PropertyInvesting.com | Mikey66 | Activity https://www.propertyinvesting.com/members/mikey66/activity/ Activity feed for Mikey66. Fri, 17 Apr 2026 16:11:27 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 5565ba47afef6a6f975b409354847fb0 Mikey66 replied to the topic Becoming a more sophisticated investor in the forum Help Needed! https://www.propertyinvesting.com/topic/5030145-becoming-a-more-sophisticated-investor/#post-5030157 Mon, 03 Oct 2016 05:59:46 +0000 HI Ethan

Thanks for the advice i think that’s a good idea just start calling around now without actually committing to anything for now

]]> 003dd2638f885d1b0d8e259f1e96f6e0 Mikey66 replied to the topic rural investment property's in the forum Help Needed! https://www.propertyinvesting.com/topic/5030124-rural-investment-propertys/#post-5030150 Mon, 03 Oct 2016 03:43:39 +0000 Thanks Ethan!

Yes that’s what i thought i was thinking of starting out with them because i don’t have much capital and also they have good cash flow returns to help build up more savings to invest in better more expensive property deals. So should i just rent them out as is for the property’s under 60-70k? because what i was thinking the…[Read more]

]]> 95ac0ab5c8cb8761311d457d2512b7ba Mikey66 started the topic Becoming a more sophisticated investor in the forum Help Needed! https://www.propertyinvesting.com/topic/5030145-becoming-a-more-sophisticated-investor/ Mon, 03 Oct 2016 01:12:50 +0000 Hi ALL,

I have been Studying property investment for the last 2 years understand this is not long.
I have read many book watched countless videos and webinars/seminars i have learned a lot about the theory of property investing and know that you can make money from positive cash flow subdivisions development Renos ect and become financially free…[Read more]

]]> af2fb71087e276dc4cbceb3c450b3a10 Mikey66 replied to the topic The True Power of an Offset Account in the forum Finance https://www.propertyinvesting.com/topic/4410311-the-true-power-of-an-offset-account/#post-5030143 Sun, 02 Oct 2016 06:34:34 +0000 Great post guys! I am trying to soak up all the information i can these posts are gold!

]]> 23f5ba114ec376dcf91e1c930190c883 Mikey66 replied to the topic rural investment property's in the forum Help Needed! https://www.propertyinvesting.com/topic/5030124-rural-investment-propertys/#post-5030129 Sat, 01 Oct 2016 09:11:25 +0000 Thanks Benny killing it with the information!
Thats the kind of stratergy i am looking into.
Also i see alot of rural property’s need renovation which can be a good thing to buy a problem and sell the soultion is it worth renovating property’s around 60-70k?

]]> 55eb0dcdd191f717f34d787feffd511c Mikey66 replied to the topic rural investment property's in the forum Help Needed! https://www.propertyinvesting.com/topic/5030124-rural-investment-propertys/#post-5030127 Sat, 01 Oct 2016 01:59:39 +0000 Thanks Tony!

My goal is to replace my annual income through positive cashflow property’s as fast as i can great tips much appreciated!

]]> 21a38da2cec9ae8c1489baef86544eac Mikey66 started the topic rural investment property's in the forum Help Needed! https://www.propertyinvesting.com/topic/5030124-rural-investment-propertys/ Sat, 01 Oct 2016 00:23:08 +0000 Hi Guys & Gals

I was looking for some cheap cashflow property’s and found a few in rural towns about 400km from melbourne CBD.I saw some property’s for around 65-70k renting around 140-150 a week this will be my first invest property so just want to know what you guys think?

Pros i can see if
Great cash flow.
Cheap to get in to only need 14k for…[Read more]

]]> a444c85cbdd42e4bebb72f8b94135ca7 Mikey66 replied to the topic LVR in the forum Help Needed! https://www.propertyinvesting.com/topic/5030052-lvr-5/#post-5030122 Sat, 01 Oct 2016 00:09:08 +0000 Yes it will be get excited

I did do the calculations including
Coucil rates
Water suppy charges
Insurance
Real estate agent fees for dealing with tenants

Still cash flow positiv Anthing else i missed? besides some maintenance costs here and there

]]> aeaca26518c58727c0119b99e92039f0 Mikey66 replied to the topic LVR in the forum Help Needed! https://www.propertyinvesting.com/topic/5030052-lvr-5/#post-5030082 Thu, 29 Sep 2016 22:33:36 +0000 Great insights guys loving it!

Ì was planning on buying a Postive cashflow property. I found a few where even if I used a 5% deposit which I won’t it will still be cashflow positive.Thanks again for all your help and thoughts!

]]> e19a362fdeb69acecc927093659e2aca Mikey66 replied to the topic LVR in the forum Help Needed! https://www.propertyinvesting.com/topic/5030052-lvr-5/#post-5030062 Thu, 29 Sep 2016 01:15:59 +0000 Thanks a lot guys!

Really informative and really like the calculator benny!

]]> 7cce450be9b02b240fce27709b1f5c94 Mikey66 replied to the topic LVR in the forum Help Needed! https://www.propertyinvesting.com/topic/5030052-lvr-5/#post-5030056 Wed, 28 Sep 2016 14:32:03 +0000 Thanks guys!

Seems like 88% LVR is the way to go so far.
Do you know how much LMI drops from 90% lVR to 88% LVR or where i could go to find out?

Thanks again.

]]> 9b0a74e320ba020f7bef701de8c92cd6 Mikey66 started the topic LVR in the forum Help Needed! https://www.propertyinvesting.com/topic/5030052-lvr-5/ Wed, 28 Sep 2016 13:50:21 +0000 Hi everyone,

First post love the forum and suprised how helpful everyone is.

I was woundering with investment propertys is there still 5 to 10% LVR loans anymore?

I want to buy my first investment property but saving 20% will take longer then i would like.

Thanks in advance

]]> 9c333b18f2dc17ffa8738c9ec1be1a11 Mikey66 became a registered member https://www.propertyinvesting.com/activity/p/349873/ Wed, 28 Sep 2016 06:46:19 +0000