PropertyInvesting.com | investron | Activity https://www.propertyinvesting.com/members/investron/activity/ Activity feed for investron. Tue, 14 Apr 2026 14:59:43 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7907a71be182e51f7da0c53295dfa799 investron replied to the topic What would you do if you were me? in the forum No Subject https://www.propertyinvesting.com/topic/4381304-what-would-you-do-if-you-were-me/page/2/#post-4523701 Fri, 29 Jul 2005 12:30:46 +0000 old dazzling, you took the – you’ve got to be cruel to be kind approach.

everything you said should have been taken as encouragement.

don’t spit the dummy, we all help in our own way.

]]> 0539e3904867e868beade9020806be7d investron replied to the topic Just one tip... in the forum No Subject https://www.propertyinvesting.com/topic/4381282-just-one-tip/page/2/#post-4523491 Fri, 29 Jul 2005 08:41:34 +0000 It’s better to pay interest than pay it all in tax, at least you end up with something, with little pain.

]]> d608140efa8a125a76ccc3fae184bf22 investron replied to the topic First investment- unit in the forum No Subject https://www.propertyinvesting.com/topic/4380088-first-investment-unit/#post-4514971 Fri, 06 May 2005 05:48:56 +0000 220/w on $174,000 gives you 6.57% gross return
you still have to take out rates, insurance, repairs etc
after you deduct these, what % return will you get.

]]> 40ab346ae9929be3775aaa87bdaca397 investron replied to the topic Cost of demolishing? in the forum Value Adding https://www.propertyinvesting.com/topic/4374322-cost-of-demolishing/page/2/#post-4478276 Fri, 29 Apr 2005 14:23:03 +0000 Ask the Fire Brigade if they want to use it for exercises and get them to have the council clear the block for you, because you have so community minded.

You don’t know, if you don’t try.

]]> 04a6cb399e0f4d0b9910f221f91c122d investron replied to the topic Development project costings in the forum Value Adding https://www.propertyinvesting.com/topic/4379786-development-project-costings/#post-4512893 Fri, 29 Apr 2005 13:36:25 +0000 Allow $25,000 per block, thats what we do.

I live in the so called bush, a hundred k’s from Cairns in North Queenaland.

My calculations:- you may only get about 70 allotments out of 80,000 M2, all depends on the size the town plan allows.

3.5 – 800 M2 blocks per acre, and 80,000 M2 = 20 acres.

]]> 966698e8b8d09c99ed7505706c8eba39 investron replied to the topic comprehensive car insurance? in the forum Opinionated! https://www.propertyinvesting.com/topic/4378488-comprehensive-car-insurance/#post-4505128 Fri, 25 Feb 2005 05:42:02 +0000 I found RACQ very cheap and if your a member you get extra discounts.

]]> 9c9ff98b4c2cfb03bd214c77a41fa9e8 investron replied to the topic Buying a display home on rent back in the forum Help Needed! https://www.propertyinvesting.com/topic/4378485-buying-a-display-home-on-rent-back/#post-4505109 Fri, 04 Feb 2005 09:38:47 +0000 in my experience the rent offered in the rent back period was well over market value, and after that, the return on my ivestment wouldn’t have been enough, so I didn’t go through with it.

]]> 3efedbc0d3ece233a2dd01b0d38f77d0 investron replied to the topic Financial planners in Sydney? in the forum General Property https://www.propertyinvesting.com/topic/4378359-financial-planners-in-sydney/#post-4504354 Sun, 30 Jan 2005 04:13:41 +0000 don’t go paying good money to some wan#*% to tell you what you should do, ask here, at least most of the people here have done something, most advisers don’t even have a portfolio themselves.

]]> 5ad2e5f10be95c3fc21c4e9e0638d2eb investron replied to the topic rezoning land: commercial to residential in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378355-rezoning-land-commercial-to-residential/#post-4504334 Sat, 29 Jan 2005 17:55:03 +0000 The Shire or City Council will tell you.

Even try your local surveyer, they know most of the rules and should know what can and can’t be done.

]]> 4d677fd2214a66c69761f20543fcd227 investron replied to the topic finance for commercial property in the forum No Subject https://www.propertyinvesting.com/topic/4378356-finance-for-commercial-property-2/#post-4504336 Sat, 29 Jan 2005 17:49:01 +0000 NOT A BROKES – JUST A BORROWER

From my experience.
Banks prefer residential, and lend the most on them.
Commercial is around 65%
Rural 50%
I have all three, for various reasons, but reseidential is the safest for you and the banks.

]]> e3cc25687ba4fb39a49c132cd22a3029 investron replied to the topic How much to borrow ? in the forum Finance https://www.propertyinvesting.com/topic/4378196-how-much-to-borrow/#post-4503411 Sun, 23 Jan 2005 11:44:05 +0000 borrow as much as you can, and keep your own money for a deposit on another property.
i m o, interest only loan fixed for 5 years.

]]> 42cc38b32d85290a73b8caa784806a30 investron replied to the topic To rent or to buy in the forum Help Needed! https://www.propertyinvesting.com/topic/4378185-to-rent-or-to-buy/#post-4503335 Fri, 21 Jan 2005 04:58:07 +0000 rent money is dead money, it’s not deductable, nor are house repayments, but the house will be yours and will increase in value over time.

If you have money left over after living exp. and repayments, this will help you to get investments, and you don’t even need that if you find CF+ properties.

]]> 545cb325b5a801a6f947e23920ff18e5 investron replied to the topic You know your in North Queensland when..... in the forum No Subject https://www.propertyinvesting.com/topic/4378160-you-know-your-in-north-queensland-when/#post-4503225 Thu, 20 Jan 2005 06:03:48 +0000 I wish I could think of a list for you southeners, but alas I’m only a Nth Queenslander

]]> 6d08852b9ff65c6e273f5968a6bf7292 investron replied to the topic Rural property in the forum Help Needed! https://www.propertyinvesting.com/topic/4378166-rural-property/#post-4503259 Thu, 20 Jan 2005 05:54:25 +0000 Westpac would only lend me 50% of value, if it has a house on it they may go to 60 or more, if it’s more residential than rural, they may go to 80%.

]]> 1fa5107fa843edffcfcec66bd0c18a3e investron replied to the topic Stress Management in the forum Forum Frolic https://www.propertyinvesting.com/topic/4378096-stress-management/#post-4502741 Wed, 19 Jan 2005 08:49:53 +0000 If it’s not going to kill you, don’t worry about it,
and some say it’ll make you stronger.

This always help me in stressfull times.

]]> d23a764e37ae7d4235de9c237a2c9021 investron replied to the topic Favourite Sayings in the forum Forum Frolic https://www.propertyinvesting.com/topic/4377237-favourite-sayings/page/2/#post-4496885 Wed, 19 Jan 2005 08:36:59 +0000 The funny thing about common sense is
it’s not very common.

]]> 1d8afa94777375576f887dd9cb322d27 investron replied to the topic My situation, advice? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378137-my-situation-advice/#post-4503086 Wed, 19 Jan 2005 08:17:00 +0000 You should always pay of undeductable loans off as soon as possible.
Depending on your income and how much you need to live on, you can still buy an investment or two.

]]> 4b937f671da5c8a9cb2d82300a4dca88 investron replied to the topic Trying to get my head around it all!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4378087-trying-to-get-my-head-around-it-all/#post-4502681 Mon, 17 Jan 2005 07:22:06 +0000 many investors manage their own investments, I do my own and always have done, it can be very sole building or destroying.
It doesn’t take a great deal of time, so it’s not a full time job, unless you have 30 or more.

]]> 5345de18558a74ee395bc74c9997e321 investron replied to the topic Trying to get my head around it all!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4378087-trying-to-get-my-head-around-it-all/#post-4502679 Mon, 17 Jan 2005 06:41:29 +0000 please explain

]]> fd5dbaf9ed56ff94110bc4497081408e investron replied to the topic Favourite Sayings in the forum No Subject https://www.propertyinvesting.com/topic/4377237-favourite-sayings/page/2/#post-4496878 Mon, 17 Jan 2005 06:34:33 +0000 not funny like some, but unfortunatly true.

The only thing we have learnt from history, is that we have learnt nothing at all.

]]> 8ebb60e4d592ade6039eace8c22565e9 investron replied to the topic Loan Arrangement - Tax Deduction in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378064-loan-arrangement-tax-deduction/#post-4502568 Mon, 17 Jan 2005 06:17:23 +0000 do what derek says, it’s easier than splitting the loans now, and next time you’ll split them.

]]> c962e72972068c005ae73404aab9717b investron replied to the topic Building inspection report in the forum General Property https://www.propertyinvesting.com/topic/4378076-building-inspection-report/#post-4502647 Mon, 17 Jan 2005 06:09:02 +0000 You should always get a building report, for your own peace of mind, you can also use it in negotiations to reduce the price.

But if the report is bad, you wouldn’t want to buy it anyway, at any price and just becaue the report is bad, doesn’t mean the sellers are going to be any more negotiable, they still think it’s worth their price, in it’s…[Read more]

]]> d46d4cb15588f089da47fa4328a7aa3b investron 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/page/2/#post-4500183 Sun, 16 Jan 2005 16:53:34 +0000 I started at 30 and retired at 39.
Came back at 43 and retired again at 48.
It does’t matter when you start, the hardest thing is starting.
When you do, you will love it, and you won’t beleive how easy it all is.

You just have to have the guts to do it the first time.

]]> 2e459eeadf3d365bca728462f9ea75f3 investron replied to the topic Building inspection report in the forum General Property https://www.propertyinvesting.com/topic/4378076-building-inspection-report/#post-4502645 Sun, 16 Jan 2005 16:40:23 +0000 YES
But when you have paid their fee and found out all the things wrong with the place, what difference will it make to you, and more importantly, what difference will it make to the sellers.

]]> 09dac0d273d939b47b5a63733fe6c1b6 investron replied to the topic Cost of demolishing? in the forum Value Adding https://www.propertyinvesting.com/topic/4374322-cost-of-demolishing/page/2/#post-4478267 Sun, 16 Jan 2005 16:36:05 +0000 Here in far north QLD, we sell the whole building for removal.
All depends on condition, 10g for not too bad, 20g for ok and 30g for good, costs about 40g to shift and set up again.
Some removal firms even buy them, set them up on another block and sell them off.
I wouldn’t be paying anoyone, I’d be looking at making some money.
Phone removal…[Read more]

]]> 872fdd9e0c6a91a3d61fa8662c08e00f investron replied to the topic How much to develop in the forum Value Adding https://www.propertyinvesting.com/topic/4378039-how-much-to-develop/#post-4502417 Sat, 15 Jan 2005 09:30:14 +0000 I may have read things wrong, but $10,000 a square equates to around $1,000 a metre 2 ( square metre )
It can’t be $10,000 a squrae metre.
That would make each unit cost over a million dollars.

]]> c796eeeca5296149920a301cce578c9e investron replied to the topic making income tax work for me in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377912-making-income-tax-work-for-me/#post-4501654 Fri, 14 Jan 2005 16:20:24 +0000 Negative gearing is the best way to reduce your tax.

It’s better to pay interest, than to pay tax, at least you end up with something.

Borrow and buy, the tax man will help you pay it off.

]]> 9c0b2bc8f31942a10ba8c10f65596bfb investron replied to the topic Advise needed for next step in the forum Help Needed! https://www.propertyinvesting.com/topic/4377953-advise-needed-for-next-step/#post-4501888 Tue, 11 Jan 2005 14:00:04 +0000 What rent do you expect to get, less rates,insurance + maintenance.

That should help you decide how much higher to go

]]> 9912e8f0bbb6735587d06e9c9db0008a investron replied to the topic private landlord with rental trouble in the forum Help Needed! https://www.propertyinvesting.com/topic/4377914-private-landlord-with-rental-trouble/#post-4501660 Tue, 11 Jan 2005 13:55:31 +0000 Westpac charged me $4 for each number coded book, I’m sure other banks do the same.
If the tenants do it direct to your a/c, tell them they have to have there name next to it, otherwise you won’t know who it is and won’t be able to receipt it, FOR THEM.

]]> 2090cb9404a218c7483b2398a3a8645d investron replied to the topic How do I find a developer in the forum Help Needed! https://www.propertyinvesting.com/topic/4377797-how-do-i-find-a-developer/#post-4500901 Sat, 08 Jan 2005 18:57:55 +0000 Redhaven
You should get about 350 house allotments out of your 100 acres, at a cost of approx 25 to 30,000 to develop each block.
Do it in stages, a surveyer will know how many.

Anyhoo 350 blocks with a profit of around 40,000 = 14 million dollars.

If you let a chance like that slip through your fingers, I for one will never speak to you again.

]]> eb28ce4df91d67ead9969ead2aeaf1c8 investron replied to the topic Eggs In One Basket in the forum Help Needed! https://www.propertyinvesting.com/topic/4377859-eggs-in-one-basket/#post-4501243 Sat, 08 Jan 2005 18:09:12 +0000 As Byronent said,
it depends on the town, i’ve had up to 18 in one town, and still have 11, better the town you know well, than one you know a little about.

]]> 07808d642b1a0a6307a93655c9796225 investron replied to the topic How to sell? in the forum General Property https://www.propertyinvesting.com/topic/4376944-how-to-sell/#post-4495252 Wed, 10 Nov 2004 10:04:49 +0000 Timtam, I’m slightly dislexic and I probably can’t spell iether, but every time I see you name I inadvertantly read
TIT MAN
Sorry But I couldn’t hold it in any longer

]]> 03b657d0333db06afd5d64b38189ca45 investron replied to the topic How to sell? in the forum General Property https://www.propertyinvesting.com/topic/4376944-how-to-sell/#post-4495250 Wed, 10 Nov 2004 09:43:30 +0000 Get another agent, sole agencies are for the agents benefit not yours, Trust me I’m an agent.

]]> d3179cb88e585d843d54017b1549853a investron replied to the topic investing in far north qld in the forum Help Needed! https://www.propertyinvesting.com/topic/4376785-investing-in-far-north-qld/#post-4494454 Fri, 05 Nov 2004 02:24:40 +0000 I’m 100 km from Cairns and our markets are completely different, let alone Mt Isa which is in western QLD, 1000 or more km away from here.

]]> 458dfc4a23c8de134bbc6a365e6ef74c investron replied to the topic investing in far north qld in the forum Help Needed! https://www.propertyinvesting.com/topic/4376785-investing-in-far-north-qld/#post-4494451 Thu, 04 Nov 2004 03:59:48 +0000 I’ve since been told that there are 2 sides in The Isa (as the locals call it) the stinky side ( smell or smoke from the mill ) and the other side.
I’ve also been told that the reason why the rents are so high there is because no one wants to own property there.

This is from an x resident, who left 12 years ago, so it may be completely different now.

]]> 525a602dd5001976c0383801036c6a77 investron replied to the topic Crazy Valuation in the forum Help Needed! https://www.propertyinvesting.com/topic/4376791-crazy-valuation/#post-4494476 Wed, 03 Nov 2004 05:44:03 +0000 Had the same problem, valuer was $ 400 G below the comparable properties presented to him, it made no difference, the bank went with his, until I got nasty, and now we are all friends again.

Tell the bank you will leave, and what they are going to miss out on if you do.

Worked for me.

]]> e964cafc3c18d79f769b7207ae4c7dd5 investron replied to the topic investing in far north qld in the forum No Subject https://www.propertyinvesting.com/topic/4376785-investing-in-far-north-qld/#post-4494446 Tue, 02 Nov 2004 10:18:36 +0000 I live near Cairns, too far North East I’m sorry.

]]> 3ae3a2e4ac315d042ce7832ba5ed8438 investron replied to the topic average income in the forum No Subject https://www.propertyinvesting.com/topic/4376755-average-income/#post-4494333 Tue, 02 Nov 2004 10:16:31 +0000 Super Ted,
What the #@*% is an ICQ

]]> 50dd1b69c55b82849c39a45798a5776c investron replied to the topic investing in far north qld in the forum Help Needed! https://www.propertyinvesting.com/topic/4376785-investing-in-far-north-qld/#post-4494444 Tue, 02 Nov 2004 09:52:35 +0000 Where in far north QLD

]]> a0f643647d6c5159d701d5ed68083bb8 investron replied to the topic Wizard Head Start Shared Equity Loan! in the forum Finance https://www.propertyinvesting.com/topic/4376663-wizard-head-start-shared-equity-loan/#post-4493944 Sat, 30 Oct 2004 04:28:22 +0000 Wizard has just sold out to G E international.

I don’t know if that’s good or bad, but GE are a’holes.

]]> 7cf4084a2fe502f37c358dae61aa5646 investron replied to the topic 15 year fixed interest loans anyone looked at this in the forum Finance https://www.propertyinvesting.com/topic/4376669-15-year-fixed-interest-loans-anyone-looked-at-this/#post-4493960 Wed, 27 Oct 2004 03:11:37 +0000 I signed up for 10 years fixed, at 8% in 2000 and have regretted it ever since, but if rates had gone up instead of down, I would be as happy as a pig in s#*t,
the penalties are far too high if you need to break out,
a lot of things change in 15 years.

]]> 6ad7a06d3f4ba8e7a4b8aa8d64144c7a investron replied to the topic Residential v Commercial in the forum General Property https://www.propertyinvesting.com/topic/4376591-residential-v-commercial/#post-4493597 Sat, 23 Oct 2004 06:21:47 +0000 Good Points;
%return is usually higher
usually less complaints from tenants
tenants usually look after the property better, as their place of business

Bad points
Most lenders only lend 65%of value on commercial + industrial
and you may have trouble getting cheaper residential loans with commercial mortgages.
if things go bad, you can always drop…[Read more]

]]> be935bbb4290ecfc31eb2d9c484e8820 investron replied to the topic Interest Only Loans in the forum Help Needed! https://www.propertyinvesting.com/topic/4376454-interest-only-loans-10/#post-4492750 Thu, 21 Oct 2004 01:44:15 +0000 Bought my first property in 1975 for $ 18,000, all the neighbours thought I was paying too much as prices had just gone up from $ 14,000, I sold this property in 2001 for
$ 638,000 and every one told the buyer he was mad and paid too much, other properties close by have now sold for
$ 730,000.
These prices have been the norn in many European…[Read more]

]]> b750d4e0ce743a70fa71ce38f98ce34c investron replied to the topic Need a new bank in the forum Help Needed! https://www.propertyinvesting.com/topic/4376266-need-a-new-bank/#post-4491738 Thu, 21 Oct 2004 01:06:42 +0000 GOOD NEWS

Just got e mail from WBC manager, that after long and hard negotiation by him, the bank has agreed to my requests.

Looks like I’ll probably have to have to do the same thing with them every time from now on.

Thanks for all the replys and offers to help.

]]> cd3c1631eb04947c4af79837e850f05b investron replied to the topic Need a new bank in the forum Help Needed! https://www.propertyinvesting.com/topic/4376266-need-a-new-bank/#post-4491735 Fri, 15 Oct 2004 06:36:04 +0000 The latest in my saga.
Had a visit today from my bank manager, giving me all sorts of excuses, why they can’t do this and can’t do that.
I finally found my balls and told him I didn’t really care what they could and could not do, this is what I want and if I don’t get it I’m leaving.

He tried to give me a lot of other excuses, but I cut him off,…[Read more]

]]> 5cb7f91945d88c118ad9da0a44f7b40c investron replied to the topic Subdividing 23 ha into 1 ha blocks with other inve in the forum No Subject https://www.propertyinvesting.com/topic/4376093-subdividing-23-ha-into-1-ha-blocks-with-other-inve/page/2/#post-4490368 Fri, 15 Oct 2004 03:24:38 +0000 The developers here say it costs them around $ 22,000 per house allotment, so for rural it would be cheaper.

Don’t forget the interest on borrowings, untill you have sold enough blocks, and then taxes.

]]> 7eafcc130c00885544ea2f71a8f6c0cb investron replied to the topic Subdividing 23 ha into 1 ha blocks with other inve in the forum No Subject https://www.propertyinvesting.com/topic/4376093-subdividing-23-ha-into-1-ha-blocks-with-other-inve/page/2/#post-4490364 Thu, 14 Oct 2004 04:13:11 +0000 I’ve got some rough indications on the costs of subdividing, in my area.

Roads $30/m2
Kerbing + Channelling $35/metre
Water $70/metre
Storm Water $2000/block
Electricity $800/block
Sewerage $40/metre
PLUS Council Fees + Charges + Contributions, Surveyers, Engineers etc. etc.

]]> 93f784544c77d985a07071b174f9c437 investron replied to the topic [biggrin] Help Financial Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4376370-biggrin-help-financial-advice/#post-4492326 Thu, 07 Oct 2004 06:21:04 +0000 A vacant block has no income, only expenses.

Shouldn’t you be trying to get an income.

Income will help you buy more property.

]]> b45cfc68d9aa6244ab6495b46ca6cd14 investron replied to the topic Need a new bank in the forum Help Needed! https://www.propertyinvesting.com/topic/4376266-need-a-new-bank/#post-4491728 Fri, 01 Oct 2004 01:51:06 +0000 I’ve been with WBC for 5 years.
As soon as they start telling me that they can’t make a decision and have to submit it to someone else, it’s time to leave.

]]> 210a2ac89cc0a6352696abd0bdcb60d2 investron replied to the topic Should I buy a unit or house????? in the forum No Subject https://www.propertyinvesting.com/topic/4376263-should-i-buy-a-unit-or-house-2/#post-4491661 Fri, 01 Oct 2004 01:31:49 +0000 When there is an oversupply of rentals, units are always first to become vacant, you will very rarely have a tenant leave a house for a unit, but most are keen to leave a unit if they can get a house.
Returns are sometimes better on units, but the higher the return, the higher the risk.
Times aren’t always going to be good, so houses will always…[Read more]

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