PropertyInvesting.com | tigermiger | Activity https://www.propertyinvesting.com/members/tigermiger/activity/ Activity feed for tigermiger. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 cf1c663580f0fff55f63448cc71cc1c2 tigermiger replied to the topic Positively Geared - oops! in the forum Help Needed! https://www.propertyinvesting.com/topic/5028251-positively-geared-oops/#post-5028273 Tue, 12 Jul 2016 03:57:37 +0000 The original loan did have an offset account and money was going into their. Silly me made the mistake of increasing the repayments instead of keeping the money in the offset in the last 12months. I don’t know why I made that change, I just did.

Thanks Corey. When you word it like that, I guess it does sound stupid. Yes, I did organise a…[Read more]

]]> a0ade2858b816a6f8b9353758469bcf5 tigermiger started the topic Positively Geared - oops! in the forum Help Needed! https://www.propertyinvesting.com/topic/5028251-positively-geared-oops/ Mon, 11 Jul 2016 03:15:53 +0000 Hello,

I have finally moved out of my PPOR (loan approx. $230k) and brought another property that is now my PPOR (loan approx. $380k).

The house I moved out of, is now being rented at $1,300 per month.
I have just realised, with my I.O loan the monthly repayment on this house is approx. $500 per month, which I believe mean’s it is positively…[Read more]

]]> 1976f3f0f4896d8ba040362252e1c5e2 tigermiger replied to the topic Ideal set up, to purchase second house ie. purchase in my name? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020590-ideal-set-up-to-purchase-second-house-ie-purchase-in-my-name/#post-5020614 Mon, 22 Feb 2016 21:05:21 +0000 Thanks Terryw, it would be Victoria.

]]> ce731e96d5f340b7c5a03ab8a8d0a75d tigermiger started the topic Ideal set up, to purchase second house ie. purchase in my name? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020590-ideal-set-up-to-purchase-second-house-ie-purchase-in-my-name/ Mon, 22 Feb 2016 04:25:27 +0000 Hi Everyone

I am in the process of listing my PPOR for rent and moving into my partners house short term.
We have been actively searching the last 4 months to buy a property either to move in and make a family home or a property to move in/ renovate and re-sell – which way we go, we are not fussed, depends what we feel is right.

My PPOR is c…[Read more]

]]> 4bb2d5478d32b257166d67be55673b7b tigermiger replied to the topic A Good Place to start for first-time Investors with Carpentry experience in the forum Help Needed! https://www.propertyinvesting.com/topic/5014768-a-good-place-to-start-for-first-time-investors-with-carpentry-experience/#post-5014884 Wed, 21 Oct 2015 01:45:15 +0000 Hi Sam,
I aim to do the same, buy/ renovate/ rent out and move onto the next one. This would be my first investment property also and a little nervous taking the plunge.
I have been browsing Geelong, Werribee, Hoppers Crossing and I like the idea of Melton due to prices, but I don’t know the good and bad areas.
I also noticed a unit in Preston…[Read more]

]]> eefb65ca90c4754fe23b7ab7664998fc tigermiger replied to the topic 'Why I bought the block' API Magazine March 2013 in the forum General Property https://www.propertyinvesting.com/topic/4408599-why-i-bought-the-block-api-magazine-march-2013/#post-4685433 Tue, 17 Dec 2013 02:44:43 +0000 Any chance the article can be posted on here?

]]> 7b8af0cf049397b51ec9740aef99b783 tigermiger replied to the topic Is selling ppr the right idea at seperation? in the forum General Property https://www.propertyinvesting.com/topic/4410302-is-selling-ppr-the-right-idea-at-seperation/#post-4696541 Thu, 12 Dec 2013 22:34:33 +0000 This is really hard to go through day to day things at the moment let alone think about the future……

For the time being, i will live in the house.

If I take out a Interest Only loan in my name and have an offset account attached to it- is this okay???

Then, when i am in a better head space, i can think about everything else eg; maybe…[Read more]

]]> 41f16678d3631e60d0ee3d72b0879ddb tigermiger replied to the topic Is selling ppr the right idea at seperation? in the forum General Property https://www.propertyinvesting.com/topic/4410302-is-selling-ppr-the-right-idea-at-seperation/#post-4696535 Mon, 09 Dec 2013 05:32:00 +0000 The house figure to buy my ex out has been agreed and I think my next step now is to get a home loan solely in my name.

Because I am not sure if I will rent it out or live in there, am I best to get an I.O loan?

My mum has generously offered to but her savings into my offset account (as she is currently taxed too much), provided I get a will…[Read more]

]]> b16d8dbd064ce22c9bc812f38ac7509e tigermiger replied to the topic Is selling ppr the right idea at seperation? in the forum General Property https://www.propertyinvesting.com/topic/4410302-is-selling-ppr-the-right-idea-at-seperation/#post-4696533 Sun, 01 Dec 2013 22:20:27 +0000 Thank you Tom.

I had a real estate agent come our last week who mentioned the house would be around $310-330k (which is less than i anticipated after googling around on realestate.com.au)
I have two more agents coming this week.

]]> bcec99079d079ae00c5f7b54b3b11df6 tigermiger 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-4696598 Sat, 23 Nov 2013 13:19:38 +0000 Brilliant link – thanks for sharing!

]]> c0fc34a0e5c11c11d71a5270e626a2a8 tigermiger replied to the topic Is selling ppr the right idea at seperation? in the forum General Property https://www.propertyinvesting.com/topic/4410302-is-selling-ppr-the-right-idea-at-seperation/#post-4696531 Sat, 23 Nov 2013 13:11:25 +0000 Sorry for my slow reply… I'm trying to keep the relationship but it's not going well ;-(

I do like the area to live and would be happy to live in the house after our relationship breakdown. We built the house 5years ago in Victoria – house title and Commonwealth loan (p&i) is in both our names. Home loan amount is at $205k and houses of…[Read more]

]]> 2ed186a0a52376270c2c8d9a4c69806e tigermiger replied to the topic Mortgagee Auction passed in / how to make an offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4408840-mortgagee-auction-passed-in-how-to-make-an-offer/#post-4687367 Mon, 25 Feb 2013 22:43:30 +0000 @ Jamie M; no deposit, but hoping we have equity in our house.

]]> c9e87a71ede4348457d551fdf95daa05 tigermiger replied to the topic Mortgagee Auction passed in / how to make an offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4408840-mortgagee-auction-passed-in-how-to-make-an-offer/#post-4687362 Mon, 25 Feb 2013 03:03:56 +0000 @ Shahin; Yes. Early last year, we received pre-approval from a bank, however the period lapsed and since then, our financial situation has changed. 

]]> e40391df8d7f639bb33ab57b054935ca tigermiger replied to the topic anyone heard of think advantage home loans and priority one financial planning in victoria in the forum Heads Up! https://www.propertyinvesting.com/topic/4404338-anyone-heard-of-think-advantage-home-loans-and-priority-one-financial-planning-in-victoria/#post-4653111 Sun, 25 Mar 2012 08:09:52 +0000 thank you

]]> 3d13b28e5b4b722306d43a5a39670057 tigermiger replied to the topic anyone heard of think advantage home loans and priority one financial planning in victoria in the forum Heads Up! https://www.propertyinvesting.com/topic/4404338-anyone-heard-of-think-advantage-home-loans-and-priority-one-financial-planning-in-victoria/#post-4653109 Sun, 25 Mar 2012 02:38:36 +0000 Hi Jamie,
My fiancé and I have been to a mortgage broker, however we are after another opinion as what we have been advised seems to be opposite to what I read in books or on this forum.
I have suggested to my partner that we can chat with a well know person on here who is interstate however my partner would like to meet the mortgage broker face…[Read more]

]]> bec7d28def39f2380793080378245609 tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/page/2/#post-4661614 Thu, 16 Feb 2012 02:31:24 +0000 Our mortgage broker has advised that the IP loan must be in joint names as we do not have sufficient funds to borrow in one name only & that our PPOR will be used as security as we do not have enough funds. A letter came in the mail approving our IP loan application as follows: 1) A line of credit in both names for $40k    Security is our PPOR…[Read more]

]]> 9001160d2e9e6bf65516e6fc472b217c tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/page/2/#post-4661613 Fri, 13 Jan 2012 03:46:48 +0000 @ Terryw = I hope we don't, but as my parents divorced years ago, I would like to protect myself for the unfortunate. I will keep a record for myself, thank you Terryw.

]]> c47c42c68c80c3a8f478721aa23e75ec tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/page/2/#post-4661611 Fri, 13 Jan 2012 02:06:30 +0000 @ Terryw = Aww; this is becomming more and more complicated.

]]> 7ac85e9bcb6b5173e5d1fec9bf95fe37 tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/#post-4661609 Fri, 13 Jan 2012 01:32:40 +0000 Very true Tarek about the agreement – thanks.

]]> 3579f705a1f8e2fd30586a3fba6d9aee tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/#post-4661607 Fri, 13 Jan 2012 01:22:34 +0000 I actually just received an email from the broker to complete forms to go as Guarantor for Loan B – thanks Tarek.

]]> 9cff37dc885548afa8dbbc88deb1c455 tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/#post-4661605 Fri, 13 Jan 2012 01:19:43 +0000 Hi Tarek – Loan B will be covering the deposit.As the I.P will be in fiancees name, does anyone have any ideas of how him & I can draw up a document saying that the property is mine too? I know a lawyer can do that, but I thought to save money we could write a letter and sign between ourselves.

]]> e809c7691b96c7e03f9ebf23fd775052 tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/#post-4661602 Fri, 13 Jan 2012 00:53:01 +0000 I was totally lost with Tarek's response.Thanks everyone & Jamie for your input.  

]]> d7272f643841c8bf1d11f710154092d1 tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/#post-4661597 Mon, 09 Jan 2012 00:28:26 +0000 ok, will do & thank you Terryw.

]]> f8015434f3ec9c379b6914c08eed74c0 tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/#post-4661595 Mon, 09 Jan 2012 00:25:39 +0000 Hi Terryw – I looked forward to that day happening & when it does, then it would be more beneficial in my name.What would you suggest?

]]> e99172184f4a224b5c2fcab6f7275914 tigermiger replied to the topic Loan Structure for 1st I.P in the forum Finance https://www.propertyinvesting.com/topic/4405559-loan-structure-for-1st-i-p/#post-4661593 Sun, 08 Jan 2012 22:09:12 +0000 Thank you Jamie M.Is there an obvious way that I can tell if the mortgage broker is going to cross them?

]]> 4ce8b29d696849a8d1c363b9b4619891 tigermiger replied to the topic Who's doin' what in 2011? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4402654-whos-doin-what-in-2011/page/3/#post-4640935 Tue, 20 Dec 2011 06:06:24 +0000 Finally getting the balls to do something instead of reading all about it – I'm meeting with an accountant tonight to chat about the best structers for us and then the mortgage broker on 13 January for pre approval.yippe – very slowly, but I'm still here and very keen.

]]> 716d4a6060b6c39877b2b018d0546985 tigermiger replied to the topic Beginner - not sure where I start in the forum Value Adding https://www.propertyinvesting.com/topic/4404963-beginner-not-sure-where-i-start/#post-4657350 Fri, 14 Oct 2011 00:56:56 +0000 Shape – Yes, I am on the search for my first I.P. I've been leaning more on the strategy of buy & hold, but i noticed this house in Wyndham for $265k that has caught my eye and thought maybe a buy/ renovate/ build/ sell might be a good idea and use the money to pay off my PPOR.hrub – thank you. Tomorrow is an open day & i will ask for the s…[Read more]

]]> da3589be99ed8f9bc226235683b4e947 tigermiger replied to the topic Who's doin' what in 2011? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4402654-whos-doin-what-in-2011/page/3/#post-4640931 Wed, 12 Oct 2011 00:37:47 +0000 My update for 2011 goals: 2 OUR OF 3 COMPLETE.1. Looking and aiming to buy my first IP                         STILL LOOKING – SCARED TO TAKE THE LEAP.2. Hoping the other half proposes to me (haha)           ENGAGED!!3. Trip to Thailand or Coburg (N.T)                                  WENT TO COBOURG, NT FOR A WEEK.

]]> 23e48e1ef8d522f76d4aa0d44f3f93b5 tigermiger replied to the topic Buy IP or move PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4402994-buy-ip-or-move-ppor/#post-4643386 Fri, 11 Mar 2011 03:38:20 +0000 50/50. If we had enough money, i would hope that one day we would rent it otherwise we would sell it.CBA said that i would want to keep it as is to pay more money off the loan for the mean time and then change it later if i decide to rent it out.

]]> b89c1047de3c1bd0b7aeeefe15359a68 tigermiger replied to the topic Buy IP or move PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4402994-buy-ip-or-move-ppor/#post-4643384 Thu, 10 Mar 2011 08:45:35 +0000 My partner and i have since deceived that we will stay in our PPOR for about another 2-5years.I met with the bank and they mentioned that i can switch to IO with no charge, however they recommended to stay P&I and when i purchase my first IP to ensure that that loan is IO.

]]> 6d33d90109a6533fc7cd89414e53ec5d tigermiger replied to the topic What are your thoughts on Geraldton, WA? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403011-what-are-your-thoughts-on-geraldton-wa/#post-4643473 Thu, 10 Mar 2011 08:43:13 +0000 Hi Mr Las Vegas,Geraldton was listed in the API magazine for March as part of the '20  Hotspots primed to benifit from major infrasturcture projects'. Various comments made by Terry Ryder:- Geraldton and surrounding mid west towns will particular benefit – is already a solid regilanl centre- prospects of getting the $2.5bil Square Kilometer Array…[Read more]

]]> ce47dac9aa26fd7f8d10fee3dbfe6859 tigermiger replied to the topic Buy IP or move PPOR in the forum Thank you Jamie. https://www.propertyinvesting.com/topic/4402994-buy-ip-or-move-ppor/#post-4643382 Wed, 09 Mar 2011 10:50:03 +0000 Thank you Jamie.

]]> a34f728474c4e99bfc11e93b2d678b10 tigermiger replied to the topic Who's doin' what in 2011? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4402654-whos-doin-what-in-2011/#post-4640893 Wed, 23 Feb 2011 05:12:51 +0000 My Goals for 2011:1. Looking and aiming to buy my first IP 2. Hoping the other half proposes to me (haha)3. Trip to Thailand or Coburg (N.T)

]]> d5b6855efcdded696a04d9cfa2eac415 tigermiger replied to the topic Property Investing Mentors are they worth it? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402821-property-investing-mentors-are-they-worth-it/#post-4642136 Thu, 17 Feb 2011 02:22:12 +0000 Hi Tiffany,I am a newbie as well and have been following this site for a few months now and have since learnt quite alot.Also reading various books and magzines has/ is very helpful.I've noticed that Steve McKnight has a two investor breifing comming up and Terry Rider has a "First steps to becomming a property investor' seminar. I am quite i…[Read more]

]]> 338b214234dcca5aa6bd9e7042a0e5cc tigermiger replied to the topic Geelong in the forum Help Needed! https://www.propertyinvesting.com/topic/4400224-geelong-2/#post-4625970 Sun, 22 Aug 2010 23:12:27 +0000 Thank you JacM.

]]> 61e6346ca952ebe7117a280daf1e19d1 tigermiger replied to the topic Geelong in the forum Help Needed! https://www.propertyinvesting.com/topic/4400224-geelong-2/#post-4625961 Tue, 17 Aug 2010 01:35:53 +0000 That is very helpful JacM.Everyone keeps mentioning 'make sure the numbers work'. But I'm a little confused as to how to calculate my numbers.Is anyone able to shed any light on this formula?

]]> de8de070470ec8792f1b2c52ef8dfd55 tigermiger replied to the topic Financial Planner in the forum General Property https://www.propertyinvesting.com/topic/4400634-financial-planner-2/#post-4628480 Thu, 22 Jul 2010 03:45:27 +0000 Thank you Paul..I have searched through past posts and it appears http://www.lanteri.com.au/ and http://www.gatherumgoss.com/about-gatherum-goss/our-locations/ are recommeneded.

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