[kentonMember@kentonJoin Date: 2008Post Count: 28]

August 29, 2009 - 11:22 pm

Thanks ppls

I will bear that in mind.

[kentonMember@kentonJoin Date: 2008Post Count: 28]

January 17, 2009 - 2:47 am

Thanks Guys,

Yes I had a company before and through mutiple IT income streams missed the PSI rules. (Un) fortunately I have been contracting to the same company for over 2 years and it is the majoritory (95%+) of the income so I am bound to the PSI. (At least I have a steady income though).

Our home (of 2 years) is really our first IP and we're reno'ing it as we go. All equity is being ploughed back in to complete the renos.

I'm 42 so, not able to access my super for a few more years yet, but am keen to move it to a SMSF when it's value gets high enough. (That'll be quite some time at the current rate of decline!!!!!)

TrustMagic, yes we have our IP trust set up ready to go …. just no capital to kick start it.

So, no votes for the book "The Tax Solution" then?

Kenton

[kentonMember@kentonJoin Date: 2008Post Count: 28]

June 25, 2008 - 2:35 am

Thanks.

Being from Sydney, 2 hours (each way) is a regular commute for a large number of Sydneysiders (did it myself for quite some years) and 1.5 hours would be a dream for some up here.

[kentonMember@kentonJoin Date: 2008Post Count: 28]

June 3, 2008 - 11:13 am

Thanks yarpos. Will get the blue metal

[kentonMember@kentonJoin Date: 2008Post Count: 28]

May 19, 2008 - 10:51 pm

Thanks for that guys …

TrumpMan, which category do you suggest I post reno questions?

[kentonMember@kentonJoin Date: 2008Post Count: 28]

May 6, 2008 - 11:09 pm

Thanks for all that.

I note that if I google Spiro Kladis all I get is forum postings saying "Google Spiro Kladis" (aside from his own postings on CFC). I did not come across any "dirt", however I'll sign up for the free newsletter and then source them from domain or RE.com.au

[kentonMember@kentonJoin Date: 2008Post Count: 28]

April 23, 2008 - 1:47 am

I see the rent's on RE.com.au to be $125pw for:
This three bedroom home features: BIR's in all bedrooms, open plan living with gas heating & evaporative cooling, neat kitchen adjoining a dining area with outside access, modern bathroom and outside a garden shed & single carport.

Not really +CF in my book.

Towns 30km out with population of 1000 have 10 rental properties listed … not a good sign for the area

Just my opinion and should not be concidered advice.

Kenton

[kentonMember@kentonJoin Date: 2008Post Count: 28]

April 18, 2008 - 10:40 am

Hi Vstar

I'm just using:
Annual Return/market rental yield = Property Price

So, I believe that the rent is 33% below market rate thus the property's going for 2/3rds price …. but only if I can get the rent up

Thanks also to Jeff and Scott
Kenton

[kentonMember@kentonJoin Date: 2008Post Count: 28]

March 18, 2008 - 9:28 pm

Yes Please

[kentonMember@kentonJoin Date: 2008Post Count: 28]

March 18, 2008 - 9:27 pm

Thanks heaps for that Jeff.

You have now lead me to another question.

Our home, which we are renovating to rent or sell is a 3BR, 2 living area house worth about $370k. The second living area is a room at the front that is totally underutilised. To turn it into a 4th bedroom, the front door would need to be moved and an internal wall and door added. – yet to be quoted

A RE agent has suggested we leave that reno, but make the suggestion to the purchaser.

My question is, how much do you think it is worth spending to do that reno without overcapitalising? Do you suggest that the 4th bedroom could add $30k?

Kenton

[kentonMember@kentonJoin Date: 2008Post Count: 28]

March 17, 2008 - 9:32 pm

[bump]