PropertyInvesting.com | HarryMarcus | Activity https://www.propertyinvesting.com/members/harrymarcus/activity/ Activity feed for HarryMarcus. Wed, 15 Apr 2026 03:57:55 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a97115c0d83ac92c0f98f203031ec40f HarryMarcus replied to the topic Looking for potential JV / advice in the forum Creative Investing https://www.propertyinvesting.com/topic/4410465-looking-for-potential-jv-advice/#post-4697716 Sat, 28 Dec 2013 08:13:56 +0000 Thanks for your quick reply, Terry!

I guess I should have been more specific – I'm looking at either finding a like-minded investor (with more experience) to co-invest in a project. I assume this forum may be a hub for people who would be interested in such an arrangement?

Thanks again,
Harry

]]> 29c2bb80dd3f913a916270e4f99dd05b HarryMarcus replied to the topic CGT/GST Clarity on New Build in the forum Help Needed! https://www.propertyinvesting.com/topic/4410032-cgtgst-clarity-on-new-build/#post-4694815 Sun, 22 Sep 2013 02:41:36 +0000 Thank you to both Terry and Wilko – definitely appreciate being steered in the right direction.

In regards to GST implications, are there any definitive guides as to how GST would be treated (I.e. Margin scheme)? As you can probably see, I'm still getting my head around the feasibility analysis of development. Clearly quite a few factors to…[Read more]

]]> 34a9fdb0141171a10665b6ffce21e008 HarryMarcus replied to the topic How to untangle a tricky web in the forum Finance https://www.propertyinvesting.com/topic/4409744-how-to-untangle-a-tricky-web/#post-4693463 Sun, 21 Jul 2013 06:15:42 +0000 Thanks Shahin, appreciate the response.

I've consulted with NAB and their position is:

1. The LMI purchased (8k) secured against a debt ratio of 89% may need to be repaid if I sell the PPoR, even if the debt to equity ratio remains at 89% for the IP alone. 

2. I cannot order an upfront valuation to determine the value of the IP – they will only…[Read more]

]]> 91f9515046334fb5637f143ad7e2afac HarryMarcus replied to the topic to sell or not to sell... in the forum Help Needed! https://www.propertyinvesting.com/topic/4409668-to-sell-or-not-to-sell-24/#post-4693072 Tue, 09 Jul 2013 13:48:59 +0000 Thanks Josh – your help most certainly has helped establish a conclusion.

]]> 9123bc52a042e30d601ea939163c97e6 HarryMarcus replied to the topic to sell or not to sell... in the forum Help Needed! https://www.propertyinvesting.com/topic/4409668-to-sell-or-not-to-sell-24/#post-4693069 Tue, 09 Jul 2013 06:33:50 +0000 Thanks for the insightful responses guys.

I should have clarified, but the $1.1k strata is actually per quarter (not annual). I have my other investment property two streets away with strata under $400 pq.

I guess the bottom-line is:

High strata fees being a deterrent to future buyers in a softer market

A couple of "ageing" issues around the…[Read more]

]]> 7ce8eca8092c96a75856caf2015504e9 HarryMarcus replied to the topic to sell or not to sell... in the forum Help Needed! https://www.propertyinvesting.com/topic/4409668-to-sell-or-not-to-sell-24/#post-4693066 Sun, 07 Jul 2013 21:14:54 +0000 Thanks for that Dark Night – it's in North Parramatta.

I guess the goal isn't the short term maximisation of cash flow (i.e. what renting another room would achieve) but maximising the opportunity against the current demand context and in the process and offloading a potentially difficult property to sell when strata goes up and the property…[Read more]

]]> 49eff63f81eb16646e263a6c3c3eff53 HarryMarcus replied to the topic Sub-dividing a unit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409305-sub-dividing-a-unit/#post-4690464 Tue, 07 May 2013 22:43:14 +0000 Hi guys,

Thank you so much for your insightful wisdom – certainly rules out the opportunity of sub-dividing the apartment.

It still seems like an interesting opportunity given the sheer magnitude of the apartment (it's the only 4 bdr that's really existed in this area for quite some time).

Given the rarity of the find, I'm finding it hard to…[Read more]

]]> 972af812b162ceafcb8ead66301da67a HarryMarcus replied to the topic To simply buy and hold, or to buy, renovate and hold? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408253-to-simply-buy-and-hold-or-to-buy-renovate-and-hold/#post-4682327 Sun, 09 Dec 2012 05:26:11 +0000 Thanks Derek and Catalyst.

The apartment is in pretty bad shape now; the $300 rent per week reflects this, as the median sits between $350-400 in the suburb for similar properties

I understand the concept of the reno costing let's say $1.3k a year in interest, assuming I am borrowing to renovate. If I do renovate, however, I will be using cash…[Read more]

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