kaloni- there’s 2 schools of thought on this- the “live on thin air because thick air costs money and you should be investing all your money into more IP’s” (aka the Anita Bell) philosophy… and the “what is money if it’s not to be enjoyed?” (aka the hedonist) philosophy. I subscribe strongly to the 2nd. 6 weeks holidays per year, just went to…[Read more]

Cremin,

Yes, it’s amazing what some people can do… and what some people SAY they can do. Hang around long enough and you’ll see that things are not all they seem sometimes (oops- that’s mysterious!)

Cremin- there are those who still have some difficulties. Someone said they have a 90-100k income and still find it hard to lend, so some might…[Read more]

Oh, by the way, nice to meet you DD :o) Welcome to the forum- hope you enjoy your stay!

kay henry

Yes, there’s some crucial info we are missing out on about members:

Residential Address: this one is good for stalkers

Tax file numbers: good for financial stalkers and hackers

Criminal record history: Nice to know who the draudsters are :o)

Size: Are you long or wide?

Colour: What colour are you? (I’m green)

Starsign: (then you can…[Read more]

Milly… I think the main gist of some of the posters who replied was a few things:

(1) not to speak in a nasty way about this woman who obviously has coping issues
(2) to do no harm to her by exploiting her apparent desperate situation

I am not suggesting Russ, the author of the topic, was doing either of the above, and the spirit of the…[Read more]

Luckyone, your story is why I used my example about my ex’s uncle loaning us money. He would have put all kinds of values, expectations and interest into our lives, that we didn;t want or need (that’s the kind of man he was).

When we borrow from a bank, they don’t resent us, they don’t suggest our relationship might break up. They don’t ask us…[Read more]

bearsey,

Yeah, i was being a bit flippant in my post. Leigh, if you want to know how many IP’s people have, just ask them every time they post. Seriously, sometimes people on here post and i wonder if they actually have IP’s or not. I’m too gutless to ask them, but you could if you’re brave :o)

Actually, some of the wisest people on here (in MY…[Read more]

Daaj,

Check under the floor coverings. If there are any newspapers there, check the dates of the newspapers. I recently had a builder do this for me. I pulled out of the place- any house that has newspapers under the floors, is a bit too old for me.

kay henry

westan- the old subaru impreza, mate :o) Model X-gen car [cap]

kay henry

Good idea, Leigh. I would also like to have written next to people’s nicks the way they have made their money, ie wraps, buy and hold etc.

kay henry

Well, I wouldn’t buy in any of those places. Nor would i get a pre-nuptial relationship agreement. I have and will however, post links to inquiries when I choose to.

kay henry

Acey said:

“Now that’s a very different attitude towards working! I can’t see why anyone would choose to work for 30 years without being able to retire at any time. “I guess some people have been well conditioned to society’s work til you’re 60-65 brainwashing”

You may see it as brainwashing… I see it as my choice. I work in a well-paid…[Read more]

Mini,

I didn’t recommend anything. I referred the author of the post to a RE in Broken Hill. I am interested in how you seem to want me to “just admit I am right”. Where does that come from? And what would I be “admitting” to? You wrote more than 10 paragraphs- am I admitting that “I was wrong and you were right in every word you said”? hehe.…[Read more]

See, Mini- this is what I mean about the negative naysayer stuff… Your response to Broken Hill is “eew”. well, others have bought up in queenstown, tasmania, or in other places all over australia too. I may not choose to buy a house in one particular area, but then, might not buy one in the North Shore either (sorry Rugs *mwah*) for my own…[Read more]

Gatsby,

As another “exit strategy” from work, you might also think about getting your redundancy payments negotiated to a worthwhile amount. That in itself, is a form of insurance, and can tide you over until your next choice of work. It’s a nice way to get up a few immediate deposits too if yer lucky!

kay henry

Marc,

I am not sure what “free rides” and “hand outs” have to do with parenthood. You are using terms that the government uses, and yet you are her father.

When my former gf and I were financing our second IP, we needed some extra dough to finance it- I think it was 10k at the time. She decided *not* to ask her uncle (her closest relative in…[Read more]

Summo,

You can do a rental review after 6 months of a lease- sure you can. Re your fear of the tenant doing a runner… well, maybe you shouldn’t get that particular tenant in if you fear they are going to nick off before the lease is up! That’s what Landlord’s Protection Insurance is for- to cover such situations.

As far as outdoing the Privacy…[Read more]

hiphop,

You’ve seen a variety of opinions and perspectives on here. I am sure you’ll take them all into account in deciding what’s possible for you personally. Some people are negative doom and gloom naysayers about nsw exit duties, others have different priorities- it depends on where you’re coming from. Personally, I think Steve’s ability to…[Read more]

passive, go to schinellas real estate at broken hill- cashflow properties galore there. I think they are now associated with The Professionals group of RE co’s. I’d look it up for you but my computer is being mean.

kay henry

What has changed for me is, I would still think about buying in nsw, but I will really be preferring post 1987 properties forthe depreciation allowances. So the tax man giveth in one hand (dep allowances of 2.5%) and taketh away, in another. A big reason (aside of dep allowances) for me thinking of buying newer properties, is that now my buy and…[Read more]