PropertyInvesting.com | FirstTimeInvestor | Activity https://www.propertyinvesting.com/members/firsttimeinvestor/activity/ Activity feed for FirstTimeInvestor. Wed, 15 Apr 2026 08:27:14 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c8d2581d115e9a2c12cb628e084cb107 FirstTimeInvestor replied to the topic OTP Apartment as my first IP... in the forum Help Needed! https://www.propertyinvesting.com/topic/4406585-otp-apartment-as-my-first-ip/#post-4669774 Thu, 17 May 2012 02:05:33 +0000 Ok Thanks Richard,

I think for now I will probably stay away from high rise apartments and try and focus on houses and possibly town houses.

I have a few general question regarding investment that maybe you guys could help me with.
– What are your opinions in investing in a house close to Brisbane? Say roughly within a 6-7km radius of…[Read more]

]]> 02ee54de59ae9e6cb7675ae711e31f8c FirstTimeInvestor replied to the topic OTP Apartment as my first IP... in the forum Help Needed! https://www.propertyinvesting.com/topic/4406585-otp-apartment-as-my-first-ip/#post-4669772 Wed, 16 May 2012 00:40:19 +0000 Thanks for the replies Jamie & Terry.

I guess I should try and steer away from OTP and apartment investments. I know that no matter what strategy you follow there will be people telling you it can’t be done, which was why I wanted to hear from and mimic those who have been successful with OTP apartments. But the sheer number of reputable people…[Read more]

]]> 3c6af57584f68c54127d3b00444e4a25 FirstTimeInvestor replied to the topic Advice on my strategy/outlook in the forum Help Needed! https://www.propertyinvesting.com/topic/4406333-advice-on-my-strategyoutlook/#post-4667629 Mon, 16 Apr 2012 03:37:01 +0000 Thanks guys.

I’m glad point 4 was clarified. I had thought that you could grow your property portfolio within a SMSF.

Regarding point 2 – If we keep our savings in the offset account and decide to purchase a second IP, what would be the best strategy to purchase the second IP?

Thanks,
Dru

]]> 698fb43fc2e99ba090d0a986b5d7eedc FirstTimeInvestor replied to the topic Advice on my strategy/outlook in the forum Help Needed! https://www.propertyinvesting.com/topic/4406333-advice-on-my-strategyoutlook/#post-4667625 Mon, 16 Apr 2012 00:48:32 +0000 Thanks for your reply Terryw!

1 – We’re first home buyers so we’re planning to live in our property for the first 6 months and then rent it out after that. Would 6 months be enough time period to be eligible for the “s118-145 ITAA 1997”?

3 – I probably didn’t make myself clear on this one – I would pay off the principal on the first IP and then…[Read more]

]]> 1c916529455c398f54420cbb78029254 FirstTimeInvestor replied to the topic Serviced Apartment - Owner Occupied in the forum Help Needed! https://www.propertyinvesting.com/topic/4406278-serviced-apartment-owner-occupied/#post-4667135 Tue, 10 Apr 2012 05:45:57 +0000 Hi Aaron,

I guess I’m still optimistic that if navigated properly, in 2 years of purchasing this unit its resale value would be potentially 50% or higher. It’s also in an extremely convenient location close to Sydney CBD and I wouldn’t mind living there for several years.

Essentially I see it as a high risk but extremely high reward potential. I…[Read more]

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