PropertyInvesting.com | tera | Activity https://www.propertyinvesting.com/members/tera/activity/ Activity feed for tera. Sun, 12 Apr 2026 10:14:03 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a8b3c5d50a0399bf8000fea8cd11939a tera replied to the topic Reno: Hold and rent, or sell ? in the forum Value Adding https://www.propertyinvesting.com/topic/4389354-reno-hold-and-rent-or-sell/#post-4566612 Sat, 05 May 2007 16:44:18 +0000 Hi all,I and my partner are on the business of renovating and re-selling. We agree with all that LA aussie says.We are lucky that we already have the leverage of two full paid properties (rented out, so also giving an income)The way we work is by saving as much money of the profits we make with each property sold, after taxes, etc., When we have…[Read more]

]]> 69b756e5a81462c493b34a6f5da52bf4 tera replied to the topic Unit Renovations in the forum Value Adding https://www.propertyinvesting.com/topic/4389389-unit-renovations/#post-4566783 Sat, 05 May 2007 16:08:06 +0000 Hi everybody,I always lay ceramic tiles/mosaics on the damaged, wear out kitchen bench tops of the units I renovate and re-sell. To me is the best solution ever. Easy to lay, shining, strong, durable, and cheap. Cheers,Tera

]]> 575acc3769c1923aeb5173324d175bfd tera replied to the topic Finance, accountant, solicitor questions in the forum Help Needed! https://www.propertyinvesting.com/topic/4389511-finance-accountant-solicitor-questions/#post-4567312 Sat, 05 May 2007 15:53:34 +0000 Hi boshy,You are lucky if you only owe $105.000 that means that you have an equity of $172.000 in your homeIf you don´t know it this, it  works like this: $320.000 – $105.000 = $215.000 x 80% = $172.000 which is the money most banks will lend you for a loc doc investment loan.Please read about loc docs to find out all relevant information. You do…[Read more]

]]> a9eb6dde03c8c04fa96c42536a6b156f tera replied to the topic PPR query in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4387527-ppr-query/#post-4557992 Sat, 05 May 2007 15:20:58 +0000 Hi marg,A little bit late, really sorry,  but thanks so much for the most useful enlightment.Cheers,Tera

]]> 14079f058ae238d796570a1a3cd2f845 tera replied to the topic Just Starting!! HELP in the forum Help Needed! https://www.propertyinvesting.com/topic/4389229-just-starting-help/#post-4565941 Wed, 11 Apr 2007 11:31:18 +0000 Damian,I think that you should start small. I will forget about starting by buying a house.  i will start buying a small unit or flat in a good area if possible. Save the  20% needed for a loc doc loan and start from there. You will have plenty time later to increase your savings and buy greater things. Don´t forget as well that you don´t need…[Read more]

]]> a7f08ec8129fcb6525f52a62add18dbe tera replied to the topic Need advice on kitchen reno in the forum Value Adding https://www.propertyinvesting.com/topic/4387652-need-advice-on-kitchen-reno/#post-4558593 Fri, 22 Dec 2006 15:49:08 +0000 Hi artytina68,

I and my partner are in the business or renovating and selling.

If the kitchen counters are really bad we always cover them with nice shine ceramic tiles. Not large ones, but the small kind of mosaics.

Even the tops, fill the gaps, sand them and lay the tiles. It is economic, practical and it looks terrific.

Go for contrast with…[Read more]

]]> 658a45df48f37d186db6248e130f9241 tera replied to the topic Buying my partner out- help please in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4387565-buying-my-partner-out-help-please/#post-4558186 Mon, 04 Dec 2006 16:23:00 +0000 Hi marg4109, terryw,

Thank you so much for having taken the trauble to give me so much useful advise.

There are a couple of things that I don´t fully understand, perhaps is because I may have not explained the situation fully or clearly.

First, I can takeover 100% of the mortgage (loan?), there is no problem there.

On the question of c…[Read more]

]]> 067b573de0a878d01b158031b8e6dffd tera replied to the topic PPR query in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4387527-ppr-query/#post-4557990 Sat, 02 Dec 2006 19:54:06 +0000 Hi all,

I am new here. Could you kindly let me know to what you refer to: PPR, PPOR and FHOG?

Thank you so much (I am new and learning)

Cheers,
Tera[blink]

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