PropertyInvesting.com | ian_from_brisbane | Activity https://www.propertyinvesting.com/members/ian_from_brisbane/activity/ Activity feed for ian_from_brisbane. Sun, 12 Apr 2026 21:23:48 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 61dd7f2b56ba67ec723f1d462c4148b4 ian_from_brisbane replied to the topic Interest Rates Up! in the forum General Property https://www.propertyinvesting.com/topic/4385311-interest-rates-up/page/2/#post-4546608 Fri, 05 May 2006 04:54:45 +0000 Wanted to quickly point out another error in the newsletter… if someone had $80,000 for a deposit and wanted to borrow 80%, they’d be going for a loan of $320,000, not $400,000 as in the article. Point made though.

http://www.monthlycashprofits.com

]]> 8d8bb98e537e2b8899b9248ca4168d34 ian_from_brisbane replied to the topic How do landlords dress? in the forum General Property https://www.propertyinvesting.com/topic/4382345-how-do-landlords-dress/#post-4530416 Wed, 21 Sep 2005 01:48:37 +0000 The last time I showed a property, I didn’t just have paint on my clothes, I had ceiling-white all through my hair :) That wasn’t for a tenant but a valuer.

http://www.monthlycashprofits.com

]]> dc7de3d2e57578e282ae5c7eb112dfb3 ian_from_brisbane replied to the topic Renovation and development legal requirements in the forum Value Adding https://www.propertyinvesting.com/topic/4382211-renovation-and-development-legal-requirements/#post-4529468 Wed, 14 Sep 2005 00:24:17 +0000 In Qld the requirement for a license before renovating is dependant on the cost of the renovation.

eg. If you keep the cost under a certain amount, you don’t need to get a license for it. Sorry I can’t remember what the threshold is.

http://www.monthlycashprofits.com

]]> de25a569d19b2e83dcea9330d27b1fec ian_from_brisbane replied to the topic What do you think of this book? in the forum Value Adding https://www.propertyinvesting.com/topic/4382101-what-do-you-think-of-this-book/#post-4528771 Tue, 13 Sep 2005 03:56:16 +0000 Sorry I haven’t read it, but I couldn’t find it either… could you please tell me where you are purchasing it from?

Thanks!

http://www.monthlycashprofits.com

]]> e03d412552b8eaba995fe3744d945d55 ian_from_brisbane replied to the topic Future Property Prices in Australia??? in the forum General Property https://www.propertyinvesting.com/topic/4382155-future-property-prices-in-australia/#post-4529028 Tue, 13 Sep 2005 03:51:12 +0000 Originally posted by foundation:
Originally posted by stephen051:
More people = higher demand = higher price = high value. This is why housing in sydney has gone up much faster than elsewere in australia over the past 15 years.

More people = much faster reproducing of MORE PEOPLE. Demand in sydney is therefore insane and therefore housing prices…[Read more]

]]> 6bd6a1866257c19fd6741dac528140d6 ian_from_brisbane replied to the topic Whats your favourite position in the forum No Subject https://www.propertyinvesting.com/topic/4382189-whats-your-favourite-position/#post-4529318 Mon, 12 Sep 2005 23:10:36 +0000 Um, personally I prefer to be in debt up to my eyeballs (seriously). I prefer to borrow 95% interest only on everything.

But then, I’m young and have plenty of time to start over if things go bad.

http://www.monthlycashprofits.com

]]> 5ab52120a5db45ed73efc4ccd95137e8 ian_from_brisbane replied to the topic HOW TO PUT AN OPTION ON A PROPERTY? in the forum Value Adding https://www.propertyinvesting.com/topic/4381727-how-to-put-an-option-on-a-property/#post-4526540 Sun, 21 Aug 2005 02:52:50 +0000 How much should you generally pay for an option?

I’d like to purchase a particular 1 br unit in a couple of years… it’s worth about $140,000 now.

]]> 3e31686e1258cd030ce420fbcabcf0e8 ian_from_brisbane replied to the topic One Bedroom Unit? in the forum General Property https://www.propertyinvesting.com/topic/4381442-one-bedroom-unit/#post-4524426 Mon, 01 Aug 2005 20:29:07 +0000 Don’t fall for the ‘reduced’ trick. Tell them you’ll take it for $139k ‘reduced’ from 159 :) Even then I wouldn’t spend more than about 8k restoring it (and 8k can go very quickly when you’re talking kitchen/bathroom).

Without seeing the place, it seems to me you’d have to get it for a real bargain in order to make any money on it in the…[Read more]

]]> c21f098a4f4199c3e16d43af70ae1316 ian_from_brisbane replied to the topic Government to send Migrants to the bush!!! in the forum General Property https://www.propertyinvesting.com/topic/4381336-government-to-send-migrants-to-the-bush/#post-4523853 Fri, 29 Jul 2005 04:44:02 +0000 ‘saturation point’? sounds like a recipe for CG to me.

the regional areas will never outperform cities in the long term… if they did then i don’t think they would be the regional areas anymore… they would become the new cities and the cities would become the new regional areas, if you know what i mean.

]]> 027f1924cf85af6cd67b98197e3b9b80 ian_from_brisbane replied to the topic Render – Color or Paint it in the forum Value Adding https://www.propertyinvesting.com/topic/4381191-render-ae-color-or-paint-it/#post-4522947 Mon, 18 Jul 2005 04:37:17 +0000 Could someone please give me a rough idea of how much rendering costs? I don’t need an exact amount but I have had a lot of trouble find any information about it in Brisbane.

Thanks!

]]> 06b9a3f3f50fc483115a535841dab896 ian_from_brisbane replied to the topic How much you got? in the forum General Property https://www.propertyinvesting.com/topic/4380802-how-much-you-got/#post-4520323 Tue, 21 Jun 2005 02:55:09 +0000 Broken link… did anyone save a copy?

]]> e49cbac8ed86e67aabc7c43b968fa4ca ian_from_brisbane replied to the topic Looking at Property Before You Purchase in the forum No Subject https://www.propertyinvesting.com/topic/4380821-looking-at-property-before-you-purchase/#post-4520434 Tue, 21 Jun 2005 02:17:51 +0000 i bought my first property sight-unseen, and when i did inspect it, it was better than i had imagined but i realise i was lucky that time and it could have been a lot worse.

another property which i did not end up buying looked great in the photos and description, but this time i did inspect first and when i got there i discovered that it backed…[Read more]

]]> 2ea3cbbefa021e8002060fc13078f482 ian_from_brisbane replied to the topic Property to rebound? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380801-property-to-rebound/#post-4520321 Fri, 17 Jun 2005 01:06:23 +0000 I guess I’ll be the first to say… perhaps the motivation for writing that article is given away in the last line:

“Shares in Peet closed up three cents at $1.41.”

:)

]]> b613ae56114314f0d1e4e5d5a6597f0b ian_from_brisbane replied to the topic Learning Curve Confessions in the forum General Property https://www.propertyinvesting.com/topic/4380804-learning-curve-confessions/#post-4520339 Fri, 17 Jun 2005 00:56:16 +0000 It’s funny how you can read all about other people’s mistakes a thousand times, but you never really learn to avoid them fully until you make them yourself anyway :P

A couple of years ago after landing my first full-time, high-pay job (high compared to Austudy), I went out and got a loan for a beautiful (2nd hand) car for $23000… At the time I…[Read more]

]]> 2a3c153f14ceabbe528d0f062030f114 ian_from_brisbane replied to the topic Houses overvalued by 25pc in the forum General Property https://www.propertyinvesting.com/topic/4380685-houses-overvalued-by-25pc/#post-4519568 Thu, 09 Jun 2005 01:59:03 +0000 I think it’s still possible that they will… for example even if they’re off by just a year and half and prices are flat until 2013 sometime, that’s 18 months left over for prices to shoot up and double by 2015 :)

]]> d928faf7d76367263e82f03bdec91dd7 ian_from_brisbane replied to the topic Housing market correction tipped to end in the forum General Property https://www.propertyinvesting.com/topic/4380571-housing-market-correction-tipped-to-end/#post-4518680 Tue, 07 Jun 2005 01:17:08 +0000 Good news?! It depends what your position is! I still haven’t had a chance to buy up the bargains yet so I hope the market doesn’t scream ahead before I’ve done that!

]]> d5990691c1ac46ae317e789053643402 ian_from_brisbane replied to the topic Property Market heading downwards? in the forum General Property https://www.propertyinvesting.com/topic/4380592-property-market-heading-downwards/#post-4518848 Tue, 07 Jun 2005 00:26:49 +0000 [quoteI actually feel some guilt and shame about the amount of money I made out of it. It was thoroughly undeserved.
[/quote]

If you feel guilty about making money from it, then why didn’t you sell it for the same price you bought it for and not make that money?

]]> d317fe580c4f69014137761607a2d596 ian_from_brisbane replied to the topic Michael Yardney's property breifing in the forum General Property https://www.propertyinvesting.com/topic/4379845-michael-yardneys-property-breifing/#post-4513133 Tue, 26 Apr 2005 02:35:24 +0000 Thanks Michael, that’s very generous of you. I look forward to it!

]]> e00787e3338fb27de873fc0f1a0283e9 ian_from_brisbane replied to the topic 11 SECOND RULE in the forum General Property https://www.propertyinvesting.com/topic/4379448-11-second-rule-10/#post-4511107 Thu, 07 Apr 2005 03:02:14 +0000 One thing I’ve always wondered… is it really taking people 11 seconds to work this stuff out? I think we should rename it to the 3 second solution.

]]> 56835897695a1d34df5b29659a250db4 ian_from_brisbane replied to the topic Just started in the forum General Property https://www.propertyinvesting.com/topic/4379369-just-started/#post-4510574 Wed, 30 Mar 2005 04:43:15 +0000 I suggest reading at least 38 more books… borrow them for free from the library. It took me 12 months but I read 46 books on real estate/investing and a few on success/business/negotiating and I’m so glad I did :)

If you do a search on this forum, you’ll find a couple of posts with huge lists of books to read along with forumite’s reviews and…[Read more]

]]> 1505137847277a1f67f0f11024847cc8 ian_from_brisbane replied to the topic Property to do well in 2005 in the forum General Property https://www.propertyinvesting.com/topic/4379361-property-to-do-well-in-2005/page/2/#post-4510488 Wed, 30 Mar 2005 04:30:38 +0000 Originally posted by christobell:
…he said there are twice as many sellers as buyers at the moment..Hmmm..what does that tell us.

It tells me that now is a great time to buy.

]]> 3989b9d022c544d0da971e317f5c7f8d ian_from_brisbane replied to the topic macleay island ? in the forum General Property https://www.propertyinvesting.com/topic/4379325-macleay-island/#post-4510246 Wed, 30 Mar 2005 04:13:03 +0000 Hi,

I haven’t specifically asked council about moving a house there, but I know that one of the barge companies that advertises “large items” takes houses, which would be strange if council didn’t allow it. Oh and these barges are massive, so yes they would fit a house-moving truck (It’s not the same vessel that takes cars back and forth each…[Read more]

]]> 1044744f3715f0b2161a19b94266796e ian_from_brisbane replied to the topic macleay island ? in the forum General Property https://www.propertyinvesting.com/topic/4379325-macleay-island/#post-4510242 Fri, 25 Mar 2005 09:54:50 +0000 Thanks, I could never live there… I’m too much a city person. And yes it is up on a hill just a short walk to the water’s edge.

]]> 2df8962fe6dafed01dc2d2d76f44e1dc ian_from_brisbane replied to the topic The benefits of property developing in the forum Value Adding https://www.propertyinvesting.com/topic/4379213-the-benefits-of-property-developing/page/2/#post-4509479 Thu, 24 Mar 2005 05:49:28 +0000 Yes anyone who hasn’t been to one of Michael’s seminars really should get along to his next one… it is extremely cheap/good value for a very enlightening and entertaining evening… I went along to the Brisbane one last year and I’ll be there again this year!

-Ian

]]> 16f611d83e4be7ae2a75bf9a034d4507 ian_from_brisbane replied to the topic 2 beda to 3 in the forum General Property https://www.propertyinvesting.com/topic/4379263-2-beda-to-3/#post-4509792 Thu, 24 Mar 2005 05:16:50 +0000 I think anything involving extra bedrooms still needs council approval no matter how easy it is to physically build… This may be because of extra grey water/ sewerage etc. or even so they can make sure that the bedroom is of an appropriate size and ceiling height…

A friend of mine has a 3rd ‘bedroom’, but because the ceiling is literally only…[Read more]

]]> 6d64edf737e0f1e5bb6917695588c7b1 ian_from_brisbane replied to the topic TO FIX OR NOT TO FIX ? in the forum General Property https://www.propertyinvesting.com/topic/4378872-to-fix-or-not-to-fix-2/#post-4507364 Wed, 23 Feb 2005 07:48:07 +0000 I am actually surprised how few people seem to use fixed rate loans.. I have just signed up for a 3 year fixed rate of 6.55%.

It’s kinda funny that so many people seem to be worried about a rate rise… it’s like they’ve never heard of fixed rates.

]]> 2f4e324f050471563e2539d3ac7073da ian_from_brisbane replied to the topic Why should RE appreciation outstrip inflation? in the forum No Subject https://www.propertyinvesting.com/topic/4378741-why-should-re-appreciation-outstrip-inflation/page/2/#post-4506614 Tue, 22 Feb 2005 04:45:01 +0000 Oops almost forgot about your first question:

– When 4 million baby boomers die over 15 years, who will be demanding their houses?

4 of the people who are currently in 5-person households (or 3 of the people who are currently in 4-person households etc) when everyone in the future decides they want to live by themselves.

]]> 692f82e908d98def20f1f6f4a81c936b ian_from_brisbane replied to the topic Why should RE appreciation outstrip inflation? in the forum No Subject https://www.propertyinvesting.com/topic/4378741-why-should-re-appreciation-outstrip-inflation/page/2/#post-4506613 Tue, 22 Feb 2005 04:39:43 +0000 Basically I think it comes down to two options: downsize, or move further from the city.

So people who are in an ‘average’ house in middle-ring suburbs now can buy places further away from the city.

People who are in an ‘average’ house in inner-city suburbs can buy a place in a middle-ring suburb…

Today’s ‘average’ houses will cease to exist…[Read more]

]]> 8a307da7a751886d6ba8c00ca68a689d ian_from_brisbane replied to the topic The Ultimate Property Development in the forum General Property https://www.propertyinvesting.com/topic/4378786-the-ultimate-property-development/#post-4506944 Tue, 22 Feb 2005 04:04:39 +0000 Wow! This is *exactly* the reason I want to get rich…

Once my net worth is $40m+ I’d happily pay 14 to spend two weeks there.

I can’t wait!

]]> c93e8c52ec2abde06ab81e1438d4c92e ian_from_brisbane replied to the topic Olly Newland book - The Day The Bubble Bursts in the forum No Subject https://www.propertyinvesting.com/topic/4378802-olly-newland-book-the-day-the-bubble-bursts/#post-4507030 Tue, 22 Feb 2005 03:30:41 +0000 Hi!

I read it a couple of months ago and can barely remember a thing about it, other than I disagreed with just about everything he said :)

I think Olly is an advocate of “Timing the market” rather than “Time in the market”.

Sorry I can’t offer a more helpful review.

-Ian

]]> 80a4ab22e50db2d410dee43c18a12e96 ian_from_brisbane replied to the topic Why should RE appreciation outstrip inflation? in the forum General Property https://www.propertyinvesting.com/topic/4378741-why-should-re-appreciation-outstrip-inflation/#post-4506611 Tue, 22 Feb 2005 03:19:27 +0000 FINALLY!

A post I agree with. This “median house” phenomenon is exactly the point I was about to bring up.

Prices cannot appreciate above inflation indefinitely.

Of course they can! If you are talking about a ‘house’ being a 3 br detached dwelling on 600sqm when everybody else in 50 years time is stuck in a high rise apartment, that property…[Read more]

]]> 75aa25f5fc9bdfeb755023818785a336 ian_from_brisbane replied to the topic agents seeking work in the forum General Property https://www.propertyinvesting.com/topic/4378384-agents-seeking-work/#post-4504486 Sun, 06 Feb 2005 08:49:57 +0000 At no stage did I ever say it was a poor effort, or anything similar. My point was that I hadn’t got that kind of mail in my letter box for months (maybe 12 or more), so I found it significant.

]]> ee193ee38739bebd1fd87860ce043a96 ian_from_brisbane replied to the topic agents seeking work in the forum General Property https://www.propertyinvesting.com/topic/4378384-agents-seeking-work/#post-4504478 Mon, 31 Jan 2005 04:48:25 +0000 No, I thought just the fact that they are street-spamming in the first place means they’re running low on properties to list. Needless to say I didn’t call :)

]]> 3cfbd5c4afb071c30d7e8375e7865e5d ian_from_brisbane replied to the topic Paying Principal & Interest for IP in the forum No Subject https://www.propertyinvesting.com/topic/4378328-paying-principal-interest-for-ip/#post-4504215 Mon, 31 Jan 2005 04:19:33 +0000 I agree with PropertyGuru’s approach… If you work out how much the repayments would be under P&I, then every time you make an interest payment for your IO loan, put the difference into an offset account. This way it will be ‘costing’ you the same as a P&I loan each week/month, but the equity that you directly create will be much more easily…[Read more]

]]> 073a2e7c8ab241c01e4a507f8e288c2f ian_from_brisbane replied to the topic Fix Rate or Variable Rate in the forum General Property https://www.propertyinvesting.com/topic/4378360-fix-rate-or-variable-rate/#post-4504358 Mon, 31 Jan 2005 04:06:10 +0000 In my opinion, you’d be silly to spend 10’s or 100’s of thousands of dollars without first spending a few hundred dollars on building and pest inspections.

Personally, I prefer (fixed) interest only loans… but it would depend on the town… I’d only do it if the town were well established and not likely to shrink in size.

-Ian

]]> b34f0dd270aecca81d0f170b7588e2a5 ian_from_brisbane replied to the topic How long did you take? in the forum General Property https://www.propertyinvesting.com/topic/4377683-how-long-did-you-take/#post-4500178 Mon, 10 Jan 2005 13:46:44 +0000 Hi!

At what age did you start investing in property?
25 (I’m 26 now)

What difficulties did you have in doing this?
Trying to save a deposit while simultaneously clawing my way out of $25k in bad debt (still 10k to go, but i think putting spare cash into property is still best in the long run, rather than pay that down and have to save another…[Read more]

]]> 3bd22c0d4a67cb1bd3a18a49c32f7ff7 ian_from_brisbane replied to the topic New to wrapping. in the forum Creative Investing https://www.propertyinvesting.com/topic/4377749-new-to-wrapping/#post-4500587 Mon, 10 Jan 2005 13:04:53 +0000 Is there something critically wrong with this particular suburb? I thought Sydney prices were supposed to be way higher than Brisbane…

]]> e4147d89e9f94ceb812e462b8040bb54 ian_from_brisbane replied to the topic Potential Investment Analysis in the forum Help Needed! https://www.propertyinvesting.com/topic/4377793-potential-investment-analysis/#post-4500874 Wed, 05 Jan 2005 13:19:45 +0000 For stamp duty, there are calculators on the Office of State Revenue’s website:

Try http://www.osr.qld.gov.au (or your state’s equivalent).

]]> d55439116e5f6e1b10d6f8212864020d ian_from_brisbane replied to the topic Absolute Beginner in the forum Help Needed! https://www.propertyinvesting.com/topic/4377768-absolute-beginner/#post-4500732 Wed, 05 Jan 2005 13:07:30 +0000 Hi! At first glance of your post I thought you could still get the FHOG in your name even if your partner has had property before, but now I’m not 100% certain :) Anyone?

]]> 66abbd83e0372550cc473d6c2f7b5304 ian_from_brisbane replied to the topic Rent Yeilds in the forum No Subject https://www.propertyinvesting.com/topic/4377808-rent-yeilds/#post-4500936 Wed, 05 Jan 2005 12:42:39 +0000 annual rental income / purchase price * 100

So for a $100k property renting at $100/week ($5200/year) the yield is 5.2%

]]> 9fc4d0dc9bff643e82ba0f544df24b2f ian_from_brisbane replied to the topic To sell or not to sell in the forum No Subject https://www.propertyinvesting.com/topic/4377807-to-sell-or-not-to-sell-6/#post-4500931 Wed, 05 Jan 2005 12:37:54 +0000 Even if you sold it at a profit now (and the profit would be tiny after expenses), do you think it would be worth it after all the research/hassle of buying it in the first place? I’d say hang on to it for at least another 9 years, 4 months :)

]]> a8d7494418a62338f119e96b16d58236 ian_from_brisbane 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/5/#post-4491444 Wed, 10 Nov 2004 02:12:26 +0000 Hi,

One of my major life goals is to take a holiday in space for one or two weeks. Needless to say this will be expensive, even if the cost does come down in the decades to come. I figure by the time I’m ready it may cost me about $5 million but that’s just a guess. So this is one of my main motivators for creating wealth.

After I’ve taken care…[Read more]

]]> 1b74d11fa2a78492bea5aa3185a10309 ian_from_brisbane replied to the topic Definition of: flat,unit,apartment in the forum Help Needed! https://www.propertyinvesting.com/topic/4374875-definition-of-flatunitapartment/#post-4481778 Wed, 07 Jul 2004 21:52:13 +0000 Thanks everyone, those are great replies!

And I think condos are a bit like buying ‘shares’ in a company (the block of units), then the number of shares you buy entitles you to live in one of the units.

I could be way off tho, I’m from Brisbane not New York.

]]> 5b926a30afa75b1ec505533b91d2ba3e ian_from_brisbane replied to the topic Steve McKnight Seminar - anyone going? in the forum General Property https://www.propertyinvesting.com/topic/4371060-steve-mcknight-seminar-anyone-going/#post-4453253 Fri, 06 Feb 2004 04:29:46 +0000 Yeah, I’d go if I lived in Melbourne… for $990 (off the internet) that’s a great price.

]]> c46032b7af13b2bc74a8e9b2afb93bba ian_from_brisbane replied to the topic brisbane accountant needed in the forum No Subject https://www.propertyinvesting.com/topic/4370954-brisbane-accountant-needed/#post-4452478 Fri, 06 Feb 2004 04:17:21 +0000 Originally posted by Julia:
Ian,
I am a Qld accountant but on Bribie Island Rd. If you send me your e-mail address I will send you my free rental property booklet.

julia@bantacs.com.au

Hi Julia, I tried to email you at that address a few days ago but it bounced. I will try again.

]]> 0a798a9b100e5968851d966909f93b26 ian_from_brisbane replied to the topic 11 Second Solution ??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371045-11-second-solution-6/#post-4453136 Thu, 05 Feb 2004 09:47:15 +0000 No… the ‘correct’ way (really there is no right/wrong) would be to keep looking. Throwing more capital at a property will just give you a lousy CoCR anyway.

]]> 446ceb8cc1bebce3171cbdac19419a37 ian_from_brisbane replied to the topic Property Busts in the forum General Property https://www.propertyinvesting.com/topic/4370521-property-busts/#post-4448602 Thu, 15 Jan 2004 03:59:13 +0000 I know Sydney had a downturn in 1989-90 where across the board a drop in housing prices of around 13% occurred but this was on the back of a 40%+ rise the year before.

I think it was also the result of high interest rates.

]]> b9b9c9f40e296ef844257c2f6d326be2 ian_from_brisbane replied to the topic Shops in the forum General Property https://www.propertyinvesting.com/topic/4370516-shops/#post-4448560 Thu, 15 Jan 2004 03:45:33 +0000 The cost of various types of insurance compared to other suburbs can also be an indicator of the crime rate.

Are there any vacant shops in the area by the way?

-Ian

]]> 79660a5b981f16421334be332f4afb7d ian_from_brisbane replied to the topic Residential as opposed to commercial in the forum General Property https://www.propertyinvesting.com/topic/4370443-residential-as-opposed-to-commercial/#post-4447987 Mon, 12 Jan 2004 15:07:38 +0000 With commercial it’s very different. There also aren’t many books on the topic.

I recommend this great book to anyone that hasn’t read it yet:

“How Investing in Commercial Property Really Works” by Martin Roth

]]> aa82adb545d854416b713c6eb7b45945 ian_from_brisbane replied to the topic FHOG Help in the forum No Subject https://www.propertyinvesting.com/topic/4370234-fhog-help/#post-4446183 Sun, 04 Jan 2004 07:03:11 +0000 I got the 7000 immediately, and there was no mention of a minimum occupation time (only that I had to move in within a year).

]]>