PropertyInvesting.com | JamesParnwell | Activity https://www.propertyinvesting.com/members/jamesparnwell/activity/ Activity feed for JamesParnwell. Sun, 12 Apr 2026 09:45:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 eea57565c112ab84b431ed3b43d11758 JamesParnwell replied to the topic Mentor needed... in the forum Help Needed! https://www.propertyinvesting.com/topic/4408023-mentor-needed-7/page/2/#post-4680446 Mon, 26 Nov 2012 04:25:57 +0000 I'd be happy to put you in contact with an Investment Property Coach I sometimes deal with. Sometimes you need specific advice for your precise situation!

]]> 874ef00c0680cf204770a2c80ed6d867 JamesParnwell replied to the topic Accountant and Broker in the forum Help Needed! https://www.propertyinvesting.com/topic/4408126-accountant-and-broker/#post-4681339 Mon, 26 Nov 2012 04:21:45 +0000 I have clients all over the place, one was even in Qatar! Most of the paperwork can be pushed around via email and meetings can be held on the phone or skype. It's the way things work these days!

]]> 9164c73716d57ad78fda24784068d3ed JamesParnwell replied to the topic Renting while investing in property in the forum Help Needed! https://www.propertyinvesting.com/topic/4384182-renting-while-investing-in-property/#post-4540670 Mon, 26 Nov 2012 04:19:19 +0000 I'm increasingly seeing people opt to rent and invest rather than buy a home to live in. The dollars just stack up better. However, I have noticed a trend to towards people purchasing a brand new home to live in as their first house and getting both the FHOG and new Home Benefits about $20k in NSW. Then they move out after the compulsory 6 months…[Read more]

]]> e1eb1c76b40e4a5bdac8966a28c39cbd JamesParnwell replied to the topic Finance for vacant land in the forum Finance https://www.propertyinvesting.com/topic/4407984-finance-for-vacant-land/#post-4680111 Tue, 30 Oct 2012 03:05:13 +0000 This looks pretty straight forward, I often take deals like this to Suncorp!

]]> e8c643ada5594db9a8445a17f6fd4417 JamesParnwell replied to the topic First Home Purchase-Live In Or Rent? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407930-first-home-purchase-live-in-or-rent/#post-4679633 Tue, 23 Oct 2012 05:15:03 +0000 Hi Coota,

I am a mortgage broker and i've found that a lot of people are buying investment properties and renting first these days. It can often work out that the rent received, tax deductions and savings when comparing rent your PPOR compared to paying repayments on a loan make renting and investing better. In fact, I have seen people pass up on…[Read more]

]]> adc613f0cae622c18cde0f217ac0fc49 JamesParnwell replied to the topic Property investment in Sydney western suburbs... in the forum General Property https://www.propertyinvesting.com/topic/4407619-property-investment-in-sydney-western-suburbs-2/#post-4677412 Thu, 04 Oct 2012 05:25:18 +0000 Hey Geeta9,

I'm a mortgage broker and i've had several clients have a fair bit of success in Jordan Springs, a new development near Penrith. They are all cash flow positive. Here are their case studies if you are interested?

http://investmentproperty-howto.com.au/jordan-springs-case-studies/

Here is a market overview as…[Read more]

]]> 912fe2a4fed441f08309796530ef0d18 JamesParnwell replied to the topic Starting Out Tips in the forum General Property https://www.propertyinvesting.com/topic/4407766-starting-out-tips/#post-4678583 Thu, 04 Oct 2012 05:19:51 +0000 Hey Patch,

I wrote an article on buying your investment property before your own home. It is certainly an option worth considering. I work as a broker and I'm finding more and more people investing in property and renting for their place of residence. Here is a link to the article… http://investmentproperty-howto.com.au/5-reasons-buy-investment-…[Read more]

]]> 9ba0eb07195168143ce2a4e6d9463928 JamesParnwell replied to the topic Should I use property investment advisors? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405425-should-i-use-property-investment-advisors/#post-4660541 Thu, 04 Oct 2012 05:09:59 +0000 I'm a broker and have dealt with good and bad property investment advisors. The warning signs are whether they are pushy or not! Most of them get paid commission for selling you a property, however the good and ethical advisors know that helping you make money through investment is the best way for them to have an ongoing relationship with you and…[Read more]

]]> de18bd3053a9e92d9da0fc3ff60703f2 JamesParnwell replied to the topic Property investment in Sydney western suburbs... in the forum General Property https://www.propertyinvesting.com/topic/4407618-property-investment-in-sydney-western-suburbs/#post-4677405 Tue, 02 Oct 2012 01:23:12 +0000 Hi,

$300,000 is the very bottom of the market. I live in the Hawkesbury area, NW Sydney. You won't find many properties at this price in the Hawkesbury region. Penrith and its surrounding suburbs may present you with some opportunities? Try Werrington, Cambridge Gardens, Cranebrook. Here is a summarised market overview I put together for Jordan…[Read more]

]]> 3ef25a4cdf9686571b7ff31c7ba72711 JamesParnwell replied to the topic Investing into Display Home with 7% - 8% leaseback for 2 - 3 years in the forum General Property https://www.propertyinvesting.com/topic/4402547-investing-into-display-home-with-7-8-leaseback-for-2-3-years/#post-4640262 Tue, 02 Oct 2012 01:15:30 +0000 Finance can be very difficult to get for a Display Home. Many lenders exclude them completely!

]]> 31e9e4503dbfe49cb23f894af57f6941 JamesParnwell replied to the topic Fixed Rates Falling in the forum Finance https://www.propertyinvesting.com/topic/4407642-fixed-rates-falling/#post-4677535 Thu, 27 Sep 2012 03:53:42 +0000 At the moment it is pretty clear that rates are heading down! As a mortgage broker I keep an eye on the fixed rates to see if interest rates are on the move. At the moment it seems they are! Here's a more detailed article I wrote on the topic!
http://investmentproperty-howto.com.au/interest-rates-are-going-down/

]]> 87b534493c45103354961ced2cefa516 JamesParnwell replied to the topic Units - How do they stack up? in the forum There are certainly pros and https://www.propertyinvesting.com/topic/4368323-units-how-do-they-stack-up/#post-4431028 Thu, 27 Sep 2012 03:50:47 +0000 There are certainly pros and cons to buying houses and units. I had a guest blogger write and article about the cultural shift Australians have had from owning the quarter acre block to living in units. It might be helpful? http://investmentproperty-howto.com.au/cultural-shift-investment-property/

]]> f3259bc8ad0bd46cc43a0c8c2b67ba8f JamesParnwell replied to the topic RBA Report Into Interest Only Loans in the forum Finance https://www.propertyinvesting.com/topic/4407421-rba-report-into-interest-only-loans/#post-4675983 Thu, 23 Aug 2012 00:51:56 +0000 Yes, 100% loans were common prior to the GCF they disappeared late 2008! I doubt they will ever be seen again, at least I think they are a bad idea!

]]> 2802498c023d44e9079fcac32c2ed744 JamesParnwell replied to the topic RBA Report Into Interest Only Loans in the forum Finance https://www.propertyinvesting.com/topic/4407421-rba-report-into-interest-only-loans/#post-4675979 Wed, 22 Aug 2012 03:56:43 +0000 Hi,

Yes 100% are a thing of the past! the disappeared about 4 years ago when the GCF started to take its affect. There have been many changes as a result of the GCF. The Interest Only idea is indeed interesting :-)

I am a broker and there is now a much higher onus to demonstrate to ASIC that the loan you are giving someone is in their benefit. If…[Read more]

]]> 93d70695f16c2bec1b4eab5fec982999 JamesParnwell replied to the topic How to buy a second investment property in the forum General Property https://www.propertyinvesting.com/topic/4407407-how-to-buy-a-second-investment-property/#post-4675876 Wed, 22 Aug 2012 03:46:35 +0000 Hi Sam,

A fixed loan won't get in the way with whether or not you can service another loan. Your plan of fixing a portion and leaving some variable is usually a pretty good strategy. Fixed rates are low at the moment when compared with the past 10 years, so the odds are in your favour!

The guys above are giving you some pretty  strong advice!…[Read more]

]]> 5d743416c3534918072ac8a9b9d7fbce JamesParnwell replied to the topic Hotspots or Warmspots? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407403-hotspots-or-warmspots/#post-4675850 Wed, 22 Aug 2012 03:39:23 +0000 Hi,

I am a mortgage broker and have had some clients invest in the Ipswich area west of Brisbane. They have seen some very poor results, one client purchased about 2 years ago for $370k and went to refinance last month and had the valuation come in at $290k. Ipswich isn't Toowoomba, however their proximity may be a caution for you?

I have one…[Read more]

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