https://www.propertyinvesting.com/members/tc62/activity/ Activity feed for TC62. Wed, 15 Apr 2026 06:05:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 521cde0717e96bbf82ed79b08172d284 https://www.propertyinvesting.com/topic/4403977-fundamentals-for-beginners/#post-4650097 Sun, 19 Jun 2011 01:37:12 +0000 Great info as always Anthony! Thanks!

]]> cad1b07555242913160e6b307b420db1 https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/6/#post-4645141 Sat, 28 May 2011 07:54:20 +0000 Well said emptyvessel. It does seem that all the negative thinking bears want to do is stand on their corner soapbox and become pompous, pious, pontificating 'I know everything' preaching buffoons because most simply are jealous they haven't the balls to do it themselves. Cutting down tall poppies will always be the preferred route of the weak…[Read more]

]]> dbe29a8c9259d1ddd8845f355bea006b https://www.propertyinvesting.com/topic/4403509-abc-financial-group-a-better-choice-2/#post-4646963 Sat, 30 Apr 2011 11:05:14 +0000 G'day KateI worked for Premium Finance Services as an In Home Consultant for 14 months up to the end of Oct last year. The simple answer is this: we were trained to talk about the "Knowledge is Power" we'll give you a "Financial Health Check", do the Retirement Planning, and so on. You would have filled in a signed Assets & Liabilities sheet, a…[Read more]

]]> 4ebd440532470da19e4cdd165a0125e7 https://www.propertyinvesting.com/topic/4403349-investing-without-fear/#post-4645866 Mon, 25 Apr 2011 07:22:44 +0000 Learn how, then learn about the risks, then learn how to manage the risks, then invest with confidence. Great read!

]]> d21817ce0e1dae4342268de5fbf6d3e1 https://www.propertyinvesting.com/topic/4403390-optimism-in-property-investment-remains/#post-4646141 Sun, 24 Apr 2011 11:56:25 +0000 Exactly what this forum needs sometimes – a bit of optimism!Great read ALF1

]]> 13fad7e6d1bf39b7a26db5fafdb2cbea https://www.propertyinvesting.com/topic/4403312-14-simple-rules-of-property-investing/#post-4645652 Sun, 24 Apr 2011 11:53:10 +0000 I like it! Broken down in 14 simple steps. You don't have to agree exactly with all the rules but you can't argue with the logic behind the fundamentals!

]]> 103e7e1c7a351ddcad21c152718e411e https://www.propertyinvesting.com/topic/4403441-baby-boomers-x-y-gen-kids/#post-4646560 Sun, 24 Apr 2011 10:03:51 +0000 KNOWLEDGE FOLKS, KNOWLEDGE! That is why we come to forums like these.

]]> 7ac6d4e246861cee4527b05f78edb875 https://www.propertyinvesting.com/topic/4403432-housing-prices-will-not-burst-why-not/#post-4646423 Sun, 24 Apr 2011 10:02:32 +0000 We export primary products more so than secondary. Certain countries like the USA may have a downturn in the Car Industry (Secondary) but there will always be other countries that will still manufacture cars and need our steel and iron (Primary).

]]> 50d1bdec259ab2dc4d299bba253736f2 https://www.propertyinvesting.com/topic/4403432-housing-prices-will-not-burst-why-not/#post-4646421 Sat, 23 Apr 2011 13:52:32 +0000 WOW! Great read ALF1

]]> c8efdcdb85075dcbd6d0b5fb83fd764a https://www.propertyinvesting.com/topic/4403429-times-are-different-educate-then-just-do-it/#post-4646401 Sat, 23 Apr 2011 13:50:00 +0000 RICH DAD, POOR DAD Correct Knowledge is the KEY and the DIFFERENCE between the two.

]]> 338d9b5e40ff50f8da3c79a37a10d4f2 https://www.propertyinvesting.com/topic/4400394-luke-gilford/#post-4627164 Mon, 18 Apr 2011 04:18:03 +0000 Gee Property Investor1, if I didn't know any better i'd think you were PennyBaker's brother. Again, pretty over-the-top with 'glowing praises' considering this is your first post. Like Penny, most people will read your post with a grain of salt.

]]> 2be7f72fe19e59d0d80fa9bc58226298 https://www.propertyinvesting.com/topic/4402623-brisbane-free-property-investment-workshop/#post-4640733 Tue, 08 Mar 2011 12:22:04 +0000 Hi JPR.It sounds all too familiar – a typical "wealth creation" company that disguises some minor good works through the finance re-structuring but their sole goal is to flog you one of their investment properties. Perhaps if you have a look at this link and look at the very last page with my comments, you might be…[Read more]

]]> 03a99c62c8efc5ef78c71765bd417341 https://www.propertyinvesting.com/topic/4403001-fully-grasping-us-taxation/#post-4643410 Tue, 08 Mar 2011 12:16:45 +0000 G'day Stuart.I know a little about investing in the US of A and know that there is presently NO double dipping on the tax obligations. You either pay the 30% taxation in the US or you pay it in Australia – NOT both! It may help to have a look at a collegue of mine's website at http://www.investuspropertygroup.com.au you may get your answers…[Read more]

]]> be7b3c675887b13ed634e4806fabc462 https://www.propertyinvesting.com/topic/4402998-does-your-geyser-need-a-blanket-to-keep-warm/#post-4643400 Tue, 08 Mar 2011 08:06:25 +0000 What the ? I thought guyser's were found in parks like Yellowstone CHEERS!TC

]]> 326f3de31fa29bc992b4aa31bad382ca https://www.propertyinvesting.com/topic/4402623-brisbane-free-property-investment-workshop/#post-4640731 Tue, 08 Mar 2011 06:02:26 +0000 I'm with Jamie and Catalyst.This forum is not about coming in and flogging your wears. We all like to make money and some of the people who contribute regularly to this forum are professionals who give their knowledge and advice freely without the need to blow their own trumpet. Give before you ask to receive and you might find people will swamp…[Read more]

]]> 64dff785e122cb65f9beef3c0ff09b14 https://www.propertyinvesting.com/topic/4402996-help-with-understanding-depreciation-value/#post-4643398 Tue, 08 Mar 2011 04:11:08 +0000 Many thanks Terry. You're absolutely right however, in my humble defence, it was late, I was tired and know that if a mistake is made there will be someone in the forum to rectify! That someone, this time, was you and it is appreciated – particularly for those wanting to learn and needing accuracy!CHEERS!TC

]]> 8876213a4fce79b6d8ae3b2920c70a77 https://www.propertyinvesting.com/topic/4402996-help-with-understanding-depreciation-value/#post-4643396 Mon, 07 Mar 2011 14:04:08 +0000 Inflation is not factored in with depreciation as there are very strict guidelines to be followed in making a 10 year depreciation schedule by a Quantity Surveyor. Have a look at BMT's website at http://www.bmtqs.com.au or call on 1300 728 726 for the cost of a local call from anywhere in the country. When in doubt, ask the experts!CHEERS!TC

]]> c09d32378e1dd0c72433ec99bae47c72 https://www.propertyinvesting.com/topic/4384513-premium-finance-whats-your-opinion-on-this-one/page/3/#post-4542609 Mon, 07 Mar 2011 13:47:43 +0000 G'day Iamsooty.I worked for Premium Finance Services as an In Home Consultant for 14 months up to the end of Oct last year. The simple answer is this: we were trained to talk about the "Knowledge is Power" we'll give you a "Financial Health Check", do the Retirement Planning, and so on. You would have filled in a signed Assets & Liabilities sheet,…[Read more]

]]> 52a3af11f5c517798ecebce6ae17e2bd https://www.propertyinvesting.com/topic/4402991-is-it-feasible-to-build-a-duplex-on-a-property-with-an-existing-dwelling/#post-4643365 Mon, 07 Mar 2011 13:22:52 +0000 A lot depends on access to your existing property – is it a corner allotment because if not, you would probably be looking at a hammerhead with your existing 20m frontage. Next, it would depend on the Lands Title  Office as to your titles classification for the land and any provision for further subdivision by the LTO. Your next hurdle will be…[Read more]

]]> f748dc9e27d32a500fa3873745b1b940 https://www.propertyinvesting.com/topic/4402996-help-with-understanding-depreciation-value/#post-4643393 Mon, 07 Mar 2011 13:11:59 +0000 Hi JPR.OK, settle down young grasshopper.CGT works on the govt taking 50% of your profits for the financial year you sell the property in and then add this gain onto your earnings for that year. This then gives you a total earnings for that year which is then taxed at the marginal tax rate the total earnings falls into. SO, what does all that mean…[Read more]

]]> f150afb9023cff9ba548988f4ba58d03 https://www.propertyinvesting.com/topic/4402993-tax-deductible-2/#post-4643380 Mon, 07 Mar 2011 12:47:10 +0000 The long answer is Yes you can! It would be deemed as capital improvements to the property in the form of a fixture and you would propably even be able to depreciate it as well. A quick call to a Quantity Surveyor such as BMT Tax Depreciation in any one of their national offices will give you the answer real fast!CHEERS!TC

]]> 6d0aac6df3fa9a9a41edca1ae4cdead0 https://www.propertyinvesting.com/topic/4402989-becoming-an-rea-training-for-investment-purposes/#post-4643358 Mon, 07 Mar 2011 12:42:42 +0000 G'day Sparkys.At $4000 and 6 weeks for a Cert IV in Property (Real Estate) sounds like you want to do it in SA. I have completed the Cert IV for the knowledge and can tell you categorically that the ONLY true way to learn the tricks and ropes of a REA is to be one. I did for a few months, listed and sold a few houses, and I learnt more in 1 week…[Read more]

]]> 850a3891987a2172f098a4e14e0a5514 https://www.propertyinvesting.com/topic/4402987-caveat-question/#post-4643347 Mon, 07 Mar 2011 07:41:07 +0000 G'day Oeb!Alright, some curve balls but here goes.Firstly, if the money is not in dispute as far as being given to you then the now ex Mother-in-law is within her rights to place the caveat on the title.Secondly, a caveat can only be removed by lands title office by either the complainent and/or a court order.Thirdly, you can sell a property with…[Read more]

]]> 20bb52eebd23347a405567f8c5025f65 https://www.propertyinvesting.com/topic/4402988-investing-in-whyalla/#post-4643354 Mon, 07 Mar 2011 07:16:00 +0000 Hi Nonnie.You are not the first to ask about Whyalla and it leads me, like every other time, to ask,"Why Whyalla?"I work regularly up the golden triangle of Whyalla, Port Augusta and Port Pirie. About 5 years ago the locals in Whyalla were saying' "the last one to leave please turn out the lights!" Alot has changed in this time but Whyalla as a…[Read more]

]]> b921f6b9d1f6818da35f96387b8088a6 https://www.propertyinvesting.com/topic/4402933-who-to-see-re-bad-investment-prop-decision/#post-4643013 Sun, 06 Mar 2011 13:24:23 +0000 Here is his personal email: anthony@legalandfinance.com.auCHEERS!TC

]]> 9f86f01da0c953a9535f7571f5f4a07f https://www.propertyinvesting.com/topic/4402933-who-to-see-re-bad-investment-prop-decision/#post-4643011 Sun, 06 Mar 2011 12:19:26 +0000 Hi again Akuma.Tort breaches is the Civil equivilant of a Crime. In other words, let's take the Tort of Negligence: whereby a crime as defined under the Criminal Code has not taken place but, rather, a Civil crime or tort, whereby due to ther negligence (or in your case Fraud) someone has been harmed and has lost health, money, future, etc. In…[Read more]

]]> adeba4a139ce0ace3f6f62c3906c1d94 https://www.propertyinvesting.com/topic/4402981-owner-finance-suggestions/#post-4643289 Sun, 06 Mar 2011 11:34:04 +0000 Hi BardonYou can apply an Lease/Option to Buy contract into place for just about any residentail property.Over simplifying the process, the Vendor or a Buying Agent finds a Purchaser who agrees to buy the property at an agreed price in todays money at a date further down the track, i.e. H&L worth $500K. The Vendor agrees to sell to the purchaser…[Read more]

]]> 29218af0b804c2f97e6e67c829f8afdb https://www.propertyinvesting.com/topic/4402933-who-to-see-re-bad-investment-prop-decision/#post-4643009 Sun, 06 Mar 2011 11:11:03 +0000 Hi Akuma.I am a lawyer and would suggest, based on the information you have provided, that you must speak to a lawyer. Your situation sounds complicated but with the courts and ASIC already involved I am under the impression that the company in question dealt fraudulantly with you? Under the Corporations Act 2007 and the Criminal Code (Cth), no…[Read more]

]]> b3be4ed080e7dd20efc19cdc9fb0d23d https://www.propertyinvesting.com/topic/4402983-shonky-tradesman/#post-4643304 Sun, 06 Mar 2011 10:59:01 +0000 Hi YobboOK, do NOT pay this rabbit!I am a lawyer and I suggest you pay a visit to the ACCC Australian Competition and Consumer Commission. The ACCC is the federal government's watchdog and the ACCC police and enforce compliance with the Trade Practices Act 1974. As per your description of above you were 'diddled'. No one who is licensed or…[Read more]

]]> ce53e4adbb1ae0b083a0c43625fb1b71 https://www.propertyinvesting.com/topic/4402979-maximum-gearing-and-moving-equity/#post-4643275 Sun, 06 Mar 2011 02:17:46 +0000 I don't understand alot of the lay public who don't understand the enormous benefits of utilising the advice and help of professionals – particularly when they're free of cost and obligation. Look at Mortgage Brokers for instance: must be licensed, have the required educational qualification and stick to strict codes of conduct. They're FREE…[Read more]

]]> aeac9b4aa9f3ee0cefec7b35a9591b7d https://www.propertyinvesting.com/topic/4402978-aussie-houses-are-worlds-most-overpriced/#post-4643249 Sun, 06 Mar 2011 01:57:06 +0000 I like how you think Derek.CHEERS!TC

]]> 6a43ecc9a8375dae788d69e49f719844 https://www.propertyinvesting.com/topic/4402946-thailand-holiday-whoopee-or-not/#post-4643055 Sat, 05 Mar 2011 10:16:03 +0000 Just sounds like all the same <moderator: delete language> you get from all those east coast wealth creation companies like ABC, Premium Finance Services, Ironfish, Optima Equity Solutions that fly you interstate to flog you one of their investment properties. BTDT, not interested!CHEERS!TC

]]> c2dc41b24c1b613e7dd7a0cd387400be https://www.propertyinvesting.com/topic/4402975-national-rental-affordability-scheme-nras-2/#post-4643220 Sat, 05 Mar 2011 10:10:40 +0000 G'day Lamp.NRAS is magic!It's a government scheme that provides an investor with a financial incentive of more than $91000 over 10 years TAX FREE!. Often, NRAS makes it possible to turn brand new properties into cash flow positive properties, including all the running costs associated with the property whilst receiving $35 – 45000 of tax benefits…[Read more]

]]> 0c2f5e2a04a81a04a05bbd59f2fde68b https://www.propertyinvesting.com/topic/4402962-principal-interest-vs-interest-only-offset/#post-4643147 Sat, 05 Mar 2011 01:06:08 +0000 G'day Judd.Yeah Interest only and offset accounts rule for IP. Terryw has given you sound advice so get rid of your existing P & I loan on the IP and make better use of your money!CHEERS!TC

]]> b60797f558e00e8f1c75688090060595 https://www.propertyinvesting.com/topic/4402974-adding-value-first-home-buyer/#post-4643215 Sat, 05 Mar 2011 00:55:16 +0000 Hi Daniel. Yes the plan sounds fairly solid but don't know your level of purchasing power ie borrowing capacity. Anyway, I live in Adelaide's southern burbs and lived over 20 years in the northern burbs. Now, are you looking for cheap or inexpensive? If it's cheap, checkout Davoren Park – ex SA Housing Trust semi-detached (duplex) house and land…[Read more]

]]> c74b2403afbcd80387cbb3925e9f1340 https://www.propertyinvesting.com/topic/4401089-introduce-yourself/#post-4631142 Sat, 05 Mar 2011 00:18:21 +0000 G'day to All!My name is TC and I live in beautiful south Adelaide on the beach. I'm a lawyer and heavily into property investing. At my age (nearly 50!) it's good to come to forums like this to impart my accumulated knowledge for the benefit of others. Ask, if I have answers and can help, ye shall receive!It is truly a great feeling helping others…[Read more]

]]> be054e70a4a51f276bc6bca6cca7606f https://www.propertyinvesting.com/topic/4402971-guarontor-problems/#post-4643195 Fri, 04 Mar 2011 15:05:19 +0000 G'day Judd!Have you ever heard of a family pledge?: Most people haven't so here goes!A family pledge is where, for an example, a young single or couple are trying to buy a first or subsequent property but either lack equity in an existing property or simply don't have enough of a deposit. Here comes the magic of a Family Pledge. In the above…[Read more]

]]> 8f6dd55cfc9c6e3b8d1e5290e76c877c https://www.propertyinvesting.com/topic/4402970-tax-help-please-2/#post-4643194 Fri, 04 Mar 2011 06:54:11 +0000 G'day MrMonopoly.Q1. A. YES!Q2. A. YES!Q3. A. NO, but i'm sure someone else will help you with that!PS: Have yourself a great time in the UK.CHEERS!TC

]]> d882d96a8ed047d06c5bf68b267b11a4 https://www.propertyinvesting.com/topic/4402969-tenancy-schedule-and-lease-alteration/#post-4643192 Fri, 04 Mar 2011 06:12:45 +0000 The long answer is YES!CHEERS!TC

]]> 535b69c659b0be8d36c03c15926ff473 https://www.propertyinvesting.com/topic/4402932-invest-in-ppor-improvements-or-ip/#post-4642989 Fri, 04 Mar 2011 06:08:52 +0000 WOAH there intrigue!TAKE 2 SIPS, 6 DEEP BREATHS AND HOLD ON cause I may have a solution other than diazepam!<moderastor: delete advertising> stop being like the proverbial dog chasing its tail and try to get some advice from the professionals – advice that's specific to you!I hope you haven't had a meltdown and you find some rock solid,…[Read more]

]]> 9d0b2133bf61137d9768d8387544ab63 https://www.propertyinvesting.com/topic/4402932-invest-in-ppor-improvements-or-ip/#post-4642987 Fri, 04 Mar 2011 05:33:12 +0000 Hi intrigue.I have arrived! You are not alone young padowon!OK, minimal info but here goes. A lot of your decision should be reliant on your existing tax burden. Have you heard of tax variation (old name from ATO is a 221d)? If not, check out tax variation on the ATO website. Putting it simply, you have ZERO tax deductions on your PPOR however,…[Read more]

]]> 5e12f5b7b004d14f64dc309d799a9bc3 https://www.propertyinvesting.com/topic/4402964-1st-ip-2/#post-4643177 Fri, 04 Mar 2011 05:20:42 +0000 Hi Kemjay.I live in SA and do business in our "Golden Triangle' of Whyalla, Port Augusta and Port Pirie. Whyalla is interesting. 5 -6 years ago the locals were saying, "whoever is the last to leave please turn off the lights". That was then, this is now!SA is riding again on our own resource boom; maybe not to the extant of WA but a boom non the…[Read more]

]]> 5d6e57f261e5f3822ad054d4c902c5c6 https://www.propertyinvesting.com/topic/4402967-what-can-we-do-with-lots-of-equity-but-little-cash-flow/#post-4643186 Fri, 04 Mar 2011 04:30:29 +0000 Hi Tegs.I guess the first thing we need to understand are you and your parents motivation for developing and duplex's? It is for growth – short or long term? Is it for tax reduction/minimisation?I would need to ask a lot of questions before I could answer your questions with some degree of accuracy Tegs. My suggestion is you and your parents need…[Read more]

]]> bfef40d162e8d5fa0372844d16bdf3aa https://www.propertyinvesting.com/topic/4401079-buyers-agent-in-adelaide-area/#post-4631098 Fri, 04 Mar 2011 03:13:38 +0000 Hi Fergus.A company we have used in Adelaide as a buyer's agent is Australian Legal & Finance. They're fairly new but very good. Take a look at their website at http://www.legalandfinance.com.au and see what you think!Cheers!TC

]]>