PropertyInvesting.com | kimc | Activity https://www.propertyinvesting.com/members/kimc/activity/ Activity feed for kimc. Sun, 12 Apr 2026 13:54:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 6471bcd2d56bf446aa68c81508083425 kimc replied to the topic Paying down loan in this scenario? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399368-paying-down-loan-in-this-scenario/#post-4621036 Fri, 02 Apr 2010 08:42:55 +0000 Oh, Hi Richard,Your welcome,…you've  worked hard this week and I know that for a fact!!  If it hadn't been for your help and sense of humour…I think I would have cracked under the pressure.Yes, you're are right, we did get there in the end.Thankskimc

]]> 11020558c3d634c226187e643bbd2332 kimc replied to the topic Paying down loan in this scenario? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399368-paying-down-loan-in-this-scenario/#post-4621034 Fri, 02 Apr 2010 06:30:34 +0000 Hi Grug,I am a long time reader of the forums also.I recently took the plunge into property investing with Richards help.I highly recommend him. He is professional and thorough.I live in sydney so distance isn't a problem at all.I will not hesitate to use his services again in the future.Good luck, go for it!Kimc

]]> a6da253629cfcceae007b98575a9f527 kimc replied to the topic due diligence on property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399042-due-diligence-on-property/#post-4618840 Thu, 11 Mar 2010 22:39:50 +0000 Hi Romeop,I'm not sure how much extra you would pay in strata fees for a pool.? Personally I would bypass any block of units which had a pool, but that's just me.The block I'm looking at does have a lift. the unit  is on the 3rd floor . The way I look at it, is if  I want to attract a tennant to the 3rd floor I will need a lift.   A pool would be…[Read more]

]]> 9a1f667caeeb6e2989048c6a8818e5f5 kimc replied to the topic due diligence on property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399042-due-diligence-on-property/#post-4618837 Mon, 08 Mar 2010 20:30:45 +0000 Hi Richard,From what I gathered from my broker  we don't have quite have enough equity. Not sure how much our PPOR is worth. He thought about the $420000.00 mark…I would be more conservative at $410000.00. We owe $274000.00I would really like to avoid LMI. I'm not really sure how to work that out.Is it mortgage owed+investment prop price (i…[Read more]

]]> 47473dedebf5eeabe1e782dd754c34f0 kimc replied to the topic due diligence on property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399042-due-diligence-on-property/#post-4618835 Mon, 08 Mar 2010 09:42:49 +0000 Hi,Thanks for you 'helpful input'I will definately get some more BC info. I did ask the agent how much was in the sinking fund…and his reply was….. (wait for it)……."of course there's plenty….it's only four years old"….geeze they're good arn't they!!..I felt as if he thought I was being cheeky but now thanks to you I have some amo!…I…[Read more]

]]> 252328c1466587e1929018b1ae5a5f1c kimc replied to the topic where from here? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398347-where-from-here/#post-4614641 Wed, 13 Jan 2010 18:55:54 +0000 Ahh…I’ll watch out for that..

Thanks

kim

]]> 8fbbe983df9e2834e5a91f9300f83907 kimc replied to the topic where from here? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398347-where-from-here/#post-4614639 Wed, 13 Jan 2010 11:11:45 +0000 Hi Richard,That's helpful…..small bonus!I read many ''For' and 'Against" …Re LMI. The way I see it…and this is just the opinion I have formed for my situation …if I want to get on the band wagon this year…it is just part of the price I need to pay. I want to be on the ferris wheel when things get going again.Thanks…[Read more]

]]> f8643d8d2f8a59c0f7175fa34dcf7c89 kimc replied to the topic where from here? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398347-where-from-here/#post-4614636 Wed, 13 Jan 2010 10:41:04 +0000 Hi Richard,I have read many of your posts and the 'cross collateralise' and  'loan structure' will be one of the things I will be aware of…thanks to you and many others. You might think you sound like a broken record but believe me, the more times we hear it …the more confident we will all feel when setting everything in place.We were told in…[Read more]

]]> 64d6abbb38a7168d8ad51d6d88bed8eb kimc replied to the topic where from here? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398347-where-from-here/#post-4614634 Wed, 13 Jan 2010 09:59:40 +0000 Hi Duckster,No, Children will not be an issue.Your information was also helpful.  It really is all about  number crunching and how much risk you are willing to take.I will take your advice and contact a mortgage broker to see where we stand re: finance…..then do some numbers.thankyoukim

]]> 2e284c51ba7e5fd0e13fc4b5816dc0e1 kimc replied to the topic where from here? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398347-where-from-here/#post-4614632 Wed, 13 Jan 2010 04:56:12 +0000 Hi Finspec,'Many thanks for your comments….it seems one of the forks in the road has a very clear sign..'Just do it!'To be honest I have looked into alot of areas including western Sydney where we live (Parramatta/  area) There are villas near us $330,000, and renting  for 340,00. It is so easy to  become 'mind boggled' about the whole invest…[Read more]

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