I have no advice to offer (sorry) but I’d love to have a look at the website once it’s set up. I think it’s a wonderful idea.
This could be a very much needed service especially if honesty and fairness are qualities you’re planning to offer.
It’s getting harder and harder to find CF+ properties, especially for people with children at home who live…[Read more]

I am certainly no expert (as everybody knows by now[]) but I thought may be, since you only need 7K for each townhouse’s improvement, could you not just take the equity out of just one of the townhouses instead of touching both of them (saving you establishment fees etc)?
And then, after the improvements, your value probably will have gone up so…[Read more]

Even if installing an airconditioner doesn’t add that much value, and only increases your rental income by less than you expect, it will certainly lower your vacancies.
Anyone in their right mind will prefer a nice airconditioned place rather than living in a stinking hot place.[^]

I have just 1 Matt, buy and hold.

Thanks people, I know now for next time![] I like the idea of having to use only 1 key for all locks.[^]
Regards Celivia

Thanks, I’d also be interested in seeing it.
My email is cvanzal@bigpond(dot)com(dot)au

YES Rachel I’m interested in more info, too. I sent you an email, so would love to hear from you.
[] Celivia
cvanzal@bigpond.comdotau

I’m not sure if the ING interest rate will increase exactly in line with the reserve bank increases. But the ING interest rate has been 4.75% for a long time until last week when it was increased to 5%. Personally I would have thought they would have increased it a bit more, say to 5.25% like Citibank.[]

I don’t have, don’t want, and never had a credit card in my life.[]

I have the St George’s multi-access card, so I can still use the credit facility when taking money out or buying something (through VISA), and I can only spend what I have available in my bankaccount.[]

It works very well for me, because I don’t like spending money if I don’t…[Read more]

The very best wishes and congratulations on the birth of your baby!
How many more babies are you planning in the next 3.5 years? [:0)]

Interesting, Joff!
About the body corp fees, is that $210 per quarter?

Does it still work out to be cf+, I suppose that must be only because of the depreciation.
Because if the buying price is $132 and rent is $160 pw it sounds like it is still -geared, or am I wrong?

If it works out to be cf+ I’d be certainly interested to find a unit like…[Read more]

When you rent your name is on the lease, and if you then sub-lease and the tenants are wrecking the place you will still be responsible for any damages ’cause you’re the one who signed the lease. This can turn really messy as I see it.

I agree with kkowalsk about the tenant screening process, I would never accept my tenant sub-leasing the…[Read more]

I agree Mortman, I don’t think you can get rich on the CG from these units!
Income growth is the only thing that they promise you can expect.

I wonder if in the near future with all the baby boomers growing older, it would be easier to borrow for these units as there would be much more demand.

On the other hand, there only may be demand if the…[Read more]

Thanks SIS I’ll look into this.[]

Great links, Peter, thanks. []I liked the article about project risk management, esp the little matrix, I’ll try it out soon!
Regards, Celivia

Quote from SIS: A good course i suggest you learn is “Risk Management”.

Hi SIS
From what you and Peter P say about this course, I’d be interested in doing it, but there’s nothing about a Risk Management course in the NSW TAFE handbook (2004).[?]
May be I just can’t find it, or they’re not including this course anymore. Shame![]
Was the acutual…[Read more]

Hi Lawry, do you mean the units you see advertised as Two for One? They usually sell for under $200K per 2 under one title? Which ones are you after? I looked into buying units from SunnyCove, also looked at the ELders ones.

I’d recommend to have an independent valuation done, because the valuation they provided was quite a bit higher than the…[Read more]

Prop, was sonst Sie auf Holländer ausgenommen Potverdomme sagen kann?

Thanks Mini this babelfish site is lots of fun!!! I added it to my favourites under Education[]
Ha ha nobody knows what I said, except may be prop?

Potverdomme Prop is saying this allowed on the forum? Otherwise we’re in trouble.

nderstandu nda peak es nlyo utch dee nda nglish ee ut bee a iny tee it bee o ef rench ef nda erman gee.
[:0)]

Dag xyzzy ik weet in Godsnaam niet waar dit over gaat, dus zullen we maar zeggen dat het over de huizenmarkt gaat en dat het erg interessant geweest zou zijn als we het hadden kunnen begrijpen. Liefs Celivia[]

Thanks Kay and others, I will thoroughly check this out. She’s also enrolled at Uni, believe it or not at Penrith if it will still be open.[xx(]
Celivia[]