PropertyInvesting.com | mjbluue | Activity https://www.propertyinvesting.com/members/mjbluue/activity/ Activity feed for mjbluue. Mon, 13 Apr 2026 05:43:41 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8235d6800d4ae635f126caa65421d6b5 mjbluue replied to the topic TOWNSVILLE- Investing in new house and land package in the forum Help Needed! https://www.propertyinvesting.com/topic/4405764-townsville-investing-in-new-house-and-land-package/#post-4662955 Sun, 04 Mar 2012 11:32:45 +0000 Hi G.J, what's the expected the rent on the property? Also interested to hear anyone's views on the supply / demand dynamics. With what seems substantial amount of land been released in North Shore, Ascot, Ras etc …will there be adequate demand drivers to keep vacancy rates down? Or would the alternative be to buy in established suburbs like K…[Read more]

]]> ca419348093e0c654bac49661e3c4ec0 mjbluue replied to the topic Insurance issue URGENT! in the forum No Subject https://www.propertyinvesting.com/topic/4386470-insurance-issue-urgent/#post-4552929 Sat, 10 Feb 2007 00:34:23 +0000 Do you mind sharing who the insurance broker’s contacts as I’m facing the same situation . Many thanks.

Mike

]]> d60bff5faa7cc2007d122f6336752e14 mjbluue replied to the topic Looking for LOC gurus here in the forum Finance https://www.propertyinvesting.com/topic/4385761-looking-for-loc-gurus-here/#post-4549768 Mon, 03 Jul 2006 13:18:10 +0000 hi mike.

I try to explain how I think it could benefit.

Say, LOC is used for investment purposes. For personal purposes you don’t draw down on the LOC as the interest is not tax deductible.

A savings account is maintained on the side of LOC to deposit salary and rent. Advantages are:

1) the savings account can be used to meet non deductible…[Read more]

]]> 8c6026231e300d742dee0dc87e069be3 mjbluue replied to the topic NAB Personal Banker in the forum No Subject https://www.propertyinvesting.com/topic/4385987-nab-personal-banker/#post-4550904 Mon, 03 Jul 2006 09:04:26 +0000 Thanks Richard. Do you mind sharing why NAB’s LOC (portfolio facility) is weaker? I will probably need to give it more thought.

Cheers
MJ

]]> 04658a206b399dfdc939905d16aa34da mjbluue replied to the topic NAB Personal Banker in the forum Finance https://www.propertyinvesting.com/topic/4385987-nab-personal-banker/#post-4550902 Sun, 02 Jul 2006 03:58:30 +0000 Great. Thanks for the contacts. Are you aware if any of them also work in NAB branches in Sydney city?

Cheers
MJ

]]> 7ff0b13ccb2e1383089eeb7d9f84a457 mjbluue replied to the topic Looking for LOC gurus here in the forum Finance https://www.propertyinvesting.com/topic/4385761-looking-for-loc-gurus-here/#post-4549764 Sat, 01 Jul 2006 16:14:45 +0000 James, LOC is short form for line of credit. It is a flexible type of loan that allows you to draw down and repay at anytime.

Jess, I’m also looking for an LOC at the moment. I’ve been looking at similar products by some of the banks. I decided against ANZ because they don’t allow sub limits. I think CBA Viridian LOC and St George portfolio loan…[Read more]

]]> 6b6bd8ad67d4fd4b2597e83ada9459b7 mjbluue replied to the topic Commercial Property Loan in the forum No Subject https://www.propertyinvesting.com/topic/4385524-commercial-property-loan/#post-4547586 Sun, 21 May 2006 07:08:43 +0000 Thanks Anita, I will give him a buzz.

]]> fe119ddf9e019205f78f7c58ecad43ee mjbluue replied to the topic Commercial Property Loan in the forum No Subject https://www.propertyinvesting.com/topic/4385524-commercial-property-loan/#post-4547584 Sun, 21 May 2006 01:13:27 +0000 Hi Anita. Yes, please send me the contacts. Thanks.

]]> 648bdbe28f6617aad5159c4c2c7dd10a mjbluue replied to the topic Commercial Property Loan in the forum Finance https://www.propertyinvesting.com/topic/4385524-commercial-property-loan/#post-4547582 Sat, 20 May 2006 09:39:52 +0000 Thanks Richard. I will be in touch.

Looking at an office suite in Pymble, Sydney North Shore around $700k with rental yield of high 6%.

Roughly what sort of gearing level (LVR) and rate is possible for something like that. Thanks.

]]> 90ce915c6a905e4ce419d2e154fff257 mjbluue replied to the topic Corporate Trustee Benefits? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4385249-corporate-trustee-benefits/#post-4546384 Sun, 30 Apr 2006 05:05:51 +0000 The responses have been very informative, thanks!

Terry, you mentioned that there are a set of rules restricting the corporate beneficiary on lending (distributions) back to the trust which concerned me.

My understanding is that the loan from the corporate beneficiary back to the trust must not then be redistributed to the individual…[Read more]

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