PropertyInvesting.com | SK2 | Activity https://www.propertyinvesting.com/members/sk2/activity/ Activity feed for SK2. Mon, 13 Apr 2026 10:44:43 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fbce595b4c84d2c195470f9b76fdbd5a SK2 replied to the topic Parramatta? Beliveve the hype? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390049-parramatta-beliveve-the-hype/#post-4569863 Thu, 28 Jun 2007 12:22:52 +0000 North Parramatta would be better as it is close enough to all of what Parramatta has to offer yet is more peaceful. These are the streets which are close to Parramatta Lake Reserve.

]]> dddd67bacf2c1cd16bdfba2179fe86ca SK2 replied to the topic Sydney bargain suburbs in the forum General Property https://www.propertyinvesting.com/topic/4390034-sydney-bargain-suburbs/#post-4569813 Wed, 27 Jun 2007 12:39:14 +0000 Hi Crashy,I would suggest you look at Seven hills as prices in this suburb and some surrounding suburbs have bottomed out in my opinion. Good thing with Seven Hills is that it has a train station plus a new business park is planned to get created there.Regards, SK2

]]> 123fbb86a0fd7a2581cc034772bb848a SK2 replied to the topic ATO form to claim depreciation now in the forum No Subject https://www.propertyinvesting.com/topic/4388336-ato-form-to-claim-depreciation-now/#post-4561660 Mon, 05 Feb 2007 13:02:01 +0000 Thanks Linda

]]> b67ff9920d4318c4da49526070d00eeb SK2 replied to the topic financial advisors, brokers in Sunshine Coast in the forum No Subject https://www.propertyinvesting.com/topic/4388263-financial-advisors-brokers-in-sunshine-coast/#post-4561397 Wed, 31 Jan 2007 14:25:19 +0000 I am based in Sydney and was able to meet up with Richard while there a few weeks ago to work on an IP. I would recommend him to anyone. He gives good honest advice.

Regards,

SK2

]]> 652ae3d2bf9cf07aa7e9bad02a7f882e SK2 replied to the topic SYDNEY METRO STRATEGY officially released in the forum Heads Up! https://www.propertyinvesting.com/topic/4383463-sydney-metro-strategy-officially-released/#post-4536855 Wed, 10 Jan 2007 07:08:02 +0000 Hi,

Does anyone have any further information on this in particular relating to the new Rouse hill regional centre? Also I have heard there will be many new lots created near Kellyville Ridge by Landcom, does anyone know when these would go on sale and what the price range might be?

Regards,

Sk2

]]> a09cd526414bec4472ab673994064520 SK2 replied to the topic 100% Home Loan in the forum Finance https://www.propertyinvesting.com/topic/4387946-100-home-loan/#post-4560034 Wed, 10 Jan 2007 06:57:06 +0000 Thanks for the advice v8ghia. I will definitely get pre-approval beforehand!

I have also heard about the 100% loans from Macquarie, would that be something worth considering? Or is it better if I just went through a broker to get this organised? I am based in Sydney.

Regards,

Sk2

]]> e87375992b63283218a07a021ca6f9f8 SK2 replied to the topic New First Time Buyers Loan in the forum No Subject https://www.propertyinvesting.com/topic/4387921-new-first-time-buyers-loan/#post-4559931 Mon, 08 Jan 2007 13:07:43 +0000 Hi Richard,

This is interesting and might be something that could suit me. Which two lenders is this product through?

What will the interest rates be like?

I already have an investment loan on the CBA wealth package but am now considering loans I could take out to purchase a home to live in.

Regards,

Sk2

]]> b3bf53a9d9671eec4a1bf2f4ce6502f6 SK2 replied to the topic Rick Otton Bootcamp... in the forum Heads Up! https://www.propertyinvesting.com/topic/4382032-rick-otton-bootcamp/#post-4528496 Wed, 27 Sep 2006 15:12:04 +0000 Hi tiredofthis sorry for asking, but are you affiliated to the Jenman site or are you actually Mr Jenam in disguise here?

Saw your other post in the Help section where you put your views on Rick and again referred to some artical on that site.

Regards,

SK2

]]> 07b96ec41bd3cdd4e59348d0c766c75e SK2 replied to the topic What type of vehicle do you have ?? in the forum Opinionated! https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/10/#post-4524830 Mon, 11 Sep 2006 15:28:27 +0000 Hi All,

Here is what we drive:

Mine is a 99 Camry v6 bought in 2002 for 14k. It had done 97Km back then and is now reaching 200km but still runs like new. Also good thing with the Camry v6 is that it does not use much more fuel then the 4 cylinder camry.

My wife drives a 2003 Corolla bought for 15k earlier this year and it had done about…[Read more]

]]> 9e7cb99e2471eeeb42bf3445c1e9c83a SK2 replied to the topic First time Investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4385473-first-time-investing/#post-4547344 Mon, 15 May 2006 11:44:06 +0000 Try http://www.propertyvalue.com.au

Gives you free suburb profiles once you register with them. Registration is free also.

]]> 82f11815417e39777c70cfe96c15f3db SK2 replied to the topic Using Re-Draw on investment loans in the forum Finance https://www.propertyinvesting.com/topic/4385438-using-re-draw-on-investment-loans/page/2/#post-4547160 Mon, 15 May 2006 11:36:35 +0000 Thanks Richard I reckon that is what I will do when it’s time for my 2nd IP purchase.

Also the ATO called back today and confirmed everything that was mentioned here. Offset account set up’s on investment loans are perfectly okay however using re-draw will require apportioning to claim back on tax.

]]> 10952879e78ed6501be7ad2e286eb390 SK2 replied to the topic Using Re-Draw on investment loans in the forum No Subject https://www.propertyinvesting.com/topic/4385438-using-re-draw-on-investment-loans/#post-4547158 Fri, 12 May 2006 14:59:37 +0000 Hi Terry I originally did intend on going through StGeorge however they let me down in the speed in which they which they seem to work. Maybe it was a rare case however after I had put documents through to StGeorge they came back to me 2 weeks later saying we had to supply additional I.D before they did the valuation on the land!

My land…[Read more]

]]> 357aa0f59e147aa320f973193203b089 SK2 replied to the topic Using Re-Draw on investment loans in the forum Finance https://www.propertyinvesting.com/topic/4385438-using-re-draw-on-investment-loans/#post-4547156 Fri, 12 May 2006 11:22:55 +0000 Thanks for the info Fish. That will be a shame if I can’t have the salary go directly into the MISA account. But I guess if the transfers into MISA can be doing over the net then it should still be okay.

I will check up on that limitation.

]]> edf56ae200de6599aa54b83569b881b9 SK2 replied to the topic Using Re-Draw on investment loans in the forum No Subject https://www.propertyinvesting.com/topic/4385438-using-re-draw-on-investment-loans/#post-4547153 Fri, 12 May 2006 03:39:56 +0000 I just contacted the ATO however they said someone will get back to me within 24 hours with an answer. I will post what I find out here.

I also contacted CBA and they advised I could have an offset account called the Miser account. Will wait to see what sort of account that is when I receive more information for it.

]]> e5e1d8ff59301995c0ac9bef22d1b179 SK2 replied to the topic Using Re-Draw on investment loans in the forum Finance https://www.propertyinvesting.com/topic/4385438-using-re-draw-on-investment-loans/#post-4547151 Thu, 11 May 2006 15:26:25 +0000 Thanks Terry, Now I feel as though it probably is not the best idea for me to be going with CBA!

Can I just confirm that even though both an offset and a normal loan account with re-draw seem to operate the same way,( Both can have the full salary paid into it, both have the interest calculated off the total amount in the loan and both allow one…[Read more]

]]> f8d98646f022c394345427f27f367e16 SK2 replied to the topic Using Re-Draw on investment loans in the forum No Subject https://www.propertyinvesting.com/topic/4385438-using-re-draw-on-investment-loans/#post-4547149 Thu, 11 May 2006 11:47:27 +0000 Thanks LifeX, that structure looks like it would still let me achieve my aim of paying costs with the credit card and then pay off the credit card with the offset account instead of through the loan directly.

I’m just not sure if the Viridian line of credit can be used like an offset as Richard mentioned it can’t.

I will speak to the Comm Bank…[Read more]

]]> 1c75a6eb9b38bf56189fa43ce5cce3d7 SK2 replied to the topic Using Re-Draw on investment loans in the forum Finance https://www.propertyinvesting.com/topic/4385438-using-re-draw-on-investment-loans/#post-4547146 Thu, 11 May 2006 08:38:17 +0000 Thanks for that Terry. I have not actually signed anything yet so i’m glad I checked for opinions here first!

Does anyone know if the Viridian line of credit through Comm Bank can be used like an offset account which Terry mentioned?

Or is it best to just not put all of the salary into the loan in the first place?

]]> c86847aa5425c9e1fdcbd15dca678276 SK2 replied to the topic Using Re-Draw on investment loans in the forum Finance https://www.propertyinvesting.com/topic/4385438-using-re-draw-on-investment-loans/#post-4547142 Thu, 11 May 2006 05:31:23 +0000 Thanks Richard and Terrw.

My plan was to have my full salary paid straight into the loan and cover all my expenses with a credit card. Then at the end of each month I would re-draw the amount required to pay of the credit card.

I will keep in mind what you said if I do need to re-draw.

]]> 86c2762cdaa0e37690395976658ea03f SK2 replied to the topic Beaudesert in the forum Help Needed! https://www.propertyinvesting.com/topic/4384959-beaudesert/#post-4544714 Tue, 04 Apr 2006 04:56:58 +0000 Hi NATHAN17,

I have also been researching this area and am in the process of getting a house built there. I visited a few of the real estate agents in Jimboomba and Beaudesert and there does seem to be a lack of rental properties available. Most of the real-estate agents expect the rental to be around the 280-300 week for a brand new house on at…[Read more]

]]> 6898bd174d19b78edb0256bdb8df7deb SK2 replied to the topic Investing in Gleneagle (1hr from Brisisie) in the forum Help Needed! https://www.propertyinvesting.com/topic/4384716-investing-in-gleneagle-1hr-from-brisisie/#post-4543564 Mon, 20 Mar 2006 06:27:20 +0000 Thanks for the advice Krupta. You are right the developer will be selling other stages in the same area.

The total investment however will be under $280k and not 350k as you mentioned.

Regards,

SK2

]]> 9db7599d8336e4269aaf6c5f9b9e6841 SK2 replied to the topic Investing in Gleneagle (1hr from Brisisie) in the forum Help Needed! https://www.propertyinvesting.com/topic/4384716-investing-in-gleneagle-1hr-from-brisisie/#post-4543562 Wed, 15 Mar 2006 11:26:55 +0000 Hi Puggsy,

It is in a new estate with fully serviced half acerages. It does have town water, phone lines and electricity underground. However the town water uses a trickle feed system meaning an underground holding tank does need to be within the property.

]]> 8a8bf8d76daaa60c07900942848c1976 SK2 replied to the topic Buying first IP in Crestmead or Runcorn QLD in the forum Help Needed! https://www.propertyinvesting.com/topic/4384077-buying-first-ip-in-crestmead-or-runcorn-qld/#post-4540102 Wed, 01 Feb 2006 19:23:13 +0000 Thanks Derek,

Thats a good point and one that I had also not thought of.

]]> 2d309ff60bc1da5c1b0f626d4e65abe5 SK2 replied to the topic Buying first IP in Crestmead or Runcorn QLD in the forum Help Needed! https://www.propertyinvesting.com/topic/4384077-buying-first-ip-in-crestmead-or-runcorn-qld/#post-4540100 Tue, 31 Jan 2006 18:38:00 +0000 Thanks prcbryce1 I did not know of the property value site but it is quite handy. I am probably less keen on Crestmead now and might start to look more at Runcorn.

Although according to the suburb snapshot at domain.com there has been a -3 change in Runcorn and a +5 change for Crestmead in the last 12 months.

Still not sure where to buy but but…[Read more]

]]> e76a2e7b7717143baf885577dc992b64 SK2 replied to the topic Buying first IP in Crestmead or Runcorn QLD in the forum Help Needed! https://www.propertyinvesting.com/topic/4384077-buying-first-ip-in-crestmead-or-runcorn-qld/#post-4540098 Tue, 31 Jan 2006 06:24:16 +0000 Hi Noysee thats true it is almost 30km away from Brisbane city. Although I think it does have a bus service going directly to the city.

aaronwhittaker2003 – From what the local real estate agents whom Iv called told me, the average rent is around the $250 week.

]]>