PropertyInvesting.com | GlennStaker | Activity https://www.propertyinvesting.com/members/glennstaker/activity/ Activity feed for GlennStaker. Sat, 11 Apr 2026 22:32:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 997ad8ae3fea6d7e53f89e7e99c5d15f GlennStaker replied to the topic negative geared and not working? in the forum Creative Investing https://www.propertyinvesting.com/topic/4404028-negative-geared-and-not-working/#post-4650513 Tue, 28 Jun 2011 03:30:01 +0000 Thanks Terry, i'll work on it.

]]> b27f5fffb720dfffd69d4b6199ee43da GlennStaker replied to the topic negative geared and not working? in the forum Creative Investing https://www.propertyinvesting.com/topic/4404028-negative-geared-and-not-working/#post-4650511 Mon, 27 Jun 2011 06:27:54 +0000 hi folks,thanks for the advice, all good points.we're currently renting so there's no PPOR loan that we can pay off.We lived in her property for 1yr but moved out a few months back (it's too small for us to live in now). Also they're all interest only  set ups with a mix of variable and fixed interest.at this stage we do intend to some day use th…[Read more]

]]> cbae278c8b2def679985d02d791e5f04 GlennStaker replied to the topic Help - Why won't anyone rent out my investment property :-( in the forum Hi Chelkin,I work for a Real https://www.propertyinvesting.com/topic/4399064-help-why-wont-anyone-rent-out-my-investment-property/page/2/#post-4618996 Sat, 13 Mar 2010 00:02:09 +0000 Hi Chelkin,I work for a Real Estate office on the Gold Coast that have rentals in your area and throughout the GC. What you need to know is that after a property is advertised for around 4 weeks it becomes "stale"…which means all of the current renters in the market have looked at the property and decided that it's not for them for reasons such…[Read more]

]]> a2a8d226cba31d953b0c6fb8a2d06f69 GlennStaker replied to the topic realestate or broker course in the forum I've done the queensland https://www.propertyinvesting.com/topic/4398999-realestate-or-broker-course/#post-4618557 Sun, 07 Mar 2010 11:18:22 +0000 I've done the queensland real estate REIQ course…..it goes for 5 days and costs around 750 bucks. It's worth doing if you want to learn how agents operate and the process/documentation of buying/selling/property management……so if that's what you're after then go for it. I did the course and went into real estate sales on the Gold Coast.…[Read more]

]]> e6af5b13b164627d63ac4b4110710a27 GlennStaker replied to the topic Does Pre-Approval mean nothing? in the forum Finance https://www.propertyinvesting.com/topic/4397025-does-pre-approval-mean-nothing/#post-4608098 Fri, 21 Aug 2009 23:34:02 +0000 whatever the case it's terrible for their reputation…..we basically blame ING for what looks like us losing the contract. We had 28 days for finance on a 30 day contract….after we originally had 14 we got an extension because they were taking so long. They told us after 18 days that it was a no go so we've had 10 days to try to get finance…[Read more]

]]> c013930f0cf37192612a0aafc081ab6f GlennStaker replied to the topic renovating for rents, renovating to sell - different priorities? in the forum Value Adding https://www.propertyinvesting.com/topic/4392445-renovating-for-rents-renovating-to-sell-different-priorities/#post-4583380 Fri, 19 Sep 2008 03:05:19 +0000 i agree with banjoi tend to think that most of the stuff you do is fairly similar…..but you do need to have your target market in mind when renovating to sell or rent out….. i may cut some corners on some of the finer finishing touches if the place is to be rented. A renter wouldn't put near as much time into inspecting the place and it's s…[Read more]

]]> 30ada29db462c925ce9adf67a445a87e GlennStaker replied to the topic Depreciation Reports in the forum General Property https://www.propertyinvesting.com/topic/4394264-depreciation-reports/#post-4593064 Fri, 19 Sep 2008 02:52:09 +0000 you should be able to get your accountant to do a depreciation report at tax time…….they should have a list of items that you can depreciate and it's a matter of estimating the value of each of those items. you should be able to do this with no inspection required………i believe you can get a quantity surveyor to do this report instead if…[Read more]

]]> 31d2cfc345cbb63f91530b15e7bcfb0e GlennStaker replied to the topic Bathroom reno in the forum Value Adding https://www.propertyinvesting.com/topic/4393496-bathroom-reno/#post-4588976 Wed, 18 Jun 2008 19:36:09 +0000 u can get alot of useful stuff from your local tip shop or lifeline / salvos type stores including basins, tiles, mirrors etc even tools like tile cutters. sometimes people have heaps of tiles left over and just take them to the dump or the op shop. ikea/bunnings/spotlight can be good for accessories like towel racks / toilet roll holders /…[Read more]

]]> 782d2d5a415e047ec83c5bc45c910ec4 GlennStaker replied to the topic What type of vehicle do you have ?? in the forum im really happy to see lots https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/11/#post-4524846 Mon, 04 Jun 2007 14:08:17 +0000 im really happy to see lots of other ppl driving crappy cars also….its just been a case of trading down over and over for me over the last few years. ive owned a wrx, a civic with wheels worth 3600??? stupid yes…a black veilside supra….downgraded from the supra to a honda accord just before i bought my first house….then downgraded from a…[Read more]

]]> 8a6dc00817d791b9fa832f06011b4de6 GlennStaker replied to the topic i know i can afford an i.p. but the bank doesnt in the forum Finance https://www.propertyinvesting.com/topic/4387693-i-know-i-can-afford-an-i-p-but-the-bank-doesnt/#post-4558762 Wed, 07 Mar 2007 16:23:14 +0000 so my i.p. went unconditional today….settlement is not until may 1 though. i’m interested to know what you finance ppl out there think i should concentrate on now. i’ve made this step of getting my first i.p., what next?

at the moment:

ppor – owe 309k valuation 380k P+I
i.p. – owe 230k (inc fees) valuation 220k I.O. renting for only…[Read more]

]]> 8b93a86e6f60826308e8a5bb7d17ccbf GlennStaker replied to the topic Interest Only Loans in the forum Finance https://www.propertyinvesting.com/topic/4388510-interest-only-loans-16/#post-4562619 Thu, 01 Mar 2007 16:41:55 +0000 Originally posted by Mortgage Hunter:
Originally posted by 65ens:
i am nowhere near as experienced as all of these guys but the way i look at the I.O. vs P+I scenario is like this:

say if i buy a house for 100,000 and then sell that house for 175,000 in 5 yrs time creating a 75k capital gain.

If i had the loan set up as P+I i may have paid…[Read more]

]]> ee6c3bcd051c3410c60b34db49534f2d GlennStaker replied to the topic Interest Only Loans in the forum Finance https://www.propertyinvesting.com/topic/4388510-interest-only-loans-16/#post-4562616 Wed, 28 Feb 2007 19:10:22 +0000 i am nowhere near as experienced as all of these guys but the way i look at the I.O. vs P+I scenario is like this:

say if i buy a house for 100,000 and then sell that house for 175,000 in 5 yrs time creating a 75k capital gain.

If i had the loan set up as P+I i may have paid 50,000 off the principal. So i would receive a “profit” of 125k when i…[Read more]

]]> 704da484d5b11ce9c1d4e8cf84b5714f GlennStaker replied to the topic i know i can afford an i.p. but the bank doesnt in the forum No Subject https://www.propertyinvesting.com/topic/4387693-i-know-i-can-afford-an-i-p-but-the-bank-doesnt/#post-4558757 Fri, 16 Feb 2007 17:19:27 +0000 well folks i just thought i would update u all. i now have a contract on my 1st I.P for 220k. a 2 bed in a block of 4 at palm beach on the gold coast, 250m from the surf.

the wisest thing i did was speak to a finance broker rather than the bank manager. she came up with many new and inventive ways for me to get the money i needed. i was also…[Read more]

]]> f7b1e6e0814da42d4bace691c505bac4 GlennStaker replied to the topic Installation of new bath room in the forum Value Adding https://www.propertyinvesting.com/topic/4387562-installation-of-new-bath-room/#post-4558173 Fri, 15 Dec 2006 03:59:20 +0000 oh and with the toilet…i left my original toilet base there and got a replacement cistern and lid from bunning for 60-70 bucks. it also includes the piece of plastic between the lid and the cistern to hide the pipe and give that modern look. it totally looks like a new toilet.

]]> 16f93aad9cffc270dc6dc37ab3184c13 GlennStaker replied to the topic Installation of new bath room in the forum Value Adding https://www.propertyinvesting.com/topic/4387562-installation-of-new-bath-room/#post-4558172 Fri, 15 Dec 2006 03:57:40 +0000 a few other ideas:

i got my vanity with semi recessed bowl and 2pac doors from ebay – $400

i got a MASSIVE rectangular mirror from lifeline for 20 dollars. – it had a crappy old copper frame on it. i removed the frame and all of a sudden i have a trendy frameless mirror!!! it looks a treat and opens the whole bathroom up. mounted with liquid…[Read more]

]]> d147b1627f7fcfd3c23f91f7c5f7cf4b GlennStaker replied to the topic Finding Money in the forum Help Needed! https://www.propertyinvesting.com/topic/4380537-finding-money/#post-4518426 Tue, 31 May 2005 11:37:24 +0000 gday,
well 8 months ago i had a sports car with alot owing and was renting with absolutely no savings. so i decided it was time to buy a house.

u must look at everything in your life and decide how to save money. i sold the car and got a little 4 cylinder, i sold everything i could think of that i no longer used on ebay. i did not indulge for 6…[Read more]

]]> 9f2fbc211b85dc606640f185cc6175f1 GlennStaker replied to the topic The Investors Club - Just a bit more... in the forum Opinionated! https://www.propertyinvesting.com/topic/4380285-the-investors-club-just-a-bit-more/#post-4516511 Fri, 20 May 2005 17:00:43 +0000 i used to date a girl whos father was a support member and i ended up on the mailing list.
interesting to notice that on one of the charts their gold coast properties have had an amazing 0.00% vacancy rate for as long as i can remember.

]]> 7e55c29cadc16068b02b2271752220a1 GlennStaker replied to the topic Bought first house.....where do i go from here? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380333-bought-first-house-where-do-i-go-from-here/#post-4517022 Thu, 19 May 2005 07:41:27 +0000 well folks you will be happy to know that i got a offset account set up when i got the loan. Im paying extra on the loan as well as putting all savings into this account.

Im thinking that maybe when i get an IP i may be able to draw from this offset as emergency funds for the IP…eg breaks downs, maintenance type things.

i have no ties etc so…[Read more]

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