PropertyInvesting.com | sunshine | Activity https://www.propertyinvesting.com/members/sunshine/activity/ Activity feed for sunshine. Mon, 13 Apr 2026 06:35:51 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 839183e280a94ed32dc37ab8d4f0ddd2 sunshine replied to the topic student accomodation in the forum Help Needed! https://www.propertyinvesting.com/topic/4375140-student-accomodation-2/#post-4483962 Fri, 30 Jul 2004 16:06:49 +0000 I do it slightly different as I am close to the uni and single…but it may be food for thought for someone. I have homestay students that come and stay with me for a month or so, paying $170 per week for board. When they are ready I funnel them into my investment property if there is a room available, for a cheaper rate of $120 per romm/week. no…[Read more]

]]> a1ec06324d71e1b9ca8f2ae279d55264 sunshine replied to the topic Peter Spann in the forum Heads Up! https://www.propertyinvesting.com/topic/4375206-peter-spann/#post-4484507 Fri, 30 Jul 2004 15:24:11 +0000 I belong to a shares investment group where almost every member except me belongs to the sapphire level of Peter Spann – not me as I baulk at paying $4000 to have strategies drawn up, but I was fortunate to attend his seminar on the 10th on the coattails of another which cost me $98. A true bargain. While he did go into shares a lot, there was…[Read more]

]]> 52a211f0ab9b5353153ea10d82427d26 sunshine replied to the topic private health insurance in the forum No Subject https://www.propertyinvesting.com/topic/4373227-private-health-insurance/#post-4469986 Tue, 27 Apr 2004 04:15:14 +0000 Be aware that any complications in private cover could cost you dearly. A ceasarian and a distressed baby for us meant a gap of over $4000. This would have been nothing if we had been public. Also be aware that even a panadol in a private hospital would be costed out, add that to antibiotics, dressings, cannulas etc etc and the cost can be huge…[Read more]

]]> 664c514bc59487c72da8f7a47da39bec sunshine replied to the topic Take the time; Find thirty in the forum Opinionated! https://www.propertyinvesting.com/topic/4372510-take-the-time-find-thirty/#post-4464958 Fri, 02 Apr 2004 10:04:42 +0000 Im not a smoker [cigar] Thank goodness but have been struggling wiuth severe upper backpain due to an injury TEN YEARS AGO, unable to sleep all night, unable to bear being on my back, enduring radiotherapy every 18 months, not too mention the incredibale amount of painkillers…

So three months ago I decided this was it. If medical science…[Read more]

]]> 87cc6bcb9a463034e2170746c632f56b sunshine replied to the topic Posting for the sake of it in the forum Opinionated! https://www.propertyinvesting.com/topic/4372364-posting-for-the-sake-of-it/#post-4463856 Sat, 27 Mar 2004 02:44:41 +0000 Oh pleeeeeeeease!!!
There is enough bad vibes in life without this. Does it really take that long! A few seconds really to scan through. I enjoy the posts as it gives a sense of personality behind the names, and I am sure no one looks remotely like anything I had imagined. But it’s all good.

Please, get a sense of patience and a life, Have a…[Read more]

]]> 8ad7ba3ac98bcae8b3ab9df512ae1bd3 sunshine replied to the topic Are valuers being asked to undervalue by banks? in the forum General Property https://www.propertyinvesting.com/topic/4372129-are-valuers-being-asked-to-undervalue-by-banks/#post-4461637 Fri, 19 Mar 2004 23:22:23 +0000 The valuation of the property is not compared to houses that are on the market right now but on those that have sold recently. A valuation should list three comparative sales in the same street, or at least the area and why these are comparable.

The bank once valued a property of mine and I expected 20% below market valuation. But the property…[Read more]

]]> 706cac35752065516ed0a6564a6d9600 sunshine replied to the topic rental in the forum No Subject https://www.propertyinvesting.com/topic/4371847-rental/#post-4459214 Tue, 16 Mar 2004 22:39:51 +0000 Everdine, I think you need to see the positives. If you had bought the place untenanted you may have had a vacancy period anyway. You may have had only a six month lease, and then another possible vacancy.
Hopefully these are good tenants (you checked that one?) you may not be so lucky next time. They may be willing to sign a higher rent in Jan…[Read more]

]]> 337540be6dce53a51c97ec1af0e34bbb sunshine replied to the topic Build or Buy an established house?? in the forum General Property https://www.propertyinvesting.com/topic/4372075-build-or-buy-an-established-house/#post-4461132 Tue, 16 Mar 2004 22:27:41 +0000 Hi Simon,

Could you please explain ‘holding til registration’ I havnt heard of that. Thanks
sunshine

]]> 251996d9038acc2ff8c5b00d1a3662c4 sunshine replied to the topic Purchasing shares in a company in the forum General Property https://www.propertyinvesting.com/topic/4372059-purchasing-shares-in-a-company/#post-4461015 Tue, 16 Mar 2004 07:52:18 +0000 Make sure you run a search through sites such as FIDO who have just posted a list (I think of 25) property companies that are being investigated. Can never do too much checking. sunshine

]]> 6d0c299dc024c282a6ea4ff08b753f50 sunshine replied to the topic Questions for Steve after reading book in the forum General Property https://www.propertyinvesting.com/topic/4372039-questions-for-steve-after-reading-book/#post-4460916 Mon, 15 Mar 2004 21:25:20 +0000 I agree with Kay Henry on this one. It pays to be realistic about repairs no matter what the cost of the house.
If it has a roof, it may need repointing
If it has walls, it may need re-painting.
A hot water cylinder will cost the same no matter the cost of the house.
Termites do not discrimnate between price brackets!
Often repairs come in the…[Read more]

]]> dda564015b2bdbe3b7dd33899f987385 sunshine replied to the topic search facility in the forum No Subject https://www.propertyinvesting.com/topic/4371148-search-facility/#post-4453745 Wed, 18 Feb 2004 15:46:57 +0000 I cant seem to make the search work. It keeps bringing me back to the all forums page.
I can bring up replies to my query but everything I do brings me back to the forum list???

Any ideas??? Thanks[?]

]]> 923ce4e3fff999d5d72d668a35aede91 sunshine replied to the topic evil in the forum No Subject https://www.propertyinvesting.com/topic/4371127-evil/#post-4453654 Tue, 10 Feb 2004 21:39:54 +0000 …wars, jealousy, greed, discontent…sounds like everything that comes under the banner of religion to me…
…but then, to some, the love of money IS a religion…

…that means that…religion is the root of all evil…

]]> 985089eca499dbf49f9603e6d5d0b9e6 sunshine replied to the topic Unconfirmed Rumor in the forum General Property https://www.propertyinvesting.com/topic/4371026-unconfirmed-rumor/#post-4452995 Thu, 05 Feb 2004 12:29:18 +0000 The old disney rumour has been around for at least three years now and it was disputed an age ago for the fact stated somewhere above, that australia does not have the head count, local or otherwise to sustain something like disney…

But circumstances have led us to disney paris a few times and give me dreamworld anyday. Yeah, it did struggle…[Read more]

]]> 33b3852a76164530193f8ceb21aa962b sunshine replied to the topic Byron Bay in the forum No Subject https://www.propertyinvesting.com/topic/4370980-byron-bay/#post-4452637 Tue, 03 Feb 2004 07:52:53 +0000 Bubbles – It is an hour 10 mins to Byron from the Gold Coast. Brisbane is another 45 mins from there. Better value elsewhere as above.

]]> b54c032a46a0d92b840d2e57444c0cfc sunshine replied to the topic Hope Island (Gold Coast) in the forum General Property https://www.propertyinvesting.com/topic/4370773-hope-island-gold-coast/#post-4450847 Sat, 31 Jan 2004 22:59:06 +0000 Sure,
I consider ‘unsellable’ to me is a place that would be very difficult to onsell. The apartments I looked at in that price range were either very small, one was over a shop, one was next to a (up for sale) wine bar. I would also look into wether Hope Island really has a market for one bedroom apartments. I think it always boils down to due…[Read more]

]]> e53ac7c9d4ba0afa7001c2f35136f7f8 sunshine replied to the topic Hope Island (Gold Coast) in the forum General Property https://www.propertyinvesting.com/topic/4370773-hope-island-gold-coast/#post-4450845 Fri, 30 Jan 2004 05:11:41 +0000 Hmmm….Hope Island. I don’t believe there is much left in it for the current market but of course history does show…etc etc. You know the story. Two years ago one street back from the water brother bought a fishing cottage for $130,000 – land value only. Sold 12 months ago for $220,000. Other brother has just bought in same street for $440,000.…[Read more]

]]> bc29c0e29c1c7cc2a4b899eb7afdb4e8 sunshine replied to the topic Today Tonight (Monday) in the forum Heads Up! https://www.propertyinvesting.com/topic/4370602-today-tonight-monday/#post-4449351 Mon, 19 Jan 2004 11:54:55 +0000 I watch TT as the preteen loves home and away and we seem always to be doing the dishes at 6.30. Makes for good discussion/laughs[:D]…but the show reaches a target audience of mums and dads who may not be savvy investors so it is interesting to note how media manipulation can be portrayed.

…but arty, am interested to know why you think there…[Read more]

]]> fec9d5c6d667496c1cd83cc13219ae34 sunshine replied to the topic Please clarify PPOR point in the forum General Property https://www.propertyinvesting.com/topic/4370033-please-clarify-ppor-point/#post-4444773 Tue, 16 Dec 2003 23:06:58 +0000 Thanks Redwing. I understand that CGT is applied for the time it is rented. I have been looking at various other posts which cover PPOR and then decided I should redefine my question…

Is there a minumum time frame you have to live in a property for it to be your PPOR?

i.e.

could I live in it for only 1 month and then sell it?

Thanks.

]]> a7f00c3c431eaf1cd8c25ea03fbf7072 sunshine replied to the topic VALUE ++ in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369847-value/#post-4443226 Sun, 07 Dec 2003 00:10:25 +0000 Thats a good sunday morning chuckle![:0)]

]]> 584e4359d5ea77491c3dff6402ccc099 sunshine replied to the topic reno advice sought in the forum General Property https://www.propertyinvesting.com/topic/4369854-reno-advice-sought/#post-4443269 Sat, 06 Dec 2003 23:55:57 +0000 Hi Richmond,

It looks just fine but lacking a bit of ‘warmth’. I agree with the rugs, especially under that coffee table – a nice flokati (white) will soften all that timber look. one or two squashy cushions, maybe a throw draped over the edge of a sofa and a few books as thefirstbruce said. If it is a holdiay home you want to give it a ‘relaxed’…[Read more]

]]> 555deb5bde8c624602d1d6666253841b sunshine replied to the topic Seemingly Careless Real-Estate Agents in the forum No Subject https://www.propertyinvesting.com/topic/4369827-seemingly-careless-real-estate-agents/#post-4443127 Thu, 04 Dec 2003 22:55:50 +0000 Hi hwd007,

Do you live in/by the same area? If so, go in and see somebody face to face. If the agent is ‘out’, ask to speak to the manager or most senior person. Have you seen the actual lease agreement? Are you sure the lease has been signed and the condition report done? You should by now have a copy of both. Ask to check your tenants…[Read more]

]]> 7520af5ebe1e2d7ada5a29a4606c8ab0 sunshine replied to the topic Sorry to be irrelevant... in the forum Opinionated! https://www.propertyinvesting.com/topic/4369691-sorry-to-be-irrelevant/#post-4441874 Sun, 30 Nov 2003 00:34:51 +0000 Hi.

You dont mention if you have asked the college themselves as they should be aware of any student loan services such as PELS. Failing that ring one of the unis and ask them, or go in and collect their information on student loans – so you know what is available and see if you are eligible for the particular course your daughter wishes to do.…[Read more]

]]> b9c46440915aa4e5ec231397d922dd0e sunshine replied to the topic termites in the forum General Property https://www.propertyinvesting.com/topic/4369676-termites-2/#post-4441685 Fri, 28 Nov 2003 22:06:51 +0000 Hi uncivilised (interesting moniker!)

I bought my property with termites in the tree, PPOR, subject to them finding the nest and treating it, however the nest as Westan says can be 100s metres away. The area I live in is high risk for termites and have had many friends with major problems, all which seemingly get fixed. It has made me less…[Read more]

]]> 8e5a3bd4cb76005b123f5933d1866212 sunshine replied to the topic Sky News - Housing Bust in the forum General Property https://www.propertyinvesting.com/topic/sky-news-housing-bust/#post-4441353 Thu, 27 Nov 2003 22:40:07 +0000 Thanks everyone,
My original intention in buying the property was to hopefully make around $60,000 which would knock the last bit off my home mortgage. It is at that point now, and as I have a ‘capital gains tax loss’ to offset the 50% tax there shouldnt be much if at all to pay out. The area however has just been fully revamped by council to the…[Read more]

]]> b729f66cd4870ae2e9acefc6d7e4dd43 sunshine replied to the topic Sky News - Housing Bust in the forum General Property https://www.propertyinvesting.com/topic/sky-news-housing-bust/#post-4441346 Thu, 27 Nov 2003 11:49:34 +0000 Excellent posts Westan, and thankyou. I was interested to hear different thoughts on the subject as I find media manipulation of the market quite fascinating. I have taken your replies on board but would like to know your opinion on one thing. Does your buy and hold strategy also relate to negative geared property (bought well before I ever picked…[Read more]

]]> f47bb262a2e6497818809f129f5a2140 sunshine replied to the topic Here is an 11 sec prop. in the forum General Property https://www.propertyinvesting.com/topic/4369621-here-is-an-11-sec-prop/#post-4441222 Thu, 27 Nov 2003 04:48:16 +0000 Hi. also the whole town seems to be for sale, in which case…who would rent your property?[:I]

]]> 409b501d7b80c2dda972d11b46568cd2 sunshine replied to the topic Kids - How much do they cost? in the forum No Subject https://www.propertyinvesting.com/topic/4369528-kids-how-much-do-they-cost/#post-4440532 Sat, 22 Nov 2003 11:22:11 +0000 Hi…I know I am repeating myself yet again but the optimum time for kids (for women) is early twenties and you guys cant do it without us. However in my line of work I come across couples with fertility problems every day and the percentages are rising fast – nearly all these couples are in their thirties so as I have said before, what good is…[Read more]

]]> fcbe13016e19832f9b8fdf9955c7a5d2 sunshine replied to the topic Requesting tenants with your new property in the forum General Property https://www.propertyinvesting.com/topic/4369492-requesting-tenants-with-your-new-property/#post-4440198 Wed, 19 Nov 2003 21:41:49 +0000 Hi NkZadar,

I don’t quite understand your question but as soon as our property went unconditional I listed it with the real estate agent, they put it on the net and a couple put down a holding deposit on it of one weeks rent so that they could rent it as soon as possible, and in actual fact they picked up the keys literally 5 minutes after…[Read more]

]]> 177b89bfda27bf4a35c15fe28dbee1da sunshine replied to the topic Reselling to family in the forum General Property https://www.propertyinvesting.com/topic/4369455-reselling-to-family/#post-4439912 Tue, 18 Nov 2003 21:57:29 +0000 Hi. Also check carefully about ‘gifting’ the extra on top of the purchase price. I bought a property off my father – at market price – and we received a letter from the tax department asking us to prove that the property had been sold at the genuine price and that if not, we would be liable to pay tax. Cant remember all the details now as the…[Read more]

]]> f536d9a373ff80e04083b14735df9632 sunshine replied to the topic Holiday Homes in the forum General Property https://www.propertyinvesting.com/topic/4369437-holiday-homes/#post-4439752 Sun, 16 Nov 2003 21:34:31 +0000 Hi Purple Kiss,

I dont actually know the answer but ask him to back up his statements. Who takes the bookings for the holiday rental and ask to see the books.
Ask if there is any paperwork relating to previous bookings.

If christmas is a peak season are there bookings for now, what was last year like, what is the down season, what plan do they…[Read more]

]]> d94d212cc1596739b7d72541711e7c8d sunshine replied to the topic Painting problem in the forum General Property https://www.propertyinvesting.com/topic/4369374-painting-problem/#post-4439327 Fri, 14 Nov 2003 12:23:41 +0000 Thankyou thankyou Derynaka,

That sounds as if it could be the problem. i didnt realise the tape was even there until it bubbles up in the bathroom after painting. It makes sense what you are saying.

I did have ask at bunnings and at bristol but mostly they are quite young guys who don’t have a depth of experience at the small problems. They said…[Read more]

]]> f65ac8da51d7a6de75274824c28466cb sunshine replied to the topic housemart.net.au in the forum General Property https://www.propertyinvesting.com/topic/4369370-housemart-net-au/#post-4439304 Wed, 12 Nov 2003 21:45:31 +0000 Hi.

http://www.australiarealty.com.au

]]> 16b22986dd4b1736b18b95a880f88419 sunshine replied to the topic Suitable properties, where are they? in the forum General Property https://www.propertyinvesting.com/topic/4369357-suitable-properties-where-are-they/#post-4439206 Wed, 12 Nov 2003 21:43:56 +0000 Hi. Exactly my point in my previous post (somewhere). Has the rental population increased by 50%? Who is going to rent all these properties? I would be quite hesitant to enter the market on these regional towns for that fact alone…

and no, I dont consider this a negative approach but part of that due diligence. Just hope some of us wont get…[Read more]

]]> f6eb3e9998eee176149b331f571fe83b sunshine replied to the topic capital gains tax in the forum General Property https://www.propertyinvesting.com/topic/4369361-capital-gains-tax-8/#post-4439243 Wed, 12 Nov 2003 21:36:58 +0000 Hi. Cant seem to find it right now, but I thought I had read that the 12 months for CGT was taken from the day of exchange of contracts, not settlement. Is this correct??? It makes quite a difference if you have a long settlement if this is the case.

Sunshine[:I]

ooops, just found it in the tax guide. “Under CGT provisions, if you buy a property,…[Read more]

]]> 943269fd3173934a9098a4e4994a9662 sunshine replied to the topic 11 second solution?? in the forum General Property https://www.propertyinvesting.com/topic/4369119-11-second-solution-4/#post-4437198 Wed, 12 Nov 2003 21:19:00 +0000 Hi. When looking on the net, make sure you check the ‘sold’ site as well. It was interesting to see relatively cheap properties at Mount Murgon, then I checked the ‘sold’ properties and nearly the whole town must have sold! I would so love to know if all thses properties have been bought by investors because they are cheap, and if so, who is going…[Read more]

]]> 3ee1471bdcc7c7edb6ff8b863bf003c4 sunshine replied to the topic renting in the forum General Property https://www.propertyinvesting.com/topic/4369322-renting/#post-4438906 Mon, 10 Nov 2003 21:46:14 +0000 Hi Alf,

You are right about the six year period, but that is only if you elect to keep the property as your main residence. You can move out for up to six years and the property will maintain its CGT exempt status. You can then move back in, establish residency, and then move back out to extend for another six years.

Sunshine

]]> 916e7a9a5e2ae00f10085eecf47f3fde sunshine replied to the topic Money for Time in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369108-money-for-time/#post-4437136 Sun, 09 Nov 2003 22:32:17 +0000 Hi C2,

You missed my point re age of parents. Im not referring to the age gap and parenting styles but in view of planning family and investments it is important to look at the fact that putting children off to late thirties,early forties which is common now, you may miss the boat alltogether.

IVF (now very commonplace) costs a small fortune,…[Read more]

]]> ef1c7b3f4d24f7faa816b0f31031c774 sunshine replied to the topic Secrets to getting Top Price in selling Your Home! in the forum General Property https://www.propertyinvesting.com/topic/4369290-secrets-to-getting-top-price-in-selling-your-home/#post-4438511 Sun, 09 Nov 2003 06:17:48 +0000 Hi Bill,

Thanks for the lesson. Think I will make up a file called ‘the bill file’![:)]

]]> 3fbd4739b62ec5ec1b108ea0da75da6b sunshine replied to the topic Capital Gains Tax? in the forum General Property https://www.propertyinvesting.com/topic/4369288-capital-gains-tax-7/#post-4438499 Sat, 08 Nov 2003 21:54:22 +0000 Hi Bec and Luke,
There is a good little guide called ‘Taxation pocket guide for Australian investors’ by Jimmy Prince which retails for around $19.99. You can find everything on the ATO site of course but I found this book great for a quick reference, clear and easy and full of tips.

Capital gains will be liable at 100% of gain on property held…[Read more]

]]> fa8af919eeb6bb749452b914adf3dc46 sunshine replied to the topic Money for Time in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369108-money-for-time/#post-4437128 Fri, 07 Nov 2003 22:45:16 +0000 Hi. I was surprised by Hueys reply. 15 years is waaaay too long.
The numbers of infertile couples has increased markedly in the last decade (this is my field of work) and one of the reasons for this is that we are having our kids way after the peak fertility time for women – which is early twenties.
It is possible to do both with having the right…[Read more]

]]> 8d9c1c1822d895438a4c7215308635e9 sunshine replied to the topic [moved] PROPERTY DEVELOPMENT INFO - WHAT TO DO??? in the forum Value Adding https://www.propertyinvesting.com/topic/4369139-moved-property-development-info-what-to-do/#post-4437331 Fri, 07 Nov 2003 08:07:39 +0000 Hi Snowgum
Wouldnt you be wary getting into something with no experience in a town that was ‘supposed to boom’? I would be questioning to who’s advantage is this vision. Good way to push sales up, any hidden agenda’s. Who really owns the land.

Also, make sure the town has something else to offer and does not hinge solely on the (one?) mining…[Read more]

]]> 04086663ddcd1a2cd0124d604370977b sunshine replied to the topic Anyone for NZ IP's? in the forum General Property https://www.propertyinvesting.com/topic/4369062-anyone-for-nz-ips/#post-4436842 Thu, 06 Nov 2003 02:41:04 +0000 Hi. Have only just read your post but have been trying to find out about getting loans for NZ for a while now. My accountant tells me that I would pay tax in NZ and have the tax credited to my taxes here. That buying property is not a problem if I have an NZ passport. I have got a long expired one somewhere so will try to resurrect that, but am…[Read more]

]]> 447fff9d7b521b9d7b525dfad7fee47a sunshine replied to the topic Do I invest in property on the Gold Coast? in the forum No Subject https://www.propertyinvesting.com/topic/4369023-do-i-invest-in-property-on-the-gold-coast/#post-4436410 Tue, 04 Nov 2003 21:59:03 +0000 Too true Bill. And here I sit on this early Gold Coast morning, the weather sure is beautiful…but…currently it is almost impossible to find a house under $300,000, with possibly Nerang being the only suburb at 220 – 300,000 for end market homes. They have been building apartments at an alarming rate here, especially along the broadwater from…[Read more]

]]> 7079695c1189862e892e1a3fcbebeb06 sunshine replied to the topic ITS GONE DOWNHILL! in the forum Opinionated! https://www.propertyinvesting.com/topic/4368954-its-gone-downhill/#post-4435805 Wed, 29 Oct 2003 22:17:49 +0000 As a newbie I would just like to say that some ‘oldtimers’ posts read as moody and menopausal, some are informative and some are gold mines of information. The mix is all part of the package and you take what you want from each.

There have been a couple of requests for a newbie column and I can see the merit tho obviously the only people who…[Read more]

]]> 758e22da641ccdcbcd254c4194c11b3e sunshine replied to the topic People and Information in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369120-people-and-information/#post-4437199 Wed, 29 Oct 2003 22:04:20 +0000 Hi[:I] Good idea. I would like to see a column for newbies – with a bit of a key for the phrases as well. LOL, IPPO etc etc

…with maybe a quick word about ethics and integrity!

cheers.

]]> 2f4af966c078cb8f5f42e358289e277c sunshine replied to the topic Renovation for starters in the forum No Subject https://www.propertyinvesting.com/topic/4369028-renovation-for-starters/#post-4436544 Wed, 29 Oct 2003 21:57:56 +0000 Hi. having read the example I think I assume that the couple have bought this place as their principle place of residence so therefore no capital gains tax, no stamp duty so the profit would be as stated.

However you have an excellent point as more often than not, all those lovely good looking couples on the tele who make wonderful ‘profits’ fail…[Read more]

]]> 01888ea1233af60b53e6de7f3aca13b1 sunshine replied to the topic Investing trans tasman in the forum Hotch Potch https://www.propertyinvesting.com/topic/4368903-investing-trans-tasman/#post-4435053 Fri, 24 Oct 2003 03:59:05 +0000 Thanks muppet, I did check it out – good site and helpful as a starting off point for research. Am now familier with associated persons and assessments etc which would seem to apply in this case.

Just need to see if I am up taking the leap off the fence. Worst case scenario would be that I would have to move there and live in a caravan!Still…[Read more]

]]> 8a9ace40ebf1e68389079188dca7e329 sunshine replied to the topic Are bank valuations really market value? in the forum General Property https://www.propertyinvesting.com/topic/4368871-are-bank-valuations-really-market-value/#post-4434833 Tue, 21 Oct 2003 21:06:58 +0000 Hi Nat 21
I had my rural property valued by the bank for refinancing. Sat in their office and the loan officer told me she had the valuation. I expected 20% less than my own market research of the area knowing banks are on the conservative side. But this was 40% below. She then had to leave the room and turned all my paperwork face down, on her…[Read more]

]]> 8361ad73bc437729341f983fb9cd7030 sunshine replied to the topic Security in the forum General Property https://www.propertyinvesting.com/topic/4368899-security/#post-4435022 Mon, 20 Oct 2003 19:43:28 +0000 Hi. Not night owls like you but an early riser! I have two properties right near the uni on the gold coast. One has 4 bedrooms at $80/week each with just a lock on each door, TV connection in each room and the house is secure.

The other home I live in. I have a granny flat downstairs rented at $150/week at the moment and I also have a homestay…[Read more]

]]> c9f96139f92f7b6af04e264be5f26c8c sunshine replied to the topic Favourite Floor Coverings in the forum General Property https://www.propertyinvesting.com/topic/4368858-favourite-floor-coverings/#post-4434643 Sat, 18 Oct 2003 22:44:53 +0000 definately timber/floating/laminate timber or tiles. Tiles in the bedroom, scatter rugs or not can still be a bit cold looking, not to mention walking on.
In my first investment property – now long gone, we had to replace the carpet constantly, tried vinyl etc and even had a tenant who used the carpet as a permanent ironing board. Also babies and…[Read more]

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