https://www.propertyinvesting.com/members/kum-yin-lau/activity/ Activity feed for kum yin lau. Wed, 15 Apr 2026 00:13:23 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e2cc8184bdaecbc6ec5aef2f3504e898 https://www.propertyinvesting.com/topic/4406820-retirement-living-plans/#post-4671583 Sun, 17 Jun 2012 14:40:35 +0000 Hi, retirement IS hard work! I used to flippantly say I want to retire at 40. I actually stopped working at 42. Young & attractive still, enjoyed mucking around & found my money ran out very fast. That was when I started buying property.Managed to finally 'retire' at 52. Not so young & attractive but still …I bought a property & redeveloped it,…[Read more]

]]> 5cc3849e21481f8e9785b33c7802d110 https://www.propertyinvesting.com/topic/4406820-retirement-living-plans/#post-4671571 Wed, 13 Jun 2012 01:33:03 +0000 Hi, one relative who retired on independent resources bought a 3BR house in a stylish retirement village. The first 2 years were good & then management costs kept increasing, shares kept dropping.Their wealth dwindled and they decided to sell out. The buyers were scarce. In the end, they took a big loss and got out. Bought a 2 BR new house in a…[Read more]

]]> 639fafbd3ddfd983dc8e1b6860acf4b0 https://www.propertyinvesting.com/topic/4406819-strategy-planning/#post-4671558 Tue, 12 Jun 2012 01:06:41 +0000 Hi, Richard Taylor & Terryw are 2 of the best at what they do. A buyer's agent [one goes by the name Propertunity is very good] will be worth his weight in gold in your case.* Your savings rate is VERY low if you only saved $20K on a 190K p.a.  – not being critical, just a comment on the numbers you've thrown out.Can you review your PAYG…[Read more]

]]> 1dc9251212bf5616eb3a4c866fd52533 https://www.propertyinvesting.com/topic/4400638-first-investment-property-help-please/#post-4628491 Wed, 11 Aug 2010 02:25:06 +0000 Hi, catalyst is exactly right. To be 21 again, ah!!!Consider this: what would you do if your property went backwards for 10 years? You get 4.5% yield so fork out 2.5% in costs. Then price drops by 20% add to that, transaction costs, you have a deficit to answer to.I bought my 1st house for $166200 and it rented for $400 per month. The house next…[Read more]

]]> 14ec190bb9ea855a7a697eb241d21848 https://www.propertyinvesting.com/topic/4400592-why-do-we-shun-student-accomodation/#post-4628262 Fri, 23 Jul 2010 01:45:58 +0000 Hi, I own 5 student accommodation units, all in NZ.If I were given a choice to go back 7-8 years & with the info I have now, I would not choose to invest in student accommodation.My investments aren't bad, as such. The NZ managers are very good.I calculated my position yesterday & it looks like this: I'd put in around 175 thousand. I have equity…[Read more]

]]> bcc4317f74ddf4655835c3597bf9bf1e https://www.propertyinvesting.com/topic/4399851-can-i-get-a-2nd-property-without-enough-equity/page/2/#post-4624030 Mon, 12 Jul 2010 01:16:49 +0000 Hi again, and that precisely is why I asked that question. There've been concerns about sustainability & current auction rates & high volumes of stock in Brisbane. So interstate where? Maybe Perth?But from all accounts, it's likely to be flat.So considering your LVR position, why rush to pay LMI when there's such a high probability that cap gain…[Read more]

]]> 1ae8436c54e3186b994aca2dd00695db https://www.propertyinvesting.com/topic/4399851-can-i-get-a-2nd-property-without-enough-equity/#post-4624028 Sun, 11 Jul 2010 11:33:05 +0000 Hi Jlia, I presume you're talking about buying another IP in SA? May I ask what you've seen that makes it so urgent to buy immediately?KY

]]> b6dc06689eb52d77010aa730c7d7ce9a https://www.propertyinvesting.com/topic/4400463-novice-needing-help/#post-4627545 Tue, 06 Jul 2010 11:21:30 +0000 Hi, finance is not an issue. How to minimise & capitalise on your PAYG is.Do you realise you have some VERY savvy property investors in Melbourne? Steve McKnight, Michael Yardney, & a host of other investors who don't 'teach' but who post on these forums? KY

]]> 36c086b40c02589e9cd1cb4d09cd5363 https://www.propertyinvesting.com/topic/4400447-lots-of-questions-2/#post-4627474 Sun, 04 Jul 2010 04:04:19 +0000 Hi, check this carefully. I don't think you need to pro rate the depreciation. KY

]]> 50e038afd0a7e306f0bf6e9136198303 https://www.propertyinvesting.com/topic/4400447-lots-of-questions-2/#post-4627471 Sat, 03 Jul 2010 07:38:23 +0000 Hi, have you done a depreciation schedule? If your unit is new, you may get a LOT of tax deductions. And if you rent to 2 tenants, are you providing white goods [fridge, dishwasher, oven, etc etc]? Curtains, blinds, carpets, lights are ALL good depreciation items. Around 25%It means that you can whack $5000 off your taxable income, which adds…[Read more]

]]> 3a046d1af75f457150a3f249a9cd9743 https://www.propertyinvesting.com/topic/4400330-seeking-feedback-for-property-investing-idea/#post-4626790 Wed, 23 Jun 2010 09:32:41 +0000 Hi, I thought you were talking about the other block of land.So, $110K x 2 = $220000[say $250000]$28K rent p.a. can support a loan of $320000Seems quite comfortable without having to sell. You need to factor in holding costs – the faster you can do it, the less the cost but in your case, it's really not difficult because you can use the existing…[Read more]

]]> dfdaac1b81073b3f494afcfdf9d4a21e https://www.propertyinvesting.com/topic/4400330-seeking-feedback-for-property-investing-idea/#post-4626788 Wed, 23 Jun 2010 06:56:29 +0000 Hi, some fantastic ideas there, Susan & the sooner you start, the better. The reason is very simple: raw land has far less value than improved land. I'd suggest comparing the pros & cons of selling or holding for rental. The agent suggests $150K sale on a $110K house? Who would enrich more, you or the agent or the govt? Profit = $40K, $4K to the…[Read more]

]]> 6cddb71d428c15ce85ea6f63a07fdd88 https://www.propertyinvesting.com/topic/4400248-another-newbie-4/#post-4626073 Mon, 21 Jun 2010 06:30:10 +0000 Hi, not to be taken as advice but your wife might have an instinctive feel & knowledge of her own backyard.I'm Asian and I have NZ properties. I've been thinking that it's a good time to be buying older or even decrepit houses on big land to rebuild. Stacks of -ve gearing with depreciation = +ve cf. All the 5 units I have are set up like that. I…[Read more]

]]> 44cace997a3945f14aa8156abb8d09dc https://www.propertyinvesting.com/topic/4400291-doing-a-feasibility-assessment/#post-4626317 Sun, 20 Jun 2010 01:19:02 +0000 Hi,a) 25-30% of total project costb)constantly, especially when interest rate goes up!c)surprisingly none, the actual profit was $75K per house, same as what was estimated/hoped for when the block was purchased [the initial assessment was each house would make a profit of $60K]  However, the deviation in the actual cost was 25% [originally…[Read more]

]]> 0cc0ff9db0a48b4109172bad17f4d64d https://www.propertyinvesting.com/topic/4400209-harry-dent-predicts-usa-property-to-drop-another-30/#post-4625879 Sat, 19 Jun 2010 07:04:33 +0000 Hi, I'll take it with a big spoon of salt. No need to spend so much to find out what he says. Just go to the library & borrow his 2 earlier books. The Roaring 20s and the Big Boom Ahead, something like that.He way way overshot in predicting the Great Boom [said Dow would pass 20000, which it never did] and got the time frame not right either.So…[Read more]

]]> f9f84600c21c01af30ffe2a47bdae1df https://www.propertyinvesting.com/topic/4400087-ip-did-we-leave-it-for-too-long/page/2/#post-4625187 Tue, 08 Jun 2010 11:52:38 +0000 Hi danviv1, losty & young guns et al,I'm not sure that you all have considered the super issue in depth. The reason your super went -ve is because your fund is weighted heavily in equities. And fees march on regardless of whether the fund makes any profit or not. What I'm suggesting is that one who earns enough to be in the 30-40% tax bracket has…[Read more]

]]> 30f5dfdf0e64d64f554fc5bdac321726 https://www.propertyinvesting.com/topic/4400151-where-oh-where-do-i-start/#post-4625553 Sun, 06 Jun 2010 00:29:59 +0000 Hi, while I'm a property afficionado, I'd like to caution you about the downside to property investing. Tenant & vacancy problems, + management costs, maintenance etc erode yields. Your problem is going to be that you need the income to live on & depending on the amount of cash you have in hand [if you still have a home loan, that amount is going…[Read more]

]]> 9d6a79a96cb66d2e3fbc4a1310eb34ef https://www.propertyinvesting.com/topic/4400140-need-to-get-smart-for-expanding-family-help/#post-4625505 Fri, 04 Jun 2010 22:16:49 +0000 Hi, you've answered your own question, basically. I didn't look at the 2nd part where one income stops.The best financial outcome is not necessarily the lifestyle choice.In the present scenario, the best outcome is achieved by making current PPOR a rental. Can you bear the pain & inconvenience of that? KY

]]> 47b04e1ffcec0ccc31833fcbfb95e1b2 https://www.propertyinvesting.com/topic/4400140-need-to-get-smart-for-expanding-family-help/#post-4625503 Fri, 04 Jun 2010 21:20:32 +0000 Hi, Richard Taylor's going to jump on you!Why is the IP loan less than the PPOR loan? And why oh why is the IP loan P&I?Ideally, it should be IP loan $350000 and PPOR loan $330000Look at the discussions on debt recycling. Try to work your PAYG down as low as you can.KY

]]> ffbfdaf09b2eb667b8610ee72c5909f5 https://www.propertyinvesting.com/topic/4400099-looking-at-first-ip-newly-married-couple-your-advice-needed/#post-4625332 Thu, 03 Jun 2010 04:06:36 +0000 Hi, you might also want to look at your PAYG. You're in a high % tax area.Ideally, one of you should be in the low income category [lots of freebies if your taxable income <30K]Deductible interest is one way of lowering the taxable income, depreciation is another & super is another. Paying to dependents eg minors is yet another way of lowering…[Read more]

]]> 387b13f86ff17648d5ee6fb496d8488c https://www.propertyinvesting.com/topic/4400113-is-it-worth-it-to-invest-this-way-many-thanks-for-all-the-help-i-can-get-ed/#post-4625389 Wed, 02 Jun 2010 06:33:45 +0000 Hi Ed, & who said Aussies don't save???You're alright, man!The numbers you posted should put you somewhere in the neutral gearing position, with depreciation & -ve gearing.Please pay attention to the comments about the deposit. The savings should pay off the house asap while the loan on the IP keep increasing.You do this by 'borrowing' to pay for…[Read more]

]]> 6b1deeea2c446a7eeea217d1ad6c2d37 https://www.propertyinvesting.com/topic/4400107-trusts-for-singles/#post-4625369 Tue, 01 Jun 2010 11:41:53 +0000 hI, just wondering what are the ongoing costs?KY

]]> 344f647ca9a3b4dce3ec5d029f97413a https://www.propertyinvesting.com/topic/4400087-ip-did-we-leave-it-for-too-long/page/2/#post-4625183 Tue, 01 Jun 2010 03:43:04 +0000 Hi, the calculations go like this:Contributions = $18000 [9K x2] x 25% [40% tax bracket – 15% tax] = $4500 That alone is enough to pay ongoing costsAdd employer contributions of $18000 [don't know how this part works out later]The rest of it is accrued through normal compound interest.Sure, 700K is not comparable to your Woodcroft home but look at…[Read more]

]]> d9a55d6c123e6e0f596996209cd24a42 https://www.propertyinvesting.com/topic/4400087-ip-did-we-leave-it-for-too-long/#post-4625175 Mon, 31 May 2010 07:44:22 +0000 Hi losty, your case made me really look at the numbers.It's so simple it's almost idiotproof.$9000 p.a. = $750 p.m. x 2 = $1500 p.m.Accrued         interest          tax saved$1500            $6.25              $31.25$3006.25       $12.53           $31.25At the end of 15 years, the total accumulated is $744430.50That doesn't include the t…[Read more]

]]> 9ac60a2e3065a1f716ccf5a46c979d6a https://www.propertyinvesting.com/topic/4400087-ip-did-we-leave-it-for-too-long/#post-4625172 Mon, 31 May 2010 04:00:25 +0000 Hi.how about this super scenario?Husband: $100K income – contribute 9% = 9K same as employer contributionsWife dittoSmsf costs = $6000 establishment, thereafter $3500 [this is very costly; can be much less]Consider Year 1 a wash. [Standard 40% tax bracket every year for 5 years, interest earned @5%]Year 2 : Tax savings = $$36000 x 25% = 9000 …[Read more]

]]> b1981082ac710ad83b70a88563905fdc https://www.propertyinvesting.com/topic/4399773-property-in-australia-in-still-very-cheap/#post-4623473 Tue, 04 May 2010 07:19:56 +0000 Hi, I was interested enough to play with the numbers for Singapore. I came in at 16x my salary for the kind of apt I'd qualify to buy.My godson on less than half my salary came in at 8x.For Malaysia, I came in at 12.6x, my nephew to buy at crap cement box low cost flat would be only 2.5xIncidentally, Singapore has a lot of restrictions on housing.…[Read more]

]]> 07dd6bafc694f7d6efb1cf993b7645ac https://www.propertyinvesting.com/topic/4399673-do-have-a-valid-point/#post-4623027 Mon, 26 Apr 2010 08:21:03 +0000 Hi, I'll wager the average price of houses in Crafers won't be 2M in 10 years. We lived in the hills [near Blackwood] and between 1990 and 2000, prices went backwards. There are also all kinds of cheap cottages albeit on big land.I'll not say Crafers is the hills suburb to go into the 2M average. It's more likely to be Auldana. I saw some $300K…[Read more]

]]> ef8d5b033c23c5de5bd7d536e0fdb54b https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/#post-4609597 Tue, 13 Oct 2009 11:10:48 +0000 Hi, is this Australia you're talking about? Property prices have been flat for 3 years? Where oh where? Can you name some suburbs please? I'm under the impression that even a hole in the ground has gone up in price. My PM actually said that someone might need it for a rubbish tip. And he's right. The holes in Wingfield have gone crazy in…[Read more]

]]> f00baefe20979a5e0b6c44f5d2323e1a https://www.propertyinvesting.com/topic/4397503-potential-investment-system/#post-4610214 Tue, 13 Oct 2009 11:05:27 +0000 Hi, $400000 to build a house? The builder is probably making 200000 from building it.KY

]]> cac2c0fbf426888bba8a713736cdf9d6 https://www.propertyinvesting.com/topic/4397417-next-step-mentor-planner-accountant/#post-4609882 Sat, 03 Oct 2009 11:36:46 +0000 Hi, consider the cost of trusts. If audit is necessary, you'll find that what you save just goes to pay the accountant, sometimes maybe even -ve.From what I know, trusts apply only if the value of the portfolio is sufficiently large.Re having enough to live on from properties, I'd suggest you leave out PPOR. It's not an investment, it's a…[Read more]

]]> 4f8baa27413282a22d011e371016127c https://www.propertyinvesting.com/topic/4397417-next-step-mentor-planner-accountant/#post-4609879 Fri, 02 Oct 2009 06:24:18 +0000 Hi PQ, don't berate yourself & don't fix what's not broke. Of course, you could have done better, so could I & so too could everyone else.Congratulations on being in the big M category. You've done what most of us did, jumped the deep end & then flailed around adn swam from necessity.I did exactly the same, didn't even know that I was a 'property…[Read more]

]]> ed5e3cdda25f6b4c31e1a9e0dfabd535 https://www.propertyinvesting.com/topic/4397380-what-is-a-good-raste-of-profit-for-development/#post-4609752 Fri, 02 Oct 2009 06:14:18 +0000 Hi Anthony, another poster, I think it's RumpledElf, said that she now looks at established homes rather than subdividable brokendown houses & I agree with her. I've seen houses show steady yield without the hassle of building. Building is much higher risk.If you can get 45K for 9 months work, by all means but I know someone [my brother in law's…[Read more]

]]> 71a6bdd386887e903cfa23376bc1ef27 https://www.propertyinvesting.com/topic/4397380-what-is-a-good-raste-of-profit-for-development/#post-4609747 Thu, 01 Oct 2009 02:04:09 +0000 Hi aj. yes, the sums were so compelling my agent said it was a bargain even without the subdivision.I sold in April 08 amidst all the GFC jitters. If I'd hung on I'd easily have made more with the FHB new house bonus. When I sold, that wasn't in the equation.The bank valued it $5K higher than what I paid originally & 6 months later, the valuation…[Read more]

]]> b21d305183991053beaefde41cbedacb https://www.propertyinvesting.com/topic/4397392-nodoc-loans-are-back/#post-4609797 Thu, 01 Oct 2009 01:23:52 +0000 Hi, doesn't matter as i'm on high commercial rates anyway. It's the term that I want. My current loan is short term 12 months. I will be happy with 2-5 years.i can even provide BAS, etc etc except that my taxable income is very low. That's the reason why the std bank loans are difficult for me. KY

]]> 5c700699fb09a275c290b7f0708b38e9 https://www.propertyinvesting.com/topic/4397392-nodoc-loans-are-back/#post-4609795 Wed, 30 Sep 2009 23:22:40 +0000 Hi Richard, would I be able to get one of these no docs?I have a $170000 loan matures in Feb 2010. It's a private loan @9.5% against a shop [3 tenants] council valuation around $340000 or a bit more. I have 3 other separate titles [commercial, unfortunately] that are unenc umbered. Value by council $360000 approx in all 3.KY

]]> fb3a93d2bb1f27312ac5533aeb4777b8 https://www.propertyinvesting.com/topic/4397380-what-is-a-good-raste-of-profit-for-development/#post-4609744 Wed, 30 Sep 2009 22:02:40 +0000 HI ajsc, my subdivisions were in Adelaide.The 3 year was because the builders were very slow to submit the final paperwork, at one stage I decided to let it slide because I saw the house prices shooting up. Didn't improve my profit margin cos interest rates rose as well. Just meant that my end value calculations were very good. The other one was a…[Read more]

]]> 331e923d028b4a6a7f84c6d1e285a189 https://www.propertyinvesting.com/topic/4397380-what-is-a-good-raste-of-profit-for-development/#post-4609737 Tue, 29 Sep 2009 21:38:09 +0000 Hi, your 8 mth timeframe is very efficient work. 45K profit is not bad.I did one similar to yours. It was supposed to take 1 year & profit would be 90-110 thousand.It took 2 years, I sold for approx 100 thousand profit, the buyer built and will make 100 thousand +Another one [4 houses] took 3 years and 75 thousand nett before tax so 300 thousand…[Read more]

]]> 5c9d9c279b83194e48375ff2466b773f https://www.propertyinvesting.com/topic/4397253-renovating-and-flipping-to-replace-a-regular-job/#post-4609090 Wed, 16 Sep 2009 23:28:39 +0000 Hi, good advice from Terryw. Your 5 IPs suggest that you know enough about property investing to do well in the area you wish to proceed.Doing it while working enables you to get funding. Obviously, you won't have time for much else! But that's what it's about, the passion to do it with all your soul. Weekends, holidays etc spent on renovating &…[Read more]

]]> e63ce3f8d8a19464b22a7ff70f7c9dd5 https://www.propertyinvesting.com/topic/4397248-which-strategy-to-take/#post-4609069 Wed, 16 Sep 2009 21:01:23 +0000 Hi, why not live in one of the IPs?Or defer living in the targetted PPOR until it's paid off then move into it? Eg, buy the house of your dreams/a tired house with good bones then use it as a rental, putting all savings into an offset acct.Near the end of the period, [6 years], or in between tenants, do major renos, then when you're ready to move…[Read more]

]]> a5396927bfcc47c98415ec64fefc9d59 https://www.propertyinvesting.com/topic/4397238-want-to-buy-first-ip-have-the-equity-but-just-cant-quite-figure-out-how-to-do-it/#post-4609034 Mon, 14 Sep 2009 08:28:29 +0000 Hi, are you sure of the costing? What about interest during the period of building & before the place can be tenanted? What about the finishings? Fencing, driveway, clothesline, air cond etc? Conveyancing, stamp duty, strata fees, etc>KY

]]> 49a887f525fb916205cac40f82ba6f45 https://www.propertyinvesting.com/topic/4397221-want-the-flat-need-a-loan-problem-loads-of-equity-but-my-jobs-not-permanent-yet-what-to-do/#post-4608950 Sat, 12 Sep 2009 21:38:50 +0000 Hi sheranj, I hope you know enough to shy away from people who offer get rich quick solutions.Stick to your guns, you have already done very very well. The HECS debt is not a lot and will get paid quite quickly.KY

]]> 63de24ed40be879c68171ff3adaae062 https://www.propertyinvesting.com/topic/4397221-want-the-flat-need-a-loan-problem-loads-of-equity-but-my-jobs-not-permanent-yet-what-to-do/#post-4608948 Fri, 11 Sep 2009 23:27:40 +0000 Hi, easy. If the broker can get you a standard bank loan, it means you're OK. Say total value = 700000 @ 70%LVR you have $490000 loans. Should be affordable. KY

]]> e48f24d87f85427f7b66ab168a356cf0 https://www.propertyinvesting.com/topic/4397218-advice-greatly-appreciated/#post-4608937 Fri, 11 Sep 2009 23:20:08 +0000 Hi, my sticky beak bit.You aim to have your wife not working. For that, you have to replace her current 30K p.a. which means you need to have $600000 invested. Have you considered that?So your idea of buying a $600000 PPOR in Brisbane is going to put you backwards instead of forward. Basically you will be no worse off but you won't be any better…[Read more]

]]> cf2cc68cefa2268a2d15b89d74aee4c2 https://www.propertyinvesting.com/topic/4397178-potential-for-future-price-increase-ingle-farm-adelaide/#post-4608757 Wed, 09 Sep 2009 22:41:05 +0000 Hi, is Ingle Farm only 13km from Adelaide?KY

]]> b9453cd687b38e48c2630a5a770fb9a4 https://www.propertyinvesting.com/topic/4397130-should-i-sell-4/#post-4608580 Mon, 31 Aug 2009 10:51:52 +0000 Hi, I bought 5 such units in NZ. If I have the choice all over again, I'd not have bought them. Not that they are bad investments, they're actually much sounder than shares or tree plantations or ostrich farms. The reason I'd choose not to buy them is that i'd have done far better with the funds on my own. The units yield 7.4% nett which is very…[Read more]

]]> b670dbb0c8e3e0bbe8ccf0c0a1c839c1 https://www.propertyinvesting.com/topic/4396351-first-time-commercial-property-investor/page/2/#post-4604637 Sun, 30 Aug 2009 01:26:28 +0000 Hi, you probably need to form an opinion on how easy/hare it'd be to find another tenant. Often, the existing tenant stays on. The profitability of the existing business is the most impt. If the tenant is making money, he's unlikely to move. Even if he moves, he sells the business to another person.Hairdressers are probably the most lasting…[Read more]

]]> 88e92f701be1db266377467bae7e17b8 https://www.propertyinvesting.com/topic/4397025-does-pre-approval-mean-nothing/#post-4608099 Sat, 22 Aug 2009 06:11:53 +0000 Hi, never too late, you're to be congratulated for getting through the tough job of getting the house. Good luck on your future endeavours.KY

]]> d4715c7e296199aaadfbc4ca4ae78fad https://www.propertyinvesting.com/topic/4397021-rising-interest-rates-will-kill-australians-confidence/#post-4608081 Wed, 19 Aug 2009 12:45:48 +0000 Hi W4life, you seem very concerned about rate rises. The variable rates are so low it seems laughable to consider fixing & fixing for a year doesn't seem to have much wisdom. You're likely to pay the spread which is around 1.5% for 12 months just to come off the fix when rates go up. The latest stock mkt jitters make it even more unlikely that…[Read more]

]]> b1863fe1bce64e52248e6b10dea725bb https://www.propertyinvesting.com/topic/4396991-getting-a-rough-estimate-of-construction-costs-as-a-first-timer/#post-4607964 Mon, 17 Aug 2009 07:33:30 +0000 Hi, this is what I did. The Yellow Pages & street directory are the most hardworking tools in my house.I jotted down the addresses of the major builders. Then I went to their offices. All of them had salespeople whom I could make appointments to talk with.Most imptly, all of them have brochures, some thick books with pictures. I asked for a price…[Read more]

]]> 78167ac8382fb19c029abc70e1183757 https://www.propertyinvesting.com/topic/4396949-will-prices-drop-after-september/#post-4607750 Sun, 16 Aug 2009 10:05:38 +0000 Hi, my variable rate is still 5.09% I'd decided earlier not to fix because I don't know when I'd sell. My view is that rates will remain low at least to the end of this year. I don't do much until it goes above 8% and then I pay off large chunks of the principal. In absolute amounts, I actually paid less interest when the rates were high. The…[Read more]

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