PropertyInvesting.com | oneiricer | Activity https://www.propertyinvesting.com/members/oneiricer/activity/ Activity feed for oneiricer. Tue, 14 Apr 2026 16:05:45 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 048ac54c2e06654914112ba51275282e oneiricer replied to the topic Back to back rate rise in Nov-Dec in the forum General Property https://www.propertyinvesting.com/topic/4397454-back-to-back-rate-rise-in-nov-dec/#post-4610020 Wed, 07 Oct 2009 12:05:23 +0000 doesn't the RBA not have a meeting in Dec/Jan, due to holidays?

]]> 138c3cec9a0b4fbcf1550aafa37ffd43 oneiricer replied to the topic altering the contract price? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396028-altering-the-contract-price/#post-4602923 Tue, 21 Apr 2009 12:58:14 +0000 Hi,Just want to mention that with that list of repairs, I would be factoring an extra 2 weeks + 10% costs in case things 'go worth' (murphy's law)good work and congrats on getting out!Ken

]]> fb18653186c0c1c4bb32c889d54e6e41 oneiricer replied to the topic Buying houses with diamonds in the forum elkam wrote:skuz wrote: Gold https://www.propertyinvesting.com/topic/4395963-buying-houses-with-diamonds/#post-4602250 Fri, 17 Apr 2009 15:42:01 +0000 elkam wrote:

skuz wrote:
Gold or even silver on the other hand is straight forward. You just have to weight it and you know the value.

Hello skuzI wouldn't be too sure of that.  True story. Without going into great details the basic facts are that my girl friends husband thought he was being careful ( and clever ) when he accepted about 3…[Read more]

]]> 7ab543f7fff0995ab615044242bbd4e4 oneiricer replied to the topic interest rates to fall to 1% ? in the forum Finance https://www.propertyinvesting.com/topic/4396007-interest-rates-to-fall-to-1/#post-4602487 Thu, 16 Apr 2009 11:33:51 +0000 2% would be my wet dream come true. rates are likely to drop a max of 50 basis points only.i think the RBA will hold off for the next 2 round of meetings.

]]> 56cbe3c5cd65a98b58a79d58423356a3 oneiricer replied to the topic Why have an investment property in the forum General Property https://www.propertyinvesting.com/topic/4396006-why-have-an-investment-property/#post-4602481 Thu, 16 Apr 2009 11:32:09 +0000 Just a correction – I work in the super industry and am fairly certain that retiring baby boomers will not have a negative impact on super.if anything, there will be a positive impact.dont forget most baby boomers won't have large super savings due to the recency of the SG legislation.to the poster: if you cant give a stuff about investments,…[Read more]

]]> a61434f75e476bad62519b426d667ac2 oneiricer replied to the topic Cost of repairs/Maintenance in an IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4395979-cost-of-repairsmaintenance-in-an-ip/#post-4602336 Wed, 15 Apr 2009 10:15:05 +0000 $1000.00 a quarteR?!?!!? that is massive. besides, I thought as a land lord you only have to pay for the service charges relating to utility (i.e provision of electricty and water and gas, NOT the actual usage as that is chargable to the client)I guess you have a point about weatherboard houses.. maybe i'll look around for a brick one instead :)

]]> 1e4bde53b1e840a980b8b39450b32ded oneiricer replied to the topic Cost of repairs/Maintenance in an IP in the forum Thanks for your input https://www.propertyinvesting.com/topic/4395979-cost-of-repairsmaintenance-in-an-ip/#post-4602334 Tue, 14 Apr 2009 12:37:21 +0000 Thanks for your input Shales! Thats not too shabby. except the house I am planning to get is prob 1950 or something ancient and weatherboard to boot. So I should probably expect more huh?At the end of the day – it is an investment property. I wouldn't be going in and adding a spa, but I also have to make the place marketable and hospitable. So…[Read more]

]]> be6e44ac90158c0e41e1bf00c859a562 oneiricer replied to the topic Cost of repairs/Maintenance in an IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4395979-cost-of-repairsmaintenance-in-an-ip/#post-4602332 Tue, 14 Apr 2009 11:46:03 +0000 bump

]]> aad74032947014deb8b3854cfecdecea oneiricer replied to the topic Found Opportunity in the forum Help Needed! https://www.propertyinvesting.com/topic/4395967-found-opportunity/#post-4602279 Mon, 13 Apr 2009 00:34:36 +0000 haha, that sounds awesome. maybe you can negotaiate better terms that will involve free services from the strip club? :D

]]> ed31a6937b4cb181e6170b64a20b229f oneiricer replied to the topic Young first home buyer needs serious advice from experts in the forum Help Needed! https://www.propertyinvesting.com/topic/4395976-young-first-home-buyer-needs-serious-advice-from-experts/#post-4602310 Mon, 13 Apr 2009 00:30:51 +0000 Hi Mliew,I would suggest you do a cost analysis to see how much you will be paying should interest rates rise to 6%, 7%, 8% 9%, etc.The 5% wouldn't stay around forever, and judging by how much you earn, you only have roughly 1k a month after paying the mortgage.This 1k also has to include your cost of living. What if interest rates go up? WIll you…[Read more]

]]> ee6d5d405b5a698ccb70051422ca9f68 oneiricer replied to the topic How do I put in an offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4395882-how-do-i-put-in-an-offer/#post-4601910 Mon, 06 Apr 2009 12:27:29 +0000 Does anyone have any experience regarding putting offers in subject to:1) The current tenant resigns on for another 1 year lease from when his current lease expires?2) Have a look at the current records available to see if the tenant is a good tenant (i.e. did not go into arrears, doesn't call the PM if there is a bit of paint flaking off)I always…[Read more]

]]> e64611ae445b72a4ade732124918737b oneiricer replied to the topic Fear has took over! What should I do??!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4395651-fear-has-took-over-what-should-i-do/#post-4600696 Tue, 10 Mar 2009 11:12:31 +0000 Hi Nic,Im same age as you and our combined income is much less than yours! im also looking to buy an investment property, but if i were in your place, I would actually take things a bit easier.If you're planning to have kids in the close future (within 3 years), I wouldn't actually buy an IP. Firstly your partner will be out of work a year, and…[Read more]

]]> 76be06eab04ea4258aa2d721c8afdce9 oneiricer replied to the topic Whats the difference between... in the forum Help Needed! https://www.propertyinvesting.com/topic/4395568-whats-the-difference-between-2/#post-4600213 Tue, 03 Mar 2009 11:45:00 +0000 What happens if you move into your I.P and turn it into a PPOR? That effectively means your interest payments arn't tax deductible, so the ATO shouldnt give a rat's ass about how u use the withdraw facility?

]]> 6487a324574fdf7c81ff650e663f0d1e oneiricer replied to the topic Investing in Singapore (HDB Flats) in the forum Overseas Deals https://www.propertyinvesting.com/topic/4392850-investing-in-singapore-hdb-flats/#post-4585490 Sat, 12 Apr 2008 00:59:20 +0000 Hi Hasina,Thanks for replying my message. Would you mind if i ask you a couple more questions regarding investing Singapore? I am not from Singapore and a lot of what I know is second-hand information which can potentially be incorrect. I have looked quite throughly at the stats provided by the HDB board website (http://www.hdb.gov.sg) and have…[Read more]

]]> 2ffdf461c4f48b2a63b82c623b150ca9 oneiricer replied to the topic -=** Help needed for first deal in PI **=- in the forum Help Needed! https://www.propertyinvesting.com/topic/4390453-help-needed-for-first-deal-in-pi/#post-4572028 Sun, 12 Aug 2007 00:39:17 +0000 Hi, im new to the property investment game as well, but after reading through i thought i'd point out one thing that glared at me – Quote – " – Low vacant rate (according to local agencies)"I would double and triple check this.  Local agencies obvioiusly will tell you its a low vacant rate, especiall if you're an investor. check this out. What is…[Read more]

]]> 36184ec36a61710d4dcf1b8f72dbc3fa oneiricer replied to the topic New Starter - Hints and Tips in the forum Help Needed! https://www.propertyinvesting.com/topic/4390339-new-starter-hints-and-tips/#post-4571382 Tue, 31 Jul 2007 07:56:26 +0000 how much do you have saved up?

]]> 89b9a9a878f8dfd43b20c7f8d8a0bb25 oneiricer replied to the topic Cash Flow + in the forum General Property https://www.propertyinvesting.com/topic/4390147-cash-flow/#post-4570428 Thu, 19 Jul 2007 11:18:46 +0000 I was trying to imply that it is not 'sustainable' which is to say, there is an extent to which you can depreciate properties, correct?

]]> 3a98bbeb3b216dcbb2afeff7635a736a oneiricer replied to the topic Cash Flow + in the forum General Property https://www.propertyinvesting.com/topic/4390147-cash-flow/#post-4570411 Tue, 10 Jul 2007 09:11:15 +0000 its more like neither. putting enough of your cash into deposit isnt such a great idea as it means your cash on cash return will be significantly lower than puting in the bank. This just means that you're probably better off putting your money in the bank, earning monthly interest in it (risk free) than putting it on a house.Your second method…[Read more]

]]> 9946cb9844e7c9353151775eb191e27b oneiricer replied to the topic Why is Western Melbourne so bad? in the forum General Property https://www.propertyinvesting.com/topic/4390116-why-is-western-melbourne-so-bad/#post-4570232 Sat, 07 Jul 2007 09:54:53 +0000 Hey Beanie Monster,lol, i guess we've just misunderstood each other. i knew you weren't critising me at all; i just believe you when you said a lot of people snubbing the west. but logically, if you think about it, places such as narre warren and berwick, which is more than 30k south east of melbourne, house prices are very high. i would think…[Read more]

]]> 06fff9bddccca4186f377baed48a5415 oneiricer replied to the topic Why is Western Melbourne so bad? in the forum General Property https://www.propertyinvesting.com/topic/4390116-why-is-western-melbourne-so-bad/#post-4570230 Sat, 07 Jul 2007 03:01:47 +0000 i am definatley not snubbing my nose to the west; i was actually planning to buy my first IP near the west, as i don't have that much saved up and can only afford something thats cheap… currently the west is pretty good!

]]> bf9652a504bb923a05803061eef0ef47 oneiricer replied to the topic Magazine/Email subscription suggestions in the forum Help Needed! https://www.propertyinvesting.com/topic/4390003-magazineemail-subscription-suggestions/#post-4569607 Sun, 24 Jun 2007 08:10:08 +0000 your investment property? is it good? havnt seen it around.. maybe i'll subscribe to it!

]]> ae5b57ea4b93fb39679fe09e62c8fc43 oneiricer replied to the topic bed bugs - carpet bettles in the forum Help Needed! https://www.propertyinvesting.com/topic/4389880-bed-bugs-carpet-bettles/#post-4569166 Tue, 19 Jun 2007 12:48:36 +0000 just a quick question, how do you get 'wilful damage caused by pests'? its not like the pests delibratly WANT to cause damage… on the other hand, how can pests cause unwilful damage?

]]> f2b7d31634993713b29056304ca413d8 oneiricer replied to the topic Ripped off by Tradesman? in the forum Help Needed! https://www.propertyinvesting.com/topic/4389957-ripped-off-by-tradesman/#post-4569450 Tue, 19 Jun 2007 12:40:24 +0000 i might not be of much help, but my first impression is to check your contract you have with your PM. What does it say? Does it say you have to authorize repairs before paying for it? Does the PM have 'reasonable' power to make decisions that will cost you money? If you find that your pm doesnt have that power, then its up to the pm to pay.…[Read more]

]]> 4b87e6d66443a1b7dd9136743499fad4 oneiricer replied to the topic Bought a dud in the forum Help Needed! https://www.propertyinvesting.com/topic/4389954-bought-a-dud/#post-4569435 Tue, 19 Jun 2007 12:31:16 +0000 Hi Sarah,If you wouldn't mind, why dont you let people know around what suburb it is? This way you could ask for opinions from people who know the area and maybe can recommend tennants or 2.Another thing is explain the processes that you went through prior to buying your property. Let others what happened to you so you reiterate the lessons that…[Read more]

]]> dc2f67b2871e9646fa884083bbd9cc4a oneiricer replied to the topic Equity Loans & 40 year loans in the forum Creative Investing https://www.propertyinvesting.com/topic/4389925-equity-loans-40-year-loans/#post-4569342 Tue, 19 Jun 2007 07:20:09 +0000 Hey Richard,Thanks for replying. A few people have seen this but havnt done anything.The article doesnt say, but it looks like 40 year loans are both principal and interest. it wouldnt make much sense for a 40 year loan to have the same monthly repayments as a 20 year loan though.and i thought that the shared equity scheme was offered by more than…[Read more]

]]> eb7c5091ad24b812346cae35eda72234 oneiricer replied to the topic No Money Down / 2nd Mortgage in the forum Creative Investing https://www.propertyinvesting.com/topic/4389209-no-money-down-2nd-mortgage/#post-4565811 Sat, 16 Jun 2007 13:01:05 +0000 Just to butt in here, is this how it works?House: $100.00Bank will lend 80% of the value of the house.So now you have to make up for the short-fall of 20%.You go to the vendor/sellor, and you tell them "look, i only have $80 bucks, i don't have the deposit. However, i am going to rent your property to my client here which will generate an extra 10…[Read more]

]]> ee543e78528114caac3c644e73f2fea8 oneiricer replied to the topic Books for beginners in the forum Help Needed! https://www.propertyinvesting.com/topic/4389897-books-for-beginners/#post-4569194 Wed, 13 Jun 2007 09:33:28 +0000 steve's latest book is very new and very good. check it out.

]]> 35b8aefe7cd9c232289196f1720e9946 oneiricer replied to the topic Analyse this deal: in the forum Help Needed! https://www.propertyinvesting.com/topic/4389892-analyse-this-deal/#post-4569185 Tue, 12 Jun 2007 12:23:37 +0000 Hi Chris,it is the advertised rental price. i would probably say this is opinion, which i will make further enquiries with the real estate agent involved in regards with this property. I will also be enquiring about the management fee.-Ken

]]> 20b56679b1085178165cbb15064c2ca2 oneiricer replied to the topic Did i get a good deal? in the forum ah, also i forgot to add, do https://www.propertyinvesting.com/topic/4389868-did-i-get-a-good-deal/#post-4569107 Sat, 09 Jun 2007 14:32:45 +0000 ah, also i forgot to add, do most mortgage companies allow the cost of the mortgage insurance to be added onto the loan, or is it an out of pocket expense?

]]> b3b30ebb6dbc6c92babd6dcc606cc756 oneiricer replied to the topic Did i get a good deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4389868-did-i-get-a-good-deal/#post-4569106 Sat, 09 Jun 2007 14:24:05 +0000 hey maxi,Thanks for the quick reply. So basically they are all online- you cant go into the store and 'speak' with them, its all online? Thats fine with me, especially if it means less monthly repayments. and i just quickly saw that the variable rate is only 0.03% lower than the fixed interest rate- sounds like its definately worth a go, its…[Read more]

]]> a7b0ebc2a93cee102fba61e9acca3993 oneiricer replied to the topic Did i get a good deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4389868-did-i-get-a-good-deal/#post-4569104 Sat, 09 Jun 2007 13:56:56 +0000 millions wrote:
Members Equity have 7.44 fixed for 5 years with no fees. I'd be fixing for alap.

ALAP? you mean asap? this brings me to another question.. do investors tend to use fixed interest rates or not?

]]> 02b6944d9411b00ed4da8940d72c7387 oneiricer replied to the topic young investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4389854-young-investor/#post-4569016 Fri, 08 Jun 2007 07:37:08 +0000 TanyaBlack wrote:
Hi there The first thing you should do is write down some goals and formulate a plan around that. Ask yourself: Why do you want to invest? What sort of returns are you wanting to achieve? Are you investing for capital growth, cash flow or tax purposes? (You can invest for a couple of those reasons and you will probably…[Read more]

]]> 81a8356f58a728cb42f56b9d64834715 oneiricer replied to the topic Property Investing 101 - Advice needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4389808-property-investing-101-advice-needed/#post-4568824 Fri, 08 Jun 2007 05:58:06 +0000 hey guys,As i promised, i took today off to do a little more research and have spoken to RAMS and HSBC regarding how much i can borrow. At first i was a bit disheartened to see the home loans officer lay out all these extra costs i didn't even take into account , as well as mortgage insuranceFirstly HSBC says that th mortgage insurance is an out…[Read more]

]]> ae6dc9d9b2d13809a8d5af550bc5c003 oneiricer replied to the topic Property Investment Advice in North West of Melbourne needed!!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4389839-property-investment-advice-in-north-west-of-melbourne-needed/#post-4568977 Thu, 07 Jun 2007 08:28:14 +0000 ^^ i suppose any news agent will have it?

]]> 1608842c5ab6199ac87c547aec944114 oneiricer replied to the topic Property Investing 101 - Advice needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4389808-property-investing-101-advice-needed/#post-4568819 Wed, 06 Jun 2007 10:54:17 +0000 Hi Paul,Its fairly achievable (i hope!!) and its currently my biggest goal in life.It is to create an investment porfolio that will mean by the time i am 30 (in 8 and a bit years) i will have positive cashflow of $1500.00 per month before working. No doubt this will be hard, but i am definately willing to try. One flaw i have is that i am not…[Read more]

]]> 430d046135757c0c1fbf4068778825a2 oneiricer replied to the topic Property Investing 101 - Advice needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4389808-property-investing-101-advice-needed/#post-4568817 Wed, 06 Jun 2007 08:43:25 +0000 Handy Andy wrote:
OH, it helps if I finish reading your comment…Advice:1. Start sorting out finance NOW.2. Find a good/reputable/cheap solicitor NOW.3. Get bank statements, wage statements, ID etc. together NOW!Good luck.

Hey Andy,Thanks a lot for your reply. Im thinking about what you've said, and am wondering, what is a good/reputable/cheap…[Read more]

]]> e6fc30465dbe981801835d65b6ea7a58 oneiricer replied to the topic Positive Cash Flow Properties in the forum Creative Investing https://www.propertyinvesting.com/topic/4389815-positive-cash-flow-properties-4/#post-4568849 Tue, 05 Jun 2007 12:42:04 +0000 Hey there Kellylock,Just wondering, what are 'some business'? i woudl love to get in touch with some of these businesses that help investors start.

]]> e0af5332d50bce8682efbf6325fcefa2 oneiricer replied to the topic Property Investing 101 - Advice needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4389808-property-investing-101-advice-needed/#post-4568813 Tue, 05 Jun 2007 12:35:12 +0000 Hey guys, thanks for the reply.I've checked out your website and have booked marked it :) A quick glimpse does show its fairly useful, especially the top 10 tips- i'll keep that in mind.Whilst i don't disagree with the view of research and education as the starting place, i feel i've been doing that too much. I need some ACTION. hence i am going out…[Read more]

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