PropertyInvesting.com | jnisted | Activity https://www.propertyinvesting.com/members/jnisted/activity/ Activity feed for jnisted. Sun, 12 Apr 2026 04:16:58 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 25b988e6267d9ae89949674cf047497f jnisted replied to the topic MasterClass Pack in the forum Help Needed! https://www.propertyinvesting.com/topic/4394129-masterclass-pack-3/#post-4592433 Mon, 15 Dec 2008 22:37:53 +0000 Hi Grant – I've got the 4 DVD Masterclass Advanced Pack. Is this the one you are after?RegardsJanet 0427 778875 or jjnisted@bigpond.net.au

]]> e1fb327efc134f25860b6c177abfb4ee jnisted replied to the topic BuyerBeware product in the forum Help Needed! https://www.propertyinvesting.com/topic/4394867-buyerbeware-product/#post-4596330 Mon, 15 Dec 2008 22:33:36 +0000 I have a brand new Buyer Beware Pack, never used.  Are you still looking for one?  If so, I am happy to post to you if you cover the postage.CheersJanet 0427 778875 or jjnisted@bigpond.net.au

]]> 9e93b119ec364148bba0e8440fef4e58 jnisted replied to the topic Investing in units in Cairns in the forum No Subject https://www.propertyinvesting.com/topic/4386025-investing-in-units-in-cairns/#post-4551030 Wed, 05 Jul 2006 03:08:23 +0000 Hi Paul

Margaret Lomas talks about these types of properties in one of her books (I think it’s her 3rd book but don’t quote me). She gives a run through of the pros and cons and what to look out for.

Janet

]]> 16865b3e9e2210142c047451c991493a jnisted replied to the topic Ideas for Creative Marketing in the forum No Subject https://www.propertyinvesting.com/topic/4385763-ideas-for-creative-marketing/#post-4549776 Thu, 15 Jun 2006 12:48:22 +0000 The house is located at Manyana, north of Ulladulla. Price is approx $1.2m. You are right about hitting the right market. Our exclusive agency agreement runs out next week so we are looking at a shared listing with a Sydney agent.

Will check out the London and HK sites also.

]]> 20f49d4cc061b2e5638bc40dc62f99d6 jnisted replied to the topic Ideas for Creative Marketing in the forum Help Needed! https://www.propertyinvesting.com/topic/4385763-ideas-for-creative-marketing/#post-4549774 Wed, 14 Jun 2006 12:23:25 +0000 Thanks Todd. I’ll check those out.

]]> e38a0e3c11c5b7ce2a02b3ad933bbdda jnisted replied to the topic What are those baby boomers going to do? in the forum General Property https://www.propertyinvesting.com/topic/4385700-what-are-those-baby-boomers-going-to-do/#post-4548333 Fri, 02 Jun 2006 05:38:50 +0000 And I sure as hell ain’t moving to the Gold Coast. Can’t stand the place.

]]> 80a0fdb4822ef5530d3432cee8f50c55 jnisted replied to the topic What are those baby boomers going to do? in the forum General Property https://www.propertyinvesting.com/topic/4385700-what-are-those-baby-boomers-going-to-do/#post-4548332 Fri, 02 Jun 2006 05:37:19 +0000 Who says we baby boomers are not tech savvy and are inefficient workers, you impudent young whipper snapper! [grrr]

]]> f3aedc3e483384ae905201d4937af60b jnisted replied to the topic The Wrap Kit in the forum Value Adding https://www.propertyinvesting.com/topic/4385644-the-wrap-kit-3/#post-4548047 Tue, 30 May 2006 05:23:12 +0000 Hi Mitzvah

From what I understand, Steve has discontinued the wrap kit because he doesn’t have the time anymore to provide the 3 months’ mentoring that comes with it. That’s why he heavily discounted the last of the stock. Apparently he will not be making it available in the future either.

Rick Otton has a wrap kit, so you could try his website…[Read more]

]]> 1adabae009f33bb0f5982e6dd4d1ce65 jnisted replied to the topic How to Strata and costs?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4385632-how-to-strata-and-costs/#post-4548011 Sun, 28 May 2006 06:27:44 +0000 What state is the property in, because the cost and process can vary from state to state.

Start by talking to Council re whether the property can be strata titled. Also talk to a surveyor for an estimate of timeframe and costs.

]]> 86e26ea9103e8d3ca9279c93dff8920f jnisted replied to the topic what is the boarding house? in the forum No Subject https://www.propertyinvesting.com/topic/4385641-what-is-the-boarding-house/#post-4548042 Sun, 28 May 2006 06:19:30 +0000 A lot of questions there, and the only way you’ll get answers is to really do your homework. Talk to Council re the zoning of the land. This will tell you what else can be done with the property if you decide not to operate it as a boarding house. Talk to agents in the area to find out if there are comparable properties and if so, what is the…[Read more]

]]> d2faade21fe0c3c3c751138591259c12 jnisted replied to the topic We want to buy her house in the forum Help Needed! https://www.propertyinvesting.com/topic/4385622-we-want-to-buy-her-house/#post-4547978 Fri, 26 May 2006 06:35:07 +0000 I’d get legal advice, perhaps the three of you need to visit a solicitor to make sure the deal is fair for everyone involved.

]]> d3fb676d7df94c6608a0815b3eed46e3 jnisted replied to the topic Numbers of properties v's cash equity? in the forum No Subject https://www.propertyinvesting.com/topic/4385393-numbers-of-properties-vs-cash-equity/#post-4546967 Fri, 26 May 2006 06:08:17 +0000 As Steve says, “are you a property collector or a property investor?”

]]> 1e1267fd6e0805373e8984eca579750a jnisted replied to the topic 1st home in the forum Help Needed! https://www.propertyinvesting.com/topic/4385519-1st-home/#post-4547562 Fri, 19 May 2006 01:06:54 +0000 One advantage of paying down your current loan, then borrowing against the increased value of the property (as opposed to selling it to release the money) is that you won’t incur selling costs. So it’s worth factoring that into your calculations.

Do your numbers based on the 2 scenarios: Reno and sell current house then buy IP, or reno current…[Read more]

]]> e9a4f4a13e68f368dcd22497c633a565 jnisted replied to the topic Job Lot of Painting tools. in the forum Value Adding https://www.propertyinvesting.com/topic/4385528-job-lot-of-painting-tools/#post-4547596 Fri, 19 May 2006 00:57:14 +0000 Thanks Mark. If it wasn’t in Melbourne I’d be really interested. Looks like a lot of gear at a very realistic price.

]]> 26a2d0375aeaac8821317bea252223b3 jnisted replied to the topic To RENO or not to RENO??? in the forum Value Adding https://www.propertyinvesting.com/topic/4385475-to-reno-or-not-to-reno/#post-4547352 Fri, 19 May 2006 00:38:41 +0000 I agree – painting over wallpaper is BAD [angry2]. If the wallpaper starts peeling, it looks 10 times worse than the original wallpaper on its own. Why not just get rid of it now – you can hire steaming thingies from hire places that make the job much easier. Or, if your budget allows, hire someone to do it for you.

As a tenant myself, I…[Read more]

]]> e7603211da96081660e46d02efc05646 jnisted replied to the topic 1st home in the forum Help Needed! https://www.propertyinvesting.com/topic/4385519-1st-home/#post-4547559 Wed, 17 May 2006 05:16:18 +0000 Hi Beggsy82

Well done for buying your first property at 23! You have a bright future indeed.

What you need to do now is set your investing goals. Start with working out what you want to achieve and why, then set goals that will help you to achieve it. Then, every action you take should be considered with the following question in mind: “Will…[Read more]

]]> b6ecd958f484b1d9a92aebaacfcef9ce jnisted replied to the topic How old is my house? in the forum Help Needed! https://www.propertyinvesting.com/topic/4385518-how-old-is-my-house/#post-4547557 Wed, 17 May 2006 01:18:15 +0000 The local Council should be able to tell you when it was constructed, as they would have approved the building plans and done the necessary inspections when it was finished.

Janet
0427 778875

]]> 7f040fc1a10068a8b354db3b9ec2d969 jnisted replied to the topic advice please in the forum General Property https://www.propertyinvesting.com/topic/4385477-advice-please-11/#post-4547361 Sun, 14 May 2006 22:09:25 +0000 Hi Yasmina. I just had a very quick look on the web and it appears that Power Loan is a fairly new organisation. Is your husband looking at a job or a franchise with them? If he is looking at buying a franchise, exercise great caution. I’d suggest doing an ASIC search on the directors for a start. Are there other people working for Power Loan…[Read more]

]]> 68e36f083302e633019759d9d351b94b jnisted replied to the topic what trust has to hold deposits?? in the forum No Subject https://www.propertyinvesting.com/topic/4385485-what-trust-has-to-hold-deposits/#post-4547412 Sun, 14 May 2006 21:46:54 +0000 Hi Misty1,

It used to be that the deposit was put into the real estate agents trust account, and then on settlement the interest was divided between the vendor and the purchaser.

These days, that doesn’t automatically happen, and to be honest I’m not sure why. Something to do with legislative changes to do with trust accounts I think. Others…[Read more]

]]> 73d5838f7f7b8335c16580e72202831f jnisted replied to the topic how do i get a deposit bond? in the forum Finance https://www.propertyinvesting.com/topic/4385486-how-do-i-get-a-deposit-bond/#post-4547416 Sun, 14 May 2006 21:38:48 +0000 Hi Misty

Not all banks offer deposit bonds, and certainly very few offer low doc deposit bonds. I was looking for one a little while ago and the best I found was as follows:

The Deposit Bond Centre. The bond fee was $572 for 3 months (minimum term) on an amount of $22,000. Make your own enquiry to find out how much it will cost you. The…[Read more]

]]> eee3469fd00e6e60cf9907982e51dacc jnisted replied to the topic A post about us in the R.E.S.U.L.T.S forum in the forum No Subject https://www.propertyinvesting.com/topic/4383105-a-post-about-us-in-the-r-e-s-u-l-t-s-forum/#post-4534864 Wed, 10 May 2006 02:46:42 +0000 The RESULTS group is a mentoring program run by Steve and Dave. The program goes for 12 months and provides a wealth of resources (written, audio, video), plus meetings every couple of months, plus a mentor or coach that you can get help and support from. The second program has just started but is full. I’m not sure if Steve has a waiting list…[Read more]

]]> 55e8365295c5dd7c3463ea2e04ba6ae8 jnisted replied to the topic Young Investor, Need Opinions! in the forum Help Needed! https://www.propertyinvesting.com/topic/4385418-young-investor-need-opinions/#post-4547061 Wed, 10 May 2006 02:40:49 +0000 Hi Ron

I’m envious of your age – I wish I’d started investing that young!

Have you thought about student accommodation? There are people out there who are leasing 3-4 bed houses near universities and then sub-letting them by the room. Positive cash flow without having to actually buy the property. The only risk is having the property empty.…[Read more]

]]> a51576f5d253bbfca65a1f2aa278df38 jnisted replied to the topic Information About An Area in the forum Help Needed! https://www.propertyinvesting.com/topic/4385413-information-about-an-area/#post-4547041 Wed, 10 May 2006 02:35:53 +0000 Hi Dominico

A good place to start is with the local Council. They’ll have info on planned infrastructure development, building approvals etc.

You can also try the Australian Bureau of Statistics for demographic data on the area you’re looking at (eg how many renters, average age etc).

You may get some info also from the relevant states Real…[Read more]

]]> e49aabe546ce537ff29af8fe555efbcd jnisted replied to the topic Lo Doc and The Non-Self Employed in the forum Finance https://www.propertyinvesting.com/topic/4385336-lo-doc-and-the-non-self-employed/#post-4546716 Thu, 04 May 2006 23:38:27 +0000 Low doc loans usually require that you have an ABN number. Some lenders require you to have had this for a minimum of 2 years. As Terry has said, the alternative is a no-doc loan, which doesn’t require an income declaration or an ABN.

Having said that, I recently got a low doc loan from Westpac and they only required that I sign a declaration…[Read more]

]]> 6af9941e91d5045c5d702a9429da8822 jnisted replied to the topic Huge Money/Debt? in the forum No Subject https://www.propertyinvesting.com/topic/4385319-huge-moneydebt/#post-4546644 Thu, 04 May 2006 01:14:09 +0000 This is why Steve and Dave advocate using cash to fund deposits and costs rather than use equity loans. Which is all fine and dandy if you have cash.

I currently rely on equity loans to finance deposits and costs for new purchases, but am also looking at ways to pay down these debts. Ideally, you sell property and put the profits toward paying…[Read more]

]]> 6d8fea68e3cf685f4040c79beba7a2df jnisted replied to the topic Vendor Finance - How to Structure? in the forum Finance https://www.propertyinvesting.com/topic/4385304-vendor-finance-how-to-structure/#post-4546561 Wed, 03 May 2006 01:43:00 +0000 Hi Ananda

Try talking to Paul Dobson. He is a regular contributor to the forum and has a lot of experience with vendor finance.

Good luck.

Janet

]]> 11f4cb7e57fd2a351c0e681d93f3cc06 jnisted replied to the topic REWARD!!!! For New company name in the forum Help Needed! https://www.propertyinvesting.com/topic/4385197-reward-for-new-company-name/#post-4546050 Wed, 26 Apr 2006 03:24:26 +0000 I thought that vendor financing in SA was illegal??? Can’t remember where I read that, but it was only recently.

]]> d59110aca0ece59f030edf57b76b6432 jnisted replied to the topic Should I Sell Underperforming IP at a Loss? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384821-should-i-sell-underperforming-ip-at-a-loss/#post-4544081 Sun, 26 Mar 2006 01:53:58 +0000 Hi Paul – it has crossed my mind that perhaps using a wrap might be able to turn the situation around. Being a new investor, I need to gain a much deeper education as to how vendor finance works and to figure out whether it would work in this situation.

Can I email you privately to run through it with you and get some help in working out whether…[Read more]

]]> 77f795f5dffed0f64410350b0f8127bc jnisted replied to the topic Should I Sell Underperforming IP at a Loss? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384821-should-i-sell-underperforming-ip-at-a-loss/#post-4544080 Sun, 26 Mar 2006 01:51:09 +0000 Hi Ellis1. Thanks for the reply. I’ll be able to pay the bank loan out as I’ve got another property on the market which I’ll make a very substantial CG on. If the dud sells first, I can transfer the balance of the loan to be secured by the other property, so will be able to get the Title Deed released. The 2 properties are cross collateralised…[Read more]

]]> 8a9470e03a609fcb01a7ed52103808f8 jnisted replied to the topic Should I Sell Underperforming IP at a Loss? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384821-should-i-sell-underperforming-ip-at-a-loss/#post-4544079 Sun, 26 Mar 2006 01:37:02 +0000 Hi Simon
In answer to your question, I would not buy the property at today’s price as it would still be negatively geared, and yes, I would think it is a dog!

]]> 66b967bf70ae8f3c6a0ebbfcd1753724 jnisted replied to the topic Should I Sell Underperforming IP at a Loss? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384821-should-i-sell-underperforming-ip-at-a-loss/#post-4544075 Sat, 25 Mar 2006 01:48:52 +0000 Hi DLPP – thanks for the reply. The reason for the big loss is that I bought at the peak of the market in 2002, financing 100% + costs, and prices have dropped since. Really dumb investment decision, but I’ve learnt a lot since then.

]]> fdc7145400811aedfc36ed8ca872dcf8 jnisted replied to the topic Best of PI.com threads has ended! in the forum No Subject https://www.propertyinvesting.com/topic/4374065-best-of-pi-com-threads-has-ended/page/2/#post-4476281 Fri, 24 Mar 2006 03:40:49 +0000 Question – what’s a Moderator and what’s a sticky?[wacko]

]]> b9aa47a26f0e599d1457500c758dc18e jnisted replied to the topic titles? in the forum Value Adding https://www.propertyinvesting.com/topic/4384651-titles-3/#post-4543248 Fri, 24 Mar 2006 01:05:00 +0000 I’m looking at Community Titling a block of units I’ve just bought. I’ll be talking to a surveyor shortly so will be able to fill in more detail, but what I know at the moment is that Community Title is a bit like Torrens (although some common property) in that the units can then be sold individually. I think you can only do it where the units…[Read more]

]]> f040aa2ef54eb91dd5cd8604951b18da jnisted replied to the topic virtual kickstart in the forum No Subject https://www.propertyinvesting.com/topic/4384625-virtual-kickstart/page/2/#post-4543097 Thu, 23 Mar 2006 07:55:17 +0000 For those of you who are trying to reduce debt so that you can invest, there’s a great website that I use to help save money on just about everything. It’s called simplesavings.com.au. There’s some free stuff there, but to get all the tips you need to subscribe. I think there’s a special at the moment of $35 to join and 1 year subscription.…[Read more]

]]> 70d36dbba2904de32e59596a59ed91d1 jnisted replied to the topic virtual kickstart in the forum Help Needed! https://www.propertyinvesting.com/topic/4384625-virtual-kickstart/page/2/#post-4543096 Thu, 23 Mar 2006 07:40:37 +0000 I’m glad I’m not the only one waiting for the next instalment of Virtual Kick Start. I was starting to wonder whether there was something wrong with my email!

Come on Steve – we want more![whistle]

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