PropertyInvesting.com | Phil_2 | Activity https://www.propertyinvesting.com/members/phil_2/activity/ Activity feed for Phil_2. Mon, 13 Apr 2026 10:44:43 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 96107f4bc79b11b5b4f861e9560f0686 Phil_2 replied to the topic 12 month settlement in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4375107-12-month-settlement/#post-4483695 Tue, 27 Jul 2004 13:45:14 +0000 my dream ain’t a 4×2 dog kennel with my neighboures bed closer to me than the street!!!

]]> 5e0d9125cdd1ef44dc78d3fe372a0861 Phil_2 replied to the topic CGT ...again..... in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4374841-cgt-again-2/#post-4481542 Thu, 22 Jul 2004 12:36:04 +0000 So, when does the 12 mths start? When you buy the land or when you move into the house?

]]> 7be1662ca9aef157adc79dcb98e9afba Phil_2 replied to the topic Guys ~ Carry Out This Test => It Works in the forum Forum Frolic https://www.propertyinvesting.com/topic/4370991-guys-carry-out-this-test-it-works/#post-4452706 Wed, 04 Feb 2004 14:43:28 +0000 I got red spanner, WHAT DOES THAT MEAN??????

]]> 0a4e37871d9f183dfac1640c73fea43c Phil_2 replied to the topic Kalgoorlie in the forum Kalgoorlie https://www.propertyinvesting.com/topic/4371002-kalgoorlie/#post-4452791 Wed, 04 Feb 2004 14:07:47 +0000 Kalgoorlie is the heart of the goldfields.check http://www.reiwa.com.au

]]> 0401ca52cdb4ab6517351dd92ffbc853 Phil_2 replied to the topic to manage or not to manage in the forum General Property https://www.propertyinvesting.com/topic/4370825-to-manage-or-not-to-manage/page/2/#post-4451287 Tue, 03 Feb 2004 09:59:25 +0000 Thanks PK
is there any reason my current PM would have to stop me taking on the current tennent, given that they found them? Just don’t want any legal ramifacations.

]]> bd7d38face0fe76a8756cbcd108d4beb Phil_2 replied to the topic to manage or not to manage in the forum General Property https://www.propertyinvesting.com/topic/4370825-to-manage-or-not-to-manage/#post-4451283 Mon, 02 Feb 2004 02:46:11 +0000 thanks PK I already got the book. can I get the forms from the book at the newsagent too? Do I use the agreement form they sugest, will it stand up in court?

]]> a441ddd8e64deecbd08c909647f8bf2a Phil_2 replied to the topic any suggestions? in the forum General Property https://www.propertyinvesting.com/topic/4370932-any-suggestions/#post-4452283 Sun, 01 Feb 2004 11:41:51 +0000 I would look at building on the land, if you can afford more debt, even temporary, build then sell or rent.
try this- block price 100k, house 120k, sell 280k

]]> c132e168e39f4bcc692a457c2a1d0e32 Phil_2 replied to the topic to manage or not to manage in the forum General Property https://www.propertyinvesting.com/topic/4370825-to-manage-or-not-to-manage/#post-4451281 Sun, 01 Feb 2004 11:01:02 +0000 1 question
do you need to get a solicitor to draw up a lease or is the agreement form that you can buy enough?

]]> f1fff29448dd71b2e21a91f2ec5e1e41 Phil_2 replied to the topic building finance in the forum Finance https://www.propertyinvesting.com/topic/4370856-building-finance/#post-4451623 Sat, 31 Jan 2004 03:54:38 +0000 tnks Steven, I spoke to a diff. person yesterday and they said they would send a letter giving confirmation of the funds.
Kim – same situation I think, the builder is frustrated because they build 000’s houses per year and they havn’t seen this problem before. About the new application, I realised that the first one has expired – they only last…[Read more]

]]> a8d4dc7f5c61793907cdf9bbacb5fbed Phil_2 replied to the topic to manage or not to manage in the forum General Property https://www.propertyinvesting.com/topic/4370825-to-manage-or-not-to-manage/#post-4451279 Sat, 31 Jan 2004 03:42:10 +0000 Thanks Purple Kiss & Mick
That is what I wanted to hear, we havn’t been impressed with our current PM, so I think we can do better than them, actually doing nothing would be more than them. Can you reccomend a PM in Perth.

]]> 1c8e14bd739ec6e3e888b390d07e0399 Phil_2 replied to the topic building finance in the forum Finance https://www.propertyinvesting.com/topic/4370856-building-finance/#post-4451620 Thu, 29 Jan 2004 14:52:07 +0000 the builder has produced the contract, and all they need is a letter saying that the money will be available, butt covering so they don’t go too far then find out they won’t lend the money, like a pre-approval I guess.
The builder is part of J-corp- the biggest builder in Perth, and they say they’ve never seen those conditions from a bank before.…[Read more]

]]> 91f56523dbf0aca6b9969685cfaf1619 Phil_2 replied to the topic 101 Plus Penny pinching R/E Tips in the forum General Property https://www.propertyinvesting.com/topic/4370784-101-plus-penny-pinching-re-tips/page/2/#post-4450919 Thu, 29 Jan 2004 14:32:45 +0000 my favourite is to go to church late, after they have taken up the collection, we save heaps each week.[:D]

try this one. you give for God’s work and see what He does for you with compounding interest.[:D]

]]> e6efd655777c667835a748d25d0b7eed Phil_2 replied to the topic 101 Plus Penny pinching R/E Tips in the forum General Property https://www.propertyinvesting.com/topic/4370784-101-plus-penny-pinching-re-tips/page/2/#post-4450918 Thu, 29 Jan 2004 14:27:15 +0000 redwing’s theme…we are building so for the garden i’ve bought a hundred plants in tubes at $2 ea, get some old pots, bita local dirt and 6 months later, $10-15 plants for $2…and all native. For those in northern Perth go to Lulfitz nursery in Wanneroo

]]> 9036fe8911c34588363aa82bc7310e24 Phil_2 replied to the topic building finance in the forum Finance https://www.propertyinvesting.com/topic/4370856-building-finance/#post-4451618 Thu, 29 Jan 2004 14:09:25 +0000 unconditional for the block, for the house they sent me a letter asking for contract, building permit (the builder says finance first, then permit), builders insurance (finance first again)and a home owners warrent( again finance first says builder)
I dunno …

]]> 5d0f0867c977e1e8ee0ab8b6428bde52 Phil_2 replied to the topic to manage or not to manage in the forum General Property https://www.propertyinvesting.com/topic/4370825-to-manage-or-not-to-manage/#post-4451273 Thu, 29 Jan 2004 11:57:18 +0000 thanks all.
I have 3 friends that manage their own properties and they have no prob’s, they tell me it’s a sinch.
Anyone else got opinions

]]> 5d4d0f7251e74ab7fd00c679e336bf10 Phil_2 replied to the topic Whose the Oxymoron ? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4370600-whose-the-oxymoron/#post-4449327 Mon, 19 Jan 2004 14:54:45 +0000 Job security

]]> 904e95969926d81a0a347e33b31e267a Phil_2 replied to the topic deposit and equity in the forum Finance https://www.propertyinvesting.com/topic/4370595-deposit-and-equity/#post-4449297 Sun, 18 Jan 2004 16:42:22 +0000 ahh I see, for a moment there my hopes were up

]]> db0989763de1221169da6279341cbf9a Phil_2 replied to the topic Keep 5yr fixed @ 5.99 or Variable LOC in the forum Finance https://www.propertyinvesting.com/topic/4370524-keep-5yr-fixed-5-99-or-variable-loc/page/2/#post-4448628 Sun, 18 Jan 2004 12:06:53 +0000 Simon, that was the rate our lender was offering, the load is less than 1 year old so I don’t think we could’ve gone elseware

]]> d5a0d768544d3dbe168a93a535ec3869 Phil_2 replied to the topic rent to who? in the forum General Property https://www.propertyinvesting.com/topic/4370582-rent-to-who/#post-4449216 Sun, 18 Jan 2004 07:59:16 +0000 thanks Mel

]]> ccdfc7a1f6827b0ba3bd0733bf610e39 Phil_2 replied to the topic Which City/Suburb you live? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369744-which-citysuburb-you-live/page/7/#post-4442331 Sun, 18 Jan 2004 07:50:04 +0000 Perth, Joondalup area (Banksia Grove to be exact)

]]> d9e66c9a00d115e30f006fa99923935b Phil_2 replied to the topic rent to who? in the forum General Property https://www.propertyinvesting.com/topic/4370582-rent-to-who/#post-4449214 Sun, 18 Jan 2004 07:40:14 +0000 ah huh, whats the diff. between CPI and market forces when it comes to rent prices? Is this good/bad?
I was thinking renting it to them.
Do they buy houses at inflated prices?[;)]

]]> 204062ea25e49f9d8fe1be5b72d01965 Phil_2 replied to the topic Keep 5yr fixed @ 5.99 or Variable LOC in the forum Finance https://www.propertyinvesting.com/topic/4370524-keep-5yr-fixed-5-99-or-variable-loc/#post-4448625 Sun, 18 Jan 2004 07:23:53 +0000 did I hear someone say 5.99% fixed for any length???
We just did some fixing last week, 150k @7.15 for 1 year!!! Did we get ripped?
I’m still learning the banking part, poss not very well.

]]> d7ec59180eda981408479b72de662633 Phil_2 replied to the topic WA -ONE near the beach or TWO further inland?? in the forum General Property https://www.propertyinvesting.com/topic/4370587-wa-one-near-the-beach-or-two-further-inland/#post-4449251 Sun, 18 Jan 2004 07:06:18 +0000 Luke, Just to rub it in 4-5 years ago those 120k houses in Armadale were 60K. My best buddy bought nice 3×1 2yrs ago for 90K has it now rented at 170/wk and is now worth near 150K. Not too bad for inland.

If you’re earning ok$$ now is not a bad time to buy the Brighton house(was it?) because they’re pretty cheap compared to some inland stuff. And…[Read more]

]]> 9365a741df5e1339fc5b67c743c18b07 Phil_2 replied to the topic rent to who? in the forum General Property https://www.propertyinvesting.com/topic/4370582-rent-to-who/#post-4449212 Sun, 18 Jan 2004 06:27:53 +0000 thanks for the replys so far, but to shed more light on the situation – we’re building a 4×2 near where we live, some friends in the area sugested DHA. We’re in Perth’s north and there is an air base rather close.

So Diclem I can’t see the same issues as if you we’re in an isolated town.

Melbear, when you say inflated prices your not talking…[Read more]

]]> 0f814707ffc6025568585ec46beeaa91 Phil_2 replied to the topic Building a house in the forum General Property https://www.propertyinvesting.com/topic/4370472-building-a-house/#post-4448174 Tue, 13 Jan 2004 13:24:42 +0000 we’re building now and you need to watch very carefully what is going on. When you find a plan (assuming project builder) add adout 15% for finishing costs, and yes time, depends on the block but we signed up for the block in september 03, then went gung hoe with finance and building Co. and we still haven’t seen a contract to build yet. The only…[Read more]

]]> 3ee4f167a88b955b015cdce6582f81c4 Phil_2 replied to the topic Insurance tricks to save in the forum General Property https://www.propertyinvesting.com/topic/4370475-insurance-tricks-to-save/#post-4448188 Tue, 13 Jan 2004 13:14:25 +0000 where can i get bulk insurance disc? I’m asking Rac right now and they say no!!!!

]]> 9be80cc581367c4379eb04c0d5990c00 Phil_2 replied to the topic R U FOCUSED? in the forum General Property https://www.propertyinvesting.com/topic/4370408-r-u-focused/#post-4447707 Tue, 13 Jan 2004 13:03:18 +0000 Hi Philip
First you must be pretty clever with a name like that![:D] I agree with Mel, make sure you know what you want to achieve, not in investments but in life, where you want you and your family to be in say 5 and 10 yrs, then work back from that. Just remember that you Can do it and it is worth it!

]]> 4d7e8e5fe2c0d899c307ef8b165ac52f Phil_2 replied to the topic wraping - good or bad? in the forum No Subject https://www.propertyinvesting.com/topic/4370457-wraping-good-or-bad/#post-4448059 Mon, 12 Jan 2004 14:59:43 +0000 Kay I appreciate your thoughts, I am only interested in doing ethical and moral bussines however it poses the question, if the wrap is a win win situation and your offering them a good deal, does that seem ethical?
Or is there something I missed?

]]> b0fbdd62818855fb07aa895b70d005b1 Phil_2 replied to the topic wraping - good or bad? in the forum Opinionated! https://www.propertyinvesting.com/topic/4370457-wraping-good-or-bad/#post-4448057 Mon, 12 Jan 2004 13:44:57 +0000 noted
would this stop you from doing a wrap?

]]> 8947742b5bb16a6fdfd2757f8ff75faa Phil_2 replied to the topic doing ok??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4370403-doing-ok/#post-4447681 Sun, 11 Jan 2004 11:55:10 +0000 Thanks Mel
How exactly do you pull out equity by refinancing?

]]> 1d725990663546099abc78c6ac86dde6 Phil_2 replied to the topic doing ok??? in the forum No Subject https://www.propertyinvesting.com/topic/4370403-doing-ok/#post-4447679 Sun, 11 Jan 2004 11:37:53 +0000 Thanks Mel
I have two issues in my head 1. our 2IPs are negatively geared and 2. the idea of selling anything and paying 25% CGT kinda bugs me.
I want to build again but with out some major change I can’t afford to pay another dollar.

]]> 9882a4c1312a2949f9a7b87d45e458a5 Phil_2 replied to the topic doing ok??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4370403-doing-ok/#post-4447677 Sun, 11 Jan 2004 09:59:44 +0000 Ok Richmond
3years ago we paid 104K for PPOR now worth 180K, In march we bought a 4×2 IP for 155k now worth 195K. now we’re building a 4×2 IP cost 220K finished aprox value 280k. So 665k total value and 465k of debt. And as I said I want to buy a business in the next couple of years does it look like I’m on the right path?
Thanks

]]> fbabd0cfb4f7dac770815c48b1cd0dc3 Phil_2 replied to the topic Blind leading the blind in the forum Help Needed! https://www.propertyinvesting.com/topic/blind-leading-the-blind/#post-4447144 Sun, 11 Jan 2004 05:51:17 +0000 My wife & I are in almost the same situation as nikeair. We will hopefully be finnished building by Sept. We will then have 2 -ve geared houses & PPOR – total debt 470K aprox value 670K.
You’re doing the right thing by asking for help and dont feel pathetic, believe it or not we all feel like that sometimes.

PS Asking God for help might not be…[Read more]

]]> 994de36f53fa1dd12b4f31230f823af3 Phil_2 replied to the topic which is the best option in the forum Help Needed! https://www.propertyinvesting.com/topic/which-is-the-best-option/#post-4447335 Sun, 11 Jan 2004 05:30:20 +0000 Just a thought on the types of properties your looking at. My wife & I bought 1 of a triplex last year. The strata title had the body corporate stuff written out. So even though it’s in a group it’s treated like an independent(freehold) house. The only thing to watch out for is would that work in the units your looking at? We have only 3 detached…[Read more]

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