https://www.propertyinvesting.com/members/mrsc/activity/ Activity feed for MrsC. Sat, 11 Apr 2026 22:32:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7659d1885624b0df3c2e62acfb37d69e https://www.propertyinvesting.com/topic/4405442-refinance-paperwork/#post-4660667 Sat, 24 Dec 2011 05:48:09 +0000 Thanks for your replies. I haven't received first statement from ANZ yet but i just called and spoke to their settlements team for the balance of legal fees and govt fees etc. I refinanced 4 loans with them so there was a few costs to check. Its all good now!

]]> 68f226163477b13ea448e180121745c2 https://www.propertyinvesting.com/topic/4405098-mortgagee-sale-offer-price/#post-4658314 Thu, 03 Nov 2011 08:15:44 +0000 No its not listed as 'expressions of interest' just straight asking price. But the agent has said they are taking written expressions/offers stating purch price, full names, finance approval terms, settlement terms etc to present to bank. I just thought it might b since its not a full contract write up. Anyways I hope to get some answers from the…[Read more]

]]> bb682926393e61267a5a8f09d5f98d9b https://www.propertyinvesting.com/topic/4405098-mortgagee-sale-offer-price/#post-4658312 Thu, 03 Nov 2011 07:23:49 +0000 Wisepearl, i think he will be presenting offers on the same day. Im in WA and its called 'expressions of interest' where we put it in writing but its not writing up an actual formal contract. Ive never done it before.Thanks for sharing your experience Andrew. That would be right with the banks! I have been given the 8 page special conditions that…[Read more]

]]> b9d14ea201073a6a7107e061411e44a7 https://www.propertyinvesting.com/topic/4405098-mortgagee-sale-offer-price/#post-4658309 Wed, 02 Nov 2011 23:47:13 +0000 Jamie, the agent has just said that he will wait for both our offers (and and others that come up) before submitting to the bank. Not sure how many they ask for as minimum or max?

]]> aebdc71745a702cda5c739dbe74f6465 https://www.propertyinvesting.com/topic/4405098-mortgagee-sale-offer-price/#post-4658307 Wed, 02 Nov 2011 21:06:30 +0000 Thanks for the advice. I will go with asking price only. I know that the the neighbour (other side of the duplex) viewed the property and the agent has said that they are organising finance to put in an offer. He said they are taking expressions of interest to present to bank. I just know there will be a lot of interest and offers after the 1st…[Read more]

]]> a9246e7e24cdc1b7edde8b246d00462c https://www.propertyinvesting.com/topic/4404996-1960s-house-reno-buildingplumbing-inspection/#post-4657655 Sun, 23 Oct 2011 00:58:17 +0000 Just had a thought, what about the mandatory RCD's before sale. Could that give me some assurance that the electricals were in sound condition?

]]> a478a4a2060db0c92bd23feb576798b8 https://www.propertyinvesting.com/topic/4404996-1960s-house-reno-buildingplumbing-inspection/#post-4657654 Fri, 21 Oct 2011 08:47:15 +0000 Thanks wisepearl!

]]> efc3af782026de4d84d0ba8b6a23e998 https://www.propertyinvesting.com/topic/4404996-1960s-house-reno-buildingplumbing-inspection/#post-4657650 Thu, 20 Oct 2011 04:58:43 +0000 Kate do u know roughly what it would cost to rewire whole house if your partner charged for it – just to get an idea for old house.

]]> c72a7173dda03de5842009bd04d18849 https://www.propertyinvesting.com/topic/4404996-1960s-house-reno-buildingplumbing-inspection/#post-4657647 Wed, 19 Oct 2011 05:21:59 +0000 Thanks for the advice Kent! I haven't put an offer in yet. I have a clause that says if there are major maintenance issues or substandard improvements i can terminate the contract, deposit repaid etc. Hmm should i add in about an electrical report/plumbing?Resicert looks great! the structural plus building inspection service is exactly what im…[Read more]

]]> 1d97b22b3f26b89ff3c5291181d88ff3 https://www.propertyinvesting.com/topic/4404987-what-annoys-you-about-property-management/#post-4657557 Wed, 19 Oct 2011 01:58:38 +0000 Scott you guessed it! yes in a regional town.

]]> 89d3a4735679db7bef081483a12c66b6 https://www.propertyinvesting.com/topic/4404987-what-annoys-you-about-property-management/#post-4657555 Tue, 18 Oct 2011 13:15:48 +0000 Derek wrote:
Off the top of my head PMs who1. Forget they are employed by the landlord and not  the tenant.2. Are  not proactive in rasing rents & attending to maintenance requirements.3. Are not in regular touch with landlords. (LLs should also be proactive on this too)4. Allowing tenants to go periodic5. Being reluctant to get quotes for w…[Read more]

]]> 35bfdd7b82f737e8ba54f21011d427bd https://www.propertyinvesting.com/topic/4404996-1960s-house-reno-buildingplumbing-inspection/#post-4657644 Tue, 18 Oct 2011 09:10:29 +0000 Thanks Kate, any chance they are in Perth? Ive used building inspections before on purchases but they didnt go into plumbing, wiring stumps detail.

]]> c2d3c5fa14faa9b5e958845d9b25db91 https://www.propertyinvesting.com/topic/4404269-renovating-in-outer-suburbs/#post-4652649 Mon, 25 Jul 2011 06:01:43 +0000 Thanks. Its all coming down to my budget, i can basically afford either a villa/unit in the inner suburb or a house in the outer area. Ive read and heard different views on unit vs house but seems that a renovation on a house (done well) gives more scope for upwards value than a unit. Catalyst were your reno's units or houses?

]]> 2927adc909c82399a3b4f2fa658e5d82 https://www.propertyinvesting.com/topic/4403495-cross-coll-purchase-of-whole-strata-4-units/#post-4646886 Sat, 30 Apr 2011 09:00:10 +0000 Thanks Terry, well i would like to know where agent got his info now.

]]> fac996345c52707d887be62ff15e8517 https://www.propertyinvesting.com/topic/4403495-cross-coll-purchase-of-whole-strata-4-units/#post-4646884 Sat, 30 Apr 2011 03:41:07 +0000 thanks, definately something to factor in. The sales agent has made a point of advertising the sale as coming with benefit of saving $$ on SD. But i definately dont want to believe that yet! need to investigate.

]]> 61022a50a7aee4b8eccde9d8b9dc4a01 https://www.propertyinvesting.com/topic/4403495-cross-coll-purchase-of-whole-strata-4-units/#post-4646881 Fri, 29 Apr 2011 23:55:54 +0000 terry is that even with the separate contracts for sale of each title? Im in WA by the way.

]]> dbef077586d929b9bda5bea28a1cf7af https://www.propertyinvesting.com/topic/4403495-cross-coll-purchase-of-whole-strata-4-units/#post-4646878 Fri, 29 Apr 2011 00:58:15 +0000 Ok thanks Richard. They are separate titles, seller just has condition of selling off all at once/together.

]]> 04405e549f3fa9e6670280328e1dc215 https://www.propertyinvesting.com/topic/4403453-trust-or-individual-name/#post-4646671 Mon, 25 Apr 2011 10:22:28 +0000 Thanks Richard, Terry.Double CGT? do you mean you dont get 50% discount when in trust? (sorry my lack of research is showing here) Also lack of income protection? I thought that was the reason for buying ppty in a trust in the first place…

]]> 1011fa69e6264edadc6fd3fa979d653d https://www.propertyinvesting.com/topic/4403453-trust-or-individual-name/#post-4646668 Mon, 25 Apr 2011 01:06:23 +0000 Thanks Terry, this is the reason im considering trusts now as we look to purchase our 5th ppty however my husband is a high income earner and we prefer to keep negative gearing benefits, how do we get the best of both? Ive heard that Hybrid trust may provide this although the tax office is not keen on these and banks aren't either?? With credit…[Read more]

]]> 5da0be979483bb852cbf5feb1a236faa https://www.propertyinvesting.com/topic/4402446-partner-for-perth-investing-wanted-apply-within/#post-4639592 Wed, 12 Jan 2011 03:30:28 +0000 Hi Corey,Do you have a suburb/area in mind where you would like to purchase? In some perth suburbs you might actually be able to do a reno/subd deal with the $400k funds, on your own.

]]> 13691ed9e5328c0ad2791212ab68ec27 https://www.propertyinvesting.com/topic/4402245-loan-in-one-name-title-in-both-names-spouses/#post-4638511 Tue, 21 Dec 2010 02:26:31 +0000 The other point i noted is that when our accountant did my husband's 2010 tax return he didn't include a property we have in my name only (title) with loans in joint names.  Which is how we had been doing our tax before as well.

]]> 5cf886585bc3f06ce3b7bac8d6913092 https://www.propertyinvesting.com/topic/4402245-loan-in-one-name-title-in-both-names-spouses/#post-4638510 Tue, 21 Dec 2010 02:16:54 +0000 Thank you all for pointing me to the ato links. I thought as much!

]]> ef3fe3edbcc7424f7fb904d9f25a888c https://www.propertyinvesting.com/topic/4402245-loan-in-one-name-title-in-both-names-spouses/#post-4638506 Mon, 20 Dec 2010 12:37:18 +0000 Terry, no they are not but they say their boss who is also a qualified (maybe not practicing though) accountant has advised this! They have suggested that i go guarantee on the loan.

]]> bb4f946defbca570885c37a69c749310 https://www.propertyinvesting.com/topic/4401054-ikea-kitchen/#post-4630949 Thu, 02 Sep 2010 01:33:18 +0000 Well that is the other thing, the reno is for an investment property in a low socio economic area. I had quotes for cabinet makers and they came in around $5000 for a pretty small L shape kitchen. I thought i could save at least $1000 getting a Ikea or Bunnings kitchen installed with a tradesman. Only thing is the risk of it not fitting into the…[Read more]

]]> 974d155e3f14bd88701c46095fca7f20 https://www.propertyinvesting.com/topic/4401054-ikea-kitchen/#post-4630945 Tue, 31 Aug 2010 06:28:55 +0000 Yes that is something i was worried about – the pieces not quite fitting and then the hassle if it doesn't work out right. I have a tenant in the villa so i cant afford to mess them about.Thanks.

]]> c6bf9a0723350fcf3ed733e4c63b1de2 https://www.propertyinvesting.com/topic/4401021-investing-with-friends-legal-agreement/#post-4630807 Fri, 27 Aug 2010 06:16:49 +0000 Thanks terry and paul.Im in Perth, Any recommedationss for good Perth lawyers?

]]> ca0a202f3482426a1912807e68d76aa6 https://www.propertyinvesting.com/topic/4400692-cgt-calc/#post-4628844 Thu, 29 Jul 2010 01:13:02 +0000 Thanks. I think i will go down the accountant route.Following on from this, any views on whether the ITP's and H&R block people are any good for this? When i call other practicing accountants they bad mouth these organisations. But surely a lot of people still benefit well from their services…

]]> 554961d4d5ffbdb1d1876b3701dcd4fb https://www.propertyinvesting.com/topic/4400692-cgt-calc/#post-4628841 Wed, 28 Jul 2010 07:11:18 +0000 too complicated for diy?

]]> f08b1721c2ba2a8972d77605d13b7efc https://www.propertyinvesting.com/topic/4400437-final-inspection-demands-wa/#post-4627434 Fri, 02 Jul 2010 06:42:17 +0000 The thing im actually peeved about is we told our sales agent that we had a couple of lights that have never worked since we moved in and all he said was 'oh you will just have to get those fixed'We could have written those into contract as not working!!

]]> 5fa8692be23a0fad7e211fa56cadbb5b https://www.propertyinvesting.com/topic/4400437-final-inspection-demands-wa/#post-4627433 Fri, 02 Jul 2010 05:57:18 +0000 Kate i'll have to remember that one, great tip!

]]> 339e3abe2b2472384af1d05ae6cf9691 https://www.propertyinvesting.com/topic/4400437-final-inspection-demands-wa/#post-4627430 Fri, 02 Jul 2010 02:12:14 +0000  thanks everyone. Yeah i thought about asking a solicitor but it will probably nearly cost me the same. My husband has just said get it done for the sale – we will just know better next time!

]]> fcc8de40ecd1330d62444ec12179e681 https://www.propertyinvesting.com/topic/4400352-contract-wa-subject-to-finance-under-substition-of-security/#post-4626907 Thu, 24 Jun 2010 13:34:14 +0000 Oh and we have actually provided the approval letter to real estate and settlement agents.

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