PropertyInvesting.com | Streaker | Activity https://www.propertyinvesting.com/members/streaker/activity/ Activity feed for Streaker. Thu, 06 Nov 2025 11:33:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 218d35ac8f5510c0421f6c8257571ff6 Streaker replied to the topic Bridging loan for construction in the forum Finance https://www.propertyinvesting.com/topic/5114722-bridging-loan-for-construction/#post-5114795 Fri, 05 Sep 2025 12:09:33 +0000 Many thanks Chris,

Apologies I haven’t been in touch this week, but I will try and give you a call to discuss early next!

Really appreciate you getting back to me.

]]> 0300fa2710227ca21c3dfeb04e8c3482 Streaker started the topic Bridging loan for construction in the forum Finance https://www.propertyinvesting.com/topic/5114722-bridging-loan-for-construction/ Fri, 29 Aug 2025 11:06:34 +0000 Just wondering if any finance guru’s out there can provide advice or help secure a bridging loan to help my wife and I jump from our existing PPR to a new build without renting in between?

The big banks won’t entertain the idea, but aside from the inconvenience of moving house twice, my wife and I aren’t keen on paying more in rent than we do on…[Read more]

]]> c7cb11dedfa29e5f81e4dd690ad36d59 Streaker started the topic Capital Gains Tax query in the forum Help Needed! https://www.propertyinvesting.com/topic/5077869-capital-gains-tax-query-2/ Thu, 13 Jan 2022 21:05:40 +0000 I recently sold an IP that I’ve owned since 2004. It was my PPoR for 5 years until 2009, when I moved and rented it out until November last year.

I’m aware I’m eligible for a 50% CGT discount based on having owned it for more than 12 months, but is there any further reduction based on the first 5 years when I lived in the property?

Many thanks…[Read more]

]]> d59eca8753f3ac93b3b07f406aeab751 Streaker replied to the topic How much can I borrow? in the forum Finance https://www.propertyinvesting.com/topic/4406809-how-much-can-i-borrow-11/#post-4671504 Wed, 13 Jun 2012 09:36:08 +0000 Hi Jamie,If I were in Canberra, I'd be coming to see you (or are we able to do all this via email???) – I think the mortgage broker who I got my first loan through has now gone on to do something else, and I haven't had a good experience with the few others in my area… So in the meantime I'm going to have to do a bit of leg-work – hence trying t…[Read more]

]]> 573cd097ba45998150301cdd3d198831 Streaker replied to the topic How much can I borrow? in the forum Just to clarify, you guys https://www.propertyinvesting.com/topic/4406809-how-much-can-i-borrow-11/#post-4671500 Tue, 12 Jun 2012 03:57:14 +0000 Just to clarify, you guys would recommend taking out a LOC against my first IP, drawing out the money to pay for the deposit, stamp duty and any minor cosmetic changes on 2nd IP, with a new separate loan to finance the rest of the 2nd IP? As this is all deductible debt, is it worth putting my "rainy day" cash into an offset account?Many thanks…[Read more]

]]> c6f735970231cc9a5562404b2094c2f0 Streaker replied to the topic Radiata pine flooring, to stain or not to stain? in the forum Value Adding https://www.propertyinvesting.com/topic/4406653-radiata-pine-flooring-to-stain-or-not-to-stain/#post-4670424 Mon, 11 Jun 2012 00:42:50 +0000 Bear in mind that Radiata Pine is quite soft – easy to get scratches and depressions in the surface that will stand out like crazy if it has a dark stain over it. Dark stain to increase the perceived value? Most likely, yes. Practical long-term? Not really.

]]> 491193811788147d2d6c739c397bc37b Streaker replied to the topic Where can I find hotels for sale in the forum Commercial Property https://www.propertyinvesting.com/topic/4405949-where-can-i-find-hotels-for-sale/#post-4664358 Mon, 11 Jun 2012 00:34:51 +0000 Freehold means you own the building and the business, leasehold means you lease the building from the owner but own/operate the business (accommodation/restaurant/bars/pokies etc.)

]]> ec3f0ecb1fba2ead474011ccd451cb8c Streaker replied to the topic How much can I borrow? in the forum Finance https://www.propertyinvesting.com/topic/4406809-how-much-can-i-borrow-11/#post-4671494 Mon, 11 Jun 2012 00:29:50 +0000 Thanks Jamie – I'll suss them out… My previous experience has been pretty good, but if they tell me it can't be done or seem confused I will look elsewhere.

]]> 658498323f20febeb5c6837fdb4fd0a9 Streaker replied to the topic How much can I borrow? in the forum Finance https://www.propertyinvesting.com/topic/4406809-how-much-can-i-borrow-11/#post-4671492 Sun, 10 Jun 2012 23:15:14 +0000 One more question…Online Stamp Duty calculator is telling me I'll be up for about $8000 – is this correct?

]]> f43262b80d857d833b3170e2e7650cce Streaker replied to the topic How much can I borrow? in the forum Finance https://www.propertyinvesting.com/topic/4406809-how-much-can-i-borrow-11/#post-4671491 Sun, 10 Jun 2012 23:13:05 +0000 Thanks guys, much appreciated!!!I will go and see the bank this week to see what they think…

]]> 1610b1a8e8b8002e745f91b55adc9e90 Streaker replied to the topic Gyprocking internal walls in the forum Value Adding https://www.propertyinvesting.com/topic/4405673-gyprocking-internal-walls/#post-4662393 Sun, 22 Jan 2012 02:59:18 +0000 I've got a property (2BR unit) that was entirely exposed brick inside – putting Gyprock up was a relatively inexpensive exercise – as catalyst said, Gyprock is pretty cheap and to fix a sheet in place is much less labour-intensive than rendering a similar sized area. You could probably do the sheeting yourself if you're confident enough or can ge…[Read more]

]]> b3974addc03e4afc464740889ed4b46f Streaker replied to the topic How do I buy my first home? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405640-how-do-i-buy-my-first-home/#post-4662169 Sat, 21 Jan 2012 22:37:13 +0000 IDV8, you're on a much better train of thought now! Zimby has hit the nail on the head – don't over extend yourself. If you qualify for a $600k loan, you don't necessarily have to take it, and don't let the banks talk you into it. Of course they want you paying interest on $600k, but if you find the right property at $300 or $400k that just needs…[Read more]

]]> 3f9e63e56a5526268eea3a845811035a Streaker replied to the topic How do I buy my first home? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405640-how-do-i-buy-my-first-home/#post-4662165 Sat, 21 Jan 2012 11:17:50 +0000 A couple of the other people responding on this thread have touched on it already, but my first concern reading your post was your desire for your first purchase to be your dream home…If you can honestly picture yourself living in this "dream home" until you retire, then go for it – I sincerely wish you all the best. On the other hand, if you…[Read more]

]]> ad166f44575880b1ac46ba7eef70e239 Streaker replied to the topic Getting Educated before buying IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4405653-getting-educated-before-buying-ip/#post-4662280 Sat, 21 Jan 2012 11:03:21 +0000 Hi John,It's not property specific, but George S. Clason's "The Richest Man In Babylon" is a must-read for anyone interested in creating personal wealth – it covers the basic principles in plain and simple terms – basic principles that most people don't even think about. Your teachers comment reminded me of the lesson in the book where a man g…[Read more]

]]> 84a27ab991d85f8893d42680e56d9639 Streaker replied to the topic Paint Brands: Advice Required in the forum Value Adding https://www.propertyinvesting.com/topic/4405386-paint-brands-advice-required/#post-4660240 Fri, 20 Jan 2012 11:13:27 +0000 Haymes paints are fantastic – I haven't done any renovation work recently, so I'm not sure where they fall with regard to price, but definitely worth checking out.

]]> 7d2d590da907f8ab6c6dc52ef4c31d98 Streaker replied to the topic What renovations add the most value? in the forum Value Adding https://www.propertyinvesting.com/topic/4405644-what-renovations-add-the-most-value/#post-4662227 Fri, 20 Jan 2012 10:15:25 +0000 Another way to increase the yield once you've made the changes you want to make: Furnish the place. I did this with an older 2BR unit I own in a large regional city. It's close to the centre of town, but the block was prone to attracting the odd undesirable tenant from time-to-time. The extra $80 a week I got for it as a furnished unit not only…[Read more]

]]> 01ab0b8383511ba17c5dd7594ff155e1 Streaker replied to the topic One for the mortgage brokers... in the forum Finance https://www.propertyinvesting.com/topic/4404654-one-for-the-mortgage-brokers/#post-4655386 Mon, 12 Sep 2011 22:34:27 +0000 Thanks Richard.Much appreciated.

]]> 5467c5ea36f9fa87b19b3039196ffd3b Streaker replied to the topic One for the mortgage brokers... in the forum Finance https://www.propertyinvesting.com/topic/4404654-one-for-the-mortgage-brokers/#post-4655384 Mon, 12 Sep 2011 08:18:50 +0000 After a little more research, can I assume that I might be able to refinance my current IP, up to 80% of it's value, taking $80k ($100k equity) and borrow about another $250k?

]]> 1b7d7b7f90c0c9908ac5f07232174633 Streaker replied to the topic One for the mortgage brokers... in the forum Finance https://www.propertyinvesting.com/topic/4404654-one-for-the-mortgage-brokers/#post-4655383 Thu, 08 Sep 2011 09:49:13 +0000 Ah, yes. Thanks Jamie.Back to the topic… Can anybody advise what my maximum borrowing capacity would be if I eliminated that CC debt, saved a $15k deposit, earning $45k p.a. with around $100k equity in another IP, no dependants, no other debts with the loan to buy a property making between $300 and $350 p.w. in rent. Existing IP making $290 p.w.…[Read more]

]]> 7540e64046e522956f1a7082fdad5ade Streaker replied to the topic One for the mortgage brokers... in the forum Finance https://www.propertyinvesting.com/topic/4404654-one-for-the-mortgage-brokers/#post-4655382 Thu, 08 Sep 2011 07:42:34 +0000 Sorry Michael – I may not have explained myself well enough (bad habit of mine sometimes) – my credit limit is about $22,000, but I currently owe just under $7,000 and most of this has just been transferred to a new card on which I'm only paying 0.99% interest for 9 months.So… Assuming I can pay this off and save $15,000 as a deposit in the…[Read more]

]]> e123d22573bf404f52408ed4350c7de9 Streaker replied to the topic One for the mortgage brokers... in the forum Finance https://www.propertyinvesting.com/topic/4404654-one-for-the-mortgage-brokers/#post-4655380 Thu, 08 Sep 2011 04:13:32 +0000 Thanks again Michael,Am I correct in assuming that a line of credit, much like a credit card, will reduce the amount of money I can borrow on the loan? If I've got no credit card and no line of credit, wouldn't I be able to borrow more than if I had a line of credit? I'm essentially trying to maximise the amount I can borrow to purchase another…[Read more]

]]> f1d643938f7f359eafb5110ffceaef13 Streaker replied to the topic One for the mortgage brokers... in the forum Finance https://www.propertyinvesting.com/topic/4404654-one-for-the-mortgage-brokers/#post-4655378 Wed, 07 Sep 2011 22:37:07 +0000 Thanks Michael,No dependants, no other debts at all, might be able to get a stat dec for my living arrangements, but let's assume my circumstances change (or those I'm living with) and that I have to find a place to rent. I could, in the current market, find a room to rent for $150/week in my area – certainly much less than $290.My current total…[Read more]

]]> 061ea45d4db6ff90d9ed1d04e74fb2ea Streaker replied to the topic One for the mortgage brokers... in the forum Finance https://www.propertyinvesting.com/topic/4404654-one-for-the-mortgage-brokers/#post-4655376 Wed, 07 Sep 2011 11:28:00 +0000 Thanks Jamie,Most of the properties I've been looking at (only roughly based on what I think I might be able to borrow) are attracting between $300 and $350 per week – if I can afford something with a higher rental return or better yield, then by all means I'd do it.I completely understand it could go either way, but let's assume interest rates…[Read more]

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