https://www.propertyinvesting.com/members/ronny/activity/ Activity feed for Ronny. Mon, 13 Apr 2026 15:22:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7623c318a95a675fea354e010644f3c5 https://www.propertyinvesting.com/topic/4388199-unitsbody-corporate/#post-4561161 Sat, 27 Jan 2007 09:10:10 +0000 Hi,
I believe the over 55’s units are good low cost entry into investing or a great general cash + investment, which supports debt servicing as ones portfolio grows.
One key item is the Manager – what is their tenant turnover like – if the tenants are not happy they will move on like any property. See what seniors competition is within a 5 or 10…[Read more]

]]> 58d1dcc79a43d7cf59b02c6fe875c22a https://www.propertyinvesting.com/topic/4388196-more-questions-on-the-ex-govie-reno/#post-4561151 Sat, 27 Jan 2007 08:48:19 +0000 Hi Jenny,
I agree that if internal & not load bearing no problem. If load bearing I still don’t think you need permit, just structural calc’s to ensure is safe by an engineer.
With the fence, I know you may need a permit with some councils in Vic.
Have a look on your councils website with all this stuff, usually informative. Maybe ring them and…[Read more]

]]> 56c54bacde4e8783a919446b6ec7dd40 https://www.propertyinvesting.com/topic/4388183-your-views-on-dandenong/#post-4561077 Sat, 27 Jan 2007 07:58:35 +0000 Hi Sanjiv,
Your strategy sounds good. I think the Dandenong area has been a little under priced in general the last few years, not too much though. I was looking in Eummemerang ( or however you spell it) not too long ago.
I think you need a property of reasonably good standard, close to public transport, etc in this area.
I agree that the…[Read more]

]]> 300fa82d24bf5c7c5bebe490a89d846f https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/page/2/#post-4559468 Sat, 27 Jan 2007 05:01:28 +0000 Hi Wayne,
great success story on the back of great capital gains. Great equity available as foundation to continue to grow portfolio.
I think most property investors get to a point where debt servicing restricts growth during the building of a portflio.
Cash +/+geared properties should always allow growth, but most of us know that capital growth…[Read more]

]]> 3ce7610a84e171e331c038a8e2242076 https://www.propertyinvesting.com/topic/4386041-to-those-of-you-who-have-more-than-one-ip/page/2/#post-4551130 Sun, 23 Jul 2006 06:45:24 +0000 Have 14 props (ex residence) with current LVR of about 60% – plenty of equity left. Cost about 7K pa to own before tax – positive after tax. 1st one approx 10yrs ago, next couple over a few years, then got into it. Could have done a lot faster but was very conservative back then.
Target positive geared when possible, but always cash positive after…[Read more]

]]> 28b5036b724999407644ff637374c4e3 https://www.propertyinvesting.com/topic/4383491-benalla/#post-4537000 Mon, 12 Dec 2005 06:06:22 +0000 Benalla has its fair share of low income population, of which some can be a bit rough. Seems like a reasonable buy without knowing/seeing the properties. I suggest they would be cash+.
For a Lawyer try Jeff Francis on 03 5721 8300 if you hav’nt found someone yet. He is from Wangaratta but does a fair slice of Benalla’s legal business – not much to…[Read more]

]]> f9d7adef97638f6eb04516c7dab240a4 https://www.propertyinvesting.com/topic/4383335-choosing-a-pm/#post-4536111 Fri, 25 Nov 2005 09:04:18 +0000 Hi katfrat,
ask for referee’s, ask for randam selected with names starting with a particular letter so hard for them to specifically select. They may not give to you due to privacy issues, but say you just want name & phone number.
I have found PM with larger rent rolls with multiple staff in dept do a better job and larger franchised agencies…[Read more]

]]> d017610604240029abb6795ba7e4b6c3 https://www.propertyinvesting.com/topic/4383082-what-can-i-do-with-2k-and-time/#post-4534746 Sat, 12 Nov 2005 04:26:41 +0000 Hi Pipe,
add 12 to 15K equity to what you have got, use your time to find a small 100 – 120K or so IP thats CF+ and your away. Start small – grow over time. No equity – got something to sell to get more starter cash????
Get your noodle working hard enough and you’ll find a way. get into it.
Ronny

]]> a7b69df1e615de3aa2a3d0cd236d8977 https://www.propertyinvesting.com/topic/4383060-paying-yourself/#post-4534551 Mon, 07 Nov 2005 09:10:30 +0000 Your expenses are deductable anyway. Sounds like what your asking is, for example, can I have a vehicle as tool of trade, claim full cost/expense, etc aginst income of work done on your own property.
Theoretically you could do this but with little advantage or significant increased risk of claiming unjustifyable expenses – could be dangerous.
I am…[Read more]

]]> 7f237cf1247218610b55e0ee0521a9c7 https://www.propertyinvesting.com/topic/4383062-how-to-invest-full-time/#post-4534570 Mon, 07 Nov 2005 09:00:04 +0000 Keenaz,
one way would to be get out and look at deals, do the numbers, study the market/s, look at what ifs, Study prices, movements, returns, cash flows, etc.
Put the time in when you can to learn as Dr X suggests.
best of luck

]]> 9d34625dd6590cddf6352fa6c3edaf55 https://www.propertyinvesting.com/topic/4382835-getting-started-32/#post-4533427 Tue, 25 Oct 2005 12:19:15 +0000 I am told and hear that lenders don’t like less than 50m2 but I have not had a problem, using equity though – so I suppose any more than 80% LVR might be a problem without other equity or the balance in cash. Your student accom deal seems too good to be tru.

]]> 4947fabbaea43f1b4a7668eb190a376f https://www.propertyinvesting.com/topic/4382863-help-on-off-the-plan/#post-4533588 Tue, 25 Oct 2005 12:02:41 +0000 I concur with other posts, but remember in addition to the completed value, presuming you will hold for a time and rent out, research earning potential. If in a large development they will probably all come onto the rental market at the same time so may have to wait a little longer to let. Look to offer or add something to differentiate from the…[Read more]

]]> d5e7d021e21406c0ab9223212c854c1b https://www.propertyinvesting.com/topic/4382254-whats-the-star-at-the-side-of-your-name-for/page/2/#post-4529852 Tue, 25 Oct 2005 11:33:55 +0000 I reckon half of you are bored

]]> c139d893744eca2fe3d7a0fd706b7df6 https://www.propertyinvesting.com/topic/4381769-cash-flow-positive-property/#post-4526817 Sun, 21 Aug 2005 09:12:25 +0000 Hi,
I don’t know about a bust or not. I do know good yields & deals are harder find, but CF+ still around in Aus, just need to be patient and keep looking, maybe think a bit differently. I personally don’t see a lot of future with neg geared – restricts no of properties over time, gearing, servicability, etc. Little capital gain currently so CF+…[Read more]

]]> be1dc6a6918635383208a0da99a3e1f8 https://www.propertyinvesting.com/topic/4381739-help-analysis-paralysis-adelaide-ireland/#post-4526614 Thu, 18 Aug 2005 11:59:40 +0000 Hi,
you have a few goals. list them and prioritize. get some professional advise on best how to achive the goals and maximise use of cash. In regard to purchasing an IP – do from a pure business/return perspective and a distance away from you, so you don’t spend half your time looking at it – the novelty wears off over time anyway, especially as…[Read more]

]]> 24cac51ea8c43a5368961c3f162b338e https://www.propertyinvesting.com/topic/4381721-any-advice-would-be-appreciated/#post-4526512 Wed, 17 Aug 2005 12:59:12 +0000 Hi BG,
I have looked about in most of the area’s you mention in the past two years. Maidstone probably the best – In the “ring”, has had a fair bit of price growth but maybe have more to go. This area of western suburbs gaining momentum. Seymour & Churchill overpriced now maybe and as you say limitd markets. Melton may have some potential over…[Read more]

]]> 71137c7642be77c78ecfcc1de26b873f https://www.propertyinvesting.com/topic/4381731-property-investment-basics/#post-4526572 Wed, 17 Aug 2005 12:36:11 +0000 Hi Clones,
I am far from an expert in all markets, however with a little equity you can purchase a cash positive property with someone elses money, cash on cash return can be huge. Also can use equity and gear on trading markets but probably not more than 50 or 60% – cash on cash return much lower. A company can go bust and dissapear up its…[Read more]

]]> cb8e43bc93648bce72254820be575fa4 https://www.propertyinvesting.com/topic/4381622-creative-deposits-ideas-sought/#post-4525808 Tue, 16 Aug 2005 12:06:42 +0000 Indigo V
get a cf+ property with little or no money down. Use a bank garuantee as deposit – see what equity you have available, it may be more then 10K. get advice and a good Bank Manager or funder – build a good relationship with then – you will be surprised what one can achieve – there’s plenty of others cash out there to use. Find a way to…[Read more]

]]> 8892ddc863cfea2663f3b26ed5391f99 https://www.propertyinvesting.com/topic/4381709-do-we-pay-off-our-mortgage-first/#post-4526358 Tue, 16 Aug 2005 11:39:19 +0000 Hi Beegee,
why not do both. Get cash+ IP as well as pay down your mortgage as much as you can or even faster over time. You’ve got plenty of equity to borrow against – if you purchase and is CF+ and/or +geared you can maintain or increase rate of mortgage reduction. There are plenty of other influences & factors such as lifestyle, aspirations etc.…[Read more]

]]> 5d694167e7b015110aae7e9624265324 https://www.propertyinvesting.com/topic/4380918-where-are-the-bargains-at/#post-4521091 Tue, 16 Aug 2005 05:27:00 +0000 Hi there. My experience is if that everyone is talking about it, its either old news or close to it. I’m with Mort Hunter – they are around you in Aus and antwhere else, just have to look and look some more.I’m sure there are good deals In USA & NZ also. Subscribe to API magazine and find out what is old news, so you may not waste time looking in…[Read more]

]]> 5129b329f2df28c7261fc45dfa49c324 https://www.propertyinvesting.com/topic/4381678-quantity-surveyor-in-mel/#post-4526233 Tue, 16 Aug 2005 04:58:00 +0000 I have used Washington Brown in Melbourne exclusively – no complaints but I’m sure the others mentioned OK also. GPS network looks like good price too.
Steve B

]]> f1ef147f9219d7dce885ca976d9f9dd4 https://www.propertyinvesting.com/topic/4381552-changing-from-negative-geared-to-positive/#post-4525401 Mon, 15 Aug 2005 12:19:23 +0000 Mossie,
I don’t have advisory qualifications, however I agree with other postings suggesting you hang on to your current IP’s. Maybe start by sourcing cf+ or +ive geared property and building on your portfolio – first reducing net cash required then moving into +ive over time. Cash +ive properties are out there. A lot will depend on your…[Read more]

]]> 88803f565e7c91cde2a39d9d5ced2a64 https://www.propertyinvesting.com/topic/4381686-positive-cashflow-with-commission-house/#post-4526246 Mon, 15 Aug 2005 07:49:48 +0000 Maruco,
I have a couple of Housing commision homes also in a regional area. Look at old wiring, hot water services, stoves, etc – could be significant cost in the future if need to replace. I also will not purchase if has old cement sheet on any walls, roofing, etc – asbestos – and if need to modify, replace, etc disposal can be time consuming…[Read more]

]]> 2fe0bbfe45c9362ae23acc0910efd38e https://www.propertyinvesting.com/topic/4381599-no-leverage-left-what-now/#post-4525656 Thu, 11 Aug 2005 21:03:29 +0000 In the short term it sounds like the only way forward is a cf+ or +geared property -increase your income after expenses. I would’nt sell anything in the short/medium term. Prop 1 & 2 may be your golden goose over time. I am certainly not an adviser, but would get rid of bad/non income producing debt first if not already.
Steve B

]]> 941ef13e7c08fff305e52606f6e0f63e https://www.propertyinvesting.com/topic/4381572-whats-my-next-step/#post-4525509 Thu, 11 Aug 2005 20:40:45 +0000 Its certainly possible to continue to increase your portfolio and income, and with properties in Vic. All you have to do is find them. If you build your portfolio with cash flow positive properties, your net income will increase and you can keep your debt servicability.I believe one needs to keep $$$$ for contingencies such as interest rises,…[Read more]

]]> 37b463da7952737f8e698ae6bd4142a9 https://www.propertyinvesting.com/topic/4381608-advise-needed-3/#post-4525746 Thu, 11 Aug 2005 09:13:53 +0000 pkluge,
I agree with most of what has been said. rarely get positive geared/cash positive property with sustained capital gains. Also new or near new for depreciation. I have sent you an e-mail regarding a unit development I am involved in which may be of interest if cash/gear positive is what you are looking for.
Steve B

]]> 1870ebbc46cb328979a688d6d8f7b292 https://www.propertyinvesting.com/topic/4381564-where-is-every-one/#post-4525464 Mon, 08 Aug 2005 12:11:29 +0000 Maybe its because great deals are harder to find these days and everyones sniffing around the net and anywhere else looking for the hidden gem.
Could we all be wiser now and don’t need to talk about it so much.

]]> d0700d361a9d5eb0be0c22783ca5217d https://www.propertyinvesting.com/topic/4381510-how-many-propertiesvalue-should-you-own/#post-4525161 Fri, 05 Aug 2005 07:20:29 +0000 I suggest you have a chat with your accountant, financial adviser. A whole bunch of things can influence this decision such as personal tax (advantages/disadvantages), land tax, etc. etc. You can have as many as you can accumulate, the question is whether your ownership structure is efficient, and as per the prior respondant – what, why and where…[Read more]

]]> 17b8c4b7956859bc666865664482bbd5 https://www.propertyinvesting.com/topic/4381336-government-to-send-migrants-to-the-bush/#post-4523854 Sat, 30 Jul 2005 03:55:28 +0000 My experience is that often regional area’s perform similar to capitals for CG (%)- lower initial prices – lower gain, however often better cash flow. Usually up to 2 years behind in trend/cycle of the time. I know of a couple of medium sized cities of 15 – 25K population in Vic which has had a higher than average migrant intake over past 5 yrs or…[Read more]

]]> 78bb6edb0cc0e435e6d8a8daa06cb909 https://www.propertyinvesting.com/topic/4381235-sub-division-costs/#post-4523178 Thu, 21 Jul 2005 07:59:51 +0000 I agree that you should talk to council with a copy of the title with you, and know the dimensions, etc. My understanding is that you will need a plan of sub-division designed by a Surveyor for your application which would come from your site feature survey which will cost up to 1K anyway from the survayor. If the Surveyor is experienced with the…[Read more]

]]> 8b401ea78ad0bf7bdc69f6ea0900e600 https://www.propertyinvesting.com/topic/4381173-pensioner-units-2/#post-4522862 Wed, 20 Jul 2005 12:54:29 +0000 I have studied retirement villages and particularly pensioner units extensively. I have recently purchased 3 units off the plan in a development called homestead life. banks will lend up to 80% + your equity. There are a few other pensioner developments around also. I chose “Homestead Life” because they have full independant units, as most don’t…[Read more]

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