If they make a capital gain this may be deemed as income by centrelink and any pension payment might be affected. This ramification may not have been considered !

ask the bank for a ist of their panel valuers and pay for them to do a valuation and hope it is higher.

There is an good article on what to look for when selecting a quantity surveyor in April issue of Australian Property Investor magazine. I think it was April could have been March, it would be a good idea to check it out before investing in buying a copy at a newsagents.

Good views of coal and gas powered power stations. Traralgon has a paper mill that occasionally creates a noticable odor in the air. Excellent Hospital in Traralgon, Shopping centres in Traralgon and Morwell. Employment may be a problem as State Gov privatised SEC that used to provide a lot of employment and doesn’t provide as much now. Not sure…[Read more]

The stories usually involve you getting in your time machine and transporting yourself to the time when the people purchased their properties before the last property boom !

Start with buying a magazine called API – Australian Property Investor
In the back it has the information you are looking for.
Also the Land Valuers office in your state might have the land value data in Victoria they have 10 years of data..

Infrastructure!!! Echidna Infrastructure !!!! [strum] [strum]
The state government has entered into a private contract for the building of a Toll Road to link the Eastern Freeway with the Mornington Peninsula (Frankston)
Frankston also has a train line…
Frankston has a Hospital.
Frankston offers employment from Dandenong, Cranbourne, Frankston…[Read more]

I previously sold a property with a lease and the new owner was happy to receive rent until the lease expired. I would talk with the tenants offering to halve the rent while the disruption is going on and promise you are not going to hike up the rent because of the improvement and that you want to increase the sale price rather than the tenants rent.

maybe the local council could forward a letter for you to the owner

Why petrol increases inflation.
When the oil price increases so does the cost of paint. Paint is made from oil. Synthetic chemicals are made from oil. The food you buy has to be transported using diesel in a truck. Does the truck driver pay for the increased cost of the diesel or does the consumer have to pay more for the food. In the long run the…[Read more]

Another reason why interest rates going up controls inflation.
When our interest rate is lower than another country investors take their money out of australia and invest it in the other country. This movement of money affects the exchange rate and causes imported products to increase in price. As we purchase more imported products than we export…[Read more]

Having worked for 12 years and being passed over for promotion my thinking changed to I and B .( B is for business. )
Kay has a point about not enough workers. But we can always import them.
The government has shown that not having enough people to do a job is not a problem when providing Technical Schools wasn’t important 15 years ago. I cannot…[Read more]

Dr X.
Having read rich dad poor dad I see it from a different view. The people who complain about money are in the E Quadrant. This is the employee type of person. You on the other hand are in a different quadrant of thinking know as I . I is for investor the person that can see that we no longer live in an industrial work force but rather in an…[Read more]

If you are going to be a wrapee be careful .
What happens if you default in payments later on down the track?
You might end up losing all your payments depending on the wrap contract.
Usually a wraper sells the property above market value, so it will take a time to gain enough increase in value to cover the added profit margin in the purchase price.

Termites are on the rise even in Victoria. However a pest inspection may not find termites and you may not have any comeback. On TV they suggest a full report but read any fine print to see if there is a no liability clause protecting the inspection person.

What about using a ferret with a collar and string attached . They eat this sort of thing and probalby will clean up a body and leave only the bones.
Read this in a book – Ferrets eat rats, road kill, rabbits , chickens, ect
I haven’t tried this but I know the book recommended feeding road kill to ferrets.

ask your bank if they can issue a deposit bond. this is a financial instrument that the basically shows the auctioneer that the bank knows you are good for the money and will cover the deposit if you fail to. I haven’t done this myself it is from finance theory .

I think rexilla may be refering to the cost of borrowing which can be claimed over a certain time period. You need to check with an accountant. Also if you pay interest on the loan, council rates and water you can reduce your total income. If the interest and costs like insurance, rates, water are greater than the rent you can reduce other income…[Read more]

If the person borrowed money to do so improvements on the house they could also claim depreciation which would reduce their tax but it would reduce their cost base in regards to CGT at a later date when selling.

http://www.simplybudgets.com/
This was featured on one of the current affair programs a long time ago. I have no idea what it costs.