Thanks, The Wild One, I do like playing games )

TO answer your question: Yes I do allow my tenants to have (small) pets- if they pay for all damages the pet may cause.

My question:On becoming a pensioner, would you think of having a reverse mortgage- how risky do you think they are?

Celivia

Funny, Shawn![biggrin]
We may not retire before the age of 100 or 110!
This gives us lots of time to build up our superb super!

Imagine if everybody quit smoking and eating hamburgers!
How long will we live then? 150…160?
We might not retire until 130!

Imagine everybody starts to exercise regularly!
Will we retire at 150?

By that time medical…[Read more]

Hi Yasmina- you have been given so many good ideas already. I don’t really have a better idea, so I’ll just tell you what I would ‘probably’ do.

The most important thing for you seems to be that you want to work less and to make things easier for yourself.

So, what would I do? Hmmm, I think I find it more difficult than you to decide what I…[Read more]

Hehe, yes, so he can be called a “Master Professor” at the Trump “University”![laughing]

Celivia

Yes, you are right, it can certainly be worth to have a schedule done. I have an investment property that was built in 1930. I had a depreciation schedule done and I can still claim about $7000 a year- this is for some renovations, fittings etc.

If you can get hold of him, discuss this with Depreciator, who is a forum member. He is very…[Read more]

Awwww jpmonty, I wish you the strength to ‘take the plunge’. It may not be easy, but at least you have now realised that something needs to change.

Many people have a good balance- they love their jobs; it satisfies them. And to be fair, we all need to make money. $$$
The only difficult thing for some people is finding the right balance.

If you…[Read more]

Yes, work can take over our lives if we are not careful… our economic view can get so deeply involved into the perspective of supply and demand that there is not much room left for other values.
Economic values can creep into every nook and cranny of a community’s life, e.g. health, transport, education and very close to you- your family a…[Read more]

[laughing]Hilarious[laughing]

I finally see the point in going to a seminar!

Celivia

Yes, I agree, Redwing- if you use clauses in the correct way you do not lose your deposit as a buyer.

But what I am concerned about are not the clauses, they are just part of the process, and are fair and sensible; what concerns me is what can potentially happen after the cooling off-period if there is a $1 deposit…

Is this a buyer who is not…[Read more]

Congratulations

Keep on [aacool] dazzling [aacool] us with your great knowledge!

Celivia

Redwing,
yes I do realise that the deposit sits in a REA trust account, but isn’t the point of a 10% deposit a security thing- to protect the vendor (and cost of REA etc)if the buyer suddenly changes his mind after the cooling off period?

By then the vendor has probably taken the property off the market for example and has some solicitor’s costs…[Read more]

“What type of vehicle do you have?”

Oh I don’t want to boast, but I have a few types, in all different colours and shapes. And I have 2 of each.

Some are flashy, speedy and sleek, some are cute, some are sensible….

….I am talking Reeboks, sneakers and Hushpuppies here, hehe.[biggrin] [upsidedown]

Oh BTW and I drive around in a 2001…[Read more]

I have been reading all of your posts with interest since I do not know much about Graig Turnbull.
That’s why I like to read a range of differing opinions about him.

I do not see that any of the posts should be called derogatory, as people merely gave their opinion based on their first (or 2nd, 3rd, hehe) impression. Everybody is entitled to…[Read more]

I think it is written in our lease that replacing washers in taps is the tenant’s responsibility.

When we rented, (3 different properties) we also always were required to replace the washers ourselves.

Celivia

I guess that all the Stepford wives voted for it?

Celivia

Hi Yack.
Yes, we got our certificate of title from our PPoR about 2 years ago- it was so good to see and hold it!
But then when we organised our LOC, it was snatched back from us- sigh.

Celivia

Originally posted by rabprop:
We are about to purchase a principal residence.

Well, I just think it is a little different when you are looking for a home to live in and love.
I think that you, if you really love the house and neighbourhood and it is what you want, will be happy to pay market price for it.
Just try to find out what other, similar…[Read more]

Welcome, Rich, thanks for offering your services here!

Dazzling, that’s messy! It looks like your property manager didn’t check out these tenants- I assume that this is not the first house where they act like this and they must have a bad record, I’d have thought. How did they get through the checks?

Hehe Hmackay, maybe build 4 walls around the…[Read more]

Have a look on their website.
http://www.investorschoiceinc.com.au/index.html

On first sight they don’t sound too original…

..”if you give a person a fish it will feed them for a day, but if you can teach that person to fish they can feed themselves for a lifetime…”[sleepy]

“…giving people the confidence to move outside their comfort…[Read more]

Batts, I think I am more of a novice than you are, and I am confused, too, when it comes to lease-options.

I am asking questions because I am mainly puzzled about the ambiguity/ethicality of using a lease option.
What I mean, for example, is:
How can the option seller (writer) say:
“The tenant should be made responsible for maintenance, rates and…[Read more]