PropertyInvesting.com | paulmeese | Activity https://www.propertyinvesting.com/members/paulmeese/activity/ Activity feed for paulmeese. Mon, 13 Apr 2026 07:55:28 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 38fbe0df6ea3ba56547a50b2491fc2c9 paulmeese replied to the topic best mortgage in the forum Help Needed! https://www.propertyinvesting.com/topic/4388562-best-mortgage/#post-4562872 Wed, 21 Feb 2007 14:34:38 +0000 Hi Cathy

Thats a fairly open question and you could get many a varied response,maybe if you defined your question down to a scenerio of sorts you might acheive what your after.

There is no best lender as it depends what best suits you

cheers

Paul

Paul Meese
Onyx Finance
paul.meese@onyxfinance.com.au
0412 850 820

]]> e1d4400245ab025c7602808c4f1dcbd0 paulmeese replied to the topic Interest Only Loans in the forum Finance https://www.propertyinvesting.com/topic/4388510-interest-only-loans-16/#post-4562608 Mon, 19 Feb 2007 10:45:28 +0000 I currently have interest only loans on all my properties that allow me to make extra payments and lump sun deposit with no penalty if required.

Why would consider Principle and Interest loans when you have a facility like this available to you

Cheer

Paul

I

Paul Meese
Onyx Finance
paul.meese@onyxfinance.com.au
0412 850 820

]]> ab88c7a02f5f0b8326c24042a2a60a18 paulmeese replied to the topic Making Multiple Offers in the forum Help Needed! https://www.propertyinvesting.com/topic/4388519-making-multiple-offers/#post-4562658 Mon, 19 Feb 2007 10:23:11 +0000 Not to state the obvious but you need to make an offer ,any offer so you have a platform to work from.
I would also suggest all offers are to be subject to finance,building and pest etc.

As you generally buy property for the long term does it matter if you pay 5 or 10 % to much now in ten years it will be irrelevant as the property will have…[Read more]

]]> 83a803abc0551b0735924fc006bd0cd0 paulmeese replied to the topic Advisors. in the forum Help Needed! https://www.propertyinvesting.com/topic/4388496-advisors/#post-4562536 Mon, 19 Feb 2007 10:13:19 +0000 If i had a lazy $1000 an Hour i would sit with Bill Zheng, he founded his Broker business Investors direct just over 4 years ago and has grown a client list well into the thousands, not bad for a guy that couldn’t speak of word of english when he arrived in Australia.

cheers

Paul

Paul Meese
Onyx Finance
paul.meese@onyxfinance.com.au
0412 850 820

]]> 814e872d59a036ace4848b9d41ac3f5b paulmeese replied to the topic Fixed v Variable? Thoughts ... in the forum Help Needed! https://www.propertyinvesting.com/topic/4388512-fixed-v-variable-thoughts/#post-4562640 Mon, 19 Feb 2007 10:00:04 +0000 All my loans and majority of my clients have variable on both PPOR and IP loans.

Our lender gives us an interest only product that allows us to make extra payments and lump sum without penalty, why would you want a principle and interest loan when you can still pay down your loan on this type of facility

Cheers

Paul

Make your money work for…[Read more]

]]> 44b02e6230ad0fe39b79d321042cfc7b paulmeese replied to the topic Business, Trust, Company etc... in the forum Help Needed! https://www.propertyinvesting.com/topic/4388495-business-trust-company-etc/#post-4562534 Mon, 19 Feb 2007 09:41:48 +0000 Hi Guys

I have a 2 page brief that outlines the different trusts and their uses it might be of some value to some of you.
If you send an email to paul.meese@onyxfinance.com.au i will send you a copy

cheers

Paul

Paul Meese
Onyx Finance
paul.meese@onyxfinance.com.au
0412 850 820

]]> 429320042b4dc51ce3723b24641c0754 paulmeese replied to the topic Passive income apart from property? in the forum No Subject https://www.propertyinvesting.com/topic/4386799-passive-income-apart-from-property/page/3/#post-4554692 Mon, 19 Feb 2007 09:27:35 +0000 Hi Guys

To all of you who are serious about creating wealth you would know that property is great for long term wealth creation but you also need to look at ways to generate monthly cash flow.

I utilise the share market , you can generate on average 2-3% per month writing calls against shares you own or you could look at trading CFD’s where it…[Read more]

]]> 0169cf8f4d53afce26b59ca5cb14e8cf paulmeese replied to the topic Starting out from scratch in the forum No Subject https://www.propertyinvesting.com/topic/4388502-starting-out-from-scratch/#post-4562560 Sun, 18 Feb 2007 10:08:40 +0000 Thats understandable you might disagree and promote your own company, i am merley offering some insight to the readers in to what many of my current clients have acheived and have a proven track record doing and increased their wealth significantly over the past few years
I to have a healthy client list of whom 80% are active investors and as a…[Read more]

]]> fa0faa16631eea475e8c4c9436e1d074 paulmeese replied to the topic Starting out from scratch in the forum Help Needed! https://www.propertyinvesting.com/topic/4388502-starting-out-from-scratch/#post-4562557 Sun, 18 Feb 2007 09:21:56 +0000 Hi Guys

As a Finance consultant and investor in both property and the share market myself you could talk to 20 people and get 20 answers.
For anyone who is starting in this game i beleive you should spend sometime attending a few wealth creation seminars that currently do the circuit, these seminars have created the foundation for many succesful…[Read more]

]]> 6c50fea9cf45aa51115e92c2cacbf981 paulmeese replied to the topic Investment Land Purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4386350-investment-land-purchase/#post-4552411 Fri, 04 Aug 2006 11:08:08 +0000 Do you know what it is valued at today

Paul Meese
Onyx Finance
paul.meese@onyxfinance.com.au
0412 850 820

]]> 5ac2e8989f5fe750b3a5360912750d99 paulmeese replied to the topic need to refinance my servicing apartment in the forum Finance https://www.propertyinvesting.com/topic/4386328-need-to-refinance-my-servicing-apartment/#post-4552297 Fri, 04 Aug 2006 11:05:27 +0000 i have been told by others that Bank west will do serviced apartments.

Paul Meese
Onyx Finance
paul.meese@onyxfinance.com.au
0412 850 820

]]> c4e7766de45547682a9c694d41e19716 paulmeese replied to the topic When can I refinance? in the forum No Subject https://www.propertyinvesting.com/topic/4386268-when-can-i-refinance/#post-4552095 Fri, 04 Aug 2006 11:03:11 +0000 The horse is named Friday

Paul Meese
Onyx Finance
paul.meese@onyxfinance.com.au
0412 850 820

]]> 7ea5b9f571eb3a9b4add6a2761549447 paulmeese replied to the topic anything i can do ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386341-anything-i-can-do/#post-4552356 Thu, 03 Aug 2006 12:54:59 +0000 You have $50 – $90k worth of equity depending on if you wish to utilise mortgage insurance plus they will take the expected rental as income.
You need to find out what your lending capacity will be so you can determine what price range to you are looking at.

Ring a broker and have them do the numbers for you, it’s free and they should be able to…[Read more]

]]> 9d86a821867350e6b0b414e59290d343 paulmeese replied to the topic How do you get Top Dollar Valuations in the forum Finance https://www.propertyinvesting.com/topic/4386336-how-do-you-get-top-dollar-valuations/#post-4552332 Thu, 03 Aug 2006 12:28:34 +0000 What you need to consider with valuations is that they generally are valuing based on what they presume you can sell that property for with in 30 days if required and they will look at what has been sold in that area over the last 12 months.
As far as valutions go we conduct pre application valuations for our clients prior to submitting an…[Read more]

]]> cc11282fa2d65e4e27ee433b4f374499 paulmeese replied to the topic Convert IP loan from IO to P&I? in the forum Finance https://www.propertyinvesting.com/topic/4386315-convert-ip-loan-from-io-to-pi/#post-4552248 Thu, 03 Aug 2006 12:13:01 +0000 It depends how you veiw it,a P/I loan will be a higher repayment which means more cash out of your pocket and you can’t claim any of the principle anyway
For eg a $300,000 loan on P/I @ 7.5% will cost $2097 per month and on interest only will cost $1875 per month so you are paying an extra $222 per month or $2664 per year.(not deductible).
Your…[Read more]

]]> 259f9c75fe4f35e58c1e28e292af1945 paulmeese replied to the topic Interest Rates in the forum Finance https://www.propertyinvesting.com/topic/4386324-interest-rates-17/#post-4552290 Thu, 03 Aug 2006 11:51:37 +0000 Hi Boatie

Just out of curiosity why are you looking to sell when you could look at refinancing those properties for minimal cost(as opposed to selling costs and capital gains)draw down on the equity release which you could then use to service the current shortfall in repayments and possibly buy more properties and be well on the way to building a…[Read more]

]]> e60244cbbd524553e81c3d15ad5dee20 paulmeese replied to the topic How to make money on selling land with deposit dow in the forum Help Needed! https://www.propertyinvesting.com/topic/4386265-how-to-make-money-on-selling-land-with-deposit-dow/#post-4552072 Fri, 28 Jul 2006 02:32:37 +0000 capital gains is all ways an issue if property is sold within 12 months,but i guess thats just part of the game.
I do beleive we paid stamps as well

Paul Meese
Onyx Finance
paul.meese@onyxfinance.com.au
0412 850 820

]]> d90a444ece60467e3e262b82cb3c6f24 paulmeese replied to the topic Fist post but interesting problem in the forum Help Needed! https://www.propertyinvesting.com/topic/4386221-fist-post-but-interesting-problem/#post-4551849 Thu, 27 Jul 2006 12:51:59 +0000 such a shame to have all that equity lazing around not working harder for you,have a look in to the share market and writing covered calls there are broking houses averaging 3% a month and better on your portfolio’s and they can margin on your money by 50% to give you more exposure.
For those who are risk adverse you are able to simply cover…[Read more]

]]> 3f3ad6b5b3cac7e56cbf4565bd7fdbb0 paulmeese replied to the topic When can I refinance? in the forum Finance https://www.propertyinvesting.com/topic/4386268-when-can-i-refinance/#post-4552087 Thu, 27 Jul 2006 12:19:22 +0000 This is unfortunately one of the pit falls of borrowing 100%,you might need to hold on until the equity has a chance to grow as most lenders will look at a 90% refinance or possibly even a 95% if it is a single debt refinance.

Paul Meese
Onyx Finance
paul.meese@onyxfinance.com.au
0412 850 820

]]> 7c98aeb90993c36b553fe1928afa1e1e paulmeese replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/3/#post-4548473 Thu, 27 Jul 2006 08:17:49 +0000 Hi to all

I attended a seminar recently for a prominent property developer/investorgroup and they offered us the following advice in regards to the property cycle and where we are at the present

Uptrend Brisbane,Melbourne

at peak West Australia , Darwin

Down trend Canberra,Adelaide

at the…[Read more]

]]> 0eeac127748bdff8c6f5ea69b91e265c paulmeese replied to the topic Best Direction For Good Revaluation in the forum No Subject https://www.propertyinvesting.com/topic/4386267-best-direction-for-good-revaluation/#post-4552084 Thu, 27 Jul 2006 08:01:10 +0000 Tim

You seem to be on track with your thinking normally a fresh coat of paint and a garden make over can make a huge gains.
As far as valuations go banks are been very conservative at the moment but you do have the option of having a valuation done prior to an application with certain lenders that will stay valid for 3 months so you can…[Read more]

]]> 307d09af985716d95d37eab89c1b468f paulmeese replied to the topic How to make money on selling land with deposit dow in the forum Help Needed! https://www.propertyinvesting.com/topic/4386265-how-to-make-money-on-selling-land-with-deposit-dow/#post-4552070 Thu, 27 Jul 2006 07:45:42 +0000 Hi Nicolette

It works well if you are in the right area, i live in the SE of Qld and in 2004 i brought 4 blocks of land contract price $88,000 for 1/2 acre fully serviced.
Required 5 % deposit due to title 6 months after purchase.
12 months later land finally titled and on sold 3 blocks for $125,000 and constructed on the 4th.
Thats $37k per…[Read more]

]]> f60ae35a042535f5e03ae2510c042ce4 paulmeese replied to the topic Please help me i want 2 buy 2nd inves. property in the forum No Subject https://www.propertyinvesting.com/topic/4386227-please-help-me-i-want-2-buy-2nd-inves-property/#post-4551873 Thu, 27 Jul 2006 05:10:01 +0000 Hi Kristine

If you can find a motivated vendor why not give him the price he asks(as he is expecting offer 10% below anyway) and ask him if he will leave 10 or 15% deposit in for you as this will reduce your upfront costs
If you can do it without a real estate agent involved there is more room for negotiating on the price
Remember there are no…[Read more]

]]> 5e3b540ffd15e4f5b08de43e2f73ab45 paulmeese replied to the topic Non bank Lenders Good or Bad? in the forum Finance https://www.propertyinvesting.com/topic/4385952-non-bank-lenders-good-or-bad/page/2/#post-4550760 Thu, 27 Jul 2006 04:16:37 +0000 Hi Zorge

As a finance consultant my self i am of the opinion that this game is all about relationships and what i as a broker/consultant can do for my client.
The bank ,interest rate and loan is not the most important issue as there really isn’t a bid difference between lenders and as i have found non bank lenders and wholesalers can be a great…[Read more]

]]> d7115bea4623a14e9697a3843aee5474 paulmeese replied to the topic Cash Flow Mortgage in the forum No Subject https://www.propertyinvesting.com/topic/4386233-cash-flow-mortgage/#post-4551902 Thu, 27 Jul 2006 04:05:34 +0000 Frini

As a investors direct client i also attended the seminar and on initial overveiw the product looks very good as far as cash flow, i suppose my only concern is that if you property doesn’t maintain good growth you are eating in to the equity each year.
What this will do though if it takes off is start to generate some good competition within…[Read more]

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