PropertyInvesting.com | Pavv | Activity https://www.propertyinvesting.com/members/pavv/activity/ Activity feed for Pavv. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9434f933dfc607d2a0f8993dcb776d0d Pavv replied to the topic Custodian Wealthbuilders in the forum Help Needed! https://www.propertyinvesting.com/topic/4403265-custodian-wealthbuilders/#post-4645312 Tue, 05 Apr 2011 04:06:04 +0000 Went to their seminar last year, attended a small group session at their office and was turned off when I found out how they work.Basically 'Custodian Wealthbuilders' is just a marketing thing to get business. They're pretty much a developer. They buy a massive chunk of land, divide it up and sell house and land packages to their clients.  They…[Read more]

]]> 2277bc86791cb8dc41b2c206bba73801 Pavv replied to the topic Do banks typically lend money to cover subdivision costs ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402915-do-banks-typically-lend-money-to-cover-subdivision-costs/#post-4642866 Mon, 28 Feb 2011 05:15:41 +0000 I would also be interested to find out about this.

]]> 4a6b27585274445a1aaeb3b35304e457 Pavv replied to the topic How much is your real estate agent's commission? in the forum Help Needed! https://www.propertyinvesting.com/topic/4401281-how-much-is-your-real-estate-agents-commission/#post-4632369 Thu, 23 Sep 2010 03:01:35 +0000 Hi Bator.h,I'm currently selling in regional vic, fees are 3% + gst and advertising/admin is $600 + gst, but is only payable if/when sold.Seems like you are on the right track.

]]> 43ace60b148af401c04eb277f492e548 Pavv replied to the topic discretionary familoy trust to buy property before paying income tax? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400006-discretionary-familoy-trust-to-buy-property-before-paying-income-tax-2/#post-4624795 Mon, 24 May 2010 02:59:51 +0000 Hi Ben,I am no expert and can't fully answer your question, however you should be able to retain the 'distributed' income within the trust. When you distribute income its so you can pay tax on the income earned so whats left can stay within the trust to buy property as opposed to transferring to your personal accounts.As I said im no pro, you're…[Read more]

]]> 0fb544b37cc7a32d6d7160c61d2cf27b Pavv replied to the topic Ben VS the Dog in the River in the forum Forum Frolic https://www.propertyinvesting.com/topic/ben-vs-the-dog-in-the-river/#post-4623989 Tue, 11 May 2010 06:51:05 +0000 Haha gold!!!! Keep it up mate, you had me in hysterics

]]> 7388609dfe5d0fb6700e1a093f3a422d Pavv replied to the topic How NOT to put up a fence. in the forum Benjamin Csikos wrote:I https://www.propertyinvesting.com/topic/4399618-how-not-to-put-up-a-fence/#post-4622766 Wed, 21 Apr 2010 06:57:54 +0000 Benjamin Csikos wrote:
I nodded and smiled as I visualised wrapping a rope around my neck and going for a bungee jump. 

hahaah very funny!!! This line made me burst out laughing while at work…oops!

]]> 4bd362b620feac7a976e98b1e4fed2ab Pavv replied to the topic Extending into the garage or carport in the forum Value Adding https://www.propertyinvesting.com/topic/4399537-extending-into-the-garage-or-carport/#post-4622219 Fri, 16 Apr 2010 02:47:01 +0000 Hi Hughski,My parents did exactly what you have said but to their PPOR. They bought a 3bed brick house with double garage(separate roller doors) and built a wall blocking off half of the double garage with panels. The panels they used are installed with railing at the top and bottom and you just slide the sheets in! The room has two doors, one in…[Read more]

]]> 1c966d967a0b99f7b8d248f7c55acc85 Pavv replied to the topic Do I sell or hold on?? What would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398928-do-i-sell-or-hold-on-what-would-you-do/#post-4618014 Wed, 03 Mar 2010 01:50:32 +0000 ryan mclean wrote:
If i could subdivide then I would subdivide and sell off the land and use that money to reinvest in something else that is positive cashflow and would offset your losses on the current property. Or subdivide and sell both and then reinvest

Thanks for the idea ryan. I know of and have considered this strategy, however my…[Read more]

]]> ecf2d36926c5a9f3400f32a34ff28c18 Pavv replied to the topic Do I sell or hold on?? What would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398928-do-i-sell-or-hold-on-what-would-you-do/#post-4618013 Wed, 03 Mar 2010 01:24:45 +0000 maree_bradross wrote:
I am noooooooo expert, but if you reduced your loan to interest only, claimed your depreciation it would be worth while to hold imho

I know this can and does work in some situations….however the building is far from new so I don't think I would be able to recover all the holdings costs, and since any growth is minimal…[Read more]

]]> 06b474c20078bc60997c626afa5f3914 Pavv replied to the topic Do I sell or hold on?? What would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398928-do-i-sell-or-hold-on-what-would-you-do/#post-4618010 Sun, 28 Feb 2010 23:28:16 +0000 Hi maree,I have not claimed any depreciation. This was previously my PPOR and has only been an IP since the start of this year. I don't know that it would be worthwile getting a depreciation schedule done considering I am now planning on selling?

]]> d38e759587416f5ca2410e453119b796 Pavv replied to the topic Do I sell or hold on?? What would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398928-do-i-sell-or-hold-on-what-would-you-do/#post-4618008 Sun, 28 Feb 2010 20:17:40 +0000 Hi hleung and Terryw,

Thanks for the comments.

I’m sure there will be capital growth in the future, however my understanding is that it will take a long time. I lived there for nearly two years and as it is a small town its very easy to keep up with the real estate. I’ve looked at houses sit on the market for months and seen freshly renovated…[Read more]

]]> 190f06a7483c710b77113b53f491f039 Pavv replied to the topic Do I sell or hold on?? What would you do? in the forum sonyasal wrote:What would https://www.propertyinvesting.com/topic/4398928-do-i-sell-or-hold-on-what-would-you-do/#post-4618005 Sun, 28 Feb 2010 09:18:59 +0000 sonyasal wrote:
What would the figures be like if you changed the loan to IO?

Hi Sonyasal,If I refinanced the loan to an I/O on the existing balance and at the same interest rate the repayments would be approx $8880. The rent ($8580) just falls short of covering the repayments without taking into account other costs. I think its time to add…[Read more]

]]> 8b868dd1bf38d93aa1c9b497e603f76f Pavv replied to the topic Do I sell or hold on?? What would you do? in the forum mattnz wrote:If there is no https://www.propertyinvesting.com/topic/4398928-do-i-sell-or-hold-on-what-would-you-do/#post-4618004 Sun, 28 Feb 2010 09:13:24 +0000 mattnz wrote:
If there is no growth potential, there is no point having it negatively geared, (also known as making a loss). Sounds like you have already decided it is time to sell.

Hi mattnz thanks for your comment.I completely agree. As it is currently losing money and not in an area where I'm going to see any good growth in the near future,…[Read more]

]]> f600323ef0741de705daec98f3ce1aa6 Pavv replied to the topic Do I sell or hold on?? What would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398928-do-i-sell-or-hold-on-what-would-you-do/#post-4618003 Sun, 28 Feb 2010 09:10:20 +0000 patriotsoldier wrote:
Without knowing the complete picture, could you hold onto it and value add by renovating?ORas it is a bigger block, could you get approval for a second dwelling, like a modular house or a kit home, something basic that could be rented easily, this may turn it positive and give you a little capital growth along the way.Or…[Read more]

]]> 193528663e978ba1a1440d1966868993 Pavv replied to the topic Relocating - PPOR to Investment, Suggestions on Restructuring? in the forum Hi Richard, Thanks for your https://www.propertyinvesting.com/topic/4398219-relocating-ppor-to-investment-suggestions-on-restructuring/#post-4613759 Tue, 12 Jan 2010 12:31:59 +0000 Hi Richard,

Thanks for your comments, and sorry for the late reply! I will be looking to move the loan across to an IO with 100% offset in the near future, and setting up some sort of trust for further purchases.

Thanks again for spending the time to answer my question.

Cheers

Pav

]]> 40e22cc1cbde5ed6741f9910f293f5fc Pavv replied to the topic Offset Acccounts in the forum Finance https://www.propertyinvesting.com/topic/4396844-offset-acccounts/#post-4606975 Thu, 30 Jul 2009 06:17:32 +0000 Hi Nos1,My understanding of offset accounts…."an off set account on a an IP loan actually pays off any of the loan"No it does not pay off the loan balance. Its more like a savings account that (as the name suggests) offsets the balance of your loan when paying interest."does it just reduce the monthly repayment?"It reduces the amount of b…[Read more]

]]> 47d1c51ac88ce940ce45d0e5debddfd2 Pavv replied to the topic How do you find/choose a conveyancer or solicitor? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396778-how-do-you-findchoose-a-conveyancer-or-solicitor/#post-4606711 Thu, 23 Jul 2009 03:05:48 +0000 Hi Trev,.For me the first place I go to look for most things is the internet. What I find there is my first impression of the company/service etc. After this I would probably discuss with family/friends etc. and if they make recommendations I check them out on the internet for myself! I havn't opened a yellow pages book in years! Another idea…[Read more]

]]>