PropertyInvesting.com | mitm | Activity https://www.propertyinvesting.com/members/mitm/activity/ Activity feed for mitm. Sat, 11 Apr 2026 20:20:30 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 051ff805a9b43b2891d11316821f9b80 mitm replied to the topic Cost of selling your own property in the forum Help Needed! https://www.propertyinvesting.com/topic/4387195-cost-of-selling-your-own-property/#post-4556484 Thu, 26 Oct 2006 02:41:59 +0000 I sold my Qld IP to my tenant. I just had to tell the solicitor how much, tenants name and address (dah) and his solicitors details.
He prepared the REIQ contract which tenant signed and handed over a deposit cheque made out to my solicitors trust account. Job done.

]]> 849e1d0254e1dd608e240f1b0bc910bd mitm replied to the topic The perfect tenant - raise rent?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4383923-the-perfect-tenant-raise-rent/#post-4539380 Wed, 25 Jan 2006 04:16:06 +0000 I agree with SS2306. Refinance while you both are working – this will give you access to your capital growth (read cash) to: buy the car, help make up for the loss of income/xtra living expenses, unexpected family expenses, contributions toward monthly PPoR repayments, pay for monthly interest bill for above.

You could do the above and keep the…[Read more]

]]> ca2198fba17da15282bcb57be62a03c4 mitm replied to the topic CGT applicable? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383096-cgt-applicable/#post-4534815 Tue, 08 Nov 2005 04:48:17 +0000 Shwing – the rear has the best view and is where I want to end up.
What if I built them both at the same time?
or what if I continue renting, build both, sell 1 then move into the other.

]]> 751ba9cf12ae1ef7a57ed17e5eb2d8ab mitm replied to the topic What is your gearing ratio in the forum General Property https://www.propertyinvesting.com/topic/4383074-what-is-your-gearing-ratio/#post-4534651 Tue, 08 Nov 2005 04:41:57 +0000 Total 3 prop = 65% lvr

]]> f2c024cb58f0c4a5695f942e8478d874 mitm replied to the topic R U nervous now about investing ... in the forum General Property https://www.propertyinvesting.com/topic/4383098-r-u-nervous-now-about-investing/#post-4534821 Tue, 08 Nov 2005 04:34:38 +0000 A bit spooked. Still you only make a loss if you sell. Or, you could buy todays blue chips like Ansett and T2. Oh, they’re gone. At least the bricks & mortar are still standing on my land.
Still, I had already booked a RE agent coming today to value & rent appraise my PPOR.
I was under the impression things may start heading up next year.
Funny,…[Read more]

]]> f4445f29501cd18d987d8cb7a5ae9c82 mitm replied to the topic Part Barter Exchange, Part Bank Finance in the forum Creative Investing https://www.propertyinvesting.com/topic/4380973-part-barter-exchange-part-bank-finance/#post-4521500 Fri, 01 Jul 2005 03:35:35 +0000 Thanks for your replies.
Subject area is Gold Coast, and Cabarita NSW.

I like the idea of buying T$ for cash at a discount. How would you go about that – direct from the Trade Exchange or from trade members?

]]> f100d87076e0a8859030cfdedb54ed01 mitm replied to the topic Name the BACKPACKERS in the forum No Subject https://www.propertyinvesting.com/topic/4378720-name-the-backpackers/page/3/#post-4506443 Tue, 07 Jun 2005 04:56:09 +0000 You mean bUckPUckers

]]> 89e5ceaca208f90e765c2e443cc7630e mitm replied to the topic LOC Loan or P&I Loan in the forum Finance https://www.propertyinvesting.com/topic/4380649-loc-loan-or-pi-loan/#post-4519277 Tue, 07 Jun 2005 04:41:06 +0000 Hi Cheryllee,
I’m going through the same process myself.

In my situation, and probably the majority of investors, is to keep all your loans separate – dont cross-collateralize the loans.
IP loans secured against the IP itself should be minimalist, no-frills, basic, low cost etc to keep your costs down.
Interest Only – keeps the payment amounts…[Read more]

]]> b244a4a5c900eff0d99fb86dec09abae mitm replied to the topic L.O.C. vs Basic variable with offset for PPOR in the forum Finance https://www.propertyinvesting.com/topic/4380589-l-o-c-vs-basic-variable-with-offset-for-ppor/#post-4518816 Tue, 07 Jun 2005 04:20:54 +0000 To The Mortgage Advisor or other informed contributors:
Originally posted by The Mortgage Adviser:
I would also talk to an accountant about buying your PPOR in a company or trust name so all your debt is deductible.

Let me know if you need further info.

Can you give me a brief overview.
My impression was that the Fed Govt was going to stop this…[Read more]

]]> 53bd716f1c9d7a20db4529504c8b5c35 mitm replied to the topic L.O.C. vs Basic variable with offset for PPOR in the forum Finance https://www.propertyinvesting.com/topic/4380589-l-o-c-vs-basic-variable-with-offset-for-ppor/#post-4518815 Tue, 07 Jun 2005 04:07:49 +0000 Originally posted by Mobile Mortgage:
As already mentioned an offset linked to the non-deductible portion of the split loan will give you the flexibility to pay down or preserve the debt,
And for those who still prefer to use an LOC, the above scenario would still be applicable if One portion of the split was an LOC

OK, I think I get it.
The…[Read more]

]]> 8380a8ad1bb183ac8cfee30096fcac4a mitm replied to the topic L.O.C. vs Basic variable with offset for PPOR in the forum Finance https://www.propertyinvesting.com/topic/4380589-l-o-c-vs-basic-variable-with-offset-for-ppor/#post-4518812 Mon, 06 Jun 2005 06:02:09 +0000 My understanding now is:
LOC are good for IP loan deposits & IP expenses secured against PPOR &/or Loan with offset on PPOR in case coverted to IP later.
Loans on IP’s absolute basic no frills lowest cost I/O. (except honeymoons)

Can a loan on PPOR be LOC with a split with an offset attached?

]]> 2137f209cbfad5066e2e64e875fe56a2 mitm replied to the topic Budgeting in the forum Help Needed! https://www.propertyinvesting.com/topic/4380587-budgeting-2/#post-4518787 Fri, 03 Jun 2005 03:43:58 +0000 I bought a copy a few years back when it first appeared on ACA.
I began to input my data and soon found that it was not so good for self-employed.
If you have a basic job with regular pay and expenses and your young just starting out with few expenses, it would be great.

Take this example. Just starting out, bought a house, filled it up with…[Read more]

]]> 562b0f77e2235e52ff27acfaf9cd739d mitm replied to the topic L.O.C. vs Basic variable with offset for PPOR in the forum Finance https://www.propertyinvesting.com/topic/4380589-l-o-c-vs-basic-variable-with-offset-for-ppor/#post-4518804 Fri, 03 Jun 2005 03:28:11 +0000 Originally posted by The Mortgage Adviser:
As you can see, I am not a fan of using a LOC when there is non-deductible debt in the loan portfolio.

Even with LOC splits?

Would the offset be setup with the personal portion, and the deductible portion have no offset?
Where would you draw from to pay deductible expenses?

I think I need a basic…[Read more]

]]> dd624e2ff9b9e39c6f344e8de020b3ad mitm replied to the topic Using Equity in SE QLD Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4380590-using-equity-in-se-qld-property/#post-4518821 Fri, 03 Jun 2005 01:59:50 +0000 I aggree with surreyhughes. What was the reason for buying and paying off the house for in the first place – to leave it to the kids?
Kids would be better off if they were given knowledge in their early years, as opposed to an assest in their later years.

Remember, if you are going to borrow money for a trip, you could also borrow money to pay…[Read more]

]]> 66747a6fe9d8a19eff7180fb6f8216e4 mitm replied to the topic using shares as security to reach 80% LVR? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380588-using-shares-as-security-to-reach-80-lvr/#post-4518792 Fri, 03 Jun 2005 01:14:49 +0000 Sounds like a double whammy. Future Gain from the shares and taking total control of the property.
Put the shares away in the cupboard until the property increases 20% and then release the shares as security.

]]> ee7455babc613530397f618c66769ec1 mitm replied to the topic Architect Designed Homes in the forum Help Needed! https://www.propertyinvesting.com/topic/4380094-architect-designed-homes/#post-4515026 Tue, 17 May 2005 03:54:16 +0000 When viewing project homes of various building companies, one particular display home salesman introduced us to the builders architect. His job was to modify the project home floorplans to suit the clients needs. This particular architect took us in his car to our new block where he got a feel for the situation including sun, neighbouring houses…[Read more]

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