PropertyInvesting.com | Rags2Riches | Activity https://www.propertyinvesting.com/members/rags2riches/activity/ Activity feed for Rags2Riches. Fri, 17 Apr 2026 12:40:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 b822fd041e3a3615d461a8402b9fa632 Rags2Riches replied to the topic subdividing in the forum No Subject https://www.propertyinvesting.com/topic/4373079-subdividing-2/#post-4468782 Tue, 04 May 2004 09:17:15 +0000 Originally posted by OutbackJack:
Milly

Just thought you may like to know that http://www.rsvp.co.au is probably a better forum for making new contacts.[blush2]

(Yoda)

Try http://www.rsvp.com.au

Hey I can garantee that it works, met my missus there 5 years ago, still together.

]]> c4db5228a632ea5e8b543b957992a02a Rags2Riches replied to the topic Investors in Property now nervous in the forum No Subject https://www.propertyinvesting.com/topic/4373360-investors-in-property-now-nervous/#post-4470938 Sat, 01 May 2004 21:28:15 +0000 Originally posted by NEWGEN:
Originally posted by Monopoly:
What’s to fear????????

Jo

The only thing I fear is media generated hype. [weird]

But wouldn’t the Media generated hype be a good thing for us poor investors, hey the prices come down and we purchase at a better price.

]]> 01e117ddd4dfba8f0910b4bac50341ad Rags2Riches replied to the topic Topping up in the forum No Subject https://www.propertyinvesting.com/topic/4373271-topping-up/#post-4470307 Wed, 28 Apr 2004 11:00:31 +0000 Because I had a fixed interest rate, they say I had to make the payments each month regardless if I were in front or not, because they say I missed a few payments they say I were in arrears.

]]> 5f27da010290706618892e24614ef322 Rags2Riches replied to the topic Finance again in the forum Help Needed! https://www.propertyinvesting.com/topic/4373230-finance-again/#post-4470035 Tue, 27 Apr 2004 10:13:16 +0000 What about this, I will approach him tomorrow as I feel this is too good an investment to miss.

I approach him on, I purchase the property on the basis that he signs a lease for 12 months, he will be able to pay his bills and also have a little left over, rental at $110 per week will just cover the payments.

At the same time he saves money due…[Read more]

]]> 19bd5bfddb32522d8b210cfee4013d50 Rags2Riches replied to the topic Finance again in the forum No Subject https://www.propertyinvesting.com/topic/4373230-finance-again/#post-4470033 Tue, 27 Apr 2004 05:20:11 +0000 He posibly would need the cash to pay of the bills, long story but his wife now resides with the bloke next door.

Bathroom needs work, and posibly the kitchen, he states you could posibly rent it for around $110 per week.

There is a garage but it has a dirt floor and is wooden, maybe a lick of paint will do that.

Have to ring the bank tomorrow…[Read more]

]]> 9c097f5cfa0d22338afb8509a551e7e5 Rags2Riches replied to the topic Feedback for something different in the forum Help Needed! https://www.propertyinvesting.com/topic/4372657-feedback-for-something-different/#post-4466232 Fri, 09 Apr 2004 06:46:38 +0000 $800 per week rental, wow, geez, I pay $55 per week repayments on my house..

Thinking of purchasing a small caravan and paying $50 a week rent in a van park, geez, charge someone $130 a week here, profit, only my missus will not allow me to do it.

]]> a22abea392a4dddc5c0825d12efab5c3 Rags2Riches replied to the topic Increase bedroom size or not? in the forum Help Needed! https://www.propertyinvesting.com/topic/4372546-increase-bedroom-size-or-not/#post-4465258 Tue, 06 Apr 2004 04:24:28 +0000 Can you mod the plan and show me what you mean?

]]> f186a558a7f3f0394f309160b838f10a Rags2Riches replied to the topic Increase bedroom size or not? in the forum Help Needed! https://www.propertyinvesting.com/topic/4372546-increase-bedroom-size-or-not/#post-4465255 Sun, 04 Apr 2004 22:33:18 +0000 No one else using any sort of software[eh]

]]> 1906a0f8fd9cac65fc9d84117a477dac Rags2Riches replied to the topic Increase bedroom size or not? in the forum Help Needed! https://www.propertyinvesting.com/topic/4372546-increase-bedroom-size-or-not/#post-4465254 Sat, 03 Apr 2004 06:38:05 +0000 OK, did a rough floor plan of the unit

http://www.qsl.net/vk3hhh/house/unit/unit.xls

See what you guys think

Anyone know any better software to do this with?

]]> c54c26aaa797b09b0bf63e7e5de5542f Rags2Riches replied to the topic Increase bedroom size or not? in the forum Help Needed! https://www.propertyinvesting.com/topic/4372546-increase-bedroom-size-or-not/#post-4465252 Fri, 02 Apr 2004 13:03:14 +0000 The first room they come into is the Loungeroom, its huge, the whole unit is a converted garage, they walk into the loungeroom and then into the kitchen, one bedroom, small, needs work off course but I reckon increase size.

Brothers are worried that to increase and move the doorway, you have to make a hole in the brickwork, I don’t see a problem.

]]> c397397cb7908496f6217fdfd4d8e90c Rags2Riches replied to the topic Increase bedroom size or not? in the forum Help Needed! https://www.propertyinvesting.com/topic/4372546-increase-bedroom-size-or-not/#post-4465248 Fri, 02 Apr 2004 07:40:34 +0000 The kitchen is at least twice that size, missus reckons you don’t need a big kitchen, all we would be doing is moving a wall 1 metre.

]]> 58f39fccabc9685a77ddad10306c8fb7 Rags2Riches replied to the topic RAISING THE RENT in the forum Help Needed! https://www.propertyinvesting.com/topic/4372195-raising-the-rent/#post-4462240 Sun, 21 Mar 2004 22:37:57 +0000 My thoughts..

I he has been having trouble paying his rent an extra $10 might just tip him over the edge, if he has been a good tenant and keeps the place tidy etc, why increase just yet, let him know that you appreciate him sticking with you and leave the rent as is.

Why risk loosing a good tenant for an extra $10

]]> ae0bf6770dbb98cfca7c5e992853da56 Rags2Riches replied to the topic Once bitten........ in the forum Help Needed! https://www.propertyinvesting.com/topic/4372178-once-bitten/#post-4462064 Sun, 21 Mar 2004 00:18:50 +0000 My rule is every 10K you spend purchasing, you need $15 per week to cover repayments, so if you spend $40K to purchase, you need minimun $60 per week, $60K you need $90 per week..

]]> 7bfea70e8b90b47d94f9a3c150f9d707 Rags2Riches replied to the topic Once bitten........ in the forum Help Needed! https://www.propertyinvesting.com/topic/4372178-once-bitten/#post-4462062 Sat, 20 Mar 2004 12:53:41 +0000 Bit unfortunate that you lost out but hey, luck of the draw, I bought my house 7 years ago, its now triple, I wish I had of bought more..

Whats the 11 second rule, I hear people talking about it all the time.

]]> a471b70875de480292251daf945fbaed Rags2Riches replied to the topic Trusts/Companies in the forum No Subject https://www.propertyinvesting.com/topic/4372007-trustscompanies/#post-4460703 Mon, 15 Mar 2004 00:43:23 +0000 ASIC for companies on 1300 555 600, as for trusts, maybe your local solicitor, not to sure about trusts as I have never dealt with them.

A company will cost you $800 to register plus a few minor expences, you just download and print a form 201 from the ASIC website (www.asic.gov.au) and then go from there.

Remember, each calender year after…[Read more]

]]> 5fc010060a18939c7f424f17963865d8 Rags2Riches replied to the topic Insurance? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371832-insurance-10/#post-4459104 Wed, 10 Mar 2004 01:13:06 +0000 We recently bought it like that Bernard so we are not too fazed as we got it like real cheap, it was supposed to go to a rates recovery auction 5 weeks ago, the owner agreed to sell it to us before the auction so we paid the rates and all legal fees and stopped the auction, we have heard that some people were going to pay around 45K for it at the…[Read more]

]]> d2a96b8db56c4c24b9d3a1e6762e3a6d Rags2Riches replied to the topic Insurance? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371832-insurance-10/#post-4459100 Tue, 09 Mar 2004 11:13:11 +0000 Not currently insured, no idea when it last was, renovators delight.. pics at

http://www.qsl.net/vk3hhh/house/house.htm

Worth a try and will give them a call, hate to put windows in and have them broken.

]]> 57b0e503856d73a8480ae85f87413ec1 Rags2Riches replied to the topic Quiz in the forum Help Needed! https://www.propertyinvesting.com/topic/4371800-quiz/#post-4458954 Sat, 06 Mar 2004 11:25:23 +0000 Marry me.

]]> ec9f4cc49fbbdbdde5af1b89ecfcd659 Rags2Riches replied to the topic Veranda? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371756-veranda/#post-4458674 Thu, 04 Mar 2004 11:56:19 +0000 its a quiet street in Latrobe Valley, the old owner has half a veranda up made out of concrete, its got a kinda side on view to a tennis court and also a football ground, what I am propossing to do is deck it the full length of the front of the house and place a roof over top, it will also add shelter to the front door.

All up, 2BR, single BR…[Read more]

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