PropertyInvesting.com | frosty1 | Activity https://www.propertyinvesting.com/members/frosty1/activity/ Activity feed for frosty1. Sun, 12 Apr 2026 21:55:46 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2351a636d8a5dc9f473a4c6c3c7e38c8 frosty1 replied to the topic Are Destiny Financial Services the real deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400591-are-destiny-financial-services-the-real-deal/#post-4628240 Sun, 18 Jul 2010 10:39:43 +0000 Hi Lisa,I would recommend reading all Margaret Lomas books relating to property, in the order she wrote them.I think there is about 5 of them. most should be in libraries.I have learnt a lot from them.Also read many other books as well, to compare diff ideas and stratagies.Lomas seminars are not expensive to go to, I have been to many.I have not…[Read more]

]]> 739e0bcf538007b056db4d09bb92d0fa frosty1 replied to the topic How do I know if this is a good investment? in the forum Hi,I smell a rat,  run as https://www.propertyinvesting.com/topic/4399575-how-do-i-know-if-this-is-a-good-investment/#post-4622449 Sun, 18 Apr 2010 09:26:15 +0000 Hi,I smell a rat,  run as fast as you can, away.Run to the library, and read as many property investment books as you can.Margaret Lomas has several books, well worth reading them all.Ask lots of questions here as well.Good luck,Frosty1

]]> 1ac1419618862410de014e02cfa3e29f frosty1 replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Value Adding https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/7/#post-4602620 Fri, 04 Sep 2009 11:31:28 +0000 Hi Mike,Thanks for the report.Very quick response.Regards,Frosty1

]]> 86b4559ada589929d8a3881e043d808a frosty1 replied to the topic Quantity surveyor in the forum Help Needed! https://www.propertyinvesting.com/topic/4395772-quantity-surveyor-4/#post-4601265 Fri, 27 Mar 2009 11:23:57 +0000 Thanks very much,I'll try them all.Frosty

]]> 0ecc31af62e9fc904b382b4be3ba6061 frosty1 replied to the topic Quantity surveyor in the forum Help Needed! https://www.propertyinvesting.com/topic/4395772-quantity-surveyor-4/#post-4601261 Wed, 25 Mar 2009 09:11:18 +0000 Thanks Maree,Were they based in Melbourne?What area did you use them in?Do you remember what they charged?Sorry for all the questions,  if you have there number that would be great.Thanks again,Frosty.

]]> b9b4bfff020d7401455d2b270b7cf748 frosty1 replied to the topic Buying off the plan - stamp duty savings in the forum Help Needed! https://www.propertyinvesting.com/topic/4395409-buying-off-the-plan-stamp-duty-savings/#post-4599245 Fri, 13 Feb 2009 09:39:36 +0000 Hi,In victoria, i think you pay stamp duty on the value or cost of the already completed or constructed portion.Only the remaining unbuilt portion is stamp duty free.So, if a place is nearly complete, you nearly pay full stamp duty.Frosty.

]]> a44b1544b4d7fe765600a074c658238e frosty1 replied to the topic buying with a right to early access in the forum Help Needed! https://www.propertyinvesting.com/topic/4395227-buying-with-a-right-to-early-access/#post-4598287 Sun, 25 Jan 2009 21:31:28 +0000 Hi Linar,Thanks for the response,I will talk to my solicitor if i go ahead with the property.Frosty

]]> e32438bd4e0ccac11b3e7f644df46102 frosty1 replied to the topic buying with a right to early access in the forum Help Needed! https://www.propertyinvesting.com/topic/4395227-buying-with-a-right-to-early-access/#post-4598285 Sun, 25 Jan 2009 04:40:16 +0000 Thanks Terryw,I guess if you wanted to take the risk,You could  do only labour intensive work.That way you only risk losing your time which is still money,But, at least your not risking thousands of dollars worth of materialistic things.Out of all property sales, i'm not sure how many people do this and then run into trouble.But i guess it can…[Read more]

]]> f0967b55be3ff44c176fc02441b5a79c frosty1 replied to the topic Ownership structure in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395223-ownership-structure/#post-4598208 Sun, 25 Jan 2009 03:13:38 +0000 Thanks Terryw,I would not expect to claim anything against my taxable income.But i was wondering if the wife could claim all the loan interest against her possible income, even though the bank loan is only half in her name as the other half is in my name.Property is 100% in wifes name.Bank loan for property  is in wifes & husbands name.Thanks,Frosty.

]]> 5d2aa6f93806e26532dbbaacde2ba960 frosty1 replied to the topic Reason for selling unknown in the forum Hi, I don't think the agents https://www.propertyinvesting.com/topic/4395178-reason-for-selling-unknown/#post-4597930 Mon, 19 Jan 2009 10:02:56 +0000 Hi,I don't think the agents end up with the building or pest reports.They remain the property of the person paying for them, usually the previously interested buyer.The agent should be obliged to tell you of any known majour problems though.Frosty

]]> e891276beb95161885347ae6801d3943 frosty1 replied to the topic buying first property in the forum Help Needed! https://www.propertyinvesting.com/topic/4395159-buying-first-property-2/#post-4597854 Fri, 16 Jan 2009 22:39:22 +0000 Hi,Just keep reading books as well.As many as you can.Margaret Lomas has many books well worth reading.Good to read a variety as they can differ greatly on stratergies, etc.Eventually you will have a better  understanding on all.But, saying that, i think you can never stop learning, as times keep on changing.Your willingness to learn and invest a…[Read more]

]]> 178b580a25760c7c072b1829c7e8f293 frosty1 replied to the topic How to use equity in my own property to buy my first Investment Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4395137-how-to-use-equity-in-my-own-property-to-buy-my-first-investment-property/#post-4597771 Tue, 13 Jan 2009 07:06:27 +0000 Hi Hsingh,I would first try to gain more knowledge through reading property investment books.The library has many.Margaret Lomas has  books well worth reading.Good luck.Frosty

]]> 9af22331383af65666b12fe3063549b4 frosty1 replied to the topic Investment Advice needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4394082-investment-advice-needed/#post-4592187 Thu, 28 Aug 2008 11:20:51 +0000 Hi,Also Margaret Lomas has written some very good books worth reading.most libraries would have copies of some of them.read everything you can.frosty1

]]> a9bcaea30e317c8877cb2f3ef8390a49 frosty1 replied to the topic Has anyone successfully used the Reno Toolkit? in the forum Value Adding https://www.propertyinvesting.com/topic/4393961-has-anyone-successfully-used-the-reno-toolkit/#post-4591647 Tue, 26 Aug 2008 11:51:15 +0000 Hi Yorkie,just wondering if you have looked at traralgon yet?what sort of properties are you looking at there and do you think you can find or make them pos. cash flow?cheers,frosty1

]]> 51a62960c1001dd632284140a3b4a8c4 frosty1 replied to the topic Do I give up? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393686-do-i-give-up/#post-4590042 Mon, 07 Jul 2008 12:13:35 +0000 hi matt,i suggest educate your self first for nothing (or very cheaply).read,read and continue to read, a variety of property investment books, many available at local libraries.read for ever on forums like this,  and even ask for advice or opinions.you don't have to believe everything you read or hear, but it gives you ideas to follow up,…[Read more]

]]> 1bf57453e279629e1e6675dde96f858c frosty1 replied to the topic how is possible still get positive gear property in the forum General Property https://www.propertyinvesting.com/topic/4393532-how-is-possible-still-get-positive-gear-property/#post-4589153 Sun, 06 Jul 2008 08:00:41 +0000 hi Linar,would you mind if i ask what your strategy is with property investing?do you not keep positive geared properties?don't mean to be nosey, just curious/interested.thanks,frosty1

]]> 149ee8132434c026b8880c4912ff1784 frosty1 replied to the topic Melbourne - Need Good Property Accountant in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4390601-melbourne-need-good-property-accountant/#post-4572913 Sun, 06 Jul 2008 07:27:18 +0000 hi all,i also would be keen to know if anyone can recomend a good property accountant  in the LATROBE VALLEY  (TRARALGON) area, or anywhere in gippsland.thanks,frosty1

]]> 5550f48f7e3ad84d7de246035c79c255 frosty1 replied to the topic claiming reserch etc on tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4393671-claiming-reserch-etc-on-tax/#post-4589969 Sat, 05 Jul 2008 23:18:49 +0000 hi,me again,also wondering if buying a land and house package,should i keep records of travel costs to the building site for progresive inspections, colour & component selections, discussions with builder/developer, phone calls etc.can i claim any of these things?maybe it can only be used to add to the cost base, for capital gains tax?thanks…[Read more]

]]> f9504a9cedcaca5ea40d39b166de72e5 frosty1 replied to the topic Rendering a Dated Brick House in the forum Value Adding https://www.propertyinvesting.com/topic/4393648-rendering-a-dated-brick-house/#post-4589827 Sat, 05 Jul 2008 22:49:09 +0000 hi,sorry to but in, but, i also have a question.doe's all rendering need painting?or can the colour be put in the actual motar?i assume you can do both, but is one better than the other? is painting the cheaper way to go?what do most people do?thanks,frosty1

]]> f0fb22836b4631ee773e8f4b4f5aa95c frosty1 replied to the topic Cranky.. in the forum Help Needed! https://www.propertyinvesting.com/topic/4393659-cranky/#post-4589907 Sat, 05 Jul 2008 22:35:50 +0000 maybe the vendor is hiding something,something you might find a problem with after spending extra time there.have you had a building and pest inspection done?frosty1

]]> 6a6caded96ab8fc813ba5d05e87cb26d frosty1 replied to the topic Seeking a Serious Mentor in the forum Help Needed! https://www.propertyinvesting.com/topic/4393622-seeking-a-serious-mentor/#post-4589672 Mon, 30 Jun 2008 12:16:35 +0000 hi matt,unfortunately i can't help you on that one.but could you tell me what courses and who's seminars you have been to.?and were they of no help at all?thanks,frosty1

]]> 98107aec6e8f348e501d1cb471f667d5 frosty1 replied to the topic robert kiyosaki in the forum Opinionated! https://www.propertyinvesting.com/topic/4393548-robert-kiyosaki-3/#post-4589278 Mon, 30 Jun 2008 00:52:09 +0000 thanks marc,i am reading as many books as i can,there are many available, and it's a great, easy, cheap ( from library), way to learn and get ideas and become inspired.this forum is  like a good book that never ends,  some very good reading, helps you to come to your own conclusions.also if something is not understood, you have the opportunity t…[Read more]

]]> d413690ae754111f26bbe5c21b8ba944 frosty1 replied to the topic robert kiyosaki in the forum Opinionated! https://www.propertyinvesting.com/topic/4393548-robert-kiyosaki-3/#post-4589273 Sun, 22 Jun 2008 01:11:55 +0000 hi marc,who wrote  '' WHO STOLE MY MONEY '' ? ,  is it one of robert .k's  books?is it about things to avoid, mistakes etc?frosty1

]]> c0ced3e7c52a82ed66a38ac00566a667 frosty1 replied to the topic property investing courses in the forum Opinionated! https://www.propertyinvesting.com/topic/4393549-property-investing-courses/#post-4589322 Sat, 21 Jun 2008 11:18:03 +0000 hi,thank you  very much for the above web site/link.very interesting.thanks again.frosty1

]]> 4a84453df844b39a7422667a1fe718fc frosty1 replied to the topic Property Prices in the forum Opinionated! https://www.propertyinvesting.com/topic/4393540-property-prices-2/#post-4589243 Sat, 21 Jun 2008 06:21:16 +0000 hi jon,do you now much about renting houses out by the room?can you still get landlords insurance.will realestate agents still manage your property for you, renting in this manner?are there any other difficulties in doing this?thanks for any reply.frosty1

]]> 45e38f674fb16fe0bb67bf6216f6f07c frosty1 replied to the topic Why is housing not affordable! in the forum Opinionated! https://www.propertyinvesting.com/topic/4391604-why-is-housing-not-affordable/#post-4578281 Sat, 14 Jun 2008 06:57:33 +0000 my grandparents were both working most of their life.they could not apparently afford to buy their first house untill they were in their 50's.this was about 70/80 years ago in oakleigh, (melbourne).my parents had rented 14 different houses before they were able to purchase their own house.this was about 45 years ago in blackburn (melbourne)i am in…[Read more]

]]> 306011e1e848c268f9b559eec02a7f08 frosty1 replied to the topic Income Insurance - What level? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392286-income-insurance-what-level/#post-4582649 Mon, 11 Feb 2008 09:56:06 +0000 initial consultation is usually free.good to get a rough plan in your head first and see what they think .then go to several others and compare their ideas.costs nothing to do this, only your own time.it may give you some ideas to help you make your own mind up.frosty.

]]> 59375e70ad1b7dced13ae879d7a34128 frosty1 replied to the topic purchasing with a Trust or own Name! in the forum Finance https://www.propertyinvesting.com/topic/4392235-purchasing-with-a-trust-or-own-name/#post-4582389 Mon, 11 Feb 2008 09:29:04 +0000 thanks terry,interesting reading.frosty.

]]> d8d561f547d997281cf7ba483016b578 frosty1 replied to the topic Income Insurance - What level? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392286-income-insurance-what-level/#post-4582647 Mon, 11 Feb 2008 09:06:25 +0000 NAB has licensed financial planners that usually sell all types of life insurance, income protection insurance ect.they will be biased but that doesn't mean it will be a bad deal.they might be quite competative.  worth comparing not only their price but also their opinions.frosty

]]> e60a548fe76bf5626de635301d6d59b0 frosty1 replied to the topic purchasing with a Trust or own Name! in the forum Finance https://www.propertyinvesting.com/topic/4392235-purchasing-with-a-trust-or-own-name/#post-4582386 Sun, 10 Feb 2008 03:19:29 +0000 Hi Terry,   thanks for the response again.someone that goes crazy with credit cards possibly wouldn't be good with investments, as you need to be disiplined with money to do well.also, in this day and age, drinking and driving is something that should be kept under control to be successful in more ways than one.i do understand there will always b…[Read more]

]]> bf4d0185d1919ea8d91c10a29e3c7cbb frosty1 replied to the topic purchasing with a Trust or own Name! in the forum Finance https://www.propertyinvesting.com/topic/4392235-purchasing-with-a-trust-or-own-name/#post-4582383 Sat, 09 Feb 2008 11:51:43 +0000 terryw,  thanks for your reply.  it's great to hear your views, i'm still learning.i think people at high risk would be people that work for them selves,in private business, doctors, surgens, etc.i'm not sure of the risk for people who work for wages and that have car and property insurances for liability.( landlords insurance etc. )   is this sti…[Read more]

]]> 540387a5a5df8e3d2a13c281fda27ff5 frosty1 replied to the topic buying IP's with in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4392259-buying-ips-with/#post-4582487 Fri, 08 Feb 2008 10:57:24 +0000 hi,i think all 3 ways would be used by different people.it depends on what suits your sitiation.there are fors and againsts for all.i also find it difficult to determine which is best even when i weigh up the good and bad of all structures.most property investement books i have read explain the ins and outs of different ownership  structures. a…[Read more]

]]> b4b4364cd4bcedcf2f634263607cdd26 frosty1 replied to the topic purchasing with a Trust or own Name! in the forum Finance https://www.propertyinvesting.com/topic/4392235-purchasing-with-a-trust-or-own-name/#post-4582380 Fri, 08 Feb 2008 09:34:48 +0000  HI ALL,i have been interested in the 'trust verses own name structure' for a while now and i am still unsure what is best.does anybody know anyone that has actually been sued and lost their properties or assetts?in a trust property expenses and losses cannot be claimed against personal income.who else would you want to pass income to through the…[Read more]

]]> 36d7ee6dbba07022404b0fdc2a4ce766 frosty1 replied to the topic line of credit in the forum Finance https://www.propertyinvesting.com/topic/4391906-line-of-credit-14/#post-4580456 Sat, 12 Jan 2008 11:02:59 +0000 hi,would a morgage off set account be a better set up than a LOC?i guess they have different purposes.is an  off set account only good if you have the extra funds available?your income still goes into it just the same as an LOC, and reduces the amount of interest paid and causes no tax problems with money coming in or out for personal use or…[Read more]

]]> 0d9e44a9815f5d674b27beb9f9688b55 frosty1 replied to the topic Is a trust really worth it? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391924-is-a-trust-really-worth-it/#post-4580568 Fri, 11 Jan 2008 12:31:06 +0000 I guess towards the end result, you want properties to end up on the positive geared side, but as this occurs i would think it would be time to buy again.  do you think?

]]> 429bec0a52ada494b793d6e5466fa1e3 frosty1 replied to the topic How much for a Trust structure in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391856-how-much-for-a-trust-structure/#post-4580194 Fri, 11 Jan 2008 12:25:27 +0000 hi sammi 13,may i ask why you want a trust?I am just curious as to their advantages to justify having one.thanks,frosty1

]]> e46d6d580b6c87b2ff7e804f3fe54bba frosty1 replied to the topic capital gains tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391894-capital-gains-tax-36/#post-4580396 Thu, 10 Jan 2008 07:33:13 +0000 thanks scott,once subdivided and i sell, how and who determines the cost base price of the new block?as it came from my PPOR.   This would also lower the value of my PPOR because it is now on a smaller piece of land.If i sell it all together as one, i pay no CGT.     If i sell in two pieces i pay CGT.   Is this right?  thanks again,frosty1

]]> 8227f3c09f91b721fd96e545a688c51e frosty1 replied to the topic Just Contracted 1st Investment Property & It's CF+ in the forum General Property https://www.propertyinvesting.com/topic/4391447-just-contracted-1st-investment-property-its-cf/#post-4577234 Tue, 20 Nov 2007 09:39:25 +0000 hi,i may have looked at the same property.it was leased out untill feb 08.i thought it was a good investment also and i nearly bought it.it only had a single garage. corner block.i thought it was a good buy at that price even if it was unfurnished. if it became vacant for too long you could always advertise it for rent as furnished or unfurnished.…[Read more]

]]> 589527d98a5aae1b6d017c9a8faaf96a frosty1 replied to the topic Just Contracted 1st Investment Property & It's CF+ in the forum General Property https://www.propertyinvesting.com/topic/4391447-just-contracted-1st-investment-property-its-cf/#post-4577231 Sun, 18 Nov 2007 01:24:01 +0000 units4me wrote:
There is only one regional vic town of 20000+ population with a present growth rate of approx 2%PA or more (ABS 2001-2006). It may surprise many.

hi, are you thinking of traralgon?frosty1

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