Awwwww shucks fjficm [blush2]

Thanks, I just wish I could’ve told you that it would work; for both our sakes!!!! I sold one of my IPs and now have a CGT bill (sitting right in front of me, here on my desk)for $77,000 [bawl]

If anyone can come up with an answer, that would be great; but for me anyway, what’s done is done, and now it’s time…[Read more]

Hi fjficm,

Not an option, so I have been told; if it were that simple, everyone facing a possible CGT bill from the sale of his/her property would “give” it over to their spouse.

I asked about it, but was quickly informed that it could not be done; that gifts were limited to a certain amount (eg. 50K), and even if it was possible, you would be…[Read more]

Originally posted by blondie_bec:
11% is our standard rate.

Where are poeple getting 5%!!!!!!????????

Hi Blondie,

I am in Victoria, our IPs are scattered around outer (within 20km) Melbourne suburbs, at 5% Some agents do charge between 6-8% however, I know many who (like myself) only pay 5.

I am sure you do a great job, but……….
Sorry…[Read more]

Hi Richmond,

I agree, I don’t think the government’s aim is to lower house prices; it’s focus (apart from winning votes) is to make housing “more affordable” thereby introducing additional incentives (FHOGs)for those entering the market to go out and buy.

As for the media, it’s level of influence, is minimal, but for those (few) who base…[Read more]

Hi all,

Thanks for your ocmments re the value in ex-Housing Commission homes.

I totally agree!!! I am not against buying ex-HC homes, and believe that if they are in a good growth area……why the heck not?????!!!!

The RE rang to tell me about me a “bargain” in Mornington (which BTW hubby and I purchased in about a month ago) and when he told…[Read more]

Hi Redwing,

I got a PM from Yack yesterday; so he is around, and as Celivia said, he was replying to posts as well. He actually posted 2 questions one entitled “Anyone been audited by ATO” or something like to that effect.

Cheers,

Jo

Originally posted by bennettvend:
I believe there will come a time shortly where there will be For Sale signs all over the place. And like the stock market in 2001. Yields will just get better.

Everything has cycles.

Yes Mark,

I too share your view on cycles…..the intervals between each stage may vary in length, but ultimately (IMO) it is…[Read more]

Hi Marisa,

You have a virus; which obviously your scanner is not equipped to dispose of. I am not sure about the ferosity of this virus, but I do remember it going around years ago.

I am not sure how it will affect your PC at the moment, but maybe you could try and update your scanner (in the background) and try to quarantine it. I am not…[Read more]

Hi TerryW,

Thanks for that (very very important) little tidbit. That is a definite OUCH !!!![bawl]

Good to know, I will make sure I don’t buy 2 properties from the same vendor within 12 months!!!!

That really does stink!!!![angry2][angry2]

Jo

Hey WallFlower,

Didn’t they tell you???????????[blink][blink]

It’s at your place, and you’re putting on the tucker!!!!!! [chef2][chef2]

Jo

Hi Yack,

No I haven’t personally….yet……shocked2] Maybe if I keep things on the up-and-up[angel]they will continue to pass me by????? [disguise]

[worried]Well for now, anyway!!!!![worried]

Jo

Originally posted by CastleDreamer:
Come on Monopoly, you can come up with wittier than that!!!!
And yep, I like to go to the active members page to see what other topics people are looking at – that way you see where the main focus at that point is – I just happened to see that Monopoly was looking at ‘member profile’ and I wondered what that…[Read more]

Hi G7,

Thanks for that…Seaford is lovely; I was looking at house there just this past weekend, priced at 240,000. WOW…..$18,000; not anymore!!!

Jo

Originally posted by thefirstbruce:
I’ll have to get Dolf’s book out again. Off the top of my head, I remember the first of his 101 tips were adding a carport if there was no under cover storage, and turning an existing carport into a garage.

Bruce
Mooloolaba, Qld

Hi Bruce,

Smart man this Dolf; who is he????????

Jo

Originally posted by agedownunder:
Thanks everyone.

I just entered some of your formulas into a EXCEL sheet.

Now I can save loads of time!!

I only need to type

Weekly rent
&
Property cost

Presto [grad]

Hi agedownunder,

Yep I did the same thing with this formula years ago, and it has come in soooooo handy. Like you, all I type in is either…[Read more]

Hi Shaunwalker,

Easy…..just give them notice of intention (60 days here in Vic) to increase rent, then simply up it!!!!![thumbsup2]

DVD player????????? Why stop there????? Just tell them that if they pay an extra 100 dollars a week you’ll come along once a week and put on a show!!!!!! [drummer][guitar][jester]

Seriously, it sounds like they…[Read more]

Hi M.A.
(hope you don’t mind the abbreviation??)

I know what you mean by the time you take into account expenses, interest rates etc etc, it hardly makes buying ANY property worthwhile. But I guess what most people (self included)look at initially is the broader picture, hence the 7.8% (using your example) which of course is not the ultimate…[Read more]

Sounds too EZY to me!!!

As they say “if it sounds too good to be true, it usually is” !!!!

Seriously, I don’t dispute that it COULD work, but there is a heck of alot of trust that needs to be had here, not to mention a contract in writing of some description, i.e. outlining pre-reno selling price, agreement to split profits etc etc. If you are…[Read more]

Hi Yoda,

Just go to your “profile” page, and scroll down till you get to the AVATAR section, and then using the highlighter bar, scroll down till you find an avatar that you like (you will be able to view each one as you land on it) then re-submit your profile page (to edit) and the picture will appear next to your username.

Cheers,

JO

Hello again Brad1m,

In response to your email, I thought I would post my reply to you, so that if anyone disagreed with me, or had a better idea, they could post it here, and perhaps be of some further assistance to you.

You kindly clarified to me, that you are paying rent where you are living now, and that you are looking at building on one of…[Read more]