PropertyInvesting.com | gags327 | Activity https://www.propertyinvesting.com/members/gags327/activity/ Activity feed for gags327. Tue, 14 Apr 2026 21:21:44 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 70b3f4846d4b842c5d2f5278d1778d5d gags327's profile was updated https://www.propertyinvesting.com/activity/p/388308/ Thu, 02 Apr 2020 21:44:39 +0000 8ed1bf7f758b014369bc201d790ea062 gags327 replied to the topic Deposit finance. in the forum Finance https://www.propertyinvesting.com/topic/5023002-deposit-finance-2/#post-5023060 Thu, 17 Mar 2016 12:06:12 +0000 Thankyou Richard, sounds very interesting. I did actually try to call you today but no answer. will try again tomorrow.

]]> 34b610d109b73376ba02e83f4c4b355c gags327 replied to the topic Deposit finance. in the forum Finance https://www.propertyinvesting.com/topic/5023002-deposit-finance-2/#post-5023053 Thu, 17 Mar 2016 10:18:48 +0000 Thanks Hank, the Guarantee is a good idea, not sure if I can get them on board thou. I basically have the 10% but was just hoping the vendors could finance the other 10 to save me the 26k in lenders insurance.

]]> 2524ee5b650db42c90f365d3a0862c93 gags327 replied to the topic Deposit finance. in the forum Finance https://www.propertyinvesting.com/topic/5023002-deposit-finance-2/#post-5023005 Thu, 17 Mar 2016 01:14:59 +0000 Thanks Corey. What is non coded lenders, is this like low doc and are you meaning that interest rates would so high.

]]> 034e84be2b2dcc3ace26040751bd4898 gags327 started the topic Deposit finance. in the forum Finance https://www.propertyinvesting.com/topic/5023002-deposit-finance-2/ Thu, 17 Mar 2016 01:02:16 +0000 Hi All, I am wondering if someone can help me, I want to buy a new place of residence. What I wanted to do was finance 80% through the bank and pay the owners off the remainder over the next couple of years. I have been approved for the loan with around 5 to 8% deposit. I can probably get this a bit higher. Just the mortgage insurance is so high.…[Read more]

]]> e30dc8d2b2b4f70c8f9385c36f73ca1e gags327 replied to the topic Recommendations on Mortgage Broker from Brisbane (Northside) in the forum Finance https://www.propertyinvesting.com/topic/5019619-recommendations-on-mortgage-broker-from-brisbane-northside/#post-5023001 Thu, 17 Mar 2016 00:52:22 +0000 Richard is well worth a call

]]> a90a86381201780e36038c58f9b81a42 gags327 replied to the topic Investing in Townsvlle in the forum General Property https://www.propertyinvesting.com/topic/5014533-investing-in-townsvlle/#post-5015252 Fri, 30 Oct 2015 22:55:31 +0000 Thanks guys some great advice there, I have been thinking about looking at west end, Hyde park etc, closet to the CBD, and looking to buy a large block, split and perhaps build 2 units or something on the vacant block. It seems the council are looking favourable at increasing the density in close to the CBD. It does seem you can get a good block…[Read more]

]]> a625617e45f43200c6553d1d5a83a62a gags327 replied to the topic SMSF in the forum Help Needed! https://www.propertyinvesting.com/topic/5015122-smsf-7/#post-5015204 Thu, 29 Oct 2015 11:19:17 +0000 Thanks everyone, a non deductible deposit is an option but still probably leaves me short. I will look at something more liquid to invest in until I can get the balance up.

]]> 11499aed8237abf8c3d95be97d49af74 gags327 replied to the topic SMSF in the forum Help Needed! https://www.propertyinvesting.com/topic/5015122-smsf-7/#post-5015125 Tue, 27 Oct 2015 11:23:38 +0000 Yes I think you are right. I dont want to just sit it in the bank thou, and a little unsure of where to put it, hoping someone had some great idea haha.

]]> 8cb9a907630860dd4f09a003c17a7347 gags327 started the topic SMSF in the forum Help Needed! https://www.propertyinvesting.com/topic/5015122-smsf-7/ Tue, 27 Oct 2015 10:25:14 +0000 I have around 18k left in my SMSF and was wondering if anyone hd any ideas of what I could do with it, preferably property wise but but dont think I have enough left.

]]> 386780ab9bf3e64515ca98f084ba4347 gags327 replied to the topic Investing in Townsvlle in the forum General Property https://www.propertyinvesting.com/topic/5014533-investing-in-townsvlle/#post-5015121 Tue, 27 Oct 2015 10:19:15 +0000 So BAsically stay away from the newer areas?

]]> 4bbb3c1d966880550fa9b4cf4fb2d472 gags327 replied to the topic Investing in Townsvlle in the forum General Property https://www.propertyinvesting.com/topic/5014533-investing-in-townsvlle/#post-5014882 Wed, 21 Oct 2015 00:16:22 +0000 I would also be interested to know. I am currently looking there myself for my next purchase. Have you recently bought there?

]]> c7fb70bce766c68d65228911ed1bc649 gags327 replied to the topic Businesss renting shed off ourself in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4999538-businesss-renting-shed-off-ourself/#post-5000937 Thu, 12 Feb 2015 09:07:13 +0000 What are the implications regarding CGT if we purchase a property as a PPOR and then were to subdivide it down the track

]]> b8e07dce2429a8e6e00013ddd93e5e34 gags327 replied to the topic Businesss renting shed off ourself in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4999538-businesss-renting-shed-off-ourself/#post-5000042 Fri, 06 Feb 2015 10:06:11 +0000 Thanks Terry, some things to consider. The business is under a company structure. How would renting a property compare? Say if us and the company were to go 50/50 in the rent for example?
Also how does CGT work if say for e.g. we owned the property for 10 years and say for the first 5 years we were collecting rent from the business?

]]> 3193d76c2c6b642eba0bdd72e1e56781 gags327 replied to the topic Businesss renting shed off ourself in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4999538-businesss-renting-shed-off-ourself/#post-5000001 Thu, 05 Feb 2015 10:18:08 +0000 If I was to buy a property in our name can the business pay for the shed and improvements etc?

]]> b61a0bd751a8de67376da170f0b37532 gags327 replied to the topic Businesss renting shed off ourself in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4999538-businesss-renting-shed-off-ourself/#post-4999543 Fri, 23 Jan 2015 23:34:39 +0000 I hadn’t thought of that, that is a good idea. Probably not right at the moment but maybe 12 or 18 months time.

]]> 4e0255894b2d123d436b80d525889d47 gags327 started the topic Businesss renting shed off ourself in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4999538-businesss-renting-shed-off-ourself/ Fri, 23 Jan 2015 21:07:09 +0000 I am just wondering from a finance point of view what would best suit our situation. We have a mortgage on our property of around 600 a week. we have a business were we rent a storage shed for around 350 a week. This is purely storage so doesn’t need to be situated in town etc. Would we be better off buying some acreage ( as we would rather live…[Read more]

]]> a97ee97cb998be16d72c36c95cef0f56 gags327 replied to the topic Sean Sumerville, or The Property King in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/4996575-sean-sumerville-or-the-property-king/#post-4997956 Fri, 26 Dec 2014 06:28:11 +0000 The course is probably around 2 years old.
There is 3 big manuals in the course.
The first manual has in it , I buy property for what you pay for a cup of coffee, fast start guide, mind manual, your blueprint to investing success and a section on the science of getting rich.
The second manual all documents and contracts for different states
The…[Read more]

]]> d261e22cf03739f62361136c9f555c78 gags327 replied to the topic Sean Sumerville, or The Property King in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/4996575-sean-sumerville-or-the-property-king/#post-4997813 Mon, 22 Dec 2014 04:10:48 +0000 Anything but Rick Otton sorry lol.
Happy to work something out with you thou if you are interested. Its sitting here not doing anything.

]]> 608f34024cff3a23535b760327de01af gags327 replied to the topic Sean Sumerville, or The Property King in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/4996575-sean-sumerville-or-the-property-king/#post-4997223 Fri, 28 Nov 2014 22:56:44 +0000 I think it was orginaly about 4k with 12 months mentoring etc.
Make me an offer on it or if you have something you would like to swap I am open to offers. I have got from it what I wanted so not needed anymore.

]]> b8af31fe2121d69f6fcd8cc64819737e gags327 started the topic Sean Sumerville, or The Property King in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/4996575-sean-sumerville-or-the-property-king/ Fri, 14 Nov 2014 01:01:22 +0000 I Have the Property King home study course for lease options, instalment contracts etc.
<moderator – delete description. See https://www.propertyinvesting.com/topic/4405587-posts-in-this-forum/ re terms and conditions of using the Buys Swap & Sell subforum>
Looking to swap for anything or open to offers.

]]> 8bdd67b43f21cfb949fa7b876df5185d gags327 replied to the topic Investing in Perth 2014 in the forum General Property https://www.propertyinvesting.com/topic/4410262-investing-in-perth-2014/#post-4696282 Wed, 05 Feb 2014 11:52:24 +0000 Anyone have any thoughts on midland 

]]> 3928fa9e24fd0bf3c2d5782d43334c97 gags327 replied to the topic Commonwealth Games Investing in the forum Creative Investing https://www.propertyinvesting.com/topic/commonwealth-games-investing/#post-4696422 Sat, 18 Jan 2014 21:49:45 +0000 Something I am not sure of what are they going to do with the athletes accommodation after the games at parklands? I have heard it may stay for accommodation for the university hospital recently built. This could provide an oversupply of lower range property in the area. Love to hear anyone's thought?

]]> dc00964019cd6eae16759f62a3b567ff gags327 replied to the topic New or old unit????? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410483-new-or-old-unit/#post-4697920 Sat, 04 Jan 2014 04:23:55 +0000 Hi Richard 

i would love to read your article too. 
Sephengagie@hotmail.com
thanks Richard. 

]]> 6d7f6dfb71dd0eba4a74c2c82af0fefd gags327 replied to the topic Any thoughts on AYR south of Townsville in the forum Thanks for the comments guys, https://www.propertyinvesting.com/topic/4409682-any-thoughts-on-ayr-south-of-townsville/#post-4693123 Sat, 14 Sep 2013 09:05:13 +0000 Thanks for the comments guys, I realize it has been flat for some time and prices have come back quite a bit. I would be looking at 3 bedrooms and a large block, perhaps in the lower price range and basically positively geared. The reason I ask is it does seem quite cheap there but the more I research there seems to be some ok looking areas in…[Read more]

]]> 2c10d2fd0a7b60500bfeb61251cc6c6a gags327 replied to the topic Lease option contract in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409576-lease-option-contract/#post-4692478 Thu, 04 Jul 2013 10:19:03 +0000 Sounds great, will be in touch next time darryl. My first one didn't go through, so got stung twice. Anyway you live and learn. 2 months later looks like being completed. 

]]> 34f92750309c4f31e87a3d2eae87620b gags327 replied to the topic Lease option contract in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409576-lease-option-contract/#post-4692471 Fri, 21 Jun 2013 03:05:13 +0000 Will do next, thanks guys.

]]> 08b5db03554599dc6081238d84b82904 gags327 replied to the topic Lease option contract in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409576-lease-option-contract/#post-4692467 Wed, 19 Jun 2013 10:30:17 +0000 I mean a rent to buy agreement. Obviously my relationship with my solicitor isn't too good, as I was of the belif of a couple of weeks would be plenty of time. We are now up to 6 weeks with the so called expert. All monies payed up front before he would even start, and I might add the most expensive we have come across so far, now lucky to get a…[Read more]

]]> 0ca331382d16cd615f63cdd8e8c0f3ae gags327 replied to the topic DIY RENT TO BUY manual for sale in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4409306-diy-rent-to-buy-manual-for-sale/#post-4690465 Fri, 10 May 2013 10:58:19 +0000 Who is it by?

]]> c44d383657f4d00190bb3618859f2aad gags327 replied to the topic MACKAY: General thoughts and experiences on as an area to invest in property in the forum General Property https://www.propertyinvesting.com/topic/4409089-mackay-general-thoughts-and-experiences-on-as-an-area-to-invest-in-property/#post-4689179 Sun, 07 Apr 2013 21:52:27 +0000 A lot of new properties about to become available. Look medium to long term. 

]]> 54bf8596e8123f379d1a2bddb95af60b gags327 replied to the topic CGT on an Installment contract in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409049-cgt-on-an-installment-contract/#post-4688897 Tue, 26 Mar 2013 22:44:28 +0000 Awesome terry, thanks for that. Much appreciated.

]]> 8fa01e2bc588efc18b6dd238b2202802 gags327 replied to the topic Problem private tennant in the forum General Property https://www.propertyinvesting.com/topic/4408961-problem-private-tennant/#post-4688307 Thu, 14 Mar 2013 04:39:41 +0000 Thank you I will check it out. Everyone deserves to know about tenants that stop paying rent without any communication and ignore any attempts to contact them. 

]]> ee51bdad7d2ef6363f1293446831e928 gags327 replied to the topic US Tax Liens in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408869-us-tax-liens-2/#post-4687623 Sun, 03 Mar 2013 05:27:58 +0000 Sounds interesting kylermrice I would be interested to hear more about what you do.

]]> 411001344c6ffaaf3fb456dd9daf4262 gags327 replied to the topic US Tax Liens in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408869-us-tax-liens-2/#post-4687621 Fri, 01 Mar 2013 12:56:59 +0000 Thanks d ill check it out. Just watched Tommys course a lot is back in 2009 and 10. Looked up a few liens and they didn't seem to be as readily available. This is only initial research thou. Like you would by rest to hear some more up to date info. 

]]> 11f9cd881e60890ca071a8cbfb982a65 gags327 replied to the topic Broker for Rent to Buy in the forum Finance https://www.propertyinvesting.com/topic/4408754-broker-for-rent-to-buy/#post-4686689 Wed, 20 Feb 2013 06:47:37 +0000 All good Paul, understand your position. Richard thank you very much for your help. Have heard your name recommended on here several times and I can also most defiantly recommend you to anyone. Pleasure to talk to and very knowledgeable.
Thanks everyone.

]]> 061329a59a81acf4ef5da93ac6028e1a gags327 replied to the topic Broker for Rent to Buy in the forum Finance https://www.propertyinvesting.com/topic/4408754-broker-for-rent-to-buy/#post-4686686 Thu, 14 Feb 2013 19:07:50 +0000 Hi les I am actually in QLD  not sure if they can still help or not?

]]> 90358febf3b78256a3ba29a65d6a0ff6 gags327 replied to the topic Opinions on Townsville suburbs and property types in the forum General Property https://www.propertyinvesting.com/topic/4408517-opinions-on-townsville-suburbs-and-property-types/#post-4684597 Thu, 24 Jan 2013 05:20:45 +0000 Whu Garbut and westend? Is it purely location close to everything? what type of people would tend to want to live in this area?
Cool thread too, some great comments

]]> 77a860b847223d8308cdefcea96cd20d gags327 replied to the topic Bankruptcy in the forum Interesting, thanks guys love https://www.propertyinvesting.com/topic/4408042-bankruptcy-6/page/2/#post-4680592 Sun, 11 Nov 2012 10:50:18 +0000 Interesting, thanks guys love the information 

]]> b7363578a44c2ca4ad8dfacc04a4eaec gags327 replied to the topic Bankruptcy in the forum Creative Investing https://www.propertyinvesting.com/topic/4408042-bankruptcy-6/#post-4680588 Fri, 09 Nov 2012 23:01:09 +0000 Thanks everyone for the comments, getting my head round it now, wise words of wisdom there Paul I will take your advice, as hard as it is to want to rush in and get someone in there. Does anyone know what the set time is for it to stay on your record after you have been discharged?

]]> f1f0fc521350d2d1f84177921ddeb751 gags327 replied to the topic Bankruptcy in the forum Creative Investing https://www.propertyinvesting.com/topic/4408042-bankruptcy-6/#post-4680582 Thu, 08 Nov 2012 05:21:40 +0000 Great to know Paul, I was looking at a lease option on the property anyway. I suppose if they are still undischarged you have to wait 5 years from when they are discharged for it to be off there record. How have you found it getting finance for people that are discharged to finace them out of your properties? Is it just a case of larger deposits…[Read more]

]]> 30cd9024b6a07c5a8505b7fbad073406 gags327 replied to the topic Bankruptcy in the forum Creative Investing https://www.propertyinvesting.com/topic/4408042-bankruptcy-6/#post-4680578 Wed, 07 Nov 2012 22:20:13 +0000 Thanks Shahin, I am looking at doing at vf a property to sell and have had quite a few applicants that have been bankrupt and of course have been looking at how they would stack up for a bank loan in the years to come. One guy has two years left to run out of his 8 but everything else looks great, while another is still undischarged, but has great…[Read more]

]]> 85e5846f225f78db7e015074854d00ce gags327 replied to the topic Bankruptcy in the forum Creative Investing https://www.propertyinvesting.com/topic/4408042-bankruptcy-6/#post-4680573 Wed, 07 Nov 2012 10:34:55 +0000 If someone is annuled what are there chances of bank finance compared to some that has been discharged? Is it just a matter of larger deposits Etc?

]]> d147d5d4d8bdeb9f6406ebc408e28c0a gags327 replied to the topic Bankruptcy in the forum Creative Investing https://www.propertyinvesting.com/topic/4408042-bankruptcy-6/#post-4680571 Wed, 07 Nov 2012 10:05:35 +0000 Thanks for your reply terry, making sense now. So obviously if someone is telling me that they are undischarged  bankrupt they are still in the 3 year period and more than likely have no hope of being annulled. 

]]> ae874f2af7f0ad3ecfa4bb61750351ba gags327 replied to the topic Sean Summerville in the forum Heads Up! https://www.propertyinvesting.com/topic/4407887-sean-summerville/#post-4679362 Fri, 26 Oct 2012 23:43:37 +0000 Hi Paul, I am interested in joining the vendor finance association. I am in North Queensland so would be unable to make any of the meetings that you seem to have. What other benefits are there for me apart from going to the meetings?

]]> e01851940a581010fbfa911c7111efc4 gags327 replied to the topic Lease option in the forum Creative Investing https://www.propertyinvesting.com/topic/4407895-lease-option-10/#post-4679385 Wed, 24 Oct 2012 22:25:16 +0000 thanks Paul for your help, thats basically what I'm going for

]]> aef35156cdda23484a2d322f9f483b31 gags327 replied to the topic Lease option in the forum Creative Investing https://www.propertyinvesting.com/topic/4407895-lease-option-10/#post-4679383 Sun, 21 Oct 2012 05:17:05 +0000 Thanks everyone for the comments. Yes terry I am looking at your number 1 option except hoping to get it a bit longer than a year.scott I am getting access to the property and I will be responsible for all outgoings, although the loan repayments are a lot higher than what you would pay as rent for the property. This is because the loan that is…[Read more]

]]> 286853f410939ec8301bb62ae7441bf1 gags327 replied to the topic Lease option in the forum Creative Investing https://www.propertyinvesting.com/topic/4407895-lease-option-10/#post-4679378 Thu, 18 Oct 2012 05:39:29 +0000 Understand every situation is different,is there something else I am missing. 

]]> a9c8a94f211fd5bd452a338f1342a7a1 gags327 replied to the topic Sean Summerville in the forum Heads Up! https://www.propertyinvesting.com/topic/4407887-sean-summerville/#post-4679360 Wed, 17 Oct 2012 01:15:32 +0000 Well thats terrible news about his son, our thoughts are with them.
Was more wondering if anyone had any professional dealings with him, or if any what had done the courses he has available.
I noticed Victa you only joined propertyinvesting.com today, whats your background? do you only know him on a personal level?

]]> e5d66105aabb2a5f328fec3f00772437 gags327 replied to the topic Anyone looking to or recently purchased in Mackay QLND? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407218-anyone-looking-to-or-recently-purchased-in-mackay-qlnd/#post-4674338 Tue, 24 Jul 2012 11:24:47 +0000 I also live in mackay, and would be happy to assist if I can. Please feel free to contact or ask any questions.

Steve.

]]> e87d50ed1512af119fdb842b7adc9eac gags327 replied to the topic Rick Otton in the forum Heads Up! https://www.propertyinvesting.com/topic/4406658-rick-otton-3/#post-4670458 Thu, 24 May 2012 07:08:58 +0000 Thanks everyone for the great comments, especially Paul, will check all the websites out, definatly love all the education. Checking out your site now Paul, looks great.
Thanks again

Steve

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