PropertyInvesting.com | kelvinh | Activity https://www.propertyinvesting.com/members/kelvinh/activity/ Activity feed for kelvinh. Tue, 14 Apr 2026 22:59:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2bf3fb5bc716a971b614405c8e507efa kelvinh replied to the topic Where to invest in Perth in the forum No Subject https://www.propertyinvesting.com/topic/4372751-where-to-invest-in-perth-2/#post-4466702 Sat, 17 Apr 2004 00:37:01 +0000 Dean…

Well done.. thats thinking outside the box…
A little off the topic, but how do the tenant separate the electricity usage etc ??

Midland… Is your block a development block also??

]]> 0f5c7a130aa13038346005c0ff794aad kelvinh replied to the topic Where to invest in Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4372751-where-to-invest-in-perth-2/#post-4466689 Sun, 11 Apr 2004 06:53:50 +0000 Its very unlikely your gonna find positive cash flow properties in Perth…
There going to have to be country properties…

And they are out there…

Ive seen afew properties in WA… costing 100k with weekly rental of $300pw.. easily meets the 11sec rule..but after a little investigation into the town… was far too risky for me, in the long…[Read more]

]]> 33f35cc329437f7cf0e64bc4ea18f9f8 kelvinh replied to the topic Is this positive cashflow? in the forum General Property https://www.propertyinvesting.com/topic/4371088-is-this-positive-cashflow/#post-4453383 Sat, 07 Feb 2004 05:10:38 +0000 No its not positive cash flow…
once you factor in all the cash you’ll out lay it will be costing you money..
e.g.
insurance, prop manager fee, repairs, etc etc

BUT it does cover the mortgage payments at current interest rates…

rest is pretty much as Mick INC stated…

]]> e3ec4059511b1ddd360161702b6cfe9c kelvinh replied to the topic Perth +ve cashflow properties in the forum Help Needed! https://www.propertyinvesting.com/topic/4370987-perth-ve-cashflow-properties/#post-4452689 Tue, 03 Feb 2004 15:55:38 +0000 You suspect correctly…
you may come out positive, if you have a huge depsoit and loads of depreciation… MAYBE…
but other than that go country… even then I have to say theres slim pickings…

Just keep on hunting… Good luck…

]]> 9df66e7252d02f423549bc347715a276 kelvinh replied to the topic Keep 5yr fixed @ 5.99 or Variable LOC in the forum Finance https://www.propertyinvesting.com/topic/4370524-keep-5yr-fixed-5-99-or-variable-loc/#post-4448619 Fri, 16 Jan 2004 07:37:04 +0000 Thanks crew…

Simon has been kind enough to run the numbers… So i’ll have some independant information…

Will definitely be wary when dealing with these “mortgage minimisation” people…

]]> a40df61c0a944a24085ef27c9166f66c kelvinh replied to the topic Keep 5yr fixed @ 5.99 or Variable LOC in the forum Finance https://www.propertyinvesting.com/topic/4370524-keep-5yr-fixed-5-99-or-variable-loc/#post-4448616 Fri, 16 Jan 2004 02:59:05 +0000 “Is someone trying to sell you a Mortgage Minimisation scheme?”

Simon

Yes… thats right.. but Im not sure if what there telling me is completely correct… obviously she’ll be pushing her product, so I wanted to do some calc’s of my own.

From the links on the net .. e.g infochoice, westpac, it look like even though I’ll be on a much higher…[Read more]

]]> 69aa0eefb83a062d9a8f0ea6a983bc38 kelvinh replied to the topic Keep 5yr fixed @ 5.99 or Variable LOC in the forum Finance https://www.propertyinvesting.com/topic/4370524-keep-5yr-fixed-5-99-or-variable-loc/#post-4448612 Thu, 15 Jan 2004 16:02:16 +0000 SIS

Yep plan to hold… its my PPOR…

Surely there is a way to make an educated estimate based on monthly income directly put into loan, and average monthly expenses taken out. with different interest rates scenarios…

Regards

Kelvin

]]> 0a2807cbaf3bb52759c74723515c07f0 kelvinh replied to the topic Keep 5yr fixed @ 5.99 or Variable LOC in the forum Finance https://www.propertyinvesting.com/topic/4370524-keep-5yr-fixed-5-99-or-variable-loc/#post-4448610 Thu, 15 Jan 2004 15:06:40 +0000 Melbear
Yeah ive got the extra repay info… its that tricky little LOC calculation that Im trying to learn alitle more about….

Simon
LOC.. the lure of the possiblity of quicker repay…

Yeah Im happy with my current fixed… but just wanted to run some figures to see if the LOC might put me ahead at the end of the 5 yrs…

]]> 9058f3d002e7fcc2d5cacae03a8a5261 kelvinh replied to the topic A good Deal ? in the forum General Property https://www.propertyinvesting.com/topic/4369882-a-good-deal/#post-4443404 Sun, 14 Dec 2003 05:35:57 +0000 Great to see people makin use of my spreadsheet creation… Yeha…

Its a very simple way to differentiate between what sound like a good deal and what IS a good deal…

]]> 26bb2ab204afe4ee22123d35245a14af kelvinh replied to the topic WHERE ARE THE HOUSES THAT MAKE YOU MONEY?? in the forum No Subject https://www.propertyinvesting.com/topic/4369709-where-are-the-houses-that-make-you-money/#post-4442006 Mon, 01 Dec 2003 03:40:49 +0000 Dave

55k and 110pw is quite common to find…
Whats the rental market there like??
Is the population growing/stable??
Whats the cap growth there like??

Its those properties returning 12.5%+ which are out there but harder to find…
In the past few months ive seen in WA
19k 75pw.
55k 170pw
55k 130pw
65k 180pw
65k 120pw
85k 240pw
90k 200pw
100k…[Read more]

]]> a77ee85ee4585a2ef4bce6985d3a7db5 kelvinh replied to the topic Investing in WA town 2000 people?? in the forum General Property https://www.propertyinvesting.com/topic/4369486-investing-in-wa-town-2000-people/#post-4440142 Thu, 20 Nov 2003 07:42:39 +0000 No not the MM one…MM has an even smaller population…

]]> 068dced2cbbf50c7dd86dfbcbedf8173 kelvinh replied to the topic Investing in WA town 2000 people?? in the forum General Property https://www.propertyinvesting.com/topic/4369486-investing-in-wa-town-2000-people/#post-4440139 Wed, 19 Nov 2003 17:13:13 +0000 Thanks Mel

Will definetely have to give it some serious consideration…
Just have to see if there is a rental market…
Wow hope it moves something like your folk areas…

Regards

Kelvin
kelvinhoosen@hotmail.com

]]> ae03df9fc8975d14ca7ffa704d00ec9a kelvinh replied to the topic net/gross yield in the forum General Property https://www.propertyinvesting.com/topic/4369294-netgross-yield/#post-4438585 Sun, 09 Nov 2003 08:02:59 +0000 fullout

Drop me a line and I’ll send you a very simple cash on cash calculator which I made…
based on calculations outlined from Steves book.

Regards

Kelvin
kelvinhoosen@hotmail.com

]]> e8233a513f051dd9c118c97223b81019 kelvinh replied to the topic Any people with experience buying in country WA in the forum No Subject https://www.propertyinvesting.com/topic/4369047-any-people-with-experience-buying-in-country-wa/#post-4436703 Wed, 05 Nov 2003 10:41:08 +0000 These were just the strata/body corp fee $3000pa…. That’s blew a hole in the one and only +ve cash flow prop ive found…
Im still hunting for those +ve cash flow props…both south and north, but the returns seems alittle higher in the North…

Regards

Kelvin
kelvinhoosen@hotmail.com

]]> 9f826afa2d1fad5ccd05379a9c412f38 kelvinh replied to the topic Any people with experience buying in country WA in the forum No Subject https://www.propertyinvesting.com/topic/4369047-any-people-with-experience-buying-in-country-wa/#post-4436701 Wed, 05 Nov 2003 06:51:00 +0000 Thanks for the reply guys…
Yeah its was in Port but the fees were a killer…

I’ll just keep on searchin..
Regards

Kelvin
kelvinhoosen@hotmail.com

]]> 9d9d071e3a35529c0a778fbeb977dbbe kelvinh replied to the topic Student Apartments + Cashflow! in the forum General Property https://www.propertyinvesting.com/topic/4369117-student-apartments-cashflow/#post-4437168 Wed, 29 Oct 2003 13:52:20 +0000 Prop16

Have you found out the management/strata/body corp feees…

Regards

Kelvin
kelvinhoosen@hotmail.com

]]> 7ad764da9d9a9b886002a218ca98f046 kelvinh replied to the topic Cash on Cash calculator…. in the forum General Property https://www.propertyinvesting.com/topic/4369048-cash-on-cash-calculator/#post-4436722 Wed, 29 Oct 2003 12:49:02 +0000 tbarrett

The closing costs are calculated by:

IF deposit is greater than or equal to 20% of purchase price then the closing cost Ive put down is 5%, if the deposit is less then its 2.5% of the purchase price…

Pretty general…but good for a rough guide.

BTW its Kelvin not kevin : )

Regards

Kelvin
kelvinhoosen@hotmail.com

]]> 271f74545171072721b648b2029ea3fc kelvinh replied to the topic Cash on Cash calculator…. in the forum General Property https://www.propertyinvesting.com/topic/4369048-cash-on-cash-calculator/#post-4436716 Tue, 28 Oct 2003 07:48:12 +0000 Cash on cash calc now…. now MelBear enhanced… Thanks : )

Kelvin
kelvinhoosen@hotmail.com

]]> 45b12c61f8c774af133212452b19cfe6 kelvinh replied to the topic Cash on Cash calculator…. in the forum General Property https://www.propertyinvesting.com/topic/4369048-cash-on-cash-calculator/#post-4436708 Mon, 27 Oct 2003 16:57:56 +0000 Yep its just a simple straight forward cash on cash calc…

]]> 20be2012b77acb2db2dc7c4113d7e8b0 kelvinh replied to the topic +ve CF are There in the forum General Property https://www.propertyinvesting.com/topic/4369041-ve-cf-are-there/#post-4436692 Mon, 27 Oct 2003 11:26:09 +0000 Good stuff Hot Rod
Really glad to hear there still out there …
I too am lookin up north WA… and thinkin of flyin up to have a look…but wont till i can find something that is almost a definite…
If you have any hints in tips about up north drop me a line….

Regards

Kelvin
kelvinhoosen@hotmail.com

]]> 78719ad65e0a37e8260dfbd007c6d731 kelvinh replied to the topic Place comments about my spreadsheet here in the forum General Property https://www.propertyinvesting.com/topic/4369026-place-comments-about-my-spreadsheet-here/#post-4436436 Sun, 26 Oct 2003 12:58:39 +0000 Fudge111
Yeah I’d like to check it out…
If its big…zip and send too
kelvinhoosen@hotmail.com

Thanks

]]> a673573be2596f77680bf0c2ff4a09d0 kelvinh replied to the topic Has anyone used Mortgage Choice in the forum General Property https://www.propertyinvesting.com/topic/4368906-has-anyone-used-mortgage-choice/#post-4435062 Tue, 21 Oct 2003 11:38:24 +0000 I used mortgage choice…they were good but alittle conservative..
which ended up good for me as its was my PPOR and hadnt really had much experience having to put away for a mortgage…

]]> 0cd6ab85e5155b62c51f449e332da3da kelvinh replied to the topic Room / Apartments in Hotels in the forum General Property https://www.propertyinvesting.com/topic/4368853-room-apartments-in-hotels/#post-4434602 Mon, 20 Oct 2003 10:11:41 +0000 KADAB1

So you were very happy with yours??
Did you have any problem selling??

Kelvin

]]> 23e7838f325b80143155f9097f4261e9 kelvinh replied to the topic Room / Apartments in Hotels in the forum No Subject https://www.propertyinvesting.com/topic/4368853-room-apartments-in-hotels/#post-4434589 Sat, 18 Oct 2003 01:32:20 +0000 NeilSD
I asked a similiar question recently “Commercial prop (hotel room)” and the concensus seems be:
-May have difficulty getting finance, or using equity built up in to buy other IP’s
-May be diifficult to sell
-Management fees can be high
-Contracts may include hidden cost etc…

Hope it helps…

Regards

Kelvin
kelvinhoosen@hotmail.com

]]> f5197a3becbad1ef14f497bfdc565e75 kelvinh replied to the topic Commercial Prop (hotel room) in the forum General Property https://www.propertyinvesting.com/topic/4368831-commercial-prop-hotel-room/#post-4434369 Sat, 18 Oct 2003 01:24:00 +0000 C2, Terryw, Billfromoz, david femia Thanks for the advice…
I was attracted to the investment because of its low cost 98k.. and the 5yr guarenteed rent ($155wk)so I could easily pay off a P&I loan with the rental income with out any outlay or worries about vacancy, rates, rapairs or maintenance…

Thanks again everyone… This would have been my…[Read more]

]]> 532b9113f61491d9e9879930fb1102ca kelvinh replied to the topic Commercial Prop (hotel room) in the forum General Property https://www.propertyinvesting.com/topic/4368831-commercial-prop-hotel-room/#post-4434365 Thu, 16 Oct 2003 23:24:58 +0000 C2

Thanks for your reply… yes talking about serviced apartment…
I is +ve, and from a quick calculation will be till interest rates to about 8.0% which gives me a good buffer…
My plan is to keep it long term?? but also want to be able to borrow against it to buy more +ve props, in the future… Thanks for the advice… will definetely have…[Read more]

]]> 55353dc6d53bb6bd583a63c59b39c1f7 kelvinh replied to the topic CBD Apartment Investment WA in the forum No Subject https://www.propertyinvesting.com/topic/4368471-cbd-apartment-investment-wa/#post-4432158 Sun, 05 Oct 2003 00:51:07 +0000 Being a Perthie… There seems to be alot of inner city apartments around.. and rental vacancy around Perth city is around 7.5 per cent (last API mag) with the rest of perth sitting at around 4.5 or under…
Not much info but hope it helps …

Regards

Kelvin

]]> 9cc1d9b019e446eacea5b05636aab20e kelvinh replied to the topic Experienced WA Investors in the forum No Subject https://www.propertyinvesting.com/topic/4367977-experienced-wa-investors/#post-4428978 Thu, 25 Sep 2003 04:01:12 +0000 Chris77
Could you send a copy my way too…

Wow my first post and already asking for stuff…
Thanks in advance… : )

kelvinhoosen@hotmail.com

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