Since 2001 | Total Members: 161,357

melbear

  • melbear replied to the topic Which is your least favourite TV show? in the forum Forum Frolic 22 years, 2 months ago

    Typical boys!! Of course you don’t like McLeod’s. It’s a chick flick!!

    Although to be honest, I don’t watch it anymore – they killed off Claire and I don’t see the point!

    If I listed the ones I don’t watch, I’ll be here a while! In fact, can’t say i’ve watched enough of them to ‘not like them’. Just didn’t ‘like’ them.

    Cheers
    Mel

  • melbear replied to the topic Which one is your favourite TV program? in the forum Forum Frolic 22 years, 2 months ago

    I heard it was the gay guys? Apparently the TV cameras didn’t show their celebratory kiss!!

    Cheers
    Mel

  • melbear replied to the topic Place comments about my spreadsheet here in the forum General Property 22 years, 2 months ago

    Fudge

    Can I have a look too please?

    melbear7attpg.com.au

    Cheers
    Mel

  • melbear replied to the topic Advice for my folks in the forum Hotch Potch 22 years, 2 months ago

    Peter

    Even if there are fees, you could pay them out of the re borrowings. If they only earn $1200-1400 per month, and are paying $850 per month in loan payments – ouch!! If the do refinance, they should try to pay more than the minimums though – especially if they want to start spending on the plastic again!!

    Cheers
    Mel

  • melbear replied to the topic DOES 11 SEC RULE STILLAPPLY IN OCT 2003!!!!!!!!!!! in the forum No Subject 22 years, 2 months ago

    Hi Taylah

    At realestate.com you don’t have to type in a location. you do have to choose a state. You can do a search based on price ie 0-200K, and it comes up with everything (although lots of auctions as well).

    Leave the *SHOW ALL SUBURBS* tag checked.

    Cheers
    Mel

  • melbear replied to the topic Steve’s book a “dud” in the forum Heads Up! 22 years, 2 months ago

    Pin

    Might I suggest that you post your very good suggestion as it’s own post? I did read your new topic, but I was more interested in this particular post.

    Captain Picard, I am more than interested to have you be a bird dog for me. If you want to drop me a line at melbear7attpg.com.au and explain the sorts of deals you have found, we can…[Read more]

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

    If it does check out, I would put down the cash you have so that you can keep the property as a stand alone. If you need to, or you can be doing it at the same time, refinance your PPOR/IP that has the equity so it is available to you for your next deal.

    Cheers
    Mel

  • melbear replied to the topic Brisbane Property Investment Support Group in the forum Forum Frolic 22 years, 2 months ago

    Yes Poltergeist you are right.

    Hi Rachel

    Welcome. Hula Queen is willing, but you should (hopefully) get more responses by posting in the Soap Box forum. From memory there are quite a few weird, I mean BrisVegasites who would be willing to catch up.

    Cheers
    Mel

  • melbear replied to the topic Buy Hold Never Sell in the forum General Property 22 years, 2 months ago

    Hey alf

    I am one of the don’t sell unless you have to brigade i’m afraid.

    If you are thinking of landlording, try Suzi Bilosh’s Aust Landlords Handbook (or some similar name).

    Most townhouses are in complexes these days, so I wouldn’t think of it as an apartment. I think that’s where the statistics go, but in my opinion they are very separate.…[Read more]

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

    Hi Peace

    I think the biggest drawback with these is the 40% (I thought it was about 30%?) deposit. For a 7% return! You can do much better things with that whole hunk of cash than settle for 7% with the other costs that Huey has mentioned.

    Is it the James Court – or Saville Suites?

    Cheers
    Mel

  • melbear replied to the topic Investors News!! NSW Bus Stop Shelters for Sale! in the forum No Subject 22 years, 2 months ago

    Ooh i hope not. Forum Fun has been very very quiet without them…..

    Cheers
    Mel

  • melbear replied to the topic DOES 11 SEC RULE STILLAPPLY IN OCT 2003!!!!!!!!!!! in the forum General Property 22 years, 2 months ago

    Forgot to say Fibejebe – congrats on quitting smoking!![:)][:D][8D][:P][;)]

    Cheers
    Mel

  • melbear replied to the topic rAty where are you? in the forum Forum Frolic 22 years, 2 months ago

    LOL[:)][:D][8D]

    Careful, Paul might want you to wash out your mouth again. I think I’ll get him under control though, we might be getting married.[:)]

    Do you want to come to the wedding? I saw you put your email on one of your posts, and I looked at your address and said ‘NO’, he can’t have a name – he’s Muppet![:I]

    Poor little ratties. Maybe Pinky…[Read more]

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

    I’m sorry. I really don’t understand people saying now is not the time for +cf IPs. why the heck not? I’m surely more than happy to be making money than having to pay it out each week!!

    Fair enough, at the moment be wary, and do your research so that everything stacks up, but just saying +cf is not the way to go is INSANE!

    Cheers
    Mel

  • melbear replied to the topic Self Managed Super Fund in the forum Hotch Potch 22 years, 2 months ago

    Hi Josh

    I know what you are saying. However, you would not believe the amount of due diligence we have done on this deal. I think we’ll hit about $10K in solicitor fees by the time we are done. There is a group of about 7 of us, who are looking at investing a total of $500K +. In this instance, I would suggest that there is very little risk…[Read more]

  • melbear replied to the topic Investors News!! NSW Bus Stop Shelters for Sale! in the forum General Property 22 years, 2 months ago

    Does Pinky have her own bank now Muppet?[:)][:D][8D] LOL

    Cheers
    Mel

  • melbear replied to the topic Cashed up or bad-debt-free? in the forum General Property 22 years, 2 months ago

    Kay

    If the loan is secured against that particular property you will have to pay it off, or arrange to have the loan secured against other property.

    As for your car loan, some brokers can advise if this is correct or not (tag team Simon?), but the banks will look at your payments that are to be made on your car as a bit of a negative. It may…[Read more]

  • melbear replied to the topic Capital Gains Tax in the forum No Subject 22 years, 2 months ago

    Muppet

    As I was clicking on this link seeing you as the last poster I was thinking to myself

    ‘Don’t Gloat Muppet!!!'[:(!]

    Too late. I’d love to invest in NZ, but unless you want to find the deals for me I’m better off trying to get my affairs (in all senses[:P]) sorted here in Aust.

    Cheers
    Mel

  • melbear replied to the topic Cashflow game purchase in the forum Hotch Potch 22 years, 2 months ago

    202 is not out on computer yet. Hopefully they are developing it.

    Yes, all you need is the board – and the rats, cheese, dice, and financial statements. The only thing you swap really are the deals, and the market cards/doodads.

    I have the 202 game, but have no one to play against.[:I][:O][xx(]

    Cheers
    Mel

  • melbear replied to the topic rAty where are you? in the forum Forum Frolic 22 years, 2 months ago

    muppet, I too have been wondering where the erstwhile Arty and Pinky have gone.[?] Maybe they have gone and got a life?[:O]

    They couldn’t have[}:)], could they?[:(]

    They seem to have taken Amit with them[:P].

    Cheers
    Mel

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