PropertyInvesting.com | shivasko | Activity https://www.propertyinvesting.com/members/shivasko/activity/ Activity feed for shivasko. Mon, 13 Apr 2026 00:14:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 27bdcf8d2f11951e5a917852d3215f08 shivasko replied to the topic RACV. Emergency Home Assist in the forum General Property https://www.propertyinvesting.com/topic/4406463-racv-emergency-home-assist/#post-4668594 Tue, 15 May 2012 06:51:33 +0000 Sounds like a very good idea. Just had a couple of questions on the use of this on investment properties though:- Is the cost deductable?- Can you expect tennants to have this cover prior to approving the rental? (this would help if you have multiple properties because it would cost Ibluedento $1050 a year to cover all 7 properies)Cheers,Shivasko

]]> d28022f8a6a353118ff456534eb58315 shivasko replied to the topic Best Investing mentoring program in the forum Help Needed! https://www.propertyinvesting.com/topic/4404773-best-investing-mentoring-program/page/2/#post-4656217 Fri, 14 Oct 2011 23:34:31 +0000 Buying the perfect property is difficult for people who have been in the game for a long time, so trying to buy the perfect property the first time may be difficult to acheive in your first go. Best thing to do is to educate yourself first and then based on your own personal circumstances purchase a property which fit the criteria that you have…[Read more]

]]> 94da1b45ee0ed2097bf788a1ed773466 shivasko replied to the topic Is it ok to buy in rural areas in the forum General Property https://www.propertyinvesting.com/topic/4404896-is-it-ok-to-buy-in-rural-areas/#post-4656977 Sun, 09 Oct 2011 11:11:01 +0000 Hi Sonya,

Just wondering which rural areas you invest in,

Cheers
Shivasko

]]> 39393aed8167f8754234fc732d75714e shivasko replied to the topic Best Agent to manage IP unit in Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4404610-best-agent-to-manage-ip-unit-in-melbourne/#post-4655104 Sat, 03 Sep 2011 00:38:29 +0000 Sometimes the company can be good but the PM you have may not be so good. You could even ask to have another PM from the same company look after your property. Someone who is more proactive.

]]> 92f0c7b2136045e11dfa989ef989e08a shivasko replied to the topic Purchasing off Mortgagee, agreeing to terms in the forum Help Needed! https://www.propertyinvesting.com/topic/4404600-purchasing-off-mortgagee-agreeing-to-terms/#post-4654958 Thu, 01 Sep 2011 12:29:51 +0000 Brendogs,My understanding is that it is likely to be difficult to get a long settlement. Mortgagee sales are likely to go to people who can offer a short settlement and generally unconditional. I bought one of these and these were the terms put on me for a sale at a lower price. You can get a good discount as I'm guessing the bank is looking io…[Read more]

]]> 19570cbe9a060339e9300bf3e0d270b0 shivasko replied to the topic Comm bank property game in the forum Heads Up! https://www.propertyinvesting.com/topic/4404446-comm-bank-property-game/#post-4653858 Mon, 15 Aug 2011 09:01:42 +0000 Thats not bad, best I can get is 10%.For those who haven't played it here is the link:https://www.investorville.com.au/?intcmp=M928TryInvestorvilleCheers,

]]> f5a99bc1ce9f8ce6bfc6a381d762b74a shivasko replied to the topic 2009 how did you do in the forum Commercial Property https://www.propertyinvesting.com/topic/4398246-2009-how-did-you-do/#post-4614009 Fri, 11 Jun 2010 01:41:48 +0000 2009 was my start…bought 6 IP's (units) in total for the year..Whole portfolio is slightly negatively geared but hopefully the rental increases which are likely to come should make 10/11 a good year..

]]> 915ed53be4b3c544954f508ff1211d52 shivasko replied to the topic What Salary do you need in the forum Help Needed! https://www.propertyinvesting.com/topic/4398885-what-salary-do-you-need/#post-4617741 Wed, 24 Feb 2010 05:55:57 +0000 Hi Brunowa,With positively geared property this shouldn't be too much of a problem becuase the rent received should cover the expenses.I can see how with negatively geared property this would start to become a problem. However with negatively geared property close to the city and in prime locations, this is more likely to go up in value faster…[Read more]

]]> 34679b896dc71d9e69c3a86f95a9e3c9 shivasko replied to the topic Good, Better, Best in the forum Heads Up! https://www.propertyinvesting.com/topic/4398622-good-better-best/#post-4616268 Sun, 14 Feb 2010 23:23:40 +0000 Hi All,I was thinking or purchasing in morwell near midvalley. This area is close enough to Traralgon, Latrobe hospital, Churchill ,so it acts as a hub between those locations. Just wondering why Morwell would be your last choice? Rental seems to be fairly good and positive cashflow isn't too hard to find in Morwell when compared with Traralgon.

]]> 34f6b172eeeba64b4d3c5e71a47849b3 shivasko replied to the topic What if i've already bought property under my own name in the forum Help Needed! https://www.propertyinvesting.com/topic/4398498-what-if-ive-already-bought-property-under-my-own-name/#post-4615539 Tue, 26 Jan 2010 21:50:20 +0000 Thanks for the information guys – good to know it not the end of the world…I will look into having a trust to purchase my further investments however…Marx3bull – you mention that I have to "buy them a trust" – could you please elaborate on this…or did you mean that I should "buy them IN a trust"Kind Regards,Shivasko

]]> b39e290c25d2042f5c8f5be2808f17a2 shivasko replied to the topic What if i've already bought property under my own name in the forum Help Needed! https://www.propertyinvesting.com/topic/4398498-what-if-ive-already-bought-property-under-my-own-name/#post-4615535 Mon, 25 Jan 2010 08:16:44 +0000 thanks for the response guys:GOM – I have bought 6 properties with 5 which are neutrally geared (slightly positive) and the other one which is negatively gearedoverall position should be neutral taking all the properties into account. All bought seperately (not X-collaterised)Richard – I assume that if it does not affect serviceability then it…[Read more]

]]> e0da43e1ed937f94da17aa980058af57 shivasko replied to the topic Transfer Stamp Duty Concessions in the forum Hi MM, My understanding is https://www.propertyinvesting.com/topic/4397612-transfer-stamp-duty-concessions/#post-4610645 Sun, 25 Oct 2009 21:16:42 +0000 Hi MM,My understanding is that all you have to do is pay back the PPOR Concession back to the State revenue office (for Victoria). You still get to keep the FHOG (assuming you have lived in the property for 6 months or more which by the information you have provided above sounds like you have).Not sure if they will consider your circumstances,…[Read more]

]]> 6a13f43280acc1519542950b7fcee87c shivasko replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Thanks for the report Mike, https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/10/#post-4602680 Fri, 23 Oct 2009 02:05:58 +0000 Thanks for the report Mike,

]]> 8ed0ff6d3aedbfb14ba0d0d2f79b8ada shivasko replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Thanks Mike for the residex https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/9/#post-4602662 Wed, 14 Oct 2009 22:20:30 +0000 Thanks Mike for the residex report,Much appreciated,Shivasko

]]> b1accc364481dfbf420f78cdd689eea4 shivasko replied to the topic Interest Only loans in the forum Finance https://www.propertyinvesting.com/topic/4397511-interest-only-loans-21/#post-4610252 Wed, 14 Oct 2009 04:46:35 +0000 Terry,you mentioned above that you can extend your IO loans if you qualify…what is the criteria to determine if you qualify?Also how long can you keep it IO if you qualify? ongoing forever?Thanks in advance,Shivasko

]]> 343ec8d8afc1acb11d35ae2fdbbe326f shivasko replied to the topic Depreciation Schedules in the forum Help Needed! https://www.propertyinvesting.com/topic/4397414-depreciation-schedules-3/#post-4609873 Fri, 02 Oct 2009 03:46:02 +0000 Thanks for your Reply FinSpec,I am in the Latrobe Valley area (Morwell) in Victoria,If anyone has had one done in that area could you please let me know who you went it and if they were any good. Otherwise if there are any national ones you would advise that would be appreciated (not many seem to want to go down to the Morwell area either becuase…[Read more]

]]> 3606ef211e41cde18f8b950bb2b92684 shivasko replied to the topic Property Prices by Suburb - Online Data??? in the forum Hi Matt, This is a free one https://www.propertyinvesting.com/topic/4397404-property-prices-by-suburb-online-data/#post-4609846 Thu, 01 Oct 2009 03:31:52 +0000 Hi Matt,This is a free one from Comm Bank, don't know if this is the one you saw,http://www.myrp.com.au/getFreeReportPage.do?partnerId=1&widgetCode=FSRShivasko,

]]> 567ddd55f411f5ef3f3e883bc078b4e4 shivasko replied to the topic Equity availability if I own 10% in the forum Help Needed! https://www.propertyinvesting.com/topic/4397360-equity-availability-if-i-own-10/#post-4609517 Mon, 28 Sep 2009 22:31:47 +0000 Thankyou all for your contributions, Yes the property is as Tenants in common. Richard, Terry and StumpCam seem to rarely give incorrect advice on this forum so I will take their word for it.I wasn't aware I could access that much equity. Guess I'll have to get back into searching for property again.Thanks again,Shivasko

]]> bee584b09705999a7c3c9c09bd6ed371 shivasko replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Value Adding https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/8/#post-4602643 Sun, 27 Sep 2009 23:47:51 +0000 Hi Mike,Thanks for the latest report,Cheers,

]]> 82b601fc21fd1aa91621588da5d83029 shivasko replied to the topic Costs Covered by Tenants and Landlords in the forum Help Needed! https://www.propertyinvesting.com/topic/4396900-costs-covered-by-tenants-and-landlords/#post-4607222 Thu, 06 Aug 2009 23:28:08 +0000 Hi Miike,My understanding is that:- Sewage and Parks Services — (paid by Landlord)- Water Usage — (paid by Tennant however water rates are paid by Landlord)- Gas and Electricity Usage — ( paid by Tenant)As SNM mentioned, utilities are under the tenants name in VIC

]]> 5939c3cbe1fbb1516115f86aa06cbf66 shivasko replied to the topic Is refinancing the only way to add a spouse's name on property title with an existing mortgage in NSW??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396905-is-refinancing-the-only-way-to-add-a-spouses-name-on-property-title-with-an-existing-mortgage-in-nsw/#post-4607252 Thu, 06 Aug 2009 22:36:57 +0000 Hi Linar,Does that only apply to a spouse? or can it be done within the family. Say can my parents put my name on their PPOR property and the loan without the need to pay stamp duty?

]]> 8d5b14fcba807e3375ec2585542480af shivasko replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Value Adding https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/4/#post-4602569 Thu, 18 Jun 2009 23:29:30 +0000 Thanks Mike,Yet again you have provided an exceptional service, much appreciated,Shiv,

]]> b66baa1fef1cd281902606205b22d4d6 shivasko replied to the topic Equity Issues in the forum Help Needed! https://www.propertyinvesting.com/topic/4396460-equity-issues-2/#post-4605153 Wed, 17 Jun 2009 02:47:30 +0000 OK, thanksI'll get the appraisal done then re-value it..Thanks to everyone for their advice aswell

]]> c2555f07dc616dd136baffd74548cddd shivasko replied to the topic Equity Issues in the forum Help Needed! https://www.propertyinvesting.com/topic/4396460-equity-issues-2/#post-4605150 Tue, 16 Jun 2009 02:23:09 +0000 Ohh i see,so whats the difference?Is it likely/common that a valuation for statutory/ratings purposes would be much higher than one prepared for market value?

]]> dd0ea99d5b1c44e4b757452798fcc5e1 shivasko replied to the topic Potentially good suburbs for investment in Melbourne in the forum General Property https://www.propertyinvesting.com/topic/4396466-potentially-good-suburbs-for-investment-in-melbourne/#post-4605217 Tue, 16 Jun 2009 01:45:53 +0000 I live in Berwick so am a bit biased, but Berwick has:- Hospital- University (currently expanding)- TAFE (currently expanding)- Good restaurants, – Bars and Clubs- Close proximity to Fountain Gate shoppingThere have been a few houses at approx 300K in Berwick the last few weeks,

]]> 7f441289520ff30f9555b32fec16d7b7 shivasko replied to the topic Equity Issues in the forum Help Needed! https://www.propertyinvesting.com/topic/4396460-equity-issues-2/#post-4605148 Tue, 16 Jun 2009 01:37:51 +0000 Hi All,thanks for your feedback, the document where the property valuation is written is in the "Land Information Certificate" and it states the:- Capital Improved Value- Site Value- Net Annual ValueSo yeah was going to use that as an estimate to how much equity I might have on the property and then organise a valuation to confirm it so I can buy…[Read more]

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