PropertyInvesting.com | mgr | Activity https://www.propertyinvesting.com/members/mgr/activity/ Activity feed for mgr. Sat, 11 Apr 2026 20:20:30 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 aed99306d15484f97d37f043f696c5b9 mgr replied to the topic How much should we offer? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384061-how-much-should-we-offer/#post-4540012 Sun, 29 Jan 2006 16:54:38 +0000 Hi,

Hope you dont mind me asking what size land the property sits on are there any garages etc ?.
As a guide for you we have just finished 1 and half way through 2 homes in Point Cook the first is a 4bed all ensuite double garage study,living,media room with open plan kitchen dinning and family area it cost us $400000.
In Point Cook there are so…[Read more]

]]> 5fd5dd22938ea8c1d6bbdd90f0c929f7 mgr replied to the topic People are getting desperate to sell in the forum Help Needed! https://www.propertyinvesting.com/topic/4383864-people-are-getting-desperate-to-sell/page/2/#post-4538991 Mon, 23 Jan 2006 00:22:01 +0000 Thanks mkc,

I thought the Brisbane CBD was overpriced in December 2004 compared to other CBD’s they are going to phone in the next couple of days , I am thinking of putting in an offer 10% below what they priced in Dec 2004 instead of 18% above.
I will leave it an open offer then they can always come back to me and i just have to hope that i have…[Read more]

]]> 45aa4d7b03dc93a99516076370e6fe4b mgr replied to the topic People are getting desperate to sell in the forum Help Needed! https://www.propertyinvesting.com/topic/4383864-people-are-getting-desperate-to-sell/page/2/#post-4538989 Sun, 22 Jan 2006 20:03:31 +0000 Are these eastern markets falling all over we have been looking at a new apartment in Brisbane as a base in December 2004 it was $630000 for a 3 bed on the edge of the CBD it was only in new stages at this point.
Last week we where contacted by the development firm as building has just started and foundations laid they asked if we where still…[Read more]

]]> d3c7b6ca3d33725f52470dfa447112b0 mgr replied to the topic PM who covers Melbourne. in the forum General Property https://www.propertyinvesting.com/topic/4383586-pm-who-covers-melbourne/#post-4537543 Wed, 21 Dec 2005 01:21:18 +0000 Thanks Alistair,
I think you maybe right i am comited now to the 3 developments in Point Cook which is a learning curve in it’s self with builders who complain about working when the temp is16deg saying it’s to cold then complaining last week 2 days where to hot. I think not finding a PM that can cover both areas maybe a sign that 3 developments…[Read more]

]]> eb0731015c30d9c2d5832684800e290f mgr replied to the topic PM who covers Melbourne. in the forum General Property https://www.propertyinvesting.com/topic/4383586-pm-who-covers-melbourne/#post-4537541 Tue, 20 Dec 2005 23:19:02 +0000 Hi Michael,

Thanks for the help Pam and yourself have provided it looks like i may have to get 2 separate agents. This gives me a couple of questions i find myself asking which people with more experiance of Melbourne maybe able to help with:
At the moment i have only purchased in Point Cook and Tarneit south west Melbourne which you kindly…[Read more]

]]> 74a45fd8b514e03e88f2af5c39e77b58 mgr replied to the topic PM who covers Melbourne. in the forum No Subject https://www.propertyinvesting.com/topic/4383586-pm-who-covers-melbourne/#post-4537539 Tue, 20 Dec 2005 14:48:39 +0000 Hi thanks i did speak to his wife and they don’t cover the areas i needed they did pass on a name for Point Cook but then that firm did not cover the area 10Km North of the CBD.
If possible i would like to keep all the properties with one firm i did not think there would be a problem as its all classed as Melbourne, but it seems it may be harder…[Read more]

]]> 140a759f443d75a6816f285bc2d62232 mgr replied to the topic Melbourne Land am I getting ripped off ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4383549-melbourne-land-am-i-getting-ripped-off/#post-4537333 Sat, 17 Dec 2005 21:44:02 +0000 Hi Fernfurn,

The few Lots i have been looking at in point cook are large blocks over 750sqm with strict building codes etc, they all seem to be corner lots for some reason with a mixture of double and single storey homes mainly built by Simonds and Metro i think.
I know the cost of the homes i want to build are $235000 when i add the land at…[Read more]

]]> b879f8964db435aa0ad97afcdaa43003 mgr replied to the topic Buy it now Or not?Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4383542-buy-it-now-or-notmelbourne/#post-4537274 Thu, 15 Dec 2005 15:41:18 +0000 Regarding the Melbourne market can anyone say if the Tarneit and Point Cook areas are overvalued with land lots priced around $180000 for a 740-800 sqm block, Would i be better looking to the northern or eastern sites.
I have been told that $243 per sqm in Tarneit and Point Cook is overpriced especialy with a house to build as well, any general…[Read more]

]]> e212d06f9d07780a50e3189e023122e6 mgr replied to the topic Investment Partner in Brisbane wanted (newbie) in the forum Help Needed! https://www.propertyinvesting.com/topic/4383453-investment-partner-in-brisbane-wanted-newbie/#post-4536838 Tue, 06 Dec 2005 01:48:55 +0000 Hi zen,

Have you tried family,friends or workmates also from the sounds of what you wrote you may not live in brisbane, the Brisbane IP market is cut throat and vicous before you enter into any possible partnerships make sure all the legals are done etc or you will be ripped off before you blink.
Good luck,
MGR

]]> 46c43d15a0bd5b5bec6b3bc411239bb0 mgr replied to the topic Can I get finance for Aust. property while in UK? in the forum No Subject https://www.propertyinvesting.com/topic/4383237-can-i-get-finance-for-aust-property-while-in-uk/#post-4535589 Wed, 30 Nov 2005 12:53:12 +0000 Thanks for the info i will give ANZ a try i am getting a bit sick of coming 26000miles to sign a 100point ID check.
That is why it is more frustrating i have Fax indemnity for all transactions but to open a new loan account or refinance existing projects even to to open a new savings or transaction account i have the same problem fly over to your…[Read more]

]]> f2e10ce3275c2bd3716a79be941df34b mgr replied to the topic Help needed soon.(Tarneit or Point Cook) in the forum Help Needed! https://www.propertyinvesting.com/topic/4383381-help-needed-soon-tarneit-or-point-cook/#post-4536464 Wed, 30 Nov 2005 11:28:12 +0000 Thanks for all that great info sarge, we where looking at moorookyle but it was $180000 for the land and when you looked at Rose Grange and Tarneit Gardens it was $120000 for the same size lot plus all the house designs did not match they seemend to go from one extreme to the other.

We where told Monteray Central would be a better choice due to…[Read more]

]]> f4c91c462a99d3190c031eb73aa55dcf mgr replied to the topic Can I get finance for Aust. property while in UK? in the forum Finance https://www.propertyinvesting.com/topic/4383237-can-i-get-finance-for-aust-property-while-in-uk/#post-4535585 Mon, 28 Nov 2005 00:33:20 +0000 I am in the UK and agree with what Mortgage Hunter has said the only problem i have found is that every time i want to sign for the loan i have to fly to Australia to do this in person as i am not a resident.
This is the same with my own bank Westpac back and forwards so i try and do a couple of properties at the same time.

Good Luck,
MGR

]]> e18bad45837da338744a0f6477614339 mgr replied to the topic locations in Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4383089-locations-in-melbourne/#post-4534792 Thu, 10 Nov 2005 01:32:23 +0000 Thanks i was told there are some new developments around Tarneit at the back of Hoppers Crossing would this be a better area.Only ask as someone said it was a brown field site for miles behind there but the developers have said after this development there are hills and green countryside can anyone confirm which is true,thank you.

]]> 8d4dd5444856264d30f8ab97b679087a mgr replied to the topic How to buy ( not OTP) in the forum General Property https://www.propertyinvesting.com/topic/4383055-how-to-buy-not-otp/#post-4534517 Sun, 06 Nov 2005 15:02:23 +0000 Thanks for that i thought that if we put our current properties into a small company based in Australia that the business would be an Australian entity and would therefore not be subject to FIRB as the company would be registered in Australia and have a ABN and TFN and would be classed as a resident company allowing purchase of normal residential…[Read more]

]]> b9b24b61833eb4f0f6124b08e5fa9198 mgr replied to the topic Non-Resident Mortgage in the forum Help Needed! https://www.propertyinvesting.com/topic/4377845-non-resident-mortgage/#post-4501178 Fri, 07 Jan 2005 04:23:06 +0000 HI Nico,

I am a UK resident back here in the UK I have had no trouble getting 80-70% IP mortgage loans through westpac with no problems and they have taken good care of me making sure i have not been ripped off.

Hope its of some help.

mgr.

]]> 74f80739a19f7d141c666b01ec66c684 mgr replied to the topic Ceasing a contract with PM??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4377725-ceasing-a-contract-with-pm/#post-4500433 Sat, 01 Jan 2005 20:35:16 +0000 Hi Bonnie,

Which state is your PM in as i am sure there are different rules for each state.

When you signed up with the PM did you not put in a review period where you could both decided if you wanted to carry on working with each other, our lawyers had a annual review put in to start 30 days proir to theannual review date, at this point we…[Read more]

]]> 3e29f2ab56a11fe24ae08926a728fb2a mgr replied to the topic Advice Re: Advance Loans Direct in the forum Help Needed! https://www.propertyinvesting.com/topic/4377633-advice-re-advance-loans-direct/#post-4499717 Tue, 28 Dec 2004 04:09:55 +0000 Good luck Byronet and you better start saving those $$$ because thats one hell of an expensive place compared to Oz.

If you want any property details and prices sent just drop us a personal message and i would be happy to send some pdf files with pictures and prices and local details.

I am not a propety investor in the UK and i would be more…[Read more]

]]> 59771335a3508619e38126cc91639d87 mgr replied to the topic Advice Re: Advance Loans Direct in the forum No Subject https://www.propertyinvesting.com/topic/4377633-advice-re-advance-loans-direct/#post-4499715 Tue, 28 Dec 2004 03:50:45 +0000 I know you can’t compare price but you can compare house size,location etc and this is perfect.

My lawyers will look over everthing they are a pain about this type of thing sometimes they cost me deals due to there care of me,but thats why they get there over the top fees.

Good look with your move to the UK don’t know where your going but get…[Read more]

]]> effe2461d9520d1a56724198009fce50 mgr replied to the topic Advice Re: Advance Loans Direct in the forum No Subject https://www.propertyinvesting.com/topic/4377633-advice-re-advance-loans-direct/#post-4499712 Tue, 28 Dec 2004 03:36:07 +0000 Have checked the website and spoke to them with the figures etc.
The price of the house a 2 story, 4 bed is $295000 for 40km south east of Melbourne at todays exchange rate thats half the price i have just sold my small 3 bed in the UK for and i mean small it is half the size of this house.
I could buy outright with my UK sales money but with…[Read more]

]]> ca55b295cb0b68e74adbe70f63fbbccd mgr replied to the topic Brisbane Apartment Market Advice Needed. in the forum No Subject https://www.propertyinvesting.com/topic/4377527-brisbane-apartment-market-advice-needed/#post-4498934 Thu, 23 Dec 2004 02:48:38 +0000 Thanks for everyones help sounds like the property is over priced for the inner city apartment market in Brisbane, i think i should carry on my search elsewhere also sounds like i owe my investment manager at Westpac a few drinks.

Thanks.

mgr.

]]> 6948aeb22b0c94229ff97dbfb9751393 mgr replied to the topic Brisbane Apartment Market Advice Needed. in the forum Help Needed! https://www.propertyinvesting.com/topic/4377527-brisbane-apartment-market-advice-needed/#post-4498929 Wed, 22 Dec 2004 03:39:10 +0000 Thanks for that this building is Charlotte Towers it seemed a good starting pint as Devine where giving a $250000 rental promise for the first year.

]]> 5ba672c5ed1d233958550cc45230302c mgr replied to the topic HELP PLEASE Property Buyers/Finders in the forum No Subject https://www.propertyinvesting.com/topic/4376182-help-please-property-buyersfinders/page/2/#post-4491038 Thu, 30 Sep 2004 19:48:01 +0000 On the topic of Buyers Agents as i was in discussons with this agent at the start of this thread and listend to all posts,my solicitors in Australia said it was a commercial joke and they could not recomend the deal on commercial terms.

I never told the Agent which branch of this solicitors i was using and the Agent had no contact with anyone but…[Read more]

]]> 7715c0eec2dfa226eb53d7df9004b747 mgr replied to the topic Advice on Rent in Brisbane CBD in the forum Help Needed! https://www.propertyinvesting.com/topic/4376252-advice-on-rent-in-brisbane-cbd/#post-4491555 Thu, 30 Sep 2004 10:00:04 +0000 Thanks for your links Derek great help as always just looked and theres a wide range within this building for the same property,probably the best way would be to take an average.

thanks,

MGR

]]> df53a3afe3a982b90549e6d5128efbfc mgr replied to the topic Advice on Rent in Brisbane CBD in the forum Help Needed! https://www.propertyinvesting.com/topic/4376252-advice-on-rent-in-brisbane-cbd/#post-4491553 Wed, 29 Sep 2004 23:23:46 +0000 I thought the same but they say that there duties are maintanance and general management with weekly reports to the owner if they have any strange things to report.

]]> fd54396f0cd94a7422cf8e7f8a9e3d63 mgr replied to the topic HELP PLEASE Property Buyers/Finders in the forum Help Needed! https://www.propertyinvesting.com/topic/4376182-help-please-property-buyersfinders/page/2/#post-4491034 Sat, 25 Sep 2004 12:00:45 +0000 That last article was great Kay as on the PAMD22a form we noticed the licence expired in the first week of october,when we asked about this he said he would renew it early as it onl costs $1000 dollars.
After reading the article he should have been paying $3500 thanks for your help i no which way to run now.
What makes things worse is i checked…[Read more]

]]> f66b1f5c1b107fb0d7cf2ec1aa4937fa mgr replied to the topic HELP PLEASE Property Buyers/Finders in the forum Help Needed! https://www.propertyinvesting.com/topic/4376182-help-please-property-buyersfinders/#post-4491032 Sat, 25 Sep 2004 10:44:26 +0000 Thanks for that info Kay great reading,i have just gone through realestate.com.au in redcliffe and found some of the examples the agent sent about his properties in redcliffe on the site they are cheaper on realestate.com.au by around $50000 but they all seem to be with the same developer Remax.

]]> 9814a6e95f5bdb949c75a6406d37bfd8 mgr replied to the topic HELP PLEASE Property Buyers/Finders in the forum No Subject https://www.propertyinvesting.com/topic/4376182-help-please-property-buyersfinders/#post-4491030 Sat, 25 Sep 2004 09:26:03 +0000 Sorry Kay the $300 was the rental return on the redcliffe property which the agent refered to as upper market.

The other remarks where made by the agent about redlands there was no rental return given for that area,the remarks about the different social groups was the opinion of the agent i have found that the lower paid etc tend to take more…[Read more]

]]> 80bf3c04eb30e7cd014c36c6c2160cf6 mgr replied to the topic HELP PLEASE Property Buyers/Finders in the forum Help Needed! https://www.propertyinvesting.com/topic/4376182-help-please-property-buyersfinders/#post-4491026 Sat, 25 Sep 2004 08:17:46 +0000 Hi Derek it sounds like i have been lucky my solicitors stopped me from signing the contracts.

Kay have done all you said i have been using the sites you mentioned for a year now and doing all the research i was ging to purchase some new developments in Redlands but was advised against this by the agent who i was talking to in this post,they said…[Read more]

]]> f3f4c7eaee386426a94904a11e110c0f mgr replied to the topic HELP PLEASE Property Buyers/Finders in the forum Help Needed! https://www.propertyinvesting.com/topic/4376182-help-please-property-buyersfinders/#post-4491021 Fri, 24 Sep 2004 14:05:07 +0000 The long term Cap gains should be good i agree.

Once signed up the arrangement is openended and if you find and purchase a property from another source your obligated to pay them the $5000 still up until you have purchased 5 properties.

]]> 9c79989fe0d9598016264ee1a8a74f05 mgr replied to the topic HELP PLEASE Property Buyers/Finders in the forum Help Needed! https://www.propertyinvesting.com/topic/4376182-help-please-property-buyersfinders/#post-4491019 Fri, 24 Sep 2004 13:50:45 +0000 The return to me seems terible the property was $325000 they wanted to put me in with a tenant at $300 per week $15600pa less expenses which is a return of less than 5% before taking into account expenses.This is in the Redcliffe area of north brisbane on a townhouse 3bed 250m from the bay and coast.

]]> 49f2e657ef8dda762690d50acb626f2c mgr replied to the topic HELP PLEASE Property Buyers/Finders in the forum Help Needed! https://www.propertyinvesting.com/topic/4376182-help-please-property-buyersfinders/#post-4491016 Fri, 24 Sep 2004 13:15:48 +0000 I was told i would need to spend at least $200000 per IP property to get a return that justified the expenditure,this is in queensland the first property was a townhouse 3bed and it was priced at $325000.I was told that i would not be able to find a property for less than $150000.

Are you saying $50000 will buy property if this is true i have…[Read more]

]]> 162e1d8dd13913b72c9673024d2fe532 mgr replied to the topic Any good buyers agents out there? in the forum Help Needed! https://www.propertyinvesting.com/topic/4376108-any-good-buyers-agents-out-there/#post-4490460 Tue, 21 Sep 2004 22:24:41 +0000 Has anyone heard about or used Propertybuyersagent.com.au any info would be great,thanks.

]]> 0aba236947b588ed2747652b6d1bc3b8 mgr replied to the topic Buyers agent fees in the forum Help Needed! https://www.propertyinvesting.com/topic/4376109-buyers-agent-fees/#post-4490467 Mon, 20 Sep 2004 01:13:38 +0000 Is this the going rate for only finding a property not handling any other matters they will not be acting as an agent between the seller and buyer my solicitor will be handling everything with the seller.

]]> bf300427c9cff2ae1f6a01775fe53b44 mgr replied to the topic Any one heard off Minter Ellison. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4375850-any-one-heard-off-minter-ellison/#post-4488860 Thu, 16 Sep 2004 00:14:25 +0000 Thanks for your help i did look at some smaller firms,but with buying from overseas i need a firm that control a buyers agent,accountant and management company which minter say they can do.

Regarding the fees when i compare Minters fees to my UK solicitors fees they are around the same so if Minters is an expensive firm your more competitive…[Read more]

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