PropertyInvesting.com | Originalsin | Activity https://www.propertyinvesting.com/members/originalsin/activity/ Activity feed for Originalsin. Wed, 15 Apr 2026 03:57:55 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7e1fb1a255c07f928e3540e005d16ad0 Originalsin replied to the topic The order of getting a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4371334-the-order-of-getting-a-property/page/2/#post-4454931 Sun, 07 Mar 2004 13:52:06 +0000 What I’m concerned about is this.

– The bank will want to inspect the place at some point to decide whether or not to loan you the cash to buy the place.

– The bank might say no.

– The contract goes unconditional two weeks after exchange.

– If the bank says no, and the time it says no is not within the two weeks, then clearly this would be a…[Read more]

]]> fe1f42e8e245119fc2f0cef642c96a36 Originalsin replied to the topic The order of getting a property in the forum No Subject https://www.propertyinvesting.com/topic/4371334-the-order-of-getting-a-property/page/2/#post-4454929 Sun, 07 Mar 2004 12:09:26 +0000 Thank you!

Not dead yet.

Lo there do I see my father.
Lo there do I see my mother and my sisters and my brothers.
Lo there do I see the line of my people back to the beginning.
Lo they do call to me, they bid me take my place among them.
In the halls of Valhalla.
Where the brave may live forever.

]]> 53f124439cb430245bd5a7eb3341242e Originalsin replied to the topic Subdividing in the forum No Subject https://www.propertyinvesting.com/topic/4371665-subdividing/#post-4457820 Wed, 03 Mar 2004 18:42:02 +0000 Thank you, Qlds007. So you can apply to subdivide a property during the settlement period then, I take it.

How long does it take to get approval to subdivide, usually?

Not dead yet.

Lo there do I see my father.
Lo there do I see my mother and my sisters and my brothers.
Lo there do I see the line of my people back to the beginning.
Lo they do…[Read more]

]]> 68a0b502ded9950a524982a8a6bdd1b7 Originalsin replied to the topic The order of getting a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4371334-the-order-of-getting-a-property/#post-4454927 Wed, 03 Mar 2004 07:40:32 +0000 Also, is the “inspection date” agreed on the contract at the end of the two week period, or is it at a later time?

Not dead yet.

Lo there do I see my father.
Lo there do I see my mother and my sisters and my brothers.
Lo there do I see the line of my people back to the beginning.
Lo they do call to me, they bid me take my place among them.
In…[Read more]

]]> f6bba55bff82bcc57ec4a7396c786eb6 Originalsin replied to the topic The order of getting a property in the forum No Subject https://www.propertyinvesting.com/topic/4371334-the-order-of-getting-a-property/#post-4454926 Wed, 03 Mar 2004 07:31:58 +0000 Thank you for your help.

I gather that the bank will want to inspect the property at some stage, to get a rough value of it and thereby ensure that it’s not lending you money on a lemon. Does this normally also happen within the two week period after exchange of contracts?

Not dead yet.

Lo there do I see my father.
Lo there do I see my mother…[Read more]

]]> 27e402d8a71a5f33dc3634063ceebbed Originalsin replied to the topic The order of getting a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4371334-the-order-of-getting-a-property/#post-4454924 Tue, 02 Mar 2004 05:32:01 +0000 Hi Judi.

I found your earlier post to PenguinJr to be very helpful and informative. I have some further questions, however.

Originally posted by judi:
Talk to a mortgage broker. Find out how much you can borrow.

Is this what is called arranging provisional finance? I take it that this is the step at which it’s a good idea to get written…[Read more]

]]> 8d3efe9c457d826797bbef193ed03894 Originalsin replied to the topic House and land package in the forum No Subject https://www.propertyinvesting.com/topic/4370383-house-and-land-package/#post-4447601 Wed, 14 Jan 2004 17:57:09 +0000 Originally posted by JohnO:
We have recently purchased a house and land package at Mawson Lakes (SA) and completion of building is Feb 2004, the total cost is $210,000.00. We have put in $30,000.00 and the average rent for this type of property in this area is $230 – $250 / week. This way negatively geared using the formula from Steve…[Read more]

]]> 2e89ab7082e7e0e74dd842665e06ebbd Originalsin replied to the topic city vs outback in the forum General Property https://www.propertyinvesting.com/topic/4370470-city-vs-outback/#post-4448153 Tue, 13 Jan 2004 11:47:53 +0000 I, too, am interested in regional investment.

My main concern is that a house in a small town might have a high vacancy rate. That would obviously be a real cashflow killer.

Does anyone know if there a method to determine the likely vacancy rate for a particular town?

Not dead yet.

Lo there do I see my father.
Lo there do I see my mother and…[Read more]

]]> 02722e25b536e71d91a8bd8e2f37cd5e Originalsin replied to the topic What would you have done? in the forum No Subject https://www.propertyinvesting.com/topic/4370479-what-would-you-have-done/#post-4448213 Tue, 13 Jan 2004 11:11:47 +0000 I would have laughed very loudly at him, asked why he didn’t buy it himself if it was such a great buy, asked if he was incompetent to judge a price since he sold it so cheap, asked if he could spell “leech,” then hung up on him.

The word “leech” certainly would seem to fit that man. I certainly would not want to do business with him. From the…[Read more]

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