I can second that!

originally posted by Don and Liz:
The biggest thing I have found to help with confidence is the experience of doing.

Once you think you have learned all there is and you try your hand, you discover how and what to put into practice. We had several goes at it, first few times we goofed and then it finally came together. Pitty…[Read more]

Thanx Derek,

I learn every day! Glad I didn’t rely on my logic![blush2]

Cheers

C@34

I used to work for a bank and any teller, sorry Custome Service Officer, that didn’t reffer or open directly an account was councelled.

Having siad that, our focus was on getting info to our managers to follow up on potential business/personal lending leads! So, yes, they do tend to focus on people that have loans as they make the bank money!…[Read more]

hkr,
logic (well mine anyways) would dictate that, as long as you only redrew the portion of the loan that you paid in surplus (as in paid surply is $100 and redraw is $100) the actual IP loan hasn’t changed in any way. therefore nothing changes in relation to Taxability reduction. PLEASE CORRECT ME IF I’M WRONG! It is almost like using an offset…[Read more]

Wow Pelican – I like your style, hope to be there someday!

I believe it was Jan Sommers that wrote “… it doesn’t matter if you by on a high or a low market, but I aim at buying at or below the median market price and hold for the long term….”
I like that theory (at this stage – I think we all go thru stages of different developments and…[Read more]

Well done Ripstar,

You haven’t mentioned anything about the Town where you bought it. Is it declining in population – do you know anything about it? This would be one thing that could turn it into a lemon.

RE: your tennants lease, find out from them what the reason is. It might be that they don’t know where they are at in regards to work or you…[Read more]

Interesting point, though:
A friend told me the expected life of a house is around 50 yrs

I must admit that I have never heard this before. How much fact is in that statement? Does any-one know?

I’d have thought that it would be a case-by-case basis. Our PPOR is 25yrs old and I’d hate to think it will only be viable for another 25 or so years…[Read more]

I’m with LifeX!

Go the whole job or risk loosing it all.

Attack the statement, NOT the person! Send each other PMs if you want to do that, leave us out of it!

[offtopic]

Cheers

C@34

I didn’t notice, so I’ll check mine.

What version do you have? If it gives you a version..

Shall get back to you.

Cheers

C@34

Hey,
wots it cost?
And why can’t you look this info up yourself, using most if not all of the helpful search hints mentioned on this website?

I haven’t used this sort of report, so I wont be able to give you any feedback, but these reports are usually expensive and may not give you that much more than you’d find on the internet. My opinion, and I…[Read more]

Cheers g. granland,

I am where you once were! This is going into my inspirational folder – yes foundation, it is unreasonable to expect the same CG, but it sure beats sitting there waiting for some-one to drop a million bucks into your lap!

Get up, search hard and do it! If you get knocked down – damn it, just get back up!

Cheers

C@34

We did a number of things:
1.Dissapointment therapy (“No you can’t have that today” – always put a time limit on it!);
2.We joined ASG (australian Scholaship Group) for forced savings for our children (nobody ever puts $5 away a week for their child!). We are saving for High School and Tertiary eduction so it gets a bit hairy at times;
3.We…[Read more]

You might get into trouble with licensing on that one.

Not sure though.

Cheers

C@34

How much?

How much is quite expensive? If it allows you to stay at home and not have to work?

WHere is this seminar held?

Cheers

C@34

Nads73,
welcome to the forum!
Know what you’re going thru! All my friends are ‘Not into that sort of thing!’ and ‘why spend so much money? You can’t take it with you you know!’, rarara…..

Find positive, investment minded people! They don’t all have to be loaded, but share the same passion as you. Bounce ideas of them and see what happens.…[Read more]

“right as rain” – ???

“Gay as a post” – appart from being offensive, why are posts gay (is that happy?)

“tight as a fishes bum” – ignor the spelling

the rest are too rude to put in writing!

Cheers

C@34

Hi Gmid,
I’m with g7 on this one! Especially if you’re just starting out and learning. This doesn’t mean you stop looking, of corse, but be carefull – not many seasoned investors (not talking about myself) are buying willy-nilly right now. The message I’m getting from them is to really really look at the numbers, and research, research,…[Read more]

I’m not sure you can get the FHOG AFTER buying a house, especially if you rent it out straight after buying it.

I believe, however, that the FHOG rules mean that you need to have moved into the house withing the first twelve months. So that means you could move in on day 365 of 365 and then you must live there for at least 6 months to still be…[Read more]

Shaztaz,
not to nock your input, but that template appears to be very limited! AND stating the highest price you’re willing to pay right up front – I can’t see how you can buy at the best price or negotiate for a lower price while declaring that; UNLESS you lie!

There is also very little (if any at all) room for conditions….

Just my…[Read more]

I believe this was covered in an earlier post.
Steve has a ‘Buyer Beware’ package that has a template in it and is a good educational tool to boot. Other than that, use a Solicitor! WA has forms printed an masse available at any newsagent or you can get them from the REAs. I do believe they are only valid in WA though!

Just some ideas to…[Read more]