PropertyInvesting.com | jenwren | Activity https://www.propertyinvesting.com/members/jenwren/activity/ Activity feed for jenwren. Sun, 12 Apr 2026 13:54:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 bafbd697b0b9394ceaa807c1950673ce jenwren replied to the topic Bay islands - Russell Island, Lamb Island, Macleay Island. in the forum General Property https://www.propertyinvesting.com/topic/4389840-bay-islands-russell-island-lamb-island-macleay-island/#post-4568980 Sat, 09 Jun 2007 22:52:02 +0000 The way I look at these areas is:Island Lifestyle (laid back, boat ramps, water everywhere)Baby boomer retirement destination (close to relatives in Bisbane/GC but cheaper)20 Minute ferry ride from Main land1 Hour from Brisbane on public transportLook at prices on stradbroke and coochiemudloCurrent infrastructure projects include 24 Hr policing…[Read more]

]]> 751d454fd2177380320ee0682b60ade1 jenwren replied to the topic What type of vehicle do you have ?? in the forum jenwren wrote:Well I am a https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/11/#post-4524849 Wed, 06 Jun 2007 12:03:08 +0000 jenwren wrote:
Well I am a self confessed petrol head so I love this thread. I drive an 99 AU falcon ex taxi. I have fitted an aftermarket turbo kit, and low k engine and trans to this vehicle (did it all myself because I am too tight to pay) so I have XR8 performance for the cost of running a taxi. I get up to 500k's for about $30. The car is…[Read more]

]]> 33e8629ceab1e99e7ff7913c86c7f2ca jenwren replied to the topic Feet Wet in the forum General Property https://www.propertyinvesting.com/topic/4389750-feet-wet/#post-4568209 Wed, 06 Jun 2007 11:51:59 +0000 Just bought a house on Russell Island in QLD – prices now will rise.

]]> cdd843cf5c9e7493afec1cf8e5e94cc3 jenwren replied to the topic How many IPs do you have? in the forum 8 places, I owe about $780K https://www.propertyinvesting.com/topic/4389798-how-many-ips-do-you-have-2/#post-4568744 Wed, 06 Jun 2007 11:49:57 +0000 8 places, I owe about $780K Inc PPOR.$580 without PPORand get  about $1130 per week in rent.

]]> 49601eeb06dc8135bd9f53d4485704e9 jenwren replied to the topic Can you help? in the forum No Subject https://www.propertyinvesting.com/topic/4380980-can-you-help/page/4/#post-4521590 Wed, 14 Dec 2005 12:02:00 +0000 In order of importatnce:
1. Explosive Growth
2. Meteoric Growth
3. Incredible wealth.
Little help?
But seriously, I can see how to make money, and I am making money. I just want to know where the accelerator is and how do I flatten it.

]]> 2fec5646201ce450b966f133c7127846 jenwren replied to the topic If your child asks do you tell them your income? in the forum Opinionated! https://www.propertyinvesting.com/topic/4383512-if-your-child-asks-do-you-tell-them-your-income/#post-4537100 Mon, 12 Dec 2005 12:53:27 +0000 I think I would tell them, but back that up by telling them that its really irrelevant anyway because WEALTH does not always have a direct relationship with INCOME – lest see if that pricks their interest!

]]> dd78575df95e8a2b9fe87f1bffa171ee jenwren replied to the topic flood effected areas in the forum Help Needed! https://www.propertyinvesting.com/topic/4383519-flood-effected-areas/#post-4537157 Mon, 12 Dec 2005 12:38:46 +0000 I have five properties that are flood affected, all purchased at 90% LVR and all with insurance. No Bigee.

]]> 6ec8e1ed667feeb02a68808476ee5d4a jenwren replied to the topic Damage in the contract period in the forum Help Needed! https://www.propertyinvesting.com/topic/4383507-damage-in-the-contract-period/#post-4537065 Mon, 12 Dec 2005 12:36:27 +0000 No I did not take out insurance.
The house had sustained some damage prior to my purchase. Insurance companies did not want to touch it.
They did not do too much damage and yes the house was extremely cheap.

I was pushing for a fast settlement for exactly this reason, the other side have dragged the chain for a couple of weeks.

]]> 42bcfd6256b6f76fde7e393053c8051e jenwren replied to the topic Damage in the contract period in the forum Help Needed! https://www.propertyinvesting.com/topic/4383507-damage-in-the-contract-period/#post-4537060 Sun, 11 Dec 2005 10:28:49 +0000 No advice , pointers or reality checks?

]]> b3cbde5ba4aad05b86636a590d2fab4c jenwren replied to the topic Comment on wraps in the forum No Subject https://www.propertyinvesting.com/topic/4383501-comment-on-wraps/#post-4537040 Sat, 10 Dec 2005 10:35:48 +0000 I can only guess it means the vendor retains a portion of the property until the purchaser is ready to buy them out. I get all excited just thinking about how that could work!!!!

]]> 3ef14d8127a3c14802e809e40348be62 jenwren replied to the topic DEPOSIT in the forum Finance https://www.propertyinvesting.com/topic/4383403-deposit-5/#post-4536622 Sat, 10 Dec 2005 03:43:31 +0000 $500 is my standard first attempt.
I have paid 10% on a couple of occasions.

]]> ee879505e44087b58c2b9b36da90022e jenwren replied to the topic Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4383502-advice-7/#post-4537049 Sat, 10 Dec 2005 03:09:19 +0000 Rent gaurantee? – I get alarm bells when I hear that.
If the deal is good enough, you dont need trimmings.
Free standing property I fond to be a better thing all round.

Good luck.

]]> 545f7a05380f68b3d2d5894525d3566f jenwren replied to the topic URGENT: Financing hotel apartment issues in the forum Help Needed! https://www.propertyinvesting.com/topic/4383288-urgent-financing-hotel-apartment-issues/#post-4535860 Sat, 10 Dec 2005 03:04:24 +0000 If the solicitor cant do anything, get a new solicitor.

I have used finance clauses before to exit deals, it just took a letter (or e-mail in my case) saying that I could not obtain suitable finance. She does not HAVE to use a 60% LVR and the funds that she has in her account are not the concern of the developer. All she has to say is that the…[Read more]

]]> 6c650dbe34f70f5045fb2411eb4c95fe jenwren replied to the topic What type of vehicle do you have ?? in the forum Opinionated! https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/7/#post-4524772 Tue, 06 Dec 2005 09:18:00 +0000 Mmmmm I have no illusions about the tractor, she is a hobby that occasionally makes herself useful. I do my own servicing and repairs and the tractor is lucky to get 3 engine hours per month, so she doesnt cost much.
Your lesson sounds like one of those Rich Dad Poor Dad type lessons. My father has passed away, but my mother has made millions upon…[Read more]

]]> 65a396029997cc72f7cfc3ab4d528fed jenwren replied to the topic What type of vehicle do you have ?? in the forum No Subject https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/7/#post-4524770 Sat, 03 Dec 2005 22:20:48 +0000 Well I am a self confessed petrol head so I love this thread.
I drive an 99 AU falcon ex taxi. I have fitted an aftermarket turbo kit, and low k engine and trans to this vehicle (did it all myself because I am too tight to pay) so I have XR8 performance for the cost of running a taxi. I get up to 500k’s for about $30. The car is beaten up, I do…[Read more]

]]> d0f09c817989f226ab29cae3c47ecf71 jenwren replied to the topic The Good... And the Not So Good.... in the forum General Property https://www.propertyinvesting.com/topic/4383414-the-good-and-the-not-so-good/#post-4536663 Sat, 03 Dec 2005 06:29:47 +0000 When tenants dont pay, when you have to pass up the deal of a lifetime because you cant scrape up the capital, when building wealth seems to take a REALLY long time, when the bank balance says $0, when your freinds are driving new BMW’s and living in $1m homes (with $1m of bad debt), when you cant rationalise owning a boat (wont make money and the…[Read more]

]]> 32841980cfdcd356c105f1a5b7ca52b0 jenwren replied to the topic chan property investor trust in the forum Creative Investing https://www.propertyinvesting.com/topic/4383360-chan-property-investor-trust/#post-4536362 Sat, 03 Dec 2005 05:56:29 +0000 If you go to Rick Ottons website I think you can listen to an Interview with Ed Chan where he talks about the property trust.

]]> 131e6cdade51674c19068f4cfbe66672 jenwren replied to the topic Do you know anyone that retired by 30? in the forum Creative Investing https://www.propertyinvesting.com/topic/4383034-do-you-know-anyone-that-retired-by-30/page/2/#post-4534401 Sun, 27 Nov 2005 23:26:36 +0000 I think money gives us choices.
I look forward to being able to make my own choices and not rely on an employer to agree with me.

]]> b67522732484f75532458422dcc506f0 jenwren replied to the topic Vendor will NOT negotiate in the forum Help Needed! https://www.propertyinvesting.com/topic/4383333-vendor-will-not-negotiate/#post-4536099 Sun, 27 Nov 2005 23:02:49 +0000 I would make the offer again and this time in writing with a sunset clause (72 Hours) and the deposit cheque stapled to the offer.

]]> 2bd21cad1472c6b9604ded3139fa5e14 jenwren replied to the topic Good Cash flow with property – How is it done? in the forum Help Needed! https://www.propertyinvesting.com/topic/4383341-good-cash-flow-with-property-ae-how-is-it-done/#post-4536146 Sun, 27 Nov 2005 22:59:55 +0000 Last week I settled on a property for $40k with a 90% LVR leased the day of settlement for $120 per week.

I am still buying property as an individual (not in trust) and I am up to double digits in the number of properties me and the bank own together.

The deals are still out there to be found.

I know it is starting to sound like a looped…[Read more]

]]> 522aa796a1666c43816e875146352222 jenwren replied to the topic park homes?? in the forum No Subject https://www.propertyinvesting.com/topic/4383322-park-homes/#post-4536042 Thu, 24 Nov 2005 22:25:52 +0000 Returns are eroded to some extent by park fees. Capital growth is going to be slower because the block is a saleable commodity if you want to sell or not.
That said people can make money out of it – just look at the true value of what you are buying. Hope that helps.

]]> dd963fc446ed6103104ac68a44dccaa3 jenwren replied to the topic Help, do I need public liability insurance? in the forum No Subject https://www.propertyinvesting.com/topic/4383332-help-do-i-need-public-liability-insurance/#post-4536076 Thu, 24 Nov 2005 22:19:40 +0000 Conduct an impact/probability analysis.
I would say the impact is high, the probability is low.
You can get Public Liability insurance only policies. Try a broker.

]]> 66364152fda09bc3af7322122362bc1e jenwren replied to the topic If I gave you 1 mil were invest and what return in the forum No Subject https://www.propertyinvesting.com/topic/4382917-if-i-gave-you-1-mil-were-invest-and-what-return/page/2/#post-4533952 Mon, 21 Nov 2005 09:24:14 +0000 The best fish that got away was a fish that taught me a lesson. I had a chance to make a good $100k profit over 1 year. I needed a partner and couldnt find one. I had to back out of the contract under a finance clause. It was SE QLD and the $35k purchase price represented a minimal risk. I now know that my family are destined to be 95%ers.

]]> 3db2305d1e07ee71de385b315ea1e20a jenwren replied to the topic Need a great loan? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4382929-need-a-great-loan/#post-4534015 Sun, 20 Nov 2005 00:03:52 +0000 Here are our low rates for today. Just keep in mind, we will beat any rate that you are quoted at anytime. Even if you can’t get the offer in writing, tell us the lowest rate you are offered, and we will beat it by a full percentage point! And at FantasyLandMortgage.com, we never charge anything. We can even waive your mortgage tax if you don’t…[Read more]

]]> 5cf3bf371a254acbd6dba4c3826c6d60 jenwren replied to the topic the ant and the grasshopper in the forum Forum Frolic https://www.propertyinvesting.com/topic/4383148-the-ant-and-the-grasshopper/#post-4535050 Sat, 19 Nov 2005 23:44:02 +0000 That is fantastic.
As long as the grasshopper can blame everyone else for his situation, he is powerless to do anything about it.

]]> 8715c9727f636b9f391faddf190c9ee6 jenwren replied to the topic Day one positively geared properties. in the forum General Property https://www.propertyinvesting.com/topic/4382995-day-one-positively-geared-properties/#post-4534291 Sat, 19 Nov 2005 22:08:24 +0000 I have purchased cashflow positive property from day one.
As I have said before the best deals are not on the internet (they dont make it that far). They are on the street.

]]> 9fe7d1b1b30b4ea4005cdca7d5c9c558 jenwren replied to the topic Are YOU buying or selling in the forum No Subject https://www.propertyinvesting.com/topic/4383153-are-you-buying-or-selling/page/2/#post-4535097 Sat, 19 Nov 2005 22:00:28 +0000 Buying and selling

]]> b39a4d5f3b92993ee11aef28c55a3db4 jenwren replied to the topic Agent tells me he is going to buy property in the forum General Property https://www.propertyinvesting.com/topic/4383216-agent-tells-me-he-is-going-to-buy-property/#post-4535489 Sat, 19 Nov 2005 21:58:06 +0000 Fear of loss works both ways. Say to the agent, “Oh fair enough, if you get another one similar in the future will you give me a call”?
If you are investing – you will be buying with your head based on the numbers. He wants you to buy with your heart and come in strong with a good offer.
By turning the tables on the agent, and allowing him to…[Read more]

]]> 1535dabb734b8f2b8ce1efa291816bfd jenwren replied to the topic If I gave you 1 mil were invest and what return in the forum Creative Investing https://www.propertyinvesting.com/topic/4382917-if-i-gave-you-1-mil-were-invest-and-what-return/page/2/#post-4533949 Sat, 19 Nov 2005 21:47:39 +0000 Just houses, I think with $1m capital the lenders would look at you as something of a good risk.
I think you would be in a pretty good position to negotiate cheap money. Given your ability to negotiate interest in advance as well, you could probably get into some higher risk investments with a short trun around. I know it sounds trite and I dont…[Read more]

]]> 2278ef07008869bd6175c3b9f66cbb43 jenwren replied to the topic Rent to Purchase Formula in the forum Creative Investing https://www.propertyinvesting.com/topic/4383076-rent-to-purchase-formula/#post-4534681 Sat, 19 Nov 2005 10:55:21 +0000 Sad to say but the best deals are found on the street, no the internet.

]]> 28306d4e58757ba8188c7c9812ebf997 jenwren replied to the topic If I gave you 1 mil were invest and what return in the forum Creative Investing https://www.propertyinvesting.com/topic/4382917-if-i-gave-you-1-mil-were-invest-and-what-return/page/2/#post-4533947 Sat, 19 Nov 2005 10:52:55 +0000 I think I could get a solid 20% on your 1m, excluding Capital growth.
I get that on my own money.

]]> 78a4d6a1dff1a2000e2adc31434542da jenwren replied to the topic A sick persuit of money in the forum Help Needed! https://www.propertyinvesting.com/topic/4380869-a-sick-persuit-of-money/page/4/#post-4520753 Sat, 19 Nov 2005 10:29:52 +0000 For sure. I was being a little (just a wee) bit sarcastic.
I dont want government assistance.

]]> 555474b377253c1a3233f66e26c21540 jenwren replied to the topic A sick persuit of money in the forum Help Needed! https://www.propertyinvesting.com/topic/4380869-a-sick-persuit-of-money/page/4/#post-4520751 Sat, 19 Nov 2005 01:51:32 +0000 Off topic but please let it go.
While I am on a roll I have been thinking that property investors should be elligible for “Exceptional Circumstatces Assistance” much like farmers.
Farmers provide a service the Govt. cannot
So do we
Famers are subject to the vagaries of uncontrolable circumstances (weather)
So are we (economic factors)
Farmers…[Read more]

]]> bdbc4eb2888346e200fbafb3be172e76 jenwren replied to the topic A sick persuit of money in the forum Help Needed! https://www.propertyinvesting.com/topic/4380869-a-sick-persuit-of-money/page/4/#post-4520750 Sat, 19 Nov 2005 01:46:22 +0000 It is so nice to be back in this forum.
What you are all describing is what I have experienced so I dont need to get into anything to detailed.
Dr X – great topic, it has struck a chord with many people.
I live in small country town and desperately want to talk to people about my investing, (I find it really exciting to talk to people who are into…[Read more]

]]> 376e41e12ba7ea6f8c80a316af1ae9b2 jenwren replied to the topic 3 Pieces of Gold in the forum General Property https://www.propertyinvesting.com/topic/4382786-3-pieces-of-gold/#post-4533165 Fri, 18 Nov 2005 23:09:19 +0000 More than four and they sound a little like an American seminar.

100 dollars in education(books and the like) is cheaper than a 100,000 dollar mistake

No one ever went broke making a profit (dont get greedy or always look for the killer profit)

Make something easy to buy and it becomes easy to sell. (Vendor terms)

You make money by solving…[Read more]

]]> 98385c3db8488f94d7004c821e9875d8 jenwren replied to the topic Property Cycles Predictions in the forum General Property https://www.propertyinvesting.com/topic/4383066-property-cycles-predictions/#post-4534596 Fri, 18 Nov 2005 22:43:58 +0000 Property boom? its still happening isnt it?.
“Where?” is the question.
In the last year I have been doubling values in country NSW, and QLD (with +CF property) and have lost value in Sydney with a property I have owned for four years.
So I think there are booms within downturns and vice versa

]]> 84a1a5df4b79ca01c99023843893c09c jenwren replied to the topic First Rent to buy arrangement - Advice please? in the forum No Subject https://www.propertyinvesting.com/topic/4383255-first-rent-to-buy-arrangement-advice-please/#post-4535719 Fri, 18 Nov 2005 21:55:10 +0000 Thanks for that I will ensure that final sale takes one year or more.
cbellesini – are you saying that if the “income” is taxed by personal income tax therefore CGT is not applicable?

]]> af1bd0a8d00ab1a7baeab233b1baaf35 jenwren replied to the topic 1st investment PROP HELP! in the forum Help Needed! https://www.propertyinvesting.com/topic/4378118-1st-investment-prop-help/#post-4502958 Wed, 02 Feb 2005 23:02:16 +0000 mcubed

I believe with the FHOG you have to move into the property WITHIN 12 months of settlement – so you have 12 months after it is settled to move in.

Also providing you’re not in a defacto relationship (or married) with someone that has previously owned a home and got the grant, you should get the grant.

]]> 52f9daca1d5dbb973f493f15a07f3834 jenwren replied to the topic help please in the forum General Property https://www.propertyinvesting.com/topic/4378235-help-please-8/#post-4503741 Fri, 28 Jan 2005 07:05:26 +0000 We’re with Yack. If it’s not banked by the due date – we chase it up – you can’t afford not too.

When it comes to monies owed for rent, you need to be vigilant

]]> f886e8c9f983cf6b3c72729bca3b2938 jenwren replied to the topic Books to read in the forum General Property https://www.propertyinvesting.com/topic/4378265-books-to-read-3/#post-4503921 Fri, 28 Jan 2005 06:40:47 +0000 Hi Nick

Another good source of information on how you would leverage your way into property is by Ralf De Roos “Real Estate Riches” and it is one of the rich dad adviser series

Jenny & Roy

]]> 98c62491c0f7d47e38385195777a4e4f jenwren replied to the topic Positive geared property in Rockhampton in the forum General Property https://www.propertyinvesting.com/topic/4378139-positive-geared-property-in-rockhampton/#post-4503094 Fri, 28 Jan 2005 06:30:39 +0000 Hi Serfguru

Not a +CF property at that price.

Keep looking and you’ll find something that fits.

For us to consider properties, we also do Steve’s 11 second test – which means you would need to get the property at $195K. Unless you’re a really good negotiator probably best to find a better deal.

Good luck!
Jenny

]]> 4b9e56e1deb53e2651033054955e3a4f jenwren replied to the topic Who Needs a Property Manager Anyway??? in the forum General Property https://www.propertyinvesting.com/topic/4378090-who-needs-a-property-manager-anyway/#post-4502699 Fri, 28 Jan 2005 06:20:19 +0000 Hi Matt

We prefer to have PM’s as saves the hassle of having to worry about the day to day matters and we don’t have to have any direct tenant contact. If there’s a leaky tap or broken window etc we know the PM will take care of it with a couple of phone calls.

If you have lots of time up your sleeve, then you can try and give it a go. But you…[Read more]

]]> 453b8fd6c2d412ea3a23dc1e20a4111b jenwren replied to the topic 10% + in the forum Help Needed! https://www.propertyinvesting.com/topic/4378326-10/#post-4504201 Fri, 28 Jan 2005 05:51:31 +0000 Henry

Definitely out there – just need to do some good old research and negotiation. Unfortunately they don’t all fall into our laps, sometimes you have to make them happen ie renovations, building relationships with locals, agents, council etc.

Remember, not all +CF properties are advertised either, so if your contacts are good or in the right…[Read more]

]]> 68286667a9988c0b7285fa5cc38d0b26 jenwren replied to the topic STORAGE SHEDS in the forum Help Needed! https://www.propertyinvesting.com/topic/4378321-storage-sheds-2/#post-4504183 Fri, 28 Jan 2005 03:40:43 +0000 Hi Yasna & Simon

$100K plus development costs is a lot of money. If I was you I would be making sure I do my research to make sure there is definitely a demand.

The last thing you want to find out after spending 6-12 months developing that you only get 20-30% occupancy.

A couple of other factors/costs you should probably consider as well…[Read more]

]]> 44d9655f781f64400ae784e934ac59c6 jenwren replied to the topic Dissapearing post in the forum No Subject https://www.propertyinvesting.com/topic/4378077-dissapearing-post/#post-4502650 Sun, 16 Jan 2005 13:56:59 +0000 OK. Thanks.

]]> 8b8a359bf0b602b0ffbd04efbd88cf1c jenwren replied to the topic Budgeting for a family in the forum Help Needed! https://www.propertyinvesting.com/topic/4378006-budgeting-for-a-family/#post-4502168 Fri, 14 Jan 2005 05:22:03 +0000 Hi TwoBob

Actually believe it or not, you actually do get by, whether they’re planned or unexpected. It’s like when those unforseen bills come in and you wonder how you’re going to pay them as you hadn’t budgeted for them – but somehow you manage to pay them and still put food on the table and clothes on your back. And like the other elist…[Read more]

]]> 15aebb166027f32b4981778cb499be55 jenwren replied to the topic Newbie.....help me Get away from the DARK SIDE in the forum Help Needed! https://www.propertyinvesting.com/topic/4377918-newbie-help-me-get-away-from-the-dark-side/#post-4501671 Tue, 11 Jan 2005 00:12:58 +0000 Hi Lalonga

I would try contacting your local council in the area and ask them as they should be able to give you the majority of information.

Depending on the location, there might be other factors to consider such as landscaping etc as well.

]]> 9a8b0e0b3b92b0846580e2682400adb6 jenwren replied to the topic How best to build a cash positive property in the forum Help Needed! https://www.propertyinvesting.com/topic/4372553-how-best-to-build-a-cash-positive-property/#post-4465308 Mon, 10 Jan 2005 09:36:21 +0000 Suggest creative housing STCA I saw a train carriage with 3 br, kitchen bathroom everything, for 23k. Maybe buy for 18k, spend 5k reloactikng it, even then you will need 100 per week plus for a good return. Or maybe look for a house to relocate?
Or maybe just forget you have the block and buy an established house.

Roy

]]> 3ac273dcfb6381680f7804e150da9020 jenwren replied to the topic Dodgy advice from outback bank staff? in the forum Help Needed! https://www.propertyinvesting.com/topic/4377876-dodgy-advice-from-outback-bank-staff/#post-4501382 Mon, 10 Jan 2005 09:24:48 +0000 YOU MEAN PEOPLE STILL GO TO THE BANK BRANCH?

GET A BROKER!

You wont know your self.

Jenny and Roy

]]> cb4ff4456f83979b904a8d3c4b865926 jenwren replied to the topic "11 second" in the forum Help Needed! https://www.propertyinvesting.com/topic/4377917-11-second-2/#post-4501670 Mon, 10 Jan 2005 08:29:13 +0000 Read the section in ‘0 to 130’ on Cash on Cash Return and look at the scenarios that Steve provides

]]>