PropertyInvesting.com | Nooob | Activity https://www.propertyinvesting.com/members/nooob/activity/ Activity feed for Nooob. Sun, 12 Apr 2026 10:56:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8a321ff0a7bbe53eab0dfab4be2987bc Nooob replied to the topic Perth Suburb Selection in the forum Help Needed! https://www.propertyinvesting.com/topic/4407246-perth-suburb-selection/#post-4674515 Sun, 12 Aug 2012 01:58:16 +0000 Cross Bentley out of your list. High crime rate
Dianella and Morely (and inglewood) are all good suburbs but don't get too close to the Maylands boundary

]]> bc3cf111f717256b4666ba404a3759ef Nooob replied to the topic Commercial Property Seminars? in the forum Commercial Property https://www.propertyinvesting.com/topic/4406266-commercial-property-seminars/#post-4667052 Thu, 09 Aug 2012 03:11:40 +0000 Update:
I've tried to buy the book from Chris's website (hard copy or soft copy) and it didn't work
I found it here for 1/3 of the price:

http://www.propertybooks.com.au/how_investing_in_commercial_property_really_works

]]> f023ae0aebc99f653573fe1a6cce0b62 Nooob replied to the topic Commercial Property Seminars? in the forum Commercial Property https://www.propertyinvesting.com/topic/4406266-commercial-property-seminars/#post-4667051 Thu, 09 Aug 2012 02:55:18 +0000 I found this in another forum:

Quote:
… I take advice from an old friend who is a commercial property agent. The way that he does business is that he has a group of friends/investors (which includes himself) that set him up with a slush fund of about $100k. He'll look over a bunch of commercial property…[Read more]

]]> 50e860cd400dcb5f523867666b67f15d Nooob replied to the topic Property Strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4407282-property-strategy/#post-4674878 Wed, 08 Aug 2012 03:57:49 +0000 Every now and then leave everything you know behind and think free;

Let say I have a property that worth $20k and I sell it to you for $200k and you can rent it out for $10/week… and oh boy, it will double up in 7 years! you don't believe me look at price of the houses in the last 7 years (2005 to 2012)

Does it sound like a perfect opportunity…[Read more]

]]> bdcbbe6feecc608e0beb87b1c500793c Nooob replied to the topic Recovery from 2012 onwards in the forum General Property https://www.propertyinvesting.com/topic/4407228-recovery-from-2012-onwards/page/2/#post-4674422 Mon, 06 Aug 2012 06:51:21 +0000 Freckle
I was wondering what are you investing in during these uncertain times.

(I'm quit lost as I can see the bubble in the charts but I don't see any sign of deflation)

]]> 3515c6e5abf2b0177eb00b3d7fd81c67 Nooob replied to the topic Recovery from 2012 onwards in the forum General Property https://www.propertyinvesting.com/topic/4407228-recovery-from-2012-onwards/page/2/#post-4674419 Sun, 29 Jul 2012 13:39:59 +0000 Thanks Bardon
if you had the chance please read this book.
It is by Peter thorn hill and it is extremely powerful

]]> 951653e9f84c79e7a3a009786e54289c Nooob replied to the topic Recovery from 2012 onwards in the forum General Property https://www.propertyinvesting.com/topic/4407228-recovery-from-2012-onwards/#post-4674415 Sun, 29 Jul 2012 06:48:36 +0000 simple wrote:
…One can consider it as your personal INFLATION ADJUSTED savings account outside banking system… 

I couldn't have said it any better.I'm reading this book "Motivated money: You've invested well? Compared to what?" which I strongly recommend (I'll finish it by tomorrow).What it said is; gold, silver and property are all forms…[Read more]

]]> 7cd6939d7f6151147eb9aaf1bbf59fd5 Nooob replied to the topic Recovery from 2012 onwards in the forum General Property https://www.propertyinvesting.com/topic/4407228-recovery-from-2012-onwards/#post-4674412 Fri, 27 Jul 2012 15:29:47 +0000 I know that 99% of people here in this forum are pro properties and they would challenge this; but I think the foundation of oz economy is corporations.
government will do whatever it can maintain the affordability of house price but there is no such controls required for corporate shares.
I’m buying till it all crashes and then I buy more.

Have…[Read more]

]]> 0972d0a65e7c7b1583c111a8e234986f Nooob replied to the topic Recovery from 2012 onwards in the forum General Property https://www.propertyinvesting.com/topic/4407228-recovery-from-2012-onwards/#post-4674406 Thu, 26 Jul 2012 10:43:46 +0000 Yes BardonThe good news is that if you invest in the right property, even if you lose money in equity short term or long term, you'll still be fine.Also I believe that inflation will get worse as government can see that people are becoming cash hoarders, inflation is the government's weapon to push them to invest.This will artificially increase…[Read more]

]]> 8ee45b4d07c79e4f0bde9e4076388475 Nooob replied to the topic 2 WA Markets, Can't Chose Which One? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407220-2-wa-markets-cant-chose-which-one/#post-4674364 Tue, 24 Jul 2012 14:23:04 +0000 I'm with Luke in this case but if you had your mind all set for one of these two, then go for Rockingham.- It has a lot of big industrial corporations around including Rio Tinto, Leighton (SLC) etc and a lot of fairly large size corporation are working at Henderson which is close to Rockingham.- It is close to beach and 10 years down the track…[Read more]

]]> 2c08effcd3c29d5222e58cded68767d1 Nooob replied to the topic Direction Needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4407168-direction-needed/#post-4674063 Sun, 22 Jul 2012 15:31:49 +0000 If I were you my first step would have been talking to a savvy accountant and setting up a proper trust system while you are single.Just in case you got married and divorced again, you don't wanna lose everything.I know you are still hot and thinking I will never marry again but there is no harm in protecting your assets.BTW congrats on coming…[Read more]

]]> 2353c4d231b87de5423b4aaddf987dba Nooob replied to the topic looking at getting first investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/4407061-looking-at-getting-first-investment-property/#post-4673280 Thu, 19 Jul 2012 02:41:00 +0000 You bought a house for $430k and rent out the spare room for $670!!!I'd say rent all of your rooms and move out to a new one.This is a massive CF+ property, don't worry about any diversifying. buy the house next door

]]> 982d9476cc803cc1ded51dfa14e07a30 Nooob replied to the topic Shipping container homes in the forum Help Needed! https://www.propertyinvesting.com/topic/4407084-shipping-container-homes/#post-4673464 Fri, 13 Jul 2012 03:10:40 +0000 BTW, we are using them as office on the barges and we hired them with windows and door and everything from Coates Hire.I don't think I can rent it to anyone.http://www.coateshire.com.au/site-accommodation-hire/

]]> b7bd7f7d94af1b7d6b07477c63fba1ae Nooob replied to the topic Shipping container homes in the forum Help Needed! https://www.propertyinvesting.com/topic/4407084-shipping-container-homes/#post-4673463 Fri, 13 Jul 2012 03:00:55 +0000 Von Krumm wrote:
… AFAIK you don't need footings and as they are structurally sound …

That is not true. They classify as a light weight structure and they need to tie down to the ground properly in case of storms and strong winds. But the tie down systems are fairly cheap (less than $3k)I've been involve in construction of a lot of mining…[Read more]

]]> 2e479d658626c911bca61f5a5436ee6c Nooob replied to the topic Valuers in the forum Help Needed! https://www.propertyinvesting.com/topic/4407070-valuers-2/#post-4673361 Thu, 12 Jul 2012 23:37:53 +0000 Good on you Max CollinsIf you give us some ins and outs on how to approach this matter, we will be able to use your service and injecting more cash in your industry and businesses like yours.Here is an example.I found a property that it worth $500.Due to special circumstances I can buy it for $400.How should I approach the lender and use your…[Read more]

]]> 99143d13896db41778c8d4eee79842b7 Nooob replied to the topic Can't seem to crack first IP...maybe call in the pro's? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407074-cant-seem-to-crack-first-ip-maybe-call-in-the-pros/#post-4673388 Thu, 12 Jul 2012 05:06:27 +0000 Renel / Jasonlheath / SI'm also a new investor in Perth. I think it would be a great opportunity that we can all get together and share our knowledge and experience with each other as we go forward.Please let me know if you are interested.As for the offer:Robert Kiyosaki in his book "rich dad, poor dad" brought this example that he and his friends…[Read more]

]]> 947695118dea954beccd25331c7c860c Nooob replied to the topic Valuers in the forum Help Needed! https://www.propertyinvesting.com/topic/4407070-valuers-2/#post-4673354 Wed, 11 Jul 2012 08:55:47 +0000 There was an article in YIP (or API, can't remember which) about a bargain hunter who purchased the property subject to the purchase price remaining secret.I was trying to explain his method for a friend of mine and I couldn't find the damn magazine.There are clauses that you can use to keep the purchase price secret. Valuers sometimes looking at…[Read more]

]]> e61730bc463e35787b84709a537f0403 Nooob replied to the topic our experience with Homeloans in the forum Finance https://www.propertyinvesting.com/topic/4407030-our-experience-with-homeloans/#post-4673042 Thu, 05 Jul 2012 00:32:02 +0000 Found this info regarding the trust setup:http://www.propertybooks.com.au/family_trustsApparently it is not suitable for my case.I'll dig more…

]]> 2e9829c81c52c81829182d0b4b5379dc Nooob replied to the topic our experience with Homeloans in the forum Finance https://www.propertyinvesting.com/topic/4407030-our-experience-with-homeloans/#post-4673041 Wed, 04 Jul 2012 23:56:30 +0000 jnbThanks for your reply.Would you suggest any books regarding the corporate/trust setup and the taxing on the corporations that I can educate myself before I talk to an accountant?Thanks again

]]> e300742c0c8dbbf85a0821e40062ac29 Nooob replied to the topic our experience with Homeloans in the forum Finance https://www.propertyinvesting.com/topic/4407030-our-experience-with-homeloans/#post-4673038 Wed, 04 Jul 2012 11:00:01 +0000 Jnb
Please explain a bit more.
I’m extremely interested in this subject.

Please tell us a little bit about the benefits and down sides. How much did it cost to setup etc

Thanks in advance

]]> 73a7a82970658c2d9aa3f6f44a6195fa Nooob replied to the topic Can new homes or units be CF neutral/positive? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406912-can-new-homes-or-units-be-cf-neutralpositive/#post-4672222 Fri, 29 Jun 2012 08:25:20 +0000 I've heard this one about 2 weeks ago and I'm not sure if it is true or not;An investor told me that he purchased a unit near Perth (within the 10k diameter), "off the plan" and after 6 months when it was ready, it was CF+ by $100/week.I know that developers have to pre sale a percentage of their units to be able to secure their finance of…[Read more]

]]> 2c7e5e558f9ab1a042800796857b2321 Nooob replied to the topic Good Books in the forum Heads Up! https://www.propertyinvesting.com/topic/4406977-good-books-2/#post-4672638 Fri, 29 Jun 2012 08:06:09 +0000 Sorry I shouldn't have started a new topic. We already have one:https://www.propertyinvesting.com/forums/community/heads-up/6845

]]> 9de2b10a718fce53de6445b8e4ee059e Nooob replied to the topic Anyone Know About Student Accommodation Insurance? in the forum I've clicked on their case https://www.propertyinvesting.com/topic/4406955-anyone-know-about-student-accommodation-insurance/#post-4672563 Thu, 28 Jun 2012 00:56:37 +0000 I've clicked on their case study and the very first case will give you an idea about the cost:Mrs. Thomas has a property and had 5 tenants and herself living on the property under 5 individual leases… bla bla bla Existing Insurance policy cost $1027 Total cost of damage $250,000 Student Accommodation Insurance Policy with PBi cost $2750Thanks Jason

]]> 8f3438cfabf7445f5ddd2313dae4f53c Nooob replied to the topic The one percent rule in the forum General Property https://www.propertyinvesting.com/topic/4406881-the-one-percent-rule/#post-4672035 Wed, 27 Jun 2012 08:52:09 +0000 OK Kong is right;I've downloaded a cost to hold calculator from here:http://passgo.com.au/investment-property-analysis-tool.htmlI've practiced with different numbers and 1% rule is correct to make the property neutral. If the interest rate is 7% , you will require ~8% rent to make it neutral.Also on another one of this magazines the investor was…[Read more]

]]> fdc2648a0ffc8ab1c287424b6b0f0441 Nooob replied to the topic Sewerage pipes ...help please. Want to build a granny flat in the forum Help Needed! https://www.propertyinvesting.com/topic/4406111-sewerage-pipes-help-please-want-to-build-a-granny-flat/#post-4665727 Mon, 25 Jun 2012 02:33:31 +0000 Just from the engineering point of view:If your structure is going to sit on the sewer line you will require a piling mechanism to pass the load of your building to a layer deeper than the sewer.As a rough figure for a single level building you will require screw piles every 1.5m (on top of the sewer line only) and they will be roughly 3m long…[Read more]

]]> ba4da4fe3b9bd918d38a8d6621a6cc59 Nooob replied to the topic Strategy / Planning in the forum Help Needed! https://www.propertyinvesting.com/topic/4406819-strategy-planning/#post-4671562 Tue, 12 Jun 2012 03:58:41 +0000 kum yin lau wrote:
…* Your savings rate is VERY low if you only saved $20K on a 190K p.a. …

To answer this one; I've been working for a small construction company which their pay was 1/3 of what I'm getting now and I just moved to a bigger company (7 months ago).On the other hand I used to owe some money on my car and credit cards that I've…[Read more]

]]> 2fac844ff400abf17f9754a7026a8b27 Nooob replied to the topic Strategy / Planning in the forum Help Needed! https://www.propertyinvesting.com/topic/4406819-strategy-planning/#post-4671550 Mon, 11 Jun 2012 07:50:11 +0000 Thank you all for reading and special thanks to you who repliedJamieYou are 100% correct. I need a mentor but usually mentors are sooo successful that they don't need to help a noob.I've been in touch with Mortgage Choice but they were not interested in providing a strategy and I understand that it is not their field.I found one of these "all in…[Read more]

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