PropertyInvesting.com | EPI_Den | Activity https://www.propertyinvesting.com/members/epi_den/activity/ Activity feed for EPI_Den. Sun, 12 Apr 2026 01:45:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8e7469472a56a5f68c370fa635856709 EPI_Den replied to the topic SMSF and trust. in the forum Help Needed! https://www.propertyinvesting.com/topic/4405908-smsf-and-trust/#post-4664076 Wed, 22 Feb 2012 19:34:50 +0000 Hi Rocksquad,

I doubt that this can be done, but we’re about to interview a SMSF expert on one of our podcasts. I’ll ask him if he knows anyone and let you know.

Cheers,
Den

]]> 82c80b97cf6f3e6eabf2c5b04b17a09d EPI_Den replied to the topic What IR are you paying? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405885-what-ir-are-you-paying/#post-4663931 Fri, 17 Feb 2012 11:08:08 +0000 Hi Amy,

Make sure the loan you get is right for you as far as other conditions go before worrying about interest rates exclusively. Your bargaining power will depend on your LVR and your lender, amongst other factors.

Right now I have 6.21% with Commonwealth Bank but I have a larger mortgage and an LVR around 60%. It’s also worth noting that…[Read more]

]]> 16d5943b361d635e65b3cfe79bd83810 EPI_Den replied to the topic Living off Equity concept in the forum Help Needed! https://www.propertyinvesting.com/topic/4405786-living-off-equity-concept/#post-4663101 Mon, 06 Feb 2012 10:34:57 +0000 Ultimately this concept involves living off borrowings and hoping that your capital growth will exceed your living expenses (and by a fair bit). A tax implication of this is that your living expenses aren’t tax-deductible so you slowly turn your investment (i.e. tax-deductible) loans into non-tax-deductible loans. Not necessarily a wise move. It’s…[Read more]

]]> aabb29afd87852b5670296f0ac1ba4a4 EPI_Den replied to the topic Is St Marys / Blacktown in Sydney good places to invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405689-is-st-marys-blacktown-in-sydney-good-places-to-invest/#post-4662489 Wed, 01 Feb 2012 11:22:53 +0000 Hey there,

I’ve had a good sniff around this area and I reckon Blacktown is still a pretty good area to look at. Of course you need to do your research and make sure the place you buy is reasonable – there is a wide variety of property in Blacktown.

Add to this the positives that Sydney has the biggest housing shortage of any city in Australia…[Read more]

]]> 9f428e9e70bf071729bf479f372b8aa2 EPI_Den replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/23/#post-4542308 Wed, 11 Jan 2012 03:51:38 +0000 You're right mattsta, regional areas tend to offer a higher percentage of CF+ properties. You do need to be careful, however, that the area you're looking in is a viable community. Some mining towns may be booming now but they lose their "boom" and can become ghost towns in a few years. It's worth checking to see that there are enough other i…[Read more]

]]> 5b7b076da3a27b4a5c39f63267cf0339 EPI_Den replied to the topic Free Property Seminars? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405536-free-property-seminars/#post-4661431 Sat, 07 Jan 2012 05:47:01 +0000 I reckon you can always get some inspiration from these free seminars, but I follow a couple of golden rules.1. I always consider the core purpose of a speaker. If their core business is selling property but they offer free "education" then I find it hard to swallow that the education will be unbiased. After all, it's in their interest to…[Read more]

]]> 77b7a578235d185f5def715dbf8209c8 EPI_Den replied to the topic Property Investment Company's? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405519-property-investment-companys/page/2/#post-4661324 Thu, 05 Jan 2012 22:41:41 +0000 Hi Big AJ,

Welcome to the forum.

I have advice for you:
1. If you want to get educated about property then go to a company or business that specializes in educating you about property.
2. If you want to buy property, then choose the property you want to buy yourself.

There ARE some great companies that will help educate you around property…[Read more]

]]> 2445f69da007c0108d509707e3a85124 EPI_Den replied to the topic comparing stats in mags for 12 month growth in the forum Hey TT, and welcome to the https://www.propertyinvesting.com/topic/4405532-comparing-stats-in-mags-for-12-month-growth/#post-4661412 Thu, 05 Jan 2012 22:34:56 +0000 Hey TT, and welcome to the forum!

Interesting point you bring up there! Have you had a look at where they get their data from? Quite often there is a little delay in the data they publish (so current magazines might have data for September 2011, for example) as the data companies need to make their money somehow! So I’d check how up-to-date the…[Read more]

]]> c73e78fb126340d76bc9d8ca99151fd1 EPI_Den replied to the topic Confused in the forum Help Needed! https://www.propertyinvesting.com/topic/4405448-confused-10/#post-4660686 Thu, 05 Jan 2012 22:31:25 +0000 lilhazel wrote:
Thank you all.

Personally i would buy myself, start small, structure it correctly and go from there — Richard, how do I ensure that I structure it correctly ?

G’day lilhazel!
Welcome to the forum.

You’ve a lot of questions and there’s a lot to learn. Have you done any reading about property investing? There’s lots to find…[Read more]

]]> 4564c870f5bb0b6cd1eb04a61a24944d EPI_Den replied to the topic what to do when move into the investment property? in the forum I'd be checking some https://www.propertyinvesting.com/topic/4405528-what-to-do-when-move-into-the-investment-property/#post-4661369 Thu, 05 Jan 2012 22:19:47 +0000 I’d be checking some tax-related stuff with your accountant.
By purchasing an investment property (in late 2010) you were eligible to claim certain tax deductions that you wouldn’t have been able to claim if the property was your PPOR. Check with your accountant to ensure you’re not liable to pay any of this back!

]]> d27e7f68b0172e4f383c0d607beb7b3c EPI_Den replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/23/#post-4542302 Thu, 05 Jan 2012 22:14:07 +0000 I agree with Derek, you need both cashflow AND capital growth.

Cashflow gets you into the market and keeps you there, but capital growth gets you out of the market in a profitable way. If you, like me, are looking at growing a portfolio and then selling a portion of it to pay off the debt then you need both. The cashflow will help you buy and…[Read more]

]]> a35c77331d9043f1145903b83a94ebdc EPI_Den replied to the topic help needed today desperatly in the forum Help Needed! https://www.propertyinvesting.com/topic/4405500-help-needed-today-desperatly/#post-4661208 Sun, 01 Jan 2012 22:48:39 +0000 Hi Patrick,

I think there are a couple of things you need to sort out:

Who is your solicitor / conveyancer? Get them to look over the paperwork, and do it fast!
How much do you have and how much can you loan? Will this cover the cost property as well as purchasing costs?
How long is the cooling off period? You might be able to use this to your…[Read more]

]]> d178be9b6652869a69d92740fd19ba2f EPI_Den 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/41/#post-4549243 Sun, 01 Jan 2012 22:22:59 +0000 Maybe the market has bottomed out – house prices have risen in November (0.1%) and December (0.3%). There are still relatively strong fundamentals (demand exceeds supply) and the lowering of interest rates will free up some more cash for those who are interested in buying (and for those who already have mortgages). I would expect mild growth for…[Read more]

]]> 1ad80318863d7c2c80fd58004a4bea0d EPI_Den replied to the topic Question about the guy who went from broke to 3mill on API in the forum Help Needed! https://www.propertyinvesting.com/topic/4405373-question-about-the-guy-who-went-from-broke-to-3mill-on-api/#post-4660132 Thu, 08 Dec 2011 11:00:17 +0000 I'm always wary of stories about people who seem to amass huge fortunes in a short space of time. There are a couple of things to keep in mind:1. some of the "bright stars" that are featured in articles like this took incredible risks that happened to pay off. They're not employing conservative strategies and they often buy in unlikely areas that…[Read more]

]]> 6bac784a116cca8a57603e8b5d8b5d9e EPI_Den replied to the topic Negotiate 2 side-by-side properties under same agent in the forum Help Needed! https://www.propertyinvesting.com/topic/4405104-negotiate-2-side-by-side-properties-under-same-agent/#post-4658346 Tue, 08 Nov 2011 23:41:05 +0000 This is a toughie!

First of all, you need to sort out what is going to happen with the laneway between the two properties. You also need to get a good feel for whether development is going to be permitted. There’s no point buying them for development if you can’t develop them! Council planning offices are far more helpful than their reputations…[Read more]

]]> 69e0ca1529613fe0766ce96bd25397d5 EPI_Den replied to the topic How Do You Manage Your Investment Property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405122-how-do-you-manage-your-investment-property/#post-4658451 Tue, 08 Nov 2011 23:27:35 +0000 I use excel spreadsheets as well. There are a few products available but I have always found that the spreadsheets that I create are more useful for me. I ran them by my accountant when I was creating them as well (it’s a good idea to do this, to make sure they include what you need) and he seems very happy with the lay-out.
Excel is easy to use…[Read more]

]]> 31b061e98723820ab2e71e3f942803b3 EPI_Den replied to the topic IP in Belmont VIC in the forum Help Needed! https://www.propertyinvesting.com/topic/4405144-ip-in-belmont-vic/#post-4658608 Tue, 08 Nov 2011 23:24:57 +0000 Hi!
Geelong and surrounds often gets pretty good write-ups, so you could definitely do worse than Belmont. There is a lot of government spending going on there, so it’s worth taking a look.
Do your numbers (my website has a property cashflow calculator for free, if you’re interested) and make sure you do your due diligence too!
Good luck!
Cheers,
Den

]]> 0c17bf26af1b0d139e807fc4bcc978d5 EPI_Den replied to the topic Can we settle before the end of this year? in the forum I think you can settle by https://www.propertyinvesting.com/topic/4405140-can-we-settle-before-the-end-of-this-year/#post-4658578 Tue, 08 Nov 2011 23:22:33 +0000 I think you can settle by the end of the year!
I often make an offer which gives two different prices depending on the settlement dates (I can give you a copy of the offer letter I use if you’d like – simply email me through http://www.everydaypropertyinvesting.com).
Thirty days is not out of the question – in fact I have bought two properties this year…[Read more]

]]> e277d54424685f641958471e03112e7b EPI_Den replied to the topic negotiating this price in the forum Help Needed! https://www.propertyinvesting.com/topic/4405053-negotiating-this-price/#post-4658041 Fri, 28 Oct 2011 10:40:16 +0000 Good stuff JacM, that’s exactly how to do it!

Get chatting with the real estate agent and find out what the vendor wants. I recently bought a place for $270k after being assured the vendor wouldn’t take less than $300k. Sometimes the last person to blink wins.

It’s also worth noting that any written offer must be passed on to the vendor, so if…[Read more]

]]> b150509de1d715de374eacd371fe0da7 EPI_Den replied to the topic Capital Gains in the forum Help Needed! https://www.propertyinvesting.com/topic/4405063-capital-gains-18/#post-4658113 Fri, 28 Oct 2011 10:31:17 +0000 Hi,

Depending on the profit, it may not be much to worry about so you might choose to pay rather than get too excited avoiding it. Otherwise there are other options which ultimately involve reducing your hubby’s income (I’d guess that he’s the person paying the most tax in this deal?). If you own other investment properties one of the options is…[Read more]

]]> 85c6a3af240e5bc1a9b16ebf8e686d84 EPI_Den replied to the topic Real Estate Agent's game in the forum Hey Jins, I was in this https://www.propertyinvesting.com/topic/4405045-real-estate-agents-game/#post-4657977 Wed, 26 Oct 2011 05:40:35 +0000 Hey Jins,

I was in this position once and didn’t make an offer by the deadline. Lo and behold, the property was still on the market a week later. I’m not saying that the real estate agent was pulling a dodgy, but it certainly did smell a bit fishy…

Keep an eye on it and make sure you know exactly what it’s worth. You never never know…

:)
Good…[Read more]

]]> 485cfa645bf8eceaa96eb56c9aa077c9 EPI_Den replied to the topic Solicitor or Conveyancer? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405020-solicitor-or-conveyancer-3/#post-4657820 Wed, 26 Oct 2011 05:37:46 +0000 Generally I’d use a conveyancer, but if you have any special conditions then you might want to get a lawyer involved. I also reckon that you’re better getting a lawyer in NSW as, in my experience, you might want to be a little more careful there (different laws, especially regarding settlement times – you need all your ducks lined up…[Read more]

]]> 9f4cd3b628e7fc6748218d747087cff3 EPI_Den replied to the topic Buy now or later? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405029-buy-now-or-later/#post-4657890 Mon, 24 Oct 2011 23:12:58 +0000 Interesting post!There's some good advice here, such as "it's not timing, it's time in the market". Remember property investing is a long-term thing.The Aussie market is made up of lots of little markets, so look at your little markets. Some of them are unpredictable but at the moment there are a few markets which are very steady and stable. This…[Read more]

]]> 5b3bfd82942a03e66265d6725796959f EPI_Den replied to the topic Want to become my mentor? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405006-want-to-become-my-mentor/#post-4657725 Mon, 24 Oct 2011 23:00:48 +0000 Hi Nathalie,I'm sure lots of people would be happy to be your mentor, at a price! We do free podcasts which might help you get started in property investing. Head over to iTunes (you can search "investing" or "property investing" and look for EPI, or go to our website to have a listen. We release a new podcast every fortnight and there are quite a…[Read more]

]]> eb5b41ba77d4a10aea8a446027e2be73 EPI_Den replied to the topic So what rate interest rate are you getting in the forum Help Needed! https://www.propertyinvesting.com/topic/4402806-so-what-rate-interest-rate-are-you-getting/page/4/#post-4642081 Mon, 24 Oct 2011 22:57:11 +0000 propertyboy wrote:

EPI_Den wrote:
I'm with Commonwealth Bank and I recently negotiated a further decrease on my loan. I'm now on 6.61% which I think is 1.14% below their standard variable rates. I'm happy with this but it's not out of the question to fix part of it if I see a really good deal! :) Den

How did you negotiate this? Do you have…[Read more]

]]> c387cc65388bf9b5acc7b56da170136a EPI_Den replied to the topic New Apartment near Toorak Rd & Chapel Street in the forum Vlauhk wrote: Thanks. The https://www.propertyinvesting.com/topic/4405021-new-apartment-near-toorak-rd-chapel-street/#post-4657826 Sat, 22 Oct 2011 22:55:21 +0000 Vlauhk wrote:
Thanks.The special feature are 1) location convenient (the apartment is located at Daly Street), 2) Nice view (the unit is at 18/F, facing north).  Per sales agent, I can expect AUD600 rental per week.  He claimed the pricing is way below market price and I can expect gain from the property resell in the future?!  May I know the…[Read more]

]]> e7083db91e3acb63ffc296166c9ae05d EPI_Den replied to the topic PPOR to investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/4405009-ppor-to-investment-property/#post-4657751 Sat, 22 Oct 2011 22:46:41 +0000 This is always more complex than you realise, especially if you’re not sure whether you’re going to move back in or not.
First of all, you need to speak with an accountant to find out the tax implications. There WILL be some!
You will most probably need to get your house valued as well, as the value the house holds will become important (for…[Read more]

]]> 2bb7170709f1e757156053ed9e00715c EPI_Den replied to the topic So what rate interest rate are you getting in the forum Help Needed! https://www.propertyinvesting.com/topic/4402806-so-what-rate-interest-rate-are-you-getting/page/4/#post-4642073 Sat, 22 Oct 2011 22:42:22 +0000 I’m with Commonwealth Bank and I recently negotiated a further decrease on my loan. I’m now on 6.61% which I think is 1.14% below their standard variable rates. I’m happy with this but it’s not out of the question to fix part of it if I see a really good deal!

:)
Den

]]> 7370db0bade8aae9555f7cb9efc43cf1 EPI_Den replied to the topic Answers to "Where to Find CF+ Deals" in the forum Tommy1 wrote: Pretax https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/21/#post-4542277 Sat, 22 Oct 2011 22:28:48 +0000 Tommy1 wrote:
Pretax cashflow $2,020p.a. (at 100% finance)
Pretax cashflow $3,415p.a. (at 100% finance)

Can you please advise on how you calculated the pretax cashflow.
Thanks

Hey Tommy,
We have a Cash-flow calculator on our website (it’s free). Feel free to take a look and play around with some numbers. If you need a hand, message me.
Cheers,
Den

]]> 73a6400d4aa6c10db1efb4330d40f91f EPI_Den replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/21/#post-4542276 Sat, 22 Oct 2011 22:26:03 +0000 With no real reduction in demand, and prices softening, there are more and more good buys popping up here and there. I’m starting to write a series of articles on where to have a look,beginning with an article on three areas in Melbourne where I think there are good buys right now. Feel free to go to my website and have a look…[Read more]

]]> b8bec2d6eeb05202039ace9c9386bc26 EPI_Den replied to the topic Confusion City - no real direction in the forum Help Needed! https://www.propertyinvesting.com/topic/4403709-confusion-city-no-real-direction/#post-4648386 Sat, 28 May 2011 11:26:45 +0000 Hi all,I'm particularly impressed at the way emptyvessel has gone about describing the path to becoming a property investor – well done! I was in a similar position, but I wasn't as well organised and planned. Now, after purchasing my 10th investment property last month, I have to say that I wish I'd started planning and goal-setting earlier, and…[Read more]

]]> b743ab82800de240d88bd86995ead743 EPI_Den replied to the topic New To Property Investing, Need Assistance With Potential Positive Gearing in Urban Centre? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403761-new-to-property-investing-need-assistance-with-potential-positive-gearing-in-urban-centre/#post-4648709 Sat, 28 May 2011 11:15:57 +0000 Hi Steven,My advice for a beginner property investor is to avoid this kind of property. A few years ago I fell into the trap of buying something similar (I had 20% deposit and loaned 80%) because the numbers were great as far as cashflow was concerned. Not long after I bought the property the bank changed its lending requirements and would only…[Read more]

]]> 49c3b9c771d7de9f17f6e94316195f68 EPI_Den replied to the topic Can she do anything better? (possible subdivision) ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403742-can-she-do-anything-better-possible-subdivision/#post-4648588 Sat, 28 May 2011 11:04:15 +0000 Have you spoken to your local council? Before you decide anything, go in to the planning department, let them know your dilemma and ask them what your options are. I've never found local councils to be unhelpful (seriously!).Good luck!

]]> 34e6fb93660982eef37f065e163685f2 EPI_Den replied to the topic Asbestos in the forum Help Needed! https://www.propertyinvesting.com/topic/4403765-asbestos-2/#post-4648731 Sat, 28 May 2011 11:00:20 +0000 Why not ask an expert to come and have a quick look? The amount you pay will surely be worth it in peace of mind…<br /:)” title=”>:)” class=”bbcode_smiley” />

]]> 29b5103f53bba2ce59b214a351ef48bf EPI_Den 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/38/#post-4549175 Sat, 28 May 2011 10:52:31 +0000 I tend to agree with ALF1. There seem to have always been reasons why property is about to crash in value, yet this has never really happened across the board in Australia. It certainly hasn't happened after such a considerable period of sideways movement. If you're going to buy a property, the number one consideration is that the property you buy…[Read more]

]]> e24f3abd45238e9cd6a430497f49cc36 EPI_Den replied to the topic first ip help? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402401-first-ip-help/#post-4639386 Wed, 12 Jan 2011 05:56:00 +0000 Hi Investhut,Take Richard's advice on this one. DO NOT re-draw on your current mortgage to pay a deposit on your investment property as this would not be tax-deductable debt. Instead, borrow 100% of the costs of the investment property, the equity in your existing property securing the deposit (there is a chance your re-draw facility will be…[Read more]

]]> c060afb66bb222af227d20cf5faac94c EPI_Den replied to the topic Recent uni graduate needs advice on property!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4402303-recent-uni-graduate-needs-advice-on-property/#post-4638832 Wed, 12 Jan 2011 05:45:21 +0000 Hey JayDee,Here are some opinions for you…1. I think you should be careful when you select suburbs. If it is somewhere you'd like to live, then pick an area you'd like to live in; if it's for investment, choose an area that gives you the investment numbers and prospects you want. I have blurred this distinction in the past (bought a property to…[Read more]

]]> c70da16a65fd40d3b59a15c3e5ff13da EPI_Den replied to the topic becoming first time investors in the forum Help Needed! https://www.propertyinvesting.com/topic/4402442-becoming-first-time-investors/#post-4639569 Wed, 12 Jan 2011 05:01:32 +0000 I agree! Change your loan straight away so that this loan is your investment property loan (this is important for taxation purposes – you don't want to get your investment debt mixed in any way with your personal (non-investment) debt). Also, try to make it an I/O loan as soon as possible as this will increase your cash-flow from the start -…[Read more]

]]> 3fb5bde0d9035cb960ab87b08d7c3ff1 EPI_Den replied to the topic Suggestions Appreciated (Newbie) in the forum Hey Zads, I'm a little https://www.propertyinvesting.com/topic/4402425-suggestions-appreciated-newbie/#post-4639476 Wed, 12 Jan 2011 04:53:57 +0000 Hey Zads,I'm a little concerned that you are completely new to investing, don't know where to start and then decide to look in Tennessee! That might be OK if you're living in Bristol or Memphis or Nashville…but if you're an Australian wanting to invest it seems like there are risks galore for you (if you can loan the money) even though your…[Read more]

]]> ec8d87b7adfb37ba1e1e3e8045e68ac8 EPI_Den replied to the topic Savvy (Tax) Accountant in the forum Help Needed! https://www.propertyinvesting.com/topic/4402311-savvy-tax-accountant-2/#post-4638884 Sat, 01 Jan 2011 06:25:25 +0000 No prob Leo,One other thing you have to be careful with is when you do something purely to reduce your tax – the ATO looks dimly on these things.  (For example, if you capitalise interest, you need to do so in order to pay your PPOR off as quickly as possible – the tax benefit is just a lucky side benefit).Essentially, make sure you have a good…[Read more]

]]> bc91515be1fb1a525c75a557098fc49c EPI_Den replied to the topic Cash flow application in the forum Help Needed! https://www.propertyinvesting.com/topic/4402310-cash-flow-application/#post-4638872 Sat, 01 Jan 2011 03:45:00 +0000 Hey Leo,I tried a few products but ended up just making my own spreadsheet. As Terry says, it was a great opportunity to learn too.I made sure I considered the following:purchase priceinterest rate (and I ensured I inflated it a bit for safety)loan valueexpected rentmanagement feesother costs (water, rates, body corp etc)any costs associated with…[Read more]

]]> ec42ab8ee845bde835ad7c911fd31c0a EPI_Den replied to the topic Savvy (Tax) Accountant in the forum Help Needed! https://www.propertyinvesting.com/topic/4402311-savvy-tax-accountant-2/#post-4638881 Sat, 01 Jan 2011 03:37:17 +0000 Ah, I agree Richard,I should have been clearer – chat to your accountant and then see a broker BUT don't make your final decision until you have spoken to both. You've got to be sure your financial structure can match (and work well with) your business structure otherwise you can end up in a worse position than had you asked nobody for help.Good…[Read more]

]]> 80a11657b3b0c5145f09633f1fac3ebf EPI_Den replied to the topic rpData OR myrpData? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402298-rpdata-or-myrpdata/#post-4638788 Sat, 01 Jan 2011 03:33:47 +0000 Before spending a considerable amount of money on reports, are you looking at the statistics in the back of the two major property magazines? These tables are far cheaper (although often a couple of months old) and can be used to narrow down your target areas considerably. Give these a go first, and you might find that a little legwork can garnish…[Read more]

]]> 1d27b79aaa524ccfc5e87e64bd4d1782 EPI_Den replied to the topic House for under $300,00 - Where would you buy in NSW? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402285-house-for-under-30000-where-would-you-buy-in-nsw/page/2/#post-4638702 Sat, 01 Jan 2011 03:30:03 +0000 Again I agree (and I hope you enjoyed the bubbly!),Just because an area has enjoyed strong capital growth over the past five or ten years does not mean it will continue to do so. Look for growth drivers such as increased infrastructure, a wide variety of employment opportunities, high levels of owner occupancy, close to major centres etc. An area…[Read more]

]]> 88ecf608484a0dec7a11d3fb404652c3 EPI_Den replied to the topic Savvy (Tax) Accountant in the forum Help Needed! https://www.propertyinvesting.com/topic/4402311-savvy-tax-accountant-2/#post-4638879 Sat, 01 Jan 2011 03:21:32 +0000 Hi Leo,I now understand more about what you want to achieve. As far as structuring your loans, I agree with Richard – you are best to speak with a mortgage broker who specialises in property investment. You can approach your broker armed with the information you get from your accountant.When it comes to the entities that should own your properties…[Read more]

]]> a134f0af097e640e8a53ef902efca203 EPI_Den replied to the topic House for under $300,00 - Where would you buy in NSW? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402285-house-for-under-30000-where-would-you-buy-in-nsw/page/2/#post-4638700 Fri, 31 Dec 2010 22:15:26 +0000 Well said, Catalyst!

It might sound great when someone says to you, Ipalad, that an area WILL increase in value by 50% over the next five years but you must admit that that’s just opinion. Do some backtracking of their past numbers and verify their accuracy. I can assure you that these reports aren’t gospel and that nobody has a crystal…[Read more]

]]> 6a98a9f96b646200c07b685ecc8d4b37 EPI_Den replied to the topic Investment Idea - Dumb or Doable? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402308-investment-idea-dumb-or-doable/#post-4638853 Fri, 31 Dec 2010 06:10:15 +0000 Hi Trippsy,Welcome to the world of property investing. It seems you've found some properties with good rental returns and that's great. You might be able to save up, buy one (or two, or eight) and do quite well. The problem is that the properties you're looking at might be in a region which is undergoing a decline, and they won't hold their value.…[Read more]

]]> 8b7718285febbb3a65b7ac2b533d3cca EPI_Den replied to the topic House for under $300,00 - Where would you buy in NSW? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402285-house-for-under-30000-where-would-you-buy-in-nsw/page/2/#post-4638693 Fri, 31 Dec 2010 05:50:06 +0000 I reckon you're better off looking at a place in a not-so-sexy part of Sydney (or Canberra) than going fully country. Evernat, you might need to consider what's most important to you; do you want to feel good about the location of your investment or do you want to have the best possible numbers? If you look only at the numbers then there is a…[Read more]

]]> 0f17c993278463c49570102fd9b1986f EPI_Den replied to the topic Savvy (Tax) Accountant in the forum Help Needed! https://www.propertyinvesting.com/topic/4402311-savvy-tax-accountant-2/#post-4638875 Fri, 31 Dec 2010 05:34:06 +0000 Hi Leo,What advice are you looking for, in particular? You might find that you don't need an accountant just yet – there may be other experts who are cheaper and know a lot about property investing (especially if you are a beginner).I'd be interested to hear what questions you were intending to ask the accountant.Good luck!Den

]]> 91817d46271d8daf89016b29679da379 EPI_Den replied to the topic Landlord Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4402312-landlord-insurance-19/#post-4638889 Fri, 31 Dec 2010 05:31:14 +0000 I agree with Jamie – it's a must! I've had several incidents where I needed insurance, and thankfully I've always been covered.Most major insurance companies offer landlord's insurance and it's worth reading their policies to find out which are best. I would recommend finding a company that not only covers rent that a tenant may have failed to pay…[Read more]

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