PropertyInvesting.com | Bennytee | Activity https://www.propertyinvesting.com/members/ten_burner/activity/ Activity feed for Bennytee. Tue, 14 Apr 2026 21:21:44 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 3a898f9e3763cdb328570c959cfcb26b Bennytee changed their profile picture https://www.propertyinvesting.com/activity/p/385614/ Sun, 17 Nov 2019 18:02:02 +0000 d083d7c484c9195e0aa99b638f94616a Bennytee's profile was updated https://www.propertyinvesting.com/activity/p/385613/ Sun, 17 Nov 2019 10:54:37 +0000 c09e164800aeef18da040ad427e411a4 Bennytee changed their profile picture https://www.propertyinvesting.com/activity/p/385612/ Sun, 17 Nov 2019 10:53:22 +0000 e02f4f1d37ccd2cca8369f3bffb63748 ten_burner replied to the topic US property investing journey in the forum Overseas Deals https://www.propertyinvesting.com/topic/5060005-us-property-investing-journey/#post-5060036 Sun, 17 Nov 2019 10:49:04 +0000 Hi Matt, I started buying cashflow property in Kansas City in 2013 with a friend/business partner of mine, we ended up with several cheap properties, we did well partly due to the exchange rate over the last 6 years and growth of the US economy. We sold them all in the last 12 months. I’m not sure about your situation but happy for you to m…[Read more]

]]> a499925698188f1677fddd657102a00d Bennytee changed their profile picture https://www.propertyinvesting.com/activity/p/363769/ Tue, 29 Aug 2017 12:02:28 +0000 b58be65e5914d3c953f3421e54d80875 ten_burner replied to the topic Seismic Shift in Property Market Just took Place in the forum General Property https://www.propertyinvesting.com/topic/5034696-seismic-shift-in-property-market-just-took-place/#post-5034746 Tue, 25 Apr 2017 16:43:23 +0000 Like all Political Parties, Labor will talk tough (easy to do in opposition) and tell the people what they want to hear to get their votes. Once in Office its a different story, policies get watered down etc. From memory the Labor Party brings up abolishing negative gearing about every 12 months.

]]> 65d011b820ab0a065718f495f1e8602a Bennytee's profile was updated https://www.propertyinvesting.com/activity/p/358792/ Tue, 25 Apr 2017 16:29:16 +0000 2771d8d8f88f1b9c0e96af54197e5c08 Bennytee changed their profile picture https://www.propertyinvesting.com/activity/p/352912/ Fri, 02 Dec 2016 03:03:01 +0000 c38bcedac5ae41a8ee7db0bc1b6ac915 ten_burner replied to the topic Does investing in the US actually work? in the forum Overseas Deals https://www.propertyinvesting.com/topic/5018889-does-investing-in-the-us-actually-work/#post-5019293 Fri, 22 Jan 2016 09:28:42 +0000 Im still in KCMO with a business partner of mine, to be honest its worked out well for me, However I went over there a number of times to sort my own things out and met the right people. I have a good property manager who I have actually become good friends with in the last few years, so that has helped.

]]> 63d4d1fd1b51bcb769450a423822997b ten_burner replied to the topic U.S. Investing tools in the forum Overseas Deals https://www.propertyinvesting.com/topic/5014007-u-s-investing-tools/#post-5014871 Tue, 20 Oct 2015 20:36:03 +0000 I find this website quite accurate for quickly assessing the likely rent in the US for a particular property
Rentometer.com

]]> 55ed82e63c580de808d92d31f80eb782 ten_burner replied to the topic U.S. Investing tools in the forum Overseas Deals https://www.propertyinvesting.com/topic/5014007-u-s-investing-tools/#post-5014871 Tue, 20 Oct 2015 20:36:03 +0000 I find this website quite accurate for quickly assessing the likely rent in the US for a particular property

]]> a38fb9eddac2f5ba5a5ebae2505f24bc Bennytee's profile was updated https://www.propertyinvesting.com/activity/p/328403/ Tue, 20 Oct 2015 20:29:49 +0000 9548e686b47a2a4b5ce3849591b95116 Bennytee's profile was updated https://www.propertyinvesting.com/activity/p/320287/ Tue, 21 Jul 2015 07:30:16 +0000 2ed93eeece68da931dadf2b889fa6c14 Bennytee changed their profile picture https://www.propertyinvesting.com/activity/p/320285/ Tue, 21 Jul 2015 07:27:18 +0000 8679d43f92e374b28ab72d68b5330d7e Bennytee changed their profile picture https://www.propertyinvesting.com/activity/p/320284/ Tue, 21 Jul 2015 07:26:30 +0000 d93e2be760bce08386907a4b846e6c6e Bennytee changed their profile picture https://www.propertyinvesting.com/activity/p/320283/ Tue, 21 Jul 2015 07:25:36 +0000 9122f8fa676b9d466fe86a2339b05fb4 Bennytee changed their profile picture https://www.propertyinvesting.com/activity/p/320281/ Tue, 21 Jul 2015 07:23:35 +0000 e32a85f3177df7eb56b25d6e5ba5d42a ten_burner replied to the topic LNG is the future of car fuels in USA and most likely Australia too in the forum Opinionated! https://www.propertyinvesting.com/topic/4404683-lng-is-the-future-of-car-fuels-in-usa-and-most-likely-australia-too/#post-4992291 Fri, 27 Jun 2014 16:41:00 +0000 catinthehat, I agree with you, also I am skeptical of the Co2 benefits of everyone driving electric cars in a country like Australia, where 74% of our electricity comes from Coal power. The more electric cars on the road the more Coal we need to burn, go figure.

]]> fbcb98a4702629f2f53daa566feee547 ten_burner replied to the topic LNG is the future of car fuels in USA and most likely Australia too in the forum Opinionated! https://www.propertyinvesting.com/topic/4404683-lng-is-the-future-of-car-fuels-in-usa-and-most-likely-australia-too/#post-4992291 Fri, 27 Jun 2014 16:41:00 +0000 @catinthehat, I agree with you, also I am skeptical of the Co2 benefits of everyone driving electric cars in a country like Australia, where 74% of our electricity comes from Coal power. The more electric cars on the road the more Coal we need to burn, go figure.

]]> 015cfcc90457ae7f2a486089c9a9e2c1 Bennytee's profile was updated https://www.propertyinvesting.com/activity/p/294935/ Thu, 26 Jun 2014 09:11:11 +0000 11c4ea825c054f84f23eb35f2f877a4b ten_burner replied to the topic What Supplements Do You Use? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4991365-what-supplements-do-you-use/#post-4991419 Thu, 05 Jun 2014 01:36:44 +0000 Exercise, a balanced diet & drink plenty of water, that will do more than any supplement. The only supplement I recommend is scotch & dry with a cigar every now an then

]]> c4cb0eef20dd3c0a1a01632484437b7f ten_burner replied to the topic It's almost June (what have you achieved) in the forum Help Needed! https://www.propertyinvesting.com/topic/4991019-its-almost-june-what-have-you-achieved/#post-4991144 Thu, 29 May 2014 11:52:49 +0000 Well done guys, I got to the states last month, I just settled on a 3rd IP in Kansas City, I aim to pick up at least another 5 with my business partner before the year is out. I am aiming to buy another Sydney property to live in as My family expands in the next 3-4 months

Good luck guys

]]> e6616167b99110893f96de8eeb22ee77 ten_burner replied to the topic Should you have an exclusive agreement with an agent in the forum Help Needed! https://www.propertyinvesting.com/topic/4990599-should-you-have-an-exclusive-agreement-with-an-agent/#post-4990603 Fri, 16 May 2014 20:30:48 +0000 Any agent worth using will not work for you without an exclusive agency agreement. Most agents work commission only, they will not invest their time an effort in you & your property, while there is a risk another agent could sell it & get all the commission. Would you

]]> 527182472a16adb7282ddd441b2f7584 ten_burner replied to the topic Burnie Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4990586-burnie-property/#post-4990593 Fri, 16 May 2014 09:12:56 +0000 2006/2007 (I bought 3 IPs there) was the end of a property boom in tassy, due to economic reasons (the greens) unemployment has risen, the forestry industry was shut down which didn’t help (amongst other things) also I believe 70% of people in tassy get most of their income from the government (unemployed, pensioners, students, public servants…[Read more]

]]> 00df85c550c26dd546aada8b3cda2934 ten_burner replied to the topic The End Of Negative Gearing? in the forum General Property https://www.propertyinvesting.com/topic/4990348-the-end-of-negative-gearing/#post-4990463 Tue, 13 May 2014 10:47:18 +0000 I am playing devils advocate here, I believe Capital gains tax actually helps keep our property market stable during GFC like events, it stops investors panic selling their IPs & therefore flooding market.
I guess the pain associated in handing over vast sums of money in the form of Cap gains tax, encourages people to take a wait & see…[Read more]

]]> 12a9b91f9925b1a3b1d6715bb1535924 ten_burner replied to the topic The End Of Negative Gearing? in the forum General Property https://www.propertyinvesting.com/topic/4990348-the-end-of-negative-gearing/#post-4990462 Tue, 13 May 2014 10:39:53 +0000 Good point Nigel, Capital gains tax on property was brought in around the same time as negative gearing(circa 1985), perhaps to counter the lower revenue the government received as a result of allowing negative gearing.
If they get rid of one they should get rid of the other.

]]> e42c4360f61cec165ea3f80feba4d669 Bennytee's profile was updated https://www.propertyinvesting.com/activity/p/291133/ Mon, 12 May 2014 09:59:24 +0000 0fd6209e0107843f7e1981d9cad38cdd ten_burner replied to the topic How to get rid of my property manager? in the forum Help Needed! https://www.propertyinvesting.com/topic/4990153-how-to-get-rid-of-my-property-manager/#post-4990240 Wed, 07 May 2014 20:28:34 +0000 A PM agreement is a 2 page document deliberately written in Layman’s terms so its easy for the general public to understand, hardly cause for a lawyer($$$) & if you want to take it further, the cheaper (free) alternative is to contact the office of fair trading in your state, they deal with this type of things everyday, they are the main body in…[Read more]

]]> 20eda5bde773bfd439e354b52025a942 ten_burner replied to the topic How to get rid of my property manager? in the forum Help Needed! https://www.propertyinvesting.com/topic/4990153-how-to-get-rid-of-my-property-manager/#post-4990217 Wed, 07 May 2014 10:03:43 +0000 There is an ethical way and an unethical way to handle the situation. The original property management issues where not what I would call catastrophic or malicious, the ethical thing to do is give them the 30 days notice, then move on.

I double checked with a PM friend of mine she told me the agency is entitled to the management fees (as I…[Read more]

]]> 1cc26268dfda32c58fcfb1597497c62b ten_burner replied to the topic PLEASE Point Me In The Right Direction in the forum Help Needed! https://www.propertyinvesting.com/topic/4990179-please-point-me-in-the-right-direction/#post-4990216 Wed, 07 May 2014 09:27:38 +0000 I have been using Strategic wealth since 2008, no issues always on the ball

]]> e06b23aae1975dae9ffec0c89fffa598 ten_burner replied to the topic new layout in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4740057-new-layout-2/page/3/#post-4990162 Mon, 05 May 2014 12:54:26 +0000 Perhaps its time to start your own forum lol

]]> 37da16f44b8cac47424856d77313f681 ten_burner replied to the topic How to get rid of my property manager? in the forum Help Needed! https://www.propertyinvesting.com/topic/4990153-how-to-get-rid-of-my-property-manager/#post-4990161 Mon, 05 May 2014 12:34:20 +0000 I believe you will still have to pay their management fees for the notice period, even if you said you wanted everything handed over to you tomorrow. Remember, by signing the managing agreement you have agreed to the terms & conditions on that document.

]]> 36bc044199c54b2179aefa2fdfbf6fe5 ten_burner replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/page/2/#post-4990156 Mon, 05 May 2014 10:42:25 +0000 I believe most people except “hick town” as general slang for a small regional town.
I never said anything about country people not paying their rent on time nor would I.

I only spoke about fundamental issues with small towns that are commonplace (I except there is the odd exception like mining towns) like…
longer vacancies, minimal to no…[Read more]

]]> bf82b7a221d190e26a1ca0cbd8bff417 ten_burner replied to the topic How to get rid of my property manager? in the forum Help Needed! https://www.propertyinvesting.com/topic/4990153-how-to-get-rid-of-my-property-manager/#post-4990155 Mon, 05 May 2014 10:08:17 +0000 There should be a termination notice period in your property management agreement, email them and say that you are terminating the management agreement (so you both have a record), 30 days is a normal termination notice period, however it might depend on which state your property is in.

]]> 7e301e7b9d1aeb47b6d33e18e5966d9b ten_burner replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/page/2/#post-4990128 Sun, 04 May 2014 09:28:21 +0000 15% net return after all expenses(insurance, rates, taxes, management fees etc) in Kansas City, population 600,000. From what I saw there its actually better than I first thought.

]]> 1ca1a282a9ccb07776a7700095c81e1f ten_burner replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/#post-4990100 Sat, 03 May 2014 18:42:30 +0000 sorry about the edit, I am learning BBCodes

]]> dd1762ec4fa740028bf39e294a96ddbc ten_burner replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/#post-4990088 Sat, 03 May 2014 17:55:25 +0000 I suspect the credit crunch played a largest part post GFC, however I believe it is similar to reasons why people in Australia don’t own property, no deposit, wages are lower, more interested in lifestyle. However I try not to over analysis on a macro level, I have found places in the US where I can safely walk down the street an my property…[Read more]

]]> fdec4ad258da8238c3d2f41e3807330b ten_burner replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/#post-4990088 Sat, 03 May 2014 17:55:25 +0000 I suspect the credit crunch played a largest part post GFC, however I believe it is similar to reasons why people in Australia don’t own property, no deposit, wages are lower, more interested in lifestyle. However I try not to over analysis on a macro level, I have found places in the US where I can safely walk down the street an my property…[Read more]

]]> c31c754618389f08d8f77999f4dda5f4 ten_burner replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/#post-4990088 Sat, 03 May 2014 17:55:25 +0000 I suspect the credit crunch played a largest part post GFC, however I believe it is similar to reasons why people in Australia don’t own property, no deposit, wages are lower, more interested in lifestyle. However I try not to over analysis on a macro level, I have found places in the US where I can safely walk down the street an my property…[Read more]

]]> 8274694dee63ca1b980989af17bde5ec ten_burner replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/#post-4990028 Fri, 02 May 2014 10:07:00 +0000 Agreed the US is where its at for cash flow, its the stuff you dream about back here in Australia. I have not had a single issue with tenants, rent etc in the US.

]]> 789f3ff4729c37be92b4640316deb806 ten_burner replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/#post-4990027 Fri, 02 May 2014 10:00:33 +0000 Dirranbandi has population of 437 people, although it positive cash-flow, in my experience the rent and value will most likely be the same 5 years from now.

]]> d27cbc2e9442425ffb970ad51346159d ten_burner replied to the topic Positive Cash Flow Properties - Real world examples in the forum General Property https://www.propertyinvesting.com/topic/4989954-positive-cash-flow-properties-real-world-examples/#post-4990026 Fri, 02 May 2014 09:54:50 +0000 LMI can be very useful ally if you want to continue to build your portfolio.[/quote]

Agreed, on another note (not trying to be negative) I don’t think I would want to tie up 42K in most of the properties that have been listed, not sure you would get it back easily.

I know its tempting when you see good cash-flow especially in Australia,…[Read more]

]]> 0eb82a4dde063b8000eecc0179a2afd1 ten_burner replied to the topic Showing you mine - before rehab photos, Toledo Ohio in the forum Overseas Deals https://www.propertyinvesting.com/topic/4989777-showing-you-mine-before-rehab-photos-toledo-ohio/#post-4989793 Sat, 26 Apr 2014 09:29:35 +0000 Hi Engelo,
I was in Kansas city recently I wanted to catch up, but Sean & Dan said you moved to Toledo. I might see you on my next trip.
Good luck with your rehab

]]> 1a519f8a61c940320ec5e30192ae2060 ten_burner replied to the topic Positive Cash Flow Property Finder Tool in the forum General Property https://www.propertyinvesting.com/topic/4989764-positive-cash-flow-property-finder-tool/#post-4989792 Sat, 26 Apr 2014 09:22:11 +0000 http://www.realestateinvestar.com.au/ they have a similar system to yours, however I think there is room for competition, in my opinion realestateinvestar is over priced at $250 per month for a subscription

]]> 15cb0d1b439b96dc751937649136dc74 ten_burner replied to the topic new layout in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4740057-new-layout-2/page/2/#post-4969067 Fri, 18 Apr 2014 04:47:46 +0000 We got along fine without him before he came along, I am sure we will find away to carry on (with heavy hearts lol)

]]> 99806ecca920eac75d27c07bd9ced6d3 ten_burner replied to the topic NEW: US Property Focus Group (Free to Join) in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404316-new-us-property-focus-group-free-to-join/page/3/#post-4858701 Sat, 12 Apr 2014 02:30:34 +0000 Hi Guys,
I am flying out today to the US, Kansas City, MO to buy some IPs and add to the couple that my business partner and I have at the moment. Ill keep you posted on what happens, also I am meeting with a bank manager contact (landmark bank) who swears he can set up bank accounts for foreigners without being in the US. I can forward on his…[Read more]

]]> 5ddb0e5c66d6abfc6e0712c005a897a8 ten_burner replied to the topic new layout in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4740057-new-layout-2/#post-4805482 Fri, 11 Apr 2014 01:26:00 +0000 Thats a lil harsh, compared with what other forum? 1970s looking somersoft.com or the cluttered Australianpropertyforum.com I think it’s better than it’s competitors

]]> d4142a78882c3243170513574581aecf ten_burner replied to the topic new layout in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4740057-new-layout-2/#post-4745504 Thu, 10 Apr 2014 01:47:15 +0000 http://www.sitepoint.com/forums/misc.php?do=bbcode Trying to figure out bbcoding, predictive text a little annoying

]]> d40aa1aabaf3fee4ae34abb8e4cbeb6c ten_burner replied to the topic new layout in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4740057-new-layout-2/#post-4744826 Thu, 10 Apr 2014 01:27:29 +0000 I don’t mind the new look, good to mix it up a bit

]]> a4b680c5b7ca654f445a3f499ecdc9bd ten_burner replied to the topic Free Property Sales Appraisal in the forum The Treasure Chest https://www.propertyinvesting.com/topic/free-property-sales-appraisal/#post-4700401 Mon, 07 Apr 2014 09:34:53 +0000 Your user name should be "fast Eddie"

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