PropertyInvesting.com | Terry | Mentions https://www.propertyinvesting.com/members/terry/activity/mentions/ Activity feed mentioning Terry. Sun, 12 Apr 2026 00:22:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7122de9a4beba83eb344f42c11220ed1 chavesarlene replied to the topic Security Custodian company in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5037783-security-custodian-company/#post-5071929 Sun, 18 Apr 2021 01:58:47 +0000 Really interesting @Terry!

]]> ca35fb4dca5fe1ae7fc685e94740c19b zen replied to the topic The True Power of an Offset Account in the forum Finance https://www.propertyinvesting.com/topic/4410311-the-true-power-of-an-offset-account/#post-5029366 Sat, 03 Sep 2016 02:00:04 +0000 @Jamie, thanks for your article on IO loan for PPOR intention for my place to be an investment property in future. Good to know these tactics.

@Terry, thanks for your examples, great to know the insights before delving in at the deep end.

@Alistair, good article, learning heaps from you guys.

Cheers

zen

]]> 16f3920646ece962ff30514cbf686f58 BuyersAgent replied to the topic My steal of the week. $20,000 cairns unit which vendor paid $113,000 for rent $160pw. in the forum Help Needed! https://www.propertyinvesting.com/topic/4404763-my-steal-of-the-week-20000-cairns-unit-which-vendor-paid-113000-for-rent-160pw/#post-5018857 Fri, 08 Jan 2016 10:35:25 +0000 107/1-21 ANDERSON RD
(1 to 21 ANDERSON RD RD) *
WOREE L107 BUP100437:PAR CAIRNS
CASHFLOW KID PTY LTD AS TTE 30 m²
$20,000 26/08/2011

30sqm not something I would normally consider, basically a hotel room, a small one. But to be fair @terry the story was true. I get offered this kind of thing on 10% yields all the time usually just ignore, due…[Read more]

]]> 40a3cf094555c8e9ee3556bf07d2394a Terryw replied to the topic NSW stamp duty question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5008833-nsw-stamp-duty-question-2/#post-5008888 Thu, 18 Jun 2015 22:34:24 +0000 Its not the product it is the use. If the loan is being used to purchase property now then there is no duty. If the loan is being used to set up for some future property then there will be duty payable – but banks assess this and collect the duty and sometimes they miss it. If you are charged duty for a LOC you can later fill in a form and ask…[Read more]

]]> 42879264c8c537735eaa6141502b9087 DeanCollins replied to the topic NSW stamp duty question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5008833-nsw-stamp-duty-question-2/#post-5008881 Thu, 18 Jun 2015 18:29:50 +0000 @Terry, so the St George portfolio loan doesn’t attract stamp duty on mortgages for IP?

]]> 301fa78ebfe01647f5a1cf3869680633 DeanCollins replied to the topic discounts from banks for loans more than 1million in the forum Help Needed! https://www.propertyinvesting.com/topic/5005952-discounts-from-banks-for-loans-more-than-1million/#post-5006061 Tue, 14 Apr 2015 05:15:05 +0000 @Terry, as discussed previously….I prefer “fixed” so am curious who is ME Bank? and what sort of 3 and 5 year rates are they offering?

]]> 655af46accfb78ba670e553288872429 yuley7575 replied to the topic Nightmares! in the forum Help Needed! https://www.propertyinvesting.com/topic/4991561-nightmares/#post-4991610 Wed, 11 Jun 2014 03:22:14 +0000 @ Daniel
that sucks. I actually have thought of going throughout a buyers agent to look at the best deals and area that I can purchase in. Seem like there are bad seeds everywhere, hard to know who to trust.

@Terry
Never really thought that would happen, until it actually happens to you

@kinetic
Even have problems making a claim?? I know…[Read more]

]]> 1cb8732a4f5eef81cf108a53155610ae Terryw replied to the topic Gotta love banks ! in the forum Help Needed! https://www.propertyinvesting.com/topic/4410418-gotta-love-banks/#post-4697364 Tue, 17 Dec 2013 10:17:37 +0000 westnblue wrote:
@Terry

This was the reason to do cash out instead of cross collateralizing, both seem to have pitfalls. Although crossing properties is the worst option.

It was probably already crossed.

]]> d933ef32512a91c8975ab0b026b6032e westnblue replied to the topic Gotta love banks ! in the forum Help Needed! https://www.propertyinvesting.com/topic/4410418-gotta-love-banks/#post-4697362 Tue, 17 Dec 2013 10:10:53 +0000 @Terry

This was the reason to do cash out instead of cross collateralizing, both seem to have pitfalls. Although crossing properties is the worst option.

]]> 1fb92c4b84058a06be1728a87f278adf DHCP replied to the topic help needed today desperatly in the forum Help Needed! https://www.propertyinvesting.com/topic/4405500-help-needed-today-desperatly/#post-4661205 Sun, 01 Jan 2012 01:12:33 +0000 @richard, i'm more referring to the valuation of the property by the Bank…typically, lenders will lend you 80-90 percent of their valuation of the property, in their own mind, that's how much the value of the propety….but of course, the market will might have a higher value…….you know from your prefession, Banks are conservative in…[Read more]

]]> d491df62727b8de998cb9ae520120d9d Ash88 replied to the topic 250k CASH !!!! WHAT TO DO WITH IT ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404544-250k-cash-what-to-do-with-it/#post-4654564 Tue, 30 Aug 2011 04:20:09 +0000 HI people… thanks for all your replies… you all have been awesome…  Could someone please let me know why woud a IO loan be better than P+I as I woudl ike to hold the property for as long as possible.. @Terry , I really want to do what you say in relation to free up as much cash I can for my PPOR.. However My Mum is Adamant on getting a…[Read more]

]]> 3e10216289e0268597f57527ce3284ba Ash88 replied to the topic $ 250 K available !!! What shoudld I DO with it ? in the forum HI guys thanks for still https://www.propertyinvesting.com/topic/4404545-250-k-available-what-shoudld-i-do-with-it/#post-4654585 Tue, 30 Aug 2011 04:13:11 +0000 HI guys thanks for still looking after me… @hbbehrendorff , I would really want to buy a 2bdr unit  not far from cbd… I am currently getting one like 15k from the city  for 200k… which I think is a good deal ,  what do you guys think ,as if I do go ahead with buying it , how much loan and how much deposit should I put… ? Also I dont kno…[Read more]

]]> d3af876b993b6e0e501bdf74c27fde0b Henry Adams replied to the topic jdl strategies in the forum General Property https://www.propertyinvesting.com/topic/4402555-jdl-strategies-2/page/2/#post-4640347 Thu, 25 Aug 2011 00:08:41 +0000 @Terry and Derek: from my printed out report, it seems that the 79k comes out from my existing mortgage account (with redraw facility) as it has good equity in my account so I’ll leave the remaining $7-6k in my old mortgage account to service the new loan, so I assume no interest is earned from this $79k as it will go straight into the new loan…[Read more]

]]> 2811d65b2a728ba1099cb9e6d215f265 Terryw replied to the topic Moving to a new PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4402658-moving-to-a-new-ppor/#post-4640951 Thu, 03 Feb 2011 12:53:21 +0000 JacM wrote:
@Dan: yep I could remain in my current residence for another year or two, but keen to move at or before the two year mark.@Terry: indeed.  I have done those sums and the sums say sell   I hate that.  I like the rule of never sell.  Such a waste of stamp duty, legals and selling fees!  I was kind of hopeful someone would spring up wi…[Read more]

]]> 70417fbc377e45f1c14c46826fafd182 JacM replied to the topic Moving to a new PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4402658-moving-to-a-new-ppor/#post-4640950 Thu, 03 Feb 2011 12:40:07 +0000 @Dan: yep I could remain in my current residence for another year or two, but keen to move at or before the two year mark.@Terry: indeed.  I have done those sums and the sums say sell   I hate that.  I like the rule of never sell.  Such a waste of stamp duty, legals and selling fees!  I was kind of hopeful someone would spring up with some innov…[Read more]

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