PropertyInvesting.com | soloinvestor | Activity https://www.propertyinvesting.com/members/soloinvestor/activity/ Activity feed for soloinvestor. Wed, 15 Apr 2026 00:34:48 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c52b49cdf1eb274a7cbbbcacec77ff83 soloinvestor 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-4668263 Sat, 28 Apr 2012 07:56:55 +0000 The insurance risk is not worth it. After successfully managing my 4 properties for years I finally got caught. Tenant did $10K worth of damage and insurance paid for $800!!! BECAUSE I did not have a property manager doing the required inspections etc etc!!

]]> e954cae478fdc066ff75a17fb48551ba soloinvestor replied to the topic Renovating For Profit in Brisbane - QBSA restrictions in the forum Value Adding https://www.propertyinvesting.com/topic/4406457-renovating-for-profit-in-brisbane-qbsa-restrictions/#post-4668546 Sat, 28 Apr 2012 07:45:14 +0000 Apparently the QBSA adds the cost of all the trades together so if the total of all trades is more than $11K then you are supposed to get an owner builder licence :(  Seems like the solution is to use a licenced builder if you want to follow the rules as if you don't you are liable if anything goes wrong with the house for 6 years and you are su…[Read more]

]]> 779906479f15e29a5a92e3ec95d7d74f soloinvestor replied to the topic Cost of Colorbond roof? in the forum Value Adding https://www.propertyinvesting.com/topic/4406213-cost-of-colorbond-roof/#post-4666539 Sat, 28 Apr 2012 03:12:46 +0000 I replaced a roof recently, it was a bit bigger than an average size house (was a small block of 3 x 1brm units). Cost $14K.  I had other quotes up to $18K.You don't say where you are though.  If you are in a capital city, average size roof without difficult rooflines I think you might be looking around $8 – $10K.

]]> 87f91899a8e4990f3612ea51391a44b5 soloinvestor started the topic Renovating For Profit in Brisbane - QBSA restrictions in the forum Value Adding https://www.propertyinvesting.com/topic/4406457-renovating-for-profit-in-brisbane-qbsa-restrictions/ Sat, 28 Apr 2012 02:57:45 +0000 I recently saw Cherie Barber in Brisbane and was inspired to buy and renovate property using her strategy (starting with cosmetic renovations), but do it as a business meaning numerous properties one after another to generate some quick income.

However, after discussing with a local builder I was informed that I could not do this in QLD due to…[Read more]

]]> 109aa6ce55814b76eeaa1061f75c1240 soloinvestor replied to the topic QLD Court - Agent can't lodge court papers? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399184-qld-court-agent-cant-lodge-court-papers/#post-4619756 Tue, 15 Jun 2010 05:31:08 +0000 Wow, wish I was EBM, after just having hell time with CGU who need to be avoided like the plague!

]]> 904289f20aa18758984319d281fb3c46 soloinvestor replied to the topic Is Granite the Best Material for Kitchen Benchtops? in the forum Value Adding https://www.propertyinvesting.com/topic/4395347-is-granite-the-best-material-for-kitchen-benchtops/#post-4598982 Wed, 29 Apr 2009 21:21:32 +0000 I have just installed a new kitchen that I bought at auction, the benchtop is a manufactured composite stone acrylic, similar to corian and it STAINS!! Most marks come out with a creme cleanser like jif but there are a few cup rings that will not come out!Have contacted the distributors and they just keep telling me it shouldn't stain etc etc, and…[Read more]

]]> db76e488ffe645774ccbafd6df5742bb soloinvestor replied to the topic Help! Info needed on renting our home. in the forum Help Needed! https://www.propertyinvesting.com/topic/4394027-help-info-needed-on-renting-our-home/#post-4591899 Thu, 21 Aug 2008 07:30:47 +0000 Duckster, wouldn't they be exempt from CGT for the first 6 years?  That was my understanding, so long as they don't claim PPOR on another residence in the meantime? 

]]> b26b6e72765e4876cbb3a6f6f7846218 soloinvestor replied to the topic Do I need to get my house valued? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393783-do-i-need-to-get-my-house-valued/#post-4590660 Thu, 21 Aug 2008 02:01:50 +0000 Can I still claim depreciation on the property while it's being rented out, assuming that I'm going to move back in within 6 years to  avoid CGT liability?

]]> 92ad3630c01babe03f57f03a4c3f1b04 soloinvestor replied to the topic Networking in Brisbane?!?! RP4 participant in the forum Help Needed! https://www.propertyinvesting.com/topic/4393724-networking-in-brisbane-rp4-participant/#post-4590252 Fri, 18 Jul 2008 06:05:32 +0000 I am interested in a Brisbane get together.  My husband and I have 4 rental properties between us.Carla

]]> e5b0e2029456fc441e1eef7e91ab79ed soloinvestor replied to the topic Advantages and Disadvantages of buying on a Main Road in the forum Help Needed! https://www.propertyinvesting.com/topic/4393772-advantages-and-disadvantages-of-buying-on-a-main-road/#post-4590495 Fri, 18 Jul 2008 01:32:17 +0000 We bought on a busy main road in Brisbane, but we are not near a traffic light so there is no problem with access to our driveway from traffic buildup or anything, and the house is double glazed an there are no noise problems.  We paid significantly less for the property due to its location, and were happy with that.  We are now looking at rent…[Read more]

]]> 09d08f448df3c2fb70bc067c4f9b614c soloinvestor replied to the topic Should I rent out my home for tax benefit and rent a house to live in? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393426-should-i-rent-out-my-home-for-tax-benefit-and-rent-a-house-to-live-in/#post-4588573 Wed, 18 Jun 2008 09:56:14 +0000 Anybody else contemplated or doing this scenario? 

]]> ae0fc457a998682522a0d7a619aadc9b soloinvestor replied to the topic Can you rent property to third party live in it yourself and declare the income as rental income?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393417-can-you-rent-property-to-third-party-live-in-it-yourself-and-declare-the-income-as-rental-income/#post-4588541 Fri, 06 Jun 2008 06:28:34 +0000 any transaction that shows no real business purpose other than manipulating tax will draw ATO attentionon the other hand you have to draw the short straw and get audited……..just choose you own comfort level re risk/rewardHow is this transaction manipulating anything?  They are not doing it to manipulate tax, they are merely taking advantage…[Read more]

]]> 2bb15084607ba79d0a598a4589ef0af8 soloinvestor replied to the topic Should I rent out my home for tax benefit and rent a house to live in? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393426-should-i-rent-out-my-home-for-tax-benefit-and-rent-a-house-to-live-in/#post-4588571 Fri, 06 Jun 2008 04:18:44 +0000 Thanks for your response duckster.  I can't move into either of the other properties as they are in Mount Isa (bought solely as IP's) and I am in Brisbane.My tax rate will only be 30%.How do you get the figure $11,000?

]]> e5336bd3aad7093607a5afa714874d9e soloinvestor replied to the topic Can you rent property to third party live in it yourself and declare the income as rental income?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393417-can-you-rent-property-to-third-party-live-in-it-yourself-and-declare-the-income-as-rental-income/#post-4588538 Fri, 06 Jun 2008 03:48:59 +0000 I can't see why you can't lease your home to the mining company.  Who they choose to allow to live in it (ie. yourselves) is their business and where you live is your business and no business of the ATO.  So long as you declare your income from the lease honestly, you should be able to treat it as any other IP as far as I am aware.I am currently s…[Read more]

]]> d0f29783477ade7615fa2c6234b4c0d9 soloinvestor replied to the topic Solicitor SCREWED UP with prepaid rent money! in the forum Help Needed! https://www.propertyinvesting.com/topic/4385633-solicitor-screwed-up-with-prepaid-rent-money/#post-4548021 Thu, 22 Jun 2006 02:41:15 +0000 Just a follow-up on what has happened with this issue.

Yesterday I contacted vendors solicitors regarding this matter demanding to know what the holdup was – guess what – in 5 months, my solicitor had not even ONCE contacted them to advise of the oversight and they were not even aware that it had occurred.!!

In frustration, I contacted the Qld…[Read more]

]]> edf3457b4d40f400548fa7159114a81e soloinvestor replied to the topic Investing in Ireland in the forum No Subject https://www.propertyinvesting.com/topic/4385223-investing-in-ireland/#post-4546264 Sat, 27 May 2006 10:35:26 +0000 How did you go about getting finance, and what lender?

thanks

]]> bd2cb7107cd9456366eedf0cfd3bab02 soloinvestor replied to the topic Solicitor SCREWED UP with prepaid rent money! in the forum Help Needed! https://www.propertyinvesting.com/topic/4385633-solicitor-screwed-up-with-prepaid-rent-money/#post-4548016 Sat, 27 May 2006 07:32:14 +0000 Thanks for all your responses – the solicitor just keeps saying I will get the money – but when?? I have never had any contact details for the vendor – only the agent and it seems like it has been too long to contact the agent after nearly 6mths. I stupidly just kept trusting my solicitor as we had been dealing with him for a long time. I…[Read more]

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