PropertyInvesting.com | hallg | Activity https://www.propertyinvesting.com/members/hallg/activity/ Activity feed for hallg. Sat, 11 Apr 2026 18:50:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 299eb1a4e1a524dab272e2e084458192 hallg replied to the topic Can I offset interest repayments on a vacant rural investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393105-can-i-offset-interest-repayments-on-a-vacant-rural-investment-property/#post-4586409 Sun, 04 May 2008 06:01:55 +0000 Hi Jim, nice problem. Not sure if this suggestion is too much out of left field but is it possible to build a house some where on the property with out reducing its value? If it is, it maybe worth considering doing this and moving into it as your PPOR. My understanding is that you can sell a PPOR on up to 5 acres of land with out it being subj…[Read more]

]]> 64a93a954061ed3b304bccd38b9641c6 hallg replied to the topic Market Direction in the forum General Property https://www.propertyinvesting.com/topic/4391812-market-direction/#post-4579521 Sat, 05 Jan 2008 10:38:35 +0000 LA Aussie your comments about the present high demand for housing appear to be correct. Was having a chat to a sales manager for one of the local project builders today when he called at my place to pick up his son who had stayed over night (when do the school holidays end!!!). Asked him how things were travelling at work and expected to hear…[Read more]

]]> 71835f12fcd51800267005c15e14e8b3 hallg replied to the topic Best investment strategy? Advice needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4391573-best-investment-strategy-advice-needed/#post-4578103 Mon, 03 Dec 2007 08:40:51 +0000 Hi AngB, I know the main focus on this site is property, but have you done any home work on things that could help your mum improve her position besides property?

Hallg

]]> eea9d7e65fc8060ece6cd70b39028823 hallg replied to the topic Writing is on the wall - Labour will win in the forum Opinionated! https://www.propertyinvesting.com/topic/4391519-writing-is-on-the-wall-labour-will-win/#post-4577744 Sun, 25 Nov 2007 08:36:43 +0000 Housing affordability was mentioned more than once by Mr Rudd as an issue in this election. Must confess i cannot recall what his solutions were? Could we see alterations to tax law such as depreciation rates and CGT?? I guess time will tell.

Hallg

]]> 6c93ae63966454adb000c063ed3405f1 hallg replied to the topic purchasing commercial property in the forum General Property https://www.propertyinvesting.com/topic/4391336-purchasing-commercial-property/#post-4576755 Fri, 02 Nov 2007 10:59:34 +0000 Hi, I’m sure there must be some one out there who could answer this from an informed position but my experience tells me that whether you pay gst on a commercial property is dependent on the position of the seller. I purchased a commercial property 4 years ago and did not pay gst. The previous owner had owned the property for 20 years which meant…[Read more]

]]> c2875d7c795510e98f2879cc47323c44 hallg replied to the topic Water and climate change affecting how buyers select real estate in the forum Value Adding https://www.propertyinvesting.com/topic/4391044-water-and-climate-change-affecting-how-buyers-select-real-estate/#post-4575423 Sat, 27 Oct 2007 23:44:41 +0000 For me the main issue here is “how will the current climate conditions impact the economics of an area?” I live in central Vic and like most places water is a big issue around here. Yes they have just connected places like Bendigo and Ballarat to a ” Super pipe” but the pipe is only any good if there is water to run through it?? From what I see…[Read more]

]]> aa9d7761a679f69906d27ed7f15d6419 hallg replied to the topic Bendigo Property Manager in the forum Have you tried Bendigo Real https://www.propertyinvesting.com/topic/4391202-bendigo-property-manager-3/#post-4576136 Sun, 21 Oct 2007 04:39:01 +0000 Have you tried Bendigo Real Estate? The Property Manager there is Ray CarringtonHallg

]]> 3d14f8af78686a2e21215e06138efe55 hallg replied to the topic THE GREAT PROPERTY CRASH in the forum Hi Millions, I would buy in https://www.propertyinvesting.com/topic/4388574-the-great-property-crash/#post-4562945 Sat, 22 Sep 2007 12:50:54 +0000 Hi Millions, I would buy in Bendigo Vic if any where, but my post was more a theoritical question. In my own way I was trying to say that house prices in most areas really can’t fall (crash) very far because the cost of producing them has risen considerably over tha past few years. I read some comments suggesting doom and gloom (I assume that…[Read more]

]]> eb364bda4e9e46ad18166bfb386f196a hallg replied to the topic THE GREAT PROPERTY CRASH in the forum Opinionated! https://www.propertyinvesting.com/topic/4388574-the-great-property-crash/#post-4562942 Fri, 21 Sep 2007 21:50:03 +0000 Hi all, I read all comments on this subject with interest. Each contribution in isolation appears to make sense. However the one thing I cannot reconcile is how far can house prices really fall when the cost to replace them continues to grow? When I talk to my tradie friends they all tell me about increased expenses such as materials, labour, ve…[Read more]

]]> f7aba27fb5900f6dff3534c4f785950e hallg replied to the topic Bendigo valuation in the forum Help Needed! https://www.propertyinvesting.com/topic/4390800-bendigo-valuation/#post-4574195 Sat, 15 Sep 2007 02:03:54 +0000 Hi Tools, I know a couple of the guys at Curnow Dyett real estate (03 54430733) are valuers. I don’t know how many real estate agents are certified valuers, but I would think that a valuer who actually sells property would have a pretty good perspective on things. Other this, Woodland valuers are spoken well of.

Hallg

]]> 8febd15ab6dff60ec3649ec5d6244a8a hallg replied to the topic Asbestos in a buikding inspection in the forum General Property https://www.propertyinvesting.com/topic/4390797-asbestos-in-a-buikding-inspection/#post-4574188 Fri, 14 Sep 2007 08:02:28 +0000 Hi, I managed a renovation project in my role at work early this year. We had a report done prior to starting and it showed up Asbestos in 2 places in the building. As we didn’t have to do any demolition in the areas that contained Asbestos, we just left it in place and painted it. I’m in Vic and I’m not sure what the law actually says here, but I…[Read more]

]]> 999c5dff109588a7bb06d258991dcfa1 hallg replied to the topic Bendigo in the forum Help Needed! https://www.propertyinvesting.com/topic/4390711-bendigo-2/#post-4573812 Fri, 07 Sep 2007 10:08:58 +0000 Hi Longroad, I don’t have precise numbers but Bendigo has experienced good population growth over the past few year. About 2000 per annum I think. One thing I see on the upside is the completion of the freeway to Melb. Final stage is now well under way. I was talking to a business consultant the other day who moved to Bendigo from Sydney. Time…[Read more]

]]> c6b7ba3666e234e6ad42ea4186b2b389 hallg replied to the topic Best Profit Ever Made in the forum General Property https://www.propertyinvesting.com/topic/4390550-best-profit-ever-made/#post-4572674 Fri, 24 Aug 2007 22:52:04 +0000 Hi, if you looking to inspire people I hope you don’t mind me sharing one story which is not about myself. In 2001 a house and 20 acres was offered for sale. It was purchased by a couple I know very well. They paid $286,000. In 2006 they sold the property to developers for $2.7 million. The amazing thing about this deal is that it happened right…[Read more]

]]> 3f205ceefb2556f1d67cb30436f32d0a hallg replied to the topic Anyone know a reliable builder in Bendigo? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390455-anyone-know-a-reliable-builder-in-bendigo/#post-4572044 Sun, 12 Aug 2007 04:29:09 +0000 Hi Orien, here are a couple of names that I hold in good regard.
1) Jason Westcott ph 0409951012
2) Wings Properties ph 03 54461699 (speak to Mark Kemp)

If none of these can help, they may suggest some one who can. Both are a good honest businesses who will try and do the right thing by you.

Hallg

]]> ba5f558ac24ea819b0792ca48c909e31 hallg replied to the topic Oh No What do I do!!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390249-oh-no-what-do-i-do/#post-4570938 Sat, 21 Jul 2007 23:21:06 +0000 Hi Chefman, sounds like it’s time to compromise a little. My guess is the wife as has been supportive up to this stage by watching her spending habits and the such? I know what you mean about “my life style” as she also needs to understand what makes you tick. I had a similar issue last year when my dearest decided we needed a tennis court (lights…[Read more]

]]> 292b48626d5c71c93072d0bc51f2e032 hallg replied to the topic My first Commercial Property! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390133-my-first-commercial-property/#post-4570361 Tue, 10 Jul 2007 10:17:54 +0000 Hi Wayne, no residential investments other than PPOR. Have managed funds & shares that have done well. I’m on the look out for my next commercial property but i would prefer to have a tenat lined up before I make the move. In my job I get the opportunity to interact with Managers of businesses and often I quiz them on their current & future…[Read more]

]]> 3d2fc65ab53e7ca3a186bb2f20f4d877 hallg replied to the topic My first Commercial Property! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390133-my-first-commercial-property/#post-4570358 Mon, 09 Jul 2007 23:15:44 +0000 Hi Wayne, if I look at return on money spent I’ve been getting 9.6%. However in saying this I was able to pull in some favours from tradie friends for reno works which meant I saved considerable dollars. I have not had the building revalued since the reno, but if I did, I suspect I’d be getting a tick over 7% on the value.

Hallg

]]> 43b133e5cc59ff3bc5abb257063f93cb hallg replied to the topic My first Commercial Property! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390133-my-first-commercial-property/#post-4570354 Mon, 09 Jul 2007 07:41:37 +0000 Hi wayne, yes I own one Commercial property which is in a business zone. Business zone here means office/retail. Don’t have a Commercial zone here so don’t know what is permitted in such zones?
Don’t use a Property Manager but that’s only because everything fell into place (finding a tenant and the like) when I purchased the property. Have a great…[Read more]

]]> c28851546a404e310dbda4886c93ee07 hallg replied to the topic Best Place For Mortgage For Company/Trust Structure in the forum Finance https://www.propertyinvesting.com/topic/4390112-best-place-for-mortgage-for-companytrust-structure/#post-4570186 Mon, 09 Jul 2007 07:21:25 +0000 Hi bjb007, I note in your original post that you plan to use a company/trust structure. There are probably plenty of good reasons to do this but on Friday I encounted my first negative of doing this. You see I just recieved my first ever Land Tax Assessment for a property in Vic and if you ask me they appear to have targetted properties held in a…[Read more]

]]> b71e5bdbe17d8deb6e00f08d3c0a27a7 hallg replied to the topic My first Commercial Property! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390133-my-first-commercial-property/#post-4570352 Mon, 09 Jul 2007 03:48:14 +0000 Hi Waynel2, I have not had the experience of buying off the plan so I can’t help you with the precise meaning of those conditions except to say you appear to be doing the right thing by trying to understand precisely what you’re buying. It is normal for a council to apply restrictions to the use of a site. Not sure about it being normal to have…[Read more]

]]> d9781e68b30785473905a1dfee193429 hallg replied to the topic My first Commercial Property! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390133-my-first-commercial-property/#post-4570350 Mon, 09 Jul 2007 00:15:21 +0000 One thing I would do is find out which real estate agents in the area list the majority of commercial properties. The agents in my area can give me a pretty accurate guide to both the demand for type of property and what the market is currently paying/asking per sqm in a lease. They should be able to do the same for you.

Hallg

]]> 9b1fe9ae7bad6d7d53e928fa184b0cbf hallg replied to the topic To Fix or not to Fix in the forum General Property https://www.propertyinvesting.com/topic/4390127-to-fix-or-not-to-fix-3/#post-4570309 Sun, 08 Jul 2007 08:56:43 +0000 For some reason I think you may be right about a couple of interest rate rises after the election. I plan to stay on variable rate as I doubt if there is much to be gained in fixing. I just went and pick-up a book of my book shelf called “Wealth Wizard” by Mark Bouris from Wizard Home Loans. When disucssing this subject he makes this comment on…[Read more]

]]> d3ee60b762567334dac76e9a0d027fe7 hallg replied to the topic MDF Skirting Boards in the forum Value Adding https://www.propertyinvesting.com/topic/4390122-mdf-skirting-boards/#post-4570276 Sun, 08 Jul 2007 08:28:52 +0000 Put it in my own home built 9 years ago. No problems except for 3 locations. 1) behind the kitchen sink 2) behind the washing machine 3) right near the shower door. Common theme is water (as mentioned above) The problem areas only total about 2 metres all up so in hindsight I would have found something else for these locations or perhaps I could…[Read more]

]]> 6627032b165fc1da684b9641fa04dfa1 hallg replied to the topic building with national builders group in the forum Help Needed! https://www.propertyinvesting.com/topic/4390114-building-with-national-builders-group/#post-4570210 Thu, 05 Jul 2007 11:29:31 +0000 Hi emsypoo, Baspet’s comments are pretty sound. I’m not a builder myself but due to the nature of my job I manage a couple of carpenters. Over the past few years our guys have done work for both Simonds and National Bulders. From my observations the home owner’s satifaction with both the building process and the end result can vary greatly…[Read more]

]]> d151497de9913988e2f1145d8686c183 hallg replied to the topic When to buy a luxury in the forum General Property https://www.propertyinvesting.com/topic/4390076-when-to-buy-a-luxury/#post-4569968 Mon, 02 Jul 2007 13:06:40 +0000 Good question Devo76 but I think the responses just show that what motivates people varies greatly. Sometimes it makes it hard for us to understand each other but it’s just the way it is. Recently a friend of mine tried to tell her dad that he should sell some of his properties and spend up a bit (ie world trips etc). Thought she was doing the…[Read more]

]]> f5110ee1a055bc78a2325c0c42d64a1d hallg replied to the topic POSITIVE GEARED PROPERTIES in the forum Help Needed! https://www.propertyinvesting.com/topic/4390046-positive-geared-properties/#post-4569852 Sun, 01 Jul 2007 06:06:38 +0000 Hi Jon, as mentioned they are hard to come by but positive cash flow properties do exist. ( I assume you will allow a commercial example?) One purchase I made goes like this. Three and half years ago I noticed that a building in the CBD of a large regional centre (Population 100.000+) had been for sale or lease for about 4 months. Asking price to…[Read more]

]]> fa1f63000ea0283b8a793a492cbcdafa hallg replied to the topic cleaning franchises in the forum General Property https://www.propertyinvesting.com/topic/4389681-cleaning-franchises/#post-4567916 Mon, 28 May 2007 11:23:18 +0000 Don't know if there is one simple answer to your question. As you would be aware the gross income figure doesn't tell you what your actual "passive" nett income is. If one assumes that expenses end up being about $40,000 that could leave you with some where between  $10,000 to $20,000 nett. If that turns out to be so, in theory you could make a 5…[Read more]

]]> 8fda87467d5413985a06e3bbe880303c hallg replied to the topic cleaning franchises in the forum General Property https://www.propertyinvesting.com/topic/4389681-cleaning-franchises/#post-4567914 Wed, 23 May 2007 10:45:16 +0000 Hi, you’re doing the right thing by asking questions. You can never ask too many in my opinion. Try and find past or existing franchisees to hear what they have to say. I know a couple of people who have purchased cleaning franchises and the common complaint I hear is that the franchisee ends up having to find their own jobs (contracts) then ends…[Read more]

]]> 2c43c68dbb8fd6f54203824506400457 hallg replied to the topic Managed funds have better returns than property? in the forum Creative Investing https://www.propertyinvesting.com/topic/4388361-managed-funds-have-better-returns-than-property/#post-4561806 Sat, 12 May 2007 01:20:08 +0000 Interesting to read people’s comments as I’ve investments in both property and M/Funds so I often look at their respect performance. Four years ago I purchased and renovated a commercial office for $320,000. It is currently rented for $34,000 per year. Based on a 7.5% return its value today is about $450,000. Given that the interest rate on the…[Read more]

]]> 5531022859e97fff421cec649c6607a2 hallg replied to the topic infringement for 'destroying' a tree in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4389204-infringement-for-destroying-a-tree/#post-4565783 Tue, 10 Apr 2007 11:19:21 +0000 Hi Nats, I have not had your precise situation but late last year I took out a number of trees to build a tennis court. I had been to council a number of times prior to starting work and I felt sure I had all my bases covered. Despite this I still ended up with council officers on my door step threatening all soughts of things. In the end I…[Read more]

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