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Viewing 18 posts - 1 through 18 (of 18 total)
  • Profile photo of BorisSBorisS
    Participant
    @boriss
    Join Date: 2003
    Post Count: 20

    Hi Jacqui,

    You might also want to look at predicted population growth in the area, general population statistics.

    As you probably know by now, demand drives the property values up. Obviously suburbs with better
    population growth will do better generally.

    Look at the age of population too as it can help to determine a type of accomodation that will be required in the future.

    Boris

    “Follow your dream. Kick butt!”

    Profile photo of BorisSBorisS
    Participant
    @boriss
    Join Date: 2003
    Post Count: 20

    “Clauses made simple” by Rob Balanda.

    I’ve found it quite useful.

    Boris

    “no pain, no gain!”

    Profile photo of BorisSBorisS
    Participant
    @boriss
    Join Date: 2003
    Post Count: 20

    Hi Joel,

    One of the approaches to predict good capital
    growth is to look at the historical figures
    for a given area. If that area consistently
    performed well over decades, chances are it
    will continue to do so in the future.

    There is no one single source of information.
    You can buy propery reports from http://www.homepriceguide.com.au/ as a starting point.

    Good luck,

    Boris

    “no pain, no gain!”

    Profile photo of BorisSBorisS
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    @boriss
    Join Date: 2003
    Post Count: 20

    Thank you Sharon.

    It makes sense.

    Boris

    “no pain, no gain!”

    Profile photo of BorisSBorisS
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    @boriss
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    Thank you Terryw!

    I take your point.

    I’ll try to suss out smaller lenders. [suave2]

    Boris

    “no pain, no gain!”

    Profile photo of BorisSBorisS
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    @boriss
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    Thank you everybody for their input!

    Boris

    “no pain, no gain!”

    Profile photo of BorisSBorisS
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    @boriss
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    Thank you Betty!

    I might use the same valuer as the banks do.

    Boris

    “no pain, no gain!”

    Profile photo of BorisSBorisS
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    @boriss
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    Thanks for that Michael.

    I wonder whether valuer fees are tax deductable as well?

    Boris

    “no pain, no gain!”

    Profile photo of BorisSBorisS
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    @boriss
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    Thank you Andrew!

    That makes sense.

    Boris

    “no pain, no gain!”

    Profile photo of BorisSBorisS
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    @boriss
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    Terry,

    You are right about re-doing the loan in the name of the new trustee.

    However, in regards to the first sentence, I think it might only happen when beneficiaries change not trustees ?

    Boris

    “no pain, no gain!”

    Profile photo of BorisSBorisS
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    @boriss
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    Thank you Steve.

    I think so too and hope for the best.

    Boris[8D]

    “A good accountant is the one that on question how much is 2×2 answers how much do you want it to be?”

    Profile photo of BorisSBorisS
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    @boriss
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    Hi Terry,

    During this 6 year period when you can sell
    your previous home without attracting CGT
    can you claim house and fixtures depriciation ?

    Boris

    Profile photo of BorisSBorisS
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    @boriss
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    Thank you guys! I feel I’m not alone in this world now.[:)]

    Recently,

    I’ve started scanning all the property related documents so I can

    1) have a backup copy and
    2) everything is stored in one place with an easy access to it (enough of going through numerous folders!)

    Boris

    “A good accountant is the one that on question how much is 2×2 answers how much do you want it to be?”

    Profile photo of BorisSBorisS
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    @boriss
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    Thank you very much for your feedback.
    I had thoughts along the same lines.

    Boris

    “A good accountant is the one that on question how much is 2×2 answers how much do you want it to be?”

    Profile photo of BorisSBorisS
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    @boriss
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    I’ve used BMT & Assoc. in Melbourne. They charge $660 GST inclusive, I’ve been quite happy with their report.

    Boris

    “A good accountant is the one that on question how much is 2×2 answers how much do you want it to be?”

    Profile photo of BorisSBorisS
    Participant
    @boriss
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    Hi Paul,

    Not a long time ago I’ve read a book called “The Sales Dog” by one of the friends of Robert Kyosaki. I’ve found the book to be a great source of behaviorial patterns of sales people in general. The book puts a funny prospective to it.
    Every time I go and meet a real estate agent I subconsiously give them a tag. Some agents are like pitbulls. They look at you as you are their dinner. They always have an answer for everything
    and tell about their great experiences and that that crack in the wall that appear all around the house sometimes half an inch wide, is nothing to worry about.
    Anyway, if you treat this experience with a bit of humor it helps to deal with their crowd.

    Had to put my 2c worth.

    Boris

    “A good accountant is the one that on question how much is 2×2 answers how much do you want it to be?”

    Profile photo of BorisSBorisS
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    @boriss
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    Hi Entrepreneur,

    “Out of the jewel box comes …”

    I’ve found this website sometime ago. You can do
    a title search there for a small fee and even
    morgage details of the owner.

    http://www.landata.vic.gov.au/landata/landchannel/body.asp

    Good luck [;)]

    Boris

    A good accountant is the one that on question how much is 2×2 answers how much do you want it to be?

    Profile photo of BorisSBorisS
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    @boriss
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    Can somebody recommend good depriciation specialists?

    Thanks in advance

Viewing 18 posts - 1 through 18 (of 18 total)