https://www.propertyinvesting.com/members/the_maddog/activity/ Activity feed for the_maddog. Mon, 13 Apr 2026 18:15:05 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4243b6c2e6d310ac3a4cc982f7748c45 https://www.propertyinvesting.com/topic/4396940-check-my-figures/#post-4607599 Tue, 18 Aug 2009 03:01:21 +0000 Thanks for your replies.Yes the holding costs were a little low. Should be based on at least 90 day holdJaffasoft, all my figures were for worst case scenario. I.e. interest rate 1% higher than the current variable, Sale price $50K less than what others are going for, and the reno should only cost $10K, but I allowed $14K to be on the safe…[Read more]

]]> 5b38dceb1c8f721f0a90f1013a1d0902 https://www.propertyinvesting.com/topic/4396266-opinions-wanted-2/#post-4604189 Thu, 21 May 2009 02:46:57 +0000 Its not that far out. Only 3 hours from CBD.

]]> 48460e48e67762a401e6a1382e675d6e https://www.propertyinvesting.com/topic/4396266-opinions-wanted-2/#post-4604187 Thu, 21 May 2009 01:16:57 +0000 Good question Richard. I would assume so. Have there been cases where finance is not available in Country locations?My intention is to offer subject to finance and inspection, so if we cant secure finance then we are covered

]]> 4125a5e6b9727f2d825e367394bee93b https://www.propertyinvesting.com/topic/4396266-opinions-wanted-2/#post-4604185 Thu, 21 May 2009 01:09:43 +0000 No it doesn't, ha ha. I haven't actually said which state it is in.

]]> 31c74b2a24e39f8c59b2fc4bbd7741b0 https://www.propertyinvesting.com/topic/4396266-opinions-wanted-2/#post-4604183 Thu, 21 May 2009 00:54:21 +0000 Haven't pruchased as yet. It is a mid-sized town about 13,000 people with a train line to the CBD. Reasonable employment there too

]]> e837ce268b6e1b3bd30e746d27d11ea9 https://www.propertyinvesting.com/topic/4396266-opinions-wanted-2/#post-4604181 Thu, 21 May 2009 00:31:53 +0000 More details:$110,000 Purchase price$7,000 Purchase cost$120/week repayments$140/week rentIt in the country, and unfortunately we wont be able to get to see it prior to purchase. Will be relying on a Building Inspection to assess the current condition of the property

]]> c96f7040b477c21d4b1e6f1bfcb39865 https://www.propertyinvesting.com/topic/4389796-our-first-reno-project/page/12/#post-4568681 Tue, 25 Sep 2007 23:01:59 +0000 Purchase Price: mid $200k'sReno Cost: $25kTotal Cash in: $56,624.00Expected Profit: $15,726.00Project length: 4monthsThis was your original estimate. I am guessing the profit has increased with those sort of offers?Well done, the place looks great. With the renovations on the outside, it really gives the perception of additional living space.

]]> d6f0c9646a56507be41be0f3e423f476 https://www.propertyinvesting.com/topic/4390788-adelaide-bank-8-44-interest-rate/#post-4574127 Fri, 14 Sep 2007 03:36:13 +0000 I'm with adel bank on a variable loan. Havent been informed of anything as yet. They are usually very good with that type of thing.

]]> c62f1755d77c2042b1347fede4b904d2 https://www.propertyinvesting.com/topic/4390669-renovationscapital-gains-or-positive-cashflow/#post-4573341 Wed, 05 Sep 2007 21:49:57 +0000 HI Baby@investing,I heard something similar at a Martin Ayles Seminar. I think it comes down to how the taxation department interpret the earnings. For example, lets say you are renovating on or two properties per year on a part time basis, this would definitely be classified as capital gains as it is not you primary source of income. On the…[Read more]

]]> 993d2c95259cd996cd5970411dc05e83 https://www.propertyinvesting.com/topic/4390643-wealthscore-how-did-you-go/page/3/#post-4573133 Mon, 03 Sep 2007 00:56:30 +0000 Thanks for the feedback Steve. I wasn't too concerned with my score at -820, as it needs to be put in context of your goals and timeline. My goal 18 months ago was to be able to afford a family home without saving for a deposit. Using the FHOG and $10,000 loan my partner and I purchased a townhouse which we renovated and sold for $60K profit which…[Read more]

]]> 37b8f9ff87d9a48cfe851f769268c048 https://www.propertyinvesting.com/topic/4390642-wealthscore-youre-kidding/#post-4573087 Fri, 31 Aug 2007 05:42:11 +0000 I'll put in a bid for lowest score, -820. If I sell all my assests, pay out my debts and stop working then apparently I will survive until…well… today

]]> ad2d6e72b21442e37fa2ec42a950ab1f https://www.propertyinvesting.com/topic/4390643-wealthscore-how-did-you-go/#post-4573095 Fri, 31 Aug 2007 05:37:18 +0000 I'll put in a bid for lowest score, -820. If I sell all my assests, pay out my debts and stop working then apparently I will survive until…well… today

]]> 25cf306b72d47d8b4655b82052e628bf https://www.propertyinvesting.com/topic/4390254-booming-exports-against-recession/#post-4570957 Mon, 23 Jul 2007 00:25:38 +0000 While the resource industry is seeing a huge boom at the moment, that is largely due to China's enormous growth in recent years. If China slows down their growth, even by 5 or 10% then Australia will feel a huge impact. Throw on top of that, the USA has several trillion dollars worth of debt (from the War on Terror), so they are in a high risk…[Read more]

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