Hello Glasco,I am sure you can go to few insurance web sites and use their calculators, maybe a suggestion to, if you go to archicentre's web site, they have up to date info on rebuilds and costsing per sq metre, as LA pointed out.Its safer to over insurer a little than be out of pocket and dire straights.Cheers
Hello Boshy,For whats its worth I use a company called EBM Insurance Brokers (1800 661 662), which I found at one of the property investment expos. Why they seem fairly competitive with their fees. Touch on wood I havent need to test our policy , but it contains the general cover in-which we need.Cheers happy insurance hunting
Hello All,I also live in Sydney, but have been off the forum site for some time due to study/work/family commitments.Bec, you should research the forum here a little or I hope someone remembers and pops in some advice here soon, but there was a group of ppl from this forum who used to organise gatherings for Sydney investors. I think the last o…[Read more]
Hello Brownie,Have you tried contacting 'Otis' or other lift companies? Just an idea, how long have the lifts been installed? I would contact the starta management of the complex, I am sure they will have some info for you. I know a refit will cost you a lot, not from personal experience but by chatting with Otis when they refit where I work. If…[Read more]
Hello cjay,Perhaps you are searching to wide, and need to narrow it down a lot more, I could imagine how many listings tou would get if u typed in <200 k on the search engines, this will surely do your head and be non productive to an extent. API magazine as mentioned earlier by L.A is a great resource, but remember by the time the print (issue)…[Read more]
Hello Lilyhutch,I grew up a little south of Albury / Wodonga , and have also been keeping an eye on the area. Recently if not now there are major road works being completed, so the main highway which caters for traffic between Syd-Melb will by pass Albury and not through anymore.Wodonga appear to be cheaper area, as with Lavington (nth Albury) I…[Read more]
Wow interesting article, good find & supply,
Hmm can be viewed as a great opportunity for long term investing, certainly not for the short term > High unemployment, low morale, dimishing business cocktail for disaster or keen edge investor to hit while prices spiral down and hold for the up turn.[cigar]
Interesting reading all the same
Please dont shoot me down yet [evo],
Been awhile since I have been here, but I was also told by my accountant that you can not make those interest claims either.
They come into base costings, and subtracted from lovely GST @ sale time.
Only interest on the actual loan regarding the actual property, will be deducted.
Again my opinion and…[Read more]
I think that was safe / good advice for him/her. $ 20 k a month would more than suit me
Could even save every second month’s 20k and buy property with that
Just food for thought hmm 6 properties a year
Unfortunately I bought my first i/p without the due diligence / knowledge [confused2], so definately work out a structure / plan on what you want to achieve in your investment career / portfolio.
Like all i/p they can work if part of your plan, what can seem appealing to you may not be appealing to other investors, maybe because it…[Read more]
I read that link I think Terry posted in the commercial / finacial section re: Ato hot list.
Will be interesting to hear from you and your views on when Ed does his guess speaking. From the forumn here I have only heard positive.
One more thing, in your structure, is basically setup with a company & trust format ?
Sorry Red really should have done it in the one paste
Redwing thanks for your wealth of info, will look into the books & newletter.
I have a link you might want to check, you prob already know it. But I am new here as you can see
Cheers & have a good one
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