PropertyInvesting.com | Todd Giles | Activity https://www.propertyinvesting.com/members/todd-giles/activity/ Activity feed for Todd Giles. Tue, 14 Apr 2026 16:05:45 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 b46765c79fef919f8ec23ee3166bdad2 Todd Giles replied to the topic Guidance about buying parents' home in the forum General Property https://www.propertyinvesting.com/topic/4408030-guidance-about-buying-parents-home/#post-4680501 Wed, 05 Dec 2012 13:59:44 +0000 I have a similar question with regards to the original post and thought I'd chuck it in here instead of starting a new topic.

My question,

Assuming they owe around $170000 ( a guess), i'm also guessing that the property would be valued at around $400,000, would it be possible to purchase the property from them for around 280000, 290000. giving…[Read more]

]]> 7afaa22386e05d01edcd867afe492b48 Todd Giles replied to the topic Depreciation Schedule + Positive Cashflow Property??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408093-depreciation-schedule-positive-cashflow-property/#post-4680958 Mon, 26 Nov 2012 22:10:06 +0000 I'm looking at purchasing my first ip next year. Is a depreciation schedule worked out over a whole financial year or based on the time you've had it for.
i.e. If i settled on a property on say June 30th vs July 1st is there going to be a difference in the depreciation schedule, Would it be more beneficial to settle on 1 vs the other?

]]> 627c3e2238e24849c53abffbe7c46d8f Todd Giles replied to the topic Depreciation Schedule + Positive Cashflow Property??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408093-depreciation-schedule-positive-cashflow-property/#post-4680953 Wed, 14 Nov 2012 19:03:19 +0000 Thanks Shape and Jamie,

Hopefully all questions i have on here can be answered as easily as that.

]]> b540bf5441717aa9a3c4ba2ca8295b87 Todd Giles replied to the topic Debt reduction v Deposit saving. in the forum Help Needed! https://www.propertyinvesting.com/topic/4398521-debt-reduction-v-deposit-saving/page/2/#post-4615754 Tue, 06 Apr 2010 10:22:58 +0000 none of the loans have any penalties for being payed out earlier, and yeah my plan is to put the $750 f/n towards savings once all the debts are gone, possibly more as i have another interest free loan where $155 comes out which is repayed in early december.  i also have $50 f/n going into another account which i reguarily forget about lol which i…[Read more]

]]> 4baf2e5d5f4843e358dd86682d1363fb Todd Giles replied to the topic Debt reduction v Deposit saving. in the forum Just thought i would give https://www.propertyinvesting.com/topic/4398521-debt-reduction-v-deposit-saving/page/2/#post-4615752 Tue, 06 Apr 2010 06:30:41 +0000 Just thought i would give everyone an update as to where i'm at with getting rid of these debts. I'm also yet to do my tax return for last year.what i started with.                                                           what i have now.    27/01/2010                                                …[Read more]

]]> 82fa3636db4c736e2ad5186f2d5bcc2e Todd Giles replied to the topic Debt reduction v Deposit saving. in the forum Help Needed! https://www.propertyinvesting.com/topic/4398521-debt-reduction-v-deposit-saving/page/2/#post-4615750 Thu, 18 Feb 2010 07:50:01 +0000 Thanks for explaining how the loans work. I've got steve's 0 to 260+ in 7 years book now and am currently about half way through, i've got a DHA property investing seminar on 24th feb, Steve's seminar in sydney on the 24th march. So the educating is going in the right direction. However i think i may have taken a step backwards with the paying off…[Read more]

]]> f0332ccb8b96ba2da1867814cb5a2894 Todd Giles replied to the topic Debt reduction v Deposit saving. in the forum Help Needed! https://www.propertyinvesting.com/topic/4398521-debt-reduction-v-deposit-saving/#post-4615745 Thu, 04 Feb 2010 06:30:12 +0000 Sonya,Would you or someone else be able to explain the whole not paying off the principal amount, sorry not real savvy with the terminology. thanks.

]]> 4adff53f26a4379cde25230de0d8391f Todd Giles replied to the topic Debt reduction v Deposit saving. in the forum Help Needed! https://www.propertyinvesting.com/topic/4398521-debt-reduction-v-deposit-saving/#post-4615741 Tue, 02 Feb 2010 06:02:29 +0000 Has anyone studdied any courses at TAFE or anywhere else to help them with education about property investing?Turns out i may of just taken the interest rates as stated on the NEwcastle Permanent website, rang again this afternoon, was told 12.9% not exactly what i was hoping for lol. Will continue the search for a low interest rate personal loan…[Read more]

]]> 3369a84a07dc5378e4d1e5e104f768b3 Todd Giles replied to the topic Debt reduction v Deposit saving. in the forum Help Needed! https://www.propertyinvesting.com/topic/4398521-debt-reduction-v-deposit-saving/#post-4615738 Sat, 30 Jan 2010 22:26:59 +0000 Thanks Sonya,What affect would having the extra payments just being seen as payments 'in advance' do, am i paying interest on more?I think this may be the case for my loans? From my internet statement for the $6300 @ 16.15% it says.Current balance:  -$6300Remaining term: 33 monthsRepayment:  $115.67Next Repayment Due:  18  Feb 2010 (My next pay i…[Read more]

]]> 99395942c26e10c3d12119dda5251886 Todd Giles replied to the topic Debt reduction v Deposit saving. in the forum Help Needed! https://www.propertyinvesting.com/topic/4398521-debt-reduction-v-deposit-saving/#post-4615736 Sat, 30 Jan 2010 12:48:01 +0000 Thanks everyone for the advice and information.At the moment i think i'm going to go with what most people have said and start with paying off the $6300 at 16.15% first. and then work my way down the percentages. I've been in contact with my other bank (Newcastle Permanent Building Society) in regards to refinancing through a secured personal…[Read more]

]]>