PropertyInvesting.com | siraitken | Activity https://www.propertyinvesting.com/members/siraitken/activity/ Activity feed for siraitken. Mon, 13 Apr 2026 09:17:09 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f47009fad0b867f713109d82dca00f86 siraitken replied to the topic Buy house near Power Lines in the forum General Property https://www.propertyinvesting.com/topic/5026490-buy-house-near-power-lines/#post-5027413 Wed, 08 Jun 2016 04:33:19 +0000 Hello JB.

Are these power lines by any chance the ones through Narre Warren North?

I am interested in the area but also concerned about their impact on the investment re resale/development.

]]> ed1a04b4590c236fbc3699ba509999cc siraitken replied to the topic Is this property analysis correct in the forum Help Needed! https://www.propertyinvesting.com/topic/4997126-is-this-property-analysis-correct/#post-4997394 Tue, 02 Dec 2014 06:28:08 +0000 It’s great they have allowed for increased interest rates but I would be wary about the compounding capital gains & rent increase rates of 7% each.

I have used more conservative increases at 4%. Over 10 years this reduced your capital gain by $170,417 & your income by $32,285. Does the analysis look as attractive now?

There numbers may not…[Read more]

]]> facabcb7185e5734340836d71bdbf959 siraitken replied to the topic propertyinvestmentsoftware.com.au in the forum General Property https://www.propertyinvesting.com/topic/4408612-propertyinvestmentsoftware-com-au/#post-4685516 Thu, 31 Jan 2013 04:23:54 +0000 Thanks Freckle.

I read some reviews on the somersoft forum and have bought it.

I'll be testing it tonight.

Cheers,

Dave

]]> 1d6f325d60ecda2ba6ae434d620f7991 siraitken replied to the topic Property Manager Corio/Geelong in the forum Help Needed! https://www.propertyinvesting.com/topic/4405649-property-manager-coriogeelong/#post-4662251 Sun, 22 Jan 2012 09:46:05 +0000 Thanks Lesley.I will check them out.Regards,Dave

]]> 0d836dc4b8710b195cf36638dab819a4 siraitken replied to the topic Property Manager Corio/Geelong in the forum Help Needed! https://www.propertyinvesting.com/topic/4405649-property-manager-coriogeelong/#post-4662249 Fri, 20 Jan 2012 01:35:03 +0000 Thanks JacMI would prefer to keep the management located in close proximity to the property.If anyone has had experience (good or bad) with property managers in Corio it would be much appreciated.Regards,Dave

]]> 41ccb6411fea8171fb7a7c820e743e9d siraitken replied to the topic IP Feasibility Website in the forum Heads Up! https://www.propertyinvesting.com/topic/4404826-ip-feasibility-website/#post-4656535 Thu, 06 Oct 2011 11:42:07 +0000 Hello Srini,I like the idea. Very simple & quick.Personally I would prefer to see it in excel whereby when I change a variable the charts automatically update so I can tinker with "what if's".I also tried to download to excel and nothing happened.Regards,Dave

]]> afde3f3b5fc36f610e09b233045e665b siraitken replied to the topic FINANCE & STRUCTURE for Beginners in the forum Finance https://www.propertyinvesting.com/topic/4404026-finance-structure-for-beginners/#post-4650473 Thu, 14 Jul 2011 04:40:33 +0000 Thanks Shape.

]]> da0dcc057ad7462d6f7a360796179eb8 siraitken replied to the topic FINANCE & STRUCTURE for Beginners in the forum Finance https://www.propertyinvesting.com/topic/4404026-finance-structure-for-beginners/#post-4650471 Thu, 14 Jul 2011 02:51:57 +0000 Shape,In this example is the interest on Loan 2 tax deductible?If not, what alternative solution would you recommend if you still needed the $100k for a IP deposit?Regards,Dave

]]> 9ce6589a58871f140fc4134a33c85cda siraitken replied to the topic What's better to buy in (Karratha or Port Hedland)? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398571-whats-better-to-buy-in-karratha-or-port-hedland/#post-4616018 Wed, 21 Apr 2010 08:07:59 +0000 I recently looked as Karratha as well and it does seem that significant growth has already occurred. Prices will continue to rise as more projects come on board and employees move into town.I was simply out-priced so I stopped looking into it.Good luck if you can afford to enter the market.Cheers,Dave

]]> 4cc938cc1f681adea253fc9c05d31adb siraitken replied to the topic Understanding phrases on investsmart.com.au in the forum Yes Ryan there is the https://www.propertyinvesting.com/topic/4399527-understanding-phrases-on-investsmart-com-au/#post-4622168 Tue, 20 Apr 2010 22:09:23 +0000 Yes Ryan there is the possibility that prices have peaked and the growth will not continue into the future.And usually all good things come to an end.In saying this though there is no reason why a suburb can not out perform other suburbs in the long term.If the suburb is managed well by the council, desired by the public and attracting investment…[Read more]

]]> a8fedeeb39c9f6764ed799a3c7656dff siraitken replied to the topic Understanding phrases on investsmart.com.au in the forum Hello Beans, I just had a https://www.propertyinvesting.com/topic/4399527-understanding-phrases-on-investsmart-com-au/#post-4622166 Thu, 15 Apr 2010 08:36:09 +0000 Hello Beans,I just had a look at InvestSmart to see what you were referring to. 1) Is Long Term Trend the long term trend up until now or what is projected?2) When they talk about 12, 24 & 36 month growth is that past actual or future predicted growth?I believe both growth measures are based on past data and are not forecasts.The long term trend…[Read more]

]]> 1043c47aa4134553009e1062fc22006c siraitken replied to the topic Building a team in the forum Help Needed! https://www.propertyinvesting.com/topic/4399481-building-a-team-2/#post-4621807 Mon, 12 Apr 2010 09:16:29 +0000 Ben and Mina,In regards to the real estate agent you could use the same but I do not see it as a necessity.I believe it is important to use a local real estate agent when selling as they should have the best knowledge and access to potential buyers. Paul,Would you be able to elaborate on the pest inspection technology and how you find it useful.…[Read more]

]]> 634bb92108fbadb8c917ac725fcd34cb siraitken replied to the topic Im about to start buying my investment properties for retirement, i need advice please in the forum AndrewH wrote:meh... Meh... https://www.propertyinvesting.com/topic/4399449-im-about-to-start-buying-my-investment-properties-for-retirement-i-need-advice-please/page/2/#post-4621548 Sun, 11 Apr 2010 10:32:50 +0000 AndrewH wrote:
meh…

Meh… What?Meh you can't be bothered reasearching?Meh it is too hard?If this is the case then you don't deserve 10% returns let alone a cash flow positive property.Dave

]]> 1c2c3d5075471f20196b7466f400919d siraitken replied to the topic RBA trying to manipulate property markets? in the forum Finance https://www.propertyinvesting.com/topic/4399360-rba-trying-to-manipulate-property-markets/#post-4620997 Tue, 06 Apr 2010 11:44:52 +0000 Below is a link to an interesting article on the shortage of supply of housinghttp://www.theage.com.au/opinion/no-room-for-nimby-syndrome-20100405-rn08.html?rand=1270465134946Cheers,Dave

]]> 3bfc48e53fe11aa46071dd3930a6c980 siraitken replied to the topic How To Best Teach Investing To Your Kids in the forum Help Needed! https://www.propertyinvesting.com/topic/4399345-how-to-best-teach-investing-to-your-kids/#post-4620843 Thu, 01 Apr 2010 13:47:36 +0000 I do not have kids but have grown up to be financially literate and I believe it is due to a few factors:- Encourage and promote learning maths from early primary school to year 12.- Promote business studies (accounting/economics/etc)- Encourage them to get a part time job when they hit 15- Do not give them everything they want. Make them decide…[Read more]

]]> 22c3304bb00e38bacb8a8b4b48a549ff siraitken replied to the topic RBA trying to manipulate property markets? in the forum Finance https://www.propertyinvesting.com/topic/4399360-rba-trying-to-manipulate-property-markets/#post-4620992 Thu, 01 Apr 2010 09:11:04 +0000 Duckster I agree with the majority of your statement as it exactly what you find in an economic textbook.However I don't believe property prices will drop anytime soon.This is due to many factors, some of them are:- Population growth (immigration & natural) -> Increasing Demand- Land restrictions -> Limiting Supply- Credit Restrictions -> Limiting…[Read more]

]]> 1ba4f47c8018150f97a1f99a20e53eaf siraitken replied to the topic Furnishing Property - Melbourne in the forum Thanks Duckster, Ryan and https://www.propertyinvesting.com/topic/4399334-furnishing-property-melbourne/#post-4620768 Tue, 30 Mar 2010 11:05:30 +0000 Thanks Duckster, Ryan and Geraldine for your suggestions.My partner and I will be scouring ebay, graysonline and budget furniture stores.We are actually going to check out some ebay furniture tomorrow night!I will look more into the bargain shopper website as it looks like a great source of information.Cheers,Dave

]]> ade08e74d5b36e5d366ec76ec4ee1726 siraitken replied to the topic What to do... in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399268-what-to-do-33/#post-4620332 Wed, 24 Mar 2010 12:09:20 +0000 Thanks Banker & I Dream. I will contact the bank tomorrow.I will update my progress.

]]> b966d1b5415c519b0f6e2158e7cc13b1 siraitken replied to the topic To Reno or not to Reno in the forum Value Adding https://www.propertyinvesting.com/topic/4399058-to-reno-or-not-to-reno-2/#post-4618937 Mon, 22 Mar 2010 08:50:22 +0000 Clint also keep in mind of holding costs.You are looking at a loan approx 440k not including purchasing costs. (500+50-110)Cheapest Interest rates about 6% but likely to go up.Your interest p.a. is $27,000. For the 9 months you wish to renovate interest is $20,250 or $520 per week.Can you afford $520 per week in after tax dollars?In your first…[Read more]

]]> 0bb5cac2188d08f6d46710f2cc9b9244 siraitken 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/13/#post-4602744 Mon, 15 Mar 2010 07:32:10 +0000 Thanks Mike for the report!Hopefully I will be making an offer on the property this week.Cheers,Dave

]]> ebd2b3bd307d5d3446f4e72d565e3a0b siraitken replied to the topic Investors in Melbourne wanting to join a monthly discussion group? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398280-investors-in-melbourne-wanting-to-join-a-monthly-discussion-group/page/3/#post-4614235 Sun, 28 Feb 2010 04:51:53 +0000 Adam,Could I please be added to the email list. If possible would I please be able to get the details of the meeting coming up this Thursday. I will try and attend it.Cheers,Dave

]]> 28af9439a6d7441d07bdec4f2f606a4f siraitken replied to the topic Is property the real answer? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395513-is-property-the-real-answer/#post-4599840 Tue, 24 Feb 2009 03:10:19 +0000 Great post SHalesThere is no get rich quick scheme.It's all about hard work and research

]]> aae1c6673ace4f863eed9c2ec35e8496 siraitken replied to the topic Negative Gearing, friend or foe? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388733-negative-gearing-friend-or-foe/#post-4563611 Mon, 05 Mar 2007 04:19:39 +0000 Very good reply Marc

I agree totally with Marc’s explanation.
Negative gearing always increases the risk but not always the return.
Cashflow neutral or postiive, allows you to retain cashflow for quicker accumlation of properties. negative gearing can tie you down.

There is a massive amount of information on this subject, just scan some previous…[Read more]

]]> 63671f71f0e341628212a883e8fac90a siraitken replied to the topic Help Need - place your vote re new company logo in the forum Heads Up! https://www.propertyinvesting.com/topic/4388124-help-need-place-your-vote-re-new-company-logo/#post-4560817 Fri, 23 Feb 2007 16:37:46 +0000 Hi Don

my preferences are:

1st #2
2nd #1
3rd #4
4th #3

Cheers
Dave

]]> d80caf932711647d04a139276ed0a097 siraitken replied to the topic The biggest decision I'll ever make in the forum Help Needed! https://www.propertyinvesting.com/topic/4387412-the-biggest-decision-ill-ever-make/#post-4557465 Wed, 15 Nov 2006 15:22:11 +0000 Peach

One possibility is to purchase a property as a PPOR so you can claim the FHOG and get the decreased stamp duty benefits but then after a year once you have satisfied the FHOG grant criteria you could then rent the place out.

So effectively you can claim both the stamp duty and the FHOG but the consequence is not renting out the property…[Read more]

]]> ef0db6ccf2980dd2cfc877f1ad803410 siraitken replied to the topic Pitfalls to avoid - First Time Property Investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4387151-pitfalls-to-avoid-first-time-property-investor/#post-4556285 Sun, 22 Oct 2006 13:13:25 +0000 Hey Topjars

Its good to see your about to take the plunge. I dont have any specific tips for you apart from searching this website for a good few hours. Before you buy I’d recommend reading this forum for at least 5-10 hours. Just search “First time investor’, ‘Help’, ‘New’, ‘Purchasing’, ‘Questions to ask’, ‘Checklists’, etc, many things to…[Read more]

]]> f969cb28558d305a6d81ee5266c2002d siraitken replied to the topic Next Melbourne Meeting in the forum General Property https://www.propertyinvesting.com/topic/4386850-next-melbourne-meeting/#post-4554929 Thu, 19 Oct 2006 06:08:34 +0000 Hello Melbourne investors

Author and Business tool designer of ‘Property Millionaire’, Gary Seeto has just started up a Young @ Heart Property Investment club.

Y@H is a national investment club but is divided into states so each state can easily organise meetings and discussions.
Lachlan and I are the moderators for Victoria.

I have negotiated…[Read more]

]]> 4d2875492611fe47a79aaa3186a6b3c5 siraitken replied to the topic Convinced her, now have to convince father. in the forum Help Needed! https://www.propertyinvesting.com/topic/4387103-convinced-her-now-have-to-convince-father/page/2/#post-4556068 Thu, 19 Oct 2006 05:52:20 +0000 Woodrow I am nearly the same age as Chris and it is clear we are both more mature than you. Your countless attacks are pathetic and poor. What do you gain from making these statements?

You’ve spoken your opinion and he has taken it onboard now why don’t you just move on.

Dave

]]> b8bed9c0c44a8a0b86c2277f9daa1191 siraitken replied to the topic Best Suburb In Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4386811-best-suburb-in-melbourne/#post-4554775 Thu, 21 Sep 2006 01:26:23 +0000 Thanks for the reply blogs

Those traffic figures are times in non-peak traffic and i believe are realistic. For peak periods double them. I agree the traffic is bad in peak hours, mainly before and after school.

I haven’t been to Edge Water. I have heard a lot of people talk about the up and coming western suburbs. I rarely travel to the west…[Read more]

]]> 3bb5c85f4aa350c21b1b3550a3809005 siraitken replied to the topic Best Suburb In Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4386811-best-suburb-in-melbourne/#post-4554773 Wed, 20 Sep 2006 03:07:53 +0000 Biased aswell, but here goes.

I live wheelers hill, just near glen waverley.

Glen waverley has been growing rapidly. Houses in the past few years have been moving constantly up. Due to a few factors i believe.
– Safe railway network, 35-40min to flinder st. Many buses aswell depart from the station.
– Very good highschool continually doing well…[Read more]

]]> 9e1d571b4952a3b2fafdab8cb409932a siraitken replied to the topic Anyone need painting advice? in the forum Value Adding https://www.propertyinvesting.com/topic/4386796-anyone-need-painting-advice/#post-4554596 Wed, 20 Sep 2006 01:16:01 +0000 Frank,

Glad to hear your willing to help everyone with painting tips, etc.
The easiest way to go will probs be to post it somewhere on the internet and then put the link into this post.

Im sure someone of this forum will have internet space where they could post your word file and then dispaly the link.

Hope this helps,
Dave

]]> eaefa9637465a4f5d3a85d18af64c8aa siraitken replied to the topic HECS-upfront Or Savings Maximiser?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386722-hecs-upfront-or-savings-maximiser/#post-4554255 Sun, 10 Sep 2006 16:23:04 +0000 Thanks Duckster for clearing that up.

I was unaware of the new rules. I was fortunately enrolled in uni before they increased HECS Fees and changed to the new HELP system.

After hearing the new changes i would definately go with Terry and take on the HELP debt. 10% discount isn’t too significant compared to the increased cash flow and ability to…[Read more]

]]> 6fa016138eb39bf7edd14ace17a6663a siraitken replied to the topic HECS-upfront Or Savings Maximiser?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386722-hecs-upfront-or-savings-maximiser/#post-4554249 Sun, 10 Sep 2006 02:55:19 +0000 Well that adds a whole new dimension….

It really boils down to what is best for you.

There is 3 options

Op1-
Borrow full amount off parents and pay them back ASAP (Over the 3 years this is the cheapest way)

Op2-
There is a part payment way where you get a 20% discount on any amounts over $500 so you could put in as much as you possibly…[Read more]

]]> 20ea61e77774eb0c1bee203a4fa8b563 siraitken replied to the topic HECS-upfront Or Savings Maximiser?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386722-hecs-upfront-or-savings-maximiser/#post-4554247 Sat, 09 Sep 2006 14:46:16 +0000 Ohh and i also forgot, that HECS Debt get indexed with the CPI rate. So yeah increase those final HECS figues a thousand or so.

Cheers, Dave

]]> c3a9ff65927f9f1a4b55942422ad13a2 siraitken replied to the topic HECS-upfront Or Savings Maximiser?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386722-hecs-upfront-or-savings-maximiser/#post-4554246 Sat, 09 Sep 2006 14:40:57 +0000 Ok, well.

I am also in the same situation as you, but i am paying my fees upfront. This is the reason why.

Year 1 Hecs 7000
Total Savings 5821.75 (5500*1.0585)
Year 2 Hecs 14000
Total Savings 11984 (5821*1.0585+5500)
Year 3 Hecs 21000
Total Savings 18506 (11984*1.0585+5500)

So after 3 years your Hecs will still be more than your savings. Thus…[Read more]

]]> 8ef8b855b324ddd0dc4695fe5011d69c siraitken replied to the topic YOUNG PROPERTY INVESTORS club?? in the forum General Property https://www.propertyinvesting.com/topic/4386082-young-property-investors-club/page/2/#post-4551301 Mon, 31 Jul 2006 13:24:08 +0000 I also agree its a good idea. I would be interested and a close friend might be as well. I live in South-East Melbourne. I currently have a small share portfolio but am very interested in property. Would be happy meeting in the city if thats convenient for others.

Cheers,
Dave

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