PropertyInvesting.com | Ty | Activity https://www.propertyinvesting.com/members/ty/activity/ Activity feed for Ty. Fri, 17 Apr 2026 12:40:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 b805c79ac9bb683149e91ea444428189 Ty replied to the topic A question on finance using current IP in the forum No Subject https://www.propertyinvesting.com/topic/4381007-a-question-on-finance-using-current-ip/#post-4521752 Sun, 03 Jul 2005 21:53:19 +0000 Thanks Guys this is really great info i really appreciate it.
So let me get this right, i can use the 1st IP as a deposit and then borrow the other 80%, so would i be able to pay the mortgage section off first or would it be there for the life of the loan????
now if i wanted to get 2 more IP’s could i use 40% mortgage divided over the 2 new IP’s…[Read more]

]]> 3bae5ac6fd3357cc33053d26a81b0383 Ty replied to the topic A question on finance using current IP in the forum No Subject https://www.propertyinvesting.com/topic/4381007-a-question-on-finance-using-current-ip/#post-4521744 Sat, 02 Jul 2005 13:59:20 +0000 Ok
At this point in time my brother only owes about $10k on the property, so i don’t think that that will be a problem.
once i beat him into submission to sign the loan documents, where do i go from there???
do i take the loan out and use the house as a guarantee on the loan or is there a better way ie Equity mate. not that i now how that works…[Read more]

]]> 94a15ad1f0da0dd5d3b48cf47f077bb7 Ty replied to the topic chattel depreciation question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378868-chattel-depreciation-question/#post-4507357 Tue, 01 Mar 2005 03:51:55 +0000 Ronulas

I asked a simular question not long ago and was put on to this address

http://www.ato.gov.au/individuals/content.asp?doc=/content/42782.htm

This explained everything that i needed to now, give it a try, i learnt a hell of a lot from it.

Ty

Go hard or go home

]]> fcd40f857dca2fba94489393a16d8d50 Ty replied to the topic what can you claim for tax??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378686-what-can-you-claim-for-tax/#post-4506215 Tue, 15 Feb 2005 22:45:23 +0000 ok guys

I have started to read the stuff on the ato web site that derek informed me of, the way i read it, if i have a loan to add the extra room on, i can claim all the interest incured on the loan. Am i reading this correct????
As for the depreciation, i can claim this each year but only get a certain % back each year, but can the new room be…[Read more]

]]> 1e9ef1f5c843af9d72631ce74efd93fa Ty replied to the topic what can you claim for tax??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378686-what-can-you-claim-for-tax/#post-4506213 Mon, 14 Feb 2005 22:47:16 +0000 Thanks Derek and Dram’s this infomation is great it’s just what i wanted sorry needed to now.
Just to extend on it a bit more, we are looking at building another bed room on the house, the rest of the house is old can we do the depreciation on the new extension??

Ty

]]> d88f4af8f18ff1f853ec7217d7bf3195 Ty replied to the topic Partnership Trusts in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378628-partnership-trusts/#post-4505916 Thu, 10 Feb 2005 23:25:17 +0000 hI gUYS.

I AM VERY INTERESTED IN WHAT YOU GUYS ARE TALKING ABOUT AS I AM ABOUT TO START INVESTING WITH MY BROTHER, TROUBLE IS I DIDN’T UNDERSTAND ANYTHING THAT YOU HAVE MENTIONED HERE IF YOU COULD EXPLAIN IT A BIT FOR ME IT WOULD BE GREATLY APPRECIATED. WE HAVE ONLY DECIDED TO GO PARTNERS OVER A FEW BEERS AT XMAS SO I HAVEN’T LOOKED INTO IT THAT…[Read more]

]]> 543b7d7142396195b65be8468895d2f5 Ty replied to the topic Am I doing numbers right? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378576-am-i-doing-numbers-right/#post-4505555 Wed, 09 Feb 2005 05:58:29 +0000 Collie

One thing to look at is if you are going to rip up the carpet and polish the floor boards, how old is the house/floor boards, what type of timber is it and in what sort of condition are they in. might be an idea to go under the house and have a look at them to make sure they are in good condition or that reno figure could blow out in a big…[Read more]

]]> 55aad30cba42b492dfbbfadb6f574e35 Ty replied to the topic A question on stamp duty in the forum Help Needed! https://www.propertyinvesting.com/topic/4378549-a-question-on-stamp-duty/#post-4505444 Tue, 08 Feb 2005 22:36:58 +0000 Thanks for the input people.
Tony the house is actually in Tassie, my brother only paid $15000 for it 5 years ago, has spent around $15000 extra on it but is in short supply of cash to finish the reno’s, and wants me to put in $15,000 for a half share(it is worth approx $150,000 now), i will have a look at the web site you posted and see if there…[Read more]

]]> e1b3b4ad79ae06570664d98b179e9b2b Ty replied to the topic Cashflow Caravans in the forum Help Needed! https://www.propertyinvesting.com/topic/4377932-cashflow-caravans/#post-4501760 Fri, 04 Feb 2005 01:25:30 +0000 I have been thinking about doing the same thing but the Van i was looking at has a long term tenant in it already(old couple) and think that if the van you are buying is in the same boat with a long term lease i couldn’t see a problem. Remember to check out other costs though, ie rental of the caravan park lot etc would have to be factored in and…[Read more]

]]> 1aa9c3e41968be6dc33f9a0085bb07af Ty replied to the topic Advice on Financing my great deal in the forum No Subject https://www.propertyinvesting.com/topic/4378322-advice-on-financing-my-great-deal/#post-4504191 Fri, 04 Feb 2005 00:49:15 +0000 Terryw

He paid cash for the house 5 years ago, but due to his work(dairy farmer) he doesn’t have the time or money to finish the repairs. I am currently in the Navy and am going to Iraq for 6 month and will come back with an extra $30,000 for being there so i will be paying him in cash as well. i can understand that you think it is a deal to good…[Read more]

]]> 4bf1f3c0732399eefed4f80bc6d5435b Ty replied to the topic West Coast of Tasmania in the forum No Subject https://www.propertyinvesting.com/topic/4376598-west-coast-of-tasmania/page/2/#post-4493651 Thu, 20 Jan 2005 05:19:17 +0000 Hi Neo

As i have previously stated i am originally from tassie on the north west coast(Burnie). personally i would have stayed away from Q’town, yes the house was probably cheap but the number of possible tenants in the area is pretty stagnent and as you said yourself the mine barely escaped liquidation, this has alarm bells ringing for me…[Read more]

]]> 2e05b95988e25fcce51a90f089258cb8 Ty replied to the topic West Coast of Tasmania in the forum General Property https://www.propertyinvesting.com/topic/4376598-west-coast-of-tasmania/#post-4493647 Wed, 19 Jan 2005 02:34:52 +0000 Hi Rav

Thanx for the input, the $120 a week rent is a figure that is on the low side for the area(smithton) and the reason i stated that is because i work on the theory of the lowest figure and if i get more than that it’s a bonus. At the moment the problem is not the contracts between me and my brother it’s trying to get my wife to understand…[Read more]

]]> efe6a076b97dd1716144adff6bb386de Ty replied to the topic West Coast of Tasmania in the forum General Property https://www.propertyinvesting.com/topic/4376598-west-coast-of-tasmania/#post-4493645 Wed, 19 Jan 2005 00:26:01 +0000 Hi All

this is my first message so bare with me
Being originally from Tassie(Burnie) i have considered trying to buy property down there but was informed that it was hard to find positive c/f property. i read Steve’s book about a year ago and have been trying to get into the property market ever since but i am finding it hard to get the cash up…[Read more]

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