains. ive owned the property for over 16yrs.

desk top

]]> cfed802b2f601434df347172d01b5f17 Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/#post-4460637 Wed, 17 Mar 2004 01:30:57 +0000 im confident that i will be able to make the repayments, and i wont be un employed forever! id would much rather look for another IP now rather than later. out of curiosity…if i did sell, will it be subject to capital gains??

desk top

]]> b81aae490842b0fe80bcd40b6533ff62 Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/#post-4460635 Wed, 17 Mar 2004 01:13:46 +0000 thanks kay henry – what kind of smaller properties do you recommend that will return a higher yield? i was thinking if i could hang on to this property, seeing that im still at home and my outlay is low, i could use the equity to service another “positive cashflow” IP. im yet to find a property that can return a positive income, (but still…[Read more]

]]> 4721c62537c5d1b6f0c7a560ce67574a Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/#post-4460633 Tue, 16 Mar 2004 16:47:10 +0000 hi mel

thanks for the advice, appreciate it. looking like i will find new tenants and rent it out again. after my renovations, i should be able to get a higher return.

i will also take up your advice and talk to a mortgage broker.

cheers,
Desk top

]]> cda471e40603888a1ea0c03654fcb494 Desk Top replied to the topic what to do?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371996-what-to-do-9/#post-4460631 Sun, 14 Mar 2004 12:54:26 +0000 thanks for the advice…..

not really familiar with wraps and how they work. have only read about the concept. also, im not sure what you mean by 20k per month???

desk top

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