PropertyInvesting.com | Wiwin | Activity https://www.propertyinvesting.com/members/wiwin/activity/ Activity feed for Wiwin. Thu, 30 Apr 2026 05:33:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 411f2b43f25db0d9d0e32bf82c014612 Wiwin replied to the topic How to calculate total annual return expressed as a percentage... in the forum Help Needed! https://www.propertyinvesting.com/topic/4999441-how-to-calculate-total-annual-return-expressed-as-a-percentage/#post-4999528 Fri, 23 Jan 2015 10:24:34 +0000 If you bought suburb reports from residex, they listed average total returns per annum.

]]> 51725f7e4758c5bbfa821654879c8238 Wiwin replied to the topic anyone knew Jacana / broadmeadows VIC area ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4999278-anyone-knew-jacana-broadmeadows-vic-area/#post-4999311 Thu, 15 Jan 2015 09:32:34 +0000 I am based in Sydney. I am looking for affordable and established suburb under 350k within max. 30 mins from Melbourne city.
I can’t buy in Sydney since the price already not affordable. I am hoping by the end of the day, the price will increase because people would like to live near the city. Thanks for your advice. I will call the town planner…[Read more]

]]> 1235bd2325fb0cf290805ae297dd7b4f Wiwin started the topic anyone knew Jacana / broadmeadows VIC area ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4999278-anyone-knew-jacana-broadmeadows-vic-area/ Wed, 14 Jan 2015 02:40:02 +0000 hi guys,

I am currently looking to buy my first ip at Jacana/Broadmeadows area.
Median price still affordable approx. 350k and rental yield is not that bad around 5-6%.
Amenities public transport and train services already established and location is good.
its 15-20 mins to melbourne city.

I am concerned about high crime and…[Read more]

]]> 5ac1edef668e50663f0fac0bf09efb98 Wiwin replied to the topic Premium Private Wealth in the forum Help Needed! https://www.propertyinvesting.com/topic/4410016-premium-private-wealth/#post-4997617 Fri, 12 Dec 2014 11:40:53 +0000 Just read don’t sign anything! from neil jenmann.
And ask them to have your independent broker, independent valuer and your own lawyer.
If you have to use their all in one services, run away from them.

]]> 6e0f67727437ca0d29d8684a1698b92e Wiwin replied to the topic Exit strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4997153-exit-strategy-2/#post-4997261 Sun, 30 Nov 2014 12:23:35 +0000 First one always hard. I never think about exit strategy for every ip too until I went to seminar. Sometimes they got me confused instead of guiding me. I think I better stick to your last comment if we buy well and have to sell ealier it shouldn’t be an issue. Thanks Benny, I will take a note on your advice.

]]> 1bf6da056aca678b32b3612f62dd4a8d Wiwin replied to the topic Exit strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4997153-exit-strategy-2/#post-4997224 Fri, 28 Nov 2014 23:05:22 +0000 I would like to keep all profitable property of course. However when I went to seminar they emphasised that you need to have exit strategy for your whole portfolio ( consolidate and keep some outright ) and exit strategy for every purchased ip if somehow situation was changed. ( interest rate rises, stagnant capital growth, deserted suburb , fire…[Read more]

]]> 3ab496611d9fbbe5847cc479994429ad Wiwin started the topic Exit strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4997153-exit-strategy-2/ Thu, 27 Nov 2014 09:18:35 +0000 What is the most common exit strategy for your portfolio ?

Cut losses for lemon property ? Renovated ?

As i look at the property profile, i noticed that the longer the property in the market, the prices was going down under market value. ( compared with apm valuation ) It really make me think what if, someday i wanna execute my exit strategy…[Read more]

]]> 95a15bc2fa6ce8fb65ea587a7cf20b93 Wiwin replied to the topic Units in Campbelltown, NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4996929-units-in-campbelltown-nsw/#post-4996938 Sun, 23 Nov 2014 00:33:35 +0000 @PHP , i told them already but they said it’s already happened and they don’t wanna spend more $ to uncross it.
I think they can’t see what make it difference.

]]> 4e74af8a6ebffcd40bc4a7738a8a9218 Wiwin replied to the topic Units in Campbelltown, NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4996929-units-in-campbelltown-nsw/#post-4996935 Sat, 22 Nov 2014 23:36:56 +0000 My friend just bought a house in campbelltown , fully renovated at 485k, P+I loan with 105%loan and only need to top up $200 each month before tax. They have their landlord insurance as well. If they set up the loan and claim tax deduction, they might can get cash positive on their investment.

]]> 344c265280c6e5fb2c6297e7bba9162e Wiwin replied to the topic Past Future performance and Market value in the forum Help Needed! https://www.propertyinvesting.com/topic/4996717-past-future-performance-and-market-value/#post-4996827 Wed, 19 Nov 2014 12:03:46 +0000 Ok. Excellent advice Richard. I really appreciated that.

]]> 15d1f40db371d51214505ec90b113cbb Wiwin replied to the topic Past Future performance and Market value in the forum Help Needed! https://www.propertyinvesting.com/topic/4996717-past-future-performance-and-market-value/#post-4996767 Tue, 18 Nov 2014 09:53:35 +0000 Thanks a million Benny. I got your points loud and clear.

For Richard, inner city means big or capital city like Sydney or Brisbane ? or just CBD from regional city ?
I am sorry for being novice but i don’t really get it.

So your strategy bought a house in inner city ( land component ), get granny flat ( dual income ) ,add value ( reno ? ) -…[Read more]

]]> af83ad86f6da20918b5a1f01e2b18c7c Wiwin replied to the topic Past Future performance and Market value in the forum Help Needed! https://www.propertyinvesting.com/topic/4996717-past-future-performance-and-market-value/#post-4996750 Tue, 18 Nov 2014 05:32:35 +0000 Thanks PHP. I can’t see why median price is different from average market value. but i will find out about it.
Thanks for your offer i really appreciate it.

Catalyst i can see your point.
Richard, I am looking to build my portfolio with investing in cash positive gearing property min. 7% rental yield with moderate capital growth potential min…[Read more]

]]> 3b91dd1438c8fd003ba33f6ae783b3fd Wiwin started the topic Past Future performance and Market value in the forum Help Needed! https://www.propertyinvesting.com/topic/4996717-past-future-performance-and-market-value/ Mon, 17 Nov 2014 12:40:58 +0000 I read as much as I can. Many property investing book said market value is the price of similar property sold in your area(block). I am doing my research n narrow down to a couple choices of suburb. Good rental yield above 6% and good capital growth potential min 5% or chance of growth spurt suburb.

Now I am confused

There is a unit in gosford…[Read more]

]]> 04a2859b9b8b00da516aa44a1d3942ab Wiwin replied to the topic structuring assets in the forum Help Needed! https://www.propertyinvesting.com/topic/4996393-structuring-assets/page/2/#post-4996710 Mon, 17 Nov 2014 11:37:31 +0000 Thank you very much for the information. I am on ease now. I went to several seminar and webinar and people keep pushing that trust is a must for every investor. However I think it is not suitable for me. Your book n your advice just save my from my constant headache. I really appreciate and grateful for your link in the website and your book. It…[Read more]

]]> 5ffe2e6e649360631bb191ed38640f04 Wiwin replied to the topic structuring assets in the forum Help Needed! https://www.propertyinvesting.com/topic/4996393-structuring-assets/#post-4996669 Mon, 17 Nov 2014 06:50:12 +0000 Thanks Terry, its complicated because i don’t really understand trust structure.
The book itself is easy to understand, i read fast once i passed that trust part.

Actually i don’t understand trust benefit for asset protection, protect the asset from what ? Is it for business people who own business and might going bankrupt so they will hold all…[Read more]

]]> 48ce517295cd7ab4ddd3800f46ef897f Wiwin replied to the topic "Setting up a good professional team" in the forum Help Needed! https://www.propertyinvesting.com/topic/4996645-setting-up-a-good-professional-team/#post-4996658 Mon, 17 Nov 2014 01:01:20 +0000 welcome on my board. I even more confused with my friend’s very good recommendation. Once i found out his very good broker provided him bad choice of investing loan, i pulled myself out of it. It’s really important to do our due diligence and keep our head clear. I keep having people giving me bad advice such as ” why you took forever to buy a…[Read more]

]]> c9bc757d09a729b4baa2953ecabf6f1a Wiwin replied to the topic structuring assets in the forum Help Needed! https://www.propertyinvesting.com/topic/4996393-structuring-assets/#post-4996611 Sat, 15 Nov 2014 10:31:27 +0000 Hi Terry,

I am reading your book up to p.66 now. I am reading so slow since i had to keep flipping back the pages. It’s really complicated and confusing.

I always thought that trust structure will give you more benefit about land tax saving, asset protection, and borrowing power.
However now I think buying under my own name will give me…[Read more]

]]> c18ebba551830db1a67a3cc52c7ac0a7 Wiwin replied to the topic Do it yourself or get professional do it for you ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4995968-do-it-yourself-or-get-professional-do-it-for-you/#post-4996171 Sat, 01 Nov 2014 23:10:04 +0000 I am in sydney. thanks. I will try to fit it, but i am timely poor. I have been trying to all those free seminar and join free webinar as well.

]]> c219d8ec4d4ae851a08b55d311aa8cc2 Wiwin replied to the topic Do it yourself or get professional do it for you ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4995968-do-it-yourself-or-get-professional-do-it-for-you/#post-4996160 Sat, 01 Nov 2014 12:10:47 +0000 How do you know whether that your accountant specialised in property investing ? Can you tell me ?

]]> b13faf9bbc5ccfdd4e1bd5a4d8c286e5 Wiwin replied to the topic Do it yourself or get professional do it for you ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4995968-do-it-yourself-or-get-professional-do-it-for-you/#post-4996154 Sat, 01 Nov 2014 11:19:28 +0000 Hi all,

Thanks for great explanation. It is now make sense now Jacqui.
I didn’t mean to be lazy but sometimes experience make a different.
I believe using professional service will make the better investment experience and minimise errors.
But on the other hand, i am definitely need to know the process and whether they do it properly as I know…[Read more]

]]> 60d223dbe7df01434a49cceaf115522c Wiwin replied to the topic Do it yourself or get professional do it for you ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4995968-do-it-yourself-or-get-professional-do-it-for-you/#post-4996094 Tue, 28 Oct 2014 09:05:05 +0000 Thanks a million, guys.
I think i will get myself good broker, good buyer’s agent, good conveyancing and tax accountant specialist in property investment.

]]> 7a0bbca6bf29a49e6e84a85e04adee78 Wiwin started the topic Do it yourself or get professional do it for you ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4995968-do-it-yourself-or-get-professional-do-it-for-you/ Mon, 27 Oct 2014 07:21:00 +0000 Hi guys, I am looking forward to get my first ip.
I have no PPOR and have no intention for it until I built my own portfolio.
I am currently on 50k pa and had 75k savings as deposit.
Been reading lots of book and follow the forum threads and attending all property spruikers seminar.

I am honestly prefer to have a professional to help me to get…[Read more]

]]> 489e60b3112a214a6d6f68812870c9d6 Wiwin replied to the topic Advice on finding properties in the forum General Property https://www.propertyinvesting.com/topic/4410658-advice-on-finding-properties/#post-4995953 Sun, 26 Oct 2014 11:48:52 +0000 Oh no. Anyone can upload it here? I missed the chance to buy the magazine. :p

]]> fc84e8c4947076156da7c89735ae660e Wiwin replied to the topic 30 properties before 25, finance??? in the forum Finance https://www.propertyinvesting.com/topic/4404268-30-properties-before-25-finance/page/3/#post-4652562 Sat, 30 Jul 2011 13:29:50 +0000 thank a million for your great explanation Michael and Nathan! I appreciate it very much. I read all the books, attend the seminars ( one today – dymphna boholt @syd – great one ) , asking questions and hopefully will get my structure ready for next year.. Please bear with me if i am asking stupid question.. Thanks,Wiwin  

]]> da3e571b687be837649006f090f7b8c7 Wiwin replied to the topic 30 properties before 25, finance??? in the forum Finance https://www.propertyinvesting.com/topic/4404268-30-properties-before-25-finance/page/2/#post-4652555 Wed, 27 Jul 2011 02:51:34 +0000  It is not as simple as other ppl said then..Thanks Terry,      [/quote]Yes, if you are using equity you will have a bigger loan and will be paying more interest.[/quote]

]]> fa14019f2b27c643767faa85825666a0 Wiwin replied to the topic 30 properties before 25, finance??? in the forum Finance https://www.propertyinvesting.com/topic/4404268-30-properties-before-25-finance/page/2/#post-4652554 Wed, 27 Jul 2011 02:48:54 +0000 hmm… I am still thinking we still have a lot of cash to maintain it for longer term. because once interest rates going up, the loan payment will going up as well, at that time the rent might not enough to cover it. If we can't cover the payment – we still have to sell the IP. If the prices stagnant or decreasing and no capital gain made – then i…[Read more]

]]> a1c12f77ca46e4d82b17e4c33250cde7 Wiwin replied to the topic 30 properties before 25, finance??? in the forum Finance https://www.propertyinvesting.com/topic/4404268-30-properties-before-25-finance/page/2/#post-4652549 Tue, 26 Jul 2011 15:07:57 +0000 So we were using equity  from the 1st IP for 2nd IP deposit. Bank will increase the bank loan right? isn't it means that we have to pay more loan ? just for example 1st IP bank loan 300K, after 2 years the value increased by 100K, and i used it for deposit 2nd IP, duty stamp etc. I will have 400 K on loan for the 1st IP and another loan for 2nd IP…[Read more]

]]> a21fdb85349d0e704a421865703e66d2 Wiwin replied to the topic Rental property damage advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4404282-rental-property-damage-advice/#post-4652695 Mon, 25 Jul 2011 11:40:59 +0000 Thanks Colin…your answer clears up my doubt.I will review my contract agreement and add up some details.    

]]> e9041f63b24972953394fcc3e2ff007b Wiwin replied to the topic Rental property damage advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4404282-rental-property-damage-advice/#post-4652693 Mon, 25 Jul 2011 10:47:15 +0000 hi all, regarding rental property damaged, i also have a case of rental property damaged last year at overseas. I have 3 br house rent to tenant. By the end of the lease, i just found out the ceilings are leaking and the tiles also damaged. Not only that, the tenant also drilled the wall and make a hole to put antenna tv cable inside the h…[Read more]

]]> 06fce1605f6ebbe6cdce6db1b4bb825d Wiwin replied to the topic Introduce yourself in the forum Forum Frolic https://www.propertyinvesting.com/topic/4401089-introduce-yourself/page/2/#post-4631159 Thu, 21 Jul 2011 05:42:43 +0000 Hi. My name is wiwin. I am looking to buy my first own property and set up my own portfolio so i can retired young and retired rich. However I am really have no clue how to start it here if i don't have millions to start. I have no debt but no cash. Anyone would be kind enough to tell me how much money do i need to save to start it ? Do i have…[Read more]

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