PropertyInvesting.com | parraeels | Activity https://www.propertyinvesting.com/members/pankit/activity/ Activity feed for parraeels. Wed, 15 Apr 2026 07:13:48 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7a8932ac0f85138e8fc65a8c0568c670 parraeels replied to the topic Kings Langley, NSW Property Profile in the forum General Property https://www.propertyinvesting.com/topic/4999946-kings-langley-nsw-property-profile/#post-4999968 Wed, 04 Feb 2015 09:00:51 +0000 Kings Langley is already nice area. Wont change much I think Kings Langely has it own DCP so restriction on what you can and cant do. Due Sikh Temple prices are already gone up and it will keep going up.

]]> 22008600030a915bd0438792f0b4937d parraeels replied to the topic Subdivision and build 3 units? in the forum Help Needed! https://www.propertyinvesting.com/topic/4999508-subdivision-and-build-3-units/#post-4999526 Fri, 23 Jan 2015 10:15:22 +0000 Council approval cant cost between 20-30K relaying of which type of report need to prepare by experts (statement of environmental effects, stormwater, geotech, traffic, asbestos, noise etc).

Demolition can cost around 10K. Basic services cost 15K (sewer, electricity, water).

Not able to make comments on construction & landscaping costs.

Also…[Read more]

]]> dcef979510473306e250be0df8181739 parraeels replied to the topic Cross Collateral or Refinance in the forum Finance https://www.propertyinvesting.com/topic/4999387-cross-collateral-or-refinance/#post-4999420 Mon, 19 Jan 2015 09:29:32 +0000 Thank you Corey,

Your comments made perfect sense. Thanks for explaining in simple term.

]]> ca7dcf35f3a3d36ee7f58f2597c87ffe parraeels replied to the topic Development on PPOR in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4998365-development-on-ppor/#post-4999419 Mon, 19 Jan 2015 07:53:27 +0000 Once you demolished that PPOR you lost the CGT benefit and CGT will apply because ATO see this as business. 10% GST will also apply. DA can take lots of money and time if development is not straightforward. You need to add 10% money for unexpected issues. If your are not developer and doing it as daily business than you may not see much money in…[Read more]

]]> 46a807e2f2c27e877275eb93bd411c52 parraeels replied to the topic Adding Granny flat to potential IP in the forum Value Adding https://www.propertyinvesting.com/topic/4999388-adding-granny-flat-to-potential-ip/#post-4999418 Mon, 19 Jan 2015 07:42:54 +0000 Call Duty Planner or visit Council to see duty planner. They provide free advice of permissibility of the proposed development.

]]> cec43253e01d03b215a30e324e4bc52c parraeels replied to the topic Cross Collateral or Refinance in the forum Finance https://www.propertyinvesting.com/topic/4999387-cross-collateral-or-refinance/#post-4999404 Mon, 19 Jan 2015 04:52:37 +0000 Hi Corey,

Can you please explain it to me with example if possible.

Details below Offset – $80,000, Loan at PPOR 486,000 and Market Value is $650,000. IP loan required two x $ 400,000.

I was under impression that if I over pay my mortgage at PPOR and convert my home to IP in future whole loan will not be tax deductable. I have intension to…[Read more]

]]> 445017bbe2c59baa93841650df5cf089 parraeels started the topic Cross Collateral or Refinance in the forum Finance https://www.propertyinvesting.com/topic/4999387-cross-collateral-or-refinance/ Sun, 18 Jan 2015 07:36:29 +0000 Hi,
I am new to this forum and also first time going to buy investment property. I need some advice regarding structuring my loan.
This year I want to purchase two investment properties $400,000 each. I want to purchase one IP with cash available in Offset account($ 80,000) and another IP by using equity + cash if required.
I have PPOL value $…[Read more]

]]> 592fb2dd356ba740c1c3d930f1750043 parraeels became a registered member https://www.propertyinvesting.com/activity/p/304968/ Sat, 17 Jan 2015 11:55:03 +0000