PropertyInvesting.com | larrytheinvestor | Activity https://www.propertyinvesting.com/members/larrytheinvestor/activity/ Activity feed for larrytheinvestor. Wed, 15 Apr 2026 07:39:52 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 1ebe2b70db85fccfc4097846f0708098 larrytheinvestor replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum General Property https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/page/3/#post-4646474 Mon, 02 May 2011 05:42:58 +0000 Hey

I was just wondering do the banks actually lend you so much money.. for example:

I buy house number 1 with a loan of $170K and its neutral geared. Will the banks actually lend me more money to buy another house even thought i already have $170k dept? Is there not a limit that they will lend to a single individual on a 50K p/a income?

For…[Read more]

]]> aacca49b20b185f3e0709ac1047bacfb larrytheinvestor replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum General Property https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/page/2/#post-4646463 Fri, 29 Apr 2011 08:14:13 +0000 How much would you have in your bank if you liquidated all your IP’s and paid off all the loans Nathan? (if you dont mind me asking)

]]> d098d05c8cd96c066dd342595e02693f larrytheinvestor replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum Nathan Birch wrote:Sorry I https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/page/2/#post-4646460 Fri, 29 Apr 2011 05:13:57 +0000 Nathan Birch wrote:
Sorry I meant 34 buy n holds at 25. Damn iphone.

Hey Nathan, how many do you still have loans for?

Say you fixed an interest only loan for 7 years, what happens when you finish the 7 years.. do you have to pay the loan back?

]]> 29ab556e06ab8e4102878513ad52b49a larrytheinvestor replied to the topic How do you save on Capital Gains Tax? in the forum Creative Investing https://www.propertyinvesting.com/topic/4403375-how-do-you-save-on-capital-gains-tax/#post-4646049 Fri, 29 Apr 2011 01:29:09 +0000 Can you pre-pay a variable interest only loan?

]]> 78f086584444d06173a6f4bbdffb16b6 larrytheinvestor replied to the topic My Latest Project 23% ROI in the forum Value Adding https://www.propertyinvesting.com/topic/4403407-my-latest-project-23-roi/#post-4646264 Thu, 28 Apr 2011 11:15:44 +0000 [“PROFIT: $30,768*
*Before tax”]

How much will you pay in CGT?

]]> d9f74b04b71cdc45562b3144511f7b1f larrytheinvestor replied to the topic Looking to Invest in property at Blacktown Sydney?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403411-looking-to-invest-in-property-at-blacktown-sydney/#post-4646327 Wed, 27 Apr 2011 06:55:15 +0000 What tools/methods do you use to research a suburb?
The things I came off the top of my head were: walking around the area, checking public transport, shops, entertainment and avaliability of jobs, checking upcoming developments, checking zoning on the area you want to invest in… medium house prices, medium rents..
Have I missed anything?

]]> b8cd31d12b9ba3404dc79b12af244da4 larrytheinvestor replied to the topic BASICS FOR THE BEGINNER PROPERTY INVESTOR in the forum General Property https://www.propertyinvesting.com/topic/4403391-basics-for-the-beginner-property-investor/#post-4646167 Wed, 27 Apr 2011 02:58:27 +0000 Thanks Angel.

How much does a quality property manager charge for their services? I assume you only need one when you have developed a large portfolio of houses (10+ maybe?).

]]> a0a76061cbe003ec39f9678381d984f2 larrytheinvestor replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum I'm in QLD :( https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/page/2/#post-4646456 Tue, 26 Apr 2011 08:54:36 +0000 I’m in QLD :(

]]> 61558c7429bc9144d40bd9ab00e97f7c larrytheinvestor replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum General Property https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/page/2/#post-4646452 Tue, 26 Apr 2011 05:45:35 +0000 Do you think nathans method is the ‘best’ method to use Angel?

]]> eead69809eabf04562383cb1e422481e larrytheinvestor replied to the topic BASICS FOR THE BEGINNER PROPERTY INVESTOR in the forum General Property https://www.propertyinvesting.com/topic/4403391-basics-for-the-beginner-property-investor/#post-4646165 Tue, 26 Apr 2011 04:41:12 +0000 How does this work: The newer the property the better the depreciation benefits for tax minimisation benefits?

]]> 496b10094bb4a0f569814d2d08ad4d45 larrytheinvestor replied to the topic How do you save on Capital Gains Tax? in the forum Creative Investing https://www.propertyinvesting.com/topic/4403375-how-do-you-save-on-capital-gains-tax/#post-4646046 Tue, 26 Apr 2011 02:42:27 +0000 If I buy a house fo $200 k, renovate it and then sell it for $250k that means I will be paying ~ 25k in CGT however if i used the 50K profit as a downpayment on another house does that mean I pay no tax on it?

]]> 7e37edc74604a2c6528bf558994ccfca larrytheinvestor replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum General Property https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/page/2/#post-4646450 Mon, 25 Apr 2011 01:49:54 +0000 thanks angel, i had a think about it and worked it out however your example is really useful, thanks

However at the end of the day I would have 10 homeloans and 10 properties. However it says that the houses will double from 200K to 400K… would they really go up by such a large amount?

]]> 25f7be8224da29f1025d6fe0fce7c43e larrytheinvestor replied to the topic How to build a 10 property portfolio in 3 – 5 years realistically on $50,000pa. in the forum General Property https://www.propertyinvesting.com/topic/4403433-how-to-build-a-10-property-portfolio-in-3-5-years-realistically-on-50000pa/page/2/#post-4646448 Mon, 25 Apr 2011 00:28:08 +0000 *edited* * *: i just worked it out by myself.

]]> 80302b8056c27338d8e80aef24c42530 larrytheinvestor replied to the topic General Questions from a newbie in the forum Help Needed! https://www.propertyinvesting.com/topic/4403434-general-questions-from-a-newbie/#post-4646503 Sun, 24 Apr 2011 05:23:19 +0000 thanks.

Equity is your assets – dept right? So if i have a house that is worth $400 000 and I have paid off $200 000 of the loan that means I have $200 000 in equity. So then I can borrow this money and add it back to the original loan right? So i would then have a $400 000 loan to repay but i would have $200 000 in cash that I could use to…[Read more]

]]> 62d54e8f576c0298057fcd403f903bda larrytheinvestor replied to the topic General Questions from a newbie in the forum Help Needed! https://www.propertyinvesting.com/topic/4403434-general-questions-from-a-newbie/#post-4646499 Fri, 22 Apr 2011 07:34:10 +0000 Do you also buy properties all over australia or do you stick to one area? How would you manage tenents if you live in another state?How do you obtain finance for a property? Do you go for a interest only loan?How does equity work (from what i understand it works similar to this  (please correcct me if I am wrong) : Buy a house for $200 000…[Read more]

]]> 69cc7c47c455a78d58cb76e803bd07db larrytheinvestor replied to the topic Does rental income cover the loan repayment of a investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402396-does-rental-income-cover-the-loan-repayment-of-a-investment-property/#post-4639365 Tue, 11 Jan 2011 05:57:04 +0000 Hey thanks for the replies.

Can i get a real life example of the sort of price-range you work in, amount you spend on renovations how much rent is, how much the loan costs you, how much you sell for?
Sort of along the lines of: buy property for $300 000, rent for $_ _ _, renovations cost $_ _ _, rent after renovations $_ _ _, sold for $_ _ _,…[Read more]

]]> cde839a5471b493a09d87f73175a3537 larrytheinvestor replied to the topic Does rental income cover the loan repayment of a investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402396-does-rental-income-cover-the-loan-repayment-of-a-investment-property/#post-4639362 Sun, 09 Jan 2011 04:13:48 +0000 Can i ask what sort of properties do you go for? Do you aim to purchase cashflow positive properties or do you aim to renovate the property to make it cahsflow positive or do you just aim to fix it up and sell it for profit using rent to lessen the amount you have to pay on the loan?

]]> 07b19245b2dc4536822e7c508cfaa5d3 larrytheinvestor replied to the topic Does rental income cover the loan repayment of a investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402396-does-rental-income-cover-the-loan-repayment-of-a-investment-property/#post-4639355 Sat, 08 Jan 2011 10:32:43 +0000 thanks, so there are rental properties that would produce positive cashflow (ie pay for themselves) ??
are they hard to find? Why would the tenant not just take a loan out on the house if the amount of rent will cover the loan???

Sorry about the newbie questions but im new to this.

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