PropertyInvesting.com | lizzy1 | Activity https://www.propertyinvesting.com/members/lizzy1/activity/ Activity feed for lizzy1. Mon, 13 Apr 2026 17:30:38 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 eb3d80e398d9e657644c27d381ed8f40 lizzy1 replied to the topic 11 second rule in the forum General Property https://www.propertyinvesting.com/topic/4368993-11-second-rule-3/#post-4436163 Fri, 24 Oct 2003 22:57:36 +0000 i am just in the process of re reading the book 0 – 130 properties in 3.5 yrs and there was a lot i missed 1st time and i am tagging pages so ican find things quick . this might help you remember
lizzy

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Can you please outline the fundamental principles of this rule. Just the quick evaluation you put onto a property to evaluate viability.…[Read more]

]]> 4097888fb9fb72a7b3c4fd2c66640be6 lizzy1 replied to the topic wrap v's renovate options in the forum General Property https://www.propertyinvesting.com/topic/4368936-wrap-vs-renovate-options/#post-4435635 Fri, 24 Oct 2003 22:49:19 +0000 yes i agree with you i would like to see the 11 sec rule put into action and given some examples as if they just fit the 11 sec rule it seems to be negative gearing!
lizzy

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Hi Lizzy1
looking over your figures you have left out management fees on the rent. I also find that the 11sec rule doesnt always give you a cashflow +ve place. Maybe…

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]]> cca02cb61b85396834dcb146d21398a0 lizzy1 replied to the topic wrap v's renovate options in the forum General Property https://www.propertyinvesting.com/topic/4368936-wrap-vs-renovate-options/#post-4435634 Fri, 24 Oct 2003 22:47:10 +0000 the property sold for 111k, so we missed out!

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Lizzy

From your outgoings mentioned versus rent, there is still a surplus of close to $1000 per year. Even if you borrowed the $11.5K for renovations, I would have thought that the rent would cover it?

If it is a growing area as you say, and the property will cover itself, and grows enough for…

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]]> 2dd9957103f5828d271cf342cdba802e lizzy1 replied to the topic wrap v's renovate options in the forum General Property https://www.propertyinvesting.com/topic/4368936-wrap-vs-renovate-options/#post-4435631 Thu, 23 Oct 2003 23:32:59 +0000 hi mel
how i worked out the figures was
purchase price 90k
deposit 10% 9k
closing costs 3,550k
initial cash needed
12,550
our loan 81k
p & i loan
25 yrs at 6.5%
weekly repayment $126.14
annual cashflow out would be
loan 6,559.28c
rates 1,200
insurance 200
repairs budget 468
total cash out $8427.28

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total cashflow…

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]]> 9786320c55d75029f7592b71d22e780c lizzy1 replied to the topic wrap v's renovate options in the forum General Property https://www.propertyinvesting.com/topic/4368936-wrap-vs-renovate-options/#post-4435630 Thu, 23 Oct 2003 23:32:51 +0000 hi mel
how i worked out the figures was
purchase price 90k
deposit 10% 9k
closing costs 3,550k
initial cash needed
12,550
our loan 81k
p & i loan
25 yrs at 6.5%
weekly repayment $126.14
annual cashflow out would be
loan 6,559.28c
rates 1,200
insurance 200
repairs budget 468
total cash out $8427.28

quote:
total cashflow…

[Read more]

]]> b19c005aa2a0352118871086a92682d8 lizzy1 replied to the topic guidance sought in the forum General Property https://www.propertyinvesting.com/topic/4368925-guidance-sought/#post-4435318 Wed, 22 Oct 2003 03:44:39 +0000 hi di,
this sounds good to me 2. have you checked out all costs of doing it up and rental in the area.
i have heard that it is better to buy the worst house in the best street for capital growth, maybe a wrap is also an option but it sounds good though

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