PropertyInvesting.com | SAS Building | Activity https://www.propertyinvesting.com/members/sas-building/activity/ Activity feed for SAS Building. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c880ee34eabcfe8907907f6b5685ba04 SAS Building replied to the topic Thailand Holiday - Whoopee or Not in the forum Many years ago, I got flown https://www.propertyinvesting.com/topic/4402946-thailand-holiday-whoopee-or-not/#post-4643061 Fri, 08 Apr 2011 01:32:27 +0000 Many years ago, I got flown to Queensland for free to look at some units that were for sale off the plan… Day 1 was fairly relaxed so i visited a few estate agencies in the area so i could compare apples with apples, Day 2 was intense, they ran a presentation then somehow split myself and a friend of mine into different rooms and tried the heavy…[Read more]

]]> f53dbd6812e5bcc7030384ef70db9d12 SAS Building replied to the topic Can I pay the builder after the property sale? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403057-can-i-pay-the-builder-after-the-property-sale/#post-4643681 Mon, 14 Mar 2011 23:10:40 +0000 Well said IP Freely. And if the market drops… you pay the builder less ?? or not at all ?Another reason I (as a builder) choose to work for myself, on my own projects.Some builders may enter into a contract with you, with a bank guarantee, but i am guessing this would be hard for you to obtain unless you own the property/s outright.

]]> 205141da1e3bc82f763fb4ec0eb96e53 SAS Building replied to the topic 11 second solution in the forum Help Needed! https://www.propertyinvesting.com/topic/4403048-11-second-solution-19/#post-4643644 Mon, 14 Mar 2011 21:58:12 +0000 The 11 sec rule is just a quick guide you can use when weeding through the thousands of deals out there.. very rare to find a deal that instantly works with the advertised 'as is price'.Best to use the rule to get close to an 'acceptable deal', then factor in cosmetic makeovers, rent increases, aditional rooms, negotiating a better purchase price.…[Read more]

]]> fb6d611e9e0afa62aa8fc9bcc8b3fa60 SAS Building replied to the topic Rent Rise every 6 months..Plight of a TENANT. in the forum Help Needed! https://www.propertyinvesting.com/topic/4402872-rent-rise-every-6-months-plight-of-a-tenant/#post-4642514 Thu, 24 Feb 2011 01:21:55 +0000 On the flipside, the landlord would have had about 6 interest rate rises in the time that you have had 2 rent increases, also you knew the condition of the place when you first moved in so if you didnt like it you should not have signed the lease and looked for something else.Also, my deepest sympathies are with you regarding your mother passing…[Read more]

]]> 9fde72dfb59aafc58a14b5b4dfba5639 SAS Building replied to the topic Property Investing Mentors are they worth it? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402821-property-investing-mentors-are-they-worth-it/#post-4642137 Thu, 17 Feb 2011 03:04:37 +0000 I keep saving up to attend… but each time i have a spare 5 – 10k, I end up putting it towards another property !!Having said that, Im up to 18 properties and still have to go to "work" for a living, so maybe i could learn from these seminars..

]]> 8c672527b376b2a63b6f9be655c76cea SAS Building replied to the topic IP-6 weeks and still no tenant in the forum Help Needed! https://www.propertyinvesting.com/topic/4400462-ip-6-weeks-and-still-no-tenant/#post-4627533 Tue, 06 Jul 2010 01:46:01 +0000 CHANGE AGENTS !! or better still, list it with 2 agents, this will have them competing with each other to rent it out.

]]> e1c76408a985d48ef5a2c07499506b88 SAS Building replied to the topic Stupidity test to become a banker ?? in the forum General Property https://www.propertyinvesting.com/topic/4399533-stupidity-test-to-become-a-banker/#post-4622195 Mon, 19 Apr 2010 12:56:21 +0000 Burnie – it’s amusing that the banker I was talking about is also from WBC.. You can imagine how I cringe when I hear the “bank you can bank on” slogan … MAKES ME SICK !!

Banker – yes, accountants, financial planners etc do the same thing. However when you go to your accountant you would first expect to at least have your taxes done (the job…[Read more]

]]> 66df5a43c010a173cc1abf4f2e454122 SAS Building replied to the topic is anyone investing in rural towns! in the forum Creative Investing https://www.propertyinvesting.com/topic/4398083-is-anyone-investing-in-rural-towns/#post-4613003 Mon, 15 Mar 2010 04:57:21 +0000 I have been (for years now), using the income from positive cashflow rural properties to cover the shortfall on high growth inner city properties. No use having a million dollar inner city properties if all you are doing is putting your hand in your pocket to pay for them !

I do limit my rural towns to those that have 10 000 + population

Also…[Read more]

]]> 7e3da1a5631b85a6a8b9522f8051180d SAS Building replied to the topic Finance for block of 3-4 units in the forum Finance https://www.propertyinvesting.com/topic/4398751-finance-for-block-of-3-4-units/#post-4616956 Mon, 15 Feb 2010 04:18:33 +0000 I spoke to ANZ last friday as i would like to refinance, I was concerned about the two blocks of units in particular and specifically asked the bank manager the above question. They are ok, but ‘only’ for a 70% lend. I did not go into what other securities they would require, but did ask about the rate and he would match WBC. Meeting later in…[Read more]

]]> 239f5360fdfecd87be72192afd923519 SAS Building replied to the topic Finance for block of 3-4 units in the forum Finance https://www.propertyinvesting.com/topic/4398751-finance-for-block-of-3-4-units/#post-4616953 Sun, 14 Feb 2010 23:03:39 +0000 No
But did put down a large chunk of my own money to cover the remaining 40%

]]> a77d624edd049184e7903cbfee99efef SAS Building replied to the topic Finance for block of 3-4 units in the forum Finance https://www.propertyinvesting.com/topic/4398751-finance-for-block-of-3-4-units/#post-4616951 Sun, 14 Feb 2010 22:00:13 +0000 Hi,

I have a block of 6 (one title) that I purchased a year ago at same rate as residential, however the bank (WBC) would only lend 60% without M ins.
6 Months ago I purchased a block of 5, again residential rate, and would only lend 60%

Cheers,

]]> 5857e6d33b50ac09dd72b022f2464e5a SAS Building replied to the topic Finance - this seems odd! in the forum Help Needed! https://www.propertyinvesting.com/topic/4398104-finance-this-seems-odd/#post-4613103 Fri, 18 Dec 2009 01:50:43 +0000 J-Lou,

I have similar LVR as yourself, (only different amounts) and recently purchased a property and went through hell with finance companies, such as Bankwest/Commbank, Westpac, Anz and Nab.

I have savings / loan history of 25 years with Westpac, and this did not help. (Cringe every time i see the “bank you can bank on add” !!)

Ended up…[Read more]

]]> 3762b6fda4d234972c607f0e9a189946 SAS Building replied to the topic Has anyone used CashflowCapital to purchase CF+ IPs? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397772-has-anyone-used-cashflowcapital-to-purchase-cf-ips/#post-4611324 Wed, 11 Nov 2009 05:06:34 +0000 I am a member and have found their info very helpful although I have only purchased one property through them. Be sure to add the 2.5% when working out if the deals they advertise are still cashflow + also check the rental returns are long term, meaning they have not just upped the rents and advertised for a quick sale.

Their staff turn around…[Read more]

]]> ce6d608cd3153ec11afade39074645e6 SAS Building replied to the topic Mortgage Brokers in the forum Hi Fredo, Your post seems https://www.propertyinvesting.com/topic/4397573-mortgage-brokers-12/#post-4610483 Tue, 20 Oct 2009 10:50:00 +0000 Hi Fredo,
Your post seems like dejavu, as i recently had the exact same experience, only I had purchased the property at auction and paid 5%dep (ouch). After 4 weeks of dealing with a broker and not really getting anywhere, I approached another broker who recommended I “GO STRAIGHT TO THE BANK !! as this will be quicker”.

I usually go direct to…[Read more]

]]> 96ab9f8213fd82a1f75b301a6b43229d SAS Building replied to the topic % Discount on a 2 mil + investment loan/s in the forum Finance https://www.propertyinvesting.com/topic/4396930-discount-on-a-2-mil-investment-loans/#post-4607556 Mon, 10 Aug 2009 04:07:44 +0000 Thanks both for your input..

Finspec – could you elaborate a little more on ” Loan quality also plays a role in the discount that you can get now”

and Richard, I am currently trying to run the tricky balance between maximising loan amounts for IP’s (to reduce tax) and getting a good deal on finance. If i was to add some of my own funds to reduce…[Read more]

]]> 76364d0598a546b555eb653b7de3eefc SAS Building replied to the topic % Discount on a 2 mil + investment loan/s in the forum Finance https://www.propertyinvesting.com/topic/4396930-discount-on-a-2-mil-investment-loans/#post-4607553 Mon, 10 Aug 2009 01:50:32 +0000  People Watching Anyone ?? 

]]> b1bf5b666072a0d59b55e2405281c921 SAS Building replied to the topic Mt Druitt Sydney Positive CF in the forum General Property https://www.propertyinvesting.com/topic/4396765-mt-druitt-sydney-positive-cf/#post-4606665 Wed, 05 Aug 2009 13:46:51 +0000 congratulations on your purchase !, I bought a 1000m2 block in mt druitt 11 years ago for $110000, sub divided it and built a duplex on the back block. EVERYONE told me that it was a bad area and I will never get the return. It has proved to be one of the best investments i have ever made, the only regret i have is not buying 10 of these…[Read more]

]]> 8496a2adf8ec05df9fefe4777cb2c4b6 SAS Building replied to the topic Cashflow Capitial Website????? in the forum Heads Up! https://www.propertyinvesting.com/topic/4395379-cashflow-capitial-website/#post-4599136 Tue, 10 Feb 2009 21:47:58 +0000 Shhh… dont tell everyone !!
I have been a menber for a little over a year and found the site and service excellent, but most of their properties are on domain or realestateaustralia anyway. They just let you know the rental income (save you ringing every property on domain etc) to find out the rental return.
Most of their properties are in…[Read more]

]]> b72623d78de81a32f2f8a48c4d8892af SAS Building replied to the topic Help with financing a duplex in the forum Finance https://www.propertyinvesting.com/topic/4395334-help-with-financing-a-duplex/#post-4598884 Tue, 10 Feb 2009 21:33:38 +0000 Try Bank West, I have found them to be fairly flexible, while most of the majors (Westpac and CBA) are tightening their lending criteria. I have also found that “banking with them forever” is currently making no difference to the way the big banks are looking after clients…

]]> 3f9d576d834f19736fa38e886039c41c SAS Building replied to the topic Help with financing a duplex in the forum Finance https://www.propertyinvesting.com/topic/4395334-help-with-financing-a-duplex/#post-4598883 Tue, 10 Feb 2009 21:19:58 +0000 Try Bank West, I have found them to be fairly flexible, while most of the majors (Westpac and CBA) are tightening their lending criteria.

]]> 226e2880e686374e86016d6cf13ba24c SAS Building replied to the topic Advice re: Dual Occupancy/Subdivide etc in the forum Help Needed! https://www.propertyinvesting.com/topic/4395367-advice-re-dual-occupancysubdivide-etc/#post-4599093 Tue, 10 Feb 2009 00:45:10 +0000 Hi,
Having both built my own and purchased a “already built” set of duplexes, i would have to say purchase an already built set of duplexes. Being a builder i did my sums and thought that building myself would be cheaper, however, after waiting 4 months in council – 2 months with surveyors and land titles office (the duplex only taking 2 months to…[Read more]

]]> b7acbdb68c114155921fb3c63781890d SAS Building replied to the topic Picket Fence cost in the forum Value Adding https://www.propertyinvesting.com/topic/4395242-picket-fence-cost/#post-4598369 Sun, 08 Feb 2009 22:12:33 +0000 Hi, If its for an investment property an you don’t want any maintenance hassles down the track. i.e painting , rotting etc. I would go for metal / aluminium pickets. They are around $80 per lineal metre, so your 7 metres would be around $600, add $500 for install and your ahead. You could use the remaining $500 to plant a nice thick hedge behind…[Read more]

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