I have also heard of no spend months etc where you try not to spend money for a month! I went to the supermarket yesterday and broccoli was $6 kg. Inflation? Price gouging? Supply and demand?My opinion is that the correction is still a little way off (for Melbourne) maybe in the next year. I think the government issues are keeping anything from…[Read more]

Yeah my V8 guzzler loves that petrol!But this makes me think that higher fuel costs will fuel (scuse the pun) market demand for residential property that is close to amenity. Rate drops might encourage a few who have been diddling around to get in to the market and lock in a fixed rate.But cars are a good investment …… right ;PCheersD

I'm waiting for Westpac and ANZ to do their thing. Imagine how many extra dollars a delay in dropping the rate brings in D

Cut back on groceries to pay mortgages – what a great idea. Hear me out, firstly, obesity epidemic, might reduce that. Secondly food wastage. We've cut back on junk, basically quit drinking alcohol, and make sure we use up all the food in the fridge. I'm happily cutting back on the food bill, fresh fruit and veg is cheaper and better for you!…[Read more]

Going to be great, I'll wave from the front seats CheersD

Hey Kong I think the purpose was for fun. I completely believe there is no correlation, as many people who have no wealth will buy hideously expensive cars on finance. ( I know a few) And many who have plenty of wealth will buy a nice plain car that does from A to B. I personally use my car as inspiration, my first car was FREE from a front yard,…[Read more]

The next thread should probably be, what junk car did you used to drive? lol!!! D

Hi 1desi,On the other side of things, you may find that some councils require you to have a permit for a rooming/boarding house if the number of separate people leasing a house is over 4. You may be required to have extra fire proofing etc. Some of the brokers on here should be able to give you the banks take on this deal.In Vic there is this…[Read more]

Hi Simon1908,Do you have landlord insurance too? Building insurance? You may like to speak to a solicitor to give you a run down of who is leagally liable for the damage.The strata insurance covers common areas, common walls, anything that is common property and most policies have public liability (eg door knockers slipping over in the driveway…[Read more]

In a normal lease you cannot sub-lease without the owners agreement. In this case I would say, no-no. Questions you need to ask are, what happens if you lease it, then settlement falls through? How will you then easily evict your tenant? What about a bond?  If the tenant causes damage, and settlement falls through, then what? As you are not the…[Read more]

When you go into the bookshelf bit and tap on the issue does it tell you there is a new one? I get the Donna Hay one too (no comment) and you have to tap on the next issue and download it. The YIP one keeps popping up with a message that there is a new issue. When in doubt email them. Good luck, I've only just started getting the mags on the…[Read more]

Great segment. Thanks for putting yourself out there in order to help others, lawsjs, and of course the others in the segment. CheersD

As g0biin said above, chat with a builder and solicitor. When inserting the building and pest clause in the contract in the first place you can get your solicitor to word it correctly for you, or use something along the lines of "to the purchasers satisfaction". Then if you are not satisfied you can walk easily. Apart from the stump issue (which…[Read more]

Can I do 3 (greeeedy!)Wish list is – Camberwell (VIC) or Merewether (NSW) or East Vic Park in (WA) My other half has his hopes pinned on Palm Beach. Good luck! D

What a great result!! Me too, on the mass email dianna@reddoor.net.au. Cheers!D

Wow……Feeling like I need to get a life maybe I can aspire to a cruise in the next 10 years, or a holiday this year. Working too hard methinks!Cheers, keep up the posts, it's interesting to find out that people do other 'stuff' too!D

Thanks KeyStrategies,That's interesting that there will be more workshops, the workshops were good the year I went, there were a few iffy Keynotes, sounds like the gang at PI.com have ramped it up. I'm going to have to bribe some family members!CheersD

OMG!60 countries, that's great Jamie! Very wow!D

Yeah my car is depreciating faster than I can legally drive it! Still good fun!D

I have to say, I'd probably want to move them along too. It's not about being a nice guy, or being their best friend. It's about collecting the rent. Can you get rent in advance? If so, I'd probably think about letting them stay. What happens at the end when they vacate the property? Will they vacate? Will the rent get paid? You need to ask…[Read more]