PropertyInvesting.com | LenK | Activity https://www.propertyinvesting.com/members/lenk/activity/ Activity feed for LenK. Sun, 12 Apr 2026 13:00:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 306f6fee17c168bd450dfbf7753c3122 LenK replied to the topic Advice needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4392626-advice-needed-27/#post-4584194 Mon, 17 Mar 2008 12:10:49 +0000 A friend had a lot of difficulty claiming the costs of vacant land. Seems that the ATO has to be convinced it could be a viable primary production business. Better check with a an accountant qualified in this area.Have fun!

]]> 4d69d61e0b7f4b16d4015f16c7dc7a4d LenK replied to the topic Signed subject to building and pest in the forum Help Needed! https://www.propertyinvesting.com/topic/4391926-signed-subject-to-building-and-pest/#post-4580575 Sun, 13 Jan 2008 11:50:43 +0000 James – you are able to walk from the contrace, provided you have done the necessary steps in notifying the agent/vendor of the problems in WRITING. Anything verbal is only worth what the other parties agree to at any time.Once again – get professional advice. And – good luck with the deal. Sounds like a fun one for you.

]]> 5741173e15d69b2851cb42c4bc975b0f LenK replied to the topic Beginner Investor! in the forum Help Needed! https://www.propertyinvesting.com/topic/4391917-beginner-investor/#post-4580523 Sun, 13 Jan 2008 06:33:34 +0000 Rob – the interest only loan strategy is used by investors to increase the funding available.When banks work out what your elegibility is, they look at the LVR (loan to value ratio) and the DSR (debt service ratio). The second uses a calculation that sums yout total commitment in loan payments. As the payments on interest only loans is listed as…[Read more]

]]> 46dd5a034a1069442aa192f8af2949f9 LenK replied to the topic Signed subject to building and pest in the forum Help Needed! https://www.propertyinvesting.com/topic/4391926-signed-subject-to-building-and-pest/#post-4580573 Sun, 13 Jan 2008 06:18:52 +0000 James007 – going by what you have said you probably need to get a professional opinion. The vendor is entitled to up 10% of the purchase price if you terninate a contract without proper cause. While it sounds as if you have the right of it, there is no telling what the legal interpretation would be. I would suggest getting immiediate help.Luke.. Len

]]> c66f60447cd5ccb37b71961709b75e4d LenK replied to the topic Off the Plan purchase...needs to on sell in the forum Lidia - onselling is a https://www.propertyinvesting.com/topic/4390768-off-the-plan-purchase-needs-to-on-sell/#post-4574060 Wed, 12 Sep 2007 14:46:59 +0000 Lidia – onselling is a common part of otp dealings. Easiest for you is to simply contact the agent/organisation that arranged your initial purchase. They will happily act as your agents in this matter. Of course, you are more likely to have some success if all of the otp units in the development have already been sold.The actual process is that…[Read more]

]]> 25473e38cbb71ce924a38ce3670e4547 LenK replied to the topic Bought first IP, but need help on what next! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390128-bought-first-ip-but-need-help-on-what-next/#post-4570310 Sun, 08 Jul 2007 08:12:30 +0000 Good luck with the new IP. Your contract documents should tell you abut the Body Coprorate. It is basically responsible for all common areas as well as the building(s).  That includes all of the maintenancce and nsurance including public liability. You will need to take out your own insuranve for fixtures & fittings (stove, carpet, etc>) as well…[Read more]

]]> dc2533811004313ba8c347f51da86234 LenK replied to the topic What are those baby boomers going to do? in the forum General Property https://www.propertyinvesting.com/topic/4385700-what-are-those-baby-boomers-going-to-do/#post-4548339 Sun, 04 Jun 2006 09:31:43 +0000 As someone sitting near the bleeding edge of this ‘baby-boomer’ phenomenon, perhaps some of them are doing what the remainder of the forum dwellers are doing.

1. Trying to buy back their time with astute investment.
2. have already sold the former family house
3. embarking on a property investment to improve inadequate super
4. not looking…[Read more]

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