PropertyInvesting.com | johnnyoops | Activity https://www.propertyinvesting.com/members/johnnyoops/activity/ Activity feed for johnnyoops. Fri, 17 Apr 2026 15:54:48 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8b9c7cf9c29c6198712842d9bea59b53 johnnyoops replied to the topic Where to renovate. in the forum Help Needed! https://www.propertyinvesting.com/topic/4399040-where-to-renovate/#post-4618830 Tue, 09 Mar 2010 05:43:03 +0000 No unfortunately im a herald sun person myself. Would be good to have a look though as long as its not too much trouble.

]]> 4e36c34646dadc6fdcf8335171b9970d johnnyoops replied to the topic Subdividing with multiple units? in the forum Hey thanks for the reply. If https://www.propertyinvesting.com/topic/4398425-subdividing-with-multiple-units/#post-4615051 Mon, 18 Jan 2010 10:34:47 +0000 Hey thanks for the reply. If all properties were sold off though, who is the in charge of common ares? Is one particular dwelling made responsible through a contract of some sort? I assume you cant still be liable to maintain common areas if you’ve sold off everything.

]]> 54bc7f2d4d710106f6ff3c6ff6ad5085 johnnyoops replied to the topic General advice needed for second Investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4398324-general-advice-needed-for-second-investment/page/2/#post-4614501 Thu, 14 Jan 2010 09:06:01 +0000 We are both in fairly secure jobs particularly me partner who works for the government. If i were to be out of a job it would only be for a short time.

EDIT:

I dont see how i would avoid LMI to be honest. If the consenses it to have the loan interest only, and not put extra funds into it, how would i be able to gain enough equity to avoid LMI…[Read more]

]]> 2ec55a8ea680fcada05af273121160a4 johnnyoops replied to the topic General advice needed for second Investment in the forum 80% of https://www.propertyinvesting.com/topic/4398324-general-advice-needed-for-second-investment/#post-4614499 Thu, 14 Jan 2010 08:42:01 +0000 80% of 75,000=
$60,000

Please excuse my ignorance but what is the $9,000 you posted above?

]]> 8631955796dc587af29cb39009c5b328 johnnyoops replied to the topic General advice needed for second Investment in the forum Hmm maybe i have https://www.propertyinvesting.com/topic/4398324-general-advice-needed-for-second-investment/#post-4614497 Thu, 14 Jan 2010 08:25:07 +0000 Hmm maybe i have misunderstood how equity works.
My initial thinking was that Equity: 330,000-255,000
=$75,000

Are you telling me that in actual fact its only $9000?

I was hoping to buy another investment in the coming months. Is this not as attainable as i thought it would be?

Thanks again for the help terryw. You seem to be one of the ‘go to…[Read more]

]]> 1876366f68b604f7c18fcc4a2ce3a7a3 johnnyoops replied to the topic General advice needed for second Investment in the forum What would happen to https://www.propertyinvesting.com/topic/4398324-general-advice-needed-for-second-investment/#post-4614495 Thu, 14 Jan 2010 07:51:56 +0000 What would happen to repayments when you open loan B? Would it increase the repaments on loan A or Would it be structured as its own loan With its own repayments?

The thing with my current investment loan is i have equity in the form of the value of the asset, but in terms of the actual loan it is currently at 255,000 whereas the original loan…[Read more]

]]> af104716c5b37bb84c9fd3d5f77f2b31 johnnyoops replied to the topic General advice needed for second Investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4398324-general-advice-needed-for-second-investment/#post-4614493 Thu, 14 Jan 2010 06:52:22 +0000 Hey guys i have been scoping through other posts gaining knowledge etc and i have come across posts saying not to X-collaterise loans etc.
Im guessing to maximise tax benifits. My question is, is my circumstances (see top) if i wanted to use the equity in my 1st IP as deposit for the 2nd IP, how do i physically go about obtaining it? Is it…[Read more]

]]> 0747d9d8b619a3d61738eca1878eb25f johnnyoops replied to the topic General advice needed for second Investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4398324-general-advice-needed-for-second-investment/#post-4614491 Tue, 12 Jan 2010 06:33:15 +0000 I already have a 100% offset account attached to the which all our savings go into so i assume i will be able to keep it with IO.
Is it the general consensus that Money in the offset account should not be used directly to buy other IP’s, and instead use the equity of the current ones as deposit?
Would it be a good idea to keep loading up the…[Read more]

]]> 9f52cdbae387565e3a67888045051a17 johnnyoops replied to the topic General advice needed for second Investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4398324-general-advice-needed-for-second-investment/#post-4614488 Tue, 12 Jan 2010 05:59:50 +0000 I just rang ANZ and they said i will have to go into a branch to change it to interest only and it will be something like $200. I will make an appoinment ASAP but does this sound accurate?
In regards to the investment aspect of my post, any pointers?

-John

]]> b7146544880acf285135c35ed7e759f1 johnnyoops replied to the topic General advice needed for second Investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4398324-general-advice-needed-for-second-investment/#post-4614482 Mon, 11 Jan 2010 08:58:45 +0000 I assume you mean in regards to the P+I thing. Yeh ill give them a call tomorrow i think.
Thanks.

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