PropertyInvesting.com | Ozman | Activity https://www.propertyinvesting.com/members/ozman/activity/ Activity feed for Ozman. Sun, 12 Apr 2026 22:24:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 5c18cc388cb2462a8d40273cd1e72b80 Ozman replied to the topic Advice needed (first time poster) in the forum Help Needed! https://www.propertyinvesting.com/topic/4410097-advice-needed-first-time-poster/#post-4695256 Sun, 06 Oct 2013 15:32:58 +0000 Hi Cojocojo
I agree 100% with xdrew, do your own research and get to understand your area and potential market. While you are doing that, if possible, put the $60 000 in a loan offset account that will offset your interest on your loan and not add to your taxable income. Remember there is no rush and we are in unusual times in relation to interest…[Read more]

]]> 9e9306d4f04f94124f88d4de01898029 Ozman replied to the topic Brokers / Finance Providers Best Rate in the forum Finance https://www.propertyinvesting.com/topic/4410098-brokers-finance-providers-best-rate/#post-4695265 Sun, 06 Oct 2013 14:29:11 +0000 Qlds007 wrote:
Agree what a stupid question and one any decent broker would answer.

Cheers

Yours in Finance

Looks like you may have had a bit of a freudian slip there — look forward to any decent broker providing an answer.
Many years ago I was told by a very good professional "I would rather answer a thousand seemingly stupid questions,…[Read more]

]]> 4b7f225fe8f91ff1c8f5e1e0f6371ed5 Ozman replied to the topic Brokers / Finance Providers Best Rate in the forum Finance https://www.propertyinvesting.com/topic/4410098-brokers-finance-providers-best-rate/#post-4695264 Sun, 06 Oct 2013 13:02:54 +0000 Thanks for the reply Joe,
Jamie certainly looks like he has good client satisfaction on the forum. If he meets all your needs and if emails on a Sunday morning is the extra bit it takes for you, that's a bonus! Then again as you say, you only get what you pay for!
With money so cheap at the moment that interest rate of loans is the least of their…[Read more]

]]> 78e48f76f9495635d2c5ae65ba6b15b0 Ozman replied to the topic Brokers / Finance Providers Best Rate in the forum Finance https://www.propertyinvesting.com/topic/4410098-brokers-finance-providers-best-rate/#post-4695261 Sun, 06 Oct 2013 09:54:56 +0000 No not shopping at all, have an executive style 5 /3/ 4 settling this week close to Bris CBD.  I have done a lot of phone and email work but only seen photos and commissioned reports on it as I am currently in NQ. Purchased on prearranged finance / line of credit.

There have been a number of claims made that brokers will always get a better rate…[Read more]

]]> 7af5f89d01bb3b6a140cae830132e9f2 Ozman replied to the topic Searching for mortgage brokers who pay lenders' trailing fees to borrowers in the forum Help Needed! https://www.propertyinvesting.com/topic/4410072-searching-for-mortgage-brokers-who-pay-lenders-trailing-fees-to-borrowers/page/2/#post-4695109 Sun, 06 Oct 2013 02:02:56 +0000 It's not like the old days when everyone's standard variable rate was the same. A bigger discount doesn't necessarily mean a lower rate any more. It also depends on what else is being offered in the market at the time, as none of them like being beaten for good business. I know this answer seems evasive, but truly the only real answer is that it…[Read more]

]]> c27da41529e09208aa7ee545550a373d Ozman replied to the topic Searching for mortgage brokers who pay lenders' trailing fees to borrowers in the forum Help Needed! https://www.propertyinvesting.com/topic/4410072-searching-for-mortgage-brokers-who-pay-lenders-trailing-fees-to-borrowers/#post-4695102 Tue, 01 Oct 2013 08:08:52 +0000 Alister I agree that on the face of the information supplied they are not in a very strong bargaining position. They are certainly not in the Premier banking customer category and
the deal they can cut will depend who they bank with in this case. In the present financial climate first time buyers need to be looking at their figures very closely…[Read more]

]]> 2812f4ce4b0a0bf0897283b681796d6d Ozman replied to the topic Searching for mortgage brokers who pay lenders' trailing fees to borrowers in the forum Help Needed! https://www.propertyinvesting.com/topic/4410072-searching-for-mortgage-brokers-who-pay-lenders-trailing-fees-to-borrowers/#post-4695099 Tue, 01 Oct 2013 03:57:50 +0000 True, but if in doing their planning and figures and comparing their current bank rates to those advertised elsewhere they will be more informed, know where they stand and be better prepared to consider their options.

]]> 2d81c12d05eefd8af85108d23e35c01a Ozman replied to the topic Searching for mortgage brokers who pay lenders' trailing fees to borrowers in the forum Help Needed! https://www.propertyinvesting.com/topic/4410072-searching-for-mortgage-brokers-who-pay-lenders-trailing-fees-to-borrowers/#post-4695096 Tue, 01 Oct 2013 02:34:21 +0000 Your best option is going direct to lenders and try to negotiate a lower borrowing rate based you are not using a broker. you will need to have your planning and figures in order and laid out and being a long term client with good history will help your case

]]> ef14c7764cabebf6eed32c1a752526a5 Ozman replied to the topic QLD Property Management/Letting Fees in the forum Hi Bec https://www.propertyinvesting.com/topic/4403769-qld-property-managementletting-fees/#post-4648751 Mon, 30 Sep 2013 22:41:46 +0000 Hi Bec
Which state are you in?
If you are capable of learning the requirements of tenancy rules, you are in a prime position (200 m away) to manage it yourself. Get your local contractors lined up ( the same ones you would use for your home) and Develop a cordial but management relationship with your tenants and promote them letting you know of…[Read more]

]]> f8fafe9c08d15105eb379195ca588e2f Ozman replied to the topic QLD Property Management/Letting Fees in the forum Help Needed! https://www.propertyinvesting.com/topic/4403769-qld-property-managementletting-fees/#post-4648751 Mon, 30 Sep 2013 22:41:46 +0000 Hi Bec
Which state are you in?
If you are capable of learning the requirements of tenancy rules, you are in a prime position (200 m away) to manage it yourself. Get your local contractors lined up ( the same ones you would use for your home) and Develop a cordial but management relationship with your tenants and promote them letting you know of…[Read more]

]]> 011997f11e035110767bb255118d6eb8 Ozman replied to the topic Cash for a second home. Where would you go? in the forum General Property https://www.propertyinvesting.com/topic/4410048-cash-for-a-second-home-where-would-you-go/#post-4694899 Sun, 29 Sep 2013 21:28:56 +0000 Parliament house :-)

Jamie why would you even consider, it is full of people who are mostly hopeless with a 3 year tenancy agreement, that have never done any business in their own name. (no matter what their political leanings)

]]> 54f41683104846c01c935f257fd23954 Ozman replied to the topic Cash for a second home. Where would you go? in the forum General Property https://www.propertyinvesting.com/topic/4410048-cash-for-a-second-home-where-would-you-go/#post-4694897 Sun, 29 Sep 2013 03:55:10 +0000 A 20 m Power and sail cat converted to a home. Cruise the coast and stop and stay as long as you desire. carry a jetski couple of Tinnies bikes and Quad bike. Rent the PPR hire a manager to look after all day to day

]]> 684af042e9ca9019aed940d3f7d009b9 Ozman replied to the topic Insurance Builders, Johns Lyng? in the forum General Property https://www.propertyinvesting.com/topic/4410047-insurance-builders-johns-lyng/#post-4694894 Sun, 29 Sep 2013 03:41:35 +0000 I would not be too worried about the electrics, they will be done by a electrical contractor to Aus standards and should be signed off . I would assume you or the insurer will inspect and sign off on the job completion so you will have recourse to the insurer who will take it to the contractor.

]]> 638cf62f40f3831ae2ef691657b6ce6b Ozman replied to the topic Concrete patch and paint or resurface? in the forum Value Adding https://www.propertyinvesting.com/topic/4409441-concrete-patch-and-paint-or-resurface/#post-4691404 Sat, 28 Sep 2013 22:37:20 +0000 If you are only looking at 2 inches might be better to pave over it with nice paving patern also better where services are under.

]]> 8d4c1058d91689aa71eacbd6319bf109 Ozman replied to the topic Concrete slab vs stumps in the forum Help Needed! https://www.propertyinvesting.com/topic/4410006-concrete-slab-vs-stumps/#post-4694703 Sat, 28 Sep 2013 21:50:28 +0000 Depends on type of floor you are considering on the stumps but generally slab will be cheaper.

]]> 6ee2b53fd69f51fc81122174b4bef260 Ozman replied to the topic Buying PPOR and Negotiating in the forum Help Needed! https://www.propertyinvesting.com/topic/4410012-buying-ppor-and-negotiating/#post-4694720 Sat, 28 Sep 2013 21:31:03 +0000 Research prices paid (not advertised) for like homes in the area to base a fair market value Do inspections of it and other properties to further develop your valuation. It will invariably be below the starting price but don't be deterred. Decide on an absolute maximum you are willing to go to and lock that in your mind. Make sure you have…[Read more]

]]> 267261ba7841f0a99c93b0e75f81e33e Ozman replied to the topic QLD Property Management/Letting Fees in the forum Help Needed! https://www.propertyinvesting.com/topic/4403769-qld-property-managementletting-fees/#post-4648749 Sat, 28 Sep 2013 14:51:42 +0000 Having had a foot on both sides of the fence so to speak I find some practices do not value good tenants and you loose them because of agents pumping up their charges to the owner. As a landlord I have found that if you live in the area and are capable it is worth your while in recruiting and managing your own tenants. You can put the savings into…[Read more]

]]> 20214c02f13a9147686295c055a60c38 Ozman replied to the topic Galilee Basin - GVK; Hancock; Adani; Bandanna Energy in the forum Help Needed! https://www.propertyinvesting.com/topic/4409430-galilee-basin-gvk-hancock-adani-bandanna-energy/#post-4691322 Sat, 28 Sep 2013 13:11:39 +0000 I don't think you will see overdevelopment in the local towns in the basin, just support industry and local economy pick up from local employment etc.
The difference with this is that it is thermal coal used mainly for power generation and the Indian company will be exporting a lot of it for their own use as I understand it. That operation alone…[Read more]

]]> 3128aead8d9cae7ef17b51889bd2b9b7 Ozman replied to the topic Rockville -suburb of Toowoomba in the forum Help Needed! https://www.propertyinvesting.com/topic/4410056-rockville-suburb-of-toowoomba/#post-4694994 Sat, 28 Sep 2013 12:49:16 +0000 In talking with an agent in Toowoomba a couple of months ago I was told they are getting quite a lot of enquiries from people who are looking at retirement homes in Toowoomba. They can sell up in Brisbane at high prices and buy in Toowoomba and cash the difference. They are looking for the upper end in Toowoomba.
Climate wise its a great place to…[Read more]

]]> 5f48d166992b2e8797c26e023d39c5dc Ozman replied to the topic WARNING: Dual Living/ Granny Flat unapproved Duplexes- Brisbane City Council Enforcement Notices in the forum General Property https://www.propertyinvesting.com/topic/4408499-warning-dual-living-granny-flat-unapproved-duplexes-brisbane-city-council-enforcement-notices/page/2/#post-4684429 Sat, 28 Sep 2013 06:27:40 +0000 Thanks for that update Simon
We have a contract on a property with a detached  Unit / Granny flat so might make it a better deal.

]]> a4d119dec563eed177593350d4202c65 Ozman replied to the topic Complicated CGT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410062-complicated-cgt/#post-4695032 Sat, 28 Sep 2013 04:07:00 +0000 So my understanding is right Wilco1??
Will depend on which and when selling and what property. Things change again once in retirement as can tip some into Super.

]]> aae00e39084d5fb7532a60a5697ef87b Ozman replied to the topic Complicated CGT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410062-complicated-cgt/#post-4695030 Sat, 28 Sep 2013 02:41:17 +0000 Thanks members
YesDuckster,
I did buy another at about 18 months into the rental, bought a Rural Primary Production Block close to a city, I still hold this and all going well, will subdivide to rural residential blocks at a future date.
Our plan has been to buy PPRs that have good CG potential or development potential and build up a portfolio.
It…[Read more]

]]> 317370574cf67f77e3d5ce6faf6570da Ozman replied to the topic Rockville -suburb of Toowoomba in the forum Help Needed! https://www.propertyinvesting.com/topic/4410056-rockville-suburb-of-toowoomba/#post-4694992 Fri, 27 Sep 2013 14:27:44 +0000 Sorry Halfback but I have to agree. but if its IP and the ( real on ground ) figures stack up it might still be a reasonable option. Keep in mind the market price for the suburb and use the lower end figures for safety.
In Toowoomba the most popular  area is the Escarpment and the South Eastern Quadrant

Have a look around on Google Earth and you…[Read more]

]]> eaa8cb9f359a8bd357d0af4bad3bdca6 Ozman replied to the topic Complicated CGT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410062-complicated-cgt/#post-4695026 Fri, 27 Sep 2013 03:28:38 +0000 Thanks Wilco1
I have a better grip of its application now

]]> 80681e87b2be8dade425fd9aa1175758 Ozman replied to the topic Claimable Costs ? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410061-claimable-costs/#post-4695024 Thu, 26 Sep 2013 22:35:52 +0000 Thanks Terry
Given that being the case it may be better to allow them to stay for free although the reduction in return due to CGT would diminish by proportion over time.
2/26 when first exempt at 2 years as PPR  2/62of CGT at 5 Years PPR I expect?

]]> 5999699baeb3f0a10ec74ad9936b9598 Ozman replied to the topic Claimable Costs ? in the forum Yes Thanks Dave https://www.propertyinvesting.com/topic/4410061-claimable-costs/#post-4695023 Thu, 26 Sep 2013 22:21:06 +0000 Yes Thanks Dave
Also 2/12 depreciation of fitting / furnishings which are at a different depreciation rate than the prime asset so will have to value them and split from overall capitalised cost as well. How would repairs to the property undertaken during the lease be treated?

]]> 7aa9d289e687bf5f5f91f73ed2d7204e Ozman replied to the topic Maximum number of tenants under BCC? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409955-maximum-number-of-tenants-under-bcc/#post-4694411 Tue, 10 Sep 2013 01:54:57 +0000 Read this topic it explains most of your questions
https://www.propertyinvesting.com/forums/general-property/4347101
A single tenancy dwelling can only have one Tennant or Tenants in common not exceeding 5 unrelated persons
to change property use including new construction requires more investigation design to meet planning requirements and…[Read more]

]]> a27931cebbb4eaa01a42d36831443298 Ozman replied to the topic The plunge into the investment pool! Detailed read, but your guidence requested! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409974-the-plunge-into-the-investment-pool-detailed-read-but-your-guidence-requested/#post-4694533 Mon, 09 Sep 2013 22:14:20 +0000 Hi Robert
With respect to title ownership / trusts, the main object of the exercise is to containerise the investments so that one adverse event does not jepodise your entire portfolio.
Simply speaking, The trustee of the trust is a PTY Company so has limited liability. You as the owner on the other hand, are liable to the full extent and can…[Read more]

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