The vacancy rate is running at 10% or so at present for Docklands, so you may be able to find a tenant but you will have to offer a healthy discount to get one in.

Don’t know this company in particular but there seems to be a glut of companies using American University names for some instant credibility. Have seen Harvard, Stanford and Princeton, and just waiting on Yale. Can’t see Kellogg getting a run though!

I found Craig Turnbull’s book to be quite good and informative especially compared to the dross from Somers and Bell. How many chapters can they stretch to on the basic premise of if you pay more off your loan you will pay it out faster – rocket science!

Have sent e-mail Simon

Regards

Nick

Obviously 1st mortgage over land and have other properties available. What $ value of security are we likely to need?

Claron – do you have to make repayments on the funds or repay all at once after a certain amount of time?

Nick

thanks Simon, much appreciated.

Pacific Fair in Qld. Have a very helpful loans mgr – very good at understanding my convoluted holdings

The cba’s personal banking group have tried to take our files as we “qualify” for their “special 1 on 1 mgmt”. Duh – isn’t that what we get from someone we already know?

Guys,

What about where you have made repayments over and above so that you have x amount available to redraw? Can I withdraw and not affect my tax deduction?

Nick

Hi SIS,

I already get this deal from CBA but don’t have to pay the $300.

[] for me!

Richmond,

Being a good Tassie boy I shouldn’t really bag one of my own, but what is going on with Richo? Has he learnt nothing from the last two years? He has a serious attitude problem and you guys would have been better off trading him, freeing up some $$$ and getting a good young kid – maybe a swap for Stevens/Brown would have worked out…[Read more]

SIS,

Can you give a quick run-down on the wealth package please?

Nick

Normal Platinum is 100k+, but CBA is saying it’s a platinum for the people so may be much lower than that.

It seems an average package and devalues the overall Platinum Card concept. 12k is a fairly low minimum limit – I had a gold Golf Card via CBA that had a minimum of 15k. The value provided over and above the gold is not great – more than double the annual fee and gold interest rate is 16.8% and Platinum 18.8% – huh? How does that work out as a benefit?

Hi John,

What is the council’s opinion on subdivision – are they for or against further subdivision of avg sized blocks? Is the gain actually worth the costs/effort? Are there any caveats over the block regarding development? Is land tax going to be a killer?

Personally I think the block is quite small for splitting into even smaller slices,…[Read more]

Except that Mt Druitt is considered the roughest place in Sydney and butt of all the jokes.

Rent or buy?

We pay $400 a week for a $800k+ house.

$800 per f/n and have a life and invest or $2400 per f/n and eat baked beans, never leave the house, don’t invest for 30 years?

The choice becomes clear []

We pay $400 per week for rent, mind you we live in a house in Sydney. It’s a reward for living in 2 bed units for so long []

It does not affect our ability to invest, go out for a meal when we want. It makes our home life less stressful which makes it easier to focus on wealth creation.

Did you hear about the insomniac dyslexic?

He stayed up all night wondering if there really was a Dog?

Interesting that there is so much focus on a book commissioned by a roman emporer in the 3rd century AD when he decided that it would benefit him politcally to convert to christianity, considering christians were now a majority of his subjects.

Many other gospels were cast aside as they did not fit his vision for the good book. In initial…[Read more]