The trouble with school and uni is they both teach every one the same thing for each subject.There is very little scope for thinking outside the square. This would make it too hard to mark assignments and exams. The most important thing we can teach our children is how to think and asses the information they are presented with. Tradies, Plumbers…[Read more]

Misty,.723 is the radius squared!It has been converted from mm to metres.ie. it is 0.85 squared.Hope this is not too late.

I think the wealth score assesment page needs changing.It even says well done when your score is -1480.It should say OOOOPS! but if I change my PPOR to investment then I geuss things would be different.Yep just as I thought,score is now 904..Whew.

V8Ghia,It is a RAMS francise. The person I am dealing with is the owner of the franchised store. I have no intention of tryind to run the guy down as he may be telling me the truth but the longer it goes on the harder this is to believe, even though I like to give everybody the benefit of the doubt.I have since been in contact again with RAMS head…[Read more]

Since my last post on this thread, Progress has come crashing down.Earthworks has started but docs for release of funds have not come from RAMS. I called RAMS to find out what was holding things up as my builder ws getting a bit anxious. They informed me no loan increase had been applied for. Called broker to find out what ws going on. He said he…[Read more]

reeco,how much does a univestity degree cost??How much did your primary and secondary education cost?Twelve months of education costs alot of money.Would you be prepared to spend 5,000 on a car?That is garaunteed to loose money no matter how much work you put in.And you may even borrow money to buy that car.I haven't done the course and I am not…[Read more]

G'day AO,Here in the west most houses are of double brick construction.Why?I don't really know.They cost more to build, hold more heat, take longer to cool down but are generally quieter on the inside.Newer double brick houses tend to crack in the early years as the foundations settle but these cracks are not usually a problem.In WA it is easier,…[Read more]

Thanks all,I have now had approval and am waiting for the mortgage broker to send the docs to my builder.Hopefully the house will be finished by Easter.Thanks again,Mark

Hi Linda,I am with rams at the moment, We brought a block using one of their brokers and the only problem we had was the mortgage insurer took longer than anticipated. We have now applied for a construction loan using the same broker and RAMS and have had the same problem which has now been blamed on the end of the financial year. Originally (for…[Read more]

Hi Kerry,I have a friend who has an appartment as an investment property on a golf course in WA. He has not had any problems with tennants or finding tennants and as he is the owner, it includes membership to the world class golf course.He plays golf every morning in the summer and sees no pitfalls in the property being on the golf course.regards,Mark

Hi Vanessa,Ask your financial advisor if he/she has made as much money as Rob Kiyosaki. Then decide who's advice you would tend to follow in this area.Good luck.Mark

I think you will find that both Steve and Hans both started their investment strategies after a SEMINAR from Rob Kiyosaki.At the end of the day it boils down to putting stategies into place that you gleen from the course.If you are not prepared to act on the stategies then there is no point in spending the money or in other words if you spend the…[Read more]

Hi Linda,I am pretty sure that so long as your sister has some income (ie family payment) she can have her name on the loan and thus they will be eligable for the FHOG. I did this with my wife about 13 years ago and it worked out fine. The best way to find out for sure is to speak to a mortgage broker as they will help as much as they can to get…[Read more]

Hi Julius,

I am not sure how this works where you are but I have heard of caravan sites in WA will not allow you to rent out the caravans.

All the best.

Mark

My guess is she is embarrased at not realy making money on her investment except for the capital gain and wanted to look like a switched on investment guru. (Who knows, maybe she is) But at the end of the day she probably is making money hand over fist with the CG.

Hi queengucci,

Like Carl I work in the mining industry in Perth and what is happening in this industry does not seem like slowing down in the near future. Fortunately it is not only reliant on the local market but there is a lot of engineering being done here for overseas companies. Also the there is a lot of things happening in the oil and gas…[Read more]

Hi Cafall,

I live in WA and am astounded at how the Perth property prices have caught up to and now surpassed the other capital Cities in Australia. This is due mainly to the current resources boom (Global) and the extreme shortage of labour.

I work in an engineering firm in Perth, and looking at the work currently on the books for major…[Read more]

Hi Cafall,

I live in WA and am astounded at how the Perth property prices have caught up to and now surpassed the other capital Cities in Australia. This is due mainly to the current resources boom (Global) and the extreme shortage of labour.

I work in an engineering firm in Perth, and looking at the work currently on the books for major…[Read more]

Yes, but I haven’t sold the property yet and I wouldn’t considder selling it at the moment. Not until all the original blcks have been sold by the agent as I am sure they are worth more than what he is asking.

Originally posted by DanielCummins:
I assume though, that the cost out of your own pocket to finance the loan throughout that settlement…[Read more]

Nicolett,
I have a block in oakford WA bought off the plan.

There was a 5,000 deposit and the block was priced at 230,000. The titles were due in July but due to the boom this has been extended to around September. However I can’t see them being ready before December. The final release will be starting at 300,000 so we have made at least 70,000…[Read more]