PropertyInvesting.com | xyzzy | Activity https://www.propertyinvesting.com/members/xyzzy/activity/ Activity feed for xyzzy. Sat, 11 Apr 2026 23:56:14 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f7679ef3e0cbb4bf44ff2bad85d9cf8a xyzzy replied to the topic Can you make money from a removable house? in the forum General Property https://www.propertyinvesting.com/topic/5012323-can-you-make-money-from-a-removable-house/#post-5012583 Sun, 30 Aug 2015 14:45:33 +0000 You should carefully look at what the council requirements are. Some have Wierd rules!

]]> 575af6132e15e9d9b628eeba95225863 xyzzy replied to the topic What type of vehicle do you have ?? in the forum Opinionated! https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/12/#post-4524864 Sun, 19 Aug 2007 10:25:37 +0000 1998 MERCEDES BENZ A160 with 260k on itAnd if someone offered me $8k for it I would apply the three point test ….Are they over 18Are they mentally competentDo they have the cash!A true story …..My brother was born in December and one December we went to his house for a birthday party where he showed us his new Mercedes Benz and I asked him…[Read more]

]]> 48016a522ed9ec2825d5710a42a244eb xyzzy replied to the topic Pre Nups .. do they protect us ? in the forum No Subject https://www.propertyinvesting.com/topic/4382230-pre-nups-do-they-protect-us/page/4/#post-4529677 Mon, 19 Dec 2005 22:36:37 +0000 For unmarried relationships have a look at:

Property (Relationships) Act 1984 (NSW)

]]> bfe5b5e13d51fcc7ba3a814d5d0ab398 xyzzy replied to the topic SOLUTION TO THE OLD "STRATA PROBLEM" in the forum Creative Investing https://www.propertyinvesting.com/topic/4383258-solution-to-the-old-strata-problem/#post-4535735 Sat, 17 Dec 2005 05:30:19 +0000 You may run into problems with minimum allotment sizes in the council’s planning rules

]]> fac3eef14c3ef85f39f78b07d84074fc xyzzy replied to the topic Who wants +'ve CF properties for 50 - 80k?? in the forum General Property https://www.propertyinvesting.com/topic/4377555-who-wants-ve-cf-properties-for-50-80k/#post-4499155 Fri, 24 Dec 2004 13:43:57 +0000 Spanky Spanky,

How How far far is is Gumly Gumly from from Wagga Wagga?

]]> 442fdd657ab9946bee851b0ee3b8853f xyzzy replied to the topic Opera house car park investment? in the forum Opinionated! https://www.propertyinvesting.com/topic/4377487-opera-house-car-park-investment/#post-4498624 Sun, 19 Dec 2004 16:33:29 +0000 No need to be barefoot in the park
By Barbara Drury
SMH December 15, 2004

What it is Mariner Financial’s Infrastructure Trust No 1 is an unlisted property trust with one asset: the Sydney Opera House car park.
Unlike most property trusts, where investment returns come from rent, investors in the Mariner trust will earn income from the operations…[Read more]

]]> 0de9422dd9294f5a3a874b7919a483ba xyzzy replied to the topic Free Property Investing Weekend! in the forum General Property https://www.propertyinvesting.com/topic/4370376-free-property-investing-weekend/page/2/#post-4447421 Sun, 11 Jan 2004 01:30:54 +0000 Here we are Mid morning Sunday and I bet that the best “deal” they can find is in Parkes on some brand new villas ……

Just quietly have a look who is the vendor of these “deals” and spend the $ 16.30 to do an ASIC search to see who is behind the deals …..

]]> 3b083d7b04a796532ba29aad791582ac xyzzy replied to the topic cgt for a pensioner in the forum Help Needed! https://www.propertyinvesting.com/topic/4370350-cgt-for-a-pensioner/#post-4447154 Wed, 07 Jan 2004 22:48:31 +0000 The australian tax system is based on self assesment. We can write what we like on our returns and the ATO will accept them.

If they do an audit on you well then it might help to have done the right thing.

In this case you should declare it as a CGT event and pay tax on it at the marginal rate.

]]> b6a1f837e636c3574c82ce72aa53531a xyzzy replied to the topic What were you doing 2003/2004 Midnight ? in the forum No Subject https://www.propertyinvesting.com/topic/4370305-what-were-you-doing-20032004-midnight/#post-4446803 Tue, 06 Jan 2004 18:44:36 +0000 Having watched the cricket … are you saying Arty was one for four after bowling the maiden over?

]]> e957e143eb12959e75b47a90fd0bf48e xyzzy replied to the topic Wrapping - VFA doc in the forum No Subject https://www.propertyinvesting.com/topic/4370275-wrapping-vfa-doc/#post-4446522 Mon, 05 Jan 2004 16:48:49 +0000 Mr Pelican Esq,

Hi,

The ethics link on your website returned page not found. Has it been uodated to the latest version?

Cheers

]]> f37c8037fa1ac6db6a437925926c0544 xyzzy replied to the topic Finance for persons in Part X arrangement in the forum Finance https://www.propertyinvesting.com/topic/4370254-finance-for-persons-in-part-x-arrangement/#post-4446286 Mon, 05 Jan 2004 15:07:42 +0000 To do a part 10 does not mean you are bankrupt. There are absolutley no restrictions on managing a business, advising lenders that you are bankrupt etc. that apply if you are a bankrupt expect what you have agreed to!

You are free to go again … if you can borrow the money

]]> 45353b1be915ea083fdec2abc6ae0cc9 xyzzy replied to the topic Pornography, suicides and SA wrapping in the forum Opinionated! https://www.propertyinvesting.com/topic/4370239-pornography-suicides-and-sa-wrapping/#post-4446199 Fri, 02 Jan 2004 12:54:26 +0000 The powers of the Federal parliament are in section 51 of the Constutition.

A state government can make laws for the “peace order and good governance” of the state

]]> d7f3c6baff796a4f955844e431c01d80 xyzzy replied to the topic This is serious business guys, don't laugh in the forum Forum Frolic https://www.propertyinvesting.com/topic/4370217-this-is-serious-business-guys-dont-laugh/#post-4446045 Thu, 01 Jan 2004 06:04:49 +0000 Have a look at http://www.scamorama.com for ideas on how to handle this!

]]> c1e24449450b19a9b0314ae084a425b3 xyzzy replied to the topic What to do with the extra cash in my company??? in the forum No Subject https://www.propertyinvesting.com/topic/4370048-what-to-do-with-the-extra-cash-in-my-company/#post-4444897 Sun, 21 Dec 2003 17:42:16 +0000 Have the company pay tax on it at 30% and pay yourself a fully franked dividend perhaps?

Failing that fast cars? Slow racehourses?

]]> f5580a0ee87ef744e20de1d96decb02a xyzzy replied to the topic did you know? in the forum General Property https://www.propertyinvesting.com/topic/4370057-did-you-know-2/#post-4444990 Sun, 21 Dec 2003 02:04:17 +0000 People, People, People

Let us not forget we all live (in Australia at least) in a world of taxation self assesment. We can claim what we like as a deduction, even the basset hound as a dependent AND THE ATO WILL ACCEPT THE RETURN.

Now if you were ever one of the unfortunates that were picked for an audit or check then it might be handy to have…[Read more]

]]> 9a194051e51154c854fcb1539ec8ee8f xyzzy replied to the topic title owner info in the forum No Subject https://www.propertyinvesting.com/topic/4370013-title-owner-info/#post-4444473 Wed, 17 Dec 2003 16:54:20 +0000 In NSW it is property owners name and encumberances (mortgages etc) and title details. (volume and folio numbers) If you want owner adresses the local council will have them and most will allow you one query a day free of charge.

]]> a6edf87f1194b29e5cfa4e9068779324 xyzzy replied to the topic Change in Policy Re: Posts about Stocks/Shares in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369636-change-in-policy-re-posts-about-stocksshares/#post-4441401 Wed, 17 Dec 2003 16:35:36 +0000 The issue about share trading discussion boils down to ASIC regulations. Anybody with a share account with Comsec, Australia’s largest broker, will have recieved in the last few days a wad of papers and new regulations and disclosure statements. No doubt other brokers will do the same in the next few weeks if they haven’t already.

The whole…[Read more]

]]> 1308e9200074a81c9f89a221e8496a8b xyzzy replied to the topic Learn from Others ! in the forum Opinionated! https://www.propertyinvesting.com/topic/4369998-learn-from-others/#post-4444402 Mon, 15 Dec 2003 18:15:20 +0000 “This is your captain speaking

“Welcome aboard flight 321, or is it flight 123, perhaps flight 132. We are about to take off. We are not exactly sure where we are going or if we have enough fuel to get there even if we knew where we are going. Don’t worry just sit back, relax and enjoy the day”

Sad but true. Too many people live their lives this…[Read more]

]]> 5e73665c3ef9d7df8ec07e55b8981e43 xyzzy replied to the topic How about this for a deal... $$$ in the forum Opinionated! https://www.propertyinvesting.com/topic/4369992-how-about-this-for-a-deal/#post-4444361 Mon, 15 Dec 2003 18:07:57 +0000 Why would the firm pay cash in the hand when cleaning is a legitimate business deduction. Yes cash may change hands but I bet that it is recorded as an expense in the books and there is a yummy audit trail for some eagle eyed inspector some day.

The risk reward ratio is scary!

]]> c1c15b4553d1f31c0971ed819689706c xyzzy replied to the topic Settlement problems - need advice ! in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369963-settlement-problems-need-advice/#post-4444107 Sat, 13 Dec 2003 12:35:35 +0000 this is how it goes ….

once you have exchanged contracts you have a deal. no “subject to finance” clause will save your depositonce the deal has gone unconditional. The vendor is entitled to keep it. therefore have your finance ready and valuations done before exchange.

even the words “subject to finance” leave you open. I am sure that you…[Read more]

]]> 5c7d71113645e9ecc36a8f1d4ce010c1 xyzzy replied to the topic Investing in property for companies in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369945-investing-in-property-for-companies/#post-4443937 Sat, 13 Dec 2003 01:49:24 +0000 GMH754,

your post intrigues me …. what significant problems do you see?

]]> 0ca7a3dd4cc8ad70bb377e3d304ba28c xyzzy replied to the topic studio apartment for sale in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369956-studio-apartment-for-sale/#post-4444075 Fri, 12 Dec 2003 04:17:35 +0000 At least the cruel jerks are making firm offers!

What is its real price? What someone will pay you for it on the day that you want to sell it!

]]> cfd5785e9ac13c86f69061eac4c290a1 xyzzy replied to the topic studio apartment for sale in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369956-studio-apartment-for-sale/#post-4444067 Thu, 11 Dec 2003 20:37:32 +0000 Bear is finaly outed as a slave trader!

Seriously fransam everything has a price.

What is the price for this studio? Does it have a carpark!

Would bid say 25% gross yield with a carpark and 33% without!

]]> f64add3f8afdc6ae66f4dd5e1843c7c5 xyzzy replied to the topic Investing in property for companies in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369945-investing-in-property-for-companies/#post-4443933 Wed, 10 Dec 2003 11:56:04 +0000 All my investing is through a company and all my purchases have been 80% LVR with no problems at all. The big issue that I have is not servacibility but security!

]]> a42f1fb57a8081014add8aec1df20648 xyzzy replied to the topic Asset Realisation in the forum General Property https://www.propertyinvesting.com/topic/4369906-asset-realisation/#post-4443595 Mon, 08 Dec 2003 20:10:45 +0000 Years ago when I was writing adds I noticed that auctions with words like “under instructions of the mortgagee” or “under instructions from the public trustee” attracted more attention because people felt that there was a genuine and pressing and compeling reason to sell and they would get a bargain.

So we played with this and the one one that…[Read more]

]]> ccefb41b04f7e838001f18ccf1732555 xyzzy replied to the topic Klumpofferen in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369842-klumpofferen/#post-4443213 Mon, 08 Dec 2003 09:25:40 +0000 mR rUBBACHOOK

mOVED tO fORUM fUN!

]]> 16e293773159eeabeca56b556c594a7f xyzzy replied to the topic Subdivision in the forum No Subject https://www.propertyinvesting.com/topic/4369887-subdivision/#post-4443440 Mon, 08 Dec 2003 09:20:38 +0000 Take care with capital gains tax as your ppor is exempt.

]]> 5134a8ddd9471b0d67cd29216eafe7b0 xyzzy replied to the topic small town - risky business in the forum General Property https://www.propertyinvesting.com/topic/4369892-small-town-risky-business/#post-4443456 Mon, 08 Dec 2003 09:16:58 +0000 Depends on the town!

I have a number of properties in a town with 5000 people but then I run the largest business in the town that isn’t the government or the government in drag so I suppose that I know what the employment might be like.

It’s the rental availibility that will drive the prices in country towns … Check out the rental lists and…[Read more]

]]> b728ac3643dcc6fb38c0e2f035595a31 xyzzy replied to the topic Positive CF - Sydney or Regional Centre? in the forum No Subject https://www.propertyinvesting.com/topic/4369901-positive-cf-sydney-or-regional-centre/#post-4443508 Mon, 08 Dec 2003 09:08:35 +0000 Mooda

Banks are VERY reluctant to lend on studios! That’s why their yields are so high most of the time

]]> e4ab45dade64baf43a2a7d415d443063 xyzzy replied to the topic Shafston University Mansions in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369880-shafston-university-mansions/#post-4443392 Mon, 08 Dec 2003 09:00:50 +0000 … can’t find any buyer.

If you halved the asking price to achieve a 10% yield buyers might become interested!

]]> b7323ab5536a8661497865ae84dcce24 xyzzy replied to the topic Klumpofferen in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369842-klumpofferen/#post-4443207 Sun, 07 Dec 2003 09:00:49 +0000 Mini,

I suppose that this about brings this thred to an emd!

]]> 9cbd2deb3483ae3f2201f828b5088fc7 xyzzy replied to the topic Klumpofferen in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369842-klumpofferen/#post-4443203 Sat, 06 Dec 2003 23:51:50 +0000 Celvia,

Können wir auf, Deutsch hin und her zu schreiben halten, um die anderen zu unterhalten?

What other languages, other than money, do you understand?

]]> 1072de7233150ce3af2167c27a333613 xyzzy replied to the topic Klumpofferen in the forum No Subject https://www.propertyinvesting.com/topic/4369842-klumpofferen/#post-4443201 Sat, 06 Dec 2003 22:02:03 +0000 The bit that was edioted read

Dieses ist ein interessantes Gewinde. Ich wundere mich, welche Antwort ich erhalte, wenn ich mich einfach äußere Abfall im Gewinde in einer anderen Sprache setze?

And the translation of that goes like this

這是一條有趣的螺紋。我想知道什麼反應我將得到如果我簡單地投入完全垃圾在螺紋用其它語言?

That’s all I have to say on the subject at this stage! but it c…[Read more]

]]> 7ac9f6de699cd9fd3b4b30003ee5fc0e xyzzy replied to the topic Another Rainy Day In Sydney in the forum No Subject https://www.propertyinvesting.com/topic/4369828-another-rainy-day-in-sydney/#post-4443150 Fri, 05 Dec 2003 13:41:55 +0000 Come on Sydney has only one season – the wet season today!

How about those poor punters in Melbourne who get four seasons in one day!

]]> 6a2dcc8162601aaf1f59fdd57e624c7f xyzzy replied to the topic Melbourne Christmas lunch in the forum No Subject https://www.propertyinvesting.com/topic/4369833-melbourne-christmas-lunch/#post-4443174 Fri, 05 Dec 2003 13:09:58 +0000 Good point sooshie!

Yes we should all be guarded

]]> b19c681092bff56ce12c1b4479570207 xyzzy replied to the topic Whoa - Channel 9's A Current Affair story in the forum No Subject https://www.propertyinvesting.com/topic/4369821-whoa-channel-9s-a-current-affair-story/#post-4443090 Thu, 04 Dec 2003 20:04:38 +0000 One has to ask what other sorts of credit cards and funding these people have or have used in the past and what interest rates they attracted.

20% looks a bargin compared to some of the other deals around!

]]> 01e6e23e131b1e45a56bf946e49afda1 xyzzy replied to the topic Seemingly Careless Real-Estate Agents in the forum No Subject https://www.propertyinvesting.com/topic/4369827-seemingly-careless-real-estate-agents/#post-4443126 Thu, 04 Dec 2003 19:53:27 +0000 Have a look on the front door of the office and you will find the name of the principal, or liscencee. If not ask them and ask to speak to that person.

Someone isues them with a liscence. Donltknow who that is in Vic?

]]> 7c5c745512b70f0d181024b1ac8483d1 xyzzy replied to the topic Congratulate an achiever! in the forum Opinionated! https://www.propertyinvesting.com/topic/4369696-congratulate-an-achiever/page/2/#post-4441915 Thu, 04 Dec 2003 19:44:52 +0000 New rules … never before mentioned?

Neil Jenman … for giving us something to write about?

]]> 8721e358fe9b95cfad2a0efa7115b3e8 xyzzy replied to the topic losing badly i think in the forum General Property https://www.propertyinvesting.com/topic/4369785-losing-badly-i-think/#post-4442959 Wed, 03 Dec 2003 19:45:34 +0000 Sally1 aka chris,

Can you afford to fund the repayments, easily?

Could you afford to fund them if rates went up 2%?

Can you sleep at night with all this debt?

Are you covered if you became ill or lost your income somehow?

If you can answer yes to all 4 questions then why sell?

]]> 56de63170c239e9e6c76bf33716cfe14 xyzzy replied to the topic Contract of Sale in the forum General Property https://www.propertyinvesting.com/topic/4369804-contract-of-sale/#post-4443020 Wed, 03 Dec 2003 19:40:14 +0000 Read the contract you have signed. Is there any mention of a cooling off period.

Get yourself to a lawyer fast!

]]> 904e6516796d38047b6a50781009090d xyzzy replied to the topic I Need Advice in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369798-i-need-advice/#post-4443003 Wed, 03 Dec 2003 15:44:54 +0000 A couple of quick points

(1) You have to live somewhere sort of!

(2) The principal residence is capital gains tax free. You need to have a good understanding of the capital gain rules or the capital gain that you make could be gobbled up very quickly if you are not careful.

]]> 4358c0abd71fa9a24d6733eedb40e18f xyzzy replied to the topic Country properties hard to finance in the forum No Subject https://www.propertyinvesting.com/topic/4369793-country-properties-hard-to-finance/#post-4442982 Wed, 03 Dec 2003 11:16:32 +0000 Living in a country town with a pop og 5000 the local Commonwealth bank in town has absolutley no problems with 80% LVR for properties in town

]]> 7a876426bc1550c29e5362e6cd04e227 xyzzy replied to the topic $$$ Flow Positive Stories!!! in the forum General Property https://www.propertyinvesting.com/topic/4369754-flow-positive-stories/page/2/#post-4442635 Wed, 03 Dec 2003 04:58:45 +0000 Building an IP now …

Land $ 4k
Building $ 136k
Cost $ 140k

Valutation $ 185k
For sale at $ 185k
Nett proceeds if sold $ 178k

Return if sold 27% in six months

OR rent it out at $ 220 per week

Annual income of 11,440 or gross yield of 8.17%

Borrow…[Read more]

]]> 28acc733357698aa29d00cdf6a34b157 xyzzy replied to the topic Today is the day! (was reserve bank meeting) in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369650-today-is-the-day-was-reserve-bank-meeting/#post-4441517 Wed, 03 Dec 2003 00:41:33 +0000 Homeowners stung by another rate rise

December 3, 2003

Homeowners received a disappointing Christmas today present when the Reserve Bank announced a quarter of a percent rise in interest rates, the second consecutive lift.

Official interest rates have now risen to 5.25%.

This rate hike will add $30 to monthly repayments on the average $189,100…[Read more]

]]> 41a280b66cb0b24e3b44b73d3dc883e8 xyzzy replied to the topic Today is the day! (was reserve bank meeting) in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369650-today-is-the-day-was-reserve-bank-meeting/#post-4441514 Tue, 02 Dec 2003 20:28:04 +0000 No more sleeps to go …

counting down the minutes 240 to go!

]]> 2b9ef8f7a55eeac6f9e22505f889a588 xyzzy replied to the topic Saving Information into WORD! in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369720-saving-information-into-word/#post-4442083 Mon, 01 Dec 2003 06:26:34 +0000 Try presing the print button and you will get a printable file and copy and paste from that

]]> 8988ebb90e851e9d8804f81dde0fe4b4 xyzzy replied to the topic Congratulate an achiever! in the forum Opinionated! https://www.propertyinvesting.com/topic/4369696-congratulate-an-achiever/#post-4441896 Sun, 30 Nov 2003 20:36:42 +0000 Richmond!

What are you on?

The whiff of matrimony perhaps?

Good luck with the wedding!

Its a pity telegrams have ended otherwise I could have sent

“Lord Baden Powell, The Lord Kitichner, The Duke of Gloster, The Duke of Kent, The Student Prince and all the other pubs that you frequented during your batchelorhood regret your passing into the…[Read more]

]]> b956eb182c1910bb588aad8b5d0f7747 xyzzy replied to the topic Body corporate woes in the forum General Property https://www.propertyinvesting.com/topic/4369712-body-corporate-woes/#post-4442048 Sun, 30 Nov 2003 20:11:29 +0000 There are normaly two distince and separate legal identities. The Body corporate itself and the company that manages the body corporate.

When you say “building management has been taken over by administrators” are you saying that the building management company, the manager of your building has been taken over by an administrator or are you…[Read more]

]]> 18a82d0f76a314e48073096d24ea4c67 xyzzy replied to the topic Next Booming Spot to Buy? in the forum General Property https://www.propertyinvesting.com/topic/4369681-next-booming-spot-to-buy/#post-4441695 Fri, 28 Nov 2003 22:38:48 +0000 Wonder what the building insurance premiums are?

]]> 8cdb085235312c10483aa6a59c1b8e8f xyzzy replied to the topic Marketing - Bill in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369628-marketing-bill/#post-4441334 Thu, 27 Nov 2003 16:15:57 +0000 It is a pity that the originial post to which the post immediatley above this one responds to was massivley edited, presumabley by the author. Unless you read that post it doesn’t make sense.

There appears to be some historical revisionism going on!

Glad I have a copy though!

]]>