PropertyInvesting.com | sophieh | Activity https://www.propertyinvesting.com/members/sophieh/activity/ Activity feed for sophieh. Mon, 13 Apr 2026 13:56:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4f54b95f236639e11284ff0e2c9d2a0f sophieh replied to the topic what would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397343-what-would-you-do-26/#post-4609445 Sat, 26 Sep 2009 05:50:58 +0000 Sorry I am not aware of any property groups but I am sure there would be some around, it might be an idea to ask on here :)

Are you familiar with Margaret Lomas at all? I find her a very inspirational intelligent woman who has built her career around property investment, she runs a company called Destiny Financial and they have offices all over the…[Read more]

]]> ea966e3560a1da1dad0834b5cb260472 sophieh replied to the topic LOC to Pay IP Interest in the forum Help Needed! https://www.propertyinvesting.com/topic/4397307-loc-to-pay-ip-interest/#post-4609279 Sat, 26 Sep 2009 05:14:00 +0000 Glennsa I think it is a very creative idea that you have – at the end of the 12 months essentially you will have turned a $140k mortgage into a $50k line of credit, is that right? You would still be paying off your usual repayments, plus the rent from investment property?

I am new to this and trying to make sense of things, I think it sounds like…[Read more]

]]> ae0edf23592abb05bf6b1f9295741973 sophieh replied to the topic to buy now or wait 12 months???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393336-to-buy-now-or-wait-12-months/#post-4588123 Sat, 26 Sep 2009 04:51:47 +0000 Melton is a hot spot – I have heard it being talked about quite a bit.. I believe Margaret Lomas has mentioned it but I might be wrong..

Personally, I would go for it, don’t rush in though make sure you research what houses are going for and get yourself a good deal.. be a strong negotiator and get yourself a good deal (that is why i love private…[Read more]

]]> d78947fa238493879f2ce5c83a68a147 sophieh replied to the topic Raising rent in the forum General Property https://www.propertyinvesting.com/topic/4397336-raising-rent-2/#post-4609414 Sat, 26 Sep 2009 04:39:33 +0000 Do you think a rental increase of over 20% is ok and acceptable, if it is in line with the current market? Probably not ok with the tenant of course, but do you think a tribunal would take into account the current market and the fact the existing rent is way under market rents?

]]> 2cec4e5486acdc601f6824ca7c2f8216 sophieh replied to the topic what would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397343-what-would-you-do-26/#post-4609443 Sat, 26 Sep 2009 04:35:20 +0000 Oh I realise I put what I expect the property to be worth but not what I paid which doesn’t help! I paid $195k

]]> ea97cfeb06de4bb62cd403e1f50c5ac0 sophieh replied to the topic what would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397343-what-would-you-do-26/#post-4609442 Sat, 26 Sep 2009 04:34:16 +0000 This is true, you may need to contribute toward the mortgage – I would rather do this than have cash flow positive or neutral, but all my eggs in one basket – the capital growth in 2 properties to me is more attractive than 1 property but not having to supplement the mortgage.

Have a look around.. I have just bought a unit – waiting to settle -…[Read more]

]]> e51b1a7af8734cdde112d852410471ac sophieh replied to the topic what would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397343-what-would-you-do-26/#post-4609440 Sat, 26 Sep 2009 04:03:19 +0000 Saving 160k is very impressive! Congratulations!

Personally, if I were you, I would be buying 2 properties in growth areas – I love Frankston :) using your savings as deposits but not all of it, just give 10% deposit – and then let the rent pay your mortgages. When the properties go up in value and you have more equity then borrow against and keep…[Read more]

]]> bf49ff610ab1b401fdc147a70e73bc89 sophieh replied to the topic Family planning :) in the forum Help Needed! https://www.propertyinvesting.com/topic/4396236-family-planning/#post-4604042 Sun, 13 Sep 2009 06:01:47 +0000 Also I want to mention that I think with FHOG finishing up rental return and demand are only going to go up even further…

]]> 054fdcec30d35b7c955710edc3a3949e sophieh replied to the topic Family planning :) in the forum Help Needed! https://www.propertyinvesting.com/topic/4396236-family-planning/#post-4604041 Sun, 13 Sep 2009 06:00:50 +0000 I agree with what others have said, and that is, you would be crazy to sell any of the properties you mention…

Rental return is only going to increase, if you are concerned about it at all then yes definatley go option B fix the mortgages and bunker down…

Is your income ok that you could supplement the loans if need be??

I can’t imagine…[Read more]

]]> 2d270077e6cfabd15a8562136066ebe4 sophieh 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/19/#post-4525014 Sun, 13 Sep 2009 03:39:20 +0000 I have a 93 Mazda Astina 323 – with aircon! But the aircon is broken – last summer I nearly fainted while driving so my darling Mummy has been kind enough to give me her old Ford Falcon, I think it is a 97…

I contemplated buying a new car a few months ago – but would rather put all my money into building wealth at this stage.. maybe by the time…[Read more]

]]> 6b16738319e475b0bbe0916331773c37 sophieh replied to the topic Investment Property or Live-in Property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397033-investment-property-or-live-in-property/#post-4608132 Wed, 09 Sep 2009 11:30:25 +0000 As close to CBD as possible – Margaret Lomas talks about Ipswich a bit.. I was searching and found around bundamba pretty cheap and close to CBD mind you I know nothing about the area at all :)

]]> 230dad7aba4a38175e988e25e71822b0 sophieh replied to the topic Investment Property or Live-in Property? in the forum Well then why not invest and https://www.propertyinvesting.com/topic/4397033-investment-property-or-live-in-property/#post-4608128 Sat, 05 Sep 2009 07:02:09 +0000 Well then why not invest and stay where you are, have that as your long term goal :)

Ipswich is apparently another area that will be increasing in value over the next couple of years..

]]> 92531ee66248b970e6d607ea52093763 sophieh replied to the topic Investment Property or Live-in Property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397033-investment-property-or-live-in-property/#post-4608125 Sat, 05 Sep 2009 04:48:54 +0000 Could you afford to buy a property in the area you currently live in? If so, I would potentially look at that option.. rather than having to pay rent money.

I also look at interest only as a better option that renting aswell, but I would only do interest only if you are quite confident that there is going to be substantial growth – I have one…[Read more]

]]> 1e7b4dba6c1766865acf189166c5ebad sophieh replied to the topic Finally Got Our 2nd Property *yay* in the forum General Property https://www.propertyinvesting.com/topic/4397147-finally-got-our-2nd-property-yay/#post-4608652 Wed, 02 Sep 2009 08:06:39 +0000 Congrats! Good move! I am also invested in this area and looking forward to see the improvement that will come over the next few years :) I am eagerly awaiting settlement of my second house in the area..

]]> c89506afe0c9ba1d5c574920ba992385 sophieh replied to the topic value of houses in the forum Help Needed! https://www.propertyinvesting.com/topic/4397116-value-of-houses/#post-4608545 Sun, 30 Aug 2009 09:10:25 +0000 I am not sure what you mean by ULV?

I imagine it would depend largely on what area, a $70k house around my area would be, well, non existent!

]]> df28bbc068abf6bd9da23035450159a0 sophieh replied to the topic Investing in Frankston in the forum General Property https://www.propertyinvesting.com/topic/4397078-investing-in-frankston-2/page/2/#post-4608384 Sun, 30 Aug 2009 09:06:05 +0000 Singer, I would be most interested to hear the names of the primary schools that you recommend around the Frankston area if you don’t mind?

Sophie

]]> 5668e45ebdbd911500783e5d02cbec35 sophieh replied to the topic Investing in Frankston in the forum General Property https://www.propertyinvesting.com/topic/4397078-investing-in-frankston-2/#post-4608380 Thu, 27 Aug 2009 21:37:04 +0000 Margaret Lomas is very interesting, if anyone has foxtel she is on the business channel every Monday night with a panel of other property related people. She loves Frankston!

]]> c56505933caf6c9b21729299668bb9f0 sophieh replied to the topic Investing in Frankston in the forum General Property https://www.propertyinvesting.com/topic/4397078-investing-in-frankston-2/#post-4608376 Thu, 27 Aug 2009 09:57:29 +0000 Was it Margeret Lomas?

That is most interesting, Frankston does have a very progressive council and lots of plans.. I think and hope, it will be a completely different place in 10 yrs… there is still a lot of vacant land around like in Langwarrin and Carrum Downs, but as this gets developed I really believe the area will go up astronomically.

]]> f8e6c40da3a5901c31c81dd3d09d5638 sophieh replied to the topic Issues with Body Corporate in the forum Help Needed! https://www.propertyinvesting.com/topic/4397106-issues-with-body-corporate/#post-4608515 Thu, 27 Aug 2009 08:56:54 +0000 I don’t see how you could do anything, if they own one property each and are both entitled to a vote, just because they happen to be in a relationship together shouldn’t make their vote have any less impact than the other owners.

]]> dcf9af07ca86006bae9ab29d8761afc6 sophieh replied to the topic Investing in Frankston in the forum General Property https://www.propertyinvesting.com/topic/4397078-investing-in-frankston-2/#post-4608374 Thu, 27 Aug 2009 08:37:09 +0000 People bought in Frankston North for 60-80 2 years ago?? That’s a pretty big exageration isn’t it or perhaps you are missing the 1 in front.

A friend of mine bought in Frankston North about 6 yrs ago for 100k (burnt out inside) spent about 50k fixing up and could possibly sell for about 250-270ish now.. that admittedly is pretty good.

]]> 08575b878e6cce4e294c8c5908c7e076 sophieh replied to the topic Investing in Frankston in the forum General Property https://www.propertyinvesting.com/topic/4397078-investing-in-frankston-2/#post-4608369 Tue, 25 Aug 2009 15:06:13 +0000 I would be avoiding Frankston North. Look around Frankston Central and anywhere close to the beach. How much are you looking at spending if you don’t mind me asking?

I am also looking at buying my second property in Frankston ;)

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