PropertyInvesting.com | Jake H | Activity https://www.propertyinvesting.com/members/jake-h/activity/ Activity feed for Jake H. Wed, 15 Apr 2026 02:33:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2fb431b7c9cf90265375ad88b5b19457 Jake H replied to the topic Bathroom Renovation in the forum Value Adding https://www.propertyinvesting.com/topic/4408112-bathroom-renovation/#post-4681104 Sun, 09 Dec 2012 14:26:11 +0000 Hi, 
some builders might have a square meter rate you could use as a guide and then just add your p.c items( toilet, fittings)? Also make sure the waterproofing is legit and all works should come with a warranty of some kind also the builder will need to guarenteed their work for 2 years non structural 

]]> 1a7a4952069c8bbe27bc68b0c137e514 Jake H replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum I read a book by Jan somers https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/page/2/#post-4646454 Tue, 26 Apr 2011 08:26:53 +0000 I read a book by Jan somers and there was a “rule of 72”. Where you times the growth rate by x amount of years to equal close to 72 (70-74) and that is how many years it takes to double in value. Obviously it’ll change as the growth rate changes. Again I read it from a Jan somers book and it’s my understanding

]]> ff40959b946b433ed2349a55d282d58c Jake H replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum General Property https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/#post-4646445 Sun, 24 Apr 2011 01:07:12 +0000 Yep that’s exactly what I mean thanks heaps.

]]> d9a2d00bbe0bf306b8bc8594cafd2463 Jake H replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum General Property https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/#post-4646443 Sun, 24 Apr 2011 00:42:34 +0000 Hi everyone,

Thecrest you said

You mention $300 rent return on $200K = 7.5% gross rent return.

What’s the math equation to work this out. It’s got me beat as to how you did it. Thank you

]]> 303ea13cb643b536f3de23cf1b656689 Jake H replied to the topic self employed and having trouble getting loan in the forum Help Needed! https://www.propertyinvesting.com/topic/4403279-self-employed-and-having-trouble-getting-loan/#post-4645393 Sun, 10 Apr 2011 13:05:36 +0000 Good idea but no it’s just me and him. The best solution is for him to keep me on the books for 6 months. Getmy loan then I’ll contract to him.

]]> 5be09c0b8982e65f13f80b252dcf0163 Jake H replied to the topic self employed and having trouble getting loan in the forum Help Needed! https://www.propertyinvesting.com/topic/4403279-self-employed-and-having-trouble-getting-loan/#post-4645388 Thu, 07 Apr 2011 09:25:05 +0000 ive worked for the same builder all through my apprentichip and in july i turn tradesmen and ill be contracting to the same builder. However there is an 80/20 rule that applies and i have to contract to another company 20% of my time. Although im guaranteed work every day the banks still regard me as self employed. i have enough for a deposit now…[Read more]

]]> 3545674c161e5006f6ad6b7e64fd9025 Jake H replied to the topic Aspiring investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4403101-aspiring-investor/#post-4643882 Mon, 28 Mar 2011 04:01:07 +0000 Hey matt are you sure you can get your FHOG on your second house?

]]> 4a425ed9e1e9389c4e1915f4eff6c5c7 Jake H replied to the topic Aspiring investor - First Home saver accounts and high interest savings accounts in the forum Finance https://www.propertyinvesting.com/topic/4403165-aspiring-investor-first-home-saver-accounts-and-high-interest-savings-accounts/#post-4644282 Sun, 27 Mar 2011 10:12:03 +0000 Ok so at what point do u pay stamp duty? When it becomes an investment?

]]> 4942ecaef285c0742f88a9b176325db9 Jake H replied to the topic Aspiring investor - First Home saver accounts and high interest savings accounts in the forum Finance https://www.propertyinvesting.com/topic/4403165-aspiring-investor-first-home-saver-accounts-and-high-interest-savings-accounts/#post-4644280 Sun, 27 Mar 2011 08:37:50 +0000 As long as you live in the house for a minimum of 6 months within the first 12 months you can
Keep your govt grant and rent it out.

]]> 1de6b148177e8a22788423b077f6e556 Jake H replied to the topic Aspiring investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4403101-aspiring-investor/#post-4643877 Sun, 27 Mar 2011 03:37:45 +0000 I’m young too and I research heaps of books about property investing. Join forums as youve done
And talk to people in your area that are experienced. Get to know your area it’s not to early to start looking at houses. Start getting an idea for value for money so when you are ready you know what ya lookin for. Don’t be worried about asking a…[Read more]

]]> 306916c69473f3d2cbe54417ce85a9e6 Jake H replied to the topic Beginner in the forum Thanks for Everyones help. https://www.propertyinvesting.com/topic/4402907-beginner-3/#post-4642819 Sat, 26 Mar 2011 06:11:54 +0000 Thanks for Everyones help. Its great everyone who obviously has experience gets on here n helps everyone out.
So the big thing I’m understanding is there’s numerous options u can choose from and each has there pros n cons. I cant wait to get my first house but I’ve gotta wait until the bank will lend me the money as I’m self employed. Which is a…[Read more]

]]> 64b8a9570ecc7c3210be7ac0527f920f Jake H replied to the topic Beginner in the forum Help Needed! https://www.propertyinvesting.com/topic/4402907-beginner-3/#post-4642812 Mon, 28 Feb 2011 15:38:02 +0000 Makes perfect sense thank you. Again I’m really just starting out I’m going to research alot more before I do anything. Thanks for your help

]]> 9d4b7e01d04539cfcac2093f35b72ef8 Jake H replied to the topic Beginner in the forum Help Needed! https://www.propertyinvesting.com/topic/4402907-beginner-3/#post-4642810 Sun, 27 Feb 2011 23:33:49 +0000 Thanks for Everyones reply. They are really helpful.

Xdrew, yeah I really wasn’t going to be a developer as such. Until I have a bit more equity and a bit more cash behind me or borrowing power I was just going to stick to the 200-250k mark (as you said). And work my way up from there. The “appreciation trap” is this a bad thing? Just waiting…[Read more]

]]> 722794358d64db129772edcc36698266 Jake H replied to the topic Tax Breaks on Renos in the forum Value Adding https://www.propertyinvesting.com/topic/4402232-tax-breaks-on-renos/#post-4638418 Sun, 27 Feb 2011 05:36:35 +0000 If it’s an IP and your earning income on the property can you claim renovations on tax? Is it the same if your negative gearing?
Also is it true there’s a difference between replacing what was there and improving? Where is the line? Isn’t any kind of repair work improving the property?

]]> d80e49544c56dfba438f073ede2ff9e9 Jake H replied to the topic Beginner in the forum Help Needed! https://www.propertyinvesting.com/topic/4402907-beginner-3/#post-4642805 Sun, 27 Feb 2011 04:57:30 +0000 I’m not saying there different. I just meant
I was going to try stay away from quickly
turning over property for quick profit to avoid
capital gains tax. Instead using the equity to invest
more and build a property portfolio. Am I on the right
track there? Yeah ill let the pros touch the electrics
and plumbing but I’ve got enough experience on…[Read more]

]]> a13fd89fe5acb122b5b3a72808d4a250 Jake H replied to the topic Learing the ropes in the forum Help Needed! https://www.propertyinvesting.com/topic/4402895-learing-the-ropes/#post-4642736 Sun, 27 Feb 2011 04:37:51 +0000 Finspec wrote

At least one applicant will occupy the home as their principal place of residence for a continuous period of at least six months, commencing within 12 months of settlement or construction of the home.

So does that mean if you fit the criteria You can purchase property, claim the FHOG. Rent it out for the first 11 months then move…[Read more]

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