PropertyInvesting.com | Razz | Activity https://www.propertyinvesting.com/members/razz/activity/ Activity feed for Razz. Sun, 12 Apr 2026 22:24:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 45c14575b1d5870f3469ab09b1c32997 Razz replied to the topic Good accountant? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406257-good-accountant-5/#post-4666984 Thu, 26 Apr 2012 04:28:42 +0000 NM7 wrote:
Hi Folks,

While we are on the topic of good accountants – just a quick question as to their charging mechanism. Do you folks get charged higher for having more IPs or does your accountant provide a flat fee structure provided you have set item of works required? If you don’t mind – what sort of rates are you folks paying and how…[Read more]

]]> ed5dc2d1b20a9a7a2e03c6cb7384805d Razz replied to the topic Good accountant? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406257-good-accountant-5/#post-4666980 Thu, 19 Apr 2012 23:16:13 +0000 Hi Elisey,

I’ve used Matt Toohey in Drumoyne/Norwest for years now. He took over from his father a few years ago. I initially used him for small business tax and now I’ve got him onborad with my IP. http://www.tooheyassociates.com.au

]]> 53007ef9002cb281db830648abf7495d Razz replied to the topic Finding a team.. in the forum I'm also currently starting https://www.propertyinvesting.com/topic/4406375-finding-a-team/#post-4667968 Thu, 19 Apr 2012 12:56:50 +0000 I’m also currently starting out but in NSW. I’m already using my normal accountant as he is very good I’ve had him for years. He was referred to me by a friend for business tax and for getting out of potential tax trouble. My solicitor/conveyancer was referred to me by my sister who used him 3 years ago when she had some trouble with her PPOR…[Read more]

]]> 5d4b5546a04d9a4a4ae13f6200a684b1 Razz replied to the topic Too late to invest in Bowen? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406370-too-late-to-invest-in-bowen/#post-4667920 Thu, 19 Apr 2012 07:45:36 +0000 Not exactly sure about Bowen Basin. I try to stay away from the hyped up areas. Diversity in industry is the best defence against getting stuck having to rely soley on mining for the long-term atleast. One thing to consider is that lenders are generally weary of studio & 1 br properties.

]]> 492afdf20eb503a90603b2bb4c73d5da Razz replied to the topic How Much Money Do I Need Saved To Start Investing? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406349-how-much-money-do-i-need-saved-to-start-investing/#post-4667734 Thu, 19 Apr 2012 07:36:40 +0000 Well to start investing you should budget between 10-15% of the cost of the property. 10% for the deposit and the other 5% for costs. If you have more than the minimum required deposit you can play around with LVR to reduce your LMI. It’s not easy saving but having a steady job and remaining focussed will help.

]]> cefc64a1226dae2aa878c747236c1e56 Razz replied to the topic Conveyancing company or solicitor? in the forum I'm also tossing up between https://www.propertyinvesting.com/topic/4385811-conveyancing-company-or-solicitor/page/2/#post-4550057 Thu, 19 Apr 2012 06:40:48 +0000 I’m also tossing up between a solicitor and conveyancer but in Sydney. I think I’ll go with a conveyancer. Just ask around and you should get some good recommendations. I got recommended to a conveyancing company from my accountant.

]]> 3e13934c8e8c04255e224a941ffa7746 Razz replied to the topic 1st investment for under 350k in the forum Help Needed! https://www.propertyinvesting.com/topic/4406350-1st-investment-for-under-350k/#post-4667761 Thu, 19 Apr 2012 05:46:06 +0000 JustAllan wrote:
Yes – Aberglasslyn – that’s what I meant by Rutherford. I always forget it has a different name, because Aberglasslyn was once just a few farms and a dirt road. McKeachies run is new as well, but seems a little more expensive than Aberglasslyn. (Although I haven’t looked in detail. It’s just a personal conclusion drawn from…[Read more]

]]> 68329164069bbeb21d574aa85f3c9a91 Razz replied to the topic broker clauses? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406353-broker-clauses/#post-4667793 Thu, 19 Apr 2012 00:47:56 +0000 I went to Aussie yesterday to see about getting finance also for my first IP. I spent 2 hours there and not once did the lady say anything about clauses or anything like that. I still have to go back with payslips and things before I can get pre-approval so they might go over it then. But I have to say they were so helpful and informative. All…[Read more]

]]> ef37cba1839d4116b1de4eac5e035681 Razz replied to the topic 1st investment for under 350k in the forum Help Needed! https://www.propertyinvesting.com/topic/4406350-1st-investment-for-under-350k/#post-4667758 Thu, 19 Apr 2012 00:36:31 +0000 JustAllan wrote:
The area south of Charlestown (Windale) has a large proportion of government housing tenants. The NSW Gov. has been selling them off for several years, but the area will take decades (if ever) to improve. i.e. If your neighbour is a drug-using, wife-slugging, foul mouth with a dog that never shuts up, children that always have…[Read more]

]]> 47933a96e368898a1bc3047dafe49a65 Razz replied to the topic 1st investment for under 350k in the forum Help Needed! https://www.propertyinvesting.com/topic/4406350-1st-investment-for-under-350k/#post-4667757 Thu, 19 Apr 2012 00:24:13 +0000 grantos_champos wrote:
Why not an older style home in the hunter, something you can add value to. Sure theres plenty of miners on big bucks who want to live in brand new homes but there are still people who don't work in the mining industry who have to live somewhere too.

I thought about that but I’m not really the handy type. And I don’t…[Read more]

]]> ddaecd66f6ade9c1e030f214332fa4e8 Razz replied to the topic 1st investment for under 350k in the forum Help Needed! https://www.propertyinvesting.com/topic/4406350-1st-investment-for-under-350k/#post-4667753 Tue, 17 Apr 2012 23:07:09 +0000 JacM wrote:
I think it would be a good idea to view depreciation as a "bonus" as opposed to a reason for investing.  What would it do to your financial position if 6months after making your purchase, the government suddenly stripped investors of the right to claim depreciation?  Better that the property can stand strong even without de…[Read more]

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