PropertyInvesting.com | high flyer | Activity https://www.propertyinvesting.com/members/high-flyer/activity/ Activity feed for high flyer. Sun, 12 Apr 2026 07:28:00 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 6198088b57a3d7918ddbef1a8c47a0dd high flyer replied to the topic URGENT Help! THU 4pm deadline!! in the forum No Subject https://www.propertyinvesting.com/topic/4383475-urgent-help-thu-4pm-deadline/#post-4536935 Wed, 07 Dec 2005 03:25:21 +0000 I saw a property advertised for $680+, offered $650. The agent then changed his advertisement to $650+ on the net. Later, I bought it for $640. Don’t be missled by the advertised price. Put your offer based on what you think its worth then you can’t be too wrong.
Good luck.

]]> 20abd050c0b8129cb47f30cc497b348a high flyer replied to the topic Ed Chan in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383175-ed-chan-2/page/2/#post-4535225 Thu, 24 Nov 2005 23:08:12 +0000 Cata and redwing,
I do not have the finer detail of Ed’s property investor trust. But I think it is a unit trust with its units being owned by another hybid trust, so to minimise land tax in NSW and to achieve asset protection. Having said that, I must confessed that I have not seen his structure.

]]> da31bda1c5e82cc704b66bfe7d8e77ec high flyer replied to the topic WELL WE DID IT AGAIN in the forum General Property https://www.propertyinvesting.com/topic/4382727-well-we-did-it-again/page/2/#post-4532769 Thu, 20 Oct 2005 06:37:58 +0000 Hi SDG,
My profession does not allow me to be near a terminal all the times. This is the 1st time I lock in after the last meeting. It is fantastic to see that a date had been set for the next meeting. You people (to borrow GR’s phrase) are incredible!

]]> b52ad98e93329c5a744c543886cc2a25 high flyer replied to the topic Change Of Title Fees in the forum Help Needed! https://www.propertyinvesting.com/topic/4382625-change-of-title-fees/#post-4532193 Tue, 11 Oct 2005 22:11:16 +0000 Hi Kate,
Check with their accountant, your friend’s father might be liable for CGT too!

]]> 4bb18c7893dcb4518ae2e89b77c44be8 high flyer replied to the topic S.D.G. Number 3 in the forum No Subject https://www.propertyinvesting.com/topic/4382272-s-d-g-number-3/page/2/#post-4529968 Tue, 11 Oct 2005 02:40:50 +0000 Hi All,
I missed out on the last 2 meetings due to other commitments. I will be there for the next meeting.

]]> 3f2a186ca71932e64711d419f98662d4 high flyer replied to the topic Bank Guarantees in the forum Help Needed! https://www.propertyinvesting.com/topic/4382604-bank-guarantees/#post-4532069 Tue, 11 Oct 2005 01:30:16 +0000 Hi LFA,
One of the reason that I know of for holding properties in diff Trusts setup (other than asset protection) is land tax consideration.

]]> 9d706c9d8fa4ca181497b46ac21b024b high flyer replied to the topic Certificate of Title in the forum General Property https://www.propertyinvesting.com/topic/4381639-certificate-of-title/#post-4525940 Mon, 15 Aug 2005 23:08:03 +0000 Do not be despaired if you still have a mortgage on your property and wanted badly to have a copy of your CT. In NSW for a cost of $10.50, you can always obtain a copy of computer folio printout of your title from Land and Property Information (previously Land Title Office), if you have the time to do it yourself. Alternatively, you can always…[Read more]

]]> 62fa178d93fe2c19933803df8f691d84 high flyer replied to the topic AAMI Landlord Insurance in the forum General Property https://www.propertyinvesting.com/topic/4381651-aami-landlord-insurance/#post-4526046 Mon, 15 Aug 2005 22:43:18 +0000 I presumed so. But you can choose the level of excess that you are comfortable with. Of course, it will be reflected in the premium.

]]> 8342559cba8aab3df95bdaa9fe507362 high flyer replied to the topic Certificate of Title in the forum General Property https://www.propertyinvesting.com/topic/4381639-certificate-of-title/#post-4525936 Mon, 15 Aug 2005 04:24:37 +0000 Hi Celivia,
In fact it is safer for the bank to safe keep it (ie mortgage it) then to keep it yourself. There are incidents in the past that a unencumbranced property were ‘stolen’ by crooks, by applying to the Registrar General for new CTs to be issued and on sell it to an unsuspecting buyers.

]]> 0a014fe37e1d259a92061cfd40486354 high flyer replied to the topic AAMI Landlord Insurance in the forum General Property https://www.propertyinvesting.com/topic/4381651-aami-landlord-insurance/#post-4526044 Mon, 15 Aug 2005 04:08:05 +0000 Yap, just signed up on the weekend and the policy details are in the mail. It looks like a great deal as I have 2 leases on 1 property, the sale girl indicated that the tennant protection insurance (I think that what they called it – building + landlord) will covered the 2 leases. I have quotes from other insurers, the landlord insurances alone…[Read more]

]]> 8a50a5252a0ae1160d6fda31df32af59 high flyer replied to the topic help....!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4381087-help-21/page/2/#post-4522311 Mon, 11 Jul 2005 06:40:40 +0000 Hi pasandbec,
Is your IP1 used to be your PPOR? If it was the case, can you sell it and still avoid paying CGT? May be that is an option you could consider by selling off IP1 and with the proceeds to pay down non deductible loan on PPOR and buy this IP2.

]]> ff6a3e83173ab8514a21416a26d9af25 high flyer replied to the topic help....!!! in the forum No Subject https://www.propertyinvesting.com/topic/4381087-help-21/page/2/#post-4522309 Mon, 11 Jul 2005 06:18:50 +0000 HI C2,
Let me try to answer this one.
Loan 2 is non-tax deductible because it is used to pay down PROP.

]]> 2a77eaefc6339792a44510b66d5df75f high flyer replied to the topic Suburb Statistics in the forum Help Needed! https://www.propertyinvesting.com/topic/4378973-suburb-statistics/#post-4508119 Thu, 03 Mar 2005 06:49:34 +0000 Hi Christy,
Commonwealth bank provides some propery valuation on their wed site. Please do a search on “property value guide”. I hope this helps!
Cheers

]]> 19fbd5952a252f619a803713de76cf5b high flyer replied to the topic How RICH ! Do You Want To Become ? in the forum No Subject https://www.propertyinvesting.com/topic/4376244-how-rich-do-you-want-to-become/page/4/#post-4491426 Sat, 30 Oct 2004 01:59:07 +0000 Ya.. What is rich and what poor? What are charity and what are not? And what is morality for that matter?
In some households( or cultures), it’s a taboo to talk about money openly, let along about personal wealth! But this seems to be an acceptable practise and is encouraged here. We are doing it because we believed we should all try to…[Read more]

]]> b0e761ed45ec39f7c7c8c44c585bb326 high flyer replied to the topic cross-securitisation in the forum Help Needed! https://www.propertyinvesting.com/topic/4376716-cross-securitisation/#post-4494183 Sat, 30 Oct 2004 00:22:01 +0000 Hi Helen,
I am not a broker but one technique that is commonly use by investors is to apply a LOC against the equity you have in a property that you owned and use the fund as deposits for additional IPs. That way you only tied up one property with one loan and not risking other IPs in the event of foreclosure as pointed out by Steve. Also, when…[Read more]

]]> 48d084713c2c77433e0796fb2815938c high flyer replied to the topic Wizard Head Start Shared Equity Loan! in the forum No Subject https://www.propertyinvesting.com/topic/4376663-wizard-head-start-shared-equity-loan/#post-4493942 Thu, 28 Oct 2004 05:31:20 +0000 Hi Gerard,
If you are interested in equity share products take a look at the one below:
http://www.sharedappreciationloan.com.au/

Cheers

]]> 91dea3d03da72b624151e3a3954e9584 high flyer replied to the topic Risk: Positive cashflow but declining population in the forum No Subject https://www.propertyinvesting.com/topic/4376636-risk-positive-cashflow-but-declining-population/#post-4493856 Mon, 25 Oct 2004 04:59:54 +0000 Hi Tanga,
Are you soley invest for +cf? What would happen in 10yrs time when you want to sell? I will not buy for cf only, I want capital appreciation with it as well! But that’s me!

]]> 20a95f2aec768faaafd38fa2cdc10fd3 high flyer replied to the topic Offset Account in the forum No Subject https://www.propertyinvesting.com/topic/4376607-offset-account/#post-4493706 Mon, 25 Oct 2004 04:28:55 +0000 Hi Show me,
Mortgage hunter explains it nicely, but watch out for the differiential rate that some lenders offered. Make sure it is 100% offset!

]]> aa515b4ecbd8083e58303dce0db48a4b high flyer replied to the topic How RICH ! Do You Want To Become ? in the forum General Property https://www.propertyinvesting.com/topic/4376244-how-rich-do-you-want-to-become/page/4/#post-4491419 Mon, 25 Oct 2004 03:15:58 +0000 Originally posted by greenjoy:
IT would be brilliant to have enough money so you wouldn’t have to sell your time to others and do the things in life you truly love to do…in my case being able to give money away to charity would make me very happy…actually we donate 10% of our profits to environmental groups now..do many other investors out…[Read more]

]]> a36bf48b6d178b06a8277db3bd74016d high flyer replied to the topic Where to from here? in the forum Value Adding https://www.propertyinvesting.com/topic/4376281-where-to-from-here-2/#post-4491809 Mon, 25 Oct 2004 02:28:13 +0000 Hi Scully,
I agreed with kp, first stop is the Surveyors then off to project home builders.
Good luck

]]> 05ffa596ce757a736d8c2373b092b37d high flyer replied to the topic How RICH ! Do You Want To Become ? in the forum General Property https://www.propertyinvesting.com/topic/4376244-how-rich-do-you-want-to-become/#post-4491364 Thu, 30 Sep 2004 00:02:43 +0000 Many years ago, my goal was to have a nett asset of $1m. Today, my ultimate goal to be able to give away $1m!
Achieving it will make me a very happy.
Regards
Leon

]]> a1aaced88fa938d5221d313b4cea22e3 high flyer replied to the topic $3800 needed by June 11 - suggestions anyone? in the forum Finance https://www.propertyinvesting.com/topic/4373931-3800-needed-by-june-11-suggestions-anyone/#post-4475241 Mon, 24 May 2004 22:32:41 +0000 Devil,
We might have looked at how to raise the $3800.00 short fall, but the real question you should ask yourself is, Is it a good deal and you have to put yourself under this STRESSED condition just to seal the deal?
Only you can answer this! Good Luck.

]]> 080be11c8477851dc2dca352bc6307ce high flyer replied to the topic $3800 needed by June 11 - suggestions anyone? in the forum Finance https://www.propertyinvesting.com/topic/4373931-3800-needed-by-june-11-suggestions-anyone/#post-4475236 Mon, 24 May 2004 02:13:50 +0000 Hi Devil,
Here are some of the options you could try:
– Try to ask for the vendor to leave some money in the deal (say at 10%pa for 1-3yrs)
– Ask the agent to reduce his commission to help you get the deal done
– Can you delay the settlement?

Good luck!

]]> 2948b6fb775abd94c86c16697bad50eb high flyer replied to the topic Living on borrowed money! in the forum General Property https://www.propertyinvesting.com/topic/4373430-living-on-borrowed-money/#post-4471507 Tue, 04 May 2004 03:00:32 +0000 [Just don’t go taking too much. Maybe 80% of any growth would do. eg IP valued at $300,000 grew at 10% last year = $30,000 so just take 80% of this = $24,000.

Hi Terry,
If you have 7-10 IPs, you are dipping into the growth once every 10yrs. There are ample times for the growth to compound. LVR ratio should not be a problem. The problem is as…[Read more]

]]> 629b06c057d6eee45bd8f4838ce729a9 high flyer replied to the topic stagnated rent! in the forum General Property https://www.propertyinvesting.com/topic/4373427-stagnated-rent/#post-4471493 Mon, 03 May 2004 23:17:58 +0000 Thanks westan. May be I have to do some research on the rental market at the area!
The property is head lease to a government department and sublease to its clients.
I do not think the PM is in any way related to the tenant!

]]> 9c6736a31da956fd17dcf94f34247a0e high flyer replied to the topic Rude in the forum General Property https://www.propertyinvesting.com/topic/4372574-rude/page/2/#post-4465459 Mon, 03 May 2004 23:01:42 +0000 Good on you Nathan. Let’s us know how you went!

]]> eb9a4ca4f41d17e3726b8c95a6c2ad78 high flyer replied to the topic Do you have written goals? in the forum General Property https://www.propertyinvesting.com/topic/4373325-do-you-have-written-goals/#post-4470695 Fri, 30 Apr 2004 01:29:56 +0000 I don’t have a written goal but I have a very clear picture of my goal. I have a set time and specific target to achieve. Like most people, all I have is an excel spreadsheet!

]]> 7b04047b49ec68f0c5ba21def96ef5ec high flyer replied to the topic How to YOU Do It?? in the forum General Property https://www.propertyinvesting.com/topic/4373336-how-to-you-do-it/#post-4470770 Fri, 30 Apr 2004 01:21:55 +0000 Buy and hold. This strategy also works and is least demanding on ones affort and knowlegde

]]> caf9d7cb457ea18d88536d51046ef847 high flyer replied to the topic Finance taking to long!! in the forum Finance https://www.propertyinvesting.com/topic/4373021-finance-taking-to-long/#post-4468403 Tue, 27 Apr 2004 03:09:44 +0000 These sort of stories make me realise how lucky I have been, I just got two home
loans and had unconditional approval within three days !!!! – I think I’ll be sticking with my lender & broker –

Gina, wait til you’re looking for your fourth of fifth IPs loans then you’ll find out what others had to put up with!

]]> 1976d525eba7f4f7fbf8737e0bfaf232 high flyer replied to the topic How to work out today's $$ in tomorrow's $$ in the forum General Property https://www.propertyinvesting.com/topic/4372869-how-to-work-out-todays-in-tomorrows/#post-4467373 Wed, 14 Apr 2004 12:23:22 +0000 Kinks,
NO, not $7000 increase in a year but every 10yrs as you will access each property once every 10 yrs. I think it is a lot easier to have a income of $7000pa to finance the borrowing cost of $100Kpa than to have a income of $100kpa! Don’t you agree?
Cheers

]]> 56de4d2cba6460cf425305f0e97976e5 high flyer replied to the topic How to work out today's $$ in tomorrow's $$ in the forum No Subject https://www.propertyinvesting.com/topic/4372869-how-to-work-out-todays-in-tomorrows/#post-4467371 Wed, 14 Apr 2004 06:44:11 +0000 Kinks,
If you really want to retire in 10yrs with $100K pa, there is another way of doing it. Instead of relying on the incomes, you could easily do it by supplement your $100K life style expenses from borrowing!
As others had already pointed out that to be able to generate $100K income pa at a return of 5%, you will need a 2M (50houses)of debt…[Read more]

]]> 1dc46a5f47a964c4ae87469a500d3b5a high flyer replied to the topic Is this any good ? What do you think ? in the forum General Property https://www.propertyinvesting.com/topic/4369903-is-this-any-good-what-do-you-think/#post-4443587 Tue, 09 Dec 2003 03:04:25 +0000 JaneW150,
Unless you have enough equity in other properties or you have enough cash to pay for those deal, you will find that lenders will not lent on properties in a regional centre of less than 10,000 people on 80%LVR.
On the vacant properies, what are you plan after you purchased them? Remember, vacant lands will not give you any returns?

Cheers

]]> 527437be722d6bd3c6d3ca4c5201478e high flyer replied to the topic Job Search in the forum General Property https://www.propertyinvesting.com/topic/4369794-job-search/#post-4442995 Sat, 06 Dec 2003 07:01:38 +0000 Alexander,
My email is chial@ozemail.com.au.

]]> 90e1528975e8b4da59fa611744d6b3e3 high flyer replied to the topic Job Search in the forum General Property https://www.propertyinvesting.com/topic/4369794-job-search/#post-4442992 Thu, 04 Dec 2003 04:57:02 +0000 Alex,
Where do you live? I might be looking for a property manager in the new year. Sent me your details if interested.

]]> 279a15e8a558d710b897c7dcef56c303 high flyer replied to the topic Land Tax PPOR in the forum Land Tax PPOR https://www.propertyinvesting.com/topic/4369800-land-tax-ppor/#post-4443011 Thu, 04 Dec 2003 04:52:16 +0000 mconllins,
Did you ever live in the property before you rented it out? If you did, and you do not claim any other property as your Primary Residence at the momoent then you might be able to claim your house as your PR up to 6 years.

]]> 5b45ffe31e999e43af166cf69aadd2a6 high flyer replied to the topic Which City/Suburb you live? in the forum No Subject https://www.propertyinvesting.com/topic/4369744-which-citysuburb-you-live/page/2/#post-4442240 Thu, 04 Dec 2003 04:44:38 +0000 Wahroonga (gate coumminity, Sydney.

]]> 50e2cc71013a1cf8bd9aab6f4a0a4d1a high flyer replied to the topic using home equity safely in the forum General Property https://www.propertyinvesting.com/topic/4369317-using-home-equity-safely/#post-4438884 Tue, 11 Nov 2003 03:42:19 +0000 Hi ChrisHall,
You haven’t included the closing costs for you IP which will added up to about 10%, which mean you will have only $12K and not $22k. If you are willing to pay MI, you might be able to borrow up 95% of the purchase price. The catch is, MI itself is quite costly.

Cheers
[8D]

]]> 22bcdb308bd48c5fb8c12f20f2f176ec high flyer replied to the topic Property Auctions in the forum General Property https://www.propertyinvesting.com/topic/4369147-property-auctions/#post-4437455 Tue, 04 Nov 2003 04:33:46 +0000 I agree with Sue. I bought a investment house at Auction and after spending about $15000.00 on a new kitchen I had qoutes from 3 real estate agent, they all show a 150k-200K from the price that I paid. At auction, you only pay a bit higher than the 2nd highest price! So never discount Auction![8D]

]]> 0916b66df63badaba083632fd75dae3b high flyer replied to the topic Are Morgage Brokers Bias to certain Lenders in the forum General Property https://www.propertyinvesting.com/topic/4369201-are-morgage-brokers-bias-to-certain-lenders/#post-4437862 Tue, 04 Nov 2003 03:57:32 +0000 Hi babs,
The brokers might have over 30 lender on his book, but he will not be familiar with all the products. My experience is that they will sell you the products that they are familiar with. As they sell more of these products, they formed a closer relationships with the contact in these financial intitutes as well. So don’t be fool, you…[Read more]

]]> 071960e4163fb553808f539116dbc5fa high flyer replied to the topic Wagga Wagga? in the forum General Property https://www.propertyinvesting.com/topic/4369038-wagga-wagga-2/#post-4436673 Tue, 04 Nov 2003 02:28:38 +0000 Oops! Joyes Pl it is. Look like I will give that one a miss and wait for some distressed sale!
[8D]

]]> d9f2c8aac2841792b3cab3fe178da5d1 high flyer replied to the topic Wagga Wagga? in the forum General Property https://www.propertyinvesting.com/topic/4369038-wagga-wagga-2/#post-4436669 Mon, 03 Nov 2003 03:45:38 +0000 Hi guys,
I am comptemplating investing in Wagga Wagga too. The previous comments from people with intimate local knowlegde were enlightening. A lot of streets and suburds were mentioned, how about Joyces Av in Tolland? Any comments will be appreciated![8D]

]]> 4d5b8798ef04654306895c9af186b1c9 high flyer replied to the topic Country Properties in the forum General Property https://www.propertyinvesting.com/topic/4369129-country-properties/#post-4437283 Mon, 03 Nov 2003 03:26:40 +0000 Thanks George, you have got a vilid point!
C2, the agreement is 5X5 and is a personal guaranteed only. He ould declared bankrupt at any time but then again a company can goes under too!
[8D]

]]> 371da6019ac87e03a95096ca45f5b5ef high flyer replied to the topic Country Properties in the forum General Property https://www.propertyinvesting.com/topic/4369129-country-properties/#post-4437280 Fri, 31 Oct 2003 00:35:35 +0000 Hi Mel & Smilie,
Capital growth is market driven and is varaiable based on local conditions.
The concept of relocating people is great and they claimed that they run regular seminars in RSL clubs to attracting pensioners.
I did went on to one of their tour and one of the property comprises of 10X2BR unit and the asking price was $900K with rental…[Read more]

]]> f5cf89fd05e27308c280b406d5b86b6d high flyer replied to the topic Place comments about my spreadsheet here in the forum No Subject https://www.propertyinvesting.com/topic/4369026-place-comments-about-my-spreadsheet-here/page/5/#post-4436520 Thu, 30 Oct 2003 05:04:41 +0000 Hi Fudge,
Please email me a copy too!
Ta!

]]>