PropertyInvesting.com | Jason Staggers | Activity https://www.propertyinvesting.com/members/jason_staggers/activity/ Activity feed for Jason Staggers. Thu, 06 Nov 2025 10:25:45 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 cd11f691dbb287b08cab2bf597fa30e5 Jason Staggers's profile was updated https://www.propertyinvesting.com/activity/p/392261/ Sun, 06 Dec 2020 06:47:11 +0000 1651ab9d158890b8ffef7f44d0417704 Jason Staggers changed their profile picture https://www.propertyinvesting.com/activity/p/383412/ Mon, 05 Aug 2019 00:52:17 +0000 2cc88dcdab7bf54b1d0d276cfddc98a8 Jason Staggers changed their profile picture https://www.propertyinvesting.com/activity/p/383411/ Mon, 05 Aug 2019 00:36:15 +0000 8d18f8b89aab3111f0119da05377226c Jason Staggers replied to the topic Is the Climate Changing? and how is that happening?? in the forum Opinionated! https://www.propertyinvesting.com/topic/5050126-the-climate-is-changing-2/#post-5050138 Wed, 10 Apr 2019 01:35:17 +0000 Interesting thoughts Benny. I tend to agree that we’ve allowed the issue to become very politicised. I don’t trust either side. I think both the left and right are motivated by greed and desire for more power.

Whether climate change is natural or man-made, it just seems to make sense to me that we should care for the environment. Fossil fuels…[Read more]

]]> 0728b15373a6a1193b74b8182868fb43 Jason Staggers replied to the topic Whats the best solution in the forum Finance https://www.propertyinvesting.com/topic/5049615-whats-the-best-solution/#post-5049620 Tue, 12 Mar 2019 23:12:03 +0000 Hi SBH. The question of whether to buy a PPR is not as objective as making an investment decision because there are personal and lifestyle motivations (not just financial goals) driving the decision. Here are a few questions to consider…
– Is it more expensive to own than rent in the area?
– If so, will buying a home restrict your progress…[Read more]

]]> 9f75c3cd4c4c43f3af58341120e2b555 Jason Staggers's profile was updated https://www.propertyinvesting.com/activity/p/380026/ Tue, 12 Mar 2019 23:11:43 +0000 36c99a64e90ba012626e886fbe6a7efd Jason Staggers replied to the topic How popular are second dwellings? in the forum Help Needed! https://www.propertyinvesting.com/topic/5038076-how-popular-are-second-dwellings/#post-5038205 Thu, 20 Jul 2017 01:15:10 +0000 That depends on the area. If demand overall is relatively strong, #2, although it wouldn’t necessarily take longer to sell. If demand is weaker, #1, or it takes longer. So the risk is, if the market moves against you, your duplex may be harder to sell for the price you want within the timeframe you want because the target market is smaller. In the…[Read more]

]]> 32c110beb38c76ac9c3501f6f77c274d Jason Staggers replied to the topic How popular are second dwellings? in the forum Help Needed! https://www.propertyinvesting.com/topic/5038076-how-popular-are-second-dwellings/#post-5038205 Thu, 20 Jul 2017 01:15:10 +0000 That depends on the area. If demand overall is relatively strong, #2, although it wouldn’t necessarily take longer to sell. If demand is weaker, #1, or it takes longer. So the risk is, if the market moves against you, your duplex may be harder to sell for the price you want within the timeframe you want because the target market is smaller. In the…[Read more]

]]> d4a169aabbbacdd266ee0474e1fc0fcb Jason Staggers replied to the topic How popular are second dwellings? in the forum Help Needed! https://www.propertyinvesting.com/topic/5038076-how-popular-are-second-dwellings/#post-5038166 Wed, 19 Jul 2017 01:26:14 +0000 Hi Steven.

I wouldn’t necessarily agree with that view, as the majority of the value of any property is in the land, not the dwelling. So in part, it comes down to the demand for land in the particular area. That said, your dwelling does narrow your target market for resale, so with a duplex, you’re aiming to sell to…

1. an investor
2. an…[Read more]

]]> b2a2f929d512f9ce65964793b5b0672c Jason Staggers replied to the topic Wespac screwing over investors by jacking up rates 0.28% in the forum Finance https://www.propertyinvesting.com/topic/5034188-wespac-screwing-over-investors-by-jcking-up-rates-0-28/#post-5034244 Tue, 21 Mar 2017 01:37:04 +0000 They are all looking for ways to shore up capital to meet new APRA requirements that are just around the corner.

]]> aea81aa09626160a9b0e529468c329a9 Jason Staggers replied to the topic Melbourne based developer Ridgecon scam innocent single mum in the forum Opinionated! https://www.propertyinvesting.com/topic/5031080-melbourne-based-developer-ridgecon-scam-innocent-single-mum/#post-5031139 Fri, 11 Nov 2016 01:13:08 +0000 The Civil Division of VCAT handles disputes relating to domestic building works. I would have her start there. They may refer her to the Victorian Building Authority, which helps resolve disputes relating to domestic building contracts.

]]> b22faaa54827aad8a7ee435798aa8172 Jason Staggers replied to the topic melbourne, to sell or not to sell in the forum Help Needed! https://www.propertyinvesting.com/topic/5029757-melbourne-to-sell-or-not-to-sell/#post-5030738 Fri, 21 Oct 2016 02:05:53 +0000 Hi Pat. It sure seems like there’s never been a better time to sell, but that’s not to say next year won’t be even better. With interest rates so low, it’s really hard to say. It would be tough to let it go though with potential subdivision gains to be had. But I can also see why you’d be keen to move on.

Happy to catch up for a chat if you want…[Read more]

]]> a6a564916f5be35fa2848d88a0220a9d Jason Staggers replied to the topic Think you have good insurance? Read This in the forum Heads Up! https://www.propertyinvesting.com/topic/5030247-think-you-have-good-insurance-read-this/#post-5030318 Thu, 06 Oct 2016 04:29:25 +0000 Thanks for the heads up. Another thing to watch out for is insurers’ deliberate attempts to minimise payouts. I was recently working with an investor who was told the damage by his tenant was not “malicious” even though it was clearly beyond normal wear and tear. Finally, after pushing and pushing and talking to three or four different people, he…[Read more]

]]> 0a587eec768a2229c09a632198b871b4 Jason Staggers replied to the topic Think you have good insurance? Read This in the forum Heads Up! https://www.propertyinvesting.com/topic/5030247-think-you-have-good-insurance-read-this/#post-5030318 Thu, 06 Oct 2016 04:29:25 +0000 Thanks for the heads up. Another thing to watch out for is insurers’ deliberate attempts to minimise payouts. I was recently working with an investor who was told the damage by his tenant was not “malicious” even though it was clearly beyond normal wear and tear. Finally, after pushing and pushing and talking to three or four different people, he…[Read more]

]]> 452dab216d1127628cc1018b5778a300 Jason Staggers replied to the topic Poll: Where do you expect the RBA's cash rate to be in 12 months? in the forum Opinionated! https://www.propertyinvesting.com/topic/5011079-poll-where-do-you-expect-the-rbas-cash-rate-to-be-in-12-months/#post-5030063 Thu, 29 Sep 2016 03:17:54 +0000 I expect the Fed to cut rates back to zero, which would put pressure on the RBA to continue cutting rates. But that could continue to fuel home price rises, so APRA will need to help out by preventing an excessive amount of new credit from flowing into housing. This would come in the form of capital controls of sorts on banks.

]]> 8c1bf5c408e2dd037994e9edfa0fcadd Jason Staggers replied to the topic Getting started in property investment in the forum Help Needed! https://www.propertyinvesting.com/topic/5029980-getting-started-in-property-investment/#post-5030042 Wed, 28 Sep 2016 06:13:14 +0000 Having personally coached hundreds of investors, I’ve seen firsthand the importance of educating yourself before buying an investment property. Find someone who has done it themselves and who is not trying to steer you toward a deal through the learning. Investing a few thousand dollars in your education on the front end can save you tens of…[Read more]

]]> a35e3d62e6e49e739d9a2a6d772c109a Jason Staggers replied to the topic Poll: Where do you expect the RBA's cash rate to be in 12 months? in the forum Opinionated! https://www.propertyinvesting.com/topic/5011079-poll-where-do-you-expect-the-rbas-cash-rate-to-be-in-12-months/#post-5030040 Wed, 28 Sep 2016 05:42:06 +0000 I’ll go on record to predict 1.0 percent by the end of this financial year :)

But not without some help from APRA…

]]> bf706f2a9de5c182a30a231e2fb3abdd Jason Staggers replied to the topic Poll: Where do you expect the RBA's cash rate to be in 12 months? in the forum Opinionated! https://www.propertyinvesting.com/topic/5011079-poll-where-do-you-expect-the-rbas-cash-rate-to-be-in-12-months/#post-5030040 Wed, 28 Sep 2016 05:42:06 +0000 I’ll go on record to predict 1.0 percent by the end of the financial year :)

]]> 16c82449cf470156fd7e9d2e2d0e8f19 Jason Staggers replied to the topic Thinking of getting involved in commercial property in the forum Commercial Property https://www.propertyinvesting.com/topic/5025806-thinking-of-getting-involved-in-commercial-property/#post-5029931 Thu, 22 Sep 2016 01:02:03 +0000 Great input here all around. I would only add that it’s best to first decide whether you are primarily an income investor or a growth investor. Commercial is great for income, but not so great as a growth asset. That said, I can understand why you’re looking elsewhere than Aussie residential property for generic growth.

]]> f4301e0c23879709eefb8224769294db Jason Staggers replied to the topic What "Words of Wisdom" set you on the property path? in the forum General Property https://www.propertyinvesting.com/topic/5029471-what-words-of-wisdom-set-you-on-the-property-path/#post-5029749 Wed, 14 Sep 2016 06:00:15 +0000 “Success comes from doing things differently.”
– Steve McKnight

“Pay yourself first.”
– Robert Kiyosaki

“Small fish taste sweet.” (In reference to smaller profits on quick-turn deals)
– my friend who’s a builder/developer

]]> d50f597af52aab6662832e36ca9642b3 Jason Staggers replied to the topic Can I Get Your Thoughts on This John Templeton Quote? in the forum General Property https://www.propertyinvesting.com/topic/5029110-can-i-get-your-thoughts-on-this-john-templeton-quote/#post-5029226 Wed, 31 Aug 2016 00:09:55 +0000 Love your attitude Colin!

]]> 125f3677a88e7afbd1186c3215633636 Jason Staggers replied to the topic Can I Get Your Thoughts on This John Templeton Quote? in the forum General Property https://www.propertyinvesting.com/topic/5029110-can-i-get-your-thoughts-on-this-john-templeton-quote/#post-5029162 Fri, 26 Aug 2016 06:53:13 +0000 Agreed. But I don’t see your job getting any easier. They need to do something to stop the flow of all that new credit into real estate.

]]> f8a07f72082c0548baac27f30498ae00 Jason Staggers replied to the topic Can I Get Your Thoughts on This John Templeton Quote? in the forum General Property https://www.propertyinvesting.com/topic/5029110-can-i-get-your-thoughts-on-this-john-templeton-quote/#post-5029154 Fri, 26 Aug 2016 03:17:09 +0000 That said, I don’t think our regulators want real estate prices to go much higher.

]]> 45f8f0b91cc17d066f477f2ad534799d Jason Staggers replied to the topic Can I Get Your Thoughts on This John Templeton Quote? in the forum General Property https://www.propertyinvesting.com/topic/5029110-can-i-get-your-thoughts-on-this-john-templeton-quote/#post-5029153 Fri, 26 Aug 2016 03:16:31 +0000 Especially as central banks are suppressing interest rates. No telling how far this run with go. Still potentially 6 more RBA cuts. Then QE? I sure hope not, but anything is possible in this day.

]]> 1429bfabd4c7095f9db9e93092f28786 Jason Staggers replied to the topic Can I Get Your Thoughts on This John Templeton Quote? in the forum General Property https://www.propertyinvesting.com/topic/5029110-can-i-get-your-thoughts-on-this-john-templeton-quote/#post-5029151 Fri, 26 Aug 2016 03:14:08 +0000 That is a great one. Thanks Colin!

]]> 1ce8acc3a390cb91a95c1e3cbfcd9f8d Jason Staggers started the topic Can I Get Your Thoughts on This John Templeton Quote? in the forum General Property https://www.propertyinvesting.com/topic/5029110-can-i-get-your-thoughts-on-this-john-templeton-quote/ Wed, 24 Aug 2016 05:44:08 +0000 What’s up Everyone?!

I’m curious what your opinion is on the various property markets across Australia, so I wanted to throw out a few questions in light of this John Templeton quote I came across. Would you take a moment to respond?

1. Do you think Templeton’s quote should be applied to the Australian property market in general? Why or why…[Read more]

]]> 0ab4fcbc3403161939689ba01ac023f7 Jason Staggers's profile was updated https://www.propertyinvesting.com/activity/p/347921/ Wed, 24 Aug 2016 05:08:24 +0000 c8385b78ab9ea886495d5627f22d94b0 Jason Staggers replied to the topic RBA rate cuts in the forum Finance https://www.propertyinvesting.com/topic/5028421-rba-rate-cuts/#post-5028434 Wed, 20 Jul 2016 06:44:32 +0000 Good luck. I don’t think they can afford it. Gotta keep their share prices up while also meeting soon-to-come tighter capital requirements.

]]> 05d9e73f3c38fdc4d327220791619e1c Jason Staggers replied to the topic Poll: How have Brexit uncertainties impacted your allocation of investment capital? in the forum Opinionated! https://www.propertyinvesting.com/topic/5028149-poll-brexit-uncertainties-impacted-allocation-investment-capital/#post-5028193 Thu, 07 Jul 2016 03:05:22 +0000 Good question.

I remember Steve writing “Property Investing” on a white board in 2007 and asking, “Which of these two words is more important to you?” His point was that we are “investors” first and “property” may or may not be the best asset to hold.

Eventually there will be a tipping point where people are no longer willing to take such…[Read more]

]]> 4e0d4fa28d9c2e9cd379e6eab9557e2f Jason Staggers changed their profile picture https://www.propertyinvesting.com/activity/p/344806/ Thu, 23 Jun 2016 03:25:39 +0000 b1c048e4a262e4628201f0885b2a7b6b Jason Staggers changed their profile picture https://www.propertyinvesting.com/activity/p/344805/ Thu, 23 Jun 2016 03:25:23 +0000 078029b25b82d2d5a99c541692ed3919 Jason Staggers changed their profile picture https://www.propertyinvesting.com/activity/p/344803/ Thu, 23 Jun 2016 02:37:08 +0000 c6440d63a3f75c92f1ff9ce8da93c67f Jason Staggers replied to the topic The questions regarding renovating the house before settlement date in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5027690-the-questions-regarding-renovating-the-house-before-settlement-date/#post-5027743 Wed, 22 Jun 2016 06:44:10 +0000 Anything to add @Terryw?

]]> 31cbfd66eb896760557ada7acc4bd557 Jason Staggers replied to the topic Need advice with regards to property investment in Noble Park in the forum General Property https://www.propertyinvesting.com/topic/5027637-need-advice-with-regards-to-property-investment-in-noble-park/#post-5027742 Wed, 22 Jun 2016 06:42:48 +0000 Good questions there from @Terryw. First decide whether you’re a growth investor or income investor. In light of current rental yields, unless you’re sitting on seven figures of cash, you’re probably a growth investor.

]]> e24f1c13138608bafbc9a8eeaa71f29f Jason Staggers replied to the topic Poll: Which of the following political parties do you believe offer the best economic and fiscal policies for Australia’s future? in the forum Opinionated! https://www.propertyinvesting.com/topic/5027370-poll-which-political-party-offer-the-best-economic-and-fiscal-policies/#post-5027497 Fri, 10 Jun 2016 23:23:45 +0000 A few questions…

The majority voting Coalition, is it mainly about keeping negative gearing and CGT tax concessions?

If you’re not fond of any of the above four options, is there any other party worth empowering? If so, why?

]]> 1e7b86cec9a366cf87a223e1fe47c0e9 Jason Staggers replied to the topic Advice needed for negatively geared property in the forum Help Needed! https://www.propertyinvesting.com/topic/5025655-advice-needed-for-negatively-geared-property/#post-5025723 Wed, 11 May 2016 01:20:00 +0000 Unfortunately, rental vacancies are at an all-time high now in Perth, about three times that of the long-term average. This is pushing the median rent price down, as tenants have a lot to choose from. It’s definitely a market-wide problem, so not necessarily your property managers fault.

Market pressures will make it tough to increase rent, so…[Read more]

]]> 1259eb10c98b0e59a1465ee2de63f5c9 Jason Staggers replied to the topic Need help!! before i lose my money in the forum Help Needed! https://www.propertyinvesting.com/topic/5023662-need-help-before-i-lose-my-money/#post-5023729 Tue, 12 Apr 2016 06:52:46 +0000 Sometimes “if next door has done it” is not a good thing. Some councils have rules about not developing too close (say within 50m) of another multi-unit development. But assuming the builder you spoke to knows the area, proximity may not be a problem.

Minimum lot size requirements only pertain to freehold (Torrens) titles. If it’s a shared…[Read more]

]]> 7d09b8d758c965c43cf039d51fb1483a Jason Staggers replied to the topic What do you make of the most recent bubble talk? in the forum Help Needed! https://www.propertyinvesting.com/topic/5020838-what-do-you-make-of-the-most-recent-bubble-talk/#post-5022219 Tue, 08 Mar 2016 03:51:46 +0000 @deancollins I’d say the recent jobs report is mostly smoke and mirrors – many of those new jobs are low-paying and part-time in hospitality and retail. Don’t see another Fed rate rise coming myself.

]]> 3a80658f9a42b131e2fa8446785493d4 Jason Staggers replied to the topic What do you make of the most recent bubble talk? in the forum Help Needed! https://www.propertyinvesting.com/topic/5020838-what-do-you-make-of-the-most-recent-bubble-talk/#post-5022219 Tue, 08 Mar 2016 03:51:46 +0000 I’d say the recent jobs report is mostly smoke and mirrors – many of those new jobs are low-paying and part-time in hospitality and retail. Don’t see another Fed rate rise coming myself.

]]> 751f670a72538e2ec515ccc82581cf24 Jason Staggers replied to the topic Advice needed on cross collateralling of IPs in the forum Help Needed! https://www.propertyinvesting.com/topic/5019251-advice-needed-on-cross-collateralling-of-ips-2/#post-5019654 Tue, 02 Feb 2016 23:46:57 +0000 Looks like you’ve received some good advice @ameetvbhat, but here’s an article I wrote on the topic last year:

https://www.propertyinvesting.com/the-dangers-of-cross-collateralisation/

]]> b611fc2c0c9b6d3f1702d33936a4f04f Jason Staggers replied to the topic Where to put 120k in the forum General Property https://www.propertyinvesting.com/topic/5018629-where-to-put-120k/#post-5018760 Tue, 05 Jan 2016 02:21:04 +0000 Tracey, have you looked into Steve’s McKnight Property Apprenticeship course? Whether it’s his training or someone else’s, I’d suggest educating yourself. Private message me and we can set up a complementary mentoring call to discuss your situation and your options moving forward.

]]> b611fc2c0c9b6d3f1702d33936a4f04f Jason Staggers replied to the topic Where to put 120k in the forum General Property https://www.propertyinvesting.com/topic/5018629-where-to-put-120k/#post-5018760 Tue, 05 Jan 2016 02:21:04 +0000 Tracey, have you looked into Steve’s McKnight Property Apprenticeship course? Whether it’s his training or someone else’s, I’d suggest educating yourself. Private message me and we can set up a complementary mentoring call to discuss your situation and your options moving forward.

]]> 48fc44bceb4a7c397ccf0bd469094f03 Jason Staggers replied to the topic Offset account and credit card in the forum Help Needed! https://www.propertyinvesting.com/topic/5017822-offset-account-and-credit-card/#post-5017902 Wed, 16 Dec 2015 00:41:37 +0000 It’s hard to outsmart the big banks. Even on the interest free period, they make their money on the average person’s lack of self-discipline.

]]> 74f753f804906e49c79fe32bcc1143f3 Jason Staggers replied to the topic Negative gearing, what's all the fuss??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5017640-negative-gearing-whats-all-the-fuss/#post-5017792 Mon, 14 Dec 2015 23:45:02 +0000 Hi @brigadoon. I wrote about this earlier in the year. Let me know if it answers your questions. All the best.

https://www.propertyinvesting.com/will-investors-soon-lose-negative-gearing-cgt-benefits/

]]> 68ca1b6681aaeeae019931f262858c54 Jason Staggers replied to the topic Buying investment property off equity in your personal home in the forum Help Needed! https://www.propertyinvesting.com/topic/5017410-buying-investment-property-off-equity-in-your-personal-home/#post-5017496 Fri, 11 Dec 2015 06:32:42 +0000 Just be aware of any speculative assumptions. Make sure your worst case scenario (market downturn?) doesn’t leave you in a dangerous place. Another option is to realise your gain and lock in the profit.

]]> 6dd9faaebfc0b2999cc288e2b56f4f2d Jason Staggers replied to the topic Rental Management Fees in the forum Help Needed! https://www.propertyinvesting.com/topic/5017207-rental-management-fees-2/#post-5017211 Fri, 04 Dec 2015 05:33:13 +0000 7 percent plus GST is an industry standard, but the best way to find out is pick up the phone and call three different property managers to ask. Keep in mind management fees are negotiable, but you often get what you pay for. Get a referral from a trusted source if possible. Find a good one and build a relationship. Then after a year, you could…[Read more]

]]> 07db1f98ede9bd988bf02fc5bb8bae71 Jason Staggers replied to the topic Third Party Fines now $225k :) in the forum General Property https://www.propertyinvesting.com/topic/5017096-third-party-fines-now-225k/#post-5017209 Fri, 04 Dec 2015 05:22:10 +0000 Not to mention $135k fine to developers who market apartments exclusively overseas. Ouch!

https://www.propertyinvesting.com/a-little-less-love-for-foreign-investors/

Oh, and maybe even three years in prison!

]]> c0b60fa55ccee4fb57c8e87d86c3993c Jason Staggers replied to the topic Third Party Fines now $225k :) in the forum General Property https://www.propertyinvesting.com/topic/5017096-third-party-fines-now-225k/#post-5017209 Fri, 04 Dec 2015 05:22:10 +0000 Not to mention $135k fine to developers who market apartments exclusively overseas. Ouch!

https://www.propertyinvesting.com/a-little-less-love-for-foreign-investors/

]]> cd9c0ba643d4601f86b72ff2b6aa3255 Jason Staggers replied to the topic Mining Town Woes in the forum General Property https://www.propertyinvesting.com/topic/5014841-mining-town-woes/#post-5015118 Tue, 27 Oct 2015 06:23:32 +0000 If rents are still sliding, that means values are still falling. Thanks for adding to the conversation Yson.

]]> 79a42f8d19f0e574c451ef67630c6221 Jason Staggers replied to the topic Mining Town Woes in the forum General Property https://www.propertyinvesting.com/topic/5014841-mining-town-woes/#post-5014911 Thu, 22 Oct 2015 03:30:40 +0000

If you have the ability to service the debt have you considered picking up a few bargains in the same town eg to use the same PM in order to average down your costs?

NAB lowering their LVR requirements for mining town purchases could be seen as a bearish sign. I’d say downside risk remains. But for anyone who disagreed, they may answer “yes”…[Read more]

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