PropertyInvesting.com | sam2011 | Activity https://www.propertyinvesting.com/members/sam2011/activity/ Activity feed for sam2011. Fri, 10 Apr 2026 21:22:01 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 58360426112c59f60e64f20d3013b45f sam2011 replied to the topic SMSF Property or Shares in the forum Help Needed! https://www.propertyinvesting.com/topic/4409792-smsf-property-or-shares/#post-4693692 Thu, 01 Aug 2013 04:12:02 +0000 thanks Grant.  We have 100k in super.

the links you provided dont work…looks like ATO has changed its site and not linked pages correctly

]]> 9d17def9c919baa115ae26557b26176b sam2011 replied to the topic SMSF Property or Shares in the forum Help Needed! https://www.propertyinvesting.com/topic/4409792-smsf-property-or-shares/#post-4693689 Wed, 31 Jul 2013 22:28:07 +0000 insights fantastic as usual!

One point i am still struggling with is not being able to borrow against a property in SMSF, I see this as limiting your growth opportunities.  Would you recommend buying a place, creating an offset account and putting any additional funds into that account so that it can be used to purchase another property down the…[Read more]

]]> 49d43ff7cc812ac28ccf9f7d4210a5b1 sam2011 replied to the topic Urgent issue in the forum Help Needed! https://www.propertyinvesting.com/topic/4408916-urgent-issue/#post-4687987 Thu, 07 Mar 2013 05:39:15 +0000 they had some loan issues which isnt a big problem because there is a 7month settlement on the contract.  they were just not advised by their lawyers properly and that is the issue.  

the contract the lawyer wrote had no conditions such as "finance, building, pest"

very very frustrating.

they are now in a position where they have to go ahead…[Read more]

]]> f493fa9defa814baac573929e3824d3f sam2011 replied to the topic Urgent issue in the forum Help Needed! https://www.propertyinvesting.com/topic/4408916-urgent-issue/#post-4687983 Wed, 06 Mar 2013 09:42:48 +0000 Thanks guys.

Just to throw something in the works, they were told by the realestate agent that they will just lose their deposit if they dont go ahead by the cooling off period.

Also I read:
"NSW law provides for a cooling off period in contracts for the sale of residential property (fewer than 2.5 hectares) of five working days.  The cooling…[Read more]

]]> 769f0f97147ca3b9a20478929b64d4ef sam2011 replied to the topic Urgent issue in the forum Help Needed! https://www.propertyinvesting.com/topic/4408916-urgent-issue/#post-4687981 Wed, 06 Mar 2013 09:25:32 +0000 what do you mean exactly with "trouble"

they have gone 1 day over.

unfortunately I was not around to take them through the proper process and deal with the lawyers

]]> 75ddbb54e5d3fa2ab9e9264267b27a0f sam2011 replied to the topic Loans Research in Au in the forum Finance https://www.propertyinvesting.com/topic/4408202-loans-research-in-au/#post-4681922 Wed, 05 Dec 2012 21:51:42 +0000 Hi Richard,

I guess its interesting to see how much money is spent advertising for our money, and secondly just seeing how the australian market is different to the US.  While we look for longer term loans, 3, 5, or 10 year loans, global searches focus is more on the short term loans.  Specifically they are looking at 1month or 12months loans,…[Read more]

]]> 923a13c1823a9f06ee83db63e07ce040 sam2011 replied to the topic What websites do you use to research areas? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405593-what-websites-do-you-use-to-research-areas/#post-4661781 Mon, 16 Jan 2012 01:33:56 +0000 ive put all the sites i use on this blog

propertytools.info

]]> 942d9b7114b5af9ce0c71b2c3d54c603 sam2011 replied to the topic Selling CF+ to buy neg geared in the forum Help Needed! https://www.propertyinvesting.com/topic/4405611-selling-cf-to-buy-neg-geared/#post-4661962 Mon, 16 Jan 2012 00:15:20 +0000 there is a simple rule, if you are paying more tax you are probably earning more.

I dont know why anyone would try and sell something that everyone else is after :)

]]> 72e6b8aed4cc1abda93b1e238f61ff2c sam2011 replied to the topic Rezoning in Hornsby in the forum General Property https://www.propertyinvesting.com/topic/4404892-rezoning-in-hornsby/#post-4656927 Wed, 05 Oct 2011 05:27:58 +0000 thanks michael

]]> ed768154f3a3736f3330e4168a4de375 sam2011 replied to the topic Properties under $300k in the forum General Property https://www.propertyinvesting.com/topic/4404885-properties-under-300k/#post-4656883 Tue, 04 Oct 2011 23:15:53 +0000 just found one….but under offer:
http://www.domain.com.au/Property/For-Sale/House/NSW/Penrith/?adid=2009264757

in penrith

]]> c7f252d56dbc56af4803b33d313f570e sam2011 replied to the topic Properties under $300k in the forum General Property https://www.propertyinvesting.com/topic/4404885-properties-under-300k/#post-4656881 Tue, 04 Oct 2011 22:02:53 +0000 ive heard the talk about QLD, and with the way the market had been going over the last 3 or so years its probably reasonable to think it will have a spike. i guess similar to the share market once prices drop, its a good time to buy.

I am not the kind of person that will listen to the news about property prices dropping by some 25% over the next…[Read more]

]]> 1a343ffb4828536f325627223daaa25c sam2011 replied to the topic Orange NSW Heritage Area in the forum General Property https://www.propertyinvesting.com/topic/4404704-orange-nsw-heritage-area/#post-4655676 Tue, 13 Sep 2011 05:07:23 +0000 thanks Michael, more concerned if ill be able to develop rather than a deverloper. land is 980sq so even if i build a single story unit at the back to rent out id be happy

]]> 91730cf56c864c4cf0c891e147620e6d sam2011 replied to the topic Am I better off renting my house, and living in rent? in the forum Creative Investing https://www.propertyinvesting.com/topic/4404515-am-i-better-off-renting-my-house-and-living-in-rent/#post-4654304 Tue, 23 Aug 2011 07:26:42 +0000 also depends on your lifestyle. i have a couple of ips i would never live in

]]> a849d64f7f3ed60c58a08465fa474950 sam2011 replied to the topic Regarding Granny Flats in Orange NSW in the forum Value Adding https://www.propertyinvesting.com/topic/4404498-regarding-granny-flats-in-orange-nsw/#post-4654179 Mon, 22 Aug 2011 13:34:50 +0000 wow i cant believe i just saw your post. I have an ip in orange and was thinking about granny flats last week. I havent started my research into it yet, but have a friend who is partnering up to build granny flats…not sure what the rental income would be though. any ideas?

]]> 3ccd1c4c25e10f63a396242a11702143 sam2011 replied to the topic Which state to buy in the forum General Property https://www.propertyinvesting.com/topic/4401585-which-state-to-buy/#post-4634403 Thu, 21 Oct 2010 11:19:26 +0000 north east not so good, but i bought in glenroi which is east of the station and getting a pretty good return. general discount is about 14% mine was advertised for 190 and negotiated to around 160, and took the rent up from $150 to $210

so really does depend on what you are after, west of the station price goes up but so does quality, though…[Read more]

]]> 39a6e65d7fbd072210b59ba1b430eb8c sam2011 replied to the topic Which state to buy in the forum General Property https://www.propertyinvesting.com/topic/4401585-which-state-to-buy/#post-4634401 Thu, 21 Oct 2010 11:05:45 +0000 you can definitely get a positive cash flow property if you do enough research….there are a few areas i would watch out for as they are not pleasant even though they are extremely cheap i personally wouldnt go there, and im very open minded

have a look also at sqm research at the vacancy rates in the area and how low they have become

]]> bb3f6b29d1b0ca6daf886fab868cc0aa sam2011 replied to the topic Which state to buy in the forum General Property https://www.propertyinvesting.com/topic/4401585-which-state-to-buy/#post-4634399 Thu, 21 Oct 2010 10:54:08 +0000 Have a property in orange which is going great, good return and the area is growing.. definitely recommend it

]]> 7fd004fa3cd9118e9b772f6905bbd3d9 sam2011 replied to the topic Which state to buy in the forum General Property https://www.propertyinvesting.com/topic/4401585-which-state-to-buy/#post-4634396 Thu, 21 Oct 2010 10:20:35 +0000 what are the rental returns in canberra, anything upwards from 7%?

]]> 670069e4b7282d328a478f549089b23b sam2011 replied to the topic Which state to buy in the forum General Property https://www.propertyinvesting.com/topic/4401585-which-state-to-buy/#post-4634391 Thu, 21 Oct 2010 01:37:34 +0000 i have always looked in the state i live in, but would love to invest in other states, just dont have the confidence…..have looked at vic, qld and sa….but i think its a very general question to ask as at the end of the day you need to drill down to suburb level.

]]> 2e006ac2613340a1e664ba983df9e375 sam2011 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/page/3/#post-4621682 Mon, 11 Oct 2010 02:37:29 +0000 hi DD can you send me your info pleasE?

]]> 0a83272a30e44f9b557868d09899f151 sam2011 replied to the topic Any experience with Gosford? in the forum General Property https://www.propertyinvesting.com/topic/4401390-any-experience-with-gosford/#post-4633389 Tue, 05 Oct 2010 22:54:25 +0000 i was actually thnking about near the water where they are looking at developing the area and putting bars and caffee’s, but not sure how long the whole thing will take and what the vacancy rates are in that particular area

]]> 96787677cb99ab53b5cb9053b3ee5d2e sam2011 replied to the topic Any experience with Gosford? in the forum General Property https://www.propertyinvesting.com/topic/4401390-any-experience-with-gosford/#post-4633386 Tue, 05 Oct 2010 21:54:56 +0000 so you are saying its a half decent suburb? :)

]]> fd95cec805f7ddbd391f2c84dbe78788 sam2011 replied to the topic previous sales price data site? in the forum General Property https://www.propertyinvesting.com/topic/4400881-previous-sales-price-data-site/#post-4629904 Mon, 27 Sep 2010 01:48:05 +0000 there are a few websites that provide the info for free

have a look towards the bottom of this blog
http://propertyinvestmenttools.blogspot.com/

]]> 9d0e9ab1e003708a9f813f36c35c5f8b sam2011 replied to the topic Due Diligence - Research on an Area in the forum Help Needed! https://www.propertyinvesting.com/topic/4400173-due-diligence-research-on-an-area/#post-4625653 Tue, 08 Jun 2010 05:07:54 +0000 hi ediot, there are a number of free tools i found which i used when i bought my properties, you can find them on my blog below

]]> 3070c7ec47e8b775957717031cc44a39 sam2011 replied to the topic Loan Terms 25 or 30 years? in the forum Finance https://www.propertyinvesting.com/topic/4400081-loan-terms-25-or-30-years/#post-4625126 Sun, 30 May 2010 02:47:06 +0000 also better from a cash flow perspective. 30 year option will give you the option to pay more if you want to, and less if you need the cash somewhere else

]]> 0713bd05f7d384808c186ad6608d62eb sam2011 replied to the topic Sydney apartments up to 500k in the forum Help Needed! https://www.propertyinvesting.com/topic/4399906-sydney-apartments-up-to-500k/#post-4624341 Tue, 18 May 2010 00:20:46 +0000 might be a bit biased as i own one in the area, but have a look at Ryde.  prices are on a steady increase, they have been building a shopping centre for a few years now and its due to be completed within 6months.  there is also construction of new apartments 2 beds which go for 600-700k.  you can get a 30yo 2 bed for about 400k with a rent of ar…[Read more]

]]> aeead4d3ac03f11f14b154ac22faecb3 sam2011 replied to the topic To stick with Rental Manager or do it myself???? in the forum i guess it really depends https://www.propertyinvesting.com/topic/4399809-to-stick-with-rental-manager-or-do-it-myself/page/2/#post-4623724 Sat, 08 May 2010 06:45:34 +0000 i guess it really depends where you are buying, in orange they charge me 8.8% and in ryde nsw 5%…thats a big variance to me

]]> c448d1bf387f4c3ba1581c6b9433c8e0 sam2011 replied to the topic To stick with Rental Manager or do it myself???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399809-to-stick-with-rental-manager-or-do-it-myself/#post-4623712 Thu, 06 May 2010 10:26:05 +0000 i have tried it myself, without any experience my tennant decided not to pay rent, then refused to move out and when they finally did there was damage.  i learnt plenty from my experience at a cost of around 4k :)definately worth having someone more experienced manage it

]]> 8dea300da1a47a811aa2245545e5fde5 sam2011 replied to the topic Recommendation's on landlord/ property management software in the forum Help Needed! https://www.propertyinvesting.com/topic/4399745-recommendations-on-landlord-property-management-software/#post-4623323 Sun, 02 May 2010 04:58:32 +0000 i dont have any experience using any of the software, well i have used the trial versions of all of them, but they just seem to old to me (in their appearance). i have a list of them which are available on my blog below, have a look as you can get screen shots and trial periods for all of them

]]> eea0e13a97fa771a1b784d2016ca13ac sam2011 replied to the topic My First Investment Property in the forum General Property https://www.propertyinvesting.com/topic/4399716-my-first-investment-property-2/#post-4623214 Fri, 30 Apr 2010 02:20:09 +0000 with depreciation you are paying off the furniture in less than 2 years, thats a great return you have there for yourself!  well doneand yes where in the hunter?  i was looking at branxton a few months ago

]]> c0c3bbc6528569e34edf2fcdd136835a sam2011 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/page/2/#post-4621664 Tue, 27 Apr 2010 02:53:20 +0000 hi danpackis,  please post of the link so we can have a lookdanviv thanks for all the info, i had some issues with the bank so might have to hold off for a few months before next purchase

]]> 58034f272b048ab13b8f69b76df64db5 sam2011 replied to the topic where can i find construction date? in the forum General Property https://www.propertyinvesting.com/topic/4399616-where-can-i-find-construction-date/#post-4622756 Thu, 22 Apr 2010 03:19:18 +0000 called the council after being on hold for 20min i hung up…theres got to be an easier way :)

]]> 86ec118ea228a30ff5f74fcb5df00bdd sam2011 replied to the topic 10 Years Ago in the forum General Property https://www.propertyinvesting.com/topic/4399336-10-years-ago/#post-4620775 Tue, 20 Apr 2010 11:31:50 +0000 there are a few in orange the gov is auctioned off

]]> 42da7f19762c0e40b534c11941eb5d42 sam2011 replied to the topic Investing in Orange, NSW - any tips on suburbs? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399522-investing-in-orange-nsw-any-tips-on-suburbs/#post-4622142 Thu, 15 Apr 2010 05:19:20 +0000 hi guys,  i bought a property in orange back in dec from adam savage at mccarrons, honestly the best realestate agent i have ever dealt with.send him an email or give him a call and tell him sam recommended you, he will take the time and take you through all the different areas and different deals out. let me know if you cant find his detail and i…[Read more]

]]> 85d7fc918b476885c1a79b10cc97bc5e sam2011 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/page/2/#post-4621656 Wed, 14 Apr 2010 01:54:24 +0000 i think he means 2196 in sydney

]]> 49fde9e3c76180c9fe47159d8ec56d06 sam2011 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/#post-4621647 Mon, 12 Apr 2010 06:48:32 +0000 just sent my pm ddshellx just click on his name and click on "view public profile" then you will be able to send him a message

]]> b079fd079c52791932cf544275747dee sam2011 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/#post-4621644 Mon, 12 Apr 2010 02:47:16 +0000 hi dd sounds interesting do you have a website?  what services do you offer, i could be interested if you can show me some samples

]]> d0d9fcb9bf7d602c132f13072638f578 sam2011 replied to the topic Loan docs haven't arrived - should I pay deposit? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399471-loan-docs-havent-arrived-should-i-pay-deposit/#post-4621718 Sun, 11 Apr 2010 09:12:38 +0000 anz are the worst!  they lost mine and i was chasing them daily for about 10 days all i got was the run around, in the end i was 2 days past settlement but didnt have to pay anything extra and it all worked out ok, it was just before the holidays in christmas so a busy time i guess.  you should definately tell your solicitor and get them chasing a…[Read more]

]]> fd2bee3c1484ac430405732ce2dec944 sam2011 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/#post-4621641 Sun, 11 Apr 2010 08:10:22 +0000 found the QLD one, though its 2 years oldhttp://www.oesr.qld.gov.au/queensland-by-theme/demography/population/regular-publications/qld-govt-pop-proj-2051-qld-sd/index.shtml 

]]> 484df28f2144057417ac228ebb4764c7 sam2011 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/#post-4621639 Sun, 11 Apr 2010 05:16:03 +0000 i dont know if you can stretch your budget to around 250k but a friend of mine bought near redcliffe, margate i think and with the new tunnels the trip from those places to the city will be reduced so worth having a look there

]]> 1bb48162f964a921085afee7f3f9e80d sam2011 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/#post-4621637 Sun, 11 Apr 2010 01:13:56 +0000 had a look all over brisbane and couldnt find much, but if you go regional you will def find something.  in nsw you can have a look at gosford, they just released the city plan by i think it was 2030, they are upgrading the city centre and also creating bars/caffe's by the water, so there is definately potential in the iong run

]]> 7a235b0d7d6585c733a5f80b4063befd sam2011 replied to the topic Cross Collaterisation in the forum Finance https://www.propertyinvesting.com/topic/4399435-cross-collaterisation-4/#post-4621456 Sun, 11 Apr 2010 01:10:08 +0000 so then it doesnt really matter if you cross collaterize?

]]> 56c53e15feca29ed865fc31ce1b6bd38 sam2011 replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/#post-4621634 Sat, 10 Apr 2010 12:51:17 +0000 oh really?  i didnt know that, but yeah lakemba has good returns and based on the latest population projections liverpool is 2nd highest growth area in nsw

]]> bfa4b1c4407660145b085efc09a96aa4 sam2011 replied to the topic Free Ticket to Property Investing Conference in May in the forum Heads Up! https://www.propertyinvesting.com/topic/4399466-free-ticket-to-property-investing-conference-in-may/#post-4621698 Sat, 10 Apr 2010 11:59:12 +0000 in sydney?  i would be interestedcheers

]]> 41eff83df8ddaceb0258c095706844ba sam2011 replied to the topic Cross Collaterisation in the forum Finance https://www.propertyinvesting.com/topic/4399435-cross-collaterisation-4/#post-4621445 Thu, 08 Apr 2010 10:59:19 +0000 i dont think ive ever been on a forum where peoplegenuinly spend the time to help, thank you!questions….if i default on a loan at the moment wont the bank still have the right to retrieve that money even if it means selling one of my other properties?i am pretty confident about the increase in value in one of them over the next 6months so i…[Read more]

]]> 0c2ce867a642aa6d538f3a82e43640d8 sam2011 replied to the topic Good time to sell? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399434-good-time-to-sell-2/#post-4621435 Thu, 08 Apr 2010 02:16:08 +0000 Hi freshy,i guess it depends on your goals, are you looking at a buy and hold strategy with positive cash flow or are you more interested in the buy and sell making capital and doing it over again?

]]> c270903c94aa51ad32882af8915784a1 sam2011 replied to the topic Book Review List in the forum Heads Up! https://www.propertyinvesting.com/topic/4370563-book-review-list/page/2/#post-4449084 Thu, 08 Apr 2010 00:15:18 +0000 hey Leigh have you really read all those books???  sooo many of them

]]> 608d179b159984ac9dc77443fb16afd4 sam2011 replied to the topic Desperate for help and advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4399418-desperate-for-help-and-advice/#post-4621371 Wed, 07 Apr 2010 07:09:23 +0000 the first thing i would do is call the bank and let them know about your situation, i know last year some banks had something where they would allow non payments for upto 1 year for anyone who lost their jobs.  i would definately call them and see what they can do and negotiate to get as much time as possible.  interest will build up but selling w…[Read more]

]]> ddd3f95f2853946871a2c1e14b465405 sam2011 replied to the topic NSW Area Population Projections in the forum General Property https://www.propertyinvesting.com/topic/4399410-nsw-area-population-projections/#post-4621309 Wed, 07 Apr 2010 03:03:23 +0000 i just realised the excel sheet doesnt open unless you save it, not sure whats wrong with it, but the pdf is shorter 40 pages or so.  you can also get them from department of planning website

]]> c8a9b94c3672c7ccf5a8613da13bc443 sam2011 replied to the topic Using credit cards in the forum Creative Investing https://www.propertyinvesting.com/topic/4399406-using-credit-cards/#post-4621279 Tue, 06 Apr 2010 07:09:42 +0000 i did a similar thing with mine, i needed 7k and i got a cash advance at interest rate of around 20%, i then applied and got a new credit card with another bank and did a 6month 0% balance transfer.If you need to and are confident you can pay it off then i dont see why it should be a problem, there are plenty of ways with credit cards not to have…[Read more]

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