PropertyInvesting.com | Dr.Spock | Activity https://www.propertyinvesting.com/members/dr-spock/activity/ Activity feed for Dr.Spock. Sat, 18 Apr 2026 06:08:20 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 877e8621d7edf0a44c63ad452424d5a6 Dr.Spock replied to the topic Reno starting point in the forum Help Needed! https://www.propertyinvesting.com/topic/4402655-reno-starting-point/#post-4640946 Mon, 14 Feb 2011 23:25:48 +0000 Hi Sonia,

Thanks for your reply.

I am planning a quick reno and flip, with no major structural needs. But need to leave open the fact that it is a flat market at the moment so I may have to rent out for a while until the market picks up.

regards

]]> 25e66993e98c419c874235e89f1af581 Dr.Spock replied to the topic Reno starting point in the forum Help Needed! https://www.propertyinvesting.com/topic/4402655-reno-starting-point/#post-4640944 Sun, 06 Feb 2011 00:59:36 +0000 Thanks Duckster

regards

]]> 09af19e94d679bbe690e9e61454dffce Dr.Spock replied to the topic Reno starting point in the forum Hi Jacqui, Thanks for the https://www.propertyinvesting.com/topic/4402655-reno-starting-point/#post-4640943 Sun, 06 Feb 2011 00:58:49 +0000 Hi Jacqui,

Thanks for the order. It will help alot

regards

]]> 94a3c0f5759dab2f1b48a0d4283ab0bc Dr.Spock replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Hi Mike Thanks for the https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/15/#post-4602784 Thu, 03 Feb 2011 22:35:28 +0000 Hi Mike

Thanks for the report. Wealth of information

regards

]]> 97f8fa892f12a05acf41c8df4aa8bccd Dr.Spock replied to the topic Reno starting point in the forum Help Needed! https://www.propertyinvesting.com/topic/4402655-reno-starting-point/#post-4640940 Thu, 03 Feb 2011 22:30:28 +0000 Thanks Catalyst,

At least I know were to start now.

regards

]]> 3d707556127d03099fd488239ec16255 Dr.Spock replied to the topic Reno starting point in the forum Help Needed! https://www.propertyinvesting.com/topic/4402655-reno-starting-point/#post-4640938 Wed, 02 Feb 2011 23:52:05 +0000 Hi Jamie M

thanks for your reply, at least it gives me an idea.

regards

]]> 48044fa388b1c072a07892923c184a0d Dr.Spock replied to the topic locating information on population size of victorian towns in the forum Help Needed! https://www.propertyinvesting.com/topic/4398916-locating-information-on-population-size-of-victorian-towns/#post-4617952 Sat, 27 Mar 2010 09:45:44 +0000 Hi everyone,

Can people tell me how important they believe the percentage of renters in an area looking to purchase is important when doing due diligence. eg if you were going to reno and sell does it matter so much the amount of people that are going to rent compared to if you were going to reno and hold?

thanks

]]> 923f30e95aea1b5894e6a52903414727 Dr.Spock replied to the topic Debt reduction v Deposit saving. in the forum Help Needed! https://www.propertyinvesting.com/topic/4398521-debt-reduction-v-deposit-saving/#post-4615739 Sun, 31 Jan 2010 04:27:22 +0000 Hi Todd,

I was in a similar situation as your-self a few years ago, and now I am debt free, and we are saving now for a deposit for our first investment property. Below is my situation I have copied and past for you. I did it the other way around and started with the biggest loan first, I didn’t care about the interest rate side of things, but…[Read more]

]]> b986341a8a7804b0cd84735db8e081eb Dr.Spock replied to the topic bad debt in the forum Help Needed! https://www.propertyinvesting.com/topic/4397324-bad-debt-2/#post-4609372 Wed, 23 Sep 2009 20:06:31 +0000 thanks for your comments everyone

regards

]]> c9d00ace503593406258374de3e13c55 Dr.Spock replied to the topic debt in the forum Help Needed! https://www.propertyinvesting.com/topic/4397104-debt/#post-4608511 Thu, 27 Aug 2009 12:28:35 +0000 j900 wrote:
Congrats! Congrats! Congrats! This must not have been easy!

No it hasn’t been easy, but we have stuck to it and if I can do it anyone can.

One more debt than try and get into property,

Is there anyone out there that has had bad debt like myself but got finance once they have cleared there debt????

take care

]]> 2b98ddc1c90d2f5abf62b71cbb96d5ec Dr.Spock replied to the topic sub letting in the forum Help Needed! https://www.propertyinvesting.com/topic/4396584-sub-letting-2/#post-4605801 Mon, 29 Jun 2009 10:26:04 +0000 Hi Obie, thanks for your comments,

I will look into the residential act in Victoria, What I am trying to achieve is like the university’s with there student accommodation. Ideally I would

like it if the university’s where I am thinking to sub-letting, would say to the student (we are full however Dr.Spock we can highly

recommended). Through…[Read more]

]]> 83125ac7aa0f258d4927b946d481c7b5 Dr.Spock replied to the topic sub letting in the forum Help Needed! https://www.propertyinvesting.com/topic/4396584-sub-letting-2/#post-4605798 Mon, 29 Jun 2009 06:36:01 +0000 Terryw

yes I know its a risk but I can either sit here and do nothing or get of my ??? and start doing something to try and get ahead in life.

What did the people you know do? did they rent out there house to students? how did they find it? did it work ok?

regards

]]> f61c83ca6220b3b65fbf1b348b7b9282 Dr.Spock replied to the topic sub letting in the forum Help Needed! https://www.propertyinvesting.com/topic/4396584-sub-letting-2/#post-4605797 Mon, 29 Jun 2009 06:33:31 +0000 god_of_money

Did you sub-let to get other students to help pay for your rent or did you own a property and let it out?

]]> 21add8b936649214960e3dce1def7385 Dr.Spock replied to the topic sub letting in the forum Help Needed! https://www.propertyinvesting.com/topic/4396584-sub-letting-2/#post-4605796 Mon, 29 Jun 2009 06:29:39 +0000 Hi thanks for your comments,

Yes I realize a big risk if they do damage, however every sub-tenant will be putting a bond (4 weeks rent ) before they even go into the property.

Here is my plan:

Each sub- tenant will be putting 4 weeks rent as a bond ( which will be returned to them after vacating if no damage has occurred)

Each subby will be…[Read more]

]]> 4309fafe9c6b5203fe638f36f1bc3e29 Dr.Spock replied to the topic sub letting in the forum Help Needed! https://www.propertyinvesting.com/topic/4396584-sub-letting-2/#post-4605792 Sun, 28 Jun 2009 14:20:37 +0000 Thanks Scott No Mates

Do you mean they put there name in the area that says reference or description?

]]> 81fc40e46853fc86f049b86cac2febc3 Dr.Spock replied to the topic sub letting in the forum Help Needed! https://www.propertyinvesting.com/topic/4396584-sub-letting-2/#post-4605790 Sun, 28 Jun 2009 10:51:07 +0000 Come on

someone must have advise??

]]> 9ae57145291ec301356c3ea56c97a778 Dr.Spock replied to the topic Are people still investing in such hard times in the forum Help Needed! https://www.propertyinvesting.com/topic/4394429-are-people-still-investing-in-such-hard-times/#post-4594088 Sat, 18 Oct 2008 23:13:25 +0000 Me and Hubby,Just paying off debt at the moment,Would love to invest right now however we know we would not get finance.I do get so frustrated because I can see some very good investments on the market now.But I suppose our day will come, there will always be opportunity in any market (RIGHT)regards

]]> bd5743acf54a0369421519abdc38520b Dr.Spock replied to the topic My first reno in the forum Value Adding https://www.propertyinvesting.com/topic/4394446-my-first-reno/#post-4594173 Mon, 13 Oct 2008 21:57:58 +0000 Good Luck MelanieKeep us posted, and well done for not following the herd and doing something differentregards

]]> 42d33fe280ae6dc458a80d3beb84377c Dr.Spock replied to the topic finance in the forum Help Needed! https://www.propertyinvesting.com/topic/4394271-finance-27/#post-4593095 Sun, 21 Sep 2008 21:12:58 +0000 Hi All,Duckster I read the mezz finance information that you suggested, but don't you have to be a company, with a very good business plan to obtain this kind of finance, or am I missing something? It would have to be a very good investment to be able to repay the debt my understanding is it is upto 30% repayments.Can someone explain how mezz…[Read more]

]]> 5bdf61062cba024fbb25463e3b3c0d16 Dr.Spock replied to the topic finance in the forum Help Needed! https://www.propertyinvesting.com/topic/4394271-finance-27/#post-4593094 Sat, 20 Sep 2008 13:28:25 +0000 thanks for your comments,

]]> c97f167a2fedf9704cc4a2701b03e927 Dr.Spock replied to the topic Fear in the forum Help Needed! https://www.propertyinvesting.com/topic/4394240-fear/#post-4592931 Wed, 17 Sep 2008 02:15:11 +0000 Thanks everyone for your reply's,duckstar- what did you mean when you said this: You probably only need the guarantor to guarantee the required deposit for the loan rather than the whole house.  e.g.  does my brother only use his house for the deposit?? not sure if he has enough money in the house?My plan is to buy, reno, hold – once again is it a…[Read more]

]]> 7d3c653a8cfd6d239a747937af52d443 Dr.Spock replied to the topic bad debt in the forum Finance https://www.propertyinvesting.com/topic/4390207-bad-debt/#post-4570732 Sun, 23 Dec 2007 21:03:05 +0000 Hi everyone,He is an update on my finances,4,500.00 personal loan (family) – gone20,000.00 CBA (personal loan) – January this year (2007)- 12,000.00 still owing NOW – 3,400.00 owing (cant wait till its gone)6,000.00 GE (personal loan) – paying min amount – next on the list to start paying off5,800.00 GO mastercard – paying min amount – last on the…[Read more]

]]> dc87e0f94e7a8b982b6831c017666693 Dr.Spock replied to the topic How to locate the owner of a property and make an offer? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391609-how-to-locate-the-owner-of-a-property-and-make-an-offer/#post-4578308 Fri, 07 Dec 2007 11:45:50 +0000 why don't you just go to council and ask for the owners details, as you need to get in touch with them

]]> 0e6e15423ef6fab3e5e301d3512858c2 Dr.Spock replied to the topic Feeling Down in the forum Help Needed! https://www.propertyinvesting.com/topic/4391349-feeling-down/#post-4576811 Mon, 05 Nov 2007 11:46:00 +0000 Hi everyone,Thanks for the reply;sI got a bad credit rating because the business needed money, got a credit card, and instead of paying of the credit card, when I started University I paid down a personal loan I had.  Get this January 2007 amount owing 12,000.00 now November 2007 3,500.00 and I have also paid off a family loan of 4,500.00 and we…[Read more]

]]> 2c30952aa79289e9d94479ea77fcebaa Dr.Spock replied to the topic Help Please in the forum Heads Up! https://www.propertyinvesting.com/topic/4391206-help-please-16/#post-4576154 Fri, 02 Nov 2007 00:35:20 +0000 I live in Melbourne and have been to information/ meetings held by Wendy Moore from Affluencia.com.au, there held once a month usually the first Tuesday of every month, its well worth going, It usually costs $50.00 to attend on the night, best of luckregards

]]> 69880d5eef93b7b46c39cf07a054a9f2 Dr.Spock replied to the topic bad debt in the forum Finance https://www.propertyinvesting.com/topic/4390207-bad-debt/#post-4570729 Wed, 18 Jul 2007 02:14:41 +0000 Thanks for your reply mortgage hunter,So let me see if I get this right, I pay the min amount on all my bills, the any money left over goes into the smallest debt until it is paid off, then so on and so on. What about general bills eg gas, sec, water, phone. I was thinking of putting them on direct debit each fortnight so I wouldn't have to worry…[Read more]

]]> a02034648292a53cf2a015441997ff62 Dr.Spock replied to the topic bad debt in the forum Finance https://www.propertyinvesting.com/topic/4390207-bad-debt/#post-4570727 Tue, 17 Jul 2007 22:29:28 +0000 Hi AllIs there no one out there, that can give advise on this matter.regards

]]> cf3b018be93c15001159eba9329ce3d7 Dr.Spock replied to the topic need advise in the forum Help Needed! https://www.propertyinvesting.com/topic/4389866-need-advise/#post-4569094 Sun, 10 Jun 2007 12:39:43 +0000 well its me again,the house sold for 201,000.00 and i must say that buy just putting in one offer it has tought  me a lot, thank you for your replies i think now looking at it i was feeling frustrated and wanted something to happen, deep down i know that i am not ready, and now looking at it, i would off been out of my depth, but im going to look…[Read more]

]]> 652ef9dd31052c3b9c6c0991f223b5ab Dr.Spock replied to the topic need advise in the forum Help Needed! https://www.propertyinvesting.com/topic/4389866-need-advise/#post-4569091 Sat, 09 Jun 2007 03:25:45 +0000 Well I had a look at the property, and I put an offer in 195,250.00 subject to finance of choice. You know everyone talks about the fear factor I would have to say that it was the most scary thing I have done, but exciting at the same time. If the offer is not excepted so be it. It was a good experienceregards

]]> 52c48cf56b8370fa44f5b730ef8d29ed Dr.Spock replied to the topic Has anyone came back after losing everything in the forum Help Needed! https://www.propertyinvesting.com/topic/4387914-has-anyone-came-back-after-losing-everything/#post-4559879 Mon, 08 Jan 2007 12:16:51 +0000 Come on there has to be someone??

Dr.Spock
“you never never know if you never give it a go”

]]> 4dffe94b29f8186184f7f0dcbc708d24 Dr.Spock replied to the topic The 33:30 challenge in the forum Help Needed! https://www.propertyinvesting.com/topic/4387780-the-3330-challenge/#post-4559172 Fri, 29 Dec 2006 11:07:18 +0000 Thanks for all the encouragement,

We will keep you informed every 10 days[cap]

P.Stickels

]]> 48ad5324bd166fd8d8bc0d8d34286d2a Dr.Spock replied to the topic New 11 second rule? in the forum Finance https://www.propertyinvesting.com/topic/4387080-new-11-second-rule/#post-4555976 Thu, 02 Nov 2006 09:44:19 +0000 Hi carpenter, steve suggests that in his masterclass home study pack, that you go to all the agents in the area that you are interested in buying the house, get a list of all the propertys that are for sale and then ask how much the propertys would rent for.
Divide your rent on each property’s price to find out the rental yield for that…[Read more]

]]> 2676204787d4269d6ce551b13c7a82a3 Dr.Spock replied to the topic help needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4387171-help-needed-29/#post-4556376 Wed, 25 Oct 2006 11:20:56 +0000 Thanks for your replies everyone,
I like the idea of ringing agents in the surrounding area, next on my list, There are 5 property managers in the town, Do you mean ask locals about the PM in the area??? With the vacancy rate in the area, some property’s have a two year lease.

regards

Trish[biggrin]

P.Stickels

]]> bd72923c2a3507cde70a792d2338837a Dr.Spock replied to the topic help needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4387171-help-needed-29/#post-4556371 Tue, 24 Oct 2006 10:18:15 +0000 Thank you for replying,

I have done some more due diligence and yes it is a regional town population 20000,

yes there is a mining town close by, however the council have just agreed to another 25yrs of operation, no the town is not dying from drought at the moment,

I have contacted more agents and rents in the area for a 4 bedroom rent from…[Read more]

]]> 8c32e663397d877408d04e97c0514314 Dr.Spock replied to the topic An article on attitude to debt. in the forum General Property https://www.propertyinvesting.com/topic/4384777-an-article-on-attitude-to-debt/#post-4543885 Wed, 22 Mar 2006 02:19:18 +0000 Hi simon

great post, thanks

[specool]

P.Stickels

]]> 1497ea7eb18ff2e917116c3f4655226c Dr.Spock replied to the topic advise needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4382920-advise-needed-4/#post-4533983 Fri, 28 Oct 2005 00:17:27 +0000 Hi Mal,

Thanks for advise

regards Trish
[blush2]

P.Stickels

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