PropertyInvesting.com | T.P. | Activity https://www.propertyinvesting.com/members/t.p./activity/ Activity feed for T.P.. Sun, 12 Apr 2026 11:26:07 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 adce370a00eec55837706a08ff5ff82a T.P. replied to the topic Positive Cashflow Properties-Are there any around? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378016-positive-cashflow-properties-are-there-any-around/#post-4502280 Fri, 25 Feb 2005 14:34:21 +0000 Paul,
I am unsure if WA is a good place to start if you are in Brisbane. I am sure there would be an opportunity closer to home. Generally regional areas will provide deals worth looking at if you are after +`ve cashflow. Pick a couple of country towns (10,000 k pop + ) around Brissy and keep an eye on them.

Regards , Terry

]]> b0081bb32087b9fba75db370f273c798 T.P. replied to the topic Adelaide investor/renovator looking for ideas/JV in the forum Help Needed! https://www.propertyinvesting.com/topic/4373458-adelaide-investorrenovator-looking-for-ideasjv/#post-4471655 Wed, 05 May 2004 13:42:59 +0000 G`day Ace, I am in regional S.A. so cannot help with specific advice. However you mentioned the northern suburbs and yield which reminded me of a profile I read on an Adelaide investor in a book I have just completed. It is ‘Ordinary Millionaires” by J. Mcnight.Good book. Well worth the $30.

Regards Terry

]]> cf730b4105c6ff50eac68f5c797de532 T.P. replied to the topic Locating Deals - Any Advice Appreciated in the forum Help Needed! https://www.propertyinvesting.com/topic/4373452-locating-deals-any-advice-appreciated/#post-4471631 Wed, 05 May 2004 13:33:21 +0000 I have to agree with Redwing, a lot don`t make it to the website. Pick up the phone and establish a relationship with the agents in the areas you are looking at. If they know you have $ for a deal they will be ringing you when the cheapies hit the books.

Regards Terry

]]> 561ba26e29ec06315c5c2f7e19eca07d T.P. replied to the topic Wrapping interstate by SA investor??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4373357-wrapping-interstate-by-sa-investor/#post-4470927 Fri, 30 Apr 2004 14:18:45 +0000 Yes Mamakat I believe it is illegal to wrap in S.A. I looked into it briefly, don`t know the history of it, but lease options are the only thing close in S.A. I don`t pretend to know much about these either, may be worth some investigation.

Regards Terry

]]> 90b4345fe7cc2cd3be77756f740c9ece T.P. replied to the topic New to the game...help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4372976-new-to-the-game-help/#post-4468162 Mon, 19 Apr 2004 12:15:31 +0000 G`day Sarah, Unless you have parents/friends with cash to lend you, there is no way to avoid saving for a deposit.I agree with derek that writing down a budget and having a plan on paper is a good fist step.Also, having that savings history{ from saving the deposit} will be beneficial when you do finally go to the bank to get finance.
Most times…[Read more]

]]> 7ac717c92b0952964faaee73ee395dfd T.P. replied to the topic Property mathematics in the forum Help Needed! https://www.propertyinvesting.com/topic/4373012-property-mathematics/#post-4468329 Mon, 19 Apr 2004 11:35:37 +0000 Jan Somers book “More Wealth from residential property” has good chapters on financing. To learn how the bank calculates loan affordability is must have knowledge if you are serious about building a portfolio of multiple properties.

Regards Terry

]]> 1fa3a9e3b78be8e9161ae164ea7b9ce9 T.P. replied to the topic Reno advice needed... in the forum Help Needed! https://www.propertyinvesting.com/topic/4372765-reno-advice-needed/#post-4466805 Tue, 13 Apr 2004 12:42:11 +0000 G`day Scremin,I like to replace all old/sticking doors{or at the very least, the door handles}on the kitchen/bath/lounge/main bedroom as they are in the high traffic areas.Inexpensive to buy if you can hang/install them yourself.
As far as wet areas go, I recently used White Nite tile paint in my latest reno, with excellent results.A bit of prep.…[Read more]

]]> f1fdaf7963b6c19c75af53b6954287ed T.P. replied to the topic Do it Uppers in the forum General Property https://www.propertyinvesting.com/topic/4372812-do-it-uppers/#post-4467130 Tue, 13 Apr 2004 11:58:47 +0000 G`day Zena, If you havn`t already bought the place it is simple enough to borrow the reno $ when you finance the purchase, providing of course you have enough equity.In my situation I have used equity from other property and buying below market value to create room in the “loan to value” ratios to finance reno`s from the initial loan.{in the form…[Read more]

]]> 54a72bd022e58b6002923a7ef9bdd875 T.P. replied to the topic Newbie property investor here... in the forum General Property https://www.propertyinvesting.com/topic/4372267-newbie-property-investor-here/#post-4462829 Wed, 24 Mar 2004 14:59:07 +0000 G`day Dave, I am in Pt. Pirie,about 2 hr`s nth.Feel free to pm me if you want to research regional areas.

Regards , Terry

]]> aa79af6e58aa6e44f260ba72d094b862 T.P. replied to the topic Property Investing in the forum Finance https://www.propertyinvesting.com/topic/4371966-property-investing/#post-4460419 Tue, 16 Mar 2004 14:28:38 +0000 Originally posted by Kristie:
Hi Spi,

I too have just finished reading Steve’s book and have begun by checking out potential areas to buy property in. Today I went to my local bank where I have a home loan on my own home and they have more or less said “no way jose”. I’m quite annoyed as it makes me feel that they just don’t want the “average…[Read more]

]]> c1f8233bb14258bbb263b4bcf970e8c6 T.P. replied to the topic Master Mind Group Wanted!!!! = SA in the forum General Property https://www.propertyinvesting.com/topic/4371981-master-mind-group-wanted-sa/#post-4460527 Sun, 14 Mar 2004 15:22:16 +0000 G`day Dreamer, I am in country S.A.and have IP`s.I am not particularly interested in joint ventures as such, but am happy to correspond with like minded people.I am doing the reno, buy and hold thing. PM me if you wish.

Regards, Terry

]]> b9b0f53ecdcfd79582bad1a79014caff T.P. replied to the topic What to do ? in the forum General Property https://www.propertyinvesting.com/topic/4371983-what-to-do-8/#post-4460536 Sun, 14 Mar 2004 15:02:08 +0000 Pisces, who are these 2nd tier lenders?. Do they have a retail shopfront,or are they the realm of the brokers?

Regards, Terry

]]> 6e2db123b56304841594fcab4fe8fc13 T.P. replied to the topic +ve Properties OZ in the forum No Subject https://www.propertyinvesting.com/topic/4371950-ve-properties-oz/page/2/#post-4460238 Sun, 14 Mar 2004 14:20:04 +0000 Any times a good time if the numbers add up.
Just because it`s +`ve doesn`t mean there will be no capital gain,depends where you buy.Gets back to research,profits in the buying.

Regards Terry

]]> db4badea4c5b965421e91062fc7f0bf2 T.P. replied to the topic +ve Properties OZ in the forum General Property https://www.propertyinvesting.com/topic/4371950-ve-properties-oz/#post-4460226 Sat, 13 Mar 2004 15:57:40 +0000 G`day Marissa,
generally in the regional areas of your state.I live in country S.A.,and while they are rare in Adelaide they come up in my hometown regularly.Big country towns with stable populations.

Regards Terry

]]> 50bd73229062eda1853824a8cee81d97 T.P. replied to the topic Any suggestions/advice greatly appreciated!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4371975-any-suggestionsadvice-greatly-appreciated/#post-4460457 Sat, 13 Mar 2004 14:22:36 +0000 G`day Mustang,you have very healthy equity of over 200k in your home.The crux of the matter is affordability.When you go to your bank and say I want to invest in real estate they will look at your situation and say ok,what is your income, what are your expenses. They will take into account the new place will provide income{rent},but they will be…[Read more]

]]> 273cc54f69f751341912ccfd69233025 T.P. replied to the topic spotters wanted in the forum No Subject https://www.propertyinvesting.com/topic/4371679-spotters-wanted/page/3/#post-4457932 Fri, 05 Mar 2004 16:25:51 +0000 Don`t know where you are freedom, but I am in regional S.A. and IP`s are +`ve in these parts. I have 5 ip`s and growing, and can be pm`d if you were interested in this area.
I don`t know much about spotters fee`s, but would be happy to talk to like minded people if they want info on my part of the world.

Regards , Terry

]]> 39507480aa4b252479374b84d64cc1b9 T.P. replied to the topic Starting out in the forum General Property https://www.propertyinvesting.com/topic/4371534-starting-out-5/#post-4456896 Fri, 27 Feb 2004 17:01:06 +0000 G`day Elwood,if you are renting, buy your own home!
If you are buying your own home,get a valuation done and see what equity you have.Banks love real estate,and will lend against it.If you have equity in your house,speak to your bank manager about R.E. investment. He will be able to tell you if you can proceed.If you have little equity,put any…[Read more]

]]> 3a07f7e36c0a0e61ae869d86964b28a8 T.P. replied to the topic Getting Started in the forum General Property https://www.propertyinvesting.com/topic/4371551-getting-started-13/#post-4457009 Fri, 27 Feb 2004 16:30:57 +0000 G`day Mika,In response to your first q., there are always peaks and troughs in the R.E. cycle, but you have to be “in it, to win it”.You can wait for the “right” time for a decade,but the deal of the century comes along once a month if you are looking.Read the real estate pages, learn the numbers{ie;income-outgoings=+ve or -ve},put in low offers…[Read more]

]]> 6c822836f662541937445305c0485474 T.P. replied to the topic lotto ticket in the forum No Subject https://www.propertyinvesting.com/topic/4370678-lotto-ticket/page/2/#post-4450014 Wed, 11 Feb 2004 05:27:21 +0000 Quote:
Originally posted by happytrace:
Hi everyone,
Just a little question regarding what a few people have been saying about financial planners. Besides reading as much as you can and learning as much as you can, who can you go see to give you a bit of a hand with the hard financial stuff? Are accountants better than financial planners??
Sorry…[Read more]

]]> 4871df9c4c1d9885e7ed2d467b0c6897 T.P. replied to the topic Adelaide REIG Meeting Tues January 13th 2004 in the forum No Subject https://www.propertyinvesting.com/topic/4370064-adelaide-reig-meeting-tues-january-13th-2004/#post-4445059 Fri, 09 Jan 2004 15:15:41 +0000 Hello Summo,

I am a country investor (Port Pirie) and will be in Adelaide on Tuesday night. Can you also send me some details regarding this meeting.

Pryor@dodo.com.au

Thanks

T.P.

]]> 966f5a0520a0c272cd2b50342254d08a T.P. replied to the topic Adelaide Real Estate Investors Group Meeting in the forum No Subject https://www.propertyinvesting.com/topic/4369753-adelaide-real-estate-investors-group-meeting/#post-4442613 Thu, 11 Dec 2003 16:15:27 +0000 G`day Summo,
I am interested in meeting like minded people, but am in country S.A. and can`t make the 9th.
Can you contact me @ pryor@dodo.com.au to explain what you guys are doing, with a view to catching up in the future.
regards
Terry

]]> 5d7aabcda95925b260d5ad39f6e99aaa T.P. replied to the topic small town - risky business in the forum General Property https://www.propertyinvesting.com/topic/4369892-small-town-risky-business/#post-4443462 Thu, 11 Dec 2003 15:33:32 +0000 G`day Ricky,
I agree with Bear in that if you are not after capital gains in the short term then size is not important.70k @ 150 wk. sounds good,and if your friend is in the game and still in business then look further.I have ip`s in country S.A. and while my area would probably not appeal because of high youth unemployment, aging population, yada…[Read more]

]]> f7febbfb8405d752a0a3d3ff14529e4f T.P. replied to the topic Calling Adelaide investors in the forum No Subject https://www.propertyinvesting.com/topic/4369585-calling-adelaide-investors/#post-4440948 Thu, 27 Nov 2003 16:04:32 +0000 G`day Bowen, I too have been disapointed to discover that wraps can`t be done in S.A. However positive investment is possible in regional S.A. I have several I.P.`s in Pt. Pirie that are +`ve. Although the boom that is happening in Adelaide is here also, there are still properties that are selling for < 100k returning $120/$140 wk.
regards

Terry .

]]> 1518d8fa7a1da8e89140659d1df56a06 T.P. replied to the topic Realistic Occupancy SA Rural? in the forum No Subject https://www.propertyinvesting.com/topic/4369648-realistic-occupancy-sa-rural/#post-4441494 Thu, 27 Nov 2003 15:31:08 +0000 G`day Jimmy
you are talking about my hometown. I can`t give you a number {contact a R.A.} I have 5 properties, all +ve, and have not had any extended vacancies in the last 5 years. Are you in Adelaide? Would be prepared to show you around if you want to visit.
regards
Terry

]]> 8a4b15996d35b8e7b74ec10113cf6e5f T.P. replied to the topic Cross roads: I need directions please in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369615-cross-roads-i-need-directions-please/#post-4441157 Wed, 26 Nov 2003 14:32:05 +0000 Hi Sharon
Further to comsols point about business “systems”,a book by M Gerber, The E Myth, is relevent to this subject.I don`t run a business, but have read this book,very enlightening.My wife and I started by diligently paying off our first home as soon as possible and using equity to buy our first {cheap} rental.5 years {and 3 kids!!} later we…[Read more]

]]> cbee0934342d7c85dd5b5693918d42b3 T.P. replied to the topic How are the newbies going? in the forum General Property https://www.propertyinvesting.com/topic/4369498-how-are-the-newbies-going/#post-4440232 Thu, 20 Nov 2003 06:45:46 +0000 Hi, I am new to this site but have been investing for 5 years in my hometown in regional S.A. I have been reading and “doing” over this time, made a few mistakes along the way, which is not a bad thing. I now look at problems and challenges as opportunities to learn and not a crisis in the making.
To Tadine on your comment about negative comments…[Read more]

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