PropertyInvesting.com | joeygbh | Activity https://www.propertyinvesting.com/members/joeygbh/activity/ Activity feed for joeygbh. Wed, 15 Apr 2026 08:07:07 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4d923d5e9c2a45dc2923d144668791dc joeygbh replied to the topic This may be too simply but i really need to know in the forum Help Needed! https://www.propertyinvesting.com/topic/5012960-this-may-be-too-simply-but-i-really-need-to-know/#post-5013113 Fri, 11 Sep 2015 12:47:33 +0000

What do you do with your excess cash

I’d save it for a rainy day. Interest is the same regardless but you get to keep the cash.

]]> da633ad002fb64f0e072959833f4e371 joeygbh replied to the topic Do I have any legal recourse when my agent incorrectly filled out the contract? in the forum General Property https://www.propertyinvesting.com/topic/5012962-do-i-have-any-legal-recourse-when-my-agent-incorrectly-filled-out-the-contract/#post-5012966 Tue, 08 Sep 2015 08:27:33 +0000 How is the contract filled out incorrectly and why is this a real impediment? My sales contract from auction technically had the wrong address (same street adjoining suburb) and all it took was a couple of overwrites and initials on both our parts. My solicitor was on the ball and picked it up.

Let them sort out what’s needed and then contact…[Read more]

]]> d7f3304074be04cec8458cc0f6367f44 joeygbh replied to the topic Whose responsible - Phone connection from house to Street Pole in the forum Help Needed! https://www.propertyinvesting.com/topic/5012845-whose-responsible-phone-connection-from-house-to-street-pole/#post-5012882 Sat, 05 Sep 2015 02:32:13 +0000 Telephony is not considered an essential service, so LL and builders do not have to provide it.

And, how much should the Property Manager take care of this?

I don’t understand this question – how much?

]]> 36dab4e92ca708833eb2c17d0570d3e9 joeygbh replied to the topic Long term interest rate will fall. Why shall we believe it wouldn't? in the forum Help Needed! https://www.propertyinvesting.com/topic/5012309-long-term-interest-rate-will-fall-why-shall-we-believe-it-wouldnt/#post-5012426 Thu, 27 Aug 2015 00:54:47 +0000 While the official cash rate may be pushed down, the market rates that you can actually source funding and lend at could be much different. Hence why ANZ actively marketed that they ‘decoupled’ their rate decisions from the RBA a while back.

If the economic climate got worse, jobs started being lost and mortgages defaulted then the relative risk…[Read more]

]]> 0296af9b31722c94e14628d01b69bbd1 joeygbh replied to the topic Paid Cash Flow Guarantor in the forum Commercial Property https://www.propertyinvesting.com/topic/5011640-paid-cash-flow-guarantor/#post-5012213 Sat, 22 Aug 2015 02:02:39 +0000 Wouldn’t that just be a loan co-applicant? You don’t have their name on the title so they don’t own the property but they are responsible for the loan as well (as a guarantor).

The only way to get off the loan though would be for you to refinance after you are sufficient to hold the loan by yourself.

The other alternative is of course they get…[Read more]

]]> 810949ff3d24984503d17b51d3bb5c78 joeygbh replied to the topic Investment property in Cairnlea, Victoria? in the forum Help Needed! https://www.propertyinvesting.com/topic/5011839-investment-property-in-cairnlea-victoria/#post-5012211 Fri, 21 Aug 2015 23:57:48 +0000 Cairnlea is one of those suburbs that benefited by what I would call the migrant shift from St Albans and Sunshine along with the northern suburbs of Sydenham etc. Basically the migrants from the late 70s, 80s and early 90s that became successful and wanted nicer homes moved out to these new estates.

At 580k (assuming 2 storey, 4×2) it’s only…[Read more]

]]> af84950e0f678056a429e91706a75d9e joeygbh replied to the topic To sell or keep in the forum Creative Investing https://www.propertyinvesting.com/topic/5012182-to-sell-or-keep-3/#post-5012209 Fri, 21 Aug 2015 23:26:22 +0000 I currently live in an exdisplay home, and from an IP perspective they don’t make great investments.

1. They are often located in areas like new estates with very high stock availability, both in rental and owner occupier. Desirability is so-so while awash with plenty of new and cheaper stock coming online for a while to come.

2. They are…[Read more]

]]> e92667389bf08082d71551b74e4ea1a5 joeygbh replied to the topic How many IPs do you have? in the forum General Property https://www.propertyinvesting.com/topic/4389798-how-many-ips-do-you-have-2/page/3/#post-4568777 Thu, 02 Aug 2007 01:29:38 +0000 Hello from Melbourne Australia, PPOR: 300k bought for 90k 20 years ago.1st: 400k bought for 70k 15 years ago, 250pw rental2nd: 400k bought for 135k 10 years ago, 280pw rental3th: 620k bought 4 weeks ago, will be settled in 1 month; 1085pw rental until oct next year when it will be come PPOR4th: 275 bought 2 days ago, will be settled in 2 months;…[Read more]

]]>