PropertyInvesting.com | yuley7575 | Activity https://www.propertyinvesting.com/members/yuley7575/activity/ Activity feed for yuley7575. Mon, 13 Apr 2026 12:46:06 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 eba98312f74b498aa22a8734a9be5cf7 yuley7575 replied to the topic Holiday Houses worth it? in the forum Creative Investing https://www.propertyinvesting.com/topic/5015120-holiday-houses-worth-it/#post-5015158 Wed, 28 Oct 2015 05:08:33 +0000 Thanks for your replys. Ok. I shouldn’t call it an investment, if it happens to get capital growth along with being able to enjoy a family holiday would be a bonus. Like Redwood said…its more for enjoyment for the family so it is for personal/emotional reason. Its seem like yours turn our to be enjoyable and a decent investment over those…[Read more]

]]> 1fdb54fdf04da100015cd5c602577ab8 yuley7575 replied to the topic For Sale - API magazine - approx 100 issues in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/5013216-for-sale-api-magazine-approx-100-issues/#post-5013371 Wed, 16 Sep 2015 21:10:11 +0000 ok thanks if you ever want to negotiate let me know
Cheers

]]> 41d1dba64dc2af7e956539c78bc0e9f7 yuley7575 replied to the topic Steve seminar??? in the forum Heads Up! https://www.propertyinvesting.com/topic/4992429-steve-seminar/#post-4992447 Thu, 03 Jul 2014 02:24:50 +0000 I have thought of that!! Unfortunately I don’t think my wife would be into that!

]]> 9ff32e139115d7626908c6dc7fef811b yuley7575 started the topic Steve seminar??? in the forum Heads Up! https://www.propertyinvesting.com/topic/4992429-steve-seminar/ Wed, 02 Jul 2014 08:30:18 +0000 Is anyone interested in going to the seminar on Aug 9th Melbourne? Its $99 but you can bring a friend and thought maybe we can split the cost.

Cheers

]]> 7adc5e9fcf65e3f320d99bcb06128448 yuley7575 replied to the topic Using equity in Dutch property to buy in Australia in the forum Overseas Deals https://www.propertyinvesting.com/topic/4992203-using-equity-in-dutch-property-to-buy-in-australia/#post-4992215 Thu, 26 Jun 2014 03:34:04 +0000 I was looking to do the same with my property oversea as the rates are at tad lower then Australia. They told me I have to be there in person to apply for the equity of of my investment but it can be done. Just be careful of the exchange rates from your country to Aus dollar. You might end up paying less in the long run if the exchange goes in…[Read more]

]]> b94e7dcbee9a1cf70032a13d7a88d3f2 yuley7575 replied to the topic Planning Process in the forum Help Needed! https://www.propertyinvesting.com/topic/4992114-planning-process/#post-4992192 Wed, 25 Jun 2014 05:00:03 +0000 Jamie

So are you saying that I can take out a LOC on my PPOR say 300k buy 3 IP with 100k deposit on each with 3 different banks with the same LOC?? and it would be all fine? Is there a lend limit the banks would loan as the cash is coming from a LOC from another bank?

Cheers

]]> 56d7108ca792484db86c71a91dd89d58 yuley7575 replied to the topic Planning Process in the forum Help Needed! https://www.propertyinvesting.com/topic/4992114-planning-process/#post-4992187 Wed, 25 Jun 2014 01:08:31 +0000 update:

I talked to a bank about my situation. So basically he says I can borrow the max amount of 300k base on my wife’s salary. So I might be bit ahead of myself thinking I would be able to borrow a lot more. He also stated that it is fraud to have a LOC used that as a deposit on a house and get borrow the new funding from a different bank.…[Read more]

]]> 5d6667d61919d0a92d16cd766c6cb27c yuley7575 replied to the topic Planning Process in the forum Help Needed! https://www.propertyinvesting.com/topic/4992114-planning-process/#post-4992186 Wed, 25 Jun 2014 01:04:41 +0000 Hey New Guy
thanks for the info. Im always scared to talk to financial advisor. but for example he says ok maybe you have enough equity in property you should diversify into shares. I don’t have enough cash really for a full time broker that is really going to take care of my needs. I will get a rookie that has just come out of uni and take…[Read more]

]]> 782227402d97cf0b5c7fee07c78e8197 yuley7575 replied to the topic Metropole in the forum Heads Up! https://www.propertyinvesting.com/topic/4992151-metropole-3/#post-4992152 Tue, 24 Jun 2014 00:52:24 +0000 Its funny that your looking at them as I was looking at them a few days ago. I was thinking of using the also, and seeing if I can book an appointment for a sit down. Im now curious on how reliable they would be.

]]> ef37b6016d7b55b35add8f15cb7ab7c1 yuley7575 replied to the topic Planning Process in the forum Help Needed! https://www.propertyinvesting.com/topic/4992114-planning-process/#post-4992121 Mon, 23 Jun 2014 05:29:37 +0000 Hey Jamie
Thanks for the info.

When you say leverage your PPOR does that mean basically borrow against your house to put down a deposit for an IP? And can I do that every year without a problem? Is that the definition of Cross collateral? or completely different?

Also, I forgot to mention, that I don’t work so if the IP is negative geared…[Read more]

]]> 0a6f0df7e98954da8bf9049931af9fa2 yuley7575 started the topic Planning Process in the forum Help Needed! https://www.propertyinvesting.com/topic/4992114-planning-process/ Mon, 23 Jun 2014 04:10:55 +0000 My current situation

-PPOR bought for 645k last year, don’t know if it has go up in value or not. owned outright
-350k in cash just sitting in bank
-no debt
-IP overseas 300k owned outright. income $7200 p/a net
-wife income 60k per year before tax

I have been reading different scenarios with structuring finances and strategies.

Im very lucky…[Read more]

]]> 949d7c34e28d39c37a6e7a4b4beda32a yuley7575 replied to the topic Wasting Time in the forum Finance https://www.propertyinvesting.com/topic/4991985-wasting-time/#post-4991992 Fri, 20 Jun 2014 04:10:12 +0000 Being a rookie in the field of structuring mortgages its kinda of embarrassing not knowing a lot. I have been reading and doing research, learning as I go. I have my PPOR and and oversea property but never had to take out a mortgage. So I def have to seek advice from professionals. As unfamiliar territory its a bit overwhelming figuring out the…[Read more]

]]> b4c9712cc154916b8b7c0ced76967463 yuley7575 replied to the topic Wasting Time in the forum Finance https://www.propertyinvesting.com/topic/4991985-wasting-time/#post-4991987 Fri, 20 Jun 2014 03:29:16 +0000 Hello Marty

So say you were me an investor. You are looking to buy a IP. Would you be doing interviews for brokers? as in calling a few to see what they all say, and then narrow it down to one that suits you the best??

]]> 0515474bc93045868437386f5802c2bc yuley7575 started the topic Wasting Time in the forum Finance https://www.propertyinvesting.com/topic/4991985-wasting-time/ Fri, 20 Jun 2014 02:51:36 +0000 This is in regards to mortgage brokers. There are a few choice to choose from. I never like to waste anyones time if they are trying to help me, so in that respect I usually like to stay loyal to them(could be my downfall) Its it bad to talk to a broker let them do all the research in getting you a deal or the best structure options and then…[Read more]

]]> 0ca35db426222e2a35e65dd2abb27418 yuley7575 replied to the topic Hypothetical question in the forum Help Needed! https://www.propertyinvesting.com/topic/4991455-hypothetical-question-2/#post-4991654 Thu, 12 Jun 2014 01:17:55 +0000 If you don’t mind me asking where your IP’s are and how many you have. Im also assuming that your properties are negative gears?

]]> 736abd06e131dcd8bf5897d2dfcb7c22 yuley7575 replied to the topic Skipping pages in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4991482-skipping-pages-2/#post-4991631 Wed, 11 Jun 2014 10:49:12 +0000 Im just wondering how i can read page 50 without going through every page. Usually there one sites with 100’s of page have 1-10, 20-30 ect so you can then click on 20 and go to page 22 in two clicks. Not sure if I actually explained it correctly.
Cheers

]]> 655af46accfb78ba670e553288872429 yuley7575 replied to the topic Nightmares! in the forum Help Needed! https://www.propertyinvesting.com/topic/4991561-nightmares/#post-4991610 Wed, 11 Jun 2014 03:22:14 +0000 @ Daniel
that sucks. I actually have thought of going throughout a buyers agent to look at the best deals and area that I can purchase in. Seem like there are bad seeds everywhere, hard to know who to trust.

@Terry
Never really thought that would happen, until it actually happens to you

@kinetic
Even have problems making a claim?? I know…[Read more]

]]> 0723f587a3fa5a9c23f58fa228aceb05 yuley7575 replied to the topic Hypothetical question in the forum Help Needed! https://www.propertyinvesting.com/topic/4991455-hypothetical-question-2/#post-4991608 Wed, 11 Jun 2014 03:13:19 +0000 Well originally I was thinking of just going Interest only and hopefully pick a great area that is going to grow in capital. Hold for 7-10 years and sell and do it again in another area. Do this with 3-4 properties spread out over 5 years so buy, hold, and sell. Instead of 10+ properties for 30 years paying them off slowly. I don’t work so…[Read more]

]]> 7d0e1168516feca08ed39c64f72f9c26 yuley7575 replied to the topic Nightmares! in the forum Help Needed! https://www.propertyinvesting.com/topic/4991561-nightmares/#post-4991566 Tue, 10 Jun 2014 02:04:22 +0000 Hey Xdrew
thanks for sharing, seem to me like property management of getting him to check up and getting the right tenants in was a problem. Thats where I think I would have a lot of trust issues is with property management. As I like to do things hands on instead of relying on someone else to do the job. But as most case people just don’t have…[Read more]

]]> b14cd734a0a463f4b7691c2ffec43422 yuley7575 started the topic Nightmares! in the forum Help Needed! https://www.propertyinvesting.com/topic/4991561-nightmares/ Tue, 10 Jun 2014 00:55:04 +0000 This being a help forum, and me being a newbie to this and this forum…I have heard a bunch of success stories with investing in property. Its like the gambler your hear only how much they won, and never much about how much they lose.

Im putting this out there for the more experienced property investors that have been through this over and…[Read more]

]]> af9acf1ac0d051673e5ff7f43ddfb43e yuley7575 replied to the topic Hypothetical question in the forum Help Needed! https://www.propertyinvesting.com/topic/4991455-hypothetical-question-2/#post-4991515 Mon, 09 Jun 2014 07:24:45 +0000 Yeh, I think everyone is right about Melton. My wife thinks I’m crazy to invest there, with all the exact same points as everyone has mentioned. Not being here I’m just reading articles and researching growth areas that might hit. Everyone that I lives here says stay away from Melton.

We have our PPOR here in Melbourne and that is one of the…[Read more]

]]> d8ca73ca7db56aa86476999d0df2009d yuley7575 started the topic Skipping pages in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4991482-skipping-pages-2/ Sun, 08 Jun 2014 06:15:04 +0000 Should b able to skip pages, unless I haven’t figured it out

]]> b5555d9d2019ce62a04e88973ed4a1d3 yuley7575 replied to the topic Hypothetical question in the forum Help Needed! https://www.propertyinvesting.com/topic/4991455-hypothetical-question-2/#post-4991479 Sun, 08 Jun 2014 03:29:01 +0000 Thanks for all your thoughts and suggestions. Im still definitely trying to learn more and more by reading, and doing research a lot to take in, but with all this reading and research. I think I will y learn a lot more buying into a market and learning hands on with properties with as much preparation as possible. But reading from what other…[Read more]

]]> bc8b70b9a2a56f008d437cc2f9dcb651 yuley7575 replied to the topic Hypothetical question in the forum Help Needed! https://www.propertyinvesting.com/topic/4991455-hypothetical-question-2/#post-4991465 Sat, 07 Jun 2014 06:25:17 +0000 I would like to have a IP with cash-flow positive rather then negative geared. Most likely capped around 400k. We are only on one salary at the moment but we have cash waiting to be spent on investing. If I’m looking at Coburg or Reservoir I think I will have to lay down more of a 20% deposit to make it positive cash flow, and I don’t think…[Read more]

]]> e7583d14e3b6e520ba1166509413768e yuley7575 started the topic Hypothetical question in the forum Help Needed! https://www.propertyinvesting.com/topic/4991455-hypothetical-question-2/ Fri, 06 Jun 2014 13:31:32 +0000 If you have $100000 to invest but had to invest it in Melbourne area property by next week. You’re looking for the best capital growth possible, with a decent enough rent to be able to support it. What area would you invest in?

Choices are
1.Coburg
2.Reservoir
3.Melton

If you have any other areas that you think that are great. Im definitely…[Read more]

]]> b3fa215e7d4306e5844662a010d47d5b yuley7575 became a registered member https://www.propertyinvesting.com/activity/p/293110/ Mon, 02 Jun 2014 22:13:09 +0000