Forum Replies Created
Hi Anthony,
http://www.comsec.com.au/Public/InvestIn/InternationalShares.aspx
You setup a COMSEC account, and then setup an Internationl account. When you want to trade, you login to COMSEC, then login into International Shares and you can access the US and Hong Kong markets.
Hope this helps.
Can noone give me any information or advice? :o(
Is my post that boring?
Hey Wealth4life,
I'm not a property hater but like to invest in shares (as well as property). Berkshire Hathaway have shown consistent growth 20%+) for the last 15+ years, I think they are a safe bet. They do come at a cost though, about $4,000US for a class B share or $115,000 US for the class A share (30 times the value of the B share).
Become an international investor through Commsec and snap up a couple of these shares…
In regard to the local market, Industrea Limited could be a pretty good buy. They just released their end of year results and have shown 800% growth and have introduced a dividend. They have also shown a positive cash flow for the first time ever.
Just my input on the matter :o)
900 for me, got some more work to do!
Hi Boshy888,
I had my kitchen benchtop relaminated recently. It was an older style blue and white speckled benchtop with the rounder timber looking edge that was popular in the 80's. I removed it myself simply by undoing the screws and sliding it out. I had a cabinet maker take it away, square off the corners with ply and reliminate with a coco colured speckled laminate. They then returned the benchtop and put it back in place for me. This cost me about $800.
In regard to the splashback, I had already removed the tiles as I planned to retile in a deep burgundy tile anyhow so this wasn't considered, although I do think you could remove the benchtop without damaging the splashback too much with a little bit of care. If you cut the bottom silicon joining the benchtop and splashback, I don't see why it wouldn't remove without damaging anything. Worst case scenario, tiles are fairly easily replaced if you happen to break a few. The latest Handyman magazine from Bunnings has an article on doing this.
Hope this helps!
Hi Boshy888,
I had my kitchen benchtop relaminated recently. It was an older style blue and white speckled benchtop with the rounder timber looking edge that was popular in the 80's. I removed it myself simply by undoing the screws and sliding it out. I had a cabinet maker take it away, square off the corners with ply and reliminate with a coco colured speckled laminate. They then returned the benchtop and put it back in place for me. This cost me about $800.
In regard to the splashback, I had already removed the tiles as I planned to retile in a deep burgundy tile anyhow so this wasn't considered, although I do think you could remove the benchtop without damaging the splashback too much with a little bit of care. If you cut the bottom silicon joining the benchtop and splashback, I don't see why it wouldn't remove without damaging anything. Worst case scenario, tiles are fairly easily replaced if you happen to break a few. The latest Handyman magazine from Bunnings has an article on doing this.
Hope this helps!
Hey Guys,
Thanks for your comments.. Thinking about what you are saying and this will cause too many headaches; I was more brainstorming than offering a hard and fast solution. I thought it was a good idea at the time though!
Mortgage Hunter, didn't you know that Mitsubishi's don't break down? :o)
Hey Bez,
Do you have an interest only loan on the property? If you currently have a principal and interest loan, changing to interest only would decrease repayments and possibly move the property into the positive.
Also, how old is the unit? I am guessing it is reasonably old going by the price but you may still be able to depreciate some items to gain tax benefits that could also move the property into the positive.
Although you asked for other methods beside increasing rent, this always means more money in your pocket. It would be beneficial to increase the rent which can be achieved by presenting the property a little better, maybe by means of a new coat of paint, new handles on the cupboards, etc. You can go crazy with renos if you like but even small changes can sometimes make the property alot more appealing which in turn can allow you to demand more rent and maybe move the property into a positive geared investment.
I hope this at least gets you thinking..
Cheers,
Hi everyone,,
Have been a bit quiet on the posting front lately so thought i’d get in on this topic as I have had a very interesting year compared to most other years.
My wife and I lived in Brisbane in our PPOR and had 2 IP’s in North QLD. Sold the PPOR in December last year and realised a good capital gain having brought the 2 bedroom inner city unit just before the boom started. I then resigned from my 11 year stint at the IT company I was working for and moved 1000km north for a SEA CHANGE. Lease ended on one of our IP’s so moved in to do some slight reno’s and sell to realise the capital growth on the property which we also managed to buy before the mining boom up north. Other lease ended and moved into the other IP and am currently going hard renovating the property.
Made enough from the sale of the 2 places to pay off our new PPOR and have quite alot of cash left over which I have been using to buy/sell shares and relax a little from the whole loan thing we have relieved ourselves of. We are also constantly looking at property around the traps for anything that suits our strategy.
I have got a job as a sales rep now and am really enjoying the change of pace and lifestyle.
Crazy you may think to decrease our growth assets to get some cash but we are alot more relaxed now, do not suffer the same stress we did before, and the financial changes enabled me to change careers and try something else that I have always wanted to do without the worry of “what if I don’t like it, I have bills to pay” mentality.
That’s my year anyhow!
Cheers,
dannadsCheers
DannadsThanks Derek, yack and lifeX.
Property 2 was bought as a rental investment, but we have been fortunate to achieve substantial capital growth.
Property 3 is in the process of settling. Property 3 has been bought for capital gain, which we hope to enhance by adding a 4th bedroom and ensuite. We don’t think these renovations will take us above the market, however we will be above the median house price. Derek, I think we are suffering buyers’ remorse [blush2]
Thanks for the tip on the interest-only loan – this is definitely something we will now consider.
All of our properties are performing as desired (provided we do see capital growth on Property 3.) While we can service the loan and afford to renovate Property 3 at the moment, come June 2005 we hope to be in a situation where we can relocate to Mackay and reduce to one income. We want our investments to replace some of the shortfall in income associated with going from 2 to 1 salaries.
Thanks in advance for all your helpful advice – we really appreciate it.
Cheers
dannadsP.S I can’t believe how quickly Steve’s Brisbane Seminar sold out!! Steve, are there any spare tickets left??[cap]
Cheers
DannadsYeah Afloat, I’m keen to talk more about the UK.
Cheers
Dannadsguys, call me silly but what are the 999 year leases you talk about? [confused2]
I am very interested in this, the returns look awesome!
Cheers
DannadsHi All,
I am happily married and not at all sleazy but a guy at my work suggested that a topless hairdressers could be a good business venture!
May have some merit considering how boring it is staring at yourself when you’re getting a haircut!
Cheers
DannadsCheers
DannadsToowong, about 5 km from Brisbane CBD.
I live in Toowing and read the “West Side News”, a local paper covering topics of interest in this area, including The Gap. There is definitely a new road which they say will cut travel time down to 10 minutes from some parts opening in the new year sometime. The second page actually has an article on expected growth suburbs in 2004 and The Gap is highly rated.
Cheers
DannadsI have used Macrossan & Amiet there twice and they are very good. Sharon Chidley has looked after me both times and has been very helpful.
Hi Everyone
What’s the go here? My wife and I brought our unit 3 years ago and just refinanced the loan and moved banks. Does that mean we can claim a refund?[
]Cheers
DannadsGood morning,
This may seem like a dumb question, but how do non cash deductions work?
Cheers
Dannads
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