https://www.propertyinvesting.com/members/glenn1964/activity/ Activity feed for Glenn1964. Fri, 17 Apr 2026 21:15:14 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 68a688bfaa0c05d3c3f6a20e68aa0dcf https://www.propertyinvesting.com/topic/4385777-sam-saggers/#post-4549846 Wed, 09 Jun 2010 05:22:22 +0000 I agree with abbruzzis' comments above.I have also attended the seminar – but did not take up their mentoring program as I feel confident enough in my IP purchases.I also purchased a property with them just over a year ago.  Their forecasted growth for the property has not materialised and I do feel slightly disappointed – however, when I view…[Read more]

]]> d1926e1fbd59ef224185e23fd1b1e091 https://www.propertyinvesting.com/topic/4400001-acquiring-council-land/#post-4624775 Wed, 09 Jun 2010 04:59:39 +0000 Okay,I have had no responses to this post!!!Am I missing something obvious here or is this something of a legal minefield that no-one wants to comment on?

]]> d9cacb78cd091c4d6a955f454720a751 https://www.propertyinvesting.com/topic/4399986-is-anyone-a-past-or-current-member-of-destiny-financial-solutions/#post-4624724 Sun, 23 May 2010 21:37:53 +0000 I went to them for one related matter, and then got a whole heap of marketing talk and discussion about the benefits of joining Destiny.Overall, the original matter I went to see them about did not get addressed.  I felt pretty disappointed with that and haven't been back since.

]]> bc96ffbe2316980d9927242d0bc4d9bf https://www.propertyinvesting.com/topic/4399346-tarneit-melbourne/#post-4620856 Fri, 09 Apr 2010 00:57:32 +0000 Yes, I would say the same about Werribee.  However, I don't know if you are a first time investor!  I was when I bought in Wyndham Vale and was 'gun-shy' in spending too much first up.  Hindsight is wonderful however – should have taken the 'risk' and bought closer into the City.Further on Werribee, it is a relatively old and established area – so…[Read more]

]]> fdc83c2629cf71ce137d3f72cc29f475 https://www.propertyinvesting.com/topic/4399346-tarneit-melbourne/#post-4620854 Tue, 06 Apr 2010 02:30:41 +0000 I settled on a property in the adjacent suburb of Wyndham Vale in Feb 2007.  Purchase price was $237K.  Current value $323K.  As to why this area? – Well it was the very first IP that we brought and the price fitted our budget at the time.  However, I also brought in this area as my research showed that i) there was a "right-of-way" set aside for…[Read more]

]]> 4621e75d948bfb375e3db5aa1e54503a https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/13/#post-4602737 Mon, 15 Feb 2010 11:25:36 +0000 Mike,Thanks muchly.  Very helpful in determining whether to re-finance or not.

]]> 92d4e98ac5b33ae196e1714ff354333f https://www.propertyinvesting.com/topic/4396513-ppor-and-ip-account-structure/#post-4605448 Mon, 06 Jul 2009 09:25:57 +0000 Thanks everyone for your comments.

]]> 33e9ecce438341a608472ef62724bdce https://www.propertyinvesting.com/topic/4394686-pay-the-deposit-take-it-back-later/#post-4595463 Mon, 10 Nov 2008 11:03:02 +0000 Dear all,Thanks for your comments.At the risk of sounding naieve, I was hoping to return the initial deposit on the IP to my owner-occupied home, and get the mortgage payments back down or repeat the process and buy another IP.  Another approach perhaps is to re-finance the IP provided there has been sufficient capital growth and use a portion of…[Read more]

]]> ece38cf99afaa88589ec7968a52fa0bf https://www.propertyinvesting.com/topic/4394652-defence-housing-2/#post-4595232 Wed, 05 Nov 2008 11:31:39 +0000 The DHA investment homes are something I have tended to stay away from.In particular, one of the aspects of these investments is that rent is 'reviewed' annually and (apparently!) will never go down – only up based upon fair market rent.Sound okay!  Right?However, consider that most of the adjacent properties are also DHA homes – consequently,…[Read more]

]]> 9b7708848726314b0d469f0501cb42a9 https://www.propertyinvesting.com/topic/4394435-430k-to-375k-drop-please-help/page/2/#post-4594131 Tue, 28 Oct 2008 09:04:40 +0000 Hi mrh,Have you established a PAYG tax variation form for this property?No one else appears to be mentioning this – but I won't assume you know what it is.The process around this form is that you fill it out (perhaps with the help of a good accountant!) and put in your outgoings and incomings for the property.  This is then forwarded to the…[Read more]

]]> be2a561d3198618c8a44d0f40d446624 https://www.propertyinvesting.com/topic/4394507-when-can-a-landlord-increase-rent/#post-4594594 Wed, 22 Oct 2008 13:27:33 +0000 Thanks guys.  I've got what I need.

]]> 911eb3ab945484310cd634bfb5c8b148 https://www.propertyinvesting.com/topic/4394512-buying-a-principle-place-of-residence-in-craigiburn-tarneit-wyndam-vale/#post-4594608 Mon, 20 Oct 2008 11:23:20 +0000 Pat,My first investment property I have brought is in Wyndham Vale and it has performed to a satisfactory level since its purchase in early 2006.  I say this because we have got good tenants who pay on time, look after the place (last two inspections there has not been a carpet hair out of place) and happily absorb the rent increases.The earlier…[Read more]

]]> 9ec3f1a47d86e802450fad4847edc241 https://www.propertyinvesting.com/topic/4393851-national-rental-affordability-scheme-2/#post-4590986 Sun, 27 Jul 2008 00:56:06 +0000 What will be the impact to individual investors – like me (and you!).On the surface of it, I probably would have participated in the NRAS as an investor.  But, the Government only want to restrict this too larger financial institutions.  Why???As an "individual investor", why should I be excluded from such scheme?  From the article extracts on th…[Read more]

]]> 571f0f76ee4d9af81fa1297fb2e6c68f https://www.propertyinvesting.com/topic/4393751-high-rental-but-slow-capital-growth/#post-4590404 Tue, 15 Jul 2008 11:40:42 +0000 dosq,My suggestion would be to retain this property.From the figures you've put forward, this property appears to be positive cash flow – which is a good thing!  I would expect you're putting the surplus cash onto the interest only loan as well.One part I may be ignorant in here is your tax circumstances.  But, the positive cash flow you're g…[Read more]

]]> 920bf0e2c8abf34861518a9b2279aad8 https://www.propertyinvesting.com/topic/4393205-federal-budget-property-investors/#post-4587438 Sun, 18 May 2008 01:11:56 +0000 Just on the $8K potential rebate for renting 20% below market rates, this sounds of interest to me. I have a negatively geared property and should I lower the rent further then I get an $8000 tax deduction. Doesn't sound too bad! I have some excellent tenants in it at the moment – have been in there for 12 months now – and should such a…[Read more]

]]> ab65f7d775d41c0f3668a0bd9da1d34f https://www.propertyinvesting.com/topic/4393069-how-to-start-if-youve-got-no-money/#post-4586305 Sat, 03 May 2008 09:36:15 +0000 Hi emilypat,From your post, I can't help but feel inspired to see someone at your age ready to take a step out of their comfort zone. As I am in my forties I am hoping to retire in my mid-fifties and be financially independant. Starting at your age, the potential exists to be able to retire earlier than forty – and yes, beleive it or not that is…[Read more]

]]> 0a83ced14edb77716d05b4eb026cf008 https://www.propertyinvesting.com/topic/4392797-win-win-for-a-family-member/#post-4585315 Thu, 03 Apr 2008 13:05:45 +0000 To Scott No mates,Providing a loan is an option.To tammy,Thanks for the guidance here.To both,Overall, I was considering endeavouring to keep her costs low as her income is not great.I'll take your advice on board and discuss further.Thanks for the feedback.

]]> 56df2768a40e7636849baadd52b66012 https://www.propertyinvesting.com/topic/4392612-one-property-but-2-offers-what-to-do/#post-4584157 Wed, 19 Mar 2008 10:45:05 +0000 Tony B,Well, I am pretty new to property investment – in fact I only purchased my first investment propery in Feb 07.  However, it did take me 9 weeks to get to the sale.  During that 9 weeks, I had made offers on 5 other properties all with a 24 hour deadline for the vendor to accept or reject my offer – this allowed to move onto the next o…[Read more]

]]> 005afba011c1e00783490934c3665856 https://www.propertyinvesting.com/topic/4392086-chan-and-naylor-accountants/page/3/#post-4581566 Wed, 19 Mar 2008 03:20:41 +0000 Terryw,Yes, if you could please forward those links.Glenn

]]> e464b4a06cb0bec2d7182517d2c9ffa9 https://www.propertyinvesting.com/topic/4392086-chan-and-naylor-accountants/page/3/#post-4581564 Wed, 19 Mar 2008 01:25:29 +0000 Hi all,Being just new to this site, I hope that Ed is still available to take questions!.Ed, I recently met with a mortgage broker and queried setting up trusts. I also raised the prospect of setting up a hybrid trust. This broker mentioned that these are an excellent vehicle to support Property Investors achieve what they want to achieve – but…[Read more]

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