PropertyInvesting.com | Striker | Activity https://www.propertyinvesting.com/members/jamescameron/activity/ Activity feed for Striker. Thu, 06 Nov 2025 10:25:45 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 986380f30e37d40744d342a456277182 Striker started the topic Interest capitalisation on construction home loan in the forum Help Needed! https://www.propertyinvesting.com/topic/5103570-interest-capitalisation-on-construction-home-loan/ Thu, 06 Mar 2025 12:16:21 +0000 I live at home with parents and have one resi investment property with a $970k home loan that is completely offset. I want to now buy another resi investment property, knock down and build a single dwelling, then sell it once completed. I know the way banks assess my loan I won’t be able to afford it and I will be about $50k pa in deficit (this w…[Read more]

]]> 366a07dde43af968d1c847497b9a658d Striker replied to the topic Buy Investment Properties & Rent The House You Live In in the forum Help Needed! https://www.propertyinvesting.com/topic/5001801-buy-investment-properties-rent-the-house-you-live-in/#post-5002315 Mon, 23 Feb 2015 10:38:20 +0000 Hi Jacqui,

My home is about 25 years old but I did an upstairs extension and added more rooms about 5 years ago. I don’t have a depreciation schedule for it and would get one if I was to rent it out. Even with the extension it is only a townhouse and still restrictive in space with very little land. It is in top spot close to schools and trams…[Read more]

]]> 16dbba430d0357f347ac991c23724eb2 Striker replied to the topic Buy Investment Properties & Rent The House You Live In in the forum Help Needed! https://www.propertyinvesting.com/topic/5001801-buy-investment-properties-rent-the-house-you-live-in/#post-5002314 Mon, 23 Feb 2015 10:30:19 +0000 Richard hi, my properties are in Melbourne.

]]> 0785283138c172cba67fd5d8b786f2d1 Striker's profile was updated https://www.propertyinvesting.com/activity/p/308037/ Wed, 18 Feb 2015 09:33:20 +0000 ea406308df59e29be0671b8c9d16c945 jamescameron started the topic Buy Investment Properties & Rent The House You Live In in the forum Help Needed! https://www.propertyinvesting.com/topic/5001801-buy-investment-properties-rent-the-house-you-live-in/ Wed, 18 Feb 2015 09:27:58 +0000 Strategy: 4 year strategy to rent a house larger than the one I live in and own outright.

Reason: We are overdue to move into a larger home. Depending on where my children get accepted for high school in 4 years time, we will buy a house in that area.

Our Situation:
* My wife & I are both PAYG earners
* Our home loan is paid off
* we have 1…[Read more]

]]> 69c5c7a36cef7aaacf635f4c35de63a5 jamescameron replied to the topic Funding Cash Shortfall with Equity - good idea? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400252-funding-cash-shortfall-with-equity-good-idea/#post-4626085 Thu, 17 Jun 2010 09:44:25 +0000 Terryw & mattYou both say it is difficult to go about doing this.  I assume you mean obtaining a loan won't be easy as it will be 100+ % finance.  But with sufficient equity or by using like an Equity Access Account / LOC could this not be easily possible?

]]> ee8ada0af304c20dcea941534acda95f jamescameron replied to the topic Which Suburbs? (Victoria) in the forum Help Needed! https://www.propertyinvesting.com/topic/4400028-which-suburbs-victoria/#post-4624890 Fri, 04 Jun 2010 10:26:21 +0000 Would I be right in assuming the further out you move from the city it would be harder to find a tenant (unless ofcourse they work nearby).  For instance I was thinking about investing in Wyndham Vale or around there as its meant to be one of the fastest growing corridors etc etc).  But who's going to rent out there for say $300 p/w when you c…[Read more]

]]> a1709f038101223ee1c44b9a7963c2d5 jamescameron replied to the topic Equity Rich But Cash Poor in the forum Help Needed! https://www.propertyinvesting.com/topic/4398810-equity-rich-but-cash-poor/#post-4617359 Fri, 19 Feb 2010 07:59:30 +0000 So, Benjamin or Richard…….how does one use Super to invest in property?  I have Super but it's not self managed – can I still do it?  Also, as this concept is a bit foreign to me, will it help with the struggling cash flow situation that I am in or is it there to assist more with the equity side of things?James

]]> 23dee6a1ab09a90daf5484251f40546b jamescameron replied to the topic A Wrap Deal for FREE !! (Insane!) in the forum No Subject https://www.propertyinvesting.com/topic/4370021-a-wrap-deal-for-free-insane/#post-4444577 Wed, 17 Dec 2003 12:43:21 +0000 Okay, Kay and everybody else out there. I am prepared to sell at the price it is worth today!!!

If interested still, e-mail me at swoosh_505@hotmail.com

BEAT That!

James

]]> 524c3ee953641a6aac65aa05e12b39ea jamescameron replied to the topic A Wrap Deal for FREE !! (Insane!) in the forum Hotch Potch https://www.propertyinvesting.com/topic/4370021-a-wrap-deal-for-free-insane/#post-4444574 Wed, 17 Dec 2003 11:59:12 +0000 Well yes I am a nice person indeed.

But my motivation is sparked by the fact that I am one of those affected by the hike in interest rates and am facing it a little hard to meet repayments. So, one option would be to sell it. But instead of being hit with agent’s commission of around $10K, I felt wrapping it would be another option and would at…[Read more]

]]> f4c4bc3444a546b7ffc17688eada142d jamescameron replied to the topic A quick queston about internet providers? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369811-a-quick-queston-about-internet-providers/#post-4443062 Thu, 04 Dec 2003 02:49:46 +0000 SIS

Go Telstra Broadband like I have (and am very happy with it – been down only once for 2 hours in the last 6 months) and get Foxtel Cable for no installation cost b/c the cable is already laid.

James

]]> afe19339198fb074f020a4acc5d29383 jamescameron replied to the topic Young Investors Correction - EVRYONE MUST READ!!!! in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369791-young-investors-correction-evryone-must-read/#post-4442980 Thu, 04 Dec 2003 02:10:00 +0000 I am 92, does this mean I can come too? [:I]
dont be shocked, am just kidding. Perhaps we could go by name Virgin2![:D]

]]> aafd7e1dbe2f749b2e43084b8bed2511 jamescameron replied to the topic Please explain ? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369710-please-explain-2/#post-4442036 Tue, 02 Dec 2003 23:34:40 +0000 Is there any way possible to transfer properties already in a personal name to a Company or a Trust without incurring hefty fees?

James

]]> 2a3d4f3b5f1def365c4de33b37bd7b62 jamescameron replied to the topic Which City/Suburb you live? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369744-which-citysuburb-you-live/#post-4442206 Tue, 02 Dec 2003 03:00:49 +0000 Balwyn Area (Melbourne)

]]> d88df78a44c989d0fb55d265af78dde4 jamescameron replied to the topic Please explain ? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369710-please-explain-2/#post-4442031 Tue, 02 Dec 2003 02:59:28 +0000 But hang on…..what are the underlying benefits of putting the PPORs & IPs into a trust? Do trusts pay less tax than individuals on the highest tax scale? Or is it to protect the assets in the event that you go bankrupt?

James

]]> 6826348adf5f22ab23acb6a3611b41c6 jamescameron replied to the topic How do I get my landlord to buy me a plasma TV? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369541-how-do-i-get-my-landlord-to-buy-me-a-plasma-tv/#post-4440649 Tue, 02 Dec 2003 00:35:07 +0000 Ziz,

Aren’t the maintenance costs covered in the Warranty of the item? So say you took out a FlexiRent over 5 years, they tend to extend warranty over 5 years too.

Also, how about a Ceiling mounted projector instead of a Plasma. One that projects on to a wall or large pull-down screen. Not only do they last longer and are cheaper, but…[Read more]

]]> fee2449e3968b07321b3725189bca313 jamescameron replied to the topic How do I get my landlord to buy me a plasma TV? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369541-how-do-i-get-my-landlord-to-buy-me-a-plasma-tv/#post-4440644 Fri, 28 Nov 2003 00:09:37 +0000 Hi MelBear,

Where can you purchase these sort of items at wholesale? Secondly, with your repayments, is the principal deductible, or is it just the interest repayments?
Finally, if I indicated to the ATO I had purchased the home theatre for one of my rental properties and kept it myself (getting tax benefits in the meantime), how would the ATO…[Read more]

]]> f73175959d2ca44d22ae57e6fa30bd5a jamescameron replied to the topic How do I get my landlord to buy me a plasma TV? in the forum No Subject https://www.propertyinvesting.com/topic/4369541-how-do-i-get-my-landlord-to-buy-me-a-plasma-tv/#post-4440642 Thu, 27 Nov 2003 05:49:23 +0000 TerryW

Why would it matter whether it is a company financing the equipment. I thought finance companies would not finance 2nd hand stuff to anyone, esp under $10K

James

]]> 4126cf89f8f45ddedaaa6fb45f2c178d jamescameron replied to the topic How do I get my landlord to buy me a plasma TV? in the forum No Subject https://www.propertyinvesting.com/topic/4369541-how-do-i-get-my-landlord-to-buy-me-a-plasma-tv/#post-4440638 Wed, 26 Nov 2003 13:42:53 +0000 What a Neat Idea!!

]]> c5ee2f2fb9ac44e5fc8dbee503b89173 jamescameron replied to the topic Melbourne "Beginers" Investor Group in the forum Opinionated! https://www.propertyinvesting.com/topic/4369521-melbourne-beginers-investor-group/#post-4440497 Mon, 24 Nov 2003 02:26:34 +0000 Sounds great. Count me in too. I’m in the Balwyn area.

James
striker_77@hotmail.com

]]> 50b5027b2324139f5e65684968ab83ee jamescameron replied to the topic How do I get my landlord to buy me a plasma TV? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4369541-how-do-i-get-my-landlord-to-buy-me-a-plasma-tv/#post-4440635 Mon, 24 Nov 2003 02:23:48 +0000 Hey Vivarto,

Not a bad idea at all!! But do you know if you can FlexiRent/Lease a 2nd hand Plasma sold privately thru the Trading Post??
As far as the Insurance, you will have to pay the premiums (but you can build it into the rental of the property). As with Depreciation, I think it will depend how old the tv is and what the length of time the…[Read more]

]]> aaefc179b70858f757cf5abb04a81560 jamescameron replied to the topic Invitation to Form Melb. Group in the forum No Subject https://www.propertyinvesting.com/topic/4369554-invitation-to-form-melb-group/#post-4440728 Mon, 24 Nov 2003 02:10:15 +0000 Sounds like a great idea. I’m in!
PS. Who’s Vivarto?

]]> b780a1ab66bdca15abf7e29ca9923e33 jamescameron replied to the topic Rental yield - & inclusion of white goods in the forum No Subject https://www.propertyinvesting.com/topic/4367945-rental-yield-inclusion-of-white-goods/#post-4428800 Thu, 18 Sep 2003 00:34:26 +0000 The problem with furnishing a property I’ve heard is that if something goes wrong with it, then you are up for more expenses to fix it!

]]> a34baa675972dede75d01b5a1f851683 jamescameron replied to the topic What's your profession? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367252-whats-your-profession/page/11/#post-4424685 Thu, 18 Sep 2003 00:32:14 +0000 I’m a finance manager in a leasing company.

Aiming for the 130 properties….but a long long way yet!

]]> 8b28a3f8afcb7944c0b91080ef4529a7 jamescameron replied to the topic Should I Sell? (Richmond) in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367776-should-i-sell-richmond/#post-4427906 Fri, 12 Sep 2003 09:39:48 +0000 Thanks Melanie & Stu. I actually will not have any extra funds after the sale. I expect to be breaking even. Maybe after a few years I can sell for more. Right now my loan is $340K & the house is probably worth $340K.
I know, I have too much to think abut this weekend – it’s giving me a headache.

PS. Where can you find out the growth…[Read more]

]]> f09fe0fb8dfd9f2e7fdf87ee82a67637 jamescameron replied to the topic Location challenged in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367766-location-challenged/#post-4427868 Fri, 12 Sep 2003 04:00:00 +0000 Troy

As BC said, I think you have no choice but to look afar, or for that matter interstate as a lot of us are doing. Even overseas (NZ) for that matter. Money doesn’t come easy!!

As far as 20% deposit or using equity. Just remember that by using your equity you would then be financing more than 80% of your purchase. No problem with that…[Read more]

]]> 096cc13805d7b50d13f78f342623923f jamescameron replied to the topic 110K in the forum No Subject https://www.propertyinvesting.com/topic/4367530-110k/#post-4426582 Fri, 05 Sep 2003 01:46:49 +0000 Ventura
I am in a similar boat to you. I think you are better to buy a IP and rent yourself provided that the rent youpay does not exceed what you would otherwise be paying in loan payment on your own home. This way the interest on your IP is tax deductible and so are all the other associated expenses with an IP. By renting yourself, you may be…[Read more]

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