PropertyInvesting.com | goosehead | Activity https://www.propertyinvesting.com/members/goosehead/activity/ Activity feed for goosehead. Fri, 17 Apr 2026 17:19:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 81fec1dcf7c99b18dbe588fffa5cfa6a goosehead replied to the topic Renovation Stratergy in the forum Value Adding https://www.propertyinvesting.com/topic/5016604-renovation-stratergy/#post-5016796 Tue, 24 Nov 2015 10:04:02 +0000 Anyone?

]]> 94bcc91f99e22126a6058f48ae602503 goosehead replied to the topic Renovation Advice Companies in the forum Value Adding https://www.propertyinvesting.com/topic/5016527-renovation-advice-companies/#post-5016795 Tue, 24 Nov 2015 09:35:48 +0000 That is interesting. Does anyone want to expand on why they have given the thumbs down?

]]> 409630baed573f04bedb68f75ca603a3 goosehead started the topic Renovation Strategy in the forum Value Adding https://www.propertyinvesting.com/topic/5016604-renovation-stratergy/ Wed, 18 Nov 2015 07:12:35 +0000 Hey Guys,

In line with my request for renovation companies, I was considering different ways to fund the renovations. I have recently been paid a bonus, which contained a substantial amount of tax. After having been given advice from my accountant, I should be able to repair the roof as it is asbestos. This right off will help recover some of the…[Read more]

]]> 409630baed573f04bedb68f75ca603a3 goosehead started the topic Renovation Stratergy in the forum Value Adding https://www.propertyinvesting.com/topic/5016604-renovation-stratergy/ Wed, 18 Nov 2015 07:12:35 +0000 Hey Guys,

In line with my request for renovation companies, I was considering different ways to fund the renovations. I have recently been paid a bonus, which contained a substantial amount of tax. After having been given advice from my accountant, I should be able to repair the roof as it is asbestos. This right off will help recover some of the…[Read more]

]]> 38968e4da08100c20eae4367c00f5332 goosehead replied to the topic Renovation Advice Companies in the forum Value Adding https://www.propertyinvesting.com/topic/5016527-renovation-advice-companies/#post-5016603 Wed, 18 Nov 2015 06:48:55 +0000 Thanks guys, that is the type of company I am after. Are there any more companies around or is it a limited field?

]]> 3fda3838e889b0d21b0a112ea2325cc7 goosehead started the topic Renovation Advice Companies in the forum Value Adding https://www.propertyinvesting.com/topic/5016527-renovation-advice-companies/ Tue, 17 Nov 2015 03:43:19 +0000 Hey Guys, I am looking to value add, and to a degree renovate, a property I have in Brisbane. As I am not living close by, I am considering using one the Renovation Advice companies to fine tune what I renovate. For 2 reasons, I am not particularly astute with design. Secondly the property was our PPOR, and will likely be again if we get posted…[Read more]

]]> eebaf5e101b12d46bde3356712d486f3 goosehead replied to the topic When it doesn't work? in the forum Help Needed! https://www.propertyinvesting.com/topic/4994382-when-it-doesnt-work/#post-4995949 Sun, 26 Oct 2014 10:04:56 +0000 Hi Richard,
What time frame are you looking at with the reference?

Jas

]]> b86a64cea431519ad573ba1db4059a99 goosehead replied to the topic When it doesn't work? in the forum Help Needed! https://www.propertyinvesting.com/topic/4994382-when-it-doesnt-work/#post-4994448 Mon, 08 Sep 2014 12:44:39 +0000 There has been some growth recently, not that it is anything to jump about. Some of the spending has been done, or has been sideline for the short term.

Hey Richard, that advice would have been good in 2007 lol. What can you do but learn.

]]> 693cc75d1b923c08e6f10496d72c1d9e goosehead replied to the topic When it doesn't work? in the forum Help Needed! https://www.propertyinvesting.com/topic/4994382-when-it-doesnt-work/#post-4994391 Sat, 06 Sep 2014 12:36:52 +0000 The property was purchased in 2007 in Morayfield, just north of Brisbane. It may be due for an increase, just waiting to see if the supply and new houses dry up. Until then I don’t think it will move.

Benny, what I mean is the advantage of a rental schedule is reducing as I used the diminishing value method. I was planning on capital growth and…[Read more]

]]> 465acd836843fa0fb88072def2b30fd9 goosehead started the topic When it doesn't work? in the forum Help Needed! https://www.propertyinvesting.com/topic/4994382-when-it-doesnt-work/ Sat, 06 Sep 2014 06:51:53 +0000 So when do you say enough is enough? The property reached its peak when it was acquired. It has moved up since then but has settled back down to the original purchase cost. The rent is paying for the property, so costs are minimal, but are stagnant as well and not increasing. The property schedule is slowly shrinking, but maintenance costs are…[Read more]

]]> 6bff8b886439a16ae338b4c749ed1163 goosehead replied to the topic Property Legal and Accounting in Perth in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4991891-property-legal-and-accounting-in-perth/#post-4992150 Mon, 23 Jun 2014 22:14:05 +0000 I am interested to. I have seen the thread recommending Beaumaris Business Solutions in other threads. Are they still competitive in this field?

]]> efb8e3bf34ef4ae67cbae60eb3c0c01c goosehead replied to the topic Renovation Purpose Test in the forum Value Adding https://www.propertyinvesting.com/topic/4405341-renovation-purpose-test/#post-4659884 Mon, 05 Dec 2011 09:01:19 +0000 that makes it clearer, thanks for that.

]]> 86f9841a15f302a55e597bbc64f7a0e8 goosehead replied to the topic Renovation Purpose Test in the forum Value Adding https://www.propertyinvesting.com/topic/4405341-renovation-purpose-test/#post-4659882 Mon, 05 Dec 2011 07:58:19 +0000 Hey Catalyst my partner has organised quotes etc to get the work completed and we planned to do it before it was tennanted or work with the tennants to arrange a time and reduced rent if it inconveniences them.  I have been away for most of this year and have a short time frame to move due to my work comitments that is why we hadn't planned on…[Read more]

]]> 482b42ecd683f712b2aaf31abfaec647 goosehead replied to the topic Debt reduction v Deposit saving. in the forum Help Needed! https://www.propertyinvesting.com/topic/4398521-debt-reduction-v-deposit-saving/#post-4615744 Tue, 02 Feb 2010 08:57:49 +0000 Hey Todd and DrewI have been in the Army for close to 14 years now and am well on my way with property investing.  I purchased my first property when I was 22 back in 2000 and it went really well for me and I just want to do more.With respect to your debts Todd like everyone else has mentioned if you can get on top of them ASAP and consolidate…[Read more]

]]> 7dda06369b44d53d4221e05e6d7cea96 goosehead replied to the topic Seven Percent and over in the forum Creative Investing https://www.propertyinvesting.com/topic/4398478-seven-percent-and-over/#post-4615368 Tue, 02 Feb 2010 06:28:11 +0000 6 properties in 2 years that is very aggresive.  How do you plan to raise the equity for the deposit on them all?  Sounds like a challenging goal though and I wish you all the best with that.

]]> 03831fa93b9931ee9c7ae1f092c9ed89 goosehead replied to the topic NRAS Investments in the forum General Property https://www.propertyinvesting.com/topic/4396465-nras-investments-2/page/2/#post-4605199 Tue, 26 Jan 2010 23:09:58 +0000 I have been considering the NRAS schemefor some time now due to the properties being positve geared but I am worried about the following interpretive decision.  Has any one factored this into there calculations?  If mine are correct it takes away a lot of the advantage and the properties will end up negative geared.ATO interperative decision ATO I…[Read more]

]]> 096077df1a303f20b940c5c66ba243aa goosehead replied to the topic Seven Percent and over in the forum Creative Investing https://www.propertyinvesting.com/topic/4398478-seven-percent-and-over/#post-4615366 Tue, 26 Jan 2010 21:57:38 +0000 There a group that build dual occupancy properties on smaller blocks of land.  Due to the design though there is no body corp fees etc.

]]> 9604c9476825cf3562f29d81bf3f213c goosehead replied to the topic Dreams in the forum Creative Investing https://www.propertyinvesting.com/topic/4397914-dreams/#post-4611941 Mon, 30 Nov 2009 06:16:56 +0000 For the Sellers I am assuming 80% is better than 0%.  I think the sellers would make ther money from over pricing the product which does mean the average joe will have to pay rather than redraw his loan if he wants to keep the property in 5 years as he won't have the equity. 

]]> 8742574e623c6c7f248cf49e4c5cc842 goosehead replied to the topic Dreams in the forum Creative Investing https://www.propertyinvesting.com/topic/4397914-dreams/#post-4611939 Mon, 30 Nov 2009 02:01:19 +0000 The group is called The Dream Deposit and can be found on the web.  As I said I am looking else where for my next IP but  am just curios if anyone has dealt with these guys.

]]> 2f8d8016757f7d98a8840a9cec5af385 goosehead replied to the topic LOC to Pay IP Interest in the forum Help Needed! https://www.propertyinvesting.com/topic/4397307-loc-to-pay-ip-interest/page/2/#post-4609297 Tue, 13 Oct 2009 07:22:11 +0000 I have a question, I posted it in another forum but there seems to be better answers here. I have  a similar idea but, instead of LOC, I plan to borrow against an IP to prepay interest so the rent will go straight onto my PPOR.  The interest would be Tax deductable but my intent is to lower the costs to below the DHOAS payments:-) and then start i…[Read more]

]]> 2a7a934c53d61ec42f766f9d73a7cc3a goosehead replied to the topic Recommendations for Depreciation schedules and accountant in the forum Help Needed! https://www.propertyinvesting.com/topic/4397491-recommendations-for-depreciation-schedules-and-accountant/#post-4610157 Tue, 13 Oct 2009 06:44:52 +0000 I have used BMT & associates and found they do a good job.  Also used Deppro which was ok as well.  As far as Accountants I use Conroys on Stafford road.  They are ok last year I received a good return but this year have to pay due to CGT. I live in Everton Hills as of december last year, that is a fantastic buy in '89.

]]> 158e582c93ab0404e9e6988d0da68225 goosehead replied to the topic BMT Quantity Surveyors in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4397415-bmt-quantity-surveyors/#post-4609877 Tue, 06 Oct 2009 03:46:27 +0000 I used BMT and found them to be pretty good. I have used Deppro before and was advised that BMT was better value for money. FYC

]]> 84c1033172aa1fccb898298c468ff1df goosehead replied to the topic Which Strategy to take? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397248-which-strategy-to-take/#post-4609070 Thu, 17 Sep 2009 11:34:46 +0000 Hey KY,Thanks for those ideas.  I was going to rent it out until I had completed reno's then move in, but the house I was renting, the owners mucked us around and put the house on the market.  It was easier to move into my now PPOR instead of trying to find a rental.  Affordability is good at the moment as I have the DHOAS loan and of course th…[Read more]

]]> 9e20a89e495a34bde76f762773065a32 goosehead replied to the topic Which Strategy to take? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397248-which-strategy-to-take/#post-4609068 Wed, 16 Sep 2009 09:36:20 +0000 Thanks Terry.  I have to see my accountant next week anyway so I will ask for his advice then as well.  Holding onto the properties and tranferring the debt will probably take longer time but save the selling fees where as I will probably be able to sell in 2.5 to 3 years in which case the 6% will be gained by not having to pay interest on my PPOR?

]]> d1c0d6c1add4098f912ec1da22039e56 goosehead replied to the topic Which Strategy to take? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397248-which-strategy-to-take/#post-4609066 Mon, 14 Sep 2009 20:43:59 +0000 The idea of refinancing is to increase the loan on the IP to 80% LVR and use the money to prepay interest on that loan so my rent goes straight onto my PPOR decreasing bad debt, increasing good debt.

The other option, selling would cost me selling fees and repurchasing but 50k is a lot less than the interest payments on a PPOR home loan.

Either…[Read more]

]]> 3b0884c98b245de74738f813b017d854 goosehead replied to the topic Financial Planners & Property in the forum General Property https://www.propertyinvesting.com/topic/4397164-financial-planners-property/#post-4608704 Mon, 14 Sep 2009 11:45:47 +0000 most of the time that is what i get but all my returns have been from IP that I have organised.  I don't trust Investment planners as I have not meat someone i trust yet.

]]> 7e02cca51fd3c84e4148ec6c4028524d goosehead replied to the topic Does anyone know Ozinvest? in the forum General Property https://www.propertyinvesting.com/topic/4397099-does-anyone-know-ozinvest/#post-4608488 Mon, 14 Sep 2009 11:36:49 +0000 I invested with ozinvest for my first of 3 IP's and pulled close to 200k from the investment over 8 years, I payed 156 and sold for 342.  If I had of been smarter and better educated it would have been more with a better structure on my part.  They may not be the ultimate investment but they make things easy and have a good steady return no one tr…[Read more]

]]> b0e6df6b0ae27f8a595b0578e113960e goosehead replied to the topic Deprecation Schedule – If and from where? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397172-deprecation-schedule-if-and-from-where/#post-4608738 Mon, 14 Sep 2009 11:12:36 +0000 Doesn't the DS come in to count when you sell the property buy 'lowering' the purchase cost for CGT calculations?

]]> 91059766e176b695af0822509e5f3b2e goosehead replied to the topic Experience with claiming FHOG but never moving into the place? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397239-experience-with-claiming-fhog-but-never-moving-into-the-place/#post-4609039 Mon, 14 Sep 2009 10:50:09 +0000 Hey can you claim the FHOG when buying a PPOR if they have already own a IP?

]]> 2fada6eaa56452382ba23ed6ad359679 goosehead replied to the topic DESTINY FINANCIAL SOLUTIONS in the forum Finance https://www.propertyinvesting.com/topic/4391189-destiny-financial-solutions-4/page/2/#post-4576058 Tue, 24 Jun 2008 10:37:55 +0000 Sorry I should add the company that rang is Australian Property Directions

]]> 8912c7fd7f40099e6358cb4747f165fe goosehead replied to the topic DESTINY FINANCIAL SOLUTIONS in the forum Finance https://www.propertyinvesting.com/topic/4391189-destiny-financial-solutions-4/page/2/#post-4576057 Tue, 24 Jun 2008 02:52:28 +0000 Hey guys,This $3000 fee is that for the finnancial plan as apposed to just approaching them for refinancing?  What other Planners have you approached?  I have had 1 group approach me over the phone that have some good ideas but I have not had a chance to research yet any one else been in this situation?  They have a similar structure to Destiny fr…[Read more]

]]> fe10fcecfaa4211742f7e9178af95c08 goosehead replied to the topic Ozinvest in the forum Heads Up! https://www.propertyinvesting.com/topic/4370682-ozinvest/#post-4450044 Wed, 01 Nov 2006 10:51:25 +0000 Hey guys,

I have bought a property through these guys and found that it has worked well. They are negatively geared but I now find the property is positively geared, and the capital gains has been sufficient to purchase a second unit privately. I was very green when I bought my first house and did no research at all but it has turned out…[Read more]

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