PropertyInvesting.com | Ollie | Activity https://www.propertyinvesting.com/members/ollie77/activity/ Activity feed for Ollie. Fri, 17 Apr 2026 09:21:21 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e60bf1385f2dcf1eafb5039e4aac68e6 Ollie's profile was updated https://www.propertyinvesting.com/activity/p/347435/ Mon, 15 Aug 2016 06:41:41 +0000 62aba83a53ce76cad4a7ac30dad3dbac Ollie replied to the topic Paying down IP loan in the forum Finance https://www.propertyinvesting.com/topic/5008818-paying-down-ip-loan/#post-5008873 Thu, 18 Jun 2015 10:23:36 +0000 OK thanks guys for the advice. At the time of taking out the loan it had a good interest rate but I was unable to have an off set account. Not to worry, learn from your mistakes. I think the car can wait.

]]> b1004f337cf2e7279d1c1f360800b5a4 Ollie started the topic Paying down IP loan in the forum Finance https://www.propertyinvesting.com/topic/5008818-paying-down-ip-loan/ Wed, 17 Jun 2015 11:05:16 +0000 I have had my IP for nearly one year now and have paid down the loan by about 30k. Can I redraw on that loan to buy a car as the paid down amount was from my own savings?

Cheers
Ollie

]]> 3529f1993be13603ff00152148e76ef3 Ollie changed their profile picture https://www.propertyinvesting.com/activity/p/317304/ Thu, 11 Jun 2015 10:43:49 +0000 d846a057c1ef6bfc2dedd63547593966 Ollie replied to the topic Cleaning a Tile Roof in the forum Help Needed! https://www.propertyinvesting.com/topic/4382451-cleaning-a-tile-roof/#post-4994000 Mon, 25 Aug 2014 08:02:55 +0000 Hi Shawn,

I used pool chlorine mixed with water and worked pretty well. Just disconnect your down pipes to keep it on the property. If it is too established then you may have to get onto. The chlorine can be sprayed from the ground.

Cheers
Ollie

]]> f82427585b27fdea546930498fc7eaf5 Ollie replied to the topic Insurance in the forum General Property https://www.propertyinvesting.com/topic/4993923-insurance-27/#post-4993999 Mon, 25 Aug 2014 07:57:21 +0000 Thanks all, yes APIA have the product and was reasonably priced.

]]> 4301be1818a6a43276bc19bf27db67bc Ollie replied to the topic Insurance in the forum General Property https://www.propertyinvesting.com/topic/4993923-insurance-27/#post-4993938 Sat, 23 Aug 2014 10:43:07 +0000 Thanks Catalyst, I will do the ring around

]]> e72ce94ca164781b49891da4df7aaa72 Ollie started the topic Insurance in the forum General Property https://www.propertyinvesting.com/topic/4993923-insurance-27/ Fri, 22 Aug 2014 09:54:19 +0000 Can anybody tell me if there is an insurer that has landlord, home and contents and public liability insurance in one cover or do I have to do individual policies?
The property is in NSW

Thanks Ollie

]]> 878addf3b45bc3b8ef7e1d2641f18fc9 Ollie replied to the topic Self managed super funds in the forum Help Needed! https://www.propertyinvesting.com/topic/4993095-self-managed-super-funds-4/#post-4993280 Thu, 31 Jul 2014 06:20:36 +0000 OK thanks guys. Thought as much.

]]> db197e6f5da1b910c722f0bf1355dcad Ollie replied to the topic Self managed super funds in the forum Help Needed! https://www.propertyinvesting.com/topic/4993095-self-managed-super-funds-4/#post-4993239 Wed, 30 Jul 2014 10:53:08 +0000 Just to tag onto this post, can you turn an existing IP into a SMSF?
thanks Ollie

]]> b45fdbe00f440efcb237d50be7747e40 Ollie replied to the topic First home owners grant in the forum Help Needed! https://www.propertyinvesting.com/topic/4992699-first-home-owners-grant-15/#post-4992711 Sun, 13 Jul 2014 05:05:27 +0000 Thanks Kenetic, great information and advice.

]]> 29bf2a7567cbcdc1b085eaefc3fb2c94 Ollie started the topic First home owners grant in the forum Help Needed! https://www.propertyinvesting.com/topic/4992699-first-home-owners-grant-15/ Sat, 12 Jul 2014 22:30:31 +0000 Can anybody advise me if the first home owners grant is available if you joint purchase a property? I’m thinking of helping my 19 year start in property investing and was considering a 50-50 purchase with hopefully him being able to access the first home owners grant? He has a good deposit but trying to keep his first mortgage down to a r…[Read more]

]]> 2fc6d2dcf1b9962c5992d19f4c63df85 Ollie replied to the topic 30 Day Settlement Questions in the forum Help Needed! https://www.propertyinvesting.com/topic/4991345-30-day-settlement-questions/page/2/#post-4991517 Mon, 09 Jun 2014 08:10:47 +0000 Yes doing it as my 13-14 income will be considerably higher than next years due to losing hours at work, otherwise I would just go the normal fixed rate
Ollie

]]> c27772ffed9a975a2c73de68ae13f030 Ollie replied to the topic 30 Day Settlement Questions in the forum Help Needed! https://www.propertyinvesting.com/topic/4991345-30-day-settlement-questions/#post-4991491 Sun, 08 Jun 2014 09:20:25 +0000 Thanks Benny, that would be good and would definitely take the pressure off. The accountant said needed to have the funds drawn down to accrue the interest. Well check again

]]> d6fb8b575d7a5313697e57f3b6f3bba2 Ollie replied to the topic 30 Day Settlement Questions in the forum Help Needed! https://www.propertyinvesting.com/topic/4991345-30-day-settlement-questions/#post-4991448 Fri, 06 Jun 2014 07:22:41 +0000 I’m currently in this situation on a interest in advance loan trying to get it all sorted before July 1 due to my 13-14 tax advantages, it is doable as long as you get an unconditional loan agreement and the vendor is keen to off load the property?

]]> 348e70b050b645c54a106918bf6c4d3a Ollie started the topic Investment property software in the forum Help Needed! https://www.propertyinvesting.com/topic/4991076-investment-property-software-2/ Tue, 27 May 2014 22:10:22 +0000 I see in the forum that there are some recommendations for somersoft software for keeping track of the investment properties. Can anybody recommend any other property software that I can compare before spend my hard earned dollars. I’m a big fan of excel but would like a program that will do the hard calculations for me.

]]> 816b50513bfa83076339c9b668df81b3 Ollie replied to the topic tax question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4990967-tax-question-7/#post-4991075 Tue, 27 May 2014 22:00:50 +0000 Yes sounds right, off to the accountant on Monday to have it all sorted. My next big question is since moving in we have spent 120k on renovations so the house price has gone up is that included in the CG? I have kept all invoices just incase.

]]> 57f16ed40711808d9c43a1c85491e0bb Ollie replied to the topic tax question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4990967-tax-question-7/#post-4990988 Sun, 25 May 2014 21:02:02 +0000 Cheers, lucky I have kept good records plus living in it for 8 years will reduce the CG. Will be searching for a good property accountant today to help reduce my CG.

]]> e977f1f41be37a23297759b08e1ed5f5 Ollie replied to the topic Display home purchase in the forum General Property https://www.propertyinvesting.com/topic/4990941-display-home-purchase-2/#post-4990987 Sun, 25 May 2014 20:55:37 +0000 I think I will talk to an insurance broker before I commit. Thanks

]]> 5b7a1485eb6ccd21659912b98a10eced Ollie started the topic tax question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4990967-tax-question-7/ Sun, 25 May 2014 08:01:06 +0000 I purchased my ppor which was leased for 18 months before we moved in. We have lived here for 8 years and are thinking of selling. Is there a cut off time for CG?

]]> 4136ee06906c6afed7fb1f71fd032aff Ollie replied to the topic Display home purchase in the forum General Property https://www.propertyinvesting.com/topic/4990941-display-home-purchase-2/#post-4990950 Sat, 24 May 2014 21:07:05 +0000 Thanks guys, was considering moving into it when they leave.

]]> 164fd1ccd6c0cbe622467110a938f39a Ollie started the topic Display home purchase in the forum General Property https://www.propertyinvesting.com/topic/4990941-display-home-purchase-2/ Sat, 24 May 2014 08:50:40 +0000 Found a display home site offering a 2 year lease on a display home with a guaranteed 8.3 % return plus they pay rates water. There is also an option to extend for a further two years. Is this the norm? Or are there hidden traps that would make it seem not so attractive?

]]> ddcf7453d0a3487565c92d69bbdddf59 Ollie replied to the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/page/2/#post-4990719 Mon, 19 May 2014 06:14:53 +0000 Thanks Benny great thread
And JP for the offer of help.

]]> c114c19084891f010ade882607468b27 Ollie replied to the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/page/2/#post-4990707 Mon, 19 May 2014 03:17:52 +0000 Yes I think I will reevaluate my position. Was contemplating buying a duplex as it doesn’t have any strata and invest the rest into a managed fund that way I will diversify my funds ? Time to sit back and read and learn

]]> bd1355b01be617069e7c0bcf216a7632 Ollie replied to the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/#post-4990646 Sat, 17 May 2014 12:35:02 +0000 Thanks for the rethink Richard. Went back over my calculations to get my net yield and had made a small error but only increased the outcome slightly to 5.1%. But your comments have me wondering if the other property in a less then desirable street with a yield of 7.3% would be better? I’m yet to sign anything so not too late to re-evaluate.…[Read more]

]]> 8d130dff14bc601d22bfb330b8a6c397 Ollie replied to the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/#post-4990631 Sat, 17 May 2014 07:24:15 +0000 Thanks demkel

]]> 64db65a3378e0a668d849d804b3c65a9 Ollie replied to the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/#post-4990628 Sat, 17 May 2014 07:05:00 +0000 Thank you all for the knowledge and advice. I have decided to purchase my first IP instead of the managed fund option. I have placed an offer on a unit in a small complex which I believe has good capital growth. The rental yield after body corporate fees is in the low 4 % which I’m ok with as it is the capital and the chance to borrow against for…[Read more]

]]> b34c739cd71777e1125dd8c43f7e86fa Ollie replied to the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/#post-4990342 Sun, 11 May 2014 06:29:19 +0000 Thanks Steve
The book sounds like a good deal. Looks like I have some reading to do

Ollie

]]> 0156a973f6bafb6f91d1616b94072fdf Ollie replied to the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/#post-4990244 Wed, 07 May 2014 21:25:21 +0000 Hi Steve and thanks for the response

In response to the questions.
I’m trying to achieve a supplement income as I head to retirement. Not a huge income at present but hopefully in 10 years I might be able to achieve a reasonable amount. Hopefully the profit will be market driven. I can allocate one day a week to achieving my outcomes. My risk…[Read more]

]]> 8120a4460860afa65bb3400637ac7705 Ollie replied to the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/#post-4990228 Wed, 07 May 2014 11:37:13 +0000 Thank you for the responses. Would I be correct that when I search for a property it’s best to look at ones that over a 5 year period have shown minimal growth against one that is currently achieving a high 23℅ growth?

]]> 544d8906cb86d21ddb0f93dfe1361b01 Ollie replied to the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/#post-4990214 Wed, 07 May 2014 07:42:23 +0000 Thanks Jamie, basically I have about $800,000 in equity in my home but only earn about $750 a week in wages so just want to start building a portfolio in property for when I retire in 14 years time as my super is quite low?

]]> 98a1d2ed07855d53a2e28763dbd6608b Ollie started the topic positive versus negative investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4990210-positive-versus-negative-investing/ Wed, 07 May 2014 07:08:47 +0000 Hi all,
I’m newbie to investing and would gladly accept some direction on investing strategies. I own my home and have $300,000 to invest into property as not sure an investment fund has the same returns. The question I need the answer for is do I purchase just one property and have a positive geared investment or buy 2 and negative gear it? I…[Read more]

]]> e53107fd343e33dbc133f0bba6c70a29 Ollie became a registered member https://www.propertyinvesting.com/activity/p/289895/ Wed, 07 May 2014 06:31:20 +0000