PropertyInvesting.com | Rob123 | Activity https://www.propertyinvesting.com/members/rob123/activity/ Activity feed for Rob123. Mon, 13 Apr 2026 13:56:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 929f1ecae4c0beee9eb47007f7c9cc99 Rob123 replied to the topic Property investment seminars - genuine only! in the forum Help Needed! https://www.propertyinvesting.com/topic/4407966-property-investment-seminars-genuine-only/#post-4679970 Mon, 29 Oct 2012 00:37:53 +0000 Hi VirtualT,

It’s actually “advice”, not “advise”… now what’s that phrase.. something about glass houses and throwing stones?

Cheers

Rob

]]> dab474175a7768d8d953342d258934cb Rob123 replied to the topic Made a big mistake with my IP and need help to fix in the forum Help Needed! https://www.propertyinvesting.com/topic/4407880-made-a-big-mistake-with-my-ip-and-need-help-to-fix/#post-4679323 Mon, 15 Oct 2012 10:10:28 +0000 Wouldn’t Paul still be able to claim the full amount of redraw, as long it was used to purchase another investment property? Different story if he was to use it to buy his PPOR. He hasn’t said what he would be using the money for.

]]> 42f92d3b72dd07f4cb592dc232a18a8d Rob123 replied to the topic Development finance in the forum Finance https://www.propertyinvesting.com/topic/4407679-development-finance-8/#post-4677859 Mon, 24 Sep 2012 06:36:50 +0000 Hi Alistair,

Thanks for the info! definitely a lot to consider. Obviously with a higher valuation, there might not be as much difference as I'd thought with regards to how much cash/equity I'd need, even with the LVR being lower for a commercial loan (as the valuation would be higher)

I am basically trying to determine which path to take with…[Read more]

]]> fcf79d2f7e7e62b251d15f3fa71706a6 Rob123 replied to the topic Development finance in the forum Finance https://www.propertyinvesting.com/topic/4407679-development-finance-8/#post-4677857 Sun, 23 Sep 2012 03:53:07 +0000 Hi Richard,

I did have that in the back of my mind, but just to clarify, if I initially purchased the property for $550K with a 90% lend, when it comes to knocking the house down, the bank would be asking for some money from me (or lend me less money for construction) to bring the LVR back to 90%? If we say the land value is $450K, they could…[Read more]

]]> 96f3d8d170783616c95598513248b6eb Rob123 replied to the topic Development finance in the forum Finance https://www.propertyinvesting.com/topic/4407679-development-finance-8/#post-4677855 Sun, 23 Sep 2012 02:27:02 +0000 Hi Derek and Michael,

Thanks for the responses!

As Derek mentioned, I would be expecting the need for pre-sales to meet the lender's requirements. Just wasn't sure if I was able to get finance under a residential loan, although it sounds like i should be able to.

The finer details of the project would need to be looked at by a broker to give me…[Read more]

]]> ea6b09e972676e9400c2f5238d509cbc Rob123 replied to the topic Accountant recommendations in Melbourne! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406563-accountant-recommendations-in-melbourne/#post-4669629 Wed, 16 May 2012 10:02:36 +0000 Thanks All,

James from House of Wealth was extremely helpful and was happy to chat over the phone!

Thanks again for the recommendation

]]> 779cf61a580ebf4d37202b862ab8869f Rob123 replied to the topic Accountant recommendations in Melbourne! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406563-accountant-recommendations-in-melbourne/#post-4669627 Mon, 14 May 2012 04:34:32 +0000 Hi Terry,

You raise some good points. I actually hadn’t thought of contacting a lawyer to get this set up.
I just got off the phone with my solicitor, who has told me he doesn’t set up trusts…
I also just rang Mark from M.J. Unwin & Associates, and have been told they are not taking on any more clients at this stage!
Finding a good accountant…[Read more]

]]> bdc241011d9f59b17dfa75056c7bbf85 Rob123 replied to the topic Accountant recommendations in Melbourne! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406563-accountant-recommendations-in-melbourne/#post-4669625 Sun, 13 May 2012 13:16:47 +0000 Thanks Ian,

Have you used Mark Unwin before? And does anyone know how much a trust should cost to establish, along with a company to act as trustee?

]]> 7badae494d9c274ae8eb5f913d5674da Rob123 replied to the topic Accountant recommendations in Melbourne! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406563-accountant-recommendations-in-melbourne/#post-4669623 Sat, 12 May 2012 03:28:13 +0000 Thanks Jamie,
I’ll give them a call.

Cheers, Rob

]]> 861304de09dea748ecd882bb2a32ef1c Rob123 replied to the topic Ownership structure in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406139-ownership-structure-2/#post-4665902 Tue, 17 Apr 2012 13:46:59 +0000 Hi count1234mein,

I am in the exact same position as you, having recently purchased a property in Vic, signed “and or nominees”, and am currently looking at setting up a trust structure. Having spoken to an accountant last week about this, i understand that the company in which you wish to nominate as trustee must be in existence BEFORE you sign…[Read more]

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