PropertyInvesting.com | TheNewGuy | Activity https://www.propertyinvesting.com/members/thenewguy/activity/ Activity feed for TheNewGuy. Sat, 11 Apr 2026 16:38:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 16369e0ead7a6dd62013afbf3fb3fc68 TheNewGuy replied to the topic Buying a house already STCA in the forum Help Needed! https://www.propertyinvesting.com/topic/5028988-buying-a-house-already-stca/#post-5029021 Sun, 21 Aug 2016 11:35:02 +0000 Ask the agent. That’s what they are paid for.

]]> 3f3a4f6b965855f7381c5273fbaaa73f TheNewGuy replied to the topic Ballarat in the forum Help Needed! https://www.propertyinvesting.com/topic/5028738-ballarat-4/#post-5028834 Sun, 14 Aug 2016 07:45:09 +0000 I bought in Ballarat 2 years ago. Happy with the purchase then but not sure if I’d go there now if I didn’t already own a house (I wouldn’t buy 2). Probably a few individual properties but would be harder to find. Rental market seems a bit flat too.

So while it’s different for everyone I’d lean towards no, I wouldn’t buy there at the moment. If…[Read more]

]]> 61103334111f894ad84786d67c85cb3c TheNewGuy replied to the topic Investing in first IP & Interest rate rise in the forum Help Needed! https://www.propertyinvesting.com/topic/5028429-investing-in-first-ip-interest-rate-rise/#post-5028431 Wed, 20 Jul 2016 05:44:09 +0000 I fix my loans. Pro and cons with doing that. I just fixed mine for 4.3% for 3 years interest only.

You can’t raise rent if the tenant is under a lease (as far as I’m aware) unless it’s stated in it, even if they are not on a fixed lease you can only go to market rent. At least in the ACT.

]]> 74a5e465a1e64639a67f362abf793b94 TheNewGuy replied to the topic Investing in first IP & Interest rate rise in the forum Help Needed! https://www.propertyinvesting.com/topic/5028429-investing-in-first-ip-interest-rate-rise/#post-5028431 Wed, 20 Jul 2016 05:44:09 +0000 I fix my loans. Pro and cons with doing that. I just fixed mine for 4.3% for 3 years interest only.

]]> 9704e559bc764f43796b2dbdce606955 TheNewGuy replied to the topic Investing in first IP & Interest rate rise in the forum Help Needed! https://www.propertyinvesting.com/topic/5028429-investing-in-first-ip-interest-rate-rise/#post-5028431 Wed, 20 Jul 2016 05:44:09 +0000 I fix my loans. Pro and cons with doing that. I just fixed mine for 4.1% for 3 years interest only.

]]> a79e31022eecaeda785adad72b8b4cc3 TheNewGuy replied to the topic Help on buying my first property and strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/5027487-help-on-buying-my-first-property-and-strategy/#post-5027549 Mon, 13 Jun 2016 21:02:30 +0000 You can redraw from investments so you’ll be ok there. But from a tax perspective you’ll have all your ppor as non deductible debt – not necessarily a bad thing in the overall strategy though.

Unemployment is high and the towns a bit small for my liking. Is it close to other towns so people might commute from your place? Sydney is probably a bit…[Read more]

]]> afd01a27bf0c456390c3176af853bb83 TheNewGuy replied to the topic Help on buying my first property and strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/5027487-help-on-buying-my-first-property-and-strategy/#post-5027526 Sun, 12 Jun 2016 01:45:25 +0000 Renting and investing elsewhere is a perfectly fine strategy, but immediately I thought of the following option – and since I don’t know your age, where you live (maybe Sydney?), whether you want to get married / kids etc, local house prices, whether you could get the FHOG etc… it might not be the right one. Also, as my name suggests, I am only…[Read more]

]]> 9b03e2ebd4c859fc030e0c1d0bd367ad TheNewGuy replied to the topic Method to introduce cash flow into properties or neutralise my current position in the forum Help Needed! https://www.propertyinvesting.com/topic/5027089-method-to-introduce-cash-flow-into-properties-or-neutralise-my-current-position/#post-5027494 Fri, 10 Jun 2016 22:17:09 +0000 There is no point holding a negatively geared property that has little to no chance of making a return on the short term. While it might hurt to think you’re losing money by selling it’ll hurt more by holding it longer.

Why is the rent so low? Especially property B? $270/week for a $500K house is an absolute steal. Are the tenants on a lease…[Read more]

]]> a557b260626504c5e6d4e9d5383f97fa TheNewGuy replied to the topic Help on buying my first property and strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/5027487-help-on-buying-my-first-property-and-strategy/#post-5027492 Fri, 10 Jun 2016 22:07:17 +0000 I’m just curious about where you live, do you rent? Do you want to buy?. If you plan on buying a house to live in in the short term it might change your plan.

For me total return also includes capital gain, so 1% in a regional area with no growth isn’t anywhere near as good as a neutral property with 7% capital growth. This is especially true…[Read more]

]]> feef78941f27e449768086a1f2fb3683 TheNewGuy replied to the topic Help on buying my first property and strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/5027487-help-on-buying-my-first-property-and-strategy/#post-5027492 Fri, 10 Jun 2016 22:07:17 +0000 I’m just curious about where you live, do you rent? Do you want to buy?. If you plan on buying a house to live in in the short term it might change your plan.

For me total return also includes capital gain, so 1% in a regional area with no growth isn’t anywhere near as good as a neutral property wroth 7% capital growth. This is especially…[Read more]

]]> f4c427f88ff299b6a0a691173c8ef57f TheNewGuy replied to the topic Help on buying my first property and strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/5027487-help-on-buying-my-first-property-and-strategy/#post-5027492 Fri, 10 Jun 2016 22:07:17 +0000 I’m just curious about where you live, do you rent? Do you want to buy?. If you plan on buying a house to live in in the short term it might change your plan.

For me total also includes capital gain, so 1% in a regional area with no growth isn’t anywhere near as good as a neutral property wroth 7% capital growth. This is especially true if I…[Read more]

]]> 276dc420d9e1347397a7fcbc14e5f22b TheNewGuy replied to the topic Frustrating - Steve and Nathan's success not appliable to current market? in the forum Help Needed! https://www.propertyinvesting.com/topic/5027368-frustrating-steve-and-nathans-success-not-appliable-to-current-market/#post-5027375 Tue, 07 Jun 2016 08:35:13 +0000 I’m not sure what others will say but there is an element of truth in what you say. Back 15 years ago you could have bought anywhere and made a profit – the amount varied though. But the current market is much tougher and everyone wants to get rich off property in a short time frame. I don’t think it’s as easy or realistic anymore, but it can be…[Read more]

]]> 2ef8a18cdaa49127ac510ece66c6268e TheNewGuy replied to the topic Property valuation - questions to ask in the forum Help Needed! https://www.propertyinvesting.com/topic/4382209-property-valuation-questions-to-ask/#post-5026870 Sat, 28 May 2016 12:19:30 +0000 Speak to a solicitor ASAP! If you can’t void the contract due to the pests, most have the ability to do it on finance, and I would just claim that.

]]> 2fc903d75b1e69488d61726133cdfeb0 TheNewGuy replied to the topic Property valuation - questions to ask in the forum Help Needed! https://www.propertyinvesting.com/topic/4382209-property-valuation-questions-to-ask/#post-5026870 Sat, 28 May 2016 12:19:30 +0000 Speak to a solicitor ASAP! If you can’t void the contact due to the pests, most have the ability to do it on finance, and I would just claim that.

]]> e98eaf49c01b99e99d92446282bf6336 TheNewGuy replied to the topic Property valuation - questions to ask in the forum Help Needed! https://www.propertyinvesting.com/topic/4382209-property-valuation-questions-to-ask/#post-5026870 Sat, 28 May 2016 12:19:30 +0000 Speak to solicitor ASAP! If you can’t void in the pests most have ability to do it in finance, and I would just claim that.

]]> 15e2448ce37b540e884219488e3af8b7 TheNewGuy replied to the topic Entering a sales job involving property and I have my concerns. in the forum Help Needed! https://www.propertyinvesting.com/topic/5026655-entering-a-sales-job-involving-property-and-i-have-my-concerns/#post-5026836 Fri, 27 May 2016 11:28:44 +0000 That response made me laugh, I’d probably go with less honesty if you want to sell anything in the role! Since you’re a subcontractor you’ll need all of your own insurances.

]]> 555b9566936d8d131fb8a1ff7f7b72aa TheNewGuy replied to the topic Entering a sales job involving property and I have my concerns. in the forum Help Needed! https://www.propertyinvesting.com/topic/5026655-entering-a-sales-job-involving-property-and-i-have-my-concerns/#post-5026806 Fri, 27 May 2016 08:19:03 +0000 Sounds like a crap job I’d keep looking. From an employment perspective I guess you’re a subcontractor so that’s how they get away with not paying you for anything.

]]> b92b0eb16ba55ee93554dca11190a47a TheNewGuy replied to the topic I have a small apartment and want to invest in a bigger property. Any advice? in the forum Help Needed! https://www.propertyinvesting.com/topic/5026407-i-have-a-small-apartment-and-want-to-invest-in-a-bigger-property-any-advice/#post-5026416 Thu, 26 May 2016 22:04:24 +0000 In regards to increasing rent there are a few threads on that already. Initially I would talk to a real estate in the area and get their opinions. But other than renovations, you could look at pets, group share (nearby uni), solar panels etc. None are without roan though.

The other option is to reduce your repayments. Interest only, lower rate…[Read more]

]]> 7a5e4ad6cc45a47799ec66af90fb0f12 TheNewGuy replied to the topic I have a small apartment and want to invest in a bigger property. Any advice? in the forum Help Needed! https://www.propertyinvesting.com/topic/5026407-i-have-a-small-apartment-and-want-to-invest-in-a-bigger-property-any-advice/#post-5026411 Thu, 26 May 2016 13:32:45 +0000 My advice is definitely not professional! But it would come down to specifics – how much income will the apartment generate (net income, Ie less expenses and tax), what loan amount your income(s) will allow and whether you think the apartment is a ‘good investment’ – capital gain etc.

All I will add is the more property you own the greater the…[Read more]

]]> 2e49a3abecb73f0e49c4e12639279ff1 TheNewGuy replied to the topic why should you seperate your owner occupied home loan from IP loan? in the forum Help Needed! https://www.propertyinvesting.com/topic/5026380-why-should-you-seperate-your-owner-occupied-home-loan-from-ip-loan/#post-5026391 Thu, 26 May 2016 08:55:05 +0000 Definitely a yes for separating ppor and ip loans. Depends for separating across banks.

]]> 9058d2a2916fbd3aa44869e7bab9f617 TheNewGuy replied to the topic Absolute Doozy in the forum Help Needed! https://www.propertyinvesting.com/topic/5026338-absolute-doozy/#post-5026346 Wed, 25 May 2016 12:50:11 +0000 Definitely still depreciation. I bought a place that was 20 years old and still claim thousands per year.

]]> 3571943c328c5456b6829651399ca2f0 TheNewGuy replied to the topic Absolute Doozy in the forum Help Needed! https://www.propertyinvesting.com/topic/5026338-absolute-doozy/#post-5026341 Wed, 25 May 2016 12:08:14 +0000 Not sure about Adelaide but I have found that allowing pets does provide a small increase in rent, but it comes with additional risk.

When does the 2 year fixed period end?

If your mother is still working then there is capital depreciation – you’ll need to get a report done.

In general I agree with you and selling sounds a bit risky. It…[Read more]

]]> 4511a6d27d8a76d0695216c67279d7e6 TheNewGuy replied to the topic Setting a goal for a beginner in the forum Help Needed! https://www.propertyinvesting.com/topic/5026138-setting-a-goal-for-a-beginner/#post-5026336 Wed, 25 May 2016 10:45:35 +0000 $100k equity should be enough to get a deposit ($80k accessible, maybe some LMI) then it’s a matter of serviceability. So depending on your incomes you could be in a position to buy an ip now.

]]> 60e75ca53e1024f9a04d26db4ae826a5 TheNewGuy replied to the topic Setting a goal for a beginner in the forum Help Needed! https://www.propertyinvesting.com/topic/5026138-setting-a-goal-for-a-beginner/#post-5026172 Tue, 24 May 2016 06:14:50 +0000 If you have a ppor then you should not use any cash to buy an ip. So if I have a ppor with $300k owing and I win $100k, then I pay down my PPOR by the $100k and redraw a separate (key word) loan for business purposes which I use to cover all purchase costs (20% deposit, stamp duty etc). This loan is against your ppor. Then you get another loan at…[Read more]

]]> 02d418e4dffef5f25246b3eeaf3af733 TheNewGuy replied to the topic Setting a goal for a beginner in the forum Help Needed! https://www.propertyinvesting.com/topic/5026138-setting-a-goal-for-a-beginner/#post-5026141 Tue, 24 May 2016 01:13:44 +0000 Interesting question. The main issue I find is that the goal moves faster than you can save. For example, if it’s $100k and it takes 2 years for you to save that much in two years time it’s $150k, or worse it moves faster than you can save at all and you never reach it. The other factor is it depends on your goals and where you’re investing -…[Read more]

]]> 7e0cf879f31e2f71daf0f84f4cd1940d TheNewGuy replied to the topic Ever gone out on a limb to buy your place, did it work out ? in the forum Forum Frolic https://www.propertyinvesting.com/topic/5026025-ever-gone-out-on-a-limb-to-buy-your-place-did-it-work-out/#post-5026047 Sun, 22 May 2016 08:04:20 +0000 What would you do otherwise? It sounds like a good deal considering what you’ve mentioned. If it’s only 12 months that you might have to get a second job then it doesn’t sound too hard… I’ve always had 2 jobs (FT + PT).

]]> 9abe5309eba410e46283d2ca9408b60d TheNewGuy replied to the topic Sell and go? in the forum Help Needed! https://www.propertyinvesting.com/topic/5025801-sell-and-go/#post-5025819 Sun, 15 May 2016 06:38:28 +0000 CGT is only paid on the increase of value from when you start renting until you sell unless you can fall under the CGT exempt rules -https://www.ato.gov.au/General/Capital-gains-tax/In-detail/Real-estate/Treating-a-dwelling-as-your-main-residence-after-you-move-out/

Have a read of the page above aas i don’t know a great deal about it. However…[Read more]

]]> ffd10fc288584f4328354898bafcbabf TheNewGuy replied to the topic Sell and go? in the forum Help Needed! https://www.propertyinvesting.com/topic/5025801-sell-and-go/#post-5025819 Sun, 15 May 2016 06:38:28 +0000 CGT is only paid on the increase of value from when you start renting until you sell unless you can fall under the CGT exempt rules -https://www.ato.gov.au/General/Capital-gains-tax/In-detail/Real-estate/Treating-a-dwelling-as-your-main-residence-after-you-move-out/

Have a read of the page above aas i don’t know a great deal about it. However…[Read more]

]]> 0d24cf2ffcf948cad5c92410d173c0c6 TheNewGuy replied to the topic Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/5025299-advice-14/#post-5025300 Sun, 01 May 2016 07:02:14 +0000 Is it really worth $380k if the bank valued it at $340k. My experience is that bank values aren’t that far off. After CGT and sales costs how much are you actually expecting to walk away with? Assuming you have an 80% LVR you’d probably get enough to buy elsewhere I’d just confirm that before committing. Plus the purchase cost as well.

My other…[Read more]

]]> 79aa9be5a9010d864f3f15fec8beeb04 TheNewGuy replied to the topic Clear Mortgage or Invest in New Properties in the forum Help Needed! https://www.propertyinvesting.com/topic/5025261-clear-mortgage-or-invest-in-new-properties/#post-5025267 Fri, 29 Apr 2016 22:29:04 +0000 As above. The only risk is that your property doesn’t get as valued as high as you paid so you can’t redraw as much as you think.

]]> eccecabb0ff6502123e01b7cd120b88c TheNewGuy replied to the topic Is it good time to invest in the forum Help Needed! https://www.propertyinvesting.com/topic/5024947-is-good-time-to-invest/#post-5025005 Sun, 24 Apr 2016 04:51:13 +0000 I’ve never heard of that company. It might be worthwhile starting a new thread with the name in the title so others can respond rather than hiding in this post. There are quite few buyers agents on this forum who have a good reputation too. Also consider where you want to buy, I use s buyers agent specifically because I want to buy outside where I…[Read more]

]]> 5abc499084f486bbddc01a347860b032 TheNewGuy replied to the topic Is it good time to invest in the forum Help Needed! https://www.propertyinvesting.com/topic/5024947-is-good-time-to-invest/#post-5025005 Sun, 24 Apr 2016 04:51:13 +0000 I’ve never heard of that company. It might be worthwhile starting a new thread with the name in the title so others can respond rather than hiding in this post. There are quite few buyers agents on this forum who have a good reputation too. Also consider where you want to buy, I use s buyers agent specifically because I want to buy outside where I…[Read more]

]]> e70eee2c6d31b8b1d05cd01e8aa4f7ec TheNewGuy replied to the topic Is it good time to invest in the forum Help Needed! https://www.propertyinvesting.com/topic/5024947-is-good-time-to-invest/#post-5024955 Sat, 23 Apr 2016 05:14:19 +0000 You can find a good investment during any period of the property cycle if you’re willing to look wide enough or be creative enough. The days of buy anything and watch the cash roll in don’t exist today so you’ve got to be a bit more careful with your purchase.

]]> 2238cf47eed0cb4680d8079be2fe5605 TheNewGuy replied to the topic New Investor with a few questions in the forum Help Needed! https://www.propertyinvesting.com/topic/5024764-new-investor-with-a-few-questions/#post-5024944 Sat, 23 Apr 2016 01:23:23 +0000 My motto is fairly simple, ‘buy a problem, sell a solution’. If you’re buying new you’re buying someone’s else solution and trying to profit from it. It’s not impossible but probably not the best use of money.

Examples of buying a problem and selling the solution are like David said – by a problem house, renovate it then sell / rent the…[Read more]

]]> 36b42bde439ef066dc043bfed197ef02 TheNewGuy replied to the topic Saving up for deposit in the forum Help Needed! https://www.propertyinvesting.com/topic/5024343-saving-up-for-deposit/#post-5024399 Tue, 19 Apr 2016 11:53:19 +0000 If you can service both then there is a benefit in keeping the car loan. Do you have any property with capital to help the deposit?

]]> c02600388a25d0cea84027f395a366b9 TheNewGuy replied to the topic CF+ Rental, what to do? in the forum Help Needed! https://www.propertyinvesting.com/topic/5023768-cf-rental-what-to-do/#post-5023808 Thu, 14 Apr 2016 12:57:33 +0000 Accountant != investment advice.

The accountant is wrong. If you have spare cash flow there is probably better ideas!

]]> b56be99649a2aedac1b5c8b5c75e84da TheNewGuy replied to the topic Need help!! before i lose my money in the forum Help Needed! https://www.propertyinvesting.com/topic/5023662-need-help-before-i-lose-my-money/#post-5023669 Sun, 10 Apr 2016 09:01:22 +0000 If the question is what is the minimum squares per townhouse you won’t get an answer. It’s different everywhere and for every council. Plus you’ve already spoken to the council – that’s your best bet.

Plus just because a place can be subdivided doesn’t mean it’s a good investment – if that were true you’d have other people bidding (upping the…[Read more]

]]> e4d8c95552419a68322b578526653ec8 TheNewGuy replied to the topic What do you look for in an investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022944-what-do-you-look-for-in-an-investment-property/#post-5023459 Sun, 03 Apr 2016 06:20:17 +0000 Hi Jon

Realistically I’m a couple of decades off retiring so I’m always playing with some legislative risk. My bank currently takes 80% rental income into account, so as long as my LVR remains low (below 50%) the rental income easily covers the interest on the loan. Obviously you need rental increases each year as well.

On top of that it’s only…[Read more]

]]> c3bc1e9b4e215e6f9f5ba71480995ed0 TheNewGuy replied to the topic What do you look for in an investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022944-what-do-you-look-for-in-an-investment-property/#post-5023429 Thu, 31 Mar 2016 20:27:40 +0000 It’s seriously situation dependent, however, to give you a feel for my situation. I’m in my 30s, married with kids with a fairly high income. I’m in the accumulation phase and still have some serviceability from my own income. I’m looking for buy and holds that are generally neutral geared with the expectation of above average growth over the next…[Read more]

]]> 63ab5c9b847120bc0b9816eb4822b4ef TheNewGuy replied to the topic What do you look for in an investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022944-what-do-you-look-for-in-an-investment-property/#post-5023429 Thu, 31 Mar 2016 20:27:40 +0000 It’s seriously situation dependent, however, to give you a feel for my situation. I’m in my 30s, married with kids with a fairly high income. I’m in the accumulation phase and still have some serviceability from my own income. I’m looking for buy and holds that are generally neutral geared with the expectation of above average growth over the next…[Read more]

]]> 636c7cd0965437727e0ba9159be3123b TheNewGuy replied to the topic What do you think of this proposed investment? in the forum Help Needed! https://www.propertyinvesting.com/topic/5023158-what-do-you-think-of-this-proposed-investment/#post-5023166 Mon, 21 Mar 2016 21:01:12 +0000 A couple of ways to look at it. One is to look at how you found it and see if you’re just falling for a bunch of marketing tricks. Given the really big range of ‘potential’ rent, then I would immediately be concerned. Just check what the similar places are renting for now and see if it’s even in the ball park. Speak to a different real estate…[Read more]

]]> 27562964511a4e18734943e79d2e85f0 TheNewGuy replied to the topic Neighbour tree may damage border fence in the forum General Property https://www.propertyinvesting.com/topic/5021422-neighbour-tree-may-damage-border-fence/#post-5023133 Sun, 20 Mar 2016 11:58:40 +0000 Do both. Cut the branches over your property and speak to a resident.

]]> 2881840134d6b062b671d41823ad5192 TheNewGuy replied to the topic Tax losses & Depreciation = Positively geared? / Joint venture in the forum Help Needed! https://www.propertyinvesting.com/topic/5022637-tax-losses-depreciation-positively-geared-joint-venture/#post-5022646 Mon, 14 Mar 2016 23:05:13 +0000 Hi.

I can’t help with the majority of your questions but I’m interested in what people say. The obvious problem is having 4 people involved means more issues moving forward, loss of income, separation etc.

The business idea is interesting but I’m not sure how you’d get loans for property of you’re making a loss, and you’d probably still have…[Read more]

]]> 12c4fc49c7aa6c1a9659ffa8baaabcf3 TheNewGuy replied to the topic Tax losses & Depreciation = Positively geared? / Joint venture in the forum Help Needed! https://www.propertyinvesting.com/topic/5022637-tax-losses-depreciation-positively-geared-joint-venture/#post-5022646 Mon, 14 Mar 2016 23:05:13 +0000 Hi.

I can’t help with the majority of your questions but I’m interested in what people say. The obvious problem is having 4 people involved means more issues moving forward, loss of income, separation etc.

The business idea is interesting but I’m not sure how you’d get loans for property of you’re making a loss, and you’d probably still have…[Read more]

]]> 7bba85fab5c927d8b0ab5ecc4228fa73 TheNewGuy replied to the topic Tax losses & Depreciation = Positively geared? / Joint venture in the forum Help Needed! https://www.propertyinvesting.com/topic/5022637-tax-losses-depreciation-positively-geared-joint-venture/#post-5022646 Mon, 14 Mar 2016 23:05:13 +0000 Hi.

I can’t help with the majority of your questions but I’m interested in what people say. The obvious problem is having 4 people involved means more issues moving forward, loss of income, separation etc.

The business idea is interesting but I’m not sure how you’d get loans for property of you’re making a loss, and you’d probably still have…[Read more]

]]> f86b1f756c1f77361be52646cb72119c TheNewGuy replied to the topic Any positives for property investors if negative gearing is scrapped? in the forum Opinionated! https://www.propertyinvesting.com/topic/5022583-any-positives-for-property-investors-if-negative-gearing-is-scrapped/#post-5022605 Sun, 13 Mar 2016 12:34:31 +0000 Negative gearing has been scrapped before in the 80s. Many different opinions on whether it was responsible for rent increases. I suggest you do your own research and form your own opinion.

]]> e28daa0d04d6340a80ab76530d4ca63e TheNewGuy replied to the topic To Sell or not sell bad investment in Inner Brisbane Suburb? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022592-to-sell-or-not-sell-bad-investment-in-inner-brisbane-suburb/#post-5022604 Sun, 13 Mar 2016 12:24:37 +0000 Not enough info. My personal opinion is that Brisbane is improving overall so you’ve seen the worst of it. Whether or not your particular place will go up,I’m not sure because you haven’t given enough info. But you’d expect the valley to be ok since it’s pretty much the city.

]]> 42abaaa130514470eb4e39129e293160 TheNewGuy replied to the topic Bathroom floor needs replacing , tennants in place .what are my options ? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022489-bathroom-floor-needs-replacing-tennants-in-place-what-are-my-options/#post-5022580 Sun, 13 Mar 2016 07:04:57 +0000 I’m not a lawyer or a real estate agent, but I’d say your obligations are to provide a safe and habitable house. This does include things like running water, toilet, shower etc.

So, will the bathroom last to October when the lease finishes? If so, maybe just wait it out. If not, stop guessing and get some quotes. From memory and depending on…[Read more]

]]> 0c231363a8701f5671b5045549f91e3a TheNewGuy replied to the topic Bathroom floor needs replacing , tennants in place .what are my options ? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022489-bathroom-floor-needs-replacing-tennants-in-place-what-are-my-options/#post-5022580 Sun, 13 Mar 2016 07:04:57 +0000 I’m not a lawyer or a real estate agent, I’d say your obligations are to provide a safe and habitable house. This does include things like running water, toilet, shower etc.

So, will the bathroom last to October when the lease finishes? If so, maybe just wait it out. If not, stop guessing and get some quotes. From memory and depending on what…[Read more]

]]> 86a7e859f36a9e02dc8299dd3efb36e5 TheNewGuy replied to the topic Newby trying to get started in the forum Help Needed! https://www.propertyinvesting.com/topic/5022570-newby-trying-to-get-started/#post-5022574 Sun, 13 Mar 2016 04:21:18 +0000 I literally rely on the numbers. For each option, Previous capital gain, future capital gain, rental return, maintenance costs, potential capital improvements, future infrastructure etc. Then I decide based on that. If I can’t afford one now then I look at opportunity cost. For example if I need $40k more savings but the property is likely to…[Read more]

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