PropertyInvesting.com | lukis p | Activity https://www.propertyinvesting.com/members/lukis-p/activity/ Activity feed for lukis p. Tue, 14 Apr 2026 21:21:44 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ca86ae57a07d083610af0e1de3d27afd lukis p replied to the topic Building and selling duplexes in the forum I have never built a duplex https://www.propertyinvesting.com/topic/4390786-building-and-selling-duplexes/#post-4574126 Fri, 28 Sep 2007 02:04:50 +0000 I have never built a duplex pair. but I own a pair on the the 1 title, you should be able to get them strata titled and be able to sell them on seperate titles. This is our plan if we decide to sell, there are some regulation on fire resistant walls or something between them. the flip side ios if they are on seperate titles then you will have to…[Read more]

]]> 459174292854f22fe80cefc997d51d7c lukis p replied to the topic 2nd Investment house? in the forum Creative Investing https://www.propertyinvesting.com/topic/4390806-2nd-investment-house/#post-4574204 Fri, 28 Sep 2007 01:53:44 +0000 I think the balance is somewhere in between. We have 7 IP's (built up overthe last 11 years), and most of them are P+I (principal and interest) loans. By paying out fully each property and then buying another paying it off and so on means that as the property values go up everywhere you have a bigger mortgage each time you buy in. if you buy a…[Read more]

]]> 70f986b15af10c32a1b14b5d93de1f0a lukis p replied to the topic subject to clauses? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390215-subject-to-clauses-3/#post-4570761 Wed, 18 Jul 2007 22:29:39 +0000 thanks the NT has a body corporate statement clause that i have asked for as well but i did not know about full statment… the agent did recomend going the settlement agent and pay the fee (he thought about $60)… he did say that the "owner could provide a copy of the minutes from the last agm, but there was no guarentee that pages could have…[Read more]

]]> 40eda4751fd365215ba9fbba6b990f5d lukis p replied to the topic unlocking equity to buy ppor? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386781-unlocking-equity-to-buy-ppor/#post-4554529 Mon, 18 Sep 2006 10:06:30 +0000 Thanks for the advice,

I really do not want to sell, but if i sell it to a trust controlled by me I will unlock the equity ( cash in my pocket) and still own the property through the trust with the negitive gearing on the total amount in this case say 450k debt.
The property is in Scarborough and is the jewel in my portfolio, with great cap…[Read more]

]]> 26e7f0ca7ea34012fd8299202553d78d lukis p replied to the topic Perth Property Prices To Continue Rising in the forum General Property https://www.propertyinvesting.com/topic/4384526-perth-property-prices-to-continue-rising/#post-4542657 Thu, 09 Mar 2006 03:08:54 +0000 just heard that perth has moved up above brissy on median price now 3 rd on list brhind syd and melb.[thumbsupanim]

]]> 6f82763808819f97665a286710ce6f95 lukis p replied to the topic Old Format in the forum No Subject https://www.propertyinvesting.com/topic/4384136-old-format/#post-4540390 Sat, 04 Mar 2006 04:12:59 +0000 old format was better, i liked generic topics like “general”. i think it is toooooo focussed towards your buisness, with the first 3 topics locked out to the genral public. [xx(].

]]> 02d62906d443af94886068b5581c80fd lukis p replied to the topic what is thee cost of strata titling? in the forum Value Adding https://www.propertyinvesting.com/topic/4384541-what-is-thee-cost-of-strata-titling/#post-4542728 Sat, 04 Mar 2006 03:52:27 +0000 that is helpful brucemarg. I will look into it, I have thouhgt some more on it and will probably only strata title before selling.
on the other hand …A good way to create some equity I spose.[gossip]. will have to think some more on this 1.

]]> 5a719f113c972da35722f9b0aadbd5b4 lukis p replied to the topic debt vs equity in the forum No Subject https://www.propertyinvesting.com/topic/4384533-debt-vs-equity/#post-4542699 Thu, 02 Mar 2006 03:53:51 +0000 I think you need to look at your circumstances and see what level of debt you feel comfortable with.

For me i like lots of gearing. I am 29 and guess if my property portfolio dramatically dived in value and i lost it all… well i am young enough to start again.[agro2]…. but i look at as a low risk strategey and so far it has paid off really…[Read more]

]]> f8422a96b6618ec9bcb7952e77323f57 lukis p replied to the topic Hedland in the forum Help Needed! https://www.propertyinvesting.com/topic/4379044-hedland/#post-4508486 Mon, 07 Mar 2005 09:52:23 +0000 I live in Karratha 229 km aprox s of hedland. I would be cautious with both port and south hedland due to the fact the bhp iron brickette plant has closed. As far as I am aware there ar4e only a few strong industries there, the port some cattle stations and some mining.

I would be more inclined to suggest purchacing in Karratha as it has a…[Read more]

]]> ac7991e93ccd1ac428d760680f368196 lukis p replied to the topic Capital growth or CF+ in the forum Help Needed! https://www.propertyinvesting.com/topic/4378606-capital-growth-or-cf/#post-4505735 Sat, 12 Feb 2005 10:09:36 +0000 go for CG what is the point in owning property that may be worht the same as what u paid for it in years too come …that is if you can find someone to buy. Everyone seems to believe that by renovating the cheep houses in rural areas they can get great rents or sell and cash in. It sounds like there may be alot of over capitalizing going on and…[Read more]

]]> 9fd69e7c834e82d073767e9f2f101166 lukis p replied to the topic Unmotivated Partner in the forum No Subject https://www.propertyinvesting.com/topic/4377906-unmotivated-partner/page/2/#post-4501559 Sat, 15 Jan 2005 07:37:37 +0000 Hi all,
my girl friend was very cautious on investing (even though she was a property manager). I convinced her that we buy an ip. After 2 years she could see the growth we had made on paper and was more confident with each purchace after we now have 4 ip’s. If your partners are worried about risking your ppor, just ask, what did we pay for this…[Read more]

]]> 132984e9a71b24db22f235e716d45ba8 lukis p replied to the topic Ideas???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378041-ideas-2/#post-4502422 Sat, 15 Jan 2005 06:58:44 +0000 If cash flow is a problem now how will you finance your share of the improvements to the property? it may add to your problem of greater -ve gearing and -ve cash flow…On the other hand if the property is in a blue chip location, it may be a shame to sell and possibly lose out on longer term growth.

Perhaps you could unlock some capital with a…[Read more]

]]> 88257c0990362ef52deda0e589024ec0 lukis p replied to the topic boom bust in the forum General Property https://www.propertyinvesting.com/topic/4377710-boom-bust/page/2/#post-4500350 Thu, 13 Jan 2005 15:32:35 +0000 Aus prop i am with u.
I do not understand the fixation with the short term crystal ball gazing????[argue]. I do not see trading eg(buy and do up sell 1 year later) as investing it is gambling, at least with roulette you can work out the odds.

If you buy and hold and use equity to buy more and hold never sell until perhaps retyrement to clear the…[Read more]

]]> cf8b9c40b9b930889b1fe44685b62868 lukis p replied to the topic 1 mill' in 1yr in the forum General Property https://www.propertyinvesting.com/topic/4378018-1-mill-in-1yr/#post-4502293 Thu, 13 Jan 2005 15:16:47 +0000 I agree, delayed gratification. Not much fun but often nessacary.[xx(]

]]> 5615b18f6085deac81ddab39d43fe09f lukis p replied to the topic boom bust in the forum General Property https://www.propertyinvesting.com/topic/4377710-boom-bust/page/2/#post-4500341 Tue, 11 Jan 2005 17:38:59 +0000 myoung, even if my propeties go sidewards for 3 years i have still made significant gains, i have locked in for 15 ytrs at 7.4 % I am in for the long haul.

Real $ is not made over night. unless at the casino’s. but property willcontinue to give great growth and security. Boom Bust who cares lonfg term growth will continue… everyone needs a…[Read more]

]]> 30c87719a4537ea089a8b733caf935a7 lukis p replied to the topic How much time? in the forum General Property https://www.propertyinvesting.com/topic/4377897-how-much-time/#post-4501490 Tue, 11 Jan 2005 17:22:56 +0000 I have 4 ips and search the web every few weeks and am not really ready to buy anther yet. I will buy mid year and hold for ever. just secured 7.4 % fixed for 15 yrs so am in no hurray to to spenup big

]]> cc497c7576dcc807118ce6eefc70476a lukis p replied to the topic Questions for first timer in the forum General Property https://www.propertyinvesting.com/topic/4377836-questions-for-first-timer/#post-4501127 Sun, 09 Jan 2005 06:37:03 +0000 HMMM i wonder what type of tennant would be attracted at such cheep rent. And i would also think to myself why are they not buying at the cheep prices? could it be they are a credit risk for the banks?

Or are they casual or seasonal workers who will follow work around the state or country? I would speak to the real estate agents and look at the…[Read more]

]]> 6e2b98453ab6230ad9223a9b83c35625 lukis p replied to the topic boom bust in the forum General Property https://www.propertyinvesting.com/topic/4377710-boom-bust/#post-4500336 Sun, 09 Jan 2005 05:48:30 +0000 I have not read any of steves books, but have read kyosaki and jan sommer to mention a few. It seems that there are alot of speculators in the forums, people are talking about rate rises, propety prices diving ect… Am i the only person who does not care about 1 or 2 or 3 years down the track. Am I 1 of the few long term investors who looks to…[Read more]

]]> de4f6e3e449ccaf1c76856879eabdb69 lukis p replied to the topic Life's bitter lessons in the forum General Property https://www.propertyinvesting.com/topic/4377842-lifes-bitter-lessons/#post-4501168 Sun, 09 Jan 2005 05:30:41 +0000 any mistake you learn from is an expeirience worth paying for it will stop it from happening again. Well maybe not that true look at people and credit cards????

]]> a1f4d91b6127fb2accced50f73c686fc lukis p replied to the topic 16k what to do ? in the forum General Property https://www.propertyinvesting.com/topic/4377302-16k-what-to-do/#post-4497372 Mon, 03 Jan 2005 04:30:37 +0000 y not go for something older cheeper that will standout with advertising a hx 2 door monaro can be picked up for around 8 grand, plus will stand out with sign writing, even a torana or other aussie clasic icon will get attention to your dads company logo. Whatever you decide make sure you buy the property. Property is the fastest and safest way…[Read more]

]]> 460b77d0973c04b1d4204a726dfb9474 lukis p replied to the topic cheap building ideas (kithomes barns etc) in the forum Value Adding https://www.propertyinvesting.com/topic/4377078-cheap-building-ideas-kithomes-barns-etc/#post-4496094 Sat, 25 Dec 2004 02:41:03 +0000 hi thankyou all for all your advice. Yes mum relocated a house to a block she sold a year ago. NZ is very mountaious where she lives and it it can be a huge job getting houses up and down mountains even in peices. I think she will sit on the block and wait for the area to be built up a bit more. I spose no point in building a 1 storey if neibours…[Read more]

]]> 57450eba6406cc37a2e45d42ec5d24b0 lukis p replied to the topic Chicken and Egg Issue.. in the forum Value Adding https://www.propertyinvesting.com/topic/4377030-chicken-and-egg-issue/#post-4495785 Sun, 21 Nov 2004 08:37:46 +0000 why not build 1 unit to completion and use it as the “display Unit” people will probably be mor ecomfortable parting with the cash if they can see somthing tangiable.

]]> 6052b3e98eba812f6856e0e357d615fd lukis p replied to the topic Creative ways to make money... in the forum Creative Investing https://www.propertyinvesting.com/topic/4376174-creative-ways-to-make-money/page/4/#post-4490931 Sun, 21 Nov 2004 08:32:25 +0000 ohh i forgot to add commonwealth has 15 yr fixed at 7.96 % for anyone highly geared and wanting future security in rates.
I am thinking about doing this even though few people think it is the right decision…but it will enable me to untangle the loans and have them only financed by the 1 property. currently each is secured by eachother.
A good…[Read more]

]]> 351c5e0f93212c5f779818bd97b42143 lukis p replied to the topic Creative ways to make money... in the forum No Subject https://www.propertyinvesting.com/topic/4376174-creative-ways-to-make-money/page/4/#post-4490930 Sun, 21 Nov 2004 08:25:40 +0000 here is a good way to “make” money…get a job in a regional centre and your employer will often pay for your accomodation or give you subsidised rent. I work for a shire and my 3×1 costs $99 sallary sacrificed. Rents for a simular place here would be $350+ (karratha WA) even some govt jobs provide housing like teachers etc…

]]> f57143df94d6dd25f794e5d8c2045f73 lukis p replied to the topic Books to read in the forum Help Needed! https://www.propertyinvesting.com/topic/4377063-books-to-read-2/#post-4496033 Sun, 21 Nov 2004 08:01:05 +0000 jan sommers books are great and easy to read eventhough they are a little dated, but full of wizdom and good ideas. most librarys have her books i thouroughly recomend “story by story” (100 short true property investment tales) fantastic to read before bed. Each story is about a few pages long.
Owning ip’s gives a feeling of pride accompishment…[Read more]

]]> 357041136cb8b11992e5cd2ee2d14ee2 lukis p replied to the topic positive cashflow opportunities in WA in the forum General Property https://www.propertyinvesting.com/topic/4375407-positive-cashflow-opportunities-in-wa/page/2/#post-4485948 Sun, 21 Nov 2004 07:52:01 +0000 I live in Karratha 225 km south of port hedland and i think the property market will continue to be strong here due to the diverse infrastructure and port facilities in Dampier. Whatch hedland prices drop with the uncertainty of the bhp brickette plant.

]]> 8be4bca342227459b9846d13278df624 lukis p replied to the topic positive cashflow property for sale in the forum General Property https://www.propertyinvesting.com/topic/4377051-positive-cashflow-property-for-sale/#post-4495943 Sat, 20 Nov 2004 09:31:34 +0000 nothing is done for free. I am not a member of any investing group and think that the best way is on your own with advice from forum such as this, but remember to take all advice with a pinch of salt. My question is if investing groups had positively geared props that were soo good why sell them to the public??? I would sell to family and friends…[Read more]

]]> 620b091cd2a8a333edd6cc7147eb20f8 lukis p replied to the topic Suburb to get into in Perth in the forum General Property https://www.propertyinvesting.com/topic/4376969-suburb-to-get-into-in-perth/#post-4495404 Sat, 20 Nov 2004 08:52:34 +0000 zen i have a ip in craigie i paid 135k 3 yrs ago for a 4×1, i have rented it out for 180 pw and got bad tenants both times, 10k worth of damage and insurance not paying out…anyway thats another story… craigie is so close to joondalup (straight down eddystone ave now les then 7 mins), not only beach ,transport + shops etc. Fantastic growth, i…[Read more]

]]> d84e993e6dab91e39521e425ed13fc7d lukis p replied to the topic News Report-slump in 2006 in the forum Help Needed! https://www.propertyinvesting.com/topic/4377048-news-report-slump-in-2006/#post-4495919 Fri, 19 Nov 2004 04:16:11 +0000 I think that the easten states markets will continue to fall and stagnate for a few years, share markets will be the big winner for the next 3-4 years it so cyclical. I still recon there is still value in sa and wa ip’s and they should continue to grow in value. If interest rates go up so dose the competition for rental property, first home…[Read more]

]]> 3405c43aff56a48c59b66b08fde53102 lukis p replied to the topic Suburb to get into in Perth in the forum General Property https://www.propertyinvesting.com/topic/4376969-suburb-to-get-into-in-perth/#post-4495393 Sat, 13 Nov 2004 05:07:32 +0000 Do your research buy in a suburb that is surrounded by presteigous suburbs, ie scarb (7 years ago a dole bludgers paridise cheep rent and surf) surrounded by city bch+trigg. I have had super growth out of my 3x1villa for 126K ip 7 yrs ago. Now places like craigie,and balga and clarkson once had a bad name but will continue to produce good growth…[Read more]

]]> 59d2a992504ee59f240343875491304f lukis p replied to the topic Tenant Selection in the forum General Property https://www.propertyinvesting.com/topic/4376041-tenant-selection/#post-4489982 Mon, 08 Nov 2004 07:53:43 +0000 pet bonds are the way to go it can cover any damage to plants lawns etc. It is also a good way to retain and atract tennants. We have 4 ip’s and ask the perspctive tennant to provide pet referee’s from friends and preferably from past landlord(s). It may sound funny but people understand and seem to like the fact that you are treating their animal…[Read more]

]]> 31c7dd9199ce6df7c43e59dc7ff9ab8d lukis p replied to the topic Getting started ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4376756-getting-started-19/#post-4494337 Sun, 31 Oct 2004 10:30:06 +0000 I think reds comment was hard. You need to do your research,find out how much you can borrow, then search properties on the net and at agents windows and look for a nest egg, as the egg grows in value use the equity and borrow borrow borrow. make sure you do your figures and do not take realestate agents expected rent return as gospel. Good luck…[Read more]

]]> 1a51abf08e019098a48ee4cb42453b4e lukis p replied to the topic investing in flipping burgers? in the forum Opinionated! https://www.propertyinvesting.com/topic/4376748-investing-in-flipping-burgers/#post-4494301 Sun, 31 Oct 2004 10:15:45 +0000 Yes business can be a good money earner. Property allows peace of mind and a “passive” income stream. It has been the vehicle of wealth to the masses, it has histoy positive growth. And at the end of the day if we ever see another resession people will eat out less but they will always need a home. I would imagine that the rent in a great location…[Read more]

]]> 4fca5a84836693e62da03cf4e110af68 lukis p replied to the topic How RICH ! Do You Want To Become ? in the forum No Subject https://www.propertyinvesting.com/topic/4376244-how-rich-do-you-want-to-become/page/4/#post-4491424 Wed, 27 Oct 2004 10:04:07 +0000 hi
i want to

]]> 52a8750b351fa6a4ede28e4afed0e3f0 lukis p replied to the topic What Insurance do I need on a rental property in the forum General Property https://www.propertyinvesting.com/topic/4376617-what-insurance-do-i-need-on-a-rental-property/#post-4493762 Wed, 27 Oct 2004 08:35:30 +0000 My partner was a property manager for numerous years, terri schere insurance was great with most of the claims being paid out.
We have 4 ip’s and are dissapointed with the lack of customer service from a more well known company (E_ _) we have tried to change our postal adress 3 times with them but they continue to send the renual to the…[Read more]

]]> 6d57ca48e181b908791a601640dc3558 lukis p replied to the topic A Head-Lease - Having trouble finding info on this in the forum No Subject https://www.propertyinvesting.com/topic/4376521-a-head-lease-having-trouble-finding-info-on-this/#post-4493257 Sun, 17 Oct 2004 07:57:45 +0000 hi
I live in a country town and all our government workers get housing supplied by Geha govt employee housin authority maybe google it.
good luck
luke[cap]

]]> 15d037559646fd4e1704332cbb679f18 lukis p replied to the topic WONDER SHOULD I SELL MY HOME. in the forum No Subject https://www.propertyinvesting.com/topic/4376527-wonder-should-i-sell-my-home/#post-4493293 Sun, 17 Oct 2004 07:43:43 +0000 It may be an idea to see if you could get enough equity to keep your existing as an investment property get the capital growth on both properties if you can manage them both with the help of tennants rent.[blink]. just an idea
luke
also it will save you the selling costs so you will be up for the purchase cost(stamp duty capital gains tax etc)…[Read more]

]]> d7cb4c28a0b4466291be33a20f943ab8 lukis p replied to the topic Positive geared properties in Perth. in the forum Help Needed! https://www.propertyinvesting.com/topic/4376507-positive-geared-properties-in-perth/#post-4493089 Sun, 17 Oct 2004 07:36:14 +0000 [blink]
look at mining towns I live in karratha and a 3×1 rents for 350-450+ for a duplex half!!!! mining towns with lager populations should be good earners. big wages= big rents.
hope this works as it is my first post.

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