Setmefree, thanks for your opinion of the residex reports. I was wondering how good these reports really are.

Re:how does one know how much a place will rent for if it is owner occupied.

Well as you say you’d have to find out what other places are renting for.
I usually go to realestate.com or domain.com to check for rents in the area, for the…[Read more]

Thank you, Kay, these are very interesting links.
As always, you put a lot of effort into your posts, appreciate it.

Celivia

Originally posted by robyn lee:
Bit unusual but seems to be full 85% of the time with long term and short term tenants. It is out west and currently 100% tenanted. We would have to get a manager in to manager these units. Anyone have any comments? Robyn lee
rwahry

SO if it is 85% of the time full, it must be 15% of the time vacant. That’s…[Read more]

Awww Pelicaninvestments, I think your avator is cute, leave him!!!
It can still be a pelican…he just dressed up as a duck- for fun!
AN he doesn’t say quack, quack, but DOH DOH. How’s that, will ya leave him be now???

Celivia

Chickadee, there is no right or wrong answer in cases like this, it depends on what you value most.

In our case, we decided to buy our PPOR first when my daughter was 2 and I was pregnant again. THe reason for us was, that we wanted stability for the kids- it can be upsetting and costly too, to have to keep moving, we’d had enough of that.…[Read more]

Originally posted by fjficm:
I have recently been recommended a QS in Frankston with the initials N.G.

He reassured me that even if a residential property was built before 1985, building depreciation can still be claimed.

The slab was put on and the house finished in 1984

… but kept saying it was no problems in the past and that 40 years on…[Read more]

1 PPoR, 1 neg
still only 46 [biggrin]
10 months investing

Celivia

Congratulations Wallflower, you have gained recognition! [biggrin]

Celivia

If you wanna find out, pm me and I’ll tell you.
Hehe.[biggrin]

PM me = Private message me (by clicking the PM button underneath someone’s post, or by using the Private message option on the menu on the left of the screen.
Good luck!

Celivia

Hi Felicity, try a search on Victor Ollis, there was a lot of conversation about him on here a few months back.

Celivia

Hi Milly.
I agree that I don’t have problems with not all tenants names being on the lease.
In my IP, the woman’s name is on the lease. She has two children from her ex husband.
Her boyfriend moved in at the same time she did.
I don’t see that as a problem.

The boyfriend now has asked (via my PM) if I’m OK with it if he makes a connection in the…[Read more]

A contract to buy and sell a property at fixed price for a certain period…say 7 years. And an agreed “guaranteed” fixed income for the investor for the seven year period.

The Investor purchases the property from the market with a 10% deposit and then uses the property to get a 90% loan.

The Third party find a Buyer/Tenant to live in the…[Read more]

[sealed]

Celivia

Well MA maybe it is a big call and yes I dunno you, but I don’t know where you wanna go here.
Do you expect me to detail everything I have ever spent on the kids, and will spend? Because you’ll understand that I don’t wanna go there!

All I know is, as Yack says, it costs a hell of a lot to raise kids, house them, feed them, cloth them (a new…[Read more]

MA.
You have no idea how much it costs to raise kids!
Entertaining a yuppy would be peanuts compared to raising a family![biggrin]

Celivia

And has anyone here ever offered a ridiculously low amount for something they don’t really want which is eventually accepted???

No I haven’t.
I dont’ really think of buying things I don’t want.
I only buy things that I want in my life, and it hasn’t really occurred to me to make offers on things I don’t want. Maybe I have no good business sense,…[Read more]

Awww Yack you sound like such a loving father!
I agree that these family ties are extremely important. ANd it certainly is a full time job, looking after little kids and a household.

Before I had kids I used to have many different jobs, from office work, to working in retail shops, to cleaning, to working with elderly people, to being a…[Read more]

Yes a fair price should be a win/win- where both parties are willing to trade/negotiate but neither of them should be so anxious that they would overlook any ‘normal’ considerations.
Both should be happy with the price, in the end.

ANd the value of land is set by supply and demand, of course. THe value will always be influenced by how desirable a…[Read more]

Originally posted by The Mortgage Adviser:
If it wasn’t for workers, think how the situation would be then?

Kids grow up and become workers.

If everyone was having kids, what do YOU think would happen to property prices and vacancy rates.

If nobody was having kids, what do YOU think would happen to mortgage advisers?

Hehe Rob, just having…[Read more]

YAY exciting! Now kids have somewhere to wipe their sticky fingers on – the touch mouse surface pad! [biggrin]

I haven’t looked in McDonalds for ages, we normally use the drivethrough when we get Maccas.
Worth to get out next time and have a peek!
[glasses]

Celivia