PropertyInvesting.com | johk | Activity https://www.propertyinvesting.com/members/johk/activity/ Activity feed for johk. Mon, 13 Apr 2026 16:37:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e8b59687078d9a43be3c062f5f1f5ba1 johk replied to the topic Convert a duplex with body corp to freehold or strata title in the forum General Property https://www.propertyinvesting.com/topic/4409679-convert-a-duplex-with-body-corp-to-freehold-or-strata-title/#post-4693114 Wed, 10 Jul 2013 13:04:41 +0000 Hi,
The  levy will be going up to $460/qtr which includes the insurance premium of $1700/yr.
Yes it is only me and the neighbour in body corp but there si an external body copr manager. Their fee is about $300/yr and they do the budgets etc . I don’t mind paying them the $300/yr for the work but was thinking the property would be more sellable if…[Read more]

]]> 22cf4bb0633c303bd620f547c0292bc1 johk replied to the topic Convert a duplex with body corp to freehold or strata title in the forum General Property https://www.propertyinvesting.com/topic/4409679-convert-a-duplex-with-body-corp-to-freehold-or-strata-title/#post-4693110 Wed, 10 Jul 2013 11:09:11 +0000 Thanks for replying.
It is in a suburb in Nth Brisbane.

Thanks,
j

]]> dcd7c8fa6785711fad4f23ab14149a1e johk replied to the topic Negative Gearing calculator in the forum Help Needed! https://www.propertyinvesting.com/topic/4407289-negative-gearing-calculator/#post-4674916 Wed, 08 Aug 2012 09:44:01 +0000 Hi,
This calculator is pretty good as well. http://www.investmentpropertycalculator.com.au/free-investment-property-calculator.html
johk

]]> cc6be5c1e9e9a27674110c59b7b39661 johk replied to the topic First IP - comments/suggestions please in the forum After reading a few articles https://www.propertyinvesting.com/topic/4406323-first-ip-commentssuggestions-please/#post-4667560 Mon, 16 Apr 2012 11:29:07 +0000 After reading a few articles etc one loan structure would be:Loan 1:Interest only Secured by IP 310*0.8 = 248’Loan 2: Line of Credit for the additional 20% and purchasing cost and negative gearing secured by PPORInterest for loan 1 is debited to Loan 2Rental income is paid to Loan 2If I understands it correctly with the above structure you c…[Read more]

]]> 1bf80ff0b9ccb0233d9b5943a084fa71 johk replied to the topic First IP - comments/suggestions please in the forum Help Needed! https://www.propertyinvesting.com/topic/4406323-first-ip-commentssuggestions-please/#post-4667559 Sun, 15 Apr 2012 06:50:29 +0000 Hi,I have attached 2 spreadsheets for the House and the townhouse where i have tried to outline the cost etcHouse http://www.bohemiadesign.com.au/bohemia_clients/House.xlsTownhouse http://www.bohemiadesign.com.au/bohemia_clients/townhouse.xlsWhat I can’t get my head around is comparing to an apartment – the total “out of the pocket” expense…[Read more]

]]> d5f7164eb8447673791b856d920cbff4 johk replied to the topic First IP - comments/suggestions please in the forum Help Needed! https://www.propertyinvesting.com/topic/4406323-first-ip-commentssuggestions-please/#post-4667556 Sun, 15 Apr 2012 03:24:21 +0000 Hi,The Townhouse was sold for 595’ before the GFC but I think the house in Wooloowin might have more potential over 5-10 yrs. Similar house in Clayfield, which is the neighbouring Suburb, are around the 700’ mark. This particular house  might be on the wrong side of Wooloowin ie closer Kedron and Lutwyche. Wouldn’t mind having a second opinio…[Read more]

]]> 2f0eac4659884421c906a62700940d11 johk replied to the topic First IP - comments/suggestions please in the forum Help Needed! https://www.propertyinvesting.com/topic/4406323-first-ip-commentssuggestions-please/#post-4667555 Sun, 15 Apr 2012 02:26:15 +0000 Hi,The lower the better :)But doesn't the bank generally req a LVR under 80% to avoid LMI which would be preferable.Thanks,johk

]]> 56aa1c7183b68457afb84eaf45efb8e0 johk replied to the topic First IP - crunching the numbers - am I on the right track - Vendor Finance in the forum Help Needed! https://www.propertyinvesting.com/topic/4404919-first-ip-crunching-the-numbers-am-i-on-the-right-track-vendor-finance/#post-4657096 Thu, 20 Oct 2011 10:26:09 +0000 Hi,In my searching on the internet I found this http://r2bginvestments.com.au/archives/86 which states " The vendor finance laws in each State are slightly different. However as of Jan 1st 2011 all Vendor Financiers must hold an Australian Credit Licence (ACL) in order to carry out this business."Is this correct – in most places I it mentions you…[Read more]

]]> e324b84e4f6a11281d9a9b6e9d8c1808 johk replied to the topic First IP - crunching the numbers - am I on the right track - Vendor Finance in the forum Help Needed! https://www.propertyinvesting.com/topic/4404919-first-ip-crunching-the-numbers-am-i-on-the-right-track-vendor-finance/#post-4657094 Wed, 19 Oct 2011 12:03:30 +0000 Hi,Thanks for all the feedback and comments. It is very much appreciated especially when you try to start to get an idea of it all.Jamie, thanks for the link to the excel sheet – might come handy one day. Been looking around and it is very hard to find any cash-flow positive properties. After  I spent a night searching and reading I came acr…[Read more]

]]> 81fcc13a4507234ab5fea2572469402a johk replied to the topic First IP - crunching the numbers - am I on the right track - Vendor Finance in the forum Help Needed! https://www.propertyinvesting.com/topic/4404919-first-ip-crunching-the-numbers-am-i-on-the-right-track-vendor-finance/#post-4657089 Thu, 13 Oct 2011 09:57:24 +0000 Hi, I am only trying to figure out how much it would cost me per month to hold a property. The numbers ie the IP value and then proposed rent are from a property on RE.com that was for sale.No we are not looking at buying a property now but merely trying to learn how  to calculate the holding cost of the IP.I would appreciate any c…[Read more]

]]> be9126ac5e28411af78ee0bb37c74257 johk replied to the topic First IP - crunching the numbers - am I on the right track - Vendor Finance in the forum Help Needed! https://www.propertyinvesting.com/topic/4404919-first-ip-crunching-the-numbers-am-i-on-the-right-track-vendor-finance/#post-4657085 Sun, 09 Oct 2011 10:33:53 +0000 Hi, Thanks for replying. I forgot about landlord insurance – thanks for mentioning it. Does that mean if I would say increase the rent by 10% per year it will take 5yrs before the property is cash flow positive?Assuming that the holding costs are the same – which obviously is not true. When you say “set-up a third split” do you mean have a sep…[Read more]

]]> 5728a378593bb98a6ad02f2dcded0f54 johk replied to the topic Is it worth getting a second house? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393895-is-it-worth-getting-a-second-house/#post-4591173 Thu, 31 Jul 2008 10:09:11 +0000 Hi,Thanks for your replies and advices.We didn't go into this with the mindset of buying an investment property.We were actually looking for a new house with a bit of land and an extra room. We found this new estate being built a bit further out from where we live and put our name down for one lot. As the town house we live in is in a good suburb…[Read more]

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