PropertyInvesting.com | willi | Activity https://www.propertyinvesting.com/members/willi/activity/ Activity feed for willi. Mon, 13 Apr 2026 05:25:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 010e7c7f4b9d3c2dde1bf0af0bf5a24f willi replied to the topic Selling +CF Property in the forum General Property https://www.propertyinvesting.com/topic/4381430-selling-cf-property/#post-4524353 Mon, 01 Aug 2005 22:35:57 +0000 Borg,

I am not overly keen on placing details of the property on the forum as I feel this is an education resource not something that should be used to ‘sell’ directly.

I may be shooting myself in the foot that way but I don’t want to abuse this fantastic site which Steve and team have put together. If you are interested shoot me an email and we…[Read more]

]]> 2bc9206339d4e92fe330322866e16e04 willi replied to the topic Extend Settlement Date? in the forum Help Needed! https://www.propertyinvesting.com/topic/4379276-extend-settlement-date/#post-4509900 Wed, 23 Mar 2005 10:50:18 +0000 Best of Luck !!! Keep us informed of future ventures….

Pete

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than happy to answer and questions/comments you may have – Happy Investing…

]]> b7f0b1f4ec087588d5494e04180b0e4f willi replied to the topic Just starting in the forum Help Needed! https://www.propertyinvesting.com/topic/4379308-just-starting-5/#post-4510019 Wed, 23 Mar 2005 10:47:48 +0000 I agree – look at using equity to expand your portfolio.

Pete

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than happy to answer and questions/comments you may have – Happy Investing…

]]> 7da52d779253e421dbe8a19e58e07e87 willi replied to the topic Quick Question in the forum Help Needed! https://www.propertyinvesting.com/topic/4379303-quick-question-4/#post-4509993 Wed, 23 Mar 2005 10:46:24 +0000 What are you trying to achieve by selling?

Are you looking to get a bag of cash you can use to invest back into property? If that is the case I can not see the benefit in selling a property which will result in CGT expenses etc when teh cash will be rolled back into another house.
Selling the business could be a good way to get cash but you stil…[Read more]

]]> bcfa2d5acce8eb40dfa9687f90309204 willi replied to the topic Where to start? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379230-where-to-start-16/#post-4509648 Tue, 22 Mar 2005 10:31:04 +0000 Have you thought of using a ‘bird-dog’? If you have surplus cash they can take the hassle of finding properties off your hands…

Actually is ‘surplus cash’ and oxi-moron???

Cheers,

Pete

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than happy to answer and questions/comments you may have – Happy Investing…

]]> 832a60dd1904fdacceb5ca8205143000 willi replied to the topic Who are the sellers in the forum Help Needed! https://www.propertyinvesting.com/topic/4379236-who-are-the-sellers/#post-4509669 Tue, 22 Mar 2005 10:28:23 +0000 I like the saying “speculators buy, hold and prey”

Pete…

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than happy to answer and questions/comments you may have – Happy Investing…

]]> 30e4ce70d7d964b4292d7f3bd28fbabd willi replied to the topic Sell a house First then buy it? in the forum Help Needed! https://www.propertyinvesting.com/topic/4379281-sell-a-house-first-then-buy-it/#post-4509929 Tue, 22 Mar 2005 10:18:48 +0000 When Kiyosaki talks about the ‘buyer’ being the bank I think (from memory) he is talking about vendor-finance. This is where the original proeprty buyer purchases a house and then acts as a bank and sells it to a new purchaser over a period of 30yrrs worth of monthly payments.

Read: https://www.propertyinvesting.com/strategies/wraps.html
It might…[Read more]

]]> 81dedd8353315a4df14012b5a70c6cc8 willi replied to the topic TENNANT PROBLEM in the forum Help Needed! https://www.propertyinvesting.com/topic/4379271-tennant-problem/#post-4509864 Tue, 22 Mar 2005 10:16:34 +0000 A trick you could use is to offer them $500 CASH to move out within a specific period. It does sound strange to offer a non paying tenant CASH to move on but it would be a lot quicker and most likely alot cheaper then paying a lawyer to follow it through.

Pete

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than…[Read more]

]]> 7977a8fc9702abd0688be130f2d7d993 willi replied to the topic Extend Settlement Date? in the forum Help Needed! https://www.propertyinvesting.com/topic/4379276-extend-settlement-date/#post-4509895 Tue, 22 Mar 2005 10:13:02 +0000 ‘Un-conditional’ means the date in which the contract has no more ‘conditions’ to adhere to. Basically once the purchaser has no “out”.
This is generally once finance is approved. Technically you possibly could argue that the contract is not ‘un-conditional’ as the reno work has not been completed, as that is a clause but you would be grasping a…[Read more]

]]> ce1ace645f3c69cd47c30acc041708e1 willi replied to the topic Any suggestions in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4379189-any-suggestions-5/#post-4509328 Thu, 17 Mar 2005 10:40:50 +0000 I agree with Terryw – do the numbers because potentially the money you outlay to cover CGT etc etc could be MORE then the total interest payable on a redrawn loan over its first 2 -3 years. If this is the case it would be alot more cost effective. cashflow freindly and you keep still the asset.

Cheers,

Pete

…Beware of the dreamtakers…

BTW…[Read more]

]]> 4104f3a5012793966c8e3647c866722f willi replied to the topic Refinacing in the forum Finance https://www.propertyinvesting.com/topic/4379195-refinacing/#post-4509393 Thu, 17 Mar 2005 10:37:49 +0000 Quick Tip: You don’t always need a broker in your area – a lot can be done over the phone or the net.

I have heard great reports on the broker associated with propertyinvesting.com. I have not used them personally yet so I am only passing on “second hand knowldege”.

Cheers,

Pete

…Beware of the dreamtakers…

BTW – I was part of the MAP…[Read more]

]]> 618aefcb7fbe3fad388b1f086338802d willi replied to the topic Postive Gearing vs Positive Cashflow in the forum Help Needed! https://www.propertyinvesting.com/topic/4379194-postive-gearing-vs-positive-cashflow/#post-4509360 Thu, 17 Mar 2005 10:31:03 +0000 A lot of ppl confuse the two terms – I know I did for quite some time. But ‘debtdogg’ got it correct.

Technically Postive Cashflow = cash in your pocket before tax(deductions)

Where Postive Geared = cash in your pocket after[/] tax(deductions)

Cheers,

Pete

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than…[Read more]

]]> 0eb876ee0b41fbd85bf90c38d379d8bf willi replied to the topic Selling privately after listing with an agent in the forum General Property https://www.propertyinvesting.com/topic/4379173-selling-privately-after-listing-with-an-agent/#post-4509215 Wed, 16 Mar 2005 12:22:02 +0000 The same situation applies in any state as emcdonald said. You have to check your lisitng contract.

Cheers,

Pete

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than happy to answer and questions/comments you may have – Happy Investing…

]]> 746470d7cae50c1c0be00463c3250621 willi replied to the topic Raising the rent in the forum Help Needed! https://www.propertyinvesting.com/topic/4379132-raising-the-rent-2/#post-4509046 Wed, 16 Mar 2005 12:19:29 +0000 Have you thought about coupling the rent rise with a “value add” that will in turn increase the value of the property.
For example, putting in a new heater/air-con or re landscaping the garden. That way the tenants will atleast feel you care about them and not simply taking more money for the same service. That is something a lot of landlords…[Read more]

]]> 61bf589de4559b51a0c30dd4a0a3b7a9 willi replied to the topic what is the best in the forum Help Needed! https://www.propertyinvesting.com/topic/4379171-what-is-the-best/#post-4509204 Wed, 16 Mar 2005 12:10:43 +0000 The one down fall with units is that you generally don’t get any substantial land component – which is commonly the real value in a property.
If it is purely a cash on cash (+CF) deal you are looking for then a unit could be a wise move due to lower costs and often less maintenance. Be mindful of bodycorp fees though.
Simple keep in mind capital…[Read more]

]]> 3a91616f7a89436b49d6eab540aaff15 willi replied to the topic Cheap 2 Day Seminar $97 in the forum Heads Up! https://www.propertyinvesting.com/topic/4379169-cheap-2-day-seminar-97/#post-4509198 Wed, 16 Mar 2005 12:00:50 +0000 The line up sure looks appealing.
I just hope it is not a serious of ‘free seminars’ with a huge back-end upsell for thier individual courses etc.
I guess I will see it for myself at the Melb event…

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than happy to answer and questions/comments you may have – Happy…[Read more]

]]> 02b64d18e47a734694b79f67ebc6f22f willi replied to the topic where do I start in the forum Help Needed! https://www.propertyinvesting.com/topic/4379179-where-do-i-start-3/#post-4509253 Wed, 16 Mar 2005 11:57:42 +0000 In regard to size of dwelling – take Mortage Hunters advise, it can often be difficult to lend against a small property. Not too mention reducing the size of your tenant pond as small homes only appeal to a small market.

Pete

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than happy to answer and…[Read more]

]]> 23584908450fc4ad2987b70b9f65a2b0 willi replied to the topic Cashflow 101? in the forum Help Needed! https://www.propertyinvesting.com/topic/4379172-cashflow-101-2/#post-4509211 Wed, 16 Mar 2005 11:53:19 +0000 It is simply the best board game invented. I used to play it (202) every Monday night with a group of friends from 18 to 45 years old. The lessons learnt are fantastic.
A must have….great holiday fun. I give it 5 potatous out of 5…..

Pete

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than happy to answer…[Read more]

]]> 2fda805cdebab7b3c5b029d3c4313a7a willi replied to the topic cashflow +ve in the forum Help Needed! https://www.propertyinvesting.com/topic/4379177-cashflow-ve/#post-4509225 Wed, 16 Mar 2005 10:41:21 +0000 My suggestion would be to do the numbers on a situation when putting more then 20% down based on a Cash on Cash return.
What often occurs is that by putting more cash into the property upfront to make it +CF it results in the cash on cash return being very low. Basically you want to make sure that your investment is atleast returning a cash on…[Read more]

]]> 30a43bf79a961c4490ca45f532461697 willi replied to the topic The 2005 Spruiking Season in the forum No Subject https://www.propertyinvesting.com/topic/4378717-the-2005-spruiking-season/#post-4506373 Wed, 16 Feb 2005 08:23:06 +0000 Is Jenman ever going to grow up?

Has he ever actually attended or heard these peoples seminars/material?

I find it interesting that I have never heard Jenman actually review a product or seminar directly. He always seems to be reviewing the marketing material and/or media reports not the actualy substance of the information given. Is it me or is…[Read more]

]]> f0e4b2ca11ee3b0790301c14707edc7d willi replied to the topic Investing in property with no Capital gains in the forum Help Needed! https://www.propertyinvesting.com/topic/4378729-investing-in-property-with-no-capital-gains/#post-4506542 Wed, 16 Feb 2005 08:14:42 +0000 If you can get an adequate postive cashflow from the property then in my book its fine. You basically have to set your own objectives when it comes to investing.
If you consider that term deposits don’t give capital growth just interest (cashflow) it is a simlar senario.

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am…[Read more]

]]> 9fabf1605733281dd0248ca07642069a willi replied to the topic A mate of mine needs some help in the forum Help Needed! https://www.propertyinvesting.com/topic/4378728-a-mate-of-mine-needs-some-help/#post-4506540 Wed, 16 Feb 2005 08:12:17 +0000 So to be clear – do the invoices say $300 p/w from rent and he is only getting $1100 into his bank account? or do the invoices state only $1100 rent?

…Beware of the dreamtakers…

BTW – I was part of the MAP Program and am more than happy to answer and questions/comments you may have – Happy Investing…

]]> 497572fc23931119c23d352e0ec6c0b1 willi replied to the topic Getting Started into IP in the forum General Property https://www.propertyinvesting.com/topic/4378687-getting-started-into-ip/#post-4506217 Mon, 14 Feb 2005 23:59:06 +0000 Morning,

1)this expression – “have the property revalued, and then look at redraw or refinance to gain access to equity”…So the question is how does refinancing gain access to equity, or even redraw? any examples given will be much appreciated

The way refinancing gives you access to equity is by taking a new loan against the property at a…[Read more]

]]> e532795c6c970de02a0ee651883d1cb9 willi replied to the topic New Investor: Buying Unseen? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378653-new-investor-buying-unseen/#post-4506092 Sun, 13 Feb 2005 10:13:25 +0000 My advice would be to atleast put it subject ‘to approval of building report’ and get an independent report done.

Cheers,

Pete

…Beware of the dreamtakers…

]]> 0ed462ed79dc53a7502edca73f9ccc68 willi replied to the topic BIRDDOGGING in the forum Help Needed! https://www.propertyinvesting.com/topic/4378591-birddogging-2/#post-4505653 Sun, 13 Feb 2005 10:08:39 +0000 Hi All,

Basically, ‘birsdoging’ is taking a payment/finders-fee for finding a property for someone else.

There are a couple ways you can ‘birddog’.

1. Simply put the property under contract with a ‘and/or nominee’ clause and then flip the contract/property to the person who is interested in taking it off your hands.

2. Find a property and get…[Read more]

]]> a08676caed6b3289fff7e36b807c7d61 willi replied to the topic who do you write an offer? in the forum General Property https://www.propertyinvesting.com/topic/4376620-who-do-you-write-an-offer/#post-4493773 Sat, 23 Oct 2004 07:12:53 +0000 Josh,

A basic example could be:

OFFER TO PURCHASE REAL ESTATE

Purchaser’s Details: Name, Address, Phone

Property Details: Address of Property

Offer Amount: $150,000

Terms: Deposit of $3,000 + balance in 120 days

Subject to:
a/ solicitor reviewing the contract to the purcahser’s satisfaction
b/ finance approved in 14 days
c/ builder’s report…[Read more]

]]> b8d46dfbd9230fe8b881fc3d8fe54b14 willi replied to the topic Investing with Options in the forum Help Needed! https://www.propertyinvesting.com/topic/4376579-investing-with-options/#post-4493512 Wed, 20 Oct 2004 07:46:05 +0000 FireCaeaer,

I have heard of this stratergy working in a number of circumstances and can create a fantastic return.

… my only ‘concern’ is that the market is still ‘viewed’ a sellers market and until it dramatically shifts, the power of buyers to be able to be creative like you suggest is limited.

This doesn’t mean that there are no motivated…[Read more]

]]> dc230bac257671212f151f48c9b31ed8 willi replied to the topic 18 years old and want to be a property investor!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4376581-18-years-old-and-want-to-be-a-property-investor/#post-4493553 Wed, 20 Oct 2004 07:40:13 +0000 Congrats Regan – You are in a great position for your age.

My thoughts would be:
1. Find somewhere close to you to invest so you can ‘keep an eye on it’(New Zealand is great for +CF at the moment)
2. Do the numbers – basically look at as many places you can find and do the numbers of each.

Its not a scary as you might think. If you find a place,…[Read more]

]]> 601fd08c7e9cc865d9186df8448b6de1 willi replied to the topic Trump in the forum No Subject https://www.propertyinvesting.com/topic/4375680-trump/#post-4487787 Thu, 26 Aug 2004 00:54:39 +0000 One of Trumps companies – the one listed on the NYSE (stock exchange) – Trump Hotels and Casinos (which owns his Atlantic City Casinos) – has filed for Chapter 11 which is the step before bankruptcy. Basically the company has gone ‘on hold’ while they negotiate with creditors as they owe a lot of money on bonds they had issued.

In regards to…[Read more]

]]> 3afca1623c77c053231ec6de573647b7 willi replied to the topic Pos Cash Flow in the forum General Property https://www.propertyinvesting.com/topic/4375478-pos-cash-flow-2/#post-4486456 Fri, 13 Aug 2004 22:28:57 +0000 A simple way to look at it is – If at the end of the financial year the individual property as added to the lining of your pocikets by more then $1 then its +ve but if you have had to fork out more then $1, on top of the rental income, to help pay for the place its -ve

Pete

…Beware of the dreamtakers…

]]> 12dacf0600f514f8423423d0ff1e76e1 willi replied to the topic positive CF in the forum General Property https://www.propertyinvesting.com/topic/4375425-positive-cf/#post-4486112 Fri, 13 Aug 2004 22:24:32 +0000 THERE OUT THERE……..

Well I just picked up a 2-bedroom property YESTURDAY in Victoria for $47,000 with a current rental level of $90 p/week and once I add a little paint and carpet it should hit close to $100

Stay positive they are there….

Pete

…Beware of the dreamtakers…

]]> 852400212791879eca3200989f1e8bb3 willi replied to the topic Finance with no job... in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367072-finance-with-no-job/#post-4423253 Wed, 20 Aug 2003 03:21:25 +0000 Try a mortgage broker… let them do all the dirty work…

Also look at NO or LOW DOC loans….

Pete

…Beware of the dreamtakers…

]]> b5c4aec3b1e59952872b98309f9955b3 willi replied to the topic 95% or 85% Lend?? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367074-95-or-85-lend-2/#post-4423263 Wed, 20 Aug 2003 03:19:51 +0000 Also be careful as the higher the LVR the higher the mortgage, and thus the higher the repayments….

Make sure you go over the numbers…

Good Luck
Pete

…Beware of the dreamtakers…

]]> c817d9e88c7c6a11b8aa56517491d5e4 willi replied to the topic 11 second guide in the forum No Subject https://www.propertyinvesting.com/topic/4366856-11-second-guide/page/2/#post-4421919 Fri, 15 Aug 2003 02:56:37 +0000 Basically all the 11 second solution provdides is a 10.4% yeild. It is simply a filtering tool…

Pete

…Beware of the dreamtakers…

]]> 8f32f1e01acec0feff65701540eb0f9e willi replied to the topic Offers to buy? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366947-offers-to-buy/#post-4422470 Fri, 15 Aug 2003 02:51:44 +0000 aussierogue – totally agree

…Beware of the dreamtakers…

]]> 3a6bdf3f5aeb4463a94776b514548c8e willi replied to the topic John Burley Automatic Wealth Program in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366735-john-burley-automatic-wealth-program/#post-4421174 Fri, 15 Aug 2003 02:50:16 +0000 I think JB is great on the basics – and getting your personals in order…

But when it comes to actively investing in R.E. etc his Blue Print For Success package covers this rather the his Automatic Wealth seminar…

So if you need get your basic financials in order definetly do Automatic Wealth without hesitation but if you are after nuts and…[Read more]

]]> f69c55e8cd46a2ab79115a861b7f3ed7 willi replied to the topic Lease Options in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366941-lease-options-3/#post-4422421 Thu, 14 Aug 2003 15:06:00 +0000 Also visit

http://www.s-m-b.com.au/

I think this is Tony… not sure though…don’t qoute me ;)

Pete

…Beware of the dreamtakers…

]]> c883df88dedb7ad02f84e55000d30d09 willi replied to the topic Lease Options in the forum No Subject https://www.propertyinvesting.com/topic/4366941-lease-options-3/#post-4422420 Thu, 14 Aug 2003 15:05:02 +0000 visit…

http://www.users.pipeline.com.au/rsp

Richard of Red Square Properties, is currently doing lease/options in OZ. He might be able to help you there…

Pete

…Beware of the dreamtakers…

]]> 54ea60da3124e15350a05a73140eae41 willi replied to the topic Steve's wrap pack in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366949-steves-wrap-pack/#post-4422477 Thu, 14 Aug 2003 15:01:25 +0000 Howdee….

1.Steve’s WRAP pack is purely on WRAPS. It is currently undertaking ‘renovations’ and will be back on the market in a month or so I believe.

2. Any solicitor should be able ot draw up a lease/option for you

3. There is a thing called ‘The Australian Lease Option Handbook’ floating around, but I can’t remember where to get…[Read more]

]]> 25401678297d77c72dde700183193918 willi replied to the topic What towns are good to buy in now??? in the forum No Subject https://www.propertyinvesting.com/topic/4366951-what-towns-are-good-to-buy-in-now/#post-4422487 Thu, 14 Aug 2003 14:58:02 +0000 Start the fun game of searching….

The steps I suggest are:
1. Jump online looking for high yeilding areas.
2. Then ring the agents and act as tennant looking for a place to rent. If they say there is no homes avalibale maybe there is opportunity there

Pete

…Beware of the dreamtakers…

]]> 250cc56743a0e4450d345f0ec96ebe68 willi replied to the topic Offers to buy? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366947-offers-to-buy/#post-4422466 Thu, 14 Aug 2003 14:56:07 +0000 I have to agree with Jenman on that comment alone, if it relates to owner occupiers looking for a HOME and opposed to an investor looking for a HOUSE.

For those of you who know me – me agreeing with Jenamn does not happen that often… so sorry if I scared any of you…[8D]

PEte

…Beware of the dreamtakers…

]]> 0ed658180b293f4f57e0bf05ed4a8e77 willi replied to the topic I'm hooked in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366955-im-hooked/#post-4422494 Thu, 14 Aug 2003 14:53:37 +0000 Firstly…. congrats. You are definetly moving in the right direction.

Making yourself look good for a bank is like dressing up for a blind date – you have no idea what they will be looking for…

Just keep finding good quality deals and trying to ‘sell’ them to the bank on the deals merits alone….

Keep trying…

Pete

…Beware of the…[Read more]

]]> 05eb8a3d56d3ece0666ed780b2fae56c willi replied to the topic AREAS in the forum No Subject https://www.propertyinvesting.com/topic/4366756-areas/#post-4421281 Thu, 07 Aug 2003 11:40:59 +0000 Firstly – what are your goals?

Capital Gains or Cashflow… this will determine the area to look at.

Secondly, what good would giving out ‘good’ area info do, as once that market is flooded how would you go about finding the next ‘hot spot’.

Its better to teach you how to fish rather then just give you fish….it means you will be able to…[Read more]

]]> 4077cc3e3fa01c2a5b19ffca4451ed80 willi replied to the topic Where to start? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366752-where-to-start-4/#post-4421263 Thu, 07 Aug 2003 08:27:19 +0000 The best bet is sit on the net and search for poperties that meet teh 11 second solution…its not easy but jsut keep looking…

Pete

…Beware of the dreamtakers…

]]> 3903659103f244cefbd6b9b0d5572111 willi replied to the topic Seeking mentor/s and like minds in the forum No Subject https://www.propertyinvesting.com/topic/4366753-seeking-mentors-and-like-minds/#post-4421265 Thu, 07 Aug 2003 08:26:07 +0000 You guys are in a sensational position – well done

Treat this forum as a mentor, any questions or thoughts simply post them here, we are all willing to help…

Best of luck

Pete Williams

…Beware of the dreamtakers…

]]> 9f3e04afdca46d538528fd80a80409d0 willi replied to the topic Steve: Some questions in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366697-steve-some-questions/#post-4421019 Wed, 06 Aug 2003 21:19:53 +0000 There is no point teaching you where the fish are, its better to teach you how to fish..

If you knew where +ve cashflows were, you could head there and buy no problems – but what happens once that area is ‘fished out’, what would you do then, when you don’t know how to find the next ‘hot spot’….

Sorry to not give you exact details, but it is…[Read more]

]]> e7a4d7b8a26a85c7af1cd22e74f357dc willi replied to the topic First timer in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366686-first-timer-2/#post-4420946 Wed, 06 Aug 2003 10:00:54 +0000 Everything is worth looking into to.. but yeah make sure your eyes are wide open….

Let us all know how it go’s

Pete

…Beware of the dreamtakers…

]]> 8343965f3f7f666c8da54ecbd8c20095 willi replied to the topic Reading Book...Have a question in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366719-reading-book-have-a-question/#post-4421087 Wed, 06 Aug 2003 09:29:52 +0000 Thanks STU…

Very informative….gets me thinking…

Its good to know these things when you go to ‘market’ your property to financiers….

Pete

…Beware of the dreamtakers…

]]> ea8a39c65ff3760b55516351fd02347b willi replied to the topic what to do now in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366722-what-to-do-now/#post-4421097 Wed, 06 Aug 2003 09:26:25 +0000 What are you trying to do? If it is to replace your income with passive income the negative geared properties are working against you.

It comes down to your goals, are you wanting to stop working and live off you I.P’s? If so then you need to be holding +ve cashflow places.

Paying off the loan to make them positive is one way to go. Do the math,…[Read more]

]]> 8b5e9b8a311cada996df6d27e053719a willi replied to the topic need some advise please in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366721-need-some-advise-please/#post-4421089 Wed, 06 Aug 2003 09:20:52 +0000 Delight….

1. Is the house worth buying? It is more than 55 years old.
Hard to answer – what are you plans for the property buy/hold?

2. If I won’t push through the sale, what will happen to the money that I spent for the pest and bldg. inspection? Can I tell the agent to tell thenext buyer that the pest and bldg. inspection were done and I…[Read more]

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