PropertyInvesting.com | Dolamoot | Activity https://www.propertyinvesting.com/members/dorrace/activity/ Activity feed for Dolamoot. Fri, 17 Apr 2026 09:21:21 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e941c99ee0ba073fe96ea6385d713a73 Dolamoot replied to the topic Purchasing office, I need help? in the forum Commercial Property https://www.propertyinvesting.com/topic/5025009-purchasing-office-i-need-help/#post-5025055 Mon, 25 Apr 2016 01:09:33 +0000 Well those things are uncertain for me right now I have to get my solicitor to overlook the finer details but I want to put it through a company but may have to purchase personally for the time being it will use about 2/3 of my money right now but I’m confident I can build it back up by mid next year and I’ll still be left with enough to put a…[Read more]

]]> 9df9a791b0a5605aaf065726f08819a5 Dolamoot started the topic Purchasing office, I need help? in the forum Commercial Property https://www.propertyinvesting.com/topic/5025009-purchasing-office-i-need-help/ Sun, 24 Apr 2016 05:23:15 +0000 I have a nice office on the table its selling for 250,000 and net 7.2% yield I am a little suspicious and overly cautious because it seems too good a deal

The current owners are occupying they are a publicly listed company in Australia I have checked them
Out they are legitimate and they want to lease it back off me once I purchase paying all…[Read more]

]]> f92814e8141fa109abfd831ac1972fe0 Dolamoot replied to the topic Next step in property purchasing in the forum General Property https://www.propertyinvesting.com/topic/5023458-next-step-in-property-purchasing/#post-5025008 Sun, 24 Apr 2016 05:12:58 +0000 I just might have to find a buyers agent I’ll look around the forum and make a post I’m from Sydney , running my own business is time consuming and I don’t have as much time as I would like to view properties

]]> 6204138ca9f50a0ca7edd2f38d8fa84b Dolamoot replied to the topic Need help!! before i lose my money in the forum Help Needed! https://www.propertyinvesting.com/topic/5023662-need-help-before-i-lose-my-money/#post-5023781 Wed, 13 Apr 2016 13:45:01 +0000 To be honest I wouldn’t bother with a project like that for a first buy, it probably is already overpriced I mean depending on what type of units you plan to build single storey or 2-3 storey it can cost a lot of money and if you end up borrowing most of the money from a lender you will be under a lot of pressure to sell when it’s completed just…[Read more]

]]> fed36e184397e272030b73c57be0e8ef Dolamoot replied to the topic Next step in property purchasing in the forum General Property https://www.propertyinvesting.com/topic/5023458-next-step-in-property-purchasing/#post-5023780 Wed, 13 Apr 2016 13:27:18 +0000 Thanks for the input and i have decided to hold out of that area for atleast a year, I will probably pick up one or two long lease commercial properties in that time closer to home even if they are close to neutral gearing. Might offer the tenants a vendor finance deal after a couple of months.

]]> b8878295f79d7a812f7101649b4d9213 Dolamoot started the topic Next step in property purchasing in the forum General Property https://www.propertyinvesting.com/topic/5023458-next-step-in-property-purchasing/ Sun, 03 Apr 2016 05:33:02 +0000 I just bought a small house on the northern nsw coast for $115,000 and its renting for a nice $240 a week my mortgage repayments are under $115.
My borrowing capacity is around 400-450,000 but this purchase hasn’t adversely affected my borrowing capacity my broker worked out each purchase like this one will lower it by $15,000 at worst due to…[Read more]

]]> 75655748988e8734b0835e62e6549a66 Dolamoot replied to the topic Young/novice investors group buy in the forum Creative Investing https://www.propertyinvesting.com/topic/5020256-youngnovice-investors-group-buy/#post-5020260 Sun, 14 Feb 2016 04:15:03 +0000 I simply don’t earn enough but I appreciate your feedback I understand and agree which is why you definitely need to have it structured well with a solicitor have everything on title and contract but if you had a handful of people staked in with a common agenda like a real estate trust fund but private, small scale and more personal but in that…[Read more]

]]> d874f9ab62e4fecbd90fbb12abe71155 Dolamoot started the topic Young/novice investors group buy in the forum Creative Investing https://www.propertyinvesting.com/topic/5020256-youngnovice-investors-group-buy/ Sun, 14 Feb 2016 02:49:15 +0000 I’ve had an idea for a while to start a company with a small group of like minded investors people who are at a similiar stage in property investing as I am with less then 2 properties and a lack of buying power.
Ideally the mission would be to go into a property purchase together co-purchasing or having shares in a company owning the property…[Read more]

]]> 4f7c7bac5a8ba0d5bbabe62e0dec5eac Dolamoot replied to the topic Negotiation dilemmas in the forum Help Needed! https://www.propertyinvesting.com/topic/5020067-negotiation-dilemmas/#post-5020077 Tue, 09 Feb 2016 10:17:15 +0000 Should I just tell him I don’t believe there’s another buyer and that I’ll take it at 109k? Just don’t want to give in too easy. You have to wine and dine me before you f&$@ me

I’m about to
Message him back with

“I had another talk with my advisor this afternoon, we’ve agreed to go $108,000 but I’ll have you know I’ll need to find the extra…[Read more]

]]> 83983e0022a7d8d1cdda43df9ef238b5 Dolamoot replied to the topic Negotiation dilemmas in the forum Help Needed! https://www.propertyinvesting.com/topic/5020067-negotiation-dilemmas/#post-5020075 Tue, 09 Feb 2016 10:09:41 +0000 It’s rather an undesirable area to most investors it’s a majority housing commission area but I met the tenants when I went to inspect and the fact they have a flourishing vegetable garden means to me they are responsible and care for the house I’ve never seen a bad tenant with a well maintained garden or vegetable patch and it’s a sign they are…[Read more]

]]> 55f1be475d0a2ad7b0c28db7af3f58d9 Dolamoot started the topic Negotiation dilemmas in the forum Help Needed! https://www.propertyinvesting.com/topic/5020067-negotiation-dilemmas/ Tue, 09 Feb 2016 07:22:12 +0000 So I recently drove 5 hours fr Sydney to look at a property on the north coast it’s listed as $109k but when I went to the inspection the agent told me it had been listed for 12 months my property value subscription tells me it’s been on the market for nearly 2 years at the same price property prices have gone up since neighbouring houses in…[Read more]

]]> 283ef160a1630dab84f587411a8ff2b7 Dolamoot replied to the topic Creating borrowing power in the forum Finance https://www.propertyinvesting.com/topic/5019938-creating-borrowing-power/#post-5019978 Mon, 08 Feb 2016 11:47:35 +0000 Could you elaborate on non coded ? What exactly do you mean by that and would a conventional bank offer it I’m pretty chummy with my loan manager it’s an old friend of the family so I’d imagine they would tell me more options if they were available to me

]]> 6b777484483f9cd6aa5b24893b0dd017 Dolamoot replied to the topic Creating borrowing power in the forum Finance https://www.propertyinvesting.com/topic/5019938-creating-borrowing-power/#post-5019977 Mon, 08 Feb 2016 11:45:38 +0000 Ah I’m in the dilemma of negotiating right now I put my offer of $105,000 on Sunday around 2pm ,this morning I get a call of a counter offer of undisclosed value it’s listed for 109,000 but I call bullshit and they are trying to milk me I got back a few hours later increasing the offer to 107,000 and I’ll give 2 days for the agent to call I mean…[Read more]

]]> a67ac8aada4ba2b0cfa469cd6f1e2d6b Dolamoot replied to the topic Creating borrowing power in the forum Finance https://www.propertyinvesting.com/topic/5019938-creating-borrowing-power/#post-5019939 Sun, 07 Feb 2016 13:40:26 +0000 Also just pointing out I rather purchase in Kempsey for now , a quick look and you will find that the land values given by government are so low you literally have to own 30 blocks of land before you reach the land tax threshold (almost $4million worth of property on the current market)that’s a no brainer for me .

Also I’m tending more towards…[Read more]

]]> 0efb9b9d5eabc2a1caed4636de4112ca Dolamoot replied to the topic Creating borrowing power in the forum Finance https://www.propertyinvesting.com/topic/5019938-creating-borrowing-power/#post-5019939 Sun, 07 Feb 2016 13:40:26 +0000 Also just pointing out I rather purchase in Kempsey for now , a quick look and you will find that the land values given by government are so low you literally have to own 30 blocks of land before you reach the land tax threshold (almost $4million worth of property on the current market)that’s a no brainer for me .

]]> d199fa63077c9705c5e893c8b58be190 Dolamoot started the topic Creating borrowing power in the forum Finance https://www.propertyinvesting.com/topic/5019938-creating-borrowing-power/ Sun, 07 Feb 2016 13:36:43 +0000 Hi guys
So long story short last year
My business only turned over $30,000 this year I’m expecting atleast double that but I want to buy a second investment property before the financial year ends, I have $110,000 in my offset its a joint purchase that another family member put the deposit on which was $150,000 and the repayments were up to me…[Read more]

]]> 66c2ac09dfe953284ce0cba99b25195c Dolamoot replied to the topic Is there anything I can do cosmetically, quickly to obtain a higher rent? in the forum Value Adding https://www.propertyinvesting.com/topic/5014664-is-there-anything-i-can-do-cosmetically-quickly-to-obtain-a-higher-rent/#post-5019937 Sun, 07 Feb 2016 13:14:22 +0000 What about a fresh modern driveway? I’m a concretor by trade so I could get away with just my own time and the costs of materials it could cost $4,000 for a 50m2 driveway which is an average size , if they are stuck with an old strip driveway or none do you think it will do more for rent or house value

]]> 7c16cbef7768eaba79700f6a2fe6c200 Dolamoot replied to the topic South Kempsey and By pass in the forum Help Needed! https://www.propertyinvesting.com/topic/4403283-south-kempsey-and-by-pass/#post-5019935 Sun, 07 Feb 2016 12:55:30 +0000 Oh lord I’m looking at the dates on these, if only it was still the case nothing under 400 in at marys or anywhere around there unless it’s close to housing commission. Right now kempsey looks promising I’m buying something there this week.

]]> c43e12c379bd6f77a471db770df2e34c Dolamoot became a registered member https://www.propertyinvesting.com/activity/p/335851/ Sun, 07 Feb 2016 12:51:36 +0000