Morning Newgen,

Awesome news! Congratulations, please accept my appologies for creating the doubt. I was going of the advice given to me (in WA – not sure if the regs are the same over here) and it is the reason why we didn’t get into an IP first. Perhaps we got the wrong info as well.
Again, my appologies for leading you astray.[blush2]

Cheers

C@34

Funny you should post this,

last night Sally (my wife) and I sat down and worked out a Budget! One that she could understand and work with. Much simpler than my usual efforts and, low-and-behold, there is an extra $649.00 each fortnight that we have managed to blow on who knows what![hmmm]

Payday tomorrow! Next payday it’s Bye-bye Credit Card!…[Read more]

Looking on the bright side (as such), you found out now and not when you needed the money after signing the conrtact.

Cheers

C@34

Thanx Simon,
it looks as though I might have been correct, sorry Newgen.

To be eligible:

At least one of the applicants must be an Australian citizen or have permanent residency in Australia.
None of the applicants must have previously owned a home anywhere in Australia.
Applicants must occupy the home purchased as their principal place of…[Read more]

Yea Big D,
Come to Hedland the fishings very good, and just to make sure that you catch fish I’ll put aside the things I want to do and be your giude and help you fish. Every-one knows that the more bait is in the water the more fish you atrackt (thats why they make burley!).
Just give me a call.

Cheers

C@34

Newgen,

I was led to believe it is the otherway. The FHOG is just that, to help people struggling to GET their FIRST HOME.

Please correct me if I’m wrong, but in my case where my wife and I have bought a house and filled in the application, it is quite specific. IS THIS THE FIRST HOUSE YOU OR YOUR PARTNER HAVE BOUGHT? HAS THIS HOUSE BEEN BOUGHT…[Read more]

Newgen,
regarding the FHOG, if property #2 is 95% in your name you might not be elegible for the FHOG!

Please include this in your calculations becuase you might end up with a red-faces moment!

Cheers

C@34

Hi Waynel2,

I can’t actually remember whether there were any rules as to where to start, so this’d be one of those common sense moments.

I would probably pick the easiest corner to start with, because it would give you some experience in cutting and laying so when you ge to the harder corners you already have some experience under your belt (so…[Read more]

Hi qwerty,
You said:
“Sal if you’re buying to hold then follow what Jan Somers says and that is it doesn’t matter when you buy, as you will pick up all the swings and roundabout over the long term”

Actually that’s not completely true. Jan does warn about buying around the time of a boom in her books!!!

I believe that Jan said to buy UNDER…[Read more]

AS long as I don’t have to clean up after you!
GOOD LUCK!!

and please do send photos, I’ve sent you an email so that if you can’t post them here you can send them thru and I can see what you have done. I feel like I’m part of this job, with out any of the dirty parts of it. Hehehe.

Cheers

C@34

Waynel2,

the only tile cutters I saw/cleaned were manual ones! If the electric can’t cut on the diagonal then hire it and buy or hire the manual one as well! This way you can do the manual cut on the diagonal and the rest, which is most likely the majority anyways, can be done on the electric tile cutter.

As for the scirting boards, they blend…[Read more]

Big A,

just curious I guess.

Cheers

C@34

Anubis,
did you ask why the difference?

Cheers

C@34

Yeah, I’m with Start on this one (don’t come up with much original stuff do I?),

I worked as a labourer for a tiler once (way back when I was a little boy) and the thing he used to tell me that people wanted always made him shake his head. “ People have no idea about continuity” he’d say. Well this is what I have learned:
1.Scirting boards ALWAYS…[Read more]

Hi waynel2,

Because I plan to do a fair bit of wood work – both in this house, and future IPs:), I’ve decided to go pick up a router:) I’ll be doing them this weekend – so I’ll let u know how I go:)

Way to go! I’ll do that too soon.

What’s the go… to people usually paint them before laying them? The skirting I’ve laid is the pre-paint…[Read more]

Hi DOm,
I concurr with Ms MO. You are never going to know exactly when the lowest price has been achieved, and like Shares, if you get on somewhere near the bottom of the price and get off (if you choose to) somewhere near the top of the price then you have won, no matter what! Some take more chances and others take less. And that’ll be reflected…[Read more]

Does it metter that I have a red gote? I am after all a very good looking blond!

Cheers

C@34

Just a quicky Steve,
in your last post above, you infer that any depreciation claimed is payable to the Tax man once the property is sold. Do I understand that correctly?

Cheers

C@34

Hi Leasmith,
In my experience it was thru the FHOG (first home owners grant), then I have an employer that wants to keep his employees (remote north WA) so they put in a few goodies and hey presto I jumped to the front of the que.
If you can’t use the FHOG, and you don’t have any equity or savings, then you might have to go for what is referred to…[Read more]

Hi Kay,
is API just for Eastern Staters? It gets somewhat monotonous to see magazines that cover all of australia (VIC, NSW and QLD), just lucky the rest of us pay enough taxes to keep those three states up and running, hey?

Sorry, sometimes my schitzo personalities get away from me. I should at least await your reply before I let loose the…[Read more]