https://www.propertyinvesting.com/members/newbi2/activity/ Activity feed for newbi2. Sun, 12 Apr 2026 16:05:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 108997248f8cbc6b3d2b81eca2ee0ea9 https://www.propertyinvesting.com/topic/4398615-mining-town-ip-for-first-timer/#post-4616215 Sun, 02 May 2010 02:29:43 +0000 Tom, Latest update (27th March 2010) for Moura is Belvedere has completed their prefeasibility. Looks like $700 million or so to be allocated for above ground infrastructure (roads, offices, loaders etc).  Lots of workers required for that. It is unknown at the moment if they will have a "camp" or use local accomodation, although I understand…[Read more]

]]> 871e253f006dd10929a25672e78fca3e https://www.propertyinvesting.com/topic/4397906-qld-mining-towns/page/2/#post-4611879 Sat, 01 May 2010 23:31:53 +0000 Benjamin Csikos wrote:
Well, looking at the median house prices in moura…. In a matter of a month, house prices doubled!Median house prices in may were at 215'000… and in july, the median price was 400'000!So, what makes you guys think this is going to boom… it looks like it already has, and since then, prices have fallen back to the 250…[Read more]

]]> 28cace63d7f0a4163d6af55a48b564ea https://www.propertyinvesting.com/topic/4397328-solar-hot-water-and-green-loans/#post-4609385 Mon, 28 Dec 2009 12:39:50 +0000 Just like to say I have applied for 3 of these. I am putting Solar hot water systems in 3 rental properties. All works very well. A bit of a delay in geting the report but I wasnt organised earlier anyway so no harm done. I did increase the rent in consultation with the tenant and after all is said and done, it costs me less than $2 per week!!!…[Read more]

]]> a27b124e8f3aba804f7cbb751e23583d https://www.propertyinvesting.com/topic/4397906-qld-mining-towns/#post-4611853 Mon, 28 Dec 2009 12:35:36 +0000 Hi Kelley,Just wondering what your thoughts are on the commencement of Belvedere? We had a rental sit vacant fot 5 months up there, and granted, it wasnt the prettiest flower in the bunch, but this was reflected in the price. Last time I was there, I did notice approval for a new child care centre. I see Ray White real estate has sold up and gone,…[Read more]

]]> 194b5f5145999bf14172401800f86e39 https://www.propertyinvesting.com/topic/4396737-i-lied/#post-4606581 Sun, 19 Jul 2009 22:55:36 +0000 who cares?

]]> 3b4acb3908f7ca63f1c79e495463ed28 https://www.propertyinvesting.com/topic/4396344-family-need-help/page/3/#post-4604567 Tue, 30 Jun 2009 02:29:33 +0000 Ozzra,You may also note that there is a history with a failed buisiness, an injury and no current income from employment. Having equity is one side of the equation, I imagine the problem was finding a lender who is happy to compromise on the servicability, particularly in the current environment where the equity position is variable upon a tough…[Read more]

]]> c59b52b6b1a21ece7e3469bc5cc34d6e https://www.propertyinvesting.com/topic/4396542-painting-over-a-rendered-interior-brick-wall-help-please/#post-4605564 Wed, 24 Jun 2009 10:35:50 +0000 The texture you describe I would call bagged rather than render. There a few products on the market that can be painited over this to achieve a flat surface but are quite costly. I looked at them for my current reno, and it will never be "smooth" like a gyprock wall, there will always be a texture to it. I would also be doubtful that 3 coats of…[Read more]

]]> 9fc37f375b199ba387b8828874fb98dd https://www.propertyinvesting.com/topic/4396344-family-need-help/page/3/#post-4604564 Wed, 24 Jun 2009 04:12:40 +0000 I have read this post with interest and am dissappointed with how quickly some have jumped to a conclusion of "scammer" "bluddger" and feeling that they had a right to express an opinion on the number of children that you have. I applaude you decision to regather yourself and start anew. In the current environment I feel yours will not be an…[Read more]

]]> cff0e4afbf9281f6b8017b1d0e79b3bf https://www.propertyinvesting.com/topic/4396489-whats-my-option-here/#post-4605318 Wed, 24 Jun 2009 01:02:12 +0000 At the end of the day at this point in time, even if you are not able to settle by the end of the financial year as by the request of the vendor, there is no alternative for them to find another buyer. Was there an ultimatium of buy it by the end of the year or no sale to anyone?, or was it a tactic to ensure settlement at a time optimal for the…[Read more]

]]> 8bbb197803dd81d592fdcf576baa91a7 https://www.propertyinvesting.com/topic/4396234-50-asset-purchase-bonus-small-business-tax-relief/#post-4604019 Thu, 28 May 2009 23:35:21 +0000 I found this"As an example of the benefit this provides, for a small business being conducted through a corporate structure, for every $1,000 of eligible asset acquired, the total tax deduction will be $1,500. A $1,500 tax deduction provides a tax saving of $450. Therefore the overall after tax cost of $1,000 acquisition would be $550."But I have…[Read more]

]]> 38cf58b3c159852b8c89422c151b0a9c https://www.propertyinvesting.com/topic/4396311-leaving-job-after-unconditional-approval/#post-4604392 Thu, 28 May 2009 22:56:04 +0000 Try and stick it out until the settlement goes through. Compare the pain of your JOB at the moment with the potential pain of changing jobs and having a late credit check from the bank and complications or refusal of the loan. Grin and bear it and consider it all part of the cost of investing. Besides, instead of quiting, you may get one of those…[Read more]

]]> 0036a190fa00388e794016eea4060424 https://www.propertyinvesting.com/topic/4396323-australias-cheapest-three-bedroom-houses/#post-4604431 Thu, 28 May 2009 22:48:15 +0000 Ah scoff as one will, I recall being in Tassie just prior to the original FHOG coming in in 2000. There were many instances of people being able to use the grant for almost the WHOLE cost of the house – yes, quite a few sales in the sub 10K bracket. These rented out at $50-$90 per week and we now see the as on this site, reselling around 10 times…[Read more]

]]> d949c9bf6b33a332246b9580cf760e30 https://www.propertyinvesting.com/topic/4396313-rock-and-hard-place/#post-4604403 Thu, 28 May 2009 22:38:26 +0000 Dont forget to put in context, the time the book was written. Whilst the information is an excellent resource, the market is different now to what it was then. Dont beat yourself up on your purchase. Look at it now and manage it to make it do the best it can.

]]> 2a80a2fb11e955baacf68a3f8e043f06 https://www.propertyinvesting.com/topic/4396261-australian-labor-party-discriminating-against-mum-and-dad-investors/#post-4604154 Sun, 24 May 2009 02:35:45 +0000 Oh and dont forget the health care benefits. I personally know a family with 3 children who are on unemployment benefits. Both work for cash in hand jobs. Between rental assistance, family payment and the dole they are quiet comfortable. The housing commision home is a 12 yo brick and tile and it roof is currently being replaced (go figure…[Read more]

]]> 2cceac54f15aa2db05b71d4364a1ed33 https://www.propertyinvesting.com/topic/4396269-centrelink-or-ex-employees-maybe-or-anyone-with-acreage/#post-4604196 Sat, 23 May 2009 23:50:42 +0000 Hi Duckster, do you have a link to these new rulings. I cant find one at the momentThanks

]]> 70ab1bddb6f5822078e3ea430f1de977 https://www.propertyinvesting.com/topic/4395964-why-self-manage-your-property/#post-4602264 Sat, 23 May 2009 23:44:42 +0000 I have one property self managed (close proximity) and the others with PMs (long distances away). I dont find the whole process to difficult, and yes I have had a tennant from hell, currently actually that I am self managing (soon to be evicted). I dont feel I screwed up, I had references from others PMs and work, rent was always paid, it just all…[Read more]

]]> 86569d8d20c5eb72d89d12646d3f9676 https://www.propertyinvesting.com/topic/4395997-declined-finance-because-of-remoteness/#post-4602421 Sat, 23 May 2009 23:38:10 +0000 Kailyn  what??????Do you think you are in the right place??????

]]> 37d98352575928aa2c8b88dc575a945b https://www.propertyinvesting.com/topic/4395347-is-granite-the-best-material-for-kitchen-benchtops/#post-4598985 Sat, 23 May 2009 23:34:01 +0000 I have built and lived in several new homes, 2 with granite and one with ceaser stone. Both looked great and functioned well, however, the ceaser stone (pale colour) did stain. I realise it is not supposed to, however, I can vouch that red marker texta does leave a pink shadow (thanks to a tiny tot!!!). My family loves doing craft at the bench,…[Read more]

]]> ae4dec4b4569332d5ded18b722f05885 https://www.propertyinvesting.com/topic/4396254-sheer-frustration-with-house-sale-and-with-cba/#post-4604115 Sat, 23 May 2009 23:24:57 +0000 There seems to be 2 issues. Here is my suggestions based on what I have done recently.1. Inform the purchaser that there will be no further extensions and that settlent is to proceed with due haste or the penalty interest will be charged as per the contract they have signed. (I have seen "nice" vendors delay settlement, purchasers fall over,…[Read more]

]]> 1ba4149abd94cb3427ed13e5478b8394 https://www.propertyinvesting.com/topic/4395757-do-u-own-a-property/#post-4601190 Mon, 23 Mar 2009 02:05:11 +0000 yes

]]> af51fdb73657d43b993839a0d325d420 https://www.propertyinvesting.com/topic/4395729-unprofessional-bank/#post-4601100 Mon, 23 Mar 2009 02:03:25 +0000 I had a similar experience (also with the same bank) with settlement being delayed 17 days. I was selling so whilst I wasnt paying defaulkt interest, I wasnt getting the benifit of the interest savings on other loans. above all REMAIN AS UNEMOTIONAL AS POSSIBLE. all concerns and total up the amount you believe you are out of pocket. Word it as not…[Read more]

]]> a261e05822f256bd2c566ab10821d283 https://www.propertyinvesting.com/topic/4395562-pest-treatment/#post-4600146 Mon, 02 Mar 2009 13:38:39 +0000 And then again, in the area I live (regional NSW) I get a pest inspection annually, especially for termites. Also, when I had units in Newcastle it was also essential for an inspection annually. So it may be easy to inspect yourself, but it is also easy to overlook a problem and end up with both a heartache and a headache. Honestly, for the…[Read more]

]]> 993b4bed05c0c60bf2f63ba5f58c3a1b https://www.propertyinvesting.com/topic/4395287-any-comments-between-the-differance-in-value-of-information-on-this-site-and-the-investers-club/#post-4598572 Sat, 31 Jan 2009 04:17:24 +0000 Do a thread search on TIC on this site and summersoft and you will be able to gather quite a few opinopns on your question.

]]> a2ec13cdadeeef162c843c326a4dc3a5 https://www.propertyinvesting.com/topic/4395236-air-conditioning-worth-it/#post-4598336 Sat, 31 Jan 2009 04:00:15 +0000 no brainer – YES

]]> a7bd8b61e20b53228c5a2d47c8f47d26 https://www.propertyinvesting.com/topic/4395288-have-i-made-the-right-decision-very-nervous-exchange-of-contracts-before-final-finance-approval/#post-4598577 Sat, 31 Jan 2009 03:55:13 +0000 Oh dear, if you have waived you cooling off period and are unable to secure finance, my understanding is you would be in default unless you make some alternate arangement with the vendor. The fact that you have waived your cooling off also suggests that you did not have a finance clause in your contract. (Actually, in NSW that seems to be being…[Read more]

]]> ba9a0beb79434c2fe83421e64f7d0f8b https://www.propertyinvesting.com/topic/4395283-seeking-advice-on-unique-situation/#post-4598561 Sat, 31 Jan 2009 03:47:59 +0000 Natalie,Can I add something different to your thoughts. You mentioned that it is a home that you would like to live in in about 2 years and see yourself there for the next 8 or so years (taking it up to the "not sell in 10 years" comment). Without needing the details of your illness, consider if you would be able to raise a family in the…[Read more]

]]> 2bef3606ba02a2e0629d91face57387f https://www.propertyinvesting.com/topic/4395244-bill-gates-predicts-10-year-recession/#post-4598381 Wed, 28 Jan 2009 07:52:29 +0000 pardon my ignorance, but after India, China and Brazil  move into the western world finances (OK may take a while…) what countries back's are we riding then for our future prosperity?Obviously not an economist!!

]]> 069f3b4a05aaebd2772adf73add78129 https://www.propertyinvesting.com/topic/4395219-unit-vs-house-urgent-help-needed-am-considering-cancelling-the-sale/#post-4598198 Wed, 28 Jan 2009 06:00:40 +0000 How did it work out for you reality. Are you still in the contract or did you opt out. If you are this worried at the start, do you think you can sleep properly down the track?  Be careful not to spend all your energy on chasing the lifestyle and miss out on life itself.Hope it all works well for you,CheersMick

]]> b59539800dd13129f409c15af3531fea https://www.propertyinvesting.com/topic/4395200-cheap-kitchen/#post-4598096 Sun, 25 Jan 2009 21:52:20 +0000 I recently got quotes for essentially the same kitchen design (I drew it up). The quote I got were $16780, $14,900, and $7880. (These all included installation and a granite bench. My design was based on the Bunnings flat pack design grid and I also priced it up at BUnnings. Bunnings flat pack, DIY installation, and I would still need to get a…[Read more]

]]> 018b432b9315e27c90daa798919ef328 https://www.propertyinvesting.com/topic/4394864-young-and-keen-to-start-is-investing-for-me-yet-or-should-i-wait/#post-4596318 Fri, 05 Dec 2008 22:15:04 +0000 Hi Jarod,When we bought our first home (3bd townhouse for $85K), my other half was also doing a PhD and on a scholarship. i would strongly suggest that without the additional support of an income that you continue with your research and continue to save. Try not to put yourself in the position where you need to supplement your scholarship and as a…[Read more]

]]> 54999ec1f548ba33d26877430a15d6a7 https://www.propertyinvesting.com/topic/4394842-carly-crutchfield-home-study-dvd-course/#post-4596200 Tue, 02 Dec 2008 12:39:37 +0000 Feel free to PM me with the pricemick

]]> 64f9d9e9f3c8eeb0d6180f8d453449e9 https://www.propertyinvesting.com/topic/4394829-very-frustrated-buyer/#post-4596117 Sun, 30 Nov 2008 23:50:14 +0000 I agree, agents games. Without a great deal of effort he got you to say you could increase your offer by $10K. If you are serious about investing, sorry but the facts are there are costs associated with it and sometimes they are costs to find out what NOT to buy. Time, yes that is also a fact of investing.  Be prepared to walk away if the…[Read more]

]]> 72a199f3c0e7031ce09426b71e68c6ae https://www.propertyinvesting.com/topic/4391824-bowen-basin-qld-mining-towns-opinion-on-offer/page/9/#post-4579789 Tue, 11 Nov 2008 01:08:02 +0000 Hi Steve,I looked at Wandoan just over 12 months ago, with the same thought as you. I got the feeling that the mines have learnt this time around as most of the land for sale had already been purchased by the mines themselves and when I spoke to a few locals, the feeling was the mine was going to build their own workers accomodations. I dont know…[Read more]

]]> 34be082769750b897a2659b82b85f4b2 https://www.propertyinvesting.com/topic/4394701-starting-somewhere/#post-4595520 Tue, 11 Nov 2008 01:04:27 +0000 Zaz,Be careful about buying the cheapie in the tiny town. I am not saying it wont work, I have done that and it has worked, but that is in the past. I would investigate what the town has to offer and with the market quieting down, work out what you expect the land would sell for in a few years. I know there are no crystal balls, but for arguments…[Read more]

]]> 247364523cc5f5f1d771b53e86e016aa https://www.propertyinvesting.com/topic/4394665-arbitrage-sports-betting/#post-4595304 Sun, 09 Nov 2008 07:49:26 +0000 In a moment of weakness some time ago, I had a look at a similar "venture". It too offered "your money back – we garentee you will come out in front" When you looked more closely the fine print on the garentee was that you HAD to bet on each recommendation that you were given, if you missed only one then you voided your guarentee. I too thought it…[Read more]

]]> 3ceebf63df706ca1e4c092036ea88499 https://www.propertyinvesting.com/topic/4394594-need-help-selling-your-property-faster/#post-4594947 Mon, 03 Nov 2008 01:41:23 +0000 Hear hear Mark!!!! I am over agents trying to justify the huge expenses. I still maintain if the same work is carried out on the sale of a $250K property as a $450K property why should the commision be different? I think we have just accepted this culture as the way it is. I strongly support the new wave of commission structure (Virgo Parrerson…[Read more]

]]> 6054ccbd881511b7f9206cee6e5ae8ea https://www.propertyinvesting.com/topic/4375086-is-a-lease-within-a-lease-legal/#post-4483605 Fri, 31 Oct 2008 07:46:51 +0000 I am curious how stamp duty was not payable. Surely for the income/profit to be in your name then your name must be on a contract thus triggering stamp duty in your name. Terry, would you mind explaining how SD was avoided in your case. Sorry…. this is a new concept for me.Mick

]]> 50ca9323a75528404806275db75c614a https://www.propertyinvesting.com/topic/4391824-bowen-basin-qld-mining-towns-opinion-on-offer/page/8/#post-4579773 Fri, 31 Oct 2008 07:41:20 +0000 Hi Scott,I think you are refering to Belvedere and assume Tammy was also. They recently just had the leases approved for mining (as opposed to exploration). So it looks like if the demand remains there then the mine will be online in the nearer future than alot of people thought. I was approached to sell my rental last week. It is able to be…[Read more]

]]> 4b94b25791958e4d1937cfd9bc712340 https://www.propertyinvesting.com/topic/4394611-cheap-storage/#post-4595050 Fri, 31 Oct 2008 07:34:41 +0000 Hi Crashy,I recently hired a shipping container. It was delivered to my door ($100 each way), taken back to their depot and costs me $27.50 per week to hire. Had I wanted to I could have purchased a second hand one for about $2700 and had it stored at their depot for $5 per week, but I only needed it for 14 weeks.Hope that offers another…[Read more]

]]> e32fee9790e609f9820db8fb264b9f7b https://www.propertyinvesting.com/topic/4394580-australian-dollar-how-low-can-you-go-deal-or-no-deal/#post-4594883 Mon, 27 Oct 2008 01:28:30 +0000 49.9 – just because I am going over in May and I didnt get around to exchanging money when it was almost even. Not too scientific I am afraid.

]]> ef9b0db66d773094034471e18d67ec83 https://www.propertyinvesting.com/topic/4389501-qld-investing-dalby-chinchilla-etc/#post-4567272 Mon, 27 Oct 2008 01:25:41 +0000 I still maintian that Moura is a nice little town currently flying under the radar. You can purchase under $280K and rent for $450 + per week with potential to subdivide (if you can pick up in the right streets). New motel, new IGA all in the pipeline, new shops almost complete. Belvedere underground mine now have their mining lease, which is…[Read more]

]]> be0a810754993c9ffdb27e15f70fcb25 https://www.propertyinvesting.com/topic/4394560-what-is-the-conveyencors-charge-for-serving-vendor-with-notice-ro-rescind/#post-4594766 Thu, 23 Oct 2008 12:03:26 +0000 I had to recind a contract last year in QLD and from memory it cost about an additional $350 for them to draft it up. Remeber, anything additional to standard is charged at an hourly rate.

]]> 8a900d30300808cc0239ba16755a94a2 https://www.propertyinvesting.com/topic/4394519-i-buy-houses-fast-signs/#post-4594631 Wed, 22 Oct 2008 06:31:05 +0000 Maybe bikies are finding a new income stream???

]]> 93970a288c5ea405dcdde99ce163f3b5 https://www.propertyinvesting.com/topic/4394519-i-buy-houses-fast-signs/#post-4594626 Tue, 21 Oct 2008 08:09:39 +0000 leave a message saying you are desparate to sell your 1500m2 block with old house in great area before the bank steps in and see how quick you get a call back. The smell of fear and the sniff of a profit should bring them out of the woodworks.

]]> 7c3795bcfba3dac48f329b9f7829e5c4 https://www.propertyinvesting.com/topic/4394526-please-help-do-i-hold-or-sell/#post-4594653 Tue, 21 Oct 2008 05:07:04 +0000 Sarah,Dont forget that if you choose to cut your loses now and sell, you are still up for the stamp duty which in NSW has to be paid within 3 months of EXCHANGE – not settlement. This is not a comment on whether to hold or sell, just a reminder to factor in that cost NOW rather than later.CheersMick

]]> 51dea253df7f8fc0e55efed674b641b8 https://www.propertyinvesting.com/topic/4394454-regarding-new-fhog/#post-4594294 Wed, 15 Oct 2008 05:44:05 +0000 Although tough, a line in the sand has to be drawn at some point and someone will always miss out. They certainly did when the baby bonus came in. There were alot of babies born just after midnight on the first eligible day!!!!!

]]> 947d1b1ce723d5e1eef0ddf62f082c38 https://www.propertyinvesting.com/topic/4394435-430k-to-375k-drop-please-help/#post-4594120 Tue, 14 Oct 2008 05:36:40 +0000 So D,What are you selling?

]]> 64b53c3cfd362c228d29283a4a91871f https://www.propertyinvesting.com/topic/4394387-just-bought-in-a-mining-town/page/2/#post-4593707 Tue, 14 Oct 2008 05:30:54 +0000 There are other mining towns that fly below the radar that offer excellent returns off a much lower base. Try the lower bowen basin. Belvedere has just submitted applications for mining leases, previously they were only exploratory leases. This will be a massive underground opperation. Land currently being purchased for construction of a new IGA…[Read more]

]]> e1f54d928f5c2f20ab3ce2ff322a7f27 https://www.propertyinvesting.com/topic/4394340-agent-games-help/#post-4593415 Tue, 30 Sep 2008 21:37:42 +0000 Congratulations, I hope it all now goes somoothly for you.Welcome to the world of home ownership.Mick

]]> 4e8b8879e8004a2a3808564028aa5526 https://www.propertyinvesting.com/topic/4394260-property-2009-debate-crash-boom-or-stagnate/#post-4593055 Sun, 21 Sep 2008 09:54:31 +0000 Mate, that is a LOUSY invite!!! It would probably help your credibility to contact him directly rather than through the forum.

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