PropertyInvesting.com | TimC | Activity https://www.propertyinvesting.com/members/timc/activity/ Activity feed for TimC. Sat, 11 Apr 2026 20:20:30 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 afaf28001cfa135d9b53087a8deed695 TimC replied to the topic Interest Free Loan in the forum Finance https://www.propertyinvesting.com/topic/4389235-interest-free-loan/#post-4565979 Sun, 15 Apr 2007 08:59:17 +0000 Is that the loan that was in the Advertiser a few weeks back where the banks let a portion of the loan be interest free, but claim a percentage of the capital gains upon sale?? I think we all know who the real winners will be with this one.

]]> d476b26b5a65943619a9eddf0afb35d7 TimC replied to the topic Depreciation in the forum Finance https://www.propertyinvesting.com/topic/4389004-depreciation-17/#post-4564771 Wed, 28 Mar 2007 00:10:31 +0000 Thanks for that Amanda, I didn't realise that so much can be depreciated. Thats great news.CheersTim

]]> 4340b1647c6cca535bcfe5cf15c63836 TimC replied to the topic X Collateralising in the forum Finance https://www.propertyinvesting.com/topic/4388905-x-collateralising/#post-4564316 Thu, 22 Mar 2007 11:31:55 +0000 I have learnt the hard (well not really hard in the scheme of things but still very annoying!!) way about the pitfalls of xcollaterising.

Basically when we first started this property investing game a few years back when i was young and naieve we used our PPOR as security to buy our first IP. Few years later we had moved out of our PPOR and after…[Read more]

]]> d150897979e52bbc89ab65a42c3841e7 TimC replied to the topic Your PPOR: Asset or Liability? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386688-your-ppor-asset-or-liability/#post-4554034 Wed, 06 Sep 2006 01:55:51 +0000 Hi all

My wife and I rent a modest 3 bed townhouse whilst we own 2 IPs (1 on market at mo). Our idea is that eventually we want to go back to owning/paying off our PPOR but for now we needed as much cash as possible to fulfil our investing goals. So the relatively hefty mortgage payments have been halved by replacing them with rent.

I too read…[Read more]

]]> b885c4c44c325d526e5059dd18e94e25 TimC replied to the topic Wife wants to quit job to invest full time in the forum Help Needed! https://www.propertyinvesting.com/topic/4386316-wife-wants-to-quit-job-to-invest-full-time/#post-4552255 Tue, 01 Aug 2006 22:02:11 +0000 Thanks for all your replies!!! yes it is her passion and as her current job doesn’t provide the job satisfaction she would like, we thought we would look into making our hobby a bit more permanant.

It would also help out with our kiddies as well with more working from home etc etc. funnily enough it was me who got us into this real estate game…[Read more]

]]> 7817d35f63e6333ce3b9ef1e56073162 TimC replied to the topic Wife wants to quit job to invest full time in the forum Help Needed! https://www.propertyinvesting.com/topic/4386316-wife-wants-to-quit-job-to-invest-full-time/#post-4552249 Tue, 01 Aug 2006 06:25:33 +0000 sorry forgot to add…..surely their is a better way to fund each new purchase than applying for brand new loan each time….the set up fees would be enormous and severely eat into any profit. What is the best way to set up the finances in this sort of scenario??

Cheers

]]> e32908dfdfcaa7d77432b5c8e77f95a9 TimC replied to the topic Sexy up the front in the forum Value Adding https://www.propertyinvesting.com/topic/4385731-sexy-up-the-front/#post-4549578 Wed, 07 Jun 2006 11:13:33 +0000 what r everyone’s thoughts on front fences??? we have a waist high, steel mesh type fence that looks like the old housing trust style front fencing but it has wooden log poles every few metres….its probably more practical than pretty but not sure if we get rid of it that people may miss having a barrier between the road and the house..it also…[Read more]

]]> cfd908cbf932518444cd83225c87da13 TimC replied to the topic Find out who owns a block and their contact detail in the forum Help Needed! https://www.propertyinvesting.com/topic/4385764-find-out-who-owns-a-block-and-their-contact-detail/#post-4549784 Wed, 07 Jun 2006 11:03:11 +0000 Just bribe someone from the department of motor registration to get the full name and address….hehe [biggrin]

]]> c00ad6e595396a467ebb733e4e374300 TimC replied to the topic Sexy up the front in the forum Value Adding https://www.propertyinvesting.com/topic/4385731-sexy-up-the-front/#post-4549575 Tue, 06 Jun 2006 09:22:30 +0000 Some great ideas there!!! We were umming and aahhhing whether or not to paint the concrete, oil stained driveway but think we wil do it…Love the idea re planter boxes too, they look great

]]> bb8424d0a5231a0500abb386aef13167 TimC replied to the topic Centerlink in the forum Opinionated! https://www.propertyinvesting.com/topic/4385652-centerlink/#post-4548124 Tue, 30 May 2006 07:19:49 +0000 we had a tenant once whose rent came straight out of his centrelink pay….altho we never had any dramas with him and paying rent, from talking to our property manager it isnt as good as it sounds as the tenant can just call centrelink and cancel the direct debit (as mentioned in above post) without telling anyone…kind of takes the point away…[Read more]

]]> da635d5556a4bd08e88e3adce2e7bb62 TimC replied to the topic Hire Furniture To Enhance Presentation in the forum Value Adding https://www.propertyinvesting.com/topic/4385620-hire-furniture-to-enhance-presentation/#post-4547964 Tue, 30 May 2006 07:05:26 +0000 We got a quote from a place here in SA that was $1700 for 1st month for fully furnished 3 bed house…included lots of little deisigner stuff and they come and set up, do the design thing and take the stuff away….we were going to put in some of our bits of oldish furniture and just hire a few bits here and there but it worked out that by the…[Read more]

]]> 59dba79d7fed2059192df678e94f24c4 TimC replied to the topic Property development site - evaluation checklist in the forum Help Needed! https://www.propertyinvesting.com/topic/4385397-property-development-site-evaluation-checklist/#post-4546987 Fri, 12 May 2006 04:51:38 +0000 Hi Dave

I have a pretty substantial Development checklist I can email thru to you if you like…I got it from a really good book I read and whacked it on a spreadsheet….PM me if you would like a copy.

Cheers

Tim

]]> 187877c0649b5759f77b42f747420f15 TimC replied to the topic Home Security Systems? in the forum Value Adding https://www.propertyinvesting.com/topic/4385327-home-security-systems/#post-4546686 Fri, 05 May 2006 08:32:22 +0000 Hi Chris

Yeah mate if it doesnt cost you anything at all to keep it monitored (i.e taking into account discount from insurance) then keep it going. I always get really angry at insurance companies whenever I get an insurance policy as they always ask if the place has a monitored alarm because they are useless. Just a couple of questions that you…[Read more]

]]> 120bd2cb5740423baebf038d22ee34c6 TimC replied to the topic Home Security Systems? in the forum Value Adding https://www.propertyinvesting.com/topic/4385327-home-security-systems/#post-4546681 Thu, 04 May 2006 22:24:58 +0000 Hi all

I deal with alarms a lot in my line of work and for private premises i advise every single person that deals with them that they are quite possibly the biggest con since moses was a boy. Alarm monitoring companies are extremely dodgy and will do anything to get people hooked on ‘monitored’ contracts etc….please dont….in 6yrs in my…[Read more]

]]> a29f2703eb3e5546a3040df25b7dfbcc TimC replied to the topic Who builds units? in the forum Help Needed! https://www.propertyinvesting.com/topic/4385330-who-builds-units/#post-4546693 Thu, 04 May 2006 22:13:19 +0000 Hi mate

We just took our plans to builders in the area and basically said ‘how much to build this’ and then we got detailed quotes based on their inclusions etc. After that we just thrashed out a deal that cut out stuff in the quote we didnt need to come to an ending we were happy with. Must admit it helped a bloody lot that my father in law is…[Read more]

]]> 25a1ff6358d173f9661ae2984af66508 TimC replied to the topic $2.5 mill Lawsuit for a slap on the backside in the forum Heads Up! https://www.propertyinvesting.com/topic/4385265-2-5-mill-lawsuit-for-a-slap-on-the-backside/#post-4546431 Tue, 02 May 2006 23:43:13 +0000 Hi all

There are heaps of these stories floating around but you do have to be a bit wary of the source of the news as quite a few of them are a load of bollocks…

case in point….old lady apparently sued Winnebago (big caravan with an engine things) because she put the van in cruise control mode, got out of the driver seat and went out the…[Read more]

]]> 4981078080b5a030671de7fce85f353a TimC replied to the topic Develop or not? in the forum Help Needed! https://www.propertyinvesting.com/topic/4385294-develop-or-not/#post-4546543 Tue, 02 May 2006 23:19:42 +0000 Hi mate

I am definately no mortgage broker etc but if it helps at all I found out (and was confirmed by my broker) that possibly during the developments construction phase, the interest can be carried over til when the structure is complete (i.e u dont pay any of the installment payments during construction, just all payments u would have made…[Read more]

]]> b816632573f477e871ff408808385660 TimC replied to the topic Young investor- tell tale in the forum Help Needed! https://www.propertyinvesting.com/topic/4385220-young-investor-tell-tale/#post-4546246 Thu, 27 Apr 2006 12:22:07 +0000 G’day guys

Well I thought I was young til i read some of the other replies!!! I am 24 and have had 2 IPs for a couple of years now. My wife and I are currently in the process of selling one of them to free up some cash flow to help me not freak out too much as we embark on our 1st 3 unit build when we knock down our other IP. Building should…[Read more]

]]> c979cc5d66e5a7d8a402e22fc381a065 TimC replied to the topic I start building a house today in the forum Value Adding https://www.propertyinvesting.com/topic/4384531-i-start-building-a-house-today/page/2/#post-4542687 Sat, 22 Apr 2006 02:43:31 +0000 Mate just a quick question re government payments for studying…do they still pay if you work full time???

I am a complete building numpty and would like to have some sort of clue what my father in law (who is a builder) is on about half the time. TAFE course sounds like a great way to go about it.

Cheers

Tim

]]> bed16d16975e4498ff91d96d225fb46c TimC replied to the topic Development & renovation in the forum General Property https://www.propertyinvesting.com/topic/4385137-development-renovation/#post-4545720 Thu, 20 Apr 2006 06:02:35 +0000 Hi Guys

Best book by a mile on property developing that i have read(residential developing that is) would be ‘Australian Residential Property Development’ by Ron Forlee….Its only been out for a few months and I havent seen it in too many shops but its fantastic. Goes into all the nuts and bolts stuff, gives websites for all the external…[Read more]

]]> f96fa2529be765e6937c795aac2ea070 TimC replied to the topic to buy family home or investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/4385048-to-buy-family-home-or-investment-property/#post-4545258 Thu, 13 Apr 2006 08:23:49 +0000 Completely agree with what Chris said above…friends of ours did a similar thing (buy PPOR on big block, subdivide land and sell it off etc) and thats a great way to go….there are lots of different ways to do it, each with its pro’s and cons thats for sure.

in regards to dazzlings comments, i can sooooo relate to that!! have similar situation…[Read more]

]]> 5fb6306ff91e0638489880f99a99a691 TimC replied to the topic to buy family home or investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/4385048-to-buy-family-home-or-investment-property/#post-4545253 Wed, 12 Apr 2006 03:58:02 +0000 Hi mate

I agree with the comments above….I am 24 and my wife and I bought our family home 3 yrs back as ‘it was the thing you did’ when you get married etc….However after spending the last 18months or so getting my head around the property thing, buying an investment place and really setting some goals and realistic ways to get there, we made…[Read more]

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