PropertyInvesting.com | doublek | Activity https://www.propertyinvesting.com/members/doublek/activity/ Activity feed for doublek. Mon, 13 Apr 2026 20:01:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 09048ec0510f1b10fcc4fe8f4b151862 doublek replied to the topic Turning a PPOR into a IP with a twist? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396988-turning-a-ppor-into-a-ip-with-a-twist/#post-4607947 Wed, 19 Aug 2009 12:06:19 +0000 also i have the wealth package with the CBA. naybe this may make a bit of a difference.

]]> 52306cc9900155663bc16ae10495ac41 doublek replied to the topic Turning a PPOR into a IP with a twist? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396988-turning-a-ppor-into-a-ip-with-a-twist/#post-4607946 Wed, 19 Aug 2009 12:02:59 +0000 thanx guys. IO will be coming in a few weeks time.

]]> 53b8709565f9a02e519717029e2233df doublek replied to the topic Turning a PPOR into a IP with a twist? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396988-turning-a-ppor-into-a-ip-with-a-twist/#post-4607942 Tue, 18 Aug 2009 09:48:44 +0000 also i understand that if i do change to an IO loan, I cannot pay more than 10,000 a year off the loan. but if i put the money in the offsett account this will not affect this.I am still thinking of paying more off the home loan untill i get the $100,000 as this way my total owe is less and my unit may even be cashflow + when i go to rent it…[Read more]

]]> dca24fbd2f4f31c6b7b16a8b675caf01 doublek replied to the topic Turning a PPOR into a IP with a twist? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396988-turning-a-ppor-into-a-ip-with-a-twist/#post-4607941 Tue, 18 Aug 2009 09:46:07 +0000 thanx for that 007, although I do not think that I will change lenders at this stage.For the moment I probably will get the CBA offset account and park the money in there and then see what happens.i will probably use my savings still for my transactions anf my loan payments come out of that. The offset account will purely just store this money…[Read more]

]]> 7aa67b52a17d1f179942ba1710678318 doublek replied to the topic Turning a PPOR into a IP with a twist? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396988-turning-a-ppor-into-a-ip-with-a-twist/#post-4607939 Sun, 16 Aug 2009 10:19:30 +0000 i think what you are saying when you say not transactional is that it has a min $500 deposit and withdrawal fee. would this be correct?you cannot really pay bills and other stuff. Am I right?

]]> 83a4ffc217e55dd005672e9ed1d8548a doublek replied to the topic Turning a PPOR into a IP with a twist? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396988-turning-a-ppor-into-a-ip-with-a-twist/#post-4607937 Sun, 16 Aug 2009 06:26:55 +0000 thanx guys.what is wrong with the CBA offsett account?I have basically everything with the CBA. Are you saying change to another loan provider?

]]> ef09917912ac9cc804318e0ce6548c0e doublek replied to the topic dodgy property in nice area in the forum hello there Jane i https://www.propertyinvesting.com/topic/4393209-dodgy-property-in-nice-area/#post-4587458 Fri, 16 May 2008 00:06:04 +0000 hello there Janei understand your thoughts on the lower north shore unit market. i am assuming that you are looking at areas such as lane cove, artarmon, chatswood.these areas have had some considerable growth over the past year. lane cove moved about 15% in 2007 is what i have been lead to believe. you cannot get anything decent in lane cove now…[Read more]

]]> 0ef2da521d2856e2bfbb3fd49d0ad62d doublek replied to the topic Well Im happy :) in the forum Help Needed! https://www.propertyinvesting.com/topic/4392451-well-im-happy/page/2/#post-4583415 Sun, 27 Apr 2008 23:27:58 +0000 shit mate.you would have approx $330,000 now from the $50,000 investment.and in 3 months. WOW.

]]> 998f700e4dfeb5b8beec5e5656b6fbdb doublek replied to the topic is it a bad idea to get a home loan top up to pay credit card debt ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392908-is-it-a-bad-idea-to-get-a-home-loan-top-up-to-pay-credit-card-debt/#post-4585700 Wed, 16 Apr 2008 01:40:07 +0000 yeah Scott I have thought of this as well but decided to stick with what I will do.Foundation, the bank will give me a minimum of $10,000 for the top up but to cover the interest that builds as it is getting processed, they give you a little more.The extra that  I receive after the cards are payed off go back into the mortgage. Does this make sense buddy.

]]> ce7dbf3948fa6adda95203df4757d447 doublek replied to the topic is it a bad idea to get a home loan top up to pay credit card debt ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392908-is-it-a-bad-idea-to-get-a-home-loan-top-up-to-pay-credit-card-debt/#post-4585697 Mon, 14 Apr 2008 21:10:22 +0000 thanx for the comments.i will go for the top up and make sure that i put extra into the home loan after the credit cards are payed off.

]]> 718acb90bb3a114d604ac767f5f5d01c doublek replied to the topic is it a bad idea to get a home loan top up to pay credit card debt ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392908-is-it-a-bad-idea-to-get-a-home-loan-top-up-to-pay-credit-card-debt/#post-4585694 Mon, 14 Apr 2008 06:10:38 +0000 i do not know what you are talking about foundation.the equity is that my ppor has gone up in value and i am accessing a portion of it to pay of the card debt.or were you replying to another thread. sounds odd.

]]> 4ebde84edc38ae38d30f865356f943f7 doublek replied to the topic is it a bad idea to get a home loan top up to pay credit card debt ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392908-is-it-a-bad-idea-to-get-a-home-loan-top-up-to-pay-credit-card-debt/#post-4585692 Mon, 14 Apr 2008 02:57:32 +0000 thanx for the reply. our mission is to pay off one card which has $4500 owing and then cancell that account. this leave us the 2nd credit card which we will pay and then reduce the amount of credit. any extra will go on the mortgage.so you think that this is a good idea then?any other comments.

]]> 8ae9a81026e66b0320d9b0c75d7a79d9 doublek replied to the topic lane cove tunnel. good for lane cove? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386849-lane-cove-tunnel-good-for-lane-cove/#post-4554921 Sat, 23 Sep 2006 08:33:26 +0000 thanx for the reply.

from your point of view it will be a +

i think as far as location goes and also the leafy suburb that it is, if the traffic eases around the area it may well have an effect.

any more points of view……………………experts anyone?

]]> ad2362d7acf56943dbbe3b25767d5202 doublek replied to the topic Trust, company or yourself? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4386702-trust-company-or-yourself/#post-4554163 Thu, 07 Sep 2006 03:01:40 +0000 how difficuilt is it to get a trust?

if you are investing in your 1st IP and plan to invest more in the future is everything you invest in go under the first trust fund you open or do you need more than one eg: 1 trust for each property, or does your whole IP portfolio go into the 1 trust

thanx

]]> 7fa8bb8bea313e73ef29d83afeed311f doublek replied to the topic IP types & returns in the forum General Property https://www.propertyinvesting.com/topic/4386642-ip-types-returns/#post-4553884 Fri, 01 Sep 2006 01:31:00 +0000 good question buddy. i have wondered this myself.

i have a suspicion that they have a high rate of people renting for 6 -12 months and leaving thus leaving the property empty for sometime.

anyone else have any ideas

]]> 66e67d051bf100e5372e88160ed8cd07 doublek 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/5/#post-4548511 Wed, 30 Aug 2006 04:59:41 +0000 IMHO – in my humble opinion

a few more i have picked up

PPOR – principal place of residence

IP – investment property

]]> acbd343c9656d457764f65ab96640ea7 doublek replied to the topic Property bust not here yet ... worse to come in the forum No Subject https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/5/#post-4548507 Fri, 25 Aug 2006 00:24:08 +0000 good advice. can i ask you what you mean by not borrowing over 50% leveraged?

]]> daea846a44d9e429dad2e0da362a63bd doublek 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/4/#post-4548504 Tue, 22 Aug 2006 06:08:36 +0000 thanx for that wealth4life.

good info there.

this is a v.good forum by the way.

keep up the good work.

one more queastion, if we buy another property with the equity say of $40,000 worth, how does this work?

you borrow the equity and the home loan goes up again and if you invest in a IP you are borrowing 40,000 plus what the house is worth…[Read more]

]]> 913b68faeff92ff82873e075ecca1461 doublek 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/4/#post-4548501 Sun, 20 Aug 2006 23:44:54 +0000 also you mentioned young people, we are not that young, I am 33 and my partner is 35 so we started a little late.

we are also planning to have a few kids in the next few years so this will make it harder again.

]]> a1adfe67ab54412b2a749cc605f1a277 doublek replied to the topic Property bust not here yet ... worse to come in the forum No Subject https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/4/#post-4548500 Sun, 20 Aug 2006 23:42:35 +0000 thanx for the reply.

So at the moment the best thing for us to do would be to make as many repayments on the unit and then start looking. good advice.

we are planning on getting married next march.

if when the time comes as you say to use the equity in the unit, do you think that we should sell it and buy, or should we keep it and buy?

what…[Read more]

]]> 92e120cdbfcb831a68bc7bc858a50054 doublek 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/4/#post-4548498 Fri, 18 Aug 2006 23:13:30 +0000 hello All,

very good stuff in this post. this is my first post on this site and i am very new to this property investing caper. in fact i do not have any investment properties but am looking to get good info and ideas and maybe start to invest in the next few years.

my story is that i bought a unit in lane cove,sydney nsw ,in august 2005 for the…[Read more]

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