PropertyInvesting.com | summer | Activity https://www.propertyinvesting.com/members/summer/activity/ Activity feed for summer. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 489454bcae8d10d66e1bb5ba17b09869 summer replied to the topic off set accounts in the forum Help Needed! https://www.propertyinvesting.com/topic/4378426-off-set-accounts/#post-4504698 Thu, 03 Feb 2005 04:50:32 +0000 Thanks for help. I thought that was the case. If it is just an IP only then a redraw is enough as it is tax deductible. But moving in making it a PROR is better coming from an offsett account so you have the most money in the PROR as it is not tax detuctiable. Thats rights isn’t it?

]]> 0b250614845fe046a5c0414dd87833b2 summer replied to the topic off set accounts in the forum Help Needed! https://www.propertyinvesting.com/topic/4378426-off-set-accounts/#post-4504695 Wed, 02 Feb 2005 09:35:38 +0000 Is this the best way to buy another Ip. Buy using an offset account (on another IP) for a new IP deposit.?

Was thinking it could be a good idea if you want to put down a really large deposit on a new Ip with the idea of moving in when the new IP loan has reduced. Any thoughts?

]]> f4865d94d24cd12e6cf0f7a84e9ac212 summer replied to the topic Purchasing Business in the forum Help Needed! https://www.propertyinvesting.com/topic/4377634-purchasing-business/#post-4499726 Tue, 04 Jan 2005 08:33:17 +0000 I have also been looking for a small business for at least 6 months now. I am in the lower price range and it seems that all the businesses i have looked at have only been operating for 1 year or so. And not making much or any money. It is a very dissapointing process.

]]> 0f6c9682877f6faea73fa32e6f95eb55 summer replied to the topic Setting up asset protection before divorce? in the forum Finance https://www.propertyinvesting.com/topic/4377208-setting-up-asset-protection-before-divorce/#post-4496739 Wed, 01 Dec 2004 10:07:45 +0000 This is a very interesting question. I was wondering although not quite related to the above topic. As a single who holds a couple of properties and other assets is there a way of protecting these from any future partnership spilts (or being sued). They are currently held in my name but in the future i would like to protect my assets and all my…[Read more]

]]> 955ba2d10b290cabe6b71b8734f7fe07 summer replied to the topic -ve geared property in the forum No Subject https://www.propertyinvesting.com/topic/4377031-ve-geared-property/page/2/#post-4495812 Wed, 01 Dec 2004 08:24:25 +0000 Thanks for advice i am going to get a quanity surveryer done as the property is 1930’s.

]]> d0162042d5fe8e651f79aeda49d889f6 summer replied to the topic -ve geared property in the forum Help Needed! https://www.propertyinvesting.com/topic/4377031-ve-geared-property/#post-4495810 Tue, 30 Nov 2004 05:58:47 +0000 I didn’t know about a quanity surveyor until i joined this site i will look into it thanks for the advice. I was just leaving it to my accountant (although he is very good.)

Just a question on paying down a loan on an Ip so you can then get more equity to service more IP loans.

I thought this was the best way……eg.

When i took out my last IP…[Read more]

]]> 2e8b1890e575acf24d50977c1979f56e summer replied to the topic Get "Rich" Quickly or Get "Rich" Slowly in the forum Creative Investing https://www.propertyinvesting.com/topic/4377131-get-rich-quickly-or-get-rich-slowly/#post-4496296 Wed, 24 Nov 2004 08:46:43 +0000 I think you have to take a bit of risk.. I had my PPOR paid off by mid 2000 but didn’t do anything else until 2003 a lot of wasted time. And even more wasted time in a booming market.

]]> 187d78b52a0ef1853fe2c563cf4c2f78 summer replied to the topic Rent to brothers girlfriend!!!!!! in the forum No Subject https://www.propertyinvesting.com/topic/4372085-rent-to-brothers-girlfriend/page/2/#post-4461218 Wed, 24 Nov 2004 08:42:43 +0000 Just a question for Debtdog if you have taken someone to court and the court has ordered them to pay you the outstanding amount can you get these funds out of the person?? Even if they never have any money etc?

]]> 0e444b19980be65498e6f94a681bb706 summer replied to the topic melbourne suburb in the forum Help Needed! https://www.propertyinvesting.com/topic/4377111-melbourne-suburb/#post-4496207 Wed, 24 Nov 2004 06:00:48 +0000 i think i will have a look around the houses beachside of the neapen highway need a lot of work but great location. Not keen on north frankston but frankston central isn’t as bad

]]> c009f839aaf6f7a93cded3cd4876571e summer replied to the topic melbourne suburb in the forum Help Needed! https://www.propertyinvesting.com/topic/4377111-melbourne-suburb/#post-4496204 Tue, 23 Nov 2004 11:58:11 +0000 I thought it was called long island around I think it is Gould street and those surrounding streets. There is a tennis court on the corner of Gould Street called long island tennis centre. Thanks for the links.!!! They are fantastic! I also beleive with alot of development the area may become more popular i will do some more research.[biggrin]

]]> bad235de129343a6d1cd5c15963c4038 summer replied to the topic -ve geared property in the forum Help Needed! https://www.propertyinvesting.com/topic/4377031-ve-geared-property/#post-4495804 Tue, 23 Nov 2004 11:46:25 +0000 Thanks Yack and Geo i have just finished Peter Spann’s book how you could build 10 million property. Great read!! I suppose there is no right or wrong way in property investment some people prefering positive cashflow and some CG.(both would be good!) In Peters book he wasn’t paying off the properties just fixing the loans and paying the interest.…[Read more]

]]> d7ae83ac5f4998e5fdf3084bbe66cf65 summer replied to the topic landlord insurance in the forum General Property https://www.propertyinvesting.com/topic/4377032-landlord-insurance-4/#post-4495821 Wed, 17 Nov 2004 06:55:42 +0000 I have always been with CGU, the PM should make some suggestions to you as well.

]]> 3dfaec072f3c5a3e916696292cfa06e7 summer replied to the topic markets dropped 15 pct in the forum General Property https://www.propertyinvesting.com/topic/4377023-markets-dropped-15-pct/page/2/#post-4495684 Wed, 17 Nov 2004 06:51:33 +0000 [biggrin] That is great!! I suppose that is 40,000$ they beleived they had.

]]> fb281b6258190525a05e19bf50f0b84e summer replied to the topic -ve geared property in the forum Help Needed! https://www.propertyinvesting.com/topic/4377031-ve-geared-property/#post-4495798 Wed, 17 Nov 2004 03:32:06 +0000 Can you tell me the name of peter spanns book i think i will go and check this out now?

]]> 05c1f66d6c5084e94101e71d9aaebaf7 summer replied to the topic -ve geared property in the forum Help Needed! https://www.propertyinvesting.com/topic/4377031-ve-geared-property/#post-4495797 Wed, 17 Nov 2004 03:24:25 +0000 Not suffering love my job just hate wasting money. And i want to be in the best finanical position that is possible for me. Thanks to you both for the advice[biggrin]

]]> 694acc7fd886f2977a6d0f9f868e0118 summer replied to the topic -ve geared property in the forum Help Needed! https://www.propertyinvesting.com/topic/4377031-ve-geared-property/#post-4495796 Wed, 17 Nov 2004 03:20:02 +0000 I have read both the NZ version and australian version of jan somers. It was very good and actually got me out there to buy this investment property. It is a good bayside area. I think maybe a mix of both would be great my next property will be Positive cashflow and i will work hard paying down my loan. this peter span book i have notice has come…[Read more]

]]> 8dc6970791d0c60ffa02773c3da82c68 summer replied to the topic Tassie in the forum Help Needed! https://www.propertyinvesting.com/topic/4376989-tassie/#post-4495496 Wed, 17 Nov 2004 03:13:48 +0000 I was to beleive a lot of invested pushed up the prices there a couple of years ago when positive cashflow was high. I would do your homework if a lot of these investors start selling and buying elsewhere prices may fall. just an opinion.

]]> f7e2c26cbd21ce1eea50a7985a5224e8 summer replied to the topic markets dropped 15 pct in the forum General Property https://www.propertyinvesting.com/topic/4377023-markets-dropped-15-pct/#post-4495680 Wed, 17 Nov 2004 03:11:03 +0000 I am sure inner city bayside apartments have dropped a bit from 18 months ago. I was just looking(for fun) around elwood and they were abuot 320,000 older style by the beach and there seems to be a few on the market for high 200’s. They did predict Melbourne would drop it was going mad. Is anyone still buying? I am keen on an outer bayside suburb…[Read more]

]]> 6460971fecf3dad0fdc4be5a5b41702b summer replied to the topic -ve geared property in the forum Help Needed! https://www.propertyinvesting.com/topic/4377031-ve-geared-property/#post-4495793 Wed, 17 Nov 2004 02:47:34 +0000 I was thinking that would be the best to do have been looking on the web to see what it around

]]> 43d653338a4dd06efa42cc4485df79bc summer replied to the topic The Taurest Dollar.. in the forum General Property https://www.propertyinvesting.com/topic/4376240-the-taurest-dollar/#post-4491339 Tue, 16 Nov 2004 13:35:01 +0000 From my backpacking days it was almost garunteed that the backpacker running the place would still money from the till and then move on. So owner ocupied would be better. Also backpackers theses days are really 5 star with pools and all the mod cons.

]]> 365a204b04997ea6d63c128f3009fc09 summer replied to the topic Renovating and CGT - Anyone know these answers? in the forum Help Needed! https://www.propertyinvesting.com/topic/4376897-renovating-and-cgt-anyone-know-these-answers/#post-4495029 Thu, 11 Nov 2004 05:38:14 +0000 To rent your property out for up to 6 years without CGT applying upon its sale you would have to not only have no other main residence but there would need to be a reason why you are renting out your main residence. For example you have moved from Melbourne to Sydney or overseas for for work reasons and cannot then live in your main residence.

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