PropertyInvesting.com | J-lou | Activity https://www.propertyinvesting.com/members/j-lou/activity/ Activity feed for J-lou. Mon, 13 Apr 2026 03:36:57 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 086615839fadf5d2fdc9a79a382c4b59 J-lou replied to the topic Subdivision approval - What's next? in the forum Value Adding https://www.propertyinvesting.com/topic/4405757-subdivision-approval-whats-next/#post-4662906 Sat, 04 Feb 2012 03:49:36 +0000 The approvals are in place so it would be a waste to not subdivide before the expiry, add to that the LG regulations have changed since it was approved and we wouldn't get approvals to do it now.We've made a decision re the front block now, we are going to build on it.  Thanks for the advice re planner, I am going to ring the council on monday.  I…[Read more]

]]> 9321888ad19586b68bf5af7cc92a8ac4 J-lou replied to the topic Your Questions to Steve McKnight in the forum Help Needed! https://www.propertyinvesting.com/topic/4405354-your-questions-to-steve-mcknight/#post-4659974 Mon, 05 Dec 2011 08:02:27 +0000 What are the common traps and pitfalls we should be aware of as first-time developers when subdividing a property?

]]> 01acbe61b6cde1ba8be4b471c25ec046 J-lou replied to the topic Account management help in the forum Help Needed! https://www.propertyinvesting.com/topic/4400687-account-management-help/#post-4628802 Wed, 28 Jul 2010 03:20:55 +0000 If your worried about spending the balance, why don't you divert what currently goes into Acct 2 into a seperate account, and leave acct 1 and 3 in your offset?  That way you won't be tempted to spend your savings on luxuries, and still have the majority of your income offsetting your mortgage.Jess

]]> 2bb7ee2ad1ffe18443fc612d4f7d2646 J-lou replied to the topic Do I have to pay GST? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400457-do-i-have-to-pay-gst/#post-4627516 Tue, 06 Jul 2010 08:05:58 +0000 Thanks so much for your responses!  It seems there are just no hard and fast rules with the ATO, so it pays to see a few educated opinions. 

]]> cd98762bf53dcc13f53388d99cd7ba38 J-lou replied to the topic Renovating from a distance in the forum Value Adding https://www.propertyinvesting.com/topic/4400226-renovating-from-a-distance/#post-4625991 Fri, 25 Jun 2010 06:36:08 +0000 Thank you so much for your responses!  You have raised some excellent points that I will definitely be taking on board.  I have 6 months to set up my 'system', and I will definitely be providing all my contracters with a comprehensive document outlining the whole project – thanks for that insight Jane!Ana – I agree that communication is p…[Read more]

]]> e788af3d7ce188964b4cda2ffce790ea J-lou replied to the topic Renovating from a distance in the forum Value Adding https://www.propertyinvesting.com/topic/4400226-renovating-from-a-distance/#post-4625988 Mon, 21 Jun 2010 04:09:38 +0000 Thanks so much for your comments!  For my first one, I am planning on personally inspecting the property before buying, so the costing up hopefully won't be too much of an issue.  This will also have the advantage of personally meeting the tradies before they start, which I'm hoping will that take away a bit if the anonamousness (!) and make t…[Read more]

]]> 2e2c11603e74e8f2539e60b5b8840d61 J-lou replied to the topic Closing an option deal. in the forum Creative Investing https://www.propertyinvesting.com/topic/4399704-closing-an-option-deal/#post-4623136 Thu, 29 Apr 2010 08:31:03 +0000 Thanks Terry and Matt,Re – the norm – my baby-strategy isn't exactly the 'norm', either…. ;)   There will be enough incentive to the owner that they will be happy to give me a $1 option, if it all works out!   Still lots of formulating and work to do though – I appreciate your advice guys.  Thanks heaps!

]]> c61cc7fca0348f90149607c7a80668e2 J-lou replied to the topic Closing an option deal. in the forum Creative Investing https://www.propertyinvesting.com/topic/4399704-closing-an-option-deal/#post-4623133 Thu, 29 Apr 2010 05:43:47 +0000 That's interesting about NSW – in my plan the option fee would be literally $1.00, so that opens up another new area to look into.  Where is the best place to look / contact to keep on top of these regulations?   

]]> 0bc0641c7b88583d8cee183302893e00 J-lou replied to the topic Closing an option deal. in the forum Creative Investing https://www.propertyinvesting.com/topic/4399704-closing-an-option-deal/#post-4623130 Wed, 28 Apr 2010 14:54:49 +0000 I've heard that in some states Stamp Duty is payable, but not others.    Thanks for your response! 

]]> 4383f39cad6c929d6a287491131f64fc J-lou replied to the topic Closing an option deal. in the forum Creative Investing https://www.propertyinvesting.com/topic/4399704-closing-an-option-deal/#post-4623128 Wed, 28 Apr 2010 02:05:10 +0000 Thanks so much for your responses!The way I intend it to work is that I would add value to the property before onselling, so there 'should' be considerable gain on the option.  I'm very familiar with share/equity options, and can see so much potential with the equivalent property options but I need to know every detail about the ways to…[Read more]

]]> 7adaf8d3a5cb4dbe3cdb8da8e04b1b32 J-lou replied to the topic Closing an option deal. in the forum Creative Investing https://www.propertyinvesting.com/topic/4399704-closing-an-option-deal/#post-4623124 Tue, 27 Apr 2010 12:11:30 +0000 That's what I hoped to hear!  Are there any challenges in selling a property that you don't hold title for in the traditional way?  ie through an agent?   Are most agents willing to do this?

]]> 590fa0b17a5ebd3f9098921197a7bd20 J-lou replied to the topic Finance - this seems odd! in the forum Help Needed! https://www.propertyinvesting.com/topic/4398104-finance-this-seems-odd/#post-4613112 Fri, 18 Dec 2009 12:57:27 +0000 ktastrphe wrote:
if you want to borrow more, you will need to use your LOC as a 20%deposit  (or 10% if you are prepared to pay LMI) and go through a different lender. KT

That is exactly what I'm trying to do :)   I don't want ot be cross-collaterised.

]]> 8aa03828eb39101b5d6b06069607ef06 J-lou replied to the topic Finance - this seems odd! in the forum Help Needed! https://www.propertyinvesting.com/topic/4398104-finance-this-seems-odd/#post-4613107 Fri, 18 Dec 2009 03:12:40 +0000 Cheers, will PM Richard.

]]> fb510e3d0e529d49076bd4e96877c60f J-lou replied to the topic Finance - this seems odd! in the forum Help Needed! https://www.propertyinvesting.com/topic/4398104-finance-this-seems-odd/#post-4613106 Fri, 18 Dec 2009 02:51:01 +0000 Has anyone heard of Nooo Commissions before?  I just found them on the internet.  I am perfectly happy to go for a non-bank lender, I have found them in the past to be way better than the big 4.  'My Rate' has been really good, but don't offer offset account, which i need this time.

]]> ef8b78477c5fe6e12036c824134764d0 J-lou replied to the topic Finance - this seems odd! in the forum Help Needed! https://www.propertyinvesting.com/topic/4398104-finance-this-seems-odd/#post-4613102 Fri, 18 Dec 2009 01:38:56 +0000 It still seems really low…. I want to borrow about $340!!   then use part of the the LOC to renovate it, then rent out.We can easily repay both mortgages with the house leased out, we have such low expenses, good income and no debt  that needs our income to repay it.  Plus a great savings/repayment history.  A broker will be the way to go for sure. 

]]> 29a42e466585281a547ab8a774ca12de J-lou replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Value Adding https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/11/#post-4602705 Wed, 16 Dec 2009 09:52:13 +0000 Hey Mike,Can you do these reports for WA?Cheers,Jess

]]> aa0605397f0247c2e4e26dcb72e5a24d J-lou replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Value Adding https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/11/#post-4602704 Wed, 16 Dec 2009 05:27:06 +0000 Thanks Mike, a very interesting report!  Funnily though, the report gave a value $100k less than my recent bank valuation which is odd?!The only reason i can think of is the street rating – there aren't many houses on the street and I don't know how mine compares to them, porbably better (closer) views, but not sure about the standard of the…[Read more]

]]> d464ba44e866cfc2b64731f3b63a5dfb J-lou replied to the topic Lease to Buy question in the forum Creative Investing https://www.propertyinvesting.com/topic/4398082-lease-to-buy-question/#post-4612987 Wed, 16 Dec 2009 01:07:56 +0000 Okay.  Thanks for your response!

]]> da20f954d9cecb75236cfeb573f2341c J-lou replied to the topic Home equity for share investment loan. in the forum Hi, I recently did the very https://www.propertyinvesting.com/topic/4398034-home-equity-for-share-investment-loan/#post-4612690 Mon, 14 Dec 2009 03:20:56 +0000 Hi,I recently did the very thing you're speaking of – I found it difficult to get another bank to loan me the money without refinancing my entire loan.  I am happy with my current lender, so I ended up getting a LOC for my sharetrading with them.It seems that the banks are a little skittish about giving out a second mortgage.

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