[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

May 28, 2005 - 2:04 am

That’s just wonderful, Dazzling!

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

April 12, 2005 - 2:50 am

For the ACT, there is the Property Owner’s Association. You can e-mail them at [email protected] to join their mailing list and add any comments you like to the current discussion. I’m sure there are similar lists for other states and territories.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

February 24, 2005 - 8:25 am

Welcome back Bear! I was wondering where you had got to. Good to hear you’re all better now.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

February 24, 2005 - 8:24 am

It might be worth your time to try AAMI as well. I find them to be quite competitive with their rates.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

February 11, 2005 - 7:29 am

You would lose your deposit (whatever is written into the contract for this amount, usually 5%-10% of purchase price). Also, you would still have to pay your solicitor’s fees.

If you don’t have preapproval NEVER go into a contract without a finance clause. You just never know what the banks might see as a problem that you hadn’t forseen.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

February 11, 2005 - 5:57 am

Originally posted by shar30441:

Yes. See ID2002/764 in the ATO legal database. I can’t get the link to show up properly here, but go to the ATO legal database at http://law.ato.gov.au/atolaw/search.htm and use the search function on “2002/764”.

This is the link to the document mentioned above if you are interested.

http://law.ato.gov.au/atolaw/view.htm?find=%222002%2F764%22&docid=AID/AID2002764/00001

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

February 11, 2005 - 4:21 am

I would spend about $500K on a very nice house and would invest the rest in real estate + shares.

Next question:-

2. If you achieved financial freedom so that you no longer needed to work, what would you do with all the extra time?

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

February 8, 2005 - 11:43 pm

Here’s a stamp duty calculator for you:-

http://www.yourmortgage.com.au/calculators/stamp_duty/

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

February 7, 2005 - 5:35 am

Thanks for all your help Jo. I will give the ATO a call and see what they say.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

February 7, 2005 - 5:07 am

Thanks for that Jo. So to determine the value of the property at the time I moved out, will the bank valuation be enough for that?

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

February 3, 2005 - 3:49 am

Have you thought about buying the place in Brisbane in a trust and renting the property from the trust for you and your partner?

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

January 31, 2005 - 4:08 am

Have you thought about setting up a trust and putting your two existing properties into it? You will have to pay CGT and stamp duty, but it may be a better option than searching for other equally as good investments.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

January 24, 2005 - 6:28 am

I met mine through a mutual friend who told me that my now husband was a druggie and that I shouldn’t go near him. I stayed away from him for 18 months, but then realised that he was actually OK. We went out on our first date that night and we’ve been together ever since. We’re married now too.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

January 11, 2005 - 8:05 am

Maybe she would be better off investing in managed funds or a property trust?

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

January 11, 2005 - 5:33 am

I don’t know about insurer brokers cause I have my insurance directly through the insurer. But anyway, I can recommend Terri Scheer for insurance, they have competitive prices and they cover you for third party claims as well. It costs me $260 a year for a 2 bedroom unit in Canberra City which I think is well worth the money.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

December 22, 2004 - 7:54 am

My husband had the same sort of problem. We didn’t find out about the overdue account on an old place he rented until we went to purchase our first home. We missed out on buying that home because of it. Later, we managed to find a very good mortgage broker and he said just to write a letter for the bank and mortgage insurer’s stating why the bill was overdue, that you had paid it on such and such a date and that it was now resolved. We got that loan no problems.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

December 13, 2004 - 6:45 am

I can help you out with questions regarding the ACT. A typical property manager here will charge you between 8%-10% + GST for managing your property. They will usually lower this if you have more than one property with them.

With repairing the property, you can instruct the property manager to contact the repairer on your behalf and you can also allow them to go ahead with any repairs automatically that fall below the amount agreed between you and them (ie. any repairs under $100 can be authorised by the property manager on your behalf).

You can either give them a list of your preferred repairers, otherwise they will usually just ring one from their list.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

December 13, 2004 - 3:53 am

I have an HP psc 750. It is very good. Haven’t had a problem with it. The cartridges are a bit expensive, but you can get no-name brand ones from Kmart for about $30. It doesn’t have a fax, but I’m sure the one with fax is just as good.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

December 8, 2004 - 7:12 am

I absolutely hate it when someone speeds up to overtake you, then cuts you off coming over into your lane and then slams on the brakes to get back down to the speed limit. That really gives me the s***s.

Thanks,
Luckyone

[luckyoneMember@luckyoneJoin Date: 2003Post Count: 148]

December 8, 2004 - 6:33 am

If I were you, I’d buy a Honda Civic 1988 model, you can pick one up for about $3,000 – $5,000 and it will be in excellent condition. I had one as my second car (after my first one got stolen) and it never gave me a day of trouble. Sold it after 5 years when I decided I needed a “new” car because it would be better for long trips.

I have since realised the error of my ways and gone back to another nice ’88 Honda Civic. Best car out there for that price range I reckon.

Thanks,
Luckyone