https://www.propertyinvesting.com/members/mathewc73/activity/ Activity feed for mathewc73. Sun, 12 Apr 2026 13:54:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ee35d82d599d08f77c8abc95d94747c0 https://www.propertyinvesting.com/topic/4400616-tax-invoice-from-2007/#post-4628352 Wed, 21 Jul 2010 03:17:24 +0000 Chequebook?  What is that!Thanks Ill painfully wipe the cob webs off my 2007 archives and try to locate proof!

]]> 8c49696051b5838e9350c04790ee56ec https://www.propertyinvesting.com/topic/4394240-fear/#post-4592929 Tue, 16 Sep 2008 02:35:26 +0000 Hi Spock,Regarding getting laughed at.  Id dig depper into this as a confident bid is effective.  If you are not comfortable making an offer, does this mean you are not certain your offer is valid? ie do you have stats and data to support the offer you plan to make?By having this type of information, you can make your offer with confidence that i…[Read more]

]]> 2b695852019f2d04d1b021a5c86d3a69 https://www.propertyinvesting.com/topic/4393819-how-would-you-answer-these-questions-from-steve/#post-4590832 Wed, 23 Jul 2008 04:05:44 +0000 1. Hold2. If appears to be a trend, sell, otherwise hold.3. Sell4. Get another job, if not successful, sell.5. Same as scenario 2.  Its all about whether the numbers stack up.

]]> b59402720d4dd153529848c29b0d16e4 https://www.propertyinvesting.com/topic/4393759-cassette-tape-to-ipod/#post-4590431 Wed, 16 Jul 2008 03:35:38 +0000 I apologise if this is a dumb question.  Did you run a cable between your cassette headphone jack to the PC mike jack? If the quality is still bad, I dont think anyone else can do better.  This type of recording should at least be 95% same quality.

]]> 306acb45b6409ee866338d4f54b2fbd0 https://www.propertyinvesting.com/topic/4393704-is-the-great-australian-dream-a-croc/#post-4590136 Thu, 10 Jul 2008 02:00:06 +0000 This forum is a good place to start looking. How about you also find someone 50+ years old who has heard year after year that "property is more expensive than ever before, its harder for the young ones to get in".  I struggle to pitty those who claim its everyone elses fault that they cannot purchase property.  If you really really want s…[Read more]

]]> 176379f31743c52b165a6fb253123bca https://www.propertyinvesting.com/topic/4385803-mortgage-watchdog-software-2/#post-4549971 Wed, 11 Jun 2008 03:18:52 +0000 Fair enough, as stated, it is my opinion.  For me excel was easier and its all I would use again if I wanted to check.

]]> fb4d3fda9d12b55d90c30f93bc1992ce https://www.propertyinvesting.com/topic/4393380-have-i-devised-a-clever-investing-technique/#post-4588397 Wed, 04 Jun 2008 03:23:40 +0000 I think this debate is touching on the question "whats your investment horizon?".If you are buying property for the long term (ie 20 years). You need to certainly plan for ups and downs, but don't track your property as if it was a short term investment.You can invest in both shares and properties.  You can also trade in both shares and…[Read more]

]]> fc2f1c247cc8386b8113792f63a58dac https://www.propertyinvesting.com/topic/4393384-list-of-things-that-can-go-wrong-while-investing/#post-4588409 Sun, 01 Jun 2008 22:12:46 +0000 Here are some qwerky things that went wrong with my investments.  Note, all are minor.1. Dont just check good water pressure, also ensure good lighting in each room (1 x room had no lights in it – inspection in the day and so did not notice!)2. Has TV antenna and wall plug, but does not work.  Cannot test it at inspection and can be a little exy t…[Read more]

]]> 877dddcd971475d1f521e786e367b233 https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/6/#post-4586843 Wed, 28 May 2008 03:59:13 +0000 Good for you Pouncer.  I wish I could retire!  10 years time maybe! Great posts, interesting reading.  Shame it took personal attacks and insults to get people tapping on the keyboard!

]]> b6d25dd5a0a816109663c12bcc2e2909 https://www.propertyinvesting.com/topic/4393325-rent-month-by-month/#post-4588084 Tue, 27 May 2008 02:59:49 +0000 Ive noticed in the last few years PMs tend to prefer to lock in a new lease rather than go month by month.  One key reason, kind of mentioned above, is the tenant can give relatively short notice to vacate, however you still must provide (4-8 weeks notice – depending on state).  You cannot easily plan for a new tenant in 2 weeks.

]]> 5c99e0f97fbcb5f4089c1263321de937 https://www.propertyinvesting.com/topic/4392958-new-experiment-you-tell-me-what-to-do-and-ill-do-it/#post-4585902 Sun, 20 Apr 2008 21:41:25 +0000 This could be fun…Okays reeco, not sure if this is what you are after. I vote for the following qualifying reasons:a) Must be considered one of the worst 3 maintained houses on the streetb) Must be able to add an estimated $50k market value just through simple, non structural, repairs and renoc) Must be walking distance to a train stationThat…[Read more]

]]> 9a41fb9c53f56551ff0e3735a56b9bbe https://www.propertyinvesting.com/topic/4392937-researched-properties-for-investors/#post-4585822 Thu, 17 Apr 2008 03:51:00 +0000 Hi Kim,Facts speak louder.  For every statement above about what you deliver, please provide the data.  Post it here to show everyone how good your company is.You have a tough audience here, so if you are as good as you are confident, front up with the numbers in this post.Regards,

]]> 530ce4f26d728519e9fdde3a6d7e445e https://www.propertyinvesting.com/topic/4385803-mortgage-watchdog-software-2/#post-4549967 Tue, 15 Apr 2008 21:41:50 +0000 I purchased the software when the hype was made about it on ACA.  I was hoping it made it easy to load up the statements as thisis the time consuming part.  In my opinion you are better off just doing the calc in excel.The formulas are relatively simple to determine, I bet the forumers here could post several and then they just require minor a…[Read more]

]]> 45bb0d02fe54e198d2061dd45cb01bd1 https://www.propertyinvesting.com/topic/4392769-fhog-is-this-true/#post-4585208 Fri, 11 Apr 2008 03:36:03 +0000 Hi Richard,I emailed them at: First.home.benefits@osr.nsw.gov.auAnd their response was below.  Which means "No" you cannot claim as an IP is considered a residential property.Under the legislation of the grant an applicant for a first home ownergrant is ineligible if the applicant or the applicant’s spouse hasheld a relevant interest in pr…[Read more]

]]> 8db59adca83e1760d132d03ca1b45078 https://www.propertyinvesting.com/topic/4392769-fhog-is-this-true/#post-4585206 Thu, 10 Apr 2008 21:48:47 +0000 Thanks Richard, here is FHOG criteria for NSW from: http://www.osr.nsw.gov.au/benefits/first_home/general/eligibility/.Basically you must not have owned a "residential property" pre 2000. I assume this also means IP.   Which means if its in relation to NSW, you do not qualify.Do you agree or is IP not included in "residential property"?eg my f…[Read more]

]]> 487e0828d16f5d25202755931ab45be5 https://www.propertyinvesting.com/topic/4392769-fhog-is-this-true/#post-4585204 Mon, 07 Apr 2008 02:53:53 +0000 Can you please provide more info?  My first property was an IP and every time I have checked becuase of this I cannot use FHOG……thanks,

]]> 934b2972274ec8fb80e5083e7fb697e2 https://www.propertyinvesting.com/topic/4392732-what-should-i-do-with-our-money/#post-4585012 Wed, 26 Mar 2008 03:04:59 +0000 Hi,You should also consider you can land 8% in a term deposit (quite safe)… You should benchmark against this.Regards,

]]> 034647b412827ac7effdd570d2c5dd23 https://www.propertyinvesting.com/topic/4392549-serious-saver-7-25/#post-4583831 Mon, 10 Mar 2008 20:32:12 +0000 I found this site which is pretty good:http://www.ratecity.com.au/savings-accounts/Sadly does not tell how it calculates the interest to pay.  Note it was my bank manager who pointed out the issue of how interest is calculated that can have a huge impact the interest paid to you.

]]> d2037112d8d4137b840485938470d4f5 https://www.propertyinvesting.com/topic/4392549-serious-saver-7-25/#post-4583830 Mon, 10 Mar 2008 20:15:30 +0000 Hi Jaffasoft,No, NAB calcs interest on daily balance and applies to the account at the end of the month. If you had $500 to start at the month and was contributing say $200 a week, NAB looks at the balance at the end of each day to accumlate interest (ie APR / 365 – or what ever their rule is).  Then pays at the end of the month.Now the other s…[Read more]

]]> 9e9e88d838f580dcdc35b19ce9127231 https://www.propertyinvesting.com/topic/4392549-serious-saver-7-25/#post-4583826 Fri, 07 Mar 2008 01:19:26 +0000 Hi,You need to check how they calc interest. eg some calc intrest based on lowest monthly amount (I think ING use to do that), others calculate it daily (and you would expect their rate to be slightly lower).I use NAB isaver.  Its daily rate.Mat

]]> 13ad9ee51420e5d0af50ba56b41511a2 https://www.propertyinvesting.com/topic/4392238-looking-to-start-investing-need-to-find-work-oil-and-gas-industry/#post-4582406 Sun, 17 Feb 2008 20:12:45 +0000 You need to actively persue the employers you wish to work for, rather than dropping entries in forums, etc.You are in WA, its boom time and you have RIO and BHP at your door step. Have you contacted them? Have you checked their websites?Im sure there are 1000s of smaller companies supporting these big ones.  Perth is also in a construction…[Read more]

]]> aa887f7c9bc1455d9fe060241a3dc8e4 https://www.propertyinvesting.com/topic/4392199-recession-property/page/2/#post-4582219 Tue, 12 Feb 2008 02:44:56 +0000 Okays Im from the uneducated school… However I continue to ask myself isnt there something we can all do to soften the blow of the recession?Think of the HIV ads and the skin cancer ads.  They aparently work.Can't the government create an ad campaign to help us?  Im not educated so I dont know the messages for the ad, but surely things like pa…[Read more]

]]> ef1f2a3192f611441efbb11d0ed655ea https://www.propertyinvesting.com/topic/4385652-centerlink/#post-4548139 Thu, 31 Jan 2008 20:50:40 +0000 It all comes down to risk management.  A tenent who has trouble paying rent can set off the alarm bells, however a good person may not be good with money.  How many people do you know are on over $100k with massive credit bills and still live at home or share accomodation?  How many people do you know in their 30s and have less then $10k in sa…[Read more]

]]> 1fac40c19913164f868e4482f69f7d7c https://www.propertyinvesting.com/topic/4392113-worst-landlord/#post-4581673 Mon, 28 Jan 2008 21:09:37 +0000 Nice story Millie.  It appears most landlords must be great considering yours is the only post!In the 10 years I rented I never had a bad landlord.  So I cannot contribute, however, if anyone posts a topic about bad property managers, or bad buildings or bad body corporates.  I can site plenty of these!!!!

]]> 9df6b960ecaa8440e14e7056029ad1e5 https://www.propertyinvesting.com/topic/4385652-centerlink/#post-4548134 Mon, 14 Jan 2008 20:57:54 +0000 Hi all,I must say I still have the same tenant (must be about 18 months now) and not one problem (I may be just lucky).  We have also increased the rent.  I have a very good PM and I dont see the $1 charge.  I dont see anything other than my monthly statement and Qty inspection report.  Im guessing my PM is absorbing the $1.So for me it works.  Mat

]]> 14c87212a2fc01b2dcd415eb77925a71 https://www.propertyinvesting.com/topic/4391939-strata-title-problems-owner-occupier/#post-4580627 Mon, 14 Jan 2008 01:30:11 +0000 Established body corps can become very political and be just as effective as a political party.You may find the administrators are relatively ok and are acting on the interests of the committee and its the committee you need to work with.If its a strong and tight committee be careful you dont get on the wrong side of them.  They know the rules…[Read more]

]]> 8c5b9fb1ed2906ce97f1f29c8c13d3f3 https://www.propertyinvesting.com/topic/4391803-whereto-in-sydney/#post-4579473 Thu, 10 Jan 2008 21:09:43 +0000 Its got a good vibe (drive through it every day).  Overlooks industry which is on the bay.  I think there is fear of the leeching of checmicals eventually making into the bay and then you may not be able to swim there anymore.  So i'd look for more info around this to be comfortable.Some of the surrounding suburbs are a bit rough as well (well ro…[Read more]

]]> f1db397f59f58c505ec22d525f6fd361 https://www.propertyinvesting.com/topic/4391907-limitsboundaries-of-this-forum/#post-4580460 Thu, 10 Jan 2008 21:03:41 +0000 Im not a moderator for this forum, but have thought about this a lot.  eg a good doctor, dentist, mechanic, etc.The problem is you are dealing with peoples reputations based on specific, and in most cases, subjective/emotional feedback.I would assume any site that gets real notice doing this cops 100s of legal attacks every day putting them out…[Read more]

]]> b2290f372826e321661b7c20b330ca97 https://www.propertyinvesting.com/topic/4391840-property-investment-in-the-republic-of-macedonia/#post-4580117 Thu, 10 Jan 2008 20:57:53 +0000 Hi Everyone,I believe its healthy to debate these things as it helps novice investors to learn.We just need to ensure there are balanced views and I think this thread has a balanced view…Im glad I read it.  A friend of mine (well most actually growning up in the gong) is Macedonian and is going back this year.  Things have certainly changed o…[Read more]

]]> b225c3b1ac502e15cd148b4b76f5281d https://www.propertyinvesting.com/topic/4391833-rights-of-owners-with-bodycorp/#post-4580053 Mon, 07 Jan 2008 01:49:14 +0000 Hi toco,The correct answer: Yes you should get permission on the floor boards as they can make noise for the other tenants.The practical answer: You are in a small complex. Get to know your neighbours.  You will figure out quickly who the chairperson of the BC is.  Then use your judgement.We were on the top floor af a 3 story 12 unit complex.  We…[Read more]

]]> 2f52e9ed6c93ed9187061a2bf0275367 https://www.propertyinvesting.com/topic/4391803-whereto-in-sydney/#post-4579470 Thu, 03 Jan 2008 20:57:43 +0000 Hi Rich Mum,And you need to be rich to invest in Sydney!My pick is Chatswood.  Its still very safe and has limited unit and house supply. It also has a westfield and the train station has almost completed its expansion with the Chatswood – Epping link.  There are other commecial developments such as a new council building and auditorium.  I get th…[Read more]

]]> 810c25c87762c02b82125e84a6404cf4 https://www.propertyinvesting.com/topic/4391609-how-to-locate-the-owner-of-a-property-and-make-an-offer/#post-4578307 Fri, 07 Dec 2007 10:46:09 +0000 Hello,This topic has been discussed before. So its best you do a search. However items such as:1. Drop a note in the letter box2. Ask the neighbours3. Maybe post a letter to the address and it may be re-directed…Enjoy searching, Im sure you will find a wealth of other information along the way.

]]> 0e1ed35af40ffbe710b509307a40e051 https://www.propertyinvesting.com/topic/4390865-property-web-sites/#post-4574468 Mon, 24 Sep 2007 03:51:27 +0000 Dont forget your local library is fantastic. They have all the current property mags, books, reference material, etc.You can spend days in there and learn so much!Oh they also have internet.  A full turnkey solution and all free.

]]> ddd8f33ad011969b1f4f11c78f846c9c https://www.propertyinvesting.com/topic/4390823-how-to-corporate-lease/#post-4574272 Wed, 19 Sep 2007 02:58:59 +0000 For long term stays usually fresh linnen, etc weekly.  For short term stays you may need to have it done daily.The best thing you could do is book some stays in some big ones like the Medina.  And maybe some local advertised ones.  You could just call to make a booking and ask all the questions you need.  What about breakfast, room service, mid…[Read more]

]]> 9cad686e23398e4ce801700d18319c22 https://www.propertyinvesting.com/topic/4390600-2-problems-a-tree-and-flooding/#post-4572903 Mon, 17 Sep 2007 03:26:53 +0000 This one must be tricky due to no responses.  So I have decided I will just contact council and hope for the best.

]]> ad2b89e8f2695bf28d2dcb2050533262 https://www.propertyinvesting.com/topic/4390823-how-to-corporate-lease/#post-4574270 Mon, 17 Sep 2007 03:20:29 +0000 Corporates generally use studios for:1. Relocation assistance (usually 1 months accom while individial finds a place to live).2. International business visitors where they may be around for say a month.3. Sometimes for regular commuters as its nicer to cook your own toast.Most corporates have a procurement department who go to tender.  Larger…[Read more]

]]> 6414d909f9569d6e93901cb5fa9f600f https://www.propertyinvesting.com/topic/4390598-copy-of-section32-is-lost/#post-4572892 Mon, 27 Aug 2007 03:23:51 +0000 Because Im lazy I would contact a local conveyencer.  They could prepare one for you for a fee…Do a google and you may find some DIY approaches.

]]> 2da366067ac60bf300f93efb1eb93658 https://www.propertyinvesting.com/topic/4390468-property-investing-just-as-risky-as-stock-market/#post-4572197 Tue, 14 Aug 2007 03:10:21 +0000 Hey just got me thinking, we are always talking about whats the less risky or what is the better performing investment…What is the most risky, dangerous things that poeple possibly invest/speculate in?Worst Im thinking people who beleive betting on horses.  Or gambling.  Then maybe prospecting companies searching for gold, oil?  What else are ba…[Read more]

]]> 270125b169db3bc7b50d450128bb7f02 https://www.propertyinvesting.com/topic/4390336-help-i-keep-running-out-of-equity-and-im-stuck-now/#post-4571357 Tue, 14 Aug 2007 03:00:28 +0000 Love this thread…  It would appear the speed at which you wish you to move you should also re-consider your investment strategy.    Just another way of looking at it. eg:1. What about starting and selling/part selling businesses?2. What about more development?3. What about some diversification into shares, collectables, etc?There could be ano…[Read more]

]]> b2b16d2ef0f6b67f82bea66ea78acf1d https://www.propertyinvesting.com/topic/4390472-cf-deals-found-jv-partners-wanted/#post-4572250 Tue, 14 Aug 2007 02:49:35 +0000 Its fantastic to see people with great drive!  Good luck sapphire

]]> a77077e989e0b01ce002c348e1b1f3b6 https://www.propertyinvesting.com/topic/4390436-cronulla-units/#post-4571921 Fri, 10 Aug 2007 02:39:02 +0000 I like Cronulla. Public transport is ok.  I have never lived there nor spent much time there after dark. Ive also heard its a little rough.  Not seen it myself.Personally I find its a good balance as you have the beach, can drive to the city.  You are also on the Royal national park which is nice too.Before you buy do full due dilligence. ie gr…[Read more]

]]> e7ae6b46fc87b7bf5ec1d6d28036613b https://www.propertyinvesting.com/topic/4390353-making-money/#post-4571515 Fri, 03 Aug 2007 03:41:12 +0000 Okays both Property and shares are equally safe!  Yes if you trade property short term you are subject to massive volatility, just like if you trade shares.If you hold both for the long term both have less volatility.  The main difference is shares give you market value every second of every day. Should you look at this? Hell no if you are in it f…[Read more]

]]> ea1fc428131d7a3f14b594b5bc540c4e https://www.propertyinvesting.com/topic/4390306-lighting-gas-hot-water/#post-4571181 Thu, 26 Jul 2007 23:16:57 +0000 If they struggle with the concept you can also ensure they are aware the only other solution is to replace the system with an electric one. This would increase the cost of hot water….

]]> 9984debb93771b713380de8e048c997b https://www.propertyinvesting.com/topic/4390249-oh-no-what-do-i-do/#post-4570942 Mon, 23 Jul 2007 02:45:34 +0000 Nice tongue in cheek post. Very funny!I think you should follow what others have already said. Learn to share!  Much more rewarding!  Share with your wife, share with your community and share with the world.  Do it both with your $$$ and with your time!I think you will be surprised how much better it will make you feel for such a little cost.

]]> 7a8bba3ac11022caab433a1bffc88283 https://www.propertyinvesting.com/topic/4390201-real-estate-ethics/#post-4570699 Tue, 17 Jul 2007 03:45:26 +0000 Barney.  Good for you.  In this world there are many peope who hold their faith in god.  Some are for real (Im sure Steve is) and some are quite deceptive.How do you know which ones to support?At the end of the day the question comes down to: Can you trust this person?  If Yes then you can move onto their believes, morals, etc.

]]> 66890522de6c8e05e02aee54f6228c81 https://www.propertyinvesting.com/topic/4390191-water-useage-who-pays-tenants-or-landlords/#post-4570633 Tue, 17 Jul 2007 03:39:36 +0000 Hi,This is a non lease not compliance answer.  Generally in NSW, Qld and Vic the landlord pays both usage and rates for Water for units.  Its from the old days where the water meter was shared for all tenants.  May possibly also be due to how the waterboard current read meters.For houses landlord pays rates and tenant pays usage.This is just st…[Read more]

]]> a6e46aea39a2c9efb63de66431287220 https://www.propertyinvesting.com/topic/4390093-2010-property-boom-sharemarket-crash/#post-4570051 Wed, 11 Jul 2007 02:43:29 +0000 Im not sure if it is bleak as crashy indicates.  We need to remember the sharemarket also exists to facilitate the purchase of shares in companies.  Not all companies will be impacted by the oldies.  Lets think of Westfarmers, BHP, RIO and there are plenty more.  Demand vs supply is only one factor. So long as these companies continue to pro…[Read more]

]]> 5a460f6ec18d943bacdb50e75095e054 https://www.propertyinvesting.com/topic/4390058-the-saga-continues-or-so-it-seems/#post-4569876 Fri, 29 Jun 2007 03:14:57 +0000 I guess sadly they have no incentive to find a new tenant. While you are paying they can focus on other things.  If you are paying for it, be sure you have full control over it.  It is a very expensive lesson about maintaining personal records.  Murphys law always comes back to bite you on the one peice of paper you throw out.I hope it all tu…[Read more]

]]> f7bc8d7021d8ef9667d5196f4be4ac09 https://www.propertyinvesting.com/topic/4390055-where-do-the-pipes-go/#post-4569870 Fri, 29 Jun 2007 03:08:35 +0000 Okays I have not done what you are proposing but have witnessed nasty legal battles between the BC and a tenant.  Making everyone pay!  Yes the BC is funded by all tenants.So I would suggest communicate and keep talking with the BC and all the members.  I would guess you need to submit your plans to the BC for an approval. They will explain to yo…[Read more]

]]> e525da5dbd7ebc73885612745b5121cb https://www.propertyinvesting.com/topic/4389990-homebush-bay/#post-4569556 Fri, 22 Jun 2007 03:29:53 +0000 Quite a lot of land is reclaimed industrial.  Im not sure how they may sure its chemical free but I would not plant any orange trees there!It is family type place to live, I used to live at Liberty Grove near by before they built the shopping center.  So a unit may be ok.

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