Forum Replies Created
Shall we see property prices in that same area hitting the roof in the next few weeks?
[
]Huey
Thanks SIS. I’m not sure it’s better for her to have a mentor in the same age group or a much older one. I have to think of a way to introduce her to you. She may suspect that I’m after something and refuses to write to you. BTW her dad is very strict & over protective. [
] HueyI’m approx. 10 minutes drive from Luke [
]Huey
Who wants to mentor my 20 yr old daughter about property investing? She is nice & sweet like her mum [
] (you can ask Mel) but know almost nothing about money or investing. I want to help her to buy her 1st IP when she finishes her university degree next year.[
]Huey
Thanks Melanie,
I asked a similar question few months ago. Now I know more about how much I have and what I want out of it so I bring up the question again, hoping to get more ideas/advice from all of you.
I just put in an application to split the home loan of our other IP into 2 parts: $150K variable and $300K fixed rate for 1 yr. Temporary I will put that $150K into a mortgage offset account for the variable rate portion. It’s a “bad” negative cashflow IP + bad property manager + bad tenants.
I hope to buy a positive cash flow IPs with that money later on. Incomes from the new IP will be used to pay off its loan since I won’t need the extra money for the next 2 – 3 years.
I had a 5 years scholarship with the Australian government back in 70s. Although I’ve paid it many times over through tax, I still want support my own retirement instead of relying on the government payout. When I left work I chose a regular superannuating income instead of a lumpsum payout. It’s enough for me to live on comfortably now but not in the far future. The additional source of income from 1 or 2 IPs will keep me up with inflation and healthcare costs. It’ s funny that although I paid my after tax money to the superanuation fund I still have to pay tax on my super income again!
I think at my “great great great grandma” age, it’s sensible to be more conservative in investing. I won’t have enough time to recover if I fail.[
]Cheers
Huey
I haven’t met an Agent in jeans before but even in suits some of them don’t take me seriously.
I’m always very specific in my requirements so it often takes me 1 or 2 weekends for the agent to find for me the right one.
May be it’s the way I dress : jeans, boots, white shirt, cap and back pack! Perhaps I must be in dress or suits to get their attention.
[
]Huey
I’ve been looking around for a PPOR and an IP but they are all overpriced. I wait but still open my eyes. [
] HueyThrough my kids I love Santa and Tooth Fairy. I miss them. Now my children don’t want presents from Santa they want money from me for Christmas.
When my youngest daughter was not quite 3 she hardly could wait for the day she lost her 1st baby tooth. When she saw her older sister got 50 cents for a tooth from Tooth Fairy she asked her auntie “If you pull out all my teeth how much I will get from Tooth Fairy?”. But when she lost her last 2 baby teeth she told me “To make it easy Mum, just give me 2 bucks. There is no Tooth Fairy”. I felt sad.
I want Santa, Tooth Fairy to be real the same for God, Jesus, Buddha, other Fairies … to make this world a better place to live for everyone.
[
]Who is in what photo Propertylogist? Have I missed something? [?] It’s an interesting private message. [
]I hope the Aussies will win the final. I met George Gregan few years ago at a social function organised by the Computer Associates. There was half a team there. Unlike the others, tall & big he is much smaller and such a nice person. We walked to the carpark together I asked him “what’s your name?”. He may still remember me because I may be the only person in his entire brilliant career asking that question! When I came home my children gave me a hard time for not collecting his signature! [
]Hmm, this forum must have a special facility to detect frequent users of Copy function & disable them. [
]Hi SIS,
Health Information Management sounds interesting. Do you need Chemistry/Physics units as prerequisite?
My daughter only has 3 days break before the exams. It should be 1 week and worse that some of her last assignments submitted haven’t been returned. Students needs to know what they did wrong in order to improve themselves before the exams.
My kid have got the bad “last minute” study habit from me but my brain worked differently and I could stay up 2 weeks with 2 – 3 hours sleep per day. From your own experience is there anything I should do to make them study more and earlier? It seems these days kids spend lots of time surfing the Net. (I do too but I have a good excuse)[
].Cheers
Huey
Hi Jeremy, SIS,
How come Jeremy finish that early and SIS that late! What courses/yrs are you doing? My daughters are still struggling through and they can’t concentrate much until the night before each exam.
Hope you both get good results.
[
]Huey
Hi Aussierogue,
When you are nervous your wife can feel it and she gets nervous, then your baby will feel and does the same. Try to stay calm. Sing or play nice songs … or talk about your IPs … whereabout they are and what you plan to do together …. The baby can hear you.[
]Best wishes.
Regards
Huey
]
] (you can ask Mel) but know almost nothing about money or investing. I want to help her to buy her 1st IP when she finishes her university degree next year.
]
