PropertyInvesting.com | therock1 | Activity https://www.propertyinvesting.com/members/therock1/activity/ Activity feed for therock1. Mon, 13 Apr 2026 01:40:45 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 473c93fee38efc8503245e3050e04142 therock1 replied to the topic New Property Strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4407598-new-property-strategy/#post-4677257 Fri, 14 Sep 2012 01:39:42 +0000 Thanks Terry. Can you expand on that and provide some suggestions that would give me protection or is there really no such thing?

]]> 4d18b9630edd83f7e708261ebdb9de9e therock1 replied to the topic New Property Strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4407598-new-property-strategy/#post-4677255 Thu, 13 Sep 2012 10:38:28 +0000 Thanks Richard 
I have a pretty good solicitor already so the protection thing is pretty good.
It was more the way forward for me I was hoping for feedback on so I can get back into market ASAP.
Property is my passion, unfortunately my exes wasn't but anyway.

Would be interested to see your API interview for inspiration.

Cheers
ben

]]> 6c217d7a8e37c184bdaf199a0f3db9a5 therock1 replied to the topic Unsecured Loan Required in the forum Help Needed! https://www.propertyinvesting.com/topic/4404408-unsecured-loan-required/#post-4653578 Tue, 09 Aug 2011 07:47:42 +0000 Luke,i have 2 x investment properties but both are geared to the max so cannot get any equity out of them.As for selling them after , agents fees, and CGT i would probably have to pay money to sell them.Michael,I have been with self employed for last 4 yrs and my annual turnover has been climbing at about 14% per yr on avg and can service all my…[Read more]

]]> d63063b59a36b52b2879da9a20793542 therock1 replied to the topic Unsecured Loan Required in the forum Hi Terry,Yeah i know its https://www.propertyinvesting.com/topic/4404408-unsecured-loan-required/#post-4653570 Tue, 09 Aug 2011 04:42:29 +0000 Hi Terry,Yeah i know its risky but i have to try something.Willing to pay over the odds for interest, i can do it easily and quickly but just need to find someone who is prepared to go in.I have house boat car and all sorts of other items to use as collateral.

]]> e16d4c3d8a2f82ae1a2d5c3336845fe5 therock1 replied to the topic Financial Quagmire-Suggestion or Help!! in the forum No they are both rented out https://www.propertyinvesting.com/topic/4404297-financial-quagmire-suggestion-or-help/#post-4652819 Wed, 27 Jul 2011 03:57:32 +0000 No they are both rented out i n QLD and we are in WA.But if we sell averything and take the debt in to account there is only debt to split which is pretty sub-optimal.They are heavily geared so any sale would produce nothing to write home about after cgt and agents fees etc.Having the houses for 7 yrs and 4yrs  then selling for nothing is not id…[Read more]

]]> 2b24ba9883d8c79f8a49c3e4bca06870 therock1 replied to the topic Financial Quagmire-Suggestion or Help!! in the forum Hi Terry, We had a small https://www.propertyinvesting.com/topic/4404297-financial-quagmire-suggestion-or-help/#post-4652817 Wed, 27 Jul 2011 03:03:19 +0000 Hi Terry,We had a small omount of company tax to pay which is basically all sorted but the bulk of the Debt is PAYG in my name.We both have a house in ech of our names although its a 99%/1% split each way.The one with the DA is in my name and i am garauntor for the other mortage which is in her name.She is unable to re-finance and get the loan in…[Read more]

]]> ca0b94225095e5335887bd878796892b therock1 replied to the topic Minimum Requirements to Gain Seperate Title for DA in the forum Help Needed! https://www.propertyinvesting.com/topic/4403053-minimum-requirements-to-gain-seperate-title-for-da/#post-4643666 Tue, 15 Mar 2011 10:37:33 +0000 Thanks Christian,I have no intention of selling the block its a buy and hold investment.the info i am getting from my private planner is that i need to have at least the services and driveways installed prior to getting the seperate title.I have all the engineering drawings approved through council so might approach them to see what can be…[Read more]

]]> 7cfcc8b22f9a784d8edf33a8b7f9aa84 therock1 replied to the topic QLD mining towns in the forum General Property https://www.propertyinvesting.com/topic/4397906-qld-mining-towns/page/3/#post-4611890 Sat, 05 Jun 2010 13:22:12 +0000 If K-Rudd and his cronies get voted back in we wont have anything to talk about and Wandoan and the Surat Basin will be ghost towns, hopefulyy sanity will prevail and he will be gone.My basic calcs indicate that a 40% tax on profits of projects that never eventuate = 40% of nothing???

]]> 1ad11dddbb9e54ef180bd4e7c38368f1 therock1 replied to the topic subdividing basics in the forum Value Adding https://www.propertyinvesting.com/topic/4389784-subdividing-basics/#post-4568367 Sun, 14 Feb 2010 09:39:00 +0000 CGT for Subdivsion.What CGT will i be up for if i subdivide my block and sell off the block off the land? (QLD)

]]> 161cef67ee5056aa52f83d27621b4b57 therock1 replied to the topic QLD mining towns in the forum General Property https://www.propertyinvesting.com/topic/4397906-qld-mining-towns/page/2/#post-4611864 Tue, 19 Jan 2010 04:40:30 +0000 I use to manage a maintenance company in Biloela which is about 70kms from Moura. I had extensive dealings with local council from 2004 to 2006 when we developed a major workshop for repairs of mining equipment and construction work on the back of all the expansion work that was due to occur in the Surat Basin and Moura area from 2009 to 20…[Read more]

]]> 6cb3f5974618838b0562946ec5c68e46 therock1 replied to the topic Property Investment Software? in the forum PIA by Ian Somers is a good https://www.propertyinvesting.com/topic/4398420-property-investment-software-4/#post-4615036 Tue, 19 Jan 2010 04:23:40 +0000 PIA by Ian Somers is a good one to use as well.It can help with evaluations and assesments of properties as well as managment functions.You can go to his webiste and do a trial run to make sure it is what you need.

]]> 2c1d94ff669bc1994292dcf04d971e7b therock1 replied to the topic Valuation before or after Reno and subdivision?? in the forum Thanks Philip, Project https://www.propertyinvesting.com/topic/4398398-valuation-before-or-after-reno-and-subdivision/#post-4614915 Sun, 17 Jan 2010 02:03:14 +0000 Thanks Philip,
Project management 101 is were the saying comes from, definitely my style!!

I am keeping the existing property and going to sell off the back block when it is done.

Do you have the names of good builders who did work for you by any chance? I would love to get my hans on some serious cash as there is some excellent potential in…[Read more]

]]> cf3425e1614ad992cb54e564efd270ef therock1 replied to the topic Opinions on Cairns? in the forum No Subject https://www.propertyinvesting.com/topic/4388165-opinions-on-cairns/#post-4561001 Wed, 31 Jan 2007 13:33:19 +0000 There is a lot of growth ahead for Cairns and Townsville as well.
Good H&L packages – watch the Building contracts as they are pretty vague no risk for the builder whatso ever.
Innisfail is not bad either – they are still re-building after the cyclone last year.
Yes it is hot-but where isnt it hot?
Make sure you have a independent 3rd party check…[Read more]

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