PropertyInvesting.com | micah | Activity https://www.propertyinvesting.com/members/micah/activity/ Activity feed for micah. Sun, 12 Apr 2026 07:28:00 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 bc702ac401c42ff3ce9404a625ab9502 micah replied to the topic A development opportunity in the forum No Subject https://www.propertyinvesting.com/topic/4384255-a-development-opportunity/#post-4540945 Fri, 10 Feb 2006 13:33:43 +0000 Alistair,
You know I didn’t. That’s from a private email send to friends….

But you are right, it is my friend’s, not mine. He asked me to help and so I posted it. No need to complicate the message unnecessary.

Bottom line is, we are looking for an interested party to help.

Erik Reurts
Micah Finance Solutions
http://www.micah.com.au

]]> 5feb926712d82a7f69ae0e4d669d8c27 micah replied to the topic Mentor needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4384252-mentor-needed-5/#post-4540931 Fri, 10 Feb 2006 09:25:37 +0000 Chris,

It’s Erik Reurts. Good to see you’re stil here. Not sure what you are aiming for with this message though….

Something for you, I have a friend with a house in Minchinbury on 700sqm. House next door is going for sale and there are town houses in the street already.

Interested in looking at it or would you know somebody that…[Read more]

]]> eb3c47f4da51124dc2b6a3791f54254a micah replied to the topic Bl**dy Banks.. in the forum Help Needed! https://www.propertyinvesting.com/topic/4382182-bldy-banks/page/2/#post-4529271 Wed, 21 Sep 2005 12:04:53 +0000 Here’s a suggestion…
Use a broker, make him do all the running around. They should be pretty good as this is where their income comes from and you can blame them if it does not flow through as you need it to.

Regards,

Erik Reurts
Micah Finance Solutions
http://www.micah.com.au

]]> 7b9898ba5eb0d95d8d75447c26d46f72 micah replied to the topic first post, large post in the forum Help Needed! https://www.propertyinvesting.com/topic/4382339-first-post-large-post/#post-4530378 Wed, 21 Sep 2005 02:45:36 +0000 If this is your first, there might be things you have overlooked (if not, don’t be offended by the suggestion…) so let me point out some things to research:
1) do you have a QS report (claim all taxable items)
2) Have you done the ATO form to get your deductions through your paypack?
3)their might be loans on a better rate to go to.

Finally,…[Read more]

]]> fddd598f4819679acd1e9be0f53420fe micah replied to the topic rental difficulty in the forum Help Needed! https://www.propertyinvesting.com/topic/4382071-rental-difficulty/#post-4528642 Wed, 07 Sep 2005 00:04:47 +0000 Here is what I normally do: If you had not signed an exclusive agreement with the agent (and I hope you have not), list the property with 2 other agents. This is not unfair to your agent, it encourages working for their money. Make the management subject to finding a tenant. This way, they have an incentive to get a tenant in your peoperty first…[Read more]

]]> 2b3c8b12a240509378cfb23165cf2f27 micah replied to the topic Long term opportunity, short term hurdle in the forum Help Needed! https://www.propertyinvesting.com/topic/4381986-long-term-opportunity-short-term-hurdle/#post-4528227 Fri, 02 Sep 2005 12:04:18 +0000 I agree with Giulio,

Find a money partner or create equity somewhere else to draw from and suplement cash flow short fall. There is always a way if you truly believe it is worth it.

Cheers,
Erik

Erik Reurts
Micah Finance Solutions
http://www.micah.com.au

]]> 01a1967ec5adc827c1f591ad39d208d4 micah replied to the topic I am selling all my properties in Brisbane in the forum Help Needed! https://www.propertyinvesting.com/topic/4382000-i-am-selling-all-my-properties-in-brisbane/#post-4528301 Fri, 02 Sep 2005 11:59:54 +0000 Ever considered moving forward i9n your new venture whilst keeping (some) of your properties?
If they have been working for you so far, why sell (all)?

Also, you “state” your plans without explanaition, why? You just wanted us to know or …

Erik

Erik Reurts
Micah Finance Solutions
http://www.micah.com.au

]]> 4df43121d453505997c626a4011a1206 micah replied to the topic um.....anyone like these numbers? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382003-um-anyone-like-these-numbers/#post-4528340 Fri, 02 Sep 2005 11:51:18 +0000 To many unknowns…
What type of property is it?
Where is it (not in Oz by the sound)
Do you have to take the finance with the property???
Is the vacancy rate “proven”?
Why no insurance cost?
Age of the property
Plans effecting rentability
Some things to think about

Erik Reurts
Micah Finance Solutions
http://www.micah.com.au

]]> e636eb4a4bebbe34ed35a4c567dc1a62 micah replied to the topic Buyers Advocates in the forum Help Needed! https://www.propertyinvesting.com/topic/4381956-buyers-advocates/#post-4528022 Thu, 01 Sep 2005 06:59:11 +0000 Dear Octagonal,
They can be a good source for information and good properties. Appart from them, have you considered property clubs? (Like minded people in the area with a passion for property). There is a few of those around as well. Anybody know anything about the investorsclub by any chance?

Cheers,

Erik Reurts
Micah Finance…[Read more]

]]> 45387bcf03e5bcf5b91ea43029398b41 micah replied to the topic $$$approx cost to build duplex in the forum Help Needed! https://www.propertyinvesting.com/topic/4381947-approx-cost-to-build-duplex/#post-4527940 Tue, 30 Aug 2005 13:05:16 +0000 There is builders that will help and do site survey’s (Masterton in NSW does it). Try a large builder in your area and ask the question.

Cheers,
Erik

Erik Reurts
Micah Finance Solutions
http://www.micah.com.au

]]> bcf6642f141cb94733edf59151ed70af micah replied to the topic Development - Builder Finance in the forum Value Adding https://www.propertyinvesting.com/topic/4381932-development-builder-finance/#post-4527854 Tue, 30 Aug 2005 08:01:39 +0000 Rellie,

Why do that? You mention completing, so has the development started? If so, there is value you can possibly borrow against rather then give one away. Some more information is needed to be able to help.

Regards,
Erik

Erik Reurts
Micah Finance Solutions
http://www.micah.com.au

]]> 1daba4169882bc845528a0346a980d7d micah replied to the topic Pool or no Pool in the forum Help Needed! https://www.propertyinvesting.com/topic/4381936-pool-or-no-pool/#post-4527867 Tue, 30 Aug 2005 06:27:15 +0000 Robo,

I was thinking the same and then I found out there are 3 pools withing 15min from where I live… No ongoing cost, no cleaning up, no restrictions as to when I can use it (2 are heated and indoors) so I decided not to get my own.

Erik Reurts
Micah Finance Solutions
http://www.micah.com.au

]]> c3f061cc455c99e0ab8766d44d91424b micah replied to the topic new kid in town in the forum Help Needed! https://www.propertyinvesting.com/topic/4381923-new-kid-in-town/#post-4527773 Tue, 30 Aug 2005 02:23:59 +0000 JTW,

A few pointers:
Make sure the lease is not about to expire What is the age of the property Type of property (Can you get 70% or better LVR?) Councils plans..
Do well!
Erik

Erik Reurts
Micah Finance Solutions
http://www.micah.com.au

]]> 33ea8c56d0cdf480b60daf2480b0ef2a micah replied to the topic Loan process sucks when they get it wrong! in the forum Help Needed! https://www.propertyinvesting.com/topic/4381925-loan-process-sucks-when-they-get-it-wrong/#post-4527791 Tue, 30 Aug 2005 02:15:41 +0000 Dear Jennyl,
Focuss on what you can do. Call your broker, make him aware of the possibility you could loose the next deal. Have him put urgency on ANZ (possibly with mention of ombudsman)and give them a deadline to sort it out. Unless people have been given a timeframe/deadline, they decide for themselves how urgent jobs are… Be friendly but…[Read more]

]]> 4f380313cc0556aca4fce3196c1b00cd micah replied to the topic Quantity Surveyor in MEL?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4381678-quantity-surveyor-in-mel/#post-4526231 Mon, 15 Aug 2005 02:20:57 +0000 Hi, My name is Erik Reurts and I have an investment property in Quakers hills. My QS report was done by Deppro (www.deppro.com) and I have been very impressed with the quality. Hope this helps!

Erik Reurts
Micah Finance Solutions
02 4737 8956
0416 179 876

]]> 6e993525d536db556785f6d6f919470c micah replied to the topic Equity in the forum Finance https://www.propertyinvesting.com/topic/4381667-equity-12/#post-4526165 Mon, 15 Aug 2005 02:04:29 +0000 Spi,
The concept you are using is correct. Available equity is value minus existing loan. In reality you will have less available (otherwise the bank is giving you 100% finance) You can get very close to 100% though, depending on which lender you use.

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