PropertyInvesting.com | lbglen | Activity https://www.propertyinvesting.com/members/lbglen/activity/ Activity feed for lbglen. Mon, 13 Apr 2026 19:23:53 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c5f9a8a59b30bb8142ed82585405b351 lbglen replied to the topic RESULTS MENTORING PROGRAM in the forum General Property https://www.propertyinvesting.com/topic/4398733-results-mentoring-program-2/#post-4616831 Thu, 18 Feb 2010 05:14:09 +0000 In my mind, "as much money as I can get" isn't a goal – as in, it's not the end, just a means to an end. It's the end that should be your goal. I believe as you get into it, you'll flounder and waste time & money because there isn't a focus to your investing. For example, one of our shorter term goals is that by age 33 I would like $30kp.a of…[Read more]

]]> fabf0e6ce16cb7cc4ba0da40d4a07d81 lbglen replied to the topic RESULTS MENTORING PROGRAM in the forum General Property https://www.propertyinvesting.com/topic/4398733-results-mentoring-program-2/#post-4616829 Thu, 18 Feb 2010 04:38:52 +0000 Hi TCL,Yes, we are progressing well towards our life goals. I'm not being rude when I say the following: but your first question to me about how many do I have highlights that some just don't grasp there really are differences in strategy and different strategies drive different goals – it's not about quantity at all. Me telling you how many,…[Read more]

]]> b60ca3e6afcf2bcf87dd454eb027e1c8 lbglen replied to the topic RESULTS MENTORING PROGRAM in the forum We did the RESULTS program https://www.propertyinvesting.com/topic/4398733-results-mentoring-program-2/#post-4616827 Thu, 18 Feb 2010 03:04:43 +0000 We did the RESULTS program over 2008/09. Yes, it's a pricey investment. At the time, we had 1 negatively geared investment property, that we'd bought because it's what you did (ie. no strategy). Having read a number of books & this forum, we were keen to do more – but to be honest really didn't know "how to a deal" or even truly what that meant.…[Read more]

]]> cb59d7a8735a8a3fff460cc143c5a2be lbglen replied to the topic RESULTS MENTORING PROGRAM in the forum General Property https://www.propertyinvesting.com/topic/4398733-results-mentoring-program-2/#post-4616827 Thu, 18 Feb 2010 03:04:43 +0000 We did the RESULTS program over 2008/09. Yes, it's a pricey investment. At the time, we had 1 negatively geared investment property, that we'd bought because it's what you did (ie. no strategy). Having read a number of books & this forum, we were keen to do more – but to be honest really didn't know "how to a deal" or even truley what that meant.…[Read more]

]]> 043607271ffbb6a439eb4c027d2db296 lbglen replied to the topic Any one knows a forum like this for share/option/index traders? in the forum General Property https://www.propertyinvesting.com/topic/4393145-any-one-knows-a-forum-like-this-for-shareoptionindex-traders/#post-4586577 Thu, 08 May 2008 01:31:14 +0000 hotcopper.com.au(not dodgy like the name might suggest)

]]> 1a690480ad741b80eb1257a1f312f5de lbglen replied to the topic Body corporate man ..... dodgy? in the forum General Property https://www.propertyinvesting.com/topic/4393122-body-corporate-man-dodgy/#post-4586460 Wed, 07 May 2008 10:56:03 +0000 Unfortunate timing – my folks have just headed off O/S for 3 months. I can also recommend the Body Corp bunch we use for our property (Brunswick):R&S Body Corporate Services03 9800 1029

]]> 784cf74190009135cd3d39850f10260e lbglen replied to the topic Body corporate man ..... dodgy? in the forum General Property https://www.propertyinvesting.com/topic/4393122-body-corporate-man-dodgy/#post-4586457 Mon, 05 May 2008 12:10:43 +0000 My folks recently had some issues with one of their body corps (Melbourne). From memory, they only had to get 50% sign-on of other owners and was able to have it taken over by someone of their choosing – a professional crowd that they use for other property. If you know of another group that you would like to use, then get in touch with them for…[Read more]

]]> 0ad2d5569467557f475361e6093b0b8d lbglen replied to the topic Dean Parker - Renovation Toolbox in the forum Heads Up! https://www.propertyinvesting.com/topic/4390013-dean-parker-renovation-toolbox/#post-4569645 Thu, 24 Apr 2008 22:17:29 +0000 Does anyone know where I can still buy this toolkit? Or does anyone have one to sell?

]]> b99b727285e5b3f287a2dc31ea1d9275 lbglen replied to the topic Rental Income - what to claim where? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4385314-rental-income-what-to-claim-where/#post-4546626 Wed, 03 May 2006 22:26:55 +0000 Great – thanks Derek. I figured this would be the case, but just wanted to clarify.

Cheers,
LG

]]> c205adb12e8831303cad81264c08a072 lbglen replied to the topic Recording IP Expenses in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383943-recording-ip-expenses/#post-4539511 Wed, 25 Jan 2006 13:09:34 +0000 Thanks for all the great input everyone. (PM’s sent to those who offered an example).

adambc – couldn’t agree more! This forum continues to serve as an excellent resource for investors of all levels.

]]> aaed168ea2bd84541473c7396f61e17a lbglen replied to the topic Dropping property manager in the forum General Property https://www.propertyinvesting.com/topic/4383976-dropping-property-manager/#post-4539660 Wed, 25 Jan 2006 05:11:03 +0000 People and peoples lives change – you can’t assume your tenant will continue to act as they are now. And if you think you know them so well, then it’s definately worth using an agent in order to keep those personal/business boundaries clear.

]]> b20577b20db79c055cf4b2b321f4d771 lbglen replied to the topic <50M2 Rule on Lending in the forum Finance https://www.propertyinvesting.com/topic/4383986-50m2-rule-on-lending/#post-4539702 Wed, 25 Jan 2006 05:02:35 +0000 Also keep in mind that often the size limitations do NOT include balcony/car parking areas – only “living” areas.

Regars,
LG

]]> 3a1a6c5dcfae01c3d2c8a940b101853c lbglen replied to the topic A Hypothetical Question. in the forum General Property https://www.propertyinvesting.com/topic/4383759-a-hypothetical-question/#post-4538468 Wed, 11 Jan 2006 05:07:18 +0000 I’m in – just make my signature so big it takes up the whole page – very difficult to place a contract around that!

]]> 8576d84e5c8792aaf42aaa57ce4bf0c0 lbglen replied to the topic A new year, a new beginning in the forum Forum Frolic https://www.propertyinvesting.com/topic/4383768-a-new-year-a-new-beginning/#post-4538497 Mon, 09 Jan 2006 23:14:27 +0000 Hi Wylie,

In Firefox, simply to to View -> Text Size -> Increase

Do this as many times as you need to get the font to a size you’re happy with.

cheers
LG

]]> 0b21e8ce5279d459dc3a72e0ff3bca44 lbglen replied to the topic Damage in the contract period in the forum Help Needed! https://www.propertyinvesting.com/topic/4383507-damage-in-the-contract-period/#post-4537069 Sun, 18 Dec 2005 23:46:29 +0000 Does the need for insurance upon signing a contract also apply to apartments/units – or only houses?

]]> 49a5a5439b9eb6d2d0bc787fa11863b9 lbglen replied to the topic Albury Property Investors Group Meeting in the forum General Property https://www.propertyinvesting.com/topic/4375139-albury-property-investors-group-meeting/page/2/#post-4483949 Tue, 08 Feb 2005 04:57:15 +0000 Hi nordicskier,

Do you have any more detail on this? ie. a web link? What was their reasoning behind this?

Regards,
Linden Glen

]]> 353988fa919becfe00c3f01e664e28cb lbglen replied to the topic Land Tax Error in the forum Heads Up! https://www.propertyinvesting.com/topic/4378512-land-tax-error/#post-4505283 Tue, 08 Feb 2005 04:45:32 +0000 Just a thought for future versions…. but is it possible to make this table updateable via an internet connection? ie. if an internet connection is available, the software will update the table from a central server with the latest figures… saves everyone having to monitor and maintain.

]]> fe1609d8e89b64ce6b17f75cc55b468f lbglen replied to the topic Albury Property Investors Group Meeting in the forum General Property https://www.propertyinvesting.com/topic/4375139-albury-property-investors-group-meeting/page/2/#post-4483947 Thu, 27 Jan 2005 05:05:38 +0000 Hi All,

Well, as Padma has mentioned above I am organising the next (second) meeting. It will be held on Sunday 27th, February @ 3pm at my place in Wodonga. All are welcome – please send me an email if you are interested and I will send you all the details.

Regards,
Linden Glen

]]> 426e9e938c33911d9357bd5f70ea0217 lbglen replied to the topic Trusts, Lending to trusts etc in the forum Help Needed! https://www.propertyinvesting.com/topic/4378170-trusts-lending-to-trusts-etc/#post-4503276 Sun, 23 Jan 2005 11:51:37 +0000 Hi Ralph,

A few questions regarding teh trust you setup….

What was the total cost (and ongoings if any)?
Did you also setup a company to control the trust? Cost?
Will you have rent paid into the business account? And can you access that money any time via the trust, or only once per year?

And finally…. where did you get “Trust Magic” from…[Read more]

]]> fc24e1a2ab3ba5d675f3e0e3ee6b77bc lbglen replied to the topic Cash FLow Analysis in the forum Heads Up! https://www.propertyinvesting.com/topic/cash-flow-analysis/#post-4502202 Sun, 16 Jan 2005 01:04:29 +0000 Thanks pbatey.

]]> bb5a3d80c8d4ec25f1f26c989c22a6e3 lbglen replied to the topic Cash FLow Analysis in the forum Heads Up! https://www.propertyinvesting.com/topic/cash-flow-analysis/#post-4502200 Fri, 14 Jan 2005 01:23:43 +0000 For those that have it – is this the kind of thing that Steve’s new software package Investment Detective does?

]]> f31fb3e5dbb39c500497cf7d202393f0 lbglen replied to the topic Financial Advisor Needed in the forum No Subject https://www.propertyinvesting.com/topic/4377995-financial-advisor-needed/#post-4502103 Thu, 13 Jan 2005 04:44:38 +0000 Cheers Derek.

That’s kind of what I suspected. Use a Financial Advisor (or seminar in this case) to get some strategies and direction and build on it yourself from there.

Regards,
Linden Glen

]]> d7f47d931ffb067d94f908810a05b9f7 lbglen replied to the topic Financial Advisor Needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4377995-financial-advisor-needed/#post-4502101 Thu, 13 Jan 2005 02:59:32 +0000 Do many people use Financial Advisors as part of their property investment strategies? Are they only useful for starting out?

What exactly do they assist you with? Structure, ways of using funds? How are they different to an accountant?

]]> 68848d97e2069e6f9030bd4de46465f9 lbglen replied to the topic Advise needed for next step in the forum Help Needed! https://www.propertyinvesting.com/topic/4377953-advise-needed-for-next-step/#post-4501891 Wed, 12 Jan 2005 07:27:51 +0000 How will you go about renting out the shed? Is there a high demand for shed/workshop space in the area?

Cheers,
Linden

]]> 2daf30720433a06b7c6b41e3e9955a00 lbglen replied to the topic How do I find a developer in the forum No Subject https://www.propertyinvesting.com/topic/4377797-how-do-i-find-a-developer/#post-4500904 Wed, 12 Jan 2005 07:01:23 +0000 Hi Rob,

I thought there was such a thing as a gift tax….. just something I heard many many years ago.

*thinks of The Taxman by the Beatles…..*
If you try to sit, I’ll tax your seat,
If you get too cold, I’ll tax the heat,
If you take a walk, I’ll tax your feet……

Cheers,
Linden

]]> 020009f4f9f451f1e6c0c12fe248d53e lbglen replied to the topic Body Corporates - What do they cover? in the forum General Property https://www.propertyinvesting.com/topic/4377966-body-corporates-what-do-they-cover/#post-4501980 Wed, 12 Jan 2005 06:38:58 +0000 I did some further research and found this website : http://www.victorialaw.org.au/Commonground/index.htm which provides a great overview of the function and laws around Body Corporates. Specifically applicable to my question is the following :

A body corporate is a legal entity so any action it takes should be based on the Act and Regulations…[Read more]

]]> c6d578bf21fdb82285bcb80fc4539683 lbglen replied to the topic How much savings? in the forum General Property https://www.propertyinvesting.com/topic/4377227-how-much-savings/#post-4496797 Thu, 02 Dec 2004 04:56:01 +0000 Thanks all! I suspected I’d get the “it depends” response, but the extra advice has given me something to think about – which is what I was after.

Cheers,
Linden Glen

]]> 6b0b0256e9b2ccf6fb816b668cf9739b lbglen replied to the topic Set up a Trust? in the forum Help Needed! https://www.propertyinvesting.com/topic/4377107-set-up-a-trust/#post-4496172 Wed, 01 Dec 2004 23:45:06 +0000 Thanks myoung,

Can you make payments from the trust sooner than anually? ie. weekly or monthly?

Regards,
Linden Glen

]]> d24b8ff07b9c94683175f138cc30d4d3 lbglen replied to the topic Set up a Trust? in the forum Help Needed! https://www.propertyinvesting.com/topic/4377107-set-up-a-trust/#post-4496170 Wed, 01 Dec 2004 07:41:20 +0000 Can benefits from a trust be realised if it is only the first investment property?

Also, where does the rent go? Do you setup an account owned by the trust? And do you pay for maintenance, etc. from this account?

Regards,
Linden Glen

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