PropertyInvesting.com | giddo | Activity https://www.propertyinvesting.com/members/giddo/activity/ Activity feed for giddo. Sun, 12 Apr 2026 04:39:46 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7f7352ffb19a0599440a6d69d5506fee giddo replied to the topic First option to buy in the forum Help Needed! https://www.propertyinvesting.com/topic/4387449-first-option-to-buy/#post-4557638 Fri, 08 Dec 2006 10:55:37 +0000 Hi Dr X,

Could you expand a little on what a “first right of refusal” is?

I too have a neighbouring house I would like to get hold of.
Would this help at all?

Giddo
http://www.standrewsplace.com.au

“I am not a religious man; but if you are out there somewhere Superman, save me now! -Homer Simpson

]]> 667c708d4fbf04a0b03fb8a2e6036a8f giddo replied to the topic Is anyone doing it tough? in the forum General Property https://www.propertyinvesting.com/topic/4385170-is-anyone-doing-it-tough/#post-4545906 Mon, 24 Apr 2006 01:33:13 +0000 Agree 100% with nearly all these comments.

I am currently wrestling with 2 of my grown up children who “should ” be much further advanced financially than they are.
Maybe they are happy to let ME do the hard yards and when I die they will get it!!?

One of them has just bought a 13k motorbike, supposedly to save money on petrol. Now he has to…[Read more]

]]> ad9710c6e9c0e06f7fc20fc483a0ec4a giddo replied to the topic Anyone heard of Hans Jakobi? in the forum Heads Up! https://www.propertyinvesting.com/topic/4385113-anyone-heard-of-hans-jakobi/#post-4545588 Tue, 18 Apr 2006 12:19:11 +0000 Yeah i clicked “yes” on a free offer from him one day, and after that he emailed me all the time. I got sick of his presence in my life and so clicked
“unsubscribe” and eventually cleared Hans from my E life.
Nothing unethical though I would say.

Giddo
http://www.standrewsplace.com.au

“I am not a religious man; but if you are out there somewhere…[Read more]

]]> 9af24aee2bad90fee69c02d028b87cc0 giddo replied to the topic A difference in perception!!! in the forum Value Adding https://www.propertyinvesting.com/topic/4385130-a-difference-in-perception/#post-4545691 Tue, 18 Apr 2006 12:12:09 +0000 You are a legend Dr X and congratulations on your healthy 9.6% gross return, as well as your CG.
The council rates – phwewph to that!

Sometimes I have tried to change some peoples limited view of their capabilities but without success.
Most people love to be stuck, and miserable, and if they can make you miserable too, they will.
I am sure that…[Read more]

]]> fd1c86d0d9724e4c455fb9d5bddffab8 giddo replied to the topic Guest houses in the forum Help Needed! https://www.propertyinvesting.com/topic/4385059-guest-houses-2/#post-4545323 Thu, 13 Apr 2006 02:12:27 +0000 What have you found with your research so far?

I am thinking that there are a lot of ppl with big super / redundancy packages who have bought B & Bs as a semi retirement option.

In my town anyway there are a few of these; and I can’t see how they are inreality making any real money.
Not a living I would say.
They do not need a living, and the B…[Read more]

]]> 702989cc3584ee61d93ecfeba83bedd5 giddo replied to the topic Serviced Appartments? Are they a good investment? in the forum Help Needed! https://www.propertyinvesting.com/topic/4385070-serviced-appartments-are-they-a-good-investment/#post-4545360 Thu, 13 Apr 2006 02:00:06 +0000 I have got 6 units in a regional centre which return nett 7%.

These have a good outlook for Cap Gains growth, as I built them next to an expanding hospital. We are on 83% occupancy and looking at a rent increase at the moment.
They are serviced and short stay. see my website below.
[cap]

Giddo
http://www.standrewsplace.com.au

“I am not a religious…[Read more]

]]> 6e383aaec52cf244c878051e89bcc38a giddo replied to the topic To build or not to build? in the forum No Subject https://www.propertyinvesting.com/topic/4384779-to-build-or-not-to-build/#post-4543908 Tue, 04 Apr 2006 21:09:10 +0000 er..no[blink]

Giddo
http://www.standrewsplace.com.au

“I am not a religious man; but if you are out there somewhere Superman, save me now! -Homer Simpson

]]> c478fa8d79788c68edfa245e29a782c0 giddo replied to the topic Is this a fair price? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384905-is-this-a-fair-price/#post-4544450 Fri, 31 Mar 2006 23:22:42 +0000 Maybe it is now past the time for price adjustments.
Presumably you were happy to list it at $265k in the first place.
The offer you have received is 2.9% less than the asking price.

Although we should never see a certain percentage discount as acceptable necessarily, it should not be too surprising.

When setting the original price maybe you…[Read more]

]]> 2fbc635a3e3b5d947f62f77be1d01915 giddo replied to the topic Making money from new homes in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4384557-making-money-from-new-homes/#post-4542798 Thu, 30 Mar 2006 23:40:28 +0000 I know an old bloke (probably only65 or so I guess) who is an ex farmer who gets builders to build new places s0 he can sell them for a living.

He is one of those careful, pedantic but clever fellows who is exceedingly careful about how he does it all.

He has enough $$$ from the sale of his farm to have 2 on the go at a time. This way he gets…[Read more]

]]> 6ad58769bbc88962555d614f18f8b7fd giddo replied to the topic Opinions re: how much work to do to this house in the forum Value Adding https://www.propertyinvesting.com/topic/4384850-opinions-re-how-much-work-to-do-to-this-house/#post-4544200 Sun, 26 Mar 2006 11:21:26 +0000 Hi Fharp,

I reckon you could certainly “REPAIR” a lot of these things and claim it as such in a few different stages.I suggest leave it at least 6 months first.

Hope you are making allowance for the repairs in your negotiations. I am sure you are. If so there is not such a problem.

This is not expert advice etc…[Read more]

]]> 8759f677c93ef873957c1deb89fb1edc giddo replied to the topic I need help please! in the forum Help Needed! https://www.propertyinvesting.com/topic/4384845-i-need-help-please/#post-4544180 Sun, 26 Mar 2006 00:40:24 +0000 URGENT URGENT

Look at your CG upside.
Is there any?
How much will you make +CF anyway.
If it is $10 per week for one and then $50 per week for 5 props; I would look carefully as to whether there is an upside in CG as there is not much cashflow coming in.

Think of it this way – if CG gain outlook is poor; would you borrow say 500,000 in order to…[Read more]

]]> 161208fbaa54695761b5081af943ec00 giddo replied to the topic Diploma of Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4384823-diploma-of-property/#post-4544103 Sun, 26 Mar 2006 00:26:44 +0000 My first reaction would be to cautious (I am naturally cautious anyway).

I reckon that your attitude to investment is as important as your knowledge. Sometimes more info seems to cloud peoples goals and they get analysis paralysis.[crying]

You know yourself best and can decide I am sure.
As they say knowledge is never a burden; but perspective…[Read more]

]]> 045898ee53671a313daada0b8d9b99b7 giddo replied to the topic Need a push to take the first step in the forum Help Needed! https://www.propertyinvesting.com/topic/4384813-need-a-push-to-take-the-first-step/#post-4544043 Sun, 26 Mar 2006 00:13:13 +0000 Yep Jarrah,
On reflection perhaps my post did sound a little negative.[ohno]

Truly, I would welcome more new investors to my town, as activity can only help the market. More investors MUST equal higherprices as time goes on. But a bit more competition for the bargains.[ohno2]

Good point about location though. I only buy in my own town as I know…[Read more]

]]> 3d81e2720d646497951b175b29a46de8 giddo replied to the topic Need a push to take the first step in the forum No Subject https://www.propertyinvesting.com/topic/4384813-need-a-push-to-take-the-first-step/#post-4544040 Fri, 24 Mar 2006 01:37:48 +0000 Hi Steeno,

You have already found out that the CF+ props have dried up since the last boom. [glum]
I don’t think they will reappear till the market drops further or rents shoot up.
Certainly you may find a few in rural areas but these are more risky.
I hate to be a wet blanket but at the moment, an investor needs to be pretty creative to make a…[Read more]

]]> 05624be20b826977ace0414ad3622653 giddo replied to the topic Am I Nuts - or am I making Money anyway? in the forum General Property https://www.propertyinvesting.com/topic/4384766-am-i-nuts-or-am-i-making-money-anyway/#post-4543838 Thu, 23 Mar 2006 05:08:27 +0000 Thanks Foundation,

I have read your very good posts before and I have a lot of respect for your good advice. You are one of the legends of this forum(and there are a few too).

I guess you are right about a lot of commodities gaining in cost quicker than my real estate. (inflation I think it is called)

I sincerely hope I am not in the position…[Read more]

]]> 4786eef7f151a6fe8e1be2156322ed6c giddo replied to the topic Am I Nuts - or am I making Money anyway? in the forum General Property https://www.propertyinvesting.com/topic/4384766-am-i-nuts-or-am-i-making-money-anyway/#post-4543832 Mon, 20 Mar 2006 04:00:32 +0000 Huge Terry Huge!! [exhappy]

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 814f8d1e6a40975267c5829d0307d7b5 giddo replied to the topic new to the game.. (longish post sorry) in the forum Help Needed! https://www.propertyinvesting.com/topic/4384745-new-to-the-game-longish-post-sorry/#post-4543705 Sat, 18 Mar 2006 23:52:44 +0000 Oh how I wish I had been as smart as you are when I was in my early 20’s!!
You doing v well at this stage, just planning your investment. A lot of people don’t get around to it till later in their life.(I am one of them)
There is absolutely NO DOUBT you will do well in the long term.

I am not a big fan of losing money each year hoping that CG…[Read more]

]]> 80bfd782e565fc94162f9f422ca252ed giddo replied to the topic Extensive Reno required in the forum Help Needed! https://www.propertyinvesting.com/topic/4384709-extensive-reno-required/#post-4543537 Wed, 15 Mar 2006 00:57:04 +0000 Hi leewizza,
You are one brave person.
My only suggestion would be to get a builder, plumber and sparky to look at it and give an estimate.
If you have a v good inpection service then maybe they could help.
I always think anything can be fixed up if the structure beneath is sound.
Sounds like you’ll need a big box of paracetomol to get thru this…[Read more]

]]> 4180e7bf928d5e0790dcf942444f9d07 giddo replied to the topic Is this A good Return? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384684-is-this-a-good-return/#post-4543436 Mon, 13 Mar 2006 23:58:22 +0000 Sounds like the biggest question is

“Will the value of the property RISE?’

I have no idea, like the others.
Good LUck![evo]

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 04af45f052bf36df514b6c3abeeb9750 giddo replied to the topic Question for everyone in the forum Help Needed! https://www.propertyinvesting.com/topic/4384693-question-for-everyone/#post-4543483 Mon, 13 Mar 2006 23:45:24 +0000 Hi Leebee1,

Others may disagree but I say – don’t buy in towns less than about 30,000.
There have been too many meatworks closures, mine shutdowns, rural downturns and there is the everpresent pop drift to the big cities in the past. These things are ongoing and usually unpredictable. Most smaller places rely on 1-3 industries.
If you do manage…[Read more]

]]> f9e614b98bcf31b60de90b98f98513f9 giddo replied to the topic Is it necessary to be ruthless? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384685-is-it-necessary-to-be-ruthless/#post-4543444 Mon, 13 Mar 2006 01:11:17 +0000 Interesting one Basil,

Sounds cliched but I think there will always be people who feel ok doing a dodgy deal and there will be others who are far too generous in their dealings.
I suppose most of us fit in between these two extremes.

I like to leave “something” in a deal for the other party, how much is ultimately determined by THEM.
After all…[Read more]

]]> ea599b47691f3fe6ec7a54ab73f8e945 giddo replied to the topic Salary Sacrificing -benefits? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4384459-salary-sacrificing-benefits/#post-4541821 Sun, 26 Feb 2006 00:13:58 +0000 Thank you for your comprehensive answer DEREK.
I employ myself thru a co structure so my interest is evident.
I am ringing my accountant.[biggrin]

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> dd2cd64dd0ee73e9b6c0acada9370738 giddo replied to the topic 2 houses on 1 block??? in the forum Value Adding https://www.propertyinvesting.com/topic/2-houses-on-1-block/#post-4541044 Fri, 17 Feb 2006 13:35:13 +0000 I suggest you draw up your own plans to suit the block, and then see nice draughtsman to draw it for you. They should know all the council requirements for building. Naturally you need to see the town planner prior tothis, to find out setbacks, carparks etc etc.

Yes it will all cost I am afraid. All except the council town…[Read more]

]]> aad3f792dac627ced94aca7906fe63b2 giddo replied to the topic Advice pls - How to get deal over the line in the forum No Subject https://www.propertyinvesting.com/topic/4384346-advice-pls-how-to-get-deal-over-the-line/#post-4541354 Fri, 17 Feb 2006 04:17:20 +0000 I know JUST how you feel ! [blink]

No matter how much you look; the return always falls short of the cost of holding the property! I reckon there are too many investors satisfied with 3-4% gross return.

On the other hand,I suppose if it were close to neutral as we all want, there would be heaps of people looking for them!

I have just bought…[Read more]

]]> a39d93932adb4a11860ae527c6fe663c giddo replied to the topic Excitement time - just boughta house n land in the forum No Subject https://www.propertyinvesting.com/topic/4384333-excitement-time-just-boughta-house-n-land/#post-4541287 Fri, 17 Feb 2006 03:50:56 +0000 Thank you all.

Yes DLPP, I think you are right – once the committment is made it is time to MOVE.

Every week I delay is a week later i will have a bit more $$ in my pocket!

I am thinking town planner first then surveyer.
I have never used a development co when I have done this stuff before I always seem to manage to wobble my way thru ok.
Do…[Read more]

]]> 7baed3c544b374039a8ab02ccb8fd03f giddo replied to the topic Excitement time - just boughta house n land in the forum No Subject https://www.propertyinvesting.com/topic/4384333-excitement-time-just-boughta-house-n-land/#post-4541284 Thu, 16 Feb 2006 01:34:07 +0000 SE Qld Sal…….

In my hometown where I know the market -where else???[exhappy]

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 8bdd229553a0ac5b0d211cbbcce05c0e giddo replied to the topic Help needed to ASSESS this deal please in the forum Help Needed! https://www.propertyinvesting.com/topic/4384199-help-needed-to-assess-this-deal-please/#post-4540759 Thu, 09 Feb 2006 00:16:49 +0000 Thanks ASDF and WORLDCHANGER,

By the way worldchanger, I saw the news last nite and I don’t like the way you are changing the world! At least I know whose fault it is now.[blink][biggrin]

The flats are currently on two titles i.e. 2 lots of 3.
So while rates are about $4k per annum, it is not as bad as if they were strata titled. They are able…[Read more]

]]> af1c4dc0105c89c1f26d177a81ddcf49 giddo replied to the topic +CASHFLOW AND TAX? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4384170-cashflow-and-tax/#post-4540603 Sun, 05 Feb 2006 00:29:27 +0000 Hi Felipe,
Yes if you make more money you pay more tax – however, you may be able to get a tax deduction via “paper” deductions. i.e. depreciation usually 2.5% on buildings and maybe 25% on furnishings portable.
Very complex area.

I am not qualified so do not take this as advice.

You could take this as advice if you wish –

Minimise tax where…[Read more]

]]> 3fc18114a4720df08486a571b7ad78b8 giddo replied to the topic What type of vehicle do you have ?? in the forum Opinionated! https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/8/#post-4524792 Sun, 05 Feb 2006 00:20:12 +0000 Gotta add to this thread again as I am changing cars.

I have sold my 98 SUBARU FORESTER GT. (privately)

Used the cash to buy a 1996 BMW 323i. (small body but 6 cyl )

Drives like a dream.

This is indeed a BOLD experiment for me. So far – great.[biggrin]

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> f0cbca933a4c1e26a5e88466a9a2e3d2 giddo replied to the topic cheap rent when renting from myself in the forum No Subject https://www.propertyinvesting.com/topic/4384130-cheap-rent-when-renting-from-myself/#post-4540366 Sat, 04 Feb 2006 23:55:52 +0000 Hi HB and DLHadden,

Thanks for your replies; especially yours DL which was info packed .
My home is part of a short term accomm complex and so GSt is collected.(and claimed) see our website.
I have been thinking about the future lately and this is part of the planning.
There would be a good sized CGT bill if we sold the whole thing.
I have just…[Read more]

]]> 36d57b5bae2895171e1b17022a33ef82 giddo replied to the topic cheap rent when renting from myself in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4384130-cheap-rent-when-renting-from-myself/#post-4540363 Sat, 04 Feb 2006 05:54:31 +0000 Yeh HB

Your name reminds me of a type of pencil I would use at school 45 years ago.
Are you thin?

You are right – I should have set up my affairs a bit differently.
However on the bright side I am 50 now and intend to keep the assett till I am over 55 at least. This allows me to put an amount equivelent to CGT into super which would help a…[Read more]

]]> 40c82b0b51a8776d57f5c8b7b4d3df79 giddo replied to the topic Explaining the Power of Leverage in the forum Finance https://www.propertyinvesting.com/topic/4384154-explaining-the-power-of-leverage/#post-4540476 Sat, 04 Feb 2006 00:28:05 +0000 I reckon REDWING was trying to assess whether the simplified explanation was going to be understandable to the novice.

YES it is able to be understood I think.

Of course the big problem in trying to explain leverage to the novice is their pre conceived ideas of RISK, INTEREST COSTS, RISK, WHAT THEIR RELLOS WILL THINK< RISK< AND RISK.

Most…[Read more]

]]> 19b4bc5f2818706c8225f96681de8924 giddo replied to the topic cheap rent when renting from myself in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4384130-cheap-rent-when-renting-from-myself/#post-4540361 Sat, 04 Feb 2006 00:01:34 +0000 YEP,
You guys are right…

I rent the home from my own company (half owned with my wife actually)

Need to pay market rent to my own co.
I also draw a small salary from my own company.

The best suggestion I have heard so far is to pay o rent and then pay FB tax. Thank you hb.

I would like to reduce the rent however as it s after tax dollars and…[Read more]

]]> 0c14467529a51f3c521a0d30903f03b3 giddo replied to the topic cheap rent when renting from myself in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4384130-cheap-rent-when-renting-from-myself/#post-4540356 Fri, 03 Feb 2006 00:26:46 +0000 Thanks HB that sounds like a good idea to me.

TerryW thank you for the offer I might just take you up on it please.
Sounds a little different to what I am doing currently but hey I am willing to change the arrangements if I can get a benefit.[rolleyesanim]

At the moment I own nothing.
My company owns all.
Any other ideas anyone??
I am not about…[Read more]

]]> d40064481d4551f9478b8b55d9f1a604 giddo replied to the topic Lease for life in the forum Help Needed! https://www.propertyinvesting.com/topic/4384119-lease-for-life/#post-4540303 Thu, 02 Feb 2006 04:37:34 +0000 Hello swoffer,

Do you reckon there is any upside for cap gain later onj, or are we looking purely at income?
Also, perhaps a check on body corp costs and any other levys?
I take it you mean a lifetime lease for the elderly tennants not your own lifetime.
Might not be a particularly long…[Read more]

]]> b71789bc9e2e657e9109387a1888630f giddo replied to the topic subdividing in the forum Help Needed! https://www.propertyinvesting.com/topic/4384126-subdividing-4/#post-4540327 Thu, 02 Feb 2006 04:32:09 +0000 I think this is a good strategy for making good use of your land, providing the demand is there of course.
It is a long journey however.
You need to consult your friendly town planner first, and the great thing is that it will cost you nothing to do this.
Then you have your usual architects/draughtsmaan, suryeyers etc etc etc.
I think development…[Read more]

]]> ca58bd06df423127d75a12988c68b895 giddo replied to the topic Do I build? Do I wait? in the forum General Property https://www.propertyinvesting.com/topic/4383981-do-i-build-do-i-wait/#post-4539679 Tue, 24 Jan 2006 00:47:10 +0000 My comment might be of lesser value, as I am a lonng way from Perth.
My thoughts are – Is there a really great reason why you would not fully utilise a triplex block?
I bet there is. You have probably identified a demand for houses have you??

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 5ec306ce0101a1d6d61d04b226ed2b2d giddo replied to the topic Advice please in the forum Help Needed! https://www.propertyinvesting.com/topic/4383940-advice-please-10/#post-4539493 Sat, 21 Jan 2006 00:34:15 +0000 Hey BDM,
What does “go sick” mean??

Does it mean “go mad” ????[confused2]

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 311bb52dbc6e1ef27788c14fb96e3294 giddo replied to the topic Homes seized in mortgage squeeze in the forum Help Needed! https://www.propertyinvesting.com/topic/4383913-homes-seized-in-mortgage-squeeze/#post-4539300 Thu, 19 Jan 2006 01:10:30 +0000 A lot of sensible people on this forum.
It can be dangerous to follow the herd, especially when the herd is led by a journalist who has as an agenda selling more papers and getting the story written in about 1 hour and getting on to the next story. (that is what they do)

I am doing what I think is right for ME at this time. That means I now have…[Read more]

]]> 430572a8c70d50740ef34aacea78d11a giddo replied to the topic Starting a company in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383862-starting-a-company/#post-4538943 Mon, 16 Jan 2006 23:53:32 +0000 I think (please correct me anybody)

If you own a company and are of mature years, you can :
sell your property
contibute lump to super on behalf of an employee (yourself)equivalent to Cg amount
pay 15% tax on contibution
avoid CGT
Collect when you are 55 subject to a maze of conditions
[blink]

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 50a0fd9f411c800afca70511ffcdb8ac giddo replied to the topic Initial Investment Strategy in the forum No Subject https://www.propertyinvesting.com/topic/4383638-initial-investment-strategy/#post-4537891 Fri, 30 Dec 2005 05:01:42 +0000 [medieval]

Great post Calvin.
Methinks the folks are well meaning but may from the old country or at least thinking old I’d say.
Zyleth it sounds like there are 2 conflicting agendas here. The folks are angling to keep you in OZ while you want your cake and eat it too! (sounds like myself)
Is my radar working here or am I way off? Am I being too…[Read more]

]]> 0cad426157dec7c4ec05722d9a00f84b giddo replied to the topic Boarding Houses in the forum No Subject https://www.propertyinvesting.com/topic/4383643-boarding-houses-2/#post-4537920 Fri, 30 Dec 2005 04:44:19 +0000 Wish I could help.Richard mentioned the 18% gross figure. I don’t know how he achieves it really. I can only get 12.7% gross out of mine. I am hands on (short stay units)and pay myself a small wage out of this and most of the rest goes to the bank in interest!
I too would like to know about the 18%.
How about it Richard? Do any capital gain fries…[Read more]

]]> 0564c3c8695859014adb851b448539af giddo replied to the topic Boarding Houses in the forum Help Needed! https://www.propertyinvesting.com/topic/4383643-boarding-houses-2/#post-4537918 Fri, 30 Dec 2005 00:55:12 +0000 Hey John, I guess you must live nearby then.
Local knowledge is always valuable.
Do you reckon you can break even after costs?
Maybe you should consider a 18 percenter in the deep north???

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> a9f0f2e2eae088ccc89e3bf76ecdd6d5 giddo replied to the topic Boarding Houses in the forum No Subject https://www.propertyinvesting.com/topic/4383643-boarding-houses-2/#post-4537916 Fri, 30 Dec 2005 00:38:30 +0000 52$k nett or gross before costs of management etc??
Newish building or older?

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 2dcda8a8c3d6ddaa32f9ea4cda12f5c3 giddo replied to the topic Yibbidah Yibbidah,Where to now?? in the forum Value Adding https://www.propertyinvesting.com/topic/4383456-yibbidah-yibbidahwhere-to-now/#post-4536843 Wed, 14 Dec 2005 01:30:14 +0000 gees Len I think I am just feeling unmotivated at the moment and reckon it it is easier to pick up 10-15% for doing nothing but waiting, than to going thru the uncertainty etc.
Sounds like you have a handle on what you are doing though.I have seen your name on this forum before and you are probably a more experienced investor than yours truly.
CGT…[Read more]

]]> 54d69d78cc8b163e8edc3369c0b24836 giddo replied to the topic Yibbidah Yibbidah,Where to now?? in the forum Value Adding https://www.propertyinvesting.com/topic/4383456-yibbidah-yibbidahwhere-to-now/#post-4536840 Mon, 05 Dec 2005 23:26:18 +0000 Hi Len,
You asked to be swatted.
What is your aim? To build and sell?
How much can you make? 20% ??
Where I am, I will probably pick up 10 % over the next 18 months just by waiting for the market to drop.
There you are – that was my best shot!

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 3b2972d55c6d2a4c3eec49b0661df085 giddo replied to the topic Agent tells me he is going to buy property in the forum General Property https://www.propertyinvesting.com/topic/4383216-agent-tells-me-he-is-going-to-buy-property/#post-4535476 Tue, 15 Nov 2005 23:57:13 +0000 Sounds a bit like he was trying to pique your interest by introducing some competition into the equation.
Backfired eh??

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 10e6a8def9a376d876553fcc97e57024 giddo replied to the topic Are YOU buying or selling in the forum General Property https://www.propertyinvesting.com/topic/4383153-are-you-buying-or-selling/#post-4535090 Tue, 15 Nov 2005 23:54:31 +0000 About to make an offer on a house.
Not selling any of my existing props.

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 3ef3b5c322da696e1ab31dda5521f9aa giddo replied to the topic HDT Question? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383033-hdt-question-2/#post-4534376 Wed, 09 Nov 2005 00:25:31 +0000 Perhaps your Trust or some other entity could transfer $$$ into company acc as a loan. Then the co could pay its bills until it gets an income.

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

]]> 888fd4fed080866e6c55857169932284 giddo replied to the topic What is your gearing ratio in the forum General Property https://www.propertyinvesting.com/topic/4383074-what-is-your-gearing-ratio/#post-4534653 Wed, 09 Nov 2005 00:20:23 +0000 2 properties

44% LVR

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

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