PropertyInvesting.com | marg4000 | Activity https://www.propertyinvesting.com/members/marg4000/activity/ Activity feed for marg4000. Tue, 14 Apr 2026 14:59:43 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 bc5801ac931c51b5b833d34d63c73e68 marg4000 replied to the topic Is there any way for me to take advantage of the first home owners grant??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393556-is-there-any-way-for-me-to-take-advantage-of-the-first-home-owners-grant/#post-4589335 Sun, 22 Jun 2008 06:00:57 +0000 Sorry – no.Marg

]]> dd67f912c616f8ff1b07ca0aec74c39d marg4000 replied to the topic Tax deductibility on trip in the forum The ATO looks closely at https://www.propertyinvesting.com/topic/4393528-tax-deductibility-on-trip/#post-4589127 Sat, 21 Jun 2008 10:12:20 +0000 The ATO looks closely at these claims. Brisbane is an hour's drive north of the Gold Coast.  Hard to see you claiming much if you travel from Sydney to the Gold Coast for 3 days when your IP is in Brisbane.  Probably you could claim the cost of a hire car for a day to travel to see your IP.Our accountant told us that the ATO looks at interstate t…[Read more]

]]> bef9d1915ed7ef00bf016d03de7a96fb marg4000 replied to the topic 'Below legal height' in the forum Help Needed! https://www.propertyinvesting.com/topic/4393523-below-legal-height/#post-4589108 Sat, 21 Jun 2008 09:49:42 +0000 This is quite common in Brisbane and would not be much of a bargaining point.  Rooms without legal head height cannot be legally described as bedrooms, but are often used for that purpose.  A friend had a high house without legal head height on the lower level.  He built in a study, a sewing room and a storage room.Marg

]]> c7b15235c4ccba1e1814165625c65f39 marg4000 replied to the topic Should i buy in with partners parents??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393237-should-i-buy-in-with-partners-parents/#post-4587572 Sat, 17 May 2008 11:02:12 +0000 I would be strongly against it.Even though you take out your own loans, as joint owners you are all responsible for all loans.  So if one defaults, then the others have to pay up or risk the house being repossessed, with the resulting damage to credit ratings.You will not get the FHOG – boyfriend's mum already owns property.  And if you live t…[Read more]

]]> 3672261f2f0b489300001bdc6db78c6b marg4000 replied to the topic Do I go guarantor for my HUSBAND - 1 yr only HELP HELP HELP in the forum The figures don't add up.  https://www.propertyinvesting.com/topic/4393225-do-i-go-guarantor-for-my-husband-1-yr-only-help-help-help/#post-4587535 Sat, 17 May 2008 10:57:38 +0000 The figures don't add up.  If your husband bought the house for $350K and his uncle loaned him $150K interest free, then the initial loan should have been $200K (or maybe a little more to pay for purchasing costs).  He owes the bank $288K, and still has $20K outstanding debts.  This means that he had approximately $100K in debts before he bo…[Read more]

]]> fb8d417ff25db36454f24c4a980dab47 marg4000 replied to the topic 1st time buyer - Vacant land without essentials connected in the forum Help Needed! https://www.propertyinvesting.com/topic/4393032-1st-time-buyer-vacant-land-without-essentials-connected/#post-4586202 Sun, 27 Apr 2008 10:09:19 +0000 This block of land has many problems, and unless you can get road access and services connected then you will be unable to build on it and it will be virtually worthless.  I would have thought that without access then the land could not be subdivided and sold.I suggest you look for land that has all services already available.Marg

]]> 7452a213fae27f893aafb7636cf1f696 marg4000 replied to the topic swimming pool in the forum General Property https://www.propertyinvesting.com/topic/4392932-swimming-pool-2/#post-4585801 Fri, 25 Apr 2008 06:40:36 +0000 We own an IP with a pool on the Sunshine Coast Qld.We have had no issues with it so far.  It is written into the lease that the tenant must supply a certificate from a pool shop before leaving to say that the chemical balance is correct.  So far our tenants have been happy to maintain it.  Naturally we pay for any repairs to the pump, filter, sa…[Read more]

]]> ce4e2c73541764226c7aef8c2ba497b4 marg4000 replied to the topic Interest Rates in the forum Finance https://www.propertyinvesting.com/topic/4392654-interest-rates-20/#post-4584366 Wed, 19 Mar 2008 05:56:19 +0000 Today I was at the Commonwealth Bank renewing term deposits for my mother.Interest rate?7.75% for 3 months8.1% for 6 monthsThis means that the CBA is allowing for another .25% rise in the next few months.Marg

]]> eadd5f84dbbcc57d949dc2137be2792a marg4000 replied to the topic Suburb Rental Demand in the forum Go to the rental section of https://www.propertyinvesting.com/topic/4392677-suburb-rental-demand/#post-4584471 Wed, 19 Mar 2008 05:53:59 +0000 Go to the rental section of http://www.realestate.comSee how many properties are available for rent and at what price.Marg

]]> 07a9e409d0f19900c36b7bd6c576b827 marg4000 replied to the topic Keeping it real?? in the forum General Property https://www.propertyinvesting.com/topic/4392678-keeping-it-real/#post-4584477 Wed, 19 Mar 2008 05:52:25 +0000 What is generally overlooked is that any article predicting the future is simply someone's opinion.  For every point of view there is an opposing point of view that is equally valid.This is the third real estate downturn I have seen (and being in Brisbane it really can't be called a downturn yet, more a slightly slowing down).  Auction results a…[Read more]

]]> 9fabf6fb974ee8aa9f35ebde366ee4a3 marg4000 replied to the topic do i still need to offer a deposit??? in the forum General Property https://www.propertyinvesting.com/topic/4392454-do-i-still-need-to-offer-a-deposit/#post-4583448 Sat, 15 Mar 2008 11:23:19 +0000 You can try offering no deposit, but it will depend on the vendor whether it is accepted.There is no way I would sign a contract to sell a property without a substantial deposit.  Why?  Because once I sign a contract the property is off the market.  Then the buyer can walk away if there is no deposit.  To me a deposit is a sign of good faith and…[Read more]

]]> feee2c48d186069e18bc2e4bb39f2f57 marg4000 replied to the topic My Predicament - Any advise would be great in the forum Help Needed! https://www.propertyinvesting.com/topic/4392545-my-predicament-any-advise-would-be-great/#post-4583819 Thu, 06 Mar 2008 06:23:41 +0000 My suggestion would be to untangle your finances from your brother – there are two properties that you both own.  Have you thought of putting one in your name and one in your brother's?  It would probably need a cash payment from one or the other.  Yes, there would be fees and possibly CGT, but I would think that the sooner you are acting in…[Read more]

]]> f57563f144e565704b1a449ca0448ea2 marg4000 replied to the topic Price for garden clearup?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392407-price-for-garden-clearup/#post-4583187 Thu, 21 Feb 2008 05:36:40 +0000 Hi TingataYou would be truly surprised at the amount of bark and branches that gum trees shed, particularly large ones.Another option would be for the rubbish to be removed.Perhaps your manager could obtain another quote to rake up and remove the rubbish.Your neighbour will be concerned because of the bushfire danger.Marg

]]> d93792a24eb319c11ec526d1dfdb9473 marg4000 replied to the topic Group sales activity in the same block ??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392282-group-sales-activity-in-the-same-block/#post-4582624 Tue, 19 Feb 2008 10:59:30 +0000 It could be simply that once owners saw the prices the other units were receiving they decided to sell too.It is the same with different streets.  The street behind ours had seven houses sold within 3 months, after several years of inactivity.Marg

]]> 81dbbdd97ac4a9434b3e37631b130b2f marg4000 replied to the topic 1 wage, partner made redundant, 1 IP...... in the forum Help Needed! https://www.propertyinvesting.com/topic/4392356-1-wage-partner-made-redundant-1-ip/#post-4582969 Sun, 17 Feb 2008 04:50:44 +0000 Hi PaulDon't sell.Your comment "there is not much money left at the end of the week" means that you are able to meet your payments.Tighten your belts just a little and you will be OK.  You don't have to have ANYTHING left at the end of the week, so long as you are paying your way then you will be fine.Can your partnet get even part time work to…[Read more]

]]> e6f7840da789ebb7f96ed6785ed8adf8 marg4000 replied to the topic Ethical question in the forum Help Needed! https://www.propertyinvesting.com/topic/4392339-ethical-question/#post-4582870 Sun, 17 Feb 2008 04:44:33 +0000 I am concerned that you signed contracts without reading them carefully – what if the error had been in the vendor's favou?.Having said that, by law a contract is an agreement which is legally binding on both parties.You are under no obligation to do any more than is in the contract.We sold a unit last year.  I assumed that the dryer would be…[Read more]

]]> 86dd69af4197a6e542a08352cdb5bcbf marg4000 replied to the topic Hep with rough estimate for floorboards + paint in the forum Value Adding https://www.propertyinvesting.com/topic/4392291-hep-with-rough-estimate-for-floorboards-paint/#post-4582664 Wed, 13 Feb 2008 09:43:18 +0000 Check with your body corporate to ensure that floor boards are allowed.Some buildings won't allow them because of noise issues, particularly if you are on a higher floor with another apartment directly below.Marg

]]> 8b7465773f667f98d9ce032d4e7a45de marg4000 replied to the topic Good Property manager's and How to Find them in the forum Help Needed! https://www.propertyinvesting.com/topic/4392294-good-property-managers-and-how-to-find-them/#post-4582677 Wed, 13 Feb 2008 09:41:18 +0000 Hi JamesOne thing to check is the amount of notice needed to terminate the agreement.  Most agents try for 90 days, which is 3 months too long if there are problems.  I would suggest no more than 30 days, that should give them time to sort any issues out.I would suggest going with someone local, but the main avenue these days is the internet.  Ch…[Read more]

]]> 50a31152420f1fbf12a23539c8c907a8 marg4000 replied to the topic Is it worth the risk? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392321-is-it-worth-the-risk/#post-4582773 Wed, 13 Feb 2008 09:36:43 +0000 I remember reading some time ago that one problem with Queenstown was that there were no PMs in town, so when it came to renting owners were very much on their own.Things may have changed.Marg

]]> 968a4503870d31154ad0a6118274d120 marg4000 replied to the topic syndicates in the forum Help Needed! https://www.propertyinvesting.com/topic/4392324-syndicates/#post-4582776 Wed, 13 Feb 2008 09:33:18 +0000 Why not simply buy one unit each?Marg

]]> 3a85506d72917140547db27a2f66a00a marg4000 replied to the topic Help me with this deal i got offered plz... in the forum Help Needed! https://www.propertyinvesting.com/topic/4392105-help-me-with-this-deal-i-got-offered-plz/#post-4581649 Sun, 27 Jan 2008 09:44:08 +0000 I'm with Marc here – if this was any sort of good deal then why on earth isn't it being marketed in Brisbane?My daughter is a nurse, and they certainly don't earn enough to pay $1100 in rent unless about 8 of them can share.For $420K you will be able to buy a decent house approx 12-15km from the city, with far better prospects of capital…[Read more]

]]> d8389ef9fd80ae7f78141c204e3a4587 marg4000 replied to the topic Refurbished Apartments? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392023-refurbished-apartments/#post-4581166 Sun, 20 Jan 2008 10:07:21 +0000 Look at the worst case scenario.The motel/apartment operator goes bust.  There goes your income and your rental guarantee.Who can you rent to?  Many motel rooms are simply a bedroom and a bathroom, and would not be suitable for anyone other than overnight guests.  Some are more like studio apartments with cooking facilities etc, which are a li…[Read more]

]]> 82eae16d859d03570c4210bb74a48a87 marg4000 replied to the topic Buying a car ppark in the forum Creative Investing https://www.propertyinvesting.com/topic/4391992-buying-a-car-ppark/#post-4581023 Sat, 19 Jan 2008 02:50:52 +0000 Check out whether you are liable for council rates.There was some publicity in Brisbane some time ago when car parks first became available for sale and the Council was charging full Council rates (including water and sewerage) on EACH car park.  Clever cartoons showing carparks with loos and taps.Many years ago, not sure of the situation today,…[Read more]

]]> 663aedbf3e7601988afa5136505fb6f1 marg4000 replied to the topic Whats best way to put a property on hold while checking my finance ? in the forum General Property https://www.propertyinvesting.com/topic/4392011-whats-best-way-to-put-a-property-on-hold-while-checking-my-finance/#post-4581107 Sat, 19 Jan 2008 02:34:54 +0000 Hi MaxOnly way to tie up a property is to put it under contract.  Maybe you can get a vendor to accept a longer finance clause.For this reason we always arrange finance as the first step in buying a property, even before starting to look.  Gives us precise information as to what we are prepared to pay, and the complete financial scenario for any p…[Read more]

]]> 4a93abffb605a6b4f97bed44a2684156 marg4000 replied to the topic real estate agent not releasing my rental money in the forum Help Needed! https://www.propertyinvesting.com/topic/4391747-real-estate-agent-not-releasing-my-rental-money/#post-4579119 Sat, 29 Dec 2007 06:12:41 +0000 Our PM remits payments twice monthly, once on the 15th and again at the end of the month.  It was one of the reasons we chose them.Marg

]]> 29870c86784525d2d7704178036716ae marg4000 replied to the topic Bank to rise interest rates! in the forum That is a question no-one https://www.propertyinvesting.com/topic/4391749-bank-to-rise-interest-rates/#post-4579125 Sat, 29 Dec 2007 06:10:45 +0000 That is a question no-one can answer for sure.Everyone has an opinion, and each one is equally valid.  For my part, I don't think we have seen the end of the interest rate rises.   A lot will depend on events overseas completely out of our control.Marg

]]> 1de3f816e9960cc44830e725645c4951 marg4000 replied to the topic comments by Steve Mcnight on slump in the forum General Property https://www.propertyinvesting.com/topic/4391394-comments-by-steve-mcnight-on-slump/#post-4577002 Sat, 10 Nov 2007 10:05:38 +0000 IMHO the main difference between now and the 1990/94 recession is the percentage people can borrow.  Not sure what the exact figures were in 1990, but when we built our first house in 1975 the bank would only lend 66% under savings bank rates, any more and higher interest rates were charged.  100% mortgages were unheard of, and even 80% was d…[Read more]

]]> 36e56ed3f932758c5f687324cd187f01 marg4000 replied to the topic Sould I keep a Cash Reserve? in the forum Finance https://www.propertyinvesting.com/topic/4391174-sould-i-keep-a-cash-reserve/#post-4575958 Sun, 21 Oct 2007 04:45:33 +0000 Hi DucI can understand that you are feeling overwhelmed.  Take a deep breath and sit down for a while!!You are in a wonderful position and really can't go too far wrong.  Even if you do absolutely nothing but maintain your present portfolio then you will have far more assets than you will ever need or want.But it is great that you want to move f…[Read more]

]]> 127b6d0cea0f8291330197778ed8f7a6 marg4000 replied to the topic Which are the good Public schools in Brisbane ? in the forum General Property https://www.propertyinvesting.com/topic/4391186-which-are-the-good-public-schools-in-brisbane/#post-4576011 Sun, 21 Oct 2007 04:35:40 +0000 I work in a large state school, and would suggest that you look for schools to suit your daughters' personalities and individual styles.  For example, a quiet child may do better in a small school.  Some schools specialise in students who excel in music, sport or performing etc.  Any student can get a good OP in any school, an OP is earned by th…[Read more]

]]> 5f65e291011f8037f6f52b86964a0afe marg4000 replied to the topic Pets in a Rental Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4391037-pets-in-a-rental-property/#post-4575372 Sun, 21 Oct 2007 04:21:48 +0000 It will be really hard to change the lease.  The tenants will probably claim the dog is "visiting" or that they are "minding it for friends".We had an issue with one of our IPs when we found out that instead of the 5 people listed on the lease there were actually 9 people living there.  The tenants claimed they were "relatives" who were &q…[Read more]

]]> af12d028ffd06d27ffebb392dc874aed marg4000 replied to the topic Broken Hill - has it got any life left in the forum Help Needed! https://www.propertyinvesting.com/topic/4390895-broken-hill-has-it-got-any-life-left/#post-4574612 Sun, 23 Sep 2007 09:11:06 +0000 Hi EmmaIf the vendors are living in the house, which I presume they are as they want to rent it back, then I would be very concerned about boarded up windows. To me, it shows a lack of attention to maintenance, which may be evident throughout the rest of the house.From looking at many properties over the years, the reason for a personal…[Read more]

]]> 02d6ecc0beb591a0dcdf7dd0d44e7275 marg4000 replied to the topic Want to Sell - investment or owner-occupied? - Advice required please in the forum Hi Alex It really does not https://www.propertyinvesting.com/topic/4390811-want-to-sell-investment-or-owner-occupied-advice-required-please/#post-4574233 Sun, 23 Sep 2007 09:02:42 +0000 Hi AlexIt really does not matter who you sell to, you want the person who can pay the highest price.  And you will only get the highest price by making your property attractive to the largest market possible.If the unit is tenanted, then the purchaser must honour the lease, so that will limit your market.  Obviously a good time to sell is near t…[Read more]

]]> 6bbff5079ac45d903675a88d43fc6a14 marg4000 replied to the topic Can I sub divide common property in a unit complex of 6 so that we have private individual back yards....??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390822-can-i-sub-divide-common-property-in-a-unit-complex-of-6-so-that-we-have-private-individual-back-yards/#post-4574268 Sun, 23 Sep 2007 08:54:49 +0000 Hi MatYou will need 100% agreement from owners.Some points to consider:From the layout of the unit block, will everyone gain exclusive use of the same area?  If all areas are identical you have a better chance of agreement.  If some units are gaining more, then some sort of monetary compensation will probably be necessary to get the agreement of u…[Read more]

]]> f3196cda0dfecc40af99762d22d5100a marg4000 replied to the topic Confsion Reigns! in the forum Value Adding https://www.propertyinvesting.com/topic/4390862-confsion-reigns/#post-4574444 Sun, 23 Sep 2007 08:46:09 +0000 Hi RichardI think we all beat up on ourselves looking for the "perfect" investment, but like life in general it just doesn't happen.  If you have been reading and researching then it is hard to go too wrong so long as you intend to hold for at least 10 years.Time works its magic and your investment becomes more valuable with the passing years.  W…[Read more]

]]> 7e64a0db960032ccf3b9210040ffc19c marg4000 replied to the topic Weekly rent Vs Monthly rent confusion. in the forum General Property https://www.propertyinvesting.com/topic/4390881-weekly-rent-vs-monthly-rent-confusion/#post-4574539 Sun, 23 Sep 2007 07:58:56 +0000 It's quite simple Swifteagle.To be absolutely correct, you must bring the rental back to per day.If the rental quoted is weekly, divide by 7 (to give a daily figure) multiply by 365 (to give yearly, let's forget leap years) then divide by 12 to bring it the monthly equivalent.  This evens out the bumps in the days of the months.The reverse…[Read more]

]]> 84679e45dbde795a05271c242f7cf100 marg4000 replied to the topic Save 1 Billion Dollars Plus with a single cut !! in the forum General Property https://www.propertyinvesting.com/topic/4390679-save-1-billion-dollars-plus-with-a-single-cut/#post-4573377 Tue, 11 Sep 2007 10:41:10 +0000 Can't help out either.  We have only 1 CC, use it for all bills etc then pay it off every month.  Used properly (i.e., don't pay interest) it is the best thing since sliced bread.Marg

]]> 3a806c8994c5eb89cdea7668b8c5a388 marg4000 replied to the topic GCCC - Registration of Rental Accommodation - Advice Needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390729-gccc-registration-of-rental-accommodation-advice-needed/#post-4573874 Sat, 08 Sep 2007 02:37:01 +0000 Don't stress, Angelwings.We have owned rental properties on the Gold Coast and your rates will NOT be much higher – I think that rate rises are capped to the rate of inflation for owner occupiers.  But once the property is sold the rates reset at the going rate.  What you will get is an account for about $40 for registering a rental property.  Th…[Read more]

]]> 58b79f32ab7b380f746d333b533f05a6 marg4000 replied to the topic Where do you see property investing in the next ten years in the forum General Property https://www.propertyinvesting.com/topic/4390298-where-do-you-see-property-investing-in-the-next-ten-years/#post-4571132 Sat, 28 Jul 2007 05:30:00 +0000 I must agree Jon.Interesting story in this morning's Courier Mail about housing affordability, featuring a young woman who had just bought her first home, a $320K unit at Wavell Heights, (an "in" suburb about 7-8km from the Brisbane city centre).  She said that she could have bought a cheaper property, but it would have been further out, and the…[Read more]

]]> 0415f4df65cba2cd63ed74f4577d4ce2 marg4000 replied to the topic rental guarantee in the forum No Subject https://www.propertyinvesting.com/topic/4388524-rental-guarantee/#post-4562679 Tue, 20 Feb 2007 09:43:27 +0000 Many rental guarantees are financed by inflating the price of the property, i.e., you pay extra for the guarantee.

The guarantee is only as good as the company that guarantees it – often a $2 company that is only interested until all the houses/units/townhouses are sold. If they go broke then your guarantee is worthless.

The guarantee is often…[Read more]

]]> 0b4280cea92b5f08bb222d0e52d49073 marg4000 replied to the topic HELP NEEDED PLEASE in the forum Help Needed! https://www.propertyinvesting.com/topic/4388386-help-needed-please-2/#post-4561953 Fri, 09 Feb 2007 13:16:58 +0000 Hi Cherry

There have been lots in the same position as you.

You may be a bit young to remember the scandal of the “two tier” marketing in south east Queensland in the early 1990s where interstate investors were sold properties $20K-$30K over their value, i.e. $120,000 townhouses were being sold for $145,000.

Much gnashing of teeth, endless…[Read more]

]]> f5e0d6cadfe3d596a834b32742062824 marg4000 replied to the topic Just being made Redundant - need advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4388272-just-being-made-redundant-need-advice/#post-4561438 Thu, 01 Feb 2007 11:26:44 +0000 Hi Ty

My husband has been made redundant twice, so it is a case of “been there, done that”.

Advice?

Get a good accountant’s advice as to the structure of your payout from your company to make sure you take advantage of the tax benefits in a redundancy payout. Things like the wording and the way the money is paid can make a huge difference to…[Read more]

]]> 40e89fd43dcd4f1c8578ac2629ccd650 marg4000 replied to the topic Country town - going forward or backward? in the forum No Subject https://www.propertyinvesting.com/topic/4388197-country-town-going-forward-or-backward/#post-4561154 Sat, 27 Jan 2007 12:19:31 +0000 Hi Louis

Sounds like you are close enough to ask people.

Forget the mayor and real estate agents and anyone else who has a vested interest.

Walk around and chat to the people you meet – people love to give advice and older people are often eager to chat. Find out if the number of kids at school are increasing or decreasing, look for empty…[Read more]

]]> a86feae892e07c6ab08e10ca43aa7536 marg4000 replied to the topic Site painfully slow? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388189-site-painfully-slow/#post-4561120 Fri, 26 Jan 2007 11:34:34 +0000 I find this site a bit on the slow side, and I am on broadband.

I have found that when I want to read a topic I right click and open it in a new window. When I have finished I simply close the window and the original list is still there. I have found this saves quite a bit of time rather than going forwards and backwards.
Marg

]]> a205c397f56103049ce46cd5a9ded79b marg4000 replied to the topic Land Deductions in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388187-land-deductions/#post-4561102 Fri, 26 Jan 2007 08:13:12 +0000 I recall reading about an ATO ruling for an individual that allowed deductions while holding a block of land. From my hazy memory it was a fairly exceptional set of circumstances that involved the intention to build a house, continual delays and then a complete change of circumstances which meant the house was never actually started despite all…[Read more]

]]> 0570e66c1933132c48c92b957a2067f3 marg4000 replied to the topic blackwater queensland in the forum General Property https://www.propertyinvesting.com/topic/4388191-blackwater-queensland/#post-4561125 Fri, 26 Jan 2007 07:24:38 +0000 Be aware of the increasing popularity of “fly-in fly-out” employment in mining towns where the worker’s family lives in a coastal city and the worker is flown in to work for a certain number of days then flown home for his/her days off. This reduces the demand for family homes.
Marg

]]> 01aa04db27ccddb080131e58fa5a47fa marg4000 replied to the topic 12 month CGT discount in the forum No Subject https://www.propertyinvesting.com/topic/4388192-12-month-cgt-discount/#post-4561131 Fri, 26 Jan 2007 06:13:31 +0000 Adam

It is contract date (purchase) to contract date (sale). Some advise waiting another day or two for the sale date just to be absolutely certain.

CGT is only one aspect, if you have a very good price offered you may decide to accept the certainty of the sale and pay the tax. After all, if you procrastinate the purchaser may decide not to…[Read more]

]]> 741b61ab6dae27f455d01275c898db7d marg4000 replied to the topic Going By The Book Is The Way To Go Broke in the forum No Subject https://www.propertyinvesting.com/topic/4388120-going-by-the-book-is-the-way-to-go-broke/#post-4560769 Fri, 26 Jan 2007 03:47:43 +0000 Despite owning IPs for 15 years or so I am an avid reader of RE and investment books, and can usually find something of interest or a new way of looking at things.

My main gripe with RE books is the way they gloss over maintenance issues. Hot water systems, range hoods, exhaust fans, stoves can have a life expectancy of around 10-15 years (less…[Read more]

]]> 1dc42e855254cba27197746db5f3db61 marg4000 replied to the topic What can I do... in the forum Help Needed! https://www.propertyinvesting.com/topic/4388164-what-can-i-do/#post-4560993 Fri, 26 Jan 2007 03:24:01 +0000 “If anything I wouldnt mind using some of the equity on my parents home. The house is paid off valued at $420k, so since its been paid off does that mean there isnt any equity available?”

My husband and I worked long and hard to pay off our PPOR (as well as having IPs) and I would be very disappointed if one of my adult kids felt that the…[Read more]

]]> ef81c0c64659ba41182dbe6f54022ddc marg4000 replied to the topic Tenant paying problems in the forum Value Adding https://www.propertyinvesting.com/topic/4387966-tenant-paying-problems/#post-4560128 Fri, 12 Jan 2007 08:33:28 +0000 Don’t even think about taking out Landlords Insurance in this case without disclosing that you have a non-paying tenant. That’s like ringing up to insure your house against fire after it has burnt down. You must disclose all material facts about a risk, whether it is specifically asked for or not. Otherwise you risk being accused of fraud – and…[Read more]

]]> faf86fe04acbe23b325b692f9d2a1fe8 marg4000 replied to the topic inner-city suburbs have better growth-myth or fact in the forum Finance https://www.propertyinvesting.com/topic/4387847-inner-city-suburbs-have-better-growth-myth-or-fact/#post-4559541 Sat, 06 Jan 2007 10:13:54 +0000 Inner city suburbs show greater increases in median prices than outer suburbs, but I can find no evidence that the cost of renovations are taken into account.

In Brisbane prime suburbs like Auchenflower and Bulimba have had spectacular growth over the last 10-20 years. But the houses of today are vastly different to the houses of 10-20 years…[Read more]

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