PropertyInvesting.com | mogul75 | Activity https://www.propertyinvesting.com/members/mogul75/activity/ Activity feed for mogul75. Sun, 12 Apr 2026 13:00:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8b436183c11cf7105aa68a0460afe28f mogul75 replied to the topic Investing in Whyalla, SA in the forum Help Needed! https://www.propertyinvesting.com/topic/4378238-investing-in-whyalla-sa/#post-4503756 Tue, 25 Jan 2005 18:08:14 +0000 By the way, I was looking at Pt Pirie a while ago, with +cf. Not sure if its still good. Also Roxby is supposed to be OK. Not sure about longer term though?

]]> 59ace82597f668d2f5457034e73159af mogul75 replied to the topic Investing in Whyalla, SA in the forum Help Needed! https://www.propertyinvesting.com/topic/4378238-investing-in-whyalla-sa/#post-4503755 Tue, 25 Jan 2005 18:05:11 +0000 I’m not sure what your experiences have been like, or what the demographic is like in Whyalla, but I urge you to get a good property manager if you buy it.

I will share an experience which has cost me about 60-70K in potentially lost capital gain. We bought a 3br semi in Elizabeth Gr in 1999, as a 1st invest property, for 34K. Rented it for…[Read more]

]]> 8b2140e71b6688c5c390f92f241f775f mogul75 replied to the topic developers start in the forum Value Adding https://www.propertyinvesting.com/topic/4377927-developers-start/#post-4501723 Mon, 24 Jan 2005 17:14:51 +0000 Resiwealth,

Arrogance will get you nowhere. We are here to learn not to be ridiculed.

]]> 7ed7aee60aa0c45382ccc2ff930f8268 mogul75 replied to the topic $100K in Equity. $80K in Bank. WHAT WOULD YOU DO?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378135-100k-in-equity-80k-in-bank-what-would-you-do/#post-4503077 Wed, 19 Jan 2005 04:13:04 +0000 Hi Michael,

I’m a big fan of Spann as well.

]]> ef00b8023057a220f11a2439ba88160b mogul75 replied to the topic Land Tax in the forum Help Needed! https://www.propertyinvesting.com/topic/4378121-land-tax-17/#post-4502977 Wed, 19 Jan 2005 02:27:26 +0000 From what I understand there are two ownership types: Joint owners (ie. married couples usually choose this), or tenants in common (ie. business partners).

With tenants in common you can apportion the ownership between the owners, eg. Tenant in common 1 owns 50%, TIC2 owns 25%, TIC owns 25%.

The suggestion in the post was to put in Tenants in…[Read more]

]]> 07f64e30a72eb1920c69654bc90e2ecb mogul75 replied to the topic Any Tips for selling an investment?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378129-any-tips-for-selling-an-investment/#post-4503023 Tue, 18 Jan 2005 15:43:36 +0000 I would love a spa if I was buying a house but I wouldn’t pay extra for it. No one misses what they can’t see, focus on making everything they can see look A1. Good luck, it sounds like you’ve done really well already.

]]> af1055a9b02a5e74594fc3dbcf9640a1 mogul75 replied to the topic $100K in Equity. $80K in Bank. WHAT WOULD YOU DO?? in the forum No Subject https://www.propertyinvesting.com/topic/4378135-100k-in-equity-80k-in-bank-what-would-you-do/#post-4503072 Tue, 18 Jan 2005 15:35:38 +0000 I know what’d I do with the first $1000. If you haven’t already buy yourself a good library of investment books and read them. I reckon question will answer itself for you once you’ve got the financial education.

You have a great head start so you must already be doing something right. I only consider my own experience so far to be called…[Read more]

]]> 73c1216b019cfa4b8c8988b8ca16c16e mogul75 replied to the topic Land Tax in the forum Help Needed! https://www.propertyinvesting.com/topic/4378121-land-tax-17/#post-4502975 Tue, 18 Jan 2005 15:00:21 +0000 Answering my own Question relating to changing ownership structure.

According to the SA land titles office it is just a registration fee of $98 per property. I think I better get onto a good R/E accountant to see what the tax consequences are.

]]> 87b6199863260003b72ab25c36829260 mogul75 replied to the topic Land Tax in the forum Help Needed! https://www.propertyinvesting.com/topic/4378121-land-tax-17/#post-4502974 Tue, 18 Jan 2005 08:04:00 +0000 Thanks for your input Clive. I will certainly take that on board. I can concentrate some investments in the Mildura area (I live in Adelaide) its only 4-5 hours away and there are two states either side of the river.

]]> cdac7014a38f0928a717a6d2fdb5e2fa mogul75 replied to the topic Land Tax in the forum Help Needed! https://www.propertyinvesting.com/topic/4378121-land-tax-17/#post-4502972 Tue, 18 Jan 2005 07:51:18 +0000 Nice one!! Thanks very much. 3 more questions.

Can you change ownership structure without selling to ourselves and paying stamp duty? How did you get around this one?

Can you remember where you learnt this?

Thanks again.

]]> 2ebee80d71ae8943e02245211c4f8a55 mogul75 replied to the topic Land Tax in the forum Help Needed! https://www.propertyinvesting.com/topic/4378121-land-tax-17/#post-4502970 Tue, 18 Jan 2005 07:13:47 +0000 Ok, it looks like SA is copping a worse deal than other states, but it seems that other states are still paying about 2% p.a. on larger property portfolios. This HAS to be CRIPPLING to positive cashflow. I haven’t read any of McKnight’s books yet, but a fari few on the subject of R/E investing.

Does Steve address this in his books? I am…[Read more]

]]> a18da3caf072072248ad516a19e9f0f2 mogul75 replied to the topic Experience with Defence Housing Authority? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378120-experience-with-defence-housing-authority/#post-4502961 Tue, 18 Jan 2005 05:56:28 +0000 I have lived in a DHA property. I have also looked into investing, but decided against. When I was looking, the prices of DHA properties seemed high compared to comparable houses in the area. I am guessing they are slightly inflated on account of the other advantages of being “hassle free”, they are also relatively new and should allow you to…[Read more]

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