https://www.propertyinvesting.com/members/posenterprises/activity/ Activity feed for PosEnterprises. Mon, 13 Apr 2026 20:01:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2908fc2ce4115a8929eb7e08a40d41b9 https://www.propertyinvesting.com/topic/4397466-sudivide-experience-anyone/#post-4610062 Thu, 08 Oct 2009 06:06:25 +0000 First speak to Council and ask what the zoning is to see if you can subdivide.Then get a feature survey done and contact a private town planner to organise what can be done.  Here is WA it would cost about $30k to subdivide including all fees and approvals etc.

]]> fcff04e881a1dc04fe9eac837cac86e0 https://www.propertyinvesting.com/topic/4397446-interest-rates-increase/#post-4609995 Tue, 06 Oct 2009 05:25:30 +0000 The propeller heads are at again! They will increase across the board and maybe some more.

]]> 4afacae29c7076240d3d3a1ddafddf54 https://www.propertyinvesting.com/topic/4397246-financial-advice-6/#post-4609060 Tue, 06 Oct 2009 04:09:42 +0000 PS. Steve Navra talks the talk and has a property portfolio and share portfolio working for him. He understands all aspects of planning!

]]> acc56aa3526ff0565254a7082e207b5f https://www.propertyinvesting.com/topic/4397246-financial-advice-6/#post-4609059 Tue, 06 Oct 2009 04:08:52 +0000 Try Steve Navra he has a good reputation also based in Sydney though.http://www.navra.com.au/Have not used him personally though have been to his seminar and is quite interesting.

]]> 45003b2cb8a4355938bc92eda055ca12 https://www.propertyinvesting.com/topic/4397341-rhg-loans-2/#post-4609420 Fri, 25 Sep 2009 07:06:36 +0000 Don't worry now – RHG just advised me that they will not negotiate unless you pay a fee and start the whole process all over again.

]]> e98a0495f3fcb2474cc45d3825a0664a https://www.propertyinvesting.com/topic/4397072-mortgage-exit-fees-and-subsequent-mortgages/#post-4608330 Mon, 14 Sep 2009 02:59:02 +0000 Yes exit fees can get you especially with a non-bank lender. I was with  Rams and they set up with a 5 yr interest only loan on my PPOR so now I can't switch to paying P & I until 2011.  Also found out that if I want to refinance with another bank they did not like my loans being all Interest Only.Westpac advised me that I was only paying I…[Read more]

]]> 53dec4d996e56fefd30d2a7b5371c73a https://www.propertyinvesting.com/topic/4396987-cba-fixed-rates-for-last-12-months/#post-4607933 Fri, 28 Aug 2009 00:10:46 +0000 Thanks Mike well I won't be doing that then. 

]]> 08e1b56ab8cc5a7e0d56dd27f362f1f7 https://www.propertyinvesting.com/topic/4396987-cba-fixed-rates-for-last-12-months/#post-4607931 Thu, 27 Aug 2009 08:37:12 +0000 Anyone know what the fixed rates for are 2yrears at RHG rang them can't get through!

]]> 174ad86a9cc3b1f290306729ddd03513 https://www.propertyinvesting.com/topic/4397080-what-my-best-option/#post-4608398 Thu, 27 Aug 2009 08:35:15 +0000 You can purchase a Door handle in Sydney!

]]> da0924df9ccc065a7ae3d5a7eb3cd844 https://www.propertyinvesting.com/topic/4397077-accountants-advice-2/#post-4608363 Wed, 26 Aug 2009 05:13:56 +0000 Sorry forgot to mention LOC against PPOR. Have not sold yet just seeking clarification and advised by accountant that can't claim it against income when asset sold.Thanks all

]]> a0c3833780c9f7eabbf6b6de38fc8b9e https://www.propertyinvesting.com/topic/4397032-subdividing-back-block-and-selling-or-building/#post-4608116 Thu, 20 Aug 2009 03:54:43 +0000 Thanks Wisepearl I believe once I build it I should be able to hang onto it via the rental Income.

]]> 5b2e0abc99306d3b04de7b1e3e5219d0 https://www.propertyinvesting.com/topic/4396066-westpac-withdraw-95-lvr/#post-4603158 Wed, 29 Jul 2009 02:01:15 +0000 So does Westpac stil offer .7% discount to borrowers of $500k?  Also what is the maximum LVR you can get without LMI

]]> 768d8d01797126b9a3b6b074a314aa60 https://www.propertyinvesting.com/topic/4396796-re-finance-time-perhaps/page/2/#post-4606782 Tue, 28 Jul 2009 04:22:28 +0000 So Richard are the big banks offering .7 with the professionals package.Only 2 months to go now.

]]> 9db6c1e54a41635db32148c7bd0adf45 https://www.propertyinvesting.com/topic/4396796-re-finance-time-perhaps/#post-4606780 Tue, 28 Jul 2009 03:13:52 +0000 Are banks still giving out discount of more than .70% for new customers. Who are refinancing from another Lender?

]]> 4243033d670dbe2c8def18a461ff2bf3 https://www.propertyinvesting.com/topic/4396635-what-are-the-acutal-costs-from-purchasing-a-ip-from-the-investors-club/#post-4606031 Mon, 06 Jul 2009 04:17:51 +0000 Thanks DiggerJust not sure how to buy over East – don't know how the settlement process works over there compared to WA. 

]]> 985dced0a34ce6972e1eb3d931a43f2f https://www.propertyinvesting.com/topic/4396624-how-to-structure-if-possible/#post-4605969 Fri, 03 Jul 2009 03:21:29 +0000 Thanks Terry nothing is easy that's for sure. 

]]> 8953ed6de96044e49b3a5575410c8e9d https://www.propertyinvesting.com/topic/4396550-turn-ppor-to-ip/#post-4605623 Tue, 30 Jun 2009 11:37:48 +0000 But Richard does it mean I can borrow less because I still have the outstanding debt that I can also use for myself against PPOR. If this is so it would be a fair advantage to own your PPOR outright then and just have all deductible debt against other IP's etc.Is that a better way to do it?

]]> 8a6eb47635156d7bfb526283cd25df5b https://www.propertyinvesting.com/topic/4396550-turn-ppor-to-ip/#post-4605621 Tue, 30 Jun 2009 02:35:26 +0000 Can I also ask if you have a 100% offset accounta against your PPOR does this hinder you from borrowing more for IP's.  Should you aim to pay off the PPOR if that is the final PPOR you will live in.

]]> 19281fb05eaa92353b5e38cfa0eb064e https://www.propertyinvesting.com/topic/4396513-ppor-and-ip-account-structure/#post-4605445 Wed, 24 Jun 2009 02:20:09 +0000 Excellent I thought that but forgot, There is some rumblings in WA about the govt cancelling stamp duty on houses.  That will make things easier to buy a house hopefully.

]]> c9d0628f306b6f167dc488caa9cc72ba https://www.propertyinvesting.com/topic/4396530-home-loan-offer-from-bank-west-4-853yrs-flexible/#post-4605529 Wed, 24 Jun 2009 01:38:16 +0000 Is anyone aware that there is a Bank of  China in Australia with low rates also!

]]> 386bace78e1d0e900aacfed0cc02487b https://www.propertyinvesting.com/topic/4396513-ppor-and-ip-account-structure/#post-4605443 Wed, 24 Jun 2009 01:37:25 +0000 Do you have to pay CGT if you sell your existing PPOR to a Trust then borrow to buy another PPOR?

]]> 00f6f094733096387fadcd14d27e29ab https://www.propertyinvesting.com/topic/4396413-property-development-finance/#post-4604906 Thu, 18 Jun 2009 03:02:15 +0000 So does mean that you can borrow all the cost for subdivison and construction cost and then start to pay when the rental income is coming in? Or do you need to pay each month interest payments!I am in a similar situation where I am just now looking at sudviding and building if possible.

]]> a4ef9ff61f2065894b42cd3b819f8846 https://www.propertyinvesting.com/topic/4394415-92000-fee-to-exit-fixed-loan/#post-4594031 Mon, 08 Jun 2009 05:49:44 +0000 Yep got screwed by RAMS AND RHG… but luckily getting out in 3 months time yeah a jail term of 3 years is a long time to be sitting on the fence.Also what are the current rates with the Majors for a pro pack including discount. low 5's or high 4's?anyone tell me please?

]]> 278fb09ba06ade084e9d8d8cb29cfdc2 https://www.propertyinvesting.com/topic/4395933-rba-rate-cut/#post-4602104 Sat, 18 Apr 2009 08:55:51 +0000 Terry am waiting to get out when it expires otherwise up for about $13k in exit fees and the rest.  Is there a problem getting finance from other lenders if it was originally Lo Doc finance.

]]> 7f9c980b99b9dc9034154fdbfb05893f https://www.propertyinvesting.com/topic/4396007-interest-rates-to-fall-to-1/#post-4602484 Thu, 16 Apr 2009 06:29:14 +0000 We all wish 1%!

]]> 56b730b24a1617bea357bdd4ecca0c82 https://www.propertyinvesting.com/topic/4395933-rba-rate-cut/#post-4602102 Thu, 16 Apr 2009 06:28:19 +0000 Thank you for contacting RHGRHG management have made no announcement regarding the interest rates at this stage.Kind RegardsCustomer Service 

]]> cf2b970e47c3c24c919be538c3e117cc https://www.propertyinvesting.com/topic/4395627-renovating-4-houses-a-year-100000-profit/#post-4600559 Fri, 10 Apr 2009 00:58:57 +0000 I suggest try 1 first and see how long it takes from time you purchase to time you sell and get that profit.  I have done it with a partnership we managed to renovate and sell on two properties within the year.

]]> 7e2d60a8f10847cc79119537972d179a https://www.propertyinvesting.com/topic/4395933-rba-rate-cut/#post-4602101 Fri, 10 Apr 2009 00:57:23 +0000 Was originally with RAMS until they got taken out and then RHG took over. I had no choice in that matter and with 3% exit fees was way to expensive to get out so early.That is why i am with RHG.

]]> e323c1885559ff701eaee07e47235c2a https://www.propertyinvesting.com/topic/4395933-rba-rate-cut/#post-4602098 Thu, 09 Apr 2009 04:41:19 +0000 Anyone betting that they will cut again in May if things keeping getting worse?

]]> 4feb26a00432c1458762e849c65e9313 https://www.propertyinvesting.com/topic/4395861-perth-property-5/#post-4601718 Wed, 08 Apr 2009 02:10:35 +0000 Ellenbrook will go up in about 10yrs or more because it is a fairly new area and infrastructure just being built.  Try and look at older established suburbs closer to the CBD.Lynwood is not a good area as it is close to big Overhead powerlines and the capital growth over 20yrs has not been that great.I would suggest are you looking for lifestyle…[Read more]

]]> d8a2f75c37b8599ef655c7f87b1f95c1 https://www.propertyinvesting.com/topic/4395932-disgraceful-service-by-suncorp/#post-4602087 Wed, 08 Apr 2009 02:05:49 +0000 I wonder who is in charge of the Country – The Govt or the Banks????It seems that the banks do what they want and when they want!

]]> 95d74f4d31be6bb8428eaccdb3a596e8 https://www.propertyinvesting.com/topic/4395933-rba-rate-cut/#post-4602096 Wed, 08 Apr 2009 01:36:28 +0000 what are the current rates for pro pack holders anyway!Are they still giving discounts out?

]]> 91a69a3bbc1e9bac7a259123a8753ced https://www.propertyinvesting.com/topic/4395933-rba-rate-cut/#post-4602095 Wed, 08 Apr 2009 00:36:26 +0000 Response from RHG – So looks like they are still trying to squeeze more money until say make a decision!Thank you for contacting RHG Home LoansRHG interest rates are still under review by management.If we can be of any further assistance, please visit our website at http://www.rhgl.com.au or alternatively contact us on 1300 658 489, (Monday-Friday…[Read more]

]]> e6eaf42aa03b94e8d7b825cccb6db4bf https://www.propertyinvesting.com/topic/4395820-business-structure-in-trust/#post-4601498 Tue, 07 Apr 2009 07:27:05 +0000 what structure would you set up if you were share trading/investing?  Would you set up a discretionary investment trust?

]]> 4eb333fdea4745ab65b70b2af749be33 https://www.propertyinvesting.com/topic/4395933-rba-rate-cut/#post-4602091 Tue, 07 Apr 2009 07:23:23 +0000 How about RHG are they passing on nothing as usual?

]]> 5ad9409a2a0589b8b8b4d7621a3ab731 https://www.propertyinvesting.com/topic/4395594-worst-economic-crisis-ever/#post-4600368 Sun, 05 Apr 2009 12:40:15 +0000 Harry Dent Jr has been predicting this for years…. If you read what he says about the coming crash it will be interesting times for sure. Especially when the Boomers spending their money//

]]> c615a38cd457d28251baef770cf55ad5 https://www.propertyinvesting.com/topic/4395880-living-off-equity-2/#post-4601831 Thu, 02 Apr 2009 12:40:09 +0000 To be honest with you…. YOu should aim for at least $1.5M in net equity before you can even consider it. That is what I have been advised by some people actually doing it with a LVR of 60% or lower.

]]> 91d303af4a022caf66a266b585ad3441 https://www.propertyinvesting.com/topic/4395852-retirement-and-tax-returns/#post-4601681 Mon, 30 Mar 2009 23:50:23 +0000 Seems logical doesn't it.  What if you are retired and go travelling overseas for a few years still have to lodge a tax return? because you will still have investments earning money…. something to think about also.

]]> adda8c4c40d3d82e075bc35456a8dec0 https://www.propertyinvesting.com/topic/4395715-refinance/#post-4601021 Thu, 19 Mar 2009 05:09:37 +0000 Hey Raymon I am moving on soon… though the name RAMS does still scare me Now RHG are just as bad….

]]> 3bedac2c19577fc8553ed83922081a59 https://www.propertyinvesting.com/topic/4395623-agent-refused-to-write-up-offer/#post-4600526 Wed, 18 Mar 2009 06:07:00 +0000 Same here if you want to put in an offer and you verbally say I will offer X and it is to low the Agent will say – No I have been instructed not to present anything less than Y".  So you are wasting your time if you want to present a real low offer unless you have cash and can pay now.

]]> cb8142e1c1b5c1cd3f965a5fcacfbc71 https://www.propertyinvesting.com/topic/4395715-refinance/#post-4601013 Wed, 18 Mar 2009 06:03:38 +0000 Yeh I to was with  RAMS until they rammed me to RHG – Now only 6 months before i refinance away from these creatures!I would not go to RAMS only to the big 4 alot more stable.

]]> 4efa8d314a4443ee2300accb165e4598 https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/17/#post-4524976 Fri, 13 Mar 2009 02:39:57 +0000 ahahhah sounds like a bloke at work who asked me why  I am driving my friends 20 yr old commodore as my wife has my other old car.  I said I am saving for up for a deposit on another house.  He said why bother,,, I said I want a house for the family now.He just smirked when I asked him how much he paid for his HSV Ute – $50K…… I thought to my…[Read more]

]]> f11a84fd47a3aa6abf9d585092a58a62 https://www.propertyinvesting.com/topic/4395655-need-advise-3/#post-4600721 Fri, 13 Mar 2009 02:32:55 +0000 Yes you don't want to borrow more than you can realistically afford.  You will need a buffer for any emergencies in the future plus if rates go up again you will just stress out trying to pay back the bank. You will end up a Debt Slave and it is not nice when you can't go to sleep worrying about how you are going to pay the bank next month.

]]> 1af9c87fb8e2808e2857f2c41c04919d https://www.propertyinvesting.com/topic/4395673-rhg-exit-fees-16000-help/#post-4600810 Fri, 13 Mar 2009 02:29:37 +0000 Hey don't worry sit tight – my exit fees are $13,000 and I am leaving at end of Sept 09 Yippeeee… they got me also on a Lo Doc.work out the exit fees with what you might save over the next 12months with the interest rates low. If you can justify it and can get the $18000 back within 12months go for it otherwise sit tight.

]]> 9fecacb98154d5de2a97dcb20234fd9b https://www.propertyinvesting.com/topic/4395289-capitalised-interest-3/#post-4598600 Mon, 09 Mar 2009 04:01:09 +0000 why never never never sell?  you mean keep borrowing and capitalising the interest to live off?I have another question also – what happens if you retire and live off your equity for say 2-3 yrs and go overseas on a holiday and just enjoy but still getting rent from your properties. Do you have to lodge a tax return if your not in Australia and…[Read more]

]]> a3a7910b110a9dd34b1fbf4e6f982d5c https://www.propertyinvesting.com/topic/4395620-banking-system-what-happens-if-it-collapses/#post-4600512 Mon, 09 Mar 2009 03:58:42 +0000 heheheh then we will able to see alot clearer with our third eye the mistakes of the past.  Which hopefully won't be repeated, come on third eye!

]]> 6a2ca417c609f54d2c247b6fc92546dc https://www.propertyinvesting.com/topic/4395620-banking-system-what-happens-if-it-collapses/#post-4600508 Fri, 06 Mar 2009 07:32:53 +0000 My pillow is falling apart…. all the money will fall out!

]]> a78836360260dfedd6f4587d805e8c9c https://www.propertyinvesting.com/topic/4395620-banking-system-what-happens-if-it-collapses/#post-4600505 Fri, 06 Mar 2009 06:35:59 +0000 Thanks for that I will check it out tonight. Though what happens to our mortgages are they just written off?

]]> ffd730e18febfe850c1c3e99b9bffb68 https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/26/#post-4548926 Thu, 05 Mar 2009 01:29:26 +0000 Quote – "Until we have politicians who encourage people to SAVE we will continue to be weak … MONEY and WEALTH is all about EQUITY it's not how many you own but how much cash you are worth …""I agree with you but everytime we save we get charged a tax from the interest earned.  So why bother saving it in the bank.  i would rather invest i…

]]> 35eef101353b8cf3cdf53f7c1ec4e4e9 https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/25/#post-4548920 Tue, 03 Mar 2009 03:54:13 +0000 I think it was Jim Rogers of Rogers Holdings – Yes he said America is going down big time and that you should become a Farmer to "Quote to George Negus" He advised farming would make more profit in the future and that shares were going down further and property in the US was bad thing to invest in.

]]>