Total Members: 158,284

Battleships

  • Battleships replied to the topic Is my idea to develop a good idea or bad idea? in the forum Value Adding 16 years, 4 months ago

    Hi DeeJust an expansion on something crj mentioned. An excellent way going forward is to develop at least five solutions BEFORE you evaluate any of them. The question you have asked about "is it good or bad" is not a bad question but really a better question is " Is it the best solution you can come up with?" Why not think up some others to…[Read more]

  • Battleships replied to the topic Land Value in the forum General Property 16 years, 4 months ago

    Hi JohnThe first and most obvious way is to find a similar (in size and location) block of land without a house on it. I suggest realestate.com.au but remember the asking price is likely to be higher than the eventual sale price. If you have access to better data eg http://www.pdslive.com.au you can get a good idea by comparing properties. Mathematically…[Read more]

  • Battleships replied to the topic I need help to get off to a good start!! in the forum Help Needed! 16 years, 7 months ago

    Hi CameronJust a couple of quick notes. 1)  I don't know Richard and am not associated in any way except that I've seen his advice on the forums for several years now and I can tell you he knows his stuff and is usually willing to share.2) I'm not sure what you mean by "I got well screwed by the bank" but every deal can be renegotiated- get…[Read more]

  • Hi HoloHere's another strategy you may wish to try- I can't tell if it's any good for you but you should be able to tell:-Keep everythingRent out your current PPORRent a place to live- maybe even try a few to ensure you like where you go before you buy in againCheers

  • Hi holoJust adding to propertypower's comment- you need to be a bit careful how you change the balance since just borrowing more on your IPs to pay down your PPOR debt would usually NOT make the interest deductible.Cheers

  • Battleships replied to the topic Tax implications? in the forum Legal & Accounting 18 years ago

    You’re welcome Jenny

    Glad I could help.

    Cheers
    [exhappy]

  • Battleships replied to the topic Tax implications? in the forum No Subject 18 years ago

    Hi Julie

    These booklets may help
    http://www.bantacs.com.au/booklets.php
    I haven’t looked for a while but BANTACS used to contribute to this forum

    Cheers
    [exhappy]

  • Battleships replied to the topic good deal or a bad deal in the forum Help Needed! 18 years ago

    Hi Tamtam

    It is inherent in the previous replies but may not be obvious to you that “government subsidised ” is NOT the same as ” government guaranteed”- I suspect that if you have vacancies you will not receive rent- ie the government does not guarantee the rent at all like they do in say Defence Force homes.

    Hope this helps
    Cheers
    [exhappy]

  • Battleships replied to the topic capital gains tax/ Finance in the forum Help Needed! 18 years ago

    Ally

    I suggest you talk to a solicitor – if the contract is currently as you say and you transfer to a nominee you may be up for double stamp duty. If your vendor is willing you may be able to replace the contract with a new one that has the final names you want on.

    Hope this helps
    Cheers
    [exhappy]

  • Battleships replied to the topic Valuer V Valuer in the forum General Property 18 years ago

    Hi All

    I’ve seen valuations in a flat market where listed in the comparative sales is the subject property a few months earlier at hundreds of thousands less.

    All valuations are not the same.

    Cheers
    [exhappy]

  • Battleships replied to the topic titles? in the forum Value Adding 18 years ago

    Hi Gavin

    You can ignore my first post – it was about Company title. Ups.

    Cheers

  • Battleships replied to the topic titles? in the forum Value Adding 18 years ago

    Hi Gavin
    This might help

    http://www.lsc.sa.gov.au/pamphlets/strata_and_community_titles.doc

    Cheers
    Battleships
    [exhappy]

  • Battleships replied to the topic can someone explain this???? in the forum No Subject 18 years ago

    Hi Tamtam

    If your $20 per week is a margin above the variable interest rates as it is with wraps- your $20 is not affected except that your client will have more to pay so you will be more susceptible to walkouts.
    To do these takes a bit more than just casual observing and it also needs the right market conditions- but as Steve has proven it can…[Read more]

  • Battleships replied to the topic Council Development Guidelines in the forum Value Adding 18 years ago

    Hi Sparky

    I would think a town planner would be your first port of call for a DA- either a paid one or you can probably get some insights from the council’s planning dept if they are big enough to have one.

    hope this helps
    Cheers
    [exhappy]

  • Battleships replied to the topic Tenant wont pay rent – how to evict?? in the forum Help Needed! 18 years, 1 month ago

    Hi Danny

    It’s a bit late now but there are alternatives to just using the big stick approach. ie good management
    eg inexpensive incentives
    eg employment and contact details being kept up to date
    eg Landlord insurance
    Maybe they would like to pay a little extra each week now so if they get in trouble again it will be covered for a while?
    Hope this…[Read more]

  • Battleships replied to the topic titles? in the forum Value Adding 18 years, 1 month ago

    Hi Gavin
    My guess LTO= Local Titles Office.
    Some thouughts on title- Community titles (I think)are linked- you can control who your neighbours are..- could be an advantage-BUT your neighbour can decide who you can sell to also.
    Hope this helps
    Cheers

  • Battleships replied to the topic Developers Calculator see online now in the forum Value Adding 18 years, 1 month ago

    Hi Jaffasoft

    I know it was mentioned previously- however the most significant omission I think is the GST in and out-it is a make or break item- some of the others are costs etc but not critical.
    Cheers

  • Battleships replied to the topic Financial advisor in the forum Heads Up! 18 years, 2 months ago

    Hi
    One you might try is Destiny Financial Solutions which is associated with Margaret Lomas. They certainly have a property focus. Ask for Nigel. I can’t recommend them only because I haven’t used them – Margaret certainly seems to know what she is talking about and backs it up with her actions.
    Cheers
    [biggrin]

  • Battleships replied to the topic Loan Mortgage Insurance- What cost? in the forum Help Needed! 18 years, 5 months ago

    Thanks all for your contributions and advice.
    The total was just under $300K and I paid 2.42% so that seems ok

    Cheers
    [biggrin]

  • Battleships replied to the topic 101 Plus Penny pinching R/E Tips in the forum General Property 18 years, 5 months ago

    Hi all

    Another site with lots of various money saving tips (and a free newsletter)is
    http://www.cheapskates.com.au

    Cheers
    [biggrin]

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