PropertyInvesting.com | wendywoo | Activity https://www.propertyinvesting.com/members/wendywoo/activity/ Activity feed for wendywoo. Sun, 12 Apr 2026 22:24:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ebaf562052d31cef59e457695227270f wendywoo replied to the topic NRAS for Dole/low income earners? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408180-nras-for-dolelow-income-earners/#post-4681737 Thu, 29 Nov 2012 08:53:08 +0000 Also, all the details of the tenant were sent to me and I was able to give my approval or otherwise for that person.

]]> ba60edbdb63ff68a873d61d475ef933a wendywoo replied to the topic NRAS for Dole/low income earners? in the forum Help Needed! https://www.propertyinvesting.com/topic/4408180-nras-for-dolelow-income-earners/#post-4681736 Thu, 29 Nov 2012 08:51:12 +0000 Aussieguy,
I have an NRAS house in Queensland. When it was ready for a tenant last year, the property manager told me that there is a long list of applicants but many of them are rejected for NRAS as they are social housing applicants.  I think from memory she said that the way the charities who organise tenants are set up, there was not a way to…[Read more]

]]> 5e8c232b712e5ad050041139e93d3587 wendywoo replied to the topic Installing new airconditioner-charging for quotes in the forum Help Needed! https://www.propertyinvesting.com/topic/4407740-installing-new-airconditioner-charging-for-quotes/#post-4678374 Sun, 30 Sep 2012 09:44:21 +0000 Scott, the unit is 6 years old so I imagine the aircon is too.  The serviceman who looked at it said the compressor needed replacing but parts are no longer available.
The quote for a replacement states cost of the aircon at $1498, installing 3 metres of pipe $785, and electrical $352.
The PM has said he will ring some other installers and give…[Read more]

]]> 2e03ef1fb0753b474450229f484629ae wendywoo replied to the topic Installing new airconditioner-charging for quotes in the forum Help Needed! https://www.propertyinvesting.com/topic/4407740-installing-new-airconditioner-charging-for-quotes/#post-4678369 Sun, 30 Sep 2012 02:45:14 +0000 Only a 2 bed unit with living downstairs and 2 beds upstairs.  Its a split system, don't think its ducted. The aircon itself is approx $1500 the rest of the cost is in installation and hoses.  Yeah, seems steep to me too.

]]> dcf9cde91ac0584b71a37fab755af2c6 wendywoo replied to the topic Christmas Gift Ideas for Tenants in the forum Help Needed! https://www.propertyinvesting.com/topic/4407615-christmas-gift-ideas-for-tenants/#post-4677356 Thu, 13 Sep 2012 09:55:20 +0000 Can you claim presents for tenants as a tax deduction?

]]> 5362d9d96ba6c0bec58b985c4e6760f6 wendywoo replied to the topic New Property Strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4407598-new-property-strategy/#post-4677253 Wed, 12 Sep 2012 23:49:24 +0000 My understanding and experience of family court law is that once you are divorced and have gone through a property settlement an exspouse has no claim at all on any of your financial matters in the future. So I don't think it's necessary to put assets in a trust for that purpose? 
The family law court has a website which might have some…[Read more]

]]> b7abae31bff0f6faba0b8aa9aee9986c wendywoo replied to the topic Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/insurance-25/#post-4677245 Wed, 12 Sep 2012 08:30:13 +0000 I have insurance with them.  They were recommended by the property manager.  No problems so far.

]]> 5ffe209f0c2c1ce34f558408b5bc03fe wendywoo replied to the topic Quickest way to get missing rent? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407359-quickest-way-to-get-missing-rent/#post-4675452 Thu, 16 Aug 2012 08:33:19 +0000 I have emailed the Principals of both REAs and sent copies to the buyer's agent I bought the unit through and the conveyancing lawyer.  Within 5 minutes I had been contacted by the buyer's agent and the lawyer who are both keen to follow it up promptly…
I just don't want the lawyer to charge for it and eat up the $500! What would be the point of…[Read more]

]]> e6f11b4978cefb350d71d3569510096f wendywoo replied to the topic Quickest way to get missing rent? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407359-quickest-way-to-get-missing-rent/#post-4675451 Thu, 16 Aug 2012 08:33:07 +0000 I have emailed the Principals of both REAs and sent copies to the buyer's agent I bought the unit through and the conveyancing lawyer.  Within 5 minutes I had been contacted by the buyer's agent and the lawyer who are both keen to follow it up promptly…
I just don't want the lawyer to charge for it and eat up the $500! What would be the point of…[Read more]

]]> 676cc3c521b8f1be4247f204f4b7d4d2 wendywoo replied to the topic Quickest way to get missing rent? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407359-quickest-way-to-get-missing-rent/#post-4675449 Wed, 15 Aug 2012 08:22:23 +0000 Thanks for advice.  Wasn't sure if  Consumer Affairs dealt with this sort of thing. Both PMs are just blaming each other.  Or occasionally they blame the solicitor who did the settlement.  In any case it's not getting resolved by my polite phone calls.  angry Not real happy with either of them. Think I need a 3rd pm.  Will try the suggestions and let…[Read more]

]]> 6a6a6160e3b00881918578f8954d7693 wendywoo replied to the topic Setting up Property under NRAS in the forum Help Needed! https://www.propertyinvesting.com/topic/4407176-setting-up-property-under-nras/#post-4674114 Fri, 20 Jul 2012 11:30:44 +0000 Hi Troy,I know someone who knows someone who has… will find out if they are interested in contacting you and will get back to you :)

]]> 886a182c41b1087c8261ef3cfaedd734 wendywoo replied to the topic Would you buy it? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407123-would-you-buy-it-2/#post-4673805 Sun, 15 Jul 2012 02:04:46 +0000 Thanks, have thought to check out whether it is all council approved. What is the best way to go about finding out its value and rental demand? Would be hard to value a 7 bed house as not much around of that size?  I havent yet seen inside it apart from a few website photos which indicate it is in decent but original condition.

]]> 335d7d3d0f928985cb0ff9883482aef5 wendywoo replied to the topic Good areas in Toowomba in the forum Help Needed! https://www.propertyinvesting.com/topic/4406713-good-areas-in-toowomba/page/2/#post-4670902 Wed, 27 Jun 2012 08:56:51 +0000 Yes I did get PM thanks, have replied

]]> d7d8b471c07bd59ae0896280908743e5 wendywoo replied to the topic Good areas in Toowomba in the forum Help Needed! https://www.propertyinvesting.com/topic/4406713-good-areas-in-toowomba/#post-4670893 Mon, 25 Jun 2012 09:45:01 +0000 I know two good Agents if you would like me to PM you. .bfree2live[/quote] Can you Pm me about the agents please? Thanks

]]> 7959da93f90f607bf7a7e713ce8f74a6 wendywoo replied to the topic Avoiding mortgage insurance in the forum Finance https://www.propertyinvesting.com/topic/4406795-avoiding-mortgage-insurance/#post-4671401 Sun, 10 Jun 2012 01:48:08 +0000 Jamie M wrote:
Sounds like the bank is trying to cross collaterise your two properties – there's better ways of approaching this.

I would really like to learn more about how to avoid cross collaterizing.  How is it possible, when you need the equity in your PPOR as security for the IP loan? Thanks for info.

]]> fa441d908a793d8674aa7629e0235c3c wendywoo replied to the topic Avoiding mortgage insurance in the forum Finance https://www.propertyinvesting.com/topic/4406795-avoiding-mortgage-insurance/#post-4671400 Sat, 09 Jun 2012 09:26:44 +0000 Thanks Richard, can you suggest which lenders would do 80% on NRAS?

]]> 42a4886048dda67cbcafecc23b8327c2 wendywoo replied to the topic is this a good deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406702-is-this-a-good-deal-9/#post-4670773 Tue, 29 May 2012 08:36:40 +0000 Thanks for all those useful comments everyone.  Good point Tracey, I need a strategy and goals but help! not sure what they are!I would really prefer not to go to an investment company which will charge me several thousand dollars to give me advice that,with some more research and unbiased advice, I could figure out for myself. Bit wary of…[Read more]

]]> 001ab16acf72bc244e8c5be5591088d8 wendywoo replied to the topic NRAS in the forum Help Needed! https://www.propertyinvesting.com/topic/4406634-nras-4/#post-4670134 Tue, 22 May 2012 07:17:41 +0000 not to be rude aussieguy, but you didn't make this distinction obvious in your first post.  This is why I hate forums, somehow everytime a newcomer tries to post, other people shoot their comments down. Please be more friendly :)

]]> 15893b543876522f841b72253ea3c644 wendywoo replied to the topic NRAS in the forum Help Needed! https://www.propertyinvesting.com/topic/4406634-nras-4/#post-4670132 Mon, 21 May 2012 09:56:46 +0000 The amount of cash incentive NRAS givesis currently around $9800, not $7486.  It is indexed every year.The lower the price you pay for the NRAS property the better as it is a set amount whatever the house is worth, so $9800 is proportionately better for a $300k property than a $500k one.Pros of my NRAS property- good tenant who pays rent on time,…[Read more]

]]> 1c52a4e095ef888aaa2f589d90b5bf3c wendywoo replied to the topic Rockhampton unit + capital growth in the forum Help Needed! https://www.propertyinvesting.com/topic/4406059-rockhampton-unit-capital-growth/#post-4665333 Wed, 14 Mar 2012 06:46:48 +0000 any advice from anyone?

]]> 21958aac9ff0e075f70394b039814698 wendywoo replied to the topic 3 units in the forum Help Needed! https://www.propertyinvesting.com/topic/4402571-3-units/#post-4640467 Fri, 28 Jan 2011 06:44:29 +0000 2 bedroom single level.
The price includes site works, landscaping, driveways, taking down a colurbond double garage to make room for the driveway to units
and moving it closer to my house.

]]> d3983497d17ad3ecacbf74dfe86cc2d5 wendywoo replied to the topic 3 units in the forum Help Needed! https://www.propertyinvesting.com/topic/4402571-3-units/#post-4640463 Tue, 25 Jan 2011 08:33:33 +0000 sorry typo loan for nras property is 330 000.

]]> 605f4951348cb8b7dc28a45be29113d6 wendywoo replied to the topic 3 units in the forum Help Needed! https://www.propertyinvesting.com/topic/4402571-3-units/#post-4640462 Tue, 25 Jan 2011 08:32:28 +0000 I owe about $65000 on the house, value approx 380 000. I also bought my first investment property recently, an NRAS house which is to commence building soon. Loan for that is 100% and will be about $33000, rent will be 340 week less 25% nras discount. Plus nras tax incentive 9140 per annum.
APerry, not sure what you mean about capitalising…[Read more]

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