PropertyInvesting.com | wezwaz | Activity https://www.propertyinvesting.com/members/wezwaz/activity/ Activity feed for wezwaz. Sat, 11 Apr 2026 16:38:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7ee791cf6a91e2b4edef8a517503f283 wezwaz replied to the topic Property Value in the forum Opinionated! https://www.propertyinvesting.com/topic/5026892-property-value-3/#post-5028566 Thu, 28 Jul 2016 23:23:11 +0000 Catts

I think you missed my point about share markets rising to new highs. The point is the Japanese share market hasn’t remotely approached the high it set in 1989 – 27 years ago! Our market hasn’t remotely approached the high set in 2007 – 9 years ago. So when people make generalizations, you have to take them with a grain of salt. It’s often…[Read more]

]]> 90a76c1bba7401b5e49ddf990921b932 wezwaz replied to the topic Property Value in the forum Opinionated! https://www.propertyinvesting.com/topic/5026892-property-value-3/#post-5028178 Wed, 06 Jul 2016 13:15:06 +0000 Thanks for replies. I guess my post is a little bit cynical, but sometimes I can’t help it. I am more into shares than property, but having read and observed a lot about both investments, I do get a bit sick of generalizations people make, e.g. you can’t go wrong with property; it’s the land where the value is (may be the case if you’ve got a…[Read more]

]]> 6ae9b9ee99ee5ba2fbe61c23a7703d17 wezwaz started the topic Property Value in the forum Opinionated! https://www.propertyinvesting.com/topic/5026892-property-value-3/ Sun, 29 May 2016 18:05:27 +0000 My parents have a house that may be 50+ years old on a block of land that has a land valuation (according to rates notice) around $120,000. Now, we are all told buildings depreciate. Therefore, theory says the house should be fully depreciated and the total value of house and land should be $120,000? Well, you try and buy it for that price. Good…[Read more]

]]> 0db7e0997a35ed1a14641dc2a6a1f20d wezwaz replied to the topic Bizare mining town FIFO article in the forum Opinionated! https://www.propertyinvesting.com/topic/4406220-bizare-mining-town-fifo-article/#post-4666605 Thu, 19 Jul 2012 03:25:58 +0000 Sometimes I tend to think the mining lifestyle is glamorised a bit with all the media coverage. Let me give you a bit more perspective on a FIFO lifestyle, from someone who is living it.There is nothing glamorous about a FIFO lifestyle, especially in the Pilbara of WA. The only glamor is in your pay packet. That's it.It is stinking hot in the s…[Read more]

]]> 82a8d6c7d22cd4ceab35bef19d81c809 wezwaz replied to the topic Offset Account v Principal Pay Down in the forum Help Needed! https://www.propertyinvesting.com/topic/4405789-offset-account-v-principal-pay-down/#post-4663147 Tue, 15 May 2012 06:36:28 +0000 Jamie M wrote:
Hi WesI'm a little lost with your post but if you're 100% sure your PPOR will never become an IP, then pay down the principle on your PPOR and borrow against it when you're ready to invest. CheersJamie

OK Jamie, let me have another go and in reference to Cameron's reply also…Currently I have a 15 year P&I loan for $330,000 – at…[Read more]

]]> b2a501dbf15734644e0aa4ec4d48e837 wezwaz replied to the topic Offset Account v Principal Pay Down in the forum Help Needed! https://www.propertyinvesting.com/topic/4405789-offset-account-v-principal-pay-down/#post-4663143 Mon, 14 May 2012 12:41:12 +0000 Jamie (or anyone who wants to contribute)I want to revisit this topic…I admit I don't know enough about the ins and outs of property, but have been thinking about all the contributions to my post.Let's say I have no inkling whatsoever that my PPOR may one day become a rental property. It would seem the best solution still would be to ext…[Read more]

]]> 29726d2b978e4767e72ae833ff434c6b wezwaz replied to the topic Offset Account v Principal Pay Down in the forum Help Needed! https://www.propertyinvesting.com/topic/4405789-offset-account-v-principal-pay-down/#post-4663141 Sun, 26 Feb 2012 18:26:27 +0000 Thanks Jamie, for the tip. This has been an eye opener!I want to present a further scenario on the article you wrote for API:Say I have bought my PPOR for $450k with a $330k loan. After depositing money into my offset account, it eventually reaches a balance of $330k. Obviously, then I am paying no interest. On the other hand I'm not getting any…[Read more]

]]> a6265d94eed92c6436b120b335286339 wezwaz replied to the topic Offset Account v Principal Pay Down in the forum Help Needed! https://www.propertyinvesting.com/topic/4405789-offset-account-v-principal-pay-down/#post-4663133 Mon, 06 Feb 2012 03:54:43 +0000 Whoops! I was talking about PPOR, so I won't be paying interest only. I know there are many strategies, but in a world that is drowning in debt, getting rid of it is probably the best option. When growth appears unlikely, gearing helps no-one, whether it be property or the share market.

]]> b4e3cf596f2ecb009508d0548054c1fc wezwaz replied to the topic Daniel Kertcher Trade Ability Income Course in the forum Heads Up! https://www.propertyinvesting.com/topic/4404018-daniel-kertcher-trade-ability-income-course/#post-4650388 Mon, 06 Feb 2012 03:48:10 +0000 Just remember with options, like any other investment, there's no free ride and it's not the keys to the castle.I have been involved in writing covered calls and puts. I believe it is a useful strategy under the right conditions, but there is always a downside to consider. It is much better than sitting and waiting for dividends. One premium…[Read more]

]]> 2b93cccff5e4d32635567a411d96cf91 wezwaz replied to the topic Toowoomba Villas in the forum Help Needed! https://www.propertyinvesting.com/topic/4401443-toowoomba-villas/#post-4633714 Sat, 09 Oct 2010 18:23:35 +0000 TrevThe villa in Centenary Heights is new.I am looking to make a choice on living in Perth or Toowoomba, so looking for an owner occupier. Toowoomba is my home area, but Perth puts me closer to work. The dilemma is Perth is so expensive, but then again every capital city is. It's not a matter of what I can afford. It's about drawing a line in the…[Read more]

]]> a9eb964204d6bac184bc154e662c56ff wezwaz replied to the topic Greece & The European Union... Crisis Averted Or Impending Doom in the forum General Property https://www.propertyinvesting.com/topic/4399887-greece-the-european-union-crisis-averted-or-impending-doom/#post-4624253 Mon, 17 May 2010 12:36:34 +0000 Printing more money; taking on more debt…where does it end? We have had some disastrous failures in the past few years. One suspects it is inevitable we are in for the mother of all crises sometime in the future. It has to happen, simply because global economies will not take their medicine.To a "simpleton" like me, growth in money supply can…[Read more]

]]> 66946ac41a7f4c5bbb3b65bb8db6b9e7 wezwaz replied to the topic Greece & The European Union... Crisis Averted Or Impending Doom in the forum Don't totally agree with https://www.propertyinvesting.com/topic/4399887-greece-the-european-union-crisis-averted-or-impending-doom/#post-4624249 Fri, 14 May 2010 12:59:33 +0000 Don't totally agree with you, Steve.Economies (countries) seem to play by a different set of rules to individuals. They shouldn't, but they do. An individual can have the rug pulled out from underneath them quickly and be bankrupted. Not countries, oh no. We've just had it with Greece. They should have been cut loose for their useless…[Read more]

]]> e578ea85db88e23571877864faf4b17b wezwaz replied to the topic "Home Ownership Dream Ebbing Away" in the forum Heads Up! https://www.propertyinvesting.com/topic/4397347-home-ownership-dream-ebbing-away/#post-4609462 Sat, 26 Sep 2009 02:30:15 +0000 ErikI'm not prepared to say whether it is right or wrong. However, one thing I'd say is never get too comfy thinking the Australian property market is immune from downturns, and even the unexpected, i.e. "that could never happen here" mentality. We've seen this sort of wayward thinking in the share market, when we least expect a crash.Property…[Read more]

]]> 54c2c338d398a521f1b8f015cb516884 wezwaz replied to the topic Arbitrage Sports betting in the forum This has been going on for https://www.propertyinvesting.com/topic/4394665-arbitrage-sports-betting/page/2/#post-4595332 Mon, 29 Jun 2009 01:51:54 +0000 This has been going on for years and will continue into the future because useless regulators like ASIC and Fair Trading are absolutely and completely clueless in doing anything to stop it. Scammers register with ASIC because it "legitimises" their name in the eyes of the unsuspecting public. It is such a limp process and anyone can do it. It's…[Read more]

]]> a2d4ee8b4ee00fefb95fbc7fdb2fc4e8 wezwaz replied to the topic Arbitrage Sports betting in the forum Heads Up! https://www.propertyinvesting.com/topic/4394665-arbitrage-sports-betting/page/2/#post-4595323 Fri, 06 Feb 2009 08:24:06 +0000 W J HookerBetter listen to Bootlace because he knows his "onions". You don't understand probability if you think you can win using your system. There have been documented cases of card counters winning at blackjack because, to my knowledge, it's the only casino game you can put the odds in your favour. But my guess is you still have to be quite…[Read more]

]]> c40f340ca6144b1efd93c47ea3c8a7a3 wezwaz replied to the topic Global Reseshion, what will it do to house prices??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395298-global-reseshion-what-will-it-do-to-house-prices/#post-4598642 Sun, 01 Feb 2009 12:45:00 +0000 TonyI don't have a huge opinion on this, but will just make one point. Don't get too cosy thinking property is immune to big falls like the share market. It may not fall to that degree. But if circumstances come together and there is a panic (and that's the key) you never know what might happen.There is a tendency to take comfort in the points you…[Read more]

]]> a3e81b3bb473e8dad9f0ee0da4e6f42b wezwaz replied to the topic Arbitrage Sports betting in the forum Heads Up! https://www.propertyinvesting.com/topic/4394665-arbitrage-sports-betting/#post-4595317 Sun, 01 Feb 2009 12:28:26 +0000 That's right, Gazza. Logic says why would you sell a fool proof money-making system? Just use it and make all the money you want. The reasoning is usually something along the lines that they just want to share their success.These systems are for gamblers and should be marketed as such (if they insist on selling them). You cannot make a living out…[Read more]

]]> 3d1ff732f5999e00bdb74ad2990f9340 wezwaz replied to the topic Arbitrage Sports betting in the forum Heads Up! https://www.propertyinvesting.com/topic/4394665-arbitrage-sports-betting/#post-4595315 Wed, 28 Jan 2009 01:41:28 +0000 WJ HookerYour argument is flawed. It won't work. If you believe it, then give up your day job and work your system. Why would you work if all the money you need is on tap betting on the horses? Nope. You love your work and don't want to give it up. Fine, but you still have all that money on tap to build your property and/or share portfolio.Anyone…[Read more]

]]> 6ace8ef677413a3196aab4db334e15dc wezwaz replied to the topic Arbitrage Sports betting in the forum Heads Up! https://www.propertyinvesting.com/topic/4394665-arbitrage-sports-betting/#post-4595311 Sun, 21 Dec 2008 02:53:51 +0000 To sum up, these sorts of shemes are out and out scams.If you part with thousands of dollars, you'll end up with a useless piece of software, which they tell you is sophisticated. What a joke! They're all the same – con you into thinking they've got a secret to making money that no-one else knows; tell you to hurry because there are only a few…[Read more]

]]> ce645946ea7ca80421b870faf7377ade wezwaz replied to the topic Property Prices in the forum Opinionated! https://www.propertyinvesting.com/topic/4393540-property-prices-2/#post-4589245 Sun, 22 Jun 2008 04:39:21 +0000 Off topic. Please start another thread.So no-one disagrees with what I said in my original post?

]]> 6f6cc383bdc651d650dedb091e55584c wezwaz replied to the topic Shares beat property over the years in the forum Opinionated! https://www.propertyinvesting.com/topic/4393264-shares-beat-property-over-the-years/#post-4587678 Mon, 09 Jun 2008 06:49:50 +0000 This argument is a load of crap and a very superficial statement. It in no way covers all the interrelated elements of investing. Did you happen to buy the right shares or properties? Did you buy the properties in the right locations? How was your timing? Maybe you got in when the market was near a peak in one of those investment areas.I…[Read more]

]]> e0004b58fab27eef8ed101b0b71bf5f7 wezwaz replied to the topic Investing Full-Time in the forum Help Needed! https://www.propertyinvesting.com/topic/4389933-investing-full-time/#post-4569382 Mon, 18 Feb 2008 16:39:33 +0000 Thanks for relating your experience, K.Banks tend to be very rigid in their thinking. To take an extreme example:You could show the bank you have $20 million in net assets (shares say) with no income because it is all reinvested. OK, it is income, but it doesn't go in the bank as cash. Now, if you say to them you want a loan, they'll say you can't…[Read more]

]]> bf3e344514b696f29b1681e1ee876a4b wezwaz replied to the topic Investing Full-Time in the forum Help Needed! https://www.propertyinvesting.com/topic/4389933-investing-full-time/#post-4569379 Sun, 17 Feb 2008 12:39:21 +0000 Thanks for all your input. I appreciate you telling me about your situation as an example, Linda (millions).JonI won't say I hate my job. However, that's all it is – a job that makes me money for investment. Career aspirations went out the door some years ago. What I don't want to do is continue working until I'm 75 like we have been "encouraged"…[Read more]

]]> b2c31bc958224c1cde3625f24f67989d wezwaz replied to the topic Investing Full-Time in the forum Help Needed! https://www.propertyinvesting.com/topic/4389933-investing-full-time/#post-4569375 Sat, 16 Feb 2008 10:35:21 +0000 I'd like to revisit my post and see if anyone else can further enlighten me.Let's say I have $200k to put down. Therefore, according to the gurus, I can control $2 million worth of property. Now, to the minor detail:Who will advance me $1.8 million and how do I service it? If you have the experience, please give the rest of us the nuts and bolts,…[Read more]

]]> 04c64d7e9e6241f58bca8fbd7b49caa2 wezwaz replied to the topic Valuing a Property in the forum General Property https://www.propertyinvesting.com/topic/4392077-valuing-a-property/#post-4581484 Fri, 25 Jan 2008 12:06:58 +0000 Sounds like comparable sales, growth trends and current state of the market appears to be the best means. Then in a negotiation depends where you meet on price, I suppose.What about the age of the home? Contemporary design built in the last year v brick or timber house built 30 years ago? Which is the more valuable and why, all other things being equal?

]]> 9e04ffdf4b3224a4b3df8c90d9d8aeff wezwaz replied to the topic Making A Written Offer! in the forum I've found this thread quite https://www.propertyinvesting.com/topic/4391969-making-a-written-offer/page/2/#post-4580884 Thu, 24 Jan 2008 15:49:22 +0000 I've found this thread quite helpful, so thanks for your input so far.I am new to property transactions, so excuse my ignorance. I gather every property that goes on the market has an associated contract of sale with the agent. So if I'm interested in buying a property, I get the contract and give it to my solicitor/conveyancer. Would that…[Read more]

]]> 2e8a45c237d8da6ff233c04765c4d9ea wezwaz replied to the topic Making A Written Offer! in the forum General Property https://www.propertyinvesting.com/topic/4391969-making-a-written-offer/#post-4580876 Mon, 21 Jan 2008 15:58:54 +0000 OK, when you say a written offer, you mean you go to the agent's office and sign a contract for the property, or some other form, or maybe I "scribble" my own offer on a piece of paper? It usually includes a sum of money, yes? 10% sounds ridiculous on an initial offer, but you tell me from your experience the norm.So let's get to the crux of the…[Read more]

]]> 087a6f8c67b8f3826f459089499737ec wezwaz replied to the topic Making A Written Offer! in the forum General Property https://www.propertyinvesting.com/topic/4391969-making-a-written-offer/#post-4580871 Sat, 19 Jan 2008 16:01:28 +0000 Thanks for the insight, Jon. Let's say a verbal offer is made, accepted by the vendor and there is no follow through to sign the contract. What is the loss to the vendor.? Nothing, as far as I can see. I can certainly understand how a signed contract with a significant deposit would be seen in a better light. However, I still think that all…[Read more]

]]> e343ec3928077f002dee653d45e3e42d wezwaz replied to the topic Making A Written Offer! in the forum General Property https://www.propertyinvesting.com/topic/4391969-making-a-written-offer/#post-4580869 Fri, 18 Jan 2008 20:17:14 +0000 I am led to believe you should make a written offer, otherwise the vendor won't take you seriously. I don't agree. Why can't you make verbal offers? Buying a property should be no different to the bargaining you do when buying a car or TV, for example. Making written offers appears a somewhat time-wasting exercise, especially if they want you to…[Read more]

]]> 07c792bda45e1f56b5c80b86f921a27a wezwaz replied to the topic Equity Finance Mortgage in the forum Found out the EFM isn't very https://www.propertyinvesting.com/topic/4391554-equity-finance-mortgage/#post-4577993 Tue, 04 Dec 2007 16:56:54 +0000 Found out the EFM isn't very widely available as yet. Not even in every capital city. I'm interested in purchasing in Toowoomba. You'd hardly call this the backblocks with a population of over 100,000. I guess still being relatively new it will be more readily available as time goes on.

]]> 87c09f82f6649ab530a3ef86b1cdb90f wezwaz replied to the topic Writing is on the wall - Labour will win in the forum Opinionated! https://www.propertyinvesting.com/topic/4391519-writing-is-on-the-wall-labour-will-win/page/2/#post-4577769 Tue, 04 Dec 2007 16:52:41 +0000 OK haz, so you reckon the Liberals are responsible for all this? Let's see Rudd work his magic and turn it all around. This'll be good to watch. I'm gonna take a punt and say things will continue in the same direction.

]]> f1fae4970268386d7522514a02156222 wezwaz replied to the topic Equity Finance Mortgage in the forum I don't care about the https://www.propertyinvesting.com/topic/4391554-equity-finance-mortgage/#post-4577985 Sun, 02 Dec 2007 19:21:50 +0000 I don't care about the intimate details and don't want to argue about it. It is known as an equity finance mortgage and what you are saying sounds the same as what I'm saying. What I'm interested in is if anyone has used the product. The product is new and was only introduced this year.

]]> 36a35f0c8ffc31e10111110601ff2599 wezwaz replied to the topic Equity Finance Mortgage in the forum Finance https://www.propertyinvesting.com/topic/4391554-equity-finance-mortgage/#post-4577983 Sun, 02 Dec 2007 13:39:00 +0000 No Richard, it's exactly as I stated – Equity Finance Mortgage – and it works as indicated. Do a search on the internet.

]]> f9571e82ff3dd4399ba0753eeb89e433 wezwaz replied to the topic Query Re Legal Advice in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391555-query-re-legal-advice/#post-4578000 Sat, 01 Dec 2007 09:51:39 +0000 Thanks for the feedback.I am somewhat inexperienced in this area. It's also a bit like when doing your tax, someone asks who is your accountant. I have never had an accountant in my life. So if I am thinking of buying a property, do I immediately get in touch with a solicitor for guidance? Or is it when I have chosen a property? How does it work?…[Read more]

]]> 75d70ed5506ccbea2129af8e0043a2dc wezwaz replied to the topic Writing is on the wall - Labour will win in the forum Opinionated! https://www.propertyinvesting.com/topic/4391519-writing-is-on-the-wall-labour-will-win/page/2/#post-4577761 Tue, 27 Nov 2007 18:31:13 +0000 kokjhoonwong wrote:
OK I voted for Liberal but you will be shocked to know why I did it. So I am not telling. Very often that speculators are wrong especially a financial planner who I grilled the other day. When a guy like (R. Kiyosaki) who is worth so much and stand besides some of the best, I think we should at least listen.Being in this…[Read more]

]]> 4982641f32b58b2016f5fea14d0cb915 wezwaz replied to the topic Writing is on the wall - Labour will win in the forum Opinionated! https://www.propertyinvesting.com/topic/4391519-writing-is-on-the-wall-labour-will-win/#post-4577758 Tue, 27 Nov 2007 13:30:46 +0000 Come on kokjhoonwong, I think people in this post are just commenting on how they see the new government, not so much complaining about how it affects their investments.As far as 5% interest rates are concerned, I'm only drawing a conclusion from the blurb that the Labour Party went on with leading up to the election.  They continually rammed it d…[Read more]

]]> 103808941d4d770b39667d6b136dd30c wezwaz replied to the topic Writing is on the wall - Labour will win in the forum Opinionated! https://www.propertyinvesting.com/topic/4391519-writing-is-on-the-wall-labour-will-win/#post-4577753 Mon, 26 Nov 2007 15:51:56 +0000 So Yossarian, you believe, given time, Rudd will turn the current account deficit into a surplus?He's going to bring interest rates below 5% and make it so everyone can afford the house they want. I'm looking forward to this. I'll hold off buying my townhouse for the time being then.

]]> dd25835f0884496b19496f813870a1a1 wezwaz replied to the topic Writing is on the wall - Labour will win in the forum Opinionated! https://www.propertyinvesting.com/topic/4391519-writing-is-on-the-wall-labour-will-win/#post-4577749 Sun, 25 Nov 2007 17:09:23 +0000 I expect interest rates to be lower in six months to a year. Labour pumped the Liberals about how interest rates have been increasing. Let's see what the "miracle worker" can do now the acid is on him.I hope we don't see unions raise their ugly heads and set us back 20 years.And I don't want to hear about how it's the Liberals fault for the next…[Read more]

]]> a6965289531411f11221b9e0c6e8a6c7 wezwaz replied to the topic Whos is working in the mines to get ahead? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4390228-whos-is-working-in-the-mines-to-get-ahead/page/2/#post-4570854 Thu, 13 Sep 2007 21:37:05 +0000 I am an industrial chemist and have worked in the mines almost all my life – over 20 years. When I graduated it was simply luck of the draw as to what industry I ended up in. As a graduate you take anything you can get when you have no experience. It was my good fortune to get my first offer in mining. Never have I regretted it. If I had ended up…[Read more]

]]> 4c50802511a1e6200a05b51dd201cf40 wezwaz replied to the topic Dream Stealers in the forum Opinionated! https://www.propertyinvesting.com/topic/4386447-dream-stealers/#post-4552821 Sat, 28 Jul 2007 12:31:29 +0000 islandgirlI doubt you could class Margaret Lomas a dream stealer. I'd say she's more like the voice of reason. I tend to agree with most of the comments in this post about finding a strategy to suit you. When you are inexperienced you don't want to fall into the trap of becoming a romantic. This is when you take everything you hear, particularly…[Read more]

]]> 46adbec08231f01c4a1a4379f204510d wezwaz replied to the topic Floor Plan Size and Search Methods in the forum General Property https://www.propertyinvesting.com/topic/4390087-floor-plan-size-and-search-methods/#post-4570015 Mon, 09 Jul 2007 01:08:18 +0000 My point exactly jsawtell. You had to waste valuable time on those two properties."Yes wouldn't it be great if we just told you everything about the property, then you would not have to look at it just send the cheque in the mail.   Sorry for the sarcasm, I just can't help myself."JonThat sounds like a response I would expect from a real estate a…[Read more]

]]> 6e7ed027cac3cd73ad2ead080919c44a wezwaz replied to the topic Property Investment Analysis Software in the forum Heads Up! https://www.propertyinvesting.com/topic/4390098-property-investment-analysis-software/#post-4570075 Wed, 04 Jul 2007 12:44:17 +0000 I know, Jon, but I simply used the PIA abbreviation. It wasn't meant to indicate the Jan Somer's product.

]]> cf1cc7b53d491654bf4d8c53e8892f63 wezwaz replied to the topic Floor Plan Size and Search Methods in the forum General Property https://www.propertyinvesting.com/topic/4390087-floor-plan-size-and-search-methods/#post-4570011 Wed, 04 Jul 2007 02:55:09 +0000 It might be me, but might you not have different size bedrooms and other areas, such as combined kitchen/living and entertainment areas? This to me means it's difficult to tell the size of a property when the description says 3 bedrooms/1 bathroom, etc.

]]> b2a54f742a55d9a7961254e2b4e29c02 wezwaz replied to the topic Shonkster or Godsend? in the forum Heads Up! https://www.propertyinvesting.com/topic/4389967-shonkster-or-godsend/#post-4569494 Sat, 30 Jun 2007 12:28:59 +0000 There was a very long thread some time ago re Jamie McIntyre. Jamie was actually involved in the discussion himself. Maybe do a search on this site.As someone said he sells knowledge. Whether you wish to pay $4000 for it is the crux of the matter. You have to consider a fair amount of time would have gone into putting the home course together. I…[Read more]

]]> 3b59b213205285dbbc64ddc970b2cce1 wezwaz replied to the topic Investing Full-Time in the forum Help Needed! https://www.propertyinvesting.com/topic/4389933-investing-full-time/#post-4569370 Tue, 19 Jun 2007 14:46:24 +0000 Assume that no-one on this site has actually achieved this.

]]> a1dbc77d00477cf8690676980731f4ed wezwaz replied to the topic Interest Only Payments in the forum General Property https://www.propertyinvesting.com/topic/4389921-interest-only-payments/#post-4569329 Sat, 16 Jun 2007 16:31:44 +0000 Terryw wrote:
Yep you can. In fact it is probably a good idea to go IO with a 100% offset to keep your loan high, so if you ever move out and rent your house the deductions will be higher.

TerryWhen you say deductions will be higher, guess that simply means because your loan stays high the deductible interest as a rental will be higher.How…[Read more]

]]> 6ad70ea344afc920dcd546888f6f88b5 wezwaz replied to the topic Toowoomba Property Market in the forum General Property https://www.propertyinvesting.com/topic/4389904-toowoomba-property-market/#post-4569231 Thu, 14 Jun 2007 17:03:54 +0000 Thanks for comments. I am looking at the Toowoomba market for an owner-occupier and on that basis I see good value. In fact, I don't particularly care about the growth prospects of the property, since I view it as more about lifestyle.

]]> f851f47d4e5756757c2a439932f7a5fd wezwaz replied to the topic What type of vehicle do you have ?? in the forum I drive a Ferrari F430 on https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/11/#post-4524842 Thu, 31 May 2007 21:20:50 +0000 I drive a Ferrari F430 on the weekend and use the Lamborghini Gallardo Spyder for work. Hope to trade up soon.

]]> 1097e44d970af7b89060890cc1db4939 wezwaz replied to the topic Toowoomba - seeking out like-minded people in the forum Heads Up! https://www.propertyinvesting.com/topic/4389573-toowoomba-seeking-out-like-minded-people/#post-4567529 Tue, 15 May 2007 12:42:27 +0000 RobynI can't make that date since I work in WA, but am based in the Toowoomba area. Just wanted to register interest and say I am open to future meetings if I am home at the time. I am more share investment related, but wish to develop further knowledge about property.Anyhow, keep me posted.Wes.

]]> 76c1a26f090d8cf77b2c7835b6d88594 wezwaz replied to the topic Toowoomba - seeking out like-minded people in the forum Heads Up! https://www.propertyinvesting.com/topic/4389573-toowoomba-seeking-out-like-minded-people/#post-4567528 Tue, 15 May 2007 12:41:50 +0000 RobynI can't make that date since I work in WA, but am based in the Toowoomba area. Just wanted to register interest and say I am open to future meetings if I am home at the time. I am more share investment related, but wish to develop further knowledge about property. I put this same reply on the PropertyInvesting website.Anyhow, keep me posted.Wes.

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