PropertyInvesting.com | traceyimb | Activity https://www.propertyinvesting.com/members/traceyimb/activity/ Activity feed for traceyimb. Sun, 12 Apr 2026 02:45:03 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f1563f688d67ec2febc955de4f63040c traceyimb replied to the topic Non Full Disclosure = Mortgage Fraud in the forum Finance https://www.propertyinvesting.com/topic/4403282-non-full-disclosure-mortgage-fraud/#post-4645407 Mon, 27 May 2013 13:52:31 +0000 Hmmm….  I think all mortgage brokers have been asked not to disclose the full facts.  I had someone call me last week and ask if he could buy a home and claim the FHOG. But his defacto has already received it in QLD.  But he said that was in a previous relationship and it wasn't fair he couldn't claim it. Yes, she was going to be on the title…[Read more]

]]> 4256d4cee22b6bf41c50acd7e29cc1e5 traceyimb replied to the topic Switching banks and refinancing help in the forum Hi Paul,  If you are going to https://www.propertyinvesting.com/topic/4409414-switching-banks-and-refinancing-help/#post-4691183 Mon, 27 May 2013 13:37:44 +0000 Hi Paul,  If you are going to fix then it is a good idea to access the equity you need for renovations at the same time. You could have the existing loan fixed and then a LOC or an interest only loan with offset for your renovation.  Fixing removes the flexibility and you don't want to get stuck and then not be able to borrow what you need.  The…[Read more]

]]> be801339a18b59ee4662c568fd97ba78 traceyimb replied to the topic Banks offering no LMI payment in the forum Finance https://www.propertyinvesting.com/topic/4409426-banks-offering-no-lmi-payment/#post-4691288 Mon, 27 May 2013 13:15:13 +0000 Hi Lila, Is the loan secured to both properties?  If you split the loan and don't cross-collateralise then your mortgage insurance premium will be lower. The lower the loan amount the lower the premium. 

]]> 57dd4864dbea6f37a9fed2054f410e53 traceyimb replied to the topic Perth investing groups and mentors in the forum Help Needed! https://www.propertyinvesting.com/topic/4404691-perth-investing-groups-and-mentors/#post-4655607 Sun, 18 Sep 2011 02:21:33 +0000 Hi Sandtrackers,The Property Investor Network meetings are available again and our next one is on Tuesday 20th at 7pm at the Perth Convention Centre. It's free to come to the meetings, there is no hype and hard sell and there is free information on our website that may be helpful for you.  We have a speaker each meeting that covers one area of…[Read more]

]]> 527402030ddfdad1e5ebdd83484c04f7 traceyimb replied to the topic Best Way To Purchase Another Investment Proptery - Offset Money/IP Equity/95% LVR? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404720-best-way-to-purchase-another-investment-proptery-offset-moneyip-equity95-lvr/#post-4655920 Sun, 18 Sep 2011 02:09:23 +0000 Hi RyanJD,If very important that if you use the current lender you don't allow them cross-collateralise the properties. They may tell you this is how it is done and yes that's true in bank world but it's not the only way and you need to protect your position and keep the flexibility to change, sell or refinance in your portfolio without getting &q…[Read more]

]]> 338ffddf4f03b5703d10dbf76c1d09e4 traceyimb replied to the topic Interest only loans with offset in the forum Help Needed! https://www.propertyinvesting.com/topic/4402630-interest-only-loans-with-offset/#post-4640774 Fri, 25 Feb 2011 04:58:30 +0000 Hi Property Info,Westpac also has 10 yrs Interest only with an offset account.Brokers can negotiate with banks for you and as we are often doing this can advise you on what likely interest rate discount you may receive.  The LVR, loan amount can impact the amount of the discount and it depends on the market.The banks are pricing, offering…[Read more]

]]> 2a41133e450501543169854892b51768 traceyimb replied to the topic Anyone heard or dealt with ozhomemortgage.com.au/ in the forum Help Needed! https://www.propertyinvesting.com/topic/4402868-anyone-heard-or-dealt-with-ozhomemortgage-com-au/#post-4642498 Thu, 24 Feb 2011 14:26:09 +0000 Hi,Sounds dangerous and yes if you have it right is sounds like a scam.  Be careful. If you are going to buy and hold just do some research in good metro areas.  Kind Regards,Tracey

]]> abb8169cf92849b625c3b594a54b3a44 traceyimb replied to the topic Advice Making Offers for 1st IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4402887-advice-making-offers-for-1st-ip/#post-4642672 Thu, 24 Feb 2011 14:16:26 +0000 Hi WinnY,You don't have to inspect the property (although personally I would if it is in the same area as I live).  Your brother can make a verbal offer and the agent can come and visit you both after hours to sign up the paperwork.  Yes, agents can do this to sell a property.  If all property could only be sold during office hours when most pe…[Read more]

]]> 0e8a99fec6ad4fc98b62c45e42aad3e8 traceyimb replied to the topic Novice needing HELP! in the forum Help Needed! https://www.propertyinvesting.com/topic/4400463-novice-needing-help/#post-4627547 Wed, 07 Jul 2010 04:57:28 +0000 Hi Noobie,Why don't you give Stuart Wemyss from ProSolution a call.  I believe his firm is financial planning and mortgage brokers and he is well regarded in the industry.  He used to come onto the forum a bit so you may see some posts from him.  He regularly writes for API magazine.  I think he has a few specialist brokers working in his off…[Read more]

]]> 38aeef9f06a32fca574fc541df676bee traceyimb replied to the topic Legal implications in Tenants in Common and the Perth IP Market in the forum Hi, I saw some brand new https://www.propertyinvesting.com/topic/4400470-legal-implications-in-tenants-in-common-and-the-perth-ip-market/#post-4627587 Tue, 06 Jul 2010 15:38:25 +0000 Hi,I saw some brand new apartments a couple of weeks ago called Southpoint apartments.  I think they were in O'Connor or Samson.  I was thinking Kewdale, Bentley, Cannington, Hamilton Hill and the newer areas down around Success.  There are definitely new or almost new apartments in Success for around $310K – $320K.  Right near the train and th…[Read more]

]]> b05d809c35cd0c9c51b0d255105e8825 traceyimb replied to the topic Legal implications in Tenants in Common and the Perth IP Market in the forum Help Needed! https://www.propertyinvesting.com/topic/4400470-legal-implications-in-tenants-in-common-and-the-perth-ip-market/#post-4627585 Tue, 06 Jul 2010 14:40:50 +0000 Hi Housegoodies,I believe that the warning is about the type of housing in Balga as there is a lot of government housing.  Typically areas like this would have lower capital growth. You would need to be very careful choosing the property and check out what is next door and behind too.  There is a lot of sub-division going on in Balga but I doubt y…[Read more]

]]> aed01239320da9c9e89fc4d45991ea72 traceyimb replied to the topic LoDoc Loans after 1/7 in the forum Finance https://www.propertyinvesting.com/topic/4400476-lodoc-loans-after-17/#post-4627616 Tue, 06 Jul 2010 10:55:11 +0000 Hi William,I originally thought that there would be no more low docs after 1 July.  Perhaps that will be after 1 Jan 2011.  I think it will definitely slow things down in the low doc market as brokers will be asking for BAS statements and bank statements now.I notice that you have licensed finance broker on your post.Probably in your signat…[Read more]

]]> ecef8259bee9376b49ac0f22d69d1af8 traceyimb replied to the topic Development Feasibility Spreadsheet in the forum Finance https://www.propertyinvesting.com/topic/4400355-development-feasibility-spreadsheet/#post-4626918 Wed, 30 Jun 2010 06:11:19 +0000 Hi Mrs Property,There are some free spreadsheets available on http://www.propertyinvestornetwork.com.auHope this helps.Tracey

]]> 3004d32c1eac2af5923cc9b8882c2deb traceyimb replied to the topic I am drowning in Accounts in the forum Finance https://www.propertyinvesting.com/topic/4398947-i-am-drowning-in-accounts/#post-4618116 Mon, 08 Mar 2010 11:48:59 +0000 Hi DGE,It is possible to consolidate the LOC into the home loan.  You may be able to restructure this within the same lender and reduce the interest rates across all accounts.  Interest rates have just increased though by 0.25% with most lenders so the rates will be higher than these you have listed. If you did this direct with a bank you may f…[Read more]

]]> 6abdc996da234e03d81ce1dc7890da7a traceyimb replied to the topic Over looking i need a Pro who deals with Investing?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399046-over-looking-i-need-a-pro-who-deals-with-investing/#post-4618876 Mon, 08 Mar 2010 11:13:37 +0000 Hi Peter,What state do you live in? Are you looking for a new property or one that you can add value to?I may be able to refer you to someone and I am sure there are a lot of other people on the forum that can make recommendations too.Cheers,Tracey

]]> 7c7771e5bbd4f00a36777b946ef07354 traceyimb replied to the topic due diligence on property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399042-due-diligence-on-property/#post-4618834 Mon, 08 Mar 2010 07:00:34 +0000 Hi Kim C,I agree with the points Richard has made.  You didn't mention if you live in the area or not but have a look at the suburb as a whole and even contact the existing tenant to ask how things are going with the property.  There may be other owners/tenants in the building that you can talk to.Most people are happy to answer general qu…[Read more]

]]> 6adf6f74f682b33052d62c7f9f15e762 traceyimb replied to the topic mortgage broker in the forum Help Needed! https://www.propertyinvesting.com/topic/4399013-mortgage-broker-7/#post-4618636 Sun, 07 Mar 2010 09:52:53 +0000 Hi Wealthyjvd,There are quite a few requirements to become a mortgage broker.Cert IV Financial ServicesMFAA membership (and an existing MFAA to mentor you)Professional Indemnity InsuranceCOSL MembershipAccreditation with the lendersSequal accreditation (if you are doing reverse mortgages)ASIC registration and  licence (this year ASIC is starting…[Read more]

]]> 2e1e138af1c09be29fbac405f9dfd4b9 traceyimb replied to the topic Can I get my deposit back? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398911-can-i-get-my-deposit-back/#post-4617934 Sun, 07 Mar 2010 09:20:48 +0000 Hi Moose,There are quite a few problems with some builders at the moment.  They had a huge rush with the end of the First Home Owners Boost and it appears a fair few of them have signed up too many new customers and cannot deal with the demand.I would request the deposit back.  Speak to the manager of the sales person and request the refund.You ca…[Read more]

]]> 79c27bef31d813b7e7a368ad0aed22d3 traceyimb replied to the topic Finance for block of 3-4 units in the forum Finance https://www.propertyinvesting.com/topic/4398751-finance-for-block-of-3-4-units/page/2/#post-4616974 Wed, 24 Feb 2010 04:03:33 +0000 Hi GOM,Thanks for the question. Yes, It is possible. I have contacted the bank and double checked this prior to making this post by way of requesting a question answer format which I am pasting below.  I have asked questions which I think will cover what most people would want to know.The bank's reply is in red.  I have not changed the word…[Read more]

]]> 0ec83c33b06ba06a43271b567f5cb1c9 traceyimb replied to the topic Finance for block of 3-4 units in the forum Hi Richard, I think you have https://www.propertyinvesting.com/topic/4398751-finance-for-block-of-3-4-units/page/2/#post-4616970 Tue, 23 Feb 2010 07:45:48 +0000 Hi Richard,I think you have misunderstood my post but no harm done.  I don't want to have a disagreement.  I didn't say it's impossible to do 6 units.  I was replying directly to the original post to let them know it is possible to do the 4 units at 80% LVR at resi rates with Commbank.  Just trying to help a fellow investor who may need help  [Read more]

]]> cf2fbb5156b4fc03ed275c0b19f394b9 traceyimb replied to the topic Finance for block of 3-4 units in the forum Finance https://www.propertyinvesting.com/topic/4398751-finance-for-block-of-3-4-units/#post-4616968 Tue, 23 Feb 2010 04:41:56 +0000 Hi GOM,It is possible to do 4 units on a single title.  Must be established, not construction or off the plan.  Can be company, trust or personal names.  4 is the max at 80% LVR. Full doc only.You mention securing to PPOR, but even if you did need to use equity in PPOR I would secure separate loan to PPOR and not cross-collateralise.  You can use…[Read more]

]]> fcc69d68c995097ffd973d746f9a8fca traceyimb replied to the topic Newbe, where do i start? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398850-newbe-where-do-i-start/#post-4617534 Mon, 22 Feb 2010 10:36:38 +0000 Hi David,I am visiting UK for the first time in August. Really looking forward to it.  3 weeks without the 4 kids, 2 cats and the dog. Just me and hubby travelling around visiting friends and family. What part of Australia are you moving to?You are at the right website if you want to find out more about buying without deposits and finding out d…[Read more]

]]> 6ca77c646c162c36d7f0f30bb7de8a97 traceyimb replied to the topic Recommended building inspectors + settlement agents in PERTH in the forum Help Needed! https://www.propertyinvesting.com/topic/4397892-recommended-building-inspectors-settlement-agents-in-perth/#post-4611760 Sat, 28 Nov 2009 01:18:55 +0000 Hi Wisepearl,Here is a list of building and pest inpecting companies.  I recently purchased a property too and this is the list I was given.  I ended up using A1 which did a good job and emailed me the reports within 24 hours.Cheers,Tracey A1 Home & Building Inspections PO Box 185 Kingsway WA 6065 ph: (08) 9278 2794 Structural Building In…[Read more]

]]> f1524f92fa9fdfb39422c3d14316f0b1 traceyimb replied to the topic What is your structure??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4397909-what-is-your-structure/#post-4611904 Sat, 28 Nov 2009 01:10:43 +0000 Hi Act09,I agree with Richard.  Be careful with your structure.  You may find you have a lot of hoops to jump through when it gets to financing the deal.  Speak with your broker or bank and ask the issues in getting finance in the structure you have decided upon BEFORE you set it up.  Some investors have set up complicated structures only to fin…[Read more]

]]> 83d8a4be54c46ea34d411f1f12588591 traceyimb replied to the topic What is your structure??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4397909-what-is-your-structure/#post-4611903 Sat, 28 Nov 2009 01:10:21 +0000 Hi Act09,I agree with Richard.  Be careful with your structure.  You may find you have a lot of hoops to jump through when it gets to financing the deal.  Speak with your broker or bank and ask the issues in getting finance in the structure you have decided upon BEFORE you set it up.  Some investors have set up complicated structures only to fin…[Read more]

]]> a2e6ad470e1811e6c3b8c9707cbc3243 traceyimb replied to the topic Help Needed - Starting Out in the Finance Game!! in the forum Finance https://www.propertyinvesting.com/topic/4397887-help-needed-starting-out-in-the-finance-game/#post-4611743 Sat, 28 Nov 2009 01:01:44 +0000 Hi Matt,As you are a mobile lender with a bank I am sure they will be feeding you leads so should have a head start.  My advice would be to set expectations to the timeframes that your bank is working with.  Know the credit policy, mortgage insurer's policy and every product you have. Stay in touch and always let them know where their loan a…[Read more]

]]> cf390b23f6e5bd39ac4cfc2077426759 traceyimb replied to the topic Subdivision Codes (Perth) in the forum Further to my post from 3 https://www.propertyinvesting.com/topic/4380874-subdivision-codes-perth/#post-4520815 Sun, 31 Aug 2008 07:36:00 +0000 <font color=”#000000″>Further to my post from 3 years ago. It amazes me but I am still getting emails requesting the r codes – which is great to see that so many people are going through the forums on propertyinvesting.com to learn more about investing.  To make it easier for everyone and to get the information instantly it is also available on < …[Read more]

]]> 9a47654a84f71c2cf312d538e15bc861 traceyimb replied to the topic Subdivision Codes (Perth) in the forum Value Adding https://www.propertyinvesting.com/topic/4380874-subdivision-codes-perth/#post-4520815 Sun, 31 Aug 2008 07:36:00 +0000 Further to my post from 3 years ago. It amazes me but I am still getting emails requesting the r codes – which is great to see that so many people are going through the forums on propertyinvesting.com to learn more about investing.  To make it easier for everyone and to get the information instantly it is also available on http://www.propertyinvestornetwo&hellip;[Read more]

]]> 10539860673bdbe94e7542b2a962e950 traceyimb replied to the topic Mentor / Property Clubs in Perth in the forum Heads Up! https://www.propertyinvesting.com/topic/4393158-mentor-property-clubs-in-perth/#post-4586629 Sun, 31 Aug 2008 07:28:09 +0000 Hi Mooki,We have a group that meets once a month in Perth called the Property Investor Network.  Anyone from any state can join though and get access to information on the website.  Benefit is that it is free.  You can check it out at http://www.propertyinvestornetwork.com.auKind Regards,Tracey

]]> bdad2a29c17d85242f3ec81b66a83e87 traceyimb replied to the topic 95% vs 80% in the forum Finance https://www.propertyinvesting.com/topic/4383745-95-vs-80/#post-4538389 Mon, 09 Jan 2006 14:28:04 +0000 Hi Magic32,

It really depends on what you can afford. It looks like you have a good disposable income and high borrowing capacity.

If you want to get maximum properties in the short term and make the most of your capital then 95% with LMI is the way to reach your goals sooner.

With a redraw facility you can redraw up to the loan amount only,…[Read more]

]]> 9006afe9c3c49638f98e65a3eaafcd9b traceyimb replied to the topic Subdivision Codes (Perth) in the forum Value Adding https://www.propertyinvesting.com/topic/4380874-subdivision-codes-perth/#post-4520814 Sun, 26 Jun 2005 07:46:48 +0000 Hi,
If the property has dual zoning eg: R17.5/R30 then either of these can apply. You have to get all the normal council approvals.
I have a copy of the R-codes and can email it to anyone who wants a copy. Just send me an email.
Regards
Tracey

tracey@propertyfinanceonline.com.au

]]> 37b68e001a9cd9e130ea72d542ac6afe traceyimb replied to the topic Stamp duty now payable on Options in WA! in the forum Creative Investing https://www.propertyinvesting.com/topic/4380903-stamp-duty-now-payable-on-options-in-wa/#post-4520990 Sun, 26 Jun 2005 07:33:13 +0000 Hi Apostle,
As far as I am aware the stamp duty is only payable on the option fee. Unless this has changed in the last 12 months??

Here is the answer I received (over the phone): Stamp duty is payable on the option fee because this is all the contract is worth when stamp duty is payable. When the option is exercised then the stamp duty is…[Read more]

]]> ecf0fdd37925702186b080821e345517 traceyimb replied to the topic Help me beat the banks/finance needed so I can sel in the forum No Subject https://www.propertyinvesting.com/topic/4375842-help-me-beat-the-banksfinance-needed-so-i-can-sel/#post-4488829 Tue, 14 Sep 2004 12:21:23 +0000 Greg,
Is it a studio/bedsit or is does it have a separate bedroom? If a studio it is possible to get finance if it is under 35sqm. I am assuming it is inner city.
If you want to sell by vendor finance or lease option can you please send me the details to my email address.
Regards
Tracey[biggrin]

tracey@mastersgroup.biz

]]> 37d56f5bc2e2b1ddc35d5b48a8ff8f9c traceyimb replied to the topic Flips, Flicks and legal hot water...??? in the forum Creative Investing https://www.propertyinvesting.com/topic/4376031-flips-flicks-and-legal-hot-water/#post-4489909 Tue, 14 Sep 2004 12:12:57 +0000 Hi Luke,
Long time no see. I hope everything is going well for you. As far as I know in WA you have to pay the stamp duty in a flip and you don’t need an agent licence. Best idea would be to contact the Dept of Consumer and Emp. Protection and State Revenue and they should be able to give you advice over the phone. I hope to catch up with you…[Read more]

]]> 5d9323d614378164a42edd11bf6841fc traceyimb replied to the topic Is 59 too old to get Bank Finance?? in the forum Finance https://www.propertyinvesting.com/topic/4375523-is-59-too-old-to-get-bank-finance/#post-4486867 Sat, 21 Aug 2004 14:37:08 +0000 Hi Greg,
If he’s earning $100K a year he should have great super. This can make a big difference when an older person applies for a loan. If the lender can see he can pay it out at retirement or will have a good income from his super it is much easier. He can contribute a fair bit to super at his age too, so it may be adding up quite…[Read more]

]]> dbbaeab0f0f6246f6179496ac26d6db5 traceyimb replied to the topic Wraps illegal in WA (?!) in the forum Creative Investing https://www.propertyinvesting.com/topic/4375341-wraps-illegal-in-wa/#post-4485560 Sat, 21 Aug 2004 14:12:39 +0000 Hi Teeks,
Wrapping is not illegal in WA and yes you will need your credit providers licence. It can take 6-12 weeks to get one. If you have the application already then you know there is a heap of things you need to organise.

You can take the UCCC test on the MIAA website, I think it costs about $110. It is a requirement you have an…[Read more]

]]> 22f8a184415ed99b65003525abe31e84 traceyimb replied to the topic Perth Property Investor Network in the forum Heads Up! https://www.propertyinvesting.com/topic/4374207-perth-property-investor-network-3/#post-4477300 Wed, 02 Jun 2004 14:10:03 +0000 Hi Ausprop,

Can you please email me and let me know who you are?

I am sorry about having the meeting on a Friday night, but guest speaker can only do Friday. He is fantastic so you will be missing out if you don’t come.

I would only be at home watching TV anyway. You can always go out after the meeting. Although, I never get away before…[Read more]

]]> b456913876948a4e695a45192bd3cf80 traceyimb replied to the topic Perth - where to invest? in the forum No Subject https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/2/#post-4469707 Wed, 02 Jun 2004 13:55:06 +0000 Hi Adams25,
Spearwood, Hammy Hill and Bibra Lake are OK but Coolbellup – is there still much potential there?I spent about 2 hours driving around there a couple of days ago and I didn’t like the area at all. I would look around the Kwinana area before Coolbellup. Just an opinion.
Cheers
Tracey[biggrin]

tracey@mastersgroup.biz

]]> af948c6b4641dffcf2b77f8314236244 traceyimb replied to the topic line of credit 4.49% in the forum Finance https://www.propertyinvesting.com/topic/4373849-line-of-credit-4-49/#post-4474694 Fri, 28 May 2004 13:17:21 +0000 Hi everyone,
This does sound like a split loan. So no it’s not tax deductible. If it sounds to good to be true it usually is. Don’t walk run.
Good luck[biggrin]
Tracey

tracey@mastersgroup.biz

]]> 11c35b4f97e6e0dc7236e80d2974f1c5 traceyimb replied to the topic New Australian Resident in the forum No Subject https://www.propertyinvesting.com/topic/4373309-new-australian-resident/#post-4470588 Sat, 01 May 2004 13:13:26 +0000 Hi Peter,
I am assuming he is an Australian Citizen or a Permanent resident and he is returning to Oz. If this is right he can borrow up to 80% as soon as he is working full-time PAYG and not under probation. Of course his wage would have to service the loan.
Regards
Tracey[biggrin]

tracey@mastersgroup.biz

]]> 5e89ad3807a807e2ef3ff1d79e4cca45 traceyimb replied to the topic Owners from hell !!! in the forum General Property https://www.propertyinvesting.com/topic/4373264-owners-from-hell/page/2/#post-4470250 Sat, 01 May 2004 12:51:43 +0000 Dear Marc,
I was thinking RussH may be a west aussie as there is a lot of country properties at this price. Heaps!!! I am a West Aussie too! To find out what state somebody is from just click on their name and its on their profile!! I checked it out and yep I’m right.
Regards
Tracey[biggrin]

tracey@mastersgroup.biz

]]> 871ceed6b2337f315fea09214432c31d traceyimb replied to the topic Im in a hole........ in the forum Finance https://www.propertyinvesting.com/topic/4373291-im-in-a-hole/#post-4470440 Fri, 30 Apr 2004 11:35:00 +0000 MrVip,
I am not sure of your age but if you can move back parents place that could help on living costs. There is community financial counselling available for people who get into trouble in some areas. You may find out some information at the Centrelink office, they often have a big range of pamphlets with information. If you can’t get help…[Read more]

]]> 786e7a93261c4d6fddbf7873fe51d1c4 traceyimb replied to the topic Perth - where to invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/#post-4469685 Fri, 30 Apr 2004 11:19:03 +0000 Hi Yarwood,
I am currently looking at Yangebup and Southlake (some areas are better than others). I am checking out properties in Ferndale and Lynwood too. what about Queens Park or Mandurah? All for +CF.
Regards
Tracey[biggrin]

tracey@mastersgroup.biz

]]> 69c38315d85cee87e5238d188d65b2dd traceyimb replied to the topic +CF question ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4373353-cf-question/#post-4470921 Fri, 30 Apr 2004 10:58:26 +0000 Dear Age,
How far would you be ahead(or behind) if you owned 10 or 20 properties? Negative gearing with a positive cashflow will only work for a few properties. Then you start to go backwards.
Regards
Tracey[biggrin]

tracey@mastersgroup.biz

]]> 1f74275215810e096dbbf717b481ca28 traceyimb replied to the topic Too big Too soon? in the forum No Subject https://www.propertyinvesting.com/topic/4373014-too-big-too-soon/page/2/#post-4468361 Thu, 22 Apr 2004 14:00:47 +0000 Hi Alby,

If you are not interested in buying it, let me know where it is and the agent too please.

Consider using a broker when you want to buy more than 3 units in the same development. They can help you obtain finance from two different lenders and you may not need to go commercial.

The overall cost of the property is not high, the reason it…[Read more]

]]> eeec112b9f40227c1238eafa39731080 traceyimb replied to the topic Perth Property Investor Network in the forum General Property https://www.propertyinvesting.com/topic/4373047-perth-property-investor-network-2/#post-4468551 Thu, 22 Apr 2004 13:46:20 +0000 Hi Redwing,
Have we met? Yeah, I’ve been busy. Renovating so I have more equity so I can get even more money! Now I am looking for deals. I haven’t been on the forum for quite a while!

I am busy, busy, with my mortgage broking. Always looking for more business. Vendor finance is growing fast here and I am getting more and more enquiries for…[Read more]

]]> 74e826d2c2d29070530fcf82590ffca7 traceyimb replied to the topic Investing when bordering on retirement...no hope?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4373087-investing-when-bordering-on-retirement-no-hope/#post-4468840 Thu, 22 Apr 2004 13:21:18 +0000 No, it’s not too late. They can get an asset lend against their own house quite easily. Then again with any new property. They will also have rent to use for serviceability which may help them borrow more. Asset lends are generally 65% – 75% LVR.
Good luck!
Tracey[biggrin]

tracey@mastersgroup.biz

]]> b41766c9226d63a91401272459d7e77a traceyimb replied to the topic Canberra property investors in the forum General Property https://www.propertyinvesting.com/topic/4372973-canberra-property-investors/#post-4468132 Tue, 20 Apr 2004 07:48:23 +0000 Hi Steve,
It looks like you may be the organiser. Can you please let me know when your first meeting will be? I am setting up a company with family in Canberra and I could send them along to get educated. They can discuss our deals too. We are in Perth so its a bit far …
Thanks
Tracey[biggrin]

tracey@mastersgroup.biz

]]> ef640a88e5d8e7b11ff2823037635931 traceyimb replied to the topic finance in the forum No Subject https://www.propertyinvesting.com/topic/4368406-finance-4/#post-4431669 Thu, 02 Oct 2003 12:26:02 +0000 Hi ozzpom,
If you are coming to WA contact me and I will be happy to help. [:D]
Tracey

tracey@mastersgroup.biz

]]> 0fe6a687e38ef6e968f7efd805779800 traceyimb replied to the topic LAW KIT in the forum Hotch Potch https://www.propertyinvesting.com/topic/4368426-law-kit/#post-4431760 Thu, 02 Oct 2003 12:20:44 +0000 [:D]I have done this once before in NSW, it was a total headache and I would not recommend it to anyone. I was the vendor and I ended up hiring a solicitor to do it. The kit was a waste of money. When I called up the helpline as I had a problem with the title search they did not help at all!! My advice – use a professional.
Has anyone else had a…[Read more]

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