PropertyInvesting.com | ygue6072 | Activity https://www.propertyinvesting.com/members/ygue6072/activity/ Activity feed for ygue6072. Sun, 12 Apr 2026 09:45:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 05f3c71f6a666ec83437cec3322ac35b ygue6072 replied to the topic Rental Arrears and Settlement in the forum Help Needed! https://www.propertyinvesting.com/topic/4408286-rental-arrears-and-settlement/#post-4682573 Tue, 18 Dec 2012 23:17:04 +0000 Thanks Derek and PrimePropertyInvestor,

Unfortunately we didn't ask for vacant possession, but this is certainly good to know for next time. We will just fight it out through the CTTT which might be troublesome but better learn this lesson now and know better for next time.

Thanks all.

]]> 1321b8b77590d3f160fea1414185703b ygue6072 replied to the topic Rental Arrears and Settlement in the forum Help Needed! https://www.propertyinvesting.com/topic/4408286-rental-arrears-and-settlement/#post-4682570 Mon, 17 Dec 2012 21:50:28 +0000 Appreciate the feedback.

Paul – they are lodging the bond transfer forms and working with us on a new agreement. I've spoken with the PM a few times and she doesn't seem incompetent just going on what the current owners are saying she do. I will however tell her to lodge with the CTTT as soon as we settle and the property is ours.

Scott No Mates…[Read more]

]]> 737cbd5d47392d3bcede191a7219bff9 ygue6072 replied to the topic Rental Scam in the forum General Property https://www.propertyinvesting.com/topic/4408130-rental-scam/#post-4681364 Mon, 17 Dec 2012 00:35:40 +0000 This is very interesting… in NSW the government does throw money at Early Intervention Programs and as part of my job I go into schools, pre-schools and childcare centres and do Protective Behaviours with the kids… the only problem is it is only so effective if it isn't followed up at home. I think it's unrealistic to ask educators to keep…[Read more]

]]> 62a1dc9556107612a64c26ac759bc9ec ygue6072 replied to the topic School Catchment Maps/Diagrams? in the forum General Property https://www.propertyinvesting.com/topic/4407771-school-catchment-mapsdiagrams/#post-4678636 Thu, 04 Oct 2012 03:02:07 +0000 http://www.schools.nsw.edu.au/schoolfind/locator/
You could look on here and then contact the schools directly that come up close to the suburb you were looking at to see up to what streets they accept students.

]]> b6c6c15b495faeb6f21e04e9e06cce86 ygue6072 replied to the topic Strata meetings in the forum Help Needed! https://www.propertyinvesting.com/topic/4407775-strata-meetings/#post-4678650 Wed, 03 Oct 2012 23:27:15 +0000 My understanding is you can elect anyone to vote as long as you fill out the proxy form.
Our strata managers send us a form to fill out for every meeting but we can also use this form to fill out how we want to vote on what agenda items and post it back to them so we are voting having read the agenda but not being at the meeting. So in essence we…[Read more]

]]> 39e23e7b62e9647d6641ef529c49f3dd ygue6072 replied to the topic A Landlords Responsibility in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407666-a-landlords-responsibility/#post-4677740 Fri, 21 Sep 2012 02:45:21 +0000 I also wonder who is responsible in circumstances like this. I wonder if the PM didn't arrange proper repairs or if the landlord didn't authorise the repairs to be done properly?

]]> d0b13b847493b617fef951a5d7c8755c ygue6072 replied to the topic Disability changed my property situation - any advice please? in the forum Finance https://www.propertyinvesting.com/topic/4407562-disability-changed-my-property-situation-any-advice-please-2/#post-4677051 Wed, 19 Sep 2012 03:32:43 +0000 We will sign legal documents to the effect that both the property and the debt are the legal responsibility of my father and his wife – but will this be enough evidence for Centrelink or will they still deem my husband and myself as owners of the unit and responsible for the debt?

I think (and don't quote me on this) but for Centrelink the…[Read more]

]]> 66e48b1fd00fae80a66ca59fa2c45802 ygue6072 replied to the topic Fixed Rates Falling in the forum Finance https://www.propertyinvesting.com/topic/4407642-fixed-rates-falling/#post-4677534 Wed, 19 Sep 2012 03:10:34 +0000 Thank you everyone! This makes it a lot easier to understand the conversation :-)

]]> 39cbe203ddda0b85a908d75e6a36428e ygue6072 replied to the topic Fixed Rates Falling in the forum Finance https://www.propertyinvesting.com/topic/4407642-fixed-rates-falling/#post-4677530 Mon, 17 Sep 2012 20:08:19 +0000 If banks are dropping their fixed rates does that mean that they think the RBA will continue to drop the cash rate? 

Derek — what is SANF? Sorry if this is a silly question.

]]> 1643d809b2d36382c078d558d62f27d0 ygue6072 replied to the topic cherie barber in the forum Value Adding https://www.propertyinvesting.com/topic/4407419-cherie-barber-2/#post-4675962 Fri, 07 Sep 2012 04:41:50 +0000 She posted a response on you tube:
http://www.youtube.com/watch?v=wElvGehqmps

She does address some of the issues that ACA raised but it went on for 30minutes so I didn't finish watching the whole thing…

]]> 817cb54bd4bae8b106aa9886340ec71f ygue6072 replied to the topic Need advice on finance with a 90% LVR. in the forum Help Needed! https://www.propertyinvesting.com/topic/4407453-need-advice-on-finance-with-a-90-lvr/#post-4676344 Mon, 27 Aug 2012 00:37:19 +0000 From my understand about Of the Plan purchases… when you sign the contract you agree to that price (e.g. $360k) if in 12-18months time when it is time to settle the property value decreases (e.g. to $300k) you are still locked into the original price of $360k. This is why obtaining finance might be difficult as the bank wouldn't be willing to…[Read more]

]]> 382d9069b135e548ff330bf87500be3a ygue6072 replied to the topic Joint Tennants Tax Q in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407293-joint-tennants-tax-q/#post-4674942 Sun, 19 Aug 2012 23:24:03 +0000 thanks Terry, really appreciate you taking the time to explain it.

]]> 12d778657f6bedaf052fd3ca716da250 ygue6072 replied to the topic Rising rents cause tenants to break leases in the forum General Property https://www.propertyinvesting.com/topic/4407380-rising-rents-cause-tenants-to-break-leases/#post-4675636 Sun, 19 Aug 2012 23:11:20 +0000 I found it interesting because of the vague/general comments/figures. It was even more interesting to see what other people thought. Thanks for some thought provoking comments.

]]> 17185d8e096db691769b1e493b679dae ygue6072 replied to the topic Joint Tennants Tax Q in the forum So do you have to add their https://www.propertyinvesting.com/topic/4407293-joint-tennants-tax-q/#post-4674940 Sat, 18 Aug 2012 01:57:59 +0000 So do you have to add their income or is this optional? And how does it affect my tax return?
Sorry if this sounds silly but I’m not really sure and I will ask my accountant but I would like a basic understanding before going to see him

]]> 2ee183c890300fb5e92f03cb77566ee2 ygue6072 replied to the topic Joint Tennants Tax Q in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407293-joint-tennants-tax-q/#post-4674938 Sat, 18 Aug 2012 01:18:53 +0000 Additionally, can someone please explain what the difference is between filing tax return jointly or separately when married…? 

]]> 33d2adf63009482e98f9f420b2e7495c ygue6072 replied to the topic Loan Structuring for PPOR and IP in the forum Finance https://www.propertyinvesting.com/topic/4407379-loan-structuring-for-ppor-and-ip/#post-4675603 Fri, 17 Aug 2012 05:34:15 +0000 From what I have read on here the general information given is if you are going to turn your PPOR into an IP at some point then it should also be on IO loan with an offset account.

Other than that you'll need to wait for one of the mortgage brokers to answer your question.

]]> 0d5c79b24e45fbf738830575acb6994b ygue6072 replied to the topic Joint Tennants Tax Q in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407293-joint-tennants-tax-q/#post-4674937 Thu, 09 Aug 2012 23:35:05 +0000 Thank you for your response. That is what I thought but the ATO website didn't make it easy for me to find the answer I was looking for.

]]> d523a195264f8fbe6816d16cae41a5ea ygue6072 replied to the topic Credit for Renovations on First House in the forum Help Needed! https://www.propertyinvesting.com/topic/4407317-credit-for-renovations-on-first-house/#post-4675098 Thu, 09 Aug 2012 23:12:01 +0000 From what I know about guarantors you have to be able to prove that you are able to service the debt for a period of time. In my experience a guarantor is required when you don't have enough credit history so the bank requires someone to take responsibility for the loan if you default. In my experience (but this is very limited) what it took was…[Read more]

]]> 80d30b957158c28bdcfabc779b9b36f5 ygue6072 replied to the topic No Body Corp in the forum General Property https://www.propertyinvesting.com/topic/4407001-no-body-corp/#post-4672747 Mon, 02 Jul 2012 05:59:44 +0000  Not sure how your situation works but normally the body corporate is there to manage, and maintain the common areas everyone uses like the stairwell, car park, pool etc. There are laws that determine what they can and can’t do and the rules they can set. In my experience it is difficult to get all the owners to agree to something, or to chase up…[Read more]

]]> c814cd63e4018832b39b45afffc76627 ygue6072 replied to the topic Power of negotiation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406723-power-of-negotiation/#post-4670945 Wed, 13 Jun 2012 01:56:31 +0000 Dubstep wrote:
  Hi Kristin,Where is this one ?Carlton Jewellersi know i'm not Kristen but i'm pretty sure that one is in the UK

]]> a4ca2ffde4c8ca500bfe15b23f686f4f ygue6072 replied to the topic tile resurface/respray in the forum Value Adding https://www.propertyinvesting.com/topic/4406774-tile-resurfacerespray/#post-4671285 Thu, 07 Jun 2012 22:39:36 +0000 Thanks for that info. I wasn't aware that it was only for walls and after doing some more research have decided that at this point it is not for us.

]]> 74b369271e5526b70218208515de17df ygue6072 replied to the topic defense housing in the forum General Property https://www.propertyinvesting.com/topic/4406727-defense-housing/#post-4670969 Thu, 31 May 2012 01:31:35 +0000 From my understanding on it you also need to use their property managers and the fees for that are a bit steep… (i think about 16% for freestanding house and about 12-13% for units/townhouses)

]]> 56d49c768d4fec12cb44946226806c89 ygue6072 replied to the topic Mortgagee sale - What happens when the bank is owed more than the property can sell for. in the forum General Property https://www.propertyinvesting.com/topic/4406021-mortgagee-sale-what-happens-when-the-bank-is-owed-more-than-the-property-can-sell-for/#post-4665110 Tue, 06 Mar 2012 04:43:46 +0000 Hi Jazz77,All I know is that in NSW the bank legally has a responsibility to get market value for the property which is why you don't get a 'bargain' like you would in America (for example) where people get expensive houses very cheap. If the bank sold significantly under market value then they are in deep water legally.

]]> bfadd1d59033324481ed77d919ae8d24 ygue6072 replied to the topic Risk of defaulting owners in a body corporate in the forum Help Needed! https://www.propertyinvesting.com/topic/4404516-risk-of-defaulting-owners-in-a-body-corporate/#post-4654327 Tue, 06 Mar 2012 02:51:15 +0000 Hi Jins13,Thank you for that. We are looking into doing that but all the filing in courts and responses from owners etc take time. We know eventually they will be forced to pay or sell the unit to pay costs. At the moment 3 owners are paid up to date so there is money there for cleaning/maintenance as well as bills which is good.

]]> 4c51eedcfefda261a0b1e48000a49c8b ygue6072 replied to the topic Property Management? in the forum Hi, I am by no means an https://www.propertyinvesting.com/topic/4398660-property-management-6/#post-4616438 Mon, 05 Mar 2012 22:49:59 +0000 Hi,I am by no means an expert but when we were in the same position the advise we were given was to ask questions like:- how often do you do inspections? do you take photos? will you give me a report? is this included in the cost or extra?- how many properties do you manage? who looks after them if/when you are sick/on holiday? (you don't want…[Read more]

]]> e6bdcbe3d439bc1b866fec15516c5586 ygue6072 replied to the topic Risk of defaulting owners in a body corporate in the forum Help Needed! https://www.propertyinvesting.com/topic/4404516-risk-of-defaulting-owners-in-a-body-corporate/#post-4654325 Mon, 05 Mar 2012 22:38:04 +0000 Just to put my two cents in -My husband and I bought a unit in a block of 6… At the time we bought 5 of the 6 owners had stopped paying their fees… When we bought the Strata received a cheque from the settlement. Our experience has been that it can take a long time to get the money from the other owners because there is a process that needs to…[Read more]

]]> 33e97732bb762f247718bbb4f6e3f8d7 ygue6072 replied to the topic Finance question in the forum Finance https://www.propertyinvesting.com/topic/4405453-finance-question-10/#post-4660733 Wed, 21 Dec 2011 22:37:44 +0000 Thank you Michael and Richard for you responses.It certainly has given me some questions to ask them when we go for pre-approval and if they can't answer them properly then look at speaking to a broker. The property we bought was under 500k which is why it was 0.7% I can't remember what % they said if we had a loan bigger than 500k.Also, I have…[Read more]

]]> 68a375fcad0c541f1b2f7239e3efeb98 ygue6072 replied to the topic Strata Owner's not paying Levies in the forum Help Needed! https://www.propertyinvesting.com/topic/4405311-strata-owners-not-paying-levies/#post-4659683 Wed, 30 Nov 2011 04:36:40 +0000 Thank you Terryw. Do you know how long something like this can drag out for? Or is it done quite quickly?

]]> 3cb8ab60ea3e9e51fbaa8f5bea84d532 ygue6072 replied to the topic best use of inheritance in the forum Help Needed! https://www.propertyinvesting.com/topic/4404553-best-use-of-inheritance/#post-4654636 Fri, 02 Sep 2011 05:32:16 +0000 i think the website you are talking about is http://www.refindhouseprices.com/ it tells you how long a property has been advertised for and if the price has been discounted/reduced.

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