PropertyInvesting.com | goneos | Activity https://www.propertyinvesting.com/members/goneos/activity/ Activity feed for goneos. Fri, 17 Apr 2026 08:31:38 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d8dad457e4cc53c1de49c1ac62561738 goneos replied to the topic Advice on how to put a development deal together in Launceston TAS in the forum Help Needed! https://www.propertyinvesting.com/topic/4410155-advice-on-how-to-put-a-development-deal-together-in-launceston-tas/#post-4695625 Wed, 23 Oct 2013 11:36:11 +0000 Thanks for the Wilko.
 
Is it foolish to think that the land for stage one (leave the rest aside) will be worth more WITH the DA and everything in place and ready to go.  Would it not be reasonable to then approach a bank with everything in place and then ask for finance based on the DA and value on completion?

We can then use the finance to…[Read more]

]]> 17dddc707fff7411c20416355728f83c goneos replied to the topic Advice on how to put a development deal together in Launceston TAS in the forum Help Needed! https://www.propertyinvesting.com/topic/4410155-advice-on-how-to-put-a-development-deal-together-in-launceston-tas/#post-4695623 Tue, 22 Oct 2013 20:41:35 +0000 The owner doesn't want to get involved with the development, but I think we'll be work something out where I can settle on one part of the site at a time and possibly even settle on completion with a premium added to cover interest.

This is not my first property as we have several investments.
No previous development experience, but I have to…[Read more]

]]> 9e2eb085afdec0a610a6bc29848ef0c5 goneos replied to the topic Advice on how to put a development deal together in Launceston TAS in the forum Help Needed! https://www.propertyinvesting.com/topic/4410155-advice-on-how-to-put-a-development-deal-together-in-launceston-tas/#post-4695621 Tue, 22 Oct 2013 11:45:55 +0000 Thanks for that Freckle.  The placement of that sentence at the end of my post was deliberate.  If I can't make money then there is no point.

]]> bc0bdba7be61c3fe17d61f7302890ae2 goneos replied to the topic Demolish and Build 2 Homes - where to get my figures from?! in the forum Help Needed! https://www.propertyinvesting.com/topic/4410156-demolish-and-build-2-homes-where-to-get-my-figures-from/#post-4695629 Mon, 21 Oct 2013 23:13:39 +0000 DA = Development Application
CC = Construction Certificate
OC = Occupation Certificate

Check this out.  The figures aren't right at all for where you are, but it's not a bad start.

]]> 46ef90fa511bbc2a83e35e78214569ce goneos replied to the topic Positive or negative geared property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410117-positive-or-negative-geared-property/page/2/#post-4695393 Mon, 21 Oct 2013 23:04:55 +0000 A lot of the advice above is very good.  Don't be too fussed about where your broker is as it's the skills you need, not the face to face time.  My broker is in Kempsey NSW and I have only ever met him once.  He's sharp and quick to respond, which is what I want so that I can move fairly quickly.

The advice on free seminars is good as I've learnt…[Read more]

]]> 66b7c46d4d9b0f97a38220c63de32143 goneos replied to the topic Advice on how to put a development deal together in Launceston TAS in the forum Help Needed! https://www.propertyinvesting.com/topic/4410155-advice-on-how-to-put-a-development-deal-together-in-launceston-tas/#post-4695618 Mon, 21 Oct 2013 19:51:51 +0000 In Launceston, about a 5 minute walk from the site.  Why?

]]> 06b07d7105652779769ed57ffd2f33e4 goneos replied to the topic Order Of Things To Do In A Renovation in the forum Help Needed! https://www.propertyinvesting.com/topic/4410134-order-of-things-to-do-in-a-renovation/#post-4695487 Mon, 21 Oct 2013 03:11:26 +0000 I really like this list.  Nice to have it all written out.  CTRL+C, CTRL+V

]]> 6555513dc67e4119d972455792ae924e goneos replied to the topic TRUSTS??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406899-trusts-17/page/2/#post-4672148 Fri, 06 Jul 2012 06:41:02 +0000 Thanks for the advice Daneo79.  I'm serious about getting this stuff right from now as I basically have no protection at the moment.Just bought the book by N E Renton from fishpond… it was the cheapest I could find and free postage helps.  I'll get that read and then keep going.

]]> e0d11ab24d0146b2bf8c0c5d34c427af goneos replied to the topic TRUSTS??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406899-trusts-17/page/2/#post-4672145 Fri, 06 Jul 2012 05:33:38 +0000 I had a quote from a lawyer for a $2 company as trustee for a discretionary trust.  They wanted $2.5 to $3.5k.  More if it needed some 'massaging'.  That price was just to do what I specified as they didn't really want to advise me on how I should structure things.  After all my reading it seems that you really have to do your own research and get…[Read more]

]]> 49384307091e7618dfa99d64a18e1eb6 goneos replied to the topic Refinancing and new loan account setup in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404248-refinancing-and-new-loan-account-setup/#post-4651946 Thu, 21 Jul 2011 02:59:36 +0000 Can I clarify with an example?I have PPOR valued at $250k with a loan of $170k.I want to borrow another $30k – up to 80% – to use for investment.So I should set up another loan secured against the PPOR with an offset against it (NOT the other loan)Put the 30k in the offset while arranging the investment and then use it when ready.The 30k loan…[Read more]

]]> 77b4c271ecfc62cb27af54db58150f37 goneos replied to the topic Dymphna Boholt webinar Monday 18th July in the forum General Property https://www.propertyinvesting.com/topic/4404231-dymphna-boholt-webinar-monday-18th-july/#post-4651855 Tue, 19 Jul 2011 03:31:44 +0000 Just finished.  Overall, it was a 1 hour sales pitch for the 2 day event comming up.  That said, I still listened all the way through and took notes.  A couple of things caught my attention and gave me somthing to think about.  Was it worth an hour of my life?  Not really… especially if your've heard Dymphna before.  What did other people think?

]]> 31a7d61049747d01fcc99bff13cf36d4 goneos replied to the topic Owners of IP properties in Orange NSW - looking for a good rental manager in the forum Help Needed! https://www.propertyinvesting.com/topic/4404224-owners-of-ip-properties-in-orange-nsw-looking-for-a-good-rental-manager/#post-4651814 Tue, 19 Jul 2011 02:43:44 +0000 How did you go with Lyn amyhunz?

]]> f7d4dd7bfae6b42384f6d25bf0fc7daf goneos replied to the topic Owners of IP properties in Orange NSW - looking for a good rental manager in the forum Hey Wake... Happy to chat https://www.propertyinvesting.com/topic/4404224-owners-of-ip-properties-in-orange-nsw-looking-for-a-good-rental-manager/#post-4651813 Tue, 19 Jul 2011 02:42:56 +0000 Hey Wake… Happy to chat about Orange and my experience.  I have PM turned on, but I'm guessing I havn't posted enough on here yet.  Email me at goneos@hotmail.comCheers, J

]]> 43be115e57b76d5da8434ec8d51a1a53 goneos replied to the topic Dymphna Boholt webinar Monday 18th July in the forum General Property https://www.propertyinvesting.com/topic/4404231-dymphna-boholt-webinar-monday-18th-july/#post-4651854 Tue, 19 Jul 2011 02:40:29 +0000 Listening to it now.  Lots of talk of upcomming conference and not a lot of content so far.

]]> a024150ed226655b4f7f99fa45f975ef goneos replied to the topic Owners of IP properties in Orange NSW - looking for a good rental manager in the forum I live in Newcastle, but my https://www.propertyinvesting.com/topic/4404224-owners-of-ip-properties-in-orange-nsw-looking-for-a-good-rental-manager/#post-4651809 Mon, 18 Jul 2011 05:24:18 +0000 I live in Newcastle, but my family comes from Orange originaly and I've been going there looking at property for years, so I also know the area a bit.  I use to drive through Blaney heaps on my way in from Canberra, when I was there.  I pay a bit of a discounted rate as I bought my first IP in Orange through Fishers and now have multiple p…[Read more]

]]> a757d7333ab5b09d9098910115d2dec2 goneos replied to the topic Owners of IP properties in Orange NSW - looking for a good rental manager in the forum I use Lyn from Peter https://www.propertyinvesting.com/topic/4404224-owners-of-ip-properties-in-orange-nsw-looking-for-a-good-rental-manager/#post-4651807 Mon, 18 Jul 2011 05:12:18 +0000 I use Lyn from Peter Fisher.  She is the best manager I have ever had, bar NONE.  She has saved me hundreds of dollars by the way she has handled tennants and always looks out for my interests.  Best manager I have used by far.I know that sounds pretty strong, so I should state that I have no interest in Peter Fisher's and am not related to Ly…[Read more]

]]> e0d64bd56543bb1eb8dc863e1ae8b53a goneos replied to the topic Where should the rent go? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404148-where-should-the-rent-go/#post-4651309 Fri, 15 Jul 2011 06:51:19 +0000 I've read all the above and I'm just going to reword what is already there.  If your PPOR will EVER (even if it's unlikely) be rented out, you should have the loan on IO and avoid paying any of it off.  This includes a redraw.  The same goes for your IP.  A 100% offset account goes against the PPOR as long as your living in it so you reduce the…[Read more]

]]> 92d6ffc319121e545a69ecc3c5aabeec goneos replied to the topic Advice desperately needed!! Can only afford first home that's got asbestos in the forum I have a house very similar https://www.propertyinvesting.com/topic/4402737-advice-desperately-needed-can-only-afford-first-home-thats-got-asbestos/#post-4641584 Thu, 10 Feb 2011 01:57:55 +0000 I have a house very similar to what you describe.  The kitchen, laundry and bathroom were all lined with asbestos.   As a home owner you can remove some asbestos yourself, but you need to do your reading and take the propper precautions.  As we renovated each room I removed it, double wrapped it and then disposed of it legaly.  Once the insi…[Read more]

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