PropertyInvesting.com | liddelk | Activity https://www.propertyinvesting.com/members/liddelk/activity/ Activity feed for liddelk. Sat, 11 Apr 2026 15:00:02 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4645e255d0d1f0fcf371722319a0cadb liddelk replied to the topic info on projected rent rises.... in the forum General Property https://www.propertyinvesting.com/topic/4372244-info-on-projected-rent-rises/#post-4462621 Tue, 23 Mar 2004 07:32:18 +0000 In my experience rents have generally been decreasing since the late 90’s. Is that finally starting to change? If so, why?

Kim

]]> f5eb3d1cbd5a8c0c04569f70cb68888d liddelk replied to the topic To LOC or Not to LOC in the forum Finance https://www.propertyinvesting.com/topic/4371901-to-loc-or-not-to-loc/#post-4459710 Wed, 10 Mar 2004 07:52:00 +0000 Excuse my ignorance, but what does LOC stand for?

Message to Steve – how about creating a glossary of terms section somewhere on the web site please.

Gotta love all these TLAs…

Kim

]]> 8514200bd8570af280692d2543a9025c liddelk replied to the topic "The Economist" says market to tank! in the forum General Property https://www.propertyinvesting.com/topic/4371794-the-economist-says-market-to-tank/#post-4458930 Sun, 07 Mar 2004 12:41:58 +0000 When I lived in the UK in the bust in the early 90s there was talk of a standard index that reflected average take home earnings and average home prices i.e. average home prices / average take home earnings. The notion was that in previous booms there had always been a bust when this hit around 4.0 and the bust in the market then happened just…[Read more]

]]> 50935d78cbbb7e2b01f3e3082699ade6 liddelk replied to the topic Commonwealth "Platinum Credit Cards" in the forum Finance https://www.propertyinvesting.com/topic/4371733-commonwealth-platinum-credit-cards/#post-4458475 Fri, 05 Mar 2004 09:34:45 +0000 You can get those credit limits on a normal card. Getting a platinum card is about what other benefits you get for the extra fee it costs. Personally I’ve never taken them up because the return on the benefits that I would use just hasn’t been worth it. Its just a basic attempt to get you to pay a higher fee for extra benefits that you’ll probably…[Read more]

]]> 968d33a471e102c28d398d49ad6ccab9 liddelk replied to the topic To Buy or not to buy in the forum Help Needed! https://www.propertyinvesting.com/topic/4371684-to-buy-or-not-to-buy/#post-4458038 Wed, 03 Mar 2004 03:56:56 +0000 Couple of things to consider:

1. Do you have a tenant now? If not what is the vacancy rate in the area & what are you basing you return on. If the property is vacant for a while can you manage the mortgage on your own? If you don’t quite get the rental return you want can you manage a negative cashflow?

2. Have you factored in costs into your…[Read more]

]]> 09ddb7fdb3bd08f528be77e95b8d78fe liddelk replied to the topic To sell or not to sell in the forum Help Needed! https://www.propertyinvesting.com/topic/4371562-to-sell-or-not-to-sell-2/#post-4457065 Tue, 02 Mar 2004 05:38:56 +0000 Hi Helpme,

I sort of agree with a lot of the posts but playing devil’s advocate, why not tough out the current situation for a while. You have your dream home. If you wait a couple of years and reduce your mortgage perhaps you will be able to afford an investment property later. There are significant costs associated with selling and…[Read more]

]]> 3aa14e32ab99941be4cceeb5e1d77399 liddelk replied to the topic ATO Targets Company Structure in the forum General Property https://www.propertyinvesting.com/topic/4371543-ato-targets-company-structure/#post-4456979 Fri, 27 Feb 2004 10:16:32 +0000 Funnily enough I just spoke to my accountant about this yesterday. It also targets computer contract workers which I am about to become.

The ATO uses 4 tests:
1. Results test – are you paid for a result e.g. doing a discreet task and not just turning up to work every day for 6 months

2. Employment test – do you have an employee

3. Unrelated…[Read more]

]]> b52b4dc11ff2962a7fff2403052b3b0e liddelk replied to the topic cash flow property in the uk in the forum No Subject https://www.propertyinvesting.com/topic/4371499-cash-flow-property-in-the-uk/#post-4456203 Thu, 26 Feb 2004 05:59:09 +0000 Well things have changed since I left in 1998 – house prices have doubled and even tripled in some places. But there were some hotspots. Brighton for instance was averaging 12% ROI for rental properties. Dunno if it was cashflow +ve. Cambridge returns were high too. Both are university towns with transient rental populations. Now Cambridge of…[Read more]

]]> a76bc4c936fc8e95e3192c674b6f5367 liddelk replied to the topic Real Estate Licence in the forum General Property https://www.propertyinvesting.com/topic/4371505-real-estate-licence/#post-4456250 Thu, 26 Feb 2004 05:52:29 +0000 One other thing about RE in the states. Commissions there are huge – 6%+. Different ballgame entirely.

]]> 4148229cf190b63d9cf15e14d6121805 liddelk replied to the topic 0-130 properties ... but what about all the admin? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371412-0-130-properties-but-what-about-all-the-admin/#post-4455418 Tue, 24 Feb 2004 03:33:34 +0000 Wow Richard,

You should write a book. 0 to 131 properties in … years [:)]

How long did it take you by the way? Pretty impressive. Good to know someone besides Steve can do it!

Kim

]]> cd5d708f1f441067bde04181b5118abe liddelk replied to the topic Agents submitting offers in the forum General Property https://www.propertyinvesting.com/topic/4371441-agents-submitting-offers/#post-4455612 Tue, 24 Feb 2004 03:02:03 +0000 Go around the agent and present the offer to the vendor directly

]]> 9cf4ef738f81290426078fc070ac3240 liddelk replied to the topic length of loan for oldies ;) in the forum Help Needed! https://www.propertyinvesting.com/topic/4371425-length-of-loan-for-oldies/#post-4455521 Mon, 23 Feb 2004 04:56:56 +0000 Its my understanding that no lender can say no to a mortgage based on the potential mortgagee’s age. They have to find another reason. Thank our political correct times.

i.e. if an 80 year old came in wanting a 30 year mortgage they cannot reject the mortgage based on age.

I’m 47 and have 2 mortgages which will both mature in my 70’s. Bank was…[Read more]

]]> 6794da74f5dafa19a87482e13ad6efa3 liddelk replied to the topic Hot City in NZ in the forum General Property https://www.propertyinvesting.com/topic/4371421-hot-city-in-nz/#post-4455489 Mon, 23 Feb 2004 04:50:40 +0000 Isn’t anyone concerned about currency fluctuations affecting potential income and capital gain? Always a risk when investing overseas especially given the massive changes in value of the AUD in the last 2 years.

Any thoughts?

]]> 4fef72ef06309cedcad29d56170442b7 liddelk replied to the topic The order of getting a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4371334-the-order-of-getting-a-property/#post-4454920 Fri, 20 Feb 2004 07:57:40 +0000 Just one quick comment.

I’ve never needed or used a solicitor. Just hire a settlement agency – its their bread and butter and they know what to do. Solicitors cost too much and they probably get a junior to do it anyway.

]]> f439162e447859f4123d90b7192be487 liddelk replied to the topic How much notice to give tenant in the forum Help Needed! https://www.propertyinvesting.com/topic/4371377-how-much-notice-to-give-tenant/#post-4455249 Fri, 20 Feb 2004 07:48:32 +0000 Well I can’t answer for QLD but in WA, a tenant on a month by month type lease must be given 60 days notice to leave. This also applies if you want them out at the end of say a 12 month lease. You have to remember to give them notice after 10 months.

Now they as tenants are only required to give me 21 days notice.

Pretty sure the law is state by…[Read more]

]]> 256fc72b81f5fdd98bd2006999572a2a liddelk replied to the topic Agent refusing offer in the forum General Property https://www.propertyinvesting.com/topic/4371336-agent-refusing-offer/#post-4454964 Fri, 20 Feb 2004 04:21:18 +0000 Felicity

All I can say is, to hell with the agent. Bypass them and present your offer to the vendor.

Kim

]]> 943a45977a7aa506563b70739ea1bff5 liddelk replied to the topic Here's another "What would you have done?" in the forum General Property https://www.propertyinvesting.com/topic/4370743-heres-another-what-would-you-have-done/page/2/#post-4450564 Thu, 19 Feb 2004 11:26:20 +0000 Elysium

Personally I usually ask the question but never really believe the answer anyway. To me its the first step in the negotiation.

I remember reading a US real estate motivational type book a few years ago. Can’t remember who but it may have been the “no money down” dude. He goes to agents in an area and asks them to let him know when he has…[Read more]

]]> 57134970b92468a5b00bd3786fb538ea liddelk replied to the topic any suggestions? in the forum General Property https://www.propertyinvesting.com/topic/4370932-any-suggestions/#post-4452289 Sat, 14 Feb 2004 10:03:37 +0000 Here’s my 2c…
You don’t mention your income but presumably the $200 shortfall isn’t too onerous. Your 3 pieces of land aren’t earning you anything but it doesn’t look like they are costing you much either. Beware selling them. They aren’t making any more land and land prices are what has fueled a lot of the property boom.

Presumably you have…[Read more]

]]> 96418206def60c2201585542be5baf7e liddelk replied to the topic Interest Rates in the forum Finance https://www.propertyinvesting.com/topic/4371126-interest-rates-8/#post-4453648 Sat, 14 Feb 2004 09:24:55 +0000 Thanks Mel. I just read it. Seems pretty sound unless interest rates go crazy (remember 17% in 1989?). I think that in the current market conditions I’d be tempted to fix all the loans. The other thing to consider is that fixed interest loans usually can’t be had for more than 5 years and who knows what the interest rates will be then! Can always…[Read more]

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