PropertyInvesting.com | devo76 | Activity https://www.propertyinvesting.com/members/devo76/activity/ Activity feed for devo76. Thu, 09 Apr 2026 21:23:36 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 23f975e7bab1e0da6f10169158e1fb00 devo76 replied to the topic DA Approval and tennants in an existing property in the forum General Property https://www.propertyinvesting.com/topic/4403886-da-approval-and-tennants-in-an-existing-property/#post-4649478 Fri, 10 Jun 2011 06:09:19 +0000 i have a property with tennants in both the house and granny flat.I am building an  additional house to the back plus some extension work and new garage on the existing house. I lowered the rent a little but at the time it was not really needed.But right now i have the house tennants moving out right as the extension is being made( think…[Read more]

]]> ff0d0a7c86b2cb9e4a0d26343118cce4 devo76 replied to the topic Development near Nowra in the forum Help Needed! https://www.propertyinvesting.com/topic/4403484-development-near-nowra/#post-4646835 Fri, 29 Apr 2011 13:40:55 +0000 Culburra ???

]]> 20790c55dc711541724a1477ac62b8e8 devo76 replied to the topic Is property investing going to poo in the forum General Property https://www.propertyinvesting.com/topic/4403338-is-property-investing-going-to-poo/#post-4645780 Thu, 14 Apr 2011 01:16:45 +0000 ummester wrote:

ALF1 wrote:
Australia currently has a housing shortfall

Surely increasing stock levels in every state disprove this. If there truly is a shortfall, how can stock increase without a similar increase in homelessness?

Surely you would agree that sonner or later stock must increase. It cant keep dropping endlessly until the last…[Read more]

]]> 7c6971339462696a86c084e105c6f2b5 devo76 replied to the topic Me think interest rate should come down in the forum General Property https://www.propertyinvesting.com/topic/4403293-me-think-interest-rate-should-come-down/#post-4645511 Sat, 09 Apr 2011 09:01:39 +0000 I thinks it’s obvious that rates do not have to go as high to slow things down as they have in the past. 10%+ rates will not happen for any significant time. I think the rates peak will drop slightly with each cycle.
What happens when we hit peaks of 1% leaving us no room to stimulate ????
I don’t know. It will not be good but it’s still several…[Read more]

]]> d0e7a640d127634cdab4a65ca9aaf29d devo76 replied to the topic The steps to watch for in the coming Australian housing correction in the forum Property would have dropped https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/2/#post-4645051 Mon, 04 Apr 2011 07:33:53 +0000 Property would have dropped if The government didn’t step in………. Do we really think they won’t do the same this time??? Of coarse they will. They may be a little more careful not to overstimulate but stimulate they will. To think they won’t is falling into the same trap.

]]> 196ebbd35c8b54b09e2ad3b2e09362a1 devo76 replied to the topic The steps to watch for in the coming Australian housing correction in the forum I was actually counting on a https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/2/#post-4645048 Mon, 04 Apr 2011 04:38:51 +0000 I was actually counting on a slight drop in prices to help with my next purchase. problem being is the cash i was going to use was profit( equity) created in my current development. The development should have been completed by now but will probably take until later in the year now. Luckily even with a 20% drop i will still have equity to release…[Read more]

]]> d33e1b459a75d2b985ec165b39879719 devo76 replied to the topic Aussie houses are world's most overpriced in the forum General Property https://www.propertyinvesting.com/topic/4402978-aussie-houses-are-worlds-most-overpriced/page/2/#post-4643271 Thu, 31 Mar 2011 23:03:52 +0000 ummester wrote:

devo76 wrote:
First of all. 56% blah blah. That would place many properties across Australia at below their replacement cost. Secondly why must there be a crash from here. I agree that values are way high. But i also believe that a few years of flat growth will sort this out. yes we are pricey compared to many countries. many…[Read more]

]]> 5dc5a6cb565c0f267f23a6a1273ef54e devo76 replied to the topic Aussie houses are world's most overpriced in the forum First of all. 56% blah blah. https://www.propertyinvesting.com/topic/4402978-aussie-houses-are-worlds-most-overpriced/page/2/#post-4643268 Wed, 30 Mar 2011 07:13:14 +0000 First of all. 56% blah blah. That would place many properties across Australia at below their replacement cost. Secondly why must there be a crash from here. I agree that values are way high. But i also believe that a few years of flat growth will sort this out. yes we are pricey compared to many countries. many of these countries are in the…[Read more]

]]> 97ac05496f068b999c6132785ce69e91 devo76 replied to the topic End Negative Gearing and FHB Strike Campaigns on Get Up! in the forum General Property https://www.propertyinvesting.com/topic/4403182-end-negative-gearing-and-fhb-strike-campaigns-on-get-up/#post-4644425 Wed, 30 Mar 2011 07:03:25 +0000 Vocal minority having a cry. Thats all. The much larger quiter group( every home owner) will have a lot to say when/if things look like being effected by their boohoos. You rarely hear from the happy. Just the unhappy. When was the last time you visited a website to let everyone know things are just rosey.My point being this response is not s…[Read more]

]]> 4b210ce41b56042b3456a91a35f9cdfa devo76 replied to the topic $120 Houses in Australia in the forum Wynyard wrote:Bumping for https://www.propertyinvesting.com/topic/4401720-120-houses-in-australia/#post-4635264 Thu, 03 Feb 2011 10:17:58 +0000 Wynyard wrote:
Bumping for new leads

Shoalhaven.Fast growing area. coastal2 hours from Sydney and CanberraCheap houses( nowra area)great for familiesI live there so thats a big plus :)

]]> 0b56c262452f65631b195b737787eaeb devo76 replied to the topic House for under $300,00 - Where would you buy in NSW? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402285-house-for-under-30000-where-would-you-buy-in-nsw/page/2/#post-4638708 Fri, 07 Jan 2011 05:47:56 +0000 I think will be hard to get people on the side of Nowra here. Nowra would be relatively unknown. Where would I buy. Well Nowra for Starters because I live here. It’s not a little country town as some suggest and it has much going for it now and into the future.
It’s affordable and has an average rent return approaching 6%.

You could do a lot…[Read more]

]]> e9b67b973aba9905e0c634cd0d10f85d devo76 replied to the topic Excessive house prices and the ridiculous supply myth, another spruiker myth busted. in the forum General Property https://www.propertyinvesting.com/topic/4402095-excessive-house-prices-and-the-ridiculous-supply-myth-another-spruiker-myth-busted/#post-4637559 Sat, 04 Dec 2010 07:56:11 +0000 Complying developments are generally the big housing estates on the outskirts. Sometimes you have to go through a bit of crap to come out ahead

]]> a752eb1f96255cc6a87d0b8890b8e5a3 devo76 replied to the topic Excessive house prices and the ridiculous supply myth, another spruiker myth busted. in the forum General Property https://www.propertyinvesting.com/topic/4402095-excessive-house-prices-and-the-ridiculous-supply-myth-another-spruiker-myth-busted/#post-4637555 Fri, 03 Dec 2010 22:44:16 +0000 Tom
my agent has 500 rentals on there books. None available NONE. Newspaper shows families struggling to find anything. Workers moving to town living at there work. People paying rent a year in advance just to secure a place.

Sure there are estates on the outskirtsthat have room to expand at the developers whim. But the developers stop for a…[Read more]

]]> 4fd2ad1983c1226aff2f65d9efc0cef0 devo76 replied to the topic Australian Property Bubble (article on Associated Press) in the forum General Property https://www.propertyinvesting.com/topic/4401872-australian-property-bubble-article-on-associated-press/#post-4636088 Tue, 16 Nov 2010 22:21:19 +0000 I agree thommo. A soft or flat market for a while would be great. I actually believe this is what’s happening. Some interpret this as an impending crash. Time will tell. Looking long term but ,the game hasn’t changed at all.

]]> 67897c3016a0c22df94dfe4411e031cc devo76 replied to the topic Australian Property Bubble (article on Associated Press) in the forum General Property https://www.propertyinvesting.com/topic/4401872-australian-property-bubble-article-on-associated-press/#post-4636084 Tue, 16 Nov 2010 09:48:10 +0000 Nice post . Nice FIRST POST. Can I just ask why you bother on a property forum.
You know what. I hate golf but you will not find me on a golf course telling people.
So why are you here I’m honestly interested.
Do you want to save us …. Not likely.
Do you want to start crap…. maybe.
Are you angry about house values and feel that by pushing…[Read more]

]]> 628de8cbf24e94aec4e253ec31a08cd9 devo76 replied to the topic houses under powerlines in the forum General Property https://www.propertyinvesting.com/topic/4401626-houses-under-powerlines/#post-4634760 Sun, 24 Oct 2010 09:52:33 +0000 I live near power lines. Not the big boys but probably 1.5 times a norman street line The road in our estate runs parallel to them but my couldersac runs away. Not the greatest thing to see as you drive in but on the flip side it opens the estate up to views of the mountain.It has effected sales a small amount. For every 1 person that does not…[Read more]

]]> 33b163474c7990da4cf03214341d3f1d devo76 replied to the topic Property bust not here yet ... worse to come in the forum if they bought 2 years ago https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/35/#post-4549125 Fri, 15 Oct 2010 00:42:16 +0000 if they bought 2 years ago and lost money I would believe it. That is “in the last ten years ” also.
Honestly mate you did imply a ten year timeframe

]]> 8aeeaa278d94430154c099180b970e60 devo76 replied to the topic Property bust not here yet ... worse to come in the forum I have an example. Buy any https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/35/#post-4549121 Tue, 12 Oct 2010 09:24:28 +0000 I have an example.
Buy any house in 2000.
DON’T INSURE IT
then burn it to the ground.
That’s one way to lose money
………..actually…………..
The land value alone would probably put you in front so scratch this example.

]]> e77cd29d6b922b4d2b01607d2afb95da devo76 replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/34/#post-4549091 Wed, 29 Sep 2010 05:02:22 +0000 All my properties bought in the last 10 years including PPOR. Im doing fine.Total out of pocket expenses across all including costs is under $300 pw.I have friends who bought their first place recently. Also doing fine.Work mates doing fineNeigbours doing fine.Sorry i dont see the blood. Im sure its there but it is not the majority of cases thats…[Read more]

]]> 11697287acf31cd1ab3821652a23c330 devo76 replied to the topic Buy ip in Nowra? Needing all the experts on this forum for advice in the forum I can give some rubbery https://www.propertyinvesting.com/topic/4401264-buy-ip-in-nowra-needing-all-the-experts-on-this-forum-for-advice/page/2/#post-4632266 Tue, 28 Sep 2010 03:26:58 +0000 I can give some rubbery figures as i dont have details in front of me so please check before you buy anything. Smallest block allowed with no house is 500 sqm and slightly bigger for a battleaxe. So 1000 sqm corner blocks or about 1100 sqm + for normal blocks is what you are after.Also what is worth remembering is if you build to Dual occupancy…[Read more]

]]> 890fc99e77a69dd94b4d018704c9d06c devo76 replied to the topic Buy ip in Nowra? Needing all the experts on this forum for advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4401264-buy-ip-in-nowra-needing-all-the-experts-on-this-forum-for-advice/#post-4632264 Mon, 27 Sep 2010 21:33:25 +0000 For what its worth.RP Data report just out says Nowra has performed well in recent times.Houses up 3.4% in the last 12 months.Rent up also.Unit and townhouse are up 25% in the last 12 months. Thats the third best gain in coastal Australia.I believe that because a mate bought a 2 bed town house in the CBD about 30 meters from one of my IP,s. He…[Read more]

]]> 97ff42fd36a3366a9bfbcd5086f7bb5e devo76 replied to the topic Buy ip in Nowra? Needing all the experts on this forum for advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4401264-buy-ip-in-nowra-needing-all-the-experts-on-this-forum-for-advice/#post-4632263 Sun, 26 Sep 2010 21:35:38 +0000 evernat wrote:
devo76 Im far from put off Nowra,In fact Im going to there within the next two weeks to start looking around the parts you have all talked about.I would never just walk away from one area just from one persons feelings,thats why I value everybody comments and the forum here.JacM 100% right on the " INFRASTRUCTURE" , thank…[Read more]

]]> e6e383a27c185c376f994f02a937c81c devo76 replied to the topic Buy ip in Nowra? Needing all the experts on this forum for advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4401264-buy-ip-in-nowra-needing-all-the-experts-on-this-forum-for-advice/#post-4632260 Sun, 26 Sep 2010 11:46:31 +0000 No offence to thecrest. But if his comments alone put you off the place. That’s a bit misguided and sad.

]]> 336535538f882bc2222272fff029f0da devo76 replied to the topic Buy ip in Nowra? Needing all the experts on this forum for advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4401264-buy-ip-in-nowra-needing-all-the-experts-on-this-forum-for-advice/#post-4632257 Sat, 25 Sep 2010 22:03:50 +0000 The gaol is south of Nowra and to the south of the industrial area. Not really a safety issue. I think it’s more benificial due to high income employees and there families moving in. As for inmates families. I haven’t seen a bad effect in goulburn but I’m not really sure.

Yes east Nowra is a bit rough but many social housing properties are being…[Read more]

]]> 5530f8ab886662b10cefda163f1fafe3 devo76 replied to the topic Buy ip in Nowra? Needing all the experts on this forum for advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4401264-buy-ip-in-nowra-needing-all-the-experts-on-this-forum-for-advice/#post-4632255 Fri, 24 Sep 2010 21:55:21 +0000 Shootings is a bit of a dramatization. Can’t remember one happening to be honest. There is a stigma around east Nowra . It’s a bit rough but I’m not talking burning cars and riots here. Just a lower socioeconomic area.most Towns have an area like this. Just be careful investing in areas like that Nowra or otherwise. Nathan on these forums does…[Read more]

]]> 8ba8aac8156508762c32cffc6b4c2ac0 devo76 replied to the topic Buy ip in Nowra? Needing all the experts on this forum for advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4401264-buy-ip-in-nowra-needing-all-the-experts-on-this-forum-for-advice/#post-4632252 Wed, 22 Sep 2010 02:36:45 +0000 OK in a nut shell Nowra has good and bad points. Unemployment is a bit of an issue but that being said it has many employment drivers and is below value compared to neighbouring areas.I would stick to areas like North NowraCambewarraCentral nowraI like central nowra for IP,s because it is land locked and is full of older style properties on big…[Read more]

]]> 3c5949149bc8754f7a89cad9f1d87d61 devo76 replied to the topic Buy ip in Nowra? Needing all the experts on this forum for advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4401264-buy-ip-in-nowra-needing-all-the-experts-on-this-forum-for-advice/#post-4632246 Tue, 21 Sep 2010 02:34:18 +0000 I have two Ip,s in Nowra and building number 3 soon. About to fly down south so cant answer questions now. I will try and respond when i get back this afternoon.

]]> 87dd9c20e7e78f012ef65f2c38e0cb35 devo76 replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum eloi wrote:hey. yes north https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/page/3/#post-4631675 Mon, 20 Sep 2010 21:51:48 +0000 eloi wrote:
hey.yes north queensland or all of queensland for that matter is suffering but sydney and melbourne have started to show some signs of similar scenarios. rental vacancies have started to increase, rental returns have been neautral or %2 at most, auction clearences are at %50 and prices have not increased for the last few months and…[Read more]

]]> 3e834144e678e86a35eed08138600d8b devo76 replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/#post-4631645 Sun, 12 Sep 2010 21:41:27 +0000 Mick12345 wrote:
Devo76, I didn't mention anything about selling property. The transaction costs would make that a pretty silly idea, especially when house price falls (or rises) are predictions.However what I am trying to implicate, is that in the current climate I believe it would be wise to keep your money in the bank (if, that is, you have…[Read more]

]]> 6b27ea5d6333b2246b98dbefac3379d3 devo76 replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/#post-4631643 Sun, 12 Sep 2010 04:13:37 +0000 Ummester. Yes that’s a more rational response. As for the undersupply thing. Who really knows. People push both sides. Must it be one or the other. Can it be above or below trend. I would still say with all the information at hand we are still leaning towards undersupply. I guess we will not know until the future becomes history/statistical fact.

]]> d55de55565c375fea7d5919167e82391 devo76 replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/#post-4631640 Sun, 12 Sep 2010 00:21:36 +0000 Are we really going to start that old savings v property chestnut.

For starters history has shown property is the winner.
To even consider savings you must have cash. You can’t use leaverage.
To sell all your property and put into savings is a very big call. To get it right and come out ahead would require more luck than skilled as so many WRONG…[Read more]

]]> da13502050395d192c7f0c08d9f74b48 devo76 replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/#post-4631639 Sun, 12 Sep 2010 00:04:35 +0000 Wow. It seems our future is already mapped out by forum users. No point going on with life really

]]> d0f6a6c2ed78a5000fcae0e075af0afe devo76 replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/#post-4631631 Fri, 10 Sep 2010 22:51:50 +0000 Just had a drive around our area. Yep still short of properties. They are there but still well below trend. I think it’s still way to early to call an oversupply at this stage. Everytime there is a bit of a move with anything in Realestate people exagerate and amplify/twist the results. It goes both ways and it’s quite funny.

]]> 2cd5f0700a60c61e07e88f09a40fbc84 devo76 replied to the topic Is the world going broke! in the forum General Property https://www.propertyinvesting.com/topic/4401111-is-the-world-going-broke/#post-4631319 Wed, 08 Sep 2010 12:07:00 +0000 Things will work out. Don’t get caught up in hysteria. Time will sort thongs out just protect your own backyard. And if the world collapses. Well we should all be on the same sinking boat anyway.

]]> 4128dc25549299314d92cc5acc903128 devo76 replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/33/#post-4549072 Tue, 24 Aug 2010 05:12:05 +0000 I think very few are suggesting a boom is in the near future. This thread is about a bust after all and even that does not seem certain.My call is a long flat period 1990's style. Total guess by the way.

]]> 3d7af7bd686c45d9a55d2e86d3644e59 devo76 replied to the topic Do you agree or disagree with a 'Big Australia' in the forum Opinionated! https://www.propertyinvesting.com/topic/4400919-do-you-agree-or-disagree-with-a-big-australia/#post-4630092 Fri, 20 Aug 2010 11:28:20 +0000 Can we not have something in the middle. How about a nice steady growth Australia.

]]> 55aca12ef47577d1ac56842a5fd7685a devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/page/2/#post-4628594 Sat, 07 Aug 2010 09:52:07 +0000 100% correct

]]> f4e1777c648e0ec7b8c1b0d96fddea6f devo76 replied to the topic Is now a good time to buy an IP in the forum General Property https://www.propertyinvesting.com/topic/4400689-is-now-a-good-time-to-buy-an-ip/#post-4628829 Thu, 05 Aug 2010 21:43:57 +0000 Now may be a great time. I bought a year or so ago against what the majority of the population was doing. The crunch didnt happen and i ended up with a positive geared property in cbd location that i am now subdividing. End result will be $100,000 equity and a positive geared IP. As is the property has gained over $50,000. So the gloom patch was…[Read more]

]]> f4c58264dace422fe16343fe99c45c23 devo76 replied to the topic Has the rental market slowed in your area? in the forum General Property https://www.propertyinvesting.com/topic/4400777-has-the-rental-market-slowed-in-your-area/#post-4629360 Thu, 05 Aug 2010 21:39:09 +0000 Not as hot as it was 6 months ago but it could be a winter thing.I recently got a bad tennant out and thought it would take days to fill. A month was the end result. Not so much the lack of people but more the lack of quality. Had a few  interested but they pulled out. Each one pulled out because the house they were in was no longer being sold…[Read more]

]]> eaee39523a63894b89e84bb23aca57a0 devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628587 Tue, 27 Jul 2010 11:07:21 +0000 I still don’t believe it. My accountant confirms also. As terryw says the second person is basically gifting.i wish I could find the magazine artical. The only grey area they mentioned was getting something formally written up stating the agreement with your partner although they did say it would probably not be needed as the ato understands and…[Read more]

]]> 27ac84555b4c104b52e3b95c081f22e0 devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628582 Sat, 24 Jul 2010 03:19:27 +0000 Still sounds strange to me. I have always been told the title holder gets all deductions. A partner on the loan is considered to have gifted the money in regards to tax. If this turned out to be wrong there would be many people I would like to have some harsh words with

]]> 36516d91b96534cf3bed735a1d3f194f devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628579 Fri, 23 Jul 2010 07:08:47 +0000 Housegoodies. If you want the neg geared benefites. Purchase the house in your name only. But remember when you sell. The profits will be added to your wage only. Also if it turned positive it will also be added to your yearly income. Consider the long term as well as the short term. But most importantly . Take everything you read here with a…[Read more]

]]> 45e828e1b709ce50f83b1822ee838f29 devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Housegoodies. If you want https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628579 Fri, 23 Jul 2010 07:08:47 +0000 Housegoodies. If you want the neg geared benefites. Purchase the house in your name only. But remember when you sell. The profits will be added to your wage only. Also if it turned positive it will also be added to your yearly income. Consider the long term as well as the short term. But most importantly . Take everything you read here with a…[Read more]

]]> 2b1fdb6cfa75b471bc66cceb730465fd devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628579 Fri, 23 Jul 2010 07:08:47 +0000 Housegoodies. If you want the neg geared benefites. Purchase the house in your name only. But remember when you sell. The profits will be added to your wage only. Also if it turned positive it will also be added to your yearly income. Consider the long term as well as the short term. But most importantly . Take everything you read here with a…[Read more]

]]> f7bb56e0d75974727d4ae79852a6cd17 devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628574 Thu, 22 Jul 2010 21:20:47 +0000 housegoodies wrote:
Hi Guys, I have a silly question. When the loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? My wife doesnt work due to a problem with her back. I just got a new job paying $36000 a year on top of my income of $45000. If I put the investment loan in my name only…[Read more]

]]> 0ff93b19d7087c2b19ae1260a78c3f21 devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum housegoodies wrote:Hi Guys, https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628574 Thu, 22 Jul 2010 21:20:47 +0000 housegoodies wrote:
<font size=”3″>Hi Guys, I have a silly question. When the loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? My wife doesnt work due to a problem with her back. I just got a new job paying $36000 a year on top of my income of $45000. If I put the investment loan in…[Read more]

]]> fc2efbbf33e7e9edba6680ae4474207b devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628574 Thu, 22 Jul 2010 21:20:47 +0000 housegoodies wrote:
Hi Guys, I have a silly question. When the loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? My wife doesnt work due to a problem with her back. I just got a new job paying $36000 a year on top of my income of $45000. If I put the investment loan in my name only…[Read more]

]]> f899d6f03f931f983b8820e56fd1e18b devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628572 Thu, 22 Jul 2010 11:58:41 +0000 Most accountants I speak to are only concerned about the property owner. Not names on the loan. My understanding is the ato look at it this way also.

]]> b45b678e0d3c03f2fafc411fd971df01 devo76 replied to the topic When loan is in my name only but the house is in joint names, does that mean I have all the negative gearing benefit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400650-when-loan-is-in-my-name-only-but-the-house-is-in-joint-names-does-that-mean-i-have-all-the-negative-gearing-benefit/#post-4628570 Thu, 22 Jul 2010 09:09:17 +0000 Other way around. Its who owns the property not who is on the loan. If you want all the neg geareing put the house in your name. The loan can be in yours or both names. It does not matter. Just remember if you sell. The capital gain will be worked out on your wage. not the wifes.

]]> d53cea8a6913d0bd8a40732d2ebdf3ba devo76 replied to the topic Where did you go wrong? in the forum General Property https://www.propertyinvesting.com/topic/4400648-where-did-you-go-wrong/#post-4628536 Thu, 22 Jul 2010 09:04:29 +0000 I have a fewBought first IP because i would like to live there.Listened to bank manager when he said crossing was cool.Didnt jump on my PM hard when my property condition started to slide.Didnt jump on my pm when rent started to slip.Told my IP neigbours of my intentions to sub divide.Underestimated how slow and useless the council could be.

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