PropertyInvesting.com | pirate | Activity https://www.propertyinvesting.com/members/pirate/activity/ Activity feed for pirate. Sun, 12 Apr 2026 16:05:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 0b73d5c9ad8ab6a929201c36bd94805e pirate replied to the topic Calculating principal repayment for offset savings in the forum Finance https://www.propertyinvesting.com/topic/4394042-calculating-principal-repayment-for-offset-savings/#post-4592003 Tue, 26 Aug 2008 00:44:19 +0000  thank you again for your help!

]]> 2379381d302c0396d472f43b285a13f5 pirate replied to the topic Calculating principal repayment for offset savings in the forum Finance https://www.propertyinvesting.com/topic/4394042-calculating-principal-repayment-for-offset-savings/#post-4592001 Mon, 25 Aug 2008 10:33:19 +0000 hi elkamthanks heaps for your post!i always thought the way to use the offset was depositing as much money as possible in it, however still having another seperate account for private expenses. This way the balance in the offset accumulates and never declines.. whilst the other account fluctuates with everyday spending etc… looks like i have this wrong!

]]> 0aee313c1ed919e5dfe93e7477c1c1f4 pirate replied to the topic Calculating principal repayment for offset savings in the forum Finance https://www.propertyinvesting.com/topic/4394042-calculating-principal-repayment-for-offset-savings/#post-4591995 Thu, 21 Aug 2008 10:53:34 +0000 Hi RichardThanks for reply!But using the principle figure of $245.80 you derived.$450k/245.80 = 1830 months = 152 years? versus P&I which would mean u would have repaid $450k over 30years?

]]> 94c241baa7dfb3a169a05e5adbc57a1d pirate replied to the topic recommended builders? davis homes, eden brae, etc. in the forum General Property https://www.propertyinvesting.com/topic/4393816-recommended-builders-davis-homes-eden-brae-etc/#post-4590824 Thu, 24 Jul 2008 09:41:39 +0000 does something smell in here? :)

]]> 051b1aff84f3e6a4de40b1311652bf65 pirate replied to the topic Steps to building a new home in the forum Help Needed! https://www.propertyinvesting.com/topic/4393121-steps-to-building-a-new-home/#post-4586453 Wed, 23 Jul 2008 03:29:38 +0000 Scott No Mates wrote:
Do the short owner builders course at TAFE (a couple of days) gives you a background in what is needed to project manage construction & trades works. How do you intend going about the work – owner builder or project home? Project home builders specialise in standard design on the block, getting approvals and getting it…[Read more]

]]> 43896c46bc5036c7d54041ced0652ab5 pirate replied to the topic knowing peak prices? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393735-knowing-peak-prices/#post-4590305 Mon, 14 Jul 2008 03:50:10 +0000 thanks for the reply tracy.We're looking at buying a PPOR at rousehill, but looking at the some of the prices im thinking they're abit high? not sure if myu expectations are correct.

]]> 6e7542ba091113dcd7a43abf38ccca71 pirate replied to the topic Dealing with brokers and recommendations? in the forum Finance https://www.propertyinvesting.com/topic/4392842-dealing-with-brokers-and-recommendations/#post-4585469 Tue, 08 Apr 2008 07:37:46 +0000 Thanks for the replies.in one of my previous posts, people had mentioned to use an experienced or qualified broker etc which is common sense. But is it appropriate to ask them to show their qualifications?

]]> 2d381d826dc90b0bf3739fb743114a0d pirate replied to the topic what makes a good broker? in the forum Finance https://www.propertyinvesting.com/topic/4391704-what-makes-a-good-broker/#post-4578877 Sun, 30 Dec 2007 23:52:42 +0000 interesting feed back! thanks for the comments everyone.Hate to open a can of worms… but here it goes….. Anyone have any recommendations of a good MB? lol? :D

]]> 6547bc1ae18274e9a29eeb8d7b844068 pirate replied to the topic rent growth to slow? in the forum General Property https://www.propertyinvesting.com/topic/4391678-rent-growth-to-slow/#post-4578716 Tue, 18 Dec 2007 04:49:47 +0000 HI L.A Aussie.i have the same problem as others ie. i can mainly find ip's that provide only 4-5% rental yield. This 'own backyard' mentality is an interesting concept. Can i ask then, if this mentality suggests a person buys only within their state? eg i live in NSW and therefore only buy in NSW>

]]> 4ebe25412aff5edb618d351158a5b811 pirate replied to the topic Positive cash flow property's in the forum Help Needed! https://www.propertyinvesting.com/topic/4391624-positive-cash-flow-propertys/#post-4578390 Thu, 13 Dec 2007 04:11:39 +0000 had the same question as vyaw2003…. ie.. commercial or residential?

]]> ff02f564c5914b3838123a08afbc536f pirate replied to the topic RETURN ON INVESTMENT in the forum General Property https://www.propertyinvesting.com/topic/4391629-return-on-investment/#post-4578431 Thu, 13 Dec 2007 03:52:16 +0000 Thanks for the replies. Its been interesting to see the different perspectives.another other quick one:1) does the 'on average properties double every 7-10 years' rule apply to all properties alike? eg,  duplex/houses/villas? just curious on why theres a house vs duplex/unit debate 2) just keepign on track with original post: say if a potential…[Read more]

]]> 6c5cd28bbf1593b2cd43fa68334870d6 pirate replied to the topic ready to borrow again. what to look for? in the forum thanks folks completely https://www.propertyinvesting.com/topic/4391647-ready-to-borrow-again-what-to-look-for/#post-4578515 Thu, 13 Dec 2007 03:44:32 +0000 thanks folkscompletely didnt realise the cross collateralising part until i read your posts. Now im really glad i asked a basic question.Will let you know how i go with things as im in the process for ip2.

]]> 7a4136d86ee0d81117bd61791d964a0e pirate replied to the topic RETURN ON INVESTMENT in the forum General Property https://www.propertyinvesting.com/topic/4391629-return-on-investment/#post-4578427 Wed, 12 Dec 2007 21:50:32 +0000 hi  – excuse the ignorance but could someone help explain:1) ignoring capital yield, what % rental yield would a person seek when searching for a potential ip? if in the current market the cost of finance is approx 8% ? i assume anything less than this would look unfavourable.2) following on from question 1, assume then we accept nothing less…[Read more]

]]> 0d17b2f45f0435a64d14def22acb9a4e pirate replied to the topic takning the 2nd step? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390554-takning-the-2nd-step/#post-4572699 Mon, 03 Sep 2007 08:23:54 +0000 Hi Hutch. thanks so much for ur post, those were exactly the type of 'generic' questions i was looking for.merryc – with ip#1 – well.. i think it was a bad choice? :(   i learnt alot from it, but i feel that i lack the real fundamentals and dont want to do it again. I think my mistake was buying it in the high period. So im tossing up now wether o…[Read more]

]]> 65c6b5343f3b33073edf6d6c80c62452 pirate replied to the topic takning the 2nd step? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390554-takning-the-2nd-step/#post-4572696 Wed, 29 Aug 2007 02:39:20 +0000 no one ?

]]> f193dff8085905c29dc2c7c66817de2c pirate replied to the topic What name supposed to be on Tittle Deed, when IP was purchased with Company as trustee to a Trust in the forum Help Needed! https://www.propertyinvesting.com/topic/4390617-what-name-supposed-to-be-on-tittle-deed-when-ip-was-purchased-with-company-as-trustee-to-a-trust/#post-4573001 Wed, 29 Aug 2007 02:37:26 +0000 Hi MarcSo how would you go about taking the next step? assuming u cant find any cf + properties. do u just wait to see how quickly u can pay off ur existing ip so its cf + then buy the next one?

]]> 968926ebcc78039d794fdc1b394b1590 pirate replied to the topic tenant insurance in the forum General Property https://www.propertyinvesting.com/topic/4386544-tenant-insurance-2/#post-4553312 Wed, 23 Aug 2006 01:18:56 +0000 thanks folks, ill look into those.. has anyone used AAMI ? they have a new landlord / tenant protection insurance.

]]> 759b9028df2d3ad7df0a6537f6441886 pirate replied to the topic Steps/Procedures involved in Purchasing Property in the forum General Property https://www.propertyinvesting.com/topic/4386512-stepsprocedures-involved-in-purchasing-property/#post-4553199 Wed, 23 Aug 2006 00:40:57 +0000 just as others said, theres alot of steps involved.. remember this is a PROPERTY you are buying not a pair of shoes… its one of the biggest / most expensive things most people buy in their life. so be prepared !

]]> 624096a51bb99fff79d82c50f73cb46d pirate replied to the topic Steps/Procedures involved in Purchasing Property in the forum General Property https://www.propertyinvesting.com/topic/4386512-stepsprocedures-involved-in-purchasing-property/#post-4553196 Tue, 22 Aug 2006 06:26:53 +0000 Agreed on a good mortgage broker they will take care of all those things

make sure ur solicitor checks that any outstanding land tax has been paid for on the property (assuming its tenant occupied already) before u buy it.
solicitors usually do this, and also a building inspection report (right name?) where they check for things like termites…[Read more]

]]> 648d05e963bba11d9cbaa6a6a2f3a328 pirate replied to the topic tax question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4386410-tax-question-3/#post-4552624 Tue, 22 Aug 2006 06:13:03 +0000 As Richard has already mentioned, you need to get CLEAR and PRECISE advice from your accountant (in writing would be nice :))

If you are indeed a sole trader as you say (Ie ONE tax return and you have NO ACN). then iam worried and interested to know how your accountant is processing salary & wage payments to yourself.

Find out exactly what your…[Read more]

]]> ddd373bf72cdc80f978a577b4d6f04b7 pirate replied to the topic YOUNG PROPERTY INVESTORS club?? in the forum General Property https://www.propertyinvesting.com/topic/4386082-young-property-investors-club/page/3/#post-4551319 Tue, 22 Aug 2006 06:10:18 +0000 so …. where to from here ?

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