PropertyInvesting.com | dnh83 | Activity https://www.propertyinvesting.com/members/dnh83/activity/ Activity feed for dnh83. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 68beab40f022ede35d69452b6c2469ef dnh83 replied to the topic Flooding and the affect on House Prices in the forum General Property https://www.propertyinvesting.com/topic/4402436-flooding-and-the-affect-on-house-prices/#post-4639541 Wed, 12 Jan 2011 11:57:08 +0000 Wow…certainly not what I was expecting to read (or intended) with my post…apologies if it did offend anyone…The main reason behind the post was due to my desire to learn and discuss the situation beyond what was being shown on TV, especially how an economy recovers from such an impact, what it means for the Community in which I liv…[Read more]

]]> 011dbdc3ea52089a26bfdcd741d25fc0 dnh83 replied to the topic RESULTS in 2010 - Who's enrolled ?? in the forum General Property https://www.propertyinvesting.com/topic/4400364-results-in-2010-whos-enrolled/#post-4626961 Thu, 06 Jan 2011 12:31:33 +0000 Hi Fredo…Just doing the numbers on another deal in Brassall…at this stage it's only looking like a return of about 15% so it's not great but it will keep me busy (and it's better than waiting years for that 20%+ deal to come along)…Regarding my first Deal, I sold my battleaxe block, there's a house on it now with tenants living in it…I've…[Read more]

]]> 22c466c9d7d9f9554953d10e0998fee5 dnh83 replied to the topic My renovation challange in the forum Value Adding https://www.propertyinvesting.com/topic/4399909-my-renovation-challange/#post-4624368 Sun, 25 Jul 2010 01:55:41 +0000 Brian – I've used the below site before…it was a year or two back, and from memory the link only stays active for a couple of months…have a read of the info on the site, i'm sure it'll give you some more info…http://www.4shared.com/Cheers,Darren

]]> f81707f9897a93250984708cb5de9c12 dnh83 replied to the topic RESULTS in 2010 - Who's enrolled ?? in the forum General Property https://www.propertyinvesting.com/topic/4400364-results-in-2010-whos-enrolled/#post-4626959 Sat, 26 Jun 2010 13:35:48 +0000 Ipswich is challenging right now – IMO it's still a buyers market but be conservative with your estimated sale price – there's evidence out there of people having to take a fair hit to onsell right now…and while i've heard people spruik it as 'soon to boom', it's still a low socio-economic area (so don't expect the really Big Profits/Growth if…[Read more]

]]> f4ef2eb15178cf94fc497c279fdfce15 dnh83 replied to the topic RESULTS in 2010 - Who's enrolled ?? in the forum General Property https://www.propertyinvesting.com/topic/4400364-results-in-2010-whos-enrolled/#post-4626957 Fri, 25 Jun 2010 23:44:44 +0000 Cheers – Done

]]> 895185ba7ef6cba1c64e808b107a91c6 dnh83 replied to the topic RESULTS in 2010 - Who's enrolled ?? in the forum General Property https://www.propertyinvesting.com/topic/4400364-results-in-2010-whos-enrolled/#post-4626955 Fri, 25 Jun 2010 23:29:43 +0000 Cheers D…No, I'm not in the RESULTS Forum, I assumed i'd be hooked up come July…Just had a look and my user name and password for here doesn't work…Did you hit the guys up to hook you in early ??I might flick them an email…Cheers,Darren

]]> ac0e8705f3e3822919fc9c28c12204ec dnh83 replied to the topic One bedroom Reno Help Required in the forum Help Needed! https://www.propertyinvesting.com/topic/4400334-one-bedroom-reno-help-required/#post-4626824 Fri, 25 Jun 2010 11:26:17 +0000 Hi Redda,I've tried numerous times to get pics loaded into posts – how'd you get it to work ??Please keep the photo's coming…Good Luck with it.Cheers,Darren

]]> 11ba4e4ab5483a615a2b827d0a06d490 dnh83 replied to the topic Advice for Joint Venture - How much % of profit should we all get? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400329-advice-for-joint-venture-how-much-of-profit-should-we-all-get/#post-4626787 Thu, 24 Jun 2010 12:17:40 +0000 Mrs Property,Search the forums for some costing spreadsheets ideas, I haven't done this but i'm sure there will be something floating around.I think that both of the options you've put forward sound great, at the end of the day you want to aim for a win-win for both parties involved.  Also consider a contingency plan, what happens if you only get…[Read more]

]]> a1f86e94acbf96a8b2e213345bbd41db dnh83 replied to the topic Advice for Joint Venture - How much % of profit should we all get? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400329-advice-for-joint-venture-how-much-of-profit-should-we-all-get/#post-4626785 Wed, 23 Jun 2010 07:27:50 +0000 IMHO – as a minimum you should be paying at least a few more percentage points than the banks are offering, anything above 10% return would be suitable for a quick deal in the current market. It also depends on the relationship you have with ur JV partner, the amount of money involved, the risks, etc…case by case basis. Some money partners may…[Read more]

]]> 8da482698117d2d7b23262fad825166e dnh83 replied to the topic Prop Development Feasibility Study in the forum Value Adding https://www.propertyinvesting.com/topic/4400201-prop-development-feasibility-study/#post-4625817 Fri, 11 Jun 2010 11:41:15 +0000 I managed to get my hands on some of Carly Crutchfields DVDs and even she states that the 20% profit margin is calculated on today’s market price. The 20% allows you to take a small hit from a drop in the market and still profit from the deal.

I would be very dubious about relying on equity growth alone, especially given the recent economic…[Read more]

]]> 8e673b74bab28b5e3423267b2397c48e dnh83 replied to the topic My renovation challange in the forum Value Adding https://www.propertyinvesting.com/topic/4399909-my-renovation-challange/#post-4624364 Wed, 09 Jun 2010 21:48:08 +0000 Talk about buying Problems….good luck with the rest of the Reno Brian.

Regarding pics, you can create a free account on a file sharing website, upload the photos, then paste a link to your photos into this forum topic.

Search Google for a ‘Free file sharing’ site. It’s the only way I’ve figured out how to post pics on here for now.

Normally…[Read more]

]]> c05efef8bdfef8da63cff4ba3813c4b7 dnh83 replied to the topic is it illegal to have some small renos done on home without a permit while builder does the rest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400168-is-it-illegal-to-have-some-small-renos-done-on-home-without-a-permit-while-builder-does-the-rest/#post-4625635 Wed, 09 Jun 2010 21:21:59 +0000 Ree – just curious what state you are in ??

Cheers,

Darren

]]> 00482848f6b09ab41ae131fa5a146afd dnh83 replied to the topic 250k club in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398358-250k-club/#post-4614716 Tue, 08 Jun 2010 08:26:43 +0000 Thanks DWolf…Re-Valuation has single handedly ruined my day (thanks Mr. NAB Valuer)…so the feelings' mutual right about now…Good luck with the decision you make…hope it works out for the best.Cheers,Darren

]]> 52cbd93a42ef78b0f96e1cd560e2fe1b dnh83 replied to the topic 250k club in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398358-250k-club/#post-4614714 Sun, 06 Jun 2010 11:18:05 +0000 Hi Paul,There's a banner on the Right side of this website that is titled "Register Your Copy".  You click on that, input your email and you'll get sent the details (email the Admins if you've done this already and still haven't received an email back).Thanks for the Update Steve.And for anyone curious about the follow up of my question at this…[Read more]

]]> 59a82605501883ff84b8cd4b9c0a3144 dnh83 replied to the topic 250k club in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398358-250k-club/#post-4614711 Thu, 27 May 2010 07:31:03 +0000 I’ve been onto the book bonus site and have downloaded the templates that have been provide. You may need to register if you haven’t received this. There are still a few bonuses that haven’t been added, they’d be great to get a hold of….

I was really looking forward to the networking opportunities that were possible with the $250k club. It…[Read more]

]]> 872e3ee4ebe0121cb957bdaf95f37579 dnh83 replied to the topic Sub Division - Ipswich. QLD in the forum Value Adding https://www.propertyinvesting.com/topic/4388613-sub-division-ipswich-qld/#post-4563120 Tue, 25 May 2010 11:49:37 +0000 Hi Sid,Check out if the property has a Mining Overlay to begin with, no point in doing the Geo-Tech if you don't have too…You can do this on PD Online (http://pdonline.ipswich.qld.gov.au/pdonline/masterplan/enquirer/default.aspx?page=search)The info listed above by Amanda is what I was referring to in my reply earlier (to the question you asked…[Read more]

]]> c534c2170ed8789fa4fa250e8f10a5ae dnh83 replied to the topic Stephen Tolle & Cherie Barber workshop in the forum Just found https://www.propertyinvesting.com/topic/4399867-stephen-tolle-cherie-barber-workshop/#post-4624100 Fri, 14 May 2010 08:02:38 +0000 Just found it

http://www.propertysystems.com.au/the-complete-renovation-system.html

I wish I had of had something/anything prior to my first Reno…

]]> 0d1ee5c687dacfe61e7da16eb0982823 dnh83 replied to the topic Stephen Tolle & Cherie Barber workshop in the forum I always think about these https://www.propertyinvesting.com/topic/4399867-stephen-tolle-cherie-barber-workshop/#post-4624099 Fri, 14 May 2010 07:54:39 +0000 I always think about these costs as the ‘cost of education’.

You would pay twice as much for a basic Uni course, all while studying and not earning.

You should never buy something you can’t afford, but if you are certain that you want to get into Renovations, and you like Steve and Cheries style then you have to ask yourself ‘are you ready to…[Read more]

]]> 5ba9dee1f25492c98f66fecf54b59df0 dnh83 replied to the topic Do you pay Advertising Fees when Selling ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399718-do-you-pay-advertising-fees-when-selling/#post-4623221 Thu, 29 Apr 2010 10:27:00 +0000 I can, and yes if it sells that's what will happen…Problem is, if it doesn't sell then I still pay…and if I don't pay, there's a high chance that he's not going to push as hard to turn over the land…there's also less exposure in the market…So given I want it sold, i'll be paying the fees…Just something I never considered…this is my…[Read more]

]]> 012606e708c529c2a788a951da6bc6b0 dnh83 replied to the topic Claiming Tax expenses prior to a business being created... in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399720-claiming-tax-expenses-prior-to-a-business-being-created/#post-4623226 Thu, 29 Apr 2010 09:41:23 +0000 Thanks Terry – just to clarify, eventually the business will be turning over stock within a 12 month period – hence the reason for setting it up this way.Cheers,Darren

]]> f4994f5c8fbb329778f049cf279f21ee dnh83 replied to the topic Do you pay Advertising Fees when Selling ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399718-do-you-pay-advertising-fees-when-selling/#post-4623219 Thu, 29 Apr 2010 06:39:34 +0000 Thanks YI

It’s only goin to be listed for a month, that’s why I’m relucant to pay, but I certainly can see the benefit as yes it will be listed in local rags and on the net.

And $350 is small coin when you consider the sale price.

Just figured it was a cost he agents wore to get your business.

Cheers

Darren

]]> 7ac1939af3b5bed975eff5b508471ed1 dnh83 replied to the topic Battle Axe Block in Sydney in the forum Hi Priya, I feel a little https://www.propertyinvesting.com/topic/4375728-battle-axe-block-in-sydney/#post-4488037 Tue, 09 Mar 2010 10:16:04 +0000 Hi Priya,

I feel a little cautious putting forward my thoughts on this one as I've never actually bought a battle axe block, so please note that my comments below are only my opinion, and I can't provide any real firm supporting facts to the comments I've made.

I have a block of land that I have just sub-divided (battle axe) with the existing…[Read more]

]]> ba453d1be7cc94dcde0b17da76755774 dnh83 replied to the topic Battle Axe Block in Sydney in the forum Value Adding https://www.propertyinvesting.com/topic/4375728-battle-axe-block-in-sydney/#post-4488037 Tue, 09 Mar 2010 10:16:04 +0000 Hi Priya,I feel a little cautious putting forward my thoughts on this one as I've never actually bought a battle axe block, so please note that my comments below are only my opinion, and I can't provide any real firm supporting facts to the comments I've made.I have a block of land that I have just sub-divided (battle axe) with the existing house…[Read more]

]]> 011ff39ce00d1fb5ce259d02a94e1a2b dnh83 replied to the topic Pre primed weatherboards in the forum Value Adding https://www.propertyinvesting.com/topic/4399020-pre-primed-weatherboards/#post-4618698 Tue, 09 Mar 2010 09:34:04 +0000 Glad I came across this post…I've got a similar situation, supposedly 'primed' weatherboards in place awaiting painting (luckly this hasn't been done yet)…painting quotes are starting next week…But in addition to this, I also have the 'Pink' pre-primed balustrading on my verandah awaiting paint.  Does this also need to be sanded prior to…[Read more]

]]> d22da4c702947d64db70213b552d0192 dnh83 replied to the topic Choosing an Accountant in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4398501-choosing-an-accountant/#post-4615559 Wed, 03 Feb 2010 11:36:42 +0000 Hi All,I'm in a similar boat, and I don't fancy wasting too much time or money searching for the right accountant.Based on this, can anyone throw a few suggestions out there regarding the types of questions to ask an accountant when you meet for the first time – with the intent being to determine if they 'fit the bill' for my situation…Eg:- How…[Read more]

]]> 5a0b91ee3b56681b93a0bb1972494ebc dnh83 replied to the topic Finding a 'QUALITY' Builder (SEQ) in the forum Thanks for the info https://www.propertyinvesting.com/topic/4398584-finding-a-quality-builder-seq/#post-4616069 Tue, 02 Feb 2010 11:25:11 +0000 Thanks for the info all…I'll certainly hit up GJ Gardner…I automatically assumed they'd only build their own designs…upon reflection that's probably a pretty naive assumption…Cheers,Darren

]]> 427742bac03ae242dec69f189ed07573 dnh83 replied to the topic 250k club in the forum Hi Nick, Last contact I had https://www.propertyinvesting.com/topic/4398358-250k-club/#post-4614709 Tue, 19 Jan 2010 13:08:02 +0000 Hi Nick,Last contact I had was Homework Assignment #2 last year…I dare say there's been some well earn't holidays over the festive season which may be why we haven't heard anything…I'm looking forward to it kicking off again this year, especially the networking group that was discussed for all on the program…will be good to hear about how…[Read more]

]]> ebf4b236ebde1fdb29ff8adf879a143d dnh83 replied to the topic Subdividing on the Gold Coast in the forum Value Adding https://www.propertyinvesting.com/topic/4398433-subdividing-on-the-gold-coast/#post-4615095 Tue, 19 Jan 2010 12:30:05 +0000 Hi Brad,I've just started a similar project myself and have to say that if you approach the City Council the right way they are normally more than happy to provide you with the information you need.  Every Council is slightly different, best to talk direct with them.There will normally be a planning/development section within the council, try and…[Read more]

]]> 5eb670b0de20f4089b253241f312aac3 dnh83 replied to the topic Paying with Cash or getting an Invoice in the forum Finance https://www.propertyinvesting.com/topic/4398374-paying-with-cash-or-getting-an-invoice/#post-4614755 Fri, 15 Jan 2010 10:56:22 +0000 So this is perfectly legal ??What are the requirements, just a Diary entry and the businesses ABN ??Where would I stand if I was investigated – or worse, if the provider completely denied doing the work altogether ??

]]> 340d54283d64845a7b8ae2c1b39e3632 dnh83 replied to the topic Paying with Cash or getting an Invoice in the forum Thanks Terry... I'll be https://www.propertyinvesting.com/topic/4398374-paying-with-cash-or-getting-an-invoice/#post-4614753 Fri, 15 Jan 2010 10:47:08 +0000 Thanks Terry…I'll be honest, it still seems like it's a little grey to me, mainly because the nasty 'Fraud' word pops into my mind…Claiming GST when GST was never paid sets off alarm bells…Is there something i'm missing here ??

]]> a2ffebe344f1e13cee9598f49d254b41 dnh83 replied to the topic Paying with Cash or getting an Invoice in the forum Can you claim Cash Payments https://www.propertyinvesting.com/topic/4398374-paying-with-cash-or-getting-an-invoice/#post-4614751 Thu, 14 Jan 2010 23:15:52 +0000 Can you claim Cash Payments ????I've always been under the impression that you can't, and if you do, you jeopardise the business you received the service from ??I've still got alot to learn about Tax and Benefits, but are you able to elaborate any more on this ??Thanks Terry.Cheers,Darren

]]> 73d2140d4a18e2105b3ebd3acae342cb dnh83 replied to the topic Property Development and Sub-Division Software in the forum Help Needed! https://www.propertyinvesting.com/topic/4398278-property-development-and-sub-division-software/#post-4614168 Fri, 08 Jan 2010 23:20:24 +0000 >> design

]]> 1a7aaf515784c2f9246e0ccb1fd222b4 dnh83 replied to the topic Property Development and Sub-Division Software in the forum Help Needed! https://www.propertyinvesting.com/topic/4398278-property-development-and-sub-division-software/#post-4614167 Fri, 08 Jan 2010 23:19:49 +0000 Thanks Adam – I'll download it and give it a go.Anyone else using specific desing software ??

]]> b28be9a4f6399f46df4cac720d46dca4 dnh83 replied to the topic New Loan Contract Signed - Are these legitimate concerns ?? in the forum Hmmm...So how do you prove https://www.propertyinvesting.com/topic/4398150-new-loan-contract-signed-are-these-legitimate-concerns/#post-4613366 Fri, 25 Dec 2009 08:47:33 +0000 Hmmm…So how do you prove to the bank you have done the sum's without showing them the figures ??Yeah Richard, that's all been calculated…this is the first of many more to come…and I suppose I was expecting a little more from the bank than I actually got…I learn quickly from my mistakes, I would normally have a mentor with me but…[Read more]

]]> 58d72827a049b0f17852f87d6c0ecfe5 dnh83 replied to the topic New Loan Contract Signed - Are these legitimate concerns ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398150-new-loan-contract-signed-are-these-legitimate-concerns/#post-4613363 Thu, 24 Dec 2009 23:47:40 +0000 Thanks Terry…The Bank know's about my entire plan, and they have known about it from day one (Purchase House needing Reno, Sub-Divide, Build, Sell)…They've got all of the figures that prove I can cover the costs (selling, holding, etc including profits and ROI's for 3 different options)…I've even given them all of the project time frames and…[Read more]

]]> 1bd3c4a3f403bf963d73b813fa686d97 dnh83 replied to the topic Company Tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4398121-company-tax/#post-4613211 Thu, 24 Dec 2009 09:37:45 +0000 Thanks Dan,I know there's still alot of the finer details to work out, I'll be lining up an Accountant in the new year (based on some of the recommendations from this site).I'm based in Brisbane, and a few have been mentioned in previous posts…if anyone's reading this and know's of another Accountant that specialises in Trusts and Property…[Read more]

]]> 0d3887399f530c53a96876f92b94f638 dnh83 replied to the topic Company Tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4398121-company-tax/#post-4613209 Wed, 23 Dec 2009 12:11:29 +0000 Thanks Terry – I've been told that having a few of these structures once the portfolio builds size is a good option…There's so many more questions that I have relating to Trusts, Companies, Trustees, etc…I think I'll do a little more reading first as this might answer some of the common questions I have…Thanks for your input -…[Read more]

]]> e5d500d2a6c1542703175e97cc01d902 dnh83 replied to the topic Company Tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4398121-company-tax/#post-4613207 Wed, 23 Dec 2009 07:03:03 +0000 Thanks Terry,Paragraph 4 where you’re talking about the $2 Company has thrown a small spanner in the works, I think this is where I’ve hit my current limitation of understanding regarding Companies, Trusts & Trustees.Here’s why…My original Proposed Company/Trust Structure was going to be like this:(I’ve attached a Picture to help explain – [Read more]

]]> 98e5fb35ac1083e382da8301325ed094 dnh83 replied to the topic Company Tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4398121-company-tax/#post-4613205 Tue, 22 Dec 2009 07:36:36 +0000 Hi Terry,Can you elaborate on Discretionary Trusts ??In the new year I'll be setting up a Company and a Trust to work side by side – my advice so far has been to set it up as a Family Trust.  What is the difference between the 2 ??Cheers,Darren

]]> c46bdad3592ea4722b6e04ba9eb84181 dnh83 replied to the topic Setting Up Offset Accounts in the forum Thanks All... Being new to https://www.propertyinvesting.com/topic/4398117-setting-up-offset-accounts/#post-4613180 Mon, 21 Dec 2009 11:36:37 +0000 Thanks All…Being new to the PI game I've never really considered using anyone other than the big banks to get finance (just figured they'd be the best to help)…Looks like I need to expand my horizon's a little…so based on this, here's a few Q's to help me learn a little more:1 – What are some of the Pros / Cons of using smaller lenders ??2…[Read more]

]]> 9c91241915e56ee60fcc61d4f4ee81a6 dnh83 replied to the topic Setting Up Offset Accounts in the forum Help Needed! https://www.propertyinvesting.com/topic/4398117-setting-up-offset-accounts/#post-4613177 Sun, 20 Dec 2009 11:33:15 +0000 Thanks   ;)

]]> b174b002bcfac00bec262d9b2fedd9b8 dnh83 replied to the topic Happy with your bank? in the forum Commercial Property https://www.propertyinvesting.com/topic/4398057-happy-with-your-bank/#post-4612836 Thu, 17 Dec 2009 22:08:08 +0000 YI,I'm with NAB Business Banking, have been since March this year.I'm overall happy with the bank.  They've allowed me to slip in under the family and create a new personal account, and have allowed me to joing NAB Health Business Banking without being in the industry.  Big plus from my point of view, even if it cost's me $400 a year.I've found t…[Read more]

]]> ceca8af40fbeac6ea92d5371944631c9 dnh83 replied to the topic INTEREST ONLY OR P&i in the forum Finance https://www.propertyinvesting.com/topic/4398076-interest-only-or-pi/page/2/#post-4612931 Thu, 17 Dec 2009 02:52:50 +0000 Good to know – Thanks Richard

]]> 450012f02c26d01d730d74456c4c1275 dnh83 replied to the topic INTEREST ONLY OR P&i in the forum Finance https://www.propertyinvesting.com/topic/4398076-interest-only-or-pi/page/2/#post-4612929 Wed, 16 Dec 2009 22:52:31 +0000 Thanks YI,Yes, I'm on the Choice Package through NAB Health Business Banking…The Loan has only been in place since the the end of March this year…do you know if this will go against me, or am I covered under the Choice Package if I change from PI& to IO ??

]]> 4f0ccd2e68da11ebbb38a08409d2b03b dnh83 replied to the topic INTEREST ONLY OR P&i in the forum Finance https://www.propertyinvesting.com/topic/4398076-interest-only-or-pi/#post-4612923 Tue, 15 Dec 2009 11:32:42 +0000 Thanks  ;)

]]> ebdadd186b481a0c87f133e3a3c384ff dnh83 replied to the topic INTEREST ONLY OR P&i in the forum Finance https://www.propertyinvesting.com/topic/4398076-interest-only-or-pi/#post-4612921 Tue, 15 Dec 2009 11:05:04 +0000 Terry – I'm borrowing another $50k from the bank next week (ontop of my current $200k loan): $35k for the remaining sub-division work$15k to fix up the external of my existing home (Paint, Repairs and Front Verandah).  This will help with street appeal come time to sell back block/house.I spoke with my Bank Managers Associate today to discussed ch…[Read more]

]]> 57aa92921a8ee4f565632a5636baf8a3 dnh83 replied to the topic Onselling in the forum Thanks Terry... I'll check https://www.propertyinvesting.com/topic/4398008-onselling-2/page/2/#post-4612545 Mon, 14 Dec 2009 23:08:08 +0000 Thanks Terry…I'll check these books out and see what I can find.  I also found out this morning that the mentors I'm learning from have used Options in the past for some quick cash…I'll hit them up as well for some more info…As with most things legal, best to do the research first and hit the books !!Thanks for your comments…  ;)Cheers,Darren…

]]> 38d98d2bf449d3914bbd7f919b1359db dnh83 replied to the topic INTEREST ONLY OR P&i in the forum Finance https://www.propertyinvesting.com/topic/4398076-interest-only-or-pi/#post-4612918 Mon, 14 Dec 2009 12:22:59 +0000 Thanks Terry – I'm meeting with the Bank this week, will see what they say…

]]> f934998f698e19a9451897da9296b268 dnh83 replied to the topic Onselling in the forum Creative Investing https://www.propertyinvesting.com/topic/4398008-onselling-2/#post-4612543 Mon, 14 Dec 2009 12:19:28 +0000 True…I suppose to mitigate this risk, I'd make sure it was an Option that guaranteed I'd buy at the end of the period identified in the contract…I'd see the need to buy happen if there were delays in the reno, or if the sale doesn't come through as quick as intented (both highly possible given the potentially short timeframes of the o…[Read more]

]]> de5e15824eeb4e1629b50011df08e0fb dnh83 replied to the topic INTEREST ONLY OR P&i in the forum Finance https://www.propertyinvesting.com/topic/4398076-interest-only-or-pi/#post-4612916 Mon, 14 Dec 2009 12:03:20 +0000 I dont know enough about the Tax Benefits/Implications/Deductions associated with Property Investing to fully understand all of the intricacies that go with the information above, however, in theory it does make sense and I can follow where you're going with it – I do need a good Accountant tho !!Given I'm just starting out, I see cash in the ba…[Read more]

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