PropertyInvesting.com | domcc1 | Activity https://www.propertyinvesting.com/members/domcc1/activity/ Activity feed for domcc1. Mon, 13 Apr 2026 09:37:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 90a01850860ef0665e9c49d9df0eadd9 domcc1 replied to the topic Bonus $5k FHOG about to expire... in the forum General Property https://www.propertyinvesting.com/topic/4378475-bonus-5k-fhog-about-to-expire/#post-4505048 Tue, 08 Feb 2005 04:34:29 +0000 Thanks for you comments. I’m at a stage where I’ve done well with 2 x IP’s purchased 2001 and 2003, and now have the equity to go another one or two.

I’m currently torn between ‘it’s time in the market, not timing’ and how badly the figures do stack up right now. I’m sure that over a 10-15 year period another property should perform well…[Read more]

]]> a328b5cdcef72ed19f2a781ee5877335 domcc1 replied to the topic Bonus $5k FHOG about to expire... in the forum General Property https://www.propertyinvesting.com/topic/4378475-bonus-5k-fhog-about-to-expire/#post-4505046 Mon, 07 Feb 2005 05:59:23 +0000 AusProp -> I’m reffering to Victoria. It’s a bonus from the State Government, making it a total of $12k. Given a leveraging ability of 95%, 12k can make a big difference to the amount someone can borrow (ignoring DSR).

Originally posted by foundation:
Why would rents go up? Presumably these first time buyers are already renting, so their…[Read more]

]]> 3656122741cbf099890e2ed3ce036d38 domcc1 replied to the topic Buying a display home on rent back in the forum Help Needed! https://www.propertyinvesting.com/topic/4378485-buying-a-display-home-on-rent-back/#post-4505112 Mon, 07 Feb 2005 04:39:45 +0000 I’ve investigated these and it’s been my experience that this high yield is built into the purchase price and definatley not worth it.

The ones I looked at had high 8-9% yields for a year or two, but you were paying about $50k above what you should have for the place itself.

Some of these deals might be OK, but the ones I saw weren’t. I…[Read more]

]]> bc331ce865af24e1a193d2607f8276ba domcc1 replied to the topic Frankston hunt - property types in the forum Value Adding https://www.propertyinvesting.com/topic/4378449-frankston-hunt-property-types/#post-4504831 Thu, 03 Feb 2005 09:58:54 +0000 Thanks for your comments. I do realise it’s up to me. I still need to decide exactly what will suit my current situation best and will now leave you all in peace as I do this [blush2]. I guess I just wanted to spark a bit of discussion regarding this selection.

Thank you Rick for bringing me back to the ‘key principle’. I had been getting to…[Read more]

]]> 73724d9ee53703aeec683adbe3aed897 domcc1 replied to the topic wealthbuilders in the forum Heads Up! https://www.propertyinvesting.com/topic/4378429-wealthbuilders/#post-4504712 Thu, 03 Feb 2005 09:41:33 +0000 It was John’s book (7 Steps) that first got me into property (4.5 years ago). From what I learned from his book and his book alone (5 years ago there wasn’t the wide variety of books we have today) I took the plunge and have since done pretty well.

I feel it’s a great overall book, and his concepts are still very valid today. It’s also very…[Read more]

]]> 39359209cfa0838ab8fd3c9b9e593813 domcc1 replied to the topic Unmotivated Partner in the forum Help Needed! https://www.propertyinvesting.com/topic/4377906-unmotivated-partner/page/2/#post-4501569 Fri, 28 Jan 2005 13:14:45 +0000 Put me down as another one who shares a similar problem. Mine is slightly different though, as I’m 26 and she is my girlfriend (i.e. we are not married).

I’ve done quite well, have 2 IP’s (2001 & 2002) and just about to acquire some more, and would like to see a little bit of the world with the money I have made. My girlfriend hasn’t got $500…[Read more]

]]> b8f0901aacc22486f986a29a477e783e domcc1 replied to the topic Investing In Frankston in the forum Value Adding https://www.propertyinvesting.com/topic/4378098-investing-in-frankston/#post-4502759 Thu, 27 Jan 2005 01:18:28 +0000 In relation to the above comments about Frankston North: I unsure if this suburb will experience the same ‘high level’ of change as inner suburbs (such as Richmond and the like) have over the next 5-10 years. This low socio-economic group has already been ‘pushed out’ to the edges of Greater Melbourne. Where else are they going to go…[Read more]

]]> 6304b7946c101f00086931ce4a9a1614 domcc1 replied to the topic Building / Pest Inspection - 'no responsibility' in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378304-building-pest-inspection-no-responsibility/#post-4504124 Thu, 27 Jan 2005 00:37:54 +0000 No one has, this is more of a hypothetical question. I’ve been lead to believe that this does happen and have seen people talk about this in some forum posts.

I was just wondering if it would be a case of just going to another inspection group (if not all of them do this), if there is some other way to negate this or if this is just ‘how it is’.

]]> d378cf9b7078b0c3dfe5592a8096d9fc domcc1 replied to the topic Hans Jakobi's RTP Formula in the forum Help Needed! https://www.propertyinvesting.com/topic/4376419-hans-jakobis-rtp-formula/#post-4492558 Tue, 25 Jan 2005 02:46:49 +0000 From what I can tell this formula simply looks for properties that have a rental yield of around 10%.

No need for a ‘secret formula’, just year 7 maths.

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