PropertyInvesting.com | QGM | Activity https://www.propertyinvesting.com/members/qgm/activity/ Activity feed for QGM. Mon, 13 Apr 2026 16:37:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 0925d3bb6122949e316467e12bd4748d QGM replied to the topic Depreciation Schedule in Melbourne in the forum Hi Dazza, We use BMT & https://www.propertyinvesting.com/topic/4399273-depreciation-schedule-in-melbourne/#post-4620369 Thu, 25 Mar 2010 05:09:44 +0000 Hi Dazza,We use BMT & Associates for our properties.  They have offices around Australia Melbourne Contact # 03 9654 2233

]]> 8ab35bdeb42291444b45fd3a10abcb63 QGM replied to the topic Feedback on Maurice Finanical Service in the forum Creative Investing https://www.propertyinvesting.com/topic/4398395-feedback-on-maurice-finanical-service/#post-4614861 Mon, 18 Jan 2010 03:33:39 +0000 How about you just ask them to deduct the $6,000 and send you $294,000. 

]]> 10510ee88d2fd1aa323fa2ae46655f62 QGM replied to the topic Get in now or wait 12 months? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397591-get-in-now-or-wait-12-months/#post-4610535 Fri, 23 Oct 2009 05:36:00 +0000 Hi Rafael,Just a thought – why not purchase now at possibly a lower price than that which may  be on offer next year and pay what you where going to save over the next 12 months off the mortgage in addition to the rent I am assuming that you are paying now.   Without knowing your financial circumstances this suggestion would probably be more th…[Read more]

]]> 2732397d2130a4dba097c93de43772e2 QGM replied to the topic Where to download PAMD Form 30C in the forum Help Needed! https://www.propertyinvesting.com/topic/4396994-where-to-download-pamd-form-30c/#post-4607977 Mon, 17 Aug 2009 02:48:39 +0000 Hi Nitrodrops  You can download from the Qld Government website for free.Go to Departments – Look up Fair Trading there is a section for forms and you will find it there.  If you have any problems send me a fax number and I'll forward one to you. 

]]> f0ac82ba41c97660e41f695f4672c6e3 QGM replied to the topic What are the acutal costs from purchasing a IP from the Investors Club in the forum Help Needed! https://www.propertyinvesting.com/topic/4396635-what-are-the-acutal-costs-from-purchasing-a-ip-from-the-investors-club/#post-4606034 Mon, 06 Jul 2009 07:35:30 +0000 Qlds007Minimum 6% ?  How do you know this to be a fact?  If developer sells property at the same price to the public as you can purchase through TIC how does this mean property is usually overpriced?  More importantly – how is it then construed that because a higher commission may be paid to such groups that the buyer is buying an overpri…[Read more]

]]> a00e098fcef15d34e1cca037c50e880c QGM replied to the topic Is Rudd doing the right thing? in the forum doubledown trent https://www.propertyinvesting.com/topic/4395472-is-rudd-doing-the-right-thing/page/2/#post-4599504 Sun, 05 Jul 2009 01:40:51 +0000 doubledown trent wrote:

hbbehrendorff wrote:
I'm sorry that my quickly blotted out 1000 word thesis on very broad economic fundamentals contained some bad grammar,  Obliviously I have been caught out for the fraud I am and no longer have any credibility Because the truth is I failed every grade past the 7th and didn't even complete year…[Read more]

]]> 42097680acc49f2a91cc4124eb9fe92f QGM replied to the topic Can anyone recommend a good Quantity Surveyor in Adelaide? in the forum General Property https://www.propertyinvesting.com/topic/4396622-can-anyone-recommend-a-good-quantity-surveyor-in-adelaide/#post-4605959 Sat, 04 Jul 2009 00:05:09 +0000 I have used a company called BMT Quantity Surveyors for our properties in QLD.  They are a national company and have an office in Adelaide try them.  We have been happy with their services and my accountant likes their reports – helps at tax time. 

]]> 27b71e05d982231a3a18ad641bb1891b QGM replied to the topic Multi leasing? in the forum Creative Investing https://www.propertyinvesting.com/topic/4395357-multi-leasing/#post-4599044 Thu, 02 Jul 2009 04:35:39 +0000 Hi AndrewDAm I right in assuming that this is the home you currently live in?  If so and you intend to do as you have suggested and claim depreciation etc I'm sure you will have Capital Gains tax implications if you decide to sell.  Just check with your tax adviser to ensure you are not setting yourself up for an unexpected ATO surprise.  

]]> e7e77c7cda98304855501d7c29bf8201 QGM replied to the topic Was Burying a Home Now a Mistake? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396614-was-burying-a-home-now-a-mistake/#post-4605908 Thu, 02 Jul 2009 04:26:41 +0000 Wow congratulations on having the intelligence to buy your first home.You say that you could handle an extra $40 per week "if you have to" so why not do it now and have the benefit of building up a good buffer if rates do go up.  This extra payment would have a good effect in reducing your loan much more quickly.I would be very wary of fixing ra…[Read more]

]]> f081450118f9dcabc9b4e98d09e2eb7e QGM replied to the topic Dysart QLD in the forum General Property https://www.propertyinvesting.com/topic/4396529-dysart-qld/#post-4605516 Fri, 26 Jun 2009 05:16:47 +0000 Hi Alister,I'm always wary of just looking at the cash flow a property generates. I much prefer to invest in areas that have a wider macro-economic appeal e.g Capital cities/major regional centres, rather than an area that is predominantly supported by one or two industries.  If the industry slows down or shuts down what value then for your p…[Read more]

]]> f80e7cd9e0802e15db4ad3fe04067e09 QGM replied to the topic Wanted - good developer in SE QLD I can buy house and land package from. in the forum Help Needed! https://www.propertyinvesting.com/topic/4390779-wanted-good-developer-in-se-qld-i-can-buy-house-and-land-package-from/#post-4574111 Fri, 26 Jun 2009 04:52:47 +0000 dr house wrote:
I may look at selling a 4 bedroom, 2 bathroom home in Canungra, which has had excellent growth and never any tenant vacancies.Current rental return $320, but that is a little low (should be around $350).Please contact me if interested.

Hi drhouse  I could be interested – whats the best way to contact you

]]> e6caa6cbb57fed8dab44b1a65d2b418f QGM replied to the topic How much deposit I need for investment property 200k in the forum Finance https://www.propertyinvesting.com/topic/4396546-how-much-deposit-i-need-for-investment-property-200k/#post-4605590 Thu, 25 Jun 2009 07:17:54 +0000  Terry – I agree entirely.  Thanks for the explanation. Much better to keep borrowings simple – sure makes tax time easier.

]]> 6107de028a0f315d4114c9647bac9a77 QGM replied to the topic How much deposit I need for investment property 200k in the forum Finance https://www.propertyinvesting.com/topic/4396546-how-much-deposit-i-need-for-investment-property-200k/#post-4605587 Thu, 25 Jun 2009 06:42:10 +0000 Hi Richard,Just querying your comment that the $10,000 in LOC won't be  tax deductible if  Eric uses it towards purchase an investment property.I have done this on numerous occasions to buy IP and have had no problem claiming the interest as a tax deduction.  If the purpose the money is used for is to produce an income producing asset such as an…[Read more]

]]> cbf1d239b413344d2773d5f3a26cbf4c QGM replied to the topic First IP - Rental Management in the forum Why not go to https://www.propertyinvesting.com/topic/4396557-first-ip-rental-management/#post-4605656 Thu, 25 Jun 2009 06:26:48 +0000 Why not go to http://www.realestate.com and look up available rentals in your area to give you an idea of what you will be competing against.I think asking a few agents in the area how the rental market is is a good idea.  If you say you are looking to provide a rental property (no need to tell them at this stage where) and you want some recent…[Read more]

]]> 19ce46c18974ba8b599520e50e748f04 QGM replied to the topic First IP - Rental Management in the forum Help Needed! https://www.propertyinvesting.com/topic/4396557-first-ip-rental-management/#post-4605654 Thu, 25 Jun 2009 05:01:00 +0000 You have a point, but I feel the market will determine how many tenants are available not a particular property manager. Does the on site manager own the management rights for the complex?  If so they have a vested interest in securing as many tenants as possible as this is how they secure their financial future.  If your tenant has an emer…[Read more]

]]> 0c1505537d48eb638c41fff70fce93ec QGM replied to the topic Owner Builder VS Project Home in the forum Help Needed! https://www.propertyinvesting.com/topic/4394618-owner-builder-vs-project-home/#post-4595099 Thu, 25 Jun 2009 04:45:56 +0000 I owner built a home years ago – NEVER AGAIN.  Too many issues trying to control tradies being on time, budget etc, lenders reluctant to release funds until they had thorough inspections done on each phase -time consuming.Ran over time and over budget, even though I did save some money.Was the stress, angst and anguish worth it – NO.Have sinc…[Read more]

]]> 8b16992508bd97bac0bc95e0a7ba5ea1 QGM replied to the topic First IP - Rental Management in the forum Help Needed! https://www.propertyinvesting.com/topic/4396557-first-ip-rental-management/#post-4605652 Thu, 25 Jun 2009 04:38:09 +0000 We use on site managers.  When they are choosing your tenants they are also choosing their neighbours. 

]]> a718ef105c02cf72585d78f49a38fe9b QGM replied to the topic "THE INVESTORS CLUB" ANYONE HEARD OF THEM OR KNOW WHAT THEY ARE ABOUT? in the forum Help Needed! https://www.propertyinvesting.com/topic/4389727-the-investors-club-anyone-heard-of-them-or-know-what-they-are-about/page/2/#post-4568110 Thu, 18 Jun 2009 05:26:42 +0000 Just a thought.  What is all the talk about TIC and the like charging big fees.  If the price of the property is the same for EVERYBODY in the market place regardless of who they purchase through – TIC, Local RE Agent, builder/developer direct –   does it really matter if the developer/builder decides as a marketing advantage  that paying extra…[Read more]

]]> 60ddf0f868528a1b8d2c35715be3b790 QGM replied to the topic Landlords Insurance - Any recommendations? in the forum For our house/land https://www.propertyinvesting.com/topic/4396183-landlords-insurance-any-recommendations/#post-4603714 Wed, 17 Jun 2009 05:19:08 +0000 For our house/land investment properties we use  Allianz and found them to be excellent.  Have had to make 2 claims in the past 18months and couldn't be happier with how they were  handled.  Very professional organisation.For our apartment investments we use TerriScher.  Haven't had to make any claims yet, but  our PM from experience says they a…[Read more]

]]> 1cd2333bfae1db48b0b7a77730b8640e QGM replied to the topic family need help in the forum General Property https://www.propertyinvesting.com/topic/4396344-family-need-help/page/2/#post-4604552 Tue, 16 Jun 2009 11:00:39 +0000 Hi Spudway.one of life's little wisdoms for you"People who matter don't judge, and people who judge don't matter"Forget Crashy and good luck and well done for having a go.

]]> 72d122af46a956cdd6547574102f5186 QGM replied to the topic Need help at a crossroads in the forum Help Needed! https://www.propertyinvesting.com/topic/4396401-need-help-at-a-crossroads/#post-4604868 Tue, 16 Jun 2009 06:25:25 +0000 Hi Phlang,I would be wary of investing in any area which is predominantly a mono-economic region e.g. miningI believe you always need to consider a good exit strategy before entering into investment property and you limit your options in such an area.Tommygun has lived there so I'd respect his opinion.Much better to invest where there is a vast…[Read more]

]]> 61619f729f872fa787cf2727123785ba QGM replied to the topic All kinds of Annual Fees for Units in the forum Help Needed! https://www.propertyinvesting.com/topic/4396453-all-kinds-of-annual-fees-for-units/#post-4605105 Tue, 16 Jun 2009 05:45:48 +0000 Also a good idea to get a Quantity Surveyors Report to assist your accountant to prepare your tax returns once you have rented the apartment.  This is a onje off expense, is tax deductible and will greatly enhance your verifying depreciation costs.This should cost you around $400 to $600.Companies such as BMT, Depro etc will be able to assist.  

]]> 774ab76ebaae7e7c93a8eb6384ee244f QGM replied to the topic Hotel managed properties in the forum Creative Investing https://www.propertyinvesting.com/topic/4395858-hotel-managed-properties/#post-4601705 Fri, 12 Jun 2009 06:13:18 +0000 They may be fine, however here's something to consider:-They guarantee a percentage return based on sale price for a set period of years.  Have you ever wondered how they manage to continue with guaranteed payments to you during the guarantee period if this time also coincides with a decline in say tourism?  It is fair to assume that there is a d…[Read more]

]]> d57ef5464876acff3a930c1b24897447 QGM replied to the topic info on flipping property contracts in the forum Creative Investing https://www.propertyinvesting.com/topic/4396436-info-on-flipping-property-contracts/#post-4605025 Fri, 12 Jun 2009 05:41:25 +0000 No problem roy22.  If you want to chat further email me at ikr53@hotmail.com  I have experience in this field.

]]> 9f8d29e9bedcbca7cecb29fe71e88624 QGM replied to the topic info on flipping property contracts in the forum Creative Investing https://www.propertyinvesting.com/topic/4396436-info-on-flipping-property-contracts/#post-4605023 Fri, 12 Jun 2009 04:43:06 +0000 Hi roy22ALWAYS a dangerous practice to try to flip developer off the plan stock.  Developers always tend to "push the market" when they set the price and in the current market situation you may find yourself "stuck" with a property you can't flip.Suggest you look for good "used" property you can build some value into and then flip if this is your…

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