https://www.propertyinvesting.com/members/goldies/activity/ Activity feed for goldies. Mon, 06 Apr 2026 00:37:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 3a1e0c8b3c1261de9348b3eb31ca51bb https://www.propertyinvesting.com/topic/4407070-valuers-2/#post-4673359 Thu, 12 Jul 2012 07:44:13 +0000 So if I want a valuation, I should tell them its because my husband left me or my parents died then it will come back higher???? What the?

]]> d306ee48158836c5683d0e726f719f2e https://www.propertyinvesting.com/topic/4407073-selling-my-ex-ppor-to-tenants-advice/#post-4673373 Thu, 12 Jul 2012 07:36:50 +0000 Thanks guys. Let's not even begin to discuss bank valuations at the moment!!! I am still waiting on their reply. Shall let you know how it goes.

]]> e896bc6a1c25bd2701636cfdf98cf2ec https://www.propertyinvesting.com/topic/4405993-stressed-please-explain-this/#post-4664696 Sat, 03 Mar 2012 09:27:29 +0000 Think I might start private messaging the people who actually assist with their comments and read your posts properly.@Paullie – re read the post and then make a comment if you feel you can contribute in a positive way. I said there were 2 issues with servicability and 1 of them is that CBA is only taking into account $210 a week rent of $300 and…[Read more]

]]> bdd86e02714539aa483ff4e068c55475 https://www.propertyinvesting.com/topic/4405993-stressed-please-explain-this/#post-4664692 Fri, 02 Mar 2012 08:00:23 +0000 So turns out CBA's lending policy no longer suits me as an investor. Had discussions with Broker and we have a plan to get this purchase through and then we will head elsewhere to another bank who takes into account 80% of rental income, not a significantly lower amount…Interesting what you find out from your broker when they have spent hours on…[Read more]

]]> 1f9c131ecc095dafdb7414acd77e6307 https://www.propertyinvesting.com/topic/4405993-stressed-please-explain-this/#post-4664688 Thu, 01 Mar 2012 12:21:49 +0000 this is the first time I have used a 'specialist investment broker' and we've had so many issues. I went straight to CBA the last 3 times and not a worry in the world. Just seems so strange to me. I cant work it all out

]]> 85832ec3f005e94afeab49f00fa9b4da https://www.propertyinvesting.com/topic/4405993-stressed-please-explain-this/#post-4664686 Thu, 01 Mar 2012 12:14:06 +0000 my main issue is how they can decide to assess the rental income at $210 and not the $300 we are actually getting citing the reason of '$210 is market rent' this is why i am so annoyed.how can it be market rent if we are getting $300 a week???

]]> ec0391bf20b679cb2f324731200fdd22 https://www.propertyinvesting.com/topic/4405882-2-houses-1-title-pros-and-cons/#post-4663902 Thu, 23 Feb 2012 03:08:28 +0000 Ok so we have the contract, it is 2 houses, 2 titles, sold in 1 line. The building report shows no fire wall seperating the 2….Have I hit a mini jackpot here now that I can sell them off individually or could I be missing something? seems to good to be true….

]]> 5ab624f2556d9b6466c64f20a5149871 https://www.propertyinvesting.com/topic/4405726-starting-renovations-before-settlement/#post-4662707 Fri, 17 Feb 2012 12:52:24 +0000 we've had early access previously on a property – 2 weeks – so we could renovate a property, was tough getting it past vendor's solicitor but it worked.A good option also is to ask for an extended settlement with early access – I have currently got  an offer on a property that i have requested for a 27th April settlement date, approx 9 weeks, b…[Read more]

]]> 2240e2d9cfe677db4b90701947936d15 https://www.propertyinvesting.com/topic/4405882-2-houses-1-title-pros-and-cons/#post-4663900 Fri, 17 Feb 2012 07:11:46 +0000 The median house price is $200000 approx. We got both for $182000.

]]> 6b83352f5444c8ec228a3367fad24b97 https://www.propertyinvesting.com/topic/4405882-2-houses-1-title-pros-and-cons/#post-4663899 Fri, 17 Feb 2012 07:10:51 +0000 Hi Jamie, I have my fingers crossed that I am onto a real winner later on down the trackFirst and foremost the cash flow is brilliant 14.8% after spending approx $12k on renovations for each house. ( we do it ourselves so don't pay labour costs) and its in a town experiencing good growth with rental yields having recently gone through the roof…[Read more]

]]> 21664c952e8494253978c63a9e53728c https://www.propertyinvesting.com/topic/4405882-2-houses-1-title-pros-and-cons/#post-4663897 Fri, 17 Feb 2012 05:55:16 +0000 Its 2 seperate houses. They come up as seperate numbers on RP data, have their own blocks but have been sold as one, there is 1 contract. there is 1 wall that joins them2 x 3 bedroom houses. 1 is currently vacant

]]> decb8852af84a11d0bfbf418a6858f2a https://www.propertyinvesting.com/topic/4405847-duplex-valuation-question/#post-4663645 Fri, 17 Feb 2012 00:54:47 +0000 So Andrew are you saying that it would be favourable if they did the same for us, compared ours with stand alone houses?So they would compare stand alone 3 bedders to ours etc? I have looked at unrenovated comparables, 3 bed , 1 bath, stand alone houses within 500metres of ours and they are going for $200k each but they have a garage or carport.…[Read more]

]]> b196c5fdfae3be16bec26d0287c4bbc5 https://www.propertyinvesting.com/topic/4405756-do-valuation-disputes-ever-go-our-way/#post-4662903 Tue, 14 Feb 2012 03:35:59 +0000 I think we will stick with CBA but just have less funds to withdraw for next project. It just means our reno budget for next project comes down a little for the time being.I guess it is ok in one way, we can still draw money out for next IP, but we have more room to move in the future if the property could sell for $210k then in 12 months time or…[Read more]

]]> 25a168c568c7f5e319daf3052690aa05 https://www.propertyinvesting.com/topic/4405856-hi-4/#post-4663693 Tue, 14 Feb 2012 01:51:37 +0000 Welcome to the forums. I hope you learn everything you need to by using these forums. I know i do!

]]> 657fdc70e2532113ecbfb912c755fcb1 https://www.propertyinvesting.com/topic/4405756-do-valuation-disputes-ever-go-our-way/#post-4662901 Tue, 14 Feb 2012 01:50:46 +0000 Ok so CBA have left the reval at $185k even after the 2nd dispute.Will ask my broker about ANZ costs etc. See if it is worth it or not. Such a shame really!

]]> d26c8890fc821b5e6bf987f812216b73 https://www.propertyinvesting.com/topic/4405756-do-valuation-disputes-ever-go-our-way/#post-4662898 Mon, 13 Feb 2012 07:17:32 +0000 update on the saga, got a reval from ANZ for free, no application required as part of one of their packages – came back today $210k which is spot on. How could they be so different?And to refer back to previous comments, we have no put any applications in at all. The CBA valuation we paid for upfront before submitting application to ensure we had…[Read more]

]]> b786660ca0b6b163081f96d5edf92fc8 https://www.propertyinvesting.com/topic/4399290-do-you-have-any-ip-in-moree/page/2/#post-4620505 Sun, 12 Feb 2012 08:51:54 +0000 my house in chester street survived. I wouldnt buy in North moree due to flooding. Make sure you check if the property you are looking at is flood free. or 'on the high' side. Agents should be able to tell you that.

]]> 7c6dd1b1124593c63c61ea1ca5e34f9d https://www.propertyinvesting.com/topic/4405794-western-sydney/#post-4663194 Tue, 07 Feb 2012 09:21:25 +0000 There are good and not so good pockets of the Mt Druitt area. I have a property in Hebersham. Bought it for $230k November 2010 –  it is a small 4 bedder. We repainted, got new flooring and did a big make over of the backyard and the rent appraisal went forom $330 a week to the $380 that we got from day 1. Had a tenant move in day after s…[Read more]

]]> 8ec21d150e6618a14510c51bffc50ffd https://www.propertyinvesting.com/topic/4405756-do-valuation-disputes-ever-go-our-way/#post-4662894 Wed, 01 Feb 2012 04:32:37 +0000 OK… RESULTS ARE IN. VALUATION HAS STAYED AT 185K. I AM WAITING ON THE EMAIL SO I CAN SEE THEIR COMMENTS. YES WE USED A BROKER AND THIS WAS DONE BY CBA'S VALUER – WHOEVER THAT WAS. THINKING WE WILL DISCUSS STRATEGY WITH BROKER AND POSSIBLY END UP USING ANOTHER LENDER. LAST TIME WE USED CBA WE SUBMITTED APPRAISALS AND RECENT DATA AND THEY MATCHED…[Read more]

]]> 9407e765cb6f0232004e123b5017de3d https://www.propertyinvesting.com/topic/4405756-do-valuation-disputes-ever-go-our-way/#post-4662892 Wed, 01 Feb 2012 03:07:30 +0000 WE SHOULD FIND OUT RESULT TODAY. ALL THE EVIDENCE FROM AGENTS WAS SUPPLIED FOR THE DISPUTE SO I CAN ONLY HOPE THEY GET IT RIGT. EVEN IF THEY CAME IN 10% UNDER THE AGENTS OPINION AT 215K I WOULD BE MUCH HAPPIER. WILL LET YOU KNOW THE OUTCOME. SHOULD I USE A DIFFERENT LENDER IF THEY DECIDE TO KEEP THE VALUATION AT 185K AND HOPE FOR A MORE ACCURATE…[Read more]

]]> a22836b482082260615f6641abcfbcc2 https://www.propertyinvesting.com/topic/4405554-2012-investing/#post-4661568 Tue, 17 Jan 2012 13:35:32 +0000 2011 – my husband and i jumped into investing, we bought 3 investments in 2011. Waiting for the reval of the 3rd investment which is due back this week.2012 – I am excited! Exchanging on a house in a weeks time – large renovation project in a Regional NSW town. .We seem to have to buy, reno, hold, reval down pat so time to learn something…[Read more]

]]> b5610ed015061553f88bc9e0eb22799a https://www.propertyinvesting.com/topic/4405293-busting-to-invest/#post-4659557 Mon, 05 Dec 2011 08:09:33 +0000 Thanks Andrew. Its hard to believe how far we have come in 12 months. Sat and reflected on it last night. Then got a call today that our house in another Regional town of NSW is about to be rented for $300 a week. Bought it for $130000…So, off to the broker we go again and may be looking to buy again before Christmas!ADDICTIVE!

]]> 79fa8d83ff124f4301afefd7d36877e3 https://www.propertyinvesting.com/topic/4405344-buying-land-with-no-intention-to-build-what-does-bank-think/#post-4659895 Mon, 05 Dec 2011 07:56:54 +0000 blonde moment… sorry!

]]> 4d404f83a4d64ee3cd30e54cdf49f10a https://www.propertyinvesting.com/topic/4405344-buying-land-with-no-intention-to-build-what-does-bank-think/#post-4659893 Mon, 05 Dec 2011 07:52:55 +0000 Not sure how to PM from this site? or find your email address…

]]> 27c2d72e1a9820bd1ce6a5421730eeaa https://www.propertyinvesting.com/topic/4405344-buying-land-with-no-intention-to-build-what-does-bank-think/#post-4659891 Mon, 05 Dec 2011 07:47:17 +0000 I have $6000 for deposit – so would be borrowing 80%

]]> ad1cc84fefe90cebcb94eb31807d1e87 https://www.propertyinvesting.com/topic/4405344-buying-land-with-no-intention-to-build-what-does-bank-think/#post-4659889 Mon, 05 Dec 2011 07:36:53 +0000 Hi Michael thanks for the input.The land is about $30000. Very cheap. its in a future growth precinct with plans for a town centre, residential and commercial premises within 15 years. Its on the relevant state's Planning website…Guess i may need to do more research before i ask the banks.

]]> a4cd20c1088f50ef968c5abc40b3dd73 https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659847 Sun, 04 Dec 2011 13:52:57 +0000 Nope that didnt help.I dont need definitions of words, thanks. Wont be reading your book either.

]]> 6bbe8308b2d125050547b1d0cff48998 https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659846 Sun, 04 Dec 2011 13:52:07 +0000 Nope that didnt help.I dont need definitions of words, thanks. Wont be reading your book either.

]]> 1149430250c941e8672dae398d9a0e11 https://www.propertyinvesting.com/topic/4405293-busting-to-invest/#post-4659555 Sun, 04 Dec 2011 12:26:37 +0000 Welcome to the forum. I am 26 years of age and feel like i started too late! I picked up steve's book 18 months ago and i am also now addicted. But what a great addiction it is. After what felt like a horrid start to investing due to being told i couldnt or shouldnt do it by various people including the 'loan lady' at St george, i now own 4 i…[Read more]

]]> bae3615207fdeecce22ae2d6387926fa https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659843 Sun, 04 Dec 2011 12:02:41 +0000 I am very confused. You say that you should have your spouse living in your property even if it is in Alaska, because we should have a person with whom we have a primary relationship with in our properties?? and we can keep in touch by using computers??Luke86 – I dont think you are not intelligent enough to understand. I think you are not…[Read more]

]]> 819b1f7f84b2101083d23aa79fa53bd7 https://www.propertyinvesting.com/topic/4403816-cosmetic-renovations/#post-4649058 Thu, 21 Jul 2011 01:10:10 +0000 are you willing to share the reval if it has been done yet?

]]> 4ba8aad0a6ad673d0ba81afa6b22f80b https://www.propertyinvesting.com/topic/4404026-finance-structure-for-beginners/#post-4650469 Tue, 05 Jul 2011 06:47:25 +0000 Shape: Can you please discuss a standard equity release with a standard split loan in more detail for those of us with equity who want to use it for the next IP?

]]> dae13f7b26f09804313010614c71b40d https://www.propertyinvesting.com/topic/4393548-robert-kiyosaki-3/page/2/#post-4589306 Mon, 30 May 2011 23:45:53 +0000 SORRY ABOUT CAPITALS MY PHONE IS PLAYING UP. MY FAVE RK BOOK IS 'IF YOU WANT TO BE RICH, DONT GO TO SCHOOL' AS THIS IS EXACTLY HOW IVE ALWAYS FELT ABOUT SECONDARY SCHOOLING AND UNI. I FOUND THE BOOK WITH TRUMP VERY BORING AND DIDNT FINISH IT. I WAS GIVEN HIS NEWER BOOK 'BUSINESS OF THE 21ST CENTURY' RECENTLY BY SOMEONE WHO SAID THEY 'HAD  GREAT…[Read more]

]]> d1f9d4b03099c108ca3c265c78295f96 https://www.propertyinvesting.com/topic/4403703-adding-family-member-to-a-title/#post-4648175 Mon, 23 May 2011 03:43:58 +0000 THANKS TERRY

]]> eada4431f38bec3f0f60d6b6d1f0c4c7 https://www.propertyinvesting.com/topic/4403703-adding-family-member-to-a-title/#post-4648172 Sun, 22 May 2011 23:06:00 +0000 ITS A SIBLING AND I AM IN NSW….

]]> 4b4b5f35ddc7d54d4090efe660543a53 https://www.propertyinvesting.com/topic/4402654-whos-doin-what-in-2011/page/2/#post-4640912 Mon, 28 Mar 2011 09:47:28 +0000 2011…. Property * Getting PPOR valued in 2 weeks after renovations  have taken place over last 4 months. Fingers crossed for a good result so we can use equity for more IP purchases* Buy another IP.  (First bought in 2010). Either a simple set and forget positive cashflow in a Regional NSW town or a local reno job – looked at a 2 bedroom hou…[Read more]

]]> 098b7903dc080ae9d9bd3a657abbb1af https://www.propertyinvesting.com/topic/is-leumeah-nsw-a-good-investment/#post-4643946 Tue, 22 Mar 2011 09:26:39 +0000 South western is the south west suburbs of sydney which includes Campbelltown as a whole and plenty of suburbs within it like Leumeah, Airds, Bradbury, Minto etc I bought an invesment in one of those 'areas' where police wont head down and buses get cancelled and pizza places wont deliver to. My tenant is always 1 week ahead of her rent, the…[Read more]

]]> f6bb1e61466fd6f41d5607c2fcac9b6a https://www.propertyinvesting.com/topic/4403102-moree-houses/#post-4643887 Mon, 21 Mar 2011 09:29:10 +0000 Can i ask why you would go and see the properties first? Is it only in Moree you would do this or do u do this with all your properties??

]]> 53715dff4a48154bece6e2782d788883 https://www.propertyinvesting.com/topic/is-leumeah-nsw-a-good-investment/#post-4643943 Mon, 21 Mar 2011 09:21:56 +0000 Hi thereLeumeah is a low – mid socio economic type area with a high population of renters and families. You will have no problem renting the place out. You will have no problem with achieving the rent you want. I was going to buy a 4 bedroom villa a few suburbs over from that and i had 2 ladies in my office at work offering me very high rental…[Read more]

]]> 2730fb172def09497b598876151dabc3 https://www.propertyinvesting.com/topic/4402517-ok-here-we-go/#post-4640035 Thu, 20 Jan 2011 22:21:33 +0000 P.S Read Margaret Lomas' book – 20 must ask questions for a property investor. I used this book to purchase my first property. You do not need to spend thousands on a buyers agency when this book cost $20…..P.P.S: just do it!

]]> 6c3e7607c9cc8bf889476c2aee64dc9a https://www.propertyinvesting.com/topic/4402517-ok-here-we-go/#post-4640034 Thu, 20 Jan 2011 22:18:59 +0000 Hi There,Sounds to me like you are investing without being really sure what it is you want to achieve? My husband and i just bought our first investment in a 'not so nice' area which pays itself off and we dont have to put a cent into it. Its our first Ip and it has not caused us one bit of stress because we have reached out goal of having a IP…[Read more]

]]> 2ed6c0b3b2373d523e49203806248d3c https://www.propertyinvesting.com/topic/4402368-finding-ip-no-2/#post-4639227 Wed, 12 Jan 2011 10:30:18 +0000 i agree with Jamie. Oneof the best $20 i invested! Don't spend $2000… buy a few of Margaret Lomas books. She also has podcasts available with suburb reports that talk all about a particular suburb for investing purposes. THey are $8 to download… and they are yours to listen to over and over on an Ipod or MP3 player…..

]]> 96c29296d058f08537c529ae901563ca https://www.propertyinvesting.com/topic/4401247-motivation-for-life-partner/page/2/#post-4632134 Wed, 12 Jan 2011 09:37:30 +0000 I sat down with my hubby after a nice dinner together with a big pad of butchers paper ( i am a trainer so i use it in classes ) We talked about ALL the things in life we wanted to achieve first. We put down our most outrageous dreams and goals for ourselves as individuals and then as a couple. Then we looked the most achievable and decided to…[Read more]

]]> a9e5489fb65e258512a48a191babf0e6 https://www.propertyinvesting.com/topic/4402285-house-for-under-30000-where-would-you-buy-in-nsw/page/2/#post-4638709 Fri, 07 Jan 2011 11:36:04 +0000 Hi Jacqui,I bought through Eliot Shiner, First National and they have a great reputation. The agent was Helen. No crap from her, just straight down the line. Emily is my Property Manager. Their property management is brilliant. I find Hilton Parkes First National are overpriced.

]]> 7f591d97bbcad9bbf58d84abc8220a0c https://www.propertyinvesting.com/topic/4402131-wider-motivations-for-investing/#post-4637758 Mon, 03 Jan 2011 09:12:04 +0000 I am 25 and have realised i am sick of working for other people.I hate with great passion, the sound of an alarm clock in the morning. I want to work my own hours when i want toI am addicted to property… yes i have taken the first step and recognised my addiction I will sit on websites all day every day looking at properties, crunching the…[Read more]

]]> 119c63bf9fd6eddc3b8fcbc6edb5136c https://www.propertyinvesting.com/topic/4402285-house-for-under-30000-where-would-you-buy-in-nsw/page/2/#post-4638705 Mon, 03 Jan 2011 08:11:09 +0000 Its a 4 bedroom house…. on a 580sqm block. Not a granny flat.

]]> f49d93b554d3383f45513dec249bd626 https://www.propertyinvesting.com/topic/4402285-house-for-under-30000-where-would-you-buy-in-nsw/page/2/#post-4638704 Mon, 03 Jan 2011 08:09:13 +0000 $380 a week is top dollar, i was even surprised!A few factors:A damn good property manager There werent any 4 bedroom houses available for rent in the Mt Druitt area at the time The tenants marriage had broken up and she needed somewhere to live asapWe allowed a petComplete new paint carpet and floors so it had a new house feelingSingle lock up…[Read more]

]]> 6dfb08efd3c4822653c1448a9299af0c https://www.propertyinvesting.com/topic/4402309-what-is-a-good-renovationdiy-book-for-ideas-on-how-to-keep-costs-down-and-also-how-to-do-things-with-doing-own-reno/#post-4638856 Sat, 01 Jan 2011 11:38:01 +0000 Hi, i found the how to guides at Bunnings quite good. They have ones on how to prepare for painting, how to build a deck etc etc.They are easy to read. They also have a good magazine they sell at Bunnings that i pick up occasionally but i am not sure what it is called…Anything that Cherie Barber and her partner have written is great too. If you…[Read more]

]]> 05b97e612bac81cf97b9665879ebad6b https://www.propertyinvesting.com/topic/4402285-house-for-under-30000-where-would-you-buy-in-nsw/#post-4638685 Thu, 30 Dec 2010 07:07:02 +0000 Shame you wont look at the Mt Druitt area. Can i ask why? i am intrigued.I just bought my first IP after 3 months of research.Bought in Hebersham, 4 bedroom house, single lock up garage and seperate carport also. 580sqm block. Bought it for $235k, spent $6k on a cosmetic upgrade… rents out for $380 a week, got a tenant in day after…[Read more]

]]> 0eb288361ab115ba30ad4c99a920f52c https://www.propertyinvesting.com/topic/4400648-where-did-you-go-wrong/page/2/#post-4628563 Thu, 30 Dec 2010 06:55:16 +0000 Mistakes – Using RAMS because they had good interest rates but they dont have any offset accounts…. getting too personal and relaxed with a vendor i bought my first IP from. He allowed 2 weeks early access and thought we had a friendship happening.  Had alot of extra clean up to do as he left so many things that he thought we would like…

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