PropertyInvesting.com | tonywwp | Activity https://www.propertyinvesting.com/members/tonywwp/activity/ Activity feed for tonywwp. Tue, 14 Apr 2026 22:59:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8bf5f6e74a1cfb2a11797b4020e8b672 tonywwp replied to the topic Gladstone - The good the bad and the ugly? in the forum General Property https://www.propertyinvesting.com/topic/4400757-gladstone-the-good-the-bad-and-the-ugly/#post-4629257 Sat, 20 Nov 2010 12:43:05 +0000 In response to the original post ‘where to buy in Gladstone” I would suggest buying anywhere around Kin Kora, Kalleentha, Emmerdale, New Auckland, Kirkwood.. these areas are more up market. The coastal suburbs are badly affected by coal dust and alot of the houses full of asbestos. 90% of the investors I have dealt with buying in Gladstone have…[Read more]

]]> 72a6b84a1cc33693cacb8321293f3400 tonywwp replied to the topic Good, Better, Best in the forum Heads Up! https://www.propertyinvesting.com/topic/4398622-good-better-best/#post-4616267 Sun, 14 Feb 2010 23:16:58 +0000 There are some great reports available on where to buy property i.e. Terry Ryder etc, and if you can find any investor clubs in your local area they are a good source of information.. and I mean real investor clubs where like minded people get together not spruikers selling their stock and calling themselves an investors club.

Im my opinion you…[Read more]

]]> 3946ab2d1534abe6a3a70c55acc649bc tonywwp replied to the topic How To Find High Cashflow In, Low Cashflow Out Properties in the forum General Property https://www.propertyinvesting.com/topic/4398714-how-to-find-high-cashflow-in-low-cashflow-out-properties/#post-4616721 Sun, 14 Feb 2010 22:53:14 +0000 Re mining towns, yes you can ride on the back of fast growth there depending on the town and mine location but you really need to know what you are doing and research the fundamentals pretty well. (naturally). Take Pine Creek NT for example 4 years ago you could buy a house for $25,000 and within 2 years they were selling at around $150k – $200k…[Read more]

]]> d974ee04ab67c8e4548b2b8edb48de5f tonywwp replied to the topic Buyers advocates for investors in the forum General Property https://www.propertyinvesting.com/topic/4398735-buyers-advocates-for-investors/#post-4616833 Sun, 14 Feb 2010 21:57:02 +0000 Hi Bob, when buying through a buyers agent you are going to pay hefty fees for their services as you mentioned in your email. Whether you get to buy below market value or not depends on certain variables. In my opinion they could be useful to you if you don’t know how to research a property, or don’t have the time then you pay for someone to do it…[Read more]

]]> 91a066162b5eafa721dc59fbf2c99492 tonywwp replied to the topic Serious advise wanted!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4398732-serious-advise-wanted/#post-4616818 Fri, 12 Feb 2010 22:54:13 +0000 Hi Raslaffin if you sell what are you hoping to gain? It’s cash from the equity right? Then your up for all the costs associated with selling so you loose a whole chunk of money in the process, real estate agent fees, if an investment property then capital gains tax etc etc. Not only is it costly to sell you LOOSE THE GOOSE THATS LAYING YOUR…[Read more]

]]> 2ea5e6786d95ddbe3e40532f33b34eea tonywwp replied to the topic Multi Property Finance problem in the forum Hi MikeI noticed Tony's https://www.propertyinvesting.com/topic/4398731-multi-property-finance-problem/#post-4616789 Fri, 12 Feb 2010 22:39:33 +0000 Hi MikeI noticed Tony's comment up there, he is absolutely spot on.. Ive got 7 properties and now buying #8 and you need a broker who knows what hes doing. I can tell you 100% for sure that bank employees are pressured to not only set up lending structures to give the banks more security but also to sell you all the extra features they can. The…[Read more]

]]> 880d88f54de795686b81a77b1e454bb8 tonywwp replied to the topic Multi Property Finance problem in the forum Finance https://www.propertyinvesting.com/topic/4398731-multi-property-finance-problem/#post-4616785 Fri, 12 Feb 2010 08:31:24 +0000 Hi Mike, good topic and one that will affect anyone building a portfolio. Basically what has happened in your case is the bank has cross secured or cross collateralised (same thing) your loans in order to give the lender more security and control over your properties. Worst case if you default on one of your loans they can sell out from under…[Read more]

]]> d0047f4a55b46f9949163f60052ad571 tonywwp replied to the topic Value of kitchen reno? in the forum Value Adding https://www.propertyinvesting.com/topic/4398426-value-of-kitchen-reno/#post-4615054 Fri, 12 Feb 2010 07:05:02 +0000 Hi Ken, I do alot of renos myself and regarding kitchen, if the carcass isn’t too bad tend to leave as much in place as possible and facelift i.e. bench-tops, doors and draw fronts.. you can cheat a little with dodgy edges of shelving by fixing white plastic angle along the edges and of course re surface dodgy shelves with white contact. Replace…[Read more]

]]> dd3f5f7259f4c2c71003cb9e78bd3726 tonywwp replied to the topic NRAS Investments in the forum General Property https://www.propertyinvesting.com/topic/4396465-nras-investments-2/page/2/#post-4605203 Fri, 12 Feb 2010 05:50:07 +0000 Just be aware with NRAS that mortgage insurers will not go near it so you are limited to which lenders will fund. As far as I know max LVR is around 80%. This may not be attractive to investors later down the track if you ever want to sell.
Best Regards
Tony Born
Senior Mortgage Consultant
tony@wealthwithproperty.net
0407 617 141

]]> 0b91046af672799916204e4295189250 tonywwp replied to the topic How To Find High Cashflow In, Low Cashflow Out Properties in the forum General Property https://www.propertyinvesting.com/topic/4398714-how-to-find-high-cashflow-in-low-cashflow-out-properties/#post-4616717 Fri, 12 Feb 2010 05:45:27 +0000 My advise is do your homework, is the deal really positively geared? If you use equity to cover deposit and costs so no money out of pocket so to speak no matter what loan to value ratio you purchase you are still borrowing 100% to buy the property. In todays environment pos geared at 100% lend would be impossible. BUT there are some high rental…[Read more]

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