PropertyInvesting.com | Draytone | Activity https://www.propertyinvesting.com/members/draytone/activity/ Activity feed for Draytone. Wed, 15 Apr 2026 06:39:51 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 1dc0109962b6c0d4df8e0c42fdde8333 Draytone replied to the topic How do you manage your properties? in the forum Help Needed! https://www.propertyinvesting.com/topic/5003925-how-do-you-manage-your-properties-2/#post-5003929 Wed, 18 Mar 2015 20:49:30 +0000 I source my own tenants however I have an agent in the middle to collect the rent, pay the utilities that need paying and be that first port of call for any emergencies. The agent is fine with this arrangement and it saves me the “listing fee” which is typically a weeks rent I believe.

Also the fact that I live overseas, makes it difficult to…[Read more]

]]> 07a5f2236452466293a7390fea919e64 Draytone replied to the topic Would you cash out and re-purchase, or hold tight and wait? in the forum Help Needed! https://www.propertyinvesting.com/topic/5003729-would-you-cash-out-and-re-purchase-or-hold-tight-and-wait/#post-5003891 Tue, 17 Mar 2015 18:23:07 +0000 Hi Mark,
Thanks for taking the time to respond. As someone who is very green with all this, I’d love to pick your brain a little regarding your response.

What would you consider a “high risk high return” scenario? Example, the idea of me using 20% from the equity in my Sydney property for a deposit on a perhaps “not as great capital growth, but…[Read more]

]]> 43c45dcfd25d00f97f30d79dee812cfc Draytone replied to the topic Buying properties in America in the forum Overseas Deals https://www.propertyinvesting.com/topic/5000355-buying-properties-in-america/#post-5003889 Tue, 17 Mar 2015 16:37:36 +0000 I’m an Aussie now living in the USA, and have come up against these things. Here’s my two cents –

CitiBank appears to have good international banking, but you need to be in each respective country to setup the account. IE, I setup my CitiBank account here in the USA, then wanted to set one up in Australia and kept hitting brick walls, told I need…[Read more]

]]> 704ac7a8ede447bcc48e2d46533c34a9 Draytone replied to the topic Would you cash out and re-purchase, or hold tight and wait? in the forum Help Needed! https://www.propertyinvesting.com/topic/5003729-would-you-cash-out-and-re-purchase-or-hold-tight-and-wait/#post-5003739 Mon, 16 Mar 2015 22:45:28 +0000 Hey Benny,
That definitely is another angle worth visiting. I like the idea of starting small fries here in the USA and building some capital. Also, things are structured a little different and mortgage offset is not really a thing here from what I have seen (I could be wrong). In reality, I could free up USD $20k plus some extra to purchase a…[Read more]

]]> eac446105dbb0f72f5811eee9abb88de Draytone started the topic Would you cash out and re-purchase, or hold tight and wait? in the forum Help Needed! https://www.propertyinvesting.com/topic/5003729-would-you-cash-out-and-re-purchase-or-hold-tight-and-wait/ Mon, 16 Mar 2015 18:09:54 +0000 Hi All,
I’ve recently moved from Sydney to the USA and very interested in property investing as a wealth vehicle. In a nutshell,
I have a property in Sydney that was my PPOR residence that was valued at $530k by the agent (wouldn’t be too far off) that I’m currently renting out to great long term tenants for $450 a week, with a balance of $315k,…[Read more]

]]> 0f122a435e52bdbb20c0e130a8694f4b Draytone replied to the topic Starting Out..PPOR becoming IP#1 in the forum Help Needed! https://www.propertyinvesting.com/topic/4410618-starting-out-ppor-becoming-ip1/#post-4698915 Tue, 04 Feb 2014 21:35:29 +0000 Hi all,
 I've managed to get some things in place and switch my loan on this property over to interest only, and very comfortable with the fact that after the I/O payments, the associated holding costs and insurances etc, I'll still be $$$+++.

 A question that I am curious about how it is approached by others, is that whilever it is cashflow…[Read more]

]]> 147b3a0ac1c9331974932481b7fcb12e Draytone replied to the topic Lowest risk way to start US property investing? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4410644-lowest-risk-way-to-start-us-property-investing/#post-4699084 Sun, 02 Feb 2014 21:07:10 +0000 Hi Adrian,
 I am interested to know some of your references that you used for research. I am relocating to the USA later this year and see it as an opportunity to be able to research as much as possible before I get there with the potential of looking at investing when I am there.

-Rob

]]> e4d977736b32b651a1e55bb2c258b818 Draytone replied to the topic Starting Out..PPOR becoming IP#1 in the forum Help Needed! https://www.propertyinvesting.com/topic/4410618-starting-out-ppor-becoming-ip1/#post-4698914 Thu, 30 Jan 2014 21:54:34 +0000 Hi Waydo!

We are in Kings Park, just between Kings Langley and Quakers Hill :)…

]]> 5f176aece64cb4feebe90d96d1c099ad Draytone replied to the topic Starting Out..PPOR becoming IP#1 in the forum Help Needed! https://www.propertyinvesting.com/topic/4410618-starting-out-ppor-becoming-ip1/#post-4698911 Thu, 30 Jan 2014 02:07:02 +0000 Thank you Jamie! :)

]]> 7158dc347747f8f8bfef669fd7992b85 Draytone replied to the topic Starting Out..PPOR becoming IP#1 in the forum Help Needed! https://www.propertyinvesting.com/topic/4410618-starting-out-ppor-becoming-ip1/#post-4698909 Wed, 29 Jan 2014 23:43:55 +0000 Hi Benny,
 This may be an ignorant question and better directed to an accountant, but I was under the impression that even if I do rent the property out for more than 6 years, pushing me out of the CGT exemption category, that a CGT event won't happen until if and when I sell the property? 

Regards, -Rob

]]> 537f990675f55f0463860527714021b9 Draytone replied to the topic Starting Out..PPOR becoming IP#1 in the forum Help Needed! https://www.propertyinvesting.com/topic/4410618-starting-out-ppor-becoming-ip1/#post-4698907 Wed, 29 Jan 2014 22:27:28 +0000 Hi guys… Thanks for your feedback so far.

We are specifically enlisting a local real estate agent in the area and having them handle everything as per a "traditional arrangement", with the only difference that we are finding the tenant and sending them their way. We are going to have our tenant deal with the agent in every such way they would…[Read more]

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