You said you had been badly burned buying interstate. was that a two-tier marketed place?
Also, whilst investing in one’s backyard (or State) has its advantages, a LOT of nsw investors will be looking elsewhere to buy than in nsw due to the introduction of the exit duty. Generally, I think people will invest where it might seem tax…[Read more]
Mel, that would definitely be a case of breach of copyright in the ICAN/CANI situation. If the originator wished, he would be able to prevent the copier from using it. That one, I would say, is a CLEAR case. Of course, any person is able to refer to any other person’s ideas- as long as they acknowledge the originator of ideas. Merely shifting the…[Read more]
There are different forms of student accommodation. The specialised types are when they have groups of apartments in a complex. There are managed by onsite managers. I stayed in one of these at the Sunshine Coast when I was at a Conference last year- it was new, with a pool, tennis court, games room, etc- frankly, it was lush. Banks don’t…[Read more]
Queenstown had the biggest CG in Tasmania last year. But that was because, early last year, properties in Queenstown were about 25k. Now they’re 50k. But just because an area *has* had CG, doesn’t mean it will in the future, or even today.
Queenstown has a population of 3000, and acts as a satellite for outlying areas. It has something of a…[Read more]
If you have an excellent income and no credit issues, then why are you seeking a L/O? My understanding of a LO is that they would generally be for people who are similar to wrap clients- those with damaged credit records, recent immigrants, low income earners, and others who don’t fit into the regular banking system.
I see where you’re coming from, but the problem is, when people come in here and their first post is an advertisement, and then you often never see them again and they don’t contribute it any way other than their own promotion, it’s annoying.
Kevin, you stayed and posted even after your advertising posts were deleted, so it means…[Read more]
Yeah, good on you Russ- $160 yield on 32.5k is a good deal in anyone’s books really. Russ, will that rental income affect your pension? Also interested to know if you sold your PPOR yet? If you sell that, you can but a few CF+ props for the income and kill off the pension.
It sounds like your tenants are incompatible with living in a house and taking responsibilities for gardening etc. If you have a unit, and the tenants are good tenants, maybe you could shift them into a unit? It might be the case that some people with a disability, or some ageing tenants might not be able to cope with a…[Read more]
hehe Mel- you’re funny On the rare occasion I have a bath, I read the newspaper there. It ends up like papier mache- I may as well cover balloons in the wet paper and make masks like we did as kids
Almost 50% of first marriages don’t work out in Australia, and greater than that for 2nd marriages. Banks don’t care about people’s marital status (in fact, if you write “single” on your bank application, you’re considered less of a risk. If the person who is buying your place has child support obligations, then that will reflect on how…[Read more]
Also, local knowledge is supreme. So once you’ve found somewhere you like, you can do a check on here through the search engine (so you don’t have to blab about the place you wanna buy) and check out what other people have to say about it. If you looked up “geraldton” for example, you’d see heaps of posts about it- with lots of locals…[Read more]
Coincidentally, I was watching a real estate video on the weekend- from some network- the video i got free at the Property Expo- on tax and RE… anyhoo..
The presenter asked the audience if any of them remember the last tax cut we got and what did we do with the money? He asked if anyone put it onto paying off their PPOR or IP. Noone had.
I’ve met some great people on here too- lemme think. I’ve met sis, PG, Chan (and Mrs Chan), Rugby, Teacherk6, melbear, and Celivia. And they were all good people. I think the usual cautions about the internet apply about giving out personal details etc. We wouldn’t want someone coming to our house, and stealing our mortgage from us- hehe…[Read more]
Ted, there’s no herd. There’s just a bunch of individuals who have different ways of thinking. Generally, different perspectives are appreciated by many of us. Abuse is another thing- I don’t tolerate that at all, but I do love to hear differing perspectives, and so do many others, so never mind about the herd.