PropertyInvesting.com | Firefly | Activity https://www.propertyinvesting.com/members/kiz/activity/ Activity feed for Firefly. Thu, 06 Nov 2025 11:33:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7a1f2c308e13739195b953b61f6b7e5c Firefly replied to the topic Subdivision JV idea as a land holder / vendor?! in the forum Creative Investing https://www.propertyinvesting.com/topic/5113523-subdivision-jv-idea-as-a-land-holder-vendor/#post-5113576 Mon, 18 Aug 2025 03:29:09 +0000 Thanks for replying Steve :)

We are actually trying to sell another asset right now to see us to the finish line, had our first open on Saturday which was the worst first open I’ve had in almost 30 years in property :(

If we do manage to sell, the incoming cash would likely be just enough to both hold and complete a secondary subdivision, but…[Read more]

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3103f733f95d5f1c26034b13ba69a3da Firefly started the topic Subdivision JV idea as a land holder / vendor?! in the forum Creative Investing https://www.propertyinvesting.com/topic/5113523-subdivision-jv-idea-as-a-land-holder-vendor/ Tue, 12 Aug 2025 10:17:16 +0000 Hi, looking for those who have experience or might have done something similar….

We have a 3.5 acre block we are at the end of subdividing off our main property that we need to sell but it has a quirk, which is an 1800m2 shed on it. It’s attracting the wrong type of buyer for the rural residential area so we’re struggling to sell it. In trying…[Read more]

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fa2c24690c2f5afe9d082ffa91ea9b22 Firefly replied to the topic NEW QLD RENTAL LAW ISSUES - RENT! in the forum Help Needed! https://www.propertyinvesting.com/topic/5102953-new-qld-rental-law-issues-rent/#post-5103148 Mon, 27 Jan 2025 02:47:18 +0000 Hi Benny,

Thought you’d enjoy this update…. Our tenant has given notice to break her lease. It’s realistically the best outcome for us, no loss of rent, no having to be out of pocket for a letting fee and her having to repair the damage she’s caused. Only issue is, that we still can’t increase rent without going through QCAT for an official…[Read more]

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fbf2e6dd476017c05d6a667e77ba22a8 Firefly replied to the topic NEW QLD RENTAL LAW ISSUES - RENT! in the forum Help Needed! https://www.propertyinvesting.com/topic/5102953-new-qld-rental-law-issues-rent/#post-5102960 Fri, 10 Jan 2025 23:53:25 +0000 Hi Benny,

Thank you for weighing in and understanding my pain!!! Sometimes it just helps for people to ‘get it’.

We’re on the Sunny Coast which has also gone through the roof as you’d be aware. We bought a small beach shack within 1km of both the beach and the new CBD as a buy and hold but worked out a way to have two tenancies in the property…[Read more]

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8f75987eb83c983816a5b03572f5647f Firefly started the topic NEW QLD RENTAL LAW ISSUES - RENT! in the forum Help Needed! https://www.propertyinvesting.com/topic/5102953-new-qld-rental-law-issues-rent/ Fri, 10 Jan 2025 07:30:00 +0000  

FURIOUS at the lack of control over our investment property in QLD.

* Our expenses have skyrocketted on our rental property in QLD. Despite this, when it was time to renew our tenant’s lease, we chose to keep it about $30/week below market value and only increased her rent by $5/week due to her being a good tenant for the previous two…[Read more]

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e635957ec8434256f7b92ab8a3668630 Firefly started the topic Subdivison of PPOR - Tax Implications in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5093667-subdivison-of-ppor-tax-implications/ Thu, 08 Feb 2024 06:28:50 +0000 Hi,

We have purchased our forever home which sits on 21 acres and are subdividing off 3.5 acres. My previous accountant told me that all I needed was a real estate agent’s appraisal of the value of each proposed block comparable to the purchase price for the declaration of profit. My new accountant initially advised to get a full valuation done…[Read more]

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e635957ec8434256f7b92ab8a3668630 Firefly started the topic Subdivison of PPOR - Tax Implications in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5093667-subdivison-of-ppor-tax-implications/ Thu, 08 Feb 2024 06:28:50 +0000 Hi,

We have purchased our forever home which sits on 21 acres and are subdividing off 3.5 acres. My previous accountant told me that all I needed was a real estate agent’s appraisal of the value of each proposed block comparable to the purchase price for the declaration of profit. My new accountant initially advised to get a full valuation done…[Read more]

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f3479eccac2edd41ac73ffe7cd96810c Firefly replied to the topic Stamp duty work around - 2 lots under one purchase in the forum Creative Investing https://www.propertyinvesting.com/topic/5084446-stamp-duty-work-around-2-lots-under-one-purchase/#post-5084450 Mon, 07 Nov 2022 01:16:21 +0000 Hi Steve!

Thank you for taking the time to write a reply :) I actually thought as much, but wanted to throw it out there just in case someone had a ‘creative’ work around!

It still stacks up for us even with having to pay full weight on SD due to what we plan on doing with it… but it would be nice if we could keep that extra $20k – $50k in…[Read more]

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5eb3ed4dd5a1908c6e434843705c93da Firefly started the topic Stamp duty work around - 2 lots under one purchase in the forum Creative Investing https://www.propertyinvesting.com/topic/5084446-stamp-duty-work-around-2-lots-under-one-purchase/ Sat, 05 Nov 2022 05:29:32 +0000 Hi,

We have found our dream property which isn’t on the market but the owner is potentially looking to sell. It’s a large 10+ Ha block with two lots and two titles which will be sold in one line. To be able to afford to do, what we want to do, we’ll have to sell the smaller lot and do a simultaneous settlement. We’re talking $2.5m – $3m purchase…[Read more]

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88b1009af6201623f53270cc7c7e8299 Firefly replied to the topic BRENDAN NICHOLS HOME STUDY COURSE AND MORE in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/5068947-brendan-nichols-home-study-course-and-more/#post-5068958 Thu, 19 Nov 2020 04:08:40 +0000 Hi, I’d prefer pick up at this stage as we’re packing to move, but if it doesn’t go, I’ll see what it would cost to post for you. Cheers.

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ba177da1d3151cd7e5b5f933ab4bafbb Firefly started the topic BRENDAN NICHOLS HOME STUDY COURSE AND MORE in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/5068947-brendan-nichols-home-study-course-and-more/ Mon, 16 Nov 2020 00:10:00 +0000 Huge collection of Brendan Nichols and a couple of others. Sydney (Miranda 2228) pick up, $50 the lot, need gone ASAP as we’re moving interstate!

I can not work out how to add a photo sorry! But have one ready!!!

 

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76507affe45e856f5e67a0cbadf823bd Firefly changed their profile picture https://www.propertyinvesting.com/activity/p/325464/ Wed, 16 Sep 2015 14:37:53 +0000 92ca67beab733a4a51331828778c18be Firefly replied to the topic Trying to decide to buy an investment property in Aus or NZ ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/5011448-trying-to-decide-to-buy-an-investment-property-in-aus-or-nz/#post-5013367 Wed, 16 Sep 2015 14:34:11 +0000 Hi Roach,

I’m slightly seasoned in Australia, have traveled to USA with Steve McKnight and have my super invested in his USA fund and have just gotten back from NZ where I have now made two formal offers. My hubby is from NZ and we are looking at buying in his home town, which is a uni town with very low vacancy rates and still the opportunity…[Read more]

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af146cba7d4782f6e31d8b3d20a2b1cd Firefly replied to the topic Martin Ayles Development Blueprint FOR SALE! OR swap for Cherie Barber Course in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/5007818-martin-ayles-development-blueprint-for-sale-or-swap-for-cherie-barber-course/#post-5010872 Tue, 28 Jul 2015 21:52:47 +0000 Hi,do you still have this? Could you please sent me details.

Thank you

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10c1c746f5cdba52c313e84168ff43f2 Firefly started the topic URGENT help needed regarding OFF THE PLAN with SEVERE DEFECTS in the forum Help Needed! https://www.propertyinvesting.com/topic/5005069-urgent-help-needed-regarding-off-the-plan-with-severe-defects/ Tue, 31 Mar 2015 05:33:28 +0000 Hi,

My friend has come to me for help however i’ve personally never bought off the plan before. She has bought her very first PPOR “Off the plan” in 2013 and it is now all going horribly wrong. She purchased a duplex within a “heritage listed” building which the builder was changing from a boarding house, back into a 2 unit duplex. The builder…[Read more]

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d07c9a78a20995935d21db0497eb6d58 Firefly's profile was updated https://www.propertyinvesting.com/activity/p/311666/ Mon, 30 Mar 2015 03:08:11 +0000 3386fef11b5fcb4fce0fcad6d925de12 KIZ replied to the topic Best advice : Don't invest into property : The australian market is CRASHING. in the forum WOW, i went to Steve's last https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/3/#post-4586789 Mon, 19 May 2008 10:43:07 +0000 WOW, i went to Steve's last seminar and not even HE, a proven, respected, self made property mogul, would dare suggest that anything is so absolute and definite!!! Scamp, are you as qualified as him to be giving advice??? Otherwise i'm guessing that yourself and a few others on here have managed to aquire magical crystal balls somewhere and in t…[Read more]

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f6d05a5b4aab18684f297df3abf0f325 KIZ replied to the topic Buying Unit in Group of 4 in the forum Hi Budgy, I was at Melbourne https://www.propertyinvesting.com/topic/4392916-buying-unit-in-group-of-4/#post-4585720 Tue, 15 Apr 2008 04:25:22 +0000 Hi Budgy,I was at Melbourne too, it was a great weekend wasn't it! To answer your question, you can do quick reno's in an apartment block if the numbers add up but there are a couple of things you need to be mindful of….You need to check your strata bi-laws and make sure you renovate within them. For example, some units don't allow top floor…[Read more]

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2d2baec3c3f73a9277d0f631431352f6 KIZ replied to the topic How to flip a property in the forum Creative Investing https://www.propertyinvesting.com/topic/4392575-how-to-flip-a-property/#post-4583971 Sun, 09 Mar 2008 08:57:26 +0000 i have so much to learn :) and stamp duty…. arrggghhh!!!

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428f750cc58ad9a482318a31f5c6d8f9 KIZ replied to the topic Bank foreclosing on property - we have been asked if we would like to buy in the forum Help Needed! https://www.propertyinvesting.com/topic/4390750-bank-foreclosing-on-property-we-have-been-asked-if-we-would-like-to-buy/#post-4573965 Sun, 09 Mar 2008 08:53:54 +0000 Looks fantastic, well done!!! Would love to see some b4 pics, do you have any?

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e1ff80e8c58cb7756c1634c2255770cb KIZ replied to the topic Selling house but went to keep fmy fixed intrest loan, ideas? in the forum Finance https://www.propertyinvesting.com/topic/4392541-selling-house-but-went-to-keep-fmy-fixed-intrest-loan-ideas/#post-4583811 Sat, 08 Mar 2008 12:48:53 +0000 Anrobel, i recently discussed this with my broker and he said as long as you have a 2nd property to secure the LOC against then it isn't a problem. Haven't had first hand experience myself though so i'm not 100% sure of the finer details. Definately worth a shot though :D

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34bbc46558d89523672fd6a40b8c8baf KIZ replied to the topic How to flip a property in the forum Creative Investing https://www.propertyinvesting.com/topic/4392575-how-to-flip-a-property/#post-4583968 Sat, 08 Mar 2008 12:38:00 +0000 What an AMAZING opportunity! Have you considered signing contracts yourselves at the 600k asking price and then onselling it for 800k within the settlement period? Have the 2 settlement days on the SAME date and you effectively have a "NOTHING DOWN DEAL". If you are concerned at all about the 'buyer' committing, give yourselves an OUT clause in…[Read more]

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25af006983fdb80bfedeba1a6aad7ceb KIZ replied to the topic how much did you spend renovating your bathroom? in the forum Value Adding https://www.propertyinvesting.com/topic/4391754-how-much-did-you-spend-renovating-your-bathroom/#post-4579162 Sat, 08 Mar 2008 12:25:51 +0000 P.S If you have a BUNNINGS in your area, they conduct DIY workshops for free on the weekends for everything from tiling to decking and pergolas. Great start for anyone new to DIY and even better when its free!

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9de7654042fe22544a06844fc4c5d83f KIZ replied to the topic how much did you spend renovating your bathroom? in the forum Value Adding https://www.propertyinvesting.com/topic/4391754-how-much-did-you-spend-renovating-your-bathroom/#post-4579161 Sat, 08 Mar 2008 12:24:00 +0000 Hi again! James007 i'm in Sydney and use laws auctions at whetherill park for my tiles and vanities. Ebay has been great lately too for shower screens and fittings. $10,000 is not a HUGE amount for a bathroom but you can definately do it cheaper. Plumbing was my biggest cost on the 2nd job as i had to move a lot of the pipework. Nami is correct,…[Read more]

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8857ee79027b69cf05a86e19fcde53ff KIZ replied to the topic Refunding of LMI in the forum Help Needed! https://www.propertyinvesting.com/topic/4392577-refunding-of-lmi/#post-4583984 Sat, 08 Mar 2008 11:58:55 +0000 I have been refunded on my last 2 loans. The first loan i settled in 8 months and received about 50% back and the second loan i settled after 17months and still got around 40% back. (The second cheque came from gemworth) Both of these refunds though i owe to my fantastic mortgage broker who applied for them on my behalf. I'm sure if that wasn't…[Read more]

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9cf9690a79287cbc362823fb6e5afc85 KIZ replied to the topic Ethical question in the forum Help Needed! https://www.propertyinvesting.com/topic/4392339-ethical-question/#post-4582876 Mon, 18 Feb 2008 00:36:24 +0000 "do unto those as you would have done to yourself"Linar, it seems you are going to do this as if the shoe was on the other foot you would cop the mistake. HOWEVER, why wait until settlement for them to find out? If you want to be completely fair about the situation, why not point the amount out to them and tell them that is what you are going to…[Read more]

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fdd2b44573d5a7bab474e811dc37322a KIZ replied to the topic NSW Stamp Duty Question? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392292-nsw-stamp-duty-question/#post-4582669 Tue, 12 Feb 2008 07:34:53 +0000 thanks for the replies, i thought that was the case, it may be different in the USA :( not easy to make money in this country without the government taking a massive chunk of it…. still, will not give up :D

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d2a10b84baf25794f210a106d8ac9429 KIZ replied to the topic Selling portfolio Taking profit and waiting for better days! in the forum General Property https://www.propertyinvesting.com/topic/4392164-selling-portfolio-taking-profit-and-waiting-for-better-days/#post-4581997 Thu, 31 Jan 2008 23:42:21 +0000 Me on the other hand, i have my cash in a high interest 6.7% on call account. Am keeping an eye on things and if a bargain comes up the interest rates wont stop me from buying. Am doing the conference in April and then the mentoring program so am kind of holding my breath until then. To be honest, i'm a bit unsure of exactly what i should be…[Read more]

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5d6a65352a9ec3f9216b8ef83d360d33 KIZ replied to the topic Capital gains tax??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391818-capital-gains-tax-35/#post-4579552 Sat, 05 Jan 2008 07:26:07 +0000  Hi Chook, I have just learnt from my mistake… i just renovated a property which i had tenanted for 12months before moving into it. I lived in it as my PPOR whilst i renovated and thought that i would not have to pay any CGT… but alas, i was wrong!If you plan on turning it over quickly, it needs to be your PPOR from the day of settlement…[Read more]

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5172c1e25df71f5fb793ce7580132c27 KIZ replied to the topic gazumped - learn from our sorry tale in the forum Hi Carlin.... Please be https://www.propertyinvesting.com/topic/4391787-gazumped-learn-from-our-sorry-tale/#post-4579361 Thu, 03 Jan 2008 03:21:04 +0000 Hi Carlin….Please be wary, whether or not it is legal, i had an agent exchange a contract i had signed almost a week after i was told i was out bid. Yes the agent was dodgy but this is what happened… the agent REFUSED to submit any offers to the vendor unless it came in the form of a signed contract accompanied by a 10% deposit. Yes, this is…[Read more]

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022efc84123fdaec9b43c1762a2292e4 KIZ replied to the topic how much did you spend renovating your bathroom? in the forum Value Adding https://www.propertyinvesting.com/topic/4391754-how-much-did-you-spend-renovating-your-bathroom/#post-4579149 Sat, 29 Dec 2007 23:50:06 +0000 Hi pinknic20,I agree with Scott, it can cost anywhere from $5-$50k depending on your taste, style, re-plumbing and amount of labour you want to contribute. My biggest expense on the 2nd was the plumbing work to re-route some plumbing and the 'built-in" toilet which caused my plumber a bit of grief. I have now renovated 2 bathrooms, the first…[Read more]

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95954b269f1fc36cb8ddacbbf2e6784b KIZ replied to the topic Giving back the FHOG in the forum Help Needed! https://www.propertyinvesting.com/topic/4391558-giving-back-the-fhog/#post-4578010 Fri, 30 Nov 2007 04:00:12 +0000 DraconisV wrote:
It seems like what I am proposing is fraud, it doesn't make me feel good that this is the truth. hmm, if they can't catch me(small chance) then why not give it a go. :) quote]  What you are proposing, have no doubts, IS fraudulent. You are on a website promoting your intentions to use the FHOG in a way it is not supposed to be…[Read more]

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0a841bd76f878ac037d3c1f50ca50a06 KIZ replied to the topic town house with loft vs apartment in the forum Help Needed! https://www.propertyinvesting.com/topic/4391448-town-house-with-loft-vs-apartment/#post-4577238 Thu, 15 Nov 2007 03:40:55 +0000 I am no expert but it would say it really depends on your reasons for buying. Are you buying as an investment to rent out or as a PPOR to live in yourself. If it is a PPOR it comes down to personal preference and what you can afford. If it is an investment property, you should really compare prices of similar sized apartments and the rents of…[Read more]

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ead6a554f4fb00aeef8c315703cbe6f6 KIZ replied to the topic Tell me about retail and commercial property in the forum Help Needed! https://www.propertyinvesting.com/topic/4378670-tell-me-about-retail-and-commercial-property/#post-4506159 Tue, 15 Feb 2005 05:22:21 +0000 Hi. I have one RIP and am in the same boat, i’m starting to look at Commercial and industrial as the returns seem to be more secure and better overall. However, on approaching my current lender, they wanted 100% security on a business loan… YES you read correctly… 100%!! I explained to them that i would not be running the business just buying…[Read more]

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4c61fa2d5d3a4fc14589546a0c19675c KIZ replied to the topic Mappers on Today Tonight in the forum General Property https://www.propertyinvesting.com/topic/4377448-mappers-on-today-tonight/page/3/#post-4498345 Tue, 21 Dec 2004 07:56:43 +0000 Just out of curiousity…..

Please don’t take this the wrong way but i’m just curious….

Why do people who don’t think it’s possible to achieve such big goals bother to become members of a website such as this? It’s just that i have 110% faith in the fact than everything that Steve and Dave achieved can be replicated… with the right amount of…[Read more]

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d84eb0fe9805c9932cc4093e2ccca54d KIZ replied to the topic Mappers on Today Tonight in the forum General Property https://www.propertyinvesting.com/topic/4377448-mappers-on-today-tonight/page/2/#post-4498321 Sun, 19 Dec 2004 14:59:30 +0000 I saw the show AND i went to the most recent seminar….

To all the sceptics i say, ‘put your money where your mouth is, read the books and go to the seminars’. Who really cares how much money THEY are making? What is important is that they’re out there, they’re having a go and achieving some amazing rewards. I have now spoken to and emailed many…[Read more]

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bdab361251426910cd5aa1c9d2edcf4b KIZ replied to the topic Capital Gains Tax in the forum No Subject https://www.propertyinvesting.com/topic/4377423-capital-gains-tax-18/#post-4498167 Wed, 15 Dec 2004 10:47:03 +0000 Thanks all for the responses! Today i managed to get out of the deal that required mortgage insurance, turns out the exchange hadn’t happened yet and i got a get out of jail free card! BIG lesson learned there. As for the CGT, i am only renting at the moment so look forward to receiving 100% profits, very happy indeedy! Thanks :)

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