Members & Vistors Online Right Now: 98
  • Ethan Timor replied to the topic Brisbane House or Melbourne Unit with $850K budget in the forum Help Needed! 5 days, 2 hours ago

    That strategy is honestly completely out of my area of ‘expertise’ as an investor.

    Generally speaking, as I’m sure you know, the only way you’ll see a profit is if the local market where you’ll buy will rise and/or if you’ll buy under market (vendor that has to sell etc).

    So, which area do you think will do better over the next x years that…[Read more]

  • Ethan Timor replied to the topic Our situation, please can you help? in the forum Help Needed! 6 days, 8 hours ago

    Lots of options: Mortgage Broker, Finance Broker, Accountant, tax agent or a financial planner.

    IMHO you can definitely take a mortgage on your PPOR in WA and use that to buy another property (presuming servicibility isn’t an issue), that’s straight forward enough.

    The whole matter gets complex when taking into account taxation. Now, if…[Read more]

  • Ethan Timor replied to the topic Collateral in the forum Help Needed! 6 days, 8 hours ago

    Welcome, welcome!

    Alright, so here’s what I’m thinking:

    1. Each property needs to have value in its own merit. If, for example, the vacancy rates are high in TAS and you won’t be able to rent it out, you’ll be out of pocket on the mortgage of it.

    2. Now, I know yo mentioned buying without a mortgage but the best way forward in such a case,…[Read more]

  • Ethan Timor replied to the topic Brisbane House or Melbourne Unit with $850K budget in the forum Help Needed! 6 days, 9 hours ago

    Welcome, Max!

    I think we need to know more about your strategy. Is it “buy and hope” or plan to manufacture growth somehow?

  • Ethan Timor started the topic Cost effective way to have a granny flat? in the forum Value Adding 6 days, 9 hours ago

    Hi all,

    One of our properties has a big nice backyard with its own side lane access so we’re thinking to put a granny flat on it.

    Had a discussion with the local council and there shouldn’t be any issues. It’s in NSW so 60 sqm max.

    Ideally we would like it to be something that looks like a Queenslander (to fit the neighbourhood), not an ugly…[Read more]

  • Ethan Timor started the topic Cost effective way to have a granny flat? in the forum Value Adding 6 days, 9 hours ago

    Hi all,

    One of our properties has a big nice back yard with its own side lane access so we’re thinking to put a granny flat on it.

    Had a discussion with the local council and there shouldn’t be any issues. It’s in NSW so 60 sqm max.

    Ideally we would like to be something that looks like a Queenslander, not an ugly shed or container. Being so…[Read more]

  • Ethan Timor started the topic Byron Shire Property Investors Networking Meeting (PING) – Tuesday 21 February in the forum Heads Up! 1 week, 4 days ago

    Hi all,

    Come to meet, discuss, exchange and share experience and knowledge with fellow Property Investors while benefiting from the varying skills of each other. So much fun to be had! No hard sales guaranteed.

    Three key speakers in this meeting:

    1 – “The Big Picture” (macro/wide-angle stuff):

    Byron Shire Mayor – Simon Richardson will share…[Read more]

  • Ethan Timor started the topic Byron Shire Property Investors Networking Meeting (PING) – Tuesday 21 February in the forum Heads Up! 1 week, 4 days ago

    Hi all,

    Come to meet, discuss, exchange and share experience and knowledge with fellow Property Investors while benefiting from the varying skills of each other. So much fun to be had! No hard sales guaranteed.

    Three key speakers in this meeting:

    1 – “The Big Picture” (macro/wide-angle stuff):

    Byron Shire Mayor – Simon Richardson will share…[Read more]

  • Ethan Timor started the topic Byron Shire Property Investors Networking Meeting (PING) – Tuesday 21 February in the forum Heads Up! 1 week, 4 days ago

    Hi all,

    Come to meet, discuss, exchange and share experience and knowledge with fellow Property Investors while benefiting from the varying skills of each other. So much fun to be had! No hard sales guaranteed.

    Three key speakers in this meeting:

    1 – “The Big Picture” (macro/wide-angle stuff):

    Byron Shire Mayor – Simon Richardson will share…[Read more]

  • Ethan Timor started the topic Byron Shire Property Investors Networking Group (PING) meeting – Tuesday 21 Feb in the forum Heads Up! 1 week, 4 days ago

    Hi all,

    Come to meet, discuss, exchange and share experience and knowledge with fellow Property Investors while benefiting from the varying skills of each other. So much fun to be had! No hard sales guaranteed.

    Three key speakers in this meeting:

    1 – “The Big Picture” (macro/wide-angle stuff):

    Byron Shire Mayor – Simon Richardson will share…[Read more]

  • Ethan Timor replied to the topic Rentvesting Advice in the forum Creative Investing 2 weeks, 1 day ago

    Not at the moment, no, but that’s how we started. We couldn’t buy where we wanted to live so we invested elsewhere while we were renting.

    Not all of it, as far as I know but generally speaking I would take accounting advice from my accountant, not guests at dinner parties or even forums.

    Doubt you could find positively geared property that…[Read more]

  • Ethan Timor replied to the topic Useful Research Tools in the forum Help Needed! 2 weeks, 2 days ago

    Excellent post, thank you!

    I would add to this list the NSW general valuer plugin for Google earth. Super helpful.

    http://globe.six.nsw.gov.au/

  • Ethan Timor started the topic For sale: Dymphna Boholt's set in the forum Buy, Swap & Sell 2 weeks, 2 days ago

    Hi all,

    Got this pack from a friend a while ago. He doesn’t want it back and it’s just been sitting here collecting dust so it’s time for it to go.

    Ultimate Real Estate Success Coaching Program (2 binders+ 4 CDs)
    +
    Ultimate Real Estate Success Audio Program (6 CDs)
    +
    Ultimate 3-Day Bootcamp Live Recording (10 DVDs)
    +
    Ultimate 3-Day Bootcamp…[Read more]

  • Ethan Timor replied to the topic pre sale apartment in the forum Heads Up! 3 weeks ago

    Too true.

    And what will be the valuation in 2019?

    Risky business IMHO

  • Ethan Timor replied to the topic pre sale apartment in the forum Heads Up! 3 weeks ago

    And what will be the valuation in 2019?

    Risky business IMHO

  • Ethan Timor replied to the topic 2 bedroom in bad suburb or 1 bedroom in good suburb? in the forum Help Needed! 3 weeks ago

    Reckon there are too many factors here for a yes/no answer.

    If you are looking for a strong rental yield, then that’s a different aim than a strong capital growth play. Rental yield is great for cashflow, capital growth is great for wealth building.

    Personally, I like eating the pie and keeping it full 😉

    We usually buy a property that needs…[Read more]

  • Ethan Timor replied to the topic Help with dealing with council over land in the forum Help Needed! 3 weeks, 1 day ago

    You mean you are dealing with the council yourself? 😱

    I generally like pros doing their thing instead of amateur me doing it. Maybe consult with a surveyor or a town planner?

    Good luck and happy new year!

  • Ethan Timor replied to the topic How to make home more valuable and sell faster in the forum Value Adding 4 weeks, 1 day ago

    Judging by your signature, I was under the impression that you already know the quickest(!) way?

  • Ethan Timor replied to the topic Claiming LMI on an IP in the forum Legal & Accounting 4 weeks, 1 day ago

    Might be time to change an accountant?

  • Ethan Timor replied to the topic Sell Sydney IP now or in the next few years? in the forum General Property 1 month ago

    Excellent reply and insights from Benny.

    I will only add this: nobody can say for sure what the future will bring. We are around peak time, most will agree. Are we 11 o’clock in the ‘cycle clock’ or 12 or 1, opinions vary. I wouldn’t try to time the market exactly at the peak (or bottom if buying) which sounds like what you’re after? It’s…[Read more]

  • Load More
© 2001 - 2016 PropertyInvesting.com Pty Ltd, All Rights Reserved      Terms & Conditions | Privacy Policy
Member Login
Lost your password?
×
Register Free To Unlock Unrestricted Access To PropertyInvesting.com