PropertyInvesting.com | dl_gleeson | Activity https://www.propertyinvesting.com/members/dl_gleeson/activity/ Activity feed for dl_gleeson. Sun, 12 Apr 2026 13:54:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 31c8caeb82baa1b34b58d929028f6c21 dl_gleeson replied to the topic Another Sensible Alternative in the forum General Property https://www.propertyinvesting.com/topic/4369762-another-sensible-alternative/#post-4442766 Tue, 09 Dec 2003 12:11:01 +0000 sektor
You assume that the RBA raised rates to slow the property market and not the rest of the economy. Please consider the possibility that it wants to do the opposite. I think that if you consider all the facts then this can be seen. As the RBA governor said this week the real estate market was already turning before the rate rise so there was…[Read more]

]]> a0e551101181e9cfcfd2a4a183384d60 dl_gleeson replied to the topic Property beats shares in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369714-property-beats-shares/#post-4442062 Mon, 01 Dec 2003 12:29:50 +0000 I agree with those here that think this article is a bit of rubbish. I have several reasons.
Firstly,as Robert Kiyosaki says, it’s not the product its the plan. Anything can be made to look good or bad depending on what you do with it. I think this is along the same lines as what still_in_school said.
Secondly, to consider which is better in a…[Read more]

]]> 310abfe1fc5fd29a3d107f7b39799cb0 dl_gleeson replied to the topic Is the bubble giong to burst!!!!! in the forum General Property https://www.propertyinvesting.com/topic/4369699-is-the-bubble-giong-to-burst/#post-4441932 Mon, 01 Dec 2003 12:05:35 +0000 I happen to disagree with Bill Moss’s assessment of the market. He says that property crashes occur when the market fundamentals are out of kilter. I would have though that average rental yields of 3% was slightly out of kilter. And if rents are dropping in some areas then vacancy rates are too high in those areas no what matter the numerical…[Read more]

]]> 081011e29c4b03a0fc6e7d4c85736597 dl_gleeson replied to the topic nsw government proposal in the forum General Property https://www.propertyinvesting.com/topic/4369690-nsw-government-proposal/#post-4441868 Sat, 29 Nov 2003 15:33:42 +0000 Hi again
Celivia
I think that what was done in the US was that deductions were capped at a certain amount and the amount was dependant on your personal income. I have a feeling that no deductions are allowed if you earn over $100000. Not sure about that though. PeterM is right though in that rents would increase as they did in the US and even in…[Read more]

]]> b9b20910e14e74a87534c5cd5e364835 dl_gleeson replied to the topic nsw government proposal in the forum General Property https://www.propertyinvesting.com/topic/4369690-nsw-government-proposal/#post-4441863 Sat, 29 Nov 2003 09:28:17 +0000 Hey guys
I think in the proposal you are talking about the gov’t has suggested restricting the superannuation option to just couples in their 20s and 30s and also the amount to just $20000. On top of that it recommends only allowing it for purchases under about $500000. I think that it is quite conscious of the fact that the FHBG didn’t really end…[Read more]

]]> 0bd8e9797011e3dfa0e6d226b5eebf81 dl_gleeson replied to the topic Expat tax Advice in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369601-expat-tax-advice/#post-4441082 Wed, 26 Nov 2003 06:22:09 +0000 Terryw
I am thinking along those lines. Will there be any problems if I then use that income to get a loan in Aus?
Thanks
David

]]> a87e8c618860a614d96dffc36bee8f30 dl_gleeson replied to the topic Expat tax Advice in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369601-expat-tax-advice/#post-4441079 Tue, 25 Nov 2003 19:03:19 +0000 Bill
Yes please pass it on! I have been asking around over here for a ages trying to find someone with a common interest in property and pretty much come up blank so I would really appreciate it if you could pass it on. I have a thousand and one questions and ideas to run by someone over here so getting in contact with someone with experience…[Read more]

]]> 6418067cbd7f6a816ab01ecf0d9d713f dl_gleeson replied to the topic Investment property converted ? in the forum General Property https://www.propertyinvesting.com/topic/4369595-investment-property-converted/#post-4441033 Tue, 25 Nov 2003 18:52:42 +0000 Was wondering what the story was Bill. Saw you have been getting a fair rap in the forum recently so have been following your posts a bit and was starting to wonder whether you were allergic to sleep or something. You seem to post very late at night. I am two hours later here in japan so I can keep up but it did catch my attention a bit. Wasnt…[Read more]

]]> 9885175dccc8468565ce92026d2ad8c9 dl_gleeson replied to the topic Expat tax Advice in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369601-expat-tax-advice/#post-4441076 Tue, 25 Nov 2003 16:51:10 +0000 Sure I can look into it. The mate of mine is overseas at the moment so it may take a while but will see what I can do. Got a feeling that the mortgage broker and possibly the bank were both foreign but not sure of that. Yeah you are right about the mortgage broker and checking up on them. Even if you have to refinance when going home I guess the…[Read more]

]]> 4e285bf9d839d58b072f477199266aa8 dl_gleeson replied to the topic ALL over red ROVER in the forum General Property https://www.propertyinvesting.com/topic/4369589-all-over-red-rover/#post-4440988 Tue, 25 Nov 2003 16:43:58 +0000 Bill
What do you think about non-unit Sydney and Melbourne? I realise that units would be worse but going by yields arent houses etc severely overvalued too? Just from what I read in the RBA report about average yields compared with overseas it would appear that prices are stupidly high. I understand that with the tax treatment in aus yields…[Read more]

]]> c957b747a27962e98016538d6ba3e924 dl_gleeson replied to the topic Expat tax Advice in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369601-expat-tax-advice/#post-4441074 Tue, 25 Nov 2003 16:14:24 +0000 I am sure my scholarship is tax free. Have you had or do you know about the Monbusho schoplarship? Thats the one I am on. As far as other work goes, about half is cash in hand and the rest I am not taxed unless maybe it goes before I see it. This job is only once a week and the pay is a round number so I assume not. It is pretty casual as I dont…[Read more]

]]> ce2aa68ac3667b81df44630cabb6939f dl_gleeson replied to the topic Expat tax Advice in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369601-expat-tax-advice/#post-4441072 Tue, 25 Nov 2003 15:04:35 +0000 Thanks for the reply Bill.
I am a bit reluctant to fully disclose my situation to the accountant until I find out a bit more about where I stand. I have had no experience with him as he is Dad’s. We are planning to go and talk to his financial planner when I go home in a few weeks who has drawn up Dad’s retirement plans before we approach the one…[Read more]

]]> 758339ea4531f1a8debcd2b5608cf866 dl_gleeson replied to the topic Shared Equity Wizard Home Loans in the forum No Subject https://www.propertyinvesting.com/topic/4369591-shared-equity-wizard-home-loans/#post-4441002 Tue, 25 Nov 2003 12:13:16 +0000 Have got a feeling that Sweden has some sort of equity sharing system and perhaps other countries do too. The aim of this system is to make property cheaper but I would have thought that it would made prices higher. Economically supply and demand determine prices and so if you increase demand by paying for half of the house then prices would…[Read more]

]]> e06c0731677c716ba2b22316e7b93ffd dl_gleeson replied to the topic "Brainstorming for Ideas and more"... in the forum General Property https://www.propertyinvesting.com/topic/4369544-brainstorming-for-ideas-and-more/#post-4440673 Sun, 23 Nov 2003 09:24:19 +0000 Hey Bill
Hope this is what you are looking for.
Please note that this is not my own deal but one of a close friend of mine and as a result the numbers are a bit rough.
Here goes
This person already owned a block of classrooms in a built up area close to Sydney but nolonger had a use for them. Considered selling them off and had them valued at…[Read more]

]]> 2442e801d5b0fc9ce4e2c75821baca6f dl_gleeson replied to the topic 6 questions worth pondering in the forum General Property https://www.propertyinvesting.com/topic/4369518-6-questions-worth-pondering/#post-4440453 Fri, 21 Nov 2003 13:36:07 +0000 1) What was the prime motivating event in your life that created a focus on the need to invest?

My mother passed away 5 years ago. I was the oldest of 4 kids at only 15. My father was a typical 7am til 7pm farmer who suddenly became a single parent and anyone who knows anything about farming knows those two things just dont go together. Therefore…[Read more]

]]> 2ba97ed2e11fb382f349ad1542fe9986 dl_gleeson replied to the topic Making mulitple offers in the forum General Property https://www.propertyinvesting.com/topic/4369367-making-mulitple-offers/#post-4439296 Wed, 12 Nov 2003 15:26:15 +0000 Bill
By the way, where abouts are you based? I think I saw somewhere you are in Cowra. Is that right? Just that I am from Wagga and to start with would only be interested in (able to afford) country properties for a while. Havent started yet though as am 20 and study overseas for a while. No probs if you’d prefer not say.
David

]]> c7f25821c6b31e5b699484d7211d6661 dl_gleeson replied to the topic Making mulitple offers in the forum General Property https://www.propertyinvesting.com/topic/4369367-making-mulitple-offers/#post-4439294 Wed, 12 Nov 2003 15:09:03 +0000 Hey all
Bill
Are you saying you think one should only have one offer in at one time? How long do you think is a reasonable time to allow the vendor to accept or decline the offer? Also what do you think are reasonable and unreasonable clauses(outs) to put in an offer?
Many thanks
David

]]> 4f4084ec26199fe2b8e3ad6bdf5803ed dl_gleeson replied to the topic Neil Jenman in the forum Opinionated! https://www.propertyinvesting.com/topic/4369101-neil-jenman-3/#post-4437095 Thu, 06 Nov 2003 08:02:12 +0000 I think Jenman has a positive role to play in the real estate game without taking everything he says. I dont agree with all that he says (eg I think there are both unethical and ethical wraps) but through looking for and throwing light on dodgy individuals and practices within the industry he may be able to force some change regarding these and if…[Read more]

]]> 758585f239b5dc710b855acc96145e88 dl_gleeson replied to the topic Effect of property bust on share market in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369223-effect-of-property-bust-on-share-market/#post-4438018 Wed, 05 Nov 2003 05:55:19 +0000 Crashy,
Must be honest, I dont really agree with your interpretation of the economics of this. I have a few problems with what you said. Please prove me wrong but at the moment I have these problems.
1.Property is the passive side of the investment cycle. That is, people will pile into real estate when shares perform poorly. However, investors do…[Read more]

]]> 1c41e794d775c44dc515ee3be59615f7 dl_gleeson replied to the topic Cash on Cash calculator…. in the forum General Property https://www.propertyinvesting.com/topic/4369048-cash-on-cash-calculator/page/3/#post-4436748 Tue, 04 Nov 2003 15:36:53 +0000 Kevin
Could I please have one.
Cheers
David
dl_gleeson@hotmail.com

]]> e8d0e6c1ff1e72993149c7eac5e057b6 dl_gleeson replied to the topic Wagga Wagga? in the forum General Property https://www.propertyinvesting.com/topic/4369038-wagga-wagga-2/#post-4436675 Tue, 04 Nov 2003 11:59:14 +0000 Two things
Firstly, sorry to anybody who took offense to my other post. I was just trying to make a point but it seems to have missed the mark. My apologies if so. However I do believe there is a very unpleasent element in Wagga that would make me baulk at investing there without really looking at the specific suburb.
Either way I do not believe…[Read more]

]]> 8f99abf3658cf5aeb7acb1980ff4f193 dl_gleeson replied to the topic Wagga Wagga? in the forum General Property https://www.propertyinvesting.com/topic/4369038-wagga-wagga-2/#post-4436659 Mon, 27 Oct 2003 09:21:55 +0000 Kay
Did you read my post before writing yours or after? If after then what do you think of what I said? Was I too harsh and neg or not?
Also TeacherK6, forgot to say that I got those growth figures from the book “Property Investing for Lifestyle” by Tim Hewat

]]> 2816666e208d32e6ece384f3cdc13e05 dl_gleeson replied to the topic Place comments about my spreadsheet here in the forum General Property https://www.propertyinvesting.com/topic/4369026-place-comments-about-my-spreadsheet-here/page/2/#post-4436474 Mon, 27 Oct 2003 09:10:34 +0000 Hey. I would love a copy too.Thanks
dl_gleeson@hotmail.com

]]> cbc153857ca06fa7d44cb7fd5fea49bb dl_gleeson replied to the topic Wagga Wagga? in the forum General Property https://www.propertyinvesting.com/topic/4369038-wagga-wagga-2/#post-4436657 Mon, 27 Oct 2003 09:04:40 +0000 Hey. I am from Lockhart which is about 40 min drive from Wagga. It is our main provincial centre. To be honest I dont believe Wagga is the way to go. Price growth in Wagga from 2000/2001 to 2001/2002 was 28.1percent which was the highest in regional NSW with Queenbeyan second with 19.4 but over the same period it had negative pop growth which is…[Read more]

]]> de507451a46eb40e4a95a975d8f59ade dl_gleeson replied to the topic for Japanscott in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367987-for-japanscott/page/2/#post-4429063 Fri, 26 Sep 2003 20:14:21 +0000 thanks heaps terry.top idea

]]> 984c60a77ce38cd597bad6a663b3f994 dl_gleeson replied to the topic for Japanscott in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367987-for-japanscott/#post-4429058 Tue, 23 Sep 2003 15:08:51 +0000 Your right the building standards are a factor, particularly here where they had the earthquake in 1995. Think they lifted their standards after that, here at least. Will have a look and see if there is any obvious increase in prices for properties built after the quake. Cant see myself getting a loan from my company as I dont have one. I just…[Read more]

]]> 2c77b043dffa15249967dfd14c5eb039 dl_gleeson replied to the topic HECS Debt in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368022-hecs-debt/#post-4429208 Mon, 22 Sep 2003 20:55:27 +0000 Huey, I am also here in Japan but am an undergraduate student who is just working part time. The others are right about it being very easy to get an english job in Japan and the best way being to do it from oz. Try typing Japan in the search on careerone.com or seek.com and you’ll find that three quarters of the jobs there are english teaching and…[Read more]

]]> 835b3bcbfe0df0df8b5b4155b116d72d dl_gleeson replied to the topic for Japanscott in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367987-for-japanscott/#post-4429056 Mon, 22 Sep 2003 20:29:15 +0000 I agree with you that hidden costs would be the worry here, particularly due to the language. I would also want to find some good research material hopefully in english before going anywhere. I also agree that for cash flow rather than capital gains this could potentially be a great situation with such low interest rates and with good cash flow…[Read more]

]]> ad61554f72886fbc4792fbbb65d4ae0a dl_gleeson replied to the topic for Japanscott in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367987-for-japanscott/#post-4429054 Sun, 21 Sep 2003 12:37:06 +0000 Terryw, I must admitt I am a bit surprised by how cheap your place is in Osaka. I am not disputing the price I just didnt realise how much the market has come back since the bubble. What I know about the market is just stats from the bubble and stuff locals have told me about it so it is not really that up to date. And the current prices I have…[Read more]

]]> fbf29fd49ced74acd2127e7d8e14ef1d dl_gleeson replied to the topic for Japanscott in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367987-for-japanscott/#post-4429051 Sat, 20 Sep 2003 08:32:56 +0000 real estate investing in japan is very different from the standard australian concept of investing. This is because the prices are so high. During the real estate bubble which burst in 91 the aggregate value of all the real estate in Japan was worth 50% more than the rest of the world put together.prices have gone down alot since then but i think…[Read more]

]]> a8ffeac11be19a631cfa2446d9478087 dl_gleeson replied to the topic for Japanscott in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367987-for-japanscott/#post-4429049 Fri, 19 Sep 2003 18:32:03 +0000 hey
my japanese is ok i guess but not great. i came over here knowing nothing and just had a one year full on course where we covered heaps of stuff. we did about 1600 kanji in 12 months. now i guess it is reasonable conversational. definitely not business level but can hold my own with most people. my degree is just a standard economics degree.…[Read more]

]]> b6f36ccbc530091f1c4e6a5334e3617f dl_gleeson replied to the topic for Japanscott in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367987-for-japanscott/#post-4429047 Fri, 19 Sep 2003 11:04:33 +0000 i just saw an ad a while ago for finance from japanese banks for investing in real estate in the US, UK, Aus and i think NZ. I didnt take too much notice because i wasnt really interested then.was maybe about the end of last year. dont know if it is just for japanese people or what.have heard from somewhere that u can be a foreigner but must be…[Read more]

]]> 9fe047c890bfc753df147f4118a1b0b0 dl_gleeson replied to the topic for Japanscott in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367987-for-japanscott/#post-4429045 Thu, 18 Sep 2003 20:34:16 +0000 Am from near Wagga Wagga although went to school in Sydney and have come straight from there to Japan. Am at Kobe uni doing economics. I am here on a 5 year program and have done 2.5 of those years. Teaching on the side to save some cash to take home and invest. I am only 20. A bit young but gotta start sometime. First got keen on investing after…[Read more]

]]> 976c873ab027943477e18c7709580c57 dl_gleeson replied to the topic The virtues of Negative Gearing in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366461-the-virtues-of-negative-gearing/#post-4419575 Sun, 20 Jul 2003 05:41:18 +0000 When I said that interest rates would rise I was talking medium term. Lots of real estate commentators seem to think that there will be a change in the stange of monetary policy stance to contractionary in about 2 or 3 years. Have heard 2006 mentioned more than once although that is not much more than a stab in the dark. Entelechy was correct…[Read more]

]]> 368c0cef958e2ff3fc59e5a98c58d3c3 dl_gleeson replied to the topic The virtues of Negative Gearing in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366461-the-virtues-of-negative-gearing/#post-4419569 Sat, 19 Jul 2003 13:53:03 +0000 Thats true I guess. It would affect property both ways. It is just that the whole idea of negative gearing to me seems to be the tax deduction. Take that away and people are just left with a plain expense(as apposed to one they can trick themselves into believing is something else!). But yes getting rid of the deduction would affect pos geared…[Read more]

]]> 5eda8ee457aaa38cba673ae75b264e2b dl_gleeson replied to the topic The virtues of Negative Gearing in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366461-the-virtues-of-negative-gearing/#post-4419566 Sat, 19 Jul 2003 11:42:43 +0000 Just to continue on from what I said earlier, what does everybody think will be the future of negative gearing? I dont mean for investors but rather legally. I believe Australia is one of the few western countries that still allows the interest to be deducted from income for tax purposes(am not certain of this and welcome correction) and I was…[Read more]

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