PropertyInvesting.com | equityking | Activity https://www.propertyinvesting.com/members/equityking/activity/ Activity feed for equityking. Sun, 12 Apr 2026 11:26:07 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 64127c0d127005a2e1b655f2669d233d equityking replied to the topic SMH Article on Wrapper in the forum Creative Investing https://www.propertyinvesting.com/topic/4377574-smh-article-on-wrapper/#post-4499277 Fri, 24 Dec 2004 04:12:17 +0000 So if I buy a home with a mortgage, lose my job and my wife gets sick, the bank will be understanding and not worry about it?

People who eneter into a wrap deal understand the contract and agree to it. If they don’t breach it there is no problems. How is this so different to getting a mortgage through a bank?

I’m sure if the “approved” agencies…[Read more]

]]> d6306f747dbb16cc2023a96f86377675 equityking replied to the topic Deposit Bond Dilemma in the forum Help Needed! https://www.propertyinvesting.com/topic/4377467-deposit-bond-dilemma/#post-4498502 Tue, 21 Dec 2004 05:33:11 +0000 I’d be extremely unhappy with my solicitor

]]> 149bb6a63933f7d56df92fe6f07c2f4a equityking replied to the topic wraps cashflow in the forum Creative Investing https://www.propertyinvesting.com/topic/4377049-wraps-cashflow/#post-4495932 Thu, 18 Nov 2004 03:37:08 +0000 In my Opinion it needs to be at least a 2.2% split

]]> 27d76251bbf7044e7a833f1dc843a280 equityking replied to the topic Investing with Options in the forum No Subject https://www.propertyinvesting.com/topic/4376579-investing-with-options/#post-4493518 Thu, 21 Oct 2004 23:55:57 +0000 Richard,

In my experience options are normally 5% of the purchase price. How did you secure the price on an $800,000 property for a measly $1000?

How long was the option valid for?

Cheers,

Jordan

]]> e7dcfc84dd00fd2f9398f987267a80d0 equityking replied to the topic Buy or Rent? (Brisbane area) in the forum Help Needed! https://www.propertyinvesting.com/topic/4376588-buy-or-rent-brisbane-area/#post-4493573 Thu, 21 Oct 2004 23:51:57 +0000 Do you have a deposit now ready to go?

You will need to live somewhere and save it if you don’t. You’ll need at least 12% of the purchase price in cash to buy one of those small studio apartments you are referring to.

]]> b87d7152f9d82cca999accf7085273fc equityking replied to the topic How do you? in the forum No Subject https://www.propertyinvesting.com/topic/4376568-how-do-you/#post-4493477 Wed, 20 Oct 2004 03:40:33 +0000 EG:
Purchase $240000 rent $280 per week %?

Determine yearly rental return
280 x 52 = 14,560

then divide the return by the purchase price
14,560 / 240,000 = 0.06

Times this by 100
6.06% return P.A

]]> 8be70ff798b585877ea3b423f247090b equityking replied to the topic Whats Better in the forum General Property https://www.propertyinvesting.com/topic/4376502-whats-better/#post-4493070 Fri, 15 Oct 2004 06:19:50 +0000 If your looking for long time capital growth – BUILDINGS DEPRECIATE, LAND APPRECIATES.

]]> 8f1a7ba27e8ed7606cfb928677fc2743 equityking replied to the topic Excuses for inactivity in the forum General Property https://www.propertyinvesting.com/topic/4376449-excuses-for-inactivity/#post-4492690 Tue, 12 Oct 2004 04:01:15 +0000 There was a lot of talk that if the election went the way it did, it would create a little surge and confidence in the market. We’ve noticed a slight increase in enquiry since at our office (real estate agency) but not enough to put it down to the election results I think.

]]> d7b27186540abec185d55b1cc530ed53 equityking replied to the topic Can I claim anything in this case? in the forum No Subject https://www.propertyinvesting.com/topic/4376435-can-i-claim-anything-in-this-case/#post-4492623 Sun, 10 Oct 2004 22:52:27 +0000 I would say you couldn’t. However, I believe technically if the property is advertised for rent but is empty you can claim. Just be careful, if you are doing major improvements it might be deemed ‘un lettable’ for that time.

]]> 54269c9e16e7ad29cca952a37c1a4cff equityking replied to the topic Real Estate Agencies in the forum Help Needed! https://www.propertyinvesting.com/topic/4376405-real-estate-agencies/#post-4492482 Sat, 09 Oct 2004 02:22:37 +0000 Easiest way would be yellowpages.com.au or click on the ‘search for an agent’ link on real estate.com.au

alternatively you could contact the office of fair trading for NSW

]]> babb7a1b45895a9a47916bfc2faef98f equityking replied to the topic Can i get out of sale contract? in the forum No Subject https://www.propertyinvesting.com/topic/4376391-can-i-get-out-of-sale-contract/#post-4492433 Fri, 08 Oct 2004 02:38:14 +0000 I agree with Blondie.

The only complication would be if you decided to list it again within this 3 month period with another agent. If it sold with the other agent in this time, and your first agency has not granted termination of the contract, you would be liable to pay 2 lots of commission.

Depending what the original deal was with the agent…[Read more]

]]> 9c3dddf0d84b3595c5b3c933d6f1c8b2 equityking replied to the topic 3 months in new job? in the forum Help Needed! https://www.propertyinvesting.com/topic/4376367-3-months-in-new-job/#post-4492312 Thu, 07 Oct 2004 06:47:01 +0000 From my experience a letter from the employer stating that they are NOT on a probationary period is normally sufficient. But this will not be the case with all lenders.

]]> 900c878dda5570975f6bfacf221f68ff equityking replied to the topic How to Choose an Agent in the forum No Subject https://www.propertyinvesting.com/topic/4376363-how-to-choose-an-agent/#post-4492299 Thu, 07 Oct 2004 06:43:29 +0000 Open listing is the least effective way to sell any real estate. It’s kind of like ‘everyone gets a crack at it, but nobody is responsible for it’.

The agents probably are’nt working for you as hard as they could, for the reason that you’ve made no commitment to them.

I would recommend putting on with the agent who gets most results in the area…[Read more]

]]> c7aea611ddf18797e19ef04e558c2b03 equityking replied to the topic Negative gearing + positive cash flow strategy in the forum General Property https://www.propertyinvesting.com/topic/4376334-negative-gearing-positive-cash-flow-strategy/#post-4492113 Wed, 06 Oct 2004 02:43:43 +0000 I believe in diversifying your property portfolio. It is a personal thing though, depending on your desired outcome and personal income.
Myself being young, and on a fairly good income I believe in offsetting positive cashflow properties with negative ones. However, these negatively geared properties are slected specifically for capital growth…[Read more]

]]> 8d0ade03e70771072610280932b999dc equityking replied to the topic I want to be a Real Estate Agent in the forum Opinionated! https://www.propertyinvesting.com/topic/4376061-i-want-to-be-a-real-estate-agent/#post-4490119 Tue, 28 Sep 2004 06:01:55 +0000 Choosing to become a real estate agent is a great decision, however of course I”m biased.
My advice would be:

Always keep the big picture in mind, at first you’ll be investing a lot of time.

Work for someone you trust and are proud to be associated with.

Stay away from any ‘Jenman Approved’ agencies

Good luck

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