Hi Kay,

No nothing like that, I got burnt by PPM – Poor Property Management, not once but several times. There was a great deal of “oh you’re from Melbourne…hmmmmm???” (not actually voiced) type of attitude. Researched PMs from different RE agencies, asked locals, friends & family for recommendations and (just bad luck really) couldn’t find a…[Read more]

Hey qwerty,

Thanks…glad to see you didn’t take offense to my comment…it was by no means aimed AT you.

As for that “duty of care” I am not doubting your word; I just can’t bring myself to believe that any court of law could hold an ex-spouse responsible for another, especially when taking into consideration the circumstances which brought…[Read more]

Hi CastleDreamer,

I am not arguing that cheap, clean, tidy, and inhabitable residences, with good returns exist, I just said that they are becoming more and more difficult to find. It seems in most states, all that is remaining are the “dreggs”, of which one could only refer to as feral!!! Sure some might scrub up well with a bit of…[Read more]

Originally posted by martinw:
Steve, can I moderate?

Yeah right!!!!![lmao][lmao][lmao][lmao][lmao]

Originally posted by qwerty:

Oh, and just to add, even when you are divorced and things go wrong for your ex you have a duty of care to them as well (spousal maintenance)…………..

PIGS A…!!!!![grrr][grrr][grrr]

I gave my ex husband 17 years of love, devotion, and in the end….some of MY money, and if anyone thinks I have a “duty of care” t…[Read more]

MartinW,

Sorry to disappoint…but you didn’t bother me at all. As I said, I am not a follower of Steve’s teachings (per se), but I don’t claim it CAN’T work, if you are prepared to venture beyond your own backyard.

Why so antagonist??? All that will happen is people will see you for the angry young man that you undoubtedly (for whatever…[Read more]

Originally posted by lifeX:
Damn Jo, Now i feel like a smart ass, hmmmm.

Jo, are you in cahoots with my conscience?

LifeX,

My post wasn’t aimed at shaming you into loaning Wallflower your copy, but if it helped sway you, then it proved worthwhile posting!!! [specool]

Besides, I tend to think you probably would’ve loaned it regardless of my…[Read more]

Hi Devo,

My husband and I have a LOC, which we have over the years used to purchase IPs and other items. As Mortgage Advisor said, it is not that difficult to calculate the interest part of the loan used for the non-deductible items. The example he gave is pretty straight-forward; even I can follow it!!!

Nonetheless, many people prefer having…[Read more]

I would do so gladly Wallflower (for free) but sadly I don’t have it to give.[glum][glum][glum]

Hope someone here find it in their heart, to be be generous enough and extend you a loan.

Jo

Hi Purplekiss,

I believe there is a hefty debt against the house; maybe this is what she meant!!!

Thanks, I never considered that possibility…derrrr!!! [rolleyesanim][rolleyesanim]

Jo

Hi Roxana,

As well, try http://www.realestate.com.au, http://www.property.com.au, and http://www.domain.com.au All are good sites worth a look. You can check out what the going rents are in the area and surrounding areas, as well as looking at the suburb profile/snapshot which will tell you how many schools, parks, population size, growth scales etc.

Makes for…[Read more]

Originally posted by MiniMogul:
I didn’t think it was insensitive in the slightest. I was trying to figure out if wallpaper was being ironic or something? nevertheless i am working on the come-back from hell, complete with calculations. just so I can make a fair comparison, Could you tell me what the rent was per week on the property back in 1987?…[Read more]

Originally posted by SteveMcKnight:

It’s certainly hard to reason why a property has fallen 50% in value when there has been a huge boom Australia-wide.

Perhaps the fixtures and fittings have been depreciated, but this sounds odd given that such costs on a private home would not be deductible!?!

Thanks for your input Steve,

I’m with you; I…[Read more]

Congrats Kay,

Be kind to me though….remember, we’re supposed to be “best friends” according to some!!!! [lmao][lmao][lmao]
[biggrin][biggrin][biggrin]

All jokes aside, I know you’ll do great and keep us all on the “straight and narrow”!!!

Jo

Originally posted by lozza123:
Does anyone know about wrapping to divorced people? How do they go with refinancing in a year or so’s time? Are there any bank restrictions?

Hi Lozza,

Guess the only time marital status may be of interest to the banker is if he/she was hoping to ask the applicant out on a date! [inlove][inlove]

Just…[Read more]

Originally posted by WallFlower:
Monopoly, I can’t believe you can ask such an obviously offensive and insensitive question.
Watch yourself GIRL !!

Hi Wallflower,

I am somewhat confused as to how my question could be perceived as either offensive and/or insensitive, however, in the event that anyone took it as such…..

I wish to apologise to…[Read more]

Oops….did I walk into a “Anti-Steve McKnight” forum??????????? [jerry][jerry]

Come on MartinW,

Don’t you think you are being a bit unfair??? [upsidedown][upsidedown][tongue][tongue] No one is trying to convert you into agreeing with Mr McKnight or his teachings….I for one, am not a follower of his path, but that doesn’t mean it don’t…[Read more]

Hi Westan,

I hear what you’re saying, and agree with you wholeheartedly. I am always cautious (and weary) especially on the internet.

That is not to say, I would never respond to anyone who wishes to speak to me, I am (and always have been) more than approachable. However, the incident today put me on alert and I became very weary of the other…[Read more]

Originally posted by Lizzy:

I can give you a contact for NZ investments, there is even a seminar on soon for some up and coming off the plan sales. I also have an excellent contact in Far North Queensland… my jaw drops at some of the deals I finance for clients up there. I.e. under 90K purchase with $150pw rental? Tell me can you argue with…[Read more]

Gotta hand it to you guys (and girls) I admire your spunk!!!

I feel like I was being a real “worry-wart” about the whole earthquake and fault lines thing, but I guess what I didn’t consider was people’s experiences.

For those of you who have lived in NZ or have invested there, you would obviously know far more about the place than I could ever…[Read more]