PropertyInvesting.com | m.pulley | Activity https://www.propertyinvesting.com/members/m.pulley/activity/ Activity feed for m.pulley. Sun, 12 Apr 2026 11:53:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a376e75c8f1a47121ba593908fded2b8 m.pulley replied to the topic Bank valuation too low. What do I do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391244-bank-valuation-too-low-what-do-i-do/#post-4576286 Thu, 25 Oct 2007 04:17:03 +0000 Why don't you tell the sellers the bank has valued the place at 180,000 and see if they will drop the price as the bank will not finance it for 200,000. Otherwise you are backwards from the start.

]]> 293eabd5ce94bb1c98b1c15b8b7ea9b2 m.pulley replied to the topic any one know how to work out sqm on a land???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391131-any-one-know-how-to-work-out-sqm-on-a-land/#post-4575774 Mon, 15 Oct 2007 02:53:28 +0000 To work this out properly you really need the length of one of the diagonals.Cheers

]]> 5bb78b9ddd69615802cfa9981ec2cc5b m.pulley replied to the topic Capital Gains Tax timeline in the forum Finance https://www.propertyinvesting.com/topic/4391092-capital-gains-tax-timeline/#post-4575605 Fri, 12 Oct 2007 02:17:40 +0000 Barney,I was advised the start date for CGT is the date of the signed offer and acceptance.So if you have an accepted offer on a pre release block of land and it doesn't settle for twelve months, the 50% CGT discount applies if you sell it strait away after settlement.As far as building is concerned, I don't think it matters. It goes on the date…[Read more]

]]> 3fb2de45899b2798262f01619e839b36 m.pulley replied to the topic A taxing question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4390442-a-taxing-question/#post-4571966 Fri, 12 Oct 2007 02:07:17 +0000 Barney,What an incredibly selfish Idea.Having all that money and not willing to pay any tax what so ever..I suggest that if you go down that path, the end of your life will be miserable.Imagine being on your deathbed and looking back on all you contributed to society or others and seeing nothing but the burden left behind.I am not a socialist, but…[Read more]

]]> b3de9b8a45db38a17c31aaa9f896c4da m.pulley replied to the topic Cancelling Cash Offer Development Purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4391103-cancelling-cash-offer-development-purchase/#post-4575645 Thu, 11 Oct 2007 23:54:03 +0000 Relax a little,you still have over a year before settlement,You could arrange to have townhouses pre-sold off the plan on the block.Hold on till close to the end and then find a buyer.Find a partner for the project. Is there a clause for early completion?Most of all relax you still have plenty of time to sort something out, but don't leave it t…[Read more]

]]> b69727252fa6e080d926261847e1302b m.pulley replied to the topic large deposit no titles in the forum General Property https://www.propertyinvesting.com/topic/4391071-large-deposit-no-titles/#post-4575536 Thu, 11 Oct 2007 23:44:38 +0000 Hi Shirls,My wife and I near Muchea ATM. Muchaea is a nice spot and not that far from Midland either.It has been in the news a while back that a satellite city id planned for Two Rocks.Good luck with your block.Regards,Mark.

]]> c0968dab52340fff182be120a33071ff m.pulley replied to the topic House Land package in the forum Help Needed! https://www.propertyinvesting.com/topic/4391110-house-land-package/#post-4575665 Thu, 11 Oct 2007 23:37:03 +0000 So long as you have a fixed price contract with the builder, all the details will be locked down and any extras will be charged for accordingly.The best way to do the deal is with a cost plus type of arrangement. this way if they make changes, you simply put it to the builder, he charges you and you get an agreed mark-up on these costs for…[Read more]

]]> 89cd927a8b37235c1fc18ef4c0693b01 m.pulley replied to the topic Purchasing wholesale land in the forum General Property https://www.propertyinvesting.com/topic/4391108-purchasing-wholesale-land/#post-4575661 Thu, 11 Oct 2007 23:28:17 +0000 G'day,New land releases often have a long settlement. Two years is not really too long but 50K deposit is a lot to ask!!!! 1/3rd deposit?? If you are going to borrow to buy this land and have the land as the collateral, I doubt if the bank will lend the money without the titles which will come 3 months prior to completion.In this type of…[Read more]

]]> 55b0ee5ede16713aac06cc4737adba74 m.pulley replied to the topic Dulux one coat in the forum General Property https://www.propertyinvesting.com/topic/4391078-dulux-one-coat/#post-4575560 Thu, 11 Oct 2007 05:57:31 +0000 One coat is more expensive because it contains more pigment. The pigment is what covers the old colour so the more pigment you get in your paint the less paint you need per square meter to do the same job.

]]> cacb68bf863bd85db1a4c0a4ab41c702 m.pulley replied to the topic Selling house to real estate agent in the forum Help Needed! https://www.propertyinvesting.com/topic/4391097-selling-house-to-real-estate-agent/#post-4575622 Thu, 11 Oct 2007 04:35:42 +0000 Take it off the market for a couple of weeks then relist it yourself in the paper.Often people pass over properties that have been advertised for too long.It also becomes a hard sale for the REA so they tend not to try too hard after that. It is after all still advertising their business so long as it has a sign out the front.

]]> 6cd0f3d74a12492fa2820f880b44483e m.pulley replied to the topic Selling house to real estate agent in the forum Help Needed! https://www.propertyinvesting.com/topic/4391097-selling-house-to-real-estate-agent/#post-4575620 Thu, 11 Oct 2007 04:21:11 +0000 I would suggest if the real estate agent is interested in buying the place it must be under priced.

]]> 8646b09feb64893a2a82ff32d957db1a m.pulley replied to the topic Peak Oil in the forum Opinionated! https://www.propertyinvesting.com/topic/4390887-peak-oil/#post-4574578 Thu, 11 Oct 2007 04:04:06 +0000 Perhaps with the increased oil prices councils will be forced to allow more subdivisions closer to the city.Developers paradise.Just a thought.

]]> c575bd2ed7a87afd97d6ee449d97f473 m.pulley replied to the topic Claiming interest on refinancing in the forum Finance https://www.propertyinvesting.com/topic/4391041-claiming-interest-on-refinancing/#post-4575403 Wed, 10 Oct 2007 23:36:24 +0000 Scottybe,Sorry if I offended you. I wasn't trying to imply you would even consider ripping off the taxman. This just looked like a really good place to post this as lots of people who would consider it would be reading just due to the nature of the subject.All the best.Mark

]]> 8bca8270b395f556eb3b1f7db3cb6430 m.pulley replied to the topic Current feelings on Perth? in the forum Mobbott, Just a couple of https://www.propertyinvesting.com/topic/4391096-current-feelings-on-perth/#post-4575617 Wed, 10 Oct 2007 23:29:55 +0000 Mobbott,Just a couple of things 1) Woodside 20 Billion dollar expansion green light2) Massive Olympic Dam upgrade.House price growth has slowed recently but still increasing. Land is very scarce ATM but there are some new developments being proposed by the govt to try and address this.I would suggest that if you can afford to do it, get in now and…[Read more]

]]> 81600191c9b56685a32424b48e6628f0 m.pulley replied to the topic sick of greedy plumbers & electricians in the forum jfiori,How many major https://www.propertyinvesting.com/topic/4390704-sick-of-greedy-plumbers-electricians/page/8/#post-4573647 Wed, 10 Oct 2007 07:50:03 +0000 jfiori,How many major renovations have yuo done?I seriously hope it's more than the one you are claiming before saying you are qualified to make such bold assertions.No I am not a tradie, but I do know quite a number of excellent tradies.One of them doesn't even bother to quote if when he is played off against other tradesmen.Just remember 1 hour…[Read more]

]]> 09bcfccbb6821576cd8314caf74658cd m.pulley replied to the topic Claiming interest on refinancing in the forum Finance https://www.propertyinvesting.com/topic/4391041-claiming-interest-on-refinancing/#post-4575399 Wed, 10 Oct 2007 07:28:27 +0000 Just remember, when you are cheating the taxman, it is not just the tax man you are cheating….It's those dirty stinking bludgers on the dole who don't want to work,The poor innocent parras and quads, The grannies and grandpa's who have spent their life working for the betterment of Australia…And our absolutely ridiculous politicians who go on…[Read more]

]]> 8ff99f2c13d869749f34642e12dff10f m.pulley replied to the topic large deposit no titles in the forum General Property https://www.propertyinvesting.com/topic/4391071-large-deposit-no-titles/#post-4575534 Wed, 10 Oct 2007 07:18:20 +0000 Hi Shirls,Yes this is a large deposit. My wife and I did a similar thing towards the end of 2005. The deposit was smaller 5000 but the block didn't settle until may this year.The value of the block went through the roof in the mean time. so we made all of the capital gain without paying anything except the 5000 initial deposit.10,000 is still much…[Read more]

]]> 0261eb61277a02e8fcc59cd3c3f8fd2d m.pulley replied to the topic Is "no mould" silicone a fallacy?? in the forum General Property https://www.propertyinvesting.com/topic/4391082-is-no-mould-silicone-a-fallacy/#post-4575577 Wed, 10 Oct 2007 02:09:28 +0000 You must kill the mould first! before you re apply the silicone.You do this with oil of cloves!Then the arrea must be totally dry before you apply the silicone (though I am surre you new this anyway). Best not to use the shower for a couple of days before you re silicone the gaps or dry with a hair dryer a couple of times for a day.Hope this works…[Read more]

]]> 0447c949812a995a15c1f1688c06dda7 m.pulley replied to the topic 2 titles?? what does this mean. in the forum General Property https://www.propertyinvesting.com/topic/4391002-2-titles-what-does-this-mean/#post-4575172 Tue, 02 Oct 2007 04:45:22 +0000 Sure,Ask the council.Mark

]]> a2dbf8d123eeb9c4da5c0de0c70c567f m.pulley replied to the topic 2 titles?? what does this mean. in the forum General Property https://www.propertyinvesting.com/topic/4391002-2-titles-what-does-this-mean/#post-4575169 Mon, 01 Oct 2007 23:09:11 +0000 This means you are buying two blocks of land.If the house (I presume there is a house) is on one of the titles and the other block is clear, this is a benefit as there are no subdivision costs. Also a benefit if the existing house is to be demolished. If there is no house or any of the other cases mentioned, a benefit exists if the price is lower…[Read more]

]]> 688643e89240f3177392e4c632e10134 m.pulley replied to the topic sick of greedy plumbers & electricians in the forum General Property https://www.propertyinvesting.com/topic/4390704-sick-of-greedy-plumbers-electricians/page/6/#post-4573600 Thu, 27 Sep 2007 05:02:40 +0000 The trouble with school and uni is they both teach every one the same thing for each subject.There is very little scope for thinking outside the square. This would make it too hard to mark assignments and exams. The most important thing we can teach our children is how to think and asses the information they are presented with. Tradies, Plumbers…[Read more]

]]> 2e4c8f3c34540d907c66860f65e20965 m.pulley replied to the topic Maths qu for any geeks out there.... in the forum General Property https://www.propertyinvesting.com/topic/4390899-maths-qu-for-any-geeks-out-there/#post-4574628 Mon, 24 Sep 2007 00:37:14 +0000 Misty,.723 is the radius squared!It has been converted from mm to metres.ie. it is 0.85 squared.Hope this is not too late.

]]> 224073d3b150246f3b7db66df2dc053d m.pulley replied to the topic WealthScore.... How Did You Go? in the forum I think the wealth score https://www.propertyinvesting.com/topic/4390643-wealthscore-how-did-you-go/page/4/#post-4573150 Mon, 17 Sep 2007 04:48:42 +0000 I think the wealth score assesment page needs changing.It even says well done when your score is -1480.It should say OOOOPS! but if I change my PPOR to investment then I geuss things would be different.Yep just as I thought,score is now 904..Whew.

]]> ec46a3dfa932597326269781be2527f9 m.pulley replied to the topic Construction loan delays in the forum Finance https://www.propertyinvesting.com/topic/4390331-construction-loan-delays/#post-4571328 Thu, 13 Sep 2007 00:26:07 +0000 V8Ghia,It is a RAMS francise. The person I am dealing with is the owner of the franchised store. I have no intention of tryind to run the guy down as he may be telling me the truth but the longer it goes on the harder this is to believe, even though I like to give everybody the benefit of the doubt.I have since been in contact again with RAMS head…[Read more]

]]> b95fc8a51d152b6e36b002b649769b49 m.pulley replied to the topic Construction loan delays in the forum Finance https://www.propertyinvesting.com/topic/4390331-construction-loan-delays/#post-4571326 Tue, 11 Sep 2007 04:03:39 +0000 Since my last post on this thread, Progress has come crashing down.Earthworks has started but docs for release of funds have not come from RAMS. I called RAMS to find out what was holding things up as my builder ws getting a bit anxious. They informed me no loan increase had been applied for. Called broker to find out what ws going on. He said he…[Read more]

]]> a391fe67da34294cebbbee1c4ca4d34b m.pulley replied to the topic IS the R.E.S.U.L.T.S program REALLY worth it? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390459-is-the-r-e-s-u-l-t-s-program-really-worth-it/#post-4572086 Thu, 30 Aug 2007 22:55:36 +0000 reeco,how much does a univestity degree cost??How much did your primary and secondary education cost?Twelve months of education costs alot of money.Would you be prepared to spend 5,000 on a car?That is garaunteed to loose money no matter how much work you put in.And you may even borrow money to buy that car.I haven't done the course and I am not…[Read more]

]]> faf949b6500bc9cff5642a75e8727548 m.pulley replied to the topic full-brick properties in the forum General Property https://www.propertyinvesting.com/topic/4390616-full-brick-properties/#post-4572999 Thu, 30 Aug 2007 22:33:07 +0000 G'day AO,Here in the west most houses are of double brick construction.Why?I don't really know.They cost more to build, hold more heat, take longer to cool down but are generally quieter on the inside.Newer double brick houses tend to crack in the early years as the foundations settle but these cracks are not usually a problem.In WA it is easier,…[Read more]

]]> 93aab47196f9a539ca26b0d933aa46e4 m.pulley replied to the topic Construction loan delays in the forum Finance https://www.propertyinvesting.com/topic/4390331-construction-loan-delays/#post-4571321 Mon, 13 Aug 2007 23:19:50 +0000 Thanks all,I have now had approval and am waiting for the mortgage broker to send the docs to my builder.Hopefully the house will be finished by Easter.Thanks again,Mark

]]> 2474f9af834f0ff71be37f1435b783fe m.pulley replied to the topic Which bank? in the forum Finance https://www.propertyinvesting.com/topic/4390075-which-bank-5/#post-4569955 Tue, 03 Jul 2007 05:19:44 +0000 Hi Linda,I am with rams at the moment, We brought a block using one of their brokers and the only problem we had was the mortgage insurer took longer than anticipated. We have now applied for a construction loan using the same broker and RAMS and have had the same problem which has now been blamed on the end of the financial year. Originally (for…[Read more]

]]> 6c6bb5417b0a47fecedf6ce4cc182c0e m.pulley replied to the topic Pitfalls of an apartment purchase in a Golf Course estate condo. in the forum Help Needed! https://www.propertyinvesting.com/topic/4390089-pitfalls-of-an-apartment-purchase-in-a-golf-course-estate-condo/#post-4570032 Tue, 03 Jul 2007 04:54:44 +0000 Hi Kerry,I have a friend who has an appartment as an investment property on a golf course in WA. He has not had any problems with tennants or finding tennants and as he is the owner, it includes membership to the world class golf course.He plays golf every morning in the summer and sees no pitfalls in the property being on the golf course.regards,Mark

]]> c65c76898f4268b5cb7a09cd184d0e28 m.pulley replied to the topic Interest Only loan advise... in the forum Finance https://www.propertyinvesting.com/topic/4389992-interest-only-loan-advise/#post-4569563 Fri, 22 Jun 2007 04:24:39 +0000 Hi Vanessa,Ask your financial advisor if he/she has made as much money as Rob Kiyosaki. Then decide who's advice you would tend to follow in this area.Good luck.Mark

]]> 234bc5e71c01173b5d66bc8a2a3052e7 m.pulley replied to the topic HANS JAKOBI - ANYONE USED HIS STRATEGIES??? in the forum Heads Up! https://www.propertyinvesting.com/topic/4389863-hans-jakobi-anyone-used-his-strategies/#post-4569081 Wed, 20 Jun 2007 23:29:34 +0000 I think you will find that both Steve and Hans both started their investment strategies after a SEMINAR from Rob Kiyosaki.At the end of the day it boils down to putting stategies into place that you gleen from the course.If you are not prepared to act on the stategies then there is no point in spending the money or in other words if you spend the…[Read more]

]]> 468622d3ece7f2e91ed90ead5ee94019 m.pulley replied to the topic Advice for Sister in the forum Help Needed! https://www.propertyinvesting.com/topic/4389958-advice-for-sister/#post-4569455 Tue, 19 Jun 2007 05:18:48 +0000 Hi Linda,I am pretty sure that so long as your sister has some income (ie family payment) she can have her name on the loan and thus they will be eligable for the FHOG. I did this with my wife about 13 years ago and it worked out fine. The best way to find out for sure is to speak to a mortgage broker as they will help as much as they can to get…[Read more]

]]> 58510b0d90820f118f337465da1d58c9 m.pulley replied to the topic 1st property Help! Please! in the forum Help Needed! https://www.propertyinvesting.com/topic/4387148-1st-property-help-please/#post-4556274 Mon, 23 Oct 2006 08:45:20 +0000 Hi Julius,

I am not sure how this works where you are but I have heard of caravan sites in WA will not allow you to rent out the caravans.

All the best.

Mark

]]> 172fc37f3e4f8c69449b3d1df32d927f m.pulley replied to the topic How does a friend make so much on one house? in the forum Creative Investing https://www.propertyinvesting.com/topic/4386550-how-does-a-friend-make-so-much-on-one-house/#post-4553352 Wed, 23 Aug 2006 07:42:00 +0000 My guess is she is embarrased at not realy making money on her investment except for the capital gain and wanted to look like a switched on investment guru. (Who knows, maybe she is) But at the end of the day she probably is making money hand over fist with the CG.

]]> 56592571fae6bb58281e37b9b6f4a0e7 m.pulley replied to the topic Perth BOOM in the forum Help Needed! https://www.propertyinvesting.com/topic/4386548-perth-boom/#post-4553342 Wed, 23 Aug 2006 06:00:41 +0000 Hi queengucci,

Like Carl I work in the mining industry in Perth and what is happening in this industry does not seem like slowing down in the near future. Fortunately it is not only reliant on the local market but there is a lot of engineering being done here for overseas companies. Also the there is a lot of things happening in the oil and gas…[Read more]

]]> f05374a0ba404441155056416bb3ae6c m.pulley replied to the topic Help!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4386310-help-30/#post-4552236 Tue, 01 Aug 2006 00:49:30 +0000 Hi Cafall,

I live in WA and am astounded at how the Perth property prices have caught up to and now surpassed the other capital Cities in Australia. This is due mainly to the current resources boom (Global) and the extreme shortage of labour.

I work in an engineering firm in Perth, and looking at the work currently on the books for major…[Read more]

]]> 6683780a2dd374191ab4d735adcc94ab m.pulley replied to the topic Help!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4386310-help-30/#post-4552235 Tue, 01 Aug 2006 00:48:00 +0000 Hi Cafall,

I live in WA and am astounded at how the Perth property prices have caught up to and now surpassed the other capital Cities in Australia. This is due mainly to the current resources boom (Global) and the extreme shortage of labour.

I work in an engineering firm in Perth, and looking at the work currently on the books for major…[Read more]

]]> 346100a08676ac7c5b239daf46dbc6b6 m.pulley replied to the topic How to make money on selling land with deposit dow in the forum Help Needed! https://www.propertyinvesting.com/topic/4386265-how-to-make-money-on-selling-land-with-deposit-dow/#post-4552076 Mon, 31 Jul 2006 07:04:55 +0000 Yes, but I haven’t sold the property yet and I wouldn’t considder selling it at the moment. Not until all the original blcks have been sold by the agent as I am sure they are worth more than what he is asking.

Originally posted by DanielCummins:
I assume though, that the cost out of your own pocket to finance the loan throughout that settlement…[Read more]

]]> 4c8161a9259b30b09b1994fbd50cff57 m.pulley replied to the topic How to make money on selling land with deposit dow in the forum Help Needed! https://www.propertyinvesting.com/topic/4386265-how-to-make-money-on-selling-land-with-deposit-dow/#post-4552074 Mon, 31 Jul 2006 05:47:30 +0000 Nicolett,
I have a block in oakford WA bought off the plan.

There was a 5,000 deposit and the block was priced at 230,000. The titles were due in July but due to the boom this has been extended to around September. However I can’t see them being ready before December. The final release will be starting at 300,000 so we have made at least 70,000…[Read more]

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