PropertyInvesting.com | RyanJD | Activity https://www.propertyinvesting.com/members/ryanjd/activity/ Activity feed for RyanJD. Thu, 09 Apr 2026 15:12:00 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e6eda6cf5d2ec40a581700c2e3874092 RyanJD replied to the topic Legislation changes for rental properties in the forum Help Needed! https://www.propertyinvesting.com/topic/4409762-legislation-changes-for-rental-properties/#post-4693577 Sat, 27 Jul 2013 03:13:17 +0000 If you signed on or after 1st July you need to use Form 1AA in the link below. If before use the original lease.

http://www.commerce.wa.gov.au/ConsumerProtection/Content/Property_renting/Renting/Notices.html

]]> b424f8709524e25fe0351146aab5efe9 RyanJD replied to the topic offset question in the forum Help Needed! https://www.propertyinvesting.com/topic/4409277-offset-question/#post-4690334 Fri, 17 May 2013 14:22:49 +0000 Yep I know my bank use to offer family offset accounts many years ago. Don't know of any that do it now.

]]> 39263865ca4b937f717315eaac172ea6 RyanJD replied to the topic Property Article - How to make a fortune in the forum Forum Frolic https://www.propertyinvesting.com/topic/4408091-property-article-how-to-make-a-fortune/#post-4680941 Wed, 14 Nov 2012 13:08:41 +0000 Articles like this are on the news websites every week but this was one of the funniest. Problem is a lot of people would take this as good advice.

]]> 107e17fc3e023cf9242390c53b5b38b9 RyanJD replied to the topic Bank Account Fees Tax Deductable? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407974-bank-account-fees-tax-deductable/#post-4680020 Sat, 27 Oct 2012 04:05:29 +0000 Thanks for the quick reply Terry!

]]> fba9191ff8e009c74082b55643f16bf8 RyanJD replied to the topic New Site: What do you think? in the forum Help Needed! https://www.propertyinvesting.com/topic/new-site-what-do-you-think/page/6/#post-4674838 Mon, 08 Oct 2012 19:12:24 +0000 I still find it very annoying the left and right of the webpage are blank. it's like it's centered on 50% width and it makes me have to scroll down the page sooo much.

]]> 2196367db4a5a124e637358d068066a7 RyanJD replied to the topic depreciation schedules in the forum Help Needed! https://www.propertyinvesting.com/topic/4407817-depreciation-schedules-5/#post-4678950 Mon, 08 Oct 2012 19:06:55 +0000 Some don't visit the investment property and these are usually the cheapest they get you to provide the information.

Ask for a discount for 2

Also these SHOULD be tax deductable

]]> 8ec45c400def0038e28e3b94261146fa RyanJD replied to the topic Changing your Signature in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407656-changing-your-signature/#post-4677687 Thu, 04 Oct 2012 20:47:16 +0000 With the hundreds of times I've signed my name I don't think one has been the same. If you change your signature I would suggest you update your bank, license cards just incase someone checked them.

]]> a20b849d44b02df019e705f2c4401b86 RyanJD replied to the topic most affordable suburbs within 20km of a capital city CBD in the forum General Property https://www.propertyinvesting.com/topic/4407661-most-affordable-suburbs-within-20km-of-a-capital-city-cbd/#post-4677703 Wed, 19 Sep 2012 14:48:27 +0000 Balga and Koondoola are expensive in value for the rental return now. As these are lower value suburbs lots of people have purchased them as a owner occupier. People have noticed this and increased the sale price massively. 4×1 760sqm were going for 300-320 at the start of the year. Now a lot are in the 360-400k. I own a house in the next suburb…[Read more]

]]> 072d631886053f904fbe5c419f26ba2d RyanJD replied to the topic Programs/Software/Applications in the forum Help Needed! https://www.propertyinvesting.com/topic/4407536-programssoftwareapplications/#post-4676839 Sun, 09 Sep 2012 14:40:49 +0000 first figure out a layout without any calculations just the figures not do anything fancy just get it on the sheet. Then play around with it.

Example TAX

2012/13  Interest Insurance Repairs Improvements Cleaning Transport Water/Council Court Fee's Other
         
July  $
August …[Read more]

]]> 83c4faca949ba26f70a95e5cc49da50c RyanJD replied to the topic Programs/Software/Applications in the forum I would upgrade your excel https://www.propertyinvesting.com/topic/4407536-programssoftwareapplications/#post-4676832 Sat, 08 Sep 2012 06:14:26 +0000 I would upgrade your excel documents, I currently have an excel document i made myself which i updated bit my bit, it pretty much has every part of my life to do with money in it. Also makes it less complicated because I've added what I've needed.

Income sheet – Salary, rent & misc cash
Spending sheet – Bills, food, alcohol, health car,…[Read more]

]]> ef57b717e9c557c9444d0ab7f317ae14 RyanJD replied to the topic First IP in Perth / Advice Needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4407489-first-ip-in-perth-advice-needed/#post-4676544 Thu, 30 Aug 2012 05:12:19 +0000 depends on the terms good and what you are personally looking for.

Higher rents, more capital gains, future potential land development etc.

Saying you can only afford between 200-400K is a big difference.
Go see a broker and see what you can borrow as online calculators dont factor is many things.

This forums has a great source of info, I've…[Read more]

]]> 86f0afea5de64bd214a97b3cfc9c427e RyanJD replied to the topic Mortgagee in possession in the forum Help Needed! https://www.propertyinvesting.com/topic/4407391-mortgagee-in-possession-2/#post-4675711 Sat, 18 Aug 2012 10:42:13 +0000 Everyone hears that these are the cheapest to buy, not always true but i have seen a few.

]]> 32673ff2d26636c6c2bc79fef76af19e RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/page/2/#post-4666651 Thu, 16 Aug 2012 17:26:41 +0000 Well after calling the bond administrator yesterday arvo to find out where my bond money was the girl on the phone said it was waiting for approval from a manager. Well after the call i checked a few hours later and the money was deposited into my bank account.

Still waiting for the refund from the property seizure and delivery order which the…[Read more]

]]> 705fb69470a3d7a54bb65d13d8d7e9b3 RyanJD replied to the topic New Site: What do you think? in the forum Help Needed! https://www.propertyinvesting.com/topic/new-site-what-do-you-think/#post-4674737 Sun, 05 Aug 2012 09:35:41 +0000 Some suggestions,

The main links up the top "Home" "Profile" etc should be between the protertyinvesting.com image and the search bar. Its is just wasting space having it on a separate row.

The blue column down the side with "Welcome" "Recent Achievements" etc should be locked on the far left giving much more room for the actual thread so it'll…[Read more]

]]> ebfd93ded996f6375ec3d19ed62be919 RyanJD replied to the topic Renovating Workshops in Perth in the forum Value Adding https://www.propertyinvesting.com/topic/4407216-renovating-workshops-in-perth/#post-4674325 Wed, 25 Jul 2012 15:48:40 +0000 Have you just looked on youtube?This is what I did and then tiled my laundry and toilet. 4 years on its still good and was cheap!I have not done the bathroom as I know it has a lot more work that needs doing but I might look into it down the track if the tenants ever leave.

]]> b7c072e7da0bb89154d34dd347d256ee RyanJD replied to the topic Mould is hurting my ears . . . in the forum Help Needed! https://www.propertyinvesting.com/topic/4407194-mould-is-hurting-my-ears/#post-4674195 Mon, 23 Jul 2012 14:17:00 +0000 I went to viewing for a house for sale the weekend before last and the roof was about half that bad. Didn't want to touch anything!I wonder if a sunlight in the roof would help stop moisture building up

]]> 5649e8e330a49df1af75639c66140d19 RyanJD replied to the topic Mould is hurting my ears . . . in the forum Help Needed! https://www.propertyinvesting.com/topic/4407194-mould-is-hurting-my-ears/#post-4674192 Sun, 22 Jul 2012 03:51:31 +0000 This might be a good readhttp://www.public.health.wa.gov.au/cproot/2887/2/Mould%20Fact%20Sheet.pdf

]]> a93d9a218b6ccc6a064bfade7ae93c27 RyanJD replied to the topic New hooks on walls in the forum General Property https://www.propertyinvesting.com/topic/4407092-new-hooks-on-walls/#post-4673520 Sun, 15 Jul 2012 12:47:43 +0000 Yeah 3M is just a brand of stick on hooks. I tend to like them better then other due to the way you can pull them off without damaging the wall. You pull downwards which puts tension on a bit of the paint at a time.Other sticky ones you pull away from the wall with can cause the paint to come with it if the paint is bad or old.

]]> 115510a8270467d9293e7c1c5cd22fa6 RyanJD replied to the topic Positive gearing/negative gearing in the forum Help Needed! https://www.propertyinvesting.com/topic/4407119-positive-gearingnegative-gearing/#post-4673741 Sat, 14 Jul 2012 11:09:55 +0000 Speak with a mortgage broker and make sure they set up the loan the best way for your needs.Eg Interest only, offset account, varriable/fixed etc

]]> d14cab6cc15aa74d0dd7f4e1b6993a03 RyanJD replied to the topic New hooks on walls in the forum General Property https://www.propertyinvesting.com/topic/4407092-new-hooks-on-walls/#post-4673515 Sat, 14 Jul 2012 10:32:16 +0000 Get them to use the 3M hooks with the tape. I've used these for quite heavy paintings and they have been fine for over a year!Some of the hooks can hold 2KG+ eachOtherwise if they are really heavy paintings maybe get some proper hooks and put them in yourself for them.

]]> 4b08e9846418831e5dab17a34f982c8d RyanJD replied to the topic Is this a good deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407115-is-this-a-good-deal-10/#post-4673712 Sat, 14 Jul 2012 10:16:41 +0000 You need to compare the rentals in the complex and in the suburb to the unit your looking at. Will the rent be the same? Is the rental demand high or will it be vacant for a while?Most body corporate fees are tax deductable but I don't belive sink fund fees are from what I've read.Have you had someone looks at the strata paperwork incase the…[Read more]

]]> c078f94dd1a49a1d8a99ddf554052760 RyanJD replied to the topic Positive gearing/negative gearing in the forum Help Needed! https://www.propertyinvesting.com/topic/4407119-positive-gearingnegative-gearing/#post-4673739 Sat, 14 Jul 2012 10:09:57 +0000 Have you already purchased the property as you say you have but then you say you'll be borrowing the full amount? You need to speak with a solicitor about this and have him go over the contract plus other stuff. So much stuff needs organising before hand. What happens if you two split up and the title is in your name but mortgage is in both yo…[Read more]

]]> 1f998ad651a1b05535b97a8096454009 RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/page/2/#post-4666650 Wed, 11 Jul 2012 15:33:37 +0000 WomeninPropMelb wrote:
Well that is good for the property market but not good for investors… well in some senses. I just dont get the way the press promotes these things.. they are all doom and gloom here and last night on the Tv first time they are saying it has turned around. But try finding a bargain! Pft… no where to be found!! Good…[Read more]

]]> 6c8f71560a5254b7f660144cb767ecca RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/page/2/#post-4666648 Mon, 09 Jul 2012 22:30:20 +0000 WomeninPropMelb wrote:
Good on you RyanJD. That bug is hard to shake once it gets to you. I hope you buy well. They are saying the property market has turned the corner here in Melbourne (which I suspected) so probably good time to pick up some good buys before too many people figure that out and get back into the market and push prices up.…[Read more]

]]> 75c3dd60a244752b83324652386254c1 RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/page/2/#post-4666646 Mon, 09 Jul 2012 13:43:29 +0000 Dubstep wrote:
Good work.    Get those locks changed  !

Will indeed tomorrow! Going to head to bunnings and look for new locks and possible a new front door, tenants decided to paint the door with wall paint that was in the garage from previous reno! hahaAlready feel the reno bug crawling inside so better not let it excape to much. With fou…[Read more]

]]> fbe06de437ae4618c6a63da6b4012d11 RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/page/2/#post-4666643 Mon, 09 Jul 2012 03:24:19 +0000 Called the Magistrates Court and Bailiff Office.Property Seizure & Delivery Order has now been cancelled by the Magistrates court after emailing them both with details.They are going to send me a cheque for $368.40 not including the application fee which was $66.

]]> 71a31665ca68bad7a3a2caa7bf0cb492 RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/page/2/#post-4666641 Sun, 08 Jul 2012 15:14:50 +0000 So just got back from the IP. Tenants have removed all belongings from the house and garage except 2 CRT tv's, a lounge and a few car parts. No damage to the house by tenant but very dirty walls and floors need a days clean, paint chipped off some walls and some skirting board has been cracked or fallen off. I'll leave as wear and tear. Took a f…[Read more]

]]> 90cfd9525eb2d5b473217c2586fb6ea4 RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/page/2/#post-4666640 Sun, 08 Jul 2012 13:26:15 +0000 Well tenant has just sms'd me saying my keys are in the meter box, so going to go over and see tonight with a friend and take photos of everything.If its ok I'll call up the magistrates court and see what the process is and if i have to cancel the bailiff and if i can get a refund.

]]> db5fe5c7840c09f1ecf1e13e6eed4253 RyanJD replied to the topic Electrical safety switch in a home in the forum Help Needed! https://www.propertyinvesting.com/topic/4407054-electrical-safety-switch-in-a-home/#post-4673237 Sat, 07 Jul 2012 08:18:53 +0000 "Safety Switch" aka residual current device (RCD) Depends on state! W.A. info below, your not allowed to sell or rent your house if you don't have them.http://www.commerce.wa.gov.au/EnergySafety/RCD/

]]> 0fd421cdf64d8b61cc1155043769138e RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/#post-4666637 Sat, 07 Jul 2012 06:57:37 +0000 Thanks for the input "WomenInPropMelb", I just hope I can get all of this done quickly so I can move new tenants in and carry on looking for another IP.It has been a good learning curve for myself as I've only been a landloard a year and a bit. I have friends who are private landlords and they wouldn't have a clue what the process is if a tenant s…[Read more]

]]> 07f1d48db2f5c3474fa9e41f1e1a09a1 RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/#post-4666635 Sat, 07 Jul 2012 01:16:51 +0000 The tenant still lives at the address and both court notices were send to that address by the courts. I got mine fine so good chance he is lying like the rest of the things he lies about. I've got emails and sms's that he has been lying about things through out the last 6 months in case he wants to play innoccent to the courts which I'll use it a…[Read more]

]]> fd550dc5041d2f171a0cdb4643feecf0 RyanJD replied to the topic Working from Home in the forum Check your councils website https://www.propertyinvesting.com/topic/4407025-working-from-home/#post-4672980 Fri, 06 Jul 2012 09:40:05 +0000 Check your councils website or give them a call. If it just yourself with a computer it should be fine.If people are coming and going, multiple staff, cars etc thats another thing.This is the stirling council document – http://www.stirling.wa.gov.au/Business/Businesses-commercial-and-industrial/Home%20based%20business/Home%20Office,%20Occupation%20…[Read more]

]]> 173fe5a7cb09de21c8fe983ecf5c228c RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/#post-4666633 Fri, 06 Jul 2012 08:11:09 +0000 Time to give up vacant posession of the property was Wednesday. Tenant says he knows nothing about it and wont move because and didn't get any letters from the court. Also says he has the best lawyer in Australia!  Must of been the same lawyer who told him to withhold rent from me haha.Just filed for a Property (Seizure and Delivery) Order which…[Read more]

]]> 0ad24d2cfb28466a89e2f7356f888418 RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/#post-4666632 Sat, 30 Jun 2012 10:23:27 +0000 Well I told the court they owe about $2700, didn't move out or pay the rent before the notice termination day. Did not mention anything else. One thing to note is that the court application is 30 days max from the termination date, i knew this but forgot the days which ended up being 31 days but the judge said he has accepted it under his power to…[Read more]

]]> e41fc4e07f63d5c76387d1bfe2af4f17 RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/#post-4666627 Thu, 28 Jun 2012 20:04:37 +0000 Just went to court Wednesday, tenants didn't show. Contract has been terminated by the judge after i showed them the evidence. They have 7 days to leave the premises. So we will see what happens. They are currently 1 month behind in rent. I got landlord insurance.

]]> 7ad545c02be0efb32d92e6ab1e9ff1f8 RyanJD replied to the topic residence or investment house in the forum First make sure you can https://www.propertyinvesting.com/topic/4406921-residence-or-investment-house/#post-4672301 Fri, 22 Jun 2012 17:48:44 +0000 First make sure you can subdivide before spending money.If you subdivide and build the new townhouse will be an investment because you'll be living in your current house.

]]> 097ff59212b31e1874ebd2dc8e4906cd RyanJD replied to the topic Passed in at Auction...please help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406922-passed-in-at-auction-please-help/#post-4672308 Thu, 21 Jun 2012 17:45:34 +0000 When a auction I went to (WA) got passed it was 10% deposit, no building or finance clauses in contract and 30 days settlement.After it got passed in they had open deposit offer, finance clause allowed but didn't ask about settlement.Make sure you got your finances sorted 100% and check ya credit file in case of any problems!Can you not just call…[Read more]

]]> 42930ae74c2aebb319ab76a6642e3a2f RyanJD replied to the topic Passed in at Auction...please help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406922-passed-in-at-auction-please-help/#post-4672303 Thu, 21 Jun 2012 05:40:05 +0000 I've noticed houses repossesed by banks don't budge on reserve price at auction. Not sure if this is due to legal issues if the house sells for less then it's worth and the ex owner can sue.Do you know which bank it's with? Maybe setup finance with them if an good offer can be made

]]> bd1954dac2ba1ab658097a4073a05e49 RyanJD replied to the topic residential depreciation schedule PERTH...help please in the forum General Property https://www.propertyinvesting.com/topic/4406736-residential-depreciation-schedule-perth-help-please/#post-4671035 Mon, 04 Jun 2012 04:31:27 +0000 I also used Washington Brown, was about $550-600 for my 4×1 in Perth. Only problem I had was trying to email them at one point. It said there email inbox was full and they couldn't accept anymore.They called my tenants to arrange a time. Took about three weeks from emailing them to getting the report. I initally was going to do a checklist type o…[Read more]

]]> 5292847d9ae464f6968f5dcee5c291d6 RyanJD replied to the topic Advertising for Tenants for a rental Property?? in the forum General Property https://www.propertyinvesting.com/topic/4406752-advertising-for-tenants-for-a-rental-property/#post-4671138 Mon, 04 Jun 2012 04:20:24 +0000 Hardly anyone looks at property in the newspaper anymore, unless they are the elite type stuff i would think.Most people just use realestate.com.au, domain.com.au or gumtree.I used gumtree and had over 10 applications in 10 hours. Some not worth the reply or read.You can always get a property manager to advertise on realestate or domain for you…[Read more]

]]> 91e20824d2321bed4069b116b71fd427 RyanJD replied to the topic Landlord Handbook? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406532-landlord-handbook/#post-4669394 Mon, 07 May 2012 09:47:03 +0000 I found in W.A. the commerce website provides a great deal of information. I'm sure things are different in Victoria but they might have a similar websitehttp://www.commerce.wa.gov.au/consumerprotection/Content/Property_renting/Renting_and_tenancy/Landlords/index.htm

]]> fc4a9bfe99dab13b2da09d9ef7b9941c RyanJD replied to the topic Query About Bank Repossessed House Passed in at Auction and Auctioneers Responsibility - W.A. in the forum Help Needed! https://www.propertyinvesting.com/topic/4406294-query-about-bank-repossessed-house-passed-in-at-auction-and-auctioneers-responsibility-w-a/#post-4667319 Wed, 11 Apr 2012 22:53:03 +0000 The agent said after the house was passed that the bank would accept any offer over $250,000.Only one person put an offer in while at the house. I don't understand why that person would add another $10,000 to what would be accepted when they saw no one else put an offer in.I actually thought about putting my first offer at $260,000 then I t…[Read more]

]]> 36e9f661eafcf17587c39acd3fd635db RyanJD replied to the topic What type of vehicle do you have ?? in the forum 1998 Supercharged Holden https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/21/#post-4525041 Wed, 11 Apr 2012 18:54:33 +0000 1998 Supercharged Holden Calais – Paid $47501988 Turbocharged Toyota Supra – Paid $4000Not a fan of paying for things that depreciate in asset.

]]> 5a6eceef8bde155a1addd536ecb8ad45 RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/#post-4666623 Tue, 10 Apr 2012 10:00:08 +0000 Tenants have paid all the money owed few days after I posted this. They also said my neighbours have given them the money for the fence repair, don't know whether to believe that or not. Tenants are requesting to stay another three months on a fixed lease as they are building their house.Hearing is tomorrow we'll see what happens. I do find it st…[Read more]

]]> efceee7549096b66733c263ba2f4e029 RyanJD replied to the topic 'As is condition' in the forum Help Needed! https://www.propertyinvesting.com/topic/4406264-as-is-condition/#post-4667041 Mon, 09 Apr 2012 11:47:30 +0000 I've noticed banks don't allow any clauses unless it gets passed in.Few I've been to a few who want 10% deposit, will not allow early access, 30 days settlement and no pending finance.

]]> 6133cd09f6cc4f5da09b34294ffa6b4f RyanJD replied to the topic After advice for Taking a Tenant to Court in the forum Help Needed! https://www.propertyinvesting.com/topic/4406224-after-advice-for-taking-a-tenant-to-court/#post-4666621 Mon, 02 Apr 2012 04:34:05 +0000 Hi Derek thanks, I've actually read that website over a dozen times, every form, document and it points out I'm doing anything correctly. The only thing the website doesn't say is how much time you have to give them on the termination form to move out of the house.DWolfe, I didn't say I would pay for further repairs, only said I would pay them…[Read more]

]]> 8bfc9345418ed3308188d7eee415242a RyanJD replied to the topic Which is better? Old or New? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406170-which-is-better-old-or-new/#post-4666121 Sun, 01 Apr 2012 13:42:27 +0000 I always look at older houses only if it has a potential to either subdivide or renovate and add more value. Make sure you check how much it will cost for repairs/maintenance as well.  As your a FHO you'll have to live in the house for the specified time until you can rent it out. In this time if you get the older house you can do reno's and…[Read more]

]]> 648b44eb71187bb6c2d064c2fdeeface RyanJD replied to the topic Balancing the first deposit on a IP/ and need for a 'new' car - Help please! in the forum Help Needed! https://www.propertyinvesting.com/topic/4405922-balancing-the-first-deposit-on-a-ip-and-need-for-a-new-car-help-please/#post-4664157 Thu, 23 Feb 2012 13:06:37 +0000 Why not buy a cheap/reliable car for 2-3K and once you purchased your investment property sort out what you have and what you can spend. Car loan interest rates are much higher then home loan interest.You can always resell the car and purchase a more expensive car afterwards

]]> 12dc6968ae2152e0bd9fd42248fc2997 RyanJD replied to the topic Credit cards effect on borrowing in the forum Help Needed! https://www.propertyinvesting.com/topic/4405888-credit-cards-effect-on-borrowing/#post-4663947 Tue, 21 Feb 2012 10:22:15 +0000 The way I do it is pay everything on my credit card (food, fuel, parking, bills etc) and then pay off the credit card with the money in my offset account before the "55 days".Its not really 55 days its something like 30 days interest free then you have 25 days to pay off that interest. So if you pay if off at the start of the 55 days and pay it…[Read more]

]]> 887e5f5ec206ecf6304570849007872a RyanJD replied to the topic Living In PPOR but Renting out Rooms - Claiming expenses in the forum Help Needed! https://www.propertyinvesting.com/topic/4405724-living-in-ppor-but-renting-out-rooms-claiming-expenses/#post-4662687 Sun, 29 Jan 2012 02:10:39 +0000 Thanks for that, tried using to ato website yesterday to get the information but it was down.Anyways info herehttp://law.ato.gov.au/atolaw/view.htm?docid=ITR/IT2167/NAT/ATO/00001

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