PropertyInvesting.com | picklesam | Activity https://www.propertyinvesting.com/members/picklesam/activity/ Activity feed for picklesam. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 b5e43bae49048a97c0940afce3dfcfef picklesam started the topic How to buy a property with the least deposit? in the forum Finance https://www.propertyinvesting.com/topic/5039554-how-to-buy-a-property-with-the-least-deposit/ Wed, 20 Sep 2017 01:37:02 +0000 Hi guys, have to move at the end of the year, with the current market I don’t want to sell my PPOR (which is paid off) at a loss (bought $400k, worth $350k) so I’ll rent it out and buy a new house. My budget is about $500k. Now I have $200k cash but I don’t want to put all of it towards the new house. Is it possible to put down $50k deposit, and…[Read more]

]]> cdca4b456bca06915df6421694888a96 picklesam replied to the topic Is this possible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408838-is-this-possible-8/#post-4687358 Mon, 25 Feb 2013 00:08:36 +0000 Jamie just read your article, genuis! I'll have to keep that in mind next time!

]]> 67fbf0383eedaa9adbabcef03e02f93f picklesam replied to the topic Is this possible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408838-is-this-possible-8/#post-4687357 Mon, 25 Feb 2013 00:04:40 +0000 Hi thanks for your advise! Unfortunately I have no spouse! I may have to sell it to buy new house. Thanks again!

]]> 853d5a1edd774f33e086cb1e31c56ed3 picklesam replied to the topic Help with buying land please in the forum Help Needed! https://www.propertyinvesting.com/topic/4405236-help-with-buying-land-please/#post-4659199 Tue, 22 Nov 2011 01:07:09 +0000 thanks christianb, who should i call to find out whether i can build a duplex or not? Nice website you have by the way.

]]> c191b002264cef808452b1305e14ad00 picklesam replied to the topic Paying off loan in offset? in the forum Finance https://www.propertyinvesting.com/topic/4400294-paying-off-loan-in-offset/#post-4626327 Sun, 20 Jun 2010 02:53:12 +0000 Thanks Spiro for your help!

]]> 74441d6719395fafa0001bbd229e5415 picklesam replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/14/#post-4542120 Wed, 05 Aug 2009 06:33:34 +0000 Prob not +C, I live in emerald QLD, and i think its a good time to buy, a 3/4 bedroom brand new house is $345k, 2 years ago they were going for $400k so the market's at the bottom at the moment. Rentals are about $500/week. Nice houses are renting for $600+/w.

]]> 35c2b4530ce54b3637c38847755d7a70 picklesam replied to the topic Offset Acccounts in the forum Finance https://www.propertyinvesting.com/topic/4396844-offset-acccounts/#post-4606988 Wed, 05 Aug 2009 06:16:32 +0000 i always wondered how the banks benefit from offset accounts, because the interest they give on a savings account is far less than the interest they charge on a home loan?

]]> 7da158a3441c337f98fbde15ecb715d7 picklesam replied to the topic cash gift/tax implications? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396880-cash-gifttax-implications/#post-4607137 Tue, 04 Aug 2009 23:24:58 +0000 thanks for response guys, yeah the terms were my sister and I will pay any capital gains tax, im worried the ato will be suspicious of me having 200k all of a sudden. Shouldnt affect pension because they wouldnt get much anyway if they hadnt sold the property i think.

]]> 47b588911433e07e5c0657673f1f78a9 picklesam replied to the topic Bowen Basin QLD Mining Towns - Opinion on offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4391824-bowen-basin-qld-mining-towns-opinion-on-offer/page/11/#post-4579829 Tue, 10 Feb 2009 23:53:26 +0000 well i live in Emerald, being a small town everyone knows everything…a few builders in town have gone bust, one had his license suspended because he had too many houses and not selling them fast enough…house prices here have dropped a bit, i live in a new estate and so far there's only been one house up for sale…i'm not too worried as…[Read more]

]]> e3bd39f7b2302bddcdb6cc6a8c8bd498 picklesam replied to the topic Transferring property to mum in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395146-transferring-property-to-mum/#post-4597815 Wed, 14 Jan 2009 09:30:41 +0000 thanks for the pointers Richard…hmmm what if mum was to 'gift' me the $250k, the house remains in my name, after i've paid off the house i transfer the property in my mum's name? I understand she'll still have to pay duty but will i be taxed on the $250k?

]]> 35b55df0c699056d23e1e97605887c3c picklesam replied to the topic PRICES- NORTH OR SOUTH??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388705-prices-north-or-south/#post-4563490 Sat, 03 Mar 2007 15:33:39 +0000 People have got to stop spending on so much crap…we don’t need plasma teles..or bananas…

I’m just worried whats going to happen when oil eventually runs out…

]]> 22c689fc8986a6ccf8aa94d16b2130f4 picklesam replied to the topic Shares vs. Property in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388428-shares-vs-property/#post-4562207 Sat, 03 Mar 2007 10:14:14 +0000 I’m no expert with $$$ but from my own experience, I’ve made some BIG gains after september 11th….i managed to turn $10k into $25k…..BUT capital gain tax took a chunk off it…i thought good times would go on forever…how wrong…took a BIG loss in spec. mining stock…i was back in square one….
I think with shares even if you dedicate your…[Read more]

]]> f36a62bf4592e86c6a82084f2bbccda4 picklesam replied to the topic How long for tax returns? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388716-how-long-for-tax-returns/#post-4563525 Sat, 03 Mar 2007 09:53:24 +0000 i used to do my tax online using etax and got my retun in a week…but last year i didnt do the depreciation bit so i think i’ll goto an accountant this year…

and the worst thing is my sister’s an accountant but she doesnt do tax…not very helpful is she…[biggrin]

]]> 39ac562bac3030710b59704e1f481597 picklesam replied to the topic IS THE GREAT AUSTRALIAN DREAM FINALLY DEAD!!!!!!!! in the forum No Subject https://www.propertyinvesting.com/topic/4387384-is-the-great-australian-dream-finally-dead/page/5/#post-4557328 Thu, 01 Mar 2007 07:16:08 +0000 I agee with LA…there’s no point in being bitter about your situation…house prices are quite unaffordable at the moment but that’s just the way it is…I’m too from your generation but i don’t complain about it, I just find ways to try to get ahead…i’m 27 and have been living at home until last year…I was earning an average wage but still…[Read more]

]]> b6e4ca7190a1024d8b93a73364777d0e picklesam replied to the topic I told you so !!!!! in the forum General Property https://www.propertyinvesting.com/topic/4388413-i-told-you-so/page/2/#post-4562103 Tue, 27 Feb 2007 04:54:49 +0000 i think kids/teenagers and even my generation (i’m 27) are quite spoiled…they’re just used to getting what ever they want….like cars for exmaple…i had to save up and buy a crappy one during year 12…these days parents just buy cars for their kids…and most of my friends don’t own any property..they just spend all their $$$ on holidays,…[Read more]

]]> d459be8f6a2ab6e055a4ab91445a97a3 picklesam replied to the topic HAVE BOOM TIMES GONE FOREVER???? in the forum No Subject https://www.propertyinvesting.com/topic/4388442-have-boom-times-gone-forever/#post-4562279 Fri, 16 Feb 2007 17:14:11 +0000 there’s this quote from this couple who have property worth $6mil plus in a magazine i read, they said those doom and gloom theorists DO NOT own any investment properties…

Also you just don’t know who to believe, i watched this report on the ABC and the guy said demand for housing is up, but housing approval have dropped, therefore rents and…[Read more]

]]> fe279f0548a04c2b91d53bb730e4e38a picklesam replied to the topic I told you so !!!!! in the forum General Property https://www.propertyinvesting.com/topic/4388413-i-told-you-so/#post-4562074 Mon, 12 Feb 2007 07:11:25 +0000 hi wealth4life, yeah i know what you’re trying to say…but it’s kinda hard to work on my roots now because i’m not academically or business smart, i struggled through highschool but still made it to uni…struggled through that too and now i have a pretty decent paying job, i’m pretty happy with how i turned out but don’t know how i can get a…[Read more]

]]> a004fb3705bddd5d123ecac767aa6af8 picklesam replied to the topic I told you so !!!!! in the forum General Property https://www.propertyinvesting.com/topic/4388413-i-told-you-so/#post-4562071 Mon, 12 Feb 2007 05:51:30 +0000 i blame most of the credit card debt on plasma and lcd tvs…but personal responsibility’s got to be a factor too, i mean people complain how credit card companies keep giving credit to young people, it’s upto the young ones to say ‘no’….i met a guy few months ago who took out a 50k car loan! And he only worked at woolies in the bakery..crazy…

]]> 9a1123a51a5d97e63f2e73edad73af9f picklesam replied to the topic HELP NEEDED PLEASE in the forum Help Needed! https://www.propertyinvesting.com/topic/4388386-help-needed-please-2/#post-4561948 Fri, 09 Feb 2007 09:32:38 +0000 Hi Cherry, i have a similar situation, i bought at lake mac. 2 years ago, it hasnt gone up at all, i pay $2700/m in repayments but only get $250/w in return…i too thought about selling, however i recently spoke to a builder, he’s about 60 and he’s been investing in realestate all his life..he’s got about 100 + properties…i asked him rather i…[Read more]

]]> 325f456c3cab79c7c451dc234c187384 picklesam replied to the topic is this illegal/not possible? in the forum No Subject https://www.propertyinvesting.com/topic/4388377-is-this-illegalnot-possible/#post-4561892 Fri, 09 Feb 2007 07:46:48 +0000 hi crj….yeah the features outlined is pretty much what’s happening…but i don’t know whether the link tells me whether i can do it or not…don’t understand the alert bits….i better ask an accountant

]]> cc0d5dabcecf131bb1d6506a2f50f63f picklesam replied to the topic is this illegal/not possible? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388377-is-this-illegalnot-possible/#post-4561890 Fri, 09 Feb 2007 05:26:21 +0000 Hi Ross:

Ip will be in my name, i will own it

my company pays my rent as part of a package…Salary is about $95k, I told them to give me $73k instead and the rest they rent me a house…

The loan is in my name

It’s a Pty Ltd…

]]> 24fcb7fc896abcc538be9cb97a4c2666 picklesam replied to the topic Student looking to start! in the forum No Subject https://www.propertyinvesting.com/topic/4388298-student-looking-to-start/#post-4561527 Mon, 05 Feb 2007 16:59:55 +0000 mate u’re doing better than me when i was at uni, i had $0…i’m pretty late to this investor thing but my biggest advice is hang around in this forum, there’s some great advice and people in here..all the best

]]> 8d171d2ec91aa3661bdd40068ed613f2 picklesam replied to the topic how much can i borrow? in the forum No Subject https://www.propertyinvesting.com/topic/4388285-how-much-can-i-borrow-6/#post-4561484 Sun, 04 Feb 2007 07:06:01 +0000 i see…thanks guys..yeah marc’s right about people getting attached to a PPOR, i guess i’d feel more ‘secure’ having no debt on one property instead of having 3, 4 IPs and be massively in debt…so does a MISA account effectively have the same effect of making extra repayments? I was offered to setup one but declined because i didnt earn as much…[Read more]

]]> 97f8d4d30b7d2cde86dd735d096bc94b picklesam replied to the topic how much can i borrow? in the forum Finance https://www.propertyinvesting.com/topic/4388285-how-much-can-i-borrow-6/#post-4561481 Fri, 02 Feb 2007 18:52:02 +0000 hi marc, yeah richard’s sorting me out aright! Selling the cars is not an option for me, i’m nuts about my cars, it’s the only ‘hobby’ i have really, i don’t go on holidays for example…they dont cost much to run, one’s in storage at mum’s house…and no debt on them…i worked out if i can manage to get another ip with mum i’ll still have about…[Read more]

]]> 5d9e6492a469386fbbb5a17904ac8349 picklesam replied to the topic What to do with significant Cash? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388007-what-to-do-with-significant-cash/#post-4560350 Sun, 21 Jan 2007 15:12:26 +0000 Buy a Ferrari instead! Nah just jokes…good to see young people thinking about their future…i live in a mining town and most guys your age are on $100k…unfortunately they spend it all on HSV cars and grog…

]]> 10b8e540c022e5abf659b7f838d0eb52 picklesam replied to the topic confused! in the forum Help Needed! https://www.propertyinvesting.com/topic/4388024-confused-5/#post-4560439 Sun, 21 Jan 2007 12:19:38 +0000 hi terryw, i actually lived in that property for a year to get the FHBG, will i still have to pay CG in the future?

]]> 3d11c070712529b60d900aa80e826629 picklesam replied to the topic confused! in the forum Help Needed! https://www.propertyinvesting.com/topic/4388024-confused-5/#post-4560437 Tue, 16 Jan 2007 14:13:33 +0000 thanks so much for all your advise…i’ll have to slowly digest them..i’m horrible with money…i’ll speak to an advisor asap…thanks again!

]]> 7659489735a0c0ca5b5ad2d8e72cb31b picklesam replied to the topic Can you lose with a water view? in the forum General Property https://www.propertyinvesting.com/topic/4376296-can-you-lose-with-a-water-view/#post-4491906 Sun, 03 Oct 2004 09:15:30 +0000 thanks for the advice derek! Just want to ask what is a PAYG variation? And what does it do? last year i earned $52k before tax.

yeah i’m planning renovations at the moment…I hate the shaggy smelly 80s style carpet!

yeah i understand it’s not a race…i definitely have the patience, just need guidance, A LOT of guidance [biggrin]

anyway…[Read more]

]]> 233cf5e148ce34edfee4c6c284cf5ded picklesam replied to the topic Can you lose with a water view? in the forum No Subject https://www.propertyinvesting.com/topic/4376296-can-you-lose-with-a-water-view/#post-4491904 Sun, 03 Oct 2004 08:32:07 +0000 speak to u soon Jo…
Brenda: i got about $20000 cash but that’s for a deposit for my next one! hehe…it’s gonna be TIGHT for the 1st 6 months(living in it to get the 1st home buyers grant) have to cough up $2300/month!

Lucifer: don’t really get your post…i’m pretty dumb when it comes to figures…i know cash flow is really BAD but like i…[Read more]

]]> d9c5b9263d87e36c82f9a17919054513 picklesam replied to the topic Can you lose with a water view? in the forum General Property https://www.propertyinvesting.com/topic/4376296-can-you-lose-with-a-water-view/#post-4491900 Sun, 03 Oct 2004 07:47:45 +0000 Jo please check PM!

]]> 04094fe2a63f747b848577a1ec38e78f picklesam replied to the topic Confused bout 1st buyers grant in the forum Help Needed! https://www.propertyinvesting.com/topic/4376130-confused-bout-1st-buyers-grant/#post-4490556 Thu, 23 Sep 2004 13:15:39 +0000 here you are YC:
http://www.osr.nsw.gov.au/portal/page?_pageid=33,63454&_dad=portal&_schema=OSRPTLT

]]> 191033a512877e74fdbddc9c4114c30c picklesam replied to the topic Confused bout 1st buyers grant in the forum Help Needed! https://www.propertyinvesting.com/topic/4376130-confused-bout-1st-buyers-grant/#post-4490554 Tue, 21 Sep 2004 11:15:00 +0000 thanks for clarifying simon, lucifer! i do need a new broker! and a new solicitor as well! he told me the wrong thing too!

YC, on the FHOG site it states u can rent the rooms out as long as the house is still the principle place of residence…

]]> e654742902cd65863687360f37926d93 picklesam replied to the topic Newbie Query/Help in the forum Help Needed! https://www.propertyinvesting.com/topic/4375369-newbie-queryhelp/#post-4485741 Sun, 08 Aug 2004 09:32:59 +0000 yeah kay does have a good point…but like he mentioned 50k houses are in mining/rural areas, i’m worried about capital grwoth in these places..whereas the $400k place whilst not near a capital city, have nice water views…the house itself definitely needs work(new paint,new doors/lights), intersting kay mentioned depreciation on buildings cos…[Read more]

]]> 044cd6777c677e44bfed5b0259bb514d picklesam replied to the topic Newbie Query/Help in the forum Help Needed! https://www.propertyinvesting.com/topic/4375369-newbie-queryhelp/#post-4485738 Fri, 06 Aug 2004 07:49:59 +0000 hi all! thanks for the good advice! you lot are an inspirational bunch… looks like i’m gonna have to get steve’s book…anyhow i’ve decided to buy that 400k house as my 1st investment….i’ll let you guys know how i go…

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