PropertyInvesting.com | benderfile | Activity https://www.propertyinvesting.com/members/benderfile/activity/ Activity feed for benderfile. Thu, 06 Nov 2025 12:03:02 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8e1ea8c4cd483add72604cbaddadffbf benderfile replied to the topic Sydney market in the forum General Property https://www.propertyinvesting.com/topic/4393244-sydney-market-2/#post-4587600 Tue, 09 Sep 2008 10:12:56 +0000 Thanks everyone for the input.

I decided to rent and whipped down to sydney from far north coast NSW, i renovated or fixed everything in 7 days and had it re-let for $50pw more before I left.

It is now on a 5% yield. i bought 9 years ago so showing 9.3% on original debt.

I have taken a new Line Of Credit out with a new bank to use for deposits…[Read more]

]]> 9cd8cdb74787c6b6e363a8b8d948ef74 benderfile replied to the topic Sydney market in the forum General Property https://www.propertyinvesting.com/topic/4393244-sydney-market-2/#post-4587597 Tue, 02 Sep 2008 07:18:29 +0000 Do you think it has something to do with fishing??

]]> a54a45cfa9fa7516b7a70be9a3e3225a benderfile replied to the topic Sydney market in the forum General Property https://www.propertyinvesting.com/topic/4393244-sydney-market-2/#post-4587593 Fri, 29 Aug 2008 05:08:35 +0000 Hi tess85,
i bought my 1st house in Tempe before the 1998 boom and i have never regretted it. we rented it out (to continue living in Rose Bay) for 1st year then moved in for 4 years renovated it and then moved to Woronora River at Sutherland. we are now in Byron and still own both houses (Woronora for sale)

We enjoyed our time there you do…[Read more]

]]> 6db689a1c14e40b82b8ece9bea019348 benderfile replied to the topic Bank Valuations vs Valuations by owner in the forum Hi JaneS,    Thanks it is https://www.propertyinvesting.com/topic/4393277-bank-valuations-vs-valuations-by-owner/#post-4587845 Fri, 23 May 2008 07:41:55 +0000 Hi JaneS,   Thanks it is sounding like it is worth the effort!cheers

]]> 35c7d6d2c93ecfd0b1848546e48a1a8e benderfile replied to the topic Bank Valuations vs Valuations by owner in the forum Help Needed! https://www.propertyinvesting.com/topic/4393277-bank-valuations-vs-valuations-by-owner/#post-4587843 Fri, 23 May 2008 02:19:00 +0000 Hi JaneS,i have spoken to ANZ financial section, they say they do not influence the Valuer in any way, but that is not what i am hearing, you obviously believe otherwise.Also what price property are you basing the 30 to 50k amounts on eg: a percentage of how much more you believe can be achieved this way?cheers

]]> b6f693e68049c625223f1ec4276a8bc0 benderfile replied to the topic Annoying whiney pesky tenant.. in the forum Help Needed! https://www.propertyinvesting.com/topic/4389222-annoying-whiney-pesky-tenant/page/2/#post-4565907 Thu, 22 May 2008 09:25:03 +0000 Looks like you have had all the good advice, heres my story-I have a tenant who was similar although i have never had to meet her, thank god, i have a PM.Anyway she complained so bitterly and constantly that my PM suggested i give her notice (PM was fed up, its the first I had heard). I agreed with her and we did, the  next thing i hear is that t…[Read more]

]]> 49722c595e34d6cffd16e1aac13074b5 benderfile replied to the topic Bank Valuations vs Valuations by owner in the forum Thanks JaneS,    i will https://www.propertyinvesting.com/topic/4393277-bank-valuations-vs-valuations-by-owner/#post-4587840 Thu, 22 May 2008 08:26:07 +0000 Thanks JaneS,  i will try speaking to another branch, your methods seem sound, it is what i am trying to implement.Do you believe you get a higher valuation this way?cheers  

]]> 95b5dacc4f643c07d9e7b48506e7286b benderfile replied to the topic Sydney market in the forum General Property https://www.propertyinvesting.com/topic/4393244-sydney-market-2/#post-4587590 Wed, 21 May 2008 23:02:05 +0000 good advice thank you bothcheers

]]> 9a6545e8c59f80d511dc6f1c60acf2d7 benderfile replied to the topic Woolworths Coming in the forum General Property https://www.propertyinvesting.com/topic/4393214-woolworths-coming/#post-4587476 Sun, 18 May 2008 07:51:57 +0000 thanks matt007, you are right i’ll get off that one and look for a solution, i know i am lucky to have such a  problem.it is what i predicted 3 years ago its just i am more involved-i had never planned to live in it!  cheers

]]> b3a63327299826fb1160d5238fca5985 benderfile replied to the topic Woolworths Coming in the forum General Property https://www.propertyinvesting.com/topic/4393214-woolworths-coming/#post-4587474 Sun, 18 May 2008 01:34:45 +0000 ScottNoMates there is a moratorium on new builds in the town because of inadequate sewerage, new sewerage plant late 2010.The land opposite where woolies is going is State Rail, and the train service was cancelled 4-5yrs ago.i bought the rental because it had high return (house divided into 2 b/r flat and 2 b/r hse with sunroom) 6.5% and on a…[Read more]

]]> 12109e61cc8e5798c4e6f8a2b6fe2d6a benderfile replied to the topic Woolworths Coming in the forum General Property https://www.propertyinvesting.com/topic/4393214-woolworths-coming/#post-4587472 Sat, 17 May 2008 06:33:19 +0000 thanks for your responses all, My main concern is falling values of houses opposite or adjacent like my rental property.The local Jenman Real Estate agent is touting we will all lose 10-20% value being so close.Does anybody agree???As an investor, i believe it is a growth stimulator for the town.Hoping i dont have to take a step backwards first…[Read more]

]]> 719247dba3560400a78f177a406c23eb benderfile replied to the topic non tax deductible debt in the forum Finance https://www.propertyinvesting.com/topic/4392965-non-tax-deductible-debt/#post-4585954 Mon, 21 Apr 2008 11:41:34 +0000 thank you all for responding! TerryW – i  believe pay down means parking the cash in the ANZ (now) investment loan. i dont want to leave it there as it is now an IP hence my looking for a way to offset the StG loans and decrease non tax deductible debt. i will look into an IO loan.i will also look into the Pro Pack Qlds007 the loans are all i…[Read more]

]]> 4a5de4c72e1de51c1bcb3a9b41a88244 benderfile replied to the topic rockhampton in the forum Help Needed! https://www.propertyinvesting.com/topic/4385038-rockhampton-2/#post-4545209 Tue, 11 Apr 2006 11:38:50 +0000 thankyou stuart, any information is useful

cheerz[biggrin]

]]> bce94c85e15d916c221388fddda5c607 benderfile replied to the topic Anyone heard of "Investment Property Solutions"? in the forum Heads Up! https://www.propertyinvesting.com/topic/4376233-anyone-heard-of-investment-property-solutions/#post-4491280 Sat, 18 Feb 2006 14:09:54 +0000 hi nevilleg,
all i know from conversation with a rep:
1. he owns NO property
2. they are paid by vendor
3. hard to get any concrete info/offers to ‘face to face’

personally i dont think i will be using them[biggrin]

]]> 6fd9f7aa096b0bbf168b4f0e9dad5ffc benderfile replied to the topic Can you help? in the forum No Subject https://www.propertyinvesting.com/topic/4380980-can-you-help/page/5/#post-4521606 Wed, 15 Feb 2006 02:21:07 +0000 1. stuck! have 200k borrowed funds to invest and i am wasting it! NEED DIRECTION.
2. TOO MANY CHOICES analysis paralisis
3.consolidate or extend further? Market?[blush2]

]]> 8b072c68a6a3f84ba594c1113b65eed1 benderfile replied to the topic $1M Achieved in the forum General Property https://www.propertyinvesting.com/topic/4384066-1m-achieved/#post-4540061 Thu, 02 Feb 2006 14:58:44 +0000 just saw your post, good one.
it is hard to do on smallish incomes but thankfully very possible.
love hearing stuff like that

cheerz[biggrin]

]]> cbadbb2d1e7160485b0f48aa5ffed8c3 benderfile replied to the topic is it possible? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383985-is-it-possible-3/#post-4539697 Thu, 26 Jan 2006 00:48:20 +0000 thanx all,
i hoped it was possible and thankyou for sharing yo experience.

now i have to work out DSRs and see if this can be achieved with our incomes (both self employed)
we will need a cluey accountant, Nicholas Moustacas has been mentioned – all those in favour?
will need a good solicitor is Chris Batten the man?

does anyone recommend…[Read more]

]]> c1bcd3f9989d6497b8016a422fed67e1 benderfile replied to the topic is it possible? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383985-is-it-possible-3/#post-4539692 Tue, 24 Jan 2006 23:04:33 +0000 thankyou everyone,
much clearer on a direction now,

property investing aware solicitor, accountant,
any reccomendations in southern suburbs sydney

so many questions

glad to be here

[blink]

wouldnt be dead for quids

]]> 0e4f019c225de27497c8e98d0652f932 benderfile replied to the topic is it possible? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383985-is-it-possible-3/#post-4539690 Tue, 24 Jan 2006 06:52:08 +0000 Thanx APerry, Qlds007 and Wylie,

that makes sense, we dont have a trust set up but i have been planning to do that maybe now is the tiime.

i would imagine that selling the property (with most equity) to the trust would incur SD and probably CGT (wned mor than 1yr). i am ok with that if the numbers stack up.

the other thing is, that property…[Read more]

]]> 405c66abb5a55dd2326265429979379d benderfile replied to the topic is it possible? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383985-is-it-possible-3/#post-4539686 Tue, 24 Jan 2006 02:41:07 +0000 thankyou shwing and dazzling it sound like you are both right i love that.

dazzling – not my name only, we are both self employed, and joint owners. does that bugger it up?

NTDD – ?

in debt and loving it

[biggrin]

]]> bf13d1211b0b3037bb2e4d38346ed1e7 benderfile replied to the topic SYDNEY MEETING GROUP in the forum Creative Investing https://www.propertyinvesting.com/topic/4383356-sydney-meeting-group/page/3/#post-4536318 Tue, 24 Jan 2006 02:30:32 +0000 hiall,
i would like to be there on 29th @ petersham, sounds good. i ‘d come back early-

cheerz[biggrin]

]]> d750f5dc6a80b1b6fbb0c25653ea351a benderfile replied to the topic Which City/Suburb you live? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369744-which-citysuburb-you-live/page/15/#post-4442495 Thu, 19 Jan 2006 14:31:59 +0000 sydney, woronora river how is it i dont seem to have time to fish? it is only 100m.

investing = more time with my girl

]]> 5deaa6316631d056bfeebca39db754f6 benderfile replied to the topic house market state - up down sideways? in the forum No Subject https://www.propertyinvesting.com/topic/4383842-house-market-state-up-down-sideways/#post-4538863 Thu, 19 Jan 2006 06:55:04 +0000 mkc,
if you cant attract them with a free rent period or initial rent reduction perhaps it could be used for archive storage or boat /car
or even a local hardware store or builder that need to have a lockup?cheers

]]> a05c5a1c0a4993ad8a06538dbcb52c3f benderfile replied to the topic house market state - up down sideways? in the forum No Subject https://www.propertyinvesting.com/topic/4383842-house-market-state-up-down-sideways/#post-4538861 Wed, 18 Jan 2006 13:23:19 +0000 i have to agrre that we are in a far better position than 1st HB and there are still deals out there if we think laterally.
rang an agent today with a display home for sale with an option. before ‘1,000,000 in …..’ i wouldnt have considered that and i read the book xmas (thanks steve great book.
i am expanding my possibilities and looking…[Read more]

]]> 603f754bbea02a7227b0b519783f800b benderfile replied to the topic house market state - up down sideways? in the forum No Subject https://www.propertyinvesting.com/topic/4383842-house-market-state-up-down-sideways/#post-4538858 Tue, 17 Jan 2006 15:00:03 +0000 Yeh Mkc,
on one hand i hope ur wong about 10-15% – in sydney we have an IP and a PPOR i plan to use for equity, the sooner i get valuations the better it seems
i am still going ahead and looking around the place(cant hurt)
i will find one of those motivated vendors and the sale price or ROI will compensate
havent found the right ‘problems’ for my…[Read more]

]]> 6a893642b6857d4c72de2ec211adc9be benderfile replied to the topic Using equity to purchase property's in the forum Finance https://www.propertyinvesting.com/topic/4383844-using-equity-to-purchase-propertys/#post-4538871 Sat, 14 Jan 2006 14:01:52 +0000 hi minidaz,
i am doing something similar eg using funds made available by equity in property for investing.

however i intend to only invest in cashflow property so the burden is way less and i can hold over time.

cheerz

[blush2]

]]> 1fbb3b0cb55869a786028fdca5751006 benderfile replied to the topic Which area will boom next? in the forum Help Needed! https://www.propertyinvesting.com/topic/4383515-which-area-will-boom-next/#post-4537126 Sat, 14 Jan 2006 13:41:38 +0000 some thing about resiwealths idea appeals to me im up for it
cheerz[blink]

]]> 326ed3f3b600df086269a6e78da330b8 benderfile replied to the topic house market state - up down sideways? in the forum No Subject https://www.propertyinvesting.com/topic/4383842-house-market-state-up-down-sideways/#post-4538856 Sat, 14 Jan 2006 13:09:43 +0000 thanx jjaaus im on it [biggrin]

]]> a4bb957ed6ef5434a680e40ad5036ca5 benderfile replied to the topic value adding/higher return in the forum No Subject https://www.propertyinvesting.com/topic/4383838-value-addinghigher-return/#post-4538835 Sat, 14 Jan 2006 10:17:43 +0000 thanks for the responses,
(i had to duck out to trade my time for money.
yes jjaaus there does seem to be demand as it is in a convenient location, you virtually pass it as you enter or leave town (not a big town) Also it is behind the local (very busy) holden dealer, and i will be approaching them next week to see if they would lie to take a head…[Read more]

]]> c0cc679293005f3be9bb78a649215feb benderfile replied to the topic Postive geared property. in the forum Help Needed! https://www.propertyinvesting.com/topic/4383827-postive-geared-property/#post-4538776 Fri, 13 Jan 2006 09:52:27 +0000 i have to agree, you asked the wrong person, they are out there

have fun

]]> de9e02e9b7de31fc091c13d575570f30 benderfile replied to the topic here we go! I need a guide in the forum Help Needed! https://www.propertyinvesting.com/topic/4383789-here-we-go-i-need-a-guide/#post-4538613 Fri, 13 Jan 2006 09:15:00 +0000 thanks kiwi-fulla and grossrealisation I am working on it and the meeting is in my diary.

cheerz[biggrin]

]]> 87652c1e91c661ba76374ce18ea444e2 benderfile replied to the topic here we go! I need a guide in the forum Help Needed! https://www.propertyinvesting.com/topic/4383789-here-we-go-i-need-a-guide/#post-4538610 Thu, 12 Jan 2006 15:05:06 +0000 thanx kiwi fulla,
very sound advice and i am onto 1/2.

I guess that i am looking for someone to ‘check my homework’ and discuss strategy or plans
this forum is fantastic

thanx all
[blink]

]]> c7fe4aca3b92188272758f798b7af611 benderfile replied to the topic Can't see the Forest for the Trees in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383650-cant-see-the-forest-for-the-trees/#post-4537957 Sat, 07 Jan 2006 15:09:23 +0000 Hi Jules1,
You can cut the overhanging branches but only to the fenceline, if you go past it can be trespass

If their tree falls on your house your house insurance covers it (ring your insurer)

My NRMA insurance covered it and I replaced the gutters, fascia and eaves as well on that side of the house (thankyou neighbours tree) when a large…[Read more]

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