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Viewing 20 posts - 41 through 60 (of 72 total)
  • Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Jeez Bill,

    Fair go on us all! I read crashy’s post a little earlier, but having any experience with this sort of thing, I didn’t have anything really helpful to respond with.[:(]

    But, Crashy, I agree with Bill, take them to task over it!!![:(!]

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Paul,

    i like Lucky Phils idea too!!
    [:P][:P][:P][:P]

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Bill,

    I’d say:-

    Build On A Firm Foundation

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Guys, Guys, Guys,

    Just running some quick calc’s & I’ve come up with a better way to spend $1998!! We still get to meet mini, peter & enjo lady (& others) and share their wisdom.

    Flight from Perth to Melb – $550
    A couple of nites at Crown – $600
    Bar tab at the Windsor – $500
    Meals in Liagon St – $200
    Taxi Fares – $100
    Panadol, Berroca & Bottled water – $40

    The plan would be – fly to Melb., invite everybody to the pub, shout a few rounds, get ’em to blab, say our goodbye’s, & back on the plane to start a fresh week at work on Monday.

    And we are still $8 in front……

    [:P][:P][:P][:P][:P]

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Milen,

    Rather than get into an explanation myself, you will more than likely find the info you require at the ATO’s website.

    As a general comment – you cannot claim the interest if you haven’t actually incurred it as a cost

    http://www.ato.gov.au/individuals/pathway.asp?pc=001/002/002/005&mfp=001/002&mnu=1009#001_002_002_005

    If this link doesn’t work try

    http://www.ato.gov.au/ and follow the links through to rental properties

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Great idea!!

    I’m one of those people that everybody gets confused about. I should really change my nickname to ‘Kewl Dudette’ but it just doesn’t sound as funky.[8D]

    Agree Propertylogist!
    People should have profiles that read something like:-

    “Single, white, millionaire, female” or
    “Tall, dark, handsome, billionaire guy” [:P]

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Allan,

    I usually find the local councils, tourist information bureau, ABS (Aust. Bureau of Statistics) are good places to start.

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Guys,

    I had a report done by these guys for the last IP I purchased, I was really happy with the results – especially since it was an older property, I was happy with their service and their professionalism.
    All Good!!!

    Cheers
    Kym
    [:D]

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Mpks,

    Just so happens I work for a builder (WA), who deals primarily with rural properties. I have also lived in a house with a septic tank and leach drain system. So, let me know exactly what you want to know, I’ll probably be able to help with comments on standard leach drain systems (including sump & pumps), alternative systems, eco-max, bio-max even compost toilets. I also know some ‘tricks’ to avoid maintenance problems etc.

    Cheers
    Kym
    [:)]

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Redwing,

    It’s Kewl Dudette, but that just doesn’t have the same ‘ring’ to it!!

    Most of the folks in here are from over east, I would speculate that is because Steve probably hasn’t done much work over here (if any).

    I think it was DaisyGirl? who organised an outing in Melbourne at a coffee shop for people who were interested, maybe we should do the same?

    Cheers
    Kym
    [8D]

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Sue,

    The local council involved would be able to help with some things ie:- car parking requirements on site, max number of persons allowed to co-inhabit a single dwelling, you may have to apply for a licence, advertise your intent & get comment or agreement from adjoining land owners.

    I’ve never looked at doing this sort of thing personally, as I’m thinking it may be a bit of a drain ‘time wise’ to manage. However, if you have the opportunity to perhaps double or even triple the income you could potentially achieve from a single property, it might not be all bad. As for lease agreements, I don’t see why they would necessarily need to differ greatly from a standard one, but you will probably need to have one drawn up that outlines areas people do / don’t have access to, responsibilities for cleaning common areas etc.

    Hope this (in part) helps! [:)]

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Bribie,

    I’m here too. Going backwards & forwards between the laptop & the weekend chores!!

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Peter,

    Agree totally with Peter P & Redwing. There are plenty of opportunities available. You just need to get out there and find them. Maybe have a look at Geraldton. You may be able to find some good opportunities there.

    Also check out Peter P’s & Pin’s previous postings under the topic heading “research methods”. They have provided some excellent info to help you with your research.

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Judith,

    A wonderful, warm & loving story to remind us of what’s really important!!

    Good on ya!

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Agree Jim! Any info on the ATO’s point of view?

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Ok, thanks guys. I’ll stop my whining now. I just had so many problems getting any form of credit when I first started working for my self; I started to get paranoid about the situation, before I’d even thought about it!

    Cheers for your comments
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Keith,

    I believe anyone inspecting a property should be a registered builder. Not sure about Pest Control though, but always ensure they carry out their inspection inline with the relevant Australian standard.

    AS 4349 “Inspections of buildings. Part 3: Timber Pest Inspections”

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Craig,

    Agree with nu gen, source a QS and get them to do a depreciation schedule for you. It will make your life easier!!

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Doug,

    The reason your cc limit can become an issue is because when a lender makes an assessment as to wether or not you are able to adequately service a loan, they take into account the actual limit of the cc, not the amount owning.

    They do this because, at any given time you will have access to $6500 worth of finance/credit. That means, the day after you apply for a ip loan you can max out your card. Lenders have no control over this & therefore must take into account your max. monthly commitment to your cc when assessing your loan serviceability.

    You’re forgiven[;)]

    Frank,

    Your IP? – I hope all goes well!![:D]

    Cheers
    Kym

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Cobra,

    Yeah – too true. I’m not in a position where I have that problem yet. Although, it still may not hurt you to leave contact details with neighbours etc.? I think that when I do come up against this sort of thing, I’ll at least investigate my costs and time in having to travel to do inspections etc. The cost will probably be way, way, way too restrictive, but I’ll at least do the sums.

    Cheers
    Kym

Viewing 20 posts - 41 through 60 (of 72 total)