I've emailed… please check ! Thank you for your kindness.

Can I still buy a spare conference ticket?

Comparable unit but older and away from main road with ocean view: $440kBrand new unit on main street with city view: $400k.Assuming the valuation is fair and accurate, I know which one will generate far more capital gain, and that's what I'll stick with. Plenty of land still to build on main roads without ocean view. Those with ocean view demand…[Read more]

A while back we were looking at an apartment at Elizabeth Bay (Sydney) and the strata for a 1 bedder is about $1500/pq if I remember correctly. The apartment is meticulously decorated high on the 12 or 13th floor with reasonable view across Kings Cross. Upon investigation we realise the carpark with a "car rotator/conveyer belt thingie" (due to…[Read more]

Sorry subject should say "Excess Supply". Is there a way to edit?That brings me to a perpetual question I've got for this forum: Do  you find this forum difficult to use? I certainly think so as I often can't find my posts/reply if I don't eyeball thru a long list of entries… but this is a discussion for another forum I guess. Do point me to s…[Read more]

Unilodge Sydney certainly depreciated! Plus at any one time there are 20+ of them on sale.

If you have an SMSF you seem to know what you're doing and I'm surprise you hold so much money in cash and no investment (or perhaps you have plenty of shares/gold etc but didn't mention). If that's the case I suggest you consult an independent professional planner. I'm sure you already know that, there's a lot at stake here and at this age…[Read more]

I'm happily generalising but I've stopped wasting time with rental guarantees.Rental for the property needs to be guaranteed as obviously without it noone will buy it.If you guarantee it for 20 years, perhpas I'll look at it. However 2 years goes by in a flash, after that the hotel has access to my property without having to front the cost of…[Read more]

very strange… don't really understand. why would the builder care if you sell before/after 20 years? am I stupid?

Terryw,Isn't that amazing… with 70m+ people mostly living in shoeboxes, properties are traded like second hand clothings.The ski resorts having been invaded by Aussies are a different story. Last time I was there when AUD1=JPY55 some holiday units were on the market for the equivalent of aud$300k., yet last week a friend of ours was looking to…[Read more]

5.3% is about average for an apartments in Sydney no?Consider Japanese rental market – I was told it's virtually non-existent as nobody rent in Japan!Regardless I think Chatswood and Artarmomn are good growth areas. Too many asians wanna live in Chatswood and it is a sub-economy in it's own. (same goes to Hurstville)

That's normal. You don't go thru every drawers/windows/locks/power point before you move in. Even if you bring it up before signing it's unlikely the owner will care to fix them for you unless they are really desperate to sell and you want to stipulate into the contract. But in that case it's easier to just bargain another $1-2k or so… but…[Read more]

You cannot attain great wealth and be a free man if you refuse to take risk.Unless of course you win lotto.Good luck.p.s. ~7% is more like the NORMAL rate. Current ~5% is an emergency rate.

I'd say it's just yourself…. or the area you live in….

Hartfam,These things come at a price. In the past they have been low performance (if perform at all) investments – You prepay some on-going costs (where the deduction comes from), he get a nice commission, and you expose yourself to often high-risk and elaborate financial scheme that designed only to benefit every one in the selling chain but the…[Read more]

What does your husband do that make him that much?

Need to boycott Google so that they won't get too big.  But then again the law of diminishing return stipulates that once they gotten too big, sooner or later they're bound to create something stupid like Microsoft Vista – a pointless innovation driven by ego (citing a recent article in Newsweek re knives)Need to support SMH so that as the only t…[Read more]

Eventually they can catch up and data-match 100% of the population if they want to. It's only a database query.May not happen this year, not next year not year after, but could happen on 4th or 5th year… By then you also need to repay the interest.A lot more incentive to audit people receiving grants in 2008/2009 due to higher payouts. I think.

Correct me if I'm wrong you can certainly ask for vacant possession when you enter into contract to buy any property, no?

Guts feeling based on your post is, you'd better see a suitable accountant for this.But in the absence of further information, I hazard a guess that these would roughly be what you need to do:1. Get yourself a pty ltd and start running your business thru it. Doesn't matter if it's in both your names or just one of you. Pty Ltd also separates your…[Read more]