PropertyInvesting.com | LakshmiPropertyInvestors | Activity https://www.propertyinvesting.com/members/lakshmipropertyinvestors/activity/ Activity feed for LakshmiPropertyInvestors. Wed, 15 Apr 2026 00:50:25 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4b62b8215b1155450a8d4a8a9c8e9d62 LakshmiPropertyInvestors replied to the topic property that makes a difference in the forum General Property https://www.propertyinvesting.com/topic/4370071-property-that-makes-a-difference/#post-4445094 Mon, 22 Dec 2003 08:47:22 +0000 Bear,
I’ve never been inside a Sthapatyaveda House, but I’ve experienced many of the other lifestyle products the consultants are offering and they’re all fantastic.
Some of the consultation fee goes towards building and maintaining a group of scholars who will meditate together to create world peace.

Here are a couple of…[Read more]

]]> 517513931029d298a5ad57b83c2501a3 LakshmiPropertyInvestors replied to the topic property that makes a difference in the forum No Subject https://www.propertyinvesting.com/topic/4370071-property-that-makes-a-difference/#post-4445092 Mon, 22 Dec 2003 01:37:05 +0000

Brownrabbit –
Environmenally sustainable design should be integral to all property.
I would like to incorporate the same into my IP’s once I’ve found a way to do it economically so that we get a good yield.
I’d also like to hear more about your plans.
my email is lakshmiproperty@optusnet.com.au

yogic flying for world peace

]]> 480417740a7171c53bbcef1f798d9bb7 LakshmiPropertyInvestors replied to the topic property that makes a difference in the forum No Subject https://www.propertyinvesting.com/topic/4370071-property-that-makes-a-difference/#post-4445090 Sat, 20 Dec 2003 07:42:52 +0000 Thank you Scarecrow.
The next challenge is to build a Shapatyaveda house at a property that I and everyone can afford.
My budget is around $90K for house and land, so the location will be a small country town, in SA.
The consultation fees will be about $6k.
I’m thinking of a transportable home, but I looked at one a few years ago on a warm day and…[Read more]

]]> 7b33e3af5bcc0d572066b8558d4ed978 LakshmiPropertyInvestors replied to the topic Self managed super & trusts in the forum Hotch Potch https://www.propertyinvesting.com/topic/4370026-self-managed-super-trusts/#post-4444716 Fri, 19 Dec 2003 11:09:16 +0000 [:)]
Picja1,
the reason I don’t want to go for a 2nd mortgage is because I want to be an active investor.
I want the property I own to make a positive difference in peoples’s lives. I want to be proud of what I own for more reasons than the fact that i’m earning x% from it.
The following gives some idea of where I’m heading.

TORONTO GLOBE AND…[Read more]

]]> 20db97c1700d7988e36001534f171418 LakshmiPropertyInvestors replied to the topic Self managed super & trusts in the forum Hotch Potch https://www.propertyinvesting.com/topic/4370026-self-managed-super-trusts/#post-4444715 Fri, 19 Dec 2003 11:01:03 +0000 [:)]
Pica

]]> 0c20c651d42df7b4f3bd0f6ab06331cd LakshmiPropertyInvestors replied to the topic Self managed super & trusts in the forum Hotch Potch https://www.propertyinvesting.com/topic/4370026-self-managed-super-trusts/#post-4444714 Fri, 19 Dec 2003 11:01:01 +0000 [:)]
Pica

]]> 0684a66dfb04272e98cb8cbb14c9206f LakshmiPropertyInvestors replied to the topic Self managed super & trusts in the forum Hotch Potch https://www.propertyinvesting.com/topic/4370026-self-managed-super-trusts/#post-4444713 Fri, 19 Dec 2003 11:01:00 +0000 [:)]
Pica

]]> b596dc78200a9c3d03d75bb2c4ff28a2 LakshmiPropertyInvestors replied to the topic Self managed super & trusts in the forum Hotch Potch https://www.propertyinvesting.com/topic/4370026-self-managed-super-trusts/#post-4444712 Fri, 19 Dec 2003 11:00:59 +0000 [:)]
Pica

]]> bc84d5ede1533b73788d721321529984 LakshmiPropertyInvestors replied to the topic Self managed super & trusts in the forum Hotch Potch https://www.propertyinvesting.com/topic/4370026-self-managed-super-trusts/#post-4444706 Wed, 17 Dec 2003 06:35:20 +0000 [:)]
I gave up too soon.
Because the area is so grey I’m going to apply for a private ruling from the ATO.
It’ll be cheaper than a consultation with a high profile lawyer/adviser/accountant, after which I would still need a private ruling, so what can I lose?
+ I’ll feel more secure afterwards.
I’ll let you know how it goes.

]]> 4ae0f95d609e903654b2d7e65d8cbb5c LakshmiPropertyInvestors replied to the topic Self managed super & trusts in the forum Hotch Potch https://www.propertyinvesting.com/topic/4370026-self-managed-super-trusts/#post-4444705 Wed, 17 Dec 2003 04:16:42 +0000 Thanks for your input, guys.
It looks like the odds are stacked against me.
If it came to a showdown in court between the ATO and me, I wonder who would win?
I could cite Chris Batten’s advice, but apparently the ATO has him on their radar, so it wouldn’t surprise me if they came up with some rule that says something like:
“anyone trying any funny…[Read more]

]]> f38f279c14355662d1fad7903623dc31 LakshmiPropertyInvestors replied to the topic Jon Cox Trading Seminar in the forum No Subject https://www.propertyinvesting.com/topic/4365469-jon-cox-trading-seminar/#post-4414349 Wed, 13 Aug 2003 07:34:50 +0000 I went to an introductory evening last night.
It’s incredible the depths that we have sunk to in order to make money.
If you trade index options you are basically becoming a bookmaker for European punters who want to bet on what number the index will finish on in 45 days time.
No doubt that it’s safe; who’s more likely to go broke, a punter or a…[Read more]

]]> 974af495aa3895282be4ecb00fc0ae29 LakshmiPropertyInvestors replied to the topic Gross Rental $42 900 p.a!?! in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366073-gross-rental-42-900-p-a/#post-4417358 Sat, 14 Jun 2003 09:17:36 +0000 Adofunk, you got your numbers upside down when calculating the yield.
Divide the rent by the purchase price, not the other way around.

]]> cc82323edcdedf1891e17e95d5e95a56 LakshmiPropertyInvestors replied to the topic Eviction - wait or act? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366026-eviction-wait-or-act/#post-4417109 Tue, 10 Jun 2003 07:40:22 +0000 Thanks TerryW and Rachel.
It’s a hypothetical lease-option situation.
My path towards an investment property soon seems clear, but I want to be prepared in case I have to act quickly.

]]> 69c7e721b81983e593fee01652675b07 LakshmiPropertyInvestors replied to the topic challenge in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365803-challenge/#post-4415932 Wed, 21 May 2003 06:19:51 +0000 Thanks everyone,
All very useful comments.
I appreciate the time you’ve all taken to read the post and especially those who responded.
I think I’ll explore the creative financing a bit further as Steve suggests.

]]> cbfc7f7dbcd6b51ba8662579ee3f6724 LakshmiPropertyInvestors replied to the topic challenge in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365803-challenge/#post-4415929 Wed, 21 May 2003 04:05:24 +0000 We’re eating into our line of credit. The end can’t be that far away. I’m praying that one or more of my other schemes will bear fruit before we reach the limit of our loans.[:O]

]]> 82a3475d359fa30a0c8ef653c888fbc5 LakshmiPropertyInvestors replied to the topic Lease/Option proforma contracts in the forum No Subject https://www.propertyinvesting.com/topic/4365791-leaseoption-proforma-contracts/#post-4415895 Wed, 21 May 2003 03:50:55 +0000 hi Wogboy,
i have prepared some lease/option contracts.
they’re unscrutinised by any lawyer, but they should save you a few hundred in legal preparation fees.
email me at
andrewscott2@optusnet.com.au

]]> 01d9327bcf5e2f4d50a3ab6b88c38db4 LakshmiPropertyInvestors replied to the topic Investment coach/mentor wanted in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365664-investment-coachmentor-wanted/#post-4415320 Tue, 06 May 2003 10:12:21 +0000 Mate,
with achievements like yours at 25 years old and your obvious resourcefulness, you don’t need a mentor.
All you lack is the confidence that comes from personal experience and there’s only one way to get that.
You are well set up. Just go for it.

]]> 9f9dae9b2f811a1b2b255b1d47d32cff LakshmiPropertyInvestors replied to the topic Anyone do Lease Options in South Australia? in the forum No Subject https://www.propertyinvesting.com/topic/4365667-anyone-do-lease-options-in-south-australia/#post-4415340 Mon, 05 May 2003 10:39:30 +0000 I am about to start doing lease options in SA.
I have not invested more than a few hours of my time but have come up with the following contracts that I’m about to submit to a lawyer for approval:
Option to Purchase, and
Lease Agreement.
If anyone would like a copy of either, just email me at the address below.
I tried to paste them here, but…[Read more]

]]> fe872889b44b263fb0730b0a0cc5fd4d LakshmiPropertyInvestors replied to the topic Changing trustee of the trust ?? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365652-changing-trustee-of-the-trust/#post-4415285 Sun, 04 May 2003 08:06:24 +0000 I’ve changed Trustee of my TRust.
It’s no big deal.
It’s as simple as one driver getting out of a bus and a new driver getting in.
There was no stamp duty or CGT.
The only minor hitch was that the bank wanted to see the Trust Deed before it would allow a new account, to ensure that it allowed for a change of Trustee.
The Trustee is only the…[Read more]

]]> 8b0e57f4a0c2a7c83af397006feeb593 LakshmiPropertyInvestors replied to the topic bogus offers? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365640-bogus-offers/#post-4415222 Thu, 01 May 2003 03:50:12 +0000 [:D]
Michael & Kaye,
You guys are sensational!
What an art, such technique. You cut straight through the hoo-ha.
Even Jenman would be impressed.
which reminds me…
We had a Jenman agent knock on our door recently trying to drum up onterest in a local place they were trying to sell.
During the course of the conversation he told me about a property…[Read more]

]]> 50a71914594d096457cf1fab8fd23c8b LakshmiPropertyInvestors replied to the topic Defaulting Tenant in the forum Hotch Potch https://www.propertyinvesting.com/topic/4365417-defaulting-tenant/#post-4414129 Mon, 28 Apr 2003 10:33:13 +0000 If this recalcitrant tenant was signed up on a lease option deal, did he abandon his right to buy the property by walking out of the lease?
You would probably want to be able to write a new option over the property to someone else, but if it was already optioned to the runner, that possibility would be gone.
Does anyone else take the precaution of…[Read more]

]]> 81535363caf9f1b2060bd2fb0e5b5ea8 LakshmiPropertyInvestors replied to the topic sewerage connected in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365558-sewerage-connected/#post-4414880 Wed, 16 Apr 2003 04:14:46 +0000 Thanks Paul,
Your answer is all we need.
Funny how the most difficult issues become simple when you have the answer.
Regards,
Andy & Claire
[:)]

]]> 0ee816ed239f4f636b4517787ea147b9 LakshmiPropertyInvestors replied to the topic Please provide you thoughts in the forum No Subject https://www.propertyinvesting.com/topic/4365559-please-provide-you-thoughts/#post-4414881 Tue, 15 Apr 2003 10:07:15 +0000 Retain.
Why rent and be at the whim of a landlord, not to mention the hassle of moving twice – once when you move in, then again when the landlord decides it’s time for you to go, not necessarily when it’s convenient for you.
You can always access the equity in your home with a line of credit loan.

]]> 3cf3dca9edb8c7f1ae8f8f1dced87f7b LakshmiPropertyInvestors replied to the topic tenant buyer chooses property in the forum No Subject https://www.propertyinvesting.com/topic/4365535-tenant-buyer-chooses-property/#post-4414793 Mon, 14 Apr 2003 07:12:13 +0000 Thank you Steve,
I am flattered and thrilled to receive the very answer I was looking for from the guru himself.

It’s this sort of friendly, useful and valuable advice that keeps me away from seminars!

There is truly nothing more powerful than knowledge.

May your dollars keep flowing in faster than they flow out.
Regards,
Andy

]]> 3d6aa7b65d4c8c26e182c1d8fd934e99 LakshmiPropertyInvestors replied to the topic What do tenants contribute? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365518-what-do-tenants-contribute/#post-4414644 Thu, 10 Apr 2003 10:28:41 +0000 Try this site for a lease agreement

http://www.ocba.sa.gov.au/tenancies/forms.html

]]> 01cad7f7a0fb98767e4c2f0967d89b51 LakshmiPropertyInvestors replied to the topic When Seller defaults on Mortgage in the forum No Subject https://www.propertyinvesting.com/topic/4365490-when-seller-defaults-on-mortgage/#post-4414518 Fri, 04 Apr 2003 03:56:01 +0000 [:)]
Thank you respondents.
I think the caveat idea + the automatic payment to the bank of the seller’s lease payment would be a powerful combination.
We appreciate your input.
Regards,
Andy & Claire

]]> 0e496e431069262c28720260c5908fbb LakshmiPropertyInvestors replied to the topic Lease Option Contract for SA in the forum No Subject https://www.propertyinvesting.com/topic/4365420-lease-option-contract-for-sa/#post-4414147 Thu, 27 Mar 2003 08:26:25 +0000 [:)][:)][:)][:)]
Further to my ecent post, my partner and I have located the very form that Saskatoon refers to. It is indeed published by the Real Estate Institute of SA. It’s form no: 7001.
The REISA may not wish people to have copies direct from them as they are not exactly encouraging towards investors doing deals without the help of real estate…[Read more]

]]> b26e377525eb434d621a0c9abf057d3b LakshmiPropertyInvestors replied to the topic Lease Option Contract for SA in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365420-lease-option-contract-for-sa/#post-4414146 Sat, 22 Mar 2003 03:22:15 +0000 Saskatoon, you are a legend!
it’s amazing how much time and money can be saved by getting a tip from someone who’s done it before.

By the way, I had a Eureka thought regarding wraps in SA. As Sandi has rightly indicated, there is a specific law preventing deals which involve payment for land in more than 3 instalments.
What however, if one bought…[Read more]

]]> 24296c9fd6af22ef53a3779a0087a377 LakshmiPropertyInvestors replied to the topic Lease Option Contract for SA in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365420-lease-option-contract-for-sa/#post-4414144 Thu, 20 Mar 2003 05:55:34 +0000 Thanks very much to the 3 people above who responded to my post.
We will have a lawyer vet our draft before we show it to any prospecive clients.
Also, we will check out the SA real estate Act to research this time payment thing.
Regards,
Andrew Scott

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