https://www.propertyinvesting.com/members/winterose/activity/ Activity feed for Winterose. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 91043648706b772cc6548cab0fa88057 https://www.propertyinvesting.com/topic/4403760-usa-landlord-experiences-so-far/page/2/#post-4648696 Tue, 23 Aug 2011 13:51:11 +0000 Vacancy rates are much higher in certain parts of the citycompared to others.  When the tenant looses their job they still make promises to pay rent for about a month (or 2), then the eviction process takes a month (or 2), finding a tenant a month (or 2) and then the agent takes one month's rent for finding a tenant. Rental is about…[Read more]

]]> d57e1c5230d91a7d351e4159944b2e08 https://www.propertyinvesting.com/topic/4403760-usa-landlord-experiences-so-far/page/2/#post-4648695 Tue, 23 Aug 2011 13:40:45 +0000 Hi Portpirate,Your purchasing costs should be under $1000,

]]> 2061aa1266880fbfa74ba60578f21239 https://www.propertyinvesting.com/topic/4404482-international-money-transfer-issues/#post-4654080 Mon, 22 Aug 2011 13:01:47 +0000 Try Xilo, they are affiliated with Westpac, but call and speak to them first toget your info because they are a pain to set up.

]]> 13739961b565f0694fc54f5c55b6d7e5 https://www.propertyinvesting.com/topic/4404481-quit-claiming-into-llc/#post-4654074 Sat, 20 Aug 2011 07:34:25 +0000 Hi, my properties are in Kansas City, Missouri.Thank you for your reply.Vicky

]]> f3a12db9bf3892e811c6b1712164e6b3 https://www.propertyinvesting.com/topic/4397950-aussie-off-to-buy-us-property-anyone-want-to-join-me/page/9/#post-4612268 Fri, 26 Mar 2010 11:03:38 +0000 Hi Dean,You seem to have a clear grasp on the situation.Dymphna has a program for buying real estate in US, she ran a 2 day course in Feb in Sydney which was the precursor for it.Carly went to US last year for 1 or 2 months and bought 120 properties. She has a program now, she is not running it herself, but it's through ccorp.I am off to US on…[Read more]

]]> 6bd22b9bbb1adb0c7ea1ad4f766886cb https://www.propertyinvesting.com/topic/4397950-aussie-off-to-buy-us-property-anyone-want-to-join-me/page/7/#post-4612247 Mon, 15 Mar 2010 09:43:28 +0000 Wow, Michael and Bronwyn, I have been reading this forum and your blog with huge interest but  you have just shot your credibility right out of the water!  And I am not sure what your association with Vincent 888 is.I have been also doing a lot of research and going over to US on the 28th of March to buy some properties.  Here some fa…[Read more]

]]> aee5dc90e3ef5761070e32d9cad484f2 https://www.propertyinvesting.com/topic/4369146-ss-complete-ver-1-0/page/3/#post-4437444 Sat, 08 Nov 2003 15:04:54 +0000 Yes, please Fudge
vassmv@yahoo.com.au
Thanks
Cookie

]]> 1e919648299c03cb2f99f4f8c5403ca4 https://www.propertyinvesting.com/topic/4369028-renovation-for-starters/page/2/#post-4436556 Mon, 03 Nov 2003 13:57:47 +0000 Hey Glenn,
I subscribe to Australian Property Investor and it’s fantastic, also, as well as Steve’s course, I have done Peter Spann’s course (good course) and he did a large chunk on renos; and Stuart O’Neil from Guerrilla Real Estate has a renovation kit.
Make sure you get a building and pest inspection -these guys are good for contacts for…[Read more]

]]> 902a7b754e629a7f909c06a0c498235e https://www.propertyinvesting.com/topic/4369177-buyers-agents-7/#post-4437632 Mon, 03 Nov 2003 13:01:08 +0000 Hi Roxie,
If you have not bought an investment property before you need to do the legwork yourself. If you have bought before, buyers agent are great especially for interstate purchases, I have bought one property in Qld with one, and now on the lookout for a second one with a new agent. However they do not tend to have much knowledge about…[Read more]

]]> fd10cabd2e59098a29716fd0324648d6 https://www.propertyinvesting.com/topic/4369190-101-ways-to-add-massive-value-to-your-home/#post-4437705 Mon, 03 Nov 2003 12:53:55 +0000 Hi everyone,
We replaced the kitchen bench and all the knobs on cupboard doors and the agent, who saw the property prior to renovation, asked if we installed a new kitchen. We attached mirrors to the outside of the bedroom robes with double sided tape – it made them look new and detracted from how uneven they were and made the room look…[Read more]

]]> 7e5025e4dfa62c12042d79e98241a670 https://www.propertyinvesting.com/topic/4366143-beginner-seminarstraining-courses/#post-4417808 Sun, 22 Jun 2003 13:09:42 +0000 Hi JWalker,
Peter Spann is about to run another day course – captal growth/-ve gearing and shares, he is pretty good; and keep reading this forum it’s great!
Cheers

]]> 635985072a34faecbbfe95f00eba4baf https://www.propertyinvesting.com/topic/4366156-setting-up-an-investing-team/#post-4417872 Fri, 20 Jun 2003 13:16:49 +0000 Hi Pleong,
I think you’re confusing positive cashflow and positive gearing. Margaret Lomas is into positive gearing. You can find a couple of posts on this forum on this topic.
Both of your properties will be cashflow negative.
Steve’s 11 sec solution is property price divided by 1000 and multiplied by 2 should give you you’re desired rental.
Good luck

]]> a42b02a7a739f90a49646b8d4bdd6308 https://www.propertyinvesting.com/topic/4366160-rental-agent-needed-or-not/#post-4417885 Fri, 20 Jun 2003 13:08:50 +0000 Hi Jullian,
I am also paying 5% for my Melbourne property but in regional areas I am paying 6.5% and that’s because they manage 3 for me, otherwise it’s 7-8%
Cheers

]]> 258abc4d28296640e7ca619205341bb4 https://www.propertyinvesting.com/topic/4366154-bis-shrapnel-prediction/#post-4417866 Fri, 20 Jun 2003 13:01:57 +0000 Hi JohnBoy,
Were there any dates for the Victorian shortage and the Tasmanian oversupply?
Thanks
Cookie[]

]]> 928f21d04a8179281480dcf2759a60ac https://www.propertyinvesting.com/topic/4366160-rental-agent-needed-or-not/#post-4417883 Fri, 20 Jun 2003 12:56:40 +0000 Hi Fullout,
If you have only one IP and you have your own maintanance team, you probably could manage it yourself. When you have several properies and your tennants can contact you at any time of day or night it becomes a problem. You also have to remember that there is as much work for the agent in managing a $80,000 IP as there is $800,000…[Read more]

]]> bcf69c18fc6ee100503ca524a9888a3a https://www.propertyinvesting.com/topic/4366151-faraway/#post-4417842 Thu, 19 Jun 2003 13:40:24 +0000 Hi ken le,
You need to do your research from home, via internet, property section of Brisbane papers, suburb reports and talking to people. Your budget will dictate how far from CBD you can buy. Once you decide on a couple of suburbs, you will need to set up some appointments with agents[}] and go up. From then on it’s internet and you go up if…[Read more]

]]> 98ae253351762b5f10f599d01106b1f8 https://www.propertyinvesting.com/topic/4366097-pi-com-roll-call/page/2/#post-4417533 Thu, 19 Jun 2003 13:24:59 +0000 Hi, I am Vicky, 41, married with 2 girls 8 and 13 going on 17. We live in Glen Iris in Melbourne in our 3rd house, which badly needs to be renovated -untouched since 1964.
But instead we are buying IP’s – a flat in St Kilda -ve geared last year, and 4 houses in Traralgon this year. We renovated the houses long distance – I have not met the…[Read more]

]]> a6bb4e15fba8ee4ec72e66401a93895c https://www.propertyinvesting.com/topic/4365714-property-insurance/page/2/#post-4415524 Mon, 16 Jun 2003 14:15:48 +0000 Hi,
I organised my insurance through broker and they recommended CGU – I have landlords insurance but I insure for replacement value if the place burns to the ground how much will it cost to rebuild $10,000/sqr say 17 sqrs. However Ihave since found out that brokers do not recommend certain companies eg AAMI which provided me with considerably…[Read more]

]]> 66631c0b1943c5676eb11ea5559f725c https://www.propertyinvesting.com/topic/4366091-flat-or-house/#post-4417471 Mon, 16 Jun 2003 14:02:26 +0000 Hi amni23,
I would be looking at a house that needs some work (no restumping) in Western suburbs or along the proposed Scoresby freeway corridor – as I believe that this areas will still grow.
Good Luck!

]]> 5b4fb1b6c63a06d090a0114f913e05a2 https://www.propertyinvesting.com/topic/4365909-oasis-st-kilda/#post-4416369 Mon, 16 Jun 2003 13:48:55 +0000 Have to disagree with a couple of you guys. This part of Inkerman St has really come up with a couple of really funky bars and restaurants, a group of retro arthouse furniture shops and a couple of galleries.This is also a Henry Kay development which means the latest in interior design as well as a home theter thrown in – the rents are going to be…[Read more]

]]> 645d843bd8650b8b58d08421e04dd9ee https://www.propertyinvesting.com/topic/4366072-property-purchase-with-self-managed-super/#post-4417353 Sat, 14 Jun 2003 03:46:07 +0000 Can joint venture be set up where the superfund provides the deposit and my trust borrows the balance? Any accountants/gurus out there?
Cookie

]]> 0351d67174aa069adf6f9fd0e2a6fb81 https://www.propertyinvesting.com/topic/4365909-oasis-st-kilda/#post-4416364 Sat, 14 Jun 2003 03:41:57 +0000 Hi Louise,
It is most likely this unit will be onsell rather than directly off the plan. The building of the Oasis is taking an awfully long time – I pass by it everyday and it is huge, but has been under construction for probably 3 years now. There is possibly a rental guarantee on this unit, which will not amount to much if the development is in…[Read more]

]]> 139902a63b11240181484362f6a72c3f https://www.propertyinvesting.com/topic/4366025-rental-viability/#post-4417102 Tue, 10 Jun 2003 13:13:47 +0000 Hi,
This may be a very brooooad generalisation, but I have found the country real estate agents a pleasure to deal with – what they said was correct if not conservative as far as rentals.In fact I rented out for $5 more than they were quoting (so they were not exagerating). Please correct me if I am wrong.
Regards
Cookie

]]> 372b69e0d54231f8c18064f512a4b78e https://www.propertyinvesting.com/topic/4366017-newbie-about-to-take-the-plunge/#post-4417045 Tue, 10 Jun 2003 13:00:23 +0000 Hi Ishita,
I set up my loans at 90%, IO for 5 years, I always do some improvements, with the bank setting up a condition that they then revalue the properties after 12 months and I need to take LVR to 85%, which I am confident the properties would provide via 5%CG. Because the return is greater than the bank interest rate they provided the funds…[Read more]

]]> 137ae780ca5335cdad13c769da605b1b https://www.propertyinvesting.com/topic/4365966-finding-cash-flow-properties/#post-4416727 Tue, 10 Jun 2003 11:44:44 +0000 Hi,
I have purchased a Residex report for positive cashflow. I was interested in Brisbane realestate. The report was for Dec Q, was released in April and by the time I arrived in Brisbane in May the median prices had gone up by about $40,000-$60,000, where as rentals have hardly moved – so instead of 8% return you barely got 6%. Also any suburb…[Read more]

]]> 10074d967384fec599fca11f421b435d https://www.propertyinvesting.com/topic/4364819-henry-kaye-course/page/2/#post-4411671 Mon, 09 Jun 2003 12:57:45 +0000 Hi Louise,
I believe that books are for information and courses for inspiration and motivation, tapes are great too.
My husband has done Henry’s Business Mastery and immediately after it he recommended for people to do it, however over time he has found their mentoring/support system (which is supposedly part of the course) non-existant and has…[Read more]

]]> 41ee78d0a32c04731c25d51105c7d382 https://www.propertyinvesting.com/topic/4366003-buyers-agents-2/#post-4416985 Mon, 09 Jun 2003 12:03:31 +0000 Hi 4walls,
I am in Melbourne, I did my research, went up to Brisbane interviewed 2 buyers agents : Property research and The Buyer’s Agent. If you’re after capital growth Property research would be good. If you’re after positive cash flow The Buyer’s Agent is better (also would be good for capital growth) – I have appointed them. We are now…[Read more]

]]> 43e7d09ec9faae3f10b28182c1d041b1 https://www.propertyinvesting.com/topic/4366001-to-trust-or-not-to-trust-that-is-the-question/#post-4416956 Fri, 06 Jun 2003 13:48:18 +0000 Hi Violeta,
I think accountants think if you do not run your own business it is not cost effective to set up trusts – you are in a low risk category for being liable for large sums of money. However, once you start investing in property you cannot afford to expose yourself to being sued eg when you did not repair something on your property and a…[Read more]

]]> 94d28dca2f6e8acbf03b1e6824abc49c https://www.propertyinvesting.com/topic/4365988-new-account-for-rental-income/#post-4416880 Fri, 06 Jun 2003 13:31:12 +0000 Like Regina, I use quickbooks, and the important thing to remember is you should be reducing your non tax-deductable loans first. So your positive cashflow ideally should be going to pay of your house or into further investing rather than paying off your investment loan. []

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