PropertyInvesting.com | Magnet | Activity https://www.propertyinvesting.com/members/magnet/activity/ Activity feed for Magnet. Wed, 15 Apr 2026 02:33:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 0ca032f1c0a6a2f0ccd462e7527ef502 Magnet replied to the topic Using Equity for Deposit on New Property. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4401483-using-equity-for-deposit-on-new-property/#post-4633927 Wed, 13 Oct 2010 01:00:50 +0000 Hi Hugh,Terryw has got it right on the money. Another way to think about it is "What is the purpose of the money I'm borrowing". If you were borrowing money to invest, then the interest would be tax deductible. However, you are borrowing money for PPoR so it's not tax deductible. Hope that helps.Cheers,Magnet

]]> 4c3408e5a859181c7e28e01d2279ef40 Magnet replied to the topic Keep Investment or Sell to buy family home?? Please help!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4401404-keep-investment-or-sell-to-buy-family-home-please-help/#post-4633484 Thu, 07 Oct 2010 04:33:29 +0000 Hi Shel,It all comes down to numbers and your personal preference. There are 3 options from what I can see1. Keep your investment property – refinance to tap into the equity and buy your own home. All depends on whether you can afford to do that. Do the numbers. 2. Rent in Brisbane and keep your investment property – especially if you believe you…[Read more]

]]> 1d75f1dd1c51ccd42d928bbd106ab0db Magnet replied to the topic Has anyone bought an IP without inspected it in person?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4401091-has-anyone-bought-an-ip-without-inspected-it-in-person/#post-4631204 Fri, 03 Sep 2010 05:40:58 +0000 Hi, I often buy properties site unseen. And sometimes that has worked, sometimes it hasn't. What I would recommend is as per what TerryW said, try and get someone who you know to drive around and check out the property. We were recently looking at buying one and all the reports looked good. Except when we had a friend go check it out, we found out…[Read more]

]]> 429c98827fd0a89a3fd05edcb654c151 Magnet replied to the topic Who Needs a Property Manager Anyway??? in the forum General Property https://www.propertyinvesting.com/topic/4378090-who-needs-a-property-manager-anyway/#post-4502702 Wed, 02 Feb 2005 13:16:42 +0000 Hello

Perhaps my personal experience might assist – I started seriously investing in positive cashflow property about 14 months ago and I have completed 12 deals in that time. They have either been Lease Options and Wraps and the biggest (possibly the most painful) learning experience was dealing with the tenants of the Lease Option properties. I…[Read more]

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