PropertyInvesting.com | Kerri-67 | Activity https://www.propertyinvesting.com/members/kerri-67/activity/ Activity feed for Kerri-67. Wed, 15 Apr 2026 06:05:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 663ed5a65a45d5499556b5dc6ed41eb2 Kerri-67 replied to the topic Seminar Scams... in the forum General Property https://www.propertyinvesting.com/topic/4378935-seminar-scams/#post-4507814 Mon, 07 Mar 2005 09:13:03 +0000 It’s rather difficult to ask a book to clarify a point you don’t quite understand[tongue]

Kez :)

More investment strategies —> http://www.21stcenturyacademy.com.au/cmd.php?af=199400

]]> acf2cecc182aa494acbceb1e0d18c88a Kerri-67 replied to the topic Who ya gonna call? in the forum Finance https://www.propertyinvesting.com/topic/4378308-who-ya-gonna-call/#post-4504131 Thu, 27 Jan 2005 02:05:41 +0000 Thanks Simon

That’s exactly what I was looking for.[biggrin]

Kez :)

More investment strategies —> http://www.21stcenturyacademy.com.au/cmd.php?af=199400

]]> c87fe60acdd560e0b3bfb4caf5d3f495 Kerri-67 replied to the topic Questions about selling or renting our town home. in the forum General Property https://www.propertyinvesting.com/topic/4378173-questions-about-selling-or-renting-our-town-home/#post-4503286 Thu, 20 Jan 2005 10:22:16 +0000 Do you own the town house outright, or are you still paying it off?

If you’re still paying it off, would the rent you’d get on it cover the repayments and running costs?

If you own it outright, have you thought about taking out a line of credit to purchase other IPs, or to help with your move? You could set it up so that the rent covered the LOC…[Read more]

]]> 48e452beb17ade77933ffaecb678c977 Kerri-67 replied to the topic Implications of living in IP before renting in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377908-implications-of-living-in-ip-before-renting/#post-4501643 Thu, 20 Jan 2005 05:46:43 +0000 Thanks bb:)

Kez :)

More investment strategies —> http://www.21stcenturyacademy.com.au/cmd.php?af=199400

]]> 29ef7e65562c8358c2ed7697ffdfdc13 Kerri-67 replied to the topic Rural property in the forum No Subject https://www.propertyinvesting.com/topic/4378166-rural-property/#post-4503257 Thu, 20 Jan 2005 05:24:40 +0000 hi syneric

Why don’t you approach several different lenders and see what they say. If none of them will come to the party on it, you could always buy it for cash, then use the immediate equity to borrow for more properties. Even in the most outback of country areas, I imagine it would be easier to get an LOC or something like that on a property…[Read more]

]]> 87bf14dad968853ed78ae6787d935e94 Kerri-67 replied to the topic Money Follows Management ? in the forum No Subject https://www.propertyinvesting.com/topic/4378093-money-follows-management/#post-4502722 Wed, 19 Jan 2005 04:21:49 +0000 Hey Bradles

If you do it right, you won’t be paying off $300,000 on a single wage. You will do your research properly to ensure that the properties you buy will be at least CF neutral, and will pay themselves off. Then your single wage will be free to be used for other things [biggrin].

Cheers

Kez :)

More investment strategies —>…[Read more]

]]> 53392cfa63d3bb6135bbbaacadad2ce4 Kerri-67 replied to the topic What advantages of PPOR in a trust? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378055-what-advantages-of-ppor-in-a-trust/#post-4502507 Sun, 16 Jan 2005 13:13:08 +0000 Hi … not exactly the same topic, but kind of related. I searched for “renting own home”, and couldn’t find what I wanted with a quick scan.

My situation is that I’m in the Defence Force and own a suitable property in my posting locality to live in. If I didn’t own this property, I would be entitled to rent assistance. Since I own the property,…[Read more]

]]> 54bb4bd803517bcbbb091ed51f8efde9 Kerri-67 replied to the topic advice on kicking out tenants in the forum Help Needed! https://www.propertyinvesting.com/topic/4378044-advice-on-kicking-out-tenants/#post-4502447 Sat, 15 Jan 2005 12:51:56 +0000 Speaking from a tenant’s point of view (I rented for years before I finally bought a place), it is very upsetting and traumatic to be ousted from your home just because it is convenient for the owner. I had this happen to me a few times as a tenant, and it really disrupted my life in a major way. You’re talking about ‘kicking the tenants out’…[Read more]

]]> 069c80a1b43431307c013592e33663a7 Kerri-67 replied to the topic New Structure - Progress Updates in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377977-new-structure-progress-updates/#post-4502027 Fri, 14 Jan 2005 23:22:23 +0000 Hi Rob

I just watched a video of Ian Daily talking at a seimnar. He is some big wig at ITP. He was saying something about trusts not being such a great idea any more. Something about the govt changing the rules, ‘cos they don’t like not having control over trusts as they come under common law.

Ian seems to think that the govt plans will make…[Read more]

]]> 63148291f63cd34cc1600b67050c60dc Kerri-67 replied to the topic looking for a real estate mentor in the forum Help Needed! https://www.propertyinvesting.com/topic/4377674-looking-for-a-real-estate-mentor/#post-4500119 Fri, 14 Jan 2005 23:14:21 +0000 Hmm … Jack does get around. I just saw some of his posts in another forum, offering advice on investing in shares. Maybe he is a 42 year old share market expert, and a 22 year old property market novice?? [blink]

]]> 0b82d8d71a36e9f7d53076ad85684426 Kerri-67 replied to the topic Wrap value in the forum Creative Investing https://www.propertyinvesting.com/topic/4377969-wrap-value/#post-4501994 Thu, 13 Jan 2005 23:36:59 +0000 I think most people do wraps to turn a CF- property into a CF+ one, or as an exit strategy. If you are more intersted in CG, maybe a wrap isn’t the right thing to do. Once you sell the place to the wrappee, the end price has nothing to do with you. You have sold it, the same as if they paid cash, except they are paying you off over a period of…[Read more]

]]> fc9ff1f89c958e55542737082a5950cd Kerri-67 replied to the topic Wrap value in the forum Creative Investing https://www.propertyinvesting.com/topic/4377969-wrap-value/#post-4501989 Wed, 12 Jan 2005 21:37:14 +0000 Hi PT

With a question like that, are you sure you’re thinking of wraps, and not lease options? Sounds like you are maybe thinking of a future price for when the other person exercises their option to buy.

If that’s not the case, just pretend I’m not here. If that is the case, I have no idea, but will be eager to hear the answers!

Cheers

Kez :)

]]> ef97cfd4f3c80251b0b0df1aa0d9e4ff Kerri-67 replied to the topic Intro and pension question in the forum General Property https://www.propertyinvesting.com/topic/4377729-intro-and-pension-question/#post-4500473 Tue, 11 Jan 2005 23:39:43 +0000 Thanks very much everyone[cap]

I’ll pass this all on to mum and see what she thinks.

Have a great day

Kez :)

]]> d0fa8d3c334a8a0727ffd476dfe3d775 Kerri-67 replied to the topic UNITS INSTEAD OF HOUSES in the forum Creative Investing https://www.propertyinvesting.com/topic/4377945-units-instead-of-houses/#post-4501842 Tue, 11 Jan 2005 21:51:23 +0000 Paul

What would happen if the wrapee just up and left? Would you just rent the property out or wrap it again? If the wrapee decides to leave, are there any obligations on the wrapper? Would there be a clause in the contract to cover this sort of thing, and what might it say?

Cheers

Kez :)

]]> 0dcfd227f89964cb55279836ea9dba6f Kerri-67 replied to the topic Implications of living in IP before renting in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377908-implications-of-living-in-ip-before-renting/#post-4501640 Tue, 11 Jan 2005 11:34:00 +0000 The rent … well, I was thinking that maybe Kerris Holdings might supply the house as some sort of tax free employee benefit. Not sure how, but there’s gotta be a way to do it … just gotta find it[biggrin]

Mortgage Wizard … ummm …. Advisor … ummmm …. the storm trooper [tongue4] … good idea. I might drop him and email. Have you got a…[Read more]

]]> 7f1be62e568809ae308f86ed9e3394fa Kerri-67 replied to the topic Implications of living in IP before renting in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377908-implications-of-living-in-ip-before-renting/#post-4501637 Tue, 11 Jan 2005 03:13:46 +0000 Is a trading company one that buys and sells the properties?

Kez :)

]]> c6dc2446729a6dd7b290f76557cb2aa1 Kerri-67 replied to the topic Implications of living in IP before renting in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377908-implications-of-living-in-ip-before-renting/#post-4501635 Tue, 11 Jan 2005 02:36:40 +0000 After doing some reading, I actually have an idea of forming a couple of companies. One would be the working company (ei. Kerris Renos Pty Ltd), and would not own any of the properties. Another would be the company that owns the properties (ie. Kerris Holding Pty Ltd). And then there would be me, who owns nothing, but works for Kerris Renos, doing…[Read more]

]]> cf9505c4ffcf153aff385a5ef0988f25 Kerri-67 replied to the topic Implications of living in IP before renting in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377908-implications-of-living-in-ip-before-renting/#post-4501631 Mon, 10 Jan 2005 23:41:22 +0000 See, there’s the rub. What I plan to do (once I have gotten to a point I can give up full time work), is to buy a doer upper, live in it while I do it up, then do it all again with another one.

So, (if all goes to plan) I would be only living in each place for 6 – 9 months, and then moving on. Would I change each to my PPOR when I moved in, or…[Read more]

]]> b1215e63aba28429e5766323a8b84868 Kerri-67 replied to the topic Conflict of interest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4377325-conflict-of-interest-2/#post-4497565 Sun, 09 Jan 2005 23:00:07 +0000 Hiya P

You say you want to sell because it is costing you money. Have you thought of using a different strategy to reduce the cost of owning it?

My mortgage is terrible at the moment, and I am paying really high interest. For a while I thought about selling, but now have decided to refinance. That will make a huge difference to my repayments,…[Read more]

]]> ca89b9c7598c9445add4d231e113a599 Kerri-67 replied to the topic Can't decide if it's good or bad in the forum Help Needed! https://www.propertyinvesting.com/topic/4377889-cant-decide-if-its-good-or-bad/#post-4501459 Sun, 09 Jan 2005 05:06:33 +0000 D’oh! Silly me! *slapping my wrist*

Fancy thinking that and inexperienced “newbie” would have anything credible or logical to say.
My, I have so much to learn.[blink]

Kez :)

]]> b975430fcda7d8f90016e4218cf6c487 Kerri-67 replied to the topic Can't decide if it's good or bad in the forum Help Needed! https://www.propertyinvesting.com/topic/4377889-cant-decide-if-its-good-or-bad/#post-4501453 Sun, 09 Jan 2005 01:16:06 +0000 If I were you, I would get a thorough building inspection done, and if it turns out to be structually sound, and the wiring and everything is ok, I’d go for it. I suppose it depends on what your strategy is though … are you in it for the +CF or CG? Trust your gut instinct (after doing proper due diligence, of course).

p.s … total newbie here,…[Read more]

]]> 03084d1061e37212ff4159bda8d10e10 Kerri-67 replied to the topic FHOG related buyer/seller in the forum Help Needed! https://www.propertyinvesting.com/topic/4377887-fhog-related-buyerseller/#post-4501446 Sun, 09 Jan 2005 01:11:59 +0000 When I applied for the FHOG, I rang the Office of State Revenue, and they were very helpful with all the info I needed. I suggest giving them a call.

Cheers

Kez :)

]]> bd17f4d7a3782d4302e62da1a8479823 Kerri-67 replied to the topic Ready to dive in but need some coaching PLEEZE in the forum No Subject https://www.propertyinvesting.com/topic/4377873-ready-to-dive-in-but-need-some-coaching-pleeze/#post-4501361 Sat, 08 Jan 2005 08:11:55 +0000 Hey jazpo

Just a beginner myself, but I had a thought. Couldn’t you look for a cheaper area to buy, somewhere a bit regional maybe, but which shows a reasonable growth, and only draw $100,000 from your offset account? That way, you’re allowing a margin for things to go wrong until you can get work again. Just a thought.

The options with…[Read more]

]]> 0ac2bd3ee4fd45418487491529b8de35 Kerri-67 replied to the topic Courses a deduction? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377791-courses-a-deduction/#post-4500849 Wed, 05 Jan 2005 01:32:49 +0000 Excellent[biggrin]

Thanks muchly Derek

Kez :)

]]> f21c3d9ac6d9986432e7da1ca4d5987a Kerri-67 replied to the topic Are Personal Messages Useful? in the forum Opinionated! https://www.propertyinvesting.com/topic/4377643-are-personal-messages-useful/page/2/#post-4499810 Mon, 03 Jan 2005 11:15:12 +0000 <<< puttin’ my hand up for the chat room and the little abc button!![wideeyed]

Kez :)

]]> 2e7990b9b4197c71657787cd59038bd9 Kerri-67 replied to the topic Frustrated Broker... in the forum Finance https://www.propertyinvesting.com/topic/4377493-frustrated-broker/page/2/#post-4498688 Mon, 03 Jan 2005 10:53:23 +0000 ‘scuse my ignorance, but what is churn?

Kez :)

]]> 66917abfd51098e153b759ce71d6afd7 Kerri-67 replied to the topic Frustrated Broker... in the forum Finance https://www.propertyinvesting.com/topic/4377493-frustrated-broker/page/2/#post-4498687 Mon, 03 Jan 2005 10:51:10 +0000 Some of the extra things I was asked for at different times, after I had already submitted everything that had been requested were:

*a letter from my credit union to say that my visa was a debit card only, even though I supplied 12 months worth of statements which clearly showed there was no overdraft on the card

*a medicare card to prove that I…[Read more]

]]> cc6356d727dacc9906a4af88b8448f37 Kerri-67 replied to the topic 2004 Achievements and Plans for 2005 in the forum Opinionated! https://www.propertyinvesting.com/topic/4377363-2004-achievements-and-plans-for-2005/page/2/#post-4497770 Mon, 03 Jan 2005 09:51:59 +0000 This is good for me. It’s really easy to write a list of goals here at home, ‘cos I am the only one who sees them. This way, I can’t change them as the whim takes me.

OK, 2004 first.

1. Bought a unit which is sucking me dry.
2. Battled with depression (caused in part by the experience of buying the unit), and won, with the help of Zoloft
3.…[Read more]

]]> f45a34ca194070a1f1c4ebc1faa5ae9a Kerri-67 replied to the topic Frustrated Broker... in the forum No Subject https://www.propertyinvesting.com/topic/4377493-frustrated-broker/page/2/#post-4498684 Mon, 03 Jan 2005 09:10:15 +0000 Brahms

I would most definitely have changed brokers if there had been time. I actually contacted a few, some who said they couldn’t help with 100% finance, and others who were too busy to help in the time frame I needed. I even considered scrapping the idea of buying the unit completely at one stage. Rang everyone and cancelled everything, and…[Read more]

]]> f516bf9d9e20bf42e93fa5c4162c36a7 Kerri-67 replied to the topic Frustrated Broker... in the forum Finance https://www.propertyinvesting.com/topic/4377493-frustrated-broker/#post-4498675 Mon, 03 Jan 2005 01:13:59 +0000 I am currently in a loan that charges 8.45% interest. It is a total rip-off, and the sooner I can sell and get out of it the better. There are a few of reasons I have not refinanced:

1. I found a couple of deals with good fixed and variable terms, but the valuers the finance companies used (in my opinion) undervalued the property and won’t shift…[Read more]

]]> 63721c3dafb4ad2be3f20bb537416960 Kerri-67 replied to the topic Intro and pension question in the forum General Property https://www.propertyinvesting.com/topic/4377729-intro-and-pension-question/#post-4500464 Sun, 02 Jan 2005 03:21:51 +0000 Hi Byronent

There is a certain amount she can own in assets before it affects her pension. Not sure what it is, but I’ve heard of stories where the only asset of a retired couple is their own home, and because it’s worth over a certain amount, they receive no pension, even though they have no income. They have to sell their home (which may have…[Read more]

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