In an attempt to use “what’s out there” (i.e. you can check it out yourself) I dug around in a pile of “climate change facts” as ranked by Google and found something that I think is – a. balanced,  b. fair,  c. easy to take in, and d. providing an alternate view to the current alarmism around the c…[Read more]

In an attempt to use “what’s out there” (i.e. you can check it out yourself) I dug around in a pile of “climate change facts” as ranked by Google and found something that I think is – a. balanced,  b. fair,  c. easy to take in, and d. providing an alternate view to the current alarmism around the c…[Read more]

Suddenly we are seeing a “hotter than before” series of temperatures – the climate has dried out certainly, with a major drought having a marked impact on our farmers, and will thus bring higher prices for foods in the next few months.

The current bushfires are playing their part now too – like, when you have an uncontrolled (and uncontrollable)…[Read more]

My concern grows as folk (no doubt sincere in their intentions) are encouraged to rally in large numbers to disrupt our economy – blocking streets and bridges in our capitals to “make a point” about climate change. And now we have those who point to our recent bush fires as being CAUSED by Climate Change….

Now wait a minute !! Who was it…[Read more]

Another week has gone by now, and virtually all servos have followed their brethren to their current highs (around $1.70). But, using that website, one servo is easily identified in my area that has not lifted. Thus, I can top up at $1.41 saving nearly 30c a litre. Without using the website, I wouldn’t have known, as they are on a road I don’t…[Read more]

Another week has gone by now, and virtually all servos have followed their brethren to their current highs (around $1.70). But, using that website, one servo is easily identified in my area that has not lifted. Thus, I can top up at $1.41 saving nearly 30c a litre. Without using the website, I wouldn’t have known, as they are on a road I don’t…[Read more]

Hi Tom,
Wow – you certainly found a way to make it work for you and yours. More power to both of you for that great example.

What does Steve say often – “Success comes from doing things differently” and you seem to have that nailed. :)

Benny

Hi Tom,

Using a similar process it may be helpful for investors to determine a net worth $ goal and a date of achievement and then work out how much per day need to be invested/saved to achieve the goal, and then set about building a portfolio of assets to get there.

That is a great thought – I think it needs a little tweaking though as it is…[Read more]

Hi Tom,

Using a similar process it may be helpful for investors to determine a net worth $ goal and a date of achievement and then work out how much per day need to be invested/saved to achieve the goal, and then set about building a portfolio of assets to get there.

That is a great thought – I think it needs a little tweaking though as it is…[Read more]

Cool. So two self-contained units – one up, one down. Depending just where in Sunnybank you are, there may well be a need for doctors and nursing staff to rent nearby to the QE2 Hospital. Have you approached them to see how they are situated re “temporary accommodation”? Maybe QE2 might like to buy it – or, at least, they might show an…[Read more]

Hi PBP,
Sounds good, but a bit of clarification please…

I feel the property would appeal more to a buyer of rooming houses (rooms upstairs and downstairs with own kitchen and bathroom).

Does each ROOM have these, or does each area (upstairs and downstairs) have separate kitchen and bathroom? If the former is true, this sounds like it is…[Read more]

Hi Anae,
After a bit of thought, I think this needs a heap more info before one could answer sensibly – here’s why…. First let’s put some numbers around this scenario – these are a guess, and maybe nowhere near your own numbers:-

Example: You have a house worth $500k, with a mortgage of $400k, and Rental Income of $500/week ($26k pa).…[Read more]

Hi PG,
$160k sounds low to me for a townhouse. What’s its condition, ‘cos a quick look at Woodridge’s median values over 5 years tell me it should be fetching more today. Add to that, Bne’s prices have languished these last few years while Mel and Syd screamed up. Bne missed out – is it yet to run up a bit as everyone gets priced out of Mel…[Read more]

Hi Runnyman,
One issue that caught me some years ago (going 50:50 with another person) had my Bank “deeming” that each of us was to receive HALF of any rent, and yet each one of us was “jointly and separately liable for the WHOLE loan amount”. Killed it when going for further finance….

I suspect your situation may have at least that one…[Read more]

Hi Cal,
There’s quite a bit to it – I suggest you get in front of a qualified adviser before going ahead with this. In a nutshell, there might be better ways…..

I’ve estimated that expenses relating to the investment are roughly $15K annually (inc. loan interest payments). Does this mean that $15K is taken off my tax bill?

The short a…[Read more]

Hi Cal,
There’s quite a bit to it – I suggest you get in front of a qualified adviser before going ahead with this. In a nutshell, there might be better ways…..

I’ve estimated that expenses relating to the investment are roughly $15K annually (inc. loan interest payments). Does this mean that $15K is taken off my tax bill?

The short a…[Read more]

Hi bb,
>>> “I will have tip in about $50k for the refinance to occur. I do have the cash to do this and it would bring it back to cashflow neutral on a P&I basis (Never again will I use an interest only loan) but will tie this cash up until I sell.”

One other option would be to put the $50k you have available in an Offset account against that…[Read more]