Since 2001 | Total Members: 161,356

melbear

  • melbear replied to the topic PropertyInvesting “insider” in the forum No Subject 22 years, 1 month ago

    Powmow, I think it is different for each state as to the number of vendor bids one can have.

    Cheers
    Mel

  • melbear replied to the topic Does this forum have email alerts? in the forum Forum Frolic 22 years, 1 month ago

    St George had one similar. I’ve now had two phone calls from them the day after I’ve transferred a couple of thousand between accounts asking did I do that as a random way of checking if people have been had.

    Cheers
    Mel

  • melbear replied to the topic Australian Idol Winner ? in the forum Forum Frolic 22 years, 1 month ago

    Hi all

    Last night was the first time I had watched for more than 10 seconds – I was at my folks holiday house, so had control over the TV[:)][:)]. Cosima’s voice was certainly very, shall we say, sick sounding? I think her throat must have taken a beating or something.

    I didn’t hear Shannon singing One until the final bit at the end, but I really…[Read more]

  • melbear replied to the topic Renovation for starters in the forum No Subject 22 years, 1 month ago

    Hey Glenn

    The only reno I’ve done was a bit of paint, and a new kitchen, so I’m afraid I’m not much help.

    For books on renos, have a look at the API, at the back of the magazine they list a whole heap of books on various subjects – and the Reno Kings feature in some articles every month.

    Cheers
    Mel

  • melbear replied to the topic tassie properties in the forum General Property 22 years, 1 month ago

    wrxboy, if your major concern is thet potential structural problems, the first thing that I would do would be to get a good building inspector to have a look and advise as to future issues. Then take it from there.

    Cheers
    Mel

  • melbear replied to the topic Dear Steve…God & Financial Freedom in the forum Heads Up! 22 years, 1 month ago

    I believe that there is nowhere in the Bible that says we should be poor. I’ve also been told by some who study it that there are passages where basically it says that God wants you to be rich.

    Paul, even more of an example of why we are a good match. The wedding would have to be done by a Catholic priest (preferably in Church to please my…[Read more]

  • melbear replied to the topic Advice needed for beginner in the forum General Property 22 years, 1 month ago

    Platypus, remember that Robert Allen also often says ‘A confused mind says no’. In this instance I would suggest that this is what has possibly happened.

    Once you have signed that agreement with the Agent, you can’t get out of it unless they agree to let you go.

    Cheers
    Mel

  • melbear replied to the topic hold or sell in the forum General Property 22 years, 1 month ago

    If that is $708 per quarter BC for all three inclusive, that is fairly cheap. I am paying in some instances more than half that for only one unit. If it’s each then – ouch!

    If you do refinance to pay for the refurbs, the interest is still tax deductible as it is for investment purposes. I would definitely be looking at increasing the rent…[Read more]

  • melbear replied to the topic Which Advertisement You Like Most? in the forum Forum Frolic 22 years, 1 month ago

    Hey Eccles, I saw that one on the weekend too and thought it was excellent.

    My dad cracks up every time the run rabbit ad is on, and also the pie ad where the dog says ‘look at me, look at me, i’m good,’ etc.

    Cheers
    Mel

  • melbear replied to the topic Does this forum have email alerts? in the forum Forum Frolic 22 years, 1 month ago

    Yes Paul, it’s definitely been edited. Lucky I quoted him in my reply else no one would believe us!!

    I notice that he has also deleted his ‘LuckyPhil I think your a jerk!’ post from the 0-130 forum post.

    Cheers
    Mel

  • melbear replied to the topic [moved] Canberraites interested in Development? in the forum Value Adding 22 years, 1 month ago

    Sure Snowgum

    Cheers
    Mel

  • melbear replied to the topic If you think you can or can”t in the forum Heads Up! 22 years, 2 months ago

    Allan

    I don’t know if you’ve looked at cleanses, or wheatgrass juice or any of that sort of stuff. But when studying with Tony Robbins they give you all the health stuff – literally. To help get rid of all the toxins in your body, irrigation is really really good, and then you consume all the good stuff.

    Cheers
    Mel

  • melbear replied to the topic Property Managers… What Value do they add? in the forum General Property 22 years, 2 months ago

    quote:
    Mel

    In fact you do need qualifications to be a PM for other peoples property. The minimum a PM needs is an agent’s representative licence. But they need to work for someone with a full real estate agent’s licence. This does takes much study and a number of years of experience.

    You need a trust account which must be audited because you…

    [Read more]

  • melbear replied to the topic Property Managers and visits in the forum General Property 22 years, 2 months ago

    Denice

    I don’t know about the dinner, but definitely the airfare and accom is claimable, provided the purpose of your trip was the property, and you’re not staying up there for a week or so. Speak with your accountant to clarify – they have much better info than friends I have found out.[:)]

    Cheers
    Mel

  • melbear replied to the topic Renovation for starters in the forum General Property 22 years, 2 months ago

    Try without the .au I was typing from memory, and got it wrong.

    Cheers
    Mel

  • melbear replied to the topic property manager in Traralgon/Morwell in the forum General Property 22 years, 2 months ago

    fullout

    Fixed Term Tenancy just means that they have a signed lease for x months. Ie it’s not a month to month lease. I’m not sure about the rental though – I though it was x months from the last rise rather than the signing of a new lease. I would ask the new PM that you transfer it to about that one.

    Cheers
    Mel

  • melbear replied to the topic which bank? forget it in the forum No Subject 22 years, 2 months ago

    Hey Pinky, if the account is in your name etc. etc. how come you had to change the kids’ addresses?

    Next time just ring up and say we’re moving house and these are our account details.

    Our internet account is in my friend’s sons name – he moved back home, they had ADSL, so i took over his Telstra connection. I rang up to query the bill, gave…[Read more]

  • melbear replied to the topic Legalities in the forum General Property 22 years, 2 months ago

    Bear

    2) makes more sense with the additional info. I was thinking when I read your first post that you would need a seriously flexible/happy person to rent from you full time who would allow the holiday renters. I don’t see why it wouldn’t be legal. It would just make for some interesting explaining to your accountant![:)]

    1) Runs the risk of…[Read more]

  • melbear replied to the topic hold or sell in the forum General Property 22 years, 2 months ago

    Now you’re talking Paul.[:P]

    Bill, why could not Deborah change the title if in fact they are company title and she owns the whole lot? I have been told (I could be wrong of course[:O]) that it’s not that hard to change from Company title to Strata Title.

    Deborah, the properties sound like they are well and truly paying for themselves (did you…[Read more]

  • melbear replied to the topic Duplicating properties through capital growth in the forum No Subject 22 years, 2 months ago

    C2, if the valuation comes in at less than the one that’s there already – which has happened, I have to leave it as is. My banker did not say – hey, you better pay us some money to top it up – thankfully.

    Costs of refinancing can vary. If you are staying with the same lender and aren’t changing a fixed rate loan, it can range from $0 to $600ish…[Read more]

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melbear

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