Ternerd

There are a million threads about Derivex on this site. Do a search and you will be much better informed about the whole thing

markk
Happy Hunting
http://www.kentscollections.com

Hi Ian

I have always understood that the prices on the Bay Islands were reasonable but there doesn’t seem to be much chance of Capital gain there-they have been reasonable for years.

I think the reputations were tarnished a few yaesr ago when some RE agesnts were cauf=ght selling blocks that were only land at low tide.I hope your block is above…[Read more]

Hi Ian

I have always understood that the prices on the Bay Islands were reasonable but there doesn’t seem to be much chance of Capital gain there-they have been reasonable for years.

I think the reputations were tarnished a few yaesr ago when some RE agesnts were cauf=ght selling blocks that were only land at low tide.I hope your block is above…[Read more]

Hi Julian

The old Qld system uses
Volume xxx Folio xxx
but more often now you see
Lotxxx on RPxxx usually accompanied by a title reference number xxxxxxxx

If you are having trouble try these resource oroviders (taken from the DNR website, the deoartment which handles properties in…[Read more]

Originally posted by bruham:

The Manly rugby league club has a good hip and shoulder man in John Hopoate(Hoppa)available,as captain. He will put plenty of back bone into them.

Not for long I suspect-and good riddance

Go the Broncos

markk
Happy Hunting
http://www.kentscollections.com

Hey Chris

I just signed a deal to do the same but it is also my first so I can’t help you much but it sounds like you are looking in the right direction.

All i can suggest is that you put the terms in writing to the RE agent once you have made up your mind and cover all aspects in
the letter:
Offer
Deposit (make it enough to cover the agents…[Read more]

Ditto Yack

Draw your line in the sand now espescailly if you are the only one in the game and it sounds like it from the offer/counter offer scenario going on.

See if the agent chases you tomorrow-that will be a telling point.

You will know its value to you but limit it to that.

Good luck-let us know what happens

markk
Happy…[Read more]

You can always change your number and have it unlisted at that time (that way it should not make it to a mailing list)

OR get caller ID and bar the bad numbers or just don’t answer the “Private” numbers

markk
Happy Hunting
http://www.kentscollections.com

Just get an unlisted number. Had very few since we did that. Unless you are on some database which is being distributed (illegally under the Privacy legislation), they usually won’t get you

markk
Happy Hunting
http://www.kentscollections.com

Hi Anne

Where are you looking ? as the processes will vary from state to state

markk
Happy Hunting
http://www.kentscollections.com

Hdog (I don’t think we are related)

Welcome to the forum!!

If you search the threads there is plenty of input from some of the more knowledgable espescially about Trusts.

cheers

markk
Happy Hunting
http://www.kentscollections.com

jhopper

Just letting you guys feel good for a while. Hell, if the lions won EVERY final, you would all give up and go home[biggrin]

markk
Happy Hunting
http://www.kentscollections.com

Hi Collie

Generally accessing the equity is by refinancing your current loan either with your current lender or through another You obviously need to know that the property will actually value up enough ( a real estate assessment is not the same as a valuers valuation) and then if you qualify financially, ie the bank is happy you can repay the…[Read more]

Actually I remember Steve canvassing this area briefly in one of his books. So am I to understand that if I (using eeshole’s example) sell a property for $150,000 that I purchased for $100,000 (forgetting the 12 month 50% tax allowance for a moment) then I pay tax on the $50000 profit. If in the meantime I have obtained depreciation allowances…[Read more]

Hey jhopper

Sorry it took so long to respond but I was cooling off.

Lets wait for the fateful day in September-then we will see what happens to EVERY team who plays the Lions

cheers[biggrin]

markk
Happy Hunting
http://www.kentscollections.com

I thought the whole take on the positive cashflow thing was that it would in time replace your “normal income earning job”. That being said, if you do not have another income against which you can claim deductions then surely if income (rent) less expenses (rates, interest etc) gives you a negative figure you have negative gearing. All that makes…[Read more]

I know this upsets some of you Mexicans-but go the Brisbane Lions

markk
Happy Hunting
http://www.kentscollections.com

Hi Bwendan

To keep it simple-pos cashflow (Steve’s idea) occurs when the income from the property (eg rent) over a period (say 12 months) actually exceeds the outgoings on the property (interest, rates, insurance etc)

Pos Gearing is usually a “paper” gain. The rental income is actually less than the outgoings but you then take into account…[Read more]

How’s that saying go? if it’s too good to be true it probably is!

Greed is a powerful force

That’s two long and involved posts that say little more than words.

Hey Getting There-bring it on. I would just love you make me eat my words.

markk
Happy Hunting
http://www.kentscollections.com

If it is a deposit on a purchase, it depends on the terms of the contract. Usually it will go to a solicitor or the RE agent.

Why do you want an accountant to hold it?

markk
Happy Hunting
http://www.kentscollections.com