Hey Globetrotter

That one’s easy. You don’t offer your buyer a 25 year fixed term. The best (should I say only?) way to do it would be to have their term mirror yours. If they want variable, you have variable. If they want fixed for up to 10 years, you fix yours for the same length.

Cheers
Mel

I looked into subway, and it’s not all that much to start up. $79-210K. If you go to the website it’s got all the info you need. I assume (I haven’t looked at it in a while) it would be http://www.subway.com

I then wanted to buy an up and running subway at about $500K, but I thought that I would not run around and do 10 different strategies, that I…[Read more]

B. Deros, you might be confusing the joint tenants with tenants in common. Joint tenants is where each party has an equal share. ie if there are two it’s 50/50. If there are three, its 33.3/33.3/33.3 etc.
Tenants in common can say one party 1%, the other party 99% if that’s the way you want to do it. I do not believe that banks care about the…[Read more]

Hey Bear

One strategy I have learnt that maximises your cash, and lets you stay in the same house is this:

Sell your house to an investor, with a (say) 5 year lease, with options for yourself to have further leases – also giving you the ‘get out clauses’ but not the landlord. Find somebody who wants to negative gear – or just sell ‘with…[Read more]

Hey muppet/Arty

Unless Arty gets a move on he’s going to lose you $100 muppet. I see that Sooshie is up to around 800! Unless as an admin type she is not included in your competition.

Cheers
Mel

Hi muppet

Rotten Zac dog got the chop along with my poor little Jackie dog almost as soon as the little puppies went to good homes! I was in Fiji at the time of the dastardly deed, having left behind a pair of pants for my little one to wear for a couple of reasons – including rotten Zac!!

My Jacko dog has loooooong legs. She can jump fences…[Read more]

Hi alf

In the past I have purchased as tenants in common. This makes it really hard if one wants to sell, but the other wants to keep the property etc. If one were to buy the other out, all mortgages, title deeds etc. would have to be redone, not to mention the stamp duty.

In the future when I buy properties with others, I will set up a unit…[Read more]

A spider in my car has almost caused me to drive off the road on more than one occasion[]. It involved a lot of jumping around madly waving at it to get out. Then when it vanished I wasn’t keen on getting back in!

Past pets – we used to have a rat, his name was Aussie. Or Ozzie. Not sure which. After mum initially freaked out, she was the…[Read more]

McLeod’s daughters! Other than that don’t watch much telly. Used to watch anything, but now…. lots of reading, and trying to keep up with this forum!

Apparently there aren’t many episodes of the Goodies left! Somebody trashed the BBC’s copies[!], and the biggest collection (though not all of them) is the ABC’s collection.

Cheers
Mel

Hi guys

I bought the game about two weeks ago (well, I rec’d it then anyway). Now it seems that I’m either catching up on this forum, or playing the game.

You can play as a single player against up to four computer players. You can also play up to 5 individual people (they call it hot-seat multi player – ie you take turns in front of the…[Read more]

Hi

Public servant of 10 years with Defence in Canberra[:0)]. Currently on stress leave as they would not let me use my Rec Leave. Also running vending machine business, and managing 14 IPs (selling two this week). Were reasonably positive until latest purchases which have had great growth, but at the expense of income return.
Looking to…[Read more]

Hi all

Just in case you don’t know – stamp duty is tax deductible when you pay it in Canberra. [] This is due to the leasehold. From memory we have not had any leases come up for renewal yet, but I would really be interested to see what would happen if the government decided to charge a hefty (rather than a nominal) fee for a new lease.

I have…[Read more]