PropertyInvesting.com | sapphire101 | Activity https://www.propertyinvesting.com/members/sapphire101/activity/ Activity feed for sapphire101. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 53df49d7df75a0c588f8bfbdf9957762 sapphire101 started the topic Residual Income Streams - How & What? in the forum Help Needed! https://www.propertyinvesting.com/topic/5011032-residual-income-streams-how-what/ Mon, 03 Aug 2015 08:30:39 +0000 Has anyone created another income stream besides their “day job”, to finance more property acquisitions. I know Steve McKnight has given talks on this concept of not putting all your eggs in one basket and creating residual income streams such as online business options (just like this one we are contributing too.)

I am coming across a lot of…[Read more]

]]> 53df49d7df75a0c588f8bfbdf9957762 sapphire101 started the topic Residual Income Streams - How & What? in the forum Help Needed! https://www.propertyinvesting.com/topic/5011032-residual-income-streams-how-what/ Mon, 03 Aug 2015 08:30:39 +0000 Has anyone created another income stream besides their “day job”, to finance more property acquisitions. I know Steve McKnight has given talks on this concept of not putting all your eggs in one basket and creating residual income streams such as online business options (just like this one we are contributing too.)

I am coming across a lot of…[Read more]

]]> f0a739204064c96ddc3e490f95c67d59 sapphire101 replied to the topic Ashwood and near by suburbs - good for investment? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408058-ashwood-and-near-by-suburbs-good-for-investment/#post-4680684 Sat, 10 Nov 2012 00:56:00 +0000 Hi Liz

Yes it is ( or was) – check how it stacks up to the neighbouring suburbs. Only 3 years ago Ashwood was the forgotton suburb in that area, while others such as Glen Waverly went "gang busters" and shot ahead in values almost to a ridiculous point.
Ashwood has some old, commission type areas which werent looked at kindly so investors avoided…[Read more]

]]> 807e8d86b5d03c888b6758342fc8da82 sapphire101 replied to the topic Newbie - First Post in the forum Help Needed! https://www.propertyinvesting.com/topic/4408064-newbie-first-post/#post-4680738 Sat, 10 Nov 2012 00:50:00 +0000 Trust & Company – get to a property accountant and get the best advise. Not just an accountant. If it were me, I would probably have a trust set up to protect assets more than anything else. Have a company of which you are director, but it is operated by the trust of which you are a beneficiary. As I said, get advise as to what suits your personal…[Read more]

]]> 4bc5bfd6f4260a0f3c3c8aa1c736feb2 sapphire101 replied to the topic Am i too old... in the forum Hi Rob, https://www.propertyinvesting.com/topic/4408062-am-i-too-old/page/2/#post-4680720 Sat, 10 Nov 2012 00:39:54 +0000 Hi Rob,

Derek has given you some sound advise and the thread overall is a good one. To iterate – start small but start with a focus, a strategy from the beginning. Often your financial position, available leverage and risk tolerance will determine your strategy. Then with what you can borrow and strategy in mind will to a degree determine the…[Read more]

]]> dbdce501112578fb96d3c337417afc1f sapphire101 replied to the topic help/thoughts around property investing. in the forum Help Needed! https://www.propertyinvesting.com/topic/4407047-helpthoughts-around-property-investing/#post-4673152 Sat, 07 Jul 2012 00:05:40 +0000 Hi SmartcubeSimilar goal to most I think. Use property and the leveraging aspect on borrowings to increase net worth and then be able to relax with residual income.An idea may be to look at the various strategy options first, to get where you want to be. Find what is the best suited strategy to your needs over the time you are giving yourself.A…[Read more]

]]> 03258319a09cc99ea9be2788928614c1 sapphire101 replied to the topic Crime Statistics Reference Material in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407039-crime-statistics-reference-material/#post-4673094 Fri, 06 Jul 2012 23:47:15 +0000 Check out titles "USA Property Investing" ( 2 vids same title) at my channel : http://www.youtube.com/user/theblockblog?feature=mhee and there is a great little resource there for crimes in your street, let alone the suburb. Fun to use as well.Ianhttp://theblockblog.com.auFree Property Investment Info, Tools & Resources for Investors With A Sense…[Read more]

]]> f1d70476170969dda2d1236de4abb5f3 sapphire101 replied to the topic $1000pw Rent. $50k Purchase - USA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406569-1000pw-rent-50k-purchase-usa/#post-4669674 Mon, 14 May 2012 23:16:16 +0000 Been said that if they increase production by 1% then a billion barrels will be extracted. That's big, but yes shale oil is not environmentally friendly to mine.Workers are living in cars in Walmart carparks I here. Well in summer anyway, I'm not sure if they could survive a North Dakota winter in an 86 Dodge station wagon.Hotels are being…[Read more]

]]> 8a783c9d57c441a4e4ce01a8d5cd3596 sapphire101 replied to the topic so confused in the forum Help Needed! https://www.propertyinvesting.com/topic/4406571-so-confused-2/#post-4669691 Sun, 13 May 2012 07:41:07 +0000 No 3. – If you don't know the true value then it's hard to make an 'informed' offer. Get a valuer in asap.No 4 – Contact the management company and ask for the documents you need or try asking people living there for the minutes if the body corporate aren't forthcoming.No 2. See comparative rates to identify who is lending at what rate and ask…[Read more]

]]> 4311278f0486e0b5e4ebf32923194768 sapphire101 replied to the topic Attention Renovators! What would you do with this property? (Picture included) in the forum Value Adding https://www.propertyinvesting.com/topic/4406562-attention-renovators-what-would-you-do-with-this-property-picture-included/#post-4669617 Sat, 12 May 2012 23:02:09 +0000 Interior but it comes out a little whiter in the photos – I went 2 tone walls to skirting.Best maybe to check it out at the paint shop for a little more accuracy and there are different strengths to the basic Hog.That house could come up really nice. The suggestions above are great from Catalyst and Solomon.IanBlock Head @ http://www.theblockblog.comFree…[Read more]

]]> ca7f799c77ed98b4fd8927ea1513812a sapphire101 replied to the topic Pennsylvania -- a good place for overseas investing? in the forum Hey Mattsta, I don't know https://www.propertyinvesting.com/topic/4406494-pennsylvania-a-good-place-for-overseas-investing/#post-4669021 Sat, 12 May 2012 22:52:39 +0000 Hey Mattsta,I don't know anyone investing in Penn State, except me. I chose it because it was close to New York City where I was based. It has a huge range of entry prices from $1200 upward depending on the town or city and depending where in that town or city and I could drive there and back in a day.I was buying properties from the county…[Read more]

]]> 3fbf55145a7479ce5f9fd62ba077d0ab sapphire101 replied to the topic URGENT!! Council threatening to pull my dads buildings down. NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4406493-urgent-council-threatening-to-pull-my-dads-buildings-down-nsw/#post-4669016 Sat, 12 May 2012 22:43:22 +0000 Tell the buyer to p… off. Take over the sale from your Dad and relieve him of the stress, then contact Christian at Design & Build or someone like him that can represent you to councilIanBlock Head @  http://www.theblockblog.comFree Property Investment Info, Tools & Resources for Switched On Investors

]]> f134d416a100a315f42062a7a0cb36f3 sapphire101 replied to the topic Attention Renovators! What would you do with this property? (Picture included) in the forum Value Adding https://www.propertyinvesting.com/topic/4406562-attention-renovators-what-would-you-do-with-this-property-picture-included/#post-4669615 Sat, 12 May 2012 22:32:41 +0000 Hey Alfresco,Go the Hog's Bristle – terrible name – great colour. I used this as well although mainly on interiors.If you want to know all about renovating read this articleThe Best Reno System Ever MadeTo see the 'Hog" colour in a reno go here : THE HOG and click on Renovation Case Study 2Hope it helpsIanwww.theblockblog.comFree Property…[Read more]

]]> 20e2ee2dc0ee8a2e4669182e8a13920c sapphire101 replied to the topic Accountant recommendations in Melbourne! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406563-accountant-recommendations-in-melbourne/#post-4669624 Sat, 12 May 2012 22:23:31 +0000 Mark Unwin – Kew Melbournewww.mjua.com.auIan http://www.theblockblog.com Free Property Investment Info, Tools & Resources for Investors With A Sense of Humour

]]> 45d1b7648a810c38bba9b9bb1652d4c6 sapphire101 replied to the topic Real Estate Agents - their role in finding buyers in the forum Help Needed! https://www.propertyinvesting.com/topic/4406565-real-estate-agents-their-role-in-finding-buyers/#post-4669655 Sat, 12 May 2012 22:09:26 +0000 Hi Emma,There are a couple of great books that highlight how real estate agents operate – good and bad ones. Once you know these things you can evaluate your experience.Have a read of these articles (the books are listed after the first article) How To Lose Money Selling Your HomeAuctions – Why They're Bad News10 Questions To Ask A Real Estate…[Read more]

]]> 371417b93bc23464f25bd9b7f753ff36 sapphire101 replied to the topic New Investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4406535-new-investor-12/#post-4669416 Tue, 08 May 2012 21:01:55 +0000 Hi Prospector,Some good meeting places to network are on http://www.meetup.comTalk to as many people as you can who are active investors. The wealth of 'street' knowledge they have is invaluable.There is also an investor group in Perth linked to the one in Melbourne – Active Property Investors (google it)Ianwww.theblockblog.comFree Property Investment…[Read more]

]]> 752cee065dea3ebc1bceb3d421b9c40f sapphire101 replied to the topic First Property Investment - Need Help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406538-first-property-investment-need-help/#post-4669453 Tue, 08 May 2012 20:33:07 +0000 How do you feel about paying for a gym, swimming pool and virtual golf for your tenants AND giving them a view to die for. Your my sort of landlord!Seriously though, all the advice above is great. With highrise apts you have one that looks and feels like 100 others right next door. If you need to sell in a hurry, it's likely that other owners do…[Read more]

]]> be8b762ddcec83839745a763113019f1 sapphire101 replied to the topic Land Zoning in the forum General Property https://www.propertyinvesting.com/topic/4406488-land-zoning-2/#post-4668960 Thu, 03 May 2012 00:29:10 +0000 If you are in Vic – go to http://www.land.vic.gov.au/Ianwww.theblockblog.comFree Property Investment Info, Tools & Resources For Switched On Investors

]]> 29a2c10a4365eef65c509b091588cab0 sapphire101 replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/46/#post-4549331 Thu, 03 May 2012 00:05:02 +0000 If we can bring this thread back to just Australia for a moment, even though the information Freckle has passed to us all is enlightening and scarey, I think a quick assessment of what the figures here in Australia tell us today and then a basic projection for only 12 months will tell you what position you are in with your IPs.You can then assess…[Read more]

]]> 5ac723446a307498b8dfb920825c6936 sapphire101 replied to the topic Removing strong smell from house in the forum Help Needed! https://www.propertyinvesting.com/topic/4406407-removing-strong-smell-from-house/#post-4668238 Tue, 24 Apr 2012 03:38:59 +0000 I'd be scrubbing the floorboards as well, with the magic baking soda, vinegar water mix. Cleans everything and if you want a nice smell, add a cup full of fragrance to the water.Ianwww.theblockblog.comFree Property Investment Info, Tools & Resources For Investors With A Sense of Tumour.

]]> 736bb03982d90b1129596d0cb9ed7473 sapphire101 replied to the topic Am I over capitalising? in the forum Creative Investing https://www.propertyinvesting.com/topic/4406408-am-i-over-capitalising/#post-4668243 Tue, 24 Apr 2012 03:32:44 +0000 Hi NHG,Option 2 is best if option 3 means you have overspent relative to value. Depends on how long you want to keep the property as well.If capital to fund option 4 is available and you are going to hold this property long term, then I would be looking at that option and twisting it a little. This does depend on the resale value you mentioned…[Read more]

]]> 2c5e0e0b5a1f7e4c0dda74ab9e57c787 sapphire101 replied to the topic Best method to sell an investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406411-best-method-to-sell-an-investment-property/#post-4668271 Tue, 24 Apr 2012 03:08:46 +0000 Hi Yanni,Get yourself a copy of these books. ( try ebay or gumtree first)"Don't Sign Anything" and " Real Estate Mistakes", both by Neil Jenman.REM at the very least will give you an insight as to the goings on behind the scenes with most property sales, but rather than be freaked out by it all, use this information to prepare yourself for the…[Read more]

]]> 225a9083f3836435552adad419d3f7ed sapphire101 replied to the topic risks involved in self managing a property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406410-risks-involved-in-self-managing-a-property/#post-4668251 Tue, 24 Apr 2012 03:02:00 +0000 Hi Michael,Some very valid points above so take heed.If you are considering the DIY approach than can I emphasize the importance of the tenant application checking process. This really has to be stringent and if you don't get through to people that are noted then keep trying or ask for more references.On the application form ensure you have…[Read more]

]]> f2c13a240bf87b6e9f0cf0a8dd8ac7f7 sapphire101 replied to the topic Can a vendor pull out of house sale contract after exchange of signed contracts ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406214-can-a-vendor-pull-out-of-house-sale-contract-after-exchange-of-signed-contracts/#post-4666542 Sat, 31 Mar 2012 22:44:10 +0000 Lawyer – first thing Monday morning or beforehand depending on your relationship. Was the 2nd contract also signed off with the same agent? the whole thing sounds nasty and hopefully the vendor and agent are in cahoots. Make sure your lawyer specializes in property. It helps.IanBlock Headwww.theblockblog.comFree Property Investment Info, Tools &…[Read more]

]]> 04d3fe2d4e74d870b6b54b615826af15 sapphire101 replied to the topic Help with flat pack kitchen!!! in the forum Value Adding https://www.propertyinvesting.com/topic/4406060-help-with-flat-pack-kitchen/#post-4665339 Sat, 31 Mar 2012 22:36:22 +0000 If you buy flatpack kitchens ensure you have the straight benchtop. Don't expect to be able to put together a bench join without expert help unless you have done it before and or have the tools.The last cabinetmaker I employed told me he'd almost stopped answering his phone because 99% of inquiries were from people wanting him to join their…[Read more]

]]> 9f3a1a66c3bfff105c67f51cc3fa8454 sapphire101 replied to the topic Working in Real Estate - Management Programs in the forum General Property https://www.propertyinvesting.com/topic/4406180-working-in-real-estate-management-programs/#post-4666195 Fri, 30 Mar 2012 23:35:37 +0000 Post is a little confusing. Are you asking about property management (programs) and associated positions or real estate sales? Two different aspects of the business.Property management systems used by agents I have come across from a landlord's viewpoint, are often antiquated and complicated. It's almost as if the agent enjoys making life…[Read more]

]]> 5578ddecb9595e49d16ce4e6cd44a0b6 sapphire101 replied to the topic Investment better buy Unit , Townhouse or House in the forum Hi Kenny Chlorine - great https://www.propertyinvesting.com/topic/4406104-investment-better-buy-unit-townhouse-or-house/#post-4665622 Sat, 17 Mar 2012 21:46:24 +0000 Hi Kenny Chlorine – great name!

You need to do some homework. No-one can answer your question as it stands because there are a lot of factors that may determine which is the best buy. A house may be best in a certain suburb, but a unit in another.

Also depends on what it is you want to do with your investing. Some investors only buy houses,…[Read more]

]]> b6e9c1008af830cd6b6d3fe76fe16948 sapphire101 replied to the topic Investment better buy Unit , Townhouse or House in the forum Help Needed! https://www.propertyinvesting.com/topic/4406104-investment-better-buy-unit-townhouse-or-house/#post-4665622 Sat, 17 Mar 2012 21:46:24 +0000 Hi Kenny Chlorine – great name!You need to do some homework. No-one can answer your question as it stands because there are a lot of factors that may determine which is the best buy. A house may be best in a certain suburb, but a unit in another.Also depends on what it is you want to do with your investing. Some investors only buy houses, others…[Read more]

]]> 0052dadba75d02c95218fe32f4ca4c05 sapphire101 replied to the topic First Post... is property a good investment? in the forum Value Adding https://www.propertyinvesting.com/topic/4405866-first-post-is-property-a-good-investment/#post-4663756 Sat, 17 Mar 2012 21:32:52 +0000 Hi WilkoA rundown terrace sounds like a great start. Fix it up – add some value and get it revalued. If you've bought wisely – suburb research – and done your figures, ( renovation analysis spreadsheet) then the new value will see some good equity in the place and you've just made your first gain in property.Start with what you can afford and move…[Read more]

]]> 9b0462007fe202317efbff03325a9d77 sapphire101 replied to the topic HOA suddenly pipes up with $1000 in fines in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406097-hoa-suddenly-pipes-up-with-1000-in-fines/#post-4665579 Sat, 17 Mar 2012 21:23:08 +0000 Xdrew is on the money here. Negotiate and settle. And welcome to the way Americans operate! After 5 or so visits extending to periods of 6 months at a time, I would be very wary of any govt dept. They are full of people who are trained to be excrutiatingly job specific, so cannot help you with one iota of information outside their job role. This ,…[Read more]

]]> 06ff99be2209330586d254ca2b385739 sapphire101 replied to the topic need opinions on business model for overseas investment in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406103-need-opinions-on-business-model-for-overseas-investment/#post-4665608 Fri, 16 Mar 2012 22:19:36 +0000 I'm familiar with a similar model being used by friends in Detroit. It works well as you 'the bank' are in a win win position. The retail buyer agrees to purchase at ???? … say house 1, $50k and pays you a deposit that would be as large as can be negotiated. Let's say $10k so your investment in house 1 is $25k on which you are receiving 9% with…[Read more]

]]> e4f7b22e96dfa70ec6b103384bc0e42b sapphire101 replied to the topic Advice needed on subdivision in the forum Value Adding https://www.propertyinvesting.com/topic/4405910-advice-needed-on-subdivision/#post-4664092 Tue, 21 Feb 2012 03:54:26 +0000 Hi Janice,Always a good idea to contact the council in the area you intend to buy and find out the requirements before you start putting in offers.Is it a subdivision you are doing or a build as well. I'm a bit confused by your post. A simple subdivision won't cost too much at all.A great little resource came my way today that may be of some help.…[Read more]

]]> 37827533664d46b843dd2b94d4483853 sapphire101 replied to the topic starting renovations before settlement in the forum Value Adding https://www.propertyinvesting.com/topic/4405726-starting-renovations-before-settlement/#post-4662702 Sun, 29 Jan 2012 04:13:28 +0000 Current owner may allow early access to get your money. Sounds like a good swap. Yes you are correct in that if the settlement does not go through, besides the usual financial problems, you will walk away from your renovation and have to pay to get it into a livable condition or back to where it was, plus costs to date.Sounds grim, but if you've…[Read more]

]]> fff7670b84371669989a48dd04b786d0 sapphire101 replied to the topic -=== Please help with buying USA land by UK person. ===- in the forum Yippee Ky Aye Eric!!!! Just https://www.propertyinvesting.com/topic/4405718-please-help-with-buying-usa-land-by-uk-person/#post-4662666 Sat, 28 Jan 2012 08:00:21 +0000 Yippee Ky Aye Eric!!!!Just go ahead and buy it – sight unseen…. great idea. Give me a call when you have the title and I will be the first to come out shooting!Ian http://www.theblockblog.com Free Property Investment Info, Tools & Resources for Investors with a Sense of Humour

]]> 57a9048965211eddeda844f3af2ebd93 sapphire101 replied to the topic Where to invest money while looking/waiting at the Market? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405700-where-to-invest-money-while-lookingwaiting-at-the-market/#post-4662557 Sat, 28 Jan 2012 07:46:35 +0000 Good returns can be made from every real estate market, it's just easier when it's trending up. Personally I'd avoid shares this year but that's just me. Wait till the fall out in Europe has been fully played out. No one I know has made any money on the share market since 2008 and I think 2012 is set up to be extremely volatile.Look for property…[Read more]

]]> b99c2e83ce03ade9b9e167d8ff0c7233 sapphire101 replied to the topic Consolidated USA investment toolkit in the forum I send out for free, over https://www.propertyinvesting.com/topic/4405604-consolidated-usa-investment-toolkit/#post-4661824 Fri, 13 Jan 2012 22:03:58 +0000 I send out for free, over 500 useful website links for investing in the USA via The BlockBlog.com if you are interested.Ianwww.theblockblog.comFree Property Investment Info Tools & Resources For Investors with A Sense of Humour.

]]> 3f009af1f8d6c99fe385b5227bdca7d5 sapphire101 replied to the topic An Investment Idea in the forum General Property https://www.propertyinvesting.com/topic/4405517-an-investment-idea/#post-4661299 Tue, 03 Jan 2012 23:35:22 +0000 Hi BenI take my hat off to you! Bloody well done on tackling this little project. If you are starting this way Ben you will go a long way in property investing and you will be very successful.Richard has pointed out some very valid facts, but put that little personal lending obstacle aside for the moment and see if you can work out if this project…[Read more]

]]> 9c60310cfd12ccb2c8b1b20c6e13374d sapphire101 replied to the topic Gladstone Qld Market in the forum Help Needed! https://www.propertyinvesting.com/topic/4405413-gladstone-qld-market/#post-4660438 Thu, 15 Dec 2011 05:16:45 +0000 Buy an old Queenslander, close to town with as large a land component as you can afford.You won't go wrong with so much happening up there. You also will have options down the line to add value and extract much more from the property in terms of cash return and possible development. ( even if it is your PPoR).Ianwww.theblockblog.comFree Property…[Read more]

]]> 88018ccb373e93696f3e5da1b1232bd0 sapphire101 replied to the topic How much would it cost turn this old house around... in the forum Help Needed! https://www.propertyinvesting.com/topic/4405404-how-much-would-it-cost-turn-this-old-house-around/#post-4660367 Thu, 15 Dec 2011 01:11:55 +0000 Before you put in an offer you need to know what you are up for in costs.This means spending some money on inspections as well as costing up all materials, labour, time etc. Dont scrimp on the building inspection either. Hire a reputable company and specify your areas of concern to them in person. Also accompany the inspector on the job and takes…[Read more]

]]> f596657e7ad272a859a9c423d1221c68 sapphire101 replied to the topic How much would it cost turn this old house around... in the forum Help Needed! https://www.propertyinvesting.com/topic/4405404-how-much-would-it-cost-turn-this-old-house-around/#post-4660359 Wed, 14 Dec 2011 07:46:44 +0000 No one can tell you what this renovation will cost. A good renovation needs the costs to be worked out as exactly as possible otherwise you will blow your budget. Lucky for you this won't happen because you don't have a budget. :-)You need to go into the property with a seriously accurate checklist and note everything down that needs doing.…[Read more]

]]> fb405f27b42fad8f55fcf1605bd7ba46 sapphire101 replied to the topic For those with property in the USA - who has or converseley who hasn't established a lien against the property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405349-for-those-with-property-in-the-usa-who-has-or-converseley-who-hasnt-established-a-lien-against-the-property/#post-4659933 Wed, 14 Dec 2011 06:04:14 +0000 Take heed of Jay's advice!My last visit to the USA was spent recovering properties stolen by exactly the same type of criminal as Jay talks of.Full title insurance,a lien or lis pendens on valuable property you own can be just the thing to deter all nasty types. When you sell, you get your attorney to 'lift' it from the property so as to get clear…[Read more]

]]> 5b8108bd847b2221fda2acc36a335079 sapphire101 replied to the topic Property manager is painfully slow.... in the forum This is the property https://www.propertyinvesting.com/topic/4405253-property-manager-is-painfully-slow/#post-4659299 Tue, 22 Nov 2011 22:39:01 +0000 This is the property managers fault for not following up on the references. These do not take a week – <moderator: delete language>. I would argue that we found the best possible tenant and the prop. manager screwed it up, end of story, so rent is not due. See you at arbitration court…. that's if you can be bothered.…[Read more]

]]> 9e470d70f3e770a0ea30a9a9c60c1194 sapphire101 replied to the topic PPOR to IP in the forum Probably not because of the https://www.propertyinvesting.com/topic/4405250-ppor-to-ip-3/#post-4659280 Tue, 22 Nov 2011 21:45:04 +0000 Probably not because of the date of redraw and the date of rental, but best to check with your property accountant. There are other issues and benefits with regard to renting your previous PPoR. Best you check out the possibilities.Ianwww.theblockblog.comFree Property Investment Info, Tools & Resources for Investors … with a Sense of Humour.

]]> 520489d0c7bed6d67db5ef639d5f6786 sapphire101 replied to the topic Need help - peeling paint in bathroom. Should I repaint or tile? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405231-need-help-peeling-paint-in-bathroom-should-i-repaint-or-tile/#post-4659108 Tue, 22 Nov 2011 21:40:31 +0000 Use a semi gloss as well or gloss paint. In fact in a rental these are best throughout, as marks wash off easier. You may never wish to live in a glossed up house yourself but doesnt matter for renters. Saves you time and money in the long run.A good extractor fan over the shower will get rid of 80% of your steam and moisture problems and as…[Read more]

]]> ac5162b88523a077de2b2f047c4b253b sapphire101 replied to the topic Thoughts on agents actions? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405219-thoughts-on-agents-actions-2/#post-4659045 Sun, 20 Nov 2011 00:07:31 +0000 You shouldn't be surprised that an agent would come back to you with "NO DEAL". You offered $5k over the $295k. May as well try though. What is positive is the agent has told you what the vendor wants @ $320k What is the house worth? Do you have an independent valuation? If so and it is under the $320k mark then present it to…[Read more]

]]> 031ed39bca5b53df3a5bb0c0daf6a881 sapphire101 replied to the topic Property Coaching/ Advice in the forum Hi Paul I think there's a https://www.propertyinvesting.com/topic/4405215-property-coaching-advice/#post-4658997 Sat, 19 Nov 2011 23:23:25 +0000 Hi PaulI think there's a difference between a "mentor" and a "guru/spruiker" and a "coach" for that matter. A guru spruiker is probably selling you their product to invest in, a coach may not be the best property investor out there, but knows how to get the best out of people and a mentor is a person who has walked the walk and is probably still…[Read more]

]]> 13da338ef137f728256b8f4e86d84118 sapphire101 replied to the topic Want to become my mentor? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405006-want-to-become-my-mentor/#post-4657712 Thu, 20 Oct 2011 20:57:39 +0000 Hi Nathalie,Welcome and congratulations on starting your property investing journey.Some good advise given above and I'd reiterate that you will need to educate yourself as much as possible without complicating things. Probably the easiest way to begin is to keep things small. Start with a small project in an area you know well. This way you do…[Read more]

]]> ad36e613a11736f191064bdde709c729 sapphire101 replied to the topic What annoys you about property management? in the forum General Property https://www.propertyinvesting.com/topic/4404987-what-annoys-you-about-property-management/#post-4657560 Wed, 19 Oct 2011 16:02:17 +0000 grantos_champos wrote:
In everyone's experience, how many properties is too many for a PM to properly manage and keep both sides happy? Any numbers someone can throw out there?

ONE Ianhttp://theblockblogFree Property Investing Information for Investors With A Sense Of Humour.

]]> b3d8508220e9cbcfbcd226ab1838f81f sapphire101 replied to the topic Please Help in the forum Help Needed! https://www.propertyinvesting.com/topic/4404729-please-help-10/#post-4655967 Fri, 16 Sep 2011 12:34:01 +0000 If you buy the land now at below market value, factor in 2 years of holding costs before you build. Will a similar block, if you can find it, be less or more than that figure to buy, 2 years from now? What is the difference estimate?If you buy another IP, will you be better off financially in 2 years considering possible capital growth, if any, of…[Read more]

]]> f38630e6bd6faba55109d3c75f2623f7 sapphire101 replied to the topic Building In Sydney in the forum Finance https://www.propertyinvesting.com/topic/4404486-building-in-sydney/#post-4654120 Fri, 09 Sep 2011 17:46:11 +0000 Hi RayIf you have finance issues because of current savings, age, bank assessment of your employment etc, then consider using an individual finance partner's money for the project. It could be your sister but she may have similar issues with obtaining credit, I don't know, but going into a joint venture partnership may be your only…[Read more]

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