Hi jcso,

Use Private Message for info like that (unless Sasha is happy for his phone number to be made public),

Benny

Well, there are two more weeks before the RBA meets for cucumber sandwiches, strawberries and cream, and Moet.  Ahead of that, I hope they get to think long and hard about this quote:-

Let’s hope interest rates stay at record lows – with today’s house prices, it’ll only take a relatively modest increase in interest rates for mortgage payments…

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Well I thought that last post was exciting – but what, no other takers?   Wow !!   I’m quite surprised……

Well I thought it was exciting – but what, no other takers?   Wow !!   I’m quite surprised……

Our Admin chap has fixed the problem, so if YOU were having problems registering your book purchase, do go back to the Home Page (below the Training Centre data) and click the link.   It is working again.

Or just click on this link – it’ll take you straight there :-

https://www.propertyinvesting.com/store/0-130-properties-revised/register/

Benny

Hi Berm,

Thanks for that – I just tried myself and it appears to be a mis-directed link.  Having someone take a look.  I’ll reply again in here once fixed,

Benny

No worries Troy.  Was that link worthwhile in some way?   I know it was not a direct help, as you are looking at buying a PPOR anew.

How did things go from your perspective?  Did you go ahead with drawing a loan against the IP?   It should have been a SEPARATE loan and not just an increase of any existing loan (to keep deductible and non-d…[Read more]

Hi John,

Not such good news from Chris there….  Now it seems to me you are left with “running the numbers”.

First off, do you have tenants in place?  If so, what is happening to them while repairs are carried out?  Are they OK to stay there while such massive repairs are undertaken?  If not, then what are their options?   Look too at the likel…[Read more]

Hi John,

That sounds bloody awful.  Thinking further from Steve’s and your words, I was wondering just where “strata” begins and ends.  e.g. Is your strata the box that encompasses your unit?  And does that go below floor level?  See to me (a layman) I would have thought that the BC should be responsible for the Structure of the building.  And…[Read more]

Hi Daeheon,

Congratulations for taking that first step on the path to property investing.  Did you have a goal re “How much to earn from our first property to enable us to grow?” or was it more like “Just get a foot onto the property ladder?”  Whichever it was, you have made that first step, so that is worth celebrating.

Do you care to share s…[Read more]

Hi Daeheon,

Congratulations for taking that first step on the path to proerty investing.  Did you have a goal re “How much to earn from our first property to enable us to grow?” or was it more like “Just get a foot onto the property ladder?”  Whichever it was, you have made that first step, so that is worth celebrating.

Do you care to share s…[Read more]

Hi Charlie,

Steve asked me to let you know he recommends Mark Unwin.  He is based in the North-East of Melbourne :-

https://www.mjua.com.au/

Benny

Wow !!   Where has THIS been hiding?

I was fortunate enough today to stumble over a dissertation from two stalwarts of common sense – Bjorn Lomborg and Jordan Peterson.  And, following on from Bjorn’s comment in my last post:-

“Instead of pouring Billions into subsidising infant technologies that are not cheap, we would be better advised to turn…

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Well, well, well !!   Out of interest, I went searching for a history of house prices over time in Australia.   The article also compared wages vs cost of housing, taking into account inflation and prevailing interest rates.  The data went from 1970 to 2020.   The results were (to me at least) a little surprising.  One take-away from the article…[Read more]

Well, well, well !!   Out of interest, I went searching for a history of house prices over time in Australia.   The article also compared wages vs cost of housing, taking into account inflation and prevailing interest rates.  The data went from 1970 to 2020.   The results were (to me at least) a little surprising.  One take-away from the article…[Read more]

Hi Charlie,

Check out the “Training Centre” on the Home Page.  There are hundreds of articles about all aspects of property investing.  They are broken down into categories (e.g. Buying, Selling, Renovating, etc) so you might be interested in those to do with Buying.

Other than that, in a nutshell there are plenty of variables to c…[Read more]

Hi Charlie,

  So the question I am asking is, can the revenue of a business be recycled using trusts?

I thought Chapter 9 covered that bit quite well….  Or was your question a bit more broader than the book covered?  Maybe change the question if it needs to be more definite in its focus.

And also will the banks lend money based on the revenue of…

[Read more]

I heard on the radio this morning that Chris Bowen commented something like this – “With power prices having lifted 36% we must assist families who are doing it tough”.

Hmm – how about the families with a 120% lift in Mortgage Interest costs, Chris?  What does Labor have for them?   I haven’t heard of that “RBA Review” happening either – isn’t it…[Read more]

I heard on the radio this morning that Chris Bowen commented something like this – “With power prices having lifted 36% we must assist families who are doing it tough”.

Hmm – how about the families with a 120% lift in Mortgage Interest costs, Chris?  What does Labor have for them?   I haven’t heard of that “RBA Review” happening either – isn’t it…[Read more]