PropertyInvesting.com | Johnny1974 | Activity https://www.propertyinvesting.com/members/johnny1974/activity/ Activity feed for Johnny1974. Mon, 13 Apr 2026 18:15:05 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 1117902b6ca731ca8bfd1f9d604fe112 Johnny1974 replied to the topic My steal of the week. $20,000 cairns unit which vendor paid $113,000 for rent $160pw. in the forum Help Needed! https://www.propertyinvesting.com/topic/4404763-my-steal-of-the-week-20000-cairns-unit-which-vendor-paid-113000-for-rent-160pw/#post-4656118 Tue, 20 Sep 2011 09:31:15 +0000 Mate, not to be negative.

Body corp is $90 week (includes electricity), council rates $38 week, insurance $10week, real estate @8%=$12 week……total costs per week $150.

Not so sweet.

]]> 66d839a89318b7dad9b12ebeed326ad6 Johnny1974 replied to the topic The Money Room - dodgy or not? in the forum Finance https://www.propertyinvesting.com/topic/4394826-the-money-room-dodgy-or-not/#post-4596071 Sun, 10 Jul 2011 13:12:17 +0000 Jeez $5k once off and $98 month, are you serious? Just checked their website, I don’t see they are offering anything special.

Hell property investing is not that hard.

Look for properties that offer good location, opportunity for growth in resale and strong demand for rent.

Get yourself a depreciation schedule, a good accountant and save the…[Read more]

]]> 4fcad0738e452784df639fc1aa1f8de7 Johnny1974 replied to the topic Property bust not here yet ... worse to come in the forum fWord wrote:emptyvessel https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/40/#post-4549206 Sun, 10 Jul 2011 12:42:27 +0000 fWord wrote:

emptyvessel wrote:

Johnny1974 wrote:
Hi all Just my thoughts…… I to agree the world financially is pretty toxic at the moment and has been since 2006. Seems everyone, every sector, in every country is being hit hard. The only shining light is the worldwide mining industry. We have strategically sold down our portfolio of…[Read more]

]]> 9b42dadb1dc62a5ca5f4e311ac853f93 Johnny1974 replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/39/#post-4549201 Sat, 09 Jul 2011 00:48:48 +0000 Hi all

Just my thoughts……
I to agree the world financially is pretty toxic at the moment and has been since 2006. Seems everyone, every sector, in every country is being hit hard. The only shining light is the worldwide mining industry.

We have strategically sold down our portfolio of six properties to two since 2006. Taken the profits and…[Read more]

]]> 83fdee6328498ede5aaf342e11e9b69e Johnny1974 replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum General Property https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/page/4/#post-4646493 Fri, 06 May 2011 12:53:45 +0000 Lets get real here, 10 properties in 3 years doesn’t mean squat. It’s not like you will actually own these 10 properties outright in 3 years, it just means you will owe the bank a heap of money. Then add in 10 x vacancy rates, 10 x repair bills, 10 x land tax etc etc, you are suggesting people gear themselves to the eye balls in the hope we get…[Read more]

]]> b4f93d011379a3604d805bad11baa9aa Johnny1974 replied to the topic Vacant Possession –danger/risk of penalty if tenant does not move out by settlement date? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395421-vacant-possession-dangerrisk-of-penalty-if-tenant-does-not-move-out-by-settlement-date/#post-4599294 Fri, 18 Mar 2011 23:59:56 +0000 As harsh as this might sound, you got into investment properties to make money. And that should be your only concern. Of course you should sign the contract for sale with vacant possession in there, because legally it can be done. This will get the sale over the line, and thats the most important thing for you.

The plight of the purchaser,…[Read more]

]]> d1e4a0a14c0e75471d75b1317655ce77 Johnny1974 replied to the topic stamp duty in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4403059-stamp-duty-25/#post-4643690 Wed, 16 Mar 2011 09:01:50 +0000 If you did the "sale" / transfer for a nominal amount, say 20k (when really a half share is worth 150k) how would the ato find out? I dont get it, what if I did really sell a property for a cheap price, who is the ATO to tell me what stamp duty to pay. <moderator: delete language> there should be no stamp duty to encourage us property investors to…[Read more]

]]> 521b52325005c59b658ab7ad148323fb Johnny1974 replied to the topic Who to see re: bad investment prop decision in the forum Help Needed! https://www.propertyinvesting.com/topic/4402933-who-to-see-re-bad-investment-prop-decision/#post-4642995 Tue, 01 Mar 2011 02:15:24 +0000 Adam
Just a few thoughts off the top of my head.

You guys couldn’t possibly move into the IP?
Declare bankrupt? (walk away)
Talk to the bank to negotiate some payment plan?
Get your solicitor involved?
Legal Aid?

Good luck mate
Johnny

]]> 0fa583752d73977b943969c4bfcf3589 Johnny1974 replied to the topic POSITIVE GEARED in the forum Creative Investing https://www.propertyinvesting.com/topic/4401609-positive-geared-3/#post-4634671 Wed, 17 Nov 2010 06:03:12 +0000 I’m always suspicious of these wealth companies. They sell you loans (they get commission) , sell you property (they get commission). And the rents they quote are always way off market averages, like buy this house for $500k and get rent return of $900 week. Like get real here!! These figures maybe right in a mining town in the middle of a boom,…[Read more]

]]> 4502f12648dc9e4a3510e2b7784e5bc7 Johnny1974 replied to the topic POSITIVE GEARED in the forum Creative Investing https://www.propertyinvesting.com/topic/4401609-positive-geared-3/#post-4634668 Wed, 17 Nov 2010 00:58:07 +0000 Ash7261 thats like a 11% return, but what is the body corp / council rates etc?
Amazing !!!

]]> 989602cbde7c0f7da5ae2eda1160f3bd Johnny1974 replied to the topic POSITIVE GEARED in the forum Creative Investing https://www.propertyinvesting.com/topic/4401609-positive-geared-3/#post-4634665 Thu, 11 Nov 2010 04:02:37 +0000 Good to see some positive minded people out there, sure things are not great, but still there are opportunities out there. Why buy in a boom? You’ll pay too much and having to wait years for a capital gain. Why not go against the trend and jump in against the majority, grab a great deal and reap the rewards. Never say never!!!

]]> a6d3ce89e85277827ba02016c22cbc27 Johnny1974 replied to the topic POSITIVE GEARED in the forum Creative Investing https://www.propertyinvesting.com/topic/4401609-positive-geared-3/#post-4634660 Tue, 02 Nov 2010 10:53:00 +0000 235k @350 per week rent is a decent return, 7.7%

even with these ruthless so and so’s running the banks and jacking up rates its positive geared.

congrats, goldies !!!

]]> e98b270e2e44cc290cead0427a576c14 Johnny1974 replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/18/#post-4542204 Thu, 28 Oct 2010 07:30:55 +0000 Hi peoples
Am not in the market to buy myself, but always looking out of habit.
Saw this one the other day, so just thought I’d post it.

They say you can’t find POSITIVE GEARED investment properties, here is one I found returning over 8% on Realestate.com.au
Property No. 106818309

$220 week rent, 139k asking price, CRAZY!!!. Try doing that here…[Read more]

]]> 774e6753ee7d69dfc13466e21260948b Johnny1974 replied to the topic Which state to buy in the forum General Property https://www.propertyinvesting.com/topic/4401585-which-state-to-buy/#post-4634405 Tue, 26 Oct 2010 05:42:19 +0000 Confused?
Consider the ageing population? the masses of retiring/cashed up baby boomers with city/near city properties, looking to down size, free up some cash and escape the rat race you would think regional areas/coastal areas? Add to this growing crime rates? Global warming=hotter weather, I would have thought places like Tassie would be on…[Read more]

]]> d91542a49cc96415d5cd8f9593471a3f Johnny1974 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/page/4/#post-4621692 Tue, 26 Oct 2010 05:40:50 +0000 Confused?
Consider the ageing population? the masses of retiring/cashed up baby boomers with city/near city properties, looking to down size, free up some cash and escape the rat race you would think regional areas/coastal areas? Add to this growing crime rates? Global warming=hotter weather, I would have thought places like Tassie would be on…[Read more]

]]> 2b29e50adc169cd0c5133ff6aa6f894e Johnny1974 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/page/3/#post-4621689 Fri, 22 Oct 2010 07:38:03 +0000 Hi peoples
Am not in the market to buy myself, but always looking out of habit.
They say you can’t find POSITIVE GEARED investment properties, here is one I found returning over 8% on Realestate.com.au
Property No. 106818309
$220 week rent, 139k asking price, CRAZY.
It can be done!!

]]> 2fd63ca6adf3f6cf5c3987ba2d2b8796 Johnny1974 replied to the topic good area under $200k in the forum Hi peoples Am not in the https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/page/3/#post-4621687 Fri, 22 Oct 2010 04:01:47 +0000 Hi peoples
Am not in the market to buy myself, but always looking out of habit.

They say you can’t find POSITIVE GEARED investment properties, here is one I found returning over 8% on Realestate.com.au

Property No. 106818309

$220 week rent, 139k asking price, CRAZY.

It can be done!!

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